GloriousGbola:


the obj years were the best years. after that there was a steady decline

that is why i will say objs biggest mistake, the one that set us on this path - was picking atiku as his vp

obj had his faults but the man was on a mission to fix nigeria

atiku was supposed to succeed him - but i think it is obvious to everyone that atiku is a self serving prick whose only concern is about his rise to power.

atiku was supposed to consolidate on whatever obj had done. but when it became clear atiku was simply trying to run place coup - obj fked him over and started looking for how to ensue his policies lived on


option1 - 3rd term

that failed

option2 get the most malleable mumus he could find and remote control them from ota. big mistake as yardua reversed so many things, then died and we got gej - who accelerated the decline. then buhari who knows fk all about business and pushes for the most unweildy parts of a socilaist govt

so here we are

maybe just maybe - if obj had picked some other fellow as VP - we would be in a different timeline now one where the prosperity of the early 2000s had been consolidated, one where the injection transformers were not left to rot in our ports, one where nuhu ribadu had stayed on and ensured efcc was a serious organization.

I don’t think OBJ had much option when it came to choosing his VP. Remember that back then OBJ was an ex-convict with not much of a power base while Atiku had the power of the almighty PDM behind him.

PDM support was needed in order to assure OBJ’s victory over Ekwueme in the primaries and also in order prosecute a successful election in the North, and Atiku had to be compensated as well for not getting the presidency which he himself was eyeing.

GloriousGbola:


the obj years were the best years. after that there was a steady decline

that is why i will say objs biggest mistake, the one that set us on this path - was picking atiku as his vp

obj had his faults but the man was on a mission to fix nigeria

atiku was supposed to succeed him - but i think it is obvious to everyone that atiku is a self serving prick whose only concern is about his rise to power.

atiku was supposed to consolidate on whatever obj had done. but when it became clear atiku was simply trying to run place coup - obj fked him over and started looking for how to ensue his policies lived on


option1 - 3rd term

that failed

option2 get the most malleable mumus he could find and remote control them from ota. big mistake as yardua reversed so many things, then died and we got gej - who accelerated the decline. then buhari who knows fk all about business and pushes for the most unweildy parts of a socilaist govt

so here we are

maybe just maybe - if obj had picked some other fellow as VP - we would be in a different timeline now one where the prosperity of the early 2000s had been consolidated, one where the injection transformers were not left to rot in our ports, one where nuhu ribadu had stayed on and ensured efcc was a serious organization.

I will say regarding Economy, OBJ years were the best, regarding the politics, OBJ was the worst

OBJ couldnt have won without Atiku whether in 1999 or 2003, The PDM block was the main backbone of the PDP and was controlled by the Yar Aduas

The leaders of PDM, Atiku and Umaru were contented with being state governors until OBJ picked them to be VP and Presidents

Atiku realized he actually wields more power than OBJ

DontBullshitMe:

OBJ did well but on an average, Yar'adua actually recorded higher average GDP growth than OBJ in the two years that Yar'adua governed for. But we might never know if things might have gotten worse if he didn't die but overall Yar'adua performed better than OBJ so your assertion about steady decline post OBJ tenure is wrong.

I have to agree that there was marginal decline in Nigeria's economic performance during GEJ's tenure but it was not too significant to warrant being described as "accelerated decline". It was just a slow decline and sometimes it picked up again. Incase you didn't notice, the best Buhari's yearly GDP growth is not even high enough as GEJ's poorest yearly GDP growth so that should give you a bit of insight.

Anyway, my point remains that in the fourth republic, Nigeria had her best years under PDP.

Under gej we had diezani who was dashing oil blocks to Chris aire for custom jewelry

We had the ballooning and inflation of the subsidy - something that had never happened before

We had multiple pipeline protection contracts

We had so many unpunished scandals and so many sacred cows and so many avenues where money was wasted.

Basically we went through 7 fat years that were blown away with nothing to show for them

GloriousGbola:


https://www.instagram.com/oyefusi2020/?hl=en


official one

coded one i no know

i am sure people have been storming it

Lol this one na confirm official

DontBullshitMe:

But you didn't support PDP that oversaw the best GDP growth this country has ever seen since 1999.

You guys are something else. You will celebrate and reminisce about PDP years but you didn't support PDP in the last election. So, what exactly do you guys want?

