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We Handed Over $550 Billion Economy To APC – PDP - Politics (5) - Nairaland

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Re: We Handed Over $550 Billion Economy To APC – PDP by LOVEALAIGBO: 11:36am On Sep 01, 2023
It's too late now! Pandoras' box was opened the moment GEJ and PDP allowed APC, Buhari and Tinubu to rig themselves into office in 2015! Too much water has now passed under the bridge!
Re: We Handed Over $550 Billion Economy To APC – PDP by Jostoman: 11:40am On Sep 01, 2023
PDP better pass this useless party called APC

2 Likes 1 Share

Re: We Handed Over $550 Billion Economy To APC – PDP by Basher8583: 12:01pm On Sep 01, 2023
Eagle360:
PDP was a saint compare to APC maladministration.
But today PDP/APC are same people that continue to loot the common wealth of our nation.

Just as Abacha was a saint compared to PDP
Re: We Handed Over $550 Billion Economy To APC – PDP by MomohMrMoore: 12:03pm On Sep 01, 2023
PDP thief. Nigeria had $500b and Nigeria had just months to completely collapse according to Okonjo Iweala who was the economy minister for Jonathan then. Not only 500billion, its 500 trillion.. thieves. PDP will never ever smell presidency again
Re: We Handed Over $550 Billion Economy To APC – PDP by fxexperts: 12:07pm On Sep 01, 2023
CSTRR:
Where is the lie?

Pdp is bad, pdp is bad, yet we were the third fastest growing economy in the world as at 2014.

The whole world. Behind china and UAE.

Our foreign reserves was pushing nearly $50b, 8yrs later and it's now less than $3b.
Don't mind them. The Nigerian citizens are so gullible and short sighted, and I am beginning to agree that they are actually the problem of this country.


ican2020:
Some of you up there should first of think properly before making comments, they said they left that amount, you either research and get the right information or ask the party they handed over to respond instead of exhibiting the same attitude that has kept the country down for over six decades
Don't mind them,, i am beginning to detest a lot of Nigerians recently, for a fact i think they are actually the true problem of this country, because how can you see an angel and go for the devil. and you are still defending the devil before of one useless tribal affiliation, that's crazy man. Statistics has proven time beyond number that the former 16years of PDP is far better that the last 8 years of this demonic evil party APC.

2 Likes 1 Share

Re: We Handed Over $550 Billion Economy To APC – PDP by MadamExcellency: 12:16pm On Sep 01, 2023
Antoeni:
2 Blantant Evil Liars

It's more than that. It was $570 according to international data tracking GDP since 1960

Re: We Handed Over $550 Billion Economy To APC – PDP by Angelfrost(m): 12:31pm On Sep 01, 2023
Kukutente23:

There were truths of course. But it was exaggerated by the APC propaganda machine.
If we're talking of gross misconduct of subordinates, buhari fared worse but no one held him to account for that.
Security barely improved under Buhari as well.
The truth is PDP as a party were shell-shocked by the viciousness of APC that they've not been able to match it till today. Do you know APC criticized the deployment of soldiers to NE?
I mean just imagine someone doing that under APC and see how he will immediately be labeled enemy of state.
I don't blame Jonathan as much as I blame the bad and brutal politics played by APC. Funny they are the ones complaining of cyberbullying today

You are totally right... But, PDP fell into that trap by alienating the voting citizens.

Apc sowed seeds of propaganda, yes. But, what did PDP do?!! What did a whole ruling party do?!!
Re: We Handed Over $550 Billion Economy To APC – PDP by uniquetechng: 12:33pm On Sep 01, 2023
Menclothing:


Google it was loan and all state paid back the bail out

No free money even the current one under tinubu is loan
Nigeria started using 90 percent of revenue to service loan and pay subsidy since Jonathan regime read his book

I blame no leader the system is decayed

So did he see the billions, that's the question.
Re: We Handed Over $550 Billion Economy To APC – PDP by blueAgent(m): 1:19pm On Sep 01, 2023
lailo:
Una go explain taya, no evidence. Foolish party. What was the minimum wage in your 16 years? From #1500 to #18,000 max. $550 billion economy but all roads left delapitated, both state and federal? No Railway? No Refineries? No Credible elections? No Hospitals and affordable healthcare?Zero Local productions, but the $550 billion economy relied heavily on importations? No Electricity? No Quality education? Level of embezzlement of public funds were appalling? No Industries? No Jobs? Crippled GDP? You think we have forgotten so quick the perennial and preponderant long queues at petrol stations? Annual ASUU strike and NLC strike? Infrastructural decay and neglect? Regular Political assassinations and blood letting communal clashes? Niger Delta oil spoilage and environmental destruction? The first time bomb will be used among civilians in Nigeria started in PDP era. Your $550 billion economy gave birth to Book haram, IPOB, MASSOB, insurgency, and kidnapping that became a lucrative business. You made so much trillions of dollars from oil boom but squandered it. Irrespective of what we are going through under APC, PDP have no single say bcs the party is responsible for what we are currently going through. I wish Tinubu had come immediately after Jonathan, this evil party would have been buried. But anyway the time has come.

