illumuminated93 gave his opinion and I respect him even though he isn't correct. A good student is measured by his performance in exam results, assignments and test results which is where GEJ floored PMB... PBM results are not just poor....he is busy blaming too.

We are here now so don't start the foolish comparison thing....just move on....either you continue to cast same vote or adopt the change mantra

Even if it was privatized as you claim, is an environment for competition existent?
Is the business of electricity generation a free market Enterprise?
You say you don't have any business generating power , you say you are all about creating policies,yet you catch cold whenever power generation drops,and rejoice when power generation goes up. Are we sensible at all?

greatiyk4u:



I leave you to your ignorance

illuminated93:
Sent and received by who?
Please provide us with a link so we can read and verify.

Jonathan did send the confab report. I think a week or two before APC took over. One thing remains sha. He used it as a political tool to gain votes.
I agree with u that jonathan lacked the requisite will needed by an average nigerian leader. He was easily intimidated n could be coarsed using common shnapps. No wonder ppl around him became demi-gods.
Waiting for your bbuhari analysis

illuminated93:
Yes you are right. Buhari is a mistake,but how much was the oil price as at then. Let's say the truth in full,not half truths.

You guys always use oil price as excuse but let me educate you on that. During gej regime oil was 100 or 110 dollar per barrel and exchange rate was 180 naira to a dollar. Buhari's regime have oil at 50 dollar per barrel with exchange rate at approximately 400 naira to a dollar. Let me assume you are learned, so if gej was sold 100 barrel for instance which is 110 x 100 barrel is $11,000. When you convert this to naira then you will get 1.9m but during Buhari if he is selling 100 barrel at $50 it will be $5000, when converted to naira you will get N2.M. if you don't know how exchange rate works please read international corporate finance​by Jeff madura. You have to get your facts right before saying what you don't understand.

As at may 29 2015,a dollar was exchanged for 248-250 naira. Stop telling lies.
Come to think of it, even if dollar was 180 like you claimed, the refined fuel you import is it being paid for in naira?
The raw materials,pharmaceuticals, military hardwares,etc,are they been paid for in naira?
Your analysis would have been apt if nigeria did little importation,meaning we have no need for the dollar.
I love your analysis anyways,but it holds no water here.
Example:if an armoured tank costs 11000 dollars for one. During gej era, he only needs to sell 100 barrels of crude to buy one. On the other hand, buhari needs to sell about 200+ barrels to buy one. So you see,it holds no water.

MendeZ:



You guys always use oil price as excuse but let me educate you on that. During gej regime oil was 100 or 110 dollar per barrel and exchange rate was 180 naira to a dollar. Buhari's regime have oil at 50 dollar per barrel with exchange rate at approximately 400 naira to a dollar. Let me assume you are learned, so if gej was sold 100 barrel for instance which is 110 x 100 barrel is $11,000. When you convert this to naira then you will get 1.9m but during Buhari if he is selling 100 barrel at $50 it will be $5000, when converted to naira you will get N2.M. if you don't know how exchange rate works please read international corporate finance​by Jeff madura. You have to get your facts right before saying what you don't understand.

So if PDP/ APC are the same according to the OP, then join IPOB...

You say GEJ didnt do this and didnt do that, but really? Do you think the Northerners and Yoruba had his back? Of course not...

Man this is not a political thread, I'm not here to align with any politician, cos they are all wicked thieves who don't care about you and I. I'm just hear to say the truth as I see it

TheKingdom:
So if PDP/ APC are the same according to the OP, then join IPOB...

You say GEJ didnt do this and didnt do that, but really? Do you think the Northerners and Yoruba had his back? Of course not...

illuminated93:
As at may 29 2015,a dollar was exchanged for 248-250 naira. Stop telling lies.
Come to think of it, even if dollar was 180 like you claimed, the refined fuel you import is it being paid for in naira?
The raw materials,pharmaceuticals, military hardwares,etc,are they been paid for in naira?
Your analysis would have been apt if nigeria did little importation,meaning we have no need for the dollar.
I love your analysis anyways,but it holds no water here.
Example:if an armoured tank costs 11000 dollars for one. During gej era, he only needs to sell 100 barrels of crude to buy one. On the other hand, buhari needs to sell about 200+ barrels to buy one. So you see,it holds no water.

Point to​ note here, oil sales are in dollars but things are done in Nigeria with naira and since oil sales is our main source of income, the sales proceeds have to be converted to naira before it can be used to execute projects here, that's the point you are missing. No one is talking of buying foreign equipments here. The budget of​ this nation is in naira, the proceeds from oil sales is used to finance a larger part of it. You should try and remove bias so you can comprehend this whole thing. Buhari have no excuse not to perform.

Warship:
Buhari's recession has not reset the brain of this Op.

