Re: Buhari’s Economic Reforms Are Bold – Obama by bejeria101(m): 3:38pm On Sep 21, 2016 |
Coming from yo8,thats a load of crap |
Re: Buhari’s Economic Reforms Are Bold – Obama by Whynotthetruth(m): 3:40pm On Sep 21, 2016 |
Oblang:
Enough of all this governors asking for the sharing of the money he saved. Was there no governors when the money was bin saved initially... And what happened to the fg's share of the money.. As per roads, maybe u should make it a job and start travelling around to see for urself... 1)Under Obj , governors were muscled and removed at will...eg a civilian(Uba Chris) was given security to remove an elected governor(Ngige) in Anambra state by Obj and they locked him in toilet...Dariye etc were all victims...Lagos allocation was seized despite judicial pronouncements for long...Did any of these heinous crimes happen under Jonathan? He allowed democracy to develop hence we had opposition which others killed... Governors got power and bold because Jonathan allowed Constitution to guide him unlike others... 2)FG share was used for so many things including salaries... Jonathan paid MORE than ALL his predecessors...eg NYSC got increase of over 200% to 19500...civil servants got over 150% rise from 7500 to 18000...and he had MORE empowerment programs than even hjs immediate successor; Buhari... because YOUWIN, PRESSID etc has been stopped by Buhari...and he paid subsidy which APC led by Buhari CPC in North and Tinubu ACN in SW forced him to rescind its scrapping in 2012... 3)Fashola who's Minister of Works in APC confirmed that Jonathan administration did almost 5times more roads than any of his predecessors...Facts don't lie bro... 4) Finally, crude price has been above budget benchmark for long... kindly show us how much Buhari has saved plzzz... because what goes into savings is all we have above the budget benchmark...drop your figures bro ![cheesy](https://www.nairaland.com/faces/cheesy.png) 1 Like 1 Share |
Re: Buhari’s Economic Reforms Are Bold – Obama by Koleman(m): 3:41pm On Sep 21, 2016 |
NgeneUkwenu: If 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. Then Those Harshly Criticizing Buhari, Should In All Honesty, Do A Retrospective Search On Their Conscience...
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] you need to create a special thread for this so pple can really understand. And state it clearly there that those blinded by hatred can do their research to confirm. One thing i know for sure february and march 2015 salaries were paid through borrowing. This were the words of Ngozi Okonjo the then minister for finance. I dont blame buhari but am disappointed coz i feel he could have done better. 1 Like 1 Share |
Re: Buhari’s Economic Reforms Are Bold – Obama by Okaka27(m): 3:42pm On Sep 21, 2016 |
president3h: . And withing this one year that buhari entered, he grew the money to 100B dollars abi ? Zombie You made no sense you cant make any sense you'll never make any sense that's you ppls problem think outside the box and stop behaving like an animal 1 Like |
Re: Buhari’s Economic Reforms Are Bold – Obama by Hhundredhundred(m): 3:44pm On Sep 21, 2016 |
CSTR2: A Nigerian talking about hunger? Even one in a shitthole. ![grin](https://www.nairaland.com/faces/grin.png) A homeless man here has more to eat than 90% of Nigerians. Coming from an arrangee-wedding scammer that came here with his few months visa and have overstayed but hiding cos of immigration. Nigeria is my 2nd country cos of my grandparents and not my country of birth. You are not even a citizen here but just hoping on your arranged fat fake wife ![cheesy](https://www.nairaland.com/faces/cheesy.png) You have no shame. 10 Likes 1 Share |
Re: Buhari’s Economic Reforms Are Bold – Obama by CSTR2: 3:45pm On Sep 21, 2016 |
Hhundredhundred:
Your vote is not even needed cos votes of all tribe slaves dont count. Lol With your coneheaded ugly visage looking like an offering to sango. Even a historically subservient Yoruba man has a say on who is a slave and who is not because of a buhari presidency? Wonders. ![grin](https://www.nairaland.com/faces/grin.png) You have obviously forgotten your status as a perpetual opposition. You would soon get a shock reminder. 1 Like |
Re: Buhari’s Economic Reforms Are Bold – Obama by CSTR2: 3:49pm On Sep 21, 2016 |
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Re: Buhari’s Economic Reforms Are Bold – Obama by Whynotthetruth(m): 3:50pm On Sep 21, 2016 |
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Re: Buhari’s Economic Reforms Are Bold – Obama by Hhundredhundred(m): 3:51pm On Sep 21, 2016 |
