Hmmm

Butterflyleo:


Which poor economic policy? Which poor economic policy grew it from $27b which GEJ and PDP depleted it and got it to $47b at some point despite this drop?

Are you high?

PDP has been the ones with poor economic policy which was why they dropped our foreign reserves from $55b to $27b under GEJ.

Again I ask, are you high?

ZB

Mustack:
Where's bubu 1dollar to 1 naira

Who promised you 1 dollar to 1 naira? Our Jonathan sycophants no go cease to amaze us!

look at someone who promised make naira equal to dollar

Macdonad:
After injecting and wasting our money, chia naija which way

You sef dey follow people use meme? You want to feel among, ba? How does your meme & comment relate? Na by force to use meme? Nawa o!

richidinho:


PDP? who grew it to $55B in the first place, abacha right?

Same PDP depleted it to $27b from $55b. Are you not seeing that what you are simply trying to show is that PDP is an enemy of this nation? Only they grew it so they could further reloot it.

One step forward 900 steps backward

I'm just tired of buhari and his incompetence

February 2019 please come fast, let's Atikulate once and for all

pejuakinab:
This is what happens when u have a poor economic policy.
We just have to Atikulate in order to being back and grow our economy

are you a novice of the Nigerian foreign reserve status history as related to this administration, do you know what it took Buhari to build up the reserve to that figure, what is wrong with Nigerians self?

KEVIND:
Quotes from Peter Obi

As Governor, I left N75billion saved for my successor....
"To you young people, Take Back your Country...it is your future they are toying with". - Peter Obi
"I reduced my convoy to 5 vehicles and you cannot buy fuel unless I am in the car".- Peter Obi
"If I sleep in a hotel and have to pay N250k a night, I will be awake all night...feeling like I was robbed". - Peter Obi
"You know there are many big men in Anambra state, so when they want to see me, I say to them I will come to you instead".- Peter Obi
"We handed schools back to Churches and by 2013, we were number one in WAEC."- Peter Obi
"I beg you to participate more in politics, the society we help them abuse today will take its revenge tomorrow".- Peter Obi
"The only way out of recession is to spend for growth. You can only spend for growth either from savings or from borrowing.
The question is: what are you borrowing for?
Are you borrowing for consumption or for production?
When you borrow for consumption, you are heading for disaster."
-- Peter Obi.
" I had to stop the Presidential lodge in Anambra... A project awarded at 400million. I had to close down state house in lagos and Abuja... Because I felt we dont need it.... Even when other states had."
" They said President Obasanjo is coming... I went to borrow the kind of cars they wanted... Instead of spending millions... From a neighbouring state."
"I requested Obasanjo to spend the nights in my lodge Since they said he must sleep over... I asked my wife to pack out of my bedroom... We went opposite to lodge in a hotel (name mentioned) for the week, we paid N30,000 instead of N100,000."
"I used the 150million for 2 bullet proof cars to buy almost 50 Peugeot cars at 3 million each.. gave 17 to JUDGES and 18 to permanent Secretaries (because i discovered they did not have cars) and kept 10 for govt house... which I used as Governor... I did not use bullet proof cars as Governor."
"They said we should attend world Igbo Congress in U. S.... That the budget WAS cut from 40 to 32million.... I asked them why... That only one person should go and come and tell us what was discussed."
"Instead of paying 30,000 for each security personnel (about 30) per night in Abuja, I told IG to give me Police whenever am in Abuja....I travel alone... People complained.... The 15 drivers lodged in Abuja state house...who come to airport to cause confusion, i asked them to go, kept only 3. The others to go back to Akwa or look for job... I asked the cook to go back to Akwa instead of giving him 30,000 per plate."
"When Governors lodge and Govt house was burnt before I came... With budget of 400million and 300 million, I repaired them for 42 million and 80million respectively. They wanted to impeach me that I did not spend by due process... Following the awarded Contracts and contractor.... I saw a table.. That my predecessor used, they said its old... I asked them to renovate it... That all i needed was a table to write as Governor... "
" So so so I was able to save money and made sure that ANAMBRA HAS THE BEST ROAD NETWORK THAN ANY OTHER STATE IN NIGERIA....."
PETER OBI.

