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2019 Presidential Election: I Am Not A Naive Yoruba Man - Politics - Nairaland

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2019 Presidential Election: I Am Not A Naive Yoruba Man by aremuforlife(m): 8:41am On Feb 18, 2019
2019 PRESIDENTIAL ELECTION: I AM NOT A NAIVE YORUBA MAN

If any Yoruba man amuses himself by thinking an average Fulani man sees this election from the prism of the Nigerian nation, then that individual does not understand the make-up of this country. A Fulani man views this election in line with the interest of the Fulani nation.

That is the same way I view this election. Call me an ethnic bigot, I care not. For those who say I am hard on PDP members when they appear on my radio show, please continue to revel in your myopic politics.

Many of those who claim to be supporting Atiku of the PDP in Yorubaland, including his overnight admirers and those zombies who act without interrogating issues, are either looking for relevance or appointment, as are many on the APC side.

They speak in flowery language as though they are nationalists, but even Heaven knows there is hardly any such thing in Nigeria. It is all about interest, but it now depends on what your interest(s) is(are).

I know people on both sides and if it is about interest for me, oh, I am safe. On the Atiku side, I know Egbon Bimbo Daramola, a selfless uncle who has always been nice to me.

Should Atiku win, I am sure uncle Bimbo would not stop being nice to me because I am sure he would make (appointment) that government.

On the Buhari/Osinbajo side, I know many such as Babafemi Ojudu, Rotimi Fashakin and to an extent, the Vice President, Professor Yemi Osinbajo, a honest and humble man by all standards. So, my 'eating' is also assured should Buhari win, if it is all about eating.

But I am not about eating, as I am not about appointments. I am a Yoruba man and I am not naive. If an average Fulani man and an average Igbo man are not, why should I?

Call me an ethnic bigot. Who cares? The Fulani nation understands what is at stake in this election and it is a win-win for them. Both Buhari and Atiku are Moslem/Fulani from the North. Whichever of them wins, it is a win for them.

In fact in the north now, I hear that part of the campaign by the Atiku camp is that Atiku is better because he gets to spend eight (cool years, plus Buhari's four (4), that is twelve (12) altogether.

Those who are allegedly of this school of thought are of the view that Obasanjo spent eight years while Jonathan spent six years, altogether fourteen (14) and that there is a need for the North to make up for that.

When it comes to power, the Fulani man is ruthless and calculatingly cold in his analysis. He is not sentimental as many Yoruba are and it is not the talk of security or economy that shapes his decision; it is the thought of power.

So amuse yourself all you want. Speak your grammar. The Fulani nation does not care about all those. If you ever amuse yourself that Atiku, a Fulani man, would give you 'restructuring' which would mainly affect the Fulani nation, then you are a political toddler.

If you believe Atiku would work against Fulani herdsmen, you better think twice. And if you think your salvation lies in the hands of Obi, an Igbo man, I say 'wehdone sir!'

The only way the Yoruba nation can protect its interest is to support its own and it is only a Southerner whose people are most affected by the configuration of this country who can restructure this country, not someone from the tribe that benefits the most from the anomaly.

So, if you gift the North twelve (12) years, please when does power come to the South or the Yoruba nation? Who then spearheads your restructuring?

Let me ask, should Atiku win this election, who would speak for the Yoruba nation in his government? SSG slot, abi or Titi Atiku Abubakar? Wehdone, sir!

I may be a Nigerian, but I am Yoruba first and it is the interest of the Yoruba nation that I would support. I know I would not vote because I would be at work on election day, but if I had the opportunity to vote, it would be Buhari.

I would rather the North spend its remaining four (4) years, so that power can come to the South. I don't kid myself by getting immersed in the talk of economy, prices of food items or security.

Those are the 'bone' politicians used in titillating their 'dogs', the unsuspecting public. Politicians are ruthless in their analysis and it is never about sentiments. The sentiments that they whip up are just to deceive the public.

Just as the Fulani nation, the Yoruba nation should put on its thinking cap, especially the faceless babies who amuse themselves on the social media.

I am a Yoruba man and I am not naive.

'Dimeji Daniels

12 Likes 2 Shares

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by ochejoseph(m): 8:43am On Feb 18, 2019
The main issues in the 2019 elections  is not where the candidates come from but the credentials and capacities of the candidates to deliver.

Buhari is going to Daura on Saturday

44 Likes 1 Share

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by baliyubla: 8:45am On Feb 18, 2019
See what APC minions have reduced politics to. Smh.

29 Likes 1 Share

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by PresidentAtiku(m): 8:52am On Feb 18, 2019
aremuforlife:
2019 PRESIDENTIAL ELECTION: I AM NOT A NAIVE YORUBA MAN

If any Yoruba man amuses himself by thinking an average Fulani man sees this election from the prism of the Nigerian nation, then that individual does not understand the make-up of this country. A Fulani man views this election in line with the interest of the Fulani nation.

