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Nairaland Forum / Nairaland / General / Politics / The TSA: How Buhari Nuked The Nigerian Economy (8855 Views)
How Buhari Resisted Urge To Rig Anambra Election – Lai Mohammed / How Buhari Stopped Osinbajo From Assigning Portfolios To New Ministers / Rejoinder: The TSA: How Buhari Nuked The Nigerian Economy (2) (3) (4)
The TSA: How Buhari Nuked The Nigerian Economy by plaetton: 2:34pm On May 27, 2016 |
BLOODLETTING was an ancient, pre-science method of treating common and chronic illnesses by letting out blood from different parts of the body. Back then, in around the 2nd century BCE, diseases were thought to be caused by imbalances of the humors, of which the blood was the most important. Also tied this was the widespread belief that evil supernatural spirits were imbedded in the humors, which in turn, was the primary cause of diseases. As with most pre-science practices, bloodletting caused a lot more VISIBLE harm than the IMAGINARY benefits for which the practice was promoted. For good example, the side effects of bloodletting were: 1. Accidentally cutting off major ARTERIES , which leads to excessive hemorrhage, cardiac arrest and in most cases, death. 2. Anaemia. 3. Lowered immune response due to depleted white blood cells. 4. Infections. 5. Etc, etc. Now, fast forward to Nigeria 2016 , when I think of the newly implemented TSA, when I hear all the chest beating, the celebration of this act as one of the cardinal achievements of the Buhari Administration, I am also forced to think about the PRE-science act of bloodletting ,and the EERIE similarities it shares with the TSA implementation in terms of Intentions, Envisaged benefits, and the inevitable Catastrophic side effects. To be continued.. 21 Likes 4 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by Nobody: 2:53pm On May 27, 2016 |
[s] plaetton:[/s] Nonsense write-up 32 Likes 5 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by wordychap: 2:58pm On May 27, 2016 |
continue 1 Like |
Re: The TSA: How Buhari Nuked The Nigerian Economy by BUHARIDONMAD: 3:01pm On May 27, 2016 |
Keneking:one useless feature of a zombie is that instead of attacking the message, they attack the messenger 52 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by Nezan(m): 3:08pm On May 27, 2016 |
I think what op is trying to say is somewhat true. TSA has freezed liquidity in the banking sector. 21 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by plaetton: 3:23pm On May 27, 2016 |
Keneking: He he he. Anytime I see people cancelling the posts of others on Nairaland, I usually expect that they have ZERO upstairs with which to even attempt a feeble rebuttal,..a fact that you just confirmed. By their emptiness we shall know them. 58 Likes 5 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by seunajia: 3:49pm On May 27, 2016 |
If you aren't stupid you'll know banking in Nigeria is not as it used to be. TSA has encouraged Nigerian banks to return to their core business duties and stop funding the lavish lifestyle of their executives. Typical OP and his pseudo-intelligence. 18 Likes 3 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by KingEbukasBlog(m): 3:55pm On May 27, 2016 |
Go on plaetton 3 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by BUHARIDONMAD: 3:59pm On May 27, 2016 |
seunajia:zombie 21 Likes 1 Share |
Re: The TSA: How Buhari Nuked The Nigerian Economy by plaetton: 4:00pm On May 27, 2016 |
seunajia: I opened this thread to attract intelligent, fact based analysis and debate free of the innuendos from intellectual toddlers. Pls raise your hand if you are up to debating this all important national issue. This debate is very very critical at this time , because , backtracking and restructuring of the TSA has the capability( with mathematical exactitude) to resuscitate the economic Flatline confronting us. 34 Likes 3 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by seunajia: 4:06pm On May 27, 2016 |
plaetton: Young man, you're a joke. I'm not gonna waste my time on you. 6 Likes 2 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by plaetton: 4:09pm On May 27, 2016 |
seunajia: He he he. I love the way you take style capitulate and run. 35 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by naijaboy756: 4:10pm On May 27, 2016 |
plaetton:HOW I WISH YOU KNOW A THING!!!! JUST ONE THING 2 Likes 2 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by plaetton: 4:12pm On May 27, 2016 |
1 Like |
Re: The TSA: How Buhari Nuked The Nigerian Economy by Iykopeeee: 4:18pm On May 27, 2016 |
seunajia: Hehehehehe. U screeched. The joke is on u niggur. 19 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by seunajia: 4:36pm On May 27, 2016 |
plaetton: Maybe with someone with good reputation, but you? No boy. Good luck with your pseudo-intelligence and Buhari is a this and that orgy you have going on here. 3 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by plaetton: 4:45pm On May 27, 2016 |
seunajia: Capitulation and Run under any other pretences is still Capitulation and Run. Besides, APC lackeys of every shade inundate social media everyday with their blame this and blame that on the previous government. I am simply here to show, with economic facts, that Buhari Nuked the economy on many fronts, but most especially with his much-celebrated TSA implementation. I have no doubts that come MAY 29th, he will once again blow that trumpet. 16 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by giantstrides(m): 4:47pm On May 27, 2016 |
plaetton: Absolute trash, IPOD youth voodoo economics... If you were wise enough, you would have observed that the TSA saved the nation from excessive bleeding it was being subjected to. 5 Likes 1 Share |
Re: The TSA: How Buhari Nuked The Nigerian Economy by plaetton: 4:50pm On May 27, 2016 |
giantstrides: Now, putting off the knee-jerk, childish and compulsive name-calling, are you standing up and volunteering to debate this issue ? 15 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by kc2hansome(m): 5:55pm On May 27, 2016 |
I remember that wizkids song #zombieOzombie. Buhari would not buy tomato for ur stew. The best he can come up with is fuel at n145 knowing fully well he has turn Nigeria to the kingdom of darkness. 7 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by malton: 7:00pm On May 27, 2016 |