Now this is it, no wonder the criminal SE governors are against his VP candidacy. No room for stealing, this is how to fight corruption not buhari's disguised witch hunting

buhari is a snitch

Butterflyleo:


Same PDP depleted it to $27b from $55b. Are you not seeing that what you are simply trying to show is that PDP is an enemy of this nation? Only they grew it so they could further reloot it.

show us how much was in the reserve when PDP came into power in 1999, only then you will appreciate our govt

https://www.youtube.com/watch?v=G_QE6IUvtUk

Can 1 Naira ever become 1 US dollar again on the Forex market?

One of the reasons Nigerians are lamenting about the state of the nation is that the forex is very expensive these days. Our correspondent therefore took to the streets of Lagos to ask Nigerians if they think 1 Naira can ever equal 1 Dollar again. What's your take?

Thank God 80percent of Buhari supporters are not on social media, they have PVC as their weapons not borrowed megabytes like some 10percent Atiku's wailing wailers on social media.

richidinho:


show us how much was in the reserve when PDP came into power in 1999, only then you will appreciate our govt

You still don't get it do you?

OBJ was in power for 8 years and PMB in just 3 years grew our depleted reserves from $27b PDP left it to $47b

The pressure of dollars now due to elections has further forced a drop on our forex which is the trend every 4 years and not new.

Good governance is to ensure a steady growth and not a depletion of such a magnitude of $55b to $27b

Also note that despite all this, PMB has since paid off all debts left to him by GEJ in the NNPC which for the first time in 20years NNPC is debt free. This is good governance and it falls squarely on PMB


You need to read more

All these 50k 100k for Apc pdp on nairaland It that not a serious matter. Those rogues keep decamping to the ruling party . They are all the same. That is why we should use our brain election time is dollars is flying around in the air Nigerias are tired of APC and PDP they have done enough damage to Nigeria old men should go and rest

rusher14:
I thought some people said the foreign reserves held no importance?

those people knows nothing and they will also be the set of people to criticize Buhari for this little drop but they have not praise him for building the reserve up to almost twice what their Hero left for Buhari in 2015. Lazy youths that no nothing about their country. they are only concern about today's new, they lack knowledge of history.

Its always so at all time in Nigeria...



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KEVIND:
Quotes from Peter Obi

As Governor, I left N75billion saved for my successor....

"To you young people, Take Back your Country...it is your future they are toying with". - Peter Obi

"I reduced my convoy to 5 vehicles and you cannot buy fuel unless I am in the car".- Peter Obi

"If I sleep in a hotel and have to pay N250k a night, I will be awake all night...feeling like I was robbed". - Peter Obi

"You know there are many big men in Anambra state, so when they want to see me, I say to them I will come to you instead".- Peter Obi

"We handed schools back to Churches and by 2013, we were number one in WAEC."- Peter Obi

"I beg you to participate more in politics, the society we help them abuse today will take its revenge tomorrow".- Peter Obi

"The only way out of recession is to spend for growth. You can only spend for growth either from savings or from borrowing.

The question is: what are you borrowing for?
Are you borrowing for consumption or for production?

When you borrow for consumption, you are heading for disaster."
-- Peter Obi.

" I had to stop the Presidential lodge in Anambra... A project awarded at 400million. I had to close down state house in lagos and Abuja... Because I felt we dont need it.... Even when other states had."

" They said President Obasanjo is coming... I went to borrow the kind of cars they wanted... Instead of spending millions... From a neighbouring state."
"I requested Obasanjo to spend the nights in my lodge Since they said he must sleep over... I asked my wife to pack out of my bedroom... We went opposite to lodge in a hotel (name mentioned) for the week, we paid N30,000 instead of N100,000."

"I used the 150million for 2 bullet proof cars to buy almost 50 Peugeot cars at 3 million each.. gave 17 to JUDGES and 18 to permanent Secretaries (because i discovered they did not have cars) and kept 10 for govt house... which I used as Governor... I did not use bullet proof cars as Governor."

"They said we should attend world Igbo Congress in U. S.... That the budget WAS cut from 40 to 32million.... I asked them why... That only one person should go and come and tell us what was discussed."

"Instead of paying 30,000 for each security personnel (about 30) per night in Abuja, I told IG to give me Police whenever am in Abuja....I travel alone... People complained..

