plaetton:


Innuendos innuendos innuendos.

And all this just the defend and justify the Impending blow up of the Nigerian economy by these bungling clowns?

Let me ask you my friend.
Who is has been in charge of the Nigerian economy for 1 year now? Jonathan or Buhari?

Which slowpoke removed N3trillion from an already shaky economy, and then still celebrates it as an achievement? Jonathan or Buhari?

Who is promoting the CORRUPTION of our system by subverting the Sacred precincts of the RULE OF LAW? Jonathan or Buhari ?

Who has been the belligerent buffoon who thinks sentiment is what is needed to determine the exchange rate of the Naira ? Jonathan or Buhari?

Who is the change Messiah , who , while crying that Nigeria is broke, astronomically increases the trappings of his own office and the cost of governance ? Jonathan or Buhari?

Who is the economic illiterate that insists on borrowing N3 trillion to fund a budget that is paddled to the tune of N500b to N1 trillion? Jonathan or Buhari ?

Who is the economic voodoo man that wants to use N500b of borrowed money to dash out to 1m supposedly poor Nigerians? Jonathan or Buhari?

What will happen to the other tens of millions of poor Nigerians ?

We know that low oil prices precipitated economic challenges for a lot of Nations. But the clearly comedic and tragic bunglings of this administration is too damn scary.

plaetton:
Sir Reyginus, How far?

fiizznation:
. So if you know the fall in oil price precipitated our economy woes, then why are you hallucinating all over the place? You just chunk out your lies{not backed up with any proof} from wherever God's knows and you want everybody to swallow them. Learn to debate with facts and not with what your mind tells you.

I asked you some pertinent questions in my previous post here and I can see how you have illogically avoided the questions. I'm sorry to say this; but my friend you are not intelligent neither are you smart. You know absolutely zinc. You are just like the average buhari hater who uses sentiment, bigotry and hate as his basis for intellectual argument. From your first Post on this thread to this one that I just quoted, I didn't see where you backed up your arguments with clear proofs.

If you don't have anything to say aside from disproving other peoples opinions that are backed up with clear evidences, please you better shut up and stop fooling around here.

Premium times quoted NOI in her own words and you are here busy saying she never said that. Then I ask you again, provide your own proof that NOI didn't say that and save us from all the unnecessary drama. And as for the questions I asked you on my previous post; I know you can't answer any one because the truth won't even let you do that.

Reyginus:
I'm good. You are doing a really tough job here.

Reyginus:
I'm good. You are doing a really tough job here.

plaetton:


Lol.
Charity starts at home.
If Buhari can't persuade his APC comrades to CHANGE, then for whom is CHANGE?

How much has he recovered from Amaechi, for good example?

I actually encourage the hanging of economic saboteurs and looters.
It is the hypocrisy that betrays this administration's efforts as fake and ill-motivated.

plaetton:


NOI joined OBJ Administration in July 2003.

Nigerian's DEBT repayment and DEBT relief was finalized in April 2006, almost 3 years after joining OBJ.
She spearheaded the successful economic reforms of the OBJ Administration.

There you have it sir.

koboko69:


Good job for you and him that are of the same calibre

On b/w am sure igbiboi is enjoying his ban now

plaetton:


Lol.
Somebody has to do the tough, dirty job.
My own tiny quota to national development.

koboko69:


That guy have deliberately stop responding to me. He thinks he can be smart by playing with words and shifting from the main point to other things.

koboko69:


Your point is?

fiizznation:
. So if you know the fall in oil price precipitated our economy woes, then why are you hallucinating all over the place? You just chunk out your lies{not backed up with any proof} from wherever God's knows and you want everybody to swallow them. Learn to debate with facts and not with what your mind tells you.

I asked you some pertinent questions in my previous post here and I can see how you have illogically avoided the questions. I'm sorry to say this; but my friend you are not intelligent neither are you smart. You know absolutely zinc. You are just like the average buhari hater who uses sentiment, bigotry and hate as his basis for intellectual argument. From your first Post on this thread to this one that I just quoted, I didn't see where you backed up your arguments with clear proofs.

If you don't have anything to say aside from disproving other peoples opinions that are backed up with clear evidences, please you better shut up and stop fooling around here.

