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Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat - Politics - Nairaland

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Why Tinubu’s Victory Is Buhari’s Defeat / SKC Ogbonnia: How Oshiomhole Will Cause Buhari's Defeat In 2019 / EFCC Slams UK Bank HSBC For Predicting Buhari's Failure (2) (3) (4)

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Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by BeeBeeOoh(m): 7:48am On Sep 13, 2018
The All Progressives Congress has rejected what it described as doomsday prophecies by two British-based institutions about Nigeria’s economy and the 2019 presidential election.

The APC position was contained in a statement by its acting National Publicity Secretary, Yekini Nabena, in Abuja on Wednesday.

The statement was the APC’s response to reports by The Economist Intelligence Unit, the research unit of The Economist, and a multinational banking and financial services company, HSBC.

The Economist had in a report by its EIU predicted that the Peoples Democratic Party would win the 2019 presidential election.

The HSBC also said the second term of President Muhammadu Buhari would stunt the economy of the country.

But Nabena said the reports were nothing but the usual doomsday prophesies about Nigeria, which had serially proved false, deceptive and unreliable.

The statement read in part, “The All Progressives Congress urges Nigerians to regard these ‘expert analyses and prophecies’ for what they are and dismiss them accordingly.

“We should remember similar prophesies and analyses about the political situation in Nigeria made some years back by similar Western institutions.

“It was prophesied that Nigeria would collapse in 2015, resulting in some ethnic nationalities going their separate ways.

“Here we are, nearly four years after the doomsday prophecy; the Nigerian federation rather than collapse is waxing stronger with President Buhari administration striving to unite the country and consolidate positively on the strength of our diversity.”

The party wondered why it was only negative reports that The Economist, HSBC and similar institutions had about Nigeria.

It added that the two institutions did not see all the positive impacts that the APC administration was making in relation to ongoing economic reforms, fight against corruption, infrastructure drive and counter-insurgency.

The APC listed some of the recoveries made from officials of the immediate past administration by the Economic and Financial Crimes Commission as well as increases in remittances by public institutions such as the Joint Admissions and Matriculation Board and the Federal Inland Revenue Service as evidence of the Buhari-led administration’s success in transparency.

In a veiled reference to the ex-minister of Petroleum Resources, Mrs Diezani Alison-Madueke, the statement read, “A former minister in the immediate-past administration who is resident in the United Kingdom is alleged to control enough corruptly-obtained assets whose value if put to productive use could have employed thousands of Nigerians.

“How much of this loot has the United Kingdom, the base of these experts, returned to Nigeria? Of course, these experts are conveniently oblivious of these and many similar cases.

“Rather than consider the plight of Nigerians and campaign for the return of the stolen funds, these institutions have chosen to dissipate energy spewing doomsday prophecies on Nigeria.

“We advise these economic experts to focus on their pressing domestic issues and ponder, for example, on the important question of the role Britain will play in the world, post Brexit.”

Nigeria is doomed if Buhari is elected –SDP, ADC

The Social Democratic Party and the African Democratic Congress have lambasted the APC for defending Buhari.

The SDP National Publicity Secretary, Alfa Mohammed, said, “The APC is only denying what is obvious. The reports are genuine and we know these things already. Of course, we all know that Nigeria will be doomed if a President, who is not in charge, returns for another four years.”

In his reaction, the ADC National Chairman, Chief Okey Nwosu, said, “I wish I could rewind to four years back when the APC was condemning Nigeria’s economy based on the same foreign reports.

“Are these reports true? Yes. The poverty and unemployment index in the country is obvious. Even in agriculture and healthcare, we are not catching up. Our President still goes to same Britain periodically for medical attention.

“The APC has closed its eyes to the truth and has tried to suppress the opposition by all means. It has now extended this condemnation to the international community.

PDP hails reports

The PDP said the reports confirmed its position that Nigerians had rejected Buhari ahead of the 2019 presidential election.

The PDP said Buhari’s rejection was predicated on his alleged failure and the deception of the APC in the last three years.

