₦airaland Forum

zegbeye:
All over the world each government is expected to have its economic policies and it is not out of place to find out what the Economy blue print of the APC led government is. Where was Buhari dishing out all his campaign promises from.

The problem with you Buhari supporters is the inability to fault any of GEJ policies without mentioning the vague word corruption like Buhari himself. This is because it was used as a weapon of propaganda during the election,but people are becoming wiser. Investigate,arrest and prosecute GEJ if anything is found against him and stop boring our ears with this mantra.
The writer is simply saying, adopt a multi prongs aproach to governance and not sitting idly on the roof top with a public address system screaming corruption! corruption! ! corruption! !!

Which single document whether hard copy or online contained GEJ Economic Blue Print.

Vague word corruption? it may be vague to GEJ devotees but the victims or casualties found it unmistakably disastrous!

Govt is a continuum and it is in disingenuous and uncharitable to suggest that the PMB administration has no economic blue print to work on. It is understandable if critics restrict themselves to examinining policy direction at the moment instead demanding for a policy bible.

For avoidance of doubt, the National Economic and Development Strategy which suffered an interregnum of corruption under GEJ is a frame of reference for the current administration.

Furthermore, President Buhari has insisted on operating the economy based on the constitution. Hence insistence on the STA. What people seem to be oblivious of is that the APC has adopted Every part of the constitution not just the STA clause hence the chapter 2 of 1999 Constitution provides a broad guideline for actions to be taken by all MDAs of govt going forward.

it will be recalled thatPMB directed the National Planning Commission to rejig the budget to reflect the above

Pursuant to the above, what you will see are policy directives in consonance with egalitarian principles of economic management.

it will be recalled thatPMB directed the National Planning Commission to rejig the budget to reflect a people oriented govt.

We also have to keep in mind that PMB is obligated to work with the Appropriation Act of 2015. And what can be done at the moment is damage control because the current direction of the economy is largely reinforced by an act of national assembly.

When you protect the economy only what you permit will come in for the benefit of the economy. pests will keep off and the economy will grow.


We can understand if literate people suffer partial alitracy due to years of dialectical abuses but it also puzzling to observe wiful denials of bold statement of purpose which PMB has kept faith with.

4Play:
By allowing the market to set the exchange rate as has been recommended by JP Morgan, the increase in import costs curbs dollar demand naturally whilst making Nigeria an attractive destination for foreign investors as the cheaper Naira denominated assets prove a lure. It is by this means that equilibrium is achieved as the Naira finds it natural rate at a better level than would be the case if a ham-fisted attempt is made by the CBN to fix a level.

All this will be obvious in due course.

Whynotthetruth:
Thanks bro...

Cc. TruthtoPower ... 989900

The problem with Wall Street bankers such as JP Morgan is total disconnect from latent but potent variables of macro-economics. little wander they continually engage in capitalist revelry until social factors burst their bubbles. Every economic recession/depression is traced to these disingenuous concepts. Roosevelt literally shut down banks to pull America out of the Great Depression . Alan Greenspan and Ben Bernanke , had to eat the humble pie of efficient market fairy tale when recession reached its abysmal nadir under George Bush in 2008.

Nigeria is in recession and as usual JP Morgan idea of perfect-market-self-regulation which never worked cannot help us.
read: mobile.nytimes.com/2009/09/06/magazine/06Economic-t.html?referrer=

The foremost critic of what you profess as the solution is a Nobel laureat, Prof Paul Krugman. see his profile before you compare him to World Bank operatives.
Read https://en.m.wikipedia.org/wiki/Paul_Krugman

If South Korea had had looked the way of Wall Street bond speculators (euphemistically referred to as investors) for advice its per capital would still be lower than Senagal. By 2005 South Korea had the 12th largest economy and her per Capita income overtook Senegal by nearly 1000% margin. They adjusted their balance of trade through drastic import substuition and invested heavily in education. The former can be achieved by CBN policy whilst the latter can be achieved by PMB proposal for increased capital expenditure.
Today whilst South Korea is hailed as a miracle, Wall street goons are coming out of "shock" as a result of the "collapse" of their "intellectual edifice" the bolded are attributed to Alan Greenspan. read the reference supplied - very long but highly engaging.

Now I understand why NOI did little to fix unemployment. Alas these Neo-classical economists actually believed that unemployment is a necessary index of development and it should not be fixed beyond its natural level.

