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Buhari’s Economic Reforms Are Bold – Obama - Politics (2) - Nairaland

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Re: Buhari’s Economic Reforms Are Bold – Obama by nototribalist: 9:50am On Sep 21, 2016
sarrki:


He defeated ojukwu

Locked up that criminal of Ipob

just like how they killed awolowo and abiola like rat, with rat poison

6 Likes 1 Share

Re: Buhari’s Economic Reforms Are Bold – Obama by dunlie: 9:51am On Sep 21, 2016
who America don help Only fools believes they care or their words.....spits!!!
Re: Buhari’s Economic Reforms Are Bold – Obama by NgeneUkwenu(f): 10:13am On Sep 21, 2016
lalasticlala
Re: Buhari’s Economic Reforms Are Bold – Obama by GlorifiedTunde(m): 10:20am On Sep 21, 2016
NgeneUkwenu:
Okonjo Iweala, a woman that had seen it all could come out to say at an American conference that the SEED OF THIS RECESSION WAS PLANTED DURING THE JONATHAN REGIME DUE TO OUR LACK OF FINANCIAL DISCIPLINE, INABILITY AND LACK OF POLITICAL WILL TO SAVE.

Obasanjo's administration earned # 17trn [/b]from crude oil sales within eight years and left behind 45bn dollars external reserves and 3.348bn dollars external debt.

Yaradua grew the reserves to [b]64bn dollars
within just one year and the administration was able to finance 15 months of imports despite the 2008/2009 world economic meltdown. Hence, Nigeria survived the melt down because of the political will by the administration to save(a great achievement by Yaradua which most Nigerians are not aware of). Despite the tough economic reality at that time, Yaradua left 47.7bn dollars in reserves and an external debt of 3.94bn dollars. Meanwhile, the administration earned only # 9trn from crude oil sales within that short period.

Now, Jonathan administration witnessed an oil boom when Brent crude sold for over 100 dollars/barrel, with the regime earning # 51trn within a period of 5years. But because of corruption, the administration did not only squander the oil revenue but even depleted the reserves left by Yaradua, leaving just 32bn dollars and a huge external debt of 63bn dollars for Buhari. The same Brent crude sold for as low as 35 dollars/barrel at a point shortly after Buhari took over power and had only managed to climb to about 48 dollars just recently.

These are facts that can be verified. So, it's amazing hearing people criticize Buhari for the hunger in the land.

According to Fashola, Buhari's administration inherited 206 uncompleted road projects and contract arrears worth #2.1trn from Jonathan; and for about 2 to 3 years the contractors where not paid. This slowed down the economic activities, with most of the companies laying off their staff. This was when the seed of recession was sowed.

It's obvious that Buhari came in to rescue Nigeria, because if Jonathan had continued in power, the nation's economic crisis would have been worse, perhaps even the Federal government wouldn't have been able to pay salaries of civil servants by now.

According to Okonjo Iweala, Nigeria started borrowing money to pay salaries since October, 2014; but today Nigeria now borrow money for investment in capital projects.

Those who blame Buhari for the current hardship do so either out of mischief (hatred) or ignorance. So, we shouldn't join the bandwagon in criticising him. He may not have done much to save the situation, considering that he is not a perfect human being but he means well for the country and can only succeed with our prayers.

[size=15pt]May Almighty God continue to guide Baba Buhari.
[/size]

I just fall in love with you all the time.

You really think these "other" guys are here to know the truth?

Honestly I used to think it was because Nairaland had a lot of kids signed up, but I have also spoken to many one on one and I see its all the same mentality.

They have been so blindfolded by the thickness of their hatred and psychopathic situation that I have gotten tired explaining to.

The point is, they are not ready to see any of your intelligent and researched reasons on why the economy is in this state and will soon get better.

