IMF Executive Board Concludes 2014 Article IV Consultation with Nigeria
Press Release No. 15/91
March 4, 2015
On February 27, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Nigeria.
Nigeria has a large and diverse economy that has achieved a decade of strong growth, averaging 6.8 percent a year, and now accounts for 35 percent of Sub-Saharan Africa’s gross domestic product (GDP). Inflation has remained in single digits for two years, and the banking sector, which has a strong capital base, is expanding credit. The trade surplus has been declining since the second quarter of 2013 on lower oil exports and continued strong growth of imports, and gross international reserves have been falling. Meanwhile, the general government fiscal deficit and public debt have been kept low. However, Nigeria still lags its peers in critical infrastructure and has high rates of poverty and income inequality. While the economy is diverse, with services accounting for over 50 percent of GDP in 2013, and oil only 13 percent, the oil sector remains a critical source for revenue and foreign exchange. With limited fiscal and external buffers ($2 billion in the excess crude account and $34.25 billion in gross international reserves, respectively at the end of 2014), the sharp decline of oil prices in the second half of 2014 underscores the challenging but compelling need to address remaining development challenges.
The authorities have responded to a sharp decline in oil prices. On February 18, 2015, the Central Bank of Nigeria closed the Dutch Auction System (rDAS) window, unifying the rDAS rate with interbank foreign exchange market rate. On February 25, 2015, the Senate approved the third revision to the 2015 budget, tightening the fiscal envelope by lowering the budget benchmark oil price to $52/barrel

Read more from: http://www.imf.org/external/np/sec/pr/2015/pr1591.htm

I don commot

It couldn't have been but PDP, unlike the confusion-rattled, directionless government that is ecstatically wallowing in pornograhy of propaganda and astute addiction to Blamedole; - a drug that makes ones blame, blame and blame everything but yourself.

yemmynoni:
I don commot

Na u sabi, na guilty conscience dey worry you

I expect all those who have been saying a certain party destroyed our economy to ignore this thread for exposing their lies.

Pidggin:


Na u sabi, na guilty conscience dey worry you

I expect all those who have been saying a certain party destroyed our economy to ignore this thread for exposing their lies.

lol who collect your bread

Where is ngeneukwenu the chief economic advices to to the zombie and supporter of APC to come and masturb.ate over this thread. Omenka gbawe tbaba1234 and the comical cramjones

Redoil:
Where is ngeneukwenu the chief economic advices to to the zombie and supporter of APC to come and masturb.ate over this thread. Omenka gbawe tbaba1234 and the comical cramjones

Their lies have been exposed, they won't show up

Pidggin:

Their lies have been exposed, they won't show up

even obiagelli

Redoil:
even obiagelli

Are you surprised?

lalasticlala lalasticlala lalasticlala

Pidggin:


Their lies have been exposed, they won't show up

There are no secrets here... Nigeria's macro economic growth rate has always been high. The problem is translating it into the people's lives.

tbaba1234:


There are no secrets here... Nigeria's macro economic growth rate has always been high. The problem is translating it into the people's lives.

I thought you and your kind previously said PDP destroyed our economy? Why do you want to use propaganda to change what you have been saying?

Pidggin:


I thought you and your kind previously said PDP destroyed our economy? Why do you want to use propaganda to change what you have been saying?

My kind?? I am very balanced when it comes to these issues. Economic growth in Nigeria has been sometimes inspite of government and not because of it. The point is not about macro-economic growth, it is about development. Ikonjo-Iweala did a good job on the macro economic front during the Obasanjo years, but not so much in the GEJ years.

Our challenges are developmental challenges

tbaba1234:


My kind?? I am very balanced when it comes to these issues. Economic growth in Nigeria has been sometimes inspite of government and not because of it. The point is not about macro-economic growth, it is about development. Ikonjo-Iweala did a good job on the macro economic front during the Obasanjo years, but not so much in the GEJ years.

Our challenges are developmental challenges

From 2006 to 2015 Economic growth
Nigeria 8.8 9.6 8.6 9.6 10.6 4.9 4.3 5.4 7.0 7.3 7.6

http://www.gfmag.com/global-data/economic-data/countries-highest-gdp-growth

Stop character assasinating GEJ.

