Agbegbaorogboye:

You mean Buhari spent $2.5bn to pay salaries and bail out states? Wonderful man!!
I agree Jonathan was profligate. But you have still not shown us Buhari's savings from 2018. Instead of crying about the bread Jonathan stole from Buhari, why don't you tell Buhari to take a cue from Obasanjo who met less than 20bn foreign reserves and zero ECA yet left a foreign reserve of over $45bn and an ECA of more than $8bn. Why must he complain about the circumstances of his birth instead of writing his own story.
There's always an excuse for failure. A million excuses rather.
He has done marvellous work in agriculture such that a bag of rice is now 30k among other farm produce prices skyrocketing. FYI, he met CPI at 9% and it's now 14%
He did marvelously well in infrastructure the Niger state gov had to close a state road due to the dilapidated state of federal roads.
SMEs are bubbling so much that private school teachers have not been paid for almost ten months. Sai Baba

My brother, you should say the above when Buhari leaves office. Then we'll discuss. We already saw how Jonathan reduced it to 2bn.

The agricultural reform is already yielding results. As for the price of rice, this was due to the closure of border, thereby boosting our our own product, which is an excellently idea. Currently, more and more people are venturing into the lucrative rice farming, which will soon lead to positive results, as supply becomes surplus.

Once supply becomes higher than demand, Nigeria will begin exporting rice, rather than importing.

This is a great development, unless you don't want our economy to grow.

What we need now is large scale production. Once these farmers make more money, they'll purchase machines that will foster large scale production.

Government is also helping them with grants and low-interest loans, which has been helpful. But Rome was not built a day.

Regarding infrastructure, even the worst critic of Buhari knows he's doing absolutely well.

God bless you.

Agbegbaorogboye:

Those who are asking for his resignation after being under his presidency for five years do so cause they see how incompetent and inefficient he is. If you mean only those who voted him have the right to ask for his removal, then it means those who do not have no business regarding him as their president. He called them 5% anyway.. Besides , how do you know it's out of hatred they are calling for his resignation and not out of patriotism? The secessionists see Nigeria as a fraud under Buhari. That's why they want out. The revolutionaries think the government is a fraud and a waste. They are all correct to an extent. He's a fraud because all his promises have failed to the last one. He needs to go away.

All your long alaye. I asked you a simple question. What manner of human being says something is a fraud and then protests its removal? Where's the sense in that? What manner of person protests the removal of a fraud only to remove it after running it for five years?
Your are just doing turnioiniown with your brain. Struggling to make sense of nonsense.
Ok. Since subsidy has been removed since March, where's the savings from the subsidy removal o?

Oh it's now that he's facing reality when he has pillaged debt on the nation and depleted the ECA. What a fantastic reality?

My brother, it doesn't work that way. You cannot just wake up and demand the resignation of the president, simply because you don't like him. Millions of people who voted him are okay, so the minority can do nothing but wait for his tenure to elapse.

As for the secessionists, let them follow the right channel if they want to secede. As far as the world knows, the people are protesting against police brutality.

Regarding fraud, I have replied to that already, even corrected you that Buhari wasn't saying there wasn't subsidy, but complaining about the fraud. I don't know if you missed that post.

Savings of the subsidy savings? LOL.. Is the money missing?

Regarding the Excess Crude Account, let me repost


My brother, due to the biting economy, President Mohammadu Buhari had to bailout states government, due to their inability to pay salaries.

President Mohammadu Buhari, being the masses president, will never sit and watch people go hungry due to their governors inability to pay salaries. So, he had to. The bailout was necessary. Note that this happened in the time of scarcity.

Meanwhile, Goodluck Jonathan met $20 billion, and in a period the country witnessed her most prosperous seasons.. Yet, they squandered $18bn, depleted the treasury pulse and left a meager $2.1bn for President Mohammadu Buhari.

And now, you guys want President Buhari to turn Nigeria to Dubai overnight?

My brother, make we fear God..

President Mohammadu Buhari has done a lot in agriculture, infrastructure, see the quality work going on across the federation, support of micro, small and medium enterprises, and others.. It shows he's there to work. It shows he's committed. How I wish President Buhari was the president when oil was trading around 90 to 100 USD..



I ready for you, my brother

Agbegbaorogboye:

See how English is doing you strong thing again. You are very poor in comprehension. Why didn't you take an extra second to read the next paragraph to see that relative poverty they are talking about is when measured against standard of living of other countries which has led them to grouping countries before giving them benchmarks? Chai!! English eee.
I'm not the one making the arguement. It's the researcher who decided that living above 380 naira a day means you're not poor. If you don't agree with the research. You're free to conduct yours.