12 Likes 2 Shares

Re: Buhari’s Economic Reforms Are Bold – Obama by Abeymills(m): 10:21am On Sep 21, 2016
Bold in destroying nigerian economy zombies
Re: Buhari’s Economic Reforms Are Bold – Obama by Godemcee(m): 10:27am On Sep 21, 2016
obama is just saying this just to massage the chief dullard ego,almost all western media have criticized bubu economic policy so zombies can keep deluding themselves.
zombies should remember that 2019 election is north VS north nd buhari is losing support real quick so they can do the calculation themselves

pls nd Pls I don't need zombies to quote me cause they are so lame there words won't me even if they use wheelchair
Re: Buhari’s Economic Reforms Are Bold – Obama by GlorifiedTunde(m): 10:31am On Sep 21, 2016
NgeneUkwenu:
lalasticlala

Nne, I sent you a PM.
Re: Buhari’s Economic Reforms Are Bold – Obama by Nobody: 11:11am On Sep 21, 2016
I agree with Obama.

It takes boldness to enact policies that saw investors running away from Nigeria.

It takes boldness to drive up inflation, oversee job cuts and sit over numerous businesses and still claim you are doing well.

As for Obama, what else do they want?
if not an economy that will never rise to compete with them.

Why won't they praise Buhari if he is getting the job of running the economy so easy for them?

Africans are so dumb..

1 Like

Re: Buhari’s Economic Reforms Are Bold – Obama by Yomboy4ever(m): 11:14am On Sep 21, 2016
CSTR2:
Why not jusxatpose it to the entire Igbo nation since that is what you were meaning to say.
Buhari was rejected by the entire Igbo nation and will not get up to 1% in 2019.


I don't think he need that anyway, una vote no valid during d last election...

1 Like

Re: Buhari’s Economic Reforms Are Bold – Obama by NgeneUkwenu(f): 11:27am On Sep 21, 2016
GlorifiedTunde:


Nne, I sent you a PM.

Ok.
Re: Buhari’s Economic Reforms Are Bold – Obama by NgeneUkwenu(f): 11:46am On Sep 21, 2016
Seun lalasticlala and Mynd44 what is happening?
Re: Buhari’s Economic Reforms Are Bold – Obama by DonXavi(m): 11:46am On Sep 21, 2016
Obama should not mince word here.
Buhari first and second coming have been the worst time in Nigeria's history.
Re: Buhari’s Economic Reforms Are Bold – Obama by Jesusloveyou: 12:32pm On Sep 21, 2016
luvinhubby:
Desperate efforts to shore up Buhari's sagging popularity.
which popularity, is he contesting popularity with anybody? if u ipods have clouded ur brain with hatred, that wil not stop obama not to commend what is duly pleasant. within one year, pmb has done more than any president in nigeria.

4 Likes 1 Share

Re: Buhari’s Economic Reforms Are Bold – Obama by AntiWailer: 12:44pm On Sep 21, 2016
NgeneUkwenu:


Buhari's Popularity Is only sagging among the IPOB Yoots Who didnt even Vote him..


FACT !!!

1 Like 1 Share

Re: Buhari’s Economic Reforms Are Bold – Obama by Nobody: 12:45pm On Sep 21, 2016
luvinhubby:
Desperate efforts to shore up Buhari's sagging popularity.
wink

1 Like

Re: Buhari’s Economic Reforms Are Bold – Obama by Nobody: 12:47pm On Sep 21, 2016
DonXavi:
Obama should not mince word here.
Buhari first and second coming have been the worst time in Nigeria's history.
wink

Re: Buhari’s Economic Reforms Are Bold – Obama by michoim(m): 12:47pm On Sep 21, 2016
This is simply great. We are definitely going places.
Re: Buhari’s Economic Reforms Are Bold – Obama by rozayx5(m): 12:48pm On Sep 21, 2016
dammm



see zmbies grin grin grin grin
Re: Buhari’s Economic Reforms Are Bold – Obama by Nobody: 12:50pm On Sep 21, 2016
Godemcee:
obama is just saying this just to massage the chief dullard ego,almost all western media have criticized bubu economic policy so zombies can keep deluding themselves.
zombies should remember that 2019 election is north VS north nd buhari is losing support real quick so they can do the calculation themselves

pls nd Pls I don't need zombies to quote me cause they are so lame there words won't me even if they use wheelchair
......

