WombRaiders:


Investors started running away from our stock market since the goat was sworn in.

How come the stock market is currently down by 2.5 trillion today ( and falling) since the goat was sworn in?

Keep decieving yourself.

CSTR2:
They want another 16years of trial and failure for the APC just like the PDP was a collosal failure until jonathan came and brought a little bit of optimism.
And they insult biafrans for not wanting to share that same dark future with them.

Rawani:
These ripples should not come as a surprise considering the shaky and heavily dollarized economy inherited by this administration. It's quite significant that Emefiele's recent policies such as restrictions on forex transactions that facilitate money laundering, have been focused on protecting the Naira which lies at the heart of this issue.

The expulsion will be in October so it is anticipated that the new Minister of finance to be appointed within a couple of weeks, hits the ground running and institutes an appropriate fiscal policy to stem this tide.

PPAngel:


[size=18pt]Buhari set to cancel strategic Chinese direct investments in place of IMF and World Bank loans[/size]

The concluded WEF held in Abuja in May, 2014 saw China unveil a $42bn investment over the next 10yrs in the African continent with Nigeria expected to gulp the highest share of over $30bn in direct infrastructurale investment, energy sector and manufacturing.


With the emergence of the newly appointed Colonial Governor of the Royal Niger Company aka Nigeria, expect to see Buhari cancel outrightly all Chinnese direct investments in preference to western loans from the IMF, World Bank and Paris Club.

Off course, all the newly borrowed money will be diverted with nothing on ground to show for it but debt for the next 40years.

Change Change Change!

ibedun:
These Jonathanian daft idiats commenting nonsense!!!

This is good news!!!! Let the bloody imperialists shove their yeye index (weighing of only 1.8%!!!) up their backside.

Emefiele ride on with your solid economy and currency protection policies. This is no longer the 1960s and 1970 where we were fooled endlessly by the racist imperialist who take so much pleasure in our poverty and economic distress.

The purpose of this useless index is to remove Nigerian government's our ability to control our currency. So that we end up perpectual borrowers and remain enslaved to western interests. Why do we issue foreign currency bonds anyways? The World clerk bank (NOI) introduced this madness and what exactly have we benefitted besides fake prestige and semantics?

They offered the Russians the same advice but Russian introduced capital controls a early this year and the dangerous slide of the Rouble was halted and now the rouble is stronger (against the dollar) and the Russian economy expanding again despite all the sanctions.

THE WESTERN INSTITUTION (JP MORGAN) WANTS OUR CURRENCY (AND ECONOMIC WELL BEING) TO REMAIN VULNERABLE AND OUT OF OUR CONTROL.

LET THE SHOVE THEIR INDEX.

Look at this fool.

Buhari is the only president who got so much support from the west to te point of Obama lending him his campaign manager and change slogan.

Buhari was going to London every other month prior to elections seeking western support.

So who is the puppet stooge?

Fool

hinwazaka:
It's so funny, that while the CBN and the FG, believe that market liquidity is gaining, the actual truth is that every monetary policy by the CBN, since May 29, has actually decreased liquidity in the markets and the financial institutions, by failing to increase the amount of cash the banks and financial institutions are supposed to have, aside that they can borrow to the public, despite the fact that their policies have reduced the amount of cash at hand for the populace. This directive by JP Morgan, and many more to come, will finally send our economy over the edge, thereby leaving the CBN, with no choice than to accede to the President's wishes to turn the pattern of our economy from a capitalist system to a central controlled economy. This will invariably kill Nigeria.

biafranqueen:
STOP IT!!! You are part of the problem nothing like failed administration you people are not yet tired of destroying this economy with your propaganda lying liars you people are wicked!

udemzyudex:



You wrote that it was because of the missing money Sanusi talk about, from. $50billions to $10billion then $20billion that was why the investors started running away from Nigeria..

And now you're posting something else.... How many mouth you get?

WombRaiders:


You are yarning nonsense.

Under GEJ , Nigeria was diversifying her earnings from the dollar.

This was the reason that the US wanted him out.

After the Duara goat was sworn in the CBN reverted back to holding all our foriegn reserves in dollars.

This is what I have been stating here for months on why the US wanted GEJ out!

This is not the end but the Begining of the end.

Expect your goat to further devaluate the naira, reduce civil service and sell half of the country to Western banks and institutions.

Your useless Amir Sanusi has since been appointed as African President of Black Stone Group and that CIA linked $500bn monster is already making moves to nudge the Chinnese out of strategic investments.

lonzo:
Some can just worry unnecessarily

You have lived your life practically with No electricity did you die ?

You have lived your life with Practically No sound Education did you die ?

You have lived your whole lives with Potholes did you die ?

You have basically gone through had health care system did you die ?

Recession come, Depression come, Naira devaluation come .Biggest Economy in Africa come did it change your account balance ?

Please let's use the unusual road JR Morgan can hit the High road for all I care.

Some is saying here be ready for harsh times ( My brother we have been living in harsh times since time memorial)

I grew up hearing Nigeria is a developing country for 30+ yes a beg we never develop finish.

