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Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) - Politics (7) - Nairaland

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Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by GeneralDae: 10:23pm On Jun 09, 2022
erniok:

Which year did Brent get to $140 to even exceed it. Get your facts right before regurgitating street anthems.
You are right, it was at Yar Adua's time not Jonathan's time, I got it wrong there.
However, you can't deny that until late 2014, Oil prices on the average hovered around 110 dollars per barrel.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by SocialJustice: 10:24pm On Jun 09, 2022
And some dead brains want another economic vulture to rule for another 8 years.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by GeneralDae: 10:29pm On Jun 09, 2022
Atk1nson:


Buhari took nigeria into a recession before the pandemic even started....same thing he did when he was a military ruler.

The guy is a serial failure
Google Buharism. It is a unique term for Buhari's policies.

The policies are great long term if implemented well but they bring sufferings short term. Because of Buharism, Babangida took action in 1985 due to the suffering of the masses, but I which he didn't.

We suffered then but we would have reaped the benefits long term. Babangida came in and immediately took us into the IMF trap.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by petermichaels(m): 10:31pm On Jun 09, 2022
D devil Na him get 0.81. Kai. A Failure In Every aspect
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by fof1: 10:44pm On Jun 09, 2022
TheStakeHolder:
Not peculiar to Nigeria alone.

The decline is due to the global economic recession ocassioned by the pandemic.

lipsrsealed

KEEP DECEIVING URSELF UNTIL YOU DIE PLS
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by ogatboy(m): 10:52pm On Jun 09, 2022
TheStakeHolder:
Not peculiar to Nigeria alone.

The decline is due to the global economic recession ocassioned by the pandemic.

lipsrsealed

Did pandemic start in 2016? You forgot that in 2008 there was global recession?? What's your other excuse??

1 Like

Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by ogatboy(m): 10:53pm On Jun 09, 2022
GeneralDae:

Google Buharism. It is a unique term for Buhari's policies.

The policies are great long term if implemented well but they bring sufferings short term. Because of Buharism, Babangida took action in 1985 due to the suffering of the masses, but I which he didn't.

We suffered then but we would have reaped the benefits long term. Babangida came in and immediately took us into the IMF trap.

Who did this to you? Can you outline the policies that you would reap long term? Or you mean the death of the whole Nigerian population??
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by MoneyMustBMade(m): 10:53pm On Jun 09, 2022
Apc has been blaming apc for thier failure for over 8yrs still blaming pdp better than them with a good record... Tinubu did what he did for his own benefit by giving us buhari and him also want to finish the remaining Nigerian economy kpatakpata

May God have mercy on his children
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by owoshuyi(m): 10:55pm On Jun 09, 2022
No mind am grin grin grin

Sharatan:


D guy useless. E be like say dem dey give am money to come hype Buhari for nairaland.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by orisa37: 10:58pm On Jun 09, 2022
LivingTribunal:

BUHARI


SO HE IS EITHER ALIMI OR BELLO BELLO BELLO. GOGOBIRI.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Ajehkpako4naija(f): 10:58pm On Jun 09, 2022
TheStakeHolder:
Not peculiar to Nigeria alone.

The decline is due to the global economic recession ocassioned by the pandemic.

lipsrsealed
oga no justification, the vegetable was a letter bomb to our economy
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by kingcolearchive: 11:04pm On Jun 09, 2022
Take a look at how much you have saved so far are you proud of yourself? Its not too late to save sha. join me on fair save let us grow our money like grass together. fair save is the savings product from fairmoney and it is entirely secure and trustworthy.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by sulaak(m): 11:04pm On Jun 09, 2022
TheStakeHolder:
Not peculiar to Nigeria alone.

The decline is due to the global economic recession ocassioned by the pandemic.

lipsrsealed

Rubbish, the oil price is at its oil time high, so why isn't Nigeria experiencing any growth. Any country that has arable land for agriculture and the 9th largest oil reserve in the world should be experiencing on average 8% growth rate. Buhari and APC are just hopeless at everything.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Justiceleague1: 11:30pm On Jun 09, 2022
TheStakeHolder:
Not peculiar to Nigeria alone.

