₦airaland Forum

You social investment program cannot contribute anything meaningful to the economy. A vibrant and industrialized economy will help the poor to create wealth and in turn prosper the economy. Sometimes I wonder how this osibanjo think between him and buhari I Don, t know who is more educated.

I Don, t understand why so wore is attacking on atiku, he is not the only residential aspirant.He should stop campaigning against atiku and tell us how to right the wrongs of this present administration.

Which one be Npdp again.if they want to decamp they should decamp to APC.

Probe the purchase of weapons under your administration and check facts if substandard weapons were given to soldiers.Going to maiduguri to hold the COAS conference to boast moral of soldiers is not the solution now.

Sarri should have allow Kante sit deeper(that is playing jorginho and Kante) we didn,t need to play for possession in this game just the way he played the Liverpool game. I think they underated tottenham.

I really don't, t understand even after Jonathan lost election almost four years ago is name is still causing commotion among APC e-thugs.

Nigerians are wiser, he opposed the creation of due process unit, yet the unit was created but that didn't, stop the inflation of contract from the obasanjo regime to buhari.Maybe he had better ideas.

This is technical knockout. A former pdp governor of 8 years riding on the supposed integrity of PMB. Them for slap am.

My friend out of N206B only N7B has been paid definitely nothing is happening on site.

Ovamboland:
The same second Niger bridge the ignorant IPOB haters, and emotionally challenged urchins say is a scam and nothing is happening at site is what their leaders are going to thank and prostate to Buhari for

but truth be told any government that comes to power be it pdp or APC will abandoned that secondbniger bridge project. let's be realistic.Nigeria is not bouyant enough for that except it is been concessioned.

Are you sure you read the data before posting. I had not seen this before I made this asertion and I was right.

asfrank:
please visit this site

https://www.indexmundi.com/facts/nigeria/import-volume-index

asfrank:
1. population is a double edge sword. when you have a population that has majority depending on Government, this 9ja situation is inevitable. check out China, they have a very large population, but they are still leading in world economy cus the manpower is not so dependent on government, same applies to US, in contrast check Brazil and India, though their situations are not as dire as that of Nigeria, but it's not still reflecting the size of the population.

Any any of these countries you mentioned us, china etc. Government policies always stimulate growth in the population. How many people in Nigerian that have bright ideas are bouyant enough to start their own business. We know that a large amount of people in this category are basically youth. They need government support with banks encouraged to give loans to young entrepreneurs atlow interest rate. But I forget our are not strong enough has they, ve been basterdized by implementation of TSA all in one swoop. The government therefore has to do it alone through CBN.

2. natural resources is an area where u will start blaming Gawon and every individual that followed him, up to Buhari, equally, if u want to be objective. they have made the country over reliant on Oil, forgetting to develop other natural resources, lit Tin, Ore, Agriculture nd a host of others.

He spoke about diversification but we all know his own idea about diversification is agriculture. As the resources in the north cannot be touched. What happened to the discovery of gold in kaduna.

3. issues like Technology you will have to be specific in what ways he has not done anything. remembering that state owned firms are not much again, cus they were sold under OBJ. I will understand government policies if u argue towards that line,

Tell his minister of science and technology to start performing. Most of this technology companies can be invited to Nigeria to start building plants here then you would see development in technology.

Brother In reality you have less import from our seaport now compared to the time obasanjo/Jonathan was there because of the ban on several items.the major problem is not really import but capital flight has many investors have lost confidence in this government policies.

asfrank:
ask yourself how much of importation was Nigerians doing by then. can u compare d demand for foreign exchange that was then with what is obtainable now? theory of demand nd supply should give you the answer. everybody in this country now is an importer. Check the activities at the sea ports. when the country can't manufacture most of the goods they consume or the rate at which they produce is not commensurate with the demand they import, and you need FX. again u are bringing these goods at a price that is already above the cost price Into the country cus the importer has to make profit. brother there are a lot of variables, some of these things it's better to explain verbally for me. the present government has their challenges based on current realities,

And before I forget,this six factors contributes to GDP growth as google is your friend.

1.Natural resources(this is why we called for restructuring so all states can harness they God given resources for better standard of living)

2.physical and capital infrastructure. ( in this area buhari tried as he is completing most project initiated by previous government, government is continium)

3.population or labor.

4.Human capital development. (this administration has failed in this area)

5.Technology.Buhari didn't, even go there.

6.Law.

asfrank:
Kai Brother don't say what u don't know because people are saying it. do u Know the term Value of Money? do u think $25 in 2002 can still afford you the same thing in 2018? there are a lot of variables that account for GDP growth. some of these things you don't just accept what the politicians say. use your own intellect also.

