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Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga - Politics (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga (13095 Views)

Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo / Tinubu Inherited A Bankrupt Country - NSA, Nuhu Ribadu / I Inherited A Country With Bombs Going Off In Cities – Buhari (2) (3) (4)

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Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by Jagabanarmy: 2:55pm On Jun 17
Racoon:
Buhari Spent $1.5bn Monthly To Defend Naira, Borrowed Massively To Cover Costs

https://tribuneonlineng.com/buhari-spent-1-5b-monthly-to-defend-naira-borrowed-massively-to-cover-costs-presidency/?utm_source=&utm_medium=twitter
Rubbish talk!! How could he said this? Insane talk
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by yomiracles: 3:57pm On Jun 17
Shameless!
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by RoyalUc(m): 4:18pm On Jun 17
madridguy:
grin grin grin

This is not a laughing matter o
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by bluefilm: 5:20pm On Jun 17
Nonsense
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by DOM7: 5:41pm On Jun 17
When old men begin to lie, the government that you praised from head to toe? Even promised to continue with the legacy of APC good governance? All liers will go to hell.

1 Like

Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by rolams(m): 6:52pm On Jun 17
No be lie. Buhari set Tinubu up.
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by 12fruits(m): 8:25pm On Jun 17
When Saraki refused the president loan request, some people accused him of trying to frustrate the government. He later got a man that approved without reading. Let's enjoy our hypocrisy

1 Like

Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by IfnobeGod20: 8:26pm On Jun 17
Racoon:
cheesy Buhari above seems to be saying "your fada" And the roforofo fight between the ACN-APC versus CPC-APC continues. Time to tell themselves the truth about the lies and propaganda they have been defending over 9 years.

cc: Mannabbgrills, Seunmsg, NgeneUkwenu
It will never be well with those that was supporting the woes of the country for 8 years but now saying another thing today. I spit on all of them. If you're part of those that defended Buhari's regime and now today saying Buhari spoilt the economy, it will never be well with you, as you're part of the Nigeria problems.
The same Tinubu kept mute for 8 years because of his political ambition. Meaning his political ambition is far better than Nigeria progress.
I am angry this night on what I just read from Onanuga. These people have no shame at all and good is far from them for plucking Nigeria to this level it is today because of political interest.
Instead of them to be apologizing to people that were complaining about Buhari's government then, the shame doesn't allow them. It shall not be well with those that called themselves friends and patriotic Nigerians but underneath they are the real enemies.
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by IfnobeGod20: 8:40pm On Jun 17
madridguy:
grin grin grin
This is the result of blind support. When people were complaining that time, you people were abusing them and saying they hate Buhari, today those of you hailing the same government are now singing different songs.
People with foresight are now complaining about Tinubu's policies that are anti people, the same you people are now labelling them different names and calling them enemies of Nigeria but thankfully we now know the real enemy of Nigeria. God is too great, exposing those that are real enemies of Nigeria.
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by IfnobeGod20: 8:50pm On Jun 17
helinues:
Emefiele onikure
You see the way you're trying to deflate from the real issue. If you're part of those abusing people that were critical of Buhari's government and today turnaround saying Buhari government is bad and had spoilt the economy, you're the real problem of Nigeria and you should be fed to dog.
Lagbara Olorun gbogbo yin to fowo bo iro, elekure. No nation is built in lying or wishful thinking or praying warrior. A nation is built by conscious and deliberate delivery what will make the nation better and bigger.
It's now clearer the real patriotic Nigerians and those loving it because of what they are deriving from it or because their party or brother is there. It shall not be well with enemy like friend.
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by IfnobeGod20: 9:13pm On Jun 17
DonUmeh:
This is no longer news.
Even the people not in Government are aware let alone the man that claimed he brought Buhari to be the President.

He should work the the Legislators to cut wastages in Executive and Legislative arms of Government.
He should encourage the Governors to do same at State level.
He should take a good look at our agencies and parastatals. There are lots of wastages there
Use the money saved to kick start projects in Agriculture, IT sphere and other areas that will create jobs for the youths.

We have all it takes to be at the top but our problem is leadership.