The decline is due to the global economic recession ocassioned by the pandemic.

lipsrsealed

Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Mike008(m): 11:44pm On Jun 09, 2022
Now we understand how bad things looked bad under Jonathan that necessitated Change.
As for Buhari let's say it was expected but Jonathan taking us from a whooping 7.9% to 4.8% is unprecedented.

1 Like

Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by GeneralDae: 12:01am On Jun 10, 2022
ogatboy:


Did pandemic start in 2016? You forgot that in 2008 there was global recession?? What's your other excuse??
In 2008, there were enough savings from the Obasanjo era due to the high oil prices. Buhari inherited a depleted account, no savings. Ngozi Okonjo Iweala warned against it in the Jonathan era but the Governors insisted otherwise.

Also in 2008, oil prices were around 140 dollars to the barrel.

The only person who have managed to keep the economy afloat and increase our foreign reserves more than double fold even with oil prices as low as 9 dollars per barrel (coupled with sanctions from the West) is Abacha. Abacha also reduced inflation from 54% to 9% despite having some of the lowest oil prices at the time coupled with low foreign investments. It seems our politicians today need to go learn how he pulled all of that off.
What is more surprising is that even with all of that, we keep retrieving so called Abacha's loot where he stored them in foreign accounts till this day.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by luluman: 12:26am On Jun 10, 2022
TheStakeHolder:
Not peculiar to Nigeria alone.

The decline is due to the global economic recession ocassioned by the pandemic.

lipsrsealed
This one is one of them
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Omoslim26: 12:36am On Jun 10, 2022
No no no that data dey very wrong undecided
Buhari and him evil clueless apc suppose dey owe points nah angry
Their failure no get calculating value at all angry
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by pedel: 12:57am On Jun 10, 2022
America's GDP under Donald Trump was the worst since 1928, during President Hoover's term.
No country grew their economy during the pandemic.

Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Paperbag(m): 1:09am On Jun 10, 2022
BigBrother9ja:
Yar'adua..


Good people no dey last


Na so this world be.

He was only able to achieve so much because of the huge treasury left by obj and very low debt .
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by aribisala0(m): 1:15am On Jun 10, 2022
GeneralDae:

In 2008, there were enough savings from the Obasanjo era due to the high oil prices. Buhari inherited a depleted account, no savings. Ngozi Okonjo Iweala warned against it in the Jonathan era but the Governors insisted otherwise.

Also in 2008, oil prices were around 140 dollars to the barrel.

The only person who have managed to keep the economy afloat and increase our foreign reserves more than double fold even with oil prices as low as 9 dollars per barrel (coupled with sanctions from the West) is Abacha. Abacha also reduced inflation from 54% to 9% despite having some of the lowest oil prices at the time coupled with low foreign investments. It seems our politicians today need to go learn how he pulled all of that off.
What is more surprising is that even with all of that, we keep retrieving so called Abacha's loot where he stored them in foreign accounts till this day.
Everything you have said is wrong
Everything!!
Crucially you do not understand the figures
1, Obasanjo did not have high oil prices the highest oil price under Obasanjo was $70 in his final year in office and in was $19 in 1999 when he came to office.
2. The growth in the figures is average. Now Obasanjo was in office for 8 years so we are talking of average growth over an 8 year period. That is the greatest GDP growth year on year.
When he came to office GDP was $59 billion and when he left it was $275 billion . That is our economy grew by 458% when Obasanjo was in power for 8 years. If that had happened again we would be a leading world economy
3. Okonjo-Iweala warning against not saving is nonsense and an untenable excuse. The FG has about 56% of the revenue so if there was any failure to save the FG has 56% responsibility. What happened to the FG's share why was the FG account depleted? Why was that not saved? So we had a scenario where oil was sold above the benchmark and governors demanded their 44% share but the FG's share in excess of the budget was all spent too. Why? 56%. Why sould the FG save for the states? Why did the FG not save its own 56%
4 All the nonsense you have written about Abacha is funny. What was the GDP under Abacha? under $60 billion. Even Lagos State today has a higher GDP

1 Like

Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by aribisala0(m): 1:21am On Jun 10, 2022
Sustaining growth year on year for 8 years taking GDP from $59 billion to $275 billion in 8 years is really remarkable Obasanjo's economic record is the best in our history but we lost momentum under Jonathan which shows us that Okonjo-Iweala needed supervision which Jonathan failed to provide and things when awry

1 Like

Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by huptin(m): 1:38am On Jun 10, 2022
Gamesmart:


You no go school?

