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Nairaland Forum / Nairaland / General / Politics / How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari (1916 Views)
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How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 8:27pm On May 24, 2016 |
Nigeria's monthly cumulative external reserves dipped significantly in December, 1983 and January 1984 on the heels of Buhari's successive coup toppling the democratically elected civilian govt of Shagari. On new years eve, December 31st, 1983, Major General Muhammed Buhari overthrew the Shagari regime and also plundered our external reserves. The coup did not target military formations and state house alone but apparently the CBN headquarters at Marina, Lagos. Was the mass movement of foreign reserves meant as payments to lobby western politicians in accepting the new regime change? Where withdrawals also made as a precautionary safety net pension in case the coup failed? It is important to note that Nigeria's lowest recorded reserves coincided with the months December, 1983 and January 1984. How come under Mr. Integrity, Nigeria forex movements where negative? Source for chart: http://www.tradingeconomics.com/nigeria/foreign-exchange-reserves 6 Likes |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by fistonati(m): 8:32pm On May 24, 2016 |
I think that's corruption, it wasn't investigated ans that why he looks like he never even spent any money in entire life. Remember he told us he borrowed money to obtain his nomination form from a bank he never did business with. Watching in 3D 5 Likes 2 Shares |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 8:45pm On May 24, 2016 |
fistonati: There were no intl backlash on buhari ceasing power, no sanctions applied on his military junta and buhari was dedicated to repaying western loans at the detriment of investing in Nigeria's development. I dare anyone to mention one project commissioned by Buhari in his 20mth despotic reign. If you say there wasn't enough time, then consider that in less than 3yrs the Obasanjo regime constructed more projects such as Tin Can, MMA, Oshodi-Apapa expressway, National stadium, Festac estate, etc just to mention a few. This man has always been a willing western puppet of derailment and destabilisation. 7 Likes 4 Shares |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 9:03am On May 25, 2016 |
Bump 1 Like 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 11:05am On Jan 04, 2017 |
Buhari is the biggest crook alive 3 Likes 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by idupaul: 11:07am On Jan 04, 2017 |
Every backwardness Nigeria has experienced can be linked directly to Buhari 7 Likes 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 11:11am On Jan 04, 2017 |
VulgarVulvas: Fast forward to present day, we see buhari ready to mortgage our future by selling us to JP Morgan and co. This same hypocrite claimed recently that he was toppled by his peers for his refusal to devalue the niara while it was made clear in the coup speech that announced his removal that Buhari's insistence on borrowing from the world Bank against all reasonable objections was one of the reasons he was toppled. Believe buhari at your own peril 6 Likes 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 11:20am On Jan 04, 2017 |
So now it should not surprise anyone why the ponzi scheming economist known as Obama supported buhari's emergence. Buhari was ever ready to sell Nigeria to dollar bondage for the infamy of being the last President of Nijeriya 3 Likes 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by NuclearWinter: 2:12pm On Feb 15, 2017 |
Bump |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by chriskosherbal(m): 2:13pm On Feb 15, 2017 |
Am just of observing... |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by Igboid: 3:33pm On Feb 15, 2017 |
This one na better thread. 3 Likes 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by TylerDurden: 7:56am On Jul 29, 2018 |
Buhari is a crook and a thief Bloody hypocrites |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by Racoon(m): 7:57am On Jul 29, 2018 |
Same scenario being witnessed today.Recession then & now.Corruption then & now yet he keep shouting "I will pwight kwarrapton" 3 Likes 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 1:49pm On Feb 18, 2019 |
Racoon: It will shock you the unprecedented level of corruption currently going on under Saint Buhari . MDAs are no longer complying with TSA When last did they real out how much is in the TSA? They have bled this country dry with their rabid looting but this time around we will not accept ignorance as an excuse on the part of Buhari. He will be arrested and made to answer for every dime stolen by him and his gang of thieves . 2 Likes 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by allthingsgood: 1:59pm On Feb 18, 2019 |
[s] VulgarVulvas:[/s] Trashy lies |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 2:05pm On Feb 18, 2019 |
allthingsgood: Afonja zombie 2 Likes 1 Share |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by allthingsgood: 2:29pm On Feb 18, 2019 |
VulgarVulvas: Hateful wailing wailer |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by VulgarVulvas: 2:38pm On Feb 18, 2019 |
allthingsgood: I hope you don't buy your own sniper because I know Tinubu has his rat poison close at hand If you can't afford one, simply use the latest afonja burial ground. It is by third mainland bridge . you can't miss it |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by TylerDurden: 2:13pm On Mar 12, 2020 |
bump |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by ican2020: 2:44pm On Mar 12, 2020 |
Okay Na |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by BlackfireX: 2:45pm On Mar 12, 2020 |
What is wrong with this Afonja people, so it is now you know buhari is corrupt.... Just because he and the northerners are now moving against your jagaban / 2023 ambition |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by OK2NVME: 2:02pm On Jul 03, 2022 |
BlackfireX: OSU who is the Afonja and check the date of this thread before you start with your disobedient nonsense here. 1 Like |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by chinae(m): 2:12pm On Jul 03, 2022 |
Must every move go tribal? |
Re: How Buhari Emptied Nigeria's Treasury In One Month After Toppling Shagari by AuschwitzPrefec: 4:01pm On Aug 23, 2023 |
Bump |
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