Our advice to CBN is that it should pursue more rigorous fiscal policies as against monetary policies in the medium term and long term. Half measures will doom the march to recovery.

Every single lesson from recession indicates that equilibrium of exchange rate is not in anyway a function of market forces but a deliberate control of Purchasing Power dynamics by public instuition.

My advice to PMB critics is that the must endeavour to read beyond talking points of his chief detractors and to study the issues they intend to debate. All that I read from you guys are remarks on the symptoms of a our socioeconomic syndrome. The problem we have is beyond a couple of investors being disappointed over appointments or bonds. it is about the fundamentals that produce both bonds and and appointments.

When we hear you wail over these trifles, we feel reassured of our privilege to continue to dictate the pace of development until such time that you can come up with something original and fundamentally compelling.

agabaI23:
Mody, how far? You don recover? I agree with you that it cant be worse. This is because most of the things GEJ put in place will be maturing within his tenure assuming babaonechance do not kill em off. Ippis cannot be reversed therefore theft through ghost workers will be a thing of the past. I can go on.

But with the penchant for releasing acquitting and promoting who were fired or remanded in prison for terror related reasons, I don't really know. The latest beneficiary is a cleric who was in DSS custody for terror related offence. The police commissioner is a stale news.

I have represented accused persons who were described as terrorist. during trial no evidence was given to support the charge. even soldiers who described them as terrorists never showed in court.

If a man is complicit in abetting a crime, you don't just dismiss him you also charge him and jail him through evidence. see Col Hamid address to custom. But in the case u cited what manner of incompetence reduced an allegation of abetting terror to a mere dismissal from service or detention without trial.

The truth is GEJ appointees reversed themselves for want of evidence.

What you Wailers do not realize is that GEJ actually crafted great initiatives but sacrificed every single one of them on the altar of his greediest cronies. Even the so called Agric Transformation Agenda marred by large scale racketeering. How our local fertilizers company was undermined in favour of foreign ones. How about rice importation? you have no idea what local farmers were going through after being encouraged to produce.

Look at our balance of trade arrangement with other countries. you will be shocked that our export to china is negligible not up to 5% our total export. but our import from China is tops 40% of our total export. meanwhile debt under GEJ is 1/3 of all our debts since 1960. his tenure is just about 1/10. and shockingly, he earned more money from petroleum than all the administrations combined since 1980. Ask yourself how many social infrastructures were built for the masses. Don't go far capital expenditure never reached 30%! so GEJ govt, like its predecessors made money, borrowed money and consumed more than 70% of it.

But we are now being called upon to be grateful for that peanut and mock PMB for stopping the train of economic terror.

Give GEJ 100 year, they will simply undermine their own reforms through procurement racketeering. and once they are pushed out, what they have hindered from working will start working!

informationng.com/2015/09/ekiti-senator-confirms-buhariphobia-behind-improved-power-supply.html

mrvitalis:
The fact that the Nigerian government can't generate 15trn every year still surprises me
.....south Africa with a GDP of $350bn generates close to $100bn and we with a GDP of around $500bn struggle to make $50bn in a year.. .. .
Corruption has eaten this country dry

Good observation. meanwhile Okonjo Iweala has been bewailed as the best miracle worker after Holy Moses.

Ezemust:
your assumption is your assertion. your baseless assumptions is quite unbecoming.you clearly points out the ill of Gej and Noi the way you reasons and cleverly omitte any good. typical apc yes man.

Since you are on nairaland I will also assume you can comprehend a passage if you want and ignore it if you wish.

You GEJites do more wailing than talking. You behave like children who keep shouting "bobo juice is sweet" "who took my bobo" when you have opportunity to grow up and start a brewery or a distillery and turn lemon to lemonade. lol same set of GEJites want juicy posts. it is all about juice!

If you know your enemy as required in any battle, be it intellectual, political or physical, you will not lose battles like simpletons. Even if you lose, you would still be a worthy adversary or opponent.

I know you have the comprehensive capacity to be a worthy challenger and not a mere practice target in addressing grassroots tantrums.

