One lai today, another lai tomorrow!

No difference. Situation of the economy, joblessness, oil price, no electricity, no fuel, low value naira etc are beyond control. Same same.
Considering that GMB promised to stabilise price of crude in world market.

Lie n APC r confused

Phame:
We still love Lai despite the comment.

May your children tell lies like Lai Mohammed

Zombie

What Lai Muhammed meant is controlling the price of crude oil is beyond the Federal government and this is the fact.

blackpanda:


Na wa o. When they said you shld go to school, u refused. Have u been sleeping since or living under a cave
Nigerian govt is actively in control of the exchange rate. Thats why CBN keeps selling at 197 eventhough blackmarket is 312. Were u asleep when Buhari refused to devalue

And btw stop lieing about spending your funds for this govt, cos your comments shows your criticisms arent constructive in the slightest. You are just a regular wailer trying to disguise as a supporter!

And d use of abusive words shows u went to school?How ignorant can u be?Do u think exchange rate is controlled by government pronouncement?Please its basic economics,govt. can only peg d rate if it can provide a reasonable amount of fx to meet demand.Ignorance is d reason pple like u fail to decern simple inference.How does PMB intend to get d fx to keep CBN rate at 197 in d face of dwindling income?D simple answer is what his economic advisers are not telling him,d CBN rate has virtually no effect on real rate as business owners including banks continue to use black market rate for most transactions.There is a time to dip ur tail in btw ur legs and run,I'm quite sure part of my funds is used to pay you for e-ratting,but like I always tell pple elections are over and we've won.We must not let Nigerians down.

Obiodunukwe:
ThisDay is one of the IPOB newspaper

Deliberately twisting the words of the minister in other to provide opportunity for IPOB youths to wail their hearts out

Wail on!!

Ur problem is beyond night vigil prayers

Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

No matter the garnishing, Lai Mohammed wasn't taking out of context. He was spot on that the economy was out of their control. All the long talk was on addendum the koko was that the economy is out of govt control. The. Oil interplay is our economy!

The same attribute that makes Lai muhammed a powerful propaganda machine is the same that made a dangerous liability to his party. Let them enjoy their romance together.

The sort of journalism practiced in Nigeria is quite shameful and calls for all stakeholders involved to really look into this. It is particularly shameful that a newspaper of repute like Thisday Newspaper can misrepresent facts. Very unprofessional.

Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

Don't forget Thisday is yam eater group.

Nellybii:


Who are you sef? and what is your qualification? How much do you know about international economics? You are just a noron. A frustrated semi illiterate that hides behind a useless moniker here to spew trash. Sharrap and go get a life. Wail from now till tomorrow No more free money. If you want money, you have to earn it. New Nigeria.

#righttodiewailing#

Did you realise that you actually made no point in this post of yours?

Palantir:


True he was asked a question about the forex situation



But in his response, he moved into an analysis of the economic situation. That was the situation he meant control had been lost. Who is being mischievous now? No matter how you try to spin this for the APC government, 2 facts have been made clear here. 1, the current government is completely clueless on how to turn this situation around. They are only reacting to events trying to keep head above water. 2, Lai Muhammed has no control of his utterances

If I agree with you, what are you going to say about PDP goverment with oil boom for 16 years, no power plant, no road, no refinery with crude oil prices @$120/140.

When a country like Algeria foreign reserve is $155 billion, Libya at war for over 6 years is $61 billion while Nigeria is just $29 billion.

While not allow 4 years of APC compare to 16 years of PDP.

Icon4s:
I am not an APC supporter. Neither am I a Buhari fan. But if u read those lines very well u will understand Lie Mahammed was misquoted.

Simple and plain truth.

Thisday has just goofed on this one.

If you read it within context, he said so. They were talking about the economy and how it led to the fall of the naira.

ShowYourCertificate:
And what makes you so confident that the SITUATION he meant was just that of the exchange rate? It seems you also inherited the lying gift from Lai the Lier.

Read the excerpt again. Lai mentioned the SITUATION that's affecting the free fall of the naira. He talked about balance of trade, export/import, fall in crude price. All these are the SITUATION leading to the free fall of the naira and the poor economy. And he said this is beyond the President's control. The SITUATION here is a totality of the forces affecting the economy not just an aspect of it as you claim.

So you see, you lied just like Lai. And you didn't even lie well. You should have said SITUATION meant fall in crude price rather than exchange rate. How can you say the exchange rate is beyond the control of the president? That means you're suggesting he's incompetent in boosting the value of the naira. Well, I agree with you on that.

What is your experience about international trade ?. A country who spent 40% if his foreign exchange on fuel import when crude is @$120 and now is @$30 average.

Mathematics-

40% of 1 million barrels at $120 = $120 millions
=$44 million. 120 m - 44 m = 76 million for other commodities

Crude at $26/30 for 1 million barrels = $30 million less 44 million for fuel Import. 30 m - 44 m= -14 million.

