Slowest government ever

HIGHESTPOPORI:
Atleast we felt the Paper Growth on d economy under GEJ, Buhari should give our economy the same Paper Growth,not Zombies coming to tell us White is black and black is white when we have our own eyes.

The paper growth that was already borrowing to pay salaries at $75 per crude barrel?

The paper growth that ensured states (28 of 36) couldn't pay salaries for more than six months until Buhari bailed them out within his first five months in office?

The paper growth that enriched Dasuki, Akpobolokemi and pauperized the masses?

The paper growth that worsened unemployment record and defrauded many unsuspecting jobless youths to part with N1,000 for NIS job scam?

Una no well at all.!

D lawmakers are engaging d executives 2 speed up actions on d programme 2 ensure dat citizens, 'WHO ARE SUFFERING' are suppose 2 benefit frm it.........so they all knw dat we are suffering? Later 1 stupid minister and he's daughter will enter plane,travelling 2 london and start saying dat....Nigerians are nt suffering.....FOOLS ...fooling themselves and Zombies......

20bn released out of 500bn is even 4% and not 5%.
When are we gonna hit needed 500bn?

We have a govt who promises without any plan of implementation.....SMH

PassingShot:

GEJ wasted our golden years. Deal with it.

I'm not ready to repeat the same lecture with you on this.

Lol.... you guys keep talking like GEJ spent 16 years presiding over the country.... You didn't answer my question, if GEJ crashed the economy.... what did PMB do?


You haven't seen dollar and you don't trade it, so I may not bother asking you what the current exchange rate is

[s]

PassingShot:

Forget the tory about the paper growth!

GEJ crashed our economy. Get your facts right, Ok?

[/s]
sounding like a broken record already it's stale already
the masses ain't buying that rubbish anymore at least they can now compare and contrast
useless party
useless president
hopeless supporters

[quote author=iamawara post=49173315]Hahaha. My country and Change ehmm.

Was the government supposed to print more money or is the widil man thinking those oil pipebumbers has stop work as directed by their commander in chief that reside in Otuoke ?

N500bn allocated to GMB's kitchen cabinet without any portfolio. No one oversees this allocation; and it's greater than funds allocated to super-ministers like Fashola and Amechi

dgr8truth:


May God give us the grace to forgive the millions of zombies that voted for this recession.

What a prayer! Because I feel like raining curses on those zombies, anytime the hardship bites me or someone close to me and then remember that some zombies with low cerebral capacity and/or bigotry were instrumental to the enthronement of the brainless and clueless man we now have in Aso rock.

dgr8truth:
Next time we'll start asking politicians the right questions especially the dull ones like sai BABA.

It's very vexing that an economy that was growing at roughly 6 percent year on year suddenly sank into recession in just over a year of PMB's presidency and some big fools will still open their gutter mouth and blame GEJ.

GEJ and Dasuki are responsible, they "ATED" the 95%.

May God give us the grace to forgive the millions of zombies that voted for this recession.

It is because Jonathan is not in prison yet that you have the nerve to post this. You guys have no sense of reason. It was not a mistake that turned Nigeria to this .
It was a practice and culture of looting, senseless lack of investments in value adding things, executive cluelessness and misery management of internal crises like BoKo Haram and Niger Delta ..

Jonathan is not just the worst President Nigeria ever had, he is also likely one if the worst in Africa for sheer lack of vision and sense of history

Adminisher:


It is because Jonathan is not in prison yet that you have the nerve to post this. You guys have no sense of reason. It was not a mistake that turned Nigeria to this .
It was a practice and culture of looting, senseless lack of investments in value adding things, executive cluelessness and misery management of internal crises like BoKo Haram and Niger Delta ..

Jonathan is not just the worst President Nigeria ever had, he is also likely one if the worst in Africa for sheer lack of vision and sense of history

What are you waiting for before you do the needful?

PassingShot:

Forget the tory about the paper growth!

GEJ crashed our economy. Get your facts right, Ok?

You call the growth paper growth! But it's that same paper growth that kept over 4million Nigerians in their jobs and Buhari's real growth did otherwise.

PassingShot your head dey your neck at all? I wonder wetin you tey dey reason!

dgr8truth:


You call the growth paper growth! But it's that same paper growth that kept over 4million Nigerians in their jobs and Buhari's real growth did otherwise.

