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Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari - Politics (8) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari (38774 Views)

Recession: Nigeria’s Economy Doing Well Compared To Others –lai Mohammed / Meet Zainab Ahmed, Biography, Profile, Age, Finance Minister (Photos) / Anthony Ayine: More MDAs Violate Audit Laws Under Buhari Than Previous Govt (2) (3) (4)

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Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by danhans(m): 8:52am On Jul 28, 2022
Doing better because you are a thief,you guy have dry the treasury
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Ugoww01(m): 8:54am On Jul 28, 2022
Keep deceiving yourself,
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by blueAgent(m): 8:56am On Jul 28, 2022
Mrkindness:
This useless idiots called ministers are the problem of Nigeria they will not tell their master the truth. Who is she deceiving useless fool.

You are making excuses for the Fool called president.
He appointed the ministers in the first place.

1 Like

Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by emapeteum(m): 8:57am On Jul 28, 2022
Born2conquer:
And 1$ is on 710naira?

It seems we shouldn't really blame Buhari at this point, seems the people surrounding him are not telling him the truth.

Imagine what The finance Minister is telling the world, now imagine what he has been telling BUHARI since. Baba fit no even sabi set $1 don enter 710!!

How can a dollar be 710! For Christ sake
what did you expect from a third-class holder with zero experience in Finance as a Finance minister?
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by kingPhidel(m): 8:57am On Jul 28, 2022
Are this people actually mad abi they are just getting on our nerves? How can a sane person seeing dollar rising like that my gender thing, crises in every sector including education and still maintaining status quo that everything is fine. May God judge you and up to your 4th generation for the pains you cause innocent Nigerians.
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by emapeteum(m): 8:58am On Jul 28, 2022
what did you expect from a third-class holder with zero experience in Finance as a Finance minister?
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Tzar(m): 8:59am On Jul 28, 2022
Nigerians employed MAD PEOPLE to govern them. Ain’t they also MAD?!

1 Like

Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by lilbarracuda(m): 9:00am On Jul 28, 2022
Sad story!!

Some of us voted in APC during the last presidential election and we still planning on voting them in again.

When we go wake up??
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by doneback04: 9:03am On Jul 28, 2022
God punish you and doing well
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Nobody: 9:03am On Jul 28, 2022
What a lie, coming from someone who contributed to the liquidation of Mtel.
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by namo77: 9:04am On Jul 28, 2022
This one is mad. Lunatic. Maybe your personal economy is doing better because of all the money you’ve stolen, but Nigerian economy is in tatters. It needs urgent action to avoid total collapse
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Lepon02: 9:05am On Jul 28, 2022
Sengbo weyrey?
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by highchief1: 9:06am On Jul 28, 2022
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by vince96w2(m): 9:16am On Jul 28, 2022
iwaeda:

https://www.vanguardngr.com/2022/07/economy-doing-well-under-buhari-than-previous-govts-finance-minister/



thunder fire this woman..After telling us it's not wrong to borrow and they used the money for APC primaries, she is now telling us we are broke and debt servicing is more than revenue..She still has the guts to tell us that our economy is better...May her life be run how she has run Nigeria

1 Like

Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Kfady: 9:16am On Jul 28, 2022
Which of your economy is doing well.
Awon osinwin gbogbo
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Maczee(m): 9:17am On Jul 28, 2022
Thus women must be high on agbo
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Maczee(m): 9:17am On Jul 28, 2022
Thus woman must be high on agbo
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Cognitivereason: 9:18am On Jul 28, 2022
twentyfivekobo:


Even then, GDP growing does not mask the fact that

1.We still rely on exporting just oil.

2.We are not an exporter of manufactured goods (Yes, I'm dreaming here...but we want to have a strong currency...and nations that have a strong currency are exporters of manufactured goods.

3.We are wasting billions on petrol and power subsides, instead of letting them be in a position to make a profit, attract investment, which could lead to them working well, and helping power our economy more (more refineries, increased power generation)

4.Corruption is still a way of life, and it hinders our growth and attractiveness to investment.

5.Really, even if it is all we do, we need to export more of other things.


GDP grew under GEJ...meanwhile we were still a broke nation then. And it should be growing more. We cannot keep relying on loans and funneling money for debt because we are oil dependent.

you must realise that it is impossible to make a switch from Oil as a major export to something else..especially when there are no investments into sectors that can make that switch..that is why this government is investing in Gas by building pipelines that wil eventually connect to europe..that is viable resource that can increase the complexity of the economy..no government invested in it ..this government is investing in it as the necessary requirement to make a switch..


as for number 3, I wonder if you live in Nigeria..do you think Government doesnt know it is truly a wasted venture subsidizing fuel..when diesel was deregulated as wells as LPG and those in the business are allowed to determine the pricing..were Nigerians smiling ? now you want the same for PMS? even when we still import it?

most people are measuring economic growth y the strength of the currency..naira value is losing on the black market..this isnt as a result of any policy from CBN or the finance minister...in short no policy can ever counteract the fact that naira value will continue to go down..
This is why we need to start cutting imports starting with the ones that eat up our foreign reserves the most..which is fuel..other government failed in this...this government supported Dangote to start his refinery early enough...something should have happened way early if not because we had daft leaders like Yar adua who ignored him and wicked state governors at that time who didnt want to sell lands..

