GEJ ERA ---------------- PMB now
$1= ₦205. $1= 290
Fuel= ₦80/ltr. Fuel =₦140/ltr
Rice= ₦9500/bag. Rice= ₦14,000bag
Tomato=₦4000bas. Tomato=₦11k/basket
Oninons=₦1500. Oninons=₦11kbasket
Meat=₦900kg. Meat=₦2200/Kilo


Meanwhile no electricty, no good roads, no water, no security, army actting like animals... Nigeria I cry for thee...

Only God can help.. Buhari is trying at the very least i think... Things just dont work out fine immediately. #AndIAmNotEvenABuharist

Where Is President Of Nigeria??
1€ to N400 - Blame GEJ
1£ to 320 - Blame GEJ
1$ to 280 - Blame GEJ
Blocking of Debit and Credit card usage abroad in 2016 - Blame GEJ (And they forgot Foreign countries already pegged usage of Card)
Fuel Scarcity for 3 months now - Blame GEJ
No salary for Civil Servants even during Xmas- Blame GEJ
Your wife is sick - Blame Buhari
You buried your Lover - Blame Buhari
You are in Happy mood - Blame GEJ
You bought PhD - Blame GEJ ( I must answer Dr. Like GEJ)
We only achieved GEJ in 2015, here comes 2016.
When Last did you see Oga Buhari?
I Love Igbos so much because import and export = Igbo ( South-East)

And somebody is going to dash me £1500 as Christmas gift.

tessybrown:
GEJ ERA ---------------- PMB now
$1= ₦205. $1= 290
Fuel= ₦80/ltr. Fuel =₦140/ltr
Rice= ₦9500/bag. Rice= ₦14,000bag
Tomato=₦4000bas. Tomato=₦11k/basket
Oninons=₦1500. Oninons=₦11kbasket
Meat=₦900kg. Meat=₦2200/Kilo


Meanwhile no electricty, no good roads, no water, no security, army actting like animals... Nigeria I cry for thee...

All these jonathanian children who still wallow in ignorance and misinformation never cease to amaze me. As at early December 2014, the naira value was at N155 to $1. But as at May 29th, the value stood at N220 to $1; that was a crash of N65 within 6 months even though global oil prices was still at $65/barrel as at May 2015 and this was at the start of the recession when there should still have been some reserve saved funds to manage the situation.

On the flip side, the value of the naira is about N280 to $1 today; that is a crash of N60 in 7 months and may I state here that crude presently sells globally for $35/barrel and the government of GEJ left basically no saved funds to manage such a situation.

So when next some of you jonathanian infantiles want to politicise the nation's current predicament, may you be reminded that GEJ and his NOI headed economic team did not manage the situation better even though they had much more resources. You will only ridicule yourselves and your god (GEJ) if you continue making this silly comparison.

obailala:
All these jonathanian children who still wallow in ignorance and misinformation never cease to amaze me. As at early December 2014, the naira value was at N155 to $1. But as at May 29th, the value stood at N220 to $1; that was a crash of N65 within 6 months even though global oil prices was still at $65/barrel as at May 2015 and this was at the start of the recession when there should still have been some reserve saved funds to manage the situation.

On the flip side, the value of the naira is about N280 to $1 today; that is a crash of N60 in 7 months and may I state here that crude presently sells globally for $35/barrel and the government of GEJ left basically no saved funds to manage such a situation.

So when next some of you jonathanian infantiles want to politicise the nation's current predicament, may you be reminded that GEJ and his NOI headed economic team did not manage the situation better even though they had much more resources. You will only ridicule yourselves and your god (GEJ) if you continue making this silly comparison.

Receive sense

ican2020:

Receive sense

If you had this sense you talk about, maybe you would have been able to point out exactly what is false in what I said. I would kindly advise you to keep the sense you are giving out, you need it more

We are marching forward La LA LA

obailala:
All these jonathanian children who still wallow in ignorance and misinformation never cease to amaze me. As at early December 2014, the naira value was at N155 to $1. But as at May 29th, the value stood at N220 to $1; that was a crash of N65 within 6 months even though global oil prices was still at $65/barrel as at May 2015 and this was at the start of the recession when there should still have been some reserve saved funds to manage the situation.