How this guy decides to use his knowledge in reverse is the 8th wonder! 3 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by plaetton: 7:19pm On May 27, 2016 |
malton: Yawn! It's really frustrating expecting an intelligent debate from the pro-APC heavyweights on this forum. Yawn! 13 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by tiwiex(m): 6:54am On Jun 07, 2016 |
seunajia: That's text book economics. We have our peculiar economic mix. TSA is a disaster. U don't take that much money out of circulation in one fell swoop. The most efficient way to manage that money was through the private sector. What is government doing with over two trillion sitting in the vault? Has it created any new jobs? Does it even yield interest for d government? The only thing this government was interested in was corruption without looking at d wider effect on d economy. The money was never missing. It was just distributed efficiently and was supporting the economy. It was no different from a bank run. Just that d depositors were few. 10 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by hahn(m): 7:35am On Jun 07, 2016 |
plaetton: Focus on the thread. You can easily delete comments that don't correlate with the topic. Replying every other comment is beginning to make the thread look dull 2 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by Nobody: 7:37am On Jun 07, 2016 |
plaetton:Op what you failed to understand is that even in modern medicine, during surgery anesthesia is used. This result to partial or total body numbness (temporal death). At the end of the surgery, and after few days or week of recovery, the person become more healthy. don't 4get anaesthesia have so many side effect too such as Nausea and vomiting,Cognitive dysfunction ,Hematoma, Nerve damage etc. Also during this period, the person is given a lot of bitter pill and painful injection. Which in d beginning appear like increasing the persons sorrow. The question is this? A sick person is already in pain. why give him bitter pill and painful injection? is that not like increasing the misery of the person? From the OP way of thinking, modern medicine and medical doctors are stupid to be increasing someones pain who is already in pain!!!!! Many people like the OP live in a world of delusion and fantansy. A world of pleasure without pain, wealth without work, greatness without hardwork and action without reaction. Only baby or deluded soul will reason like that. The reason black people are backward is because of thinking like that of the OP. When all that matters is Now now now. Blacks are never willing to take little pain for a better future. As far as people like OP is concern, why suffer now so dat the next generation will enjoy when he must have been death and rotten in the grave?? How does that "epp" him. In the voice of olamide who d tin epp!!! We should understand that structural change comes with pain. TSA is a structural change. It will take sometime for the economy and society to adapt to the new system. It is pain for a better future. My generation (those born in the 1980s) have always complain our father generations failed us. They looted the country dry. and we ended up being born into an underdeveloped society. Op I believe you are most likely in my generation too. My question to u is this? What kind of country do you want to leave for your children and grand children? Is it a country were you make d sacrifice today and your grand children enjoy? or a country where you enjoy and milk everything dry today and your grand children suffer? How you answer this questions is what differentiate western countries from our countries. A clear example is the way western countries are willing to make a lot of sacrifice because of global warming. The major aim is to leave a planet that will be comfortable for their great great great great grand children? global warming is not a big problem of today but a disaster of tomorrow (like 100 years time) 19 Likes 4 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by vedaxcool(m): 7:44am On Jun 07, 2016 |
seunajia: The guy left anti religious fanaticism for tribalism based anti government extremism. Take him serious at your own peril. 8 Likes 2 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by Nobody: 8:01am On Jun 07, 2016 |
vedaxcool: you are completely correct 3 Likes 2 Shares |
Re: The TSA: How Buhari Nuked The Nigerian Economy by 989900: 8:48am On Jun 07, 2016 |
TSA is stipulated by the constitution . . . have a problem with it? Push for amendment. Surgery is rarely painless. I can fault some of this admin's economic blunders, but not the TSA's implementation. 4 Likes 1 Share |
Re: The TSA: How Buhari Nuked The Nigerian Economy by gwales: 8:52am On Jun 07, 2016 |
[s] plaetton:[/s] ipad miscreant 2 Likes 1 Share |
Re: The TSA: How Buhari Nuked The Nigerian Economy by onavae(m): 9:12am On Jun 07, 2016 |
I have never really understood the need for the TSA. It is not an achievement but really a destruction for Nigeria. Sure, the multiple accounts gave room for corruption, but is the TSA the answer? Ok, the power sector is corrupt, so shut down all power stations to end the corruption. The education sector is corrupt, so shut down all universities in Nigeria, leave only one open and let the education minister be the VC. Does that make sense to anyone? We have heard how over 3 trillion rests in the TSA, but how much have really been saved? How much was really being lost to corruption? And why for heaven's sake is that money not being used to drive the economy? TSA is and will always be a disaster. 11 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by tuniski: 12:22pm On Jun 07, 2016 |
onavae:There is no such money in TSA. It is an audit too incorrectly being applied by this yeye govt. It remains only a bottleneck to free economic and financial transactions of govt. It doesn't create new money or new wealth just propaganda! 5 Likes |
Re: The TSA: How Buhari Nuked The Nigerian Economy by smarthG(f): 1:23pm On Jun 07, 2016 |
naijaboy756: Ur reply too cheap jooooor. 1 Like |
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