₦airaland Forum

The room for improvement.

vanbonattel:
Same Tinubu that supported the emergence of this same buhari? He really raised the bar of idiocy in the nation politics

Don't worry, he will support Jonathan.

onyenze123:
Your opinion is sentimental. What you are proposing is that Buhari should enjoy himself and go since GEJ has in your opinion damaged the country beyond repair.
I am really not surprised by this, I pray Buhari will stay beyond 2023 so that people like you will learn the hard way.

Read and learn

http://www.premiumtimesng.com/news/headlines/209699-nigerian-govt-caused-economic-recession-emir-sanusi.html

Your problem is that you let people with malicious interest win you over so easily.
That trash link of SLS blaming the govt is one of such shìtty opinion winning you and your likes over. SLS as an ex-cbn governor has direct access to the presidency to give his supposedly 'good' advice. How come he seats in his palace watching the govt make what in his own opinion is bad policy then he goes to the papers to accuse? Have you ever asked yourself that simple question?
As for Buhari, I never implied he should seat tight and wait out his time. The man is managing the situation well. People just channel their fustration towards the govt unnecessarily.

onyenze123:
My sister no vex oh, are you a member of APC/this administration?

Do I need to be one to have or air my opinion? Just curious with your personnal question.

onyenze123:
Obama inherited a depressed economy. He was able to shoulder it and turn around the situation. Do you know US debt profile? Do you know how much Obama borrowed to invest in productive sector in order to turn things around? you are solely blaming the last administration (that made us the fastest growing economy the number 1 economy in africa) for the current recession we are facing. Let's even agree that it's GEJ fault. The answer I am longing to hear is: What is Buhari's (economic) plan? Where is the detailed plan to get us out of recession?

He is already burning N40bn drilling for non existent oil in lake chad basin when oil prices are low.

A man who created Forex subsidy for the rich and influential in the guise of defending naira has no plan for this country.

Asides spending of oil funds on questionable projects GEJ had no plan. It will be foolish to now expect Buhari to plan his own economic turn around with a debt ridden system. You now want Buhari to hit the streets and generate funds out of thin air right?

How much did our investments under GEJ yield? We all know almajiri sch, cassava bread and 'privatization' of naval force aren't investments.
It is common sense that to whom much is given, much is expected. Nigeria spent $217.2B in defending the Naira from 2002 to 2014. Half of those were expended under GEJ. That was how the economy was sustained under PDP rule. That's $16B/year average.
The simple truth is that there is no money to invest and it is nearly impossible to borrow further due crippling repayment obligations the current admin must shoulder.

onyenze123:
. . .
In fact borrowing to spend in productive sectors is how you come out of recession if you don't have money.
. . .

How much did our investments under GEJ yield? Is almajiri sch, cassava bread and 'privatization' of navy investments. Keep trying to defend the indefensible.
It is common sense that to whom much is given, much is expected. Nigeria spent $217.2B in defending the Naira from 2002 to 2014. Half of those were expended under GEJ. That was how the economy was sustained under PDP rule. That's $16B/year average.
The simple truth is that there is no money to invest and it is nearly impossible to borrow further due crippling repayment obligations the current admin must shoulder.
Are you going to deny that the borrowings under previous admin didn't contribute to JP Morgan delisting Nigeria too?
You need to think things through bro.

onyenze123:
The US (no. 1 economy) borrows money (from China). Borrowing is not the cause of recession. In fact borrowing to spend in productive sectors is how you come out of recession if you don't have money. Sadly, we cant even borrow because we are no longer credit worthy - JP Morgan and co delisted us courtesy of king Buhari economic policies. Recession is negative gross domestic product sustained in two progressive quarters. If Buhari had appointed his ministers and solid economic team (sadly, he has none ) on time we wouldn't be in this recession. we was more interested in media propaganda. That's why he appointed Garba n Femi to do the damage control of his image (sadly, they can't do this when he is abroad #theotherroom). No coherent economic policy, no plan for the future, all we hear - we are set to, we need to, we want to... The summary is that Buhari has failed

Recession is not a sudden process, it is gradual and debt hides recession. Iweala knew this when she warned of hard times ahead. Don't tell me she knew Buhari wasn't going to appoint minister after six months when she warned us. You need to think things through before typing man.

benzion72:
So if the local ones are not enough to feed your people, while not allow the foreign ones in phases 75%, 50%, 25% and 0% over a period of two years. There is a payback time. 2019 is at the corner. These people you are starving will not return you to suffer them again. A word is enough for the wise

Are u insinuating there is no rice in the market? Please explain.

abokibuhari:
afonja elements....

SMH

benzion72:
Where are the local ones?

They have been sold out on arrival. That alone says alot.

Kingsley10000:
na soludo or ngige

or the popular Emeka ofor?

onyenze123:
kwakwakwakwakwakwakwakwa.
prove it I state facts only

The simple fact that there was borrowing in order to keep up proves it. Have you asked yourself what if the present admin kept the borrowing pattern of previous admin, what would av happened? The recession would have be disguised as debt and it would have maliciously been tagged as "stagnant" by those who go by your standards.

onyenze123:
stagnant,

Liar.

Pre-programmed wailing still expected. Just watch them "enter the place".

The woman fired astray.

Booked

Even if the rice is allowed into the country it will face a far stiffer competition from the local one now . . .

Saraki should be sharing room with the Notorious Judges now . . . He is trying to play cheap politics here . . .

The diff between our old Presido and the current one clear . . .
All criminal must face justice

Contesting against who? Some people have their kolomental under robust insurance policy sha.

lilbazy:
Nigerians are just praying to survive till 2019...#operation kick out President Buhari is going to be fun.

Kick out Buhari for who? GEJ, Atiku, Saraki, Akpabio, Duke, Kwankwanso, El Rufai? You must be high on toothpaste and chewing stick.

The Corrupt Judges - the next hollywood thriller.

Could Alaafin be codedly trying to do suicide in this recession?

That's why I still have respect for Tinubu. He is that guy who raises the bar in terms of who steps forward to contest at the party level. He support the more competent hands often.
A quick look at the calibre of people PDP unleashed in the SW would explain better the advantage of Tinubu's influence.

https://i2.wp.com/nairametrics.com/wp-content/uploads/2015/01/Forex-Sales-2002-to-2014.png
How Money was spent.
Link

onyenze123:
No. it was no1 in africa

Sliding, improving, or stagnant?

Where is mama peace and that dancing man? Hope they are reading the papers? I like to hear their comments.

So true.

This man black oh.

Twittator Ben Bruce has spoken.
Fake Senator. always looking for cheap points on twitter. Has he paid his AMCON debt to help ease the recession pain?

vicchi12:
Can someone make m understand the part he said people walk upside down?

People see things differently. Some are capable of seeing beyond the physical.