| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by zurine(f): 1:10pm On Jan 29, 2016 |
really? |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by nd07(m): 1:33pm On Jan 29, 2016 |
Thanks OP 4 ur article No4 & thank God u declared ur faction as APC. d problem d nation faces today is as a result of d greediness of APC officials. Okonjo Iweala clearly told parliamentarians & governors during her days in d office to set our benchmark on $47 & save d rest. ur party vehemently opposed it. that was one of d reasons why Amechi fought to lead d governor's forum. I watched live when a northern APC senator was angrily, without reservation abusing Iweala to d point of calling her derogatory names. ur APC insisted on "share d money" campaign. whatever a man sows, he shall reap. they thought they were working against PDP not knowing they'll soon b there. why r they crying foul 4 meeting an empty treasury? who made d treasury empty? 4 Likes |
|
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by odogwu125: 1:55pm On Jan 29, 2016 |
Lol, OP is a clown. Ur post is even in favour of NOI 1 Like |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by portals101: 2:36pm On Jan 29, 2016 |
GreatAgb:
This is an indication of the cluelessness of the present FG. Even before they got to power, the were aware of the tough times aheaD. They promised change. They came into power and yet the impact is growing by the day. What buffers have this govt put in place as sugGested by NOI?
On the economy, this govt has since slipped from grade D to E and are precariously at the edge of slipping to an epic Fail. I wonder how people reason? According to this post, the last government new of an impending doom, they fiddled while Rome burnt, you had no word for them, now you are blaming those cleaning out their mess. hian! 1 Like |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by 3rdlegxxx(m): 2:57pm On Jan 29, 2016 |
ijustdey:
I was expecting a debate of sound economic minds, logic and reasoning....
but, I could see is insult, abuse
when will we youths rise above personal hatred and ethical beef for each other and lets contribute to make this nation fulfill its potential Mr ijustdey, welcome to Nairaland, i have to go through the same thing every day, less intelligence and smart people with educative and reasonable comments, more people who just follow the crowd and blame every one blame able, never dropping reasonable points, never proffering solutions. |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by 3rdlegxxx(m): 3:05pm On Jan 29, 2016 |
koboko69:
Nna men....this people will stop at nothing to see Buhari fail! Forgetting that if Buhari fails....ordinary Nigerians like me yoy and them are the biggest loosers. This politicians have stashed so much money abroad....their children are abroad....while we keep defending them here. Your points deserves recognition bro, well said. 1 Like |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by papaejima1: 3:06pm On Jan 29, 2016 |
koboko69:
Dear mynd44 lalasticlala and seun. Wailiing Wailers in not an abuse or insult and have been officially used by renowned writers and even the presidents media aide and have been published on news papers.
I am simply reminding with wailing wailers/ipob that their goddess was already making noise even when oil was still $75 per barrel and she specifically noted we were going to start feeling drop in oil prices NOV 2014. Oil have been dropping ever since then....hence Magician Buhari needs to be given more time I am sure I wont be banned if I call you an "ineffectual buffoon" because it has been used by writers and globally renowned news outlets.  |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by Thessysol(m): 3:08pm On Jan 29, 2016 |
GreatAgb:
This is an indication of the cluelessness of the present FG. Even before they got to power, the were aware of the tough times aheaD. They promised change. They came into power and yet the impact is growing by the day. What buffers have this govt put in place as sugGested by NOI?
On the economy, this govt has since slipped from grade D to E and are precariously at the edge of slipping to an epic Fail. Would you rather we continued with the past administration? |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by Osakah24(m): 3:13pm On Jan 29, 2016 |
otokx:
We should learn to say our opinions and debate without throwing insults.
We should also when saying those opinions profer solutions on the way forward.
God Bless Nigeria. there are so many children on nairaland this days. |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by beejaay: 3:16pm On Jan 29, 2016 |
4Play:
On the subject of flashbacks:
http://www.bloomberg.com/news/articles/2014-09-30/nigeria-s-opposition-wants-to-scrap-sovereign-oil-funds
Is it not ironic that a party that who made it plainly clear that they are against maintaining a savings buffer against a potential fall in oil price now bemoan the lack of savings today?
