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Which Competent Ministers Should Buhari Retain? - Politics (6) - Nairaland

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Re: Which Competent Ministers Should Buhari Retain? by Nobody: 1:33pm On Apr 03, 2015
toluleke:
na your head correct pass and that head no go die...you sabi am..

Wish you same. Thanks.
Re: Which Competent Ministers Should Buhari Retain? by Zamzamiu: 1:38pm On Apr 03, 2015
Minister of Industry, Toyin Aganga.
Re: Which Competent Ministers Should Buhari Retain? by Nobody: 1:39pm On Apr 03, 2015
minister for agriculture
Re: Which Competent Ministers Should Buhari Retain? by Boyooosa(m): 1:39pm On Apr 03, 2015
Dakojo Eweoyela n Malicin Madu-eke grin


Modified:
Okonjo Oweala n her sister, Allison madueke are the first two persons i will REMOVE, cos they did not reflect their over-hyped competence.... I comment my reserve.

1 Like

Re: Which Competent Ministers Should Buhari Retain? by 989900: 1:41pm On Apr 03, 2015
Okonja Iweala is ya typical bretton woods economic hit-woman and a product of affirmative-action/quota-system for Africa. There is absolutely nothing about her.

The more I try to 'self-deny' the above (especially the affirmative-action/quota-system for Africa part), the more it stares right into my face. #sad sad
Re: Which Competent Ministers Should Buhari Retain? by afanide: 1:47pm On Apr 03, 2015
demelza:
This is obviously a huge joke


She's the brain behind our Economy boost..........
Re: Which Competent Ministers Should Buhari Retain? by ENIGMA24(m): 1:49pm On Apr 03, 2015
I don't Know all The Ministers But that Frog Called MUSILIU OBANIKORO should be Flogged Out of his ministerial Position....he Is a TUG!!
Re: Which Competent Ministers Should Buhari Retain? by Sweetguy25: 1:52pm On Apr 03, 2015
Alphonsocapone:
I dont understand why u keep calling NOI a better economist while her policies has almost dwindled nigerias economy.

Be specific. Which of her policies are dwindling the economy and how?
Re: Which Competent Ministers Should Buhari Retain? by Dee60: 1:54pm On Apr 03, 2015
[size=20pt]none.[/size]
Re: Which Competent Ministers Should Buhari Retain? by Rhea(f): 1:57pm On Apr 03, 2015
MayorofLagos:
Who in current administration cabinet do you think should be retained by Buhari?

Give name and their portfolio.

[size=14pt]None! They belong to this government. Nigeria has a fresh set of minds and brains that should be allowed to forge a new path for this country. Any member of this administration should not have anything to do with the incoming administration.[/size]

2 Likes

Re: Which Competent Ministers Should Buhari Retain? by Brozules(m): 2:01pm On Apr 03, 2015
Dr. Akinwumi Adeshina, Minister of Agriculture.
That man try,even Apc governor name an irrigation farm after him

1 Like

Re: Which Competent Ministers Should Buhari Retain? by omonnakoda: 2:06pm On Apr 03, 2015
usbcable:
Minister of trade and investment
Dr Olusegun Aganga

http://en.m.wikipedia.org/wiki/Olusegun_Olutoyin_Aganga
Rubbish
Re: Which Competent Ministers Should Buhari Retain? by omonnakoda: 2:07pm On Apr 03, 2015
Sweetguy25:


Be specific. Which of her policies are dwindling the economy and how?
Her Deficit budget strategy and failure to save while oil prices were high.Her renewed borrowing as well
Re: Which Competent Ministers Should Buhari Retain? by omonnakoda: 2:08pm On Apr 03, 2015
Brozules:
Dr. Akinwumi Adeshina, Minister of Agriculture.
That man try,even Apc governor name an irrigation farm after him
What is the IMPACT of his "TRY" we only see it on TV
Re: Which Competent Ministers Should Buhari Retain? by dybaba(m): 2:13pm On Apr 03, 2015
Dr. Akinwumi Adeshina
Minister of Agriculture