.. The 15 drivers lodged in Abuja state house...who come to airport to cause confusion, i asked them to go, kept only 3. The others to go back to Akwa or look for job... I asked the cook to go back to Akwa instead of giving him 30,000 per plate."

"When Governors lodge and Govt house was burnt before I came... With budget of 400million and 300 million, I repaired them for 42 million and 80million respectively. They wanted to impeach me that I did not spend by due process... Following the awarded Contracts and contractor....

I saw a table.. That my predecessor used, they said its old... I asked them to renovate it... That all i needed was a table to write as Governor... "

" So so so I was able to save money and made sure that ANAMBRA HAS THE BEST ROAD NETWORK THAN ANY OTHER STATE IN NIGERIA....."
PETER OBI.

Peter OBi lied there. He actually left 150b debt for Anambra by the time Obiano came in

franchasng:
How can Nigeria's foreign reserve be okay when majority of Nigerian youths who happens to be the majority of our population are unemployed due to bad government policies killing businesses, companies and discouraging investors from bringing in money to invest in Nigeria?

How can foreign reserve be okay when the president frowns at any other person getting hold of fund except his allies and family members

How can Nigeria's foreign reserve grow when Buhari's government borrow billions of $$ for consumption and not even for developmental projects that will lead to human-capital development and production

You borrow to spend on consumer stuff, how will your foreign reserve grow


Just a few set of chosen people; mostly presidential family members are allowed to execute contracts and handle huge government money.

Using gun to chase perceived corrupt looters won't improve the economy.

We need an enlightened President that understand 21st century economy.

Nigeria need policies to encourage small business enterprise revolution in Nigeria not just farming!

We need policies to inspire tech startups and manufacturing.

Do you know that countries like Togo, Mali, Senegal, Benin, etc are far behind in terms of internet, tech, etc? We are supposed to be their big daddy.

Our youths are supposed to be heading to those smaller nations to train them on technology and stuff which will bring us FOREX, but how can they when they are hungry, unemployed and don't even know their next move due to bad government policies?

We need a highly responsible government that will make power a top priority. Nigeria needs to get power generation and distribution right!

We need to also revamp our educational system and scrap some expired courses created in the past that are now useless.

Inject new courses to be manned by competent professionals to teach our young people latest ways of building economy, growing economy.

We need Software Engineering courses, Programming, Digital Marketing, Robotics, Welding, Mechatronics, Manufacturing Technology, Social Media, etc

Buhari just need to go for others to try please

Yada Yada Yada nonsense!

We need this we need that.....apart from digging up nature-made oil in the ground what else do you export to earn dollar?

So fraudulent feminine gay Peter Obi will do magic ba?

Like your thieving estwhile sister NOI?

politicians have started mopping up USD!

Butterflyleo:


Which poor economic policy? Which poor economic policy grew it from $27b which GEJ and PDP depleted it and got it to $47b at some point despite this drop?

Are you high?

PDP has been the ones with poor economic policy which was why they dropped our foreign reserves from $55b to $27b under GEJ.

Again I ask, are you high?

My brother they don't know all these things and that is why they are stupidly shouting atikulate up and down. can you see the type of youths with certificate that make up our supposedly active population? the youths criticize politicians for being their problem when they are the problem themselves.
who would have imagined that any reasonable person will say something negative about Buhari on reading this news but look at the response we have up there.

The naira would continue to weaken as electioneering goes around the corner.

With a desperate money bag in Atiku and a desperate party chair in Oshiomole, it can only get better for the dollar and pound.

alizma:

My brother they don't know all these things and that is why they are stupidly shouting atikulate up and down. can you see the type of youths with certificate that make up our supposedly active population? the youths criticize politicians for being their problem when they are the problem themselves.
who would have imagined that any reasonable person will say something negative about Buhari on reading this news but look at the response we have up there.

These are the social media youths who have refused to develop themselves through reading and knowledge acquisition. This is why they all have a herd mentality.

They all want to be shouting Atikukooting up and down without even bothering to check the track record and history of the same Atiku.

A man who practically sold off Nigeria when he was VP and the head of OBJs economic team is who they are rooting for. 23 of our national assets went under because of him while he sold off some dubiously to himself and others.

