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Buhari’s Irritable ‘16 Years Of Waste’ Mantra - Politics - Nairaland

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Buhari’s Irritable ‘16 Years Of Waste’ Mantra by bolajijohnson00: 12:45pm On Apr 13, 2016
I am always depressed and very angry any time President Muhammadu Buhari blames the previous regimes for Nigeria’s existing economic woes and the deficiencies of his 11-month administration. Our president has spent the last 11 months telling us stories about how the country was badly managed in the past 16 years. The man who was voted to bring about ‘change’ has spent virtually the last 11 months blaming his predecessors while the country wallows in darkness, unending fuel queues, poverty, disease, hunger, unemployment and malnutrition. For me, this ‘waste’ mantra is a mere propaganda to cover up the failings of the government. Buhari was aware of the country’s economic situation before he promised ‘change’. Our president was at it again on Monday, telling a delegation that, “in the past 16 years, we made a lot of money without planning for the rainy day. We showed a lot of indiscipline in managing our economy, and that is why we are where we are today.” He spoke at a reception for a delegation of the International Civil Aviation Organisation (ICAO), led by its President, Dr. Bernard Aliyu, at the Presidential Villa, Abuja.

The truth be told without sentiment; the economy handed over to Buhari on May 29, 2015 was a fairly good one with consistent growth in Gross Domestic Product (GDP) and industrial capacity utilisation. Under Obasanjo, late Yar’Adua and Jonathan, industrialists and SMEs were running their businesses with little encumbrances. The Naira and supply of fuel were fairly stable. The forex policy was also friendly to industrialists. That was why industrial capacity went up in the last three years of the Jonathan administration. So, how well-managed has this country been in the last 11 months under wailing Buhari? Are there positive stories to tell in areas like the value of our currency, economy, electricity, fuel supply, manufacturing, job creation and so on? The truth is that in just under 11 months, this administration has squandered virtually all the gains of the last 16 years. I challenge the president to point to a single tangible achievement of his administration in critical sectors like security, education, health, road, economy, power, housing or fuel in the last 11 months. All we hear of is the war against corruption while the country depreciates. The last 11 months brought pain, blood and tears to Nigerians, with thousands of businesses and manufacturers gasping for breath. Thousands of Nigerians have lost their jobs in the last 11 months.

The Naira, our symbol of nationhood has never had it so bad. At a point, it was trading for as high as N400/$. This is the same Naira Buhari inherited at about N220/$. In this country’s 55 years of nationhood, the supply of petroleum products has never been this bad. In the last two months, Nigerians have been forced to turn fuel stations to second homes. Under Buhari’s watch, petrol is selling for as high as N400 per litre in government-approved fuel stations in some states. The corruption we are witnessing in fuel stations across the nation today is unprecedented in the history of this country. Which corruption is bigger than buying petrol in a government-approved fuel station for N400 per litre?
Now, let’s go to power. The Buhari administration inherited a daily power generation capacity of 5500mgw and could not sustain itwithin 11 months. It is now struggling to do about 1800mgw daily. As a result, this hapless nation is perpetually in darkness. The epileptic supply of electricity, coupled with the piercing fuel scarcity has crippled this nation’s generator-economy. Many small and medium scale enterprises have crumbled under the weight of this twin monster. Homes and schools are also crumbling.

The crippling forex policy of this administration has also led to the crisis in the manufacturing sector, with so many plants shutting. In the area of security, under Buhari’s watch, over 3000 have been killed by Boko Haram; the same Boko Haram that had been restricted to Sambisa forest on May 29, 2015. This is the same Boko Haram he promised to eliminate within two months. He eventually shifted it to December 2015 without result. So, what is our president talking about? Buhari has so far failed to sustain virtually everything he inherited from his predecessors, let alone improving on them.

Yes, this country did not get as much as it should from the previous regimes in the last 16 years. Yes, there was so much waste, ineptitude and corruption. However, it was not a complete failure as being chanted by Buhari. It was clearly not 16 years of waste. The undisputable facts are there. Industrial capacity utilisation rose to 49% between 2012 and 2014, as confirmed by the Manufacturers Association of Nigeria. Maybe Buhari has suddenly forgotten that during these 16 years under review, Nigeria’s economy became the biggest in Africa, pushing aside mighty South Africa. We surpassed South Africa and our economy is now the largest in Africa and the 26th largest in the world. Between 2011 and 2014, GDP growth hovered around 7%per annum, the highest in sub-Saharan Africa. According to a World Bank data, the Foreign Direct Investment in just the first six months of 2014 stood at $9.7 billion. Over $27 billion FDI flowed into Nigeria under five years of Jonathan; the largest in sub-Saharan Africa. The moribund automotive industry was revived during this ’16 years of waste’. Vehicles are currently being assembled in Nigeria after over 30 years comatose. Unfortunately, we have been losing all these gains in the last 11 months of the Buhari administration.

