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Failure Of Political Class Caused Recession, Not Buhari - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsFailure Of Political Class Caused Recession, Not Buhari (1031 Views)

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Failure Of Political Class Caused Recession, Not Buhari by Nobody:
Was it Buhari that caused the international price of crude oil to fall in 2015? Are you not aware that Nigeria has been a mono product economy and that any fluctuation in that price would prove devastating to an economy overly dependent on it?

This is unlike the US where Obama was able to assure the US that they wouldn’t be seriously hurt by the fall in crude oil prices, because according to him the US was not dependent on crude oil.

Was it Buhari that told the political class not to save adequate amounts of oil revenue for decades?

This is unlike Norway that managed to save $800 billion and thus escaped the devastating impact of the fall in crude oil prices.

Sources

http://zikistmovement.igbodefender.com/2017/12/20/failure-of-political-class-caused-recession-not-buhari/
Re: Failure Of Political Class Caused Recession, Not Buhari by jeffizy(m): 4:27am On Dec 21, 2017
In fairness to your write up, these things were beyond him.

But I'm of the opinion that there are a hundred other areas where he has control over but he didn't act on.

Why can't the pyramids of groundnut be revived?
A chocolate factory in Nigeria should be in place to reap full benefit of the Ondo produced cocoa.

A lot of things can be determined by the President.
Re: Failure Of Political Class Caused Recession, Not Buhari by madridguy(m): 4:33am On Dec 21, 2017
Re: Failure Of Political Class Caused Recession, Not Buhari by sekundosekundo: 4:48am On Dec 21, 2017
Op, check Buhari's record as the military head of state. Buhari is not productive.
Re: Failure Of Political Class Caused Recession, Not Buhari by frankyychiji: 4:50am On Dec 21, 2017
Wailers above me wailing to cover their incompetence!

Crude oil prices was falling globally we agree, but still that same crude oil with falling prices remained the country's major source of income.

The "sherrif" in wanting to impress himself picked up needless fights with the people of ND and they dealt with him accordingly, both him and Burantai beat a hasty retreat.

The same political class who refused to save for the rainy day are now APC and dipping their hands deep into the savings account with the tacit approval of the dullard.

I know you expect me to give you 20 reasons why Buhari is the cause of the current hunger haram in the land, sorry I won't because even my 2yr old knows them.

APC made a bad situation worse---Sanusi2016
Re: Failure Of Political Class Caused Recession, Not Buhari by chomchom1(f): 4:50am On Dec 21, 2017
continue deceiving uaself. buhari is not productive.
Re: Failure Of Political Class Caused Recession, Not Buhari by frankyychiji: 4:53am On Dec 21, 2017
sekundosekundo:
Op, check Buhari's record as the military head of state. Buhari is not productive.
Don't mind the BMC latest recruit. I just hope he won't come here to cry when they refuse him protection.


His Igbo for President 2023 project was defeated and he has found a new song.
Re: Failure Of Political Class Caused Recession, Not Buhari by benuejosh: 5:01am On Dec 21, 2017
jeffizy:
But I'm of the opinion that there are a hundred other areas where he has control over but he didn't act on.
smiles... Other areas such as? He met a ready collapsed economy. Just like you admitted to the fact that things were beyond him. He was rather on a recovery mission. Everything that made the country work was down. So which other areas did he have control but didn't act? A quick reminder that the OP talked about oil and that is what drives the Nigerian economy. And Mind you also that Nigeria had no single control of the oil price(s) in the international Market, lest we should say they would have controlled things. The oil was the Major source of income for the country and the driver of the economy, ones that oil price collapsed, the whole economy collapsed with it Or were you expecting the Groundnuts pyramids in the first or second year of his rule to perform the magic? That magic was never going to be possible. If Nigeria had other sources of income then it would have been better. The NOT savings culture of Nigeria and by extension Africa is what is dealing with us all. If the Money Nigeria Made from crude Oil sales were SAVED as it should then the president would have had a nearly smooth ride.
Re: Failure Of Political Class Caused Recession, Not Buhari by dunkem21(m): 5:11am On Dec 21, 2017
frankyychiji:
Don't mind the BMC latest recruit. I just hope he won't come here to cry when they refuse him protection.