That is the same way I view this election. Call me an ethnic bigot, I care not. For those who say I am hard on PDP members when they appear on my radio show, please continue to revel in your myopic politics.

Many of those who claim to be supporting Atiku of the PDP in Yorubaland, including his overnight admirers and those zombies who act without interrogating issues, are either looking for relevance or appointment, as are many on the APC side.

They speak in flowery language as though they are nationalists, but even Heaven knows there is hardly any such thing in Nigeria. It is all about interest, but it now depends on what your interest(s) is(are).

I know people on both sides and if it is about interest for me, oh, I am safe. On the Atiku side, I know Egbon Bimbo Daramola, a selfless uncle who has always been nice to me.

Should Atiku win, I am sure uncle Bimbo would not stop being nice to me because I am sure he would make (appointment) that government.

On the Buhari/Osinbajo side, I know many such as Babafemi Ojudu, Rotimi Fashakin and to an extent, the Vice President, Professor Yemi Osinbajo, a honest and humble man by all standards. So, my 'eating' is also assured should Buhari win, if it is all about eating.

But I am not about eating, as I am not about appointments. I am a Yoruba man and I am not naive. If an average Fulani man and an average Igbo man are not, why should I?

Call me an ethnic bigot. Who cares? The Fulani nation understands what is at stake in this election and it is a win-win for them. Both Buhari and Atiku are Moslem/Fulani from the North. Whichever of them wins, it is a win for them.

In fact in the north now, I hear that part of the campaign by the Atiku camp is that Atiku is better because he gets to spend eight (cool years, plus Buhari's four (4), that is twelve (12) altogether.

Those who are allegedly of this school of thought are of the view that Obasanjo spent eight years while Jonathan spent six years, altogether fourteen (14) and that there is a need for the North to make up for that.

When it comes to power, the Fulani man is ruthless and calculatingly cold in his analysis. He is not sentimental as many Yoruba are and it is not the talk of security or economy that shapes his decision; it is the thought of power.

So amuse yourself all you want. Speak your grammar. The Fulani nation does not care about all those. If you ever amuse yourself that Atiku, a Fulani man, would give you 'restructuring' which would mainly affect the Fulani nation, then you are a political toddler.

If you believe Atiku would work against Fulani herdsmen, you better think twice. And if you think your salvation lies in the hands of Obi, an Igbo man, I say 'wehdone sir!'

The only way the Yoruba nation can protect its interest is to support its own and it is only a Southerner whose people are most affected by the configuration of this country who can restructure this country, not someone from the tribe that benefits the most from the anomaly.

So, if you gift the North twelve (12) years, please when does power come to the South or the Yoruba nation? Who then spearheads your restructuring?

Let me ask, should Atiku win this election, who would speak for the Yoruba nation in his government? SSG slot, abi or Titi Atiku Abubakar? Wehdone, sir!

I may be a Nigerian, but I am Yoruba first and it is the interest of the Yoruba nation that I would support. I know I would not vote because I would be at work on election day, but if I had the opportunity to vote, it would be Buhari.

I would rather the North spend its remaining four (4) years, so that power can come to the South. I don't kid myself by getting immersed in the talk of economy, prices of food items or security.

Those are the 'bone' politicians used in titillating their 'dogs', the unsuspecting public. Politicians are ruthless in their analysis and it is never about sentiments. The sentiments that they whip up are just to deceive the public.

Just as the Fulani nation, the Yoruba nation should put on its thinking cap, especially the faceless babies who amuse themselves on the social media.

I am a Yoruba man and I am not naive.

'Dimeji Daniels
Nigeria should keep suffering because you are Yoruba. Its soo sad reading all the rubbish your have written up there.

Recently the tactics by Buhari desperate supporters is to play the ethnic card

33 Likes 1 Share

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Fatherofdragons: 8:55am On Feb 18, 2019
grin When I say the average yorober man is selfish and an unrepentant tribalist, some people want to chew my head off because of it.

Every day these people open threads about how voting buhari will give them this and that but they forget that this turn by turn presidency is not constitutional, APC might wake up one day and say "no, power is not moving to the south, we want a northerner, we will continue to rule so as to complete the years southerners ruled" ie if buhari wins. Its possible.

Each time a southerner is removed from a position, a northerner specifically a muslim takes over.

18 Likes 1 Share

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by GenSpecifics: 9:00am On Feb 18, 2019
Yoruba man and you are not naive ?

That is like a snake claiming it has legs because it can move on its stomach

15 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Viergeachar: 9:04am On Feb 18, 2019
True

As much as I dislike a Buhari second term, allowing the Igbos have a political edge over Yorubas is not an option either.

3 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Eastatlantalove(m): 9:04am On Feb 18, 2019
is it a tribal game. or for the betterment of the nation

5 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Firefire(m): 9:11am On Feb 18, 2019
Useless tribal terrorists!

