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Jonathan’s Biggest Economic Mistakes — Pat Utomi - Politics (2) - Nairaland

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Obasanjo, IBB, Danjuma, Others Running Nigeria With Buhari - Pat Utomi / I Don’t Know What Buhari Should Do, I’ve Stopped Advising People –pat Utomi / In One Sentence, What Is Jonathan's Biggest Mistake? (2) (3) (4)

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Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by kaboninc(m): 11:49am On Feb 01, 2015
tatosh:
Some people are looking for the slightest opportunity to get a visa to run away from Nigeria, in addition they have not seen electricity in their homes for days neither do they have access to good schools and hospitals for their family, yet in the midst of this suffering they will come out and be shouting GEJ & PDP because he's their brother. Shame On them!

We should understand that this struggle is beyond ethnic or religious sentiments, it is a struggle for a better Nigeria. A CHANGE! in government.

Vote for Buhari!


Vote for someone who have no idea whatsoever of what it takes to be a leader? Someone who's not informed? Someone who has no cause attached or linked to his name? Someone who messed up himself when asked about how he intends to ramp up our revenue buy saying he'll stabilise oil prices?

Someone who has never been identified for any charitable work, be it in education, scholarship, health, technology, security, has never been called as either a guest, participants or resource personnel in any leadership programme, training or workshop?

Someone who's only known in Duara and makes headlines with war, fights, violence, revenge instead of peace, harmony, unity, love?

Someone who should be aware of his position today as an Elder Statesman, giving experienced advice and directions (it appears he is bereft of any quality idea). Someone who blew his opportunity while he was the Head of State - the opportunity he took by force and up till today has never apologised for it - yet he is vying for that same position?

If you want to campaign for him, first convince yourself before coming to us.

12 Likes 2 Shares

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by Horlawoomey(m): 12:04pm On Feb 01, 2015
hyfr:
Pat Utomi: "One of the things that strikes me is that,at this age we lack,institutional MEMORY to the extent that we REPEAT so completely mistakes of the PAST".. I got this message loud and clear. Gej for continuity

Mistakes of the past 16 years

We need CHANGE Bro, we can't continue like this

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by ElekeNtioba: 12:13pm On Feb 01, 2015
Splashme:
[size=13pt]1) Pat Utomi was handed the popular Volkswagen Nigeria and he run it aground

2) Same Pat Utomi managed Platinum bank. The bank was weak and forced to merge with Habib to become Bank PHB. Even the Bank PHB, where is it now? We are now hearing of Keystone bank owned by new owners because Patitos gang could not manage it properly.

3) My point is, 'talk is cheap'. Nigerians love to criticise alot especially while outside of government. Pat himself could not manage very minute aspects of the economy to profitability. If Okonjo, Reuben Abati etc where not in govt there would probably be criticising too[/size]

The points he raised here are valid and even the finance minister agrees with him (she has been shouting herself hoarse abt this since). But the greedy politicians would probably never agree until evrytin blows up in their faces.

Leave the messenger and focus on the message.

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by ogmask: 12:57pm On Feb 01, 2015
Splashme:
[size=13pt]1) Pat Utomi was handed the popular Volkswagen Nigeria and he run it aground

2) Same Pat Utomi managed Platinum bank. The bank was weak and forced to merge with Habib to become Bank PHB. Even the Bank PHB, where is it now? We are now hearing of Keystone bank owned by new owners because Patitos gang could not manage it properly.

3) My point is, 'talk is cheap'. Nigerians love to criticise alot especially while outside of government. Pat himself could not manage very minute aspects of the economy to profitability. If Okonjo, Reuben Abati etc where not in govt there would probably be criticising too[/size]

Pls can u explain how he ran down these businesses?
The much i know is that govt policies coupled with uncondusive business climate sent alot of businesses packing.
But i will like to know what transpired so i can be better informed.
I remember platinum bank and i know volkswagen.
Tnx

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by mikolo80: 1:00pm On Feb 01, 2015
gregg2:
I wish we could rewind this country 2 to 3yrs back so we can spot all those that kicked against savings for rainy day. They fought ECA, SWF and oil benchmarks even when Okonjo-Iweala continued shouting and warning us all. This is the list I can remember:

