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Splashme's Posts

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Politics › Re: You Are Respected Worldwide, Ban Ki-moon To Buhari by Splashme: 3:41pm On Sep 22, 2016
I almost believed this scam from their PUNCH newspaper until I read

"Buhari’s Special Adviser, Media and Publicity, Mr. Femi Adesina, [size=13pt]in a statement quoted[/size] Ban Ki-Moon as saying this during a bilateral meeting . . . "






PUNCH is a disgrace, I swear!
Politics › Re: Recession: Osinbajo, Governors In Crucial Meeting by Splashme:
[size=13pt]Buhari is Nigeria's worst and most confused
president since independence
[/size]
Politics › Re: Recession: Pat Utomi Blames Buhari by Splashme(op): 4:09pm On Sep 21, 2016
[size=13pt]It's a shame a man like Buhari
is Nigeria's President, honestly!
[/size]
Politics › Recession: Pat Utomi Blames Buhari by Splashme(op): 3:58pm On Sep 21, 2016
LAGOS— A FORMER presidential candidate, Prof Pat Utomi, has said the current economic crisis would have been avoided by the Federal Government, if proper policy choices were made, noting that the crash in oil prices was not enough to have resulted in recession.

He noted that if government had borrowed money against its assets, devalued early and applied intelligent leadership, Nigeria would not have been at a crossroad now.

Utomi, who said this, yesterday, in Lagos at the 2016 Men Summit convened by the Catholic Men Organisation of the Holy Family Catholic Church, FESTAC Town, said the collapse in oil prices ought not to have plunged the country into crisis, if the authorities had acted rightly.
He also took a retrospective look at most factors that led to recession in Nigeria and submitted that the attitude of the present government, in the face of the dwindling oil prices, scared investors away from the country.

His words: ‘’There is what we call the big man hamburger quotient which economists use to evaluate exchange rate. Macdonald hamburger in London is exactly the way it is in New York. How many naira will it take to produce this hamburger in Lagos and how many pounds will it exactly cost to produce it in London? This is what is called the big man hamburger quotient.

“At that time, the difference in Nigeria’s nominal exchange rate was there and because the major revenue was oil, whose prices had gone down, all that an intelligent leadership needed to do was to borrow against some assets, ensure they continue to fund things, use strong determination to make sure people don’t buy more than what they don’t need because that is part of what happened and ensure that there is confidence in the system so that people will know that the people in charge know what they are doing.

“That would have made people to start transacting normally. But they said how can we devalue? We will not devalue, people who have money and who wanted to bring in money felt that these people are about to make decision that might jeopardise our money tomorrow.

So they didn’t bring it. Even oil companies were not bringing back their receipts and Nigerians who were exporting were not bringing back, so there was a major crisis. Instead of the thing devaluing by 6 percent, it went down to what we are seeing. So it is self-inflicted and quality of leadership.’’

Responding to a question on the fete that befell defunct Bank PHB, Utomi said:’’ A country where justice is abused. The Yardaus wanted to steal the bank, they got CBN to devalue the bank so they can get their foreign partners and take over the bank. That was what happened. Regulatory functions are well abused in Nigeria and it is still going on.’’

Read more at: http://www.vanguardngr.com/2016/09/recession-govt-made-wrong-policy-choices-utomi/

Business › Re: Guinness Reports First Annual Loss In 30 Years by Splashme: 1:00pm On Sep 21, 2016
idupaul:
Same thing with 1984 ...Nigerians should look at the common denominator between 1984 and 2016 and therein lies our problem..
That denominator is not low oil prices ,it's not corruption ,it's not war. The negative denominator in both eras is just the personality Buhari .
Politics › Re: Buhari Wished Obama 'Happy Retirement'. Lady Replies Him After His Tweet by Splashme: 12:36pm On Sep 21, 2016
pacino26:
Like it should be yesterday. Can't wait
Politics › Re: Ngozi Okonjo-Iweala At The Clinton Global Initiative (Photos) by Splashme: 11:55am On Sep 21, 2016
hybridtm:
Kemi no get dat kind brain, to follow people like dis seatdown.. ..she go dey with her mate, like Terry G, Timaya, Tonto Dikeh.. .make dem dey discuss economic Mata.. ...
DULL WOMAN, WITH FINE ENGLISH =KEMI ADEOSUN
Politics › Re: Ekiti Court Sentences Herdsman To Two Years Imprisonment For Grazing by Splashme: 4:25pm On Sep 20, 2016
ajokebelle:
They should be taking them one by one like that jare. Well-done ekiti state !!! other states should follow.
Let's hear what the apologists will say again.
Politics › Re: Buhari And Wife In US With 108-Man Delegation Despite Recession by Splashme: 12:49pm On Sep 20, 2016
Cjrane2:
I don't know why it surprise anyone that Buhari don't care about Nigerians and their suffer suffer.

They are just after themselves while giving the gullible foolish masses empty promises
Politics › Re: Blame Niger Delta Militants For The Recession – Osinbajo by Splashme: 11:39am On Sep 20, 2016
RealAlfranco:
Osinbajo don turn full time wé ré .... As in his head e haff loose finish
Politics › Re: Buhari May Cut Fashola's Ministry To Give Way For Kachikwu by Splashme: 11:37am On Sep 20, 2016
mn
Politics › Re: Which Grade Can U Give Buhari's Administration by Splashme: 3:52pm On Sep 16, 2016
-F9

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Politics › Re: Buhari’s Plagiarized Speech In “change Begins With Me” by Splashme: 2:27pm On Sep 16, 2016
Shame on Nigeria.
This is the worst President ever to rule Nigeria
Politics › Re: Osinbajo, Ambode, Obaseki Visit Tinubu & Wife In His Bourdillon Mansion - Pics by Splashme: 12:49pm On Sep 16, 2016
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Politics › Re: Idia Ize-Iyamu Pictured With Fish Seller In Edo (photos) by Splashme: 12:09pm On Sep 16, 2016
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Politics › Re: Idia Ize-Iyamu Pictured With Fish Seller In Edo (photos) by Splashme:
Below are the real scammers . . . Nigeria's worst mistake ever.
Her illiterate archaic husband put Nigeria in a recession in 1984 and has repeated same in 2016.