Below is a list of how other OPEC members performed within the same period

Angola 20.7 22.6 13.8 2.4 3.4 3.9 5.2 6.8 3.9 5.9 8.9


Saudi Arabia 5.6 6.0 8.4 1.8 7.4 8.6 5.8 4.0 4.6 4.5 5.7

United Arab Emirates 9.8 3.2 3.2 -5.2 1.6 4.9 4.7 5.2 4.3 4.5 3.6

Algeria 1.7 3.4 2.4 1.6 3.6 2.8 3.3 2.8 3.8 4.0 2.9

Venezuela 9.9 8.8 5.3 -3.2 -1.5 4.2 5.6 1.3 -3.0 -1.0 2.6

Indonesia 5.5 6.3 6.0 4.6 6.2 6.5 6.3 5.8 5.2 5.5 5.8

Pidggin:


From 2006 to 2015 Economic growth
Nigeria 8.8 9.6 8.6 9.6 10.6 4.9 4.3 5.4 7.0 7.3 7.6

http://www.gfmag.com/global-data/economic-data/countries-highest-gdp-growth

Stop character assasinating GEJ.

When i talk about economic performance, the only criteria is not economic growth. How was our debt management? How much were our reserves? In both areas, compare with OBJ, who inherited a worse economy but left with no debt and healthy reserves.

GEJ inherited a good economy, accumulated debt and emptied reserves.

Economic growth is a shallow measure.

tbaba1234:


When i talk about economic performance, the only criteria is not economic growth. How was our debt management? How much were our reserves? In both areas, compare with OBJ, who inherited a worse economy but left with no debt and healthy reserves.

GEJ inherited a good economy, accumulated debt and emptied reserves.

Economic growth is a shallow measure.

NOI explained that the leap in the debt profile between 2012 and 2015 was triggered off by the 53 per cent wage increase implemented by the late Umaru Yar’Adua administration in a fell swoop.

This, she said, skyrocketed government’s borrowing from N524 billion to over N1 trillion in order to meet the salary increase, adding that the country’s domestic debt increased by $18.1 billion mainly because of the 53 per cent increase in the pay of civil and public servants.

The minister stated that at the time of the salary increase, she was still with the World Bank, adding that she had written and warned on the consequences of acquiescing to such a huge increase.

Absolving the Jonathan administration of blame, the minister said the government had in deed taken a careful and meticulous approach to managing the nation’s debt, noting that the present administration, for the first time in the nation’s history, retired a domestic debt of N75 billion in 2013


http://www.persecondnews.com/index.php/psn-news/item/3643-total-nigeria-s-debt-soars-to-63bn-okonjo-iweala-jonathan-incurred-21b-of-national-debts

Back to topic, if we experienced economic growth for the past 15 years, how was the economy destroyed?

Pidggin:


NOI explained that the leap in the debt profile between 2012 and 2015 was triggered off by the 53 per cent wage increase implemented by the late Umaru Yar’Adua administration in a fell swoop.

This, she said, skyrocketed government’s borrowing from N524 billion to over N1 trillion in order to meet the salary increase, adding that the country’s domestic debt increased by $18.1 billion mainly because of the 53 per cent increase in the pay of civil and public servants.

The minister stated that at the time of the salary increase, she was still with the World Bank, adding that she had written and warned on the consequences of acquiescing to such a huge increase.

Absolving the Jonathan administration of blame, the minister said the government had in deed taken a careful and meticulous approach to managing the nation’s debt, noting that the present administration, for the first time in the nation’s history, retired a domestic debt of N75 billion in 2013


http://www.persecondnews.com/index.php/psn-news/item/3643-total-nigeria-s-debt-soars-to-63bn-okonjo-iweala-jonathan-incurred-21b-of-national-debts

Back to topic, if we experienced economic growth for the past 15 years, how was the economy destroyed?

The debt profile was increased without an equivalent economic growth. That is an unacceptable excuse. They could have reviewed the local sources of revenue to compensate for the deficit. They had the time.

GEJ presided over the highest average oil prices but we ended up with an empty treasury.

tbaba1234:


The debt profile was increased without an equivalent economic growth. That is an unacceptable excuse. They could have reviewed the local sources of revenue to compensate for the deficit. They had the time.

GEJ presided over the highest average oil prices but we ended up with an empty treasury.

Did you read the report? Civil servants salaries were increased by Yar Aduah not GEJ, not implementing it will render him anti-people and would certainly have led to labor strikes which would cost the country more. If you are sincere to yourself you will agree that govt. would still have to arrive at a compromise after such labor actions. If he was given more time, his economic team, would have solved the issue as they did previous other issues in the past. Despite this, our economy grew steadily. I ask the question again, how does one claim that an economy is destroyed when there is clear evidence of macro economic growth?


