₦airaland Forum

"YOU CANNOT PUT A CROWN ON A CLOWN AND EXPECT A KING...."

History Being Repeated?

In 1983 :

$1 = N 1
£1 = N2 ;

Volkswagen Beetle = N1,400 ;

Food was in abundance ;

Kids were in schools;

Businesses were booming with vibrant economy and people were gainfully employed ;

No illegal arrests or media trials ;

Rule of law was maintained, etc.
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But, on 31 December 1983, he and his group struck, under the pretence of willing to tackle "perceived"
widespread corruption", and, within few months :
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$1 = N15
£1 = N40 ;

Volkswagen Beetle car = N8, 000 ;

Kids dropped out of school because their parents couldn't afford their school fees anymore ;

Businesses closed down and relocated to other countries ;

Foods were rationed as people queued up for essential commodities ;

Many Nigerians lost their jobs because the economy collapsed ;

Innocent Nigerians were arrested for free speech and human rights violated with impunity under "Decree 4" ;

The Constitution was suspended, etc.

He blamed Shehu Shagari's administration for the mess.

He blamed corruption, yet he jailed Dr. Alex
Ekwueme (the then Vice President) but left Shehu
Shagari (the President) in his palace.
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But when another group threw him out in 1985, within few months, Nigerians started smiling again. Our kids returned to school,
food was in abundance again, Nigerians got their jobs back and the economy was revived etc.

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In 2015:
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$1 = N175-190
£1 = N289-320 ;

Cars were affordable, with local
manufacturers smiling to the bank ;

Food was in abundance (at least a bag of rice was N7, 000, etc,) ;

Kids were in school ;

Businesses were booming with vibrant economy rated #1 in Africa after recapitalization ;

No illegal arrests or media trials ; etc.
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On 29 May, 2015, when he was 'Jega-ed' into power :

$1 = N315-510
£1 = N550-610 ;

Local car manufactures shut down their plants due to harsh operating economic conditions ;

Famine was unleashed on Nigerians and a bag of rice rose to N22, 000 ;

Minimum wage remained N18,000 ;

Kids dropped out of schools;

Businesses closed down and related ;

Millions lost their jobs ;
Inflation is in double digits, etc.

Just like in 1985, he's blaming corruption and his predecessor for the same mess he and others before him created within few months of assumption of office.

We are now in 2018, eagerly awaiting 2019 :

THE CHOICE IS OURS.

One repeats :


Very instructive!

Buhari doesn't know economy at all at!! He has some level of integrity but fails woefully in this most important area.

HungerMustGo:
Buhari doesn't know economy at all at!! He has some level of integrity but fails woefully in this most important area.

We need a new leader and let buhari go and rest bc he is old