Clown.
Ppl like you are the reason Nigeria and Africa is a shithole.
Re: We Handed Over $550 Billion Economy To APC – PDP by Menclothing: 1:23pm On Sep 01, 2023
uniquetechng:
So did he see the billions, that's the question.

Loan
Re: We Handed Over $550 Billion Economy To APC – PDP by fxexperts: 1:32pm On Sep 01, 2023
lailo:
Una go explain taya, no evidence. Foolish party. What was the minimum wage in your 16 years? From #1500 to #18,000 max. $550 billion economy but all roads left delapitated, both state and federal? No Railway? No Refineries? No Credible elections? No Hospitals and affordable healthcare?Zero Local productions, but the $550 billion economy relied heavily on importations? No Electricity? No Quality education? Level of embezzlement of public funds were appalling? No Industries? No Jobs? Crippled GDP? You think we have forgotten so quick the perennial and preponderant long queues at petrol stations? Annual ASUU strike and NLC strike? Infrastructural decay and neglect? Regular Political assassinations and blood letting communal clashes? Niger Delta oil spoilage and environmental destruction? The first time bomb will be used among civilians in Nigeria started in PDP era. Your $550 billion economy gave birth to Book haram, IPOB, MASSOB, insurgency, and kidnapping that became a lucrative business. You made so much trillions of dollars from oil boom but squandered it. Irrespective of what we are going through under APC, PDP have no single say bcs the party is responsible for what we are currently going through. I wish Tinubu had come immediately after Jonathan, this evil party would have been buried. But anyway the time has come.
You are so brainwashed and i do not know if you still have your senses intact. if you know anything in life, you will not be where you are today.
Re: We Handed Over $550 Billion Economy To APC – PDP by Kukutente23: 1:52pm On Sep 01, 2023
Angelfrost:


You are totally right... But, PDP fell into that trap by alienating the voting citizens.

Apc sowed seeds of propaganda, yes. But, what did PDP do?!! What did a whole ruling party do?!!
They were to consumed with infighting and bickering to be able to muster an effective response
I wonder why it always has to be Rivers gov to spearhead mutiny in the party
Re: We Handed Over $550 Billion Economy To APC – PDP by jude79(m): 1:52pm On Sep 01, 2023
Nigerians have only knowned bitter pill throughout their lives, the PDP years, even though they were corrupt, they had conscience and were mindful of hurting Nigeria and Nigerians economy, but since this APC bandits and criminals came in, conscience was replaced with propaganda, it has been bitter pill after bitter pill on the easily deceived naive tribally inclined and religious bigoted masses, and to cap it all, after the sufferings, then suffering pro max will be loaded on Nigerians, while the criminal politicians cash out, below is exactly what is happening.

Re: We Handed Over $550 Billion Economy To APC – PDP by fxexperts: 2:08pm On Sep 01, 2023
MomohMrMoore:
PDP thief. Nigeria had $500b and Nigeria had just months to completely collapse according to Okonjo Iweala who was the economy minister for Jonathan then. Not only 500billion, its 500 trillion.. thieves. PDP will never ever smell presidency again
I hope you are enjoying your balablu now. idiots everywhere.
Re: We Handed Over $550 Billion Economy To APC – PDP by uniquetechng: 2:58pm On Sep 01, 2023
Menclothing:


Loan
loan in two weeks of resuming office ?
I have been following Nigeria politics for 35 straight years, so I can tell you for free that GEJ left billions of dollars for his successor and details are not hidden as they're in public domain.
Re: We Handed Over $550 Billion Economy To APC – PDP by Error401: 3:47pm On Sep 01, 2023
U be mumu, PDP was obviosly better
gaby:
Na sooo

For Diezani et Al akant....