So please educate me how obasanjo was able to keep the dollar at $165 or there about when crude oil price had gone down and the military had basterdized our foreign reserves.

asfrank:
Kai Brother don't say what u don't know because people are saying it. do u Know the term Value of Money? do u think $25 in 2002 can still afford you the same thing in 2018? there are a lot of variables that account for GDP growth. some of these things you don't just accept what the politicians say. use your own intellect also.

"Also, the excuse of the collapse of world crude prices does not hold water. This is because the Fourth Republic took off in 1999 with crude oil selling for less than $20 per barrel and a Gross Domestic Product (GDP) growth at 0.58 per cent, according to National Bureau of Statistics (NBS) figures. Yet, the economy maintained a steady growth from that year, peaking at 15.33 per cent in 2002 when the average crude oil price was about $25".

Zombies really need to ready this and check fact, then go and ask obasanjo how he was able to stir the economy when crude oil price drop to $20 per barrel. A good leader doesn't, blame anyone for his failure.

But you survived for 16years while APC 3and half years has seen alot if not dead,hopeless.

77up:
Don't stress yourself too much , we are moving to the next level

You will die of hate. You think GEJ is your problem.

yarimo:
Shehu sani you are speaking for yourself for describing GOODLUCK jonathan as true democrat, majority of Nigerians knows him as man with dubious character.

This is not 2015 where we had a southern contesting against a northerner. Buhari should have worked hard for the 2019 election by embracing the SE from the onset. Jonathan embrace the north after he won the 2011 election even when they did not vote for him.

netpro:
Supporting President Buhari in 2019 remains the best deal for Ndigbo.

https://thewillnigeria.com/news/wp-content/uploads/2015/07/BUHARI-IGBO.png

God bless Nigeria!

A group that became vocal only when saraki defected from APC of course they are APC apologist.

Johnnyessence:
just to call the Attention of the general public that the anchor of ''kwara must change''(Abdulrazaq o hamzat) is a Apc Apologist. his lies and propaganda have been exposed already.

I Don, t understand when people say buhari is fighting corruption and hence he is to only person we trust not to steal our common wealth. But the question is will buhari not leave that sit again. It means if buhari leave there will be nobody to be entrust with our common wealth.I think at this point we should be building strong institutions that can itself fight off corruption. Checkout us and other First World countries, presidents are not voted to come and be fighting corruption.If you are corrupt as a public servant the system will fish you out, these are the laws I expected buhari to put in place in this is first four years.

Dickson is a thief. This is not about APC OR PDP it's about our commonwealth.

Udom is too weak to govern a state like akwa ibom.akpabio just put someone there he know he would be able to control or remove when the time comes. He had better take control of the state or else.

"Buhari announced that at least 15 million new jobs would be created in the next phase of his administration if re-elected."

This man don start again. 15 million new jobs or 15 million more job losses. In your first term you can not develop human capital which in the long run lead to economic growth. Well we have to choose a between fighting corruption via media trials or a leader that will bring prosperity through job creation/human capital development to the people.

They are called buharideens.

kennygee:
There is a difference between a slave and a follower. A follower is critical, admits when the leader is wrong and not doing well. A slave will follow blindly even to the slaughter house.

Which one you be?

Now they hide under ending saraki danasty in kwara to right. Who told you everyone hate saraki in kwara. Saraki should better go and learn from gov dickson how he did it if not it Lia Mohammed danasty will take over kwara.

The private sector are in for business to make profit,nobody will leave his country and come to invest in a country where government interfers.If they come to your country to invest x dollars they intend to make 3X dollars. We as a people we have to develop our own economy by industrialization where people have access to good loan for business. If not you complain pdp did 16 years nothing to show for it but I bet you APC will do 16 years and we will even be in a worse condition.A government that is ready to work for the people in the first four years the developmental indices will be there.

ImperialYoruba:
You all focus totally on govt and leave out private sector. Thieves that looted our treasury took the money out to improve and streghten economy in foreign lands. If they had invested the money here it would boost local industries, labour market and promote redistribution of wealth favorably. PDP ruined the economy.

4x4=16.
APC has only been there 4yrs and the damage done by PDP was so severe and deep that all the 4yrs APC has been occupied putting STOP-GAPS in places that leaked for 16yrs. That work is one quarter of PDP timeline in destruction. The gains of this Administration would be felt when it spends another quarter (4yrs).

Who would want to bring industries here where business conditions are not favourable. No electricity,no good road,etc.wr the citizens have to do it ourselves but not without government support. We have to encourage entrepreneurs,grant credit facilities and low interest loans to geniue business people. But this government is not serious about that. It's still business as usually. Who do you know.

mfm04622:
As long as you don't produce anything, your currency will always be weak! Simple! Solution is to increase what you produce and sell to other countries

Go and study your economics very well u will understand that for a country that Don, t produce anything and virtually import since it is cheaper to import than to produce here, then you will know we are in trouble.

