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Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. - Politics (4) - Nairaland

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Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by Eluwilussit(m): 10:40pm On Feb 05, 2015
Whynotthetruth:



I will support that too well but given that Soludo has attacked her person more alongside the economy; I fear if she will honour him with such attention... Soludo just lost the little credibility he enjoys from folks like me by sounding so hypocritical, biased, selfish and unintelligent. Accepting international community verdicts/records were they favour him and disputing same when it favours NOI.

You are not alone. I am with you on this.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by Saucekide25(m): 10:41pm On Feb 05, 2015
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Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by ooshinibos: 10:43pm On Feb 05, 2015
Whynotthetruth:



There's significant difference in that sector bro...I enjoy light very well...but be sure that 40years of decadence cannot be turned overnight... or is there anything you think that they should have done differently in that sector?

Honestly , i have not seen the impact , having said that , the amount of Money allocated to these power generation project for the past six years have not generated much looking at the MW produced exponetially ,
if i was jonathan adviser , i will heavilyly subsidised portable generation of power via solar panels for family homes , and water windmills power generation...secondly i will looking into those evil people that sell generators that are pulling back the efforts of power generation because of personal interest .. thirdly i will recruit a world major power generation consortium to fix this thing once and for all . like the one dubai and uae govt used ...nigeria biz men are too complex to be involved in electricity generation because too much money is being made by those that sell diesel and generator ....if we will be going in circles
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by Nobody: 10:44pm On Feb 05, 2015
Whynotthetruth:



What do you know about economy?
...atleast I know that our naira is a mess; cost of living has skyrocketed. Though I did not finish primary school education- I am proud of what I have...

1 Like

Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by uchennamani(m): 11:00pm On Feb 05, 2015
Whynotthetruth:
BY OUR REPORTER ON FEBRUARY 4, 2015

Let’s be fair, Jonathan has done well on the economy
BY SAM OHUABUNWA

There can never be a perfect leader. Most leaders do well in certain respects and fail in other respects. Also, we may never all agree, even on one area the leader has done
well or has not done well. It all depends on the criteria for assessment. As example:
For some people, a political leader has not done well except he has given them an appointment, a contract or put money in their individual pockets. He can kill himself,
but as far as they have received no personal benefit he is no good.
For some others, a political leader can only do well if he is from their ethnic enclave or he is from their political party. Therefore, he can commit ‘hara-kiri’ and they will
commend him because of their narrow and myopic prism of assessment. Of course, such assessment can be very biased and injurious. Nevertheless, it is their own
criterion for assessment. And yet for the enlightened others, they use specific and objective criteria to assess leadership performance. There maybe some colorations
and nuances, but that’s because they are human. And that’s why I am not really surprised by the recent comments on the economy raised by Prof Chukwuma Soludo and a couple of other distinguished Nigerians. On this score, I endorse Oby Ezekwesili’s call for a debate. That, to me is the civilised way to conduct a discourse or argument with the objective of presenting the facts, the figures and insights, demolishing falsehood or establishing the truth. I do not subscribe to name
calling or demonising of professionals or fellow Nigerians just because our views do not agree.
Not all Nigerians are gullible. Many have brains that work, processing all the information they receive, agreeing, disagreeing and throwing the rest into the garbage. In my many years of Economic advocacy as a leader in the Manufacturer’s Association of Nigeria (MAN), the Nigeria Employers’ Consultative Association (NECA) and the Nigerian Economic Summit Group (NESG), I have been schooled by the professors, the practitioners and economic agents on what shows good economic management and bad economic management from the private sector perspective. It is from this standpoint that I want to justify my conviction that when it comes to the economy, Jonathan has done well, better than many.

Economic growth

In the years that Jonathan has been president, our economy has grown between six and seven per cent per annum. This is one of the highest growth rates in the world, bettered by China and a few other countries. This is the compounded growth rate that has driven us to become the largest economy in Africa and the 26th in the
world. If this is not a consequence of good economic management, please tell me what is. Even if it happened by ‘luck’, we must still give the credit to Jonathan’s
government. Because if the reverse was the case and the economy was in decline or in stagnation, as we had many years ago, we will still have blamed it on his poor
economic management. If a man can take the flack for failure, why must we deny him the right to take the credit for success?

