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Nairaland Forum / Nairaland / General / Politics / Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 (2804 Views)
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Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Sunnybobo3(m): 9:56am On Feb 04, 2015 |
Fellow Nigerians, Buhari’s handlers keep on claiming the economy is collapsing under GEJ, and Buhari is the right man to rescue it. Fortunately for Nigeria and unfortunately for them, the economy isn’t collapsing. However, under Buhari’s 20 month administration, the economy did collapse. Here is an article from the Guardian of March 15th, 1985, a full 15 Months into Buhari’s disastrous regime. Titled ‘Employers complain of worst business situation’ it states inter alia: “Nigerian private employers said yesterday that their companies were experiencing the worst business situation in 50 years, as the Employment Minister… tried to assure them that the economy was picking up. Employers Compain about Buhari 1985 Compatriots, as can be seen from this article (and many others like it), Buhari was a man who mismanaged Nigeria’s economy like a drunken sailor manages his savings while on shore leave: out of existence. In 15 months, Buhari managed to bring unemployment to levels not seen since the 1930s, expecting him to create jobs now is like asking him to present his WAEC certificate, or debate GEJ, it just can’t happen. Truth is, while it’s not perfect, our economy is definitely healthy, growing and vibrant thanks to the capable stewardship of Goodluck Jonathan, handing it over to Buhari, is like asking a hungry dog to take care of your new born chickens because the hen is brown. I realize your vote belongs to you, and you can use it how you please, but for Nigeria’s sake, base your decision on historical facts about Buhari’s extremely poor ability and track record at managing the economy, and not lies that Buhari’s campaign spends its time selling to you. Thank you for reading, God bless you and God bless Nigeria! http://ad76.com/2015/02/04/by-1985-employers-complained-that-buhari-had-destroyed-the-economy-heres-what-they-said/ 4 Likes 1 Share |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Sunnybobo3(m): 10:01am On Feb 04, 2015 |
Here's the Newspaper cut out: http://ad76.com/wp-content/uploads/2015/02/EmployersM.png The Guardian of March 15th, 1985 5 Likes 2 Shares
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Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Sunnybobo3(m): 10:02am On Feb 04, 2015 |
Excerpt from the article; "Nigerian private employers said yesterday that their companies were experiencing the worst business situation in 50 years" 1 Like |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by tommysparks: 10:42am On Feb 04, 2015 |
Yet they say this GMB is the general with the magic wand. This will be our greatest undoing as a nation to vote this man into power even the few things GEJ have done will go up in smokes buhari was the one who stopped food subsidy in public universities. He has never been to a school hence does not know what students pass through. 2 Likes |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by anonimi: 11:02am On Feb 04, 2015 |
Sunnybobo3: Chai, nna men you try well well oh for dig up this hidden inside page with better tori on the pretending pensioner who has NOTHING to offer: - on security - on economy - on infrastructure - on education Abeg na wetin be im benefit sef ![]() 3 Likes 1 Share |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Bayswater: 12:32pm On Feb 04, 2015 |
You can't give what you don't have. Does Buhari think all of us in the south are Almajiris that can differentiate between left and right? Goodnews, Buhari is already stabilising the price of crude oil, a barrel of Brent now sells for $57. Pun intended 2 Likes 1 Share |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by anonimi: 2:41pm On Feb 04, 2015 |
Oga Seun & super mods, na this kind background check tori of the man begging to APPLY for our top job suppose dey for FP now, haba! Na this one be the issues nor be all dem effizy playing football, table tennis and ptoshopped belle ![]() ![]() 1 Like |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Nobody: 2:47pm On Feb 04, 2015 |
Op please READ this article. And see why Buhari took some patriotic Actions. Especially the emboldened... This will answer your question. GMB is a man of impeccable record! This article is from a reputable online library... I didn't edit anything. The Buhari Regime 1 Like |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Seun(m): 2:52pm On Feb 04, 2015 |
Why were some sections of the article censored? If the goal is to give us more knowledge of Gen Buhari, why not let us read the whole thing? |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Trailblazer1(m): 2:55pm On Feb 04, 2015 |
This Barcanista is not intelligent. Excerpts from his post. Dear Nairalanders, is this what you want? The Buhari government investigated and detained the top political leaders of the Second Republic, holding them responsible for economic excesses of the previous regime. Constraints were placed on various groups, including the Nigerian Medical Association, which was outlawed, and the National Association of Nigerian Students, and it promulgated two decrees that restricted freedom of the press and suppressed criticism of the government. Decree Number 4 forbade any journalist from reporting information considered embarrassing to any government official. Two journalists, Tunde Thompson and Nduka Irabor, were convicted under the decree. Decree Number 2 gave the chief of staff at Supreme Headquarters the power to detain for up to six months without trial anyone considered a security risk. Special military tribunals increasingly replaced law courts while the state security agency, the National Security Organisation, was given greater powers. As for me and my house, we have decided No going back to Egypt. 2 Likes 2 Shares |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Nobody: 2:59pm On Feb 04, 2015 |
Seun:God bless you Mr. Seun. I have responded to him by posting a reputable article from an e-library written in 1991. http://lcweb2.loc.gov/cgi-bin/query/r?frd/cstdy:@field(DOCID+ng0116) |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by WisdomFlakes: 3:00pm On Feb 04, 2015 |
