The Sorry State Of Nigeria Under President Muhammadu Buhari - Politics (5) - Nairaland
Nairaland Forum / Nairaland / General / Politics / The Sorry State Of Nigeria Under President Muhammadu Buhari (34964 Views)
The Sorry State Of Lagos-Abeokuta Expressway Road, A National Embrassment / The Sorry State Of Ohanku, The Road Leading To Enyimba Stadium Aba (photos) / Rejoinder: The Sorry State Of The Nation Under Buhari (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (12) (Reply) (Go Down)
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by Nobody: 4:50pm On Feb 16, 2017 |
i see great and intelligent people in the house so.... firstly.. pls, dont insult me cox am about to ask a kid kinda question.. we know printing more money would make a currency loose value... cause inflation.. and all that.. but as a lay man,. i already see those factors in place, leading to an unbalanced economy.. so my question is.. cant the balance be restored by printing out more money?? cox as it is theres little money in circlation yet inflation and devalue are at its peak.. if more money is printed, depts are settled, i dont expect the inflated commodities to deflate but it remain as it is, with a difference that, it is affordable... oya yab me.. dont insult me o.. |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by kingbet365: 4:54pm On Feb 16, 2017 |
sdindan:fuccck this is corrupting but zombies will not see it |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by nairaman66(m): 4:57pm On Feb 16, 2017 |
dragonking2: Listen, I think everyone should give the APC 16 years before anyone can judge them including you! When the PDP was playing ping pong with Nigeria's finances, where were the likes of you and TonyeBarcanist  It is laughable to say these kind of articules flood Nairaland to justify the wasted years of the PDP! The APC is trying to clean up the mess PDP left Nigeria in. The PDP is an evil party that needs to be resisted on all levels as their agenda is not only satanic but anti-democratic! The PDP should hide their head in shame as we are paying currently for the mess they caused us! 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by marisdgreat(f): 4:57pm On Feb 16, 2017 |
Bolustic:Why r u emphasizing more on GEJ? was he the only President's name u saw there? As if it was only during his tenure that there were massive corruption. So Buhari's tenure is more better than the previous administration, well I don't think so. But I do wonder those that do stand with buhari r they not feeling the negative or they r just pretending. Well with your write up I can see that, U ARE A FOOL AND SADIST TO THE ZOMBIE COMMUNITY. 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by deomelo: 4:58pm On Feb 16, 2017 |
HIGHESTPOPORI: Did the largest economy in Africa prevented Jona and PDP from borrowing hundreds of billions to pay workers salaries? Were you enjoying un interrupted power supply even though PDP looted and stole $20 billion power funds? Were you enjoying quality healthcare? Were you enjoying good roads and bridges Were you enjoying good schools Did it prevent tens of thousands of unemployed young nigerians from showing up for phantom jobs that killed many of them in the process? Did if prevent the PDP from looting your forex reserve and ECA dry Did it prevent jona and Dasuki from looting and sharing billions of dollars Did it prevent PDP looters from looting NNPC dry per all the hundreds of million of dollars showing up all over the place today per EFCC? There's a clear difference between your GDP headache from your daily realities especially when the same people warned you back in 2014 to get ready to suffer. 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by dragonking2: 5:00pm On Feb 16, 2017 |
nairaman66:Why should we give the same people that just finished 16years another 16 years without accomplishing anything? Honestly your blind support for this evil government is adversely affecting you. |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by joe120120(m): 5:01pm On Feb 16, 2017 |
[/color][quote author=TonyeBarcanista post=53767908]By TonyeBarcanista In May 2015 when President Muhammadu Buhari was inaugurated as the 15th President of Nigeria, a lot of expectation was placed on him especially when factoring his numerous promises. Though, I will be fair to him by not judging his performance based on some of his ridiculous and unrealistic campaign promised. [color=#990000]PRE-BUHARI ERA Chief Olusegun Obasanjo Since 1999, Nigerians have been desirous of a better deal from successive administrations for different reasons, a demand that peaked in 2015 which saw the sacking of the former ruling PDP administration of Goodluck Jonathan to usher in the present Buhari government. While President Olusegun Obasanjo was credited with his economic revolution that saw our external loan of $36 billion cleared, external reserve risen from a paltry $1.5 billion in 1999 to $45 billion in 2007, Excess Crude Account risen from $0 in 2004 to $25 billion in 2007, the entry of Mobile Telecommunication giants and crashing of phone tariffs, the various industrialization and promotion of local content that helped in agricultural growth, Nigerians were upset with the government due to its failure to fix power/electricity despite sinking $16 billion for the project. Despite the fact that Nigeria