The GSM phone Buhari is holding is a product of these ‘16 years of waste’. The GSM companies created thousands of jobs, paid trillions of Naira in taxes and contributed significantly to our GDP. Under Goodluck Jonathan alone, 13 federal universities were established. This ensured that every state of the federation had at least one federal university.
In the area of politics, there were gains in the last 16 years with a stable democracy. Jonathan greatly deepened democracy in this country with consummate respect for free press, freedom of expression, human rights and virtually all democratic ethos. We must also note that Jonathan allowed a strong opposition party to emerge without ‘influencing’ INEC. That was why the then opposition All Progressives Congress emerged. Buhari benefited from this by emerging president last year.
In the health sector, the University College Hospital, UCH, Ibadan in 2013 successfully carried out the first open heart surgery in the hospital; the first-ever in its over 60 years’ history, thanks to the massive refurbishment/modernisation of federal health institutions across the country by Jonathan. The UCH, just like many federal health institutions benefited in terms of world-class equipment and the training/re-training of its manpower overseas. The hospital has since carried out more open heart surgeries.

The Aviation Master Plan and Road Map approved by Jonathan in January 2012 was passionately implemented. It was the first time that such a grand plan for the Nigerian Aviation Industry would be initiated and implemented ardently by any administration in this country. There are now two additional departure and arrival wings at the Murtala Mohammed international Airport which reduced queues during passenger processing. Some terminals in airports across the country were remodeled and upgraded. Regrettably, these projects have been stalled by this administration. Again, for the first time in the history of this nation, an international airport took off in the South-east. This is the Akanu Ibiam International Airport, Enugu, upgraded by the Jonathan administration.
Things changed on many federal roads across the country. There was a pleasant massive rehabilitation, reconstruction and expansion of major arterial highways by the Jonathan administration. This reduced travel time between most origins and destinations on these arterial routes. Take a drive on the new look Benin-Ore axis, and you will understand what I mean. The “Operation Safe Passage” launched by the Federal Ministry of Works in 2012 has led to the repair of the failed sections of many federal highways. This is visible on roads like Ilorin to Jebba, Lafia to Makurdi, Aliade to Oturkpo/9th Mile, Enugu to Port Harcourt, Kano to Katsina and Odukpani to Itu. The Abuja-Kaduna-Zaria-Kano Road is also looking good.

It is also not true that previous regimes did not save while making good money from crude oil. Under Jonathan and Obasanjo, this country saved for a rainy day. During Ngozi Okonjo-Iweala’s first time as finance minister, she established a stabilisation mechanism and opened an account for the oil surplus, which posted up to $22 billion. In 2008, when prices fell from $148 to $ 38 a barrel, Nigeria did not suffer because the country was able to tap into this fund. When she returned to the same ministry in 2011, the account had been depleted to $4 billion by our squandering governors. Many will still remember the Sovereign Wealth Fund (SWF) initiated by the Jonathan administration. Billions of USD were saved in this SWF, thanks to the impeccable economic management of Ngozi Okonjo-Iweala. Again, our squandering governors mounted pressure on Jonathan and depleted it. Even after that, $1 billion was still left in the SWF and was handed over to Buhari by Jonathan.

It is also not true that Buhari has not been making good money in the last 11 months. I have heard Buhari’s legion of sycophants arguing that he is failing because there is no money to execute his plans. They attribute this to falling crude oil prices. This is not true. It is mere propaganda. This administration has been making good money from non-oil sourc¬es, including revenues from solid minerals and taxes. Good money has also been coming in from the Nigeria Liquefied Natural Gas (NLNG). As a result, the three tiers of government in the last 10 months of the Buhari administration shared over N4.352 trillion from the Federation Account. The federal government alone got precisely N2.29 trillion as its share in 10 months – May 2015 to February 2016. Yes! N2.29 trillion. So what did our president do with this huge money?There is no single completed project in 11 months by the Buhari administration to justify this colossal amount. Contractors have abandoned virtually all federal projects across the nation.

Just as the Nigeria Labour Congress (NLC) said, the Buhari-led All Progressives Congress (APC) government has failed in several fronts in its promises to the people. In response to public outcry against the excruciating pain faced by Nigerians, the NLC is to declare a one-day nationwide strike. Also, human rights lawyer, Femi Falana, SAN, said: “Nigerians didn’t vote change for suffering. We didn’t vote change for agony; we didn’t vote change for tyranny. We fully endorse NLC resolutions for strike.” This planned action by the NLC is clearly a good step in the right direction. Nigerians need to send a concrete message to our president that he has failed and must wake up from his slumber.

Our dear president should stop his persistent excuses and get down to work. He must stop his globetrotting and spend quality time at home tackling the crisis this country is struggling with. This morning, I urge Buhari to reflect deeply about the recent statement of the Spiritual Father of the Holy Order of Cherubim and Seraphim Movement Church (CSMC) Worldwide, Most Reverend Samuel Abidoye. He said: “This administration will be a year in the saddle, yet, little has changed in the status of Nigerians, despite its posturing, its anti-corruption moves and general reform initiatives. Poverty has become a way of life for many Nigerians who could barely feed once in a day. This is not what they voted for. They voted for a better alternative. They want better lives for their children. They desire improved social condition for young graduates. They want to see infrastructure improved. Anger, frustration, fears and disappointment is building up among the people. The government needs to be concerned; very concerned.”

10 Likes 1 Share

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Luckylife(m): 12:54pm On Apr 13, 2016
May God bless us for saying the truth and touch the lives of those been deceived .

3 Likes

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by moyakz(m): 1:14pm On Apr 13, 2016
i love facts.GOD BLESS U,OP.

