afesco:

Ur assertion that there was no single project under GEJ is not only ludicrous but a grotesque distortion of the truth. These are some of d projects initiated and completed under GEJ:
1. 12 new universities
2. 120 almajiri schools
3. Revival of Lagos-Kano rail
4. Converting Enugu airport to international
5. The YouWIN Scheme

sure-p and youwin was a scam,
Where is the Lagos -kano rail that was completed by your ineffectual buffoon.?
Where is the enugu international airport?
120 class room in 6yrs, what an end time achievement .

mbos:
lifeless country giving bribe to Forbes for Image making

Forbes dont worry we no better.

So Forbes has been polarized by Nigeria they now take bribe too.. guy kiss the truth, Jonathan remain the worst leader this country ever had.

Buterflyle0:


Education has indeed gone to the dogs.

Investment is for a future reward but never excludes SPENDING.

Spending is not for an immediate specific need when tied to INVESTMENT.

We are not talking about spending here oh you ignorant one. This OP was all about infrastructure, diversification of the economy via investments into various sections of the economy.

I don't even know why you we finding the simplest of things so difficult. Perhaps its due to your secondary school levels of reasoning.

Ogbeni go and get some much needed education. You are running on fumes with the little you got.

The op was a lie oh deluded zombie. It was an op-ed not based on facts and never mentioned Nigeria as being best economy. Moreso, the website is not Forbes.
Stop confusing urself muddling investment and spending together just to sound learned. It just shows ur shallow or near-zero knowledge of economics or accounting.
I usually don't have time for scums like you, but I'm free to pull ur ears today
This govt can't claim to be doing massive spending on infrastructure and diversification as you claim when it's budget performance as never exceeded 30% since inception never mind the phantom trillions embedded therein

Buckubuck:

The op was a lie oh deluded zombie. It was an op-ed not based on facts and never mentioned Nigeria as being best economy. Moreso, the website is not Forbes.
Stop confusing urself muddling investment and spending together just to sound learned. It just shows ur shallow or near-zero knowledge of economics or accounting.
I usually don't have time for scums like you, but I'm free to pull ur ears today
This govt can't claim to be doing massive spending on infrastructure and diversification as you claim when it's budget performance as never exceeded 30% since inception never mind the phantom trillions embedded therein

Now here comes the goal post shift as expected.

When their idiocy is exposed they now want to shift goal posts .

I repeat, spending when tied to INVESTMENT does not focus on immediate profit or immediate needs because such investments can be infrastructural in nature. Your obtuse mind still cannot latch on to this.

We are not talking about ACCOUNTING on this thread but ECONOMY. Get that into your obtuse head as you attempt to shift the goal post.

So the trillions budgeted is imaginary, yet the same imaginary trillions was approved after passing through the other arms of government? The opposition couldn't call it phantom trillions but you an armchair critic can?

Go and take several seats. You cannot even process half of what you read which is why you keep responding with inanities.

Freetech:


Another face saving. Please tell us what the exchange was in 1985 before ibb and False the SAP managers started devaluation of Naira.

Again even if you cannot start from 1985, you can at least start from Obj in 1999. Devaluation of national currency is economic management tool used all over the world including big countries like, America,UK and even Russia.

under Buhari between 1983 n 1985, Buhari completely destroyed the value of the naira against the dollar.

Buterflyle0:


Now here comes the goal post shift as expected.

When their idiocy is exposed they now want to shift goal posts .

I repeat, spending when tied to INVESTMENT does not focus on immediate profit or immediate needs because such investments can be infrastructural in nature. Your obtuse mind still cannot latch on to this.

We are not talking about ACCOUNTING on this thread but ECONOMY. Get that into your obtuse head as you attempt to shift the goal post.

So the trillions budgeted is imaginary, yet the same imaginary trillions was approved after passing through the other arms of government? The opposition couldn't call it phantom trillions but you an armchair critic can?

Go and take several seats. You cannot even process half of what you read which is why you keep responding with inanities.

Save yourself the stress
Enrol in remedial
If you don't know the relationship between accounting and economics, then ur case is beyond me
This also explains why you don't know the difference between budget process and performance
The budget has never performed beyond 30% which in real terms means it basically cannot meet our recurrent needs not to talk of funding ur so-harped investment

Buckubuck:


Save yourself the stress
Enrol in remedial
If you don't know the relationship between accounting and economics, then ur case is beyond me
This also explains why you don't know the difference between budget process and performance
The budget has never performed beyond 30% which in real terms means it basically cannot meet our recurrent needs not to talk of funding ur so-harped investment

investment

Further goal post shifting attempts when all else fails .

Go get some schooling done son. You have an echo between your ears.

I do not care about budget processes or performance because that is not what this thread is about.

