EbolaParasite:


If no subsidy was paid in 2016, why is the pump price not 86 naira? Why should it increase to 135-145 if no subsidy was paid at 86? Am i missing something here?

So, you mean subsidy was paid and the govt lied against itself by saying no subsidy was paid?

Wonderful reasoning. Pls read about deregulation. The reason it was 86 then was because the govt was still providing forex at official rate of 199. But now that the govt can't provide dollars, it's 145 because marketers source for more expensive forex.

9jatatafo:
All roads lead to the farm and full scale agriculture

when fertilizers subsidy has also bn removed

all hail APC qwömenti

By the mention of the name Buhari, every facet of the economy must recede...

RickyTan:


So what did your Hero GEJ do with years of oil price at $120? You keep dodging this question

Your ex president buhari should be question more, he has seen it all.

DropShot:

Nigeria has not paid a dime in subsidy since beginning of 2016. Again, what the FG has done is to deregulate the oil industry. Read about what it means to deregulate.

Why can't you counter the fact that the Ineffectual Buffoon and madam puff-puff borrowed to pay salaries in Feb and March of 2015 and attempt to tell us how they could have managed the economy with much more lower oil price?

The FG has not deregulate. They just hiked the fuel price! Are you this ignorant or your zombiism is getting the better of you?

Klington:
when fertilizers subsidy has also bn removed

Shifting to mixed cropping and rooting for organic fertilizers

Izontubo:
and you think stealing is corruption to buhari..like it was good cash that funded his elections. ..save the corruption talk for another freaking day...Buhari till this moment can not meticulously and tactfully handle the Niger delta issue and he expects our economy to boom...

"Meticulously and tactfully handle Niger Delta?"
I agree PMB has not done enough in ND. One area I agree he mismanaged.
BC he was concentrating on Boko Haram and recovering looted funds.

BUt bombing pipeline will sadly have to be met with force. I hate to admit this but this is what will happen. Tompolo Bombing leaves PMB with no choice now. After all the bombings we will all start from square zero.

DropShot:


We saw this coming. It's not a news any longer since the only commodity that made us grow on paper has lost more than 60% of its values without us saving for these rainy days.

PMB technically inherited a bleeding economy; an economy effectively in recession.

we knew it was there before pmb came but its like taking a dying patient to an emergency unit and the doctor insist you must pay for card and deposit a certain amount before he attends to the patient.
What was Pa Bubu doing that it took him 6 months to constitute his cabinet, a whole 6 months without leadership in an economy heading towards recession, what miracle do you expect?
And the worst part is that all we have as ministers are career politicians whose only work has been to keep praising the president as the best Nigeria has ever had with nothing on ground to show for it.

/
What will be will definitely be.

Until Nigeria diversifies away from "one commodity" economy, any meltdown in oil price will make life a living hell for her citizens.

The only good news for now is that oil may be preparing to snap back to the 70-80 region. It seems that the supercycle low ended around $27/barrel.
\

He achieved all that you are suffering today. Why are nigerians complaining if PMB improved anything ......rather he reduced. Don't get me wrong GEJ did his best and PMB is doing his best. Let's not digress from the what I said earlier. ?........ let's suspend blaming and accusing ...... let's focus on unity and maximisation of all the strength that's available .

the problem is Bad Economy. The solution is A team of Economist to steer us through this rough weather and PMB.
the question is..... do we have the right guys to do the job? The answer is YES.