3 Likes

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Rolings: 1:18pm On Apr 13, 2016
Your analysis will not be complete until you tell us how much was realized by the government within this period and how much was spent on all you have highlighted. I assure you if you do that you will realize that all the achievements you listed will be only about 5% of what would have been achieved if the pdp curbed waste and corruption . So I'm essence Buhari is right to have called it 16 years of waste. Isn't it ironic that with all these FDI, growth rate and policies unemployment is still this high, poverty is still this high, corruption and waste is still this high, electricity is still not available and the most painful of all petrol I still not available. So having failed to address all these what then was achieved in 16 years
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by medpren: 1:56pm On Apr 13, 2016
If the dullard can not focus on solutions instead of telling us boring tales about the "16 years waste problem". He should resign asap.

6 Likes

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Sibrah: 2:19pm On Apr 13, 2016
Buhari is right. The 16 year of waste is our biggest problem today. To start with, compare us to other countries who depend on oil. Norway, Saudi Arabia, Kuwait, Emirate. These people invest in other sectors when there surge in price as well as saved huge amounts. Can you say the same of Jonathan and PDP's 16yrs?
What we experienced in 16 years of misrule was stealing, sharing, and wastage of our own earnings. First consider the trend of increasing salaries of worker not because they are productive but because they are saw easy money. If workers where paid for productivity increase it would av been a different ball game, the senate, hor, and National assembly all forced increase of their salary with the power vested on them. The Federal workers under Yar'adua too got increase not because there was improvement in public system but there was easy money that needed to be shared n not invested.
Secondly, is the issue of stealing. When I say stealing, i mean institutionalized stealing that's much more stronger than what Buhari went against in 1984. Just look at the allowances of our leaders at 36 state level, LGAs, Federal level and you compare their life-styles. Even executives of Banks and telcos who cover the 6 region of the country and its 36 states don't get these types of allowances to function productively yet our system is unproductive at all level.
The third is wastage. Just take a look at the many inflated projects under both APC and PDP controlled states. They waste funds projects that gives them a better looting margin than good profit returns. OPON IMO in Osun, IPPs and Solar street lights in Bayelsa, Delta. Rivers are a few of those kind of projects. Fashola's website and borehole too comes to mind here. Also the many Airport project like runways and Radars under ministers and state governors. Whereas our daily needs like Food, shelter, transportatio(Fuel and cars) were being imported thereby draining our economy of capital.
Buhari is right about 16 years of misrule. Even Russia a world power who had relaxed it system and became dependent on foreign consumables had to set a 7-years recovery plan for reposition of economy even though they had good reserves and savings.
To close, i remind you of the Fact jonathan borrowed at ~$60pb to help cope. So cut Buhari all the slack for even blocking leakages to the extent it has been blocked today.

1 Like

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by otil1: 2:31pm On Apr 13, 2016
When they say 16 years of waste, I believe they pray that ALL Nigerians become 16years old and unable to remember life prior to 1999.

Can APC prove to Nigerians that pre-1999 Nigeria is better than Nigeria at May 29th, 2015? Never!

Given, there have been lost opportunities that should have been tapped. No doubt about that.

But the key issue now is that given the rate of performance of APC-led administration, now is the time to talk about waste.

Or is it not clear to all and sundry that Nigeria has lost the first critical 1year of a new administration?

-Roads paved -zero
-Rails added -zero
-New Power generating capacity -zero
-Running existing power installation -negative
-Jobs -negative (job losses)
-Naira exchange rate - lowest ever
-Inflation rate - highest ever

Meanwhile, the 16 years they like to refer to are the 16 years that ushered in:

-GSM, an empowerment too in the hand of every Nigerian
-ATM, Nigerians now part of global financial system with Visa and Mastercard usable globally (until Buhari came to power)
-Bank consolidation (bye bye to failed bank syndrom)
-Bank recapitalisation, making our financial institutions acceptable all over the globe
-Credible elections (now a worsening indices)
-Self sufficiency in Cement
-Self sufficiency in Rice
-self sufficiency in Cassava
-Self sufficiency in Poultry; all thanks to food security programmes
-IPP that grew our power generating capcity to over 10,000MW. 1st ever.
-Paved road -35,000km by GEJ alone
-Min wage from below N4,000 to N18,000
-new rail projects
-new airport terminals
-New international airports (Enugu, Akwa Ibom)
-Numerous new domestic airports (Asaba,Ilorin,etc.)
-more
-and more

A beg, Nigeria moved forward last 16 years.

8 Likes

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by BeardedMeat(m): 2:54pm On Apr 13, 2016
otil1:
When they say 16 years of waste, I believe they pray that ALL Nigerians become 16years old and unable to remember life prior to 1999.

Can APC prove to Nigerians that pre-1999 Nigeria is better than Nigeria at May 29th, 2015? Never!

Given, there have been lost opportunities that should have been tapped. No doubt about that.

But the key issue now is that given the rate of performance of APC-led administration, now is the time to talk about waste.

Or is it not clear to all and sundry that Nigeria has lost the first critical 1year of a new administration?