Economic diversification

For ‘n’ years, where ‘n’ is not less than 30 years, we had complained that we had a mono economy, where oil was everything. But we were “shocked” to see that we
now have a fairly diversified economy, led by services at 52 per cent, where oil’s contribution to GDP has declined to 14 per cent from over 33 per cent in the hey days! And that even agriculture had declined from its dominant 42 percent to 22 percent because of growth in manufacturing, which has climbed from less than fur per
cent to about seven per cent and such services as telecommunications and entertainment taking up measurable positions on the GDP grid at 8.69 per cent and 1.42 per cent respectively. It is not yet déjavu as we still depended on crude oil and gas for about 70 per cent of national income until the recent crash of oil prices,
which has now moved our non-oil revenue to about 47 per cent of the 2015 budget proposals, bringing oil revenue to a healthier 53 per cent. If all this are not as a
result of sound economic policies, some of which were started by the previous governments, then tell me what is.

Macro-economic stability

For the last four years, Jonathan’s government has sustained economic policies that had created a stable macroeconomic environment. For the first time in ‘n’ years, our inflation rate dropped to single digit. This was a feat previous governments dreamt about but could never attain .Until very recently, the exchange rate remained very stable, operating within a narrow band. This made naira almost convertible and allowed Industrialists and importers plan inventory commitments with greater ease
and less apprehension. Even the interest rates had been trending down and for once in a long time, Farmers and some industrialists were able to obtain credit at single
digit interest rate or very low double digits.
This has happened, because Jonathan gave free hand to the professionals in the Central Bank of Nigeria (CBN) and those in the ministries of finance, trade and industry, national planning, etc to run with minimum interference. Additionally, he involved the private sector in the economic management team where they used real
market experience to balance academic economic theories. If this is not good economic management, please tell me what is. Some presidents in some countries have been voted out of office because they could not manage inflation!

Availability of food and other necessities of life

It is easy to take things for granted when they are going well, but when they go wrong, we come to realise that certain things are more important than others.
People can find time to make an issue of the reduction in our foreign reserves, because we have plenty of food in the market. To be sincere, Nigeria has had an
abundance of food. Thanks be to God and thanks to a revamped agricultural environment. I am personally surprised that after the recent devaluation of the
currency, and some adjustment in the Monetary Policy Rate (MPR), the prices of food items in the market remain fairly stable, keeping overall inflation much lower
than I had predicted, which indicates a higher proportion of locally produced food items. Does anybody remember 1984-1986, when we had to queue for food items
and other necessities, including soaps and detergents in Leventis Stores and other shops? The days of essential commodities (essenco) and import licensing, when
many companies including mine, downsized or closed down because they could not bribe to get enough import licence.

I am sure Nigerians have taken for granted the availability of petrol and diesel. In the last couple of years, except for occasional hiccups caused by striking workers
(NUPENG & PENGASAN), we have had almost hassle-free availability of petrol and diesel in virtually every nook and cranny of the nation selling at controlled and
deregulated prices, depending on your distance from Abuja or Lagos. What is more, the price of diesel began to come down, helping to reduce cost of production for
industrialists. I have lived in this country for long, and from the military to now, we have never had a better supply situation. Many times in the past, we have spent
valuable time running around looking for fuel and sometimes ending up with adulterated or foul fuel. I stand to be corrected. If all these have not happened
because of good economic management, then tell me what is.

