A second term for President Muhammadu Buhari would stunt the economic development of the country.
In a report, put together by its Global Research Unit, entitled, “Nigeria, Papering over the Cracks,” HSBC said Nigeria’s current economic struggles look set to continue if Buhari wins a second term in office.
According to the financial institution, the president’s “approval ratings sit near all time lows,” a development, it said, “largely reflects the impact of Nigeria’s painful recession in 2016-17 and the sustained economic hardship that has accompanied his presidency, including rapidly rising joblessness, and poverty.
“A second term for Mr. Buhari raises the risk of limited economic progress and further fiscal deterioration, prolonging the stagnation of his first term, particularly if there is no move towards completing reform of the exchange rate system or fiscal adjustments that diversify government revenues away from oil.”

Gorem2013:


http://dailypost.ng/2018/09/11/2019-second-term-buhari-will-nigerias-economy-hsbc/amp/?__twitter_impression=true

This is not HSBC website but daily post appears to be another paid as by looters

Buhari zombies like this one above are the most unintelligent humans on earth, his brain has been blocked with Amala and ewedu

https://www.vanguardngr.com/2018/09/apc-faults-eiu-hsbc-reports-that-buharis-2nd-term-will-stunt-nigerias-economic-devt/

https://www.thisdaylive.com/index.php/2018/09/11/hsbc-buharis-second-term-poses-risk-to-economic-devt/?amp

IllegalMoney:
A multinational banking and financial services company, HSBC, has said a second term for President Muhammadu Buhari would stunt the economic development of the country.
In a report, put together by its Global Research Unit, entitled, “Nigeria, Papering over the Cracks,” HSBC said Nigeria’s current economic struggles look set to continue if Buhari wins a second term in office.

According to the financial institution, the president’s “approval ratings sit near all time lows,” a development, it said, “largely reflects the impact of Nigeria’s painful recession in 2016-17 and the sustained economic hardship that has accompanied his presidency, including rapidly rising joblessness, and poverty.

“A second term for Mr. Buhari raises the risk of limited economic progress and further fiscal deterioration, prolonging the stagnation of his first term, particularly if there is no move towards completing reform of the exchange rate system or fiscal adjustments that diversify government revenues away from oil.”

The multinational banking group, which is Europe’s largest by total assets, noted that while higher oil prices have brightened Nigeria’s macro outlook, boosting export earnings, improving the supply of foreign exchange, and supporting naira stability, the Buhari administration was yet to address the economy’s structural shortcomings.

It said, “Economic growth remains sluggish and reliant on the rebound in oil output while the non-oil economy, which accounts for about 90 per cent of GDP, continues to languish with many service sectors still mired in contraction.

Joblessness continues to rise, up almost three-fold in three years to 19 per cent in Q3 2017, pushing the number in poverty to 87 million. “Meanwhile, current account improvements may have pivoted on higher oil prices, but they also derive from on-going import restrictions and limited FX access for many sectors of the economy.”

DAILY POST reports that the president is set to once again lead the All Progressives Congress, APC, having received his nomination form on Tuesday.

http://dailypost.ng/2018/09/11/2019-second-term-buhari-will-nigerias-economy-hsbc/amp/?__twitter_impression=true

IllegalMoney:


Buhari zombies like this one above are the most unintelligent humans on earth

https://www.vanguardngr.com/2018/09/apc-faults-eiu-hsbc-reports-that-buharis-2nd-term-will-stunt-nigerias-economic-devt/

https://www.thisdaylive.com/index.php/2018/09/11/hsbc-buharis-second-term-poses-risk-to-economic-devt/?amp

Gorem2013:



Then tell us it's This Day and vanguard dirty job as usual. Not HSBC.

I'm sure it would have been quoted out of context even if it appears there at all. We know corruption will always fight back.

Go school, u no gree go
APC has even acknowledged those reports from the Economist and HSBC and have been struggling in vain since yesterday to defend the lifeless one (Buhari) based on those reports.
Amala don block ur brain
Take 200 Naira go buy sense for Jankara market

IllegalMoney:


The All Progressives Congress has faulted The Economist Intelligence Unit (EIU) and HSBC, a multinational banking and financial services company which said that a second term for President Muhammadu Buhari would greatly stunt the economic development of Nigeria.

