Danisaint112:


You were making sense until you mentioned the bolded. That was I knew you don't know much or probably speaking out of ignorance.

How can you not saying Buhari tried in area of infrastructure. Dude compare the money he borrowed to watch built and then compare that to just Goodluck.

Make una no dey talk this thing E dey vex me. Hyping rubbish. You need to step out of this shithole make you see infrastructure. 😐

Yes Buhari borrowed lots of money and did little. True. but that doesn't change the fact that the man archievement in this area should be understated..

He revived the railways, he's the reason why we now have a rail system cutting across the country today, Jonathan started it but Buhari did over 70 percent of the work. He renovated all our international airports, during his administration, asaba ebonyi and Anambra got international airports, I know youd say it's the state government that did it but I tell you the federal government financed some percentage of this projects

He completed the second Niger bridge( it is actually a very bridge if you have seen it ) and and renovated many other road projects across the country..

Name any former president that has done half, it is the military that gave us most of the infrastructures we have today.. most of the things you see in Lagos and Abuja were built by the military government of the 70s 80s and 90s

Op,you are checking our GDP like it's gonna get well.😂😂😂

We are heading to doom,and I mean all of us.

Nothing significant is going to change because the water spoiled from the fountain,I mean the source

Simple question what was the Price of Oil in 1999 and what was the price range from 1999- 2015

Has oil maintained that trajectory since then?

It is Noteworthy that oil price crashed before Jonathan left Office and Okonjo Iweala was borrowing to pay salaries showing that she had not worked any magic and was merely cruising on high oil prices

https://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html?tztc=1

The one thing that was different in that time was that Mobile telephony entered the economy and did have a genuine impact

That is a technology issue and not something to give politicians credit for .
That can only happen once. We have not leveraged that as best as we should

APC came from hell fire and rewind this country *10.

spy24:
Obasanjo enjoyed the benefits of an emerging economy.. and he allowed things to flow being a wise leader, he was both strong economically and politically, therefore there was stability

Yaradua consolidated due to the fact that there was no opposition

By the time good luck entered the picture, the orientation of the political class was shifting from nationalism, progress and result to political interests.. Jonathan did well economically like any PDP led government would have done, but failed in political leadership, so therefore he did not enjoy the stability that Obj and yaradua enjoyed

As for Buhari, I kind of like the man... his last 2 years in office revealed the kind of leader he'd have been if he wasn't the type that catches up too slow.. he failed spectacularly due to ill health at the start, the loss of Abba kyari and his party the APC.
I'm sure he left office with many regrets... It took him too long to identify where his real problems layed.
He failed economically and politically but he tried in areas of infrastructure

As for Tinubu.. I think that he will do well.. so far aside from his lopside appointments he seems to be getting most of his executive decisions right.. I don't think that he'll be an infrastructural giant like Buhari.. but he definitely will revive the economy he seems to have keen interest in tracking of revenue and expenditure sources at the federal level and he's setting up measures to block leakages and expanding the tax net of the federal government.. it's like a restructure of some sort.. if he succeeds and has good intentions.. the man will make financial gains for Nigeria like no other president have done before by the time he leaves office

Amount borrowed with the 5% infrastructure??

Una Dey mad?


Dey find excuse for failure!?


This sucks

Like excuse for been a failure??

Sorry, take care.

Ok op

I was actually digging into this and about to make my post when I saw yours.

This is directly related to crude oil PRICE TREND. Obasanjo's time coincided with over 100% uptrend in oil price that peaked during Yar'adua's time. GDP appeared to maintain a trailing trend with this. Oil price crashed towards the end of GEJ's tenure.

Diversification is key. GDP's definition is clear, we need a departure from over-reliance on oil export. We can't keep paying lip service to this with basic minimum of efforts to address it. We cannot be running a container economy or keep frustrating efforts to boost our GDP. We as Nigerians need to be clear on what we want. We can't eat our cake and have it!

aribisala0:
Simple question what was the Price of Oil in 1999 and what was the price range from 1999- 2015

Has oil maintained that trajectory since then?

It is Noteworthy that oil price crashed before Jonathan left Office and Okonjo Iweala was borrowing to pay salaries showing that she had not worked any magic and was merely cruising on high oil prices

https://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html?tztc=1

The one thing that was different in that time was that Mobile telephony entered the economy and did have a genuine impact

That is a technology issue and not something to give politicians credit for .
That can only happen once. We have not leveraged that as best as we should

That guy Buhari is an iddyot.