Now, ask why the delay?...... and answer tge question yourself

RickyTan:


So what did your Hero GEJ do with years of oil price at $120? You keep dodging this question

The difference between GEJ and PMB.....
When you consider the issue of subsidy removal you will come to the conclusion that PMB is more and highly intelligent than GEJ. PMB knew that many people will reject the idea of subsidy removal so he decided to use the intelligence services and other influential apparatuses and secretly approached, penetrated and persuaded those unions and civil right organisations that have good influence on the people and whose actions can wart the policy, before he finally made the announcement. This informed the reason why one union after the other were announcing that they will not take part in the nlc strike. In America for instance the president will secretly meet with key senators both from the ruling party and the opposition concerning any policy he want to make so as to win their support and help him persuade other senators. This is what is done every where but GEJ lacks this basic common sense. I met someone from yenegoa who was in some of these secret meetings by PMB machineries he confessed to me that he now know why these hausa pple are always ahead.

googlepikins:
Nigerians are the only people in the world that voted an illiterate as a President and expect him to serve like Obama. I don't get it !!

Origin or Ciroc...got to buy you a crate.Best coment ever

Whizzdom:
OP, the great analyst, the issue of Nigeria or Nigerians is that there are jobs that are already there for us.

Lets look at farming, how many Nigerian University Agricultural Student graduate or any other young youth can farm nowadays, how many of our youths knows how to farm, if you ask them why they dont engage in farming, they will tell you that farming is for old and illetrate men / people, which shouldnt be so.

Many people want white collar jobs, while there are jobs that will fetch monies and bonus it with knowledge.

If our youths and people can go back to farming / domestic agriculture, they will enjoy it, they will engage in importation of the farming products to other countries, our economy will rise and there will be competition in the business, foodstuffs like rice and beans, etc, will be cheap for a layman / ordinary person to afford and buy even a beggar will buy it too.

There are many ways to enrich our lives, it is not only white collar jobs.

Nigeria is flowing with milk and honey.

this is what you should have advised the sheriff in town loooooooong time instead of him galvanising from pillar to post shouting fighting corruption.... see now that shrinking economy is fighting him, zombies and wailer alike...

SeverusSnape:

Yes, We saw it coming, we knew Buhari was coming to destroy the economy of the country, we know he's a dullard.

What do you mean by "We saw it coming"? Nigeria has been in a recession since independence. What has been propping up Nigeria for years has been the proceeds from oil and that is insane. Wind don blow. Foul yansh don open. For a country to depend on one major source of revenue is mind boggling to say the least. Nigerian just love blaming everybody for something they caused. America, boko haram, Buhari, Kai, Lastma, etc. The list is endless. A country is as good as it's leaders. Bad citizen, bad country. Good citizens, good country. You guys better wake up and smell the coffee.

DropShot:

With what the "dullard" has achieved by keeping Nigeria alive, the Ineffectual Buffoon would have put Nigeria up for sale were he to still be in charge.

Nigeria under the IB borrowed to pay salaries in February and March 2015, remember?

So, intelligent people can understand what we would have become if he was still in charge.

Have you blamed Jonathan?


People like you will soon start blaming Jonathan because you graduated with a pass degree

Pls are you talking about farming with hoes?

Kanyekels:


Have you blamed Jonathan?

He is also part of a long list of problems Nigeria had, has, is having, and will continue to have.

bubu the dullard.
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DropShot:


We saw this coming. It's not a news any longer since the only commodity that made us grow on paper has lost more than 60% of its values without us saving for these rainy days.

PMB technically inherited a bleeding economy; an economy effectively in recession.

Nigeria is not the only country that drink oil. PMB as an ex president should change thing immediately. We did save, is it buhari, APC and PDP that squandered the money. Now, is the time to use good brain to save our economy and stop pushing it too hard on the masses.

Good afternoon Nigeria.

So, we have a problem....though we have been saying that for ages. Some of us even saw we had a problem 5 years ago. Our economy IS based on the price of a barrel of oil....not on the works of our hands. That is where the problem is.

And to make matters worse....we Nigerians cannot set the price of our oil. Even the OPEC cartel cannot set the price of oil any longer. It has been weakened by the increased oil production in non-OPEC member states.

And yes....I would like to blame PDP for spending 16 years in power....and for doing nothing about our oil dependency. GEJ, despite his fans screamings....also did not save oil money (and did not increase refining capacity). And the APC is refusing to be brutally honest with us Nigerians...that we are a poor nation, and we need to cut our coats to size.

