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Nairaland Forum / Nairaland / General / Politics / Presidency Reacts To NBS Report, Insists Economy Performing Better. (25225 Views)
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Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by musaabubakar(m): 8:14pm On Aug 31, 2016 |
I don't understand how some people reason wen they are commenting on a certain issue, as if they do not go school because of sentiment, they never believe in this government. I think something is wrong with our Head. 1 Like |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by musaabubakar(m): 8:15pm On Aug 31, 2016 |
Musa I don't understand how some people reason wen they are commenting on a certain issue, as if they do not go school because of sentiment, they never believe in this government. I think something is wrong with our Head. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by rlauncher(m): 8:15pm On Aug 31, 2016 |
Naimolawale: I agree that this government did made some errors, but the commission of those errors are not strong enough to cause what we are facing right now. Even if the government is perfect, we cannot avoid the present situation. The country have been badly position to go through the present woes already irrespective of who comes to power. If you don't know where the government is going, it is because you chose to.Those who have chosen to stand by the truth instead of the deception being peddled by textbook economists and professors are in a better position to make the best of the situation and emerge at the other end of the tunnel better than those who choose to remain ignorant and negative. 3 Likes 2 Shares |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by rlauncher(m): 8:25pm On Aug 31, 2016 |
Naimolawale: Change takes time.Be patient. Think of what you too can contribute to the economy. No nation can make progress if its citizens sits down, fold their arms and spend the whole day in negativity. If you don't take action, action will take you. 2 Likes 1 Share |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by ivandragon: 8:35pm On Aug 31, 2016 |
goldman777: you are quite perceptive... a lot of people just blame fall in oil prices (or GEJ, which ever floats their boat). but they forget 'little' policy decisions like implementing TSA in one fell swoop was what really stunned growth. you can't be facing a recession & at the same time purposely starve your economy of much needed funds. however, I do not support a total scrap, but rather a compromise which allows banks to hold on to these funds, trade with percentage of it & pay interest on monthly bases to government. this will allow the government have an overview of its income, stabilise the banking sector, allow genuine investors have access funds to run business, pump more foreign exchange into the economy & the government makes money that it can reinvest in other areas. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by pobosky20(m): 8:38pm On Aug 31, 2016 |
Wailers with blood pressure issues can recieve free med care at Sauki Specialist hospital. We have world class equipments here.
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Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by adconline(m): 8:46pm On Aug 31, 2016 |
Yes, it's performing "better" because they increased Aso Rock budget from N6.6bn in 2015 to N39bn in 2016-over 500% increase. Imagine if you got a-500% pay raise?? |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by adconline(m): 8:50pm On Aug 31, 2016 |
pobosky20:What an arrogant display of congenital idiocy!! BTW, there is nothing like " equipments".. Equipment is an uncountable noun.. Teaching moment for brigand zombies like you!! |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by toidflex(m): 10:11pm On Aug 31, 2016 |
deflover:ur generation are bastard,hopeless being like u,u are just like yesterday |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by rlauncher(m): 10:28pm On Aug 31, 2016 |
nkemjacob2: Wailer. Continue to wail while others are thinking and re-strategizing in order to better their lives and contribute to the growth of the economy. 1 Like 1 Share |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by obailala(m): 10:33pm On Aug 31, 2016 |
Geniro:If by bailing out extended ones, you refer to the FG bailout of states, then your ignorance is in another level. You probably are one of those ones who make ignorant statements about how Nigeria isn't broke because we had $29bn left in the foreign reserves; probably it has to drop to zero and we must degenerate to the Venezuelan crisis before your type agrees that we have no savings?..... Meanwhile by saying 'subordinates' one would think the money is being gifted to his friends for free, however, your type obviously doesnt care that the state workers being owed salaries are also Nigerians whose welfare is also the business of the president. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Boss13: 10:39pm On Aug 31, 2016 |
aljharem: Nigerians never knew what we had. We made a huge mistake. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by AyoolaIgwe(m): 10:44pm On Aug 31, 2016 |
BiafraIShere:it will not take long if d situation on ground is not nipped in d bud. na "one chance" be dat |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Geniro: 10:47pm On Aug 31, 2016 |
obailala: It is obvious you have chocked on defending your silly analogy. Blame this useless admin for making a very delicate situation incredibly worse. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by AyoolaIgwe(m): 10:50pm On Aug 31, 2016 |
Reyginus:funny pikin...the only difference btw recession & depression is longevity. Depression has d same indicators like recession but it lasts longer dan recession (2yrs or more) |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by obailala(m): 10:53pm On Aug 31, 2016 |
Geniro:I am not defending anything, I am simply stating a fact but your deep seated prejudice for the present government has blocked your reasoning. Else can you kindly point out what I have said up there which is false? |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Geniro: 10:58pm On Aug 31, 2016 |
obailala: You stated no fact, you were just seeking to deflect attention from the uselessness of this admin. Put them on their toes so that they can increase their tempo. They are simply sleeping on duty. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Cjrane2: 11:03pm On Aug 31, 2016 |