12 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by limeta(f): 9:13am On Feb 18, 2019
You lie Yoruba will not restructure nothing it pay them as much as the Fulani.s to be in one nigeria
Op as a hit the nail on the head as you want us to believe you just another Yoruba person a deciver

6 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by aremuforlife(m): 9:27am On Feb 18, 2019
[/quote][quote author=Blacklord0739 post=75848201]
Yoruba people are the most stupid and useless people in Nigeria,they betrayed Igbo's,idiots......I met a Yoruba girl in polytechnic Ibadan during our NYSC registration, fortunately we were posted to Maiduguri then I met her in our camp in Bauchi,could you believed that this lady ignored me as if she didn't knew me,she was then speaking English as if she wasn't a Yoruba person while the Igbo's and Hausa's there were speaking their languages, but later she was molested after she was caught cheap sleeping with fellow corp members and soilders in the camp.... Nonsense...... Who are you to tell Nigerians what to do......... tongue
Must you now term all Yoruba to be foolish just because of your experience?.
You should be able to read and understand what the writer is saying, sentiment aside. Before Nigeria I am a Yoruba and Yoruba first.
Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Clerverly: 9:28am On Feb 18, 2019
[s]
ochejoseph:
The main issues in the 2019 elections  is not where the candidates come from but the credentials and capacities of the candidates to deliver.

Buhari is going to Daura on Saturday
[/s]

Ochejoseph, why do you like deceiving yourself? grin grin

Atiku will lose this Election Woefully.. In fact he failure will start from Adamawa...He will lose his state to Buhari... Bookmark this.

2 Likes 1 Share

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Nobody: 9:33am On Feb 18, 2019
And what if we have no nation to rule over in 2020 or even 2023 due to the incompetence of the present govt?

- Constitution abandonment..
- Tyranny...

These are steps to destruction of a nation.

It's obvious, the BMC is unleashing Tribal politics this week, as all other avenues have failed.

6 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Kagawa10: 9:34am On Feb 18, 2019
If only people knew what oil countries such as Angolans and Venezuela folks are passing through during this global crude oil price recess, they would thank God Buhari came in rather than Jonathan who looted us dry during oil boom when it was selling at $110 per barrel for five years unlike the paltry $50 it has been selling under APC. If the looting Jonathan couldn't save during the time of plenty and was already borrowing, how would he have carried on during this crude oil price recess?

Despite Buhari administration earning 60% less yet he's come up with plenty projects such as

Our railways at itakpewarri, Lagos-ibadan, Lagos-Abeokuta, kaduna-abuja etc,

The production of low cost fertilizers,

Zik maoseleum

Baro inland port,

Kaduna inland dry port,

Port Harcourt airline terminal,

Abuja airline terminal,

Rice mills,

Foreign reserve increase from $26b to $43b,

Construction of our express highways such as enuguonitsha, Lagos-ibadan etc.

Social policy schemes such as tradermoni, npower etc

Payment of all pensions of airline staffs that were forced to retire after the shambolic privatisation by Atiku. PDP didn't pay them in the last 16 years.

And most especially, stabilizing us through this recession which happened because jonathan failed to save despite earning 60% more than Buhari coupled with the fall in the price of crude oil from $110 per barrel in 5 years under Jonathan to a paltry $50 per barrel under Buhari administration yet Buhari was able to keep us afloat while having many projects to his name thereby surprising Ngozi Iweala and Charles Soludo who predicted recession because jonathan looted and failed to save during the time of plentiful.

Sai Baba. PDP, Neva again

3 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Nobody: 9:36am On Feb 18, 2019
"I know I would not vote because I would be at work on election day,... "

Then shut the hell up. undecided

6 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Nobody: 9:38am On Feb 18, 2019
Kagawa10:
If only people knew what oil countries such as Angolans and Venezuela folks are passing through during this global crude oil price recess, they would thank God Buhari came in rather than Jonathan who looted us dry during oil boom when it was selling at $110 per barrel for five years unlike the paltry $50 it has been selling under APC. If the looting Jonathan couldn't save during the time of plenty and was already borrowing, how would he have carried on during this crude oil price recess?

Despite Buhari administration earning 60% less yet he's come up with plenty projects such as

Our railways at itakpewarri, Lagos-ibadan, Lagos-Abeokuta, kaduna-abuja etc,

The production of low cost fertilizers,

Zik maoseleum

Baro inland port,

Kaduna inland dry port,

Port Harcourt airline terminal,

Abuja airline terminal,

Rice mills,

Foreign reserve increase from $26b to $43b,

Construction of our express highways such as enuguonitsha, Lagos-ibadan etc.

Social policy schemes such as tradermoni, npower etc

Payment of all pensions of airline staffs that were forced to retire after the shambolic privatisation by Atiku. PDP didn't pay them in the last 16 years.