GDP maintained a growth of 5.5% in 2000, 6.7% in 2001, 14.6% in 2002, 9.5% in 2003, 10.4% in 2004, 7% in 2005, 6.7% in 2006 and 7% in 2007 from the 3% it obtained in the Abacha era, despite the fact that the administration created the two anti-corruption agencies, EFCC and ICPC- agencies that fought corruption to the point of prosecuting high ranking party members and officers of government , despite the fact that NAFDAC that fought successfully the scourge of fake drugs under the leadership of Amazon and Heroine Professor Dora Akunyili, Nigerians wanted more. Nigerians were upset with the government because the citizens expected more especially political stability, strengthening of INEC, The Police Force, The EFCC and ICPC and other institutions of the State. On the strength of the Naira, Obasanjo government deliberately and repeatedly devalued the Naira from 22/$ in order to allow for industrial revolution and give it its real value, which was pegged at 120-125/$ in 2007. Umaru Musa Yar'Adua In 2007, Obasanjo was succeeded by Umaru Musa Yar’adua of the PDP, who came through a somewhat controversial election. The late President would rather institute policies to see to the strengthening of institutions like INEC by initiating the electoral reforms. Musa Yar’adua went further to implement several court judgments that was ignored by Obasanjo, he created the Ministry of Niger Delta Affairs to tackle the problem of the region and initiated Amnesty process to pacify agitators in the creeks. The government reviewed the deregulation policy of the downstream sector by the Obasanjo administration and relaxed the pump price of petrol from N75/ltr to N65/ltr in order to accommodate the yearnings of Nigerians. Yar’adua was more of a pupilist President that reversed the power policies of Obasanjo and also reversed the sale of the country’s dilapidated refineries just to please labour leaders (actions I consider to be unfortunate). Under Musa Yar’adua, the country experienced a GDP growth rate of 7.2% in 2008, 8.3% in 2009 and 8% in 2010. To the credit of Yar’adua, the external reserve grew from $45 billion that it inherited in 2007 to $63billion in 2008 but finally at $47 billion in 2010 when he unfortunately died in office but depleted the Excess Crude Account to $9billion after the government partly yielded to the demand of governors. In 2007, Naira was exchanged in the range of 120-125/$ and was left at 150-155/$ in the parallel market, achieving a 20% increase. Nigerians wanted more. Goodluck Jonathan When Goodluck Jonathan took over government he continued with the electoral reforms of Yar’adua, he further implemented court judgments and signed the Freedom of Information Act. Jonathan took the agricultural revolution of Obasanjo to another level, a policy that saw a 25KG bag of rice falling to N8000 and a relative affordability of prices of other agricultural products. Under this era, Nigeria managed to achieve a single digit inflation rate under the administration, the government also achieved relative success in power decentralization and road and rail construction. The government was however unpopular due to the depletion of the reserve from $47 billion it inherited to $30 billion it left it, the depletion of the Excess Crude Account from $9 billion it inherited in 2010 to $2.1 billion despite oil boom period- no thanks to the demands of state governors to “share the money”, which most of them couldn’t justify. The government was also accused of not doing enough to fight corruption and even accused of being corrupt; the ongoing arms probe is more of an indictment. A further dent was the failure to tackle BH insurgency. Though the government inherited the naira at N150-155/$, it left it at N199/$ official rate and 220/$ in the parallel market. Despite the flaws of the government, the administration achieved GDP growth rate of 5% in 2011, 4.2% in 2012, 5.4% in 2013 and 6.3% in 2014. Nigerians wanted more and brought in the Buhari administration with hope that he would achieve it. PRESIDENT MUHAMMADU BUHARI ERA When this President came in, Nigerians were expecting improvement in their livelihood, job opportunities, zero tolerance to corruption, political and judicial stability and consolidation of the gains of the agriculture sector. Since coming to power, instead of increase in living standard, Nigeria is experiencing massive decrease. Lots of job loss, the GDP that was experiencing marginal growth since 1999 shrank by -2% in 2016, inflation rate increased from 9.6% in December 2015 to a whopping 18.72% in January 2017, achieving over 100% increase. Price of basic commodities has shot astronomically high from what was obtainable before the government came to power. There have been lots of job losses with firms either downsizing or folding up completely. The government that came to power on anti-corruption rhetoric has repeatedly looked the other way in corruption cases that has to do with friends and officers of the administration. For instance, while Olusegun Obasanjo sacked Fabian Osuji, his minister of Education in 2005 over accusation of bribery, Buhari has refused to act on SGF Lawal Babachir, Ibrahim Magu, Rotimi Amaechi, Speaker Yakubu Dogara, Raji Fashola and others indicted in one corruption case or the other, an action that has made rubbish his so-called arms probe. The President came