Lets also remember that many APC run states, including Kemi Adeosun's Ogun state where she was commissioner of finance, were run as if oil prices will never fall. This explains why they have required bailouts. Remember this when you hear these partisan hacks try to pretend they are different from PDP. interesting |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by grandstar(m): 3:17pm On Jan 29, 2016 |
DelGardo:
Anyone with a bit of sense will know that this government is performing economic miracles given the massive fall in oil prices and the empty treasury they met.
We are on a steady march to a new Nigeria under a sincere and resolute leadership. The era of clueless and corrupt presidency is gone forever. Our task now is to make sure of that by raising the standards in 2019 after Buhari has laid the foundation.
We now have a leader! Sai Buhari. Buhari has his integrity intact but his economic policies are a disgrace. You are simply praising mediocrity. Sanusi and Soludo, both staunch Buharist hsve condemned his policies. Nobody is denying there is a crisis.But the government scores an F9 in managing it. The naira should hit 400 this year. The economy is finished. I am apolitical. GEJ was inept 1 Like |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by abbey621(m): 3:18pm On Jan 29, 2016 |
Every single day it's the same thing and by now even a newborn baby is aware of the disastrous consequences of the GEJ led government. It's time to move forward, let's give this government a chance to make things better and not condemn easily. By 2019 if things are not getting better then we can vote them out. No sentiments, no partiality; it doesn't matter if it's APC, PDP or ABC Nigerians now know that they have the power to topple any government! |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by scholes0(m): 3:19pm On Jan 29, 2016 |
Very Well said.....
I keep telling the Wailing Wailers the reality.... but ethnic bigotry will not let those people see anything right with this administration, regarless of the ineffectiveness of the previous, nor whatever you say. |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by Acidosis(m): 3:19pm On Jan 29, 2016 |
koboko69:
[s] [size=15pt]Brace for tougher times ahead, Okonjo-Iweala tells Nigerians[/size] -NOV 2014
http://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html
THE AIM OF DIGGING UP THIS ARTICLE:
Pleae note: Madam Okonjor made this assertions in November 2014.
1. This is to remind the Wailing Wailers who keep attacking the current minister of Finance that the ex Finance Minister whom they so much believe in and whom they believe would have been a messiah sounded the alarm of a very tough economy ahead even when oil was still as high as 76usd per barrel. Do I need to remind anyone the price of oil per barrel now?
2. The ex Minister of Finance only saw a need to block revenue leakages when Oil prices started dropping low. Was any action taken after her suggestion? No!!! Rather, despite the dwindling oil prices, CBN became am ATM to allies of the president, where raw Dollars/Naira where withdrawn/tansferred under the guise of phantom projects, bogus subsidy claims, arms procurements. Etc. Now we are suffering of dollar crunch.
Who came on board to block the leakages? The new Sheriff off course, President Buhari.
3. If at $76/per barrel, Madam Okonjor was already ringing bells, why do the Wailing Wailers expect a booming economy from a government which is less than a year in office, and currently selling oil at $28 per barrel? Rather than wailing, they should rather support the government in steps taken to move Nigeria forward.
4. Madam Okonjor needs to explain to Nigerians why Nigeria was not saving for the dry season when oil was sold well above $100 per barrel. What happened to all the revenues generated when oil was booming? We only had booming economy on papers, ordinary Nigerians never felt a booming economy under her watch.
To the Wailing Wailers:
President Buhari have succeeded in blocking a lot of revenue leakages, and is driving seriously for non oil revenue generations as it is evident in the changes made in the Nigeria Customs, FIRS, and the appointment of learned scholar Dr. kayode Fayemi as the minister of Solid minerals.Etc
We have also seen efforts to recover stolen money even though some term it political witch hunting. The almost dead EFCC whose duty was reduced to chasing Internet fraudsters popularly known as Yahoo boys have suddenly rosen up to their responsibilities. Fraudsters like Olisah Metuh, Dansuki and the likes are already feeling the heat.
Efforts to recover stollen money is also a form of blocking revenue leakages.
The fact remains that APC led government can not correct the 16 years rot of PDP in less than a year and it is illogical to blame the current economic woes on the newly elected president. Only the blind will not see President Buhari is really working to make Nigeria great again.
SO FAR SO GOOD, PRESIDENT BUHARI IS PERFORMING ECONOMIC MIRACLES, HE HAS NOT EVEN BORROWED TO PAY ANY SALARIES
God bless the Federal Rubublic of Nigeria
NB: I am a die hard APC supporter with No Apologies!!!!. [/s] 2 Likes |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by franklingud(m): 3:20pm On Jan 29, 2016 |
Ok die-hard fan, not my problem though. But why do they keep blaming GEJ for everything?
