₦airaland Forum

GenBloodykiIler:

" The Finance Minister has not only displayed gross incompetence on the Job, she also lacks the basic and rudimentary grasp of economic fundamentals necessary to run a critical sector of the Nigerian economy like the Finance Ministry. It is time for her to go now and pave way for a qualified and experienced person to steer the Nigerian economy away from the dark woods it has sunk presently under her stewardship"

The useless primary school home economics teacher managing the economy called kemi adeosun is a good for nothing charlatan that deserves to be stoned for destroying this economy.
useless thing not worthy to be NOI's cook.

Hehehehehehehehehehe bad month for zombies
wailers everywhere

but where's omenka my guy sef?

rhektor:
NOI? what nonsense is this one saying? May I remind you that NOI was the minister of finance when crude oil was over a hundred dollars per barrel but NOI never put in place any policy to prepare for this time of drought. Recession is a global phenomenal it wasn't only a Nigerian thing. It happens everywhere what helped those developed nations was because there were proper policies in time of plenty so in drought they won't feel it like we are doing presently. Those countries are manufacturers they are not consumers like us.
Now what did NOI do specialy during her time?


Typical IPOB wailer

kahal29:
In as much as I have my reservations about Kemi... Ngozi is not an option all. First she is not an economist.... Working in world Bank does not make you an economist. Ngozi read B.Sc economics, did M.sc and PhD in Urban and regional planning... . For goodness sake.. She is not an economist. When you talk of economist you talk of people like Soludo, Mike Obadan, Olofin, Chukwudi Anyanwu (current Research Director at ADB), Ajakiye, Michael Kwanashie, Ben Aigbokan, Joe Umoh, Badayi Sani, Akpan Ekpo, Akin Iwayemi and Iyioha. On Udoma Udoma I share Melayes views... . With all due respect he is a successful lawyer and not a development economist needed to head that ministry. If am to suggest he should be replaced with Prof Akpan Ekpo who is from the same state with him or Soludo. On the CBN governor.. .. that one is a disaster who issues press statement every week. He should be replaced with a South South thorough bred professor of economics maybe Akpan Ekpo or another suitable person. These people can complement the efforts Kemi the finance minister.

divinehand2003:
http://www.vanguardngr.com/2016/09/economic-recession-melaye-seeks-sack-udoma-adeosun-emefiele/

Kanyekels:
You really need to grow up. Why bring in Ipob into this sensitive thread. I weep for Nigeria anytime I remember youths like you are the future of this country. Does it mean you can't argue constructively?

Bolustic:
Biting had not even started, Saraki your lord and paymaster is already having hell on earth. Don't worry, the judiciary will soon resume from their break and then you'd know what's up.

Chronic wife molester.

divinehand2003:
DEEPLY worried by the poor state of the economy which has brought unprecedented hardship and hunger on the masses, a federal lawmaker, Senator Dino Melaye, APC, Kogi West, has called on President Muhammadu Buhari to take urgent and drastic measures, including the immediate sack of three prominent members of his Economic Team as the solution-precedent to reboot the ailing economy.

Nigerian Senators, Reps earn N6.78 billion annually
September 4, 2016

At a time Nigerians are groaning under the yoke of recession, Members of the National Assembly (NASS) comprising the Senators and Members of House of Representatives have received a total of N6.78 billion as their official salaries and allowances in one year, investigation by Economic Confidential has revealed.

More from: http://www.premiumtimesng.com/news/more-news/209789-nigerian-senators-reps-earn-n6-78-billion-annually.html

kahal29:
Besides the woman is not an economist. She specialized in urban and regional planning having obtained a B. SC in economics.

rhektor:
NOI? what nonsense is this one saying? May I remind you that NOI was the minister of finance when crude oil was over a hundred dollars per barrel but NOI never put in place any policy to prepare for this time of drought. Recession is a global phenomenal it wasn't only a Nigerian thing. It happens everywhere what helped those developed nations was because there were proper policies in time of plenty so in drought they won't feel it like we are doing presently. Those countries are manufacturers they are not consumers like us.
Now what did NOI do specialy during her time?


Typical IPOB wailer

cnonyechi:
Senator Melaye has spoken very well. It's let to our president to sit up. He becomes more clueless as d day goes by.

kahal29:
My brother what wrong did I do? I have made some suggestions. The problem now is not about Kemi... .. She is doing a good job in a very difficult situation. Personally I don't want her to be sacked but I want her efforts to be complemented from the CBN and Planning Angle. These two are in charge of monetary and Fiscal policies of the government thus if they are headed by thorough bred economist like Soludo and Akpan Ekpo the difference would be made. However the real cause of our problem is in the structure of our economy which is heavily dependent on oil revenue that it's prices are not doing so well now and thus creating a forex supply problem needed to meet our unbridled demand for foreign made goods.

GenBloodykiIler:

" The Finance Minister has not only displayed gross incompetence on the Job, she also lacks the basic and rudimentary grasp of economic fundamentals necessary to run a critical sector of the Nigerian economy like the Finance Ministry. It is time for her to go now and pave way for a qualified and experienced person to steer the Nigerian economy away from the dark woods it has sunk presently under her stewardship"

The useless primary school home economics teacher managing the economy called kemi adeosun is a good for nothing charlatan that deserves to be stoned for destroying this economy.
useless thing not worthy to be NOI's cook.