with pledge to make public his assets and liabilities, yet, Nigerians have not seen to that. Instead of bringing fresh ideas to government, the President brought in those that were “former this and former that” under former governments of PDP due to their hunger to continue to remain in relevance, despite having nothing of value to offer. We have a government that is running on the highest budget in the history of the country yet, the masses are crying and dying of hunger. Recession that was hitherto left in economics text books has now become an anthem in the lips of many. The government that pledged against medical tourism in foreign countries is the same government practicing it. To the credit of the government, Boko Haram insurgents are relatively contained but Fulani herdsmen have taken over with minimal challenge. Election in the country is now a case of thug of war as the government, instead of strengthening the electoral body (INEC) and security agencies to be more professional, has instead adopted the abuse of State institutions in the name of “federal might”. While the government instituted Whistle Blower policy, Nigerians are wondering whether the policy does not affect the National Assembly, because the President and the Presidency looked the other way when Kano state Rep member, Hon Jubril Abdul blew a very BIG whistle that has to do with corruption in the House of Representative including himself. In fact, Jubril was punished for daring to blow whistle. Under the administration, electricity tariff has increased by over 100% without a corresponding value of electricity and the power situation which was relatively stable in 2015 has worsened. Naira situation has worsened from official rate of N198/$ it inherited to N305/$ while the “real rate”/alternate market rate increased from N220/$ to N505/$, achieving a shameful 130% depreciation rate within a space of two years WITHOUT any form of industrial growth. While the government inherited a country withfallen oil price, the oil price has been achieving growth since the second quarter of 2016. In fact, oil price has been at increase since January 2016. For instance, as at January 2016 it sold at $30 per barrel, in April 2016 it sold at $41/barrel, it sold at $52.62 per barrel in December 2016, $54 per barrel in January 2017 and now it is selling in the same region, but withot anything to show for its growth. Nigerians, including those that supported the administration are yet to understand the kind of government in place. Nigerians wanted a better deal and improvement in livelihood but are getting the complete opposite of what they signed up for in 2015. It is an indictment on the administration that some people are crying that things weren’t so bad previously (that is not to say previous governments were Eldorado). Two years on, instead of counting our achievement, the masses are lamenting woes. The government keep blaming past administration yet without any solution to myriads of problems. What if Obasanjo had spent his time blaming the military regimes of Abacha and IBB? Nigeria is such a sorry mess. President Muhammadu Buhari has failed Nigeria, he has made Nigeria a mockery in the committee of nations, it is only God that can give the Nigerians the grace to endure and survive his unfortunate leadership till 2019 when they will have opportunity to kick out the government for good. May God Bless Us All And Bless Nigeria  Shared on palmchat[/ illiteracy FG HAS NOTING TO OFFER NIGERIA THEY SHOULD BEG LATE PROF.ALUKO TO COME BACK ALIVE |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by obailala(m): 5:03pm On Feb 16, 2017 |
TonyeBarcanista:Lol... you obviously arent able to see the big picture. Kindly tell us what you think was the forex demand in Nigeria in 1999 compared to 2015? In 1999, are you aware we didnt even have ATM cards in Nigeria, we hardly even had internet or cybercafes then as compared to today when virtually everybody has access and wants to buy even handkerchiefs from overseas (high FX demand). Again in 1999, how many people did you know were involved in importation business? or random overseas travels with their families for summer holidays?... Are you aware that Nigeria has grown massively between 1999 and 2015 with the country now having a very large middle class demanding FX unlike in 1999 when it was only the top 0.01% of the population who demanded FX? In 1999, how many people had cars in Nigeria and how much was the daily fuel demand/consumption in the country?... How many people even had generators to power their homes during blackouts in 1999 as compared to today when every student has an I-pass-my-neighbour generator (high fuel demand)? Also if I may ask, as at 1999, how much of Nigeria's fuel was imported as compared to today when virtually 99% of our massive 40 million litre/day fuel demand is imported? I wouldn't even want to talk of the fact that today, everybody in Nigeria wears, eats, sleeps and breathes commodities which are imported from beyond our shores; even a sitting governor who should patronise Nigerian goods went ahead to marry an imported young wife to our amazement. Finally, what was even Nigeria's minimum wage and what was the total wage bill/recurrent expenditure of the government in 1999 compared to today? In summary, if N10 in 1999 was sufficient to feed a family, N1000 would leave the same family in kwashiorkor in 2015; between 1999 till date, Nigeria's standard average demand for Forex has leaped by way more than 1000%. So the next time someone tells you OBJ met only $5billion in foreign reserves in 1999 and Nigeria wasn't in recession, kindly tell them that they should read beyond their elementary economics textbooks because a foreign reserve of $5billion in 1999 is equivalent to more than $50billion in 2015. Kindly tel me I am wrong and I will supply more details. 3 Likes 1 Share |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by nairaman66(m): 5:04pm On Feb 16, 2017 |