[s] CSTR2: With your coneheaded ugly visage looking like an offering to sango. Even a historically subservient Yoruba man has a say on who is a slave and who is not because of a buhari presidency? Wonders. ![grin](https://www.nairaland.com/faces/grin.png) You have obviously forgotten your status as a perpetual opposition. You would soon get a shock reminder. [/s] Coming from an albino with a flat and compressed head. You are a slave to all tribe and have been shared equally to all tribes. No one takes you people serious and you will forever be a 10th class citizen of that country. The beautiful bride of the country whose people have no say in anything, you will forever remain inconsequential, after been shared to everyone as a war booty. ![cheesy](https://www.nairaland.com/faces/cheesy.png) 13 Likes 2 Shares
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Re: Buhari’s Economic Reforms Are Bold – Obama by AdetayoNL(m): 3:53pm On Sep 21, 2016 |
Buhari's reaction to Obama's grin in this picture sef ![undecided](https://www.nairaland.com/faces/undecided.png) |
Re: Buhari’s Economic Reforms Are Bold – Obama by Hhundredhundred(m): 3:55pm On Sep 21, 2016 |
[s] CSTR2: scammer? lol. Bloody afonja nitwit. When I was winning a postgraduate scholarship to the US and from then a citizenship after a brief stint at a major global engineering firm, you were still in alausa running errands for tinubu and collecting owoda from unsuspecting land buyers. Afonja with a negative IQ. Keep running errands for tinubu. Failure of the first order. [/s] Buhahahaha. Flat head and lies. We know you very well, you got here with your 2 years visa but now hoping on your arranged fat wife for green card. You are a devilish liar and should be stoned to death for lying shameless online. The shameless akpu eating scammer cant even move freely here cos of the fear of immigration, you will soon be caught and deported back to your God forsaken dungeon where you can join your fellow cannibals in transporting drugs. Shameless Osu cannibal 11 Likes 2 Shares |
Re: Buhari’s Economic Reforms Are Bold – Obama by CSTR2: 4:02pm On Sep 21, 2016 |
Hhundredhundred: [s][/s]
Buhahahaha. Flat head and lies. We know you very well, you got here with your 2 years visa but now hoping on your arranged fat wife for green card. You are a devilish liar and should be stoned to death for lying shameless online.
The shameless akpu eating scammer cant even move freely here cos of the fear of immigration, you will soon be caught and deported back to your God forsaken dungeon where you can join your fellow cannibals in transporting drugs. Shameless Osu cannibal Ofcourse, it would be lies to an incorrigible failure like you. When your generations have never had such success before. Ofcourse, it is pretty unbelievable, right.? Bloody failure reeking in the murky waters of tribal politics. Poverty and hunger will finish you. 1 Like |
Re: Buhari’s Economic Reforms Are Bold – Obama by Oblang(m): 4:06pm On Sep 21, 2016 |
[s] Whynotthetruth:
1)Under Obj , governors were muscled and removed at will...eg a civilian(Uba Chris) was given security to remove an elected governor(Ngige) in Anambra state by Obj and they locked him in toilet...Dariye etc were all victims...Lagos allocation was seized despite judicial pronouncements for long...Did any of these heinous crimes happen under Jonathan? He allowed democracy to develop hence we had opposition which others killed... Governors got power and bold because Jonathan allowed Constitution to guide him unlike others...
2)FG share was used for so many things including salaries... Jonathan paid MORE than ALL his predecessors...eg NYSC got increase of over 200% to 19500...civil servants got over 150% rise from 7500 to 18000...and he had MORE empowerment programs than even hjs immediate successor; Buhari... because YOUWIN, PRESSID etc has been stopped by Buhari...and he paid subsidy which APC led by Buhari CPC in North and Tinubu ACN in SW forced him to rescind its scrapping in 2012...
3)Fashola who's Minister of Works in APC confirmed that Jonathan administration did almost 5times more roads than any of his predecessors...Facts don't lie bro...
4) Finally, crude price has been above budget benchmark for long... kindly show us how much Buhari has saved plzzz... because what goes into savings is all we have above the budget benchmark...drop your figures bro ![cheesy](https://www.nairaland.com/faces/cheesy.png) [/s] Trash.. He built more road truly yet ur ppl are begging pmb to come fix ur erosion ravaged roads in the yeast. And has Buhari reversed those salaries increment he started? If he uses his own share to pay salaries then why borrowing to pay salaries. As per money saved by pmb, no one knows yet and definitely there is savings cos there is a benchmark for oil sales... 6 Likes |
Re: Buhari’s Economic Reforms Are Bold – Obama by Hhundredhundred(m): 4:08pm On Sep 21, 2016 |
11 Likes 1 Share |
Re: Buhari’s Economic Reforms Are Bold – Obama by AntiWailer: 4:13pm On Sep 21, 2016 |
3 Likes 2 Shares |
Re: Buhari’s Economic Reforms Are Bold – Obama by CSTR2: 4:13pm On Sep 21, 2016 |
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Re: Buhari’s Economic Reforms Are Bold – Obama by BossKratos: 4:14pm On Sep 21, 2016 |
![grin](https://www.nairaland.com/faces/grin.png) NgeneUkwenu:
Buhari's Popularity Is only sagging among the IPOB Yoots Who didnt even Vote him..
