Sometimes, I wish President Muhammadu Buhari would have been as proficient in arresting Nigeria’s recession as he is in arresting his critics! How I pray that this administration was as eloquent at announcing to the public what it has done as it is expert in informing the public what it is that ex-President Goodluck Jonathan allegedly did not do! If only this government applied itself to generating wealth for the nation the way it has devoted itself towards borrowing $29.9 billion. Wouldn’t they have been popular if only they took time to sell their ideas and programs to Nigeria the way they lobbied to sell national assets that more serious governments acquired for Nigeria in times past. But alas, this is an administration that believes in propaganda instead of proper agenda!
And speaking of propaganda, nothing proves my point than the conflicting statements that keep emanating from the Presidency.
After attending Eid prayers in Daura on September 12, 2016, President Muhammadu Buhari spoke to newsmen and said ‘we should thank God this year, the report I’m getting, which is very pleasing, is that we will have a bumper harvest this year.’
Well, we should thank God everyday and every year, whether or not we have a bumper harvest because we enjoy our existence by His providence, but that is not my point.
My point is that after saying what he did, President Buhari’s presidency turned around on November 14, 2016 to raise an alarm of an impending famine.
The loud headline on the Punch Newspapers on that day screamed ‘Presidency Raises Alarm Over Imminent Famine’!
Now how can you have a famine two months after a supposed ‘bumper harvest’? This makes no sense!
Sometimes I wonder whether the President Buhari led administration is confused or perhaps it is forgetful or maybe if it is untruthful!
How can you have a bumper harvest and then say that famine is imminent in the same breath? Is that now how they accused Goodluck Jonathan of looting $15 billion out of $10 billion?
I hope those who excoriated me when I pointed out that Audu Ogbeh, a graduate of French, was the wrong choice to succeed Akinwumi Adesina, a PhD in agricultural economics from Purdue university, can now see the sense in my admonition.
Just three years ago, Nigeria under President Jonathan received a Food and Agriculture Organization award by the United Nations for reducing hunger and now we have made a 360 degree turn and are on the brink of a famine.
And the contradictory statements continue.
President Muhammadu Buhari during his Independence Day broadcast of October 1, 2016 said ‘investors from all over the world are falling over themselves to come and do business in Nigeria.”
How the President uttered that lie with a straight face still amazes me. But what was even more amazing is the headline in the papers on Tuesday, November 15, 2016.
On that day, The Cable newspaper ran with a headline ‘EU: Five Reasons Our Investors Are Not Coming to Nigeria’ in which it interviewed Michel Arrion, head of the EU delegation to Nigeria, who gave reasons why European Union investors were not ‘falling over themselves to come and do business in Nigeria’, chief of which was the Buhari administration’s unstable and unreliable foreign exchange policy and its general economic direction.
Talking about unstable financial policies, with all due respect, Kemi Adeosun cannot pull off the economic magic that Ngozi Okonjo-Iweala pulled off under President Obasanjo (when oil sold for less than half of what it sells for today) and under President Jonathan.
Kemi Adeosun has a bachelor degree in economics from the University of East London. I schooled in England and I know that that University is a second class university. The school ranks number 126 in the U.K University League Table 2017. Go ahead and Google it!
Moreso, this is someone who has just a degree in economics and post graduate diploma which is not as high as bachelors.
Now you had someone who has a PHD in regional and economic development and worked as a Managing Director at the World Bank and also a former Minister of Finance replaced by Kemi.
In a difficult period like this you need to put your best hands and as a leader, you have to be unsentimental and take hard decisions. Nigeria is in recession and we need our best hands.
The above fact was made ever more obvious on Monday November 14, 2016 when the National Bureau of Statistics revealed that Nigeria is experiencing a record inflation of 18.3%. To put things in perspective Nigeria’s inflation rate fell below 9% under President Jonathan but has doubled under President Buhari!
From record recession to record inflation and now record famine. This is what happens when you blame others instead of taking responsibility!
Success in government comes from deciding early on in what direction you as President want to go and only bring in appointees who are going in the same direction as you are. Such appointees will help you overcome your weaknesses
because everyone has weaknesses and makes mistakes.
The difference is that wise leaders focus on recovering from mistakes while leaders lacking in wisdom focus on who to blame.
You see, the purpose of power is not to impress people with what you can do but to achieve greatness through with the power you yield.
It is highly embarrassing that this administration continues to blame previous administrations yet in all spheres and in all indexes it is underperforming when compared with the very administrations it denigrates.
And not content with denigrating past administrations, this government wants to extends its caustic tongue on foreign governments.
After the Federal Executive Council meeting of Wednesday November 9, 2016, the minister of agriculture, Audu Ogbeh said of Donald Trump’s victory “he made comments about Nigerians when he was campaigning that they had stolen money, they should go back to their country and live. He has a very low opinion of the blacks and Hispanics. We hope he’ll become a president now for all, including Nigerians and others, resident in the US.
“But if he doesn’t, it means we’ll have to re-tune and re-tool our foreign policy to begin to find a situation where we may have to be welcoming some of our people if they come under extreme pressure. We hope it doesn’t happen.”
First of all, it is really sad that the minister based what he said on beer parlour rumour because Donald Trump has never even mentioned Nigeria during the electioneering campaigns and all those reports have been debunked by the BBC which did a fact check on what Trump did or did not say titled ‘Mythbuster: What Donald Trump didn’t say about Africa’ and published on November 11, 2016.
However, with all that President Buhari’s grass importing minister of agriculture said about Donald Trump, let us appreciate the fact that though Donald Trump has