His Igbo for President 2023 project was defeated and he has found a new song.
That guy no be recruit o.. Na General o.

A whole Sarrki; a recruithuh
Re: Failure Of Political Class Caused Recession, Not Buhari by olureignforever: 5:30am On Dec 21, 2017
G
Re: Failure Of Political Class Caused Recession, Not Buhari by jeffizy(m): 5:55am On Dec 21, 2017
benuejosh:
smiles... Other areas such as? He met a ready collapsed economy. Just like you admitted to the fact that things were beyond him. He was rather on a recovery mission. Everything that made the country work was down. So which other areas did he have control but didn't act? A quick reminder that the OP talked about oil and that is what drives the Nigerian economy. And Mind you also that Nigeria had no single control of the oil price(s) in the international Market, lest we should say they would have controlled things. The oil was the Major source of income for the country and the driver of the economy, ones that oil price collapsed, the whole economy collapsed with it Or were you expecting the Groundnuts pyramids in the first or second year of his rule to perform the magic? That magic was never going to be possible. If Nigeria had other sources of income then it would have been better. The NOT savings culture of Nigeria and by extension Africa is what is dealing with us all. If the Money Nigeria Made from crude Oil sales were SAVED as it should then the president would have had a nearly smooth ride.
Yes sir, your points are indeed true. I just want to see him start a drive towards breaking away from the detrimental total dependence on the oil.
A break through in 2003 by the Obasanjo administration that brought the gsm is an example.

All in all, I believe he will make an impact despite the loud rants of the naysayers and secessionist attacks.
Re: Failure Of Political Class Caused Recession, Not Buhari by kolaaderin: 5:56am On Dec 21, 2017
jeffizy:
In fairness to your write up, these things were beyond him.

But I'm of the opinion that there are a hundred other areas where he has control over but he didn't act on.

Why can't the pyramids of groundnut be revived?
A chocolate factory in Nigeria should be in place to reap full benefit of the Ondo produced cocoa.

A lot of things can be determined by the President.
and you believe those thing can fill in the short fall for us to avoid recession in just 2 years right in the face of little money for serious diversification.
To be candid to this government, its unfair to say they caused the hardship, in fact they have performed economic miracle to still have a country to govern in face of serious past failures.
Re: Failure Of Political Class Caused Recession, Not Buhari by kolaaderin: 6:04am On Dec 21, 2017
frankyychiji:
Wailers above me wailing to cover their incompetence!

Crude oil prices was falling globally we agree, but still that same crude oil with falling prices remained the country's major source of income.

The "sherrif" in wanting to impress himself picked up needless fights with the people of ND and they dealt with him accordingly, both him and Burantai beat a hasty retreat.

The same political class who refused to save for the rainy day are now APC and dipping their hands deep into the savings account with the tacit approval of the dullard.

I know you expect me to give you 20 reasons why Buhari is the cause of the current hunger haram in the land, sorry I won't because even my 2yr old knows them.

APC made a bad situation worse---Sanusi2016
Hear yourself out, the same Militant that was created by the past governments failure. If they are not created inthe first instant, they will not even pick a fight with anyone.
To me this government performed in the face of all opposition created stumbling blocks, Niger delta militant, Boko Haram, IPOB, MASSOB and Fulani Herdsmen.
All this shouldnt have existed if not for the 16 years failure of the past government.
Re: Failure Of Political Class Caused Recession, Not Buhari by jeffizy(m): 6:04am On Dec 21, 2017
kolaaderin:
and you believe those thing can fill in the short fall for us to avoid recession in just 2 years right in the face of little money for serious diversification.
To be candid to this government, its unfair to say they caused the hardship, in fact they have performed economic miracle to still have a country to govern in face of serious past failures.
I share your sentiment. Perhaps, his aides are doing him over with lack of eloquence in highlighting his achievements.
You rightly said the expectations were too much within the first two years.
I guess that's where the negative energy been dispensed across the country comes from.