APC from top to bottom

Some have said it time without number, nothing good can come out of that evil name, APC, but people, despite their daily impoverishment, will still root for the same apc.
9 years ago if your earned 100k, you now need minimum of ₦1.1m to live the lifestyle you had back then.
We bought 300l of diesel yesterday evening to run a 80kva generator, 10mins ago, they just informed me the tank is at 25% and we need to order another 300liters.
1l is ₦1000.
Even dstv cannot afford to pay nation cup rights to air. Why? Their revenue is reduced due to devaluation and Nigerians cannot afford to pay the proper fees for subscription.
Don't worry, one day, some day Nigerians will finally have sense.

Shikena:
I was actually digging into this and about to make my post when I saw yours.

This is directly related to crude oil PRICE TREND. Obasanjo's time coincided with over 100% uptrend in oil price that peaked during Yar'adua's time. GDP appeared to maintain a trailing trend with this. Oil price crashed towards the end of GEJ's tenure.

Diversification is key. GDP's definition is clear, we need a departure from over-reliance on oil export. We can't keep paying lip service to this with basic minimum of efforts to address it. We cannot be running a container economy or keep frustrating efforts to boost our GDP. We as Nigerians need to be clear on what we want. We can't eat our cake and have it!

See, during buhari's time, apc in general, let crude oil be $1000 per barrel, there will still be excuses and impoverishment. Give them the economy of Sweden, Qatar, Germany and they will still produce the same result in 6 months.
Are you not aware our crude production dropped to 700k bpd under buhari/apc? We could not meet our opec quota of slightly over 2m bpd. Few people in a cabal were stealing more crude than the rest of the country was sharing. It took Obi to call them out.
Our problem is corruption, and nothing more. Abi did you not hear of "tunde" having 1.5 trillion in just 1 account, to the extent Emefiele had to protest that his own was too much, yawa will gas. Have you not read recently how over 30b was paid into one man's companies from the agency feeding school children? 30b ohh, not million.

latonione:
You know great country with great leader during the time of abundant. What are the legacies built during those time that last century I.e Awolowo era. So, what are the legacies when Nigeria had the money is the hallmark of great leader. If we can't build or repair refineries during the time of boom says a lot about those leaders, which consequence brought the whole country to her kneel decade after.

what made that period a period of boom? what was the price of crude compared to now? u peeps will just keep parroting nonsense all over the cyberspace.

Buhari the most senile and useless person to sit on that seat.

We can only work with data not speculations. We tend to look at the outcome and not the underlying trend.

I don't buy that APC/PDP mindset demarcation, Nigerians are Nigerians and most of our people embrace impunity at the slightest opportunity. This didn't start with any political nomenclature. I heard of what happened under Buhari but I don't have short memory, I remember what happened during 16 years of other people not named Buhari.

Obi was governor of Anambra State, Nigerians still happened to Nigeria there.

nedekid:

See, during buhari's time, apc in general, let crude oil be $1000 per barrel, there will still be excuses and impoverishment. Give them the economy of Sweden, Qatar, Germany and they will still produce the same result in 6 months.
Are you not aware our crude production dropped to 700k bpd under buhari/apc? We could not meet our opec quota of slightly over 2m bpd. Few people in a cabal were stealing more crude than the rest of the country was sharing. It took Obi to call them out.
Our problem is corruption, and nothing more. Abi did you not hear of "tunde" having 1.5 trillion in just 1 account, to the extent Emefiele had to protest that his own was too much, yawa will gas. Have you not read recently how over 30b was paid into one man's companies from the agency feeding school children? 30b ohh, not million.

backwards ever, forward ⏩⏩ never under APC backwards ever, forward ⏩⏩ never under APC...

Buhari brought us backwardness no be small

I am still waiting for folks on this platform to apologize to those of us they called wailers for calling out the obvious incompetence of Buhari.
Our SW friends, especially those of Muslim stock, intimidated and bullied anyone here that dared criticize Buhari.
We await your apology!

christm386:
Why where igbos always attacking buhari? Cause of his gross incompetence, we wanted accountability......

Remember those guys that are always on every igbo thread, igbo marriage, igbo business, etc... u will not find them on this thread that actually matters