Hope you are aware of this(2012): Nigeria's co-ordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has warned over the depletion of Nigeria's Excess Crude Account, which currently holds only $ 3.6 billion. Speaking at a forum with civil society organisations in Abuja, Dr. Okonjo-Iweala, blamed demands by governorsâ for equitable distribution of the Nigeria's resources as the main reason for the depletion of the Excess Crude Account and that the current value of the account, $3.6bn, cannot sustain the country if there is an economic crisis. She said, The Excess Crude Account and its successor, the Sovereign Wealth Fund (SWF), are very important, but we have the state governors saying no, we will only allow $1bn. In fact, we managed to get that, and now, they said it is illegal; and so, the country is not able to save in the Excess Crude Account and we have left today in that account only about $3.6bn. Every month, because they say it is illegal, we have been dipping hands into it. Instead of moving that money into the sovereign wealth account, it is being shared until it is almost at the bottom. What that means is that should the price of oil drop today, we have no cushion because $3.6bn for this economy is not enough to take us to any length of time, and that was what I told them at the governors Forum during the National Economic Council meeting the last time.I told them that their argument about the legality or illegality is a moot point because we have spent almost all the money. She also stated that fiscal federalism creates problems for the management of Nigeria's economy, saying Nigeria, because of fiscal federalism, cannot save. The constitution says the President should manage the economy for the benefit of everybody. The decision to save is also part of the management of the economy for the benefit of the people of Nigeria. Every state can save but the Federal Government can save for all Nigerians. The governors can insist on accountability in the management of the SWF as a guarantee against their apprehension." It is difficult getting governors to agree to $1bn savings for the SWF. We had the state governors saying they can only allow $1bn, now they say it is illegal and the country is not able to save.

http://ngex.com/news/public/newsinfo.php?nid=9252

Small small truth done dey come out
Small small Ngeneukwenu Omenka and other apc e warriors don scarce
Small small even obiagelli don turn wailer
Small small tbaba1234 don dey put one leg in one leg out
Small small eyes don dey clear

SamJed:
Small small truth done dey come out
Small small Ngeneukwenu Omenka and other apc e warriors don scarce
Small small even obiagelli don turn wailer
Small small tbaba1234 don dey put one leg in one leg out
Small small eyes don dey clear

These facts were never hidden.. The problem is that most Nigerians are not educated in economic dynamics.

We were left in a worse place by poor economic management.

One statistic is not the measure of an economy.

tbaba1234:


These facts were never hidden.. The problem is that most Nigerians are not educated in economic dynamics.

We were left in a worse place by poor economic management.

One statistic is not the measure of an economy.

Mr. go and sit down. The more you post the more you sound empty.

Geniro:

Mr. go and sit down. The more you post the more you sound empty.

cc: Piddgin

This is what the Economist said about the Growth of Nigeria's economy under Jonathan:

" The single bright spot of his rule has been Nigeria’s economy, one of the world’s fastest-growing. Yet that is largely despite the government rather than because of it, and falling oil prices will temper the boom. The prosperity has not been broadly shared: under Mr Jonathan poverty has increased. Nigerians typically die eight years younger than their poorer neighbours in nearby Ghana."

http://www.economist.com/news/leaders/21642168-former-dictator-better-choice-failed-president-least-awful

This ends the argument really...

This is the crust of the argument. On every other economic index, he fails...

tbaba1234:


cc: Piddgin

This is what the Economist said about the Growth of Nigeria's economy under Jonathan:

" The single bright spot of his rule has been Nigeria’s economy, one of the world’s fastest-growing. Yet that is largely despite the government rather than because of it, and falling oil prices will temper the boom. The prosperity has not been broadly shared: under Mr Jonathan poverty has increased. Nigerians typically die eight years younger than their poorer neighbours in nearby Ghana."

http://www.economist.com/news/leaders/21642168-former-dictator-better-choice-failed-president-least-awful

This ends the argument really...

This is the crust of the argument. On every other economic index, he fails...

Let me educate you on why the Economist Newspaper cannot override the information gotten from IMF:


The International Monetary Fund (IMF) is an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

Created in 1945, the IMF is governed by and accountable to the 188 countries that make up its near-global membership.

