Mynd44:

We are not where we want to be in rice production but we are making progress in that line. Look at Kebbi state, Anambra State and Sokoto state where rice cultivation has been optimized. The jobs created, the wealth distributed, the FOREX we are saving.

The economy will be better for it. If you want to crash the price of cars today, simply open your borders, remove duties and watch the price fall but what happens to people like Innoson? Prices of commodies can be cheap but it does the economy no good

Just as a poster said earlier, most of Reno's fans are economic illiterates so don't bother educating them because they'll still remain adamant

tinsel:
These Jonathan people need to keep quiet. The more they defend him, the more they put Jonathan in conflict with the government. Just keep quiet and every thing will die a natural death.

Why are you buharists too blind to see the truth and dumb to speak the truth?

This evil government is in conflict with the truth and not with Jonathan.

deji17:


Say or write something that you can defend. With the reduction of oil price which results in the shortfall of dollars, what do you think will happen to the price of imported goods? You cannot blame Buhari for the fall in oil price. Those who sold oil at $100 a barrel, depleted the foreign reserve, borrowed to pay salary, owed Federal contractors for years and with no tangible infrastructure ought to cover their face in shame.

Nobody is blaming Buhari for the fall in oil prices , if you think oil price is responsible for the total economic degeneration of Nigeria under Buhari how come the percentage of oil price loss is far less than the percentage of inflation or Forex value loss of the Naira ... It's still beat my imagination how someone thinks a slow brained characters with slurred speech like Buhari can make any difference... let's stop even blaming price of oil because 45-50 dollars is the actual value of oil and 100 dollars per barrel had always been a fluke value of oil and was never expected to stay that way forever so Buhari should keep quiet ..How many times in world history has a barrelnof fuel gone above 70 dollars . Nuharinmet oil at its actual price and the price at which most economic benchmark and predictions are based on so what's where is the low oil price set

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

Your level of ignorance is unlimited. A simple Google search would help you on the food import bills before Jonathan took over and as at when he handed over. Also the commissioning of the biggest rice mill in Africa located, Adamawa, by name Olams rice mills. And to think that you are a mod disgracing yourself like this is a big shame.

powerkey:


Why are you buharists too blind to see the truth and dumb to speak the truth?

This evil government is in conflict with the truth and not with Jonathan.

Your blame game and demonizing Buhari can't work here, let me ask you this question, a man earns 150k a month and can conveniently save 50k and use up the rest for the upkeep of his family, what do you think would happen to him when the company he works with invites him and gave him two options, either for him to be paid off or they can keep him but his salary would now be 30k. What do you think he would do if he decides to take the second option? Won't he cut back on some expenses and of course his family would suffer too? Don't you think that was what Nigeria went through from oil sale of over $100 per barrel to a point it sold around $30 per barrel? What would you have done differently if you were Buhari, I guess you'll definitely deplete our foreign reserve in order to keep the naira low and imports cheap too so as to make Nigerians happy and when you are done depleting it and no dollar to import, what do you do next? I guess you're start printing dollars.

I think what Reno is really talking about is purchasing power/adjusted for inflation indices.



in that context, GEJ is heads & shoulders above pmb whose idea of a high standard of living is dependent on the ability of Nigerians to bear more suffering.



under GEJ, there was a higher real income because despite the increase in prices of goods compared to pre-1999, most ordinary Nigerians could actually afford the higher prices.


to put it in context, when a bag of cement was around N600 between 1994-1999, very few Nigerians could afford to build standard homes because few Nigerians could afford cement at such prices.



now, between 2008 & 2014 when cement fluctuated be N1,200-N2,800, a higher number of Nigerians could afford to build standard homes despite the higher prices.


you had more Nigerians buying cars & the standard of living improved greatly & the effect was general, except up north where the common folks seem to be allergic to good life.



today, price of goods have increased but no commensurate increases in PP of individual households (except the saints of pmb).



while there are other causalities imbedded in the standard of living analysis, fact remains that Nigerians are generally poorer today, economically & politically, then they were 3 years ago...

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

you mean this bags of rice..hahaha

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

The rice revolution started during gej's time.

madridguy:
[s][/s]

Guilty conscience.

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

Nigeria still import rice every single day from January to December.

I'm really disappointed that u are trying to justify the fact that rice rose to 25k to 30k under Buhari.

anyone supporting this current evil regime is a devil



life was far easier under GEJ than under the daura demon

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

Good response sir....its good to know that there are still educated and enlightened people in Nigeria. I really mean educated and enlightened. Well done......

Asowari:
well u know that he's right? APC is the worst thing that can every happen to mankind.

That is why they want to rescue our country after destroying it for three years.
Buhari is a monumental error of gargantuan proportions that must be corrected in 2019!

madridguy:
[s][/s]

unrepentant ZOMBIE spotted

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

Why are we so easily deceived with the zo call production of rice so high local rice still goes for 17000-18000 while foreign is 19k so what effect has our high production had in this regim

Adekdammy:


The rice revolution started during gej's time.

