Buhari Economic policy is very sound and Pragmatic. by Tuale4u - Politics (2)

Buhari Economic policy is very sound and Pragmatic. by Tuale4u - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Buhari Economic policy is very sound and Pragmatic. by Tuale4u (4694 Views)

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Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Nobody: 8:51am On Apr 16, 2016

luvinhubby:
And N500 billion of the borrowing was earmarked for welfare packages that will 'stimulate the economy'. I see!

Alot of US deficit are for social Benefit.
US despite being d country with highest form of Capitalism in d world still have place for social benefit like food stamp, etc

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Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Nbote(m): 8:54am On Apr 16, 2016

Sometimes I wonder if it's these zombies dat are actually the people in power or the APC led govt... Una no dey tire sha. Tomorrow we'll still hear u ppl complain and blame *saboteurs* for everything dat is obviously wrong with the said budget. I hope u do realise dat by dis tym nxt year anoda budget wrangling would have ended again with anoda write up on "how dey are going to get it right dis tym around"....

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Jesusloveyou: 8:56am On Apr 16, 2016

sublimes:
Are you still campaigning?

and why are u stil wailing, cheer-up, hope for better tomoro, God bless pmb

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Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Nobody: 9:08am On Apr 16, 2016

Jesusloveyou:
and why are u stil wailing, cheer-up, hope for better tomoro, God bless pmb

thank u 4 telling him dat.

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by alexlee50: 9:24am On Apr 16, 2016

This op is mad

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by luvinhubby(m): 9:27am On Apr 16, 2016

tuale4u:
Alot of US deficit are for social Benefit.
US despite being d country with highest form of Capitalism in d world still have place for social benefit like food stamp, etc

They can conveniently afford it without external borrowings at ridiculous conditions & not mortgage their children's future like Buhari is doing.

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by luvinhubby(m): 9:28am On Apr 16, 2016

Jesusloveyou:
and why are u stil wailing, cheer-up, hope for better tomoro, God bless pmb

Even some of the staunchest supporters of Buhari on NL lost hope in him months ago, e.g obiagelli. cheesy

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Jesusloveyou: 10:42am On Apr 16, 2016

luvinhubby:
Even some of the staunchest supporters of Buhari on NL lost hope in him months ago, e.g obiagelli.

even d staunchest wailer firefire now believe in pmb. God bless pmb

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by otil1: 10:58am On Apr 16, 2016

China deal na loan o!

Don't get too excited.

It's China finding where their contractors will go get work and create employment for themselves.

Otherwise that entire sum can be sourced elsewhere

Naughtysite:
Chai APC.

One day, one lie.

Apart from the China deal, what has he gotten right ?

I can even pull up my comments and advices on this forum dated June 2015 advicing Mr President on taking a Chinese loan when he was still busy running around Obama and Cameron for selfies.

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by dokunbam(m): 11:09am On Apr 16, 2016

Wailers will not see the good side

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Nobody: 8:46am On Apr 17, 2016

Jesusloveyou:
and why are u stil wailing, cheer-up, hope for better tomoro, God bless pmb

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Nobody: 9:03am On Apr 17, 2016

juman:
You are perfectly right.

Anybody can version out any so called "best policy".

1.5 trillion on Infrastructure is grossly too little for a country like nigeria that has no functional infrastructure.

It is not too little considering where we are coming from. coming from a country that use to use only 40% of that for infracstructure. The 1.5 trillion is huge in dat regard.

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by diegwu01: 10:29am On Apr 17, 2016

luvinhubby:
And the bogus & unrealistic plan of yours is silent on the $10 billion (N1.9 trillion) borrowing that will directly plunge Nigeria into the pre-2004 debt burden thereby increasing Nigeria's annual debt servicing by an additional 10% of our annual budget in the next 2yrs.

And at an alarming 12% inflation rate, most of the so called capital projects will be requiring an additional increamental borrowing to sustain or complete them.

Buhari is leading Nigeria straight into debt dungeon.

If the President decides to Borrow and build our infrastructure and diversify our economy in the absence of adequate revenue from our only source of foreign exchange, Oil, it is a welcomed initiative. A Nigeria with improved infrastructure, Good roads, Electricity supply, Transportation and other sources of Income like Agriculture, Mining, Manufacturing etc would function and pay back any loans borrowed.
There is absolutely nothing wrong in borrowing to build your nation and economy especially with men of integrity like Buhari and PYO in charge. (i would be concerned if it was GEJ borrowing)
America is presently in a $13 trillion debt with a booming economy and strong currency and practically zero inflation, Nigeria owes nothing with a tumbling economy.

Dont listen to some idiots like Fayose and the Wailers club talking about debt.

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by juman(m): 10:30am On Apr 17, 2016

tuale4u:
It is not too little considering where we are coming from. coming from a country that use to use only 40% of that for infracstructure. The 1.5 trillion is huge in dat regard.

Even that little budget would not be implemented. Most projects would not be done.

You know nigerian "leaders".

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by luvinhubby(m): 11:41am On Apr 17, 2016

diegwu01:
If the President decides to Borrow and build our infrastructure and diversify our economy in the absence of adequate revenue from our only source of foreign exchange, Oil, it is a welcomed initiative. A Nigeria with improved infrastructure, Good roads, Electricity supply, Transportation and other sources of Income like Agriculture, Mining, Manufacturing etc would function and pay back any loans borrowed.
There is absolutely nothing wrong in borrowing to build your nation and economy especially with men of integrity like Buhari and PYO in charge. (i would be concerned if it was GEJ borrowing)
America is presently in a $13 trillion debt with a booming economy and strong currency and practically zero inflation, Nigeria owes nothing with a tumbling economy.

Dont listen to some idiots like Fayose and the Wailers club talking about debt.

Has it occurred to you that 20% of the N1.86 trillion borrowing is going to recurrent & that those debts are being serviced (not repayed) in geometric progression from your subsequent earnings as a nation.

American govt borrows from it's own treasury, they own the currency, so stop comparing yourself to them.

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Nobody: 12:03pm On Apr 17, 2016

gidgiddy:
Buhari must think we are all stupid. How can someone lay out an economic policy but doesn't tell anyone how it will be achieved? That's like me saying I want to travel from Enugu to Lagos but I don't know if I'm going by land, air or sea.

As an Igbo guy, I already know that Buhari is a disaster just like every head of state whoever ruled Nigeria. I'm just happy that I did not vote for the gworo chewing dullard of Daura.

You are 5%. You are inconsequential. No one gives 2 figs about your vote. Igbo guy your pain has just begun

Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by gidgiddy: 1:08pm On Apr 17, 2016

kropotkin11:
You are 5%. You are inconsequential. No one gives 2 figs about your vote. Igbo guy your pain has just begun

Joker. You don't know that if Buhari messes up, which he is already doing, it's all of us that will suffer it, wether you are 5% or 95%

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Re: Buhari Economic policy is very sound and Pragmatic. by Tuale4u by Nobody: 4:24pm On Apr 17, 2016

gidgiddy:
Joker. You don't know that if Buhari messes up, which he is already doing, it's all of us that will suffer it, wether you are 5% or 95%

your last statement is absolutely correct but you see you're the only one who will be doing the complaining

1 2 Reply

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