1 Like

Re: Buhari’s Economic Reforms Are Bold – Obama by StephanieLuv(f): 12:51pm On Sep 21, 2016
sarrki:
We all know

Only ugandas dispute it

Ngene you will soon see them now on this thread

They will quote Noi

Thank you Pmb

God bless Nigeria

He said: “We discussed broader issues on development and the President is taking some very bold economic reforms in allowing for a flexible exchange rate.
“We are focusing on agriculture and we pledged to offer all the assistance that we can in that area and as the president is trying to stamp out corruption and to recover external funds that may have been illegally obtained and are sitting in bank accounts around the world.


$1 = 430 Naira why won't he commend him, who is gaining. Have your parents tried to pay your school fees here in USA from Nigeria that's when you will understand what am saying.

5 Likes 2 Shares

Re: Buhari’s Economic Reforms Are Bold – Obama by Igbodigr8: 12:53pm On Sep 21, 2016
Obama should keep quiet, Obama doesn't know anything about Nigeria, has never been to Nigeria . Why must he make a comment about the zoo he hasn't been to? Nonsense
Re: Buhari’s Economic Reforms Are Bold – Obama by Nobody: 12:53pm On Sep 21, 2016
nototribalist:
Buhari is so useless, meanwhile when pikin wan kill him papa, E dey hail am first, papa you too much.
... wink

1 Like

Re: Buhari’s Economic Reforms Are Bold – Obama by Nobody: 12:54pm On Sep 21, 2016
Shut up this fake American. You are happy now because you have seen a puppet who you can control easily to carry out your evil plans like gay marriage and others..

1 Like

Re: Buhari’s Economic Reforms Are Bold – Obama by LoveJesus87(m): 12:54pm On Sep 21, 2016
NgeneUkwenu:
Okonjo Iweala, a woman that had seen it all could come out to say at an American conference that the SEED OF THIS RECESSION WAS PLANTED DURING THE JONATHAN REGIME DUE TO OUR LACK OF FINANCIAL DISCIPLINE, INABILITY AND LACK OF POLITICAL WILL TO SAVE.

Obasanjo's administration earned # 17trn [/b]from crude oil sales within eight years and left behind 45bn dollars external reserves and 3.348bn dollars external debt.

Yaradua grew the reserves to [b]64bn dollars
within just one year and the administration was able to finance 15 months of imports despite the 2008/2009 world economic meltdown. Hence, Nigeria survived the melt down because of the political will by the administration to save(a great achievement by Yaradua which most Nigerians are not aware of). Despite the tough economic reality at that time, Yaradua left 47.7bn dollars in reserves and an external debt of 3.94bn dollars. Meanwhile, the administration earned only # 9trn from crude oil sales within that short period.

Now, Jonathan administration witnessed an oil boom when Brent crude sold for over 100 dollars/barrel, with the regime earning # 51trn within a period of 5years. But because of corruption, the administration did not only squander the oil revenue but even depleted the reserves left by Yaradua, leaving just 32bn dollars and a huge external debt of 63bn dollars for Buhari. The same Brent crude sold for as low as 35 dollars/barrel at a point shortly after Buhari took over power and had only managed to climb to about 48 dollars just recently.

These are facts that can be verified. So, it's amazing hearing people criticize Buhari for the hunger in the land.

According to Fashola, Buhari's administration inherited 206 uncompleted road projects and contract arrears worth #2.1trn from Jonathan; and for about 2 to 3 years the contractors where not paid. This slowed down the economic activities, with most of the companies laying off their staff. This was when the seed of recession was sowed.

It's obvious that Buhari came in to rescue Nigeria, because if Jonathan had continued in power, the nation's economic crisis would have been worse, perhaps even the Federal government wouldn't have been able to pay salaries of civil servants by now.

According to Okonjo Iweala, Nigeria started borrowing money to pay salaries since October, 2014; but today Nigeria now borrow money for investment in capital projects.

Those who blame Buhari for the current hardship do so either out of mischief (hatred) or ignorance. So, we shouldn't join the bandwagon in criticising him. [b]He may not have done much to save the situation, considering that he is not a perfect human being but he means well for the country and can only succeed with our prayers[/b].