Please where is Liar Mohamed? 1 Like |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by nkemjacob2(m): 11:03pm On Aug 31, 2016 |
rlauncher:u re among d clues less team what a waste |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Boss13: 11:09pm On Aug 31, 2016 |
rlauncher: My friend shut up and stop this nonsense. This is not a ps4 game. If you are a breadwinner and not relying on anyone you should know that this economy is in a coma. Innoson will commence sacking its workers. Banks are on the brink. Forex is like diamond and manufacturers are closing shops. Airlines are shifting operations to Ghana; aero and Arik both have operational issues. Even churches are being affected as they have increased night vigil periods. So what are you talking about? This is the time to wail, scream, cry till our president wakes up and do his goddamn job 2 Likes |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Newmanluckyman(m): 11:19pm On Aug 31, 2016 |
The saddest part that always bleed my heart out is that despite these abysmal performances, if this same PMB contest election in 2019, majority of Nigerians will still elect him back. This is one aspect that I can't understand about Nigeria. Nigerians brain box need a total overhauling and rebooting. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Boss13: 11:23pm On Aug 31, 2016 |
Newmanluckyman: It may be rigged. The present situation is not funny at all. We have regressed backward at a very fast pace. The little economic gains made by past administrations despite the challenges and corrupt practices, have been eroded away in just months |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Godisfaithful: 11:30pm On Aug 31, 2016 |
Where is Osinbajo? Has he traveled as well? |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by pobosky20(m): 11:42pm On Aug 31, 2016 |
[quote author=adconline post=48964923] What an arrogant display of congenital idiocy!! BTW, there is nothing like " equipments".. Equipment is an uncountable noun.. Teaching moment for brigand zombies like you!! thank God u got d message straight up. English teacher. #Wailer!! |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Olaone1: 12:12am On Sep 01, 2016 |
OAM4J. GBAWE. ARESA. How far? |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Nobody: 5:43am On Sep 01, 2016 |
Emusan: AMEN. Let God Almighty please quickly intervene, we need HIM more than ever before. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Naimolawale: 6:49am On Sep 01, 2016 |
AyaSunday: Keep on hoping for God intervention, You better Start thinking, afterall God gave everyone different idea to solve problems. Am not supporting anyone of these parties, be it the past and present. We should be finding way forward not hoping for God devine. pls dont be misguided about my use Of God intervene. Just saying, its only when we start thinking, acting upon any serious action we proprose before God can intervene and am not saying God is not watching, And the idea i read through this thread is very disturbing, why will some people be thinking of 2019 when we are still in 2016,.. Ahahah,..Lets wake up and start thinking. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Whynotthetruth(m): 7:55am On Sep 01, 2016 |
obailala: 1)If I am not an economist but I know Soludo is one...and he has warned that one year is ENOUGH to blame crude price fall...after that blame leadership ineptitude... 2)I am educated enough to know how much crude price was under Obj($9) ...and how much under Buhari($50)...and it was going up and down under Jonathan...So was life this bad under Obj Was Obj always blaming the military? What was our reserve and debt burden under PDP government of Obj? 3)How come Sanusi sees this government as heading nowhere but confused? 4)Which economist has lauded this government confused and inept attitude except liars and propagandists like you? |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by Nobody: 9:24am On Sep 01, 2016 |
lol, Zuckerberg, I take it doesn't include meeting the authorities in his agenda bigtt76: |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by keyremotes(m): 10:04am On Sep 01, 2016 |
THE LAND IS SOAKED WITH INNOCENT BLOOD. HOW CAN THE ECONOMY IMPROVE? IT IS GOD THAT PROSPERS THE WORKS OF YOUR HANDS. LET THERE BE REPENTANCE. LET THERE BE A A CHANGE IN OUR WAYS. LET'S ALL HUMBLE OURSELVES BEFORE GOD AND ASK FOR FORGIVENESS AND STOP CHASING SHADOWS. |
Re: Presidency Reacts To NBS Report, Insists Economy Performing Better. by obailala(m): 11:33am On Sep 01, 2016 |
Whynotthetruth:Soludo cautioned against the continued complaints over oil price and lack of savings by the previous administration; he simply said things could be done better to remedy the already bad situation and that the government should focus on solutions and not complaints. But that does not negate the fact that the present hardship is INEVITABLE given Nigeria's over-dependence on oil for its forex and the drop in oil price. Only solution out of the current mess is diversification, and diversification takes years + money. I am yet to see the economist that would explain the abracadabra that can be done to invoke dollars from the spirit world overnight. Nigeria of 1999-2003 is not the same as Nigeria of 2016, that Nigeria survived with $9/bbl 16 years ago does not mean that it would be enough for our daily needs today; I'm sure you should also be educated enough to know that. That N500 was sufficient for my entire needs when I was in SS1, that doesn't mean N500 would be enough for my needs now that I'm a married man with kids. Firstly, under OBj, how much was the minimum wage compared to now?... how much was government's monthly recurrent expenditure?... What was the value of the dollar to Naira then?... How many people had cars and how many owned I-pass-my-neighbor generators and what was Nigeria's fuel daily demand then?... How much of fuel did we have to import then compared to the almost 100% we import today?.... In general under OBj, what was Nigeria's forex demand compared to today?... Now that every individual with an ATM card can buy things online with the click of a button, are you aware that overall forex demand is presently more than 10-20 times what it was back then?... Yet you think that things are the same enough for you to make a direct comparison? Get the simple message, the only solution to the current mess is diversification, and diversification takes years + money. |
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