Oless

Na thunder go fire all of una mouth.
Re: We Handed Over $550 Billion Economy To APC – PDP by Error401: 3:52pm On Sep 01, 2023
Which mess? Thesame mess they built for 16 years before APC came to make it messier?
Benekkk:
Trash talk! They laid the foundation for the mess we’re enjoying presently. All our politicians collectively are wicked and evil. Where will they claim they’re taking Nigeria with all the unprecedented looting and corruption?
Re: We Handed Over $550 Billion Economy To APC – PDP by gaby(m): 3:53pm On Sep 01, 2023
Error401:
U be mumu, PDP was obviosly better

If you were not a dense and biological morooon you would understand that there is no difference between APC and PDP.

Who is your Senate President today? Was he born as APC? Idiotic slowpoke..


Your likes are the reason why the country is where it is today because the useless politicians know they can keep fooling and confusing you with party acronyms.

Dundee.
Re: We Handed Over $550 Billion Economy To APC – PDP by pquaver(m): 3:53pm On Sep 01, 2023
Kukutente23:

Kindly explain how

I no need explain.. Evidence full everywhere
Re: We Handed Over $550 Billion Economy To APC – PDP by Error401: 3:55pm On Sep 01, 2023
See this wereeyy ooo. PDP as a party managed the country better!
Do with this information with whatever you can

Ode oshi

gaby:


If you were not a dense and biological morooon you would understand that there is no difference between APC and PDP.

Who is your Senate President today? Was he born as APC? Idiotic slowpoke..


Your likes are the reason why the country is where it is today because the useless politicians know they can keep fooling and confusing you with party acronyms.

Dundee.
Re: We Handed Over $550 Billion Economy To APC – PDP by gaby(m): 3:58pm On Sep 01, 2023
Error401:
See this wereeyy ooo. PDP as a party managed the country better!
Do with this information with whatever you can

Ode oshi


Useless pikin wey LovePeddler born for armed robber.

You and your entire lineage are cursed with foolishness and it is so apparent to see.

Blockheaded moroon
Re: We Handed Over $550 Billion Economy To APC – PDP by Exceed15: 4:09pm On Sep 01, 2023
hisexcellency34:
Lies kee you there. Ordinary national Secretariat in Abuja, you can't complete

Can you compare and contrast btw pdp & APC govt? I prefer pdp lies than APC shege banza
Re: We Handed Over $550 Billion Economy To APC – PDP by coolitempa(f): 4:46pm On Sep 01, 2023
DaTruths:
My worse regret was voting for Tinubu.

75 Billion for National Assembly furniture, fire burn the chairs wey i dey see inside there?

825 Billion for Abuja run way compensation, was Their a crude oil leakage?

But 5 billion to share two cups of beans for a whole state.

Tinubu na scam las las.

Reading all your old posts, it is easy to see that you are a liar.
Re: We Handed Over $550 Billion Economy To APC – PDP by Kukutente23: 4:48pm On Sep 01, 2023
pquaver:


I no need explain.. Evidence full everywhere
No na. Just try
At least show those of us who are blind the evidence we refuse to see
Re: We Handed Over $550 Billion Economy To APC – PDP by Brushstrokes20: 4:52pm On Sep 01, 2023
I thought pdp was a den of thieves but Apc proved me wrong!
Re: We Handed Over $550 Billion Economy To APC – PDP by lastkingsman: 4:57pm On Sep 01, 2023
BigDawsNet:


Many projects were abandoned, many funds were stolen, in 8 years Jonathan PDP regime... dollar was 150 from the start... and ended in 197.8763 NGN after pdp finally year....

With all dis corruptions.. how was pdp able to maintain the exchange rates and cost of living?

Cc: JayAjoku


It was APC (Air Fee Cee) that drove it up to 197N/$ from 160$/N when they started threatening that "baboons and money will be soaked in blood...", "we will run a parallel govt if we didn't we" and other nonsense threats.

https://www.vanguardngr.com/2012/05/2015-ll-be-bloody-if-buhari/amp/

https://www.premiumtimesng.com/news/headlines/171627-apc-vows-form-parallel-government-2015-elections-rigged.html?tztc=1

I remember vividly US issuing several security alarms to its citizens living in Nigeria and even rumors have it that their military carrier was close to Lagos offshore. That's how tensed the entire country was because of APC divisive politics. it was this tension that forced businesses and investors to convert their naira to dollar and the thing shot up from 160N/$ in Oct 2014 to 195N/$ May 2015 . They promised to make $1 = 1N, lmao 😂

These people actually brought in angry militias from Mali, Sierra Leone, Senegal to scatter the country inorder to win the election.

https://www.google.com/amp/s/businessday.ng/news/article/how-we-brought-in-fulani-militias-from-mali-sierra-leone-senegal-others-to-win-2015-election-kawu-baraje/%3famp=1

GEJ had to make the calls even before announcement of results was officially over to save the country from blowing up.