One thing I am sure of is that he will not see Aso rock

Butterflyleo:


Which poor economic policy? Which poor economic policy grew it from $27b which GEJ and PDP depleted it and got it to $47b at some point despite this drop?

Are you high?

PDP has been the ones with poor economic policy which was why they dropped our foreign reserves from $55b to $27b under GEJ.

Again I ask, are you high?

your hatred for GEJ has no bound but be objective when discussing such issue.

he depleted the FR but developmental projects were going on; was it water that he used to fund the projects?

what are the blueprint on economy of the present administration?

YouWin unlike Npower empowered people to start and run businesses which in turn reduced unemployment and in a way grow the economy. what happens after 2years of being on Npower payroll?

GEJ had his own flaws buy he was able to put things in perspective but can same be said about what we are experiencing now?

Moukandjo:

Who promised you 1 dollar to 1 naira?
Our Jonathan sycophants no go cease to amaze us!

the stupid PDP supporters don't verify what they hear before they jump in to the street. I had challenge them on whatsapp group chat with 20k if only they can show me evidence of Buhari's promise to equate naira to dollar but they couldn't get me one.

More reason why the lifeless one has to be sacked from Aso Rock.

Moukandjo:

Baba, the set of Jonathan sycophants commenting here are the dumbest of them all! The other daft Jonathan sycophants who aren't as daft as the daft ones commenting here know, at least, that they're not supposed to be commenting on any thread concerning foreign reserves ever because they know we know where the ineffectual buffoon from Otuoke met it & left it, & what it has grown to now!

do you know you are a culprit of what you accuse others of?
please be more objective... what are the developmental projects in place now compared to GEJ's time?

jonuel1:


your hatred for GEJ has no bound but be objective when discussing such issue.

he depleted the FR but developmental projects were going on; was it water that he used to fund the projects?

what are the blueprint on economy of the present administration?

YouWin unlike Npower empowered people to start and run businesses which in turn reduced unemployment and in a way grow the economy. what happens after 2years of being on Npower payroll?

GEJ had his own flaws buy he was able to put things in perspective but can same be said about what we are experiencing now?

The other day Tolu Ogunlesi and Chidoka had a debate on twitter and it was exposed that GEJ had as good as zero developmental projects ongoing in his tenure and it was all paper projects.

Chidoka could not deny it because he was the one who exposed it by himself unknowingly and the whole twitter community suddenly now became aware of the PDP lies about so called infrastructural development.

122 projects and all left at 13% completion stages. Practically all was ONGOING and not COMPLETED.

It is this present FG that is now completing.

Youwin was a scam. Npower is a temporary contract of 2 years focused on skill training.

We cannot retain in the time of recession then but now its going to be different.

When Chidoka was asked why the projects were all at ONGOING stages the attached was his response. You have to laugh at PDP for this comment.

He simply said GEJ could not complete in his first term because the 1st term is for initiation of projects. If they knew this, why then are they demanding completion from PMB after 3years?

leisuretym:
look at someone who promised make naira equal to dollar

and you think you are educated, who promised you 1dilla to 1naira in the first place?

Butterflyleo:


Which poor economic policy? Which poor economic policy grew it from $27b which GEJ and PDP depleted it and got it to $47b at some point despite this drop?

Are you high?

PDP has been the ones with poor economic policy which was why they dropped our foreign reserves from $55b to $27b under GEJ.

Again I ask, are you high?

You say?? Come again? I guess you no even know economics. Wetin you read for school. You forget say we no owe debts, Mama relieve us from debt, now we are back to debts abi na gbese Times double double with that kind of foreign reserve you are sick...

Atiku effect,they way d crook mop up our dollars for his primary nobi small thing oo!

Butterflyleo:


Which poor economic policy? Which poor economic policy grew it from $27b which GEJ and PDP depleted it and got it to $47b at some point despite this drop?

Are you high?

PDP has been the ones with poor economic policy which was why they dropped our foreign reserves from $55b to $27b under GEJ.

Again I ask, are you high?

i agree pdp destroyed it but at least buhari could have managed it or at least try to help it small but we didnt see that... Instead a recession and decrease in our national dignity....or do you blame gej for that one too.... I am not praising what pdp did... Am just trying to be rationale... Pls no insult abeg...