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PDP - Failure. Pictorial Collection. - Politics (4) - Nairaland

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‘What Comes To Mind When You Hear PDP?’: Failure ― Buhari / Farewell, Governor Ambode: A Pictorial Documentary Of Some Of His Achievements / APC Women And Youth For South East Rally At Owerri, Imo State. PICTORIAL. (2) (3) (4)

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Re: PDP - Failure. Pictorial Collection. by Sunday2021: 2:48pm On Jan 10, 2022
Kabongo1:

Is Nigeria safer today than it was back then?

Can you drive safely in the country now without fear of herdsmen?
Please can you share a map or something that shows the spread of boko haram in 2014 and today?
I ask again, is Nigeria safer today than in 2014?

Please answer with facts, figures and references.

Thank you
go and ask someone from maiduguri,Adamawa, yobe, plateau, Abuja to compare the security situation in those states during the PDP era and now the APC 7 years.
You guys were celebrating while people are being killed in the north. If you didn't visit maiduguri between 2011 and 2015 , then am sorry I will tell you that you know nothing about the security situation of this country.
Re: PDP - Failure. Pictorial Collection. by NGpatriot: 8:00pm On Jan 10, 2022
[s]
ivolt:

Can you provide the receipts or the bank accounts the funds were deposited?

That is even too much.
Name one person who actually donated any money for the construction.
[/s]

I'm not available for trolling and your ipob rubbish..

1 Like

Re: PDP - Failure. Pictorial Collection. by ivolt: 9:19pm On Jan 10, 2022
NGpatriot:



I'm not available for trolling and your ipob rubbish..
But you are available for telling barefaced lies.
Re: PDP - Failure. Pictorial Collection. by NGpatriot: 9:49pm On Jan 10, 2022
The FAILED PDP party scammed the SE people, collected their votes for 16 years, did not commission one single project anywhere in the SE and did not pay 1 kobo pension to Biafra veterans, but the Buhari they hate so much paid their pension.

Re: PDP - Failure. Pictorial Collection. by Nobody: 9:56pm On Jan 10, 2022
NGpatriot:
A once vibrant Nationa treasure, a source of pride and Nigerian identity, it was destroyed in the blink of an eye along with thousands of jobs...

Another PDP destruction of the Nigerian economic foundation.



Nigeria airways destruction predates PDP coming into power.

In 1979, Obasanjo left power with 32 planes in the inventory. When he came back in 1999, the airline was in a mess, and just had one aircraft.

Nothing he could do. He simply liquidated the airline in 2001. By then, it had gone beyond the point of no return.

Not his fault, and in fairness he was upset about it.But reviving it at that point...not possible.
Re: PDP - Failure. Pictorial Collection. by Nobody: 9:58pm On Jan 10, 2022
JAMO84:
Africa number one wey dey take loan from Burundi to pay 18 000 naira minimum wage

That was because the oil price had dropped below the fiscal breakeven oil price.. Thus no money to pay hence taking loans

It's called oil shock. We were there in the 1980s, and have been there since 2014....
Re: PDP - Failure. Pictorial Collection. by Nobody: 9:58pm On Jan 10, 2022
NGpatriot:
Just imagine how many jobs disappeared, with 820 manufacturing jobs lost in 9 years under the PDP.



True, but the oil crash of 2009 might have had a role in it.
Re: PDP - Failure. Pictorial Collection. by Nobody: 10:01pm On Jan 10, 2022
NGpatriot:
After making N51 Trillion from oil, looting and stealing and destroying the economy, they close shop and declared austerity measure, borrowing to pay salaries.






Again, look at the date. Oil prices had been on the downward trend since 2014, April. NOI was telling the truth then

Plus, if you want to bash PDP for taking loans...then blast APC for taking loan after loan too...for the same reason

Moral of the story is, we are too dependent on oil...and your PDP and APC have done nothing about it. Oil money isnt enough. Instead of laughing, cry that APC has done nothing about diversification.
Re: PDP - Failure. Pictorial Collection. by Nobody: 10:03pm On Jan 10, 2022
NGpatriot:
This is the most painful PDP failure.

Too much wealth, swear and labor flushed own the drain by the PDP.

And is Ajaokuta working now? Has APC resurrected it? No.