Premium times quoted NOI in her own words and you are here busy saying she never said that. Then I ask you again, provide your own proof that NOI didn't say that and save us from all the unnecessary drama. And as for the questions I asked you on my previous post; I know you can't answer any one because the truth won't even let you do that.

Reyginus:
Keep it up. It's necessary. Not for the sake of your opponents but for the sake of unformed minds reading this.

plaetton:


Thanks for the encouragement.

FOLYKAZE:
I have argued on many occasions with my boss who is a fanatical PDP fan and Hausa hating tribal bigot that situation at the moment is not Buhari's fault but stem from absolute mismanagement and massive looting from past government which causing massive hit on our economic system. The wastage and spending spree by GEJ and his croonies make things worse. He is a visionless, clueless and hardened crook. He cared not about saving during the raining days. A small ant is wiser than he is.

But, do I need to continue arguing with a blind person? Make them con sack me wey another oppourtunity no dey?

I often put Government economics with that of private individual on parallel lines. A man who earned 147,000 as a monthly salary will have to take harsh decision when his salary falls to 27,000. Therefore, in order to save face and escape the hard condition, he has to save for the doom days. The standard of living when earning is 147k will be incomparable when earning falls to 27k. So one needs to preprae by saving for the doomdays.
my mind thus... you said it all

Now on the Government part, Yaradua saved us from experiencing harsh condition in 2008-2009 by saving whooping 67b dollars. He took advantage of the oil boom and saved for the oil fall. His efforts sustained the nation for months running to a year period. This is a man with vision.

Jonathan came in with his voodoo economic team lead by World Bank puppet NOI. They had chances of saving when price of fuel rises to it peak but wasted their oppoutunity. They stole, wasted and shared among themselves our resources and reserve. When oil was selling below $60/barrel, Nigeria was borrowing to pay salaries. This is to show the damages caused on our reserve. We are exposed to harsh hit.

Buhari is a good manager. Even when Oil fell below $30/barrel, he didnt borrow to pay salaries like the fedora hatman did. The damages done to the economy is beyond imagination but he is doing more than enough taking his time and energy to keep us in balance. Nigeria would have been swept away if GEJ had won. I believe in Buhari with time will put Nigeria back on tracks

OlujobaSamuel:

so you mean she reformed our badly shaped economy in just 3years? remember she was redeployed to another ministry, meaning she used less than 3years as the finance minister.

Babacele:
I challenge u wey know to expose Amarchi with verifiable evidence, not Wike's nonsense cock n bull that he is afraid of approach ing law courts with, n let us see. Why is Wike n una afraid of taking Amaechi law courts that legitimatized una guber rape in 2015? The arms deal alone don expose una n we deal wt una. if u can't mention the , names I go help u e.g Jafaru ,an APC, who was part of folks 1st arrested n we have collected our money n dumped him into d disturb of history.
As long as una no fit expose anything apart from d lies from una stewpid imagination that cost una, go dey disgrace una, 2015! shameless people.

wordychap:

The same premium times u referenced that published the assertion of this govt inherited debt profile as written by Buhari's transition -committee -chairman joda also disserted same claims with another publication as written by a non-profit organisation.
Facts on the economy shouldn't b taken just by a publication by a newspaper/tabloid, get it from more authenticated sources

plaetton:


Lol.
What a joker.

How dare you quote Premium Times to me as your source for economic facts.

Premium Times is a tabloid, not a source for real economic facts.

I suggest you get an education to help you know the difference between external DEBT and Total debt stock that includes Domestic DEBT.

Stop embarrassing yourself with your half-baked knowledge.

Gosh!
Talk about dishonesty and buffoonery.

musachara:

but he made a point and backed his claims with facts, so where are your facts and ref's. there's no point resolving in insults, lets argue constructively abeg! i was seriously enjoying the argument until this...

koboko69:


If you are not blind, you will see the article repeated the same assertion of Okonjo, so what exactly is your point? Are you toe-in the same was as plaetton?

seunmsg:


OBJ'S first budget was N800 billion, now, we are talking of financing a N6trillion budget. The minimum wage as at the time OBJ took over was less than N4000 before he increased it to N7500. Today, it's N18000 and labour are already calling for increase. So bro, times are very different. Nobody, not even OBJ can do any miracle with Nigeria's economy if crude oil prices remain as low as we've seen since last year.

wordychap:


Here's Okonjo Iweala's assertion

Minister of Finance, Dr. Ngozi Okonjo-Iweala has refuted claims by VP-elect Yemi Osinbajo that the outgoing administration owes $60billion in local and foreign debts.