-Roads paved -zero
-Rails added -zero
-New Power generating capacity -zero
-Running existing power installation -negative
-Jobs -negative (job losses)
-Naira exchange rate - lowest ever
-Inflation rate - highest ever

Meanwhile, the 16 years they like to refer to are the 16 years that ushered in:

-GSM, an empowerment too in the hand of every Nigerian
-ATM, Nigerians now part of global financial system with Visa and Mastercard usable globally (until Buhari came to power)
-Bank consolidation (bye bye to failed bank syndrom)
-Bank recapitalisation, making our financial institutions acceptable all over the globe
-Credible elections (now a worsening indices)
-Self sufficiency in Cement
-Self sufficiency in Rice
-self sufficiency in Cassava
-Self sufficiency in Poultry; all thanks to food security programmes
-IPP that grew our power generating capcity to over 10,000MW. 1st ever.
-Paved road -35,000km by GEJ alone
-Min wage from below N4,000 to N18,000
-new rail projects
-new airport terminals
-New international airports (Enugu, Akwa Ibom)
-Numerous new domestic airports (Asaba,Ilorin,etc.)
-more
-and more

A beg, Nigeria moved forward last 16 years.
you couldn't have said it better. But the bad workmen who have consistently quarelled with their tools will never understand this.

4 Likes

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Sibrah: 2:58pm On Apr 13, 2016
Stop peddling lies of 10,000MW that don't exist. If our total transmission capacity is less than 6000MW why didn't the Thieves you're defending upgrade it and show us you paper 10,000mx?
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Sibrah: 3:11pm On Apr 13, 2016
otil1:
When they say 16 years of waste, I believe they pray that ALL Nigerians become 16years old and unable to remember life prior to 1999.

Can APC prove to Nigerians that pre-1999 Nigeria is better than Nigeria at May 29th, 2015? Never!

Given, there have been lost opportunities that should have been tapped. No doubt about that.

But the key issue now is that given the rate of performance of APC-led administration, now is the time to talk about waste.

Or is it not clear to all and sundry that Nigeria has lost the first critical 1year of a new administration?

-Roads paved -zero
-Rails added -zero
-New Power generating capacity -zero
-Running existing power installation -negative
-Jobs -negative (job losses)
-Naira exchange rate - lowest ever
-Inflation rate - highest ever

Meanwhile, the 16 years they like to refer to are the 16 years that ushered in:

-GSM, an empowerment too in the hand of every Nigerian
-ATM, Nigerians now part of global financial system with Visa and Mastercard usable globally (until Buhari came to power)
-Bank consolidation (bye bye to failed bank syndrom)
-Bank recapitalisation, making our financial institutions acceptable all over the globe
-Credible elections (now a worsening indices)
-Self sufficiency in Cement
-Self sufficiency in Rice
-self sufficiency in Cassava
-Self sufficiency in Poultry; all thanks to food security programmes
-IPP that grew our power generating capcity to over 10,000MW. 1st ever.
-Paved road -35,000km by GEJ alone
-Min wage from below N4,000 to N18,000
-new rail projects
-new airport terminals

-New international airports (Enugu, Akwa Ibom)
-Numerous new domestic airports (Asaba,Ilorin,etc.)
-more
-and more

A beg, Nigeria moved forward last 16 years.
Stop lying bros . . .
We still import rice.
Also all what u listed even if they actually done wouldn't account for half the debt inherited from 16 yrs of misrule.
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by plaetton: 3:25pm On Apr 13, 2016
Rolings:
Your analysis will not be complete until you tell us how much was realized by the government within this period and how much was spent on all you have highlighted. I assure you if you do that you will realize that all the achievements you listed will be only about 5% of what would have been achieved if the pdp curbed waste and corruption . So I'm essence Buhari is right to have called it 16 years of waste. Isn't it ironic that with all these FDI, growth rate and policies unemployment is still this high, poverty is still this high, corruption and waste is still this high, electricity is still not available and the most painful of all petrol I still not available. So having failed to address all these what then was achieved in 16 years

I totally disagree with you.
And I challenge you or anyone worth his weight in FACTS, to a healthy debate on the issue of the so-called 16 years of waste and corruption as you put it.

Pls , I sincerely want to debate anyone about the last 16 years of leadership in Nigeria, especially comparable to what we are seeing right now.

Fact no.1.
Before you say that something was bad, corrupt, wasteful, there first has to exist a standard by which there can be a fair comparison.

Therefore, before YOU or anyone can boldly state that the last 16 years of leadership in Nigeria was bad, horrible, wasteful, corrupt, etc, there must have existed prior to that, a golden era by which we can compare and contrast the last 16 years of PDP reign in Nigeria.

So, sir,
Can you kindly look at Nigeria's historical map, and point out the golden era of Nigeria's political and economic life that GEJ and co came and messed up ?

Thanks in advance.

2 Likes

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by plaetton: 3:31pm On Apr 13, 2016
Sibrah:
Stop lying bros . . .
We still import rice.
Also all what u listed even if they actually done wouldn't account for half the debt inherited from 16 yrs of misrule.

Another lie trying to shame FACTS.

Kindly tell what is the DEBT inherited from your so called 16yrs of misrule?

After you have done that, then kindly tell us the total DEBT that PDP inherited in 1999.

Thank you in advance.
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by plaetton: 3:35pm On Apr 13, 2016
otil1:
When they say 16 years of waste, I believe they pray that ALL Nigerians become 16years old and unable to remember life prior to 1999.

