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Nigerian Economy Slips Into Recession - BBC - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessNigerian Economy Slips Into Recession - BBC (21929 Views)

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Re: Nigerian Economy Slips Into Recession - BBC by YoungHustler: 11:24am On Aug 31, 2016
Where are the poeple behind the folowing monikers; Vedaxcool, Searchingforlove, Omenka, PassingShot, StOla, etc. Your opinions are highly needed here.
Re: Nigerian Economy Slips Into Recession - BBC by ademidedavid(f): 11:25am On Aug 31, 2016
Change is @ work

Re: Nigerian Economy Slips Into Recession - BBC by bettercreature(m): 11:25am On Aug 31, 2016
HajimeSaito:
When you have a man who scored F9 in basic Mathematics running a country expect this kind of shit to happen.
Economics involves advanced and sophisticated mathematical paradigms and theorems that poor Bubu is simply incapable of grasping.
I hail Nigerians who can see no wrong in this man.
PDP can never be this bad it's just terrible
Re: Nigerian Economy Slips Into Recession - BBC by Nobody: 11:25am On Aug 31, 2016
Sai BaBa
Re: Nigerian Economy Slips Into Recession - BBC by shakaZuIlu: 11:25am On Aug 31, 2016
grin
revolution is the answer
Re: Nigerian Economy Slips Into Recession - BBC by Nobody: 11:26am On Aug 31, 2016
ramdris:
Says who when na now I dey make money from all corners ..Sai Baba! we who are with you are far more than those against you.































































































































































Na joke I dey o before pple go use mouth finish me...#ThingsHard
Oh, didn't see this last part lol
Re: Nigerian Economy Slips Into Recession - BBC by shakaZuIlu: 11:26am On Aug 31, 2016
i feel like killing all apc bastards now especially nairaland zombies.
Re: Nigerian Economy Slips Into Recession - BBC by Nobody: 11:27am On Aug 31, 2016
Shey nah now una knw say the Nigerian economy don slip into recession? Wat where u thinking when Mr. Buhari proposed his clueless forex policy in d early hours of d year?

Though crude price had dropped since last year, Buhari had d chance 2 escape such predicament we are in now instead, he was busy chasing house rat(s) when his house is on fire.

.. OXFORD DICTIONARY: New word inclusion.

BUHARI
/bu:-a-ri:/

Noun: buhari
1. hard, hardship, difficult, harsh, tough;
e.g "The economy is now buhari for the masses"
Synonyms: onerous, strenuous, arduous
grueling, painful, hellish;
Antonyms: easy, smooth, simple.

Verb: buharify, buharicate,
buharification;
2. to make complex, worse, unbearable;
e.g "Please don't come and buharicate issues here"
"The only way to reduce applicants is to buharify the process"
Synonyms: complicate, exacerbate, degenerate;
Antonyms: simplify, ameliorate.

Adjective: buharific
3. terrible, hectic, difficult;
Synonyms: tough, back-breaking, intricate, knotty, thorny;
Antonyms: fantastic, splendid, pleasant.
e.g "How were your final exams? It was buharific!!!"
Re: Nigerian Economy Slips Into Recession - BBC by aljharem(m): 11:27am On Aug 31, 2016
Nigerian youths are the worst in the world.

You voted out a 54 years old man and elected a dead brain 79 years old man to govern you. Ain't you fools
Re: Nigerian Economy Slips Into Recession - BBC by shakaZuIlu: 11:27am On Aug 31, 2016
omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka omenka
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Re: Nigerian Economy Slips Into Recession - BBC by Livefreeordieha(m): 11:28am On Aug 31, 2016
HUMMM NOT SLIPS OOO..NA FALLS INTO DEEP CRASH
johntaiwo123:
Source http://www.bbc.com/news/business-37228741
Re: Nigerian Economy Slips Into Recession - BBC by piperson(m): 11:28am On Aug 31, 2016
who's to be blamed? buhari or fall in oil price?
Re: Nigerian Economy Slips Into Recession - BBC by amtalkin(f): 11:29am On Aug 31, 2016
No good news in this country again?
Nigeria economy can never go down as long as i'm in this country

[size=16pt]Amen[/size]
Re: Nigerian Economy Slips Into Recession - BBC by shakaZuIlu: 11:29am On Aug 31, 2016
aljharem:
Nigerian youths are the worst in the world.

You voted out a 54 years old man and elected a dead brain 79 years old man to govern you. Ain't you fools
especially these nairaland zombies
useless people
Re: Nigerian Economy Slips Into Recession - BBC by Solitin40: 11:29am On Aug 31, 2016
735i:
Both times Bubu has been at the helm of affairs... Nigeria slipped into recession...

Bubu is badluck...

#Bubumustgo
mumu you saw 70% of the revenue is from oil and you are still saying rubbish you need help from above

Is Buhari OPEC ?

When GEJ was there why can't he save ?