What is left for other commodities?.

Picomon:
Most Nigerians can't read and understand English.. What a shame. The media sucks.

Lai Mohammed is right. People should learn to read and understand not the other way round.

Na wa!

.

U mean he has never lied

OMG!!!...... Stupid1ty is strong in this country.


The situation Lai Mohamed was talking about was the oil price situation and not the economy!!!!!


My God!!!...... it's scary that there's such mass ignorance in this nation.

This is the reality on ground. Laid Mohammed just painted the picture of the great work this government is doing. It is a total rebuilding of our nation. Nigerians love a govt that paint black white for them

Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

The media quoted him verbatim. It is sensationalist headlines like this one that sells papers and, fortunately for them, Lai Mohammed provided them the precise ammunition. So you might want to calm down a bit and not take your frustration out on others.

There is a difference btw these two Headlines
1.Economy beyond Buhari's Control
2.Situation beyond Government Control

Sweetlemon:


This is one of the reasons why I'm all for this media bill. I don't read ANY news site at all and anything not reported on Channels News is not taken seriously.

If they pass that bill,who will report when our friends from other side abducts you to one of their emir~ates palace and names u aisha

Bevista:

This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
.

Bla bla bla what difference does it make? Whether the president lost control of oil price or the economy, its still the same thing cos he clearly indicated that oil is responsible for the economy in that same excerpt.


Here is the part I'm referring to: We have lost about 70 percent of all our income and not only was oil responsible for all our income, it was also responsible for about 90 percent of all our foreign exchange, which makes between 90 -80 percent of our source of foreign exchange.


As far as he has lost control of oil which forms the economy(income), he has lost control of the economy. Even a blind man can perceive it from the present situation of things in the country.


Read carefully before you start criticizing the media or anyone.

Satan dey learn for where Lai Mohammed

Gorodomu:

And d use of abusive words shows u went to school?How ignorant can u be?Do u think exchange rate is controlled by government pronouncement?Please its basic economics,govt. can only peg d rate if it can provide a reasonable amount of fx to meet demand.Ignorance is d reason pple like u fail to decern simple inference.How does PMB intend to get d fx to keep CBN rate at 197 in d face of dwindling income?D simple answer is what his economic advisers are not telling him,d CBN rate has virtually no effect on real rate as business owners including banks continue to use black market rate for most transactions.There is a time to dip ur tail in btw ur legs and run,I'm quite sure part of my funds is used to pay you for e-ratting,but like I always tell pple elections are over and we've won.We must not let Nigerians down.

Abeg shut up. You are saying two different things are the same time. You say govt cant fix exchange rate in one breath, then u also agree govt is fixing it at 197. If you dont knw what to say, pls be quiet!

Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---i
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

and I was beginning to Think no one will have a little sense but thank God u do!

[quote author=dannewlife post=43742873]What Lai Muhammed meant is controlling the price of crude oil is beyond the Federal government and this is the fact. [] u go better school joor

Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

You are a ricetified fellow. Your brain have been seasoned with rice

Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

[size=13pt]Although I am not a Buhari fan at all, I noticed that he did not actually specifically mention the economy (but seemed to be referring to forces at play in the economy) in that statement.

That being said, I fault Buhari on "...spending countless nights lobbying, rallying other oil-exporting countries on how do we stabilize the oil price…." because I believe that that is chasing and clinging unto the past. Better use of administrative mental/physical energy and time would be to increase the agricultural (and other) output of the country steadily to race us out and as far away as possible from the dependence on oil.

Oil will finish someday. If it doesn't soon, all the many alternative energy sources being researched and developed right now by different teams around the world will further erode its value. I think clinging by trying to influence the worlds oil producers to take actions that could help improve the price of oil is a sad waste of administrative time at this junction in Nigeria's history (i.e if it is actually true that that is what the president is doing with his travels).

I say these things as a person from the oil-producing region of Nigeria. We cannot seriously invest in chasing that which is only likely to lose more value with time. The "oil" has long left the ground. It has now made its home in the minds of men.[/size]

Sweetlemon:


This is one of the reasons why I'm all for this media bill. I don't read ANY news site at all and anything not reported on Channels News is not taken seriously.

aso rock jollof rice reallly working wonders in your life.

Wailers will always be wailers . Many literates are just not educated and their condition
Will always mislead them to read things out of context . PDP people should wake up and accept their defeat in good faith . They put us in this mess and must allow PMB to wriggle us out .

When you lie and lie and lai, one day you will get confused and say the truth.

blackpanda:



Abeg shut up. You are saying two different things are the same time. You say govt cant fix exchange rate in one breath, then u also agree govt is fixing it at 197. If you dont knw what to say, pls be quiet!

So ure having issues with comprehension and ure here making comments on issues far beyond what u can easily understand.Why not show both responses to a J S 1 kid around you for proper interpretation?