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Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats - Politics (10) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats (39014 Views)

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Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by angelsing(m): 8:10am On Feb 02, 2015
FreeGlobe:


No, this from Soludo is below the belt, on a fellow nwa afo. Although the response by Ngozi's media aide is irresponsible, Soludo shouldn't have taking it this far on an Ada igbo cheesy
From ur comment I can deduce u never discredit what soludo said but u are angry because he went after his fellow tribe...Isn't Nigeria as an entity more important than a tribe?...We will never forget its under her watch that a dollar is now equivalent to 200plus...

2 Likes

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by omersco: 8:12am On Feb 02, 2015
Iam very happy to hear from patriotic Nigerians to speak out not minding the insults and abuses from different angles. Kudos to them and I urges some of them who are hiding because of the bad names they will call you which is not true but to their political selfish interest, should come out to speak out because we need positive change in country .

1 Like

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by pak: 8:13am On Feb 02, 2015
Femi Fani-Kayode made me laugh, as usual - Soludo

grin grin grin grin grin grin

Pls someone should ensure that this guy never leaves the political sphere, who else can make us laugh as much as he does

1 Like

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Nobody: 8:14am On Feb 02, 2015
tit:
Soludo was in PDP for ten years!
What did he achieve?
nothing.
Instead he left Nigerians with a 16 trillion naira debt.
which was paid for by the AMCON sovereign wealth fund.

What is AMCON sovereign wealth fund? Stop confusing yourself biko. AMCON is different from sovereign wealth fund managed by NSIA. Get your facts before spewing rubbish.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by ontheair: 8:17am On Feb 02, 2015
DonDiego:


Did you say Bisi Onasanya? The same guy at First Bank that is so clueless that the once premier commercial bank has been floundering under his watch and playing catch up to much younger banks like Zenith and GTBank? Abeg no make person laugh. Onasanya that doesnt even have professional qualification in economics or finance worthy of note? Abegi.

Laughable at the professional qualification part! We still will not learn to stop emphasizing on the number of paper quifications, how many of those with Phds, Hazard business review certifications are being questioned daily?!
Perhaps, you should have stopped at your disappointment of his management ability you said above, that makes more sense of judgment subject to confirmation.
Lots of charlatans, uncommitted individual with zero passion who believe garnering certificates, running out of the country to amass certificates instead of knowledge and experience believing they are experts and can spew all jargons in then name of being educated and with professional qualifications in a nation encouraging such sad trend, is dragging our nation into the wilderness of despair!
Respect.

2 Likes

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by angelsing(m): 8:29am On Feb 02, 2015
FreeGlobe:

why should she resign when she's doing her job? She's not the minister of Petroleum, she's not EFCC. Why should she resign? Some of you gets me confused. Soludo blamed her for everything perhaps because she's coordinating minister or whatever but she's not in control of EFCC and Petroleum ministry!

LRNZH I still believe the 20 billion missing money like the chibok girls saga may be a scam sold by a clearly biased media. I think the government has not generally come out to refute these claims once and for all because of PR.
Jesus!...Chibok girls scam at this stage?...Like I always say, Nigerians don't care about the affliction of their neighbour's so long as it does not affect them

3 Likes

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by mikeapollo: 8:39am On Feb 02, 2015
This is why I respect and like Sanusi.....he was bold and courageous enough to speak the bitter truth to govt even though he was part of the govt.'

What did Soludo and co saywhen Obasanjo was mismanaging the economy? Nothing! Obasano looted but all of them, including Oby, Fani-Kayode, Ribadu, El-Rufai, Soludo etc were telling us that Obasanjo was the best and that everything was perfect!
The other day, Oby was shamelessly defending the $16billion that Obasanjo spent on power without any result!
Now that they are no-longer relevant, they are complaining! I would not take such people seriously.

I would rather listen and believe whatever Sanusi says......because I remember that he stood up and spoke the truth even when his post/office was in danger! He did not allow his privileges as CBN governor to mortgage his conscience
Tell me the truth when you are in govt and enjoying all the pecks of power....then I will listen to your stories when you are no longer in govt and have lost relevance!

4 Likes

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by traeces(m): 8:58am On Feb 02, 2015
A public intellectual debate on the economy is truly imperative. Ma'am as they call you, if you have nothing to hide, please fix a date before Feb 14th and let's focus the issues and not propaganda. Nigerians deserve to know the truth about our economy.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Smart007i(m): 9:06am On Feb 02, 2015
Flets:
Soludo desperately in need of a job and relevance.
And you desperate in need of attention

3 Likes

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Sajio(m): 9:19am On Feb 02, 2015
basisop:


Mumu!!! Always read before displaying your daftness.
... Why the insult?? better person!
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Nobody: 10:05am On Feb 02, 2015
Myluv1:


Liar! Nigeria's economy is on the rise. Ask CNN and the likes.