Plus, any steel coming from here would have to compete with steel from china. Even if ajaokuta was working, chinese steel would have put them out of business.

South Africa had its largest steel mill close few years ago. Chinese steel was the reason.
Re: PDP - Failure. Pictorial Collection. by Nobody: 10:06pm On Jan 10, 2022
NGpatriot:
NEPA wasn't the best, but it was better than the dead goat the PDP did bait and switch and created to cannibalize our power sector just to loot and enrich themselves.

After destroying NEPA, they created PHCN, then they looted and destroyed PHCN by finally deciding to sell the whole thing to their cronies, the sold of power assets worth billion of dollars for small change the people the sold them to don't know anything about power generation, distribution or even power management, now, Nigerians are suffering the effect of PDP's failure, massive corruption and destruction of our economic foundation.

NEPA was not the best because Nigerians were not ready to make it a private company.

Same with the DISCOS. Until DISCOS are allowed to set their price, so that they can make a profit, they won't be profitable enough to fix power.

If you want to blame PDP, don't blame them for privatization. IT WAS OVERDUE. Blame them for putting in laws that prevented the power sector from not charging the tariffs they want. Something APC is refusing to do.
Re: PDP - Failure. Pictorial Collection. by JAMO84: 10:09pm On Jan 10, 2022
backbencher:


That was because the oil price had dropped below the fiscal breakeven oil price.. Thus no money to pay hence taking loans

It's called oil shock. We were there in the 1980s, and have been there since 2014....
If you tell them that oil price is the most important thing in our economy, they will not agree. All they know is that, Buhari destroyed the best economy in the history of mankind.
Re: PDP - Failure. Pictorial Collection. by Nobody: 10:14pm On Jan 10, 2022
JAMO84:
If you tell them that oil price is the most important thing in our economy, they will not agree. All they know is that, Buhari destroyed the best economy in the history of mankind.

So why don't you use the same argument for PDP re their borrowing.?

At the end, both PDP and APC are the same.

We run an economy that relies on oil. And because of the fluctuations in oil price, we never have enough. So we have to borrow.

Same for most other African countries (replace oil with gold, platinum, diamonds, etc).

Problem I have with this thread , and with your PDP pals complaining about Buhari's borrowing is that you guys don't want to face the reason why we borrow.

Borrowing for you and your PDP opposite numbers is just a means to mudsling each other.
Re: PDP - Failure. Pictorial Collection. by NGpatriot: 10:30pm On Jan 10, 2022
Abandoned for 30 years and the FAILED PDP after 16 years in office did not even bother to touch it, but PMB completed the project in less than 3 years..

Competence, sense of duty and patriotism.

Re: PDP - Failure. Pictorial Collection. by Idiko1: 10:41pm On Jan 10, 2022
I must reiterate the fact that disintegration is the only best answer to the question of Nigeria as a zoo.
Re: PDP - Failure. Pictorial Collection. by JAMO84: 10:44pm On Jan 10, 2022
backbencher:


So why don't you use the same argument for PDP re their borrowing.?

At the end, both PDP and APC are the same.

We run an economy that relies on oil. And because of the fluctuations in oil price, we never have enough. So we have to borrow.

Same for most other African countries (replace oil with gold, platinum, diamonds, etc).

Problem I have with this thread , and with your PDP pals complaining about Buhari's borrowing is that you guys don't want to face the reason why we borrow.

Borrowing for you and your PDP opposite numbers is just a means to mudsling each other.
Even though I agree that they had to borrow at the time because of oil slump, but in the previous years, they had oil boom but squandered instead of saving.


The difference between APC and PDP borrowing is, PDP made a lot of money earlier, while APC has been in financial crunch from the onset.


The aggressive infrastructure drive of the Buhari administration is the only thing that will diversify our economy, but Nigerians want magic. They fail to understand that development takes time, and that is why we are saying that they should have started a long time ago.

Re: PDP - Failure. Pictorial Collection. by Idiko1: 10:46pm On Jan 10, 2022
NGpatriot:
Abandoned for 30 years and the FAILED PDP after 16 years in office did not even bother to touch it, but PMB completed the project in less than 3 years..

