Economy: Buhari Rejects IMF And World Bank Prescriptions - Politics (2)

Economy: Buhari Rejects IMF And World Bank Prescriptions - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Economy: Buhari Rejects IMF And World Bank Prescriptions (25463 Views)

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Judolisco(m): 8:29am On Aug 19, 2016

Toor buhari if u reject their advice abeg give us ur own because I knw even understand u....is lyk dis man is punishing us because we dis not vote for him since he started contesting as president

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Boleyndynasty2(f): 8:29am On Aug 19, 2016

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by mmsen: 8:30am On Aug 19, 2016

"Home grown solutions" from the man who runs to London at every opportunity?

This is a man who has refused to engage with the Nigerian media but will talk to the foreign press at will.

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Pavore9: 8:30am On Aug 19, 2016

“The world is a dynamic place and with innovation, we can survive,” ........love this quote! cool

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Misterdhee1(m): 8:31am On Aug 19, 2016

UrennaNkoli:
This man is running this country like a ******* dictator.
Whatever advice the imf gives is for the best interest of this country

Simply Because huh

1 Like

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by seunny4lif(m): 8:32am On Aug 19, 2016

Waiting

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by onetrack(m): 8:33am On Aug 19, 2016

Interesting that most of the money the IMF has given out of the last ten years has been to developed European countries. They don't know how to manage their economies either, and the European Central Bank has been using extreme and desperate measures to keep many European countries from collapsing.

The IMF has actively participated in the destruction of Greece, which has gone from a 1st world country to a 3rd world country in just 10 years.

Do not trust the IMF. Listen to what they have to say but decisions must reflect local realities and the IMF should not have a say in whatever happens, no matter how much money they dangle before the government.

4 Likes

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by bjdon: 8:34am On Aug 19, 2016

I am not a Buhari supporter, but I am with him 100% on this.

Nobody can show me one third world country that has developed by following IMF/World Bank prescriptions. People need to understand that these organizations simply act to enslave third world nations for the good of their western financial masters. We have everything that is required for a prosperous nation(Natural resources, fertile land, educated population) all we need is a serious focused govt to put in place the right polices so that all these attributes can come together for economic growth. We do not need the IMF/World Bank

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Boeing777pilot: 8:34am On Aug 19, 2016

UrennaNkoli:
This man is running this country like a ******* dictator.
Whatever advice the imf gives is for the best interest of this country

This is not true ma.
You really have no idea how IMF cripples the economies of third world countries under the guise of helping out.

5 Likes

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by nerodenero: 8:35am On Aug 19, 2016

Zceesneh:
Taa! Shutup there! ur papa too dey lie! >

Are you a stammerer? undecided

4 Likes

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by bjdon: 8:36am On Aug 19, 2016

onetrack:
Interesting that most of the money the IMF has given out of the last ten years has been to developed European countries. They don't know how to manage their economies either, and the European Central Bank has been using extreme and desperate measures to keep many European countries from collapsing.

The IMF has actively participated in the destruction of Greece, which has gone from a 1st world country to a 3rd world country in just 10 years.

Do not trust the IMF. Listen to what they have to say but decisions must reflect local realities and the IMF should not have a say in whatever happens, no matter how much money they dangle before the government.

Very sound statement and I full agree. We have nothing to gain from the IMF

4 Likes

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by yak(m): 8:37am On Aug 19, 2016

if I were in his shoes, I will do exactly same cos I dnt trust all these IMF/WorldBank. they av a way of continually impoverishing 3rd world countries wit dere policies

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by RedCapChief(m): 8:39am On Aug 19, 2016

madridguy:
IMF again? Never again. PMB won't fall inside your trap.

He doesn't need to fall inside IMF's trap. He's already setting a trap for himself

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by buchilino(m): 8:39am On Aug 19, 2016

PERSONALLY, DIS IS ONE OF FEW THINGS I LIKE ABOUT PMB. UNLIKE OTHER HE~GOAT PRESIDENTS OF D PAST, WHO ALWAYS CRY 2 D WORLD BANK N IMF 4 HELP, PMB DOESN'T BUY D CRAP DAT COMES FROM DIS INSTITUTIONS.

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by afanide: 8:40am On Aug 19, 2016

Nice one BaBa cheesy

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Nobody: 8:41am On Aug 19, 2016

....

Toying with the fortunes of 170 million people. Before you start fighting IMF put your house in order

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Nobody: 8:42am On Aug 19, 2016

nerodenero:
Are you a stammerer?

egbon leave me alone

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by davibid: 8:43am On Aug 19, 2016

Buhari's government might be bad

But to be honest

I think I have to agree with him for once!!!