FYI cost of living differs from country to country and even regions within a country can have different cost of living. Someone living on 300naira a day may be poor in Nigeria but not considered poor in Benin Republic. That's what the report means. Same arguement can hold for Lagos and jigawa.
Pls read and understand. Stop disgracing urself!!

My brother, your explanation is "one of the meanings" of relative POVERTY..

There are other meanings to it...

Relative Poverty also means, receiving, for instance, 50% less than average, which means, though can afford the basics, but not having enough money to afford things ABOVE THE BASICS..

In other words, IT'S NOT A MUST you leave your country or state or town to be relatively poor.

As long as majority of the people around you live better than you do, even if you can afford the basics, you are relatively poor, compared to those people.

You can be born in Lagos, raised in Lagos and still be relatively poor. You can be living in Jigawa all your life and still be relatively poor, as long as more people earn higher than you do. You don't have to go to Lagos to be relative poor.

But once you are unable to afford the basics, you are extremely poor. And all of them are poor. The only difference being that a relatively poor person can afford the basics, which is the minimum.

Agbegbaorogboye:

You mean if your employer asks for your resignation he's an opportunist? This dude self.
Do you know Buhari paid some outstanding subsidies from the Jonathan administration?
Now why would he pay a fraud he's been exposing since 2012.
Since subsidy is corruption, what is the efcc and icpc waiting for to clamp down on the perpetrators.
Buhari just removed the same endemic corruption five years after practising it. Is it safe to say him don chop belleful wan com throwaway the rest?
If that's the case, I think he should be impeached not asked to resign self

My brother, asking the president to resign, out of hatred, chanting revolution and secession are all opportunists voices. By the way, why are they calling for his resignation when the protest is about #ENDSARS, which the president looked into? Does it make any sense? How many of them voted him? Why use #EndSars as a front?

Regarding subsidy, My brother, like I said, stop misquoting the president. President Mohammadu Buhari wasn't actually against the subsidy, but the enormous fraud perpetrated. He didn't mean subsidy itself waa a fraud, but that it was used to siphon huge amounts of money, which was later proved right.

He even protested the removal. First, due to the plight of the people, and second, the destination of the funds earmarked for subsidy, was questioned. Especially as things were being done in secrecy and the latest massive corruption scandal, tied to the subsidy. They argued that it's better to continue with the subsidy than divert it to unknown "places"..

Even till now, President Mohammadu Buhari is against the removal. But as the reality of the economy and national debt becomes bolder, the president was left with no option but to succumb to pressure. No dollar to sustain the bill, and so on..

Agbegbaorogboye:

Good. So you also know the people that use it.
I speak Yoruba because I'm Yoruba. Understand?

My brother, I can also speak Yoruba even though I am not Yoruba.

Stay blessed

Agbegbaorogboye:

Sorry for your spambot experience. I guess the spambot is also averse to your lies. Even a robot is more rational than you are.
Stop confusing yourself. Absolute poverty is now outdated. BBC used it not NBS. Bla bla bla
At least you have rested from the oxfam data. Now you're struggling with NBS data and English. It's ok. You're making improvement albeit slow-wittedly. Na small small dem dey cure madness.
Las las you go get where I need you to be.

My brother, you are the one confusing yourself, not me, biko.. I told you the screenshot is from BBC. And "absolute poverty" being "outdated" is from NBS, not me.. It doesn't mean there's no extreme poverty.. Which is political.. Countries, especially developing countries, disagreeing with the world bank's $1.90 earnings-per-day benchmark. However, Nigeria's case is far below that $1.90.. It's currently at $ 0.98, which has sparked controversies.

According to the World Bank, if you're living on $1.90 a day or less, you're living in extreme poverty. Note that $1.90 is the benchmark, just like $0.98 is the benchmark for Nigeria, yet they are still considered to be living in extreme poverty. (See screenshot)

Also, just like I said, you can still be living above this benchmark and still be living in poverty, according to world bank(screenshot attached)..

Now this is CONTRARY to your claim that ABOVE the benchmark means above poverty, that's fallacy!

That aside, you can't argue that people living on 380 naira per day are not poor just because they are not below 380 naira. Doesn't make sense.

Agbegbaorogboye:

I don't care if wailer was your first word as a baby. What is not in doubt is the source.
You're fooling no one.