We are Nigerians, we are impatient. wink
Re: Failure Of Political Class Caused Recession, Not Buhari by kolaaderin: 6:14am On Dec 21, 2017
jeffizy:
I share your sentiment. Perhaps, his aides are doing him over with lack of eloquence in highlighting his achievements.
You rightly said the expectations were too much within the first two years.
I guess that's where the negative energy been dispensed across the country comes from.

We are Nigerians, we are impatient. wink
The fact is we are already in recession before this government, there achievement is actually piloting the country away from total collapse which i believe those that are not Biased with the hate for BUHARI actually understand this.
Re: Failure Of Political Class Caused Recession, Not Buhari by orisa37: 6:46am On Dec 21, 2017
There is no money to buy goods and resurcitate production. Buhari is responsible to remove recession and arrange The Country for better productivity, costs, incomes and profitability policies. It's his duty also to cooperate with nass for democratic law enforcement without impunity.
Re: Failure Of Political Class Caused Recession, Not Buhari by Nobody: 7:00am On Dec 21, 2017
kolaaderin:
The fact is we are already in recession before this government, there achievement is actually piloting the country away from total collapse which i believe those that are not Biased with the hate for BUHARI actually understand this.
Exactly. If not we would have dived from the frying pan of recession into the fire of depression. From day 1, this government faced very grave economic cataclysms whose cause they knew little of.

The culture of burning money like we are burning harmattan bush is what has caught up with us. Even before Buhari became President, the intransigence of the political class had already made recession a foregone conclusion.

If any error can be ascribed to Buhari, it is only that he didn't react quickly enough or he wasn't given the full picture. But he remains the best bet in 2019.
Re: Failure Of Political Class Caused Recession, Not Buhari by nawtyme: 7:13am On Dec 21, 2017
Was it also the political class that took Nigeria recession when he was military head of state?
Which governors took FG to court demanding the savings from excess crude account be shared to state governors.?
Oga you better look for something important to write about otherwise you would be on the same level with Sarrki in BMC crew.
Have you seen hungerbad of recent? I hope they have paid him his own BMC salary for November.
Re: Failure Of Political Class Caused Recession, Not Buhari by aolawale025: 7:28am On Dec 21, 2017
Buhari is at the helm. Not the political class. The blame for recession falls fully on him
Re: Failure Of Political Class Caused Recession, Not Buhari by frankyychiji: 8:00am On Dec 21, 2017
dunkem21:
That guy no be recruit o.. Na General o.

A whole Sarrki; a recruithuh
No you are kidding shocked shocked
Re: Failure Of Political Class Caused Recession, Not Buhari by SalamRushdie: 8:06am On Dec 21, 2017
The recession was caused by Buhari 110 percent and I have irrefutable proof .. Buharis poor thought pattern and 20 point IQ can only generate the recessiin of anything he touches ..
Re: Failure Of Political Class Caused Recession, Not Buhari by Nobody: 8:08am On Dec 21, 2017
SalamRushdie:
The recession was caused by Buhari 110 percent and I have irrefutable proof .. Buharis poor thought pattern and 20 point IQ can only generate the recessiin of anything he touches ..

Re: Failure Of Political Class Caused Recession, Not Buhari by Wiseandtrue(f):
[b]Is Buhari not aware of all these before applying to be the president huh

When Buhari was the head of state, was this country not in recession huh

When Buhari was one time the minister of petroleum, what remarkable change did he offer Nigerians huh Then what has the political class got to do with it then huh

Was it the political classes that made those electoral promises for him huh

Is it the political class that we voted for huh

Whose duty is it to ensure that the political class/Cabal did not obstruct his good policies huh

Was it the political class that let Maina, Babachir, Mahmoud, Baru off the hook while he arrest Fani Kayode and co over similar cases huh

Were they the ones who brought disunity in this country through ethnic division huh

He is a president for Christ sake!