And CNN knowa better than we living in Nigeria?

1 Like

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by callmenow: 10:56am On Feb 02, 2015
Spiteful, bitter and twisted troll. Soludo needs a job to occupy him before he tops himself.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by mikeapollo: 11:01am On Feb 02, 2015
barcanista:
Okonjo Iwaela is an overrated economist. All her economic policies makes me to question the kind of training that she received in Havard. I wonder whether her Phd was really earned or it is just another Chieftancy title (Like her Oga). She's a flop, though Soludo also flopped as CBN boss. I can't wait to see her return to World Bank, she will not be missed!!! Good riddance..

Ngozi is overrated because we Nigerians are mediocre in thinking! Just because somebody works as ad administrator in the World Bank, we/they think she is an expert in economic management. Her incompetence in Economics was exposed during the debate on the fuel subsidy debate. Sanusi was the only intellectual amongst all of them.

Interestingly, Soludo did not say anything against how Ngozi mismanaged the economy during Obasanjos era when Soludo himself was CBN governor.....this is why I refuse to take him, Oby, El-Rufai etc serious.
Give me Sanusi anytime and day.....a man onf Integrity and Courage!

1 Like

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Myluv1: 3:27pm On Feb 02, 2015
satope1:


And CNN knowa better than we living in Nigeria?
Apparently yes. No thanks to you and yours' ignorance to what developmental plan is.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by VoteWisely: 5:29pm On Feb 02, 2015
#VoteWisely #VoteWisely #VoteWisely #VoteWisely #VoteWisely #VoteWisely #VoteWisely #VoteWisely #VoteWisely #VoteWisely

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by SonOfEl(m): 7:49pm On Feb 02, 2015
mikeapollo:


Ngozi is overrated because we Nigerians are mediocre in thinking! Just because somebody works as ad administrator in the World Bank, we/they think she is an expert in economic management. Her incompetence in Economics was exposed during the debate on the fuel subsidy debate. Sanusi was the only intellectual amongst all of them.

Interestingly, Soludo did not say anything against how Ngozi mismanaged the economy during Obasanjos era when Soludo himself was CBN governor.....this is why I refuse to take him, Oby, El-Rufai etc serious.
Give me Sanusi anytime and day.....a man onf Integrity and Courage!

jealousy undercover, we know your type.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by DonDiego(m): 7:53pm On Feb 02, 2015
ontheair:


Laughable at the professional qualification part! We still will not learn to stop emphasizing on the number of paper quifications, how many of those with Phds, Hazard business review certifications are being questioned daily?!
Perhaps, you should have stopped at your disappointment of his management ability you said above, that makes more sense of judgment subject to confirmation.
Lots of charlatans, uncommitted individual with
zero passion who believe garnering certificates, running out of the country to amass certificates instead of knowledge and experience believing they are experts and can spew all jargons in then name of being educated and with professional qualifications in a nation encouraging such sad trend, is dragging our nation into the wilderness of despair!
Respect.

My dear, you seem to misunderstand the matter at hand. While paper qualification for its own sake isnt very useful in the professions, not also being adequately trained at the highest academic levels before entering a profession like banking in the modern world is a sure recipe for disaster. Go and look around the world. The biggest banks in all countries are manned by people with impeccable academic and professional qualifications. I am still at a loss how out of the several highly educated and experienced brains in First Bank, Bisi Onasanya was the one chosen. Any wonder why FBN is where it is today. Excellent academic background merged with sound managerial ability will always lead to growth in any company.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by ocelot2006(m): 7:58pm On Feb 02, 2015
Kimoni:


It's not just about the post, it's about giving a freehand to implement ur policies even if the elite class oppose cuz it's not beneficial to them. Recall how Obasanjo looked the other way when El-Rufai was cleaning Abuja up and so many houses belonging to politicians were demolished or how Ribadu's Efcc pursued the politicians so much he wan branded a tool in Obasanjo's witch hunting, or even Ngozi herself when she first started the debt cancellation discussions with the Paris Club and had to use a significant part of the external reserves to pay off the final loan?

Obasanjo protected them from the politicians and so they had the confidence to make the best decision not minding whose ox is gored.

In the current government, she has always been crying on how it the ratio of our current to capital expenditure is not sustenable and how it needs to be addressed but politicians and northern elites have kicked against the idea of any redundancy in government and guess what? Even Sanusi while in CBN made the same observations but guess what? Jona threw the solution into the thrash can cuz he couldn't face them.

I could go on and on. Truth is Jona is gutless!