My brother, who dey talk about the source? I said I have been using it. Never said I was the source o.

God bless

Agbegbaorogboye:

You need to go back to school. You claim you criticize and also call them opportunist yet still say you're not opposed to that. What manner of tomfoolery is this?
Ok. Why don't you criticize Buhari the opportunist for removing the subsidy he previously claimed does not exist? At least you're not opposed to him

My brother, you go attack tire, lol.. I consider those ones calling for revolution, secession, and those calling for Buhari's resignation, as opportunists. They have hijacked the protest to further their own selfish and anti-national interests. These elements are big opportunists, my brother.

I will never support anyone whose purpose is to cause chaos for Nigeria.

Also, my brother, please stop misquoting President Buhari.

What President Buhari was against, if you follow his talks, is the extreme corruption going on through the subsidy. Right from 2012, President Mohammadu Buhari has been calling out the PDP for the fraud.

And he was subsequently proven right, after the "endemic corruption" was exposed..

But too bad, some people decided to spin it..

Nigeria must better

Agbegbaorogboye:

PDP failed to save for the rainy days. Yet Buhari met $2.1bn in the ECA account which he has now depleted to $70m. He met over $1bn in the NLNG account which has been blown already. He met another $1bn in the SWF which he was getting ready to pilfer away as usual.
Since you claimed PDP failed to save for the rainy day. And you also say Buhari's economy was buoyant in 2018. May I ask where is Buhari's savings from 2018?
This question still leads us to the same basic question just like the IBB scenario which you failed bombastically. Where is the difference?

My brother, due to the biting economy, President Mohammadu Buhari had to bailout states governors, due to their inability to pay salaries.

President Mohammadu Buhari, being the masses president, will never sit and watch people go hungry due to their governors inability to pay salaries. So, he had to. The bailout was necessary. Note that this happened in the time of scarcity.

Meanwhile, Goodluck Jonathan met $20 billion+, and in a period the country witnessed her most prosperous seasons.. Yet, they squandered $18bn+, depleted the treasury pulse and left a meager $2bn+ for President Mohammadu Buhari.

And now, you guys want President Buhari to turn Nigeria to Dubai overnight?

My brother, make we fear God..

President Mohammadu Buhari has done a lot in agriculture, infrastructure, see the quality work going on across the federation, support of micro, small and medium enterprises, and others.. It shows he's there to work. It shows he's committed. How I wish President Buhari was the president when oil was trading around 90 to 100 USD.

But Nigeria will be great.

Agbegbaorogboye:


You are suffering from English deficiency this man. I suggest you take remedial classes in English. So if one lives above the poverty line he is still poor. It's just like saying if JAMB cut-off is 200 and someone scored 201 he got above the cut-off but still failed. Your problem is English. I don't blame you. I blame your school.

PDP failed to save for the rainy days. Yet Buhari met $2.1bn in the ECA account which he has now depleted to $70m. He met over $1bn in the NLNG account which has been blown already. He met another $1bn in the SWF which he was getting ready to pilfer away as usual.
Since you claimed PDP failed to save for the rainy day. And you also say Buhari's economy was buoyant in 2018. May I ask where is Buhari's savings from 2018?
This question still leads us to the same basic question just like the IBB scenario which you failed bombastically. Where is the difference?

You are suffering from English deficiency this man. I suggest you take remedial classes in English.

My brother, in other words, all major Nigerian newspapers, international newspapers, including CNN, and the world bank website and I are all suffering from English deficiency, and you are the ONLY ONE VAST IN IT..

Jamb approved 160 as cutoff mark. Now the total score is 400..

If you score below 160, you have failed completely, extremely poor..

If you score 160, you still failed, however, you are within the cutoff range.. But most universities will reject you.

Even if you score 180, previous cutoff, you are still below average, even though you are above the cutoff mark.

Average is 200 mark..

Similarly, the NBS poverty and inequality stats, is on POVERTY, strictly..

There are upper and lower level poverty lines..

Annual lower line is 124,948..
Annual upper line is 137,430..

The CUTOFF MARK is 137,430 in the POVERTY scale..

According to NBS, the National Poverty Line is N137,430 or $361 per person, per annum, which translates to $ 0.98 or around 373 naira per day..

My friend, tell us something.. People on 380 naira per day are averagely rich to you? Note that this is the POVERTY LINE..

The 40.1% are BELOW THIS LINE.. Meaning, they live on less than 380 naira per day, which is absolutely poor.. It doesn't mean people living on 380, 390, 400, 450, 500, etc are averagely rich. They are still poor. Just that they are on the upper poverty line..