What we need to do now is simple

1.End all subsides. Increase school fees, hospital fees, etc. Yes...it would be hard on Nigeria....but when you do not have the money for cake...you do not go ahead to eat cake regardless.

2.Spend money urgently on Power (Add 20000MW by 2020, ) , transport, roads, and education.

3.End all useless government welfare programmes like SURE-P, N5000, etc. No more First Lady projects.

4.End all excess spending in the National Assembly and State Assemblies.

5.Continue the War against corruption. Anyone who says PMB should stop fighting corruption is a traitor to the Nigerian nation and his own tribesmen and women. We do not need such evil and deceitful people among us. We have suffered enough from their thievery since 1960. Corruption ends here. The(Nzeogwu's) ten-per-centers are our enemy. a threat to our very existence as a people...at both the tribaland national level. They must be stopped.

6.Force all states to work towards earning more money. Give states control over their non-oil resources.

7.Cut the bloat in the Civil Service. We have no need for a big civil service in our nation anymore.

8.Stop wasteful spending. If you cannot buy the imported....buy Nigerian. Our biscuit is just as good as Walker's shortcake.

9.A hard line on religious, tribal and ethnic millitants. All thug herdsmen, all Bokoists, all pipeline vandals, and all religious fanatics....all those who commit violence in the name of tribe or religion are our enemy. They must be stopped.

10.Nigeria must no longer be dependent on oil or any resource again.In ten years time,we must be a manufacturer. No buts, no excuses.

Long live the Republic!

RickyTan:


Why are you wasting your time with people that do not care about facts?
Fact - Jonathan despite years of $100 oil saved nothing for rainy day.
Fact - Jonathan and his Diezani and his corrupt cartel blew everything and borrowing to pay salaries in Feb and March 2015.

Opinion - Let them blow pipeline dey go - let us see who will suffer more. Bayelsa and Lower Delta will suffer the most. Nigeria has other resources. Plenty Land for example. Not so for Lower Delta
Let us see who will outlast the end of oil. The polluted oil swamps of Bayelsa southern Delta go feel the pain pass

we gree allow us be why una wan deal with us like boko haram... allow us 6months your type go wan naturalise to be NDER

DropShot:


We saw this coming. It's not a news any longer since the only commodity that made us grow on paper has lost more than 60% of its values without us saving for these rainy days.

PMB technically inherited a bleeding economy; an economy effectively in recession.

Story Buhari spent his first months in oOffice doing nothing till we don't have a viable economic team, it is squarely his fault

TrueSenator:
He achieved all that you are suffering today. Why are nigerians complaining if PMB improved anything ......rather he reduced. Don't get me wrong GEJ did his best and PMB is doing his best. Let's not digress from the what I said earlier. ?........ let's suspend blaming and accusing ...... let's focus on unity and maximisation of all the strength that's available .

the problem is Bad Economy. The solution is A team of Economist to steer us through this rough weather and PMB.
the question is..... do we have the right guys to do the job? The answer is YES.

Now, ask why the delay?...... and answer tge question yourself

At least you have displayed a modicum of integrity in admitting GEJ's corruption and lack of saving for the rainy day is the primary reason we are all suffering today.

Now solutions like you say - No Easy way out. I think we have to look at other countrys - China hit rock bottom in 1980, India in 1991. What did they do? These are Giant nations with the same complexities and similarities as Nigeria. So they serve as a good template.

Chinese allowed foreign investments and deregulation from around 1980. Nigeria cannot attract enough foreign investment bc Investors are worried about the security environment of their investments. BH hurt our reputation. NDA is not helping Nigeria.