My best minister under Oga Jona.
Re: Which Competent Ministers Should Buhari Retain? by Sweetguy25: 2:16pm On Apr 03, 2015
omonnakoda:
Her Deficit budget strategy and failure to save while oil prices were high.Her renewed borrowing as well

And how did they negatively impact the economy?
Re: Which Competent Ministers Should Buhari Retain? by Sweetguy25: 2:17pm On Apr 03, 2015
omonnakoda:
Rubbish

You're calling Aganga rubbish? SMH for you.
Re: Which Competent Ministers Should Buhari Retain? by prof800(m): 2:17pm On Apr 03, 2015
Mynd44:

Please what has Akin Adesina done?

Stop hyping this guy abeg
tongue

Dr. Akinwumi Adeshina
Minister of Agriculture and Rural development.
Re: Which Competent Ministers Should Buhari Retain? by Nobody: 2:19pm On Apr 03, 2015
make Una dream on...as if Apc doesn't have members that can take up their portfolios.
Re: Which Competent Ministers Should Buhari Retain? by omonnakoda: 2:20pm On Apr 03, 2015
Sweetguy25:


You're calling Aganga rubbish? SMH for you.
Rubbish and nonsense, Every single one of them
Re: Which Competent Ministers Should Buhari Retain? by Rhozabeth(m): 2:21pm On Apr 03, 2015
CyberWolf:
You people will be disappointed..Buhari will spend his first 4 years pursuing personal vendetta against his perceived enemies without doing anything and we will see how the country will go from bad to worse..
Slowpoke! If he does not go after those who ve stolen money, where do you expect him to get the money to run this country and his administration?
Re: Which Competent Ministers Should Buhari Retain? by omonnakoda: 2:25pm On Apr 03, 2015
Sweetguy25:


And how did they negatively impact the economy?
Well we can see governments can't pay workers now that oil prices have crashed and government has no savings and if they tried to borrow now it would be more expensive. If workers are not getting paid they are not spending I would guess the impact of that on aggregate demand and growth would be obvious to any rational mind. Finally dwindling reserves means weakening of the naira, with rising prices in our import dependent economy. Again rising prices for unpaid workers is not quite a recipe for economic boom

1 Like

Re: Which Competent Ministers Should Buhari Retain? by CyberWolf: 2:29pm On Apr 03, 2015
Rhozabeth:

Slowpoke! If he does not go after those who ve stolen money, where do you expect him to get the money to run this country and his administration?
thunder fire you...ediot angry
Re: Which Competent Ministers Should Buhari Retain? by stevecantrell: 2:38pm On Apr 03, 2015
Iamsynord:
Minister of Health , Prof. Onyebuchi Chukwu, He did well in fighting Ebola.

I will also love to See Orubebe as The Minister of Information !!!

Minister of information isn't just about shouting in public with loud voice...

Let's make him town crier of Otuoke.

2 Likes

Re: Which Competent Ministers Should Buhari Retain? by Olasuposaheed(m): 2:55pm On Apr 03, 2015
He should recalled prof BAT NNAJI former minister of power

1 Like

Re: Which Competent Ministers Should Buhari Retain? by aresa: 2:59pm On Apr 03, 2015
None, tyey are all worthless and incompetent. !
Re: Which Competent Ministers Should Buhari Retain? by Jabia(m): 3:04pm On Apr 03, 2015
Personally, I'd like to see Prof. Barth Nnaji return. There's a caveat though. Nnaji currently owns a power generation or distribution company in Aba. It's the reason for his original removal. Can he possibly oversee a sector in which he is a stake holder? Would there be conflict of interest issues?