Let's watch and be sure this administration will give their best shot at it. Besides if you wail here Behar I no go hear am. So just release some stress and not kill yourselves

Nigeria will be strong again

Deacon

Rawani:


It's a shame that any points you tried to make were buried by your baseless conjectures, unwarranted invectives and futile attempt to absolve the corrupt and incompetent GEJ administration of blame despite propagating a mono-economy.

WombRaiders:


You are yarning nonsense.

Under GEJ , Nigeria was diversifying her earnings from the dollar.

This was the reason that the US wanted him out.

After the Duara goat was sworn in the CBN reverted back to holding all our foriegn reserves in dollars.

This is what I have been stating here for months on why the US wanted GEJ out!

This is not the end but the Begining of the end.

Expect your goat to further devaluate the naira, reduce civil service and sell half of the country to Western banks and institutions.

Your useless Amir Sanusi has since been appointed as African President of Black Stone Group and that CIA linked $500bn monster is already making moves to nudge the Chinnese out of strategic investments.

ibedun:


Sorry to say but you are an absolute dimgbat!! Why dont you go and do some thorough study before exposing your idiocy on this medium.

Sorry for the being rude you left me no option.

Demmocrats:
Nothing I mean nothing can bring us down




I can remember the time of abacha with all the sanctions but still we survived

Nothing can bring us down, we believe.

But things are changing, this is not 90s. If you lose what you've laboured so much to get, it may take you another rigourous process. Sometimes it becomes mission impossible. Prevention better



Who doesn't know about jp Morgan and chase from the 1900 there sole aim is to useless a nations economy and you end up in borrowing. Because of the new policies adopted they don't have access in ruining this country so now they want to give use a bad name.


Who cares, jp Morgan and chase are not the only financial organization in the world.


Sai buhari

WombRaiders:


Fool.

Name one power station commissioned by your useless boko govt.

Henry120:
Can any Nairaland contributor tell me what Buhari's economic policies are?


I can forgive illiterate Nigerians who voted for Buhari, but for educated Nigerians who jumped on a deceitful "change" bandwagon, and voted for a man who literally has no idea what governance is all about............ is very sad!


There is no policy direction whatsoever coming from the Daura Dul1ard, he's looking more and more confused with each passing day.


All the economic gains achieved under the administration of GEJ all virtually eroded over-night, by this vindictive fool for a President.

udemzyudex:
see the way you dey reason?

Na like this you be 16yrs ago?


So you wan give APC 16yrs too to do their own trial and error too abi?



Anyway maybe na for your own country and not this one..

WombRaiders:


Zombie do you understand what we are discussing here ?

ibedun:
These Jonathanian daft idiats commenting nonsense!!!

This is good news!!!! Let the bloody imperialists shove their yeye index (weighing of only 1.8%!!!) up their backside.

Emefiele ride on with your solid economy and currency protection policies. This is no longer the 1960s and 1970 where we were fooled endlessly by the racist imperialist who take so much pleasure in our poverty and economic distress.

The purpose of this useless index is to remove Nigerian government's our ability to control our currency. So that we end up perpectual borrowers and remain enslaved to western interests. Why do we issue foreign currency bonds anyways? The World clerk bank (NOI) introduced this madness and what exactly have we benefitted besides fake prestige and semantics?

They offered the Russians the same advice but Russian introduced capital controls a early this year and the dangerous slide of the Rouble was halted and now the rouble is stronger (against the dollar) and the Russian economy expanding again despite all the sanctions.

THE WESTERN INSTITUTION (JP MORGAN) WANTS OUR CURRENCY (AND ECONOMIC WELL BEING) TO REMAIN VULNERABLE AND OUT OF OUR CONTROL.

LET THE SHOVE THEIR INDEX.

ibedun:


I would be worried if a 3 months old government is commissioning such an expensive long term project without firstly evaluating the government's financial position and financial commitments.

You want the Buhari government to be like my old friend who got married without sorting out the finances to look after the wife?

johnsonjosbles:
thank you! I understand your stuuupid generation will never appreciate good things when you see one! If Buhari work on water, his acuser/you will say its because he can't swim. You r expecting hot cash looting govt! I'm hopiing for beter future for my children! In God who put buhari and kicked PHD munmun Jonathan out office WE TRUST! God bless NIGERIA.

citizenisb:
http://nairametrics.com/jp-morgan-index-list-of-possible-implications-when-nigeria-is-evetually-kicked-out/

Harsh times await this country as we have been kicked out of the Bond Index making it difficult to maintain government liquidity due to the capital controls by Emefiele and no Finance Minister to lay a solid fiscal policy. I fear about social unrest.

Pray for Nigeria.


http://mobile.reuters.com/article/idUSL5N11E3Y320150908

Demmocrats:
Nothing I mean nothing can bring us down




I can remember the time of abacha with all the sanctions but still we survived




Who doesn't know about jp Morgan and chase from the 1900 there sole aim is to useless a nations economy and you end up in borrowing. Because of the new policies adopted they don't have access in ruining this country so now they want to give use a bad name.


Who cares, jp Morgan and chase are not the only financial organization in the world.


Sai buhari

wiggle:
All Hail King Buhari