Can APC prove to Nigerians that pre-1999 Nigeria is better than Nigeria at May 29th, 2015? Never!

Given, there have been lost opportunities that should have been tapped. No doubt about that.

But the key issue now is that given the rate of performance of APC-led administration, now is the time to talk about waste.

Or is it not clear to all and sundry that Nigeria has lost the first critical 1year of a new administration?

-Roads paved -zero
-Rails added -zero
-New Power generating capacity -zero
-Running existing power installation -negative
-Jobs -negative (job losses)
-Naira exchange rate - lowest ever
-Inflation rate - highest ever

Meanwhile, the 16 years they like to refer to are the 16 years that ushered in:

-GSM, an empowerment too in the hand of every Nigerian
-ATM, Nigerians now part of global financial system with Visa and Mastercard usable globally (until Buhari came to power)
-Bank consolidation (bye bye to failed bank syndrom)
-Bank recapitalisation, making our financial institutions acceptable all over the globe
-Credible elections (now a worsening indices)
-Self sufficiency in Cement
-Self sufficiency in Rice
-self sufficiency in Cassava
-Self sufficiency in Poultry; all thanks to food security programmes
-IPP that grew our power generating capcity to over 10,000MW. 1st ever.
-Paved road -35,000km by GEJ alone
-Min wage from below N4,000 to N18,000
-new rail projects
-new airport terminals
-New international airports (Enugu, Akwa Ibom)
-Numerous new domestic airports (Asaba,Ilorin,etc.)
-more
-and more

A beg, Nigeria moved forward last 16 years.

Don't mind the unthinking zombies.
Their minds have been tampered with, to the point that they are unable to look back at the last 16 yrs and the eras before that.

Like one of the last posters said, a workman that keeps quarrelling with his tools will never achieve any good works.

1 Like

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Rolings: 3:37pm On Apr 13, 2016
plaetton:


I totally disagree with you.
And I challenge you or anyone worth his weight in FACTS, to a healthy debate on the issue of the so-called 16 years of waste and corruption as you put it.

Pls , I sincerely want to debate anyone about the last 16 years of leadership in Nigeria, especially comparable to what we are seeing right now.

Fact no.1.
Before you say that something was bad, corrupt, wasteful, there first has to exist a standard by which there can be a fair comparison.

Therefore, before YOU or anyone can boldly state that the last 16 years of leadership in Nigeria was bad, horrible, wasteful, corrupt, etc, there must have existed prior to that, a golden era by which we can compare and contrast the last 16 years of PDP reign in Nigeria.

So, sir,
Can you kindly look at Nigeria's historical map, and point out the golden era of Nigeria's political and economic life that GEJ and co came and messed up ?

Thanks in advance.

I will reply you only when provide answer to my poser which is that you should avail us of the income that has accrued to the federal government in the last 16 years and compare with projects initiated and executed
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by plaetton: 3:42pm On Apr 13, 2016
Sibrah:
Buhari is right. The 16 year of waste is our biggest problem today. To start with, compare us to other countries who depend on oil. Norway, Saudi Arabia, Kuwait, Emirate. These people invest in other sectors when there surge in price as well as saved huge amounts. Can you say the same of Jonathan and PDP's 16yrs?
What we experienced in 16 years of misrule was stealing, sharing, and wastage of our own earnings. First consider the trend of increasing salaries of worker not because they are productive but because they are saw easy money. If workers where paid for productivity increase it would av been a different ball game, the senate, hor, and National assembly all forced increase of their salary with the power vested on them. The Federal workers under Yar'adua too got increase not because there was improvement in public system but there was easy money that needed to be shared n not invested.
Secondly, is the issue of stealing. When I say stealing, i mean institutionalized stealing that's much more stronger than what Buhari went against in 1984. Just look at the allowances of our leaders at 36 state level, LGAs, Federal level and you compare their life-styles. Even executives of Banks and telcos who cover the 6 region of the country and its 36 states don't get these types of allowances to function productively yet our system is unproductive at all level.
The third is wastage. Just take a look at the many inflated projects under both APC and PDP controlled states. They waste funds projects that gives them a better looting margin than good profit returns. OPON IMO in Osun, IPPs and Solar street lights in Bayelsa, Delta. Rivers are a few of those kind of projects. Fashola's website and borehole too comes to mind here. Also the many Airport project like runways and Radars under ministers and state governors. Whereas our daily needs like Food, shelter, transportatio(Fuel and cars) were being imported thereby draining our economy of capital.
Buhari is right about 16 years of misrule. Even Russia a world power who had relaxed it system and became dependent on foreign consumables had to set a 7-years recovery plan for reposition of economy even though they had good reserves and savings.
To close, i remind you of the Fact jonathan borrowed at ~$60pb to help cope. So cut Buhari all the slack for even blocking leakages to the extent it has been blocked today.

You are all over the place, not making any good logical arguments.

Are you blaming Jonathan for what he did in office or what he didn't do ?

Point out a flaw or flaws in GEJ's management of the economy.
The economy was well managed.

Sure , he could have done much better. But that applies to everyone, every world leader after they office.

