President Muhammadu Buhari has restated his resolve not to devalue the naira or increase the price of fuel.

He made this known in Abuja on Friday night, during the 2016 regimental dinner organized by the presidential brigade of guards.

Buhari also suggested that his refusal to devalue the naira and increase fuel price during his time as Military Head of State in 1984-1985, led to his overthrow.

“I have resisted the devaluation of the naira, increase of the petroleum products, among others,” he told the soldiers and officers.

“When I was military head of state, I rejected similar advice by the IMF and World Bank to devalue the naira.

“I refused and gave my reasons and the next thing I knew I was removed and detained for three and half years.

“As a civilian president, I will do my best and I’m telling you all these because you are part of the leadership of this great country and God willing we will remain great.”

When Buhari assumed office in May 2015, the exchange rate was N197/$1. It currently stands at over N300 to $1 officially and N495/$1 in the black market.

http://dailypost.ng/2016/12/31/overthrown-1984-devaluing-naira-buhari/

U need to be overthrowen again!

OKDnigeria:
When Buhari assumed office in May 2015, the exchange rate was N197/$1. It currently stands at over [b]N300 to $1 officially [/b]and N495/$1 in the black market.
http://dailypost.ng/2016/12/31/overthrown-1984-devaluing-naira-buhari/

Please who "officially" devalued our Naira since the president said it wasn't him.
He also resisted increase in petroleum products. But we know petrol is now N145, up from N87.
So who authorized all these while the president was resisting them?

When a fool speaks

No Sir

You were overthrown for introducing draconian policies, economic hardship and human rights violations.

You truncated a corrupt civilian government only to create an avenue for an even more corrupt one to come to the fore

You hounded corrupt politicians while taking care of 53 suitcases

it is therefor no wonder that contrary to your claim of 'purity' (aided by your gaunt physique) you were able to send 6 of 8 children abroad to school hence your inability to make public your asset declaration as promised by yourself

You are #CleanSweepBuhari a la Jeffrey Archer

ERONX:
Below are brief profiles of
President Buhari’s children, focusing more on schools they attended.
The details are as provided in “Muhammadu Buhari: The Challenges of Leadership in Nigeria” written by American professor, John Paden.

“All of President Buhari’s children have had extensive education,” the book said.

“Several have studied at university and postgraduate levels, including abroad.”

1) Fatima: Born March 7, 1975. Education: Airforce Primary School, Victoria Island, Lagos; Government College, Kaduna; Ahmadu Bello University, Zaria; postgraduate degree, Business Academy, Stratford, United Kingdom.

2) Nana-Hadiza: Born June 23, 1981. Education: Essence International School; Cobham Hall, Kent, United Kingdom; University of Buckingham;
Postgraduate, National Teachers Institute, Kaduna; Masters in International Affairs and Strategic Studies, Polytechnic Kaduna.

3) Safinatu: Born October 13, 1983. Education: Essence International School; Cobham Hall, Kent, United Kingdom; University of Plymouth,
United Kingdom; presently at Arden University, United Kingdom

4) Halima: Born October 8, 1990. Education: International School, Kaduna; British School of Lome; Bellerby’s College, Brighton, United Kingdom; University of Leicester, United Kingdom, Nigeria Law School, Lagos.

5) Yusuf: Born April 23. Education: Kaduna International School; British School of Lome; Bellerby’s College, Brighton, United Kingdom; University of Surrey, United Kingdom.

6) Zahra: Born December 18, 1994. Education: Kaduna International School; British School of Lome; Bellerby’s College, Brighton, United Kingdom; University of Surrey, United Kingdom

7) Aisha (Hanan): Born August 30, 1998. Education: Kaduna International School.

8 ) Noor (Amina): Born September 14, 2004. Education: Kaduna International School.


(Note : In November 2012, Mr. Buhari’s first daughter, Zulaihat Junaid, died of sickle cell anemia after giving birth.

Earlier, one boy – Musa- died in infancy from sickle cell anemia.)

This man is clearly a lunatic living in fantasia..Does this guy realise that the Naira now trades at 500 to a single dollar ,does he realise that Nigerians now pay 145 a litre for fuel when he met it at 87 just a year ago , does he realise we pay 50 percent more for electricity than we did a year ago .. what the hell is he saying that he won't the devalue the naira when the naira is already the worst performing currency in the world under his lunacy

Oh President Buhari..You still do not know?

Anytime you say publicly you will not devalue the Naira..The parallel market goes on spikes and it gets devalued on the streets where most businesses now get their dollars;

You keep enriching the few that can obtain forex from CBN at your 'Im not Devaluing artificial rate';

You keep widening incomes of those with such arbitrage privileges..

You can try again using DSS or a special military force..it can only get worse..

How did we even get here??

The same way you will be sent to hell for not founding lasting solution to our economy problem

No sir. You were ousted because of naivety. Policy and politcs are siamesis twins. You can't play one at the expense of the other. It is that same naivety that propell Saraki to power. And what was PMB's response,? History are for us to learn from.

Thank your star that military rule is no more in vogues, by now your second coming would have become history.