PassingShot your head dey your neck at all? I wonder wetin you tey dey reason!

Why wasting your precious time educating a paid hack?

PassingShot:

The paper growth that was already borrowing to pay salaries at $75 per crude barrel?

The paper growth that ensured states (28 of 36) couldn't pay salaries for more than six months until Buhari bailed them out within his first five months in office?

The paper growth that enriched Dasuki, Akpobolokemi and pauperized the masses?

The paper growth that worsened unemployment record and defrauded many unsuspecting jobless youths to part with N1,000 for NIS job scam?

Una no well at all.!

On the bolded. If within five months of Buhari ascending the office of president states owed six months, then Jonathan contribution was just one month. Buhari only disbursed funds he received from Jonathan to the states. If Buhari leaves today, what will he leave for his successor? A RECESSION!!!

PassingShot:

The paper growth that was already borrowing to pay salaries in March and April of 2015 when crude was $75? What will that type of growth have done at $40 per barrel? Please tell us?

Is the price of oil presently at $40/barrel? This guy, you're such a devil just like your APC mentors. May all the lies you peddle on Nairaland and elsewhere stand against you here on earth and beyond.

abumeinben:



Today's score: $ 1 : N 425
With N at home.

Nigeria Naira league president : baba
Technical advisor : kashiku
Coach : kemi

The coach is turning herself to the new 'Diezani'. The woman who talks so much and listens to no one. She sounds like she has all the answers yet she does not seem to know what she is saying. One who is at the bottom of the league half way into the season and is still telling fans she will win the cup! Presido ought to do the needful, so she does not singlehandedly sink the boat, just as the former diezani did!

OLADD:


Is the price of oil presently at $40/barrel? This guy, you're such a devil just like your APC mentors. May all the lies you peddle on Nairaland and elsewhere stand against you here on earth and beyond.

Swearing, cursing, getting agitated and frustrated will not do it for you guys. Neither will emotional blackmail do it.

It's facts and figures that matter:

Crude even sold far less below $40 per barrel at some point.

The average price of crude per barrel since June 1st 2015 to August 31st 2016 is $43.72 per barrel https://ycharts.com/indicators/average_crude_oil_spot_price.

Add this fact to the fact that militants whom you and your likes support and urge on to vandalize oil facilities have caused a serious decline in our output, pray, tell what miracle you expect to be performed in a mono-economy like ours?

You can't sow onions and reap apple. You can't support economic saboteurs and expect a performing economy.

Amitex:

On the bolded. If within five months of Buhari ascending the office of president states owed six months, then Jonathan contribution was just one month. Buhari only disbursed funds he received from Jonathan to the states. If Buhari leaves today, what will he leave for his successor? A RECESSION!!!

Get your facts right! Jonathan himself was already borrowing before PMB came on board. The states were also owing more than five months (in some cases) before PMB. His judicious management of our resources was what enabled him to bail out those states. Why didn't GEJ do it? Of course to have more to loot as usual.

Useless govt

RedCapChief:
Dasuki ate the remaining 495 billion

What happened to that man's trial sef? Has it entered voicemail?

Lol. Dasuki arrested and locked up Buhari in 1985. Buhari arrested and locked up dasuki in 2015.

PassingShot:

The paper growth that was already borrowing to pay salaries in March and April of 2015 when crude was $75? What will that type of growth have done at $40 per barrel? Please tell us?

I used to share this sentiment but I have since ported. The report here shows the cluelessness of the FG. It is as simple as that. They have no plan for the economy, 15 months after they were sworn in.