And most especially, stabilizing us through this recession which happened because jonathan failed to save despite earning 60% more than Buhari coupled with the fall in the price of crude oil from $110 per barrel in 5 years under Jonathan to a paltry $50 per barrel under Buhari administration yet Buhari was able to keep us afloat while having many projects to his name thereby surprising Ngozi Iweala and Charles Soludo who predicted recession because jonathan looted and failed to save during the time of plentiful.

Sai Baba. PDP, Neva again

Trash. ..

How much did you buy fuel when crude was at $110?... do you know fuel was supposed to sell at N382 if crude is at $110?

Foreign reserve?... your TB's loan in 2018 alone was $10.6bn with China debt at $4.8bn... even Buhari didn't use foreign reserve as a selling point..

Buhari knows his voters are far from elites who would see through his propaganda in seconds, that is why they opt for your likes.

8 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Nobody: 9:39am On Feb 18, 2019
Blacklord0739:

Yoruba people are the most stupid and useless people in Nigeria,they betrayed Igbo's,idiots......I met a Yoruba girl in polytechnic Ibadan during our NYSC registration, fortunately we were posted to Maiduguri then I met her in our camp in Bauchi,could you believed that this lady ignored me as if she didn't knew me,she was then speaking English as if she wasn't a Yoruba person while the Igbo's and Hausa's there were speaking their languages, but later she was molested after she was caught cheap sleeping with fellow corp members and soilders in the camp.... Nonsense...... Who are you to tell Nigerians what to do......... tongue

Afonjas will sleep with anything whether male or female...they have zero sense of commitment, integrity or restraint. This why they are obsess to marry Igbo to balance themselves out! This is why they have the highest number of children out of wedlock, highest divorce rate and highest number of single mothers or home run by single mothers. Half of afonjas were raised by their mothers alone...no fathers. I grew up in SW so I know this first hand.

10 Likes 2 Shares

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Kagawa10: 9:42am On Feb 18, 2019
Blacklord0739:

Yoruba people are the most stupid and useless people in Nigeria,they betrayed Igbo's,idiots......I met a Yoruba girl in polytechnic Ibadan during our NYSC registration, fortunately we were posted to Maiduguri then I met her in our camp in Bauchi,could you believed that this lady ignored me as if she didn't knew me,she was then speaking English as if she wasn't a Yoruba person while the Igbo's and Hausa's there were speaking their languages, but later she was molested after she was caught cheap sleeping with fellow corp members and soilders in the camp.... Nonsense...... Who are you to tell Nigerians what to do......... tongue

Who betrayed your stupid tribe? Did we ever sign any stupid agreement with the Ibos? Were you under rock when Azikiwe forned alliance with Ahmadu Bello at the expense of the Yoruba in the 60's? Or when IBO killed our leaders such as Akintola, Ademolegun and his pregnant wife, chief Sodeinde during their stupid coup? Where were you when Ibo supported Tofa against Abiola in the 90's or Shagari in the 80's? Or when Ibo had a million man march for Abacha who was against the Yorubaa? Abi this one is mad ni?


Oro lo Fe gbo. If I slap that your stupid face comot for here. Yeye.

3 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Blacklord0739(m): 9:48am On Feb 18, 2019
Kagawa10:


Who betrayed your stupid tribe? Did we ever sign any stupid agreement with the Ibos? Were you under rock when Azikiwe forned alliance with Ahmadu Bello at the expense of the Yoruba in the 60's? Or when IBO killed our leaders such as Akintola, Ademolegun and his pregnant wife, chief Sodeinde during their stupid coup? Where were you when Ibo supported Tofa against Abiola in the 90's or Shagari in the 80's? Or when Ibo had a million man march for Abacha who was against the Yorubaa? Abi this one is mad ni?


Oro lo Fe gbo. If I slap that your stupid face comot for here. Yeye.
Just imagine how stupid you are,chaiiii....
Naso Yoruba dey make mouth but fight like this,dem go run, stupid tribe and beside who told you that I am Igbo person....chaiiii,now I know you're mad from a useless descendant...... You fit to slap face to face,e bi like sey,una plenty well well for your family.... Mumu goat

5 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Blacklord0739(m): 9:52am On Feb 18, 2019
freedomforall30:


Afonjas will sleep with anything whether male or female...they have zero sense of commitment, integrity or restraint. This why they are obsess to marry Igbo to balance themselves out! This is why they have the highest number of children out of wedlock, highest divorce rate and highest number of single mothers or home run by single mothers. Half of afonjas were raised by their mothers alone...no fathers. I grew up in SW so I know this first hand.

You can even sleep with Yoruba married women at will with just little amount of money but sha,they are always shabby,dirty and stinking....... Nonsense tribe.....I am serious here,any Yoruba married women are cheap not to talk of their singles who bleach to meet up with their pretty colleague from other tribe,very disgusting tribe.