dragonking2: Why not? It took PDP 16 years to achieve exactly nothing! Do not try to fall back to your premise because you are a staunch PDP supporter who does not think, because you are brainless and a zombie who cannot state his right from his left! Maybe we should make you the president, what do you think? |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by nairaman66(m): 5:05pm On Feb 16, 2017 |
marisdgreat: Since you cannot see the handwriting on the wall. He is only trying to say your hero is a common criminal and a cheap thief! Do you need more explanations? 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by lozanni(m): 5:05pm On Feb 16, 2017 |
2kaybiel: Quite so; but must the country remain in its spoilt state almost two years after the swearing in of the Buhari's administration? Of course not !!! The economic situation of the masses now is such that the govt. needs to get its act right by formulating the right policies needed to get the country out of recession, while dropping others like multiple foreign exchange rates and stiffling foreign exchange controls that do not augur well for business firms and individuals. |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by Bowwow11(m): 5:06pm On Feb 16, 2017 |
Nigeria Economy is in a state of mess under dis present administration |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by docadams: 5:06pm On Feb 16, 2017 |
You will know a biased post when you see one. Statistically, see the distribution of your words. OBJ regime 96 months. 240+ words Yaradua's. 32 months. 230+ words GEJ's. 64months. 230+ words Buharis's . 18months. 720+ words So can you now see how biased you are? 2 Likes |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by donJ2(m): 5:06pm On Feb 16, 2017 |
oyinkinola: @ Bolded... Fulani Herdsmen killing is Agape Love. I hate dumb bias analysis.... by political wanabees... How many people have Biafran agitators killed? How many people have Herdsmen killed Wickedness ko; unclothedness ni |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by kings09(m): 5:06pm On Feb 16, 2017 |
And handing it over to the grass-cutter SGF n the killing fulani herdsmen fiizznation: |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by deomelo: 5:09pm On Feb 16, 2017 |
Judge orders final forfeiture of N34 billion linked to Diezani Alison-Madueke A federal court in Lagos has ordered the final forfeiture of N23.4 billion, N9.08 billion, and $5 million (about N34 billion in total) linked to former petroleum minister, Diezani Alison-Madueke. In other news. SLS warned us, but stealing is not corruption Jona sacked SLS instead of the looters. |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by deomelo: 5:12pm On Feb 16, 2017 |
obailala: The OP is peddling flawed logic and his sense of reasoning is very elementary and stationary. 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by lozanni(m): 5:13pm On Feb 16, 2017 |
vicadex07: God is the rain maker who gave us superior intellect to subdue and conquer the Earth and its resources, according to the Bible. The above means that God has given us the ability to improvise and overcome any situation that we might encounter that is not favourable to us. From the above, we can conclude that we should not wait for manna to fall from heaven, before we start putting our God-given intellect to good use for our collective betterment. |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by raynold(m): 5:14pm On Feb 16, 2017 |
chaii Nigeria is truly finished, woww how people find nothing wrong in a president that has gone awol for over two weeks amazes me.. Nigerians voted this man in and he can't even acknowledge us the people he claims to preside over, instead he is busy taking pictures with criminals, or do we the people now have to visit him in London to know that all is well.. We truly have a long way to go in this country. we Nigerians are a complete disgrace to the human race.. the sooner we realize that the old fools do not give a damn about us the better.. I truly do not regret me not having a voters card, i can never stand under hot Nigerian sun and risking my life for any of this criminals. 2 Likes |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by martooski(m): 5:16pm On Feb 16, 2017 |
nairaman66: PDP is just the name of the party. The people that created the mess are they not in APC. 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by plaetton: 5:17pm On Feb 16, 2017 |
vicadex07:BULLSHIT. Keep praying to the sky for solutions to you problems. 2 Likes 1 Share |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by Okwyjesus(m): 5:19pm On Feb 16, 2017 |