Time will tell...
Re: Which Competent Ministers Should Buhari Retain? by barajo(m): 3:05pm On Apr 03, 2015
minister of agriculture. my man of d yr
Re: Which Competent Ministers Should Buhari Retain? by kuzee(m): 3:08pm On Apr 03, 2015
FFK
Re: Which Competent Ministers Should Buhari Retain? by 4Play(m): 3:30pm On Apr 03, 2015
989900:

1. There are 2 ways to go if you can't comprehend, up your comprehension skills, or have me break it down for you like 'elementary'.
2. If OBJ could up our reserves from less than $5B in 1999 to $43b (while paying off debts and selling crude at an average of $35/barrel) in 2007, and Yar'Adua left us with $62b, and the present administration depleted that to $30b thereabout while incurring more debt, even though selling oil at an average of $100/barrel thereabout.
How can anyone commend the coordinating/finance minister?
Is the CBN totally autonomous off the finance ministry?
Did the Naira make any appreciable gain against the dollar while we were selling at $110+/barrel?
3. As per the oil subsidy, if you didn't watch the 'town hall' debate, go look for it and watch again, listen to NOI's explanation, and what Sanusi had to say about it then, and find out what he had to say about the sham later.
Going by your 'gloss', then there is no 'oil subsidy scam', just so we can vindicate NOI. smiley

I usually don't engage with the Nairaland naifs due to lack of time but I thought I spare some time today. You have not only spouted idiotic comments, you are now uttering downright falsehoods. NOI has little to do with foreign reserves as this is managed by the CBN. The Finance Minister has little or no operational control over the actions of the CBN governor. But to illustrate how you are symptomatic of the qunitessential Nigerian ignoramus, even using your moronic metric of assessing the Finance Minister's impact by reference to foreign reserves, NOI still passes with flying colours.

NOI was first appointed FM in July 2003, at the time foreign reserves were $7.6bn, and she left office in June 2006 when reserves stood at $36.5bn. An increase of $28.9bn. See source, at page 17: http://www.bmsa.us/admin/uploads/s0mYKb.pdf

She returned in July 2011 when reserves stood at $31.7bn and right now reserves are at $29.7bn, a fall of $2bn. Sources here: http://allafrica.com/stories/201107010445.html & [url]http://www.cenbank.org/IntOps/Reserve.asp?MoveDate=4/3/2015%207:08:27%20AM[/url]

In effect, her 2 tenures in office have seen a net accumulation of $26.9 billion dollars in reserves. So by your own metric, admittedly an economically illiterate one, NOI has been a success as far as Nigeria's reserves position is concerned!

You talked about paying off debt, are you talking about NOI's debt relief under OBJ? If you want to make a political argument that OBJ was better than GEJ, that's entirely different. I prefer OBJ to GEJ myself, but to spout this odious dross that NOI is incompetent beggars belief.

Just another word on reserves, what matters is the rate of change not the absolute price of crude oil. When prices increase significantly, reserves increase as well. The reason why reserves went up significantly between 2003 and 2008 is because of the huge leap in oil prices, OPEC benchmark price went from $28.1 per barrel in 2003 when NOI was appointed to $61 in 2006 when she left, a more than 100% increase. Prices were $107.46 when she was reappointed in 2011 and are now $49.22 - See source here: http://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/

As for the subsidy brouhaha, I will leave that for another day. What should be noted is that anyone who thinks Nigeria's oil subsidy was only 300bn Naira before she was appointed and suddenly leapt to 1.3 trillion Naira is hopelessly naive. Even more laughably, that 1.3 trillion Naira figure you cite was already news on the 4th of July 2011, NOI became minister on the 11th of July 2011

Fuel subsidy gulps N1.3 trillion in 2010

on July 04, 2011 / in Sweet Crude 10:18 pm / Comments

By Hector IGBIKIOWUBO
FUEL subsidy cost the Nigerian state N1.3 trillion (about $8.38 billion) in the 2010 fiscal year alone, about 25 per cent of the entire budget expenditure for the year under review. Last year, the approved amended and supplementary budget amounted to N5.159 trillion (about $33.2 billion)
- See source: http://www.vanguardngr.com/2011/07/fuel-subsidy-gulps-n1-3-trillion-in-2010/#sthash.edABpqwn.dpuf