Agbegbaorogboye:


Oh so I hate president Buhari now. And for no just reason? I'm sure you love the protesters. That's why you called them opportunists. You didn't start the word wailer. It was started by the multiple cursed soul called Femi Adesina. You Buhari's supporters simply welcomed it and used it against anyone you think hates the president.
Like I said, I already dragged you out to show where you truly belong and to prove to you that you're no patriot. Just another random government bootlicker whose mouth is filled with crumbs.

My brother, like I said, I have been using "wailer" for ages. So, please. Look for someone else blackmail

Agbegbaorogboye:

From your screenshots
In 2010, the phrase "absolute poverty" was used to describe 57% of the populace.
In 2019 the word "poverty" was used to describe 40.1% of the populace.
The question to you now is based on your own previous exposition of types of poverty, is "absolute poverty" same as "poverty"

My other account was hit by spambot.


My brother, you are clearly confusing yourself here, LOL.. That is BBC screenshot, and it used "absolute" to refer to poverty below the upper line.. You google it..

Look well before you reply..

NBS said "The absolute poverty line for Nigeria was previously calculated in 2004 but has now become outdated"

Stat blessed

Agbegbaorogboye:

You get my point now?

You can't bring yourself to criticise him. Simple as that.

A brief history. Buhari said fuel subsidy is fraud. He said he doesn't understand fuel subsidy. From 2011 to 2015, he refused to attend the Council of State meeting where he could have been better enlightened on the subject. He kept on inciting the populace against the government of the day while collecting his dues as a former head of state without carrying out the responsibilities therein.

2020, he does the exact same thing he stood against in 2012 and claimed was a fraud.

Question is, whose time has been wasted in those eight years? His or the country's? If subsidy removal is a panacea to our downstream issues, do you know where we'll be by now if it had been carried out then? Fact is, he ended up sabotaging the country for his selfish interest.

At the end, Nigerians and Nigeria are the greatest loser. Hope you'll find the clarity to recognise a fraud when you see one.

Sorry, my main account was banned by the bot for posting link to the Reuters article.

Actually, Buhari was right.

What Buhari was alluding to was the lack of transparency, fraud, etc. The amount stolen almost rivaled the subsidy itself that the removal would have been better. Though I admit he exaggerated a bit, that's Politics. He's a politician. Politicians use hyperbole as a tool, it's necessary in politics.

According to findings by Reuters, Buhari was proven right.

A string of investigations, audits and committees were set-up to investigate the fuel subsidy scheme. The first major report was produced by the lower house of parliament and is shortly going to be delivered to Jonathan and his government.
The national oil company, central bank and other government agencies have defended themselves against some accusations.
Here is some of what the report said:

FINDINGS

The subsidy regime between 2009-2011, the period the report covers, was fraught with “endemic corruption and entrenched inefficiency”.
Investigators looking into the subsidy found importers were being paid for 59 million liters a day, while the country only consumes 35 million.
Mismanagement and theft by fuel marketers and government officials cost $6.8 billion over three years -- about a quarter of Nigeria’s annual budget.
Nigeria spent 2.587 trillion Nigerian naira ($16.46 billion) on the fuel subsidy in 2011, 900 pct more than the 245 billion naira in the budget. The overspend is equivalent to over half of the 2011 federal budget.
The state-owned oil company NNPC is accountable to no one. It owes the government 704 billion naira for various violations of the subsidy scheme and it owes a string of fuel traders, including Trafigura, $3.5 billion -- about the amount in the Excess Crude Account, meaning that Nigeria essentially has no savings.

Oil Minister Diezani Alison-Madueke has a conflict of interest by being both on the board of NNPC - a fuel importer - and the supervisor of the subsidy regulator, the Petroleum Products Pricing and Regulatory Agency (PPPRA).
The number of fuel importers rose from 5 in 2006 to 10 in 2007, 19 in 2008 and 140 in 2011. This decision taken by PPPRA was one of the biggest causes of fraud. Many firms only existed on paper and collected subsidies on fuel that never existed.
In one example of mismanagement, the accountant-general’s office made 128 subsidy payment transactions of 999 million naira each in the space of 24 hours between January 12-13 2009 -- equal to about $6.36 million almost every 10 minutes.

Inciting the people? That he protested the fraud doesn't mean he incited anyone. See how Buhari is being systematic in the removal, several relevant bills in place. Compared to PDP's abrupt approach.