Also this thread is not about accounting, if it were, we would be dealing with figures strictly and not talking about abstracts like projections, or planning towards infrastructure.

If you cannot see what this thread is about and choose to throw up red herrings everywhere then stop typing and save yourself from further embarrassment.

Nobody is forcing you to type with a gun to your head you know? Wetin you no know, you no know am.

QED!

PrecisionFx:


under Buhari between 1983 n 1985, Buhari completely destroyed the value of the naira against the dollar.

So buhari is now your PDP who ruled for 16 years and bastardized the naira through devaluation?

Wailer for any reason even when false. Continue

Buterflyle0:


I am a business man too and I have profited immensely even now than I did pre 2015

That's why I said you're political. Even dangote dropped.

If you sell prayer mat and onions anyway.

Buterflyle0:
The most annoying thing is that the media would never publish this sort of news. But would be quick to publish all manner of negatives

The problem is buhari has a useless Minister of Information. it is his job to create awareness of the good things of the adminstration.

Buterflyle0:
investment

Further goal post shifting attempts when all else fails .

Go get some schooling done son. You have an echo between your ears.

I do not care about budget processes or performance because that is not what this thread is about.

Also this thread is not about accounting, if it were, we would be dealing with figures strictly and not talking about abstracts like projections, or planning towards infrastructure.

If you cannot see what this thread is about and choose to throw up red herrings everywhere then stop typing and save yourself from further embarrassment.

Nobody is forcing you to type with a gun to your head you know? Wetin you no know, you no know am.

QED!

You dummy don't care abt the budget but you believe there's investment. So where's the money coming from? Your fart?
How did you arrive at ur best economy is figures were not dealt with?
Is it by measuring the length of ur dick?
Abeg go siddon. Your foolishness defies logic

Freetech:
Hurray good news to the patriots. Here is the global rating of Nigeria economy so far so good in 2018.

A standing ovation for the wonderful team of PMB.

Forbes rates Nigeria as 2018 best economy in Africa -

https://www.forbesafrica.com/economy/2018/04/09/making-nigeria/

https://www.von.gov.ng/forbes-rates-nigeria-as-2018-best-economy-in-africa/

Do you agree, please present your argument with facts and figures.

Before you begin to write consider the following points.

Technically this government have liquidated all the loans she took so far. Wait before you cry foul. Nigeria total debt @ December 2014 was $67bill this converted to Naira @ N179/$ is N12Trn. However this same amount converted at current exchange rate @ N310/$ is N20Trn. Now add the 5 months salary borrowed to pay civil servants, N200bill subsidy debt and N1trn owe local contractors.

Considering the fact that current debt profile stood at N22Trn @ N310/$ is just $70bill. This is the fact the opposition doesn't want you to know and the reason they only quote Nigeria debt in Naira to deceive lazy Nigeria who cannot think on their own.

While one will forgive not so intelligent Dino, it's highly pathetic that Peter Obi also follow up on this lie.

Below you will also find Nigeria foreign reserve journey to date

Finally, talking about resources available. Comparing the first 3 years of Gej and PMB, Gej made $393bill while PMB made just $96bill. According to the link below Gej depleted foreign reserve to $29bill and PMB grew it to $45bill. You know what they both did with the resources.

Are you still not convinced, take a trip to Venezuela, or Agentina where interest rate is 60%, Greece, Zimbabwe and I'm sure how mismanaged economy look like

December 2014
https://www.vanguardngr.com/2015/07/n12trn- debt-profile-worsens-nigerias-woes/

https://nairametrics.com/nigerias-historical-external-reserves/

Example of mismanaged economy

www-bbc-com.0.i.org/news/business-45360223?iorg_service_id_internal=624173547714020">https://https-www-bbc-com.0.i.org/news/business-45360223?iorg_service_id_internal=624173547714020%3BAfqezR6Gu4uGVZk0

How will this help my career and other youths who are unemployed?

NairaMaster1:


That's why I said you're political. Even dangote dropped.

If you sell prayer mat and onions anyway.

I am a christian from the south and not a Muslim as you erroneously assumed.

Dangote is not my standard for wealth and if he dropped does not mean that all dropped.

Or have you forgotten that during the same recession period some billionaires dropped while others gained which made the worlds richest man to be overtaken by another?

dheilaw1:
frustrated idiotic pigs of Biafra will not see this oo

FAKE NEWSSSSSSSSSSSSSSSS

CHECK THE WEBSITE BELOW , THE ONLY AFRICAN FORBES SITE

https://www.forbesafrica.com/economy/2018/04/09/making-nigeria/

BlackBaron:
Don't know about best.
The economy has certainly tanked and consumer spending is down by over 70%.

