₦airaland Forum

"The Minister of Finance, Mrs Kemi Adeosun, on Friday stated that the federal government would do all within its power to rescue the economy from the doldrums, asserting that Nigeria is too significant a country to fail.
Adeosun, who was reacting to calls by the World Bank President Dr. Jim Yong Kim and the IMF managing director Ms. Christine Largard for massive investment in infrastructure, said, “Nigeria is too big to fail and too significant in the region to underperform.”
Speaking on the sideline of the plenary session of the 2016 IMF/World Bank meeting in Washington DC, she said, “What we are trying to do is to rewrite Nigeria’s economic story so that we can grow, and to grow we need critical infrastructure like power, transport, housing.
“These are where we are redirecting expenditure from our recurrent where we thought there have been a lot of waste and leakages.”
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Adeosun added that government is “redirecting spending to capital to create long term value.It’s tough in the short term but the long term benefits will be there for the future generation, we are confident of getting back to growth.
“If we invest in critical infrastructure there will be increased productivity, which will lead to job creation and prosperity for our people and it is very comforting to hear this coming from the highest levels that that is the way to go.”
The minister stated that Nigeria has aligned with the views of the multilateral institutions with regards to inclusive growth, stating that inclusive growth is one of the objectives of this administration to end poverty.
Government, she noted, is “investing heavily in education and as part of our social intervention programme we aim to engage more young graduates into primary schools because education,I’m sure, we will be soon start seeing improvements in our education indices.”

https://www.today.ng/news/nigeria/193711/nigeria-big-fail-adeosun

No be by size aunty kemi, any nation can fail, if God does not support it... infact right now naija don fail sef!

without God Nigeria would have packed up long time ago.

Bigger countries than Nigeria have failed, USSR and Yugoslavia are examples.

Am just tired of this woman and her master

What is this afonja of a minister saying? The zoo will fall and nothing any of you can do about it.

Big for nothing giant of Africa That has failed us all...hunger every where.Make I go drink my sugarless garri abeg

Haa. Even USA would fail if Buhari rules them!

You English speaking liar.... Buhari and APC said Nigeria failed under Jonathan....

If the situation on ground in this accursed zoo is not a full blown symptoms of a failed state, then aunty kemi should head back to the institution that trained her and demand a full refund of her school fees.

Bunch of incompetent misfits

Nigeria is too big for you to handle

... The most dumbest statement I have heard this year.

The Zoo must fall

Capital my foot. Guess you think that all those socialist infastructures in your 2017 whatever also amount to CAPITAL EXPENDITURE. Folks who deliberately refuse to learn from history are bound to make any given situation worse.

Naija has failed God... You know what's next
Increase of atheism, made a dullard the president, boko haram killings, fulani killings, kidnappings, adultnapping, sexual immorality, abortion, ritualist, excess looting by govt, son of nobody can't become somebody.... Nigeria has failed

It's like many people want nigeria to fail

The nation will fail if you people continue to rule..

Rubbish...
It's rather too big to survive.
Size is not proportional to success.
Luxembourg, Japan, Germany are all smaller than Nigeria in terms of land mass, population etc, the are all doing very well for themselves.
We keep deceiving ourselves, calling ourselves Giant of Africa, which part of Africa, probably Central Africa.

I was shocked yesterday when I learnt that Mozambique's Metical is almost X5 to the naira.
1 metical should be nearly 5 naira .

Ordinary Mozambique. Giant of Africa my unshaved assss
. We don't have strength in diversity.. Nah..
Rather
We have corruption, bigotry, stupidity, tribalism in Diversity

Abeg nothing wey person no go fit hear.

Yeah even the Titanic was to big to sink

She's never heard the saying "the bigger they are, the harder they fall"

We know but you are on a mission to make sure it fails

Good you know. The more reason why you need to start putting your words into actions because whatever is worth doing at all, is worth doing well.
God bless Nigeria.

Brb

[quote author=Kposkila post=51959377]No be by size aunty kemi, any nation can fail, if God does not support it... infact right now naija don fail sef!

Can you see your dbness mpw Mr goat

People often comment off the face value of pronouncements without giving them much thought.

Whether you consider Nigeria a failed state or not depends on what your yardstick is. Her assessment obviously measures the country against its potential.

The critics aren't wrong either, as they seem to do so against obvious signs of failure.

While it's quite disheartening seeing where Nigeria currently stands, her potential shouldn't be outrightly dismissed.

I wish to comment further on this, but it looks like the latest Chrome Developer browser has some bug. I can barely see what I'm typing.

Even AIG, Goldman Sachs and others once considered too big to fail failed.
Even Titanic was considered too solid and stable to sink but it sunk eventually by small...

Dey there dey fool yourself until Nigeria fail under your very watch

But it's filled with many incompetent leaders

My sister, your choice of words is inconsequential with your academic knowledge. I sense you might be under the influence of the Aso-rock demons.


Where are the old famous world powers? they failed. Hence, no country in the world is immune to failure.

Get back to work sister, and get Nigeria out of total collapse.

God bless the Federal Republic of Nigeria.

Shalom!

Nigeria that has failed teytey.... you guys should be working on fixing it cos you have failed us but y'all are a bunch of incompetent figure heads in this regime, unfortunately we the masses are bearing the brunt of your incompetence