Hence, whenever you read a post that challenges economic fundamentals of GEJ, whether you agree with it or not do not see it as partisan.
2. Never project good things of GEJ as a response to bad things of GEJ. each aspect of him can be discussed on their own merit.
3. GEJ is a person so is PMB, so move your debate to issues that concern you as a citizen. PDP spent its valuable time attacking APC personalities whilst APC cleverly led them on distracting them from the voters who will thumbprint the card readers and ballot papers
As at these moment, PDP has no central idea that will galvanize voters except a benighted call for fair hearing in corruption trial.
4. Bottomline,: develop a central idea you believe is lacking but compelling. build alliance around it. bingo APC has worthy challenger!

But wailing about lopsided appointment, unfairness of corruption and mocking a govt that is blocking leakeages for now is as good as resigning to mediocrity and perpetual 'wailinghood'

mind you, you can caution govt at the early stage if you have fears about its course of action. but when you tend to compare it with the past with a view to praising GEJ and mocking PMB, your fate as a wailer is forever sealed.

so rise up and take up number 4 above. Don't make APC think Nigerians have no credible or worthy alternative!

Whynotthetruth:
5)Can you be specific in what you mean by fiscal rascality and other such crimes as you listed?



7)I ask again what feeds your faith in buhari with regard to economic leadership?

The first allusions I made were to illustrate economic principles with everyday people as opposed to the guinea pig models of NOI. Guinea pig because the programmes were mere experiments in which the thesis, hypothesis and conclusion were rigged to reflect impractible economic scenario.

YouWin and SURE-P were based on high oil revenue! what if revenue crashed as it turned out? Both rescue efforts were foredoomed.

I LOVE SURE P and YouWin. but to think that anyone who read economics up to school cert could base social safety net on treacherous oil market is for me the height of insincerity. Who dare toy with destinies like that?!

The beneficiary of YouWin are grateful because it is like a jackpot. they had no collateral or interest to pay. so if the programme crashed, too bad, but but no cause of action.

SURE P labourers were not so lucky. some of them are still owed salaries or allowances of over 6 months. all because their hope was based on oil selling at over 90 dollars per barrel. the agony of dissapointment could have been addressed if NOI answered a simple question: What if the basis of our program (oil revenue) crashed?

I sat with a DG of a relevant agency in the early days of the programmes and he wandered what youths who were used to monthly sure p stipends would do if the programme crashed. Alas everyone in the racket thought the programme will at least be sustainable until after election when it would be scraped for economic exigencies. But it was just not possible to do when oil was doing 50 dollars per barrel.

The 'praise worthy' China was only too happy to cash in on our economic misfortune. Lesson for those who esteemed China as a father Xmas. Your free market at their mercy and cheap raw material is worth more than they could ever give you as loan.That is business!

I do not expect craftsmen of the whimiscal SURE P strategy to know better. mind you I said SURE P goal was good but the strategy was a textbook shipwreck right from drawing board.

I could imagine if shareholders of a company were misguided by their directord s the way NOI misguided GEJ and Nigerians, the resulting AGM will be dispersed in blackmarias and ambulances.

So much for SURE P and YouWin.

Excess Crude Account. The only body authorized to approve spending from this common purse of both Federal and State government is National Economic Council. The Council never approved spending but in a feat of fiscal rascality over 2 billion dollars was siphoned from this account.

On this I give you the full quote that "Power corrupts power, absolute power corrupts absolutely, there is no worse heresy than the view that the office sanctifies the holder of it" that decision was sanctified because the C in C commanded it according to NOI.

Private jets for minister of petroleum. haba we celebrate what sane societies consider as infamy. let British PM or Sec of Energy in US or praiseworthy Chinese minister try that in their country. I tell you, it would be more tolerable for Anini if that were done by them.

My brother, before man and God, if these corrupt acts were isolated, to one or two places some of us wld give GEJ a second look. Even PMB will tell Tinubu to give GEJ a chance. But everywhere you turn, you are mocked by people who wander at the necessity of writing proposal when you could just take the money by shouting GEJ till 2019.

It was as bad as hapless job seekers being swindled on recruitment fee, soldieis not being properly paid an equipped, etc.

Oh thieves are everywhere. And so what? why can't there be "honour among thieves" (pls Google this. and if possible read up Jeffrey Archer for prosaic illustration)

In light of the above you should see that our anger is purely based on lack of respect for GEJ and from GEJ, the Office he Occupied and ultimately the people who gave him a popular mandate in 2011.