At least for the benefit of our beloved country

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by tete7000(m): 8:44am On Aug 19, 2016

Home grown solution? Fine! How I wish baba found home grown solution to his ear problem and his children education too but NO, they say one thing and do the contrary when it concerns them and their families. Foreign medical care for the president and foreign education for his children are not in tandem with home grown solution he is preaching. I see too much hypocrisy.

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by dondavinchi(m): 8:44am On Aug 19, 2016

9jii:
Anyone with foresight knows that the Economic plans this gov is working on will make NIGERIA great Again.

which igbo u smoke? Kwale or oshogbo?

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by omonla555: 8:45am On Aug 19, 2016

Stupid idiots think IMF and the developed world mean well for Africa?

Do you think Buhari is Jonathan an ineffectual Buffon that takes any shit from the west?

impatience children of Israel.

1 Like

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Booklife: 8:48am On Aug 19, 2016

IMF should leave nigeria alone.

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by ktalent(m): 8:49am On Aug 19, 2016

I think buhari is doing a good job. Because the country is just like when you see someone giving fish, you won't bother to know HOT TO do things yourself, but when the person seize to give you the fish or you decide to start killing the fish for yourself, there are lots of hardship one will face. So that's what we are experiencing now in this country. Let's say NO to the westerner and let WE NIGERIANS begin to think POSITIVE.

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Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Emempaul(m): 8:50am On Aug 19, 2016

UrennaNkoli:
This man is running this country like a ******* dictator.
Whatever advice the imf gives is for the best interest of this country

Chai! Gerraway u. Even though i dont igree with the man atall atall, he for once make sence, IMF only think of wat will benefit europe only
in other words IMF go hug transformer

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Davesope: 8:53am On Aug 19, 2016

Well the idiotic president is right imf is a selfish international organisation but who among the fools in the dullards economic team will bring a good idea to the table is it that account teacher made min of finance or the nitwit in cbn I laugh my sorry country out

1 Like

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Smooyis(m): 8:55am On Aug 19, 2016

Godfullsam:
Although i am not a fan of Buhari, but I support this move. iMF, World bank etc should leave Africa alone.

Thanks for your mature reasoning. For not allowing your dislike of the person of Mr president to becloud your sense of reasoning. This is what many of us should emulate. We should desist from hating. Let us criticize when necessary, and applaud when they do well. Left or right, all politicians are the same. We should stop doing follow - follow, while they mortgage our future. Stay blessed.

2 Likes

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by 4Play(m): 8:56am On Aug 19, 2016*

bjdon:
I am not a Buhari supporter, but I am with him 100% on this.

Nobody can show me one third world country that has developed by following IMF/World Bank prescriptions. People need to understand that these organizations simply act to enslave third world nations for the good of their western financial masters. We have everything that is required for a prosperous nation(Natural resources, fertile land, educated population) all we need is a serious focused govt to put in place the right polices so that all these attributes can come together for economic growth. We do not need the IMF/World Bank

The IMF and World Bank do not compel any nation to borrow. It is countries like Nigeria that solicit loans from these organisations. See below:

Nigeria’s government is in talks for concessionary loans worth $3.5 billion from the World Bank and African Development Bank to help finance a planned record budget this year, Finance Minister Kemi Adeosun said.

[url]http://www.bloomberg.com/news/articles/2016-01-31/nigeria-seeks-3-5-billion-of-loans-to-buoy-spending-in-oil-rout [/url]

In reality, Nigeria is already following prescriptions from the IMF. This is why subsidy was removed, electricity prices were jacked up and the Naira was allowed to fall from 197 to the dollar. The things our government say and what they do are different.

3 Likes

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by PMONEY6: 8:57am On Aug 19, 2016

UrennaNkoli:
This man is running this country like a ******* dictator.
Whatever advice the imf gives is for the best interest of this country

smh

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Saintp(m): 8:59am On Aug 19, 2016

IMF or no IMF is not my business. Translate these beautiful speeches into positive change on ground. What matters is the results not the talk.

1 Like

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by onatisi(m): 8:59am On Aug 19, 2016

99% of those making comments on this thread didn't even read the article ,they saw the topic and immediately started making comments,no wonder a person like buhari is the best you can produce as the Nigeria president . Smh

1 Like 1 Share

Re: Economy: Buhari Rejects IMF And World Bank Prescriptions by Nobody: 9:01am On Aug 19, 2016

Godfullsam:
Although i am not a fan of Buhari, but I support this move. iMF, World bank etc should leave Africa alone.

They should leave who alone. U think a country can survive on its own, even a business man can't do it alone

2 Likes

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