Hehehehehehehehehehe bad month for zombies
wailers everywhere

but where's omenka my guy sef?

divinehand2003:
http://www.vanguardngr.com/2016/09/economic-recession-melaye-seeks-sack-udoma-adeosun-emefiele/

kahal29:
Abeg help me ask them oh? NOI was a disaster during her second missionary journey.

Pidggin:
Was busy all day, but here is what you have been asking for:

IMF Executive Board Concludes 2014 Article IV Consultation with Nigeria
Press Release No. 15/91
March 4, 2015

On February 27, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Nigeria.
Nigeria has a large and diverse economy that has achieved a decade of strong growth, averaging 6.8 percent a year, and now accounts for 35 percent of Sub-Saharan Africa’s gross domestic product (GDP). Inflation has remained in single digits for two years, and the banking sector, which has a strong capital base, is expanding credit. The trade surplus has been declining since the second quarter of 2013 on lower oil exports and continued strong growth of imports, and gross international reserves have been falling. Meanwhile, the general government fiscal deficit and public debt have been kept low. However, Nigeria still lags its peers in critical infrastructure and has high rates of poverty and income inequality. While the economy is diverse, with services accounting for over 50 percent of GDP in 2013, and oil only 13 percent, the oil sector remains a critical source for revenue and foreign exchange. With limited fiscal and external buffers ($2 billion in the excess crude account and $34.25 billion in gross international reserves, respectively at the end of 2014), the sharp decline of oil prices in the second half of 2014 underscores the challenging but compelling need to address remaining development challenges.
The authorities have responded to a sharp decline in oil prices. On February 18, 2015, the Central Bank of Nigeria closed the Dutch Auction System (rDAS) window, unifying the rDAS rate with interbank foreign exchange market rate. On February 25, 2015, the Senate approved the third revision to the 2015 budget, tightening the fiscal envelope by lowering the budget benchmark oil price to $52/barrel.

Visit:http://www.imf.org/external/np/sec/pr/2015/pr1591.htm to read more.

You and your kind will not succeed in tarnishing GEJ's image.

Chukazu:
TINUBU would rather play ethnic and selfish politics by foisting his own kitchen cabinets on Buhari with the likes of Adeosun.
i know it's "winner's takes all"... that is Nigerian system, but in taking all, why not give us very best?
these guys have succeeded in destroying Nigeria's economy and it will take lot of milage to recover, but instead of working on recovery, they are busy blaming Jonathan.

Wallade:
My take in this issue:
It will be difficult to sack Emefiele because of the CBN act which protects the governor; sacking of Sanusi Lamido was an aberration under law. I see his incompetence everyday, the people who put him in office needed a yes man and that is the reason we have this problem.

I remember that someone, I think it was Oby E, that complained about the separated ministry of finance and ministry of planning. There are little or no sychrony between the policies of both ministries. Kemi Adeosun may be a good administrator but the condition of he economy required the combined team of experts, technocrats and economists to solve the problems. She can also begin to work closely with Udo Udoma on fiscal policies and economic planning so they can align their policies and plans.

I pity the both Udo and Kemi but they need to work with valuable minds to bail out the country.

The major issue is the master - PMB. I wonder if he listens to them. I get the feeling he doesn't allow them required space to operated. I get the feeling his autocratic tendencies is killing the capacity of his team.

Bolustic:
Biting had not even started, Saraki your lord and paymaster is already having hell on earth. Don't worry, the judiciary will soon resume from their break and then you'd know what's up.

Chronic wife molester.

kahal29:
Besides the woman is not an economist. She specialized in urban and regional planning having obtained a B. SC in economics.

famzynet:
Buhari is a big disappointment. He just sits at Aso rock doing nothing. The CBN governor and Minister of finance should be sacked. Can't the president do something. If he is incapable of the job,he should be impeached.

FastShipping:
So the only name you saw listed by Dino was Adeosun? Ethnic and religious bigotry are part of our problems in this country. We have a situation whereby it is obvious that the people (Adeosun, Emefiele and others) in the economic team have been grossly incompetent and the only name you can come up with is Adeosun because she is not from your tribe.

People like you are part of the problems of this country.

rhektor:
NOI? what nonsense is this one saying? May I remind you that NOI was the minister of finance when crude oil was over a hundred dollars per barrel but NOI never put in place any policy to prepare for this time of drought. Recession is a global phenomenal it wasn't only a Nigerian thing. It happens everywhere what helped those developed nations was because there were proper policies in time of plenty so in drought they won't feel it like we are doing presently. Those countries are manufacturers they are not consumers like us.
Now what did NOI do specialy during her time?


Typical IPOB wailer

Amitex:
The bulk stops on Adeosun desk. Forget others, the Minister of Finance charts the course and others follow. Who was budget minister under Obj, Yaradua, Jonathon? Do you remember them? Yet you recall who was Finance Minister. That Adeosun woman is a rookie Accountant. In saner climes she would only pass for a Finance Manager, but Amosun imposed her on Buhari to spite Tinubu. As for CBN governor, I have consistently argued that Buhari handicapped Emefiele by his arrogance on taking in advices on foreign exchange management. We are all in this shit, but some are in bigger shit because they are too sentimental or are still in denials. APC has failed woefully and should admit it and seek help.