erniok:

Which year did Brent get to $140 to even exceed it. Get your facts right before regurgitating street anthems.

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

TheStakeHolder:
Not peculiar to Nigeria alone.

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

TheStakeHolder:
Not peculiar to Nigeria alone.

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

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.

No mind am

Sharatan:


D guy useless. E be like say dem dey give am money to come hype Buhari for nairaland.

LivingTribunal:

BUHARI

TheStakeHolder:
Not peculiar to Nigeria alone.

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

TheStakeHolder:
Not peculiar to Nigeria alone.

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

TheStakeHolder:
Not peculiar to Nigeria alone.

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

ogatboy:


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

TheStakeHolder:
Not peculiar to Nigeria alone.

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

BigBrother9ja:
Yar'adua..


Good people no dey last


Na so this world be.

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.

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?

money121:
E Don Talk ooo

Nigeria!!!

money121:
Hope you av your PVC already!!
Let do the Needful

NIGERIA E GO BETTER DON'T LOOSEGUARD

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

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??

TheStakeHolder:
Not peculiar to Nigeria alone.

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

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!

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?