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Nairaland Forum / Nairaland / General / Politics / Economy Gone Out Of Buhari’s Control, Says Lai Mohammed (59076 Views)
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Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by hurricaneChris: 6:36pm On Mar 12, 2016 |
It was never on the same level with Buhari's mental capacity Mr Mohammed. We knew it, thats why now, people like us arent surprised. 8 Likes 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by udumosam23(m): 6:36pm On Mar 12, 2016 |
dmostcheerful: In addition to this; 1. Diversify the economy. 2. Encourage by subsidizing exportation. Especially of agricultural products. 3. Build refineries 4. Stabilize power 5. Reduce tax rate for foreign investors. 6. Curb terrorism. 7. Check religion. This may not be easily achieved within a short period of time, but any govt. that makes this its agenda/focus will put Nigeria in the right direction. 3 Likes |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by Paperwhite(m): 6:36pm On Mar 12, 2016 |
obailala:He foolishly promised to make 1#=1$.What was he thinking when making those campaign promises that he has outrightly denied? Nigeria deserve the leaders she got but don't follow blindly. 14 Likes 3 Shares |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by pabjo: 6:37pm On Mar 12, 2016 |
saudatu:during election everyone have party na after things do sawa (bitter) una go say ure neither this nor that. 8 Likes |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by ISpiksDaTroof: 6:37pm On Mar 12, 2016 |
You read most of these posts and you can't help but feel sorry for Nigerians. They mostly sound poorly educated, ignorant, hypocritical and devilish to the point of telling lies on Jesus to God. How else can one explain a people that defended corruption and thievery in Government, turning around to insult the person trying to fix the problems after severe damage has been done? Theres obviously a mental health issue of epidemic proportions in Nigeria and the Govt has to try to do something about it. 6 Likes 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by bid4rich(m): 6:38pm On Mar 12, 2016 |
But I thought they said they want to diversify the economy, why are they now rallying round the oil producing countries again? I thought by now the plan of diversification should have been in place for implementation. I beg make dem answer us we dey worry o. 2 Likes |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by vislabraye(m): 6:39pm On Mar 12, 2016 |
Global economic meltdown ? . Wgy dis guy dey lie ? 1 Like |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by SleekMallam: 6:39pm On Mar 12, 2016 |
EasternActivist:The suffering is REAL brother. Buhari lack of empathy for the suffering masses is pure evil. 6 Likes 2 Shares |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by noblegrex: 6:39pm On Mar 12, 2016 |
Achuwa1:I guess you'll do better when you take over. |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by wilcox(m): 6:40pm On Mar 12, 2016 |
Thank you for saying your first truth of the century, congratulations for archiving this. Mr. Lie Mohammed 3 Likes 2 Shares |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by porka: 6:40pm On Mar 12, 2016 |
It's time for Buhari to resign. 2 Likes 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by 8kingz(m): 6:40pm On Mar 12, 2016 |
Achuwa1:He needs ur fathers signature noni 1 Like 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by anonimi: 6:40pm On Mar 12, 2016 |
Specialist900: Indeed no debate. How can they tell us out of control when just one year ago they told us this www.nairaland.com/attachments/2236329_fbimg1426964019374_jpegf0426a8233bbbeb8b2d08838e693f36e www.nairaland.com/attachments/2186280_buhari2blaugh1_jpegc35d9ea4e30142f9302718e17f58f220 14 Likes 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by tete7000(m): 6:41pm On Mar 12, 2016 |
How can his travels stabilise oil price? Na wa for this one-chance government. 3 Likes 2 Shares |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by SleekMallam: 6:41pm On Mar 12, 2016 |
Paperwhite:He also promised to stabilize world oil price. 3 Likes 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by mandax: 6:42pm On Mar 12, 2016 |
Buhari trips abroad yield No foreign investment so far. Buhari trips to abroad didn't increase your costs of crude oil. But who taught Buhari that it's foreign investment and high cost of crude oil that are all that's required to grow? Fulani can't stop thinking of crude oil, instead of cattle which should have earned it more income than oil proceeds. 3 Likes 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by phanshark(m): 6:43pm On Mar 12, 2016 |