GavelSlam:
There is absolutely nothing wrong with the dollar being at 365 as long as it is stable.

My friend buhari was never prepared for this presidency. He has no economy blueprint.As long as dollar is exchanged for 365 naira things will continue to be bad for Nigerians and good for politicians/FG.They earn in dollars (oil, importation payment etc).check how much it is to clear a car from our port, how many people can afford Belgium cars this days? If you want to lock up a tap you have to ensure you have plenty of water in storage that would take care of your needs.

SaintLucia:
Why did you omitted Buhari regime from 1983-85? Buhari/Idiagbo met petrol at 20Kobo and still left it at 20Kobo. The only regime that did not increase the price of petrol.

Like I said ask your parent how the country was in 1999 before PDP came to power. Ask them whether the refineries were working or not during Buhari/Idiagbo regime and why the previous governments after Buhari/Idiagbo regime continue to increase the price of petrol.

I Don, t need to ask anyone.google is your friend.

Gowon-1973: 6k to 8.45k (40.83%)
Murtala-1976: 8.45k to 9k (6.5%)
Obasanjo -Oct 1,1978: 9k to 15.3k (70%)
Shagari-Apr 20,1982: 15.3k to 20k (30.72%)
Babangida-Mar 31, 1986: 20k to 39.5k (97.5%)
Babangida-Apr 10, 1988: 39.5k to 42k (6.33%)
Babangida-Jan 1, 1989: 42k to 60k (42.86%)
Babangida- Mar 6, 1991: 60k to70k (16.67%)
Shonekan(82 days in power)-Nov 8, 1993: 70k to N5 (614.29%)
Abacha- Nov 22, 1993: N5 to N3.25k (price dropped 35%)
Abacha-Oct 2, 1994: N3.25k to N15 (361.54%)
Abacha-Oct 4, 1994: N15 to N11(price dropped 26.67%)
Abubakar-Dec 20, 1998: N11 toN25 (127.27%)
Abubakar-Jan 6,1999: N25 to N20(price dropped 25 %)
Obasanjo -June 1, 2000: N20 to N30 (50%)
Obasanjo-June 8, 2000: N30 to N22(price drops 26.67%)
Obasanjo-Jan 1, 2002: N22 to N26 (18.18%
Obasanjo-June, 2003: N26 to N42 (61.54%)
Obasanjo-May 29, 2004: N42 to N50 (19.05%)
Obasanjo-Aug 25, 2004: N50 to N65 (30%)
Obasanjo-May 27, 2007: N65 to N75 (15.39%)
Yar’ Adua-June, 2007: back to N65(price drops 15.39%)
Jonathan -Jan 1,2012: N65 to N141 (116.92%)
Jonathan – Jan 17, 2012: N141 to N97 (Price drops 31.21%)
Jonathan – Feb, 2015 N97 to N87 (price drops 10.31%)
Buhari – May 11, 2016: N87 to N145 (66.67%)
Yar’Adua was the only president who did not increase pump price of fuel. He reduced it from N75 to N65.

We had no problem buying fuel at N87 as purchasing power was equivalent.People could full their tanks during the last regime but go and fine out now as I know you hardly leave your house since you are a old man. People can hardly put Quater liter of fuel in their cars. Alot of people have abandoned their cars and Mr integrity that removed fuel subsidy telling us that it was for our good so our refineries can work we are in 2019 and yet we are still importing. Why make people suffer.


[quote author=SaintLucia post=73044512][/quote]

You actually had no answer for questions the idiot asked you. And if you where smart enough you would understand that inflation was on a steady rise during pdp 16 years in power but for APC 4 years we have seen rapid rise because one man think everyone is corrupt except himself.

SaintLucia:
One idiot from the other side of Nigeria was telling me to atikulate and I asked why? He said a litre of petrol was #97 under PDP, a bag of rice was #8K, a dollar was #197,

I quickly reminded him that it was above #200 toward the end of Jonathan regime, he continued that other commodities were cheaper under PDP.

As I was about to reply the idiot then the mother called him and that was when I discovered that the idiot mother was my junior colleague when I was in secondary school. I just told the idiot to ask the mother how much were the prices of those things he mentioned before PDP took over power from the military and what was the price they left them before handling power to Buhari.

I also told him to ask his mother to give him a sincere answer whether Nigeria was moving forward from the day the military handed power to PDP or not. Too many gullible children even on Nairaland who believe Buhari is the cause of their suffering.