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During Jonathan's Time, Insecurity In The North Was Jonathan's Fault / Opinion: Was Jonathan The Most Attacked Nigerian President When He Was In Power? / Nigeria Economy Rated Best In Africa By Forbes-see Link (2) (3) (4)
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Re: How Was Jonathan Able To Manage Nigeria Economy by Pakute: 8:55am On Oct 20, 2023 |
MASTERCHIEF0847:Can a minister clear debts without the approval of her boss?, una dey open mouth to talk like say OBJ was not the one that appointed all the member of the team. Na the President even appeal to the creditors before they agree to negotiate. OBJ only made Okonjo Iweala to lead the negotiation as say she be the finance minister. 2 Likes 1 Share |
Re: How Was Jonathan Able To Manage Nigeria Economy by cktheluckyman: 8:55am On Oct 20, 2023 |
MASTERCHIEF0847:Price of oil has been high since the Russian-Ukraine war.What exactly did Buhari and Tinubu do with it 10 Likes 2 Shares |
Re: How Was Jonathan Able To Manage Nigeria Economy by MASTERCHIEF0847(m): 8:59am On Oct 20, 2023 |
Pakute:Go and read OBJ’s book, he mentioned it that it was Ngozi’s initiative and efforts which led to the success of the debt burden because he gave her free hand to work just like he did with other technocrats in his government like El-Rufai. Na you open mouth talk like agbero. 15 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by nairalanda1(m): 9:00am On Oct 20, 2023 |
cktheluckyman: Started repaying the debts which we incurred when oil prices were low, especially during COVID when oil was as low as 23 dollars Unless you have a tiny population, oil countries run into debt when oil prices are too too low.When the oil prices rise, the debt has to be paid off. We would have been in the same situation in 2011-14 if not for the 2006 debt write-off and oil hitting 140 per barrel in 2008, which yaradua used to buffer our savings. This is by no means a defence of Buhari. APC came into power with mandate to diversify the economy. They did not. Buhari didn't even raise tax income and fight corruption either 4 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by forgiveness: 9:01am On Oct 20, 2023 |
mrvitalis: From your submission, the only right people to do the job are from your region only. The ones from other regions are incompatible with efficiency hence incompetent, right? 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by MASTERCHIEF0847(m): 9:01am On Oct 20, 2023 |
cktheluckyman:Was the price higher than during the GEJ days? Una too like sentiments shish! Me am not a supporter of any Nigeria leader past or present, they all failed miserably considering the amount of resources and power at their disposal. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by MASTERCHIEF0847(m): 9:04am On Oct 20, 2023 |
NzogbuNzogbu:You are not bright, so your small brain told you that i am a Tinubu supporter and trying to exonerate him? You be real mumu and illiterate, carry your hate for Tinubu elsewhere you fool. I have no time for both you and the Tinubu. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by MASTERCHIEF0847(m): 9:04am On Oct 20, 2023 |
cktheluckyman:Compare the prices yourself oga.
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Re: How Was Jonathan Able To Manage Nigeria Economy by kokoA(m): 9:06am On Oct 20, 2023 |
GEJ to was a big failure. |
Re: How Was Jonathan Able To Manage Nigeria Economy by Kog45(m): 9:08am On Oct 20, 2023 |
qwertyuioplm:It was Obasanjo that managed the economy very well.Jonathan government started real corruption with impunity and Buhari messed things up,now Tinubu a confuse man. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by Pakute: 9:11am On Oct 20, 2023 |
MASTERCHIEF0847:And at the end of the day, he demoted her as finance minister and threw her into an inferior ministry when he discovered her incompetence during the deal. OBJ even talk am inside his book that Okonjo Iweala cannot work without little or no supervision. I pity you. 2 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by Shikini: 9:14am On Oct 20, 2023 |
MASTERCHIEF0847: Oga, forget that APC propaganda of a so-called oil boom during Jonathan. The price of crude oil today is the same as Jonathan's time. In fact, it was even higher recently in the peak of Ukraine/Russia war. It's still above $90 and even rising till date. Besides, the Buhari administration borrowed nearly #70 Trillion to augment fluctuating oil prices. Tinubu's government is continuing the borrowing spree. The truth is, Buhari (not Tinubu) actually rubbished Nigeria's economy. First, he himself was a dunce and still chose to surround himself with dunces because of tribalism. His Minister of Finance, Zainab Ahmed was not even good enough for a state commissioner for Finance. Read her profile before Buhari made her Minister. . 10 Likes 1 Share |
Re: How Was Jonathan Able To Manage Nigeria Economy by forgiveness: 9:20am On Oct 20, 2023 |
Kog45: I don't think Tinubu is confused. We need to move from the way we did things to another way. We are in the right direction. Buhari secretly removed subsidy long before the election. The reason it wasn't included in the budget. There was nothing Tinubu could do. Why are people interested in the exchange rate? Because they depend so much on imported goods including toothpick. Can you imagine? It's not that we don't produce anything but we don't seems to patronize our own produts hence the rush for anything foreign. We must change our lifestyle to adopt our own products. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by MrRichmond: 9:21am On Oct 20, 2023 |
