We were told how Nigeria is the 6th fastest growing economy in the world around Febuary this year.

https://www.nairaland.com/2166884/nigeria-6th-fastest-growing-economy

Nigeria was listed as the world 4th fastest growing economy in 2011

https://www.nairaland.com/698946/nigeria-listed-worlds-4th-fastest

By June this year the US released their own report

https://www.nairaland.com/698946/nigeria-listed-worlds-4th-fastest

My questions are, how"fast and growing"was our economy under Jonathan?Or was it a mirage and illusion?

What are the things to show for it?

How possible is that just under 4 MONTHS of a new adminstration,despite numerous blockage by the current adminstration,the"Fast and Growing Economy"is almost completely ruined?

Was there really a"growing economy"all these years?

Just check his record in 1984 and you will know Buhari has always been an economy destroyer. We have to live with our choice, I hope people now know education and certificate matters when appointing somebody to fill a crucial position.

I just hope we would still have a country by 2019.

Bayswater:
Just check his record in 1984 and you will know Buhari has always been an economy destroyer. We have to live with our choice, I hope people now know education and certificate matters when appointing somebody for a crucial position.

I just hope we would still have a country by 2019.

If you can't answer how Buhari ruined the supposedly"growing economy"in 4 months then I suggest you keep quiet.

But you believe Buhari body odour improved power supply in four months
HYPOCRITE

themilanway:
We were told how Nigeria is the 6th fastest growing economy in the world around Febuary this year.
https://www.nairaland.com/2166884/nigeria-6th-fastest-growing-economy
Nigeria was listed as the world 4th fastest growing economy in 2011
https://www.nairaland.com/698946/nigeria-listed-worlds-4th-fastest
By June this year the US released their own report
https://www.nairaland.com/698946/nigeria-listed-worlds-4th-fastest
My questions are, how"fast and growing"was our economy under Jonathan?Or was it a mirage and illusion?
What are the things to show for it?
How possible is that just under 4 MONTHS of a new adminstration,despite numerous blockage by the current adminstration,the"Fast and Growing Economy"is almost completely ruined?
Was there really a"growing economy"all these years?

there was never a fast growing economy under jona e was all propaganda for the coming presidential elections then ...
Btw since when did america become nigerians mouth piece?


Are we not suppose to speak 4 ourselves

Ezenwammadu:
But you believe Buhari body odour improved power supply in four months
HYPOCRITE

You mean the power non of you agreed to have actually improved?Or your excuse of the rainy season been responsible for the improved power?

Which of the power are you talking about?

tucky200:
there was never a fast growing economy under jona e was all propaganda for the coming presidential elections then ...
Btw since when did america become nigerians mouth piece?


Are we not suppose to speak 4 ourselves

Why must Jonathan fans play politics with every thing?Why are they against the progress of this nation?

Story from the Wailers camp.

www.nairaland.com/attachments/2739269_clvrh3ow8aawwho_jpegb9410a887cc29efdba8c24c0caffdad6

we had jobs, light full everywhere, money to throw around, fuel to dash our neighbors until 4months ago

mars123:
we had jobs, light full everywhere, money to throw around, fuel to dash our neighbors until 4months ago

haha. Abi

To be fair, PMB didn't ruin the economy. But he did help in weakening it with his supposed BODYLANGUAGE. The fact is no one is going to put his money in a market that is overtly controlled by the government, with an overburdening influence, but still at the same time is slow and inactive to the second by second changes that are part and parcel of market trading. Contrary to the lies being told by the media of PMB's popularity in the western world, the truth is that records speak for themselves, and this President has a terrible record. The business world which actually controls the political world, is in no way happy and pleased with this current government. In a year or two, we will feel the true displeasure of the economic world to this MESSIAH president. Business denotes being smart and knowing when to bend to others for a favourable outcome in the future.

themilanway:


If you can't answer how Buhari ruined the supposedly"growing economy"in 4 months then I suggest you keep quiet.

How do you not expect a decline when your kindergarten president completely dried up liquidity and made it almost impossible for investors to move money in and out of Nigeria? This singular act is responsible for the massive capital outflow we have witnessed over the last couple of months. Investors are taking their money out of our economy and there is no new inflow into to replace these. Now tell me, why will the economy not decline sharply?

Bayswater:


How do you not expect a decline when your kindergarten president completely dried up liquidity and made it almost impossible for investors to move money in and out of Nigeria? This singular act is responsible for the massive capital outflow we have witnessed over the last couple of months. Investors are taking their money out of our economy and there is no new inflow into to replace these. Now tell me, why will the economy not decline sharply?

I expected you to sight one or two instances on how this"liquidity"of yours was dried up.

Atleast paste a link or two,that way this discussion will be more broad and informative.

Bayswater:


How do you not expect a decline when your kindergarten president completely dried up liquidity and made it almost impossible for investors to move money in and out of Nigeria? This singular act is responsible for the massive capital outflow we have witnessed over the last couple of months. Investors are taking their money out of our economy and there is no new inflow into to replace these. Now tell me, why will the economy not decline sharply?

I expected you to cite one or two instances on how this"liquidity"of yours was dried up.

Atleast paste a link or two,that way this discussion will be more broad and informative.

themilanway:


You mean the power non of you agreed to have actually improved?Or your excuse of the rainy season been responsible for the improved power?