4 Likes 1 Share

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Kagawa10: 9:56am On Feb 18, 2019
Esseite:


Trash. ..

How much did you buy fuel when crude was at $110?... do you know fuel was supposed to sell at N382 if crude is at $110?

Foreign reserve?... you TB's loan in 2018 alone was $10.6bn with China debt at $4.8bn... even Buhari didn't use that as a selling point..

Ode. Crude oil is different from petrol fuel. Go and learn about the word crude. Crude oil are sold to international communities to provide foreign earning for Nigeria. It's this money we use in running the affairs of the country.

This crude oil was selling at a high rate at $110 per barrel under Jonathan which means, much revenue was coming in unlike today when crude oil is selling at paltry $50 per barrel. That was why Iweala and Soludo predicted recession in 2015 because Jonathan failed to save during the time of plenty. Venezuela, a country which has much more crude oil than us are even under worst state than us because of this fall in crude oil price. After all, they can't be drinking this crude oil, it needs to sold to bring income to the country but they can't force international communities not to buy it at the stipulated low price.

For those that can't understand simple English. It's like bringing 10 corns to the market and selling each for 110 naira until the market leader agreed to cut down the price to 50 naira and you're only allowed to sell same 10 corns daily in the market. Tell me, would the income you always took home reduce or increase after the price of the corn got cut down?
Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Nobody: 9:58am On Feb 18, 2019
Kagawa10:


Ode. Crude oil is different from petrol fuel. Go and learn about the word crude. Crude oil are sold to international communities to provide foreign earning for Nigeria. It's this money we use in running the affairs of the country.

This crude oil was selling at a high rate at $110 per barrel under Jonathan which means much revenue was coming in unlike today when crude oil is selling at $50 per barrel. That was why Iweala and Soludo predicted recession in 2015 because Jonathan failed to save during the time of plenty. Venezuela, a country which has much more crude oil than us are even in worst than us because of this fall in crude oil price. After all they can't be drinking this crude oil, it needs to sold to bring income to the country but international communities are buying it at low price.

For those that can't understand simple English. It's like bringing 10 corns to the market and selling each for 110 naira until the market leader agreed to cut down the price to 50 naira and you're only allowed to sell same 10 corns in the market. Tell me, would the income you always took home reduce or increase after the price of the corn got cut down?

You really have no idea...

Don't Nigeria import Petrol?... don't you get petrol from crude?

When crude sells higher, the refineries buy higher aswell and sell refined petrol higher... it's simple logic.

GEJ subsidized it at N87 when we were supposed to buy 4 times the price..

Buhari sure knows his audience.

3 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Nobody: 9:58am On Feb 18, 2019
Blacklord0739:

You can even sleep with Yoruba married women at will with just little amount of money but sha,they are always shabby,dirty and stinking....... Nonsense tribe.....I am serious here,any Yoruba married women are cheap not to talk of their singles who bleach to meet up with their pretty colleague from other tribe,very disgusting tribe.

grin

3 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by jpphilips(m): 10:02am On Feb 18, 2019

IS BUHARI TRULY RESPONSIBLE FOR OUR ECONOMIC WOES?

A lot have been said about Buhari, how he brought hardship on Nigerians, how he is responsible for all the suffering in Nigeria, is that theory backed with facts and global economic realities or the shenanigans of few individuals basking in the Euphoria of ignorance?
Since I must make a choice between our present loud political gladiators, I armed myself with Economics textbooks and news archive, here is what i discovered.

Nigeria an oil producing and oil dependent economy suffered a global economic hit called crude oil price shock
it is the sudden drop in price of crude oil in the commodity trading market, it has occurred at different times in History nearly every decade. Countries that are hardest hit by crude shock are basically countries that not only produce crude oil in significant amount but solely depend on it as their foreign exchange earner. While oil shocks have asymmetric effects in oil-exporting developing countries; lower oil prices lead to major revenue cuts and ensuing stagnation in the economy, but higher oil prices and accompanying higher revenues do not translate into sustained economic growth.

What are the effects of crude shock in oil producing developing economies?

Forex scarcity: Most developing economies whether oil producing or not, depend on importation to survive, where foreign currency becomes scarce, industries, individuals that have significant need for forex will likely close shops giving birth to the second problem unemployment then finally the master Recession.

Unemployment: When industries no longer have forex to buy spare parts, can no longer afford raw materials, production slows, sales slows, profit eroded, workers sacked, since the volume of activities in the economy is directly proportional to the GDP, the GDP contracts and birth another economic monster Recession.