My faith therefore is that we now have a President who respects us, respects himself, and he his respected (or dreaded) by all public servants. A president who suffers no fool gladly. as a public servant under his control you can try flouting laid down rule a and regulations at your own peril.

I know there are people who voted for PMB based on religious and ethnic sentiments. Many GEJ supporters also did this. But for many of us it was purely a democratic transaction. majority Public servants had become enemies of progress PMB is famous for taking on these class of criminals. Naturally, if I want to make progress, PMB is my choice not the man under whom Things Fell Apart. Why Anyone should take this transaction personal is what I don't understand.

PMB Economic management. once there is discipline, progress will either come from public initiative or private endeavours. that is my faith.

7lives:
Odikwa serious.

Nwa'nem, na wetin I see be dat o.

egift:
Replay Buhari vs Jonathan in 2015 - for one million times, I will still vote Buhari for President. God bless Nigeria.

IF it is Buhari V. GEJ, it is auto vote for Buhari till the fullness of age

dave2meek:
Try again

sorry about this. just check it on Google.

Whynotthetruth:
I am not treating power here yet...but if it is about body language... I hope he applies same to the economy because it isn't funny for now...

nice one. we shall see. I hope you will write a good book (in the fullness of time) like I counseled?

dave2meek:
The link is not click able

informationng.com/2015/09/ekiti-senator-confirms-buhariphobia-behind-improved-power-supply.html

are these Wailers, whynotthetruth, barcanista, mogidi, not shocked that the same distressed stakeholders in power sector contributed millions to PDP?

Isn't it better to sit on the fence instead of validating or legitimizing the atrocities of the last misadventure?

The allegation against PMB were deductions from his utterances. but the allegation GEJ speak for themselves in the obscene impunity of missing funds. Yet it was convenient for the Wailers to ignore the real life tragedies and create choruses of perfidy on mythical allegations.

Mogidi:
Why is his body odour language not working miracles in other sectors?

Miracles? the kind of demons in those sectors need prayer and fasting. no thanks to your hero for such demonic stranglehold.

Omotayor123:
Maggie

nice one

adedayourt:
source

source included

informationng.com/2015/09/ekiti-senator-confirms-buhariphobia-behind-improved-power-supply.html

Senator Raji Rassaki says the fear of the new administation led to improvement in power sector. that the sector, hitherto, witnessed insincerity on the part of stakeholders. it will be recalled that the stakeholder contributed millions to the ill-fated presidential bid. the contribution came from financially distressed investors in power sector after they received a heartwarming news of bailout. punchng.com/feature/power-talkback/pdp-fund-raising-consumers-fault-n5-5bn-donations-by-power-sector-players/

Whynotthetruth:
Looking at original post...what feeds your faith?

PDP senator, sponsored by Fayose (your hero), member of adhoc committee on power affirmed that the fear of PMB restored sanity to the power sector. challenge her for speakingTruthToPower. see her remarks here:
informationng.com/2015/09/ekiti-senator-confirms-buhariphobia-behind-improved-power-supply.html
"IT IS THE FEAR THST THE NEW ADMINISTRATION MIGHT MOVE AGAINST THEM LED TO THE IMPROVEMENT" IN POWER SUPPLY· NOW CHALLENGE HER IN LIGHT OF HER "CREDENTIALS" or this is an exception to your credential rule NOI case· 989900

Whynotthetruth:
Looking at original post...what feeds your faith?

Senator McCain Campaign came crashing in 2008 when he declared that the fundamentals of the American economy was strong. Wall Street collapsed before he had time to reflect on his press statement. When you hear the slogan 'it is the economy,stu.pid' as used by Clinton, it talks about soccer mums and Joe the plumber, how their families can get mortgage, health insurance, and purchasing power.

There must be connection between your statistics and the experience in the labour force (soccer mums and Joe the plumber)

Now hear this. NBS said 54% of Nigerian Youths were unemployed. (2012) According to the stats, it translates to 30 million. So the challenge before NOI and PDP was not rebasing GDP or bringing FDI. those are measures not results in policy articulation. the challenge was drastic reduction in employment rate. These implies doing something about inflation and lending rate for the sake of the challenge not as goals or ends of economic planning. Pls read Soludo on missing trillions. ignore the stealing aspect if you are not comfortable with that just concentrate on the relationship between measures and effect
vanguardngr.com/2015/02/ngozi-okonjo-iweala-missing-trillions-1-charles-soludo/
NOI et al promised 2 million jobs per year in order to address the deficit of 30 million. by 2019, 22 million would still be unemployed. When you add new entrants of 2million per year to it. The proposal of NOI did nothing!