On the flip side, the value of the naira is about N280 to $1 today; that is a crash of N60 in 7 months and may I state here that crude presently sells globally for $35/barrel and the government of GEJ left basically no saved funds to manage such a situation.

So when next some of you jonathanian infantiles want to politicise the nation's current predicament, may you be reminded that GEJ and his NOI headed economic team did not manage the situation better even though they had much more resources. You will only ridicule yourselves and your god (GEJ) if you continue making this silly comparison.

Lol
Didn't expect much from a career praise singer
GEJ didn't affect the electricity 3 months into this government
But he affected oil /economy e.t.c

Ur likes accused him of destroying this country d pple voted apc in
7 months later everything is comatose yet it's GEJ

I beg use ur number 6
It's not meant to be idle

What's the economy direction /policy of this government?

HzRF:




Lol
Didn't expect much from a career praise singer
GEJ didn't affect the electricity 3 months into this government
But he affected oil /economy e.t.c

Ur likes accused him of destroying this country d pple voted apc in
7 months later everything is comatose yet it's GEJ

I beg use ur number 6
It's not meant to be idle

What's the economy direction /policy of this government?

My point was very clearly outlined for even a kindergaten pupil to understand. I was simply addressing a general misconception by you jonathanians about GEJ handling the economy (following oil price crash) better than PMB. Like I said, if you are smart, you should have attacked the direct facts and figures I quoted instead of resorting to the all too usual bickering about nothing.

obailala:
All these jonathanian children who still wallow in ignorance and misinformation never cease to amaze me. As at early December 2014, the naira value was at N155 to $1. But as at May 29th, the value stood at N220 to $1; that was a crash of N65 within 6 months even though global oil prices was still at $65/barrel as at May 2015 and this was at the start of the recession when there should still have been some reserve saved funds to manage the situation.

On the flip side, the value of the naira is about N280 to $1 today; that is a crash of N60 in 7 months and may I state here that crude presently sells globally for $35/barrel and the government of GEJ left basically no saved funds to manage such a situation.

So when next some of you jonathanian infantiles want to politicise the nation's current predicament, may you be reminded that GEJ and his NOI headed economic team did not manage the situation better even though they had much more resources. You will only ridicule yourselves and your god (GEJ) if you continue making this silly comparison.

IT IS NOW A SILLY COMPARISON ABI?
BECAUSE THE TRUTH HE SAID IS HURTING U.
BELIEVE IT OR NOT GEJ MAY NOT HAVE LIVED UP TO EXPECTATION BUT HES TENURE WAS BETTER THAN WAT WE ARE SEEING NOW.
BUHARI IS BUZY CLAIMING HEZ FIGHTIN CORRUPTION YET HEZ AMONG THOSE IN DASUKI CORRUPTION CASE... WHAT AN IRONY?

INCASE U FORGOT WAT D BIBLE SAID ABOUT THE TRUTH
KNOW THE TrUTH AND IT SHALL SET U FREE,,,,, GOD dnt tell lies!

HARDBUOI:


IT IS NOW A SILLY COMPARISON ABI?
BECAUSE THE TRUTH HE SAID IS HURTING U.
BELIEVE IT OR NOT GEJ MAY NOT HAVE LIVED UP TO EXPECTATION BUT HES TENURE WAS BETTER THAN WAT WE ARE SEEING NOW.
BUHARI IS BUZY CLAIMING HEZ FIGHTIN CORRUPTION YET HEZ AMONG THOSE IN DASUKI CORRUPTION CASE... WHAT AN IRONY?

INCASE U FORGOT WAT D BIBLE SAID ABOUT THE TRUTH
KNOW THE TrUTH AND IT SHALL SET U FREE,,,,, GOD dnt tell lies!