Huh

GloriousGbola:


Under gej we had diezani who was dashing oil blocks to Chris aire for custom jewelry

We had the ballooning and inflation of the subsidy - something that had never happened before

We had multiple pipeline protection contracts

We had so many unpunished scandals and so many sacred cows and so many avenues where money was wasted.

Basically we went through 7 fat years that were blown away with nothing to show for them

I don't deny everything you wrote but there is one unchallengeable fact which is : GEJ's lowest recorded GDP growth is higher than Buhari's highest recorded GDP growth.

I don't have the numbers presently, I also believe we are paying more petrol subsidy now than we paid under GEJ.

On every metric of governance, GEJ is better than Buhari except maybe in infrastructural development. This is my own opinion anyway.

BlueRayDick:
Drama Just full this country ; hear wetin Garba Shehu dey talk again.... He say Buhari no instruct Malami and Emefiele to defy supreme court order. He even say Bhari has always obeyed court orders in the past 8 years . Chai!

https://www.nairaland.com/7609543/buhari-did-not-tell-malami

Let Emefiele be playing. He will be the scapegoat las las. Shey them don dey throw ham under the bus already. Na small remain.

DontBullshitMe:

I don't deny everything you wrote but there is one unchallengeable fact which is : GEJ's lowest recorded GDP growth is higher than Buhari's highest recorded GDP growth.

I don't have the numbers presently, I also believe we are paying more petrol subsidy now than we paid under GEJ.

On every metric of governance, GEJ is better than Buhari except maybe in infrastructural development. This is my own opinion anyway.

it is inevitable that gdp is lower under buhari than gej

and it is not just about buharis fiscal incompetence

the moment buhari resumed office, there was an oil price war initiated by the Saudis who wanted to kill shale oil

they flooded the market with crude, knocking the price of oil down to below $50 a barrel. low price of crude, market flooded - that is when the govt first tried to kill the subsidy because the low price of oil meant low landing price of petrol . that was the beginning of the lean years. post 2019 elections we had covid 19 . last year we had the ukraine special operation

buhari is only part of the problem. the other problem is we are going through lean years brought about by world events our poor planning means we have no control over

nihilistjnr:


I think a lot of people are misremembering that era.

I served in 08 on 35k salary and 15k alawee, commuting from agege to the Island for a year. It was pretty grim.

I was offered a 100k salary to be retained, and it was so shït that my dad put me on 80k salary for a few months until I figured out what I wanted to do with my life. By 2010 I was back in the UK working my first proper job in IT support for £12 an hour.

I don't understand what kind of reminiscing those guys are reminiscing on that thread, as I'm pretty sure BA return ticket to Heathrow back then was circa 250-300k, at a time when minimum wage was like 5 or 6k, and a very good guy man salary was 100k a month. From what I recall 200k was approaching middle management salary, and 500k was ED renumeration.

So flight ticket still cost the typical guy close to thrice his monthly salary. I might be misremembering, but I do not recall this land of milk and honey those people on that thread are reminiscing of.

Yeah, it was not exactly milk and honey to be fair but it is better than what we have now.

I get your point of trying to say that though prices were not off the roof then but in comparison to wages, things were bad and I agree. Now, things have gotten worse. That 100k that wasn't sufficient then which you eventually rejected in 2008 is around what some graduate are being offered now in Lagos. Consider the inflation rate now which has gotten worse and the consistent dollar rise and you realise that the suffering has gotten worse.

larride:


Let Emefiele be playing. He will be the scapegoat las las. Shey them don dey throw ham under the bus already. Na small remain.

Las las Emefiele will travel abroad on official assignment and drop his resignation from there . He has probably amassed enough wealth in the last 9 years to enable him buy citizenship of some countries like St Kitts by investment .

I don’t see him getting jailed like most people are using emotions to predict . He go surely get exit strategy in all of this rogbodiyan; He’s too smart not to

BlueRayDick:


Las las Emefiele will travel abroad on official assignment and drop his resignation from there . He has probably amassed enough wealth in the last 9 years to enable him buy citizenship of some countries like St Kitts by investment .