So what is the point of YouWin SureP, FDI. Admittedly they benifited the individuals who got slices of the national cake just as political handouts benefit party footsoldiers.

My Faith: Discipline and fear of moral reproach! That is the starting point. GEJ govt by his own admission saw nothing wrong in Fiscal rascality. he abeted felony, to wit, embezzlement and extortion, hellooooo! others are guilty is not a defence!

The task before us is having kicked out indiscipline what can we do? That is in addition to the original plan of the new administration.

However if you believed your time is better served by romancing the corpse of a dead administration, it is your choice.

By the way, where do you think NOI is and what do you think she is doing? she is writing a book to tell the world that she is not responsible for the the documented crimes you are here claiming are nonexistent. Don't ask me how I know.

Whynotthetruth:
Every economy needs to be constantly maintained otherwise it will deteriorate with no end especially at a point of crisis like now...Buhari doesn't seem to acknowledge this fact hence allows our economy to slide away while fighting corruption in the newspapers

Cc. Hinwazaka ...TruthtoPower

Time shall tell.

989900:
Well done bro.

You did justice to it.

I was fatigued already when I saw his last comment . . . and I just 'tire' ; where do I start with him . . .

When you debate these wailing individuals, there is this nagging, eerie feeling that you are talking to real life devil's advocates or masquerades who probably amuse themselves with the chorus of infamy they chant all day and night!

Whynotthetruth:
You're dreaming ....Saints in socialism that aren't corrupt as capitalists yet they crumble their states with huge debts enslaving their generations unborn with nothing to show for it ...Osun, Oyo, Ogun etc are dying already... socialism is dream of lazy men and beggars ....What modern world practices such economic system anymore? ...

For your education Bernie sanders has forced Clinton to the socialist (left) wing of the Democrats. Clinton pleads guilty of being moderate on left wing issues. Obama won through socialist movement. Do not confuse socialism with communism.

France, Germany, Italy, South Africa, Ghana, Ireland, China, Cuba, Venezuela, Botswana are now under socialist govts. for further education read:
https://en.m.wikipedia.org/wiki/Socialist_International

As for the case of the states mentioned, the economic hemorrhage caused by " corruption is not stealing" and "how much did Nwobodo steal...money that cannot even buy..." (you understand me OK). such abetement of Felony hampered the progressive development of the states. IMO and Edo proved to be a radical departure from those who saw politics as a capitalist racketeering.

With your new knowledge of what socialism implies and those that are currently practicing it (all the world super powers - US, UK, France, China & Russia).

in the event that you failed to read my reference or it appears to long to read here is the summary.

Taxing the rich more and providing SOCIAL SAFETY NET for the poor is classic socialism. it involves strategic regulation of means of production for the benefit of a greater percentage of the citizenry who are able and willing to work. Not the corrupt predation of capitalists who profit from the sweat of the masses and oppress them with power.

PS. The Gospel of Jesus Christ which is now exemplified by the Pope and many Pentecostal missionaries is about social reonsibility for the benifit of humanity on the largest possible scale. the poor that you scorn because of your rich heros are like Lazarus.

Do not think GEJ never made attempt at socialism. SURE P was meant to tax the Rich and give to the Poor. But like everything else under him, corruption destroyed it. YouWin is now history because it was a whitewash that lacked concrete foundation.

As we have American Dream (Read New Deal under Franklin Roosevelt) so also can we have Nigerian Dream. If that is too noble and pious for the racketeering Wailers then ... good bye.

989900, omenka, good morning, gentlemen.

Whynotthetruth:
If @bolded wasn't effectively done by her, would you be here...hope you see what's happening to SME's now

Then@underlined, mouth action abi bragging has been sole merchandise of APC and supporters As reality dawns on them daily, they keep denying their campaign promises ...If buhari failed in economic leadership in his prime, what gives you assurance of miracles from him in this digital age...Stop dreaming and get real

I am here not because of what she did BUT IN SPITE OF what she did or failed, refused and neglected to do.

