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Nairaland Forum / Nairaland / General / Politics / How Was Jonathan Able To Manage Nigeria Economy (25599 Views)
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 frog12: 12:42pm On Oct 20, 2023 |
JONATHAN was president in a lucky time. even NOI borrowed to pay salaries. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by seguno2: 12:43pm On Oct 20, 2023 |
sonofthunder: Please how is keeping oil theft low not part of managing the economy well 1 Like 2 Shares |
Re: How Was Jonathan Able To Manage Nigeria Economy by ufuosman(m): 12:44pm On Oct 20, 2023 |
Isobug:Country don scarta I swr, something never reach a yr 2m plus don add 2 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by forgiveness: 12:44pm On Oct 20, 2023 |
mrvitalis: Edun met 2 out of 3. Stop lying. |
Re: How Was Jonathan Able To Manage Nigeria Economy by nairalanda1(m): 12:45pm On Oct 20, 2023 |
frog12: Because as high as oil prices were under Jonathan, they were not high enough. Nigeria needs oil to be at least 130 dollars per barrel before we can say we have ze money. Large population is a big part of the reason why. |
Re: How Was Jonathan Able To Manage Nigeria Economy by Stephench: 12:47pm On Oct 20, 2023 |
MASTERCHIEF0847: How much was oil selling and how much is it selling now? 1 Like 1 Share |
Re: How Was Jonathan Able To Manage Nigeria Economy by ben4ever(m): 12:47pm On Oct 20, 2023 |
Good economic team , same used by obasanjo and yardua |
Re: How Was Jonathan Able To Manage Nigeria Economy by HeroicMeastro: 12:48pm On Oct 20, 2023 |
nairalanda1:They have no vast land for agriculture, no man power, no solid minerals, no portable drinking water. We have all of these... 1 Like 1 Share |
Re: How Was Jonathan Able To Manage Nigeria Economy by Kukutente23: 12:49pm On Oct 20, 2023 |
mikeapollo:He actually brought in Emefiele due to the disloyal tendencies of Sanusi. First of all, which of his figures was right? Was it 49.8, 20 or 10bn? Anyone who knows anything then will know Sanusi couldn't have been right because the CBN does not have access to NNPCL's books. Secondly, you lied. Both Senate and PWC confirmed no missing 20bn 1 Like 1 Share
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Re: How Was Jonathan Able To Manage Nigeria Economy by yewit37486: 12:49pm On Oct 20, 2023 |
43Ronin: lmaoo @ your analogy. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by GeneralDae: 12:49pm On Oct 20, 2023 |
onuman:What did Jonathan do for his SS region? |
Re: How Was Jonathan Able To Manage Nigeria Economy by sonofthunder: 12:50pm On Oct 20, 2023 |
seguno2: Understand my point. He never did anything substantial to grow the economy despite the growing population. A major reason oil theft went down was because it was someone from the region that was president and they were sending militants from the region abroad and paying them huge money as salary while citizens from same place who went to school graduated and remained either jobless or underemployed. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by nairalanda1(m): 12:50pm On Oct 20, 2023 |
HeroicMeastro: Yes, which is why we have to use our vast raw materials to make exportable industrial goods and services. |
Re: How Was Jonathan Able To Manage Nigeria Economy by Kukutente23: 12:51pm On Oct 20, 2023 |
Pakute:All you had to do was explain how finance is bigger than foreign ministry. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by landmark86: 12:52pm On Oct 20, 2023 |
APC is the worst party to ever rule Nigeria 2 Likes 2 Shares |
Re: How Was Jonathan Able To Manage Nigeria Economy by TheOgaBoss: 12:54pm On Oct 20, 2023 |
MASTERCHIEF0847:crude oil price and especially the price of lng has been very high since the Russia Ukraine war started, even b4 the war it was rising, go and compare with the prices during Jonathan's administration. 2 Likes 2 Shares |
Re: How Was Jonathan Able To Manage Nigeria Economy by rickleye: 12:54pm On Oct 20, 2023 |
nairalanda1: Nigeria’s major problem is that we act as a consuming economy like US and not like producing economy like China. We are consuming a lot and neither exporting nor consume any made in Nigeria products. Our sole reliance is Oil and offshoots of oil . Another export besides oil is Hydro to neighbouring countries. I’ll admit one thing - which is until you have access to all financial data one’s analysis on how bad the issue is is flawed. Tinubu should not have removed subsidy on day one, literarily . He should have studied the issues first for a while and then acted . He should have provided a buffer and created jobs before pulling the plug. Start with half and then complete removal . From what is being reported after some months of removing subsidies and seeing how bad things became , he quickly and quietly returned subsidies. The issues at hand will not be solved in a day or a year . The problem is that the ship isn’t turning in the right direction . I am not optimistic at all . He’s too old to be hands on . The role of a president is mostly ceremonial so his economic team need to look for out of the box solutions . At present it appears trial and error and costly . 2 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by Pakute: 12:55pm On Oct 20, 2023 |