[size=15pt]May Almighty God continue to guide Baba Buhari.
[/size]
while am not a buhari fan, thank you for dis piece of insightful revelations. I would verify it.

7 Likes

Re: Buhari’s Economic Reforms Are Bold – Obama by back2sender: 12:55pm On Sep 21, 2016
CSTR2:
Who cares? na you sabi.
I ain't gonna suffer recession with you.
I have ALWAYS said it, my in laws from indo-fuckin-nesia republic of Biafra always dey disgrace person.
Recession was caused by the raping of our commonwealth by GEJ and friends.

3 Likes

Re: Buhari’s Economic Reforms Are Bold – Obama by badman007(m): 12:58pm On Sep 21, 2016
Yorubamafia:
Obama doesn't know the reality on ground. People are dying of hunger while thousands are loosing their jobs. Buhari should get ready to relocate to daura in 2019 unless he fails to leave power peacefully like GEJ. This suffering is too much

It is well... think about the future of your children

1 Like

Re: Buhari’s Economic Reforms Are Bold – Obama by Nobody: 12:59pm On Sep 21, 2016
CSTR2:
Was that how obama governed during america's period of recession cheesy? Because he definitely wouldn't have won re-election following buhari's template.
I am sure obama must have said that as a tongue in cheek after-all he is already leaving the white house. No need for controversial comments.
......

1 Like

Re: Buhari’s Economic Reforms Are Bold – Obama by shellman: 1:00pm On Sep 21, 2016
Yorubamafia:
Obama doesn't know the reality on ground. People are dying of hunger while thousands are loosing their jobs. Buhari should get ready to relocate to daura in 2019 unless he fails to leave power peacefully like GEJ. This suffering is too much
But Jokes apart, Can you point to any politicians at the moment, who has nationaistic &patriotic tendencies devoid of materialistic instincts to compare with Buhari in Nigeria today?

2 Likes

Re: Buhari’s Economic Reforms Are Bold – Obama by Mrjo(m): 1:00pm On Sep 21, 2016
NgeneUkwenu:
Okonjo Iweala, a woman that had seen it all could come out to say at an American conference that the SEED OF THIS RECESSION WAS PLANTED DURING THE JONATHAN REGIME DUE TO OUR LACK OF FINANCIAL DISCIPLINE, INABILITY AND LACK OF POLITICAL WILL TO SAVE.

Obasanjo's administration earned # 17trn [/b]from crude oil sales within eight years and left behind 45bn dollars external reserves and 3.348bn dollars external debt.

Yaradua grew the reserves to [b]64bn dollars
within just one year and the administration was able to finance 15 months of imports despite the 2008/2009 world economic meltdown. Hence, Nigeria survived the melt down because of the political will by the administration to save(a great achievement by Yaradua which most Nigerians are not aware of). Despite the tough economic reality at that time, Yaradua left 47.7bn dollars in reserves and an external debt of 3.94bn dollars. Meanwhile, the administration earned only # 9trn from crude oil sales within that short period.

Now, Jonathan administration witnessed an oil boom when Brent crude sold for over 100 dollars/barrel, with the regime earning # 51trn within a period of 5years. But because of corruption, the administration did not only squander the oil revenue but even depleted the reserves left by Yaradua, leaving just 32bn dollars and a huge external debt of 63bn dollars for Buhari. The same Brent crude sold for as low as 35 dollars/barrel at a point shortly after Buhari took over power and had only managed to climb to about 48 dollars just recently.

These are facts that can be verified. So, it's amazing hearing people criticize Buhari for the hunger in the land.

According to Fashola, Buhari's administration inherited 206 uncompleted road projects and contract arrears worth #2.1trn from Jonathan; and for about 2 to 3 years the contractors where not paid. This slowed down the economic activities, with most of the companies laying off their staff. This was when the seed of recession was sowed.

It's obvious that Buhari came in to rescue Nigeria, because if Jonathan had continued in power, the nation's economic crisis would have been worse, perhaps even the Federal government wouldn't have been able to pay salaries of civil servants by now.