valentineuwakwe: Naira is almost N1200 to $1. Keep on hoping. lol 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by mrvitalis(m): 9:22am On Oct 20, 2023 |
forgiveness:I'm not responsible for your ability to comprehend simple English Now shu shu run along 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by forgiveness: 9:25am On Oct 20, 2023 |
mrvitalis: Your English is, no other region is competent than mine else tell me who you think are competent to be minister of finance, CBN governor etc but ignored . 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by nairalanda1(m): 9:31am On Oct 20, 2023 |
Shikini: Between 2014-21, oil prices were lower than we needed them. That was why when apc was campaigning in2014/15 one of the main themes in their campaign was 'We will diversify the economy away from oil (Osibanjo even gave a beautiful speech at the Platform in 2015 to emphasize that point). They've obviously failed. Another issue is that low oil prices means that we need to get money from other sources. As stated earlier, failure to diversify happened, so all we had left was to improve tax to gdp ratio (not popular)...or loans. Buhari took loans. By 2021, when oil rose, guess what we had to do first? Pay back the loans. It's always been like that with Nigeria since independence. 4 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by SouthSouth1914: 9:31am On Oct 20, 2023 |
Tinubu is a disgrace together with Buhari. He should be given forty dirty slaps for saying “I built Lagos”. 6 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by Nwaokunkpara: 9:32am On Oct 20, 2023 |
If Truth could be the told the mess we are into this days started from Jonathan's administration 1 Like 1 Share |
Re: How Was Jonathan Able To Manage Nigeria Economy by nairalanda1(m): 9:32am On Oct 20, 2023 |
forgiveness: Good point about adopiting our products, BUT....at the end of the day, Tinubu is 1.Reintroducing subsidy and the debt therein on petrol, and maintaining subsides on power, which limits growth in both sectors. 2.Not urgently fighting corruption and leakages 3.Not improving tax to gdp ratio. 2 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by nairalanda1(m): 9:36am On Oct 20, 2023 |
Nwaokunkpara: No, the mess started from 1960. Nigeria has, like most African countries, been reliant on selling agric produce and minerals. The problem is, the prices of those goods are volatile on the international market. At the end, when prices of goods fall, loans must be taken. When prices rise, the loans have to be paid back from the excess revenue. We could take measures such as eliminating subsides, fighting corruption, improving tax uptake from all Nigerians and so forth. Nigerians do not like those decisions. So...loans. Jona did what has been done over and over again. The main difference was that oyel prices were high as it was in the 1970's 4 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by forgiveness: 9:38am On Oct 20, 2023 |
nairalanda1: I thought he debunked no 1. He just made appointment to head the agencies fighting corruption. Let us see how it goes. I don't know about no 3 but I know he is more focused on improving on tax. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by mrvitalis(m): 9:38am On Oct 20, 2023 |
forgiveness:If that's what you could comprehend then that's your problem oga |
Re: How Was Jonathan Able To Manage Nigeria Economy by forgiveness: 9:41am On Oct 20, 2023 |
mrvitalis: Tell me who were ignored for the post of minister of Finance and CBN since you believe the ones there now are incompetent and produce of quota system. |
Re: How Was Jonathan Able To Manage Nigeria Economy by eteebanky: 9:42am On Oct 20, 2023 |
Buhari is an unfortunate being Things start skyrocking immediately he became the president....... immediately the closed the border and banned some items |
Re: How Was Jonathan Able To Manage Nigeria Economy by MASTERCHIEF0847(m): 9:44am On Oct 20, 2023 |
Shikini:Oga am not holding brief for anyone. All the leaders from 1999 till now failed miserably, am only pointing out facts in relation to Op post. No be everything una go carry sentiment and hate for a particular government or president enter, sometimes use your brain without sentiments. 3 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by nairalanda1(m): 9:45am On Oct 20, 2023 |
forgiveness: On no 1... Subsidy is back, otherwise fuel won't be below N700 nationwide. Then there is still a subsidy on power. That's a waste of money. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by MASTERCHIEF0847(m): 9:45am On Oct 20, 2023 |
Pakute:You have jumped to another issue again. No pity me, pity your papa. |
Re: How Was Jonathan Able To Manage Nigeria Economy by mrvitalis(m): 9:45am On Oct 20, 2023 |
forgiveness:5 zone were ignored but na you only care about one |
Re: How Was Jonathan Able To Manage Nigeria Economy by forgiveness: 9:46am On Oct 20, 2023 |
nairalanda1: I think so too. I hope Dangote refinery is not a scam. It ought to have started operation by now. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by forgiveness: 9:47am On Oct 20, 2023 |
mrvitalis: Mention the competent person ignored for the office of Minister of finance and CBN. Leave stori. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by cktheluckyman: 9:53am On Oct 20, 2023 |
MASTERCHIEF0847:Yes of course!! Oil prices surged to $120/ barrel at the peak of the war.It stayed above $100 for months without any appreciable impact on the Naira 3 Likes |
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