Daystar7:Okonjo Iweala killed our economy, she was collecting salary in dollars and supervised Dasuki gate. |
Re: How Was Jonathan Able To Manage Nigeria Economy by Meti99(m): 12:55pm On Oct 20, 2023 |
At this point I guess Tinubu should invite Jonathan to train him (Tinubu) how to run our economy...at least experience is the greatest teacher.. Tinubu should just humble himself to learn from our dear Uncle Joe...best Nigerian president ever 1 Like 1 Share |
Re: How Was Jonathan Able To Manage Nigeria Economy by Kukutente23: 12:57pm On Oct 20, 2023 |
spiSeyi:Tissue of lies GEJ met pms at 65 and left it at 87 GeJ left a bag of rice at 8k GEJ left dollar at 218 You don't need to tell lies to defend your masters We were all in this country 1 Like 1 Share |
Re: How Was Jonathan Able To Manage Nigeria Economy by HeroicMeastro: 12:57pm On Oct 20, 2023 |
nairalanda1:We shouldn't talk about exporting these without be self sufficient as producers. My point is that if succeeding governments had saved, we won't be in this current mess. Even exporting nations had went through recessions, so only savings can help in such instances.. |
Re: How Was Jonathan Able To Manage Nigeria Economy by TheOgaBoss: 12:58pm On Oct 20, 2023 |
MASTERCHIEF0847:even in the USA there are instances of corruption by officials, that does not mean the administration failed. we still have till today, lasting policy results that helped certain sectors of the economy from pdp era of 1999, what lasting positive legacy can u point to from apc administration of buhari that just finished less than a year ago? 1 Like 1 Share |
Re: How Was Jonathan Able To Manage Nigeria Economy by Svoboda(m): 12:59pm On Oct 20, 2023 |
PDPdestroyer: Despite diplomatic isolation and economic sanctions. |
Re: How Was Jonathan Able To Manage Nigeria Economy by nairalanda1(m): 12:59pm On Oct 20, 2023 |
HeroicMeastro: Even then, we still need to make more money 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by samuelson06(m): 1:01pm On Oct 20, 2023 |
MASTERCHIEF0847: So you think if crude was also high now there'll be some good changes? It seems you don't understand the government of APC. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by LordBillionz: 1:01pm On Oct 20, 2023 |
Pakute:These are your excuses? You're irredeemable |
Re: How Was Jonathan Able To Manage Nigeria Economy by Bizibi(m): 1:02pm On Oct 20, 2023 |
MASTERCHIEF0847:oil was even high in buhari administration and they told us there is nothing they can do about the crude oil production and the oil theft. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by Pakute: 1:02pm On Oct 20, 2023 |
DIVINEEVIDENCE:GEJ was borrowing to pay salaries, that was the foundation for recession. Covid shut down the world, Ebola was curtailed by Fashola less than a month. |
Re: How Was Jonathan Able To Manage Nigeria Economy by freshboi88: 1:03pm On Oct 20, 2023 |
MASTERCHIEF0847: It is the oil boom due to the Russia and Ukraine conflict that is increasing the cost of fuel today without subsidy. Each time the price of oil goes up today, I hope you know it affects the people negativity under Tinubu ? |
Re: How Was Jonathan Able To Manage Nigeria Economy by Bizibi(m): 1:04pm On Oct 20, 2023 |
mikeapollo:forget it,it is not true....it was just politics. I remember when sanusi was giving different figures and some stupid propaganda saying the money is in zenith Bank. 2 Likes |
Re: How Was Jonathan Able To Manage Nigeria Economy by chiself: 1:04pm On Oct 20, 2023 |
Pakute: I call them "the 99.9%ers", they are clueless. The guy has not even been in office for a year! Maybe they think he is a magician. Running the economy is not an easy tasks and there will be mistakes along the way. In the UK last year we had a Prime Minister that was in office for 49 days because of her economic policies. It appears the country is cursed as there are lots that don't want it to succeed. I don't get it. Why won't you want the best for yourself and your children but you think by Japaing to some foreign country they would take care of you? Even after 8 years in office, Tinubu won't be able to do everything but there should be some significant changes. The 99.9%ers are always the last to know. 1 Like |
Re: How Was Jonathan Able To Manage Nigeria Economy by TheOgaBoss: 1:04pm On Oct 20, 2023 |
Pakute:the Russia Ukraine war is actually a positive for every oil producing nation. the recession was partly caused by the backward economic policies of buhari. he closed the land borders of Nigeria throughout his administration, and most of our factories rely heavily on the west African market for their products. |
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