1 Like

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by plaetton: 3:48pm On Apr 13, 2016
Rolings:


I will reply you only when provide answer to my poser which is that you should avail us of the income that has accrued to the federal government in the last 16 years and compare with projects initiated and executed
No sir.
It doesn't work that way.

You are the one making a proposition that PDP wasted or stole money out of income earned.

The onus is on you to show what was stolen or unaccounted for.

To the best of my knowledge, despite all the political propaganda and innuendos, no money has been declared missing by this so-called anti-corruption regime.

1 Like

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by enlightenedmind: 3:48pm On Apr 13, 2016
PDP was the worst thing that happened to this country. For those of you who did not read my post, I found evidence of how PDP knowingly allowed this economy to be drained at our expense for 16 years.

https://wikileaks.org/gifiles/docs/11/1159718_re-analysis-for-comment-nigeria-an-upcoming-presidential.html

Read this and tell me why i should vote PDP in my life again?
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by 2sexyus: 3:48pm On Apr 13, 2016
otil1:
When they say 16 years of waste, I believe they pray that ALL Nigerians become 16years old and unable to remember life prior to 1999.

Can APC prove to Nigerians that pre-1999 Nigeria is better than Nigeria at May 29th, 2015? Never!

Given, there have been lost opportunities that should have been tapped. No doubt about that.

But the key issue now is that given the rate of performance of APC-led administration, now is the time to talk about waste.

Or is it not clear to all and sundry that Nigeria has lost the first critical 1year of a new administration?

-Roads paved -zero
-Rails added -zero
-New Power generating capacity -zero
-Running existing power installation -negative
-Jobs -negative (job losses)
-Naira exchange rate - lowest ever
-Inflation rate - highest ever

Meanwhile, the 16 years they like to refer to are the 16 years that ushered in:

-GSM, an empowerment too in the hand of every Nigerian
-ATM, Nigerians now part of global financial system with Visa and Mastercard usable globally (until Buhari came to power)
-Bank consolidation (bye bye to failed bank syndrom)
-Bank recapitalisation, making our financial institutions acceptable all over the globe
-Credible elections (now a worsening indices)
-Self sufficiency in Cement
-Self sufficiency in Rice
-self sufficiency in Cassava
-Self sufficiency in Poultry; all thanks to food security programmes
-IPP that grew our power generating capcity to over 10,000MW. 1st ever.
-Paved road -35,000km by GEJ alone
-Min wage from below N4,000 to N18,000
-new rail projects
-new airport terminals
-New international airports (Enugu, Akwa Ibom)
-Numerous new domestic airports (Asaba,Ilorin,etc.)
-more
-and more

A beg, Nigeria moved forward last 16 years.
As much as I agree with you, by now we should at least be technologically grown to make some machines, tools, electronics right here in the country but power supply has been at a dismal low ebb ever since Nigeria was born and thus, stunting the growth of that sector. Science and technology is the way forward in this country but no government,whether past or present, is giving that a chance.
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by drss1(m): 3:55pm On Apr 13, 2016
Rolings:
Your analysis will not be complete until you tell us how much was realized by the government within this period and how much was spent on all you have highlighted. I assure you if you do that you will realize that all the achievements you listed will be only about 5% of what would have been achieved if the pdp curbed waste and corruption . So I'm essence Buhari is right to have called it 16 years of waste. Isn't it ironic that with all these FDI, growth rate and policies unemployment is still this high, poverty is still this high, corruption and waste is still this high, electricity is still not available and the most painful of all petrol I still not available. So having failed to address all these what then was achieved in 16 years
wetin dis one dey talk sef was buari voted to complain or to work
a man who's perpetually engaged in blame game is devoid of ideas. - wise man.

2 Likes

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Sibrah: 3:55pm On Apr 13, 2016
plaetton:


You are all over the place, not making any good logical arguments.

Are you blaming Jonathan for what he did in office or what he didn't do ?

Point out a flaw or flaws in GEJ's management of the economy.
The economy was well managed.

Sure , he could have done much better. But that applies to everyone, every world leader after they office.


GEJ supervised the above points u quoted when our income was highest in history and left highest debt in our history. Yes or No?
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Pidggin(f): 3:55pm On Apr 13, 2016
otil1:
When they say 16 years of waste, I believe they pray that ALL Nigerians become 16years old and unable to remember life prior to 1999.

Can APC prove to Nigerians that pre-1999 Nigeria is better than Nigeria at May 29th, 2015? Never!

Given, there have been lost opportunities that should have been tapped. No doubt about that.

But the key issue now is that given the rate of performance of APC-led administration, now is the time to talk about waste.

Or is it not clear to all and sundry that Nigeria has lost the first critical 1year of a new administration?

-Roads paved -zero
-Rails added -zero
-New Power generating capacity -zero
-Running existing power installation -negative
-Jobs -negative (job losses)
-Naira exchange rate - lowest ever
-Inflation rate - highest ever

Meanwhile, the 16 years they like to refer to are the 16 years that ushered in:

-GSM, an empowerment too in the hand of every Nigerian
-ATM, Nigerians now part of global financial system with Visa and Mastercard usable globally (until Buhari came to power)
-Bank consolidation (bye bye to failed bank syndrom)
-Bank recapitalisation, making our financial institutions acceptable all over the globe
-Credible elections (now a worsening indices)
-Self sufficiency in Cement
-Self sufficiency in Rice
-self sufficiency in Cassava
-Self sufficiency in Poultry; all thanks to food security programmes
-IPP that grew our power generating capcity to over 10,000MW. 1st ever.
-Paved road -35,000km by GEJ alone
-Min wage from below N4,000 to N18,000
-new rail projects
-new airport terminals
-New international airports (Enugu, Akwa Ibom)
-Numerous new domestic airports (Asaba,Ilorin,etc.)
-more
-and more

A beg, Nigeria moved forward last 16 years.