The work of the IMF is of three main types. Surveillance involves the monitoring of economic and financial developments, and the provision of policy advice, aimed especially at crisis-prevention. The IMF also lends to countries with balance of payments difficulties, to provide temporary financing and to support policies aimed at correcting the underlying problems; loans to low-income countries are also aimed especially at poverty reduction. Third, the IMF provides countries with technical assistance and training in its areas of expertise. Supporting all three of these activities is IMF work in economic research and statistics.

Why the IMF was created and how it works
The IMF, also known as the Fund, was conceived at a UN conference in Bretton Woods, New Hampshire, United States, in July 1944. The 44 countries at that conference sought to build a framework for economic cooperation to avoid a repetition of the competitive devaluations that had contributed to the Great Depression of the 1930s.

The IMF's responsibilities: The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The Fund's mandate was updated in 2012 to include all macroeconomic and financial sector issues that bear on global stability.

http://www.imf.org/external/about.htm

The Economist Newspaper Limited, trading as The Economist Group, is a British multinational media company headquartered in London and best known as publisher of The Economist. The Economist Group specialises in international business and world affairs information. Its principal activities are magazines, newspapers, conferences and market intelligence.

The Economist Group is owned by the Cadbury, Rothschild, Schroder, Agnelli and other family interests as well as a number of staff and former staff shareholders.

Pearson PLC held a 50% shareholding via The Financial Times Limited until August 2015. At this time Pearson sold their share in the Economist. The Agnelli family's Exor paid £287m to raise their stake from 4.7% to 43.4%, while the Economist paid £182m for the balance of 5.04m shares which will be distributed to current shareholders

https://en.wikipedia.org/wiki/Economist_Group

Which of the two should you rely on for your economic analysis?

Pidggin:


Let me educate you on why the Economist Newspaper cannot override the information gotten from IMF:


The International Monetary Fund (IMF) is an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

Created in 1945, the IMF is governed by and accountable to the 188 countries that make up its near-global membership.

The work of the IMF is of three main types. Surveillance involves the monitoring of economic and financial developments, and the provision of policy advice, aimed especially at crisis-prevention. The IMF also lends to countries with balance of payments difficulties, to provide temporary financing and to support policies aimed at correcting the underlying problems; loans to low-income countries are also aimed especially at poverty reduction. Third, the IMF provides countries with technical assistance and training in its areas of expertise. Supporting all three of these activities is IMF work in economic research and statistics.

Why the IMF was created and how it works
The IMF, also known as the Fund, was conceived at a UN conference in Bretton Woods, New Hampshire, United States, in July 1944. The 44 countries at that conference sought to build a framework for economic cooperation to avoid a repetition of the competitive devaluations that had contributed to the Great Depression of the 1930s.

The IMF's responsibilities: The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to transact with each other. The Fund's mandate was updated in 2012 to include all macroeconomic and financial sector issues that bear on global stability.

http://www.imf.org/external/about.htm

The Economist Newspaper Limited, trading as The Economist Group, is a British multinational media company headquartered in London and best known as publisher of The Economist. The Economist Group specialises in international business and world affairs information. Its principal activities are magazines, newspapers, conferences and market intelligence.

The Economist Group is owned by the Cadbury, Rothschild, Schroder, Agnelli and other family interests as well as a number of staff and former staff shareholders.

Pearson PLC held a 50% shareholding via The Financial Times Limited until August 2015. At this time Pearson sold their share in the Economist. The Agnelli family's Exor paid £287m to raise their stake from 4.7% to 43.4%, while the Economist paid £182m for the balance of 5.04m shares which will be distributed to current shareholders

https://en.wikipedia.org/wiki/Economist_Group

Which of the two should you rely on for your economic analysis?

It is not overriding the information.

It is telling you that economic growth rate was despite the government rather than because of it, during the Jonathan administration. What are the development trends as a result of your flaunted growth rate? Where is the Infrastructure? Where are your reserves?

GEJ sat on the highest average oil prices in the history of Nigeria and there is no benefit.

It is not overriding the information, it is explaining it to you.

tbaba1234:


It is not overriding the information.

It is telling you that economic growth rate was despite the government rather than because of it, during the Jonathan administration. What are the development trends as a result of your flaunted growth rate? Where is the Infrastructure? Where are your reserves?

GEJ sat on the highest average oil prices in the history of Nigeria and there is no benefit.

It is not overriding the information, it is explaining it to you.