You are always making this mistake. They are not called IPOB YOOTS anymore, it is now IPOB BASTARDS! 2 Likes |
Re: Buhari’s Economic Reforms Are Bold – Obama by YonkijiSappo: 4:15pm On Sep 21, 2016 |
Hhahahaha Hhundredhundred is really pumelling these flattys... ![grin](https://www.nairaland.com/faces/grin.png) 5 Likes |
Re: Buhari’s Economic Reforms Are Bold – Obama by Whynotthetruth(m): 4:16pm On Sep 21, 2016 |
Oblang: [s][/s]
Trash.. He built more road truly yet ur ppl are begging pmb to come fix ur erosion ravaged roads in the yeast. And has Buhari reversed those salaries increment he started? If he uses his own share to pay salaries then why borrowing to pay salaries. As per money saved by pmb, no one knows yet and definitely there is savings cos there is a benchmark for oil sales... ![](/faces/huh.png) |
Re: Buhari’s Economic Reforms Are Bold – Obama by excel101(m): 4:18pm On Sep 21, 2016 |
NgeneUkwenu: If 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. Then Those Harshly Criticizing Buhari, Should In All Honesty, Do A Retrospective Search On Their Conscience...
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] Story! story!! story!!! |
Re: Buhari’s Economic Reforms Are Bold – Obama by amdoyin82(m): 4:19pm On Sep 21, 2016 |
NgeneUkwenu: If 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. Then Those Harshly Criticizing Buhari, Should In All Honesty, Do A Retrospective Search On Their Conscience...
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] it is only few Nigerians/elites that understand the current situations in Nigeria. The not too educated, educated illiterates, illiterates will never understand thesituations due to the level of their understanding. 3 Likes |
Re: Buhari’s Economic Reforms Are Bold – Obama by Whynotthetruth(m): 4:23pm On Sep 21, 2016 |
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Re: Buhari’s Economic Reforms Are Bold – Obama by Jokerman(m): 4:33pm On Sep 21, 2016 |
Jesusloveyou: 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. He has done more than what obasanjo did?? |
Re: Buhari’s Economic Reforms Are Bold – Obama by Jokerman(m): 4:35pm On Sep 21, 2016 |
back2sender:
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. Why didn't we suffer recession after Abacha and Abdulsalami plundered our Commonwealth wen obasanjo took over?? |
Re: Buhari’s Economic Reforms Are Bold – Obama by Omonigeriarere: 4:35pm On Sep 21, 2016 |
[s] Mrjo: u think u make sense in summary gej sow recession pmb reap it. Chai ur defence did hm no good [/s] |
Re: Buhari’s Economic Reforms Are Bold – Obama by luvinhubby(m): 4:41pm On Sep 21, 2016 |
jozee8:
vibrant young man, what will you suggest the government should do at this point in time? A lot, starting with presidential jets. |
Re: Buhari’s Economic Reforms Are Bold – Obama by Mrjo(m): 4:43pm On Sep 21, 2016 |
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Re: Buhari’s Economic Reforms Are Bold – Obama by Nobody: 4:43pm On Sep 21, 2016 |
CSTR2: Was that how obama governed during america's period of recession ? 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. u call ursef obama nd yu dnnt knw it took the real obama 6yrs to get america out of recessed economy inherited frm bush.. |
Re: Buhari’s Economic Reforms Are Bold – Obama by demslayerrz: 4:43pm On Sep 21, 2016 |
4 Likes
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Re: Buhari’s Economic Reforms Are Bold – Obama by dotcomnamename: 4:44pm On Sep 21, 2016 |
Shiitposter:
From $3.6bn debt to $63bn debt in under 5years? Thats not possible i'm afriad. [size=15pt]We all know that you always post sh1t. Your username don talk am.. [/size] 1 Like |
Re: Buhari’s Economic Reforms Are Bold – Obama by demslayerrz: 4:49pm On Sep 21, 2016 |
CSTR2: . Bros, you are now editing your own post after being knocked down by that guy. Ojukwu style. 2 Likes
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Re: Buhari’s Economic Reforms Are Bold – Obama by Omonigeriarere: 4:51pm On Sep 21, 2016 |
Mrjo: disapear disappear Product of University of Otueke ![tongue](https://www.nairaland.com/faces/tongue.png) 1 Like
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