Even if trailer fall for mainland bridge, dem go blame GEJ or past administration.
They are reaping what they sow but they keep blaming GEJ.
Die-hard fan keep it up shaa!! 1 Like |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by philomental: 3:21pm On Jan 29, 2016 |
1 Like |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by peacengine(m): 3:22pm On Jan 29, 2016 |
NOI is a gem |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by free2blast(m): 3:27pm On Jan 29, 2016 |
GreatAgb:
This is an indication of the cluelessness of the present FG. Even before they got to power, the were aware of the tough times aheaD. They promised change. They came into power and yet the impact is growing by the day. What buffers have this govt put in place as sugGested by NOI?
On the economy, this govt has since slipped from grade D to E and are precariously at the edge of slipping to an epic Fail. In Shao Khan's voice " Dont make me laugh" ....Your question should be directed to the "INEFFECTUAL BUFFOON" who despite the warnings, went on a dollar jamboree just to remain in office. Wail on! |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by danielnomzy(m): 3:29pm On Jan 29, 2016 |
If u see something,make una say something |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by Elxandre(m): 3:30pm On Jan 29, 2016 |
Disgraceful Nigerian youths!
All you could come up with were reasons to substantiate and justify the bad times to come.
Let me also ask you, why isn't petrol sold for N30/liter despite the record plunge in oil prices now?
Was APC not screaming oil prices should have been pegged at N40/liter when GEJ was president?
The, saddening thing is youths would rather claim political affiliation and loyalty, instead of a unified commitment to common sense! |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by DonCaleb: 3:31pm On Jan 29, 2016 |
R-E-V-E-A-L-E-D!!!
ECONOMY: Buhari And His Party Worked Hard For Its Destruction Before Winning The Presidency.
Less than four years ago, during Dr Goodluck Jonathan's administration, global oil price was around $100 per barrel on average. Former finance minister, Dr Ngozi Okonjo-Iweala advised the Federal and state governments to save money for the rainy day. She warned that there will be economic crunch like the world experienced in 2007 to 2010. She saw this coming as her prediction is what Nigeria is experiencing today.
General Buhari accused the then government of deliberately trying to starve Nigerians and being insensitive to the plight of the people and asked them to share the saving among the States and LGAs.
APC and her governors dragged her and Jonathan's government to Supreme court, the court judgement went in APC Governors' favour because the constitution drafted by the Military in 1999 did not give room for saving for future.
Government shared the money with state governments after APC and her lying machinery and press told the gullible ones that Jonathan wanted to save money for election campaign. Governors squandered the funds, only a few like Senator Godswill Akpabio, Peter Obi et al saved an constructed meaningful projects.
Today Nigeria's economy is bad and tumbling down, nobody recalls that Okonjo-Iweala warned us ahead of time to save for rainy days. The gullible ones of the broom persuasion are busy calling the best finance minister Nigeria ever had unpleasant names while the world is recognizing her sterling leadership qualities after she shot Nigeria's economy to the top of the African continent for the first time.
Our economy is going down, down in eight months as everything has turned out so bad. Buhari told the world that he will stabilize oil price globally, he should keep to his promise and stabilize it as a barrel of oil crashed to $27. With this downward change, is this how $1 is going to equal N1? As it is N300 to a US Dollar today." - Saviola Godwyn - Hope For Nigeria. 3 Likes |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by praise2009: 3:32pm On Jan 29, 2016 |
PLEASE TELL THEM OOOOOOOOOOO
THIS MAN CANNOT DO MIRACLES
GOD BLESS FEDERAL REPUBLIC OF NIGERIA
GOD BLESS PRESIDENT M. BUHARI
GOD BLESS MEMBERS OF HIS CABINET
GOD BLESS EVERYONE
GOD BLESS MY HOUSEHOLD
THANKS |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by goodgate: 3:33pm On Jan 29, 2016 |
INTROVERT:
This article would have made more sense if the OP did not seek to blatantly attack perceived enemies. He did not attack anybody,but spoke the Truth. The article made a lot of SENSE. 3 Likes 1 Share |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by fallout87: 3:39pm On Jan 29, 2016 |
All this process is this current government is rubbish and that Okonjo Iweala was truly a remarkable person.
