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Nairaland Forum / Nairaland / General / Politics / PDP Salutes Buhari, Military For Capturing Sambisa Forest (29546 Views)
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Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by ocelot2006(m): 8:48am On Dec 28, 2016 |
Enice: We are talking about policies, not failures. The recession is pretty much Buhari's own thanks to policy flip flops, cluelessness, and outright incompetency. Btw NOI was referring to a drop in the nation's revenue from oil and the need to prioritize workers' wages by state govts. |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by Enice(m): 9:29am On Dec 28, 2016 |
ocelot2006:NOI was refering to revenue drop from oil! Wonderful. Now let me school you on Nigeria's economy. 1. It is mono-economy. That is one product brings in about 80% of the revenue. What that means is that our revenue flow is dictated by the price of this product. 2. This product brings in over 90% of our foreign currency. So the fluctuation of the price of this product will affect our foreign reserve. 3. Now if the reserve drops, what will happen to the naira? It will be devalued. Buhari refused to devalue the naira but chose to ban 41 products from accessing dollar from the CBN. The reason for this. These products can be produced in Nigeria, banning this product will reduce pressure on the reserve, manufacturers can access dollar at the official price. Manufactures inturn can grow and create employment. But this was abuse by round tripping of the dollar, hence it was discontinued. Now how does that affect the recession? 1 Like |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by dantori(m): 2:30pm On Dec 28, 2016 |
NaijaMutant: Never seen someone as foolish as you in my entire life, PMB is winning and you can only do one thing about it... KILL YOURSELF, IDIET 1 Like |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by ocelot2006(m): 2:49pm On Dec 28, 2016 |
Enice: Care to read the 2nd part of my post again? Then tell me if you've not said the same damn thing. Again NOI warned about a cut in the nation's revenue due to the drop in oil prices no thanks to the Americans pumping cheap shale oil into the oil market & the unwillingness of major producers like Russia or OPEC members like Saudi Arabia and Iran to shore up prices by cutting production output. NOI warned about this, informed the nation that the FG was going to slash down on expenses, AND warned states to prioritize workers wages. But hey, thanks for the epistle, Capt Obvious. |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by Enice(m): 3:48pm On Dec 28, 2016 |
ocelot2006:this just supports my earlier statement that GEJs lack of leadership is the bane of our economy today. He is the brain child of this recession. As a leader, you take action not shouts. |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by ocelot2006(m): 5:09pm On Dec 28, 2016 |
Enice: Please do tell how GEJ was responsible for the present recession. 'cos last I checked the nation's economy still recorded a steady growth still the very end of his watch and into the Buhari's administration till the stagnation began at the end of PMB's 2nd/3rd month in office? Was GEJ responsible for PMB's inability to formulate a coherent blueprint to lead the nation? Was GEJ responsible for this administration's ability to create an economic advisory team or a cabinet to push the president's policies (if at they existed) for 7 whole months as the nation's economy drifted? Or maybe you want to blame him for Buhari's policy flip flops and utter confusion emanating from the president's own cabinet. All we Nigerians have seen so far are just complaints upon complaints and blame shifting. That, my dear friend, is a classic example of POOR LEADERSHIP. |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by Enice(m): 6:03pm On Dec 28, 2016 |
ocelot2006:from the look of things, you are the flip flopper here. You agree that FG was already borrowimg to pay salaries and states were owing worker, foreign reserve was depreciating fast, banks and oil servicing companies were laying off workers like craze, inflation was up and you say the economy was growing? Pray, with what indecies did you measure this growth? Are these not signs of recession. |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by ocelot2006(m): 10:30pm On Dec 28, 2016 |
Enice: Care to point out in my posts were I stated that the FG borrowed funds to pay salaries? And please do tell when Nigerians began to lose their jobs in droves with a million more jobs on the line. You just dropped a BLATANT LIE when we all know that the massive job loses along with capital flight, loss of investor confidence, pack up of both big, medium, and small coys, contraction of sectors like manufacturing, all began under BUHARI. In addition, theres also the drop in production output in the oil and gas sector, drop in much needed generated power, a hike in costs of fuel leading to further hikes in basic commodities due to high transport and manufacturing costs. Basically, Buhari has created a business environment that is simply unbearable to most, eapecially SMEs extremely important to a nation's economic growth. Oh did i mention the 1st ever negative GDPs recorded in YEARS under Buhari? Yet you want to stylishly push it on to GEJ. Bros, we are NOT gullible. Oh well, I still await proof of my "flip flop" from my previous posts. Go on....I'm waiting. |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by maikachiya(m): 5:37am On Dec 29, 2016 |
The foundation of fighting insurgency base upon Allah wishes which formulated in the hand of GENERAL, President and Chief Commander of Nigerian arm forces Malam Baba Buhari. Allah ya sa Aljanna makoma. |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by maikachiya(m): 5:51am On Dec 29, 2016 |
The oarsman behind Nigerian economic and peacekeeping is behind the GENERAL and is always a GENERAL can lead to the WAR |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by Enice(m): 8:43am On Dec 29, 2016 |
ocelot2006:no need for this long epistle. Google is your friend. Some research would do you a lot of good. |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by brightleave(m): 10:32am On Dec 29, 2016 |
NgeneUkwenu: |
Re: PDP Salutes Buhari, Military For Capturing Sambisa Forest by ocelot2006(m): 4:46pm On Dec 29, 2016 |
Enice: You may need to take up your own advice. I assure u it will help. |
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