The president said that the "government would soon be taking strong and harsh measures which might be painful at the beginning.

“Such measures may be tough and painful. These measures, which are definitely necessary, may appear painful to the ordinary people, but they are needed if we are to grow the economy,” he said,

http://www.businessdayonline.com/NG/index.php/news/76-hot-topic/23727-expect-tough-economic-policies-jonathan-tells-nigerians

my people, wetin this man they yarn? did we vote him there to come and make things difficult for the ordinary man? why can't he formulate policies that will make things difficult for the rich? why ordinary man? I don tire
I weep for Nigeria

He should start from the top
Cut government salaries.
merge ministries. . .

Brb.

wetin this man mean sef? instead of making things difficult for boko haram and people like bank-ole that loot  the treasury, he is after ordinary Nigerians wtf does he mean?  

^^^^^ LOL
Na wa for una !!!!! This na early warning to avoid anyone saying he was not informed.

donspony:

He should start from the top
Cut government salaries.
merge ministries. . .

Brb.

my bother that's what gej cannot do, he is afraid, and can't touch any of their salary,
tell me what has he done since he was sworn about a month ago? keeps talking bullshit about electricity generation,
and the electricity situation is still where it was two years ago, right now I am using generator.  tomorrow will make this man 30 days in office and very soon it will be 100 days, what has he done for the past 30 days?  

haka_nai:

^^^^^ LOL
Na wa for una !!!!! This na early warning to avoid anyone saying he was not informed.

you r correct, signs of gej not being sure of himself, using stupid economics terms to hide his inefficiency, I regret voting for this man

OP, now I know you are really sick in the head. Your hatred for your president wouldn't let you reason properly. How do you intend to turn around this import dependent economy without the populace going through some pains for the betterment of our tomorrow. Mr President, we are right behind you

more IMF structural adjustment policies are on the way as well as currency devaluation - get ready!

President Goodluck Jonathan has said the Federal Government would take hard decisions in its bid to move the economy forward.

He, however, assured that government would protect local manufacturers from dumping and would also support them with incentives like waivers.

Speaking at the official commissioning of the May and Baker Pharma Cenre in Sango-Ota, Ogun State, the President said: “Government will take hard decision that will create some inconveniences, but bear with us.

“The private sector will play a key role. We will take hard decision that will appear painful to the ordinary people, but in the long run, it will be for the good of all.

“We cannot talk of achieving Vision 20: 20-20 if we continue to import most of our industrial needs. We will create an enabling environment by tackling, the power challenges.

“Nigeria will no longer be a dumping ground for all sort of products. That’s why we take time in selecting our economic theme for building a strong economy.”

The President said that Nigeria would no longer be a sleeping giant. He cited China and Uganda as examples of countries which, he said, shut their doors on importation.

He said: “Those hard decisions will affect importation of products.” He promised to use the next four years to work in ensuring that irritating investment environments were addressed.

The President commended the efforts of the management of May and Baker, adding that other companies should emulates them.
The chairman of the company, General Theophilus Danjuma, who described May & Baker as the country’s leading pharmaceutical company, told President Jonathan that the company currently has 800 staff on its payroll.

Danjuma also stated that the company was in the process of obtaining the World Health Organisation’s global regulation certificate and assured that it would continue to meet and promote global standard.

Ogun State Governor, Senator Ibikunle Amosun, in his address, assured local manufacturers in the state that his administration would do everything humanly possible to encourage them.

“We shall assist her to recoup part of the investment with viable and encouraging incentives. This also applies to other organizations that have invested or planning to invest in the state. We will do everything possible to support your business and investment aspiration.”

“Members of the Organized Private Sector (OPS) would soon be invited to a round table conference to agree on the various ways in which we can give this support.

“We must realize that government alone cannot should the responsibility of wholesome development. We must find ways of encouraging private partnership for the development of our dear state.”

He urged the people of the state especially host communities, to provide the necessary support and co-operation for the expansion of both public and private investments in their communities.



please, can someone tell me what is wrong in trying to encourage local manufacturers, create the right incentives through waivers and tax holidays just for the likes of the OP to have something doing?

warrior01:

OP, now I know you are really sick in the head. Your hatred for your president wouldn't let you reason properly. How do you intend to turn around this import dependent economy without the populace going through some pains for the betterment of our tomorrow. Mr President, we are right behind you  

, yeah we u are right behind him, its you and gej that should get their head examine, talking about import dependent, u and gej _{(that's if he knows you at all)} should set example with yourselves and not with ordinary Nigerians, here he's talking about discouraging import, and if I may ask, the shoe he wore yesterday, is it Nigerian made? , so he wants to start the experiment with the ordinary man, right? mazi warrior its u that should get your head examine

Things are already hard for the masses, please don't make it harder.