The National Publicity Secretary of the party, Mr Kola Ologbondiyan, in a statement in Abuja on Wednesday said the findings by the two organisations that President Buhari stood no chance in the general elections and that his winning portended grave danger for Nigeria was in tandem with the stance of majority of Nigerians.

He noted that Nigerians were fed up with Buhari due to his alleged incompetence and unprecedented corruption under his watch.

This, he said, had resulted in the ruining of the nation’s once robust economy, “with attendant mass job loss, ravaging hunger, starvation and disease, as well as escalated insecurity.”

“The world knows the reason the Buhari-led APC administration has resorted to harassment and vicious attacks on the opposition, assaults on the judiciary and the National Assembly, as well as unrelenting machination to compromise the Independent National Electoral Commission to rig the elections.

“This is also the reason President Buhari rejected the amendment to the Electoral Act passed by the National Assembly, which practically checks all APC’s rigging strategies ahead of the 2019 general elections,” Ologbondiyan added.

He said the fear of imminent defeat was the reason Buhari was allegedly against the amendment that checked the use of underage voters, provided for online publication of voter register in addition to instant transmission of results from the polling to collation centres, thus eliminating interferences and planned alteration of results by the APC.

“Nigerians are aware that this APC and INEC have been conniving to secretly create 30,000 illegal polling units in remote areas, as well as registration of compromised observers to validate their machinations.

“Now that Mr President is aware that his approval rating among Nigerians and across the world has hit the rocks despite the many choreographed endorsement stunts by his handlers, the PDP urges him to rein in his lackeys, bury the idea of rigging the elections and get ready to accept an inevitable defeat.”

The National Chairman of the Labour Party, Abdulkadir Abdulsalam, also said the APC would lose the 2019 election as predicted.

He spoke to one of our correspondents on the telephone on Wednesday.

Abdulsalam said, “The British groups merely stated what some of us already know, Nigerians are tired of this government and will vote it out in 2019 if we have a free and fair election.”

APC’s change brought hunger – Kwankwaso

In a related development, a PDP presidential aspirant and a former Governor of Kano State, Senator Rabiu Kwankwaso, on Wednesday said he and others who supported Buhari in 2015 made the “greatest mistake.”

Addressing the Niger State PDP supporters at the party’s secretariat in Minna, the former governor said the much talked about change only brought hunger, killings and unemployment.

He said, “I will not support or remain in that type of change. That is why I am back to the PDP to change the change that has brought untold hardship on Nigerians.”

In Kano State, a former Vice-President and PDP presidential aspirant, Alhaji Atiku Abubakar, promised a turnaround in the “current misfortune of Nigerians.”

He spoke while addressing the PDP chieftains and supporters at the residence the party’s state Chairman in Kano, Ma’sud El-Doguwa.

https://punchng.com/stunted-economy-apc-berates-the-economist-hsbc-for-predicting-buharis-defeat/

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by yomi96(m): 7:51am On Sep 13, 2018
reading

2 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by JudasNaCarrot: 7:52am On Sep 13, 2018
APC always disputing even glaring truth with evidence.
Nigeria will not only be doomed if Buhari wins again,but will never recover from the irreparable damage this satanic,tyrannic, focus less, direction less and super corrupt government will bring upon our dear country.

Reject this lifeless man now.....go get your PVC.

144 Likes 13 Shares

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Racoon(m): 7:53am On Sep 13, 2018
grin grin grin cheesy Intolerant santimonious hypocrites.Same people that predicted their victory in 2015 ? They thought these bodies are made of BMO/BMC,NL sai baba zombies or groups that will say what they want to hear.

72 Likes 2 Shares

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Nobody: 7:53am On Sep 13, 2018
BeeBeeOoh:


https://punchng.com/stunted-economy-apc-berates-the-economist-hsbc-for-predicting-buharis-defeat/
For starters , where is Kemi's NYSC certificate?