Recession is a chain reaction of unpalatable economic events that shows the economy is not experiencing growth but contracting, lets look at the effects of recession, high energy cost (energy in most developing economies are subsidized one way or another) crude shock and eventually recession erodes government revenues till a point where it could no longer afford subsidies and other things it used to afford.
In Nigeria where our Electricity Generation companies are subsidized, petroleum products are subsidized,you will understand that such partial or complete subsidy removal will quickly skyrocket the cost of living generally, transportation, cost of food etc are equally affected that leads to another monster called Inflation.

Inflation: is defined as a phenomenon where huge bills are in search of few goods, how is that possible? when the industries that produce goods closed down, imports could not be sustained due to Forex shortages where will the goods come from? the absence of those goods while the bills remain triggers inflation, causes hunger and eventually poverty and devaluation of local currency.

Devaluation is when global reserve currencies trade higher than your currency, of course you recall that an economy in crude shock first suffers Forex shortages, that robs the central bank (in the case of Nigeria) the ability to fix the currency at a reasonable exchange rate.
The local currency is allowed to float along a band the cbn thinks may not be too hurtful on the economy.
Forex ban is placed on certain commodities, debit cards like Visa, Mastercard et al are all placed on monthly transaction limits as a reflection of the reality of forex shortages.

Okonjo iweala then finance minister and coordinator of the economy actually warned Nigerians in 2014 long before buhari came that the level of mismanagement will bring hunger to us, read here: https://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html
If okonjo iweala saw this hunger in 2014, warned us about it, how can a sane person accuse buhari of bringing hardship?

Between 2015-2017, all these happened in the Nigerian economy, then I asked "are we the only oil dependent economies in the world? why us alone?
The answer took me to several countries in the world and I realized that other oil producing countries dont depend on oil alone, countries like Russia though the largest producer of crude oil in the world, has a robust defense industry that contribute significantly to its GDP, Russia equally enjoys large market shares in Gas distribution in Eurasia, by the time crude oil shock hit, Russia had over $400b in reserves,
It became clear that the only economic move that could hold off crude oil shock and other global economic shocks is a robust foreign exchange reserves (Savings).

Permit me to take you down our economic history, in 2008 during the global melt down, the then CBN governor prof. Chukwuma Charles soludo bragged that the Nigerian economy is immune to global shocks? That would have sounded ridiculous but it is true, what did he do? they launched an economic strategy called National Economic Empowerment And Development Strategy NEEDS.
This strategy recommended that once crude oil is sold, the balance above the budget benchmark is kept in an account called the ECA, by the time that government left and another took over in 2007, both the ECA & Foreign reserve account held over $68b in reserves, in a $200b economy at the time, that reserve was significant enough to whither any storm that came the way of our economy, Much later into the crisis, Nigeria later relaxed its exchange rate to 155 to a dollar. now we know that Nigeria had in the past stood resilience in the face of global shocks with a culture of Savings.

Global economic meltdown is worse than crude shock because in a meltdown, major economies are affected, capital flight becomes common in developing economies, crude oil customers reduce demand thereby pushing prices lower, the saddest part is that no country has money to borrow anyone during global meltdown, yet Nigeria Survived it with Soludo's brilliant strategy. A strategy that was blatantly refused by the previous administration when suggested by Iweala, recall that Iweala worked with Soludo in that NEEDS team.


Fast forward to 2015, Three out of the top four producers of crude oil in Africa by their production, Nigeria, Angola, Algeria and Egypt were all in recession even though Egypt does not significantly depend on oil but her economy was shattered. Algeria escaped recession because by 2014, just like Nigeria in 2008, Algeria had a foreign reserve balance of $194b in a $156.1b economy (122% of GDP in savings).You can see that the Robust reserve of Algeria was their savior in this modern crude oil shock era. The previous administration in Nigeria boasted of leaving behind a paltry $19b for a $500b economy at the time (3.8% of GDP), that amount is not even enough to pay for imports let alone absorb global shocks, so Nigeria can be rightly described in late 2014 as an oil dependent economy with no savings. How important is this savings?

Lets take our research to the Second largest producer of crude oil Angola, just like Nigeria with no significant savings, Angola's challenges needs no introduction, let facts speak for itself

Angola suffered severe Forex & currency challenges just like Nigeria. According to Bloomberg
They not only devalued their currency, they equally allowed it to float like Nigeria's
Angola devalued its currency as the OPEC member sought to revive an economy still reeling from the oil-price crash four years ago.

The kwanza fell 11 percent to 187.95 per dollar by 3:35 p.m. in Luanda and depreciated 10 percent to 221.75 against the euro. The move came a day after the central bank allowed the currency to weaken in its first auction of foreign exchange since announcing it would end a dollar peg that’s been in place since April 2016.....Bloomberg
https://www.bloomberg.com/news/articles/2018-01-09/angola-kwanza-weakens-in-first-currency-auction-after-peg-lifted

Borrowing to fund Budget deficits, just like Nigeria, Angola has borrowed to the point of requesting a bail out from the IMF
https://www.vanguardngr.com/2018/08/angola-says-to-request-4-5-bn-imf-loan-as-crisis-lingers/

Unemployment Rate in Angola increased to 20 percent in 2017 from 19.90 percent in 2016.
https://tradingeconomics.com/angola/unemployment-rate


Inflation in Angola was a whooping 23.67 percent in December 2017, data on the national statistics agency's website showed on Wednesday.
Price growth on a month-on-month basis rose to 1.47 percent in January from 1.2 percent previously.