Reducing unemployment

The growing unemployment in Nigeria hit the peak in 2010 following the global economic crisis, which caused a shrinking of the global economy. In 2011, unemployment rate in the general population was nearly 24 per cent with youth unemployment reaching nearly 50 per cent. But as today overall unemployment has
declined to less than 20 per cent (Actually about 15 per cent in the first half of 2014 according to National Bureau of Statistics) and youth unemployment has gone down
to less than 38 per cent. Though these changes may not look as dramatic as we would wish, they have occurred by two-pronged approach pursued by Jonathan –
supporting a revival of the agricultural, industrial, entertainment, and several other
sectors of the economy to provide opportunities for absorbing the youth from the private sector angle and the various efforts being made to create jobs in the public
sector, especially through the various safety net projects of the Subsidy Reinvestment and Empowerment Program (SURE-P). From the Community, Social Women and Youth Employment (CSWYE) Programme, over 180, 000 youth and women have been employed, over 10, 000 health workers (midwives, nurses and community health workers) have been employed, over 5, 000 youths have been trained through the Technical Vocational Educational Training in different skills and vocations and deployed to several industries, while 15, 000 have been employed by FERMA in road repairs and vegetation control, nearly 50, 000 hitherto unemployed graduates have been given jobs through the Graduate Internship Scheme (GIS) across the nation. The YOUWIN programme has enabled several young Nigerians (especially women) to receive grant from the Federal Ministry of Finance to set up new businesses through which they have employed other youths. The determined implementation of the local content law in the oil and gas and else where in the economy has created more jobs and more wealth for Nigerians. If these efforts to create jobs directly and indirectly that have led to measurable improvement in the
unemployment rate over the last four years do not amount to good economic management, then tell me what is.

Pro-business policies/ programmes

Jonathan’s government has introduced several policies and programmes that are supportive of businesses, especially local production. The pro-agric policies and
programmes are well-advertised, making it possible for a new generation of agric entrepreneurs (nagropreneurs ) to obtain loans at nine per cent in addition to unprecedented support to agriculture with a focus on developing the agriculture value chain. I already referred to the higher level of local food production, which has
helped to moderate inflation.

There is a new industrial revolution policy, which is
focusing on supporting local industrial output. We have seen unprecedented expansion in the cement Industry, which is taking the country to the level of self-
sufficiency in cement production with possibility of exporting the excess in the near future. Have we soon forgotten the cement armada spectacle where our ports were clogged with cement import from all over the world?

Like it or not, the local auto industry is coming back to life with the new National Auto Policy, which seeks to discourage unbridled importation of all kinds of
automobiles from all over the world. Many of the world ‘auto companies have started to invest in local production plants.

This industrial revival and upgrade is happening in many industries, including mine –the pharmaceutical – where the Federal Government has supported a number of local
manufacturers to obtain the WHO GMP certification in the last one year, which hitherto had been practically impossible.

The Privatisation and the deregulation policy, which Jonathan has been ‘forcefully’ implementing, has virtually transferred electric power management to the private
sector. Though the level of expected improvement has not been attained, we have brought the 15-year story of unbundling NEPA to a closure, with reasonable
expectation that new investment will flow to truly sort out our electric power needs, especially if government finally sells the transmission infrastructure. I believe the
deregulation of the downstream petroleum sector will be completed soon and the multiplier effect on the economy will be unleashed. I could go on and on.

Some people who are reading this and who may have joined the bandwagon of those who say nothing is happening in the economy or that Jonathan is clueless,
may be angry at me and may think that I am campaigning. But these are facts,which are verifiable. Yes, these may not be the best possible but we must
acknowledge what is the correct situation. Jonathan may have questions to answer concerning security or other issues, but on the economy, my verdict is that he has
done well, though could do better. My Bible says: “Woe unto them that call evil good and good evil, …that put bitter for sweet and sweet for bitter .”.May God have mercy.

For me, the fight against corruption will get strong fillip when we remove the power of discretion and patronage from these sectors through privatisation and deregulation . Since we deregulated telecommunications, corruption in that sector has died and been buried. That is more effective than sending 10 Managing Directors of
NITEL to Kirikiri. Not that I am opposed to punishing the guilty, I am saying that corruption in power is in ‘coma’ now and that in oil and gas will soon be gasping for
breath when we fully deregulate the sector. When we bury the ‘big’ corruption in these sectors by these policies that take the power of discretion from public
servants, we can easily deal with ‘smaller’ corruption in government bureaucracy and the private sector.

The level of policy inconsistency and flip-flops we used to see in the economy in the past has significantly declined, creating more confidence and attracting more investments into the country with Nigeria receiving the highest Foreign Direct Investment ( FDI) in Africa in the last two years or so despite slowing down in oil and Gas and the Security scare not withstanding .

I could go on and on. I have said nothing about the massive investment in rehabilitating major highways and rail lines in our country. Last December, I travelled to Kwale from Lagos in five and half hours and travelled by rail from Port Harcourt to Imo River. The last time I did that was in 1992. The trains are running again and the long delayed major road projects like the East -West Road, the Abuja-Lokoja, Benin-Shagamu, Onitsha-Enugu-PH, Kano-Maiduguri and the Lagos-Ibadan Expressway are all nearing completion with significant portions now open to traffic.

