₦airaland Forum

RobbStark:
Seyi Law, you are the man. Please take the red carpet, it's all yours broda.

2Baba, you fall hand big time. jus concentrate on your music for now and leave naija matter for peeps wit Fela spirit in them.


#ISTANDWITHNAIJA

NaijaFutbol:
lalasticlala

People need to know about this. FP please.

meanwhile:

#IStandWithNigeria

Hemanwel:
Imagine most organizations in Nigeria are not running on Diesel, they would have not only increased their workers' salary, they would have also expanded and created more jobs.

basilo101:
who takes gibberish from afonjas seriously these days, did we not warn them?

akoko11:
Good, I am very close to PH now to join them, Nigeria must be better enough is enough.
#istandwithnigeria

MadeInTokyo:
Seyi Law na real man you be




21 gun salutes for Seyi Law

Xano:
Their moral is high.

That's good, also Seyilaw is there.

GoggleB:
TuFace would have made history today if he held unto his words.

Benevee:
Now this is a real man


#istandwithseyilaw

Splinz:
Any broom waving demon that is standing against the progress of this country, no mercy; die by fire!!!

Splinz:
It is very possible. Why? If they could picked up judges on their own caprices, attempted a foiled kidnap of a harmless man like Apostle Suleiman etc, then who is 2baba that they can't pick up

veekid:
In Oliver Queen's voice; "innocent idibia, you have failed this country"

cash247:
Tuface fall people hand o!!! Why start what you can't finish? It'll make sense if it goes on without him. Shame go catch the guy no be small but the protest is not all about him anyways.

mazimee:
Unfortunately, his gun will not directly affect the politicians who plunged us all in this mess but rather his fellow poor citizens.

Hardship is biting harder in the country yet Femi Adesina claimed that those complaining are those who lost the election.

Jokerman:
Lol.... even in the president home town... they are deserting him....

what a colossal failure...

Danzakidakura:
this anyim guy is too intelligent, Allah ya ja zamani mazan jiya. I love you no homo.

ozoigbondu:
See this zombie. Apc and the dullard were the ones waving broom like hungry witches screaming change not oga Ben Bruce

paschu:
In a nutshell, three policy blunders destroyed the economy of the nation. And PMB was DIRECTLY responsible for all the three blunders. And, nope, the drop in oil price was not part of it.

1. Failing to unite the country; and provoking the Niger Delta uneccessarily

PMB, without any due consultations, terminated the survilence contract that had been handled by ND youths for years now. (By the way I heard that he had reawarded the contract to a notherner). As if that was not enough he cut down the budget for the armnesty programe and threatened to terminate the program altogether.

Of course this was after dividing the country into 97% and 5%. Mind you, sane people from around the world (and even here on NL) warned the govenment about its economic suscide mission. But they were too sturbborn and arrogant to listen to the voice of wisdom.

In fact they actually bombed ND with impunity, forgeting that there can never be prosperity where there is no peace. By the time the ND youths were done avenging whatever, the oil production had been virtually grounded. The country's major source of forex had just crumbled. And that was for several months.


2. Instigating massive capital flight and demolishing investors' confidence

Trump had 90% of his team up prior to his inaugration. But PMB took nearly six monrhs (AFTER his inaugration) to setup what can be termed Nigeria's worst cabinet since 1999. He even called them "noise makers" before their assembly. This delay in setting up the country's executive team made foreig direct investors to start looking elsewhere.

And by the time the presidency started demonizing and threathening everyone, the foreign investors started flying away in droves.Now add this to the fact that up till now this government does not have a seasoned economic team nor direction. This shows why official inflation rate got shoot up by more than 100% in a little over 1 year. (You certainly do not want to hear the unofficial rate).

3. Erratic approach to foreign exchange terms and other related policies.

First the govt. woke up one morning and decided that folks could no longer withdraw or deposite forex over the counter, thereby creating massive panic, confusion and more erossion of investor confidence. In fact many companies were blocked from accessing their funds in forex. But the govt. suddenly reversed this policy after creating nedless confusion. Talk of trial and error.