Poverty in Angola
According to Angola's 2001 MPI, more than 77% of the population was multidimensionally poor. ... The latest available World Bank figure for income poverty in Angola, from 2008, shows that 36.6% of the population is income poor. Angola's population is currently estimated at 29.7 million.

I can go on and on the list is endless, as a matter of undeniable fact, Angola just like Nigeria are the largest producers in Africa, they practically did not save enough and they were hit hard by crude price shock. to balance the analysis, it will be unfair to discuss those that didn't save without giving kudos to those that saved, like i said previously, Algeria saved a whooping $90b when the going was good, as such its economy was immune to crude shock.

Russia like we said though had currency challenges during the period under review ostensibly because of western sanctions, Russia had over $400b in reserves by ending of 2014.

Saudi Arabia was immune to crude shock not without little currency & subsidy issues ostensibly because of its huge financing of the war in Yemen, they were sitting on a comfortable $732b by the end of 2014.

My country men, you can see that this suffering was brought upon us by mismanagement by the same people that are warming up to continue from where fate has left us, if buhari had $100b in our foreign reserve in 2015, we wont be hungry today, we wont lose our jobs, we wont lose our manufacturing industries, this is the truth that shall set us free!

Some even blamed it on Avengers attack of 2016

Niger delta avengers was a non issue, if you noticed, I expunged them from my initial analysis, here is why;
We were in crude shock from late 2014, Avengers struck in 2016, since 2014, your GDP wasn't showing any growth but retrogression or doldrums meaning you were heading towards recession anyways as a result of crude shock.

If Avengers did not strike, OPEC would have asked us to cut production to boost prices,
read:
https://www.bloomberg.com/news/articles/2016-09-28/opec-said-to-agree-on-first-oil-output-cut-in-eight-years

So Avengers or any form of production cut at the time was a non issue. OPEC gave us production cut waiver because Nigeria has already declared force-majore in most of its crude oil export channels.

Nigerian people, what is your present government doing to stem this tide that has shocked the fabrics of our nation to the Marrow?


The vice president being the economic manager of the country Launched the ERGP, with it Nigeria even in recession was able to save $47b in our foreign reserve, at this pace, I have no doubt that this money will hit $100b in the next 4yrs, that is a guarantee that our economy will become immune to global shocks once again, not just crude shocks alone. (Algerian model)

The moment that money crossed $40b mark, forex shortages disappeared, importers stopped complaining, manufacturers stopped complaining of dollar scarcity, debit cards relaxed their limits etc, that was a killer stroke in our economic recovery strategy, inflation immediately responded to the potency of the ERGP from 18.8% in 2017 to 11.23% in 2018.
This reserve will boost investors confidence that the economy is liquid enough for profit repatriation, that is how the jobs will return, job creation is private sector driven, not govt.

Among the three oil dependent economies in Africa that landed in recession within the same period, Nigeria was the first to exit recession, that was historical & mind blowing, despite fighting terrorism and with a massive population, we did it first before any other country.

By Blocking loopholes Our Federal allocation that used to be a misery 311b naira in june 2016 is between 600-700b naira in presently.
This volume if held steady will continue providing liquidity that will surely inflate the economy.

Nigeria is building a Gas liquefying plant called the NLNG train 7 project, that will in a way increase revenue from Gas against depending on oil alone, there are other ongoing Gas projects like the AKK projects and other Gas for power projects, rightly put, the economy is being diversified towards gas. (Russian model)
https://www.vanguardngr.com/2018/07/nnpc-signs-agreement-for-seven-critical-gas-projects/

As you can see here, Manufacturing is gradually expanding, next will be jobs returning on its own


https://www.thisdaylive.com/index.php/2018/07/08/cbn-at-57-0-pmi-manufacturing-sector-expanded-in-june/amp/


We don't need Atiku's stealing to truncate an economic process already in recovery.


In conclusion, I can state for a fact that the economic challenges of this country has nothing to do with Buhari under the circumstances he met on ground, we have a chance to fix culpability of blames where it rightly belongs on crude shock, or replace this government whose framework seems promising with another leadership of questionable integrity.

Buhari is like a mechanic that was given a car to fix, only for the car owner to accuse him of being the problem of the car when he is yet to fix anything.


We shall never go back to past governments whose inaction landed us in this mess in the first place.
leadership in the past that we tasked to privatize our establishments, all failed save for the one that ended up in his pocket, yet he claimed to create Jobs? How many jobs were lost in that privatization scam where 56 government entities perished?