Speaking with finance correspondents, Okonjo-Iweala said that the nation’s current debt stock stands at $63.7 billion and it encompasses domestic and multilateral loans by all the federal and state governments since 1960. She said various states of the federation accounted for 20% of the nation’s total debt stock.


Of the $63.7 billion debt, the minister said $9.7 billion or 15% is external while $54 billion or 85 per cent represents domestic debt. She said between 2007 and 2011, a debt of $17.3 billion debt was recorded while between 2012 and 2015, the debt stood at $18.1 billion.
Source:
http://latestupdate.com.ng/fg-didnt-incur-60bn-debt-okonjo-iweala-refutes-osinbajos-claims/

wordychap:


Here's Okonjo Iweala's assertion

Minister of Finance, Dr. Ngozi Okonjo-Iweala has refuted claims by VP-elect Yemi Osinbajo that the outgoing administration owes $60billion in local and foreign debts.

Speaking with finance correspondents, Okonjo-Iweala said that the nation’s current debt stock stands at $63.7 billion and it encompasses domestic and multilateral loans by all the federal and state governments since 1960. She said various states of the federation accounted for 20% of the nation’s total debt stock.


Of the $63.7 billion debt, the minister said $9.7 billion or 15% is external while $54 billion or 85 per cent represents domestic debt. She said between 2007 and 2011, a debt of $17.3 billion debt was recorded while between 2012 and 2015, the debt stood at $18.1 billion.
Source:
http://latestupdate.com.ng/fg-didnt-incur-60bn-debt-okonjo-iweala-refutes-osinbajos-claims/

plaetton:


Thank you.

koboko69:


Lol. This one is bringing another link . Latestupdate link. Lol. Ok na

plaetton:


Ignorance is not a crime.
Normally you, the OP and I would have no grounds for this exercise, if not for the people who come here to advertise their ignorance.

The main problem I encounter here in Nairaland is that people have very very low comprehension skills, a deficit you have once again displayed.

Pls go back and read the OP's posts, read my responses to each one, and then tell me where NOI contradicted anything that I have posted on this thread.

I am saddened that after many pages , you still fail to comprehend what the bone of contention is here.

How come it is always you Buhari supporters that are quick to make ethnic and tribal references when debating simple facts relating to economic management?

OK.
Let me give the OP the benefit of the doubt that he got a bit confused, and got mixed up on the figures of External DEBT and the figures of Total DEBT stock.
If this is true , then all he has to do is to admit it, then case closed.

His continued blabbering, despite being proved wrong, is what I find shocking, and also betrays ill motive on his part.

There is nothing wrong with being an admirer or supporter of Buhari, but gosh, it shouldn't be a public religion, with all the irrationalities that come with it.

koboko69:


Lol. This one is bringing another link . Latestupdate link. Lol. Ok na

plaetton:


What problems do you have with simple simple arithmetic, simple FACTS?

I forgive you if you were sincerely not aware of these facts.
But now that you are aware, deliver yourself from the ensuing bout of cognitive dissonance.

wordychap:

Google is there for u, maybe u prefer it from here. http://www.channelstv.com/2015/05/23/okonjo-iweala-denies-63b-debt-backlog-by-outgoing-administration/

Ariani:
Obama inherited an American economy in bad shape.

We didn't see him condemn Bush or use Bush as an alibi for his own incompetence, he tackled the problems he inherited from Bush administration head on, and today USA is in much better shape all round.

If Nigeria where great, would there have been a need for a messiah Buhari to ride on people's ignorance and tribal bigotry to the presidential seat?
Why is Buhari complaining about the same problems that made people to vote him to start with?
If those problems weren't there, would there have been a need for a messiah which Buhari represents in the eyes of his deluded fans?

A failure will always look to assign the reason for his continuous failure to everything and everyone else, but himself.