Cc lzaa onyeoga pointzerom madridguy buhariguy sarrki shalomc iceberg yarimo greenback Alariiwo Roger3d cynthiakiss omenka tossie101

37 Likes 1 Share

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by PassingShot(m): 7:55am On Sep 13, 2018
All these established media houses have proved over and over to be unreliable.

If you doubt me, revisit the prediction about Donald Trump and compare it with what happened.

You can also re-visit the predictions about 2015 where GEJ was predicted to win by many of them in a "very close race" and see what eventually happened.

Indications since the last general elections have pointed to a PMB victory in 2019. No amount of conspiracy can change this sure banker.

3 Likes 2 Shares

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by 93Miles: 8:00am On Sep 13, 2018
[s]
JudasNaCarrot:
APC ......failure
Racoon:
grin grin grin cheesy Intolerant santimonious hypocrites.Same people that predicted their victory in 2015 ? They thought these bodies are made of BMO/BMC,NL sai baba zombies or groups that will say what they want to hear.
immhotep:

For starters , where is Kemi's NYSC certificate?


Cc lzaa onyeoga pointzerom madridguy buhariguy sarrki shalomc iceberg yarimo greenback Alariiwo Roger3d cynthiakiss omenka tossie101
[/s]




Sai Baba till 2023.

Haters go to hell and rot

2 Likes 2 Shares

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by carzola(m): 8:02am On Sep 13, 2018
cry cry baby.....

2 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by viceddy95(m): 8:07am On Sep 13, 2018
Why are they not blaming PDP and Saraki shocked shocked as usual or maybe waiting for the right time to accuse them of sponsoring HSBC grin cheesy APC and buhari failed nigerians and the country....

47 Likes 3 Shares

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Nbote(m): 8:23am On Sep 13, 2018
I'm surprised dey didn't blame PDP for sponsoring those reports

23 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by tribalistseun: 8:28am On Sep 13, 2018
Apc is dead sinnnce

25 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Chri08102702694: 8:30am On Sep 13, 2018
APC is a disaster. They hate the truth.

17 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Splashme: 8:46am On Sep 13, 2018
Buhari's is Nigeria's worst president
since independence

42 Likes 2 Shares

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Nobody: 11:16am On Sep 13, 2018
93Miles:





Sai Baba till 2023.

Haters go to hell and rot
Sai babarism and dullardism grin

Cc lzaa onyeoga pointzerom madridguy buhariguy sarrki shalomc iceberg yarimo greenback Alariiwo Roger3d cynthiakiss omenka tossie101 juliusmalema

25 Likes 1 Share

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by fallout87: 11:18am On Sep 13, 2018
When Economists predicted Buhari victory in 2015, they celebrated.

Now they are lambasting them as false prophets.


Pathetic party and president

31 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by saaron(m): 11:30am On Sep 13, 2018
Typical APC reply when faced with RAW TRUTH! When it favours them, they celebrate it like wild fire. But when it goes against them, they insult like market touts.
The statement read in part, “The All Progressives Congress urges Nigerians to regard these ‘expert analyses and prophecies’ for what they are and dismiss them accordingly.
“We should remember similar prophesies and analyses about the political situation in Nigeria made some years back by similar Western institutions.
“It was prophesied that Nigeria would collapse in 2015, resulting in some ethnic nationalities going their separate ways.
“Here we are, nearly four years after the doomsday prophecy; the Nigerian federation rather than collapse is waxing stronger with President Buhari administration striving to unite the country and consolidate positively on the strength of our diversity.”
Somebody should help me tell these squirrels that the 2015 dooms day disintegration of Nigeria never came to pass because PDP, who are better managers of govt was the party in power, not the goddam APC! The atmosphere when PDP was in power can never be compared to what we have right now under APC govt.
With APC in power and the current social unrest, mass killings and economic calamities bedeviling the country no thanks to buhari's govt Incompetence and Nepotism, Nigeria will cease to exist by 2021 or 22.

8 Likes 1 Share

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by sureheaven(m): 1:19pm On Sep 13, 2018
That economist is a liar, PMB is different from GEJ.