Are they the ones to honour federal character huh


Shouldn't he respect and also ensure that citizen obey the constitution huh

Were they also responsible for the removal of oil subsidy huh Did they also promised to better the lives of Nigeria if the subsidy is removed huh

Instead of improvement of life, his change brought recession still the fuel is scarce huh


Are they the ones that would put syringe in the hospital huh

Are they the ones that allocate billions in the budget with nothing to show for it huh

Are they also the ones who recently approved $1b out of nothing cause I can assure you that a country that can spare $1b without blinking an eye is not poor but lacks good management![/b]
Re: Failure Of Political Class Caused Recession, Not Buhari by frankyychiji: 8:17am On Dec 21, 2017
kolaaderin:
Hear yourself out, the same Militant that was created by the past governments failure. If they are not created inthe first instant, they will not even pick a fight with anyone.
To me this government performed in the face of all opposition created stumbling blocks, Niger delta militant, Boko Haram, IPOB, MASSOB and Fulani Herdsmen.
All this shouldnt have existed if not for the 16 years failure of the past government.
Your hero Buhari was the first to whip up religious and ethnic sentiment when the past administration clamped down on BH!

Have you forgotten the popular "a fight against BH is anti north"?.

Have you forgotten how your hero confronted late Lam Adesina with the volcanic "your people are killing my people" at the onset of Fulani herdsmen killing tendencies?

Now he is in power and they have become emboldened like never before, wiping out a whole generation in some middle belt communities while your hero looks on with sealed lips amidst public outcry!

Fulani herdsmen were profiled as the 4th deadliest terrorist group by the International Terrorism index!

Why has your government refused to recognize them as such?

Where were you when APC vehemently rejected the international declaration that BH was a terrorist group?

Where were you when APC vehemently opposed the state of emergency in affected states to allow the army do a thorough cleansing of BH in those states?

Oga, liv trash for lawma! The whole truth behind the activities of BH will unfold in our lifetime and Buhari will surely have a date with destiny!
Re: Failure Of Political Class Caused Recession, Not Buhari by HungerBAD: 5:01am On Jan 04, 2018
nawtyme:
Was it also the political class that took Nigeria recession when he was military head of state?
Which governors took FG to court demanding the savings from excess crude account be shared to state governors.?
Oga you better look for something important to write about otherwise you would be on the same level with Sarrki in BMC crew.
Have you seen hungerbad of recent? I hope they have paid him his own BMC salary for November.
Lol.
Re: Failure Of Political Class Caused Recession, Not Buhari by Nobody: 5:21am On Jan 04, 2018
HungerBAD:
Lol.
cheesy grin
Re: Failure Of Political Class Caused Recession, Not Buhari by Nobody: 6:07am On Jan 04, 2018
igbodefender:
Was it Buhari that caused the international price of crude oil to fall in 2015? Are you not aware that Nigeria has been a mono product economy and that any fluctuation in that price would prove devastating to an economy overly dependent on it?

This is unlike the US where Obama was able to assure the US that they wouldn’t be seriously hurt by the fall in crude oil prices, because according to him the US was not dependent on crude oil.

Was it Buhari that told the political class not to save adequate amounts of oil revenue for decades?

This is unlike Norway that managed to save $800 billion and thus escaped the devastating impact of the fall in crude oil prices.

Sources

http://zikistmovement.igbodefender.com/2017/12/20/failure-of-political-class-caused-recession-not-buhari/
Stop posting gibberish my friend.
Re: Failure Of Political Class Caused Recession, Not Buhari by SalamRushdie: 6:26am On Jan 04, 2018
jeffizy:
In fairness to your write up, these things were beyond him.

But I'm of the opinion that there are a hundred other areas where he has control over but he didn't act on.

Why can't the pyramids of groundnut be revived?
A chocolate factory in Nigeria should be in place to reap full benefit of the Ondo produced cocoa.

A lot of things can be determined by the President.
Nothin was beyond him ..Buharis shallowness is the pivot of the recession
Re: Failure Of Political Class Caused Recession, Not Buhari by SalamRushdie: 6:27am On Jan 04, 2018
Here we go another blame game from the Professor of blamology
Re: Failure Of Political Class Caused Recession, Not Buhari by nawtyme: 8:10am On Jan 04, 2018
HungerBAD:
Lol.
I got your back bro. They must pay you your salary
Re: Failure Of Political Class Caused Recession, Not Buhari by Nobody: 4:04pm On Mar 19, 2018
They be blaming Buhari for even the mistakes of past generations. Sad!
1 Reply

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