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Nairaland Forum / Nairaland / General / Politics / Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) (45665 Views)
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Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by GeneralDae: 10:23pm On Jun 09, 2022 |
erniok: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: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: 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: 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: 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 ![]() ![]() ![]() Sharatan: |
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by orisa37: 10:58pm On Jun 09, 2022 |
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Ajehkpako4naija(f): 10:58pm On Jun 09, 2022 |
TheStakeHolder: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: 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:
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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: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: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 ![]() Buhari and him evil clueless apc suppose dey owe points nah ![]() Their failure no get calculating value at all ![]() |
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.
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Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Paperbag(m): 1:09am On Jun 10, 2022 |
BigBrother9ja: 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: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: 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 |
Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by Spandau: 2:08am On Jun 10, 2022 |
money121: 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: 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: 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: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
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Re: Nigeria Presidents GDP Performance Since 1999 (SEE PHOTO) by CheapHomes1: 4:07am On Jun 10, 2022 |
Gamesmart: 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: 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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