1) House of Reps (PDP, ACN, CPC etc members because constituency projects)

2) Amaechi's faction of governors forum -opposed SWF and ECA savings strongly and up to the courts

3) Punch newspaper and The Nations - they nearly labelled Okonjo-Iweala an enemy of the nation - preaching savings for rainy day when according to them it was already raining

4) Tinubu - I remember an interview he attacked the FG to save it's own share of the federation account if they care but release the states govs share claiming they have a lot to do at home

1 president should stand his ground

2 it is raining seriously.better to use it to solve serious infrastructur problems today

3 they knew that fg will steal the money

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by Kingspin(m): 1:07pm On Feb 01, 2015
Who or what policy is perfect if Pat Utomi is the president another economist will still write what he just wrote. For now, we are making progress one of the fastest world economy.
Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by superstar1(m): 1:19pm On Feb 01, 2015
gregg2:
I wish we could rewind this country 2 to 3yrs back so we can spot all those that kicked against savings for rainy day. They fought ECA, SWF and oil benchmarks even when Okonjo-Iweala continued shouting and warning us all. This is the list I can remember:

1) House of Reps (PDP, ACN, CPC etc members because constituency projects)

2) Amaechi's faction of governors forum -opposed SWF and ECA savings strongly and up to the courts

3) Punch newspaper and The Nations - they nearly labelled Okonjo-Iweala an enemy of the nation - preaching savings for rainy day when according to them it was already raining

4) Tinubu - I remember an interview he attacked the FG to save it's own share of the federation account if they care but release the states govs share claiming they have a lot to do at home

if they had not insisted on sharing, maybe 70BN dollars would have been declared missing.

The one that was not shared was looted by GEJ and his cronies. How can 20Bn dollars be missing? GEJ has spent trillions on military and our army is still as clueless as GEJ himself.

3 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by LRNZH(m): 1:20pm On Feb 01, 2015
kaboninc:


Its so easy when we place blames on others and most dangerously on the wrong person.

This issue you just highlighted was the same issue NOI has been shouting, fighting and praying that these politicians will see reasons. Yet it was one of the problems Amaechi had with GEJ in the Governor's Forum.

Its the same issue these ignorant APC goons keep using as a launching pad for the attack on GEJ for 'wasting' the ECA. Now this same Pat Utomi has come up with his own rag-tag analysis. We should ask what did these same Governors do with their own share of the ECA?

See, we do not know what it takes to become a leader until we become one, until we begin to assume a role as a leader and in fact, a very divided, complicated, complex and dynamic society as ours we'll never know or have an idea of how difficult and most times endangering it could be.

Now one question he asked if I am better off as a person in the last four years? My answer to that is YES. How? Roads have been re-constructed and time wastage on roads have been reduced. I ply these roads. Increased economic activity translates to improved bottom line results. Stable exchange rates, stable prices and a single digit inflation rate even in times of low oil prices - I guess he didn't notice it. Reduced food prices as a result of improving Agricultural sector. Crashed cement prices - affordable housing. Improved maternal health, reduced child birth and maternal mortality. As a creative entrepreneur, I get too many options to choose from in seeking grants (loans) from Micro Finance institutions not banks with their high interest rates. Reduced travel time (remodelled, upgraded airports) for international flights into the Eastern part of the country. YES, improved power supply and security especially here in Lagos. And so much more. Oh, increased allowee for Youth Corps members.

So YES, in four years, my life has been better off.

[b]Do not be deceived.

The governors asked for their share of the ECA and opposed the SWF because of the antecedents of GEJ. Even gov. Akpabio publicly declared on GEJ's campaign train that they ate the money. Mind you, FG takes 54% of this money.

What happened?
The governors noticed that at every FEC meetings, the ECA would dwindle by about $1Billion or slightly less without explanations. They became worried so much that they (both PDP and APC govs) appointed their forum leader - Amaechi to request that the money be shared amongst all tiers of Gov't to avoid the day they would meet at FEC and find nothing left in the ECA.

NOI is not a saint. She has blatantly refused to release the PwC audit report on the NNPC after making promises to release it by Nov. 2014 and by Jan. 2015. Even if she didn't get a dime of that missing $20Billion (I highly doubt), she is complicit in covering up corruption.