Have I said anything about the miracle of remodeling 18 Nigerian airports in one season, with most of them fully completed. The impact of good roads and other
modes of transportation to any economy are too obvious for any further elaboration.
Some people who are reading this and who may have joined the bandwagon of those who say nothing is happening in the economy or that Jonathan is clueless,
may be angry at me and may think that I am campaigning. But these are facts,which are verifiable. Yes, these may not be the best possible but we must
acknowledge what is the correct situation. Jonathan may have questions to answer concerning security or other issues, but on the economy, my verdict is that he has
done well, though could do better. My Bible says: “Woe unto them that call evil good and good evil, …that put bitter for sweet and sweet for bitter .”.May God have mercy.
• Mazi Ohuabunwa is former chairman of Nigeria Economic Summit Group.....

http://sunnewsonline.com/new/?p=103150
I don't think you know the meaning attached to the nouns 'economy' or 'economics'.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by Nobody: 11:00pm On Feb 05, 2015
Whynotthetruth:




And the excellent policies that yielded and are still yielding results like industrial revolution master plan, auto policy, agricultural revolution plan, local content initiative etc were because of oil boom money too

Yes.

Agric policy: Fine...but we are miles away from being a major agric producer. Recall they sang the same song about OBJ and his cassava strides. If we want to make agric big in Nigeria....we have to increase the number of large scale farmers. And we have to invest more in scientific farming too.

Auto policy: ok.(And I am a fan of Mr Innoson....he's the man!). But...most of the plants are still assembly in Nigeria parts....and they remind me uncomfortably of the 1970's...when...we had several automotive plants, and lots of cars (by 1980...Peugeot was producing 1000 cars a day) But once oil prices fell....it got difficult to sustain that production.By 1994...PAN was down to 30 peugeots a day....alll because fall in oil prices meant that it became too expensive to import CKD parts to assemble in Nigeria. And Ajaokuta is still not functioning. Most of those 70's plants were functioning.....on the promise that Ajaokuta would be ready by the early 80's. That did not happen. And it is still yet to happen. As at the last time I passed by Ajaokuta (May 2014) it was still not operating.

Now the oil prices are down. Let's see how we sustain the car manufacturing thing....without Ajaokuta working. Plus....how many technically trained people do we have? How many indigenous automotive engineers do we have.? Are our schools able to train people to meet the demands for jobs? And what about power?

Local content initiative: again means nothing...unless Ajaokuta is working....and unless we have power. As it is....we are not even producing enough power to meet daily demand of 12000mw.....Talkless of sustaining industrial development.How many companies can meet the demand for car parts, etc (I don't know...and neither do you)>

And why talk about initiative? I am old enough to recall talk about the National development plans, the Vision 2020...and so on. Enough talking....action.This PDP govt is like talkative in Pilgrim's Progress....talks about how they will do this and that.

In summary.....what this govt should have done since 2010....was to focus on Power, education, and railways.....and forget about everyting else. Don;t even talk about intiatives. And by now...we would have been in a position to sustain our industrial development. That is one mistake we in Nigeria keep making. We use our oil money for prestige projects. We do not spend it more on the vitals. And it is the vitals....like power, railways(proper railways...not them refurbishment they do), technical education, etc that keep us moving. So that we can have enough to keep foreign investors in the country long term....not so that we can do show show.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by datribune: 11:00pm On Feb 05, 2015
Whynotthetruth:



lolz...because they didn't say what you wanna hear? Did you join in the looting as to know more than them or how did you get your own data

