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Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control (31305 Views)

See What Lai Said When Yaradua Was Away For Treatment In 2009 / Still On The Lagos-Calabar Rail Line Controversy - Excerpt From Thisdaylive / Crude Oil Price Fell From $140 To $38 In 2008, Still Economy Was Stable: Okonjo (2) (3) (4)

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Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by yaki84: 5:10pm On Mar 13, 2016
Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.




na only u dey reason differently n comprehend articles more accurately as if u r always in the mind of these thieves.
abeg ur reasoning na alien to us, take am elsewhere.

2 Likes

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by jimmynauty: 5:11pm On Mar 13, 2016
Promantwo:
No matter how much you
wail, Buhari is Apc god, he's above mistake, he's the
best thing after jollof rice and the best president the
world has ever seen. You people have become so
blind to the new wave of progress and development
in the country. Since Buhari came into power, we
have been enjoying 92 hours of electricity everyday in my
area, fuel is now 45 naira per litre, prices of
goods have crashed by 50%, Boko Haram have been
technically defeated, the Chibok girls have been
found, unemployed graduates now collect 5000 naira
monthly, school children now take fried rice and chicken in
school and investors are now trooping in everyday, what
else do you people want?

wayo allah laffing and crying.... them never see this change.. IPOB and WAILERS them
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by blackpanda: 5:11pm On Mar 13, 2016
Gorodomu:

Seems ure d one with deficient intellect,why on earth will a govt. accept that anything is beyond its control?
If PMB cannot control d exchange rate why then is he pegging it?
D exchange rate is a fundamental part of d economy,govt. policies seek to stabilize,increase or decrease it depending on d motive.
If PMB's policy cannot control d exchange rate is it Iya Basira's policy dat will increase d value of d naira?
I supported PMB's campaign and even spent my personal money to ensure he wins,but lets call a spade a spade.

Na wa o. When they said you shld go to school, u refused. Have u been sleeping since or living under a cave
Nigerian govt is actively in control of the exchange rate. Thats why CBN keeps selling at 197 eventhough blackmarket is 312. Were u asleep when Buhari refused to devalue

And btw stop lieing about spending your funds for this govt, cos your comments shows your criticisms arent constructive in the slightest. You are just a regular wailer trying to disguise as a supporter!
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by beadaholic(f): 5:11pm On Mar 13, 2016
I shake my head for Nigerian youths. Really sad that comprehension ofthe English language is a problem.
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Palantir: 5:12pm On Mar 13, 2016
Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

True he was asked a question about the forex situation

The only way out is what the government is doing, which is strengthening the economy, diversifying it, plugging all the loopholes and making sure that only the essential things are imported. It will be extremely difficult, no doubt, but we are also in a state of emergency economically. You see, take for instance, your earnings reduced from N100 to N30 per month, something will have to give way…like relocating to a smaller house and I mean this is a reality.

The fact that the government is even still managing this situation, I give credit to the government, because the situation is completely beyond their control, and this is where people have been mischievous…

But in his response, he moved into an analysis of the economic situation. That was the situation he meant control had been lost. Who is being mischievous now? No matter how you try to spin this for the APC government, 2 facts have been made clear here. 1, the current government is completely clueless on how to turn this situation around. They are only reacting to events trying to keep head above water. 2, Lai Muhammed has no control of his utterances

7 Likes 2 Shares

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by jaymichael(m): 5:12pm On Mar 13, 2016
ShowYourCertificate:
And what makes you so confident that the SITUATION he meant was just that of the exchange rate? It seems you also inherited the lying gift from Lai the Lier.

Read the excerpt again. Lai mentioned the SITUATION that's affecting the free fall of the naira. He talked about balance of trade, export/import, fall in crude price. All these are the SITUATION leading to the free fall of the naira and the poor economy. And he said this is beyond the President's control. The SITUATION here is a totality of the forces affecting the economy not just an aspect of it as you claim.

So you see, you lied just like Lai. And you didn't even lie well. You should have said SITUATION meant fall in crude price rather than exchange rate. How can you say the exchange rate is beyond the control of the president? That means you're suggesting he's incompetent in boosting the value of the naira. Well, I agree with you on that.
Do you just want to appear plain ignorant or just plain sillly?
The question the minister was asked (if you didn't read it) was about the DISCIMFORTING FALL OF RHE NAIRA recently. To the above, the minister gave his answer. He started by giving the relationship between import and export and balance of trade as it affects the local currency. He explained further that our unfavorable balance of trade is largely responsible for the fall in naira value, occasioned largely by the fall in the price of crude oil world wide which in itself is a global phenomenom.
Drop in Global demand for oil relative to "over" supply, brings down the price of oil vice versa. Is this under the control of Nigeria's government? Sadly NO. Not only is the minister right, his statement was miscontructed.
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by NenweIstson: 5:13pm On Mar 13, 2016
Why are you obessed with IPOB
Obiodunukwe:
ThisDay is one of the IPOB newspaper

Deliberately twisting the words of the minister in other to provide opportunity for IPOB youths to wail their hearts out

Wail on!!