Wow! I bet those conditions would pale in comparison to what GEJ and madam NOI have done to our commonwealth today. In this case one need not dig 30 years or more into history. We talking LIVE economic destruction on a catastrophic scale -- N30trillion naira worth! On top of that, GEJ and madam have further imposed AUSTERITY measures on the already pauperized populace who are the direct victims of their modern-day economic heist, certainly the WORST in Nigeria's history, if we are to believe Soludo. Better luck next time trying to sell us a dummy bro. Nigerians aren't fools. |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Trailblazer1(m): 3:07pm On Feb 04, 2015 |
Following barcanista: Imagine the climax of buhari's economic genius according to your post: The austerity measures made it difficult for local industries to procure essential imported raw materials, leading many of them to close or to operate at greatly reduced capacity. Many workers were laid off, and government itself retrenched many workers to increase its "cost effectiveness." All of these actions were accompanied by high inflation. The price of basic food items rose, and life became increasingly difficult, even for the affluent. God forbid you and buhari 4 Likes 3 Shares |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Nobody: 3:11pm On Feb 04, 2015 |
Trailblazer1:The high inflation was inherited from Shagari's administration. The writer was saying that Buhari had to deal with it. At the end, our inflation decreased from 23% in 1983 to 5% in 1985. This is economic prudence! 1 Like |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Nobody: 3:17pm On Feb 04, 2015 |
Seun: How can anyone argue with that? |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Trailblazer1(m): 3:22pm On Feb 04, 2015 |
barcanista: You're right, let's blame shagari. This news was published after 2years of overthrowing Shagari, yet you still deemed it fit to blame the poor shagari for Buhari's economic woes. Isn't 2years enough for a change? The austerity measures made it difficult for local industries to procure essential imported raw materials, leading many of them to close or to operate at greatly reduced capacity. Many workers were laid off, and government itself retrenched many workers to increase its "cost effectiveness." All of these actions were accompanied by high inflation. The price of basic food items rose, and life became increasingly difficult, even for the affluent. Things became difficult even for the affluent, how did the poor survive? 3 Likes 2 Shares |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Nobody: 3:25pm On Feb 04, 2015 |
30trillion naira is missing since Jonathan became president and all someone could tell me now is why there were job cuts in 1985. How is what happened in 1985 my business? |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Nobody: 3:26pm On Feb 04, 2015 |
Trailblazer1:You seem not to know the meaning of "Austerity". Well in layman's language, Austerity means adopting some mean economic measures to save an economy from total collapse. That mean measures usually come with temporal "hardship"which last between 6months-1year before the economy begins to bounce back when pursued holistically. Read the article again...Or maybe you should read about the austerity of Cyprus! |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by watchindelta(m): 3:30pm On Feb 04, 2015 |
i jst dey watch u ppl ![]() ![]() |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by WisdomFlakes: 3:31pm On Feb 04, 2015 |
Trailblazer1: You are a 419-er bent on bamboozling us, but you have failed! Why don't you respond to Seun's question regarding the blacked-out portions of the said article so that we can have full facts to make an informed judgment? And if you are harping on records, by TODAY'S records, GEJ has apparently been touting a fake and fraudulent 'transformation' and frittered/mismanaged N30 trillion naira, an accusation his finance minister is yet to come out and defend, and here you are trying to scam us? Try harder bro. |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Vicotex(m): 3:31pm On Feb 04, 2015 |
berem:if you no fit show proof of the missing 30tn, den comot 4 road make GEJ fresh air touch me 4 body 3 Likes |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Vicotex(m): 3:33pm On Feb 04, 2015 |
barcanista:if na buhari you come here to defend, you miss road be dat. Na so we go dey expose GMB each day till he go die 4 Likes |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by anonimi: 3:34pm On Feb 04, 2015 |
berem: What is our cumulative budgets for the five years since 2010. ![]() Not even up to half the amount you LIE, LIE people are throwing about in your desperation to avoid the one chance journey wey una daft & dumb old pensioner don enter. Now I see why El Rufai said the old soldier is perpetually unelectable ![]() www.nairaland.com/attachments/2091190_buhonechance_jpeg5f4353273e20f33c538c08b85531bf0d |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Nobody: 3:36pm On Feb 04, 2015 |
Vicotex:You only end up vindicating the General. |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by WisdomFlakes: 3:37pm On Feb 04, 2015 |
anonimi: Why can't the finance minister come out and defend herself in the face of Soludo's grave allegations regarding this administration's mismanagement of N30trillion naira? Or you be NOI P.A?? |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by WisdomFlakes: 3:41pm On Feb 04, 2015 |
Vicotex: You are asking for proof, yet you have the effrontery to present a doctored newspaper article with blacked-out portions as proof of your own position. Abeg, respect yourself. |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Vicotex(m): 3:41pm On Feb 04, 2015 |
barcanista:maybe in your dreams 1 Like |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Trailblazer1(m): 3:42pm On Feb 04, 2015 |
barcanista: Check the news paper publication again. It was published in 1985 while Buhari assumed power in 1983. Going by your skewed definition and time frame of austerity(6months-1year) buhari still failed by your yardstick. He ended up plunging Nigeria into the dark ages of poverty and hardship. A situation where things where difficult for the affluent, just imagine the condition of the poor. 4 Likes 1 Share |
Re: Business Situation Under Buhari, Worst In History - Employers; Guardian 1985 by Vicotex(m): 3:43pm On Feb 04, 2015 |
WisdomFlakes:you still cant provide an evidence 1 Like |
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