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Nairaland Forum / Nairaland / General / Politics / Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg (717 Views)
Buhari’s Rigid Leadership Style Is Making Nigeria's Economic Harder- Bloomberg / Only PDP Can Solve Nigeria’s Economic Problems- Gov. Emmanuel / IGR: Poor And Rich States In Nigeria - Economic Confidential (2) (3) (4)
Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by tommykiwi(m): 2:55pm On Nov 28, 2016 |
A data and media company has claimed that the President Muhammadu Buhari’s rigid leadership style has made Nigeria’s economic situation very difficult to resolve. In an editorial, Bloomberg said Nigeria being the most populous black nation on the earth cannot afford to have a failing economy. The editorial reads: “Africa and the world cannot afford a failing economy in the continent’s most populous nation. “Yet that is exactly what Nigeria might be getting: Its economy is on track to shrink by 1.7 percent this year, the official unemployment rate has more than doubled over the last two years, and inflation is at an 11-year high. “One concrete step President Muhammadu Buhari could take to address the crisis would be to eliminate the country’s disastrous foreign exchange controls. Instead, Buhari has made no secret of his desire to defend Nigeria’s currency. “And the central bank has mostly gone along. Despite allowing the devaluation of the naira in June, it is continuing to manipulate the exchange rate — discouraging foreign investors, creating a crippling shortage of dollars for businesses that need to import, and feeding a currency black market. To keep down the street price of vanishing dollars, Buhari’s government has arrested informal money-changers. More capital controls are in the works.” Bloomberg noted that, “Buhari faced an ugly circumstances when he took office in May 2015″. “The plunge in oil prices had left the economy reeling and government coffers bare, and attacks by Boko Haram were ravaging the country. Yet while some progress has been made fighting both terrorism and corruption, Buhari’s rigid leadership style has made the country’s economic problems harder to solve.” It observed that for Buhari to fulfill his campaign promises of restoring hope and good governance, “he will have to demonstrate more flexibility.” Source...http://dailypost.ng/2016/11/28/buharis-rigid-leadership-style-made-nigerias-economic-problems-harder-solve-bloomberg/
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Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by drss2(m): 2:58pm On Nov 28, 2016 |
d only solution to nigeria's economic woes is buari dullard's resignation. 2 Likes |
Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by Jokerman(m): 3:02pm On Nov 28, 2016 |
Funny thing.... He is a failure |
Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by dunkem21(m): 3:06pm On Nov 28, 2016 |
Common gala wey we dey buy N50 for over ten years now, is now N70. .. even caprisonne ![]() .. and by December, they will increase data rates so that it will be costly to wail. |
Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by EdCure: 3:14pm On Nov 28, 2016 |
Buhari (and his handlers) must realise that his old-fashioned strategies of arrests, bans and other forms of militaristic regulations can never take Nigeria out of economic quagmire. These counter-productive measures are further deepening the country into the miry clay of recession. Nigeria's economy may never recover until this nepotistic joker leaves office. 4 Likes |
Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by AllTheWayUp: 3:14pm On Nov 28, 2016 |
![]() ![]() ![]() Buhari is a bastard burukutu drinking mad man------Tinubu
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Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by PaulIdu: 3:27pm On Nov 28, 2016 |
drss2: As long as he is there I don't see any solution in sight ..He has to resign |
Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by OZAOEKPE(f): 3:31pm On Nov 28, 2016 |
Rilwayne001 you got ur answer right here |
Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by Rilwayne001: 3:32pm On Nov 28, 2016 |
OZAOEKPE: Okay! If you were the president, what flexible style would you have adopted?? |
Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by drss2(m): 4:05pm On Nov 28, 2016 |
PaulIdu:na d koko be dat. |
Re: Buhari’s Rigid Style Has Made Nigeria’s Economic Problems Harder-bloomberg by Flexherbal(m): 7:00pm On Nov 28, 2016 |
When will things get better ! |
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