A Newspaper that insults a former president of any country has lost whatever authority it has to explain to any sensible individual because they already appear pety and biased.

Here are a few projects executed by GEJ's administration that positively contributed to the growth of our economy:

- Opening up of Nigeria to the global business community and becoming Africa’s number one destination of foreign investors. In the first six months of 2014, a total of US$9.70 billion or N1.51 trillion flowed into the national economy as foreign direct investments (FDI).

- Under the Goodluck Jonathan administration, Nigeria rebased it’s GDP for the first time in over a decade to become the largest economy in Africa, overtaking South Africa and Egypt in the process.

- Proceeds from Nigeria’s non-oil exports rose to 2.97 billion by the end of 2013, up from 2.3 billion in 2010.

- Initiation of the YOUWIN program in 2011. The Youth Enterprise with Innovation in Nigeria (YOUWIN) program generated over 100,000 jobs for innovative unemployed youths across the country in the course of three years.

- Integrated into the international e-commerce community with the approval and reinclusion of Nigeria as one of the Paypal-compliant countries after being banned from using the service at the peak of the advanced fee fraud (419 scams). With Paypal, Nigerians can now pay for goods and services online from anywhere in the world.

- The revival of the dead automotive industry in Nigeria. Global auto giants like Peugeot, Nissan and Hyundai now either assemble or wholly manufacture small cars, Sport Utility Vehicles, trucks and buses at various locations in Nigeria. In addition to that, Innoson Vehicle Manufacturing Company (IVM), Nigeria’s flagship indigenous automaker, begun the sale of their first made-in-Nigeria cars and SUVs in August 2014.

- Nigeria became the first country in West Africa to host the World Economic Forum (WEF) in 2014. It was also the most successful World Economic Forum for Africa (WEFA) in history, boasting of a global reach of 2.1 billion people according to estimates.

- Africa’s richest man Aliko Dangote’s net worth increased from US$2.1 billion at the start of Goodluck Ebele Jonathan’s administration to US$23 billion in 2014, making him Forbes’ richest black person in the world and the overall 26th richest in the world. He attributed this mammoth increase in his monetary worth to Goodluck Jonathan administration favourable economic policies.

- Construction and beautification of many federal roads in the country, including the Lagos-Benin expressway, Abuja-Lokoja expressway, Enugu-Abakiliki expressway, Onitsha-Owerri highway and most parts of the Enugu-Port Harcourt expressway. Also, construction of the second Niger Bridge between Onitsha and Asaba to relieve the pressure on the old Niger Bridge which was completed in December 1965.

- Revival of the comatose railway system of transportation in the country is happening under the current Goodluck Jonathan administration.

- Remodelling, beautification and standardization of airports across the country. In addition to that, aircraft from Nigeria are now allowed to fly directly to the United States of America instead of going through many stopovers in Amsterdam and some other European cities along/in the route. The Akanu Ibiam Airport in Enugu was upgradede into an international airport, directly connecting the South-East region of the country to the outside world for the first time since independence.

- Establishment of nine federal universities across the country in states which previously had no federal degree awarding institution.

- Computerizing education in the country with the introduction of the computer-based test (CBT) which is mandatory for all UTME candidates from 2015.

- Introduction of the Almajiri system of education in the academically disadvantaged Northern parts of the country.


- Transformation of the agricultural sector, so that, in the words of Agriculture minister Akinwumi Adesina, “Nigerians will stop thinking of agriculture just as a means of livelihood, but more as a business.”

- Nigeria's food imports reduced by over 40% as of 2013, moving the country closer to self sufficiency in agriculture.

- Nigeria is the world’s largest producer of cassava with an output of over 45 million metric tonnes in 2014 according to the Food and Agricultural Organization of the United Nations (FAO).

- Due to favourable economic policies, Internet penetration in Nigeria has now increased from about 45 million in 2011 to 63 million in 2014, overtaking countries such as the United Kingdom and France in the process. What this means is that more people now use the internet in Nigeria than in the UK and France.

- As of the second quarter of 2014, the number of registered active telephone lines in Nigeria stood at 130 million out of a total of over 170 million telephone lines.

- Introduction of the Nigerian electronic identity card (e-ID card), one of the most secure in the world d the largest in Africa. The e-ID card serves as both an international identification module and an electronic payment solution.

- Introduction of the cashless system which aims to encourage the use of e-payment systems in the country and reduce the volume of physical cash in circulation.