No it is a silly comarison because while the poster was trying to mock PMB in his analysis, the figures actually say the opposite. Go back and read what I wrote and tell me I am wrong.

You claimed that GEJ managed the recession better than PMB, but yet under GEJ, the Naira lost N65 in 6months (and this is even when oil still sold above $65/barrel. Meanwhile under PMB, the naira has lost N60 in 7 months (even with oil selling at $35 presently). Any person with an education should be able to compare the difference and judge who is doing better. This is just a case of elementary comprehension abilities, except you both are claiming not to have this.

obailala:
No it is a silly comarison because while the poster was trying to mock PMB in his analysis, the figures actually say the opposite. Go back and read what I wrote and tell me I am wrong.

You claimed that GEJ managed the recession better than PMB, but yet under GEJ, the Naira lost N65 in 6months (and this is even when oil still sold above $65/barrel. Meanwhile under PMB, the naira has lost N60 in 7 months (even with oil selling at $35 presently). Any person with an education should be able to compare the difference and judge who is doing better. This is just a case of elementary comprehension abilities, except you both are claiming not to have this.

U SAID THE FIGURES ARE SAYING THE OPPOSITE ... PLS GO BACK TO WAT OP POSTED AND TELL ME HOW.
IT IS NOT ALL ABOUT HOW LONG THE EXCHANGE VALUE TOOK TO GET A CERTAIN LEVEL, BUT ITS ABT THE CURRENT VALUE AT D MOMENT.
WE ARE TALKIN ABOUT SOM1 WHO PROMISED US HE'LL MAK #1 = $1.
BEFORE GEJ LEFT IT WAS $1/#205 OR SO, BUT SINCE PMB TOOK OVER HE CANT EVEN RETURN D EXCHANGE TO DAT VALUE
NOT TO TALK OF MAKIN IT BETTER AS HE PROMISED.
SO WAT ARE U TELLIN ME

obailala:
No it is a silly comarison because while the poster was trying to mock PMB in his analysis, the figures actually say the opposite. Go back and read what I wrote and tell me I am wrong.

You claimed that GEJ managed the recession better than PMB, but yet under GEJ, the Naira lost N65 in 6months (and this is even when oil still sold above $65/barrel. Meanwhile under PMB, the naira has lost N60 in 7 months (even with oil selling at $35 presently). Any person with an education should be able to compare the difference and judge who is doing better. This is just a case of elementary comprehension abilities, except you both are claiming not to have this.

STOP MAKIN MOCKERY OF YURSELF
U SAID THE FIGURES ARE SAYING THE OPPOSITE ... PLS GO BACK TO WAT OP POSTED AND TELL ME HOW.
IT IS NOT ALL ABOUT HOW LONG THE EXCHANGE VALUE TOOK TO GET A CERTAIN LEVEL, BUT ITS ABT THE CURRENT VALUE AT D MOMENT.
WE ARE TALKIN ABOUT SOM1 WHO PROMISED US HE'LL MAK #1 = $1.
BEFORE GEJ LEFT IT WAS $1/#205 OR SO, BUT SINCE PMB TOOK OVER HE CANT EVEN RETURN D EXCHANGE TO DAT VALUE
NOT TO TALK OF MAKIN IT BETTER AS HE PROMISED.
SO WAT ARE U TELLIN ME

You guys are here fighting yourselves while the Idi*t's there eating Chicken Laps and looting.


His Daughter's pair of Shoe is More Expensive than that of Mitchell Obama and yet has says the country is Broke!

They said Jonathan Looted and yet Our Economy was better of South Africa's and Amongst the Top 23rd Rated Globally.

What has this Presido done with the Billions of dollar that have been recovered? Isn't that enough to Revive the Naira [let me not mention the Economy]?

Minister Of Petroleum who doesn't even know how to produce common Kernel oil /Vasline.

