Iamwrath:


If you are already complaining of Garri

Biko contact Patience Jonathan to give you $1000 out of the $5.9 court released to her


Or Ask Asari Dokubo to send money from his University , just 200k to your account

or Ask Tompolo to borrow you 1M out of the 40B frozen in his skye bank account


Ask for 100K from Olisa Metuah

Ask Stella Oduah to donate 50K to your cause


And Frog Eyez Denziani to loan you just 10M from her $20B loot

Ohhh, you are saying it's impossible ??

Exactly ,

Some people haven't gotten their country yet , but they are already complaining , i hope what they plan to drink is their oil and feast on their crude crumbs


He nor consyn me sha

Iamwrath:


If you are already complaining of Garri

Biko contact Patience Jonathan to give you $1000 out of the $5.9 court released to her


Or Ask Asari Dokubo to send money from his University , just 200k to your account

or Ask Tompolo to borrow you 1M out of the 40B frozen in his skye bank account


Ask for 100K from Olisa Metuah

Ask Stella Oduah to donate 50K to your cause


And Frog Eyez Denziani to loan you just 10M from her $20B loot

Ohhh, you are saying it's impossible ??

Exactly ,

Some people haven't gotten their country yet , but they are already complaining , i hope what they plan to drink is their oil and feast on their crude crumbs


He nor consyn me sha

luvinhubby:
Despite all the supposed stealing and looting of the PDP years, Nigerians were never subjected to this level of hunger, famine, poverty and starvation. So much so that the United Nations classified Nigeria alongside Somalia, Ethiopia, Eritrea etc as among countries that will be needing food aid this year out famine.

This is how low APC and Buhari has dragged Nigeria.

obailala:
You cannot eat your cake and still want to have it. In the time of Joseph and Pharoah, there were 7 years of plenty and 7 years of famine. The survival in the 7 years of famine was determined by the wise actions taken in the 7 years of plenty. If Joseph and oga Pharoah didnt farm and save when there was plenty, the entire Egypt and neighbouring nations would have starved when the famine came.

The current Nigerian government isnt the one which squandered resources when there was plenty ($100+ oil price). Now there is famine (<$50 oil price), it is silly for anyone to expect the ease of life to be the same as when there was still plenty, especially when nothing was done to prepare for the current famine. So you can keep deceiving yourself and the multitude of undiscerning Nigerians about how things were good back then, but to any discerning mind, the reasons are very obvious.

luvinhubby:


Is Nigeria experiencing any nature induced famine like the case you mentioned?

You have resumed with this zombie reasoning despite all the lectures we gave you.

The average cost of crude between 1999 to 2004 (5yrs) was $30, we did not have it this bad and the silly govt you are defending inherited close to $40 billion while PDP under Obasanjo inherited less than $5 billion.
It is only the intellectually blind that will not see how the nepotistic policies of Buhari plunged this nation into chaos.

obailala:
No you are a very dull student, hence I will keep giving you the lectures until it enters your thick skull.

There is something called the 'Time Value of Money', if only you paid attention in class when you were in school instead of scaling the fence to go pluck opioro mango, you should have understood what it meant.

An income of N1000 may be okay for me when my house rent was N50 and payment for my domestic staff and children's fees all amounted to N200. But with a substantial increase in everday costs over many years, the N1000 which was enough 20 years ago may leave me an impoverished pauper, especially when my much higher income is SUDDENLY cut.

So your continuous reference to oil price being $30 some 10-20 years ago and your insistence on this as the reason why the current state of things in the PRESENT DAY shouldnt be a problem, what other evidence does the world need to confirm you are still a dull student?

obailala:
You cannot eat your cake and still want to have it. In the time of Joseph and Pharoah, there were 7 years of plenty and 7 years of famine. The survival in the 7 years of famine was determined by the wise actions taken in the 7 years of plenty. If Joseph and oga Pharoah didnt farm and save when there was plenty, the entire Egypt and neighbouring nations would have starved when the famine came.

The current Nigerian government isnt the one which squandered resources when there was plenty ($100+ oil price). Now there is famine (<$50 oil price), it is silly for anyone to expect the ease of life to be the same as when there was still plenty, especially when nothing was done to prepare for the current famine. So you can keep deceiving yourself and the multitude of undiscerning Nigerians about how things were good back then, but to any discerning mind, the reasons are very obvious.

luvinhubby:


Now you have shifted your lame narratives to expenditure. That presupposes that governance expenditure increased with time, so why your tears on savings when you are saying burden on expenditure increases with time?

Okay, explain what value this same govt has added to the entire economy with N7.1 trillion borrowing in two years, despite a $40 billion saving chest?