1. Budget is passed. There is no need for the house to push for spending.
2. Emergemcy poweers are NOT needed. Government people just need to roll up their sleaves and work! They already have a lot of powers.
3. There is power to send home players (ministers and officers) that are not performing. Forget about automatic shirts in today's world. A striker that cannot score does not deserve a shirt.
4. The report shows how weak Finance Ministry has become. The minister there is posting ZERO performance. She speaks well, but does she mean well? Does she do well? A striker is no paid to dribble but to score.
5. FG is talking about 3.4 trillion seized cash and assets - What is the cash element? Forget about the assets - no one will buy property from FG today when they know they are seized from politicians. And why cant government be transparent? How much cash do they have?
6. Communications is at the lowest. They are either not talking at all or talking only about 'future plans'. They are talking to themselves.
7. President Jonathan made mistakes. Stop demonizing him, because you are already making your own mistakes.
8. While they fight 'old corruption', new corruption has already started. Its no secret, SLS spoke about it. BDC operators also told us why Naira is getting weaker. Today's looting politicians are ready to buy at any price! FG looks on cluelessly.
9. Nigerian economy is import based. You cannot make it an industrial economy overnight. If you technically ban all imports, as you are doing now with the exchange rate policies, you will throw tens of millions of Nigerians into the labour market. Half of those may become militants. How would they handle that? Dont they have enough problems on hand?
10. The middle income class you should protect is thinning out. Go to the airports, you'll see how many are emmigrating for good!

FG needs help from economic experts, like a patient that needs urgent surgery. If you dont trust the local ones why dont they go abroad and seek for help? The current head of the Bank of England is an American! They sought him out to help. Pride can kill. We need help, so go and get it.

Dont set your own house on fire out of pride and arrogance. Election was over close to 2 years now. Dont be deceived, if there is an election today, the current government will lose out monumentally!

PassingShot:

Get your facts right! Jonathan himself was already borrowing before PMB came on board. The states were also owing more than five months (in some cases) before PMB. His judicious management of our resources was what enabled him to bail out those states. Why didn't GEJ do it? Of course to have more to loot as usual.

Are u Lai Mohammed bro blameeee blameeeeee blameeeeeeeeeeee!

Dee60:



The coach is turning herself to the new 'Diezani'. The woman who talks so much and listens to no one. She sounds like she has all the answers yet she does not seem to know what she is saying. One who is at the bottom of the league half way into the season and is still telling fans she will win the cup! Presido ought to do the needful, so she does not singlehandedly sink the boat, just as the former diezani did!

Lol...

Who would do bro....she's not been making the news at all

PassingShot:

Swearing, cursing, getting agitated and frustrated will not do it for you guys. Neither will emotional blackmail do it.

It's facts and figures that matter:

Crude even sold far less below $40 per barrel at some point.

The average price of crude per barrel since June 1st 2015 to August 31st 2016 is $43.72 per barrel https://ycharts.com/indicators/average_crude_oil_spot_price.

Add this fact to the fact that militants whom you and your likes support and urge on to vandalize oil facilities have caused a serious decline in our output, pray, tell what miracle you expect to be performed in a mono-economy like ours?

You can't sow onions and reap apple. You can't support economic saboteurs and expect a performing economy.

My brother, I agree with you and your approach. But the truth must be told that the FG is not handling this well enough. The country is not new to low oil prices. There are companies now whose income has halfed. Have they closed shop? Excuse is an evidence of failure. The current tenure was not prepared that is why it took them 6 months to select a very weak team. Right now, they do not seem to have any plans for the economy. Their body language, arrogance and their lopsided approach is driving away investments, and the economy is shrinking fast. Even APC stalwarts have started saying this to the FG.

It is not just about oil prices but about how you manage it. I actually feel that if oil is still selling above USD100 per barrel Nigeria will still be in recession now! If you have all the money in the bank and you dont have plans you could end up losing value!

PassingShot:
Get your facts right! Jonathan himself was already borrowing before PMB came on board. The states were also owing more than five months (in some cases) before PMB. His judicious management of our resources was what enabled him to bail out those states. Why didn't GEJ do it? Of course to have more to loot as usual.

Abeg make una come see as PassingShit take rope tie himself all over in the name of defending a serial FAILURE.
I thought your DullardPoo is fighting corruption?
Why not investigate and arrest all the state governors owing salaries and having massive DEBTS, after they shared the Excess Crude Account (ECA), instead of giving them bailout?
Okay, I get it.
It was a smart way to REFUND the looting of their treasury that bankrolled his successful packaging last year, not so?
Talk true oh, make devil shame. Except you are Alhjai LIE Mohammed's alter-ego on nairaland. Could that be the case
BTW, how did your "only saviour" get money for the bailout from an "EMPTY" treasury that he blamed Jonathan for on arrival in May 2015?
The bailout was given to the states just one month after his inauguration as president in May and without the approval of the legislative chambers in true lawless, DICTATOR style.
Your propaganda just fell flat on its face.
Sorry oh.


www.nairaland.com/attachments/2578022_iweala_jpeg0858fd35c7757170d8155dae6623e1c2

ruggedtimi:
Jul 24, 2015

Kwara State governor, Alhaji Abdulfatah Ahmed, yesterday explained that the bail out given to the 36 states of the federation by the federal government was not meant to pay outstanding salaries and allowances to workers and pensioners across the country as widely believed. But was meant to restructure the debts of states in various banks and financial institutions in order to assist them have a lease of life to run their day-to-day administrations.