1 Like 1 Share

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by DeWorlex45(m): 5:13pm On Mar 13, 2016
Promantwo:
No matter how much you
wail, Buhari is Apc god, he's above mistake, he's the
best thing after jollof rice and the best president the
world has ever seen. You people have become so
blind to the new wave of progress and development
in the country. Since Buhari came into power, we
have been enjoying 92 hours of electricity everyday in my
area, fuel is now 45 naira per litre, prices of
goods have crashed by 50%, Boko Haram have been
technically defeated, the Chibok girls have been
found, unemployed graduates now collect 5000 naira
monthly, school children now take fried rice and chicken in
school and investors are now trooping in everyday, what
else do you people want?
Gbam!! bros u bad gaan ni o. Bt i stil wonda y i stil hav to queue for fuel @130 per litre dis aftunoon.

1 Like

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Easykul(m): 5:16pm On Mar 13, 2016
Elose11:
Minister of Information, Alhaji Lai Mohammed, has clarified that his comment on the economic situation being out of the control of President Muhammadu Buhari was misrepresented.

He was reacting to a story in THISDAYLIVE of this Saturday, March 12th 2016 entitled ”Economy Gone Out of Buhari’s Control, Says Lai Mohammed”.

This was contained in a statement by Mr. Segun Adeyemi, Mohammed’s Special Assistant (SA) on Information and Culture.

Although he described the report as a “complete misrepresentation of the comments” made by the minister, with Lai Mohammed denying making them, a playback of the recorded interview shows Mohammed said the situation was beyond the government’s control – considering the various forces at play.

“It is pertinent to state that at no time during the entire two-hour (radio) programme did the Honourable Minister say or suggest that the economy has gone out of the President’s control,” the SA’s statement said..."

However, the relevant portion of the statement from where our story derived is somewhat different. Below is the excerpt beginning with the question by the interviewer.



The programme was aired on FRCN’s Radio Link

http://www.thisdaylive.com/index.php/2016/03/12/lai-mohammed-clarifies-comment-on-economy-being-out-of-control/
....Hmmmm...Gbagaun
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by tk4rd: 5:16pm On Mar 13, 2016
Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.
Go back and read the text all over.. And while reading, pay good attention to the part that says:
"...It will be extremely difficult, no doubt, but we are also in a state of emergency economically. . You see, take for instance, your earnings reduced from N100 to N30 per month, something will have to give way… like relocating to a smaller house , and I mean this is a reality.
The fact that the government is even still managing this situation, I give credit to the government, because the situation is completely beyond their control , and this is where people have been mischievous…"

He was talking about the economy in general, not just oil price alone, or foreign exchange alone.

3 Likes 1 Share

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by OlujobaSamuel: 5:16pm On Mar 13, 2016
ndcide:


grin

You're gona do a lot of this. Did you at anytime use these words. "stealing is not corruption" ?

We all knew what GEJ said but it was twisted and used against him. Even Mohammed used it against him.

So, it comes around. The economy challenge is beyond buhari... Lai Mohammed
Gej statement ''What many Nigerians refer to as
corruption is actually stealing. Stealing is not the same
thing as corruption.''
that statement is in no way related to the subject at hand.
it's a statement on its own without reference to any other previous or subsequent comment.
The subject matter draws its conclusion from a previous comment.
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by DropShot: 5:17pm On Mar 13, 2016
Gorodomu:

Seems ure d one with deficient intellect,why on earth will a govt. accept that anything is beyond its control?
If PMB cannot control d exchange rate why then is he pegging it?
D exchange rate is a fundamental part of d economy,govt. policies seek to stabilize,increase or decrease it depending on d motive.
If PMB's policy cannot control d exchange rate is it Iya Basira's policy dat will increase d value of d naira?
I supported PMB's campaign and even spent my personal money to ensure he wins,but lets call a spade a spade.
You're not making sense if you think PMB could actually control parallel market exchange rate beyond his refusal to devalue the naira further in the face of diminished foreign earnings. Stop pretending to be smart!
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by mideactive: 5:19pm On Mar 13, 2016
They understand wat lai is saying perfectly well,Buhari is there problem.I don't knw y a citizen of a country enjoys every bad news dey hear about d govt.or country itself.no love 4 d contry @al,n it's very bad


Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Easykul(m): 5:19pm On Mar 13, 2016
Hmmmm...Gbagaun
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Misterdhee1(m): 5:19pm On Mar 13, 2016
All these newspapers are one of our biggest enemies as a Nation.. They take comforts in reporting fake headlines, just for publicity.. I pity the gullible ones
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by boujaye: 5:20pm On Mar 13, 2016
Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.
don't play a cheap one here. are you saying lai can't express himself properly and you are the only reader that got it right? I sorry for your cheap defence.