Competence, sense of duty and patriotism.


https://www.nairaland.com/attachments/14804604_1_png4a47a0db6e60853dedfcfdf08a5ca249

https://www.nairaland.com/attachments/14804606_2_jpegea571676ce9b75b0730a5d56350ae93e


Please stop regurgitating meaningless craps by foolish Nigerian news outlets. You sang about freight services yet posted a picture of passenger coach.
Re: PDP - Failure. Pictorial Collection. by NGpatriot: 11:18pm On Jan 10, 2022
For the first time, we are connecting Nigeria via modern rail system and moving goods and services vial rail.

With good, dedicated and great leadership, anything is possible..

Re: PDP - Failure. Pictorial Collection. by NGpatriot: 2:19am On Jan 11, 2022



If we are to go with the 2004 phase three of the Privatisation programme, by now the Nigeria Ports Authority, the Nigeria Railway Corporation and the Nigerian National Petroleum Corporation and their subsidiaries should have been privatised.

The privatization of enterprises had scheduled under the first phase was completed between 1999 and 2003.These were commercial and merchant banks, cement companies that were already quoted on the Stock Exchange. These enterprises which were divested through public offers or a combination of public offer and core investor sale were: NAL Merchant Bank, International Merchant Bank (IMB), FSB International Bank, Unipetrol, African Petroleum (AP), Assurance Bank, National Oil and Chemical Company Plc. (NOLCHEM), West African Portland Cement Co (WAPCO), Ashaka Cement Co. Plc (Ashaka Cem), Northern Nigerian Cement Company Plc (NNCC) and Benue Cement Company (BCC).

The second phase was concerned with public enterprises engaged in sectors where the prices of their respective output/services were largely market-determined. A number of enterprises in this phase have either been fully privatized or partially privatized through sales to strategic/core investor groups and offer to the investment public on the floor of the Nigerian Stock Exchange.

These included: Festac 77 Hotel, Nigerdock Limited, Assurance Bank Nigerian Ltd, Electric Meter Company of Nigeria (EMCON), Calabar Cement Company Ltd. (CALCEMCO), Nigeria Cement Company Plc. (NIGERCEM), Savannah Sugar Company Ltd., National Truck Manufacturers, Kano, Nigerian Re-insurance Corporation, Niger Insurance Plc, Capital Hotel Plc. (Owners of Sheraton Hotel and Towers, Abuja), Daily Times of Nigeria Plc., Ore-Irele Oil Palm, Leyland Nigeria and Ihechiowa Oil Palm. Others are Central Packages Company Ltd., Afribank Plc, 4 nos. Bricks and Clay Companies (Subsidiaries of Nigerian Mining Corporation), Concession of Nigerian Ports (Lagos and Port- Harcourt Terminal), NICON Insurance Corporation, NICON Hilton Hotel, Nigerian Aviation Company, Nigeria Unity Line, Ayip Eku Oil Palm, Steyr Nigeria Limited, Eleme Petrochemical Company Limited, Federal Superphosphate Fertilizer Company, Kuru Quarry, Jos and Volkswagen Nigeria Limited were sold.

Delta Steel Company Ltd was sold in February 2005 with gross proceeds of $30million dollars. Other enterprises that were sold were National Trucks Manufacturers, Kano, sold in April 2005 with a gross proceeds of $3.01 million dollars, Leyland Nigeria Limited, sold in 2005 at a proceed of N274 million naira, Central Packaging Limited (June 2005) at a proceed of N141million naira, Ikorodu Bricks (June 2005) at a proceed of N310million naira, Ibadan Bricks and Clay (June 2005) at a proceed of N175million, Enugu Bricks and Clay (June 2005) at a proceed of N50million naira, Ihechiowa Oil Palm (July 2005) at a proceed of N34million naira, Afribank Plc (June 2005) at a proceed of N5.1 billion naira, Calabar Cement Company Ltd. (August 2002) at a proceed of N216million naira, Niger Insurance Plc (December 2002) at a proceed of N622million naira, Festac 77 Hotel (January 2002) at a proceed of N1.01 billion naira, Central Hotel, Kano(July 2004) at a proceed of N642.5million, Savannah Sugar Company Ltd. (December 2002) at a proceed of N1.35 billion naira, Nigeria Reinsurance Corporation(December 2002) at a proceed of N1.01 billion naira, Daily Times of Nigeria Plc(June 2004) at a proceed of N1.25billion naira, Ore-Irele Oil Palm (September 2004) at a proceed of N166.02million naira, Osogbo Steel Rolling Company Limited (November, 2005) at a proceed of N2.61 billion naira, Katsina Steel Rolling Mill(November 2005) at a proceed of N335million naira, Steyr Nigeria Limited (December, 2005) at a proceed of N800milion naira, Nigerdock Nigeria Limited (December 2001) at a proceed of 3.4billion naira, Assurance Bank Nigeria Plc (March 2002) at a proceed of N853.2million, FSB International Bank Plc. (April 2001) at a proceed of N1.65 billion naira and NAL Merchant Bank Plc. (April 2001) at a proceed of N1.42 billion naira.