It also proves how poorly those who have been educated in Nigeria truly are. Since when is it the Finance ministers duties in this present system of governance to enforce States government diversify their resources, production and workforce?
Seriously, someone... any one of your best APC answer that?
Beat in mind the structure of how government is tan in Nigeria. The limited ability of ministers to affect individual States without the Governors involvement, etc.. 1 Like |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by Rolings: 3:41pm On Jan 29, 2016 |
GreatAgb:
This is an indication of the cluelessness of the present FG. Even before they got to power, the were aware of the tough times aheaD. They promised change. They came into power and yet the impact is growing by the day. What buffers have this govt put in place as sugGested by NOI?
On the economy, this govt has since slipped from grade D to E and are precariously at the edge of slipping to an epic Fail. Yes they promised change and are giving change. Though NOI suggested blocking revenue leakages as far back as 2014 neither she nor GEJ made any moves to block the leakages but PMB has done that..... that is change. Asking what buffer has been out in place? Let the budget get passed and you will see. Liar the economy is doing fine unlike other nations that depend on oil like Nigeria , just ask Google. |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by wristbangle: 3:45pm On Jan 29, 2016 |
The OP produced a "Neat" article. Kudos! Sameer1212 your contribution is needed.  |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by smartwilly4eva: 3:52pm On Jan 29, 2016 |
GreatAgb:
This is an indication of the cluelessness of the present FG. Even before they got to power, the were aware of the tough times aheaD. They promised change. They came into power and yet the impact is growing by the day. What buffers have this govt put in place as sugGested by NOI?
On the economy, this govt has since slipped from grade D to E and are precariously at the edge of slipping to an epic Fail. If you accept that the formal government under pdp did not lay a solid economic foundation even when the coordinating minister alerted them about the looming economic hardship as at 2014 when the oil price was still at 75$ per barrel then you will not expect our able president to do magic and turn things around in just 7 months, the destruction that was carried out for 16 full years. He is laying a very good foundation for the future or do you want us to finish every thing today? Pls Nigerians let us endure for better tomorrow. |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by Nobody: 4:01pm On Jan 29, 2016 |
DelGardo:
Anyone with a bit of sense will know that this government is performing economic miracles given the massive fall in oil prices and the empty treasury they met.
We are on a steady march to a new Nigeria under a sincere and resolute leadership. The era of clueless and corrupt presidency is gone forever. Our task now is to make sure of that by raising the standards in 2019 after Buhari has laid the foundation.
We now have a leader! Sai Buhari. Exactly. Just compare the cad to naira ever since this oil drop then we'll all see naija is handling this thing better. Cad gets weaker to the naira each day |
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by Kingspin(m): 4:01pm On Jan 29, 2016 |
koboko69:
[size=15pt]Brace for tougher times ahead, Okonjo-Iweala tells Nigerians[/size] -NOV 2014
http://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html
THE AIM OF DIGGING UP THIS ARTICLE:
Pleae note: Madam Okonjor made this assertions in November 2014.
1. This is to remind the Wailing Wailers who keep attacking the current minister of Finance that the ex Finance Minister whom they so much believe in and whom they believe would have been a messiah sounded the alarm of a very tough economy ahead even when oil was still as high as 76usd per barrel. Do I need to remind anyone the price of oil per barrel now?
2. The ex Minister of Finance only saw a need to block revenue leakages when Oil prices started dropping low. Was any action taken after her suggestion? No!!! Rather, despite the dwindling oil prices, CBN became am ATM to allies of the president, where raw Dollars/Naira where withdrawn/tansferred under the guise of phantom projects, bogus subsidy claims, arms procurements. Etc. Now we are suffering of dollar crunch.
Who came on board to block the leakages? The new Sheriff off course, President Buhari.
3. If at $76/per barrel, Madam Okonjor was already ringing bells, why do the Wailing Wailers expect a booming economy from a government which is less than a year in office, and currently selling oil at $28 per barrel? Rather than wailing, they should rather support the government in steps taken to move Nigeria forward.
4. Madam Okonjor needs to explain to Nigerians why Nigeria was not saving for the dry season when oil was sold well above $100 per barrel. What happened to all the revenues generated when oil was booming? We only had booming economy on papers, ordinary Nigerians never felt a booming economy under her watch.