INTERMAN:
APC has destroyed this nation completely. They were too full of themselves before election. I score the 7/100
7%. This is the worst government in history. Garrii! That was stable during PDP regime. N100 N70 N120 etc. So bad a government!

obailala:
If the last govt with $100+ oil price could not complete any serious project in 5 years, if they could still owe subsidies and had to borrow trillions to even pay salaries (when oil price only just started dipping), cant you see it makes no sense asking why this current govt (which is getting roughly just 40% of the revenue the last guys got) is also borrowing for basic things?

With a revenue dip of up to 60%, you are asking me why the current givt is borrowing. Before I explain that, why dont you tell us why the last govt which didnt suffer this same revenue drop also borrowed in trillions?... While you are at it, why dont you also explain what value the last govt added with over N55 trillion gotten from oil sales?

asuustrike2009:

So those in this current government didn't loot and squandered the money of previous government because they're now saints? Smh

HughJazz:
nigerians don't understand economy they only like to talk trash online. I don't even like buhari . But the economic policies of his government is sound.

obailala:
If the last govt with $100+ oil price could not complete any serious project in 5 years, if they could still owe subsidies and had to borrow trillions to even pay salaries (when oil price only just started dipping), cant you see it makes no sense asking why this current govt (which is getting roughly just 40% of the revenue the last guys got) is also borrowing for basic things?

With a revenue dip of up to 60%, you are asking me why the current givt is borrowing. Before I explain that, why dont you tell us why the last govt which didnt suffer this same revenue drop also borrowed in trillions?... While you are at it, why dont you also explain what value the last govt added with over N55 trillion gotten from oil sales?

luvinhubby:


Did you say 60%?
The last govt borrowed N5 trillion in 6 yrs and yours borrowed N7 trillion in 2 yrs.
Fuel was heavily subsidised at our request and it kept standard of living reasonable for Nigerians.
Today N87 fuel is sold for N145 and the govt is still owing subsidy on it.

As at mid 2015, the average GDP of Nigeria was 6% for 5yrs largely stimulated by govt spending, we were Africa no.1 investment destination and the 6th fastest growing economy globally. The automobile industry was back on stream and agriculture received the highest govt spending in 50yrs with the result of a massive boost in local rice production and we stopped the importation of packed fruit juice because local citrus production became better managed by govt. In short, Nigerians and Nigeria economy felt impact of a well managed oil resource revenue.

What has the govt you advocate for done? Nothing, except talk the way you are talking now.

obailala:
You cannot eat your cake and still want to have it. In the time of Joseph and Pharoah, there were 7 years of plenty and 7 years of famine. The survival in the 7 years of famine was determined by the wise actions taken in the 7 years of plenty. If Joseph and oga Pharoah didnt farm and save when there was plenty, the entire Egypt and neighbouring nations would have starved when the famine came.

The current Nigerian government isnt the one which squandered resources when there was plenty ($100+ oil price). Now there is famine (<$50 oil price), it is silly for anyone to expect the ease of life to be the same as when there was still plenty, especially when nothing was done to prepare for the current famine. So you can keep deceiving yourself and the multitude of undiscerning Nigerians about how things were good back then, but to any discerning mind, the reasons are very obvious.

Keballl:


There is famine yet the budget of the presidency and her overhead cost has tripled immensely with a penalty of a high debt ratio. Why are you so shameless in your act of defending those destroying the country ?

obailala:
Nope, go back and re-read every single thing I've written, I'm not defending anybody, rather I was only trying to point out that the last admin is equally as guilty (in fact more guilty) of the mess we find ourselves in currently due to a lot of indiscretions like you mentioned above. I was only trying to deflate the shallow comparison which someone made between the last admin and the current guys by pointing out that the whirlwind we experience today is a direct consequence of our indiscretions of yesterday when there was plenty.

Keballl:


Infact more guilty? So when the next admin comes in 2019, what will be their excuse ? Still blame the "far guilty" ? Or deploy the same tactics as you by blaming their failures on the outgoing admin as the originator of their woes. In that case who is really the cause of Nigerian current woes when we always seek to blame our immediate predecessor's ?

Maybe we should all go back and blame Lord Luggard since it has been presumed we can't do out bit when opportune to serve.

obailala:
If the last govt with $100+ oil price could not complete any serious project in 5 years, if they could still owe subsidies and had to borrow trillions to even pay salaries (when oil price only just started dipping), cant you see it makes no sense asking why this current govt (which is getting roughly just 40% of the revenue the last guys got) is also borrowing for basic things?

With a revenue dip of up to 60%, you are asking me why the current givt is borrowing. Before I explain that, why dont you tell us why the last govt which didnt suffer this same revenue drop also borrowed in trillions?... While you are at it, why dont you also explain what value the last govt added with over N55 trillion gotten from oil sales?

HughJazz:
you are a bloody idiot. That's what happens when you spend oil money anyhow during the boom years.you are just reaping what the previous government sowed.