According to Okonjo Iweala, Nigeria started borrowing money to pay salaries since October, 2014; but today Nigeria now borrow money for investment in capital projects.

Those who blame Buhari for the current hardship do so either out of mischief (hatred) or ignorance. So, we shouldn't join the bandwagon in criticising him. [b]He may not have done much to save the situation, considering that he is not a perfect human being but he means well for the country and can only succeed with our prayers[/b].

[size=15pt]May Almighty God continue to guide Baba Buhari.
[/size]
u think u make sense in summary gej sow recession pmb reap it. Chai ur defence did hm no good

1 Like 1 Share

Re: Buhari’s Economic Reforms Are Bold – Obama by badman007(m): 1:00pm On Sep 21, 2016
Jesuobu:
Shut up this fake American. You are happy now because you have seen a puppet who you can control easily to carry out your evil plans like gay marriage anld others..

Guyman, no be my president you dey reason.
Re: Buhari’s Economic Reforms Are Bold – Obama by omolola15(m): 1:04pm On Sep 21, 2016
NgeneUkwenu:
Okonjo Iweala, a woman that had seen it all could come out to say at an American conference that the SEED OF THIS RECESSION WAS PLANTED DURING THE JONATHAN REGIME DUE TO OUR LACK OF FINANCIAL DISCIPLINE, INABILITY AND LACK OF POLITICAL WILL TO SAVE.

Obasanjo's administration earned # 17trn [/b]from crude oil sales within eight years and left behind 45bn dollars external reserves and 3.348bn dollars external debt.

Yaradua grew the reserves to [b]64bn dollars
within just one year and the administration was able to finance 15 months of imports despite the 2008/2009 world economic meltdown. Hence, Nigeria survived the melt down because of the political will by the administration to save(a great achievement by Yaradua which most Nigerians are not aware of). Despite the tough economic reality at that time, Yaradua left 47.7bn dollars in reserves and an external debt of 3.94bn dollars. Meanwhile, the administration earned only # 9trn from crude oil sales within that short period.

Now, Jonathan administration witnessed an oil boom when Brent crude sold for over 100 dollars/barrel, with the regime earning # 51trn within a period of 5years. But because of corruption, the administration did not only squander the oil revenue but even depleted the reserves left by Yaradua, leaving just 32bn dollars and a huge external debt of 63bn dollars for Buhari. The same Brent crude sold for as low as 35 dollars/barrel at a point shortly after Buhari took over power and had only managed to climb to about 48 dollars just recently.

These are facts that can be verified. So, it's amazing hearing people criticize Buhari for the hunger in the land.

According to Fashola, Buhari's administration inherited 206 uncompleted road projects and contract arrears worth #2.1trn from Jonathan; and for about 2 to 3 years the contractors where not paid. This slowed down the economic activities, with most of the companies laying off their staff. This was when the seed of recession was sowed.

It's obvious that Buhari came in to rescue Nigeria, because if Jonathan had continued in power, the nation's economic crisis would have been worse, perhaps even the Federal government wouldn't have been able to pay salaries of civil servants by now.

According to Okonjo Iweala, Nigeria started borrowing money to pay salaries since October, 2014; but today Nigeria now borrow money for investment in capital projects.

Those who blame Buhari for the current hardship do so either out of mischief (hatred) or ignorance. So, we shouldn't join the bandwagon in criticising him. [b]He may not have done much to save the situation, considering that he is not a perfect human being but he means well for the country and can only succeed with our prayers[/b].

[size=15pt]May Almighty God continue to guide Baba Buhari.
[/size]

happney65 oya come see analysis. I know you will say it's thrash but this madam is actually right. She didn't even include the fertilizer debt self. Buhari no be Saint ooooo. But he's better than your hero and role model.

2 Likes

Re: Buhari’s Economic Reforms Are Bold – Obama by Ishaq717(m): 1:05pm On Sep 21, 2016
drss2:
obama said wat he said to boost d dullards ego after destroying nigeria's economy with outdated daura policies. every true economist on earth knows buari dullard is an economic terrorist.
oga why e dy pain u say Obama commend am. chai!!! haters gonna rot in hell

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