You still don't get it, do you? NOI holds the MOST POWERFUL ministerial post In the country. SHE is the brains behind our economic reforms, and SHE heads the economic advisory team to the President. And it's not just finance, but also power, agriculture, energy, defence, trade and investment, and so much more. That was why the post was created for her.

1 Like

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by omonnakoda: 8:05pm On Feb 02, 2015
DonDiego:


My dear, you seem to misunderstand the matter at hand. While paper qualification for its own sake isnt very useful in the professions, not also being adequately trained at the highest academic levels before entering a profession like banking in the modern world is a sure recipe for disaster. Go and look around the world. The biggest banks in all [/b]countries are manned by people with [b]impeccable academic and professional qualifications. I am still at a loss how out of the several highly educated and experienced brains in First Bank, Bisi Onasanya was the one chosen. Any wonder why FBN is where it is today. Excellent academic background merged with sound managerial ability will always lead to growth in any company.
We have not yet recovered from the last DISASTER in 2008. There is no specific qualification over and beyond working in the industry that qualifies one to be good at "BANKING" whatever banking maybe. There are several kinds of bank and the meaning changes with development and technology.
Commercial Banking is different from Investment Banking eg .Like I said the last disaster still haunts us today. Some bankers studied Mathematics,Finance,Economics,Business administration,IT Engineering,Operations Management,Accounting,Psychology,marketing,Law to name but a few.
The clam that not being traines at the highest academic levels is a sure recipe fr disaster is bizarre.Others may argue the converse being trained in such a way/place is a sure recipe for disaster. Banking is NOT engineering and there is no formula or science.What works in Germany may not work in France etc. Let us not be slaves to meaningless dogma Anyone with a university degree and inteligence aged 22year old can have a good career in Banking,anyone!

1 Like

Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by DonDiego(m): 8:26pm On Feb 02, 2015
omonnakoda:

We have not yet recovered from the last DISASTER in 2008. There is no specific qualification over and beyond working in the industry that qualifies one to be good at "BANKING" whatever banking maybe. There are several kinds of bank and the meaning changes with development and technology.
Commercial Banking is different from Investment Banking eg .Like I said the last disaster still haunts us today. Some bankers studied Mathematics,Finance,Economics,Business administration,IT Engineering,Operations Management,Accounting,Psychology,marketing,Law to name but a few.
The clam that not being traines at the highest academic levels is a sure recipe fr disaster is bizarre.Others may argue the converse being trained in such a way/place is a sure recipe for disaster. Banking is NOT engineering and there is no formula or science.What works in Germany may not work in France etc. Let us not be slaves to meaningless dogma Anyone with a university degree and inteligenc.


Nice try, bro. But you persuaded no one. Despite your long post you invariably agreed, despite originally unintending to do so, with me that a sound degree is compulsory requirement for anyone with dreams of executive management in the banking profession. And to further rain on your brave parade, lemme still re-emphasise that Onasanya does NOT even have any degree let alone one that is worthy. e aged
22year old can have a good career in Banking,anyone!
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by omonnakoda: 8:33pm On Feb 02, 2015
DonDiego:
Nice try, bro. But you persuaded no one. Despite your long post you invariably agreed, despite originally unintending to do so, with me that a sound degree is compulsory requirement for anyone with dreams of executive management in the banking profession. And to further rain on your brave parade, lemme still re-emphasise that Onasanya does NOT even have any degree let alone one that is worthy. e aged
22year old can have a good career in Banking,anyone!

do not agree with you actually I just disagreed with your opinion.Nothing personal. No need for all that "rain on your parade" language.At some point one gets too old for that.I see it one. way you see it another. Disagreements are NOT PERSONAL ATTACKS requiring retribution.

I just don't agree with you THAT's ALL

I have no view on Onasanya. I just responded to your opinion which was NOT about getting a job but about the OUTCOME i.e DISASTER. That is what I disagree with . The difference in outcome as predicted by degrees
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by DonDiego(m): 8:38pm On Feb 02, 2015
omonnakoda:


do not agree with you actually I just disagreed with your opinion.Nothing personal. No need for all that "rain on your parade" language.At some point one gets too old for that.I see it one. way you see it another. Disagreements are NOT PERSONAL ATTACKS requiring retribution.