Or you went through school looking for and using expo all the time? Or your school was Agbero school?

Are you asking me to teach you what you did not learn in school?

With your unsealable vile character, I will rather remain totally illiterate than attend whatever gutter institution that trained you.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by mayo47(m): 1:42am On Jun 10, 2022
GDP growth rate not GDP

money121:
E Don Talk ooo

Nigeria!!!



Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Spandau: 2:08am On Jun 10, 2022
money121:
Hope you av your PVC already!!
Let do the Needful

NIGERIA E GO BETTER DON'T LOOSEGUARD

The funny thing is that you mooks didn't care about PVC last week. If Obi had not won the LP presidential ticket, Igbos wouldn't have been talking about registering. Now you're all rushing to get PVC and giving people too much stress at the office.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Spandau: 2:14am On Jun 10, 2022
aribisala0:
Everything you have said is wrong
Crucially you do not understand the figures
1, Obasanjo did not have high oil prices the highest oil price under Obasanjo was $70 in his final year in office and in was $19 in 1999 when he came to office.
2. The growth in the figures is average. Now Obasanjo was in office for 8 years so we are talking of average growth over an 8 year period. That is the greatest GDP growth year on year.
When he came to office GDP was $59 billion and when he left it was $275 billion . That is our economy grew by 458% when Obasanjo was in power for 8 years. If that had happened again we would be a leading world economy
3. Okonjo-Iweala warning against not saying is nonsense and an untenable excuse. The FG has about 56% of the budget so if there was any failure to save the FG has 56% responsibility. What happened to the FG's share why was the FG account depleted? Why was that not saved? So we had a scenario where oil was sold above the benchmark and governors demanded their 44% share but the FG's share in excess of the budget was all spent too. Why? 56%
4 All the nonsense you have written about Abacha is funny. What was the GDP under Abacha? under $60 billion. Even Lagos State today has a higher GDP

That is the senseless analysis that this Fulanis and Northerners in general hold on to; the lies. The twisting of facts and figures. The brazen lies! Abacha who's loot is still being recovered decades after his demise. He was a hero to this senseless northerners. We simply can't be together.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Spandau: 2:16am On Jun 10, 2022
ogatboy:


Who did this to you? Can you outline the policies that you would reap long term? Or you mean the death of the whole Nigerian population??

And replacement with Fulanis from all over Africa. Buhari had planned this since his youthful days before Babangida ousted him when the real niggah, Idiagbon Tunde was away in Mecca.
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by TGON(m): 3:35am On Jun 10, 2022
TheStakeHolder:
Not peculiar to Nigeria alone.

The decline is due to the global economic recession ocassioned by the pandemic.

lipsrsealed
oga did pandemic start in 2015? From 2015-2019 wat was the clueless president doing to boost his nation's economy, NOTHING!.. pls lets call a spade by its name n stop making excuses 4 abject failure, its pathetic. No matter hw u look at it buhari failed his nation. Short n simple!
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by titonip476: 3:45am On Jun 10, 2022
Gfh

Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by CheapHomes1: 4:07am On Jun 10, 2022
Gamesmart:


I don't need to tell you anything. Just stop making dumb statements like "Tinubu will have the same policy and economic management as Buhari because he supported Buhari". That's all.

Or all those that supported Trump will run the country like Trump if they are President?

Stop fooooolish statements!

i believe you do, i didnt make the dumb and fooooolish statement. Tinubu did. are you saying that tinubu is dumb and fooooolish? so lets try again. pls tell us how tinubu will fix the economy. how did tinubu support buhari? did tinubu not say that he will continue where buhari stopped?
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Nobody: 4:38am On Jun 10, 2022
I can spot a termite there!
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Image123(m): 4:40am On Jun 10, 2022
CheapHomes1:


i believe you do, i didnt make the dumb and fooooolish statement. Tinubu did. are you saying that tinubu is dumb and fooooolish? so lets try again. pls tell us how tinubu will fix the economy. how did tinubu support buhari? did tinubu not say that he will continue where buhari stopped?

Do you really expect him to campaign against Buhari or his party? Little wonder you miscalculate a lot in politics. Politics is not business, it's a very dirty game.

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