IMF sponsoring articles to unsettle nigerians and force buhari to devalue the naira.

They keep shouting from london and new york that nigeria economy is in reccess and yet the market is bullish.

I laff at gullible fellow...

etebefia:
This is really bad news, I wonder why Nigerians are just quiet, a great havoc is being done to the economy to the detriment of our future and people who are supposed to be talking are keeping quiet for fear of being arrested by EFCC or DSS. I advise that buhari should be impeached ASAP and I don't mind if the next president comes from daura. Buhari is unexposed and simply not sound to manage an entity like Nigeria.

Too late bro, we warned you but you called us wailers. Yes, I agree that corruption was high during GEJ's tenure but was nothing close to the heist that happened during OBJ's tenure yet both regimes recorded significant growth of the economy, simply because they had very good economic team that knew how to steer us on the part of growth! Corruption should not be fought at the expense of the economy, Buhari has no business in Aso rock, maybe he could have done better as the EFCC chairman. Nigeria will implode before he Buhari completes 4 years!!

kernel501:


Thank God for Buhari, those that voted him now call Jonathan professor of Economics.
Some set of people are disappointed.

Only a foool would think this began with Buhari. This has been gathering momentum since independence. You can't depend on one source of income for half a century and worse still, spend the proceeds like drunken sailors and not expect this to happen. Not to mention the incredibly corrupt mentality it's citizens have. If you want to know who is to blame, just stand in front of a mirror. Bad citizens, bad country. Good citizens, good country.

banmee:


Only a foool would think this began with Buhari. This has been gathering momentum since independence. You can't depend on one source of income for half a century and worse still, spend the proceeds like drunken sailors and not expect this to happen. Not to mention the incredibly corrupt mentality it's citizens have. If you want to know who is to blame, just stand in front of a mirror. Bad citizens, bad country. Good citizens, good country.

Respect! !!

Very soon nigerians will start queueing for commodities just lyk hugo chavez country. We in deep shit

oduastates:


How did buhari Bleep up?
The man has been basically fire-fighting since he got in power.
Their criticism is based on ideological ground. Neo Liberal capitalism which controls societies worldwide.They are doing their thing in Brazil as we speak and going as far as organising what is essentially a coup.
Probably only 5 of those billionaires in Nigeria are involved in any activity that is socially useful.
The country can do without all those oil barons.in fact almost all of them are simply collecting rents ( rent seekers)
Give me your prescription to solve the problem.
Foreign airlines alone are waiting to remove 500 millions dollars from the Nigerian economy since you do not build anything ( good or services) of any significance.
I am wondering how much all the Syrians, Lebaneses,Egyptians etc to whom road and other contracts are awarded, are waiting to remove.
Allowing the naira to float would have sent the economy into an instant death spiral and push ten of millions into poverty overnight . We all saw what happened Last week with the rumour of devaluation alone.
The answers are simple as it is common sense.
The Nigerian music industry.

1 Live within your means ( government and people).
2 increase inflows and reduce outflows.
3 Protect your market.
4 Build, make and invent all you can yourself. Learn from the mistakes to improve your product. Steal or borrow technology if you have to.
Case study
The modern Nigerian music industry started by copying.Then it evolved into conquering the local markets and Africa. It is now conquering( not dominating) the global market.
The likes of Kenny Ogungbe and Dayo Adeneye ( patriots) chose to use their platform to monopolise the air waves and forced Nigerians to listen to made in Nigeria music.
Nowadays, those plantashun Boyz and Tony tequila music will be regarded as trash.
Anyone who tells you that you can import your way, or build hotels your way to prosperity is only. deceiving you.
The greatest achievement of China's great leap forward was changing the mentality of their people.

I love your unbiased analysis......
It's good to know people like you still exist in this country.......
It shows there's a ray of hope for this nation.......
A lot of people think disintegration of this country is the permanent solution.....
They are in for a shock......
The answer lies in your very last statement......a change in the mind set of our people......
As a people, we should know that development n prosperity cannot be imported neither can they be bought with money......
U also cannot buy nor borrow your way into prosperity.
It's also not what one single leader can bring about with a magic wand.
Prosperity n development are cultures that people identify n relates with, with a mindset to make it a way of life.
Unfortunately, these things seem alien to us n that's why West African nations are yet to attain any meaningful or sustainable prosperity index.
If we are waiting for foreigners to develop our nation.......I'm sorry, but we're on a long thing.