Do you believe the one that rated Lagos an APC state as the most corrupt state in Nigeria


dis is d mistake dat most nigerians make. because it is frm TI, it must be correct no matter how wrong it is. Guy, Transparency international is a wholly corporate funded special interest lobbying group. While they may include professional, dedicated, & immensely sincere people, d sum of their effort is to advance d collective interests of d corporations dat populate d board of directors & fund dem. Bottom line - they ar prone to all sorts of influences. At times they issue misleading propaganda to support a pre-determined narrative. It is worthy of note dat Soludo accused Okonjo-Iweala of forging & manipulating national statistics. dis may or may not be relevant.
However it's nothing short of gullibity to believe a report frm whichever quarters dat seeks to turn logic on its head by saying dat corruption is in decline under dis govt whose guiding belief is dat stealing is not corruption. Think! smh.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by owoeyeyem(m): 11:07pm On Feb 05, 2015
I Want to Assume that All GEJ's Policies Have Crystalized into a Tangible Testimony ?
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by chidinwachukwu(m): 11:13pm On Feb 05, 2015
Whynotthetruth:
It becomes too unfortunate, when we lose our sense of sacredness. In our political pursuit or whatever interest we may want to pursue. There are some areas of our national life that demands some decorum and serious respect; which shouldn't be subjected to untrue or propagandist tendencies. In this aspect our economy stands out.

Why and how can respected intellectuals due to selfish interest subject our economy to ridicule by some posting untruths or half-truths or biased views about it? What an aberration!!!

Prof Charles Soludo displayed this myopic mindset in his article where he on one hand chided the GEJ led government for its inept management of our economy because they didn't save up or grow our savings. In same article, he was seen again ridiculing Former governor Peter Obi of Anambra State, savings when in his opinion such savings should have been channelled into "signature projects". What a hypocrite!!!

A lot of us look up to these great minds; let them respect that and minimize self-centred views as against truisms.
Some Nigerians like you like writing plenty assay without making any sense.Why don't you Disprove all those facts he wrote above with your own established Facts gotten from International regulatory Bodies,Instead of attacking his Person.its a Pity you still need a long time to argue maturely
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by ceeceeco: 11:15pm On Feb 05, 2015
Beware! Goodluck Jonathan has joined Nairaland.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by maureen546: 11:22pm On Feb 05, 2015
Congratulation gud head,Goodluck,Ebele Jonathan,God almighty just endorsed u to be d head while they shall be d tail forever.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by saintandsinnerz: 11:27pm On Feb 05, 2015
MRLINGTON:
Uhmmm to be fair..he did well in d agricultural sector nd dats all...Dat wat he uses in campaigning...let's talk of energy..Bart Nnaji resigned cos generator importers was on he's neck nd mr.president too tried to please dem because they contributed to he's success...now they are busily donating again nd they keep saying d power sector will gtow...hows it gon grow?? By importing more generators?? We're doomed!!! cheesy

Mr. Man if you don't have information about some issues it's better you shut up than misleading gullible people. Who told you Barth Nnaji resigned because of generator importers? For your information, he resigned when it was discovered that he has stake in one of the companies that won the bid to buy NEPA. So he resigned as a result of conflict of interest

2 Likes

Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by saintandsinnerz: 11:32pm On Feb 05, 2015
nairabetguru:





If I slap you angry

Though I know you didn't read this, but let us pretend that you read it, so is that all you can say - if i slap you? Empty head!
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by princejayboss: 11:34pm On Feb 05, 2015
MRLINGTON:
Uhmmm to be fair..he did well in d agricultural sector nd dats all...Dat wat he uses in campaigning...let's talk of energy..Bart Nnaji resigned cos generator importers was on he's neck nd mr.president too tried to please dem because they contributed to he's success...now they are busily donating again nd they keep saying d power sector will gtow...hows it gon grow?? By importing more generators?? We're doomed!!! cheesy

Stop misleading people please... His quit was caused by the same brothers of north.... I was present when this happened just because some northern high chief had interest in power sector bidding process that didnt go down well the line
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by saintandsinnerz: 11:34pm On Feb 05, 2015
tinacrl01:
DEVIL PUNISH ALL EBELE JONATHAN SUPPORTERS,.............