Now I know you are such a slowpoke that opens his mouth to make comments on what he doesn't even comprehend. Aturu hausa

warrior01:

President Goodluck Jonathan has said the Federal Government would take hard decisions in its bid to move the economy forward.

He, however, assured that government would protect local manufacturers from dumping and would also support them with incentives like waivers.

Speaking at the official commissioning of the May and Baker Pharma Cenre in Sango-Ota, Ogun State, the President said: “Government will take hard decision that will create some inconveniences, but bear with us.

“The private sector will play a key role. We will take hard decision that will appear painful to the ordinary people, but in the long run, it will be for the good of all.

“We cannot  talk of achieving Vision 20: 20-20 if we continue to import most of our industrial needs. We will create an enabling environment by tackling, the power challenges.

“Nigeria will no longer be a dumping ground for all sort of products. That’s why we take time in selecting our economic theme for building a strong economy.”

The President said that Nigeria would no longer be a sleeping giant. He cited China and Uganda as examples of countries which, he said, shut their doors on importation.

He said: “Those hard decisions will affect importation of products.” He promised to use the next four years to work in ensuring that irritating investment environments were addressed.

The President commended the efforts of the management of May and Baker, adding that other companies should emulates them.
The chairman of the company, General Theophilus Danjuma, who described May & Baker as the country’s leading pharmaceutical company, told President Jonathan that the company currently has 800 staff on its payroll.

Danjuma also stated that the company was in the process of obtaining the World Health Organisation’s global regulation certificate and assured that it would continue to meet and promote global standard.

Ogun State Governor, Senator Ibikunle Amosun, in his address, assured local manufacturers in the state that his administration would do everything humanly possible to encourage them.

“We shall assist her to recoup part of the investment with viable and encouraging incentives.  This also applies to other organizations that have invested or planning to invest in the state. We will do everything possible to support your business and investment aspiration.”

“Members of the Organized Private Sector (OPS) would soon be invited to a round table conference to agree on the various ways in which we can give this support.

“We must realize that government alone cannot should the responsibility of wholesome development. We must find ways of encouraging private partnership for the development of our dear state.”

He urged the people of the state especially host communities, to provide the necessary support and co-operation for the expansion of both public and private investments in their communities.



please, can someone tell me what is wrong in trying to encourage local manufacturers, create the right incentives through waivers and tax holidays just for the likes of the OP to have something doing?

There is absolutely nothing wrong with what he is trying to do in creating proper incentives for local manufacturers like May & Baker, but he has to strike the right balance between tightening import regulations and creating these incentives. Goods would become expensive (which is probably why he said it would be painful) and push up inflation without this sort of balance- because at moment it is cheaper to import some commodities into the country than to manufacture them locally- which shows how much work needs on the economy outside the import rules.

He has to allow the market to dictate prices to an extent and also focus on creating a conducive environment for foreign investors. Completely "shutting the door" on importation alone would be the right move at the wrong time.

Same thing OBJ said as soon as he won the second term election. So, suffering unlimited, God dey sha!

2bosun:

There is absolutely nothing wrong with what he is trying to do in creating proper incentives for local manufacturers like May & Baker, but he has to strike the right balance between tightening import regulations and creating these incentives. Goods would become expensive (which is probably why he said it would be painful) and push up inflation without this sort of balance- because at moment it is cheaper to import some commodities into the country than to manufacture them locally- which shows how much work needs on the economy outside the import rules.

He has to allow the market to dictate prices to an extent and also focus on creating a conducive environment for foreign investors. Completely "shutting the door" on importation alone would be the right move at the wrong time.

which environment is he creating for foreign investors to come in? if you are a foreign investor will you come in? even the IG is not safe is this country, if not for God the IG will have been killed by Boko Haram last week, the guy is clueless as at this moment, instead of making things difficult for the corrupt politicians and d Boko Haram guys, he's targeting the ordinary Nigerians, is it fair?   , A=beg do not be deceive by this man, I repeat as at now, gej is clueless, lets just hope that God will listen to our cries and help us.

Take example the electricity situation, gej have talk about improving electricity supply for more than 365 days now, and we have not seen any improvement, at least we should be having light now uninterrupted for 72 hrs to talk of any improvement after more than 1 year, but the reverse is the case. All I know is that this his economic bullshit is another wild geese chase

what will he achieve if he kill d masses b4 he achieves his economic "growth"
was his campaign motto,if he ever had any, transformation or more suffering?

