₦airaland Forum

This homo sapien is wrong.
Meanwhile his worse nightmare come November is somewhere profering a solution...

This man and an give person HBP,

discusant:
The richest countries in the world have no crude oil. It's foolish to attribute Nigeria's recession to dwindling oil revenues.
Misrule of Nigeria through a most dysfunctional governance system is responsible for Nigeria's recession. The political structure and governance system enrich politicians, mostly the political class in northern Nigeria.

Northern Nigeria supported by some elements in the Southwest reject political restructuring. Let them bear the brunt of the recession as the east leaves Nigeria.

is it the same southwest that's has been called names for championing restructuring?

ipod history revisionist. shame on you and your hate filled flat head.

Jimoh Ibrahim being an offshoot of corruption has not got his facts right. Recent statistics indicate that we are already coming out of recessions. So Jimoh Ibrahim Evil allusions cannot not stand.

I dont understand what this man is blabbering. Thank God I am a biafran.

Ofcause we know...especially with this president in charge.

MAKE DEM ALOW US REST NOW

how can,it will last 50 years going by the indices.U NAIJANS DON ENTER AM.

StepTwo:
But the english speaking minister of finance say next year now, Oga Jimoh.

The English speaking Minister of finance is just speaking English.

Until government stimulates the manufacturing industry, Agric sector, non oil export, power and transportation, then the economy will not improve.

babulicious:
Businessman and Ondo governorship aspirant, Jimoh Ibrahim, has warned that the current economic recession facing Nigeria may last for another 20 years if the global oil price continues in its downward trend.
Mr. Ibrahim gave the warning on Thursday at the launch of the book, Worshipper In the Temple of Justice, organised in honour of emeritus professor of law, David Ijalaye, at the Oduduwa Hall of the Obafemi Awolowo University.
“With the current crude oil prices and current situation of the country, except there is a miracle that will chance the situation, we may be experiencing this recession for 20 years,” he said.
“Our Naira has lost its value and this is the worst recession I have seen in many years and nothing seems to be happening.”
Mr. Ibrahim recommended that Nigeria adopts the economic model of Iran in order to record meaningful development.
On the recent arrest of judges by the State Security Services, he noted that the development could whittle investor confidence.
“In a case where a judge is found with over N54 million and that it was found under his bed, no one would want to do business with you,” he said.
“It is very bad and has got so bad, if the Judiciary cannot be trusted so what are we saying.”

http://www.premiumtimesng.com/business/business-news/212712-nigerias-economic-recession-may-last-20-years-jimoh-ibrahim.html

Who Jimoh don Epp?

Justiyke4u:
Nigeria rejects it for you IJN

typical Nigerian myopic response

yeyeboi:
Tufiakwa



Jimoh Ibrahim should behave him self ooo

Nigeria Will Be GREAT AGAIN SOONEST

daydreamer

Bolustic:
Shallow thinking... Would it still last if Nigeria takes diversification efforts serious for the next five years?

Jimoh is a chronic debtor...both to staff and banks, he's part of those sabotaging our economy.

diversification? when Buhari is busy looking for non existent oil in the north eastern? Sadly and Eventually, Nigerians will learn the hard way.

BUHARI BROUGHT THIS ECONOMIC RECESSION ON NIGERIA VIA HIS USELESS 1984 ECONOMIC POLICIES.
HOW CAN A PRESIDENT COMES TO POWER & SUSPENDED ALL THE POLICIES OF THE PAST GOVT. WHO IS HE FIGHTING WITH?
GOVERNMENT IS CONTINUIOUS & HER POLICIES BECOMES NATIONAL POLICY & CAN NOT BE SUSPENDED SUDDENLY WITH ITS CONSQUENCES.
THIS IS NOT THE FIRST TIME OIL PRICE CRASHED INTERNATIONALLY.

StepTwo:
But the english speaking minister of finance say next year now, Oga Jimoh.

Is that what she said? I thought she said Nigeria is already out of recession

Abbeyme:
Bad mouth person..

Prophet of doom.

Nay sayer

He is stating the fact bro. accept it. The problem with most Nigerians is that the don't know how their country is being run. Experience has taught me to be cynical rather than optimistic about Nigeria.

Not 20years but as long as Buhari is in office

orlarbissy:
ha, 20yrs ke? This is totally far from the truth.

fact, fact and fact. We need steady oil price @ >$ 70 to push us out of recession and that's really a fantasy now if you know the trend of energy market tomorrow

Krismart:
Not 20years but as long as Buhari is in office

third term agenda

cococandy:
So the effects of Buhari's ineptitude will take 20 years to correct?

yes

iceberryose:
REDUCE THE SALARIES AND ALLOWANCES OF THE LAZY NASS MEMBERS AND INVEST THIS AND SEE AS RECESSION GRADUALLY ROLLS AWAY

That ain't happening

Opistorincos:
Is uncle jimoh mad? He should stop rough play o

he is stating fact. by the time elon musk electric cars revolution is complete (4-6yrs) and the push towards renewable energy gains full traction, Nigeria state will have nothing to contribute to the international mkt except oil which by then...

abuayman:
Jimoh Ibrahim, yhu re lying. In fact lying is yhur hobby. For months now yhu have not been paying salaries of your various companies staff

Tell your president to fix Forex policy and stop pegging naira. it's killing businesses. Even dangote is complaining

Sibrah:
We are in recession not necessarily because of oil drop but because of near zero productivity. If we weren't importation experts then by now we should be exporting goods to earn a decent level of forex cash. Stop pointing finger at one region just because they buy imported goods imported by mostly others.

we are in recession because of Buhari forex policy (pegging of naira), fall in oil price and irregular economic policy (e.g. ban rice import today, lift them tomorrow, fuel subsidy...)

onyenze123:
fact, fact and fact. We need steady oil price @ >$ 70 to push us out of recession and that's really a fantasy now if you know the trend of energy market tomorrow

orlarbissy:

lol

onyenze123:
we are in recession because of Buhari forex policy (pegging of naira), fall in oil price and irregular economic policy (e.g. ban rice import today, lift them tomorrow, fuel subsidy...)

If we producing enough rice to export all those excuse you listed are useless. There be no need t look for forex with which to import rice etc.
There be will no need to import the rice if there is local alternative plus recession process started long before Buhari came in.

Localamos:
The English speaking Minister of finance is just speaking English.

Until government stimulates the manufacturing industry, Agric sector, non oil export, power and transportation, then the economy will not improve.

Precise summary.

Thunder wey go fire u eehh still the drink garri. Ondo people be warned this MAN is not coming to help but Loot and blame recession

Mr. Ibrahim recommended that Nigeria adopts the economic model of Iran in order to record meaningful development.

@Bold: I'm sure the iPod Miscreants who are likely to adopt Jimoh as their next Chukwu Abuko Bambiala wouldn't see that he suggested we followed an "abo¤ki" country's model to propel us out of recession.

Confused set of yoots.

Jimoh Ibrahim you are a sadist instead of praying to God to rescue us from this mess people like you put us,Olorun yio da fun gbogbo yin.

I will only take Jimoh serious once he get it right in his private companies. Chronic debtor