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Nairaland Forum / Nairaland / General / Politics / Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies (23762 Views)
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Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by grandstar(m): 8:13pm On Nov 11, 2016 |
pchukwudi: I read with some incredulity this article by Fashola I won't be quick to criticise Fashola. We need to realise that he is a lawyer so an in depth understanding of economics may be lacking. It's over simplistic saying good infrastructure drives growth. Benin and Togo have better infrastructure than Nigeria but their economies are not exactly blazing away. But to really turn his augment on its head, there are several countries with lousy infrastructure that have grown fast. India was able to achieve growth rates of 8% and more for almost 2 decades despite poor infrastructure. Neighbouring Bangladesh was able to achieve growth rates of 6% or more. Taiwan was even able to become a rich nation despite poor investment in infrastructure. Nigeria can achieve a growth rate of 7% and more for the next ten years even with the poor rate of infrastructure investment. What is more important than infrastructure spending are good economic policies that create a pro business climate. The private sector is very resilient and can adapt to the poor state of infrastructure by simply improvising. If there's no light, use a gen for instance. Jonathan must be credited for being humble enough to allow his economic technocrats do their job with little hindrance. Buhari should learn from this 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by nku5: 8:14pm On Nov 11, 2016 |
dre11: Minister of darkness sef still dey talk about infrastructure, bridges etc A man that spent how many hundreds of millions of public money on a website named after him and 278 million on a borehole. Who the heck is tunde fashola to be minister of infrastructure? Could he even provide potable water for Lagos in 8 years even with all the tax he raked in. To me his biggest achievements in 8 years in Lagos was revenue mobilisation not infrastructure 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by Chukazu: 8:51pm On Nov 11, 2016 |
obviously buhari has got no policy, tha is why the economy is crumbling. 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by jossy4joseph(m): 8:51pm On Nov 11, 2016 |
Fashola is such an idiot and stupid fellow. Tell your clueless and directionless oga to show Nigerians and the world his policy. You had policy when u spent almost 80million to create website when u where lagos governor. 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by tonquendo4u(m): 8:52pm On Nov 11, 2016 |
DropShot:At least there were growths.What do we have now bro? 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by Jesusloveyou: 8:53pm On Nov 11, 2016 |
RZArecta:pls can you tell me any ineffectual buffoon policy for 6yrs? Except to create many criminals under dasuki-gate and madueke-gate, Moreso, importation of virtually everything like toothpick is another ineffectual buffoon policy 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by frankzone: 8:59pm On Nov 11, 2016 |
dre11:I ask again, how much was oil price during Obasanjo's regime? Yet the economy was growing then? |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by frankzone: 9:00pm On Nov 11, 2016 |
dre11:I ask again, how much was oil price during Obasanjo's regime? Yet the economy was growing then? 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by nattyGENT: 9:17pm On Nov 11, 2016 |
Oga Shola things dont work, rather people make things work. 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by pchukwudi: 9:18pm On Nov 11, 2016 |
grandstar: Spot on my dear. Unfortunately we have a bunch partisan hyporites in power at the moment. Amanwulu1: 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by naijaking1: 9:19pm On Nov 11, 2016 |
Bad belle Fashiola. What happened during Yardua and OBJ? The problem with APC people is that they will go to any length to twist the truth and deny honor to whom it's due, and then give it to him who it's not due, like Buhari! 2 Likes |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by bejeria101(m): 9:28pm On Nov 11, 2016 |
Your govt that has the policies what have they done? pls go to the OTHER ROOM and bring out the policies and leave Gej alone,oponu govt 2 Likes 1 Share |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by repogirl(f): 9:36pm On Nov 11, 2016 |
Excuses excuses, all I keep hearing from these people are excuses. Atleast he sha agrees that there was physical growth, not paper statistics. They keep contradicting one another. One of them will say PDP misruled fr 16 years and the other will say there was growth. 2 Likes |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by YesWeCan11: 9:49pm On Nov 11, 2016 |