Imeobong:

which environment is he creating for foreign investors to come in? if you are a foreign investor will you come in? even the IG is not safe is this country, if not for God the IG will have been killed by Boko Haram last week, the guy is clueless as at this moment, instead of making things difficult for the corrupt politicians and d Boko Haram guys, he's targeting the ordinary Nigerians, is it fair?   , A=beg do not be deceive by this man, I repeat as at now, gej is clueless, lets just hope that God will listen to our cries and help us.

Take example the electricity situation, gej have talk about improving electricity supply for more than 365 days now, and we have not seen any improvement, at least we should be having light now uninterrupted for 72 hrs to talk of any improvement after more than 1 year, but the reverse is the case. All I know is that this his economic bullshit is another wild geese chase

We are saying the same thing. The importation ban is not what is needed right now. He needs to focus on things you said like security, power etc. If he tackles the power situation alone in his 4 year term, I think most Nigerians will be satisfied. Foreign investors will come if the structure is there- let's not even talk about security yet.  Sao Paulo, Brazil is one of the world's most dangerous city yet all multinational companies are flocking to Brazil now because of how easy it is do business and most importantly how much profit they can realise from doing business there.

warrior01:

President Goodluck Jonathan has said the Federal Government would take hard decisions in its bid to move the economy forward.

He, however, assured that government would protect local manufacturers from dumping and would also support them with incentives like waivers.

Speaking at the official commissioning of the May and Baker Pharma Cenre in Sango-Ota, Ogun State, the President said: “Government will take hard decision that will create some inconveniences, but bear with us.

“The private sector will play a key role. We will take hard decision that will appear painful to the ordinary people, but in the long run, it will be for the good of all.

“We cannot  talk of achieving Vision 20: 20-20 if we continue to import most of our industrial needs. We will create an enabling environment by tackling, the power challenges.

“Nigeria will no longer be a dumping ground for all sort of products. That’s why we take time in selecting our economic theme for building a strong economy.”

The President said that Nigeria would no longer be a sleeping giant. He cited China and Uganda as examples of countries which, he said, shut their doors on importation.

He said: “Those hard decisions will affect importation of products.” He promised to use the next four years to work in ensuring that irritating investment environments were addressed.

The President commended the efforts of the management of May and Baker, adding that other companies should emulates them.
The chairman of the company, General Theophilus Danjuma, who described May & Baker as the country’s leading pharmaceutical company, told President Jonathan that the company currently has 800 staff on its payroll.

Danjuma also stated that the company was in the process of obtaining the World Health Organisation’s global regulation certificate and assured that it would continue to meet and promote global standard.

Ogun State Governor, Senator Ibikunle Amosun, in his address, assured local manufacturers in the state that his administration would do everything humanly possible to encourage them.

“We shall assist her to recoup part of the investment with viable and encouraging incentives.  This also applies to other organizations that have invested or planning to invest in the state. We will do everything possible to support your business and investment aspiration.”

“Members of the Organized Private Sector (OPS) would soon be invited to a round table conference to agree on the various ways in which we can give this support.

“We must realize that government alone cannot should the responsibility of wholesome development. We must find ways of encouraging private partnership for the development of our dear state.”

He urged the people of the state especially host communities, to provide the necessary support and co-operation for the expansion of both public and private investments in their communities.



please, can someone tell me what is wrong in trying to encourage local manufacturers, create the right incentives through waivers and tax holidays just for the likes of the OP to have something doing?

jona declares war on yibbos. by the wa,why dem no open the factory for onitsha naa?

Kx:

what will he achieve if he kill d masses b4 he achieves his economic "growth"
was his campaign motto,if he ever had any, transformation or more suffering?

u said it well my brother, all his power is on the poor masses, so is he telling me that he can't improve the economy without the masses suffering? clueless president  

i am confused as to why people are  bashing GEJ. It seems to me the guy is trying to encourage Nigerian made products and self reliance on what we can make and not what we can import. How is this a bad idea?? dang,

engineerd:

i am confused as to why people are  bashing GEJ. It seems to me the guy is trying to encourage Nigerian made products and self reliance on what we can make and not what we can import. How is this a bad idea?? dang,

Bros I tire oooo, Naija no wan hear things hard

We cannot  talk of achieving Vision 20: 20-20

These IDIOTS are still fooling us with ds vision 20:20 all over the place, Vision Ko Blindness 50:50 Ni,

u don't need an acronym to make things work, only in 9ja is everthing giving an acronym. Good punish all of them,

NB. GEJ, cut your Presidential fleet to 2, cut your cabinet of Jonzers as well and den start the pain 4rm the Presidency 1st, b4 u hit the poor man

Haba, why u wan collect from person wery nor get at all.Tsssssscheewwwwwwww.