Where is our NITEL, ALSCON, Nicon Insurance to mention a few? Leadership that claims to create jobs but his company PRODECO folded up? Leadership that claim to create jobs yet it was Buhari that sacked foreigners littered everywhere in his company, does an ordinary logistics company need that much foreigners?

Leadership that is a case study for corruption and money laundering by the US Senate committee on Homeland security, Leadership that preaches restructuring but enjoys monopoly in Niger delta sea ports? Atiku is a walking scam, may we not walk into the scam called Atiku because of lies peddled and perfected by the same holocausts that landed us in bondage, every scam comes with a loud noise, say No to Atiku, we cant move from Abacha loot to Atiku loot at this perilous time.

It will be very dangerous and retrogressive to have a leader that is in bad terms with the international community, remember that the united states is the Fulcrum of our war against insurgency, one will argue that if America doesn't sell arms to us we go to Russia, the world works differently now under Donald trump, ask yourself, why did Jonathan not go to those people when America sanctioned him under the Leahy's ban? Yet he sat idly and watched Boko haram slaughter tens of thousands eventually took LGA's? American ban is as good as a global ban, recall how South Africa seized funds Jonathan wanted to use for arms purchase, please dont ask me what is South Africa's business with a US ban, that is how the world works.

In 2017, the US congress passed a law called Countering America's Adversaries Through Sanctions Act, CAATSA to promote the America first agenda while sanctioning countries that do business with American's enemies. If Atiku (God forbid) becomes the president as much as thinks about going to Russia for help, Nigeria will end up in CAATSA web, and that is when the true Hunger will manifest.

Can you live under a US sanction like North Korea and Iran? can you live with a Boko haram that is out of control? A boko haram that once
bombed Abuja for fun but Today the once Almighty Shekau is in hiding? what about other support we get from the US like the USAID? free immunization? Polio prevention? HIV and AIDS vaccines? Machinery and oil and gas technologies etc? are you willing to throw away all these because of a criminal whose greed led him to commit atrocities in the United states or hate for Buhari that is built on lies?
When faced with these realities, Atiku will never achieve anything, rather he will steal what we have left and disappear like he did in the US.

May God help us!!

Watch Peter obi summarize this analysis

https://twitter.com/i/status/1058007016810123264

3 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Kagawa10: 10:07am On Feb 18, 2019
Blacklord0739:

Just imagine how stupid you are,chaiiii....
Naso Yoruba dey make mouth but fight like this,dem go run, stupid tribe and beside who told you that I am Igbo person....chaiiii,now I know you're mad from a useless descendant...... You fit to slap face to face,e bi like sey,una plenty well well for your family.... Mumu goat

Lol. You mean like we have your crying Enugu governor after Fulani ravaged your land? Or The Igbo that ran back to their village during June 12 Saga? We all know how Kanu Nnamdi and Ojukwu fled in women clothes after wasting million of Igbo, Ibo and chest beating, very synonymous.

2 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by NothingDoMe: 10:09am On Feb 18, 2019
Clerverly:
[s][/s]

Ochejoseph, why do you like deceiving yourself? grin grin

Atiku will lose this Election Woefully.. In fact he failure will start from Adamawa...He will lose his state to Buhari... Bookmark this.
Tell Festus Keyamo that I have bookmarked this.

I keep telling you people that this tribal move is a misfire and will be used against you. Once places like Adamawa catch wind of what you guys are doing, all votes will swing to their son.

2 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by tuniski: 10:11am On Feb 18, 2019
Viergeachar:
True

As much as I dislike a Buhari second term, allowing the Igbos have a political edge over Yorubas is not an option either.
Oyo for you Nigeria belongs to us all. I am yoruba and give red card to buhari/Osinbajo. #PresidentElectAtiku

4 Likes

Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Kagawa10: 10:11am On Feb 18, 2019
Esseite:


You really have no idea...

Don't Nigeria import Petrol?... don't you get petrol from crude?

When crude sells higher, the refineries buy higher aswell and sell refined petrol higher... it's simple logic.

GEJ subsidized it at N87 when we were supposed to buy 4 times the price..


Buhari sure knows his audience.

You are an ode. Simply answer the question I asked you or keep quiet.

No country would cut down refined oil for anyone at a cheap rate. Ghanians are even buying petrol fuel at a high rate of 500 naira today yet eediot like yourself are complaining of 145. You are stupid.
Re: 2019 Presidential Election: I Am Not A Naive Yoruba Man by Kagawa10: 10:13am On Feb 18, 2019
tuniski:

Oyo for you Nigeria belongs to us all. I am yoruba and give red card to buhari/Osinbajo. #PresidentElectAtiku

You are no more Ofa man. Dey there deceive your stupid self.

1 Like

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