So there was actually growth Is PMB aware? 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by babestella: 10:03pm On Nov 11, 2016 |
STFU Mr. Fashole, a common thief like you now want to talk about growth, tell Nigerians how a borehole cost more than 100 million under your watch as a governor. Hater will always hate and pretend they love anyone from other tribes, you must think that everyone is as foolish as the zombies who believe in the trash you say after you cleverly stole Lagos state blind, please get out of here already before I come Abuja slap that your smelly swollen bigoted mouth, donkey. 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by TalkingBird: 10:06pm On Nov 11, 2016 |
The only solution to mankinds situation is God's Kingdom. Man keeps failing promises. They say they will solve problems and find out it is not as easy as said. We remain in messed state. The big players are suffering it. The true hope remains God's Kingdom. |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by Nobody: 10:18pm On Nov 11, 2016 |
ephi123: its been a year plus no clear policy on ground. 2 Likes |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by erico2k2(m): 10:52pm On Nov 11, 2016 |
DropShot:At least there was growth, so the new FG is citing low oil sales to the reason we are having negative growth right? yet he is investing in oil exploration in teh North East and you seem blind to that right? 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by crisycent: 10:53pm On Nov 11, 2016 |
Formulate your own policies.....minister for darkness. 2 Likes |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by kingphilip(m): 11:22pm On Nov 11, 2016 |
internetgangste:I won't be surprised if you're a primary school drop out. If you can't compose and pass your message well how about writing it in your dialect and let someone else interpret 2 Likes 1 Share |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by sweetgala(m): 12:25am On Nov 12, 2016 |
SamuelAnyawu: How viable are those universities ? Are they financially independent even thou they charge exceedingly higher tuition than the average civil servant earns |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by sweetgala(m): 12:29am On Nov 12, 2016 |
mercenary: Failed minister you say, under Tinubu , Fashola and now Ambode Lagos state has grown through IGR to become the 5th largest economy in Africa. Let sink in ! Those guys were able to implement 80% of the annual budget and even at that repaired FG infrastructure for which they are yet to be payed. Fashola is a better leader and administrator than GEJ can ever claim to be |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by lailo: 1:34am On Nov 12, 2016 |
SamuelAnyawu:Building 9 university has become a policy to better d education sector of Nigeria?What a policy?What a local government chairman will do with availability of fund.Mediocrity has become something to celebrate in nigeria. |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by MDOLOFU: 2:04am On Nov 12, 2016 |
U no even get small shame at all u are fast losing ur relevance all because of single truth u no get. Talk true u like as we d sofer? Idiot in short WAKA 1 Like |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by gogodaye(m): 3:23am On Nov 12, 2016 |
Hahahahahaha....... I knew and expected this mudslinging from someone higher up the echelons of this government.........just that moment I read on line the trending appeal on social media to Americans to give peace a chance passionately made by Ex-PGEJ...... http://www.trezzyhelm.com/2016/11/i-appeal-to-americans-to-stop.html It has become the trend...... |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by kassy777: 5:03am On Nov 12, 2016 |
DropShot:Is it the portion of apc to remain confused? The other time apc told the world that GEJ has destroyed the entire country. As at today, GEJ actually recorded some growth abi? |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by jodeci(m): 5:03am On Nov 12, 2016 |
Honestly,APC was packaged as a punishment for Nigerians.Noisy,loud mouthed and yet no result to show for their shame. Though upopular,i wish military could take over,we are not ripe for rewarding democracy. |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by victorazy(m): 5:10am On Nov 12, 2016 |
dre11: So GEJ is the first president Nigeria has ever had? The hate this other ppl of other religion have on GEJ is enormous. |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by IamThrive(m): 6:43am On Nov 12, 2016 |
So what have Apc hopeless promises during 2015 campaign contributed to Common people on the street and more so, you guys were thinking one way without considering a plan B . We are watching in 3HD |
Re: Fashola: Oil Prices Drove Nigeria’s Growth Under Jonathan’s – NOT His Policies by Codes151(m): 7:10am On Nov 12, 2016 |
But I tot u people said he wrecked the economy! So it actually grew?! Thieves |
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