GBAM
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Okijajuju1(m): 3:58pm On Apr 13, 2016
otil1:
When they say 16 years of waste, I believe they pray that ALL Nigerians become 16years old and unable to remember life prior to 1999.

Can APC prove to Nigerians that pre-1999 Nigeria is better than Nigeria at May 29th, 2015? Never!

Given, there have been lost opportunities that should have been tapped. No doubt about that.

But the key issue now is that given the rate of performance of APC-led administration, now is the time to talk about waste.

Or is it not clear to all and sundry that Nigeria has lost the first critical 1year of a new administration?

-Roads paved -zero
-Rails added -zero
-New Power generating capacity -zero
-Running existing power installation -negative
-Jobs -negative (job losses)
-Naira exchange rate - lowest ever
-Inflation rate - highest ever

Meanwhile, the 16 years they like to refer to are the 16 years that ushered in:

-GSM, an empowerment too in the hand of every Nigerian
-ATM, Nigerians now part of global financial system with Visa and Mastercard usable globally (until Buhari came to power)
-Bank consolidation (bye bye to failed bank syndrom)
-Bank recapitalisation, making our financial institutions acceptable all over the globe
-Credible elections (now a worsening indices)
-Self sufficiency in Cement
-Self sufficiency in Rice
-self sufficiency in Cassava
-Self sufficiency in Poultry; all thanks to food security programmes
-IPP that grew our power generating capcity to over 10,000MW. 1st ever.
-Paved road -35,000km by GEJ alone
-Min wage from below N4,000 to N18,000
-new rail projects
-new airport terminals
-New international airports (Enugu, Akwa Ibom)
-Numerous new domestic airports (Asaba,Ilorin,etc.)
-more
-and more

A beg, Nigeria moved forward last 16 years.


Very nice..


Very blind comparison, but for the sake of wailing, i will like to congratulate you on making so much none sense in one post..
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Pidggin(f): 3:59pm On Apr 13, 2016
2sexyus:
As much as I agree with you, by now we should at least be technologically grown to make some machines, tools, electronics right here in the country but power supply has been at a dismal low ebb ever since Nigeria was born and thus, stunting the growth of that sector. Science and technology is the way forward in this country but no government,whether past or present, is giving that a chance.

Haven't you heard of Innoson and Omatek?
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by plaetton: 3:59pm On Apr 13, 2016
Sibrah:
GEJ supervised the above points u quoted when our income was highest in history and left highest debt in our history. Yes or No?

Wtf are you talking about?

How much debt did GEJ leave behind 2016?
I am asking for the second time.

How much did OBJ inherit in 1999?
I am also asking for the second time.

Pls stick with facts.

If you don't know these numbers, then kindly refrain from blowing that hot air.
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by 2sexyus: 4:02pm On Apr 13, 2016
Pidggin:


Haven't you heard of Innoson and Omatek?
With all due respect to Innoson, as an Igbo son myself, what he does is assembling parts please, thought better than non. Which Nigerian company manufacture engines? At least not when Ajaokuta steel complex is in comatose.
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Pidggin(f): 4:05pm On Apr 13, 2016
2sexyus:
With all due respect to Innoson, as an Igbo son myself, what he does is assembling parts please, thought better than non. Which Nigerian company manufacture engines? At least not when Ajaokuta steel complex is in comatose.

Ask Amaechi why he cancelled the University of technology in ND? which was a GEJ project, our evil politicians are to blame for this
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Pavarottii(m): 4:05pm On Apr 13, 2016
God bless u and ur generation OP! You will live long my brother.

God bless GEJ!

1 Like

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by enlightenedmind: 4:07pm On Apr 13, 2016
Sibrah:
Stop lying bros . . .
We still import rice.
Also all what u listed even if they actually done wouldn't account for half the debt inherited from 16 yrs of misrule.

We still Import yes, but the idea is to get it down to 0. And It is so dangerous for all Nigerians that there are people in this country who cannot be logical and put aside their hatred, paid political affiliations or religious divides and have a logical sensible discussion about a political failure of our govt. I would have supported you if you said all politicians are useless but the fact that you sit there and try to defend PDP, when there is damming evidence that PDP destroyed this country by allowing us to be exploited and saying there was no problem if the poor got poorer provided they got richer. They even said they won't allow any other political party take power because they need to keep looting.

READ
https://wikileaks.org/gifiles/docs/11/1159718_re-analysis-for-comment-nigeria-an-upcoming-presidential.html

From Obasanjo down to LGA chairmen, they are corrupt. Now we are here defending stupid politicains and creating political divides like senseless people.
Who ruled the PDP? OBJ Who rules the APC? OBJ +TINUBU

so spear me this blur of party divide. It is only a matter of what party hides the corruption the best. The game is the same, the players are same, the stakes are the same the Umbrella has simply changed.