HARDBUOI:


STOP MAKIN MOCKERY OF YURSELF
U SAID THE FIGURES ARE SAYING THE OPPOSITE ... PLS GO BACK TO WAT OP POSTED AND TELL ME HOW.
IT IS NOT ALL ABOUT HOW LONG THE EXCHANGE VALUE TOOK TO GET A CERTAIN LEVEL, BUT ITS ABT THE CURRENT VALUE AT D MOMENT.
WE ARE TALKIN ABOUT SOM1 WHO PROMISED US HE'LL MAK #1 = $1.
BEFORE GEJ LEFT IT WAS $1/#205 OR SO, BUT SINCE PMB TOOK OVER HE CANT EVEN RETURN D EXCHANGE TO DAT VALUE
NOT TO TALK OF MAKIN IT BETTER AS HE PROMISED.
SO WAT ARE U TELLIN ME

First of all, the exchange rate at the parallel market was N220 to $1 as at the time of handover in May 2015. The exchange rate was N155 in early December 2014.

Secondly, it is only airheads that still believe and spread the falsehood that PMB said he will make N1 = $1; this issue was thrashed and eventually trashed during the elections. Obviously, only airheadds would still hold on to this even though the only journalist who claimed he heard PMB make this statement in public couldn't provide a recording (meanwhile he alleged that the statement was made in public at a campaign rally).

Now to the matter at hand, only an airhead would claim he/she doesnt know the reason behind the rapid fall in value of the Naira. When a country depends on basically one item for its forex income and the market for that item crashes, there is bound to be a scarcity of forex and with scarcity, the price goes up.

Now both GEJ's government and Buhari's governmment suffered the impact of this oil price crash and recession; GEJ's government at its tail end felt the impact while PMB's government has suffered the impact from day 1. Within the last 6 months of GEJ's reign (Dec'14-May'15), the value of the naira at the parallel market dropped by 42% (N155 to N220) while within the 7 months of PMB's reign, the value of the naira in the parallel market has dropped so far by 27.27% (N220 to N280). This is notwithstanding the fact that even as at handover, the oil prices were still marginally higher than what it is today.

With these figures dangling in your faces, someone who claims to be educated and smart and who wants to politicise the misfortunes of Nigeria now argues that GEJ handled the recession better?.... Even with my explanations, you still CONFIDENTLY think I am making a mockery of myself?... Your case is even more pathetic than I imagined and you keep publishing your ignorance in ALL CAPITAL letters.

obailala:

First of all, the exchange rate at the parallel market was N220 to $1 as at the time of handover in May 2015. The exchange rate was N155 in early December 2014.

Secondly, it is only airheads that still believe and spread the falsehood that PMB said he will make N1 = $1; this issue was thrashed and eventually trashed during the elections. Obviously, only airheadds would still hold on to this even though the only journalist who claimed he heard PMB make this statement in public couldn't provide a recording (meanwhile he alleged that the statement was made in public at a campaign rally).

Now both GEJ's government and Buhari's governmment suffered the impact of this oil price crash and recession; GEJ's government at its tail end felt the impact while PMB's government has suffered the impact from day 1. Within the last 6 months of GEJ's reign (Dec'14-May'15), the value of the naira at the parallel market dropped by 42% (N155 to N220) while within the 7 months of PMB's reign, the value of the naira in the parallel market has dropped so far by 27.27% (N220 to N280). This is notwithstanding the fact that even as at handover, the oil prices were still marginally higher than what it is today.

The exchange rate at the parallel market was not 155 Naira to the US dollar in early December 2014. It was circa 185 Naira. A good Internet search should rejig your memory or even this Nairaland thread:https://www.nairaland.com/68738/how-much-did-exchange-dollar/88

obailala:

First of all, the exchange rate at the parallel market was N220 to $1 as at the time of handover in May 2015. The exchange rate was N155 in early December 2014.

Secondly, it is only airheads that still believe and spread the falsehood that PMB said he will make N1 = $1; this issue was thrashed and eventually trashed during the elections. Obviously, only airheadds would still hold on to this even though the only journalist who claimed he heard PMB make this statement in public couldn't provide a recording (meanwhile he alleged that the statement was made in public at a campaign rally).

