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Pics From Buhari's Regime That Was Aired Live On AIT by korel9: 9:41pm On Jan 26, 2015 |
Buhari's regime was aired live on AIT and here are some pics I took Cc seun, obinoscopy, lalasticlala *modified. The pics no gree upload o |
Re: Pics From Buhari's Regime That Was Aired Live On AIT by excelme: 9:43pm On Jan 26, 2015 |
[size=20pt]Jonthan government is the worst in our history on the economy. - Charles Soludo[/size] We were reminded of Jonathan’s agricultural ‘revolution’. But someone cut in and noted that for all the propaganda, the growth rate of the agricultural sector in the last five years still remains far below the performance under Obasanjo. One of us reminded him that no other president had presided over the slaughter of about 15,000 people by insurgents in a peacetime; no other president earned up to 50% of the amount of resources the current government earned from oil and yet with very little outcomes; no other president had the rate of borrowing; none had significant forex earnings and yet did not add one penny to foreign reserves but losing international reserves at a time of boom; no other president had a depreciating exchange rate at a time of export boom; at no time in Nigeria’s history has poverty reached 71% (even under Abacha, it was 67 -70%); and under no other president did unemployment reach 24%. Surely, these are unprecedented records and he surely ‘outperformed’ his predecessors! What a satire! [size=20pt]My advice to President Jonathan and his handlers is to stop wasting their time trying to campaign on his job record. [/size] Despite presiding over the biggest oil boom in our history, it has not added one percentage point to the growth rate of GDP compared to the Obasanjo regime especially the 2003- 07 period. Obasanjo met GDP growth rate at 2% but averaged 7% within 2003- 07. The current government has been stuck at 6% despite an unprecedented oil boom. Income (GDP) growth has actually performed worse, and poverty escalated. This is the only government in our history where rapidly increasing government expenditure was associated with increasing poverty. The director general of NBS stated in his written press conference address in 2011 that about 112 million Nigerians were living in poverty. Is this the record to defend? |
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