Which of the power are you talking about?

l am talking about the power you hypocrites are attributing to Buhari body odour

hinwazaka:
To be fair, PMB didn't ruin the economy. But he did help in weakening it with his supposed BODYLANGUAGE. The fact is no one is going to put his money in a market that is overtly controlled by the government, with an overburdening influence, but still at the same time is slow and inactive to the second by second changes that are part and parcel of market trading. Contrary to the lies being told by the media of PMB's popularity in the western world, the truth is that records speak for themselves, and this President has a terrible record. The business world which actually controls the political world, is in no way happy and pleased with this current government. In a year or two, we will feel the true displeasure of the economic world to this MESSIAH president. Business denotes being smart and knowing when to bend to others for a favourable outcome in the future.

You really think not appointing ministers is why the economy plummeted?I disagree.

The economy has been sick for years.

Ezenwammadu:
l am talking about the power you hypocrites are attributing to Buhari body odour

Its useless trying to have a reasonable discuss with you.

Thanks anyway.

themilanway:


Why must Jonathan fans play politics with every thing?Why are they against the progress of this nation?

no mind d fuuls jare

themilanway:


I expected you to cite one or two instances on how this"liquidity"of yours was dried up.

Atleast paste a link or two,that way this discussion will be more broad and informative.

I'm sure you are not dumb so stop pretending you are, I know you can use your head. The CBN placed restrictions on forex outflows, banks won't even help you. Do you now expect investors to bring money into the economy when it would be difficult to move it out? That will definitely reduce investors' level of confidence in staking their money on our markets, comprende?

Bayswater:


I'm sure you are not dumb so stop pretending you are, I know you can use your head. The CBN placed restrictions on forex outflows, banks won't even help you. Do you now expect investors to bring money into the economy when it would be difficult to move it out? That will definitely reduce investors' level of confidence in staking their money on our markets, comprende?

The CBN placed restriction on forex outflows just under 3 months a new government was ushered in.Is it an indicator that the out gone government's economy policies and plans were super duper and investors having been falling over themeslves just key into our"grown and fast"economy.

You guys needs to stop being hypocritals and economical with the truth.

Even if Nigeria was on a standstill for 4 months,the economy shouldn't have been this bad.

No wonder I was asked to endure another 4yrs under Jonathan.

Buhari is an ordained destroyer, blv it or not is ur choice

themilanway:


The CBN placed restriction on forex outflows just under 3 months a new government was ushered in.Is it an indicator that the out gone government's economy policies and plans were super duper and investors having been falling over themeslves just key into our"grown and fast"economy.

You guys needs to stop being hypocritals and economical with the truth.

Even if Nigeria was on a standstill for 4 months,the economy shouldn't have been this bad.

No wonder I was asked to endure another 4yrs under Jonathan.

If you are not being economical with the truth, the question you should have asked yourself is: Was the economy this bad 4 months ago?

themilanway:


You mean the power non of you agreed to have actually improved?Or your excuse of the rainy season been responsible for the improved power?

Which of the power are you talking about?

You are simply an hypocritical confused rettard.

Bayswater:


If you are not being economical with the truth, the question you should have asked yourself is: Was it this bad 4 months ago?

Are you kidding?Its been bad for years,despite the abracadabra NOI and the numerous proclamations of how Nigeria will be at par with China is 2050,there has been nothing to show for it.

This was immediately Jonathan was leaving office.

https://www.nairaland.com/698946/nigeria-listed-worlds-4th-fastest

Rad1cal:


You are simply an hypocritical confused rettard.

I guess I inherited it from your useless father

themilanway:



Are you kidding?Its been bad for years,despite the abracadabra NOI and the numerous proclamations of how Nigeria will be at par with China is 2050,there has been nothing to show for it.

This was immediately Jonathan was leaving office.

https://www.nairaland.com/698946/nigeria-listed-worlds-4th-fastest

Answer the question and stop being too clever: Was the economy this bad 4 months ago?

Bayswater:


Answer the question and stop being too clever: Was the economy this bad 4 months ago?

I answered"Its been bad in the last 4yrs or more".

themilanway:


I answered"Its been bad in the last 4yrs or more".

Stop being clever by half, it's funny you won't even answer the question so there's no point having this back and forth with you.

Nigeria's is indeed world fastest growing economy and even with its resources overran south African economy.

but an indecisive administration lead to market speculations.it is means that while the administration took a different approach of solving its economic problems by deliberately locking down its financial sector with a further undecided monetary policy that can be said to be officially from govt.foreign investors withdrew their funds.
a,so you had a drastic reduction of cash investment
b,you have falling revenue
c,world market are marking you red
d,you are posting reduction in your national sector

all basically administration does not have an economic team in place to manage its successes

e,the best you have now is that your debts are majorly in Naira thanks to the last administration.so impacts is minimimized

f,but can this naira sustain an indecisize economic policy is what we are all going to find out.

themilanway:


I guess I inherited it from your useless father

He probably f.ucked your LovePeddler mama silly while siring you.

Rad1cal:


He probably f.ucked your LovePeddler mama silly while siring you.

Telling me your destitute father met your mother as a W H O R E?

Your upbringing must have been pretty awfull