As for the campaign promise it just like you campaigning for GEJ. APC manifesto is clear. Whether PMB will succeed. He is a success already the ball is in our court to sustain and deepen the success. His success is not how many billionaires are created at the expense of the masses but how many billionaires yield their wealth for the benefit of the masses. This is the ideological difference between the capitalist govt of GEJ and the socialist govt of PMB. progress is logical with democratic socialists. Whilst it is an exception to the predatory regime of corrup capitalists.

He that sows breeze will reap whirlwind!

Whynotthetruth:
1)Did the investors that came or FDI that we had even from companies that ran sway more than 20yrs ago by default?

2)YOUWIN & other such programs that encouraged entrepreneurship was it not something?

3)Transparency brought to the economy, was it a hoax?

4)BOI soft loans was it not reasonable?

5)Inflation came down to single digit under her was it by default and even remained so during oil price recession notwithstanding Russia etc were crashing?

6)Agriculture got unprecedented attention under her and helped in achieving long awaited diversification... isn't it something?

7)Pharmaceutical manufacturing industries and co got government incentive for the first time since independence under her...isn't it commendable?

Hatred & bigotry blinds most of you...thanks and goodnight

I do not see how these tokens amount to a sufficient answer for the question of documented apocalypse in the economic sector. A man' s roof is leaking and the walls are cracking and someone had the temerity to remind us that the foreman is the serving dean of civil engineering at Harvard? what has that got to do with his complaint. for the individuals who are accustomed to poverty of imagination or benefited in such charade they can counsel the man to shut up and be grateful for the roof over his head.

By the way what was the benefit of Investors such As kellogs, Dunnants, Fords and Dows to America suffering masses in recesssion (1930S)? Tell me what the whole of JP morgan & Co at wall street did to save America from sliding into economic crisis in 2008. even if all the money in world bank and the the financial centres of Tokyo, London and Singapore are moved to Nigeria and they failed to address lending rate, unemployment and inflation, they are failures.
All these pale to tokens you want to flaunt as achievement.
Then all PMB has to do is to double those tokens and become a hero for you. For those of us who voted him we will not even accept "trippling" or "quadraupling" of your performance standard as an entry point for PMB. we are working with him to reduce what you think is excellent to a mere foot note in economic milestones of Nigeria after 3 years. All PMB has to do is to lock down corruption and insecurity to such an extent that will permit honest enterprise to thrive. even you will be able to publish a good book in the fullness of time (whether for or against our policies) This time your publisher will tell you write with FUNDAMENTAL facts and figures and not sentiments that may sell in Onitsha market literature.

Good night!

hinwazaka:
An economist who does not know the true debt service ratio in the country from 1960-2007 is no economist. Imagine an economist saying that we had paid our debts several times over before 2007. Henry Boyo is nothing but a fraud. As at 1997, our official external debt stock, stood at $27.012 billion. How in gods name, Mr boyo said we have serviced all our debts, with a sober mind is puzzling. He is in no way of NOI's standard. Why doesn't he go and get an appointment in world bank. If he could not see the brilliance behind, Madam NOI's economic strategy, then he should ask for a refund from his alma mata. What a joke.

If we take your post as a genuine observation order than a prejudiced retort then we owe you a duty of enlightenment.

Google the word Fallacy argumentum. you will notice ad hominen fallacy and appeal to authority.

What you should fault are the facts upon which he based his conclusion.

What is the lending rate? what is the expenditure ratio for both capital and recurrent? what is the inflation rate? what is the unemployment rate?

If there was no substantial improvement (between mere 10% -40%) in these indeces within 6 yrs. then you are free to glorify any one for whatever reason - certainly not on substantial growth. the only way out is to raise a defense of natural or some artificial disaster for a disastrous performance. that will be valid if verifiable.

Imagine what Aba entrepreneurs would do with favourable economic policies. rather the poor guys are reduced to importers of goods from China instead of job cteators. as we speak no accessible stimulus fund for them and no social safety net on any sustainable basis. SURE-P was based on treacherous oil prices!

WHAT IS THE NATIONWIDE INCENTIVE for job creation OR Sustainable economic relief under the Wizard of Bretton Woods (madam iweala)?
What percentage of our national budget was consumed by politicians and civil servants (who are no more than 10% of total population) and what percentage tricklef down on the remaining 90% as expenditure on human capital development? Google this. if after this you validate national poverty with World bank CVs, then, of course, we cannot have any debate in any connection to which socio-economic intelligence can be attached. What is left is tribalim or nepotism and we respect your choice to view the world you live in through this spectacle.