Anyone who believes that economic growth can occur regardless of government favorable policies or developmental actions is rather unintelligent in my opinion.

^ Campaign is over, stop rehashing failed lines.....

Rebasing economy is no achievement. Which Jobs where?? Dangote becoming richer?? Youwin? "Remodeled airports that were leaking all over and won award of world's worst airport? http://www.cnn.com/2015/10/19/aviation/worlds-worst-airports-2015/ Every single one of these have been addressed.

Talk to any unbiased economist about the state in which the yaradua and GEJ administration met the Nigeria economy and the state in which GEJ left it.

The problem is that many of you GEJ fans have failed to recognize his failures. He was kicked out for a reason.

tbaba1234:
^ Campaign is over, stop rehashing failed lines.....

Rebasing economy is no achievement. Which Jobs where?? Dangote becoming richer?? Youwin? "Remodeled airports that were leaking all over and won award of world's worst airport? http://www.cnn.com/2015/10/19/aviation/worlds-worst-airports-2015/ Every single one of these have been addressed.

Talk to any unbiased economist about the state in which the yaradua and GEJ administration met the Nigeria economy and the state in which GEJ left it.

The problem is that many of you GEJ fans have failed to recognize his failures. He was kicked out for a reason.

Yeah, the reason he was kicked out was based on tribalism fueled by propaganda. The North and South West may have larger population, but they do not represent the whole of Nigeria. SS and SE voted overwhelmingly for him.

tbaba1234:
GEJ sat on the highest average oil prices in the history of Nigeria

I thought it was Yar'Adua that had the highest oil prices?
Why twist things
Anyway the BLAME blame people must do their blaming.



www.nairaland.com/attachments/3386584_img20160209151617_jpeged2361e0101fcbb510a35c3f0f40701e

tbaba1234:
^ Campaign is over, stop rehashing failed lines.....

Rebasing economy is no achievement. Which Jobs where?? Dangote becoming richer?? Youwin? "Remodeled airports that were leaking all over and won award of world's worst airport? http://www.cnn.com/2015/10/19/aviation/worlds-worst-airports-2015/ Every single one of these have been addressed.

Talk to any unbiased economist about the state in which the yaradua and GEJ administration met the Nigeria economy and the state in which GEJ left it.

The problem is that many of you GEJ fans have failed to recognize his failures. He was kicked out for a reason.

You need total emancipation from hypocrisy, mental slavery to APC sycophancy and corrective balance in sense of judgment.

Understand how helpful it is to stop digging when you find yourself in a hole.

Yes, GEJ Government may not be the best for Nigeria but the Economic Team was far beyond average compare to whatever APC can imagine let alone offer.

GEJ had a team that are capable of defending any ministry or department without keeping the citizens, investors and international community in doubt on what card the country will play to remain afloat.

We are presently sinking faster than anyone can imagine while APC government have no clue on what to do to convince investors (local and international) to put their money into a sinking economy.

IsraeliAIRFORCE:


You need total emancipation from hypocrisy, mental slavery to APC sycophancy and corrective balance in sense of judgment.

Understand how helpful it is to stop digging when you find yourself in a hole.

I am not even aligned with APC. I supported Buhari in the elections.

anonimi:


I thought it was Yar'Adua that had the highest oil prices?
Why twist things
Anyway the BLAME blame people must do their blaming.

No, Jonathan enjoyed the highest average oil prices. I have never mentioned Yaradua.. Between 2011 to 2014 we had consistently high oil prices.

Obasanjo had up and downs in Oil prices but under Jonathan oil prices stayed high almost through out.

tbaba1234:


I am not even aligned with APC. I supported Buhari in the elections.

All APC Presidential Candidates were better and had more experience in democratic governance than Buhari.

Buhari best potential would've better served Nigerians if he is appointed and given free hand to oversee ICPC, EFCC and CCT without political interference.

Buhari don't even have the capacity to allow his ministers to rise to their full potentials.

tbaba1234:


No, Jonathan enjoyed the highest average oil prices. I have never mentioned Yaradua.. Between 2011 to 2014 we had consistently high oil prices.

Obasanjo had up and downs in Oil prices but under Jonathan oil prices stayed high almost through out.

Why are you trying so hard to separate between leaders of PDP 16 years of so-called failed government?

Is like APC is trying to so hard to redefine PDP Government to mean JONATHAN's Administration