My company used to clear N1 million or less over that a month on Konga/Jumia. Towards the tail end of Goodluck's it began to dip. In Buhari tenure, we're effectively doing 60-90% less of what we used to earn in the past.

If this is the 'best economy', then all of Africa is doomed!

DONT MIND THEM. FAKE NEWS
FAKE NEWSSSSSSSSSSSSSSSS

CHECK THE WEBSITE BELOW , THE ONLY AFRICAN FORBES SITE

https://www.forbesafrica.com/economy/2018/04/09/making-nigeria/

lastmessenger:
The report will only make sense if you will return our exchange rate to 200 naira per dollar and then our rice to 9000 per bag. If not, the report is a useless as a pig to Muslim.

FAKE NEWSSSSSSSSSSSSSSSS


FALSE FABRICATED WEBSITE

CHECK THE WEBSITE BELOW , THE ONLY AFRICAN FORBES SITE

https://www.forbesafrica.com/economy/2018/04/09/making-nigeria/

APC AND LIES

Buterflyle0:


I am a christian from the south and not a Muslim as you erroneously assumed.

Dangote is not my standard for wealth and if he dropped does not mean that all dropped.

Or have you forgotten that during the same recession period some billionaires dropped while others gained which made the worlds richest man to be overtaken by another?

When I say you're ignorant, you'll start foaming at the mouth. How Nigeria recession take affect world's richest man?
I'm sure you're muddling up 2009 with 2015 year of ur buhari

Buckubuck:


When I say you're ignorant, you'll start foaming at the mouth. How Nigeria recession take affect world's richest man?
I'm sure you're muddling up 2009 with 2015 year of ur buhari

So you see why I say you have an echo between your ears? So up till now you still have not realised that the 2015 recession WAS A GLOBAL ONE?

You actually think it zoned itself to Nigeria? Chai what a móron.

Read una no want read.

Regarding what I said about world billionaires and the global recession in 2015/2016, read

https://codyshirk.com/billionaires-are-indicating-a-recession-has-already-started/

Buterflyle0:


Take your complaint to PDP who for 16 years of their misrule rule could not give you the utopia you want.

I am not talking about political parties.. All I am saying from the old cliche "what does it profit a man if he gains the whole world and lose his soul".. What would it profit you if you have the biggest economy and yet your foundation is weak"..

I replied you to use the economy to ensure that the gdp per capita income is evenly distributed. I am not here to talk about political parties..

itu404:

These are the kind of enlightenment all want to read here not the abusive and hate spewing lots. thanks a million!

did u take any time to verify the figures if the stick up there? You just swallowed it line hook n sinker lazzzzzy yut, go and do your research very well and you will find out all these figures are against what our own federal ministry of STATS say.

360command:
I am not talking about political parties.. All I am saying from the old cliche "what does it profit a man if he gains the whole world and lose his soul".. What would it profit you if you have the biggest economy and yet your foundation is weak"..

I replied you to use the economy to ensure that the gdp per capita income is evenly distributed. I am not here to talk about political parties..

At your words in bold, that is why this government is very focused on infrastructure especially the nationwide rail link as well as agriculture and further diversification into other areas.

This is to ensure that our GDP receives a boost and the effect of this boost would trickle down to you and me.

All great economies were built this way.

mbos:


FAKE NEWSSSSSSSSSSSSSSSS


FALSE FABRICATED WEBSITE

CHECK THE WEBSITE BELOW , THE ONLY AFRICAN FORBES SITE

https://www.forbesafrica.com/economy/2018/04/09/making-nigeria/

APC AND LIES

Buterflyle0 U been bursted again, Upper cut this time

luveth:



Funny thing is that most of the folks that are against the post refuse to bring facts to counter it. I just keep seeing insults. I, however believe that the media has been Mis-informing people a-lot. So its quite hard to know our current state. A whole lot of selective journalism going on. I am certain though, that after Buhari leaves office, Nigerians will do what they do best and talk about how good he was. Same way they did with Yar-Ardua, Jona.....

1st counter is that this is not FORBES, headline is misleading, 2nd it was doctored news, the real link is pasted three or four post above.
here is o ne of them
https://punchng.com/nigerias-gdp-growth-rate-shrinks-from-2-11-to-1-95-in-q1-nbs/

Buterflyle0:




At your words in bold, that is why this government is very focused on infrastructure especially the nationwide rail link as well as agriculture and further diversification into other areas.

This is to ensure that our GDP receives a boost and the effect of this boost would trickle down to you and me.

All great economies were built this way.

it is a continual project done by the past administration.. The rail and agriculture was carried out in the past. I am not here to talk about political parties but don't try to brag about economy when we know it is not well distributed. When you know we do not have light, water, security..

Buterflyle0:


So you see why I say you have an echo between your ears? So up till now you still have not realised that the 2015 recession WAS A GLOBAL ONE?