2 Likes 2 Shares

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Diablo666: 5:22pm On Mar 13, 2016
Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.
What do you expect..our media men and women studied MASS COMMUNICATION in the universities instead of journalism. Media personalities in nigeria are really crude
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by mideactive: 5:27pm On Mar 13, 2016
Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by waice6571: 5:28pm On Mar 13, 2016
Its useless and fraustrating defending this government.
The obvious truth is, even if the economy turn around for the best, they'll still have good excuse for ill performance.
Its not just about lai muhamed, but weak hands managing the affairs of this country.

3 Likes 1 Share

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Taeewo(m): 5:30pm On Mar 13, 2016
Ffg
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by ShowYourCertificate: 5:30pm On Mar 13, 2016
jaymichael:
Do you just want to appear plain ignorant or just plain sillly?
The question the minister was asked (if you didn't read it) was about the DISCIMFORTING FALL OF RHE NAIRA recently. To the above, the minister gave his answer. He started by giving the relationship between import and export and balance of trade as it affects the local currency. He explained further that our unfavorable balance of trade is largely responsible for the fall in naira value, occasioned largely by the fall in the price of crude oil world wide which in itself is a global phenomenom.
Drop in Global demand for oil relative to "over" supply, brings down the price of oil vice versa. Is this under the control of Nigeria's government? Sadly NO. Not only is the minister right, his statement was miscontructed.
So in effect, you are saying that the SITUATION as used by Lai meant the fall in crude oil price?

3 Likes 1 Share

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by kenesh(f): 5:30pm On Mar 13, 2016
Guys, take a breath, spend just 3minutes to read. It will do you good!
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by lawydewy(m): 5:37pm On Mar 13, 2016
Lack of 'filling the blank Questions' in schools lead to lack of comprehension of a sentence/paragraph/passage.


For long have note it! Alot of people behave as if they are 15years old.


#AmNot2015SocialMediaActivists!
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Austinio: 5:37pm On Mar 13, 2016
Edited by NTA.
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by EgheKenny(m): 5:38pm On Mar 13, 2016
Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

but we are also in a state of emergency economically. You see, take for instance, your earnings reduced from N100 to N30 per month, something will have to give way…like relocating to a smaller house and I mean this is a reality.

The fact that the government is even still managing this situation, I give credit to the government, because the situation is completely beyond their control, and this is where people have been mischievous…

My friend, Mr Lai was talking about the economy... stop reading out of context

1 Like 1 Share

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by bankylan: 5:40pm On Mar 13, 2016
Bevista:
TBH, I am now convinced beyond reasonable doubt that Nigeria's problems is beyond leadership, but a societal one. Are we just intellectually deficient or chronically prejudiced.
---
This was an interview where the Minister was specifically asked about the exchange rate situation. He tried to explain the factors that influence the rate making reference to oil price. He simply said the SITUATION (exchange rate) was beyond the president since he does not control oil price. He never said the ECONOMY was beyond the President’s control as misrepresented by the media.
---
How the media gets away with such mischief is beyond me. Worse still is the fact that 80% of readers do not even notice this distortion of facts. These are people that will later assume leadership positions. With such shallowness among citizens, the future is even more uncertain.

You are obviously not a student of logical and critical reasoning......This is the challenge I have with a semi educated person like u....You always display ignorance without reserve...

1 Like 1 Share

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Ahmeduana(m): 5:41pm On Mar 13, 2016
Sweetlemon:


This is one of the reasons why I'm all for this media bill. I don't read ANY news site at all and anything not reported on Channels News is not taken seriously.
FOR WHERE? LIFE IS TURN BY TURN, YOU GUYS USED THE MEDIUM TO DESTROY SOMEONE ELSE GOVERMENT SO IT SHALL BE USE AGAINST YOU, THIS FREEDOM WEY JONATHAN DASH US SO NOBODY CAN TAKE IT FROM US EXCEPT THE PERSON WANT HIS GOVERMENT TO BE BROUGHT DOWN.

3 Likes

Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by PrinceAfo911(m): 5:44pm On Mar 13, 2016
lai is a crazy lair
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by chinuz(m): 5:46pm On Mar 13, 2016
DeWorlex45:
Gbam!! bros u bad gaan ni o. Bt i stil wonda y i stil hav to queue for fuel @130 per litre dis aftunoon.
Its a wonderful use of irony..(92hrs of light a day)...
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by SycophanticGoat: 5:49pm On Mar 13, 2016
NenweIstson:
Why are you obessed with IPOB


He's just a bigot, nothing else.. Don't waste your time on him...
Re: Thisdaylive Provides Excerpt Of Tape Where Lai Said Economy Was Beyond Control by Nicepoker(m): 5:49pm On Mar 13, 2016
Obiodunukwe:
ThisDay is one of the IPOB newspaper

Deliberately twisting the words of the minister in other to provide opportunity for IPOB youths to wail their hearts out

Wail on!!
first class zombie

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