It is clearly obvious that you the bad luck
Re: Nigerian Economy Slips Into Recession - BBC by shakaZuIlu: 11:30am On Aug 31, 2016
we want to go back to pdp 16yrs rule cry
Re: Nigerian Economy Slips Into Recession - BBC by shakaZuIlu: 11:31am On Aug 31, 2016
[s]
Solitin40:
mumu you saw 70% of the revenue is from oil and you are still saying rubbish you need help from above

Is Buhari OPEC ?

When GEJ was there why can't he save ?

It is clearly obvious that you the bad luck
[/s]
Nonsense trash shatap there and get out
people like you deserve to be killed by stoning
Re: Nigerian Economy Slips Into Recession - BBC by akaahs(m): 11:31am On Aug 31, 2016
My brodas nd sistas which way?
Re: Nigerian Economy Slips Into Recession - BBC by Chinom(m):
How in the world do we have a recession and rising inflation at the same time?!!. Cement is now being sold at +N2000. A bag of rice is nearly N20,000. Shouldn't there be a slump in prices?.

ONLY IN NIGERIA. Given all the incentives he gets from the FGN, Dangote should reverse that Cement price hike ASAP. It's intolerable.
Re: Nigerian Economy Slips Into Recession - BBC by chinjo(m): 11:38am On Aug 31, 2016
Josmila:
Ok noted BBC, what else?
Zombie spotted. where u hide before.
Re: Nigerian Economy Slips Into Recession - BBC by eyeview: 11:40am On Aug 31, 2016
Buhari has a 'midas' touch. He has a way of taking a thriving economy and turn it into a recession
Re: Nigerian Economy Slips Into Recession - BBC by eyeview: 11:43am On Aug 31, 2016
aljharem:
Nigerian youths are the worst in the world.

You voted out a 54 years old man and elected a dead brain 79 years old man to govern you. Ain't you fools
My brother, the thing tire me. 2015 was the year I lost hope in Nigeria's younger generation.
Re: Nigerian Economy Slips Into Recession - BBC by tommynico(m): 11:44am On Aug 31, 2016
oluwasegun007:
That's not News na.......

we are even close to depression....
You'v gat no chills bro... grin
Re: Nigerian Economy Slips Into Recession - BBC by osile2012: 11:46am On Aug 31, 2016
[size=18pt]Something else is falling [/size]

Re: Nigerian Economy Slips Into Recession - BBC by NairaMaster1(m): 11:49am On Aug 31, 2016
We know already
Re: Nigerian Economy Slips Into Recession - BBC by Opeyemibayonle(m): 11:51am On Aug 31, 2016
Passing by
Re: Nigerian Economy Slips Into Recession - BBC by Nobody: 11:53am On Aug 31, 2016
I am opening a made in Nigeria shop very soon.

Promote ABA to grow the naira..

Nah so..

Re: Nigerian Economy Slips Into Recession - BBC by dablazor: 11:54am On Aug 31, 2016
Sunnycliff:
Posterity will never forgive Nigeria Youths if all we do is to wail and wail without trying to form an alliance to save this nation from the hands of political cabals and cannibalistic leaders who have long outlived their political sagacity and intellectual acumen but are now in senescence!
This is what i keep saying, all they do is rant and play the blame game, even play politics, its all getting really old.
The youths of today are nothing like those of the 70 till late 80s, not even close.
Re: Nigerian Economy Slips Into Recession - BBC by staggerman(m):
Better join MMM Now.

If you're still hoping on this government to improve your finances, you're on a long tin....
Re: Nigerian Economy Slips Into Recession - BBC by phreakabit(m): 11:56am On Aug 31, 2016
https://i.imgur.com/ljKIONR.gif

[size=18pt]CHANJI IS HERE[/size]
Re: Nigerian Economy Slips Into Recession - BBC by Nobody: 11:56am On Aug 31, 2016
PaulIdu:
Nigeria has gone into full recession just twice in our history and guess who was in power both times ? Yes you are right BUHARI
1.In 1982....oil prices crashed. When Buhari took over , it was getting bad, and it got worse. We removed Buhari and replaced with IBB...and it continued to get worse ...because we were not earning enough from oil.
By 1986...when IBB was in charge...we had to accept SAP. By 1989....we devalued the naira.
Our economy went on a downward trend until 2003...when oil started shooting up again after staying low.

Also, in the 1980's the US bought most of our oil. Today they buy 3 % because they are self sufficient in oil.

2.Buhari has not done well in the sense that he is not running a full austerity government. He did that back in 1984...and that may have kept an already bad situation from getting worse.

3.GEJ and Shagari should have saved in 1982 and 2014 respectively. But even with savings....things would have gotten worse.

4.For now...any leader of this country has to run a full blown austerity government, and get Nigeria industrialized.That is what APC needs to do, instead of waiting for oil to rise again.
Re: Nigerian Economy Slips Into Recession - BBC by Nobody: 11:58am On Aug 31, 2016
Sunnycliff:
Posterity will never forgive Nigeria Youths if all we do is to wail and wail without trying to form an alliance to save this nation from the hands of political cabals and cannibalistic leaders who have long outlived their political sagacity and intellectual acumen but are now in senescence!
How would you save it? On Nairaland?
Empty Vessels.
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