Zombies be like yahoo finance is IPOD yoots oooooh

santity100:
IMF sponsoring articles to unsettle nigerians and force buhari to devalue the naira.

They keep shouting from london and new york that nigeria economy is in reccess and yet the market is bullish.

I laff at gullible fellow...

You are the gullible one here. Are you just acting out of ignorance or just trying to earn your "pay per post" stipend? For Gods sake, everyone, from economists, international & local analyists, proffessors & even laymen in the streets knows that all is not well with Nigeria & the noose seems to be getting tighter with each passing day yet you are here vituperating gibberish! Do you have conscience at all? Or is it when you start seeing Nigerians with bowls begging for alms all over West Africa that you will understand? I know the number of people that have come to me for financial assistance in the past week alone even when I'm trying to break even on my own! If things continue this way or gets worse, then we are doomed!!

....HOW THE NIGERIA MOTORCADE WAS HANDED OVER TO BUHARI !

etebefia:
This is really bad news, I wonder why Nigerians are just quiet, a great havoc is being done to the economy to the detriment of our future and people who are supposed to be talking are keeping quiet for fear of being arrested by EFCC or DSS. I advise that buhari should be impeached ASAP and I don't mind if the next president comes from daura. Buhari is unexposed and simply not sound to manage an entity like Nigeria.

Majority of Nigerians are docile, they prefer to watch their DSTV,s engaging in all manner of jamboree and listening to deceivers every Sunday morning who tell them that all is well.

etebefia:
This is really bad news, I wonder why Nigerians are just quiet, a great havoc is being done to the economy to the detriment of our future and people who are supposed to be talking are keeping quiet for fear of being arrested by EFCC or DSS. I advise that buhari should be impeached ASAP and I don't mind if the next president comes from daura. Buhari is unexposed and simply not sound to manage an entity like Nigeria.

And who do you think should replace him?

Tell us something else please...

Dear God, You Took away my favorite Singer (Michael
Jackson) Also took away my favorite Rapper (Dagrin)
You took away my favorite Actor (Sam Loko) Took
away My favorite Comedian (Dede One Day) God. Am
writing this to let you know that President Buhari is
my Favorite President Hope To Hear From You Soon.... YOUR son

oduastates:


How did buhari Bleep up?
The man has been basically fire-fighting since he got in power.
Their criticism is based on ideological ground. Neo Liberal capitalism which controls societies worldwide.They are doing their thing in Brazil as we speak and going as far as organising what is essentially a coup.
Probably only 5 of those billionaires in Nigeria are involved in any activity that is socially useful.
The country can do without all those oil barons.in fact almost all of them are simply collecting rents ( rent seekers)
Give me your prescription to solve the problem.
Foreign airlines alone are waiting to remove 500 millions dollars from the Nigerian economy since you do not build anything ( good or services) of any significance.
I am wondering how much all the Syrians, Lebaneses,Egyptians etc to whom road and other contracts are awarded, are waiting to remove.
Allowing the naira to float would have sent the economy into an instant death spiral and push ten of millions into poverty overnight . We all saw what happened Last week with the rumour of devaluation alone.
The answers are simple as it is common sense.
The Nigerian music industry.

1 Live within your means ( government and people).
2 increase inflows and reduce outflows.
3 Protect your market.
4 Build, make and invent all you can yourself. Learn from the mistakes to improve your product. Steal or borrow technology if you have to.
Case study
The modern Nigerian music industry started by copying.Then it evolved into conquering the local markets and Africa. It is now conquering( not dominating) the global market.
The likes of Kenny Ogungbe and Dayo Adeneye ( patriots) chose to use their platform to monopolise the air waves and forced Nigerians to listen to made in Nigeria music.
Nowadays, those plantashun Boyz and Tony tequila music will be regarded as trash.
Anyone who tells you that you can import your way, or build hotels your way to prosperity is only. deceiving you.
The greatest achievement of China's great leap forward was changing the mentality of their people.

Oga Ina ako tuu

I am not a fan of PMB but he is not to be blame on what is happening to the situations we are experiencing at the moment . However, what do you call a person that never learn from it's past mistakes? PMB has never and will never learn from his past mistakes that lead to overthrown by IBB.