The Central Government did not name investors that bought FSB International Bank Plc., NAL Merchant Bank Plc., International Merchant Bank Plc, Cement Company of Northern Nigeria, Nigeria Hotels Limited, Ikoyi Hotels Limited and many other companies which bring up the question of transparency.


According to the PREMIUM TIMES, the Central Government wants to sell the following—-Yola Electricity Distribution Company, Mineral House, Lagos, Zungeru Hydro Power, Conclusion of Afam Power and Afam three Fast Power Limited, Geregu Power (20% shareholding sale), Nigerian National Integrated Power Project, Transmission Company of Nigeria, Refineries, NIPOST Restructuring and Modernisation, Nigerian Film Corporation, The Abuja Environmental Protection Board (AEPB), Nigeria Hotels (in liquidation), NITEL/MTEL Residual issues, Abuja Water Board, FG’s Shares in Sales Sugar Company, International Conference Centre, River Basin Development Authority, Tafawa Balewa Square, Lagos International Trade Fair Complex, Restructuring of FMBN/FHA and Bank of Agriculture.



Don't you feel like crying? Just look at the massive amount of public enterprises the FAILED PDP sold for small change and the massive jobs they eliminated.

I don't know how these heartless looting and stealing FAILED PDP clowns sleep at night.

1 Like

Re: PDP - Failure. Pictorial Collection. by NGpatriot: 2:22am On Jan 11, 2022


A lot of jobs have been lost through this privatization programme and millions of people have been thrown in the unemployment market. Some of these companies privatized were established by loans procured by the Central government on behalf of the government and people of Nigeria and it is the people of Nigeria that have to repay the loans. Of what benefit has this Privatisation programme been to the people of Nigeria and what impact.

I think the privatization programme was just an opportunity by the Central Government to allow very few individuals to buy our COMMONWEALTH at give away prices. They used our money through their authority, position, contacts and influence to buy our COMMONWEALTH for themselves.

Some of the sale of these companies is shrouded in secrecy. Those who benefitted are quick to defend the Privatisation programme with sound arguments the way exploiters defend their actions. As usual, helpless as we are, there is nothing we can do about it.
Concluded.

https://guardian.ng/opinion/does-privatisation-serve-public-interests-part-2/

May the FAILED PDP rot in hell.

SMH....

1 Like

Re: PDP - Failure. Pictorial Collection. by omoalaro: 7:45am On Jan 11, 2022
Nawao, good for the records.
Re: PDP - Failure. Pictorial Collection. by Ovamboland(m): 4:50pm On Jan 12, 2022
NGpatriot:




Don't you feel like crying? Just look at the massive amount of public enterprises the FAILED PDP sold for small change and the massive jobs they eliminated.

I don't know how these heartless looting and stealing FAILED PDP clowns sleep at night.


They even sold a govt company at 34m naira, just dash to their cronies and families, why wont poverty escalate with attendant insurgency
Re: PDP - Failure. Pictorial Collection. by jcross19: 5:52pm On Jan 12, 2022
Ovamboland:


Abuja, Sokoto, Kano, Gombe, Kogi, Niger were all ravaged and bombed by Boko Haram elements from 2010- 2015
and what about now!! Nigeria has turned to world capital of poverty!!!!.
Re: PDP - Failure. Pictorial Collection. by jcross19: 5:56pm On Jan 12, 2022
They don't start their with antics ooooooh.... Is not going to work.. In ondo community where Fulani's herdsmen were having field day...... May God put in confusion in the camp of APC to save Nigerians oooooooh if not there will be mass suicides in the future
..

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