No sir, you were overthrown in the 80's for being a tribal/religious bigot, destroying the nations economy thereby plunging it into a recession and also being an inept leader. Things which you still continue to do even now as a civilian despot

It really says something about Buhari's intellectual limitations that even at this late stage, after an entire year of avoidable hardship, he still clings to this economically illiterate nonsense! How stupid do you have to be to not understand that the only effect of dictating prices is to cause shortages?

Cry the beloved country. I just don't see how Nigerians will make it to 2019 under the rule of an economic illiterate who thinks he can make 1 + 1 = 3 simply by giving an order; he is the African equivalent of Nicholas Maduro.

three:
No Sir

You were overthrown for introducing draconian policies, economic hardship and human rights violations.

You truncated a corrupt civilian government only to create an avenue for an even more corrupt one to come to the fore

You hounded corrupt politicians while taking care of 53 suitcases

it is therefor no wonder that contrary to your claim of 'purity' (aided by your gaunt physique) you were able to send 6 of 8 children abroad to school hence your inability to make public your asset declaration as promised by yourself

You are #CleanSweepBuhari a la Jeffrey Archer

Just imagine the sheer arrogance of that dumb ass.

" I was overthrown".

Who the fxxx elected you to be head of state in the first place ?

Aren't you guilty of treason ?
Have you been held accountable for your treason and the trajectory of unending disasters it put this country through ?

Anybody who voted for this bastard in 2015 is a bastard himself

Why does he keep sounding like he was hurt or some grave offence was committed against him? Did he not plan and execute a coup against a civilian government? He couldn't withstand his fellow military brethren that threw him out and all of them remain d demons that plague Nigeria today. He should have been summarily executed or disabled so we wouldn't be forced to cope with his brand of corruption and stupidity again!

That stupid Junaid is blaming Emefiele, is it not obvious that the CBN Governor is not independent and must accept the overriding yet ignorant position of the illiterate in office?

Pls can a more reasonable person present himself to be doing the talking for this man. I've said it before he doesn't have the right words to convey his thoughts and drive home his message.


He should only be reading written speeches.

Y

Then was when you still have integrity and why do you have to kill the Naira now Mr President !!!!

So he ruled for only 1 year.?

Is he confessing to having had "outside help" in his coup?

Well he is finishing 2016 with a Bang - Big Dullard!

The price of fuel would be much lower if the Federal Government drops the policy of destroying 'illegal' refineries in the South East/South South and instead legalizes them.

Those entrepreneurs can solve the fuel issue and make Buhari more popular than he is now.

As a musician I won't post bad things about this government. I wanna do show in Aso rock next year biko

freeze001:
Why does he keep sounding like he was hurt or some grave offence was committed against him? Did he not plan and execute a coup against a civilian government? He couldn't withstand his fellow military brethren that threw him out and all of them remain d demons that plague Nigeria today. He should have been summarily executed or disabled so we wouldn't be forced to cope with his brand of corruption and stupidity again!

That stupid Junaid is blaming Emefiele, is it not obvious that the CBN Governor is not independent and must accept the overriding yet ignorant position of the illiterate in office?

PMB was and is still deeply pained for his forceful removal from office back then. This is the reason he made several attempts to return to power till he finally got it by 'whatever means necessary'. PMB only wants to be on history that he ruled this great country, Nigeria. How he rules the country is of no importance to him. No wonder the economy is getting worse by the day. PMB has failed to heed sound economic and political advice from his wife, friends and others who truly want him to succeed.


And for Emefiele, he deserves the ridicule and insults coming his way. Being an expert in his field, why remain in office when the govt of the day have your hands tied. Is anyone pointing a gun to his head to remain in office by all means? I expected him to have honourably resigned long before now so it will recorded on history that he resigned because he wasn't allowed to perform professionally as the Governor of the CBN. Until then, Emefiele will continue to be ridiculed and seen as an ally to those who plan on bringing this great country Nigeria to its lowest ebbs.

So his doing the opposite of 1984 abi 1985 and yet nothing is really working out right

Now that all Oil Subsidies have been stopped, bring prices of Premium and Diesel down to N100 per litre. Put Security at the Borders of Niger and Chad to stop smuggling of oil out of Nigeria. CBN should import Dollar Earnings @ N150:$1 export, that is, sell from Banks @ N155:$1 and from BDCs @N160:$1. CBN should invite Treasury Bills @4.5% and reinvest through BOI and Commercial Banks @ 5%. Enough of vindictive politics, corruption and bad policies. Replace Emefiele with Adeosun and plead with Eweala to come back to Finance.

This man though, we have entered one chance. We're definitely facing the same situation as 1984. If the president didn't see he was running the country aground with his polices and lack of economic direction and blames his removal on external powers. It's right to say he sees nothing wrong with his current actions that's bringing untold hardship on the masses.

Akuko

Another nonsense talk from Buhari again

Mtchew...!

Grand comedian of the federal republic of Nigeria, that's what buhari is

Just like then he may likely be overthrown again. Amen.

God bless The President and C-in-C