The brain behind the policy of war against indiscipline was Babatunde "Tunde" Abdulbaki Idiagbon idea. In fact Tunde was the one fighting corruption ( which PMB is riding on that made him to win the 2015 election). He was the one pulling the strings and not PMB. He was overthrown on the absence of Tunde. Why? Because PMB has no clue on how to run a Government or know what to do. Fact!

PMB was not the brain behind the coup that lead him to power. Fact! He was asked to take control and be the military president simply because he of his rink. Fact!

So to think such a person would change the situation of Nigeria for better baffles me. PMB is a bitter man that wanted to come back to power by any means necessary. He felt robbed by IBB. Fact!

Back to the issues. The only way the black race and Nigerians can change things and turns its economy around is to figure the root of the problem until then nothing will change.

We have to start changing our mindset, believing in ourselves and our products, taking responsibility of our actions without casting the blame on someone else or some old person in the village,believing in our culture and traditions and most importantly ignoring the religion brought to us by the Europeans and the Arabs for their selfish interest. It has done us more harm than good. It has made us lazy and less productive. Until we do these things we will always be at the bottom of the ladder.

vivalavida:


#PostOfTheWeek

You can bet on it.

swing4real:
I am not a fan of PMB but he is not to be blame on what is happening to the situations we are experiencing at the moment . However, what do you call a person that never learn from it's past mistakes? PMB has never and will never learn from his past mistakes that lead to overthrown by IBB.

The brain behind the policy of war against indiscipline was Babatunde "Tunde" Abdulbaki Idiagbon idea. In fact Tunde was the one fighting corruption ( which PMB is riding on that made him to win the 2015 election). He was the one pulling the strings and not PMB. He was overthrown on the absence of Tunde. Why? Because PMB has no clue on how to run a Government or know what to do. Fact!

PMB was not the brain behind the coup that lead him to power. Fact! He was asked to take control and be the military president simply because he of his rink. Fact!

So to think such a person would change the situation of Nigeria for better baffles me. PMB is a bitter man that wanted to come back to power by any means necessary. He felt robbed by IBB. Fact!

Back to the issues. The only way the black race and Nigerians can change things and turns its economy around is to figure the root of the problem until then nothing will change.

We have to start changing our mindset, believing in ourselves and our products, taking responsibility of our actions without casting the blame on someone else or some old person in the village,believing in our culture and traditions and most importantly ignoring the religion brought to us by the Europeans and the Arabs for their selfish interest. It has done us more harm than good. It has made us lazy and less productive. Until we do these things we will always be at the bottom of the ladder.

I remove cap for you, let me add this to your already beautifully written expose`. He rode on the collective short memories of the Nigerian populace to power and the youth who didn't know that PMB almost crippled the economy in 1984 in the guise of fighting corruption, can't Nigerians see how Donald Trump is making waves, this is due to his success in business. Why can't Nigerians look at Donald Duke to lead them, we need visionaries not desperados.

Splazy:
Dear God, You Took away my favorite Singer (Michael
Jackson) Also took away my favorite Rapper (Dagrin)
You took away my favorite Actor (Sam Loko) Took
away My favorite Comedian (Dede One Day) God. Am
writing this to let you know that President Buhari is
my Favorite President Hope To Hear From You Soon.... YOUR son

Be Careful about the kind of statements you make. God is not a killer.

mrvitalis:
the funniest thing is this, Nigerians just love imported good more than there own.. .
We had this wrong definition of LOCAL and it really took a toe on us
Will I eat LOCAL rice?? For what am too rich for that
Why should I buy ABA jeans, smh it's for poor people
That's the simple definition of Nigeria problem

I would buy aba jeans if they start making quality jeans today..i would eat local rice if they learn how to process it properly. Its not about what is meant for the poor or what is meant for the rich subjectively ever consumer would go for what's good

caukerzee:
Be Careful about the kind of statements you make. God is not a killer.

My brother you lie. God also kills especially when the victim is an unrepentd tyrant like Buhari. Or when the person engaged his people to battles. Do you know hw many nation God himself personally destroy just for the sake of the isrealite. God is God, he dose whatever pleases him without anyone concert

oxon:
I would buy aba jeans if they start making quality jeans today..i would eat local rice if they learn how to process it properly. Its not about what is meant for the poor or what is meant for the rich subjectively ever consumer would go for what's good

Who are the they Can't u invest in that??