I just don't agree with you THAT's ALL

And pray, what is personal about a simple metaphor, a mere figure of speech in a little debate? Nigerians sha. I don't expect everyone to agree with me. But keep it within the boundaries of the issue abeg. I have myself tried to do so myself.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by omonnakoda: 8:43pm On Feb 02, 2015
DonDiego:


And pray, what is personal about a simple metaphor, a mere figure of speech in a little debate? Nigerians sha. I don't expect everyone to agree with me. But keep it within the boundaries of the issue abeg. I have myself tried to do so myself.
My point is ssimple Not having a specific kind of degree or training in specific places is not necessarily a recipe for disaster. In many cases people with such degrees have actually caused disaster.Quite the opposite to your hypothesis. That is what I disagree with. That is my view. I have no PARADE aand if I did you could not rain on it. Certainly you would not address me that way if we were debating face to face. I too would not address you that way.Not everyone here is an adolescent
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by DonDiego(m): 8:53pm On Feb 02, 2015
omonnakoda:
My point is ssimple Not having a specific kind of degree or training in specific places is not necessarily a recipe for disaster. In many cases people with such degrees have actually caused disaster.Quite the opposite to your hypothesis. That is what I disagree with. That is my view. I have no PARADE aand if I did you could not rain on it. Certainly you would not address me that way if we were debating face to face. I too would not address you that way.Not everyone here is an adolescent

Your point is noted. But you just committed the same error that you are insinuating against me by imagining me to be an adolescent. Presumption can sometimes be an unforgiveable display of disrespect.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by omonnakoda: 8:57pm On Feb 02, 2015
DonDiego:


Your point is noted. But you just committed the same error that you are insinuating against me by imagining me to be an adolescent. Presumption can sometimes be an unforgiveable display of disrespect.
I do not assume you to be an adolescent and see no basis thus far for that claim but I believe you addressed me as one. I have adolescent children so I do not accept that .The fact that we are on the internet does not mean we cannot be courteous. a
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by DonDiego(m): 9:04pm On Feb 02, 2015
omonnakoda:
I do not assume you to be an adolescent and see no basis thus far for that claim but I believe you addressed me as one. I have adolescent children so I do not accept that .The fact that we are on the internet does not mean we cannot be courteous. a

I addressed you as one?That's a serious allegation since I had no intention, no matter how remotely, to disrespect you or anyone here, gratuitously or retaliatorily. If it was my choice of words, then I apologise despite the fact I merely used the facetiously. Lesson learnt. Apparently, not everyone has my sense of humour. Last thing: I also have a teenage kid.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by ernieboy(m): 9:14pm On Feb 02, 2015
tit:
Soludo was in PDP for ten years!
What did he achieve?
nothing.
Instead he left Nigerians with a 16 trillion naira debt.
which was paid for by the AMCON sovereign wealth fund.
We seem to forget that it was this same soludo that saved our banking system from frequent collapse with the banking reconsolidation policy. Before then the combined assets of all our banks was not up to that of the 4th largest bank in south africa
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Nobody: 7:27am On Feb 03, 2015
It is obvious that Soludo was fed up, tired of keeping quiet when the nation's economy keeps deteriorating. President Goodluck Jonathan’s administration is fool of greedy, selfish and corrupt cabinet members such as madam Iweala (as Soludo did call her). Still thinking of how much development #30trillion could orchestrate. That's too much. It's even more than the budget of so many states in the country. Enough of all these. We just have to vote out this man and embrace a much fairer democracy.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by infohenry(m): 9:20am On Feb 03, 2015
Marvin67:
When two elephants fight the grass suffer. Please let's look at this from a neutral angle. While I agree that Fayemi's response was more professional and more matured, it is also important to note that Soludo simply spanked APC by saying it's plans were unrealistic, but at the same time he thrashed PDP by calling the government a failure and referring to the economic management team of madam is poor. That was an attack on madam.

Now to the issue, statistics are funny and I usually have problems with economists because they rely more on statistics than reality. I know for sure that Soludo is very wrong about his comment on Peter Obi. Anambrarians know that Peter Obi was not just a good governor but a very modest governor whose performance speaks out.

I also know that somehow Soludo gave us 25 banks out of which some were sick and eventually government had to spend money to bail out. I also recall that when madam Ngozi was insisting we save our excess crude money governor Amaechi and the governors forum vehemently kicked against it, and eventually we ended up sharing the money. I remember that under Soludo our inflation rate was around 13% but today it stands at a single digit of around 8%.

This is the same NOI that forbes rated as one of the most underatted achievers of 2015. This is the same Nigerian economy rated by the world bank and CNN as the third fastest growing for 2015. It would be wrong for Soludo to say madam was not part of his glory days as CBN governor. He has worked under two presidents while madam had worked under 3. I know madam's team would bring their reply and give us their own stats which would flaw Soludo's stats, again let's not forget that stats can be decieving.
Neutral indeed, one problem I have with this government is that they never take responsibilty always blaming somebody for their failure, if the state governors refuse to save with them the excess crude money, how much did the federal government saved from their own share or they didn't partake in the sharing? Soludo ask for a debate let them give him one simple.

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