1 Like

Re: Which Competent Ministers Should Buhari Retain? by Sweetguy25: 3:39pm On Apr 03, 2015
omonnakoda:
Well we can see governments can't pay workers now that oil prices have crashed and government has no savings and if they tried to borrow now it would be more expensive. If workers are not getting paid they are not spending I would guess the impact of that on aggregate demand and growth would be obvious to any rational mind. Finally dwindling reserves means weakening of the naira, with rising prices in our import dependent economy. Again rising prices for unpaid workers is not quite a recipe for economic boom

You should remember that it was under the administration of Okonjo Iweala in Obasanjo's government that our excess crude and foreign reserves shot up.
So what changed?
Have you ever asked why the federal government couldn't save much when crude prices were high? Did you know that it was state governments that demanded that savings in the ECA be shared among the three levels of government?
Blaming only Okonjo Iweala for the poor management of our foreign reserves reeks of ignorance. It is the central bank that manages our foreign reserves and the primary blame for poor mismanagement goes to the CBN governor and not the minister of finance.
States governors and commissioners of finance should be blamed for the mismanagement of their state revenues.
Under Okonjo, our economy has been restructured, various sectors of the economy have been properly assessed and valued.
Our IGR has also increased immensely.
The woman has done very well.
Re: Which Competent Ministers Should Buhari Retain? by Sweetguy25: 3:41pm On Apr 03, 2015
4Play:


I usually don't engage with the Nairaland naifs due to lack of time but I thought I spare some time today. You have not only spouted idiotic comments, you are now uttering downright falsehoods. NOI has little to do with foreign reserves as this is managed by the CBN. The Finance Minister has little or no operational control over the actions of the CBN governor. But to illustrate how you are symptomatic of the qunitessential Nigerian ignoramus, even using your moronic metric of assessing the Finance Minister's impact by reference to foreign reserves, NOI still passes with flying colours.

NOI was first appointed FM in July 2003, at the time foreign reserves were $7.6bn, and she left office in June 2006 when reserves stood at $36.5bn. An increase of $28.9bn. See source, at page 17: http://www.bmsa.us/admin/uploads/s0mYKb.pdf

She returned in July 2011 when reserves stood at $31.7bn and right now reserves are at $29.7bn, a fall of $2bn. Sources here: http://allafrica.com/stories/201107010445.html & [url]http://www.cenbank.org/IntOps/Reserve.asp?MoveDate=4/3/2015%207:08:27%20AM[/url]

In effect, her 2 tenures in office have seen a net accumulation of $26.9 billion dollars in reserves. So by your own metric, admittedly an economically illiterate one, NOI has been a success as far as Nigeria's reserves position is concerned!

You talked about paying off debt, are you talking about NOI's debt relief under OBJ? If you want to make a political argument that OBJ was better than GEJ, that's entirely different. I prefer OBJ to GEJ myself, but to spout this odious dross that NOI is incompetent beggars belief.

Just another word on reserves, what matters is the rate of change not the absolute price of crude oil. When prices increase significantly, reserves increase as well. The reason why reserves went up significantly between 2003 and 2008 is because of the huge leap in oil prices, OPEC benchmark price went from $28.1 per barrel in 2003 when NOI was appointed to $61 in 2006 when she left, a more than 100% increase. Prices were $107.46 when she was reappointed in 2011 and are now $49.22 - See source here: http://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/

As for the subsidy brouhaha, I will leave that for another day. What should be noted is that anyone who thinks Nigeria's oil subsidy was only 300bn Naira before she was appointed and suddenly leapt to 1.3 trillion Naira is hopelessly naive. Even more laughably, that 1.3 trillion Naira figure you cite was already news on the 4th of July 2011, NOI became minister on the 11th of July 2011


- See source: http://www.vanguardngr.com/2011/07/fuel-subsidy-gulps-n1-3-trillion-in-2010/#sthash.edABpqwn.dpuf


Exactly what I'm telling these ignorant people on this forum.

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