Politics › Re: Ibrahim Shema Blasts EFCC For Declaring Him Wanted by Splashme: 9:15am On Sep 16, 2016
youngeagle:
They careless about your reputation Oga,all they care about is the media attention they are getting,as if they will achieve anything with all the noise....
Politics › Re: The Comrade In Oshiomhole Has Died, He's Now Wearing Imported Safari Suits -Wike by Splashme: 12:43pm On Sep 15, 2016
Adiola:
I so much lovve wike and he is my role model
Christianity Etc › Re: Kukah To Buhari: Nigerians Didnt Vote You To Blame Jonathan by Splashme: 12:38pm On Sep 15, 2016
Godsfavour001:
buhari is a failure
Politics › Re: Recession: Quit Now, PDP To Buhari by Splashme: 12:03pm On Sep 15, 2016
blueto:
The Truth.

Even if PDP a were bunch of peculators/looters like some people pontificate about them, but the fact that they demonstrated rationality, diligence proficiency in their administration is inconfutable and cozy.
For instance, some of Jonathan's policies and programmes were evaluated by the World Bank and other reputable int'l economic organisations as some of the most effective programmes of its kind globally.

Unlike certificateless cattle rearer, who suddenly became a preferred choice to a Ph.D holder due to some irrational resentments, came on board and started formulating and implementing policies that are inimical to the economy and making goofy statements that are also pernicious to the economy. Fired the major technocrats that kept the economy moving, and replaced them with unmerited northerners, party members, conjugal and consanguine relations.

To be frank, I don't foresee APC ruling for uninterrupted 16yrs like PDP did, because they are just unprepared for governance.
Politics › Re: Nigerians Vent Frustrations Against President Buhari - CNN by Splashme: 8:58am On Sep 15, 2016
mercichoco:
Change is a word that the dead, the living and the unborn will NEVER forget. Buhari has broken records for the wrong reasons.

God help this country, else we'll turn carnibals soonest.
Politics › Re: Epic Response Given To Pmb's Daughter On Twitter by Splashme: 3:25pm On Sep 14, 2016
Her father was the worst thing
to ever happen to Nigeria
Politics › Re: Nigerians Vent Frustrations Against President Buhari - CNN by Splashme: 3:08pm On Sep 14, 2016
[size=13pt]That illiterate Daura man is Nigeria's
worse curse
[/size]
Politics › Re: Buhari Has Lost His Memory – Fani-kayode by Splashme: 2:24pm On Sep 14, 2016
[size=13pt]Buhari is a curse to Nigeria[/size]
Politics › Re: Buhari Has Lost His Memory – Fani-kayode by Splashme: 12:35pm On Sep 14, 2016
Bujumbura:
Even our Vacant Pastor is tired
Travel › Re: Arik Airline Resumes Operations After Temporary Suspension by Splashme: 11:59am On Sep 14, 2016
ds
Travel › Re: Arik Airline Resumes Operations After Temporary Suspension by Splashme: 11:55am On Sep 14, 2016
[size=13pt]Buhari is a curse to Nigeria.

I have never felt ashamed as a Nigerian all my life than now
[/size]
Politics › Re: You Had Lost Your Memory- Fani-kayode Blast Buhari by Splashme: 10:59am On Sep 14, 2016
[size=13pt]That Daura old illiterate
has turned senile
[/size]
Politics › Re: Why Nigeria's Economy Is In Recession – Lai mohammed by Splashme: 10:50am On Sep 14, 2016
FowlYansh:
How did we even end up with this crop of leaders? undecided


I regret voting APC
If you ask me, na who I go ask?
Travel › Re: Blackout Hits Lagos International Airport For Over 2 Hours (Photos) by Splashme: 10:21am On Sep 14, 2016
PapaBrowne:
Can someone please call Goodluck Jonathan to put together a team to save Nigeria.

We totally at this point reject Buhari and his terrible band of dullards., We don't need to wait for an election. This guys just have to go.
Politics › Re: Have You Released Kabiru Sokoto? - HURIWA To Buhari by Splashme: 12:07pm On Sep 13, 2016
PehaKaso:
Fellow Southerners, una see we life na? Can we all now see what Northern Muslims can do?

Kabiru Sokoto just got a pat on the back for bombing a Church & killing scores of Christians.

Nnamdi Kanu, who has not harmed anyone, is in jail while Tompolo is wanted for winning & executing a contract for safeguarding oil installations in his father's backyard.

Does INJUSTICE have another meaning in Nigeria? Is Nigeria's so called UNITY still non negiotiable in the face of man's inhumanity to fellow men?

"And the man died in him who kept silent while evil prevails".......Prof Wole Soyinka.

#TIME TO BREAK UP NIGERIA!
Politics › Re: Buhari Invites Newspaper Editors. "A Package" To Be Given Out - Sahara Reporters by Splashme: 12:06pm On Sep 13, 2016
osinbanjoisaliar:
Chai, so even Saint Buhari knows how to share Ghana Must Go. My fellow Nigerians, it is Finished.

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