To the Wailing Wailers:
President Buhari have succeeded in blocking a lot of revenue leakages, and is driving seriously for non oil revenue generations as it is evident in the changes made in the Nigeria Customs, FIRS, and the appointment of learned scholar Dr. kayode Fayemi as the minister of Solid minerals.Etc
We have also seen efforts to recover stolen money even though some term it political witch hunting. The almost dead EFCC whose duty was reduced to chasing Internet fraudsters popularly known as Yahoo boys have suddenly rosen up to their responsibilities. Fraudsters like Olisah Metuh, Dansuki and the likes are already feeling the heat.
Efforts to recover stollen money is also a form of blocking revenue leakages.
The fact remains that APC led government can not correct the 16 years rot of PDP in less than a year and it is illogical to blame the current economic woes on the newly elected president. Only the blind will not see President Buhari is really working to make Nigeria great again.
SO FAR SO GOOD, PRESIDENT BUHARI IS PERFORMING ECONOMIC MIRACLES, HE HAS NOT EVEN BORROWED TO PAY ANY SALARIES
God bless the Federal Rubublic of Nigeria
NB: I am a die hard APC supporter with No Apologies!!!! That is Nigerians for you always hoping and wishing but at the end of 4years no genuine change to build a country. Politics, non indigen aka no man's man, relig-tribal war, divide and rule will still win and rule. The country has a collective problem and solution to stand a chance. |
|
| Re: What Okonjo-Iweala Said When Oil Was $76 Per Barrel (Flash Back) by chudyboy05(m): 4:08pm On Jan 29, 2016 |
koboko69:
[size=15pt]Brace for tougher times ahead, Okonjo-Iweala tells Nigerians[/size] -NOV 2014
http://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html
THE AIM OF DIGGING UP THIS ARTICLE:
Pleae note: Madam Okonjor made this assertions in November 2014.
1. This is to remind the Wailing Wailers who keep attacking the current minister of Finance that the ex Finance Minister whom they so much believe in and whom they believe would have been a messiah sounded the alarm of a very tough economy ahead even when oil was still as high as 76usd per barrel. Do I need to remind anyone the price of oil per barrel now?
2. The ex Minister of Finance only saw a need to block revenue leakages when Oil prices started dropping low. Was any action taken after her suggestion? No!!! Rather, despite the dwindling oil prices, CBN became am ATM to allies of the president, where raw Dollars/Naira where withdrawn/tansferred under the guise of phantom projects, bogus subsidy claims, arms procurements. Etc. Now we are suffering of dollar crunch.
Who came on board to block the leakages? The new Sheriff off course, President Buhari.
3. If at $76/per barrel, Madam Okonjor was already ringing bells, why do the Wailing Wailers expect a booming economy from a government which is less than a year in office, and currently selling oil at $28 per barrel? Rather than wailing, they should rather support the government in steps taken to move Nigeria forward.
4. Madam Okonjor needs to explain to Nigerians why Nigeria was not saving for the dry season when oil was sold well above $100 per barrel. What happened to all the revenues generated when oil was booming? We only had booming economy on papers, ordinary Nigerians never felt a booming economy under her watch.
To the Wailing Wailers:
President Buhari have succeeded in blocking a lot of revenue leakages, and is driving seriously for non oil revenue generations as it is evident in the changes made in the Nigeria Customs, FIRS, and the appointment of learned scholar Dr. kayode Fayemi as the minister of Solid minerals.Etc
We have also seen efforts to recover stolen money even though some term it political witch hunting. The almost dead EFCC whose duty was reduced to chasing Internet fraudsters popularly known as Yahoo boys have suddenly rosen up to their responsibilities. Fraudsters like Olisah Metuh, Dansuki and the likes are already feeling the heat.
Efforts to recover stollen money is also a form of blocking revenue leakages.
The fact remains that APC led government can not correct the 16 years rot of PDP in less than a year and it is illogical to blame the current economic woes on the newly elected president. Only the blind will not see President Buhari is really working to make Nigeria great again.
SO FAR SO GOOD, PRESIDENT BUHARI IS PERFORMING ECONOMIC MIRACLES, HE HAS NOT EVEN BORROWED TO PAY ANY SALARIES
God bless the Federal Rubublic of Nigeria
NB: I am a die hard APC supporter with No Apologies!!!! Attackers, this is trash delete this and make sure it doesn't remain in your recycle bin. 1 Like |