You actually think it zoned itself to Nigeria? Chai what a móron.

Read una no want read.

Regarding what I said about world billionaires and the global recession in 2015/2016, read

https://codyshirk.com/billionaires-are-indicating-a-recession-has-already-started/

Like play ur madness don dey wear suit.
There was no global recession in 2015 dummy
The recession affected mostly third world countries like Nigeria who mainly depended on oil due to fall in price of crude
The US and other top economies of the world experienced no recession. As a matter of fact, their economic activities as it concern climate accord led to the recession
You're just too ignorant. Nigeria and Venezuela were the worst hit; ours compounded by attempts at forex control, hike in import duties and unclear economic directions by the new govt

I totally agree, the ERGP was launched by PMB which charts a course for the next four years 2017 - 2020 with a vision of restoring the economic growth, investing in Nigerians and building a globally competitive economy, by focusing on achieving agricultural and food security, ensuring energy efficiency, improving transportation infrastructure and driving industrialization primarily through SMEs and so far, it has recorded great success. we now grow what we eat, undergraduates and business owners now have something to hold on to; N- Power and the MSME that has provided loans to small and medium scale business owners.

Buterflyle0:


So you see why I say you have an echo between your ears? So up till now you still have not realised that the 2015 recession WAS A GLOBAL ONE?

You actually think it zoned itself to Nigeria? Chai what a móron.

Read una no want read.

Regarding what I said about world billionaires and the global recession in 2015/2016, read

https://codyshirk.com/billionaires-are-indicating-a-recession-has-already-started/

Like play ur madness don dey wear suit.
There was no global recession in 2015 dummy
The recession affected mostly third world countries like Nigeria who mainly depended on oil due to fall in price of crude
The US and other top economies of the world experienced no recession. As a matter of fact, their economic activities as it concern climate accord led to the recession
You're just too ignorant. Nigeria and Venezuela were the worst hit; ours compounded by attempts at forex control, hike in import duties and unclear economic directions by the new govt

I'm sure you did not read dat ur fake link wc the owner claimed to copy from Wikipedia. As usual its another op-ed with no fact pointing towards anything. Stop this show of shame. It brings you lower than you already are

Buckubuck:

Like play ur madness don dey wear suit.
There was no global recession in 2015 dummy
The recession affected mostly third world countries like Nigeria who mainly depended on oil due to fall in price of crude
The US and other top economies of the world experienced no recession. As a matter of fact, their economic activities as it concern climate accord led to the recession
You're just too ignorant. Nigeria and Venezuela were the worst hit; ours compounded by attempts at forex control, hike in import duties and unclear economic directions by the new govt

I'm sure you did not read dat ur fake link wc the owner claimed to copy from Wikipedia. As usual its another op-ed with no fact pointing towards anything. Stop this show of shame. It brings you lower than you already are

You are officially a móron with this comment of yours regarding USA.

This is from the below link from wall street Journal which is a 2015 article

NEW YORK—Oil prices capped a second year as one of the worst-performing commodities, as a global glut of crude continued to weigh on the market.

After plunging from more than $100 a barrel to nearly $50 a barrel last year, U.S. oil prices fell 30% in 2015 to $37.04 a barrel. Brent, the global benchmark, fell 35% to $37.28 a barrel.

U.S. prices posted a second straight annual loss for the first time since 1998. Brent prices fell for a third straight year.

https://www.wsj.com/amp/articles/oil-prices-rise-but-supply-glut-caps-gains-1451560147

Your idiocy is irredeemable.

Now you are mentioning Venezuela

I thought earlier you said the recession was just Nigeria due to Buhari.

Buterflyle0:


You are officially a móron with this comment of yours regarding USA.

This is from the below link from wall street Journal which is a 2015 article




https://www.wsj.com/amp/articles/oil-prices-rise-but-supply-glut-caps-gains-1451560147

Your idiocy is irredeemable.

Now you are mentioning Venezuela

I thought earlier you said the recession was just Nigeria due to Buhari.

Now your illiteracy is irreversible and I can see you're committed to a lifetime of willful deceit and economic ignorance

How does fall in oil price translate to global economic recession
You're just wallowing in ignorance. The US economy had no recession in 2015. Nigeria entered recession in 2015, the 1st in 26 years. I challenge you to bring a link showing the US economy or any developed economy for that matter in recession in 2015
Do this and I'll accept ur assertion

FYI the Nigerian recession was due to Buhari's poor handling of our economy as I posited above. Those three factors are what led to the recession
Let me also inform you that Nigeria did not experience recession in 2009 despite the global crisis due to prudent management of the economy
Also, you can't compare Nigeria's GDP with that of Venezuela, so economically, its a shame we ended up in the same boat in 2015 ask thanks to buhari