Read more at: https://www.vanguardngr.com/2018/09/apc-faults-eiu-hsbc-reports-that-buharis-2nd-term-will-stunt-nigerias-economic-devt/

Go school, u no gree go
APC has even acknowledged those reports from the Economist and HSBC and have been struggling in vain since yesterday to defend the lifeless one (Buhari) based on those reports.
Amala don block ur brain
Take 200 Naira go buy sense for Jankara market

orisa37:
And wipe out The Middle-income group forever.

IllegalMoney:


The All Progressives Congress has faulted The Economist Intelligence Unit (EIU) and HSBC, a multinational banking and financial services company which said that a second term for President Muhammadu Buhari would greatly stunt the economic development of Nigeria.

Read more at: https://www.vanguardngr.com/2018/09/apc-faults-eiu-hsbc-reports-that-buharis-2nd-term-will-stunt-nigerias-economic-devt/

Go school, u no gree go
APC has even acknowledged those reports from the Economist and HSBC and have been struggling in vain since yesterday to defend the lifeless one (Buhari) based on those reports.
Amala don block ur brain
Take 200 Naira go buy sense for Jankara market

Gorem2013:


Thanks the intelligent one. Tell me any right thinking person that will write the trash you wrote up there. Can't you present your argument without insulting others?

I made a valid observations, if it's HSBC, give link to HSBC site

Vanguard or This day or hungry blogger site is not and cannot be HSBC.

speedyGonzales:

The report is subscription based. The country is sinking but the people are surviving on propaganda


The report is subscription based.

https://store.eiu.com/product/country-report/nigeria

IllegalMoney:
A multinational banking and financial services company, HSBC, has said a second term for President Muhammadu Buhari would stunt the economic development of the country.
In a report, put together by its Global Research Unit, entitled, “Nigeria, Papering over the Cracks,” HSBC said Nigeria’s current economic struggles look set to continue if Buhari wins a second term in office.

According to the financial institution, the president’s “approval ratings sit near all time lows,” a development, it said, “largely reflects the impact of Nigeria’s painful recession in 2016-17 and the sustained economic hardship that has accompanied his presidency, including rapidly rising joblessness, and poverty.

“A second term for Mr. Buhari raises the risk of limited economic progress and further fiscal deterioration, prolonging the stagnation of his first term, particularly if there is no move towards completing reform of the exchange rate system or fiscal adjustments that diversify government revenues away from oil.” The thing people don't understand that the economy is like this not because of buhari but the past Predecessors... They've eaten so deep into the economy that it could take a while but PMB is definitely working on it. I strongly believe in the administration.... Gradually but they'd get there.. Already they have created job schemes in order to control these and so much more, we just need to b supportive

The multinational banking group, which is Europe’s largest by total assets, noted that while higher oil prices have brightened Nigeria’s macro outlook, boosting export earnings, improving the supply of foreign exchange, and supporting naira stability, the Buhari administration was yet to address the economy’s structural shortcomings.

It said, “Economic growth remains sluggish and reliant on the rebound in oil output while the non-oil economy, which accounts for about 90 per cent of GDP, continues to languish with many service sectors still mired in contraction.

Joblessness continues to rise, up almost three-fold in three years to 19 per cent in Q3 2017, pushing the number in poverty to 87 million. “Meanwhile, current account improvements may have pivoted on higher oil prices, but they also derive from on-going import restrictions and limited FX access for many sectors of the economy.”

DAILY POST reports that the president is set to once again lead the All Progressives Congress, APC, having received his nomination form on Tuesday.

http://dailypost.ng/2018/09/11/2019-second-term-buhari-will-nigerias-economy-hsbc/amp/?__twitter_impression=true

Gorem2013:
http://dailypost.ng/2018/09/11/2019-second-term-buhari-will-nigerias-economy-hsbc/amp/?__twitter_impression=true

This is not HSBC website but daily post appears to be another paid as by looters

HSBC is known to be a save haven for looted fund from Africa so it's already feeling the paucity of looted fund from Nigeria.

We should ask HSBC why UK prime minister came to talk business with the so called not impressive economy.

Nigeria is wiser now by 2023 HSBC and other bank like them would have totally collapse as a result of lack of slush fund.

China the way to go,let the imperialist join the wailing.

behosgroups2019:
FAKE NEWS EVERYWHERE.

SAI BABA FOR LIFE