I don’t see him getting jailed like most people are using emotions to predict . He go surely get exit strategy in all of this rogbodiyan; He’s too smart not to

maybe he too don organize dominican ambassadorship

BlueRayDick:


Las las Emefiele will travel abroad on official assignment and drop his resignation from there . He has probably amassed enough wealth in the last 9 years to enable him buy citizenship of some countries like St Kitts by investment .

I don’t see him getting jailed like most people are using emotions to predict . He go surely get exit strategy in all of this rogbodiyan; He’s too smart not to

The guy will have one foreign job lined up.
World Bank and dem are always hiring.

DontBullshitMe:

Supreme Court is not sacking anybody though.

We have had worse election in Nigeria starting from 1999 and the Supreme court didn't sack the sworn in President during those periods so why will now be different?

The 2007 elections was particularly flawed and the Supreme Court came close to cancelling the election in a 4-3 ruling. That's an election without an official results oh. So, why will the Supreme court sack any sitting President now especially for an election that is generally believed to be 80% accurate minus Rivers and Imo state?

But for the sake of optics and sustaining momentum, it makes sense to challenge election results but trust me nothing is coming out. When I look at the state by state breakdown of the election results, I don't see any outrageous number to warrant suspicion.

People should look at results from starting from 1999, we have had numerous states apart from Lagos and Kano producing 1m+ votes. Where did they get those numbers from?

Of course, I know. Supreme court is definitely not sacking a sitting president. We all know going to court is a waste of time. If PDP thought they had a decent chance in court, they will not be doing aluta continua on the streets of Abuja.

That was a hypothetical scenario

GloriousGbola:



The very first sign of decline was in 2006 if I recall, when Soludo devalued the naira. I remember that well because I was buying a ride and that drop in value pushed me from a 2005 model to a 2003 model. I was cussing Soludo not knowing what else was in store. Up to that point naira was n100 or so to the dollar.

There has been a decline in value of naira right from then.

There was another sharp decline in 2012 or 13, not sure. Then it was Okonjo iweala who did it. That was the first loss in our company's history. Because they imported product with forex and were paid in naira (subsidy). So the entire downstream majors lost money that year.

I don't travel, but I do order stuff so I am acutely aware when there is a sharp devaluation because conversion costs pass my threshold and I say this can't work again

2003 to 2008 was very stable for Naira. It was in 2009 banking tsunami that everything fell yakata

Many niggas abroad actually took the jump to come back home from 2004 to 2008, many to great regrets

I know a guy who lost a house in Edgeware, probably worth close to £1m now because he fell £50k behind on his mortgage while chasing his Nigerian dream

afrodoc2:


The guy will have one foreign job lined up.
World Bank and dem are always hiring.

Wike sef is lucky that APC won, otherwise, he would have been on the 1st flight out of the country. You think say all that cooking na ordinary? Baba sabi say anything other than APC na wahala because of EFCC.

I don't think he would have done handover in Nigeria, e for be via Zoom from an undisclosed location.

BlueRayDick:


Las las Emefiele will travel abroad on official assignment and drop his resignation from there . He has probably amassed enough wealth in the last 9 years to enable him buy citizenship of some countries like St Kitts by investment .

I don’t see him getting jailed like most people are using emotions to predict . He go surely get exit strategy in all of this rogbodiyan; He’s too smart not to

Na only resignation go save ham while Buhari is still President because if Tinubu meet ham for that office, he go know say khaki no be leather.

Shey you see say The Nations Newspaper don launch attack on him today on their front page.

Roland17:


Wike sef is lucky that APC won, otherwise, he would have been on the 1st flight out of the country. You think say all that cooking na ordinary? Baba sabi say anything other than APC na wahala because of EFCC.

I don't think he would have done handover in Nigeria, e for be via Zoom from an undisclosed location.

Agreement na agreement.

Roland17:


Until we build strong and independent institutions, a lot of the things Nigeria is trying to achieve as a nation will be subject to the interpretation of the government in power which is absolutely wrong and an abuse of power. Do you know the number of lower court judgements that are being disregarded by the State and Local government? How about government parastatals, ministries and private companies? This is a bigger issue and will require an accountable and selfless Senate/ House of reps to address. We have to start by sending competent representatives who have can actually check the excesses of the Executive arm of government not rubber stamp members of the house.

You can't build strong institutions in a poor country. It's a paradox. Never going to happen.

larride:




Agreement na agreement.