And did you see me deny? But we alsovhave to be consistent with this policy and part of it is to squeeze our borders to make sure imported rice stay out. Will this lead to an increase in the price? Yes.

But is it needed? Yes

deji17:
Courtesy of high oil price, dollar availability and importation.

Oil price is higher now than it was in 2014!
So say something else please.

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

Don't say what u don't know importation of rice was reduced by more than 50% local production was increased. The fertilizer theft and scandals were all blocked n farmers got all they needed what u are enjoying today agric wise were laid down by the GEJ admin get ur facts right before u say things

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

ZOMBIE spotted

Mynd44:

You might want to ask what Lake rice is.

There a whole lot of local brands out there

Lake rice is part of APC's propaganda. They said it is a joint rice production venture between Lagos and Kebbi...we never saw the farms but saw printed bags having LAKE rice insignia. Rice seized by customs and rebagged. We are not dumb as APC thinks.

Mynd44:

If Nigeria had continued to spend and spend and spend without saving, we will have ended up like Venezuela annot be able to buy anything including toilet paper.

The same countries that the world Bank said were in the green when they were yabbing us (Angola and Egypt) are going through poo right now. Why did we do? Stop spending anyhow in imports.

Keep imports to the minimal because we can not afford it. Anyone can crash prices with foreign goods, it is too easy but can you sustain it?

what's the difference between Nigeria and Venezuela?
Both countries are oil rich yet their citizens suffer.

Mynd44:

We are not where we want to be in rice production but we are making progress in that line. Look at Kebbi state, Anambra State and Sokoto state where rice cultivation has been optimized. The jobs created, the wealth distributed, the FOREX we are saving.

The economy will be better for it. If you want to crash the price of cars today, simply open your borders, remove duties and watch the price fall but what happens to people like Innoson? Prices of commodies can be cheap but it does the economy no good

Anambra rice sokoto rice, kebi rice are just mere propaganda. we are still eating foreign rice. I mean the very rice that this govt banned from coming in to the country.

Shame to APC , shame to Pdp

2016v2017:

ZOMBIE spotted

Bro...RIP to your stay in Nairaland. You go just chop ban till like 2023. The guy na mod

Mynd44:

You might want to ask what Lake rice is.

There a whole lot of local brands out there

Which market is the lake rice sold and at what price?

Lake rice only exists during elections and/or strategic political rallies/timings . There are no lake rice in any market. If you think otherwise, do as he said, show us a picture proof.

Mr Jonathan's solution to every problem was, trowing money at it. No wonder he blew every penny left by his predecessors. I always maintain my stands that Okonjo iweala is voodoo economist, how can you be making foreign exchange cheap and available to impoters to the detriment of local contents.

truenaijaworld:
Reno Omokri via his twitter handle remembered the vice president, Prof Yemi Osinbajo that for the five years Former President Goodluck Jonathan destroyed Nigeria, A 50kg bag of rice was sold for 8,000 Naira.

Remember that for the 5 years Jonathan ‘destroyed’ Nigeria
50kg bag of rice was ₦8000
Fuel was ₦87
$1 was ₦150 (₦199 in 2015)
Lagos-Abuja air fare was ₦10,000
A bottle of Coke was ₦60
A tin of Peak milk was ₦80
₦18,000 minimum wage was equal to $120

https://mobile.twitter.com/renoomokri/status/979465749445083136

I believe omokri knows the truth. Oil windfall was enough to pay for massive imports whish is not the same any more. Omokri would had made a point if his government ensured the listed items were produced locally and sold at that price .

We are not seeing PDP as option.

No long talk, please just take your phone, go to your kitchen and take a picture of the lake Rice or any other local brand in your kitchen.. I need to clear my doubt.


Thanks

Mynd44:

You might want to ask what Lake rice is.

There a whole lot of local brands out there

Wirinet, Mynd44, yeyeski, Madridguy, and deji have said it all



If wirinet explanation cannot convince any sane man, then i am sorry to say that person need to go to mental asylum

Johnsmartinyang:

Don't say what u don't know importation of rice was reduced by more than 50% local production was increased. The fertilizer theft and scandals were all blocked n farmers got all they needed what u are enjoying today agric wise were laid down by the GEJ admin get ur facts right before u say things

The fertilizer cabals are back now under the evil rulership of the daura president. The theft has started again.

Mynd44:
Rice was 8,000 at what price? No job was created for local farmers and you were using FOREX you didnt have to make countries like Thailand richer.

With more rice farmers growing the product and more mills, the price can only come down but the money stays in Nigeria and create Nigerian jobs.

Reno and his silly nuggets

Inasmuch as you - a moderator on nairalnad keep saying things without thinking, who created more jobs for farmers? It was Adesina!

Do you even know the current minister of Agriculture?

Which more rice, where is the local rice? Dude, being paid to defend a party should not take away your 'reasoning'.