He is an old that has nothing to lose and so he should have the balls to kick start these radical restoration of Nigeria.
Tinubu is in the same league of former leaders that have ruined this country. He doesn't believe in the politics you're preaching here. He believed in wasting resources and he cannot perform where there is no enough money to throw around.
We are talking of cutting cost of governance but Tinubu has increased number of ministers and ministries. He has also increased the number of aides, SSA and SA. I even read two days ago that he wants to add more ministry and he is planning to reshuffle his cabinet.
Tinubu is not a manager of little resources. If he has governed a state like Osun, you people would have seen his failure. He was just lucky he governed Lagos that have everything to make governance in ease.
When Pat Utomi said Lagos doesn't required superman or person with two heads to govern it, he knew what he meant. Lagos has been a special state and the most dullest governor in Nigeria will get there and perform because Lagos has never been a poor state from inception.
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by IfnobeGod20: 9:28pm On Jun 17
phemray:


They are just explaining what really happened. Tinubu was not in power with buhari and we all know how he was parked aside since he adviced they are not doing the right thing. So now is his time. He is doing it and well, an auditor and accountant can never be compere with a retired military personnel in economic management.
The advise that they should go and borrow more money during COVID-19 pandemic. The advise of where are the cows when the daughter of Pa. Fasoranti's daughter was killed by herdsmen. The advise of playing politics with people's life and protecting his own political capital.
An auditor and an accountant that said, "na statistics we go chop". That one no be auditor or accountant but charged and bailed auditor.
The way you people sleep at night, I don't know. Is it a must you support wrong thing in life. Should human being lives be politicized the way you people do?
Meanwhile, Tinubu was directly in power because he was said to be the party leader and he claimed he brought Buhari. He brought Buhari and when the economy was going south, he never challenge him or even write secret letter to him to complain about the economy and his borrowing spree. He was more concerned about his ambition of becoming president and answer Mr. President and GCFR.
I shall not be well with enemy of the country that called himself her friend.
The annoying thing was that they were shutting down people that complained that time. Which they have started doing again today. Calling those critical about Tinubu's policies IPOB, Obirodent, bitter Obi and some derogatory names. I shall not be well with the enemies of Nigeria.
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by Onomat: 9:43pm On Jun 17
U people have started talking nonsense again abi ooooooooh
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by IfnobeGod20: 10:53pm On Jun 17
ElSudani:


How is he incapable of leading the country? Have you been leading the country for him in the past one year?
When we ask many of you that given the same same circumstances what would you have done differently you always come up blank.
Next thing you will start asking about the cost of garri.
Tinubu just rescued Nigeria from bankruptcy, while nobody is denying the obvious inflation, he couldn't have maintenance the status quo without Nigeria going the way of Venezuela. That is the fact.
When you put what you suppose to do first and put it second or last, there's always bound to be problem. In an excruciating economy like Nigeria where everything about our economy is dependent on oil and exchange rate of naira to dollar cum indiscipline of our people. The government should have strive to revamp the moribund refineries , this will naturally wiped away the landing and lifting costs of the oil. I don't know why it is very difficult for successive government to revamp our moribund refineries but always playing lip service on them. It they don't derive any benefit from the non-functioning of the refineries, they should by now revamp them.
Let me remind you that Buhari was one of the people that doesn't believe government was truly paying subsidy, he called it fraudulent act, until he won election in 2015 and start paying the same subsidy and even paid more in trillion.
Why didn't Buhari that doesn't believe in subsidy regime before becoming president kept paying same subsidy till he left office? Because he knew the adverse effects of what that will cause. Tinubu never weigh the pros and cons of subsidy removal before removing it and also floating naira same time. Two issues that are critical in the economy survival of Nigeria, he dabbled into it and that has caused attendance ache to the nation's citizens.
Tinubu never rescued the country but put the country into autopilot and irrecoverable damage.
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by seetomorrow: 12:10am On Jun 18
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by phemray(m): 8:30am On Jun 18
IfnobeGod20:

