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Opinion:buhari’s Foreign Trip Finally Paying Off by 9jabuzzblog: 12:28am On Feb 26, 2016
Editor’s Note: Now the results of Buhari’s traveling are coming into limelight. His travels are finally paying off. Dollar is gradually coming down because investment is gradually entering Nigeria. Buhari has also been able to communicate with other Oil Producing States and proffered the best way to tackle the problem of the low oil price in the foreign market. Victor Ndukwe, an author and a political analyst, insists President Buhari’s foreign trips is Nigeria’s saving grace.
When the current administration entered into government, they promised that they would fight corruption, provide employment and build the economy of Nigeria.

“I feel spiritually strong enough and physically agile to give every sacrifice in our bid to salvage our dear nation from imminent economic and social disintegration.” “On corruption, there will be no confusion as to where I stand. Corruption will have no place and the corrupt will not be appointed into my administration. First and foremost, we will plug the holes in the budgetary process. Revenue producing entities such as NNPC and Customs and Excise will have one set of books only. Their revenues will be publicly disclosed and regularly audited. The institutions of state dedicated to fighting corruption will be given independence and prosecutorial authority without political interference. We will stop corruption and make the ordinary people, the weak and the vulnerable our top priority.”

However with the recent increase in the dollar price over the last few weeks, Nigerians have been compelled to ask if Mr. President seriously knew what he was doing. To make matters worse, the opposition party, PDP accused Buhari of traveling abroad all the time while the country was in turmoil. Many lamenters had already declared Naira dead and all that was just remaining was the official obituary pictures of Naira.

Even though the Buhari’s administration had not been known for extravagant spending and wasting of the country’s reserve on irrelevant stuffs, he is still blamed, blamed for curse of a botched and bungled economy he inherited from the past economy.

Many of these critics has used this dollar price increase in the past few weeks as an opportunity to conceal their sob tale of not being able to soothe their frenzied appeal for foreign product, and the opposition party has exultantly made an occasion out of the horrendous status quo to thump at Buhari, whose recent anti-corruption policy has smacked and smashed on them hard.

“Why was Mr. President travelling even when our economy was in crises?” many asked. Many wondered if he was blind to the current situation of things in the country. Yet many thought it was due to his lack of economic intellect and naivety in handing the post of the president.

Suddenly, there were people clamoring for the devaluation of Naira. Let me quote a certain governor who made a hilarious statement:

“With the gap between the official rate of N199 and open market rate of over N400 to one dollar, Naira has already been devalued. Therefore, President Muhammadu Buhari must stop deceiving himself and short-changing Nigerians, especially States and Local Councils in the country with his Forex Policy.”

I call this hilarious because you would expect that before an intelligent governor opens his mouth and talks trash, he should have evaluated the consequences in the future. Devaluation has its negative effects which is what Nigeria doesn’t need now. Devaluation would cause inflation, increase in the cost of living and would reduce the standard of living. Yes, the so-called governor might survive in his temple but what of the poor masses.

Someone said Mr. President was the most imprudent president Nigeria has ever had. I wish to quote otherwise and instead say that Buhari is the most rational and logical president Nigeria has to date. He is bold and intrepid; even when many people called for the devaluation of the dollar (because, of course, they have something to gain from it), he maintained his stance. He has chosen to surround himself with the best advisers and honest scholars, at least to make due for the not-much education he has. That is a sign of a president that is willing to serve; he doesn’t let his disadvantage work for him.

Now many have been asking, “What does Buhari do all the time abroad?” You want to know? Well he is trying to clear up the mess the past administration made. When Minister of Information, Lai Mohammed said Buhari was trying to save Nigeria from the condition of being a pariah state, he meant it. No one was ready to invest in Nigeria before. Now they are; now they’ve seen a man who can stand out and say NO to corruption. Now, they feel safe investing knowing their investments is secured and fortified.

Now the results of Buhari’s travelling are coming into limelight. His travels are finally paying off. Dollar is gradually coming down because investment is gradually entering Nigeria. Buhari has also been able to communicate with other Oil Producing States and proffered the best way to tackle the problem of the low oil price in the foreign market. Saudi Arabia has accepted. Iran is to accept soon. Those corrupt people in Nigeria hiking the dollar price unnecessarily are finally realizing that Buhari is really mean on improving the economy of Nigeria. Now they are rushing to offload their dollar, least they suffer the highest blow. All are advantages of Mr. President’s foreign trips.

Source: 9jabuzz.com.ng

Re: Opinion:buhari’s Foreign Trip Finally Paying Off by suruwilliams(m): 12:32am On Feb 26, 2016
grin
Re: Opinion:buhari’s Foreign Trip Finally Paying Off by vkon2(m): 12:34am On Feb 26, 2016
Somebody should please summaries this, so I can comment
Re: Opinion:buhari’s Foreign Trip Finally Paying Off by Nobody: 12:56am On Feb 26, 2016
N1 = $1.. IJN
Re: Opinion:buhari’s Foreign Trip Finally Paying Off by Adonis3: 1:33am On Feb 26, 2016
Youngreinhard:
N1 = $1.. IJN

amen

#Adonis3HasSopken
Re: Opinion:buhari’s Foreign Trip Finally Paying Off by Nobody: 5:04am On Feb 26, 2016
It will all end in praise , I am so sure.

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