PS if the conditions under GEJ persist under PMB after 12 months, then the govt will have erred. After 3 years, it is a write off. no sentiment.

Hmmm. This Change self. How market?

Your voluntary confession is that your own man is a thief.

our own contention is that our men are innocent until you prove them guilty.

Legally, The burden of proof is on the accuser.

Your response is the textbook definition of blackmail. Whilst you had the power to act on these your accusations but you were only interested in threatening to expose those you suspected if they won't let you be - a call for "honour among thieves"

Our men dared you because they are convinced that they committed no crime - moral liabilities notwithstanding. no ground for conviction.

They got the power through mass cooperation and came after your men and you could do no more than blackmail after all you have been through.

Why should anyone reject the opportunity to clear his name? guilty conscience. The more you protest the more desperate you appear in evading justice.

We have no theives from whom you could demand honour! If you don't believe, bring evidence and team up with AIT, Sun and TI. The EFCC accuser in Senate is a remarkable example.

Nonybb:
[b]Anytime I see these evil trio the anger that consumes me is unimaginable. I dont just know the reasons why GEJ feared this people and conceded defeat, handed over everything to Tinubu empire and to Northern dynasty. He, Tinubu, choose Ambode, nominated Osibanjo and picked Buhari; only one individual, and now he is bringing his own list of ministers to be confirmed soon. Buhari the supposed man of intergrity, flaunting cabals within the seat of power. So shameful that you pride yourself as a leader who wants to fight corruption but proudly associate yourself with criminals and Lagos treasury looters. When do we get power back from these people; I mean we the people, not PDP. Look at Bisi laughing; evil men that took power through propaganda, with Liar Muhammad the wicked evil genius. Jonathan is really a wuss of a leader. This country is doomed; cabals are running things and we the people are so gullibe, shouting "Chanji!", "Chanji!", "Chanji!" what Chanji(Change)?? Let us kill GodFatherism first in this country[/b]

Anger is a natural trait of anyone with a keen sense of justice. The problem however is what is justice to one man maybe injustice to another. WHO BLOODY CARES? the strong says! But if a stronger person comes, there comes a problem. The leaders are not the problem but the followers who legitimize them because of their religion or ethnicity. The for us to have constructive change that we want, we the followers must proffer constructive solutions.

Passingshit:
For public services, effectiveness, not efficiency, is the first thing people look out for. Barca Vs Chelsea 2012?: ball possession was 80 - 20 but in the end Chelsea's one goal put Barca out of the competition. People want results, not just performance...that is why B is the right man for the job, irrespective of how he got the task done. You mentioned integrity but forgot that there's no way one can remove integrity from effectiveness. Mr A might be more patriotic but people would always look up to B because they want results. So Buhari sounded somehow self-centered and unprofessional when he said he appoints only his ''loyalists'', those who started with him from the bottom level. And this belies his claim of being for ''nobody but for everybody''. Come on, there are other ways he could have used to reward them for their services

I think we have a deal on your phrase"more patriotic". this very phrase is the yardstic for merit in any system where the job is essentially to KEEP AN EYE on what others are doing and relate the mind of the boss to the doers. It doesnot require erudition, just candour We can, otherwise, hire a quantum physist as a librarian or a prof of law as court clerk. But anyone who has not been to a court room might imagine that court registrars who sit close to the judge on the podium are more important than lawyers who sit at the bar. a corrupt system could make the registrars powerful. but an ideal system will give preeminence to the lawyers who debate with the judge. My brother I get your point and Your opinions are valid given our experience. However, we cannot be just in preempting a man who promised to restore the LEGAL sanctity of a system

kogirodent:
GEJ appointed Jega who he never knew from day 1. Why can't pmb do the same especially as it is clear that he doesnt know anybody outside Northern Nigeria? The president is just not concerned where his appointees come from. What truelly matters is how the president chooses to manage his appointees. Okonjo was well managed by OBJ but mis-used by GEJ. my point is, the leader determines how his appointee behave

GEJ led no movement upon which loyalty of many people could be tested. Jega was recommended by those who believed he would deliver. You are very correct on the ability of the President to control his staff. for power corrupts power and absolute power corrupts absolutely.