Please let us not be deceived. My life has been worse off after 6 years with weaker exchange rate and dwindling power supply.[/b]

7 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by omonnakoda: 1:20pm On Feb 01, 2015
Probably you did not read or did not understand what you read.

The Federal Government receives about 54% of the oil revenue so why did they not apply thi so called benchmark to their own share. Even with the bench mark in place in the budget which is the law the FG has been breaking the law by sharing the ECA when the governors take their share. Yes the governors are ENTITLED to take their share but there should still be 54% of it remaining WHERE IS IT?
Instead the FG has spent it all and BORROWED at an unprecedented rate. NO GOVERNMENT in our HISTORY HAS BORROWED AS MUCH AS THE FG in the last 4 years. No Government has enjoyed as much oil revenue. No Government has had as much money as this government.
Where is it?

Finally what has the FG done to diversify its sources of revenue?
I am sorry we cannot blame the governors and if we must the FG MUST TAKE 54% OF THE BLAME

7 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by Nobody: 1:28pm On Feb 01, 2015
alaoeri:
A TANoid above has already criticise the messenger, characteristics of a typical TANoid, TANoids will disown their own bloods if any objectively criticise this yeye administration, waiting for FFK, OKupe etc to come for Utomi's head.
Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by omonnakoda: 1:29pm On Feb 01, 2015
LEAVE PAT UTOMI ALONE AND DEAL WITH THE POINTS HE RAISED

Every time germane points are raised we start to hear

Buhari is Boko Haram
Soludo is Fulani
Utomi dey bleach
Amaechi is gay...........

We don hear
The bottomlime

AM I BETTER OFF TODAY THAN I WAS 5 or 6 YEARS AGO

I will add to that

DO I BELIEVE ANOTHER FOUR YEARS WILL BRING FURTHER IMPROVEMENT FOR ME

That is the KOKO LEAVE UTOMI ALONE

8 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by chocmanne(m): 1:32pm On Feb 01, 2015
gregg2:


Nigerians love to criticise when they are not in govt.

Why didn't Pat Utomi speak up strongly in support of Okonjo-Iweala and Sanusi Lamido when they were left alone battling the governors and National Assembly on ECA, SWF and budget benchmarks?
of he did speak up strongly in support back then....
our enemies are those thieves called governors and National assembly members, they frustrated the efforts of those guys. It's a pity, i guess it's not to late for us to make corrections

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by Nobody: 1:34pm On Feb 01, 2015
They keep saying Okonjo was shouting; what happens to resigning? Why did not she resigned when they were not listening to her. Yeye dey smell.

2 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by omonnakoda: 1:38pm On Feb 01, 2015
tpacalipse:
They keep saying Okonjo was shouting; what happens to resigning? Why did not she resigned when they were not listening to her. Yeye dey smell.
Okonjo was shouting but FG share is 54% where is it why did the FG not lead by example and save theirs? Rather they spent it all and borrowed more. In fact this government has borrowed more than any government in history.At one point they were saying Nigeria is UNDERBORROWING!! Imagine that underborrowing Borrowing when oil prices were high to pay back when prices are Low.Incredible! That is like borrowing when you are 50years old with the plan to pay when you have retired!!

5 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by LRNZH(m): 1:38pm On Feb 01, 2015
tpacalipse:
They keep saying Okonjo was shouting; what happens to resigning? Why did not she resigned when they were not listening to her. Yeye dey smell.

That is even going too far. Why is she hiding the PwC forensic audit report on the missing $20Billion they sacked Sanusi for exposing.

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by ADJAMES: 2:09pm On Feb 01, 2015
kITATITA:

It is not about Patrick Utomi. It's economics and facts. Is your life better now than four years ago?

Tnx bruv, the attitude we have in this country is to attack the messenger and discard the message. The pertinent question is are we better now than we were 4 years ago? I am not sure an average Nigerian can say yes to that. I guess we need new managers of our commonwealth.
Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by omonnakoda: 2:13pm On Feb 01, 2015
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Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by mrphysics(m): 2:35pm On Feb 01, 2015
UP BUHARI

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by Matthewbriggs(m): 2:38pm On Feb 01, 2015
kITATITA:

It is not about Patrick Utomi. It's economics and facts. Is your life better now than four years ago?