So in my eyes Nigeria must deal with security- then look to attract FDI.
There is no secret formula to growing economy.
Reduce corruption.
Reduce regulation.
Increase security.
Increase investments - in agriculture, infrastructure, etc.
But with NDA and other groups the Naira will have to flow to the Ministry of Defence as opposed to Ministry of works

DropShot:

You're obviously behaving like a proper illiterate here.

Our amiable president, President Muhammadu Buhari only paid subsidy in 2015 plus the debt left behind by the Ineffectual Buffoon. In 2016, PMB has not paid a penny in subsidy. Again, read about it here http://www.vanguardngr.com/2016/02/no-subsidy-paid-in-january-kachikwu/

It's attached for you as well.

It is a pity you can call Jonathan an ineffectual buffoon, while describing Buhari as amiable. You called the poster you quoted an illiterate: now go and check the meaning of amiable. Buhari has never been and will never be described as amiable. He can be anything but never amiable. Stop using words you don't know their meanings.

InvertedHammer:
/
What will be will definitely be.

Until Nigeria diversifies away from "one commodity" economy, any meltdown in oil price will make life a living hell for her citizens.

The only good news for now is that oil may be preparing to snap back to the 70-80 region. It seems that the supercycle low ended around $27/barrel.
\

I am sorry...but you are being too optimistic.

Everybody is discovering oil.Fracking is here to stay. I expect oil prices to stay low.

DropShot:


We saw this coming. It's not a news any longer since the only commodity that made us grow on paper has lost more than 60% of its values without us saving for these rainy days.

PMB technically inherited a bleeding economy; an economy effectively in recession.

It was Buhari's refusal to devalue that brought this mess and not the fall in oil prices!

DropShot:


We saw this coming. It's not a news any longer since the only commodity that made us grow on paper has lost more than 60% of its values without us saving for these rainy days.

PMB technically inherited a bleeding economy; an seconomy effectively in recession.

Really it's high time people like you stop all this excuses for this government Obama inherited worst economy. In six months after taking office he put policies in place that stop the bleeding. This government is now one good year old things are getting worst and you are here preaching What he inherited he is not the first president that inherited worst economic down turn. At least I don't expect magic but at least the bleeding must have stoped by now.. This are not the way to run a falling economy he waited too long injecting fund into the system.

jimmynauty:


we gree allow us be why una wan deal with us like boko haram... allow us 6months your type go wan naturalise to be NDER

What is NDER? Lots of tribes

Your man govern Nigeria for 6 years and handed over a battered nation.
So you ask for 6 months when you had 6 years and all we saw was fantastic corruption

In Buhari and apc's voice 'Goodluck Jonathan is the cause'. Always finding who to blame for their Crass incompetence, inexperience, lack of vision, direction, goals and failures!!! Buhari the worst president ever in Nigeria

sosanova:



http://www.vanguardngr.com/2016/05/nigerias-economy-shrinks-first-time-since-2004/

DropShot:

Nigeria has not paid a dime in subsidy since beginning of 2016. Again, what the FG has done is to deregulate the oil industry. Read about what it means to deregulate.

Why can't you counter the fact that the Ineffectual Buffoon and madam puff-puff borrowed to pay salaries in Feb and March of 2015 and attempt to tell us how they could have managed the economy with much more lower oil price?

It's quite interesting to note that people like you still hold this type of view in the face of the staring really of Nigeria today. Hold on to your views I must tell you, but remember that a butterfly which dances it's way with corpse to the grave will have nobody to blame.

adimsmt:



Really it's high time people like you stop all this excuses for this government Obama inherited worst economy. In six months after taking office he put policies in place that stop the bleeding. This government is now one good year old things are getting worst and you are here preaching What he inherited he is not the first president that inherited worst economic down turn. At least I don't expect magic but at least the bleeding must have stoped by now.. This are not the way to run a falling economy he waited too long injecting fund into the system.

Because USA has a lot of working systems in place, what takes it six months to fix will normally take us more than double that time for us to fix. If PMB fails to fix the economy after his four year tenure, we will then blame him. Not now.