Later the case of needful devaluation (or free floating) of the Naira came up. But the presidency vowed that it would never happen thereby sending the remaining investors away.

Of course the govt. later shifted their position (after doing the damage) and claimed that they had adopted a free float system. But guess what? It's all a lie. Naira is still being pegged, though no longer at N199. However the investors are not fooled. So they are still not here.

Plus, when the import dependent economy could no longer be fueled with the scarce forex, the cost of production soared and so did the inflation, thereby crippling the production and GDP generally. Yet, all the while, interest rates remained high and wages were either slashed or owed.

And, mind you, while most manufacturers and importers could not access forex at reasonable rates and were therefore closing down their shops, some religious and connected folks were getting the stuff from the govt. at some obscene and insanely subsidized rates.

That's how we got here in a nutshell.

In conclusion...

Of course there is no way the previous govetnment (of seasoned technocrats) could have made any of the above three mistakes. And mind you those three mistakes are not actually distinct from each other. One simply led to the other until they translated to the vicious circle they are now. Unfortunately folks like you keep taking the night for the day.

konfused:
THIS IS EXACTLY WHAT HAPPENED IN 2015.
*During campaign*
APC: Young man what are you eating?
Nigerian: Rice
APC: Rice and what?
Nigerian: Rice and one meat.
APC: What are you drinking?
Nigerian: Fanta.
APC: This is bad, you deserve rice and beans with at least 5 meats and your choice drink.
Nigerian: Is that so?
APC: Yes. Make our candidate your cook and we will see to that and more.
*Nigerian votes. APC wins,
#Day 1*
APC: Food is ready.
Nigerian: What do we have.
APC: Beans and pure water.
Nigerian: No meat?
APC: No meat, I met the kitchen virtually empty.
*Nigerian eats*
#Day 2.
Nigerian: No food today?
APC: Nope, your cook travelled.
#Day 3
APC: Food don ready:
Nigerian: What do we have today?
APC: Beans.
Nigerian: No pure water?
APC: The last cook looted your kitchen.
#Day 4
Nigerian: No food today?
APC: Nope, your cook travelled. He's gone to recover your looted meat, bread, sugar and other cooking items.
Nigerian: But at least there should be something to eat.
APC: He used the remaining to fund his journey and repair his plane.
#Day 5
APC: Food is ready.
Nigerian: What did you cook?
APC: Cook kee, the economy is bad and oil price is nose diving so manage this garri, kuli kuli and milk.
Nigerian: So we can't afford beans now?
APC: The last cook used fulani herdsmen to destroy our ban and embarrass your new cook
Nigerian: No sugar?
APC: The last cook used all the sugar.
#Day 6
Nigerian: Wetin dey today.
APC: Garri dey... If you get money go use am buy kuli kuli and milk.

okosodko:
There was no looting under jonathan, it was just propaganda. The looting going on now is epic coupled with tribalism and injustice. Any currency will melt under these conditions

Agbaletu:
Many people will still apologize to GEJ before the end of 2017, I am 100% sure of that.
God bless GEJ!
We will always love you.
The whole country now know the difference between GEJ and PMB.
It is well with my country.

INTROVERT:
And now they want to stop OUR protest. The thunder that will fire all those security agents no get part 2



1paint of garri is 800
Dollar is 500
Kerosene that poor men use is over 300
Disel is up
Prices are up everywhere. Inflation is killing the country, all time high at almost 18%
Foreign direct investment dropped to ten year all time low
No light either.
People are hungry.
Girls are prostituting to survive
Our men have turned to beggars and armed robbers to survive.
Yet they are building vice president gate house for 250 million naira.
Politicians are just a bunch of thieves. APC AND PDP


THAT PROTEST MUST HOLD AND ANYONE WHO DO SENT LIKE IT SHOULD GO AND DIE.

nerodenero:
February 2015, it was FEBUHARI and fast forward two years after, it is FAILEDBUHARI. How time flies!!!

#Istandforgoodgovernance#

fulaniHERDSman:
Say no to police state.

6th FailedBUHARRI is the date ... protest we must!

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