Buhari is undefeated.
Sai baba till 2023

2 Likes 1 Share

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by miqos03: 1:19pm On Sep 13, 2018
Ok
Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by chloride6: 1:19pm On Sep 13, 2018
HSBC and The Economist Are IPOB Pigs

grin grin grin grin

7 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Omeokachie: 1:20pm On Sep 13, 2018
Hahahaha

Trust APC and their predictable emotional reaction.

No proof with facts and figures to counter the prediction.
These are like chief executive that runs a company without strategy and hopes to become the market leader.

It is so refreshing hearing the APC make the quote below...
"It was prophesied that Nigeria would collapse in 2015, resulting in some ethnic nationalities going their separate ways.

Don't forget so soon how APC threatened fire and brimstone, saying they would set up a parallel government etc. if not declared winner of an election that was yet to hold!

All thanks to GEJ, Nigeria would have become another Somalia. He decided to concede despite the massive rigging up north and underage voting.

2019 is around the corner, and the proponents of electoral violence of the dogs and baboons order are in the saddle. They will rather die than vacate those seats when defeated.

APC will bury this country.

16 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by ElectroLyte: 1:20pm On Sep 13, 2018
Lambaste, See Grammar, that cannot repair economy

9 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by asawanathegreat(m): 1:21pm On Sep 13, 2018
Tug of war

1 Like

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by raumdeuter: 1:22pm On Sep 13, 2018
They should leave prediction to TB Joshua

This same economist predicted that Hilary Clinton will most likely win the US election and that Trump has a very little chance.

We know how that went

https://www.economist.com/graphic-detail/2016/10/24/donald-trumps-slimming-chances-of-victory

https://www.economist.com/graphic-detail/2016/11/08/hillary-clinton-has-got-this-probably-very-probably

1 Like 1 Share

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by uwa1(m): 1:23pm On Sep 13, 2018
Even if the report was politically motivated or not, one can deny that there is not at least 50% truth in it....

5 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by NaijaMutant(f): 1:24pm On Sep 13, 2018
Online zombies thinks that by attacking every PDP aspirants and discrediting then by tagging them thieves will dissuade Nigerians.


If a stone contests against buhari
Millions of Nigerians will rather vote a stone than buhari grin

12 Likes 1 Share

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Nobody: 1:25pm On Sep 13, 2018
JudasNaCarrot:
APC always disputing even glaring truth with evidence.
Nigeria will not only be doomed if Buhari wins again,but will never recover from the irreparable damage this satanic,tyrannic, focus less, direction less and super corrupt government will bring upon our dear country.

Reject this lifeless man now.....go get your PVC.
keep deceiving yourself bro

1 Like

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by NaijaMutant(f): 1:27pm On Sep 13, 2018
fallout87:
When Economists predicted Buhari victory in 2015, they celebrated.

Now they are lambasting them as false prophets.


Pathetic party and president

The prophet that predicted there victory
Has now predicted there loss grin

APC will surely lose

12 Likes 1 Share

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Sharpshooota: 1:27pm On Sep 13, 2018
The terrorist party don't like to be criticized...

6 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Worksunlimited: 1:28pm On Sep 13, 2018
raumdeuter:
They should leave prediction to TB Joshua

This same economist predicted that Hilary Clinton will most likely win the US election and that Trump has a very little chance.

We know how that went

https://www.economist.com/graphic-detail/2016/10/24/donald-trumps-slimming-chances-of-victory

https://www.economist.com/graphic-detail/2016/11/08/hillary-clinton-has-got-this-probably-very-probably

Election that was rigged to favour Trump...

1 Like

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by Dpharisee: 1:30pm On Sep 13, 2018
sureheaven:
That economist is a liar, PMB is different from GEJ.

Buhari is undefeated.
Sai baba till 2023

8 Likes

Re: Stunted Economy: APC Lambaste The Economist, HSBC For Predicting Buhari's Defeat by raumdeuter: 1:30pm On Sep 13, 2018
Worksunlimited:
Election that was rigged to favour Trump...

Rigged by who?

Obama was the president you know and openly favoured Hilary

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