The way it has been punishing your family right?
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by hunter21(m): 11:49pm On Feb 05, 2015
eleko1:
undecided YES!Done well stealing our money,done well by being a CLUELESS man sad
Rants of a juvenile
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by uyplus(m): 11:50pm On Feb 05, 2015
Whynotthetruth:





Sorry

Stupidity. You couldn't disprove anything because of the level if bias you have inside of you. Get a life.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by watchindelta(m): 11:53pm On Feb 05, 2015
Yes Jonathan has tried in some sectors but on security ummmm corruoption ummmm undecided but some citizens hatred for that guy nah just personal grin grin
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by cjrane: 11:55pm On Feb 05, 2015
Even the worst critics of GEJ like me admit he has done very well with the economy. This is in spite of some northern politicians sponsoring a terror insurgency against him.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by hedonistic: 12:02am On Feb 06, 2015
The highly respected Mazi Sam Ohuabunwa is a man whose views I always take seriously. A man of high integrity, impeccable character, and an unblemished reputation. . No one can accuse him of bias or collecting bribes from Jonathan. His opinion is based on a purely subjective but fair assessment of Jonathan's administration, and I agree with him 100%.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by saintandsinnerz: 12:09am On Feb 06, 2015
datribune:



dis is d mistake dat most nigerians make. because it is frm TI, it must be correct no matter how wrong it is. Guy, Transparency international is a wholly corporate funded special interest lobbying group. While they may include professional, dedicated, & immensely sincere people, d sum of their effort is to advance d collective interests of d corporations dat populate d board of directors & fund dem. Bottom line - they ar prone to all sorts of influences. At times they issue misleading propaganda to support a pre-determined narrative. It is worthy of note dat Soludo accused Okonjo-Iweala of forging & manipulating national statistics. dis may or may not be relevant.
However it's nothing short of gullibity to believe a report frm whichever quarters dat seeks to turn logic on its head by saying dat corruption is in decline under dis govt whose guiding belief is dat stealing is not corruption. Think! smh.

Mr. Man if you can't produce data/statistics to counter what Transparency international said then you bettet shut up! I know you wouldn't have rubbished them if they had said that corruption has increased in nigeria. In fact you would have made reference to them to butress your point. Now their statistics didn't favour you and they have suddenly become unreliable. Please if you know u can't counter their statistics just shut up!
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by agabaI23(m): 12:14am On Feb 06, 2015
theV0ice:
Hmmmm......

Mazi Ohuabunwa is my man any day. A most illustrious and distinguished LM of the best frat in Nigerian universities so I know he's not writing because he was settled. It'll be nice however if the FG could oblige Oby Ezekwesili a debate like Ohuabunwa himself requested so that we Nigerians will get all the lies and half truths exposed.

Gej and GMB can't speak on the economy like these technocrats so NOI should oblige her colleagues (Soludo and Ezekwesili) the audience.
I think you should be above this bud. You mean that anyone who speaks for PDP must have been settled but those who speak for APC are not settled?

1 Like

Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by titi50: 12:52am On Feb 06, 2015
Good luck to you
Good luck to me
Good luck to every body
Good luck naija..
Economy that has produce four Nigerian banks to be among the 10 best banks in the world.
Economy that has produce the richest man in Africa and among the 25th in the world.
Economy that is growing rapidly to become the 3rd in the world by CNN 2019.
how many we go fit talk now..
carry go the man wai sebi..
#GEJ4NAIJA

1 Like

Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by obiak4(m): 12:57am On Feb 06, 2015
sometimes when I read comments from his apologist I ask my self questions.
where is the transformation? is it in Nigeria or congo?
has anybody been probe for stealing the Treasury blind?
the so-called agriculture success has it affected the common man on the street? abi this man de for his house dey see conjectured development's?
if you are reading my comment and you are employed please am not trying to be a prophet of doom but to tell you simple facts
our economy is very very very fragile we may see delayed salaries from some states for months after the election inrespective of APC or PDP victory
job layoff after the election reason naira devaluation at all time high @ 204-205 black market
a word they say is enough for the wise
for his apologetic time will tell my 10000000 cowries contribution since naira don crash lolz

1 Like

Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by datribune: 1:08am On Feb 06, 2015
saintandsinnerz:


Mr. Man if you can't produce data/statistics to counter what Transparency international said then you bettet shut up! I know you wouldn't have rubbished them if they had said that corruption has increased in nigeria. In fact you would have made reference to them to butress your point. Now their statistics didn't favour you and they have suddenly become unreliable. Please if you know u can't counter their statistics just shut up!