Now to the matter at hand, only an airhead would claim he/she doesnt know the reason behind the rapid fall in value of the Naira. When a country depends on basically one item for its forex income and the market for that item crashes, there is bound to be a scarcity of forex and with scarcity, the price goes up.

Now both GEJ's government and Buhari's governmment suffered the impact of this oil price crash and recession; GEJ's government at its tail end felt the impact while PMB's government has suffered the impact from day 1. Within the last 6 months of GEJ's reign (Dec'14-May'15), the value of the naira at the parallel market dropped by 42% (N155 to N220) while within the 7 months of PMB's reign, the value of the naira in the parallel market has dropped so far by 27.27% (N220 to N280). This is notwithstanding the fact that even as at handover, the oil prices were still marginally higher than what it is today.

With these figures dangling in your faces, someone who claims to be educated and smart and who wants to politicise the misfortunes of Nigeria now argues that GEJ handled the recession better?.... Even with my explanations, you still CONFIDENTLY think I am making a mockery of myself?... Your case is even more pathetic than I imagined and you keep publishing your ignorance in ALL CAPITAL letters.

i dont have time to read ur trash!........
WAT WAS THE VALUE OF NAIRA BEFORE JONATHAN LEFT?
AND WAT IS D CURRENT VALUE NOW?
THATS WAT MATTERS....... NOT DIZ TRASH U TYPED HERE!

HARDBUOI:


i dont have time to read ur trash!........
WAT WAS THE VALUE OF NAIRA BEFORE JONATHAN LEFT?
AND WAT IS D CURRENT VALUE NOW?
THATS WAT MATTERS....... NOT DIZ TRASH U TYPED HERE!

You are no more in elementary school bro. You cant just approach situations from the elementary point of view and think you are making sense when there's a big picture to be considered.

obailala:
You are no more in elementary school bro. You cant just approach situations from the elementary point of view and think you are making sense when there's a big picture to be considered.

u make me laff hard..U keep relating ur comments to being smart n stuffz when urself is actually not thinking straight.
''NEARLY DOES NOT KILL A BIRD''........
nobody will ask how long the economy or exchange took bfore it crashes, rather the economy has crashed, thats the fact.
u are actually the one who has been sounding like a kid here.
THE BIG QUESTION U STILL AVOIDING TO ANSWER IS THIS
WHAT WAS THE VALUE OF NAIRA BEFORE JONATHAN LEFT AND WATS D CURRENT VALUE NOW!.
thats wat matters!

HARDBUOI:


u make me laff hard..U keep relating ur comments to being smart n stuffz when urself is actually not thinking straight.
''NEARLY DOES NOT KILL A BIRD''........
nobody will ask how long the economy or exchange took bfore it crashes, rather the economy has crashed, thats the fact.
u are actually the one who has been sounding like a kid here.
THE BIG QUESTION U STILL AVOIDING TO ANSWER IS THIS
WHAT WAS THE VALUE OF NAIRA BEFORE JONATHAN LEFT AND WATS D CURRENT VALUE NOW!.
thats wat matters!

You are obviously lost, I suggest you scroll back up and read about what this thread is all about. It is a direct comparison between GEJ's handling of the situation vs. PMB's handling of the situation. Yet you want to focus on only PMB's side of the fence for obvious reasons and you think that makes sense?

obailala:
You are obviously lost, I suggest you scroll back up and read about what this thread is all about. It is a direct comparison between GEJ's handling of the situation vs. PMB's handling of the situation. Yet you want to focus on only PMB's side of the fence for obvious reasons and you think that makes sense?

are u not still on the comparison ?
btw u started defending PMB first
u also started laying emphasis solely on exchange value.
ill also advice u to go back and read ur first comment.

AND BY THE WAY READ THE CAPTION OF THE THREAD wat does it say?
so dnt tell me im lost, u are the confused!

all my bruhaha fans I command u to receive sense of reasoning now n accept d fact dat he has failed