President Buhari had recently structured a bailout programme for states as he said he was moved by the reported pains and agonies of workers across the country. Striking council workers in the state had therefore appealed to traditional rulers and other stakeholders to help appeal to the state government to use the bailout from the federal government to offset their outstanding salaries and allowances.
However, in his monthly personality programme, tagged “Governor Explains”, held in Ilorin yesterday, Ahmed said: “The bailout has to do with restructuring of existing loans because states had not been able to pay salary of workers because of two things. First is that there is drop in federal allocation and second is that, states have incurred debts that had made their cash flow to be under pressure.”

Angel1977:
Jul 12, 2015
Was the bailout to the states approved by the Senate or there was no need for approval from the Senate? Was there no need for a substantive Finance Minister to be appointed before such a decision would be made? Just wondering. . . .

www.nairaland.com/attachments/3386584_img20160209151617_jpeged2361e0101fcbb510a35c3f0f40701e

PassingShot:

Swearing, cursing, getting agitated and frustrated will not do it for you guys. Neither will emotional blackmail do it.

It's facts and figures that matter:

Crude even sold far less below $40 per barrel at some point.

The average price of crude per barrel since June 1st 2015 to August 31st 2016 is $43.72 per barrel https://ycharts.com/indicators/average_crude_oil_spot_price.

Add this fact to the fact that militants whom you and your likes support and urge on to vandalize oil facilities have caused a serious decline in our output, pray, tell what miracle you expect to be performed in a mono-economy like ours?

You can't sow onions and reap apple. You can't support economic saboteurs and expect a performing economy.

Did you just say frustration? **** How can I be frustrated with your mentor president now receiving bashings from even members of his own party. Dino Melaye who was one of Buhari's chief campaigners ostensibly alluded to the President's incompetence and you're here spewing thrash on dwindling price of oil. Was crude sold at 40/barrel in the last 6 months? Was there no pipeline vandalism all through Jonathan's tenure?

And now let me ask you these salients questions;

Was the drop in price of oil responsible for Buhari's inability to constitute a cabinet cum economic team for the first 6 months of his direction-less govt?

Was the oil price responsible for wobbling and fumbling over subsidy removal and devaluation of naira thereby dragging the economy to its lowest ebb?

Is the oil price linked to Buhari's haphazard forex policy that makes the rich becoming richer and the poor being made poorer as revealed by Sanusi?

Why have you chosen to sell your body, soul and spirit to the devil by spreading falsehood on Nairaland and taking after Lai Mohammed to deceive fellow Nigerians? I repeat, may heaven judge you for your mischiefs.

OLADD:


Did you just say frustration? You're terribly stup1d. How can I be frustrated with your mentor president now receiving bashings from even members of his own party. Dino Melaye who was one of Buhari's chief campaigners ostensibly alluded to the President's incompetence and you're here spewing thrash on dwindling price of oil. Was crude sold at 40/barrel in the last 6 months? Was there no pipeline vandalism all through Jonathan's tenure?

And now let me ask you this salients questions.

Was drop in price of oil responsible for Buhari's inability to constitute a cabinet cum economic team for the first 6 months of his direction-less govt?

Was the oil price responsible for wobbling and fumbling over subsidy removal and devaluation of naira thereby dragging the economy to its lowest ebb?

Is the oil price linked to Buhari's haphazard forex policy that makes the rich becoming richer and the poor being made poorer as revealed by Sanusi?

Why have you chosen to sell your body, soul and spirit to the devil by spreading falsehood on Nairaland and taking after Lai Mohammed to deceive fellow Nigerians? I repeat, may heaven judge you for your mischiefs.

It's true you're really frustrated.
Seun, Lalasticlala Mynd44, the emboldened violates rule 2