trust me the only way to reduce the rate of naira devaluation is to ban fuel import leave manufacturing of tech items and machineries for now

no government tenure has ever withness three global economic shocks caused by 2014 Oil slump, 2020 covid 19, 2022 russia and ukraine which affected diesel prices and pushed inflation further..

if you give this same country with the same realities to GEJ to manage..it will much worse...same with Peter Obi that thinks the solution is saving money and ignoring loans..I really want Obi to become president so that when he gets to that seat and see the realities he will tell Nigerians his talks were all for deceit and campaign
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Torokos: 9:18am On Jul 28, 2022
Maybe she is drunk b4 coming to spit out rubbish. There is God ooo
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Nobody: 9:20am On Jul 28, 2022
Cognitivereason:


you must realise that it is impossible to make a switch from Oil as a major export to something else..especially when there are no investments into sectors that can make that switch..that is why this government is investing in Gas by building pipelines that wil eventually connect to europe..that is viable resource that can increase the complexity of the economy..no government invested in it ..this government is investing in it as the necessary requirement to make a switch..


as for number 3, I wonder if you live in Nigeria..do you think Government doesnt know it is truly a wasted venture subsidizing fuel..when diesel was deregulated as wells as LPG and those in the business are allowed to determine the pricing..were Nigerians smiling ? now you want the same for PMS? even when we still import it?

most people are measuring economic growth y the strength of the currency..naira value is losing on the black market..this isnt as a result of any policy from CBN or the finance minister...inshprt no policy can ever counteract the fact that naira value will continue to go down..
This is why we need to start cutting importings starting with the ones that eat up our foreign reserves the most..which is fuel..other government failed in this...this government supported Dangote to start his refinery early enough...something should have happened way early if not because we had daft leaders like Yar adua who ignored him and wicked state governors at that time who didnt want to sell lands..

trust me the only way to reduce the rate of naira devaluation is to ban fuel import leave manufacturing of tech items and machineries for now

no government tenure has ever withness three global economic shocks caused by 2014 Oil slump, 2020 covid 19, 2022 russia and ukraine which affected diesel prices and pushed inflation futher..

if you this samw country with the same realities to GEJ to manage..it will much worse...same with Peter Obi that thinks the solution is saving money and ignoring loans..I really want Obi to become president so that when he gets to that seat and see the realitie he will tell Nigerians his talks were all for deceit and campaign

On the other hand, fuel subsides have gone up from 2 trillion to 5 trillion this year, and 7 trillion next year.

At the end, we won't have money for salaries and other things because of rising fuel subsidy costs, plus we have to take loans then

Take your pick. Remove fuel subsides, and suffer high prices briefly, but more investment in local refining, and more jobs and money, and improved naira value.....or keep fuel subsides, and eventually have a balloning budget deficit, more loans, and still no refineries, and Dangote exporting fuel abroad.
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Evaremedy: 9:21am On Jul 28, 2022
Stone her to death
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by adioolayi(m): 9:22am On Jul 28, 2022
"A nations currency that has a value depreciation while other currencies are experiencing value appreciation is a weka currency. When decrease in value is particular to one currency when compared to other currencies, the currency is said to be weak. There are some factors responsible for weak currency but the major one is the poor economic strength of a nation"

https://thebusinessprofessor.com/en_US/economic-analysis-monetary-policy/weak-currency-definition

President Buhari and his Government have failed Nigeria and Nigerians
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Nobody: 9:24am On Jul 28, 2022
Is like when people go into govt, they become blind & unreasonable!

Just like Fashola. My opinion though
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Naijanascam: 9:25am On Jul 28, 2022
Bunch of parasites with no human conscience.... thunder will surely visit una

710naira a dollar and still counting with no immediate plans for it's stabilisation
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by adioolayi(m): 9:25am On Jul 28, 2022
twentyfivekobo:


On the other hand, fuel subsides have gone up from 2 trillion to 5 trillion this year, and 7 trillion next year.

At the end, we won't have money for salaries and other things because of rising fuel subsidy costs, plus we have to take loans then

Take your pick. Remove fuel subsides, and suffer high prices briefly, but more investment in local refining, and more jobs and money, and improved naira value.....or keep fuel subsides, and eventually have a balloning budget deficit, more loans, and still no refineries, and Dangote exporting fuel abroad.

Total removal of fuel subsidy is the way to go...But, they don't have balls to do it because of their selfishness to retain power and not lose elections. A serious government will do what is right at the face of intending hostilities not minding losing Elections.

2 Likes

Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by dorcasamalu: 9:27am On Jul 28, 2022
Why won't you say that when you are eating money left and right. Money is not your problem. Talking rubbish.
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Odemadighi: 9:27am On Jul 28, 2022
If not that she is someone's mother, I could have summoned you in the council of village chiefs...

May God forgive you for you don't know what you say���
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Gbeng30(m): 9:29am On Jul 28, 2022
This is so pathetic, you can imagine the rubbish coming out of this foolish thief,
Bunch of insensitive lunatic
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Nobody: 9:30am On Jul 28, 2022
This woman is empty......Big fool!!!!!
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by LienwaltAbel(m): 9:33am On Jul 28, 2022
This woman deserves to be burned at the stake undecided. See the thing that a human being gave birth to.
Re: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Tayorshd2(m): 9:33am On Jul 28, 2022
Thank u ma u are actually saying the Truth grin

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