Tetehjewels:
OP are you the illegitimate child of the buffoon called Goodluck Jonathan?

I ask this because you both reason alike....like dullards

James4bright:


Not everyone can see the truth when its being told. Thank you.

Tetehjewels:


Your so called truth is coming from a very dull source

James4bright:


This is factual, embrace it or not, the truth must be told. You could enlighten me more, since you claim to be the intellectual lad.

James4bright:
The All progressive congress has had its turn and trust me it wasn't to eradicate poverty but rather it brought about enormous poverty and mass suffering. This Article is being writing for the sole purpose of pin pointing out the errors of this administration that led to the recession of our great nation Nigeria. Even as we undergo a poverty like never before, some irrational beings would still try to see reasons as to the fact that the intensity of the mass suffering isn't as a result of the Presidential power being controlled by the All progressive congress.

Rather than beating around the point, let's look into how Nigeria got into this recession. Who still remembers how Goodluck Ebele Jonathan tried to get rid of the fuel subsidy but due to severe agitation by the masses he reconsidered, but in the case of this administration our honourable President gladly got rid of the subsidy even with the pleads and warning of the intensity of the poverty that would be unleashed if he did so, but he didn't consider but carried out his wish. Firstly, what's a subsidy, its a certain amount being paid for the cost of production of a commodity or product by the government, in order for the price of that commodity to fall, so as citizens can afford it. In this case our government pay for the cost of production of fuel in order to make the price a good fit for an average Nigerian and to prevent a rise in the price of commodities, before the fuel subsidy was gotten rid of by this administration, a promised was made to make the Nigerian refineries functional, but still they aren't functional even as the 4 years tenure comes to an end.

This administration isn't fighting poverty but messing with the mindset of the masses. If poverty truly wants to be fought against, this administration has enough revenue to head on with such intent. Who still remembers the money gotten from the ghost workers and other corrupt persons that was convicted by this administration, why not focus on the refineries first, knowing fully well that this would alienate poverty enormously, because fuel price would fall there by reducing the cost of production and the prices of commodities within the country.

Let's now look into the huge debt amount being owed by this administration, over N22 trillion or more. But masses are still suffering. If our honourable President wants to get rid of this the enormous poverty inflicted upon the masses, he could, by carrying out insightful decisions. But he would rather carry on with the delusional fight against corruption which he obviously knows would excite the masses, while the money being recovered becomes void and goes into the pocket of our secret looters, and let's try not to forget that this administration promised to reduce the fuel price down to N45, but a contrary motion was taken entirely, here we are battling inflation and poverty.

Tetehjewels:


Let me tell you why I called you a dullard.

Okonjo Iweala who was GEJs Finance minister was among the first to warn about an imminent recession due to the useless administration of GEJ.

Sanusi warned about same and got sacked.

Soludo warned about same.

You sit there and write a fantasy piece when realists about already declared the reason for our past recession and that reason was GEJ of PDP

Tetehjewels:
OP are you the illegitimate child of the buffoon called Goodluck Jonathan?

I ask this because you both reason alike....like dullards

Tetehjewels:


Let me tell you why I called you a dullard.

Okonjo Iweala who was GEJs Finance minister was among the first to warn about an imminent recession due to the useless administration of GEJ.

Sanusi warned about same and got sacked.

Soludo warned about same.

You sit there and write a fantasy piece when realists about already declared the reason for our past recession and that reason was GEJ of PDP

James4bright:
The All progressive congress has had its turn and trust me it wasn't to eradicate poverty but rather it brought about enormous poverty and mass suffering. This Article is being writing for the sole purpose of pin pointing out the errors of this administration that led to the recession of our great nation Nigeria. Even as we undergo a poverty like never before, some irrational beings would still try to see reasons as to the fact that the intensity of the mass suffering isn't as a result of the Presidential power being controlled by the All progressive congress.

Rather than beating around the point, let's look into how Nigeria got into this recession. Who still remembers how Goodluck Ebele Jonathan tried to get rid of the fuel subsidy but due to severe agitation by the masses he reconsidered, but in the case of this administration our honourable President gladly got rid of the subsidy even with the pleads and warning of the intensity of the poverty that would be unleashed if he did so, but he didn't consider but carried out his wish. Firstly, what's a subsidy, its a certain amount being paid for the cost of production of a commodity or product by the government, in order for the price of that commodity to fall, so as citizens can afford it. In this case our government pay for the cost of production of fuel in order to make the price a good fit for an average Nigerian and to prevent a rise in the price of commodities, before the fuel subsidy was gotten rid of by this administration, a promised was made to make the Nigerian refineries functional, but still they aren't functional even as the 4 years tenure comes to an end.

This administration isn't fighting poverty but messing with the mindset of the masses. If poverty truly wants to be fought against, this administration has enough revenue to head on with such intent. Who still remembers the money gotten from the ghost workers and other corrupt persons that was convicted by this administration, why not focus on the refineries first, knowing fully well that this would alienate poverty enormously, because fuel price would fall there by reducing the cost of production and the prices of commodities within the country.

Let's now look into the huge debt amount being owed by this administration, over N22 trillion or more. But masses are still suffering. If our honourable President wants to get rid of this the enormous poverty inflicted upon the masses, he could, by carrying out insightful decisions. But he would rather carry on with the delusional fight against corruption which he obviously knows would excite the masses, while the money being recovered becomes void and goes into the pocket of our secret looters, and let's try not to forget that this administration promised to reduce the fuel price down to N45, but a contrary motion was taken entirely, here we are battling inflation and poverty.