Egbwe, Egbwe eeeee Pafuka all una heads, like Chief Zebrudaya will say.

How many home made products do they have in Aso Rock

How have they encouraged home made products, 

Even all them ppresidentialmaterial wey den take do campaign na 4rm Switzerland dem bn import am.,Tsssssscheewwwwwwww.

Awon moda f / o r k a r s, gbo gbo,

@OP you should know that good policies are always aimed at achieving long term goals. At the start such policies may appear arbitrary but in the end it always brings abt SUSTAINABLE DEVELOPMENT. And that is what Nigeria needs. The kind of development that is consistent, beneficial and sustainable. If GEJ promises us that he's going to do just that, all we can do is trust our confidence in him that led us to vote him into power!
You should have listened to the whole of that speech and not hear a part of it and jump out to come and talk rubbish on nairaland. He was trying to promote consumption of Proudly Nigerian goods and services.

Then He should get ready for a bloody revolution. Chiekina

this is the same thing ibb said when he wanted to introduce his demonic sap, when obj wanted to increase fuel price and now gej has learned from his mentors and godfathers, now we know where the removal of fuel subsidy is coming from whereby we will be buying fuel for about #110 or #120 per liter. all those who voted gej actually must not complain cos they deserve it. gej, congrats! revolution is at your doorsteps and the military will be the major beneficiary.

what are the measures. Maybe increasing fuel price

All of you that voted for that Pig deserve to be blown to pieces by Boko Haram cos, Eediots, God punish all of una, You all voted out of sentiment and now you're all complaining, Shioo

I'm surprised that we actually expect anything better from the clueless, ineffective and dull President we have.

for where, things are very hard for the poor masses, should they pack and relocate to Ghana or what? A good governance will always aim the Rich not the poor to suffer from their policies

I still have not score GEJ on performance come 1yr I want to see the fresh air

GEJ cannot afford to make life more unbearable for the ordinary Nigerians who gave him their mandate and elected him as their president. He should look elsewhere for the resources he needs to revamp our economy. He cannot afford to bite the fingers that fed him. That would amount to political suicide for him. He should recover all the money that past and present politicians and government office holders have stolen. That would be more than enough to revamp our economy. He should give EFCC more powers and autonomy in handling cases, making arrests and prosecuting all convicted people. He should look for a more capable person to be chairperson of EFCC and he should build more prisons.

ideylaff:

These IDIOTS are still fooling us with ds vision 20:20 all over the place, Vision Ko Blindness 50:50 Ni,

u don't need an acronym to make things work, only in 9ja is everthing giving an acronym. Good punish all of them,

NB. GEJ, cut your Presidential fleet to 2, cut your cabinet of Jonzers as well and den start the pain 4rm the Presidency 1st, b4 u hit the poor man

Haba, why u wan collect from person wery nor get at all.Tsssssscheewwwwwwww.

Egbwe, Egbwe eeeee Pafuka all una heads, like Chief Zebrudaya will say.

How many home made products do they have in Aso Rock

How have they encouraged home made products, 

Even all them ppresidentialmaterial wey den take do campaign na 4rm Switzerland dem bn import am.,Tsssssscheewwwwwwww.

Awon moda f / o r k a r s, gbo gbo,

Gbammm!! u said it all my bro's

mcnikes:

@OP you should know that good policies are always aimed at achieving long term goals. At the start such policies may appear arbitrary but in the end it always brings abt SUSTAINABLE DEVELOPMENT. And that is what Nigeria needs. The kind of development that is consistent, beneficial and sustainable. If GEJ promises us that he's going to do just that, all we can do is trust our confidence in him that led us to vote him into power!
You should have listened to the whole of that speech and not hear a part of it and jump out to come and talk rubbish on nairaland. He was trying to promote consumption of Proudly Nigerian goods and services.

why should good policies always be targeted at the ordinary Nigerians? If he mean so well for Nigerians, why can't he use himself as an example? why did he mention ordinary Nigerian? why use that word? the guy gej is clueless as far as I am concern. And if I may ask you Mr no all , is he using Nigerian goods and services? his phone, shoes, wallet, wrist watch etc I know is not made in Nigeria,

[size=8pt]“The private sector will play a key role. We will take hard decision that will appear painful to the ordinary people, but in the long run, it will be for the good of all."[/size]

Why we the ordinary people?