Opening a garri processing plant is not upto 7 million and u will produce 60 bags of garri a day and help reduce the price.. .. yet people won't do that and be coming online to make noise

No wait for government to come farm rice, procces and sale for u at #10.. . Smh

mrvitalis:
the funniest thing is this, Nigerians just love imported good more than there own.. .
We had this wrong definition of LOCAL and it really took a toe on us
Will I eat LOCAL rice?? For what am too rich for that
Why should I buy ABA jeans, smh it's for poor people
That's the simple definition of Nigeria problem

no body has a problem with Nigeria goods, the problem is rather with their quality... We shall buy them if the quality is good..... I won't b because I want to buy Nigeria goods, compromise on quality...

PaulkillermanAg:
no body has a problem with Nigeria goods, the problem is rather with their quality... We shall buy them if the quality is good..... I won't b because I want to buy Nigeria goods, compromise on quality...

If people didn't buy tecno when it was bad would they be were they are today

M5 is a less superior gun to AK47 BUT Americans will never use AK47 rather m5... sometimes u patronise ur own for ur own good

Now there is no more dollar let me see what u will use and buy those imported once

I fact a bag of imported rice should be 50k

Useless govt

Na wa

[size=14pt]Impeach Buhari now![/size]
He's very incompetent!

banmee:


Only a foool would think this began with Buhari. This has been gathering momentum since independence. You can't depend on one source of income for half a century and worse still, spend the proceeds like drunken sailors and not expect this to happen. Not to mention the incredibly corrupt mentality it's citizens have. If you want to know who is to blame, just stand in front of a mirror. Bad citizens, bad country. Good citizens, good country.

Bad governmental system breeds bad government.
Our irresponsible system tempts and spoils good people. Good leader can make people Good for awhile, while it last. Good system monitors fiduciary goodness for all time. Our unitary, centralised national cake system is a recipe for failure.
Time to change the system that have been failing us since inception ( 1966). Strong structural foundations sustains enduring nations for all time. Don't blame the people, blame the system that turns good people bad.

rexzqcom:


Bad governmental system breeds bad government.
Our irresponsible system tempts and spoils good people. Good leader can make people Good for awhile, while it last. Good system monitors fiduciary goodness for all time. Our unitary, centralised national cake system is a recipe for failure.
Time to change the system that have been failing us since inception ( 1966). Strong structural foundations sustains enduring nations for all time. Don't blame the people, blame the system that turns good people bad.

The system did not create the people na. The people created the system, so how can you blame the system?

Oasis111:
STINKING SMELLY NIGERIANS YOU CANT EVEN RUN YOUR OWN ECONOMY LIKE THE AIDS MONKEY SOUTH AFRICAN AND IT FUNNY HOW YOU DEPEND ON OIL AND US INDIANS TO INVEST IN YOUR MONKEY ECONOMY

What is this cow worshiper talking about?

banmee:


The system did not create the people na. The people created the system, so how can you blame the system?

We are all objects of our environment. People are all born or created good. Circumstances of societies mould us to various character states of mind.
A governmental foundation that put all its eggs in one basket is prone to disasters. A unitary system that put all its cake in centralised bowl can only benefits those with big and long spoons (politicians). While others wait in vain for crumbs that never trickles down.
Decentralisation puts the cake in more smaller bowls.
Where transparency, accountability and security guardian of the resources are more efficient. Corruptions or stealing from a smaller bowls will be less in magnitude and noticeable than from the centralised big bowl system.

rexzqcom:


We are all objects of our environment. People are all born or created good. Circumstances of societies mould us to various character states of mind.
A governmental foundation that put all its eggs in one basket is prone to disasters. A unitary system that put all its cake in centralised bowl can only benefits those with big and long spoons (politicians). While others wait in vain for crumbs that never trickles down.
Decentralisation puts the cake in more smaller bowls.
Where transparency, accountability and security guardian of the resources are more efficient. Corruptions or stealing from a smaller bowls will be less in magnitude and noticeable than from the centralised big bowl system.

Take a cue from the American revolution. These were people who lived in a colony and banded together to become a nation. They were inherently good people and because of that, they created a great country out of nothing. They also created their own system of government. When good people gather together you eventually come up with something good. Same for bad people. What Nigeria needs right now is not a new system of Government, but a reset button. The way it is at the moment, nothing will ever change. In fact it will get worse. The mindset of the average Nigerian is so jacked up that generations to come are already programmed a certain phucked up way.