BluntBoy:


The Economist, Sanusi, Soludo and many experts were among those who saw the recession even before Buhari became president.

The Economist categorically warned Goodluck to combat corruption and vigorously embrace savings to avoid the recession.

Toward the 2015 election, Soludo said that no matter who won between GEJ or Buhari, Nigerians will face a hard time.

Only an illiterate would think that recession just happen like that. Recessions build over time. It is not like Buhari met a great economy and plunged it into a recession.

Guestlander:

Illiterates are very dishonest people.

Brace for tougher times ahead, Okonjo-Iweala tells Nigerians ...
...
Nov 14, 2014 -

Nigerians should brace for tougher economic times ahead, the Minister of Finance, Ngozi Okonjo-Iweala, has said as crude oil prices slipped to .




https://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html.

FG introduces austerity measures

FG introduces austerity measures ON NOVEMBER 17, 2014


By Emma Ujah, Abuja Bureau Chief ABUJA—The Federal Government, yesterday, introduced some austerity measures and scaled down the crude oil bench mark for the 2015 budget. In a bid to insulate the economy from falling crude oil prices the federal government announced far-reaching policy measures to deal with the crashing crude oil prices, cutting 2015 oil benchmark from $78 to [b]$73 per barrel. [/b]Crude oil prices dropped to $77.76 per barrel, some cents below the $78 earlier proposed to the National Assembly as bench mark for the 2015 budget.

https://www.vanguardngr.com/2014/11/fg-introduces-austerity-measures/

deomelo:




Useless okonjo telling us that hardship is coming in 2014

Yyeske:
D'ont mind those kids who because of cheap data on their phones they think they can rewrite history, recent history at that.
As late as 2010 during the American shale oil leap, countries heavily dependent on oil like Nigeria were advised to save by world experts, countries in the middle east, North Africa, Norway and even Russia were busy saving but spendthrift countries like ours instead spent what has been saved earlier with nothing to show for it in terms of infrastructure.
Local and international economic experts like Mrs Okonjo, Soludo etc even predicted what would become of the economy irrespective of who wins the 2015 election but these neophytes with nothing in their skulls would want us to believe the recession started on May 29th 2015.
Other spendthrift countries like Angola and Venezuela are still battling on how to go about their recession but these ingrates would never appreciate what Buhari had done.

Guestlander:


God bless you.

Yyeske:
D'ont mind those kids who because of cheap data on their phones they think they can rewrite history, recent history at that.
As late as 2010 during the American shale oil leap, countries heavily dependent on oil like Nigeria were advised to save by world experts, countries in the middle east, North Africa, Norway and even Russia were busy saving but spendthrift countries like ours instead spent what has been saved earlier with nothing to show for it in terms of infrastructure.
Local and international economic experts like Mrs Okonjo, Soludo etc even predicted what would become of the economy irrespective of who wins the 2015 election but these neophytes with nothing in their skulls would want us to believe the recession started on May 29th 2015.
Other spendthrift countries like Angola and Venezuela are still battling on how to go about their recession but these ingrates would never appreciate what Buhari had done.

Yyeske:
Bless you too, funny enough it is the same people who orchestrated the recession on us by not saving and spending all that was earlier saved that they want us to vote in but reject the people bold enough to pull us out from it, how possible is that?

James4bright:


If only you understood how much was improperly utilized by Buhari for his medical bills and his vacations in the US, you'd think before you type. Election is on and more funds is being wrongly embezzled.

James4bright:
[s]The All progressive congress has had its turn and trust me it wasn't to eradicate poverty but rather it brought about enormous poverty and mass suffering. This Article is being writing for the sole purpose of pin pointing out the errors of this administration that led to the recession of our great nation Nigeria. Even as we undergo a poverty like never before, some irrational beings would still try to see reasons as to the fact that the intensity of the mass suffering isn't as a result of the Presidential power being controlled by the All progressive congress.

Rather than beating around the point, let's look into how Nigeria got into this recession. Who still remembers how Goodluck Ebele Jonathan tried to get rid of the fuel subsidy but due to severe agitation by the masses he reconsidered, but in the case of this administration our honourable President gladly got rid of the subsidy even with the pleads and warning of the intensity of the poverty that would be unleashed if he did so, but he didn't consider but carried out his wish. Firstly, what's a subsidy, its a certain amount being paid for the cost of production of a commodity or product by the government, in order for the price of that commodity to fall, so as citizens can afford it. In this case our government pay for the cost of production of fuel in order to make the price a good fit for an average Nigerian and to prevent a rise in the price of commodities, before the fuel subsidy was gotten rid of by this administration, a promised was made to make the Nigerian refineries functional, but still they aren't functional even as the 4 years tenure comes to an end.

This administration isn't fighting poverty but messing with the mindset of the masses. If poverty truly wants to be fought against, this administration has enough revenue to head on with such intent. Who still remembers the money gotten from the ghost workers and other corrupt persons that was convicted by this administration, why not focus on the refineries first, knowing fully well that this would alienate poverty enormously, because fuel price would fall there by reducing the cost of production and the prices of commodities within the country.

Let's now look into the huge debt amount being owed by this administration, over N22 trillion or more. But masses are still suffering. If our honourable President wants to get rid of this the enormous poverty inflicted upon the masses, he could, by carrying out insightful decisions. But he would rather carry on with the delusional fight against corruption which he obviously knows would excite the masses, while the money being recovered becomes void and goes into the pocket of our secret looters, and let's try not to forget that this administration promised to reduce the fuel price down to N45, but a contrary motion was taken entirely, here we are battling inflation and poverty.
[/s]