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Nairaland Forum / Nairaland / General / Politics / Why Is Everybody Afraid Of Buhari's Presidency (9389 Views)
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Re: Why Is Everybody Afraid Of Buhari's Presidency by rasputinn(m): 12:19pm On Jun 20, 2012 |
Which right-thinking person wants a terrorist and tyrant to rule his country 1 Like |
Re: Why Is Everybody Afraid Of Buhari's Presidency by Nobody: 1:14pm On Jun 20, 2012 |
[size=18pt]Buharinomics - General Buhari’s economic program marshaled out to salvage the nation in 1984 (- - -continued part 5) [/size] To counter OPEC’s bluff, the Buhari administration entered into a $2 billion barter trade agreement with four countries. Nigeria daily bartered 200,000 barrels of oil as follows: (a) completely knocked down parts for automobiles from Brazil. (b) Construction equipment from Italy (c) Engineering equipment from France, and (d) Capital goods from Austria. This barter trade took care of the administration’s need to have borrowed money but it intensified the ill will the US and Britain had for Nigeria. By bartering this oil, Nigeria was: (a) solving those needs which the proposed IMF loan was geared toward. Doing so without borrowing or feeling the pains of spending the meager amount generated from its OPEC approved 1.3 billion a day oil export is the stuff an economic wizard is made of. (b) Britain had been cut off as Nigeria’s major supplier of the goods which the countries in the barter agreement sent to Nigeria. (c) The US usurious money lenders were denied the chance to suck Nigeria dry through the IMF loan. (d) American and British oil companies were irate that the oil being bartered would flood the oil market, cutting in on their profits. (e) The oil being bartered was oil that used to be illegally bunkered before Buhari put illegal oil bunkering artist out of business. For once, an African country had put positive economic mechanism in place to salvage its ailing economy without swallowing IMF’s poison pills. |
Re: Why Is Everybody Afraid Of Buhari's Presidency by DelightUche: 1:48pm On Jun 20, 2012 |
If our proplem is to sanitize process of accountability then Buhari is the next President. He is tested and found worthy. Buhari will deliver. Buhari is the answer to corruption in Nigeria. But my fear is that I am an Igbo. will he not sell Nigeria to Boko Haram? |
Re: Why Is Everybody Afraid Of Buhari's Presidency by Nobody: 2:10pm On Jun 20, 2012 |
^ made sense up till your last sentence. After saying he is tried and tested you then questioned whether he would sell Nigeria to Boko Haram? My guy you need to work on your reasoning ability ![]() |
Re: Why Is Everybody Afraid Of Buhari's Presidency by Nobody: 5:18pm On Jul 02, 2012 |
[size=18pt]14th March 1984 - The NY Times Buhari signs Barter Trade agreement with Brazil who would refine and return Nigeria's oil in exchange for crude oil[/size] RIO DE JANEIRO, March 13— Brazil has won an international bidding contest to refine Nigerian oil this year, the state oil company, Petrobras, announced today. The $1.2 billion agreement calls for Brazil to import Nigerian crude and return refined gasoline, jet fuel and diesel oil to Nigeria, a Petrobras spokesman said. He added that the accord would allow Brazil to reduce its idle refining capacity and earn a margin of profit. Brazil imports about two-thirds of the one million barrels of oil it consumes daily, mostly from the Middle East. It buys 10,000 barrels daily from Nigeria.
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Re: Why Is Everybody Afraid Of Buhari's Presidency by Mustay(m): 10:26pm On Nov 06, 2012 |
I have been advocating for government to be taken compulsorily as a course in high schools for, in this era of social media, people not only misinform, they take it to a new level by writing it on websites making people who're not patient enough to seive credible information from blasphemous accounts to be misled. For goodness sake, where is it in the sharia that people are flogged on queues ![]() It's okay not to be in the same ship or party but when people want to criticize, they should stop the blasphemy and stop misleading (ignorant) people with false information please!!!
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Re: Why Is Everybody Afraid Of Buhari's Presidency by MagicBishop: 2:56pm On Oct 21, 2020 |
They ought to by now |
Re: Why Is Everybody Afraid Of Buhari's Presidency by Tumbulum: 3:05pm On Oct 21, 2020 |
The wise one has been vindicated over and over 1 Like |
Re: Why Is Everybody Afraid Of Buhari's Presidency by SalamRushdie: 3:06pm On Oct 21, 2020 |
Now you know why people are scared of his presidency 2 Likes |
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