oduastates:
This Mentality is why we will never develop.

No. Your own mentality is.

Within myself I was thinking, what's the chance of recovering say 20% of the fund in question? If only Buhari had succeeded in 2007 or 2011.

ikechu1:


So the writer should not speak the truth.
I wonder why una believe lying to yourself about Boko Haram is stopping Boko Haram.

I believe you don't believe yourself.

I call this epistle the venomous writhe and cry of a wounded ex-giant.
In Buhari, we saw a man who didn't wait until six weeks to Edo or Rivers polls for him to act with sense of urgency. We saw proactive leadership and not the reactionary one we are used to.

Larryfest:

That's just the anthem this useless government has been singing for over a year now but i really want to know that year in which we never consumed foreign goods

The difference between the other years and the Buhari years/last of Jonathan year is that there was dollar shortage to help sooth the pains of rising dollar rate.
The strategy of your nation when there was excess earnings was to sell the excess dollar at a cheaper rate than what it would have gone for. It helped Importers keep prices of goods down, and you & I were happier then. Right now there is no Dollar to subsidize forex. We didn't invest during the years of excesses. It may interest you to know that we spent over $200B between 2002 - 2014 in subsidizing dollars rate. It takes money to make money and right now there is no money to invest. The pressure of recurrent bills like workers salaries won't allow what's coming in to be utilized in industry.

What we consume as a country should for 1 industrial estate alone. We are far from it.

What we consume as a country should for 1 industrial estate alone. We are far from good.

LoveMachine:
Don't cheer when pipelines are bombed and then cry when our currency plummets. 8% of our gdp is oil but it is over 90% of our forex. This is what happens when the oil stops flowing. They wanted to cripple the economy well congrats to the morons in the creek. They have succeeded in killing thousands of black people by virtue of their actions.

Most people can't understand the harsh truth you wrote up there.

idupaul:
It will continue to decline as long as BUHARI is president .

No. It will decline as long as you and I consume foreign goods and service than we export. The practice before now was to use the large volume of oil $ to subsidize dollar rate.

tít has spoken like tít.

Hmmm . . .

obailala:
First of all, it is obvious you do not know the meaning of the word bigotry. Secondly, it means nothing if 10 or 100 blogs carry the same story in nigeria; even a primary school pupil with access to internet data knows that blogs in Nigeria do CTRL+C and CTRL+V from each other. If I ask you to do a google search and supply at least 5 of the so called outlets that conveyed the report, it would be obvious to you that 4 out of the 5 would be word for word reportage.

With the proliferation of lazy and dubious bloggers all over the place in Nigeria, smart people typically do a quick sense-check of what they read online especially as we have more falsehood circulating in cyberspace presently.

I've been asking you all day to rationalise the story you swallowed regarding the purported 20,000km of roads built by GEJ; 20,000km isn't 20km which could be hidden from public view, roads aren't economic statistics which can be hidden in paper, if there are even 10,000km roads built, it would be seen by all. Maybe i'm probably blind and my friends and relatives are also all blind, so kindly just help us out by mentioning the names of the roads you know that make up the 20,000km?.. Is that too much to ask of a smart person?

You should av known by now that the Jonathanians like abstract achievements. 12000MW of dark power, 20,000 of abstract roads, 10s of new universities that can't make top 1,000 in Africa, almajiri schools to people don't want education, Largest economy sustained on debt. The list of abstract achievement is endless.

Johnrake69:


In addition to the above, many Nigerians are not are aware or ignorant of the fact that from 2007 to 2015, that the Nigerian population actually increased by as much as 30million people. Many European countries don't have a population of 30million people, we have an unproductive population as a result of bad governance.

No doubt, the past administrations made a mess from 1960 to till date Which Buhari and Co happens to be part of. I hope the next time Drabeey, sheyguy, AntiWailer, obailala and Co come up with their usual analysis of the last administration's mismanagement of public funds, they should endeavor to factor in the above realities in other to have a more balanced perspective on the Nigerian problem. A single administration should not take the fall.