PRYCE: The one wry pain pass na Adès in a coming to tell that the president has right to his vacation and dont need to call home. |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by mayoor15(m): 5:20pm On Feb 16, 2017 |
deomelo:This is what we call savage 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by Nobody: 5:22pm On Feb 16, 2017 |
raynold:The President went AWOL? Must you tell lies every time? Do you think PMB is like Yaradua that left the country without a letter to the National Assuembly? So you did not know that the President had written to the National Assembly twice this year? You guys are pathetic 2 Likes |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by oyinkinola: 5:23pm On Feb 16, 2017 |
donJ2:...Biafran killed two million Nigerian (2,000,000) in three years! ...Herdsmen killed about a thousand Nigerian in Nigeria history! |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by Arsasee(m): 5:25pm On Feb 16, 2017 |
Bolustic: pls also extend your diggings to obj, abacha, Buhari etc administration. You will be doing justice and not only GEJ 1 Like 1 Share |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by engineerboat(m): 5:26pm On Feb 16, 2017 |
exlinkleads: Its a long process boss. The National assembly as presently constututed does not have that moral justification for that. Moreso the Anthony General is involved |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by udees: 5:27pm On Feb 16, 2017 |
The person above -is just sentimental and not factual--if somebody came in and he doesnt understand how things work in a certain area of responsibilityand he started by promising what he would do and when he actually assume the position instead of facing his responsibility,he resorted to blaming and instead of being focus and working hards and looking for people that have ideas of making thing work--he continue to blame the person that was in the seat--I think such a person cannot do well Let me remind him -that under jonathan-Minimum wage was increase to 18k from 7k, there was employment revolution both in johnathan and Obj era-----coppers allowances was also increase----there was hope in nigeria as a country,,Nigerians were able to afford cars,housing easily,Nobody was complaining of food,,BokoHaram did not kill our armies like what is happening today,,Nigerian were a bit honest compare to how nigerian are behaving today[[To be relevant-you must lie because the Government of the day are expert on lies in order to convince nigerian to still be sympathetic with them---Today,tokumbo cars of say 2005 is going at 4.5million naira as against 1.8million--, all the cars assembly plant that were indicating interest in the country are no where to be found---you can run a country with try and error policies---look at a naira to a dollar,Look at power,,look at fuel price,,look at the coperation nigerians are given to this government--Fuel and light bills were almost 100% increase and there was no strike action that follows it. in OBJ and johnatan era--there was always a reaction from the citizen in any wrong government policies--During OBJ time,oil price in a record low and that was the real militan era,,During johnathan time,,Boko haram were sponsored ,strike were sponsored,,He was opposed by all the people in government today--some that were working with him were even working against him,,Governors were taking the federal government to court over extra crude account--they wanted all to be shared--those governors today are ministers in the present government and they dont know that nemesis is catching on them--Please stop looking for sympathy--see the truth and speak it out,nobody is hating Buhary but he is not matching words with his actions as he promise during his campaign time. KingOfAmebo: 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by vatiqan(m): 5:28pm On Feb 16, 2017 |
Bolustic: I tried to ignore this thrash you are writung here, but cld not. I am no fan of GEJ, Tonyebarcanista. But, I must say you are either ignorant of what is on ground or you just wish to be stewpid. 2 Likes |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by adimsmt: 5:29pm On Feb 16, 2017 |
vicadex07: Excuses , Excuses , Excuses can this excuses stop two years is about to pass please get on with the programs. |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by HIGHESTPOPORI(m): 5:29pm On Feb 16, 2017 |
deomelo:You can't blame Jonathan for how Obj and Atiku now in Apc ran d country under PDP,under Jonathan,life was far better in Nigeria,bag of rice was cheap,dollar was stable,increased minimum wage,boom in Agriculture.was Jonathan also responsible for d 1983 recession under Buhari? 1 Like |
| Re: The Sorry State Of Nigeria Under President Muhammadu Buhari by pokipoki: 5:30pm On Feb 16, 2017 |
fiizznation: Tight grip on coruuption? How much exactly have been recovered and many people have been jailed? (Not heresay). Secondly, can you tell me that corruption in this adninistration is down by at least 50%. The truth is bitter but the reality on ground is that this administration has failed atleast up till today. |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) ... (12) (Reply)
Kabiru Adjoto Threatens Hope Uzodinma, Tells Him To Steer Clear Of The State / Kwankwaso Commissions Governor El-Rufai's Projects In Kaduna (Photos) / October 1: Sowore Challenges Burna Boy To Join #RevolutionNow Protest
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 152 |