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CC - OMOKRI

I will make this very short.

This article was written in bad faith.

But we are not fooled.

I just hope people read this with an open mind.

paste everything here

If the oil price is the same as in year 2001, the problem will be solved if price and income revert to what it was in 2001.

If people can accept that then they are ready to fix the economy

Accepting responsibility is the first step.

Mtscheeeeewwww

Atiku2019:
Mtscheeeeewwww

You self are birds of the same feather, I will better vote NPI party than you, because when u were in power what impact did it had one Nigerians, here again you want to come again ain't you okay with what you have?
Seriously i am against recycling of all these old men who come with no serious ideas to liberate instead they come with intentions to enrich themselves, please U Mr Let the youths for once decide our future.

sultaan:
If the oil price is the same as in year 2001, the problem will be solved if price and income revert to what it was in 2001.

If people can accept that then they are ready to fix the economy

The oil price price in 2001 was 23 dollars and Buhari's crude oil is 47 dollars so what are you saying ..Buhari is a very dull and unserious man period!!!!!!

PaulIdu:


The oil price price in 2001 was 23 dollars and Buhari's crude oil is 47 dollars so what are you saying ..Buhari is a very dull and unserious man period!!!!!!

Please stop educating those peeps because they see no wrong in Buhari..



An incompetent fellow will always look out for an excuse to justify his failure, Buhari is an established failure. Period!!

Sometimes, I wish President Muhammadu Buhari would have been as proficient in arresting Nigeria’s recession as he is in arresting his critics! How I pray that this administration was as eloquent at announcing to the public what it has done as it is expert in informing the public what it is that ex-President Goodluck Jonathan allegedly did not do! If only this government applied itself to generating wealth for the nation the way it has devoted itself towards borrowing $29.9 billion. Wouldn’t they have been popular if only they took time to sell their ideas and programs to Nigeria the way they lobbied to sell national assets that more serious governments acquired for Nigeria in times past. But alas, this is an administration that believes in propaganda instead of proper agenda!
And speaking of propaganda, nothing proves my point than the conflicting statements that keep emanating from the Presidency.

Read again, my people.

Buhari is a dullard.majority of the masses here are dumb,you'd think APC would lose in edo and ondo states due to the Mismanagement of the economy/bad economic policies of the apc led government, but NAY they voted for the APC following this precedent,Buhari would win 2019 election.

Useless wailers. Go and die!
Nigeria will triumph and survive hateful negative and backward leeches

The problem is no more about accepting responsibility it's about the negativity of our leaders, imagine a sport minister that says his country will not win the world Cup, or a power minister who once said a serious government would fix his power problems in 6 months now say even Sango won't be able to produce 1kw of electricity or is it our transportation and road minister who is busy playing junk yard politics instead of doing his work? This administration itself reek of total lack of ideals to the extent our communication ministry is not left out.

rusher14:


What was the minimum wage in 2001?

Could you buy a suitcase in Japan by use of credit or debit cards then?

What was the overall wage bill of government then?

The minimum wage under Obasanjo was 11 thousand naira and today it 18 thousand naira which shows 7 point increase while the oil price difference between both periods shows a 24 point increase in oil revenues between what obtained in 2011 and Buhari's today...so can you see that the problem is really not oil prices but serious incompetence.

Its better they sell Nigeria and share the profit,everybody will go him own way!!





OR






Buhari should do MMM with 2017 budget money for 3 months


#just saying

rusher14:


You need to rework your percentages again.

That's a 63.6% percent increase in minimum wage not the 7 percent you've calculated.

You were saying something about incompetence.

Sorry I meant points not percentage.. the bottom line is that Buhari has more has more resources available to him than OBJ had in 2011

Buhari will never learn cos thr peeps dat keep defending him n some r on NL. So he believes he z on d right track even wen Nigeria is sinking evry sec.

Make una continue till d country is auctioned off on Amazon

sultaan:
If the oil price is the same as in year 2001, the problem will be solved if price and income revert to what it was in 2001.

If people can accept that then they are ready to fix the economy

That's the problem. Buhari came into power with the mindset that oil will always flow and be sold. Big economies of the world are built on non-oil sector.