It's part of politics.

Asiwaju is not going to use EFCC to go after Wike, Wike doesn't trust Obi will not come for him as President and we all know that Atiku will leave him in jail for 8 years if he had the power. Wike reviewed all the options and decided to overcook the beans for the pesin he trusts.

larride:




Agreement na agreement.

Equitable agreement.

Iyendeba Iyendeba

GloriousGbola:


maybe he too don organize dominican ambassadorship

Those things no dey hard na. U just need enough dollars to throw around and those countries will kowtow to deliver ur citizenship to u on a platter of gold

larride:
These Governors should stop grandstanding, they dont control the CBN or the banks. Unless the CBN sent a memo to the banks to start accepting the old notes as deposit, nothing is going to change.

Look at this one

https://www.nairaland.com/7609574/governor-abioduns-filling-station-rejects

afrodoc2:


The guy will have one foreign job lined up.
World Bank and dem are always hiring.

Another angle ! E go don package him CV use enough technical words to describe the “miracle” he’s done in our financial system in the last 9 years .

Roland17:


It's part of politics.

Asiwaju is not going to use EFCC to go after Wike, Wike doesn't trust Obi will not come for him as President and we all know that Atiku will leave him in jail for 8 years if he had the power. Wike reviewed all the options and decided to overcook the beans for the pesin he trusts.

Asiwaju doesn't really hold grudges like that. His kind of politics is rare among top politician. He will rather ignore you totally than go after you.

Itsrm:


Look at this one

https://www.nairaland.com/7609574/governor-abioduns-filling-station-rejects

That one na clown.

DontBullshitMe:

You can't build strong institutions in a poor country. It's a paradox. Never going to happen.

Don't use Nigeria's failure to generalize. There are African/ developing countries with stronger institutions or institutions than what we have in Nigeria.

Processes like elections for example have better outcomes in these countries than Nigeria.

larride:


Asiwaju doesn't really hold grudges like that. His kind of politics is rare among top politician. He will rather ignore you totally than go after you.

That is why it was an easy decision for Wike to cook for Asiwaju.

larride:


Na only resignation go save ham while Buhari is still President because if Tinubu meet ham for that office, he go know say khaki no be leather.

Shey you see say The Nations Newspaper don launch attack on him today on their front page.

Na why I talk say he go get plans . This guy rose to become the MD of a top bank in Nigeria ( Zenith bank ) . He’s not some obscure politician who just made money from politics ; he’s been playing politics right from his time in the private sector . E know when matter cast, e don cast be that .

He will surely have a plan already which he’s not sharing with even his most loyal lieutenants. I don’t think he will take the risk of staying back in Nigeria hoping nobody will touch him .

He’s reported to be currently moving with military escorts since the DSS planned arresting him. He knows with Buhari gone so many hawks lurking in the shadows will come for him

Itsrm:


Look at this one

https://www.nairaland.com/7609574/governor-abioduns-filling-station-rejects

This is what I am talking about! Our Governors and the Executive are running rogue.

Itsrm:


Look at this one

https://www.nairaland.com/7609574/governor-abioduns-filling-station-rejects

Shebi I talk this thing that time. I wanted to buy fuel in one of his filling stations back then and they were selling per liter N300… I just bounce .

Dem no even dey accept old notes , yet he’s stupidly threatening other business owners to accept old notes at all cost .

BlueRayDick:


Na why I talk say he go get plans . This guy rose to become the MD of a top bank in Nigeria ( Zenith bank ) . He’s not some obscure politician who just made money from politics ; he’s been playing politics right from his time in the private sector . E know when matter cast, e don cast be that .

He will surely have a plan already which he’s not sharing with even his most loyal lieutenants. I don’t think he will take the risk of staying back in Nigeria hoping nobody will touch him .

He’s reported to be currently moving with military escorts since the DSS planned arresting him. He knows with Buhari gone so many hawks lurking in the shadows will come for him

You are right sha. DSS dey wait for ham no be small.

He's moving around with military because him and Irabor the COAS are from the same Delta State. Na that one still dey protect ham else DSS for don arrest ham.

All this point to another failure of Buhari in managing his own cabinet and appointees that even his security officials are doing as they like.

Commander in chief of armed forces my arse.