Nigeria will begin to improve when our youths begin to have sense.

How many of you screaming PDP and APC here even know what a fiscal policy is?

How many of you know the effects and dynamics of Long-term and Short-term economic and social changes on economic demand and supply?

How many of you youths know the meaning of "Capital" and how it is formed?

Did you people know that 90% of the entire world's wealth belongs to only 1% of the entire world population?

If bill gates decides to stop working and do nothing and spend $1billion a year, it would take him 3 centuries (300 years) to run out of money.

Our politicians are said to be what keeps the American and Switz banks running. They take our money there hide it and come here and tell us they are fighting opposition bullshit.

If you do not know these things please do not feel you are competent enough to have a political or an economic perspective. Look at this OP defending importation. Obviously you do not know how to define "Economic Wealth" because if u did, you will never post what u just posted.

NIGERIANS PLEASE DO THE WORLD A FAVOUR AND EDUCATE URSELFS. STOP COMING HERE AND EMBARASSING THE COUNTRY. PEOPLE READ THIS FORUMS. THE ONLY REASON WHY THEY CAN EXPLOIT US IS BECAUSE WE DONT EVEN KNOW WHAT THEY DOING WRONG. AND THEY ARE DOING IT SO OPENLY.

2 Likes 2 Shares

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by enlightenedmind: 4:08pm On Apr 13, 2016
It is so dangerous for all Nigerians that there are people in this country who cannot be logical and put aside their hatred, paid political affiliations or religious divides and have a logical sensible discussion about a political failure of our govt. I would have supported you if you said all politicians are useless but the fact that you sit there and try to defend PDP, when there is damming evidence that PDP destroyed this country by allowing us to be exploited and saying there was no problem if the poor got poorer provided they got richer. They even said they won't allow any other political party take power because they need to keep looting.

READ
https://wikileaks.org/gifiles/docs/11/1159718_re-analysis-for-comment-nigeria-an-upcoming-presidential.html

From Obasanjo down to LGA chairmen, they are corrupt. Now we are here defending silly politicains and creating political divides like senseless people.
Who ruled the PDP? OBJ Who rules the APC? OBJ +TINUBU

so spear me this blur of party divide. It is only a matter of what party hides the corruption the best. The game is the same, the players are same, the stakes are the same the Umbrella has simply changed.

Nigeria will begin to improve when our youths begin to have sense.

How many of you screaming PDP and APC here even know what a fiscal policy is?

How many of you know the effects and dynamics of Long-term and Short-term economic and social changes on economic demand and supply?

How many of you youths know the meaning of "Capital" and how it is formed?

Did you people know that 90% of the entire world's wealth belongs to only 1% of the entire world population?

If bill gates decides to stop working and do nothing and spend $1billion a year, it would take him 3 centuries (300 years) to run out of money.

Our politicians are said to be what keeps the American and Switz banks running. They take our money there hide it and come here and tell us they are fighting opposition bullshit.

If you do not know these things please do not feel you are competent enough to have a political or an economic perspective. Look at this OP defending importation. Obviously you do not know how to define "Economic Wealth" because if u did, you will never post what u just posted.

NIGERIANS PLEASE DO THE WORLD A FAVOUR AND EDUCATE URSELFS. STOP COMING HERE AND EMBARASSING THE COUNTRY. PEOPLE READ THIS FORUMS. THE ONLY REASON WHY THEY CAN EXPLOIT US IS BECAUSE WE DONT EVEN KNOW WHAT THEY DOING WRONG. AND THEY ARE DOING IT SO OPENLY.
Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by plaetton: 4:08pm On Apr 13, 2016
enlightenedmind:
PDP was the worst thing that happened to this country.

I only humbly ask that you be kind enough to POINT OUT any era in Nigeria's checkered history that was comparably better ( by all standard indices) than the last 16 yrs of PDP rule.
That is the only legitimate and sensible way to show that the last 16 yrs was the worst in Nigerian history.

Very simple.

Kindly oblige us.

We eagerly await.

2 Likes 1 Share

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by ITbomb(m): 4:11pm On Apr 13, 2016
Wetin dey pain me pass is that after ranting about 16 years of misrule, the same Buhari is having series of meeting and taking advice from Obasanjo the chief navigator of 8 out of the 16 years and recently, he referred to Obasanjo as the wisest man in Nigeria during his birthday. I don't understand

If Obasanjo had stopped governance to fight years of military corruption and looted funds, will we have achieved the little we achieved?

2 Likes

Re: Buhari’s Irritable ‘16 Years Of Waste’ Mantra by Pavarottii(m): 4:13pm On Apr 13, 2016
Sibrah:
Stop lying bros . . .
We still import rice.
Also all what u listed even if they actually done wouldn't account for half the debt inherited from 16 yrs of misrule.
Get the chains. We got this very unrepentant zombie. We tie him down. Cos we av no cure for him. He said if fuel is 600naira per litre, dollars is 600naaira to a dollars, even if we go to minus in power generation because we got to zero already at a point, even his close relatives loose theeir jobs, even if he buys a bag of pure water at 500naira and also if buhari doesn't complete any initiate any project. He will still be a Zombie. My lord this zombie's case is a special one.

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