For a typical northerner, everything on survival is oil. Even the South that has the oil have looked beyond the oil. All we need is a progressive president to implement right policies not this dulllard, we have here.

I still wonder, of all progressive northerners like Sule Lamido, Atiku etc, why Buhari that couldn't build a single investment after being in power and years as a PTF boss

PaulIdu:

The minimum wage under Obasanjo was 11 thousand naira and today it 18 thousand naira which shows 7 point increase while the oil price difference between both periods shows a 24 point increase in oil revenues between what obtained in 2011 and Buhari's today...so can you see that the problem is really not oil prices but serious incompetence.

PaulIdu:


The oil price price in 2001 was 23 dollars and Buhari's crude oil is 47 dollars so what are you saying ..Buhari is a very dull and unserious man period!!!!!!

and what Is the minimum wage in 2001?



Stop trying to be smart.. You are not.


In 2001, oil was 23 dollars per barrel a d minimum wage was 5, 500

By the time Obj left in 2007, oil was 67dollars per barrel and minimum wage was around 11000naira.

Everytime the oil price increases in the market, obasanjo removes subsidy that's why he left price of Petrol at 75naira before he left....

There was sharp fall in oil price in 2009, when Yaradua reduced the price of petrol from 75 to 65 but had to pump money saved by Obj to the economy to cushion the effect of what might have happened..

The proposed 18 thousand didn't come to fruition until under Jonathan when the price of oil hit the roof.

FunkyMetahuman:
and what Is the minimum wage in 2001?



Stop trying to be smart.. You are not.


In 2001, oil was 23 dollars per barrel a d minimum wage was 5, 500

By the time Obj left in 2007, oil was 67dollars per barrel and minimum wage was around 11000naira.

Everytime the oil price increases in the market, obasanjo removes subsidy that's why he left price of Petrol at 75naira before he left....

There was sharp fall in oil price in 2007, when Yaradua reduce the price of petrol from 75 to 65 but had to pump money saved by Obj to the economy to cushion the effect of what might have happened..

The proposed 18 thousand didn't come to fruition until under Jonathan when the price of oil hit the roof.

You have forgotten that in 2001 the value of 5500 was comparable to almost 25 or 30 thousand today .you are the one being economical with the truth that Buhari is a very visionless man that we all mad a mistake of voting and we must accept that as a pre-requisite to the way forward .

All I know is even if you give Buhari the current Swedish economy he will destroy it in 6 month ..Apart from complain have you heard that man ever proffer an likely solution to anything? Have you heard spell out a plan replete with expected milestones and KPIs ? Have you even seen him simple try to rally empty hope like a Nigerian Pastor? No no no . I hope you are being paid to defend him if not I must say something is wrong somewhere

PaulIdu:


All I know is even if you give Buhari the current Swedish economy he will destroy it.

why not give him the swedish economy first..

To see Apc win Edo/Ondo i gave up, I now pray Buhari win 2019 and even a third term sef.
Hell is real, lets go.

PaulIdu:


Sorry I meant points not percentage.. the bottom line is that Buhari has more has more resources available to him than OBJ had in 2011

This is 100% correct. Apart from that Obasanjo inherited a economy where money was stolen without records. At least Jonathan own, you have to involve 3 to 5 people to successfully steal. Abacha just carry a bullion van direct from central bank and no one knew.

Also, the debt was enormous and the oil price was very low. Compare to Obasanjo, Buhari is on a coaster ride

FunkyMetahuman:
why not give him the swedish economy first..

I don't think an average Swedish can make the same mistake Nigerians make in choosing their leaders

FunkyMetahuman:
and what Is the minimum wage in 2001?



Stop trying to be smart.. You are not.


In 2001, oil was 23 dollars per barrel a d minimum wage was 5, 500

By the time Obj left in 2007, oil was 67dollars per barrel and minimum wage was around 11000naira.

Everytime the oil price increases in the market, obasanjo removes subsidy that's why he left price of Petrol at 75naira before he left....

There was sharp fall in oil price in 2009, when Yaradua reduced the price of petrol from 75 to 65 but had to pump money saved by Obj to the economy to cushion the effect of what might have happened..

The proposed 18 thousand didn't come to fruition until under Jonathan when the price of oil hit the roof.

sir don't compare 2001 and now coz the minimum wage then can do a lot of things minimum wage can't do now, if I remember correctly in 2001 i was helping my mom hawk kerosene @ #20 per bottle (star bottle)

Not a small joke.

if you vote a butt hole into office, expect to stink.
D first law of being a man is to learn to take responsibility.
when you have a man who doesnt know his country and people are in problem as president, you cant help suffer.
I see young men deceiving themselves, saying oil price, corruption and all that hogwash, well, has your beloved govt not been getting revenue since they came to power??
keep deceiving yourself.