The advise that they should go and borrow more money during COVID-19 pandemic. The advise of where are the cows when the daughter of Pa. Fasoranti's daughter was killed by herdsmen. The advise of playing politics with people's life and protecting his own political capital.
An auditor and an accountant that said, "na statistics we go chop". That one no be auditor or accountant but charged and bailed auditor.
The way you people sleep at night, I don't know. Is it a must you support wrong thing in life. Should human being lives be politicized the way you people do?
Meanwhile, Tinubu was directly in power because he was said to be the party leader and he claimed he brought Buhari. He brought Buhari and when the economy was going south, he never challenge him or even write secret letter to him to complain about the economy and his borrowing spree. He was more concerned about his ambition of becoming president and answer Mr. President and GCFR.
I shall not be well with enemy of the country that called himself her friend.
The annoying thing was that they were shutting down people that complained that time. Which they have started doing again today. Calling those critical about Tinubu's policies IPOB, Obirodent, bitter Obi and some derogatory names. I shall not be well with the enemies of Nigeria.

Anyone is free to criticize. Yes I say a bigger amen to your prayers, it shall not be well with all enemies of Nigeria.
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by ivandragon: 9:05am On Jun 18
MomohMrMoore:
LIES LIES LIES. Each Successive govt from Jonathan was worse than the previous one but they are all child's play compared to Tinubu.

It is not true that the rot started from GEJ. That is the lie that has been sold for so long.

The most effective way to judge how well citizens are faring comparatively is to look at cost of living & purchasing power index. GEJ had the best of both. However, it does not make his or any other administration saints in the larger context of good governance.

To help you, see a brief analysis below. You can do your own analysis. Everything shouldn't start & end with politics. No matter who is in power, the masses must collectively hold them to account else they continue to disregard us and misuse our commonwealth.

Year 1990-1998
Av. Minimum wage (MW) N300

Item price
1. Rice N1000
3+ months salary to buy 1 bag

2. Beans N1500 5 months salary to buy 1 bag

3. Cooking gas NA No reliable records

4. Flour N190 1 month salary gets 1+ bag

5. PMS N11 1 month salary gets 27l

6. Diesel N12 1 month salary gets 25l

7. Cement N120 1 month salary = 2 bags+

8. Basket of tomatoes N200 1 month salary =1+ basket

9. Beef N50 1 month salary = 6kg
Year 1999-2010
Av. Minimum wage (MW) N7000

Item price qty of MW
1. Rice N6000 1month salary = 1+ bag

2. Beans N7000 1month salary to buy 1 bag

3. Cooking gas N200 1 month salary = 35kg

4. Flour N4500 1 month salary gets 1+ bag

5. PMS N65 1 month salary gets 107ltrs

6. Diesel N150 1 month salary gets 46ltrs

7. Cement N1500 1 month salary = 4+ bags

8. Basket of tomatoes N2500 1 month salary =2+ baskets

9. Beef 250 1 month salary= 28kg

Year 2011-2014
Av. Minimum wage (MW) N18000

Item price qty of MW
1. Rice N8000 1 month salary to buy 2+bags

2. Beans N15000 1month salary to buy 1+ bag

3. Cooking gas N400 1 month salary = 45kg

4. Flour N6000 1 month salary gets 3 bags

5. PMS N90 1 month salary gets 200ltrs

6. Diesel N300 1 month salary gets 60ltrs

7. Cement N200 1 month salary = 9 bags

8. Basket of tomatoes N7500 1 month salary =2+ baskets

9. Beef 500 1 month salary = 36kg


Year 2015 to date
Av. Minimum wage (MW) N30,000

Item price qty of MW
1. Rice N70000 2+ months salary to buy 1 bag

2. Beans N100000 3+ months salary to buy 1 bag

3. Cooking gas N1300 1 month salary = 23kg

4. Flour N60000 2+ months salary gets 1bag

5. PMS N600 1 month salary gets 50ltrs

6. Diesel N1300 1 month salary gets 23ltrs

7. Cement N10000 1 month salary = 3 bags

8. Basket of tomatoes N58000 2 months salary =1+ basket

9. Beef N5000 1 month salary = 6kg
Re: Tinubu Inherited A Bleeding, Dead Economy. Buhari Borrowed Massively - Onanuga by PropertyBanker(f): 1:14pm On Jun 18
🤔🤷
LibertyRep:
Here we go again.

Set to work and stop the blame game already.

Isn't Tinunbu's regime a continuation of Buhari's term again?

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