Maybe he is not based in Nigeria

U see some of u guys are just wicked or being duumb. In 2014 Okonjo Iweala as d minister finance told us to prepare for Austerity measure, have u taken ur time to check for d meaning of "Austerity". She was preparing our mind for recession, she knew dey ve mismanaged our economy and she knew we will go into recession but u guys are now blaming PMB for GEJ failures. Well their is hunger in d land so pple really don't reason well dis days.

MendeZ:



Point to​ note here, oil sales are in dollars but things are done in Nigeria with naira and since oil sales is our main source of income, the sales proceeds have to be converted to naira before it can be used to execute projects here, that's the point you are missing. No one is talking of buying foreign equipments here. The budget of​ this nation is in naira, the proceeds from oil sales is used to finance a larger part of it. You should try and remove bias so you can comprehend this whole thing. Buhari have no excuse not to perform.

U are so funny my man, we import virtually everything in dis country and u do dat with dollar not naira. During GEJ era we made a lot of dollars from crude oil sale meaning d importers cud easily access dollar from CBN. So wen an importer access dollar with low exchange rate, we can buy d imported goods/materials @ low cost but rite now d price of crude oil has crashed so badly dat we do no have enough to go round. So d importers end up getting d dollars @ high rate 400 to a dollar meaning we d consumer have to pay more for d goods/raw materials dat is why d prices of goods/fuel/raw materials sky rocketed.
My anger with GeJ is dat he didn't save for d raining days rather he supervised d looting of our hard earned dollars by his govt. He emptied our treasury and didn't do much in terms of infrastructures even our Niger Delta benefited nothing from his presidency. So many corrupt elements became billion over night. He landed us into dis mess and since Nigerians are hungry dey just blame PMB for d recession.

Let us leave Jonathan alone. A lot of Bayelsa people would not have produced him as their first choice for President. Jonathan was a creation of Yoruba / Northern Ex Generals.

The reason Nigerians are suffering today is because of the high cost of goods. A large amount of these goods or the materials used for producing them are imported. Presently, there is not enough dollars to go round cos oil price has dropped,and the importers spend a lot buying dollars,it's only sensible for them to increase the price at which they sell these goods to ensure they don't run a loss.
If you want to talk about budget ,you'll have to bring inflation into the mix. And what drives inflation?
Like I mentioned I don't either of them,so don't think I'm being partisan.

MendeZ:



Point to​ note here, oil sales are in dollars but things are done in Nigeria with naira and since oil sales is our main source of income, the sales proceeds have to be converted to naira before it can be used to execute projects here, that's the point you are missing. No one is talking of buying foreign equipments here. The budget of​ this nation is in naira, the proceeds from oil sales is used to finance a larger part of it. You should try and remove bias so you can comprehend this whole thing. Buhari have no excuse not to perform.

Pmb too should be blamed for the state of things.
He made grave mistakes. Why should he have waited for6months before appointing the so called saints as ministers?

agbangam:


U see some of u guys are just wicked or being duumb. In 2014 Okonjo Iweala as d minister finance told us to prepare for Austerity measure, have u taken ur time to check for d meaning of "Austerity". She was preparing our mind for recession, she knew dey ve mismanaged our economy and she knew we will go into recession but u guys are now blaming PMB for GEJ failures. Well their is hunger in d land so pple really don't reason well dis days.

We Will Continue To Be Fools In This Country. I See No Changes. Youth Will Only Continue To Fool Theirselves By Calling Themselves Leaders Of Tommorrow When We Are Sure Those Oldies Will Continue To Rule Till Kindgdom Come. Stupid Country,foolish Leader.

So what do you suggest we do?

hadex90:
We Will Continue To Be Fools In This Country. I See No Changes. Youth Will Only Continue To Fool Theirselves By Calling Themselves Leaders Of Tommorrow When We Are Sure Those Oldies Will Continue To Rule Till Kindgdom Come. Stupid Country,foolish Leader.

illuminated93:
So what do you suggest we do?

let us just think of a way we can help ourselves survive because those stupid govt have nothing to offer us. to be candid any youth cannot attain a leadership position without the help of those oldies and that is not an option. i would have suggested violence because that is the only language those old fools understand, they eventually listen to Naiger Delta Avengers, They Negotiated With Bokoharam and the fulani herdsmen but its only the people that still suffer for that. so my conclusion ONLY GOD CAN SAVE US

Guy the person u are talking about has received worldwide recognition. Took our economy to the 3rd fastest growing economy in d world. First in Africa. And he is well celebrated anywhere in Nigeria. Or u didn't hear northerners shouting come back, come back. Wen he went for maitama sule family visit. The biggest party in Africa. He is the one spearheading it now. Everybody listens wen he talks. He or more has d final say. Go to d street and ask about GEJ. Then u will know all d rubbish u said, is just a figment of Ur brain. So please keep it to urself. Before u get lynched in public. For saying things like this.

And my advice as a friend. U guys said u don't want GEJ he has left in peace. so why are u still bringing up his matter almost 3years after?. Wats Ur purpose?