Nicur:if this is true, lai is out of control & out of job 1 Like 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by winterfell007(m): 6:43pm On Mar 12, 2016 |
atleast he came out clean on the true state of the economy, not trying to twist facts and become economical with the truth. the solution lies in restructuring Nigeria, just like Sanusi said. we are operating an expensive, over-bloated system of government that does give room for progress. until we do that, we'll continue to be in a quagmire. 1 Like 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by Iyoma2(f): 6:43pm On Mar 12, 2016 |
Yeye people under GeJ kwarrapt regime there was light, Naira wad 150 to a dollar. kerosine,, fuel berekete. foodstuff cheap for market. una carry badluck come put Nigeria masses for suffer. na by force to rule? 12 Likes 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by optionB: 6:44pm On Mar 12, 2016 |
for once lie muhamed said d truth, change is realoo |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by obailala(m): 6:44pm On Mar 12, 2016 |
erico2k2:Effort can be made to stabilise or prop up global oil prices and concerted efforts are currently being made in that regard. So yeah, any person with a brain knows there is nothing wrong with the brain of a person who intends to make moves to stabilise oil prices. 1 Like 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by tete7000(m): 6:44pm On Mar 12, 2016 |
anonimi: Omo you bad o! 4 Likes 2 Shares |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by EasternActivist: 6:44pm On Mar 12, 2016 |
SleekMallam: I don't blame him for anything... I only blame Jonathan for loosing. And PDP for not fielding a better candidate that can suffice him per say. 1 Like |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by MORNDEW(m): 6:47pm On Mar 12, 2016 |
dmostcheerful:Slash reps pay? Some of you need schooling on how Government works. |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by obailala(m): 6:47pm On Mar 12, 2016 |
Paperwhite:It was you and your ilk who believed such electioneering rumour and held on to it as fact that deserve some examination. 1 Like |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by hollywater: 6:48pm On Mar 12, 2016 |
Where is that fat APC pig?Come and watch dance of shame from your government. |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by chibuoyimm(f): 6:50pm On Mar 12, 2016 |
9 Likes 2 Shares
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Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by kachi105(m): 6:50pm On Mar 12, 2016 |
Hv said it thousand tyms dis ppl are all thesame nigerian youth should rise now n stop dis rogues dat has been ruling sinces 70s if we truly want a greater NATION. #GODBLESSNIGERIA. 3 Likes 2 Shares |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by hallelluyah(m): 6:51pm On Mar 12, 2016 |
Achuwa1:So funny! 1 Like |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by grandstar(m): 6:53pm On Mar 12, 2016 |
As terrifying as the crash seems to be, the response as been much worse. The forex restrictions simply made matters worse. First Nigeria's problems are not as bad as they are made to seem. The debt burden was only 12% of the economy and even with his expansionary budget, the deficit is only 3% of GDP. It simply shows that as dependent as the government is on oil income for revenue, it's fiscal position is still quite good. What government must do is to raise non oil revenues by 3% of the GDP over the next 4years. This should not be too hard as collected taxes is barely 4% of GDP. raising it to 8% should be possible. Unfortunately, the forex restrictions which stupidly leaves the naira rate overvalued thereby encouraging excess demand which can't be met and discourages the influx of dollars as no one wants to sell it at the official rate. If the government devalues to 240-250 range, this will probably raise another 500Bn for the FG from the oil revenues. Also, the restrictions as led to a crash in economic output nationwide robbing the government of hundreds of billions in revenue. The word out is that the ports are dry. Even tokunbo car imports that were once thriving has nosedived. 6 Likes 1 Share |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by HRich(m): 6:53pm On Mar 12, 2016 |
Re: Economy Gone Out Of Buhari’s Control, Says Lai Mohammed by tonio2wo: 6:54pm On Mar 12, 2016 |
HEGBELEGBE! e don be! 1 Like |
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