Having put things into context sir, let me explained how APC finished the exchange rate with unprecedented corrupt practices ever recorded in human history.

There are five major FX earning sources that stabilized exchange rate over time.

Oil-Exports
Non Oil exports
Remittances
FDIs
FPI

On oil export: remember GEJ was doing 2.5mbpd before APC came on board and took it below 1mbpd. Now it's 1.3mbpd while OPEC quota is 1.7mbpd. we are not even meeting OPEC quota. Hmmm. They blame it on crude oil theft. Lmao grin whose responsibility is it to stop crude oil theft?

(mbpd - million barrel per day)

On non-oil export: nothing significant has change here for a party that promised to diversify the economy.

On remittances: remittances have remain stable but don't pass through our banks again because useless APC pegged naira against dollars, hence BM became a booming business. They call it FX subsidy abi stabilizing naira. Lmao 🤣

On FDIs and FPIs:
Foreign direct investment in Nigeria

2008: $4.8bn
2022: $468m

Currently investment in Nigeria is just 10% of what it was in 2008.


https://twitter.com/NaijaFlyingDr/status/1643215159056269313?t=z5bsjvE4O6zeAC0DhL2X2A&s=19

Another honorable mention that stabilizes exchange rate is your FX reserve. APC met it around 35bn USD+ today it's 3.7bn USD net according to JP Morgan. Emewerey and Bubuhari (APC henchmen) use our reserve do collateral grin

Abi the excess crude account of 3bn USD which they reduced to about 400k USD?

Other honorable mentions: remember it was APC that engineered the Ojota protest against fuel subsidy removal in 2012 and then eventually using to campaign against GEJ in 2015 even when they knew deep down it was the right thing to do. The subsidy has cost Nigeria over 30 trn naira from 2015 to 2023.

Remember APC bypassed our ways and means law and increased local debt from 700bn to 22trn naira effectively breaking our financial laws on borrowing.

https://dailytrust.com/senate-approves-22-7trn-cbn-ways-and-means-loans-to-fg/

The only thing APC (evil personified) thrives on is lies. They can't do without messing everywhere up and lying about it. That's how idiotic NNPC ran and announced that they have a 3bn USD deal with AFREXIM which we are learning now to be false.

https://moneycentral.com.ng/exclusive/article/nnpc-3bn-afrexim-loan-deal-stalls-as-lenders-hesitate/

In summary, Nigeria fate will be decided by the judiciary on Sept 16th, 2023. Tinubu/APC must be disqualified (evidence plenty) and a fresh election should be re-conducted with the new electoral laws strictly followed so Nigerians can chose their destiny. If judiciary messes up (which I am expecting because we play with fire in this country), Nigeria will be forever gone because nothing will stop this evil called APC again from moving Nigeria to stage 4 cancer grin

At this point, I will stop
Re: We Handed Over $550 Billion Economy To APC – PDP by Nerdnextdoor: 4:59pm On Sep 01, 2023
Thanks for these facts!
MadamExcellency:


It's more than that. It was $570 according to international data tracking GDP since 1960
Re: We Handed Over $550 Billion Economy To APC – PDP by seunayantokun(m): 8:16pm On Sep 01, 2023
Thieves handed over to armed robbers.
Re: We Handed Over $550 Billion Economy To APC – PDP by Brownking: 8:43pm On Sep 01, 2023
GuruboiNaija:


https://.ng/2023/09/01/we-handed-over-550-billion-economy-to-apc-pdp/

Nigerians economy not even worth upto 50billion dollars right now
Re: We Handed Over $550 Billion Economy To APC – PDP by DaTruths: 7:50am On Sep 02, 2023
coolitempa:


Reading all your old posts, it is easy to see that you are a liar.

I'm glad i gave you such an assignment, now run along.
Re: We Handed Over $550 Billion Economy To APC – PDP by pquaver(m): 8:01pm On Sep 02, 2023
Kukutente23:

No na. Just try
At least show those of us who are blind the evidence we refuse to see

If u r blind, you are blind. I am no Jesus or peter. Here no be crusade ground.. Nobody is healing you here.. Kukuma remain blind
Re: We Handed Over $550 Billion Economy To APC – PDP by Kukutente23: 9:43pm On Sep 02, 2023
pquaver:


If u r blind, you are blind. I am no Jesus or peter. Here no be crusade ground.. Nobody is healing you here.. Kukuma remain blind
Hehehe.
You majored on jokes in your undergraduate studies I guess

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