Stop supporting half smart people dude. Nigeria's debt is mostly in dollars. It makes sense that once the Naira depreciates against the dollar ( it did by almost 50% ), the equivalent in Naira will increase accordingly.
In my view it is wrong to translate the debt value to Naira when it will be paid with dollar. Remember OBJ debt payment, it was in dollar and the press didn't need to translate it to Naira because the money used to offset it didn't come from tax or Naira account. People politicize thing blindly alot.

AntiWailer:


They dont go in depth.

They read title and yarn dust.

Wailing isn't built on logical but emotional grounds. You think Adesina coined the term for nothing. When people are low emotionally(death, broke, accident) they wail. Sound logic of understanding can cure wailing, but hatred is an emotion so they wail endlessly.

sorextee:
Im sure, buhari frequent travels led to 85% of it..

The effect of inflation. N200/$ now N400/$ will easily double its Naira equivalent.

mrvitalis:
Wait just 2.7bn.. .? ?

And Mr Bruce was given 11bn and he was only able to create 500 jobs in 10 years

Nigerians, are their own problems... 10 of this ans u have 30000 jobs saving Nigeria billions in revenue.. . Producing cheap cloths for Nigerians and other Africans


Men what is our problem... Why can't Abia state government invest in this??

With ur post there hope for Naija.

MadamExcellency:
Never in history of any country has mouth (utterances) been used to end recession.

We need reforms and far reaching economic policies to get that done.

Buhari is a saver hence can't spend to get Nigeria out of recession.

We need a spender cum heavy borrower like GEJ.

APCsupporter:
Nop, it was soap

Mouth or body soap?

Zuria:
Well, "they" have stopped paying vandals

Who is "they"? I hope you are not referring to a party.

Read 40% of you article. Just letting you know.

APCsupporter:


Shut up, everyone is guilty when it comes to violence.

I sense you had toothpaste for lunch.

Islam and political/violence

SmartChoices:
Although I dislike violence..... but this could have been avoided if you people had not resorted to raping pillaging and murder of the amiable Enugu citizens who hosted you. Security agencies will not save you!

The strength of the heardsmen lies in the ability to quitely reinforce with more men and weapons before striking back. If what's happening in Enugu happens concurrently in 10 states, the herdsmen will find it hard to regroup and reinforce.

APCHaram:
The famous Groundnuts generated a total of 154,000 pounds.

Cocoa the same.

The only commodity that neared palm oil from the Niger Delta was Tin mining in Jos which wasn't even up to half of that realised from palm oil.

Can you people now shutup on that silly lie that your cocoa and groundnuts were used to develop the oil industry!

What happened between 1914 and 1950(34+years) window? No real conclusion can be made regarding who contributed more. We need cumulative figure spread round decades. We all know palm oil trade peaked before other cash crops.

Tallesty1:
Where are the already recovered funds?

They are being saved for the last paragraph of the article.

Boleyndynasty2:



Sir you need to stop all dis your blind support and tell this government the truth when it needs to be told. You're part of those deceiving this administration. Good morning

Thinking of what he said PDP will real mad they let this opportunity slip. They were contented with playing the victim along with the marginalized region and people of Ogoni for 16years.

Seun:
Religion strikes again. Instead of teaching people that spiritual powers aren't real, pastors promote them so they can say "but Jesus is greater!"

For though we walk in the flesh, we do not war after the flesh. - 2 Cor 10:3-5

A 70-year-old man accused of robbing a bank in Kansas told investigators he would rather be imprisoned than live with his wife.
Lawrence John Ripple gave a note to a Bank of Labor teller on Friday in Kansas City, Kansas, demanding cash and warning he had a gun, court documents say.
The teller complied with his demands and gave Ripple the money.




Source

So it true. RIP Tompolo senior.

importexpert:


i wish you success. if you have further questions they are always welcome.

Isn't mini-exportation more profitable than mini-importation in a time like this? If you export $1,000 of service or product that's N400K. In importation that will require some level of time, money, and marketting-effort investment.

Yeepy!
IB Jonascam! His manhood lives forever.
The project is about to commence and will last for more than 5 years. That's 2021 at best.

No surprises.