Yes

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by machidoh: 2:39pm On Feb 01, 2015
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Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by chichriso: 2:41pm On Feb 01, 2015
I really understand his annyance, GEJ govt did not favour him thats the real truth.
Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by favourelisha(m): 2:41pm On Feb 01, 2015
Rubbish
Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by Nonsoco80(m): 2:46pm On Feb 01, 2015
Horlawoomey:


Mistakes of the past 16 years

We need CHANGE Bro, we can't continue like this
Some of those people in the past 16 years are now in APC and yet u are here shouting CHANGE. Same old wine in different bottle.

2 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by authenticated: 2:48pm On Feb 01, 2015
Mr utomi, we nigerians are found of blaming the government too much especially, the president. Why did he appointed okonjo who had been with the world bank. Note that , the president is not an economist. Was any write up made by you hitheto. After the effect, you can now talk. Think of solutions and stop putting blames on anybody please.

2 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by anonimi: 2:50pm On Feb 01, 2015
Should anyone be surprised about such negative comments from an APCheat card carrying member
What did Pat Utomi achieve as Economic Adviser to Alhaji Shehu Shagari before that democratically elected government was overthrown by General Muahammadu Buhari?

However LIES and distortions do not change the FACTS on the economic performance of this federal administration led by Dr. Goodluck Ebele Jonathan and Arch. Namadi Sambo






www.nairaland.com/attachments/2077628_BNGI782FMSI1G20150108171624_jpge5bb24791334f05106b071c3170d959d



www.nairaland.com/attachments/2085409_hh_jpeg07b0e6e05a4624e7545331a83b844508



Vote wisely!!!

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by ceejay80s(m): 2:52pm On Feb 01, 2015
All dis one no concern me , if dem like make them sell Nigeria, everybody eye go come down
Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by iyobs7(f): 2:52pm On Feb 01, 2015
Whoever fought for our independence thought he was doing the right thing, Nigeria are slaves to themselves... Even after independence and freedom, Nigerians are unable to discern for themselves and make the right choices...

Until we stop picking holes in government because we ate not a part of it, then Nigeria will get better...

Never surrender your conscience to the theory of a majority...

1 Like

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by vigasimple(m): 2:52pm On Feb 01, 2015
omenka:
I keep asking myself how we ended up with a guy like Jonathan. Intellectually, the guy is just too damn handicapped. He seems to be absolutely ignorant of the least requirements of leadership, let alone, possess same. Then what baffles me even more is how anyone with a brain of a human could support a guy like this to preside over the affairs of a state.

The quote above summarises all there is to the person Jonathan.

Good questions you have asked there.

The answer is FULANI BORN TO RULE.
The leaders are imposed on us unknowingly like Yar Adua with deputy like GEJ.

History tends to repeat itself if we did not learn from those history.

In 1979, Sheu Shagari was imposed on us. He was a Fulani man from Sokoto state.

In 2007, it was Yar Adua, a Fulani man from Kastina state

Fast forward, they are looking to impose on us another Fulani man, Bhuari from Kastina state.

can you see the pattern. They deliberately want to slow down the south.

How can a 72years old grandfather semi illiterate visionless person lead a country like Nigeria.

What happened to the likes of Fashola, Oshiomhole , Okorocha and Kwankwaso etc

GEJ was an accidental President but better than the alternatives and we need him rather unfortunately to stop the North BORN TO RULE.

4 Likes

Re: Jonathan’s Biggest Economic Mistakes — Pat Utomi by PEREP: 2:53pm On Feb 01, 2015
kITATITA:

It is not about Patrick Utomi. It's economics and facts. Is your life better now than four years ago?

As a stakeholder in one of the Nationalized banks handed over to new owners. I am far better off because I have gotten more opportunities opened due to the Nationalization.

As a Nigerian working in Lagos, I have tried to start a small business usin some other pple to run it but when you interface with Lagos State government, you will know it is pay, pay and pay again.

As a person I am better off but as a business in this harsh environment, it is far from it at all.

1 Like

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