I'm not Iweala, d artful forger, who was cited by Soludo as a forger & manipulator of national data/statistics.
Talk sense to a fool and he calls you foolish. U can continue to throw tantrums & show ur ignorance on dis public forum if it makes u feel better. All I'm telling u frm knowledge is dat u should take many of d reports frm dis international NGOs wit a pinch of salt. I'm sure dat u ar among d gullible ones dat swallow hook, line & sinker d reports of groups like Human Rights Watch who allege human right abuses against our troops fighting boko haram. As i said earlier groups like TI, HRW etc ar used to arrive at a pre-determined narrative. d USA state dept even goes further by managing an array of extra-legal networks of NGOs & propaganda organizations like Movements.org dat recruit & train foreign protesters & support their efforts as they return home to incite unrest & regime change. In d developed world there hav been calls 4 Transparency International to stop their popular CPI as it's hard to see a justification 4 its continuing publication. I know what u don't know. Many of TI's reports ar deficient as they rely on opinions of a small group of experts & businesspeople. Guy, shine ur eyes
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by poseidon12: 1:09am On Feb 06, 2015
WisdomFlakes:
Let's be fair; Soludo has practically destroyed whatever is left of this administration's credibility with respect to its management of the economy in the last four years. GEJ's economic team needs to act fast lest he goes down in history as Nigeria's worst administrator.

Only a Nigerian living abroad and only reading opposition news media will think of GEJ's administration as the worst. As Mr. Ohuabunwa wrote, this administration has achieved a lot under difficult circumstances. The average Nigerian is hardly objective nor open minded. Though they improve with education.
If you disagree with the position of the article, please write a rebuttal.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by poseidon12: 1:42am On Feb 06, 2015
bushdoc9919:
All those achievements were made possible by one thing....the rise in oil prices during this time.

If oil prices had been below $50 per barrel for the last five years.....none of the ''great strides'' would have happened.


Of course you are right. They need money to make the progress. Don't you think so? With oil prices poised to even go lower, we are in for a rough ride going forward. If GEJ wins, he will need to fortify the economic management team. And they should stop bowing to pressure from selfish politicians. Okonjo Iweala wanted to save more of the excess crude money but the politicians frustrated that move. Some of those politicians are among the people chanting change. Who is fooling who?
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by poseidon12: 2:04am On Feb 06, 2015
cjrane:
Even the worst critics of GEJ like me admit he has done very well with the economy. This is in spite of some northern politicians sponsoring a terror insurgency against him.

And those unpatriotic elements who were sabotaging the country now want us to vote them in. People should open their eyes.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by Truckpusher(m): 2:11am On Feb 06, 2015
This successful industrialist has exposed Soludo for what he represents and who he is and also given him a run for his money and I can't wait to hear Soludo's reply.

For all those that have refused to see anything good in GEJ, we are fully aware of why your warped mind is already made up to insult and malign him in all manner even if he decides to spoonfeed you.But let me also remind you people that the man that cries can as well see what's is going on around him.
JONATHAN ,BRING DOWN THIS HOUSE OF DECEIT AND INJUSTICE IF THEY STOP YOU FROM BUILDING IT.

3 Likes

Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by AreaFada2: 3:20am On Feb 06, 2015
Whynotthetruth:



Aside putting the all blames at the door step of the presidency which doesn't border me much; as his double standard. Where in he blames GEJ for not saving and insults Peter Obi for saving...What hypocrisy from a supposed technocrat? What does he stand for? is it for or against the savings
.

While being frugal is good in government, a country like Nigeria with decayed or non-existent infrastructure clearly needed & needs investment, upgrade, improvement, whatever.

In criticising GEJ's money management/investment in capital projects, he should have focused on whether we got value for our money. With facts and analogies from all over the world. To condemn the investments in favour of saving is epic fail.

How can one condemn building new Fed universities when some Nigerians are paying huge tuition fees studying in Ghana, some of the schools housed in portakabins?
Or the airports that were falling apart? Or railway?

Failure to invest over 40 years is what prompted GEJ's spending.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by johncreek: 3:58am On Feb 06, 2015
Yes of course he has done well; that's why $1 = #210
Unemployments increasing.
Federal Reserves diminishing.
Re: Let's Be Fair; Jonathan Has Done Well On The Economy. By Sam Ohuabunwa. by eleko1: 4:44am On Feb 06, 2015
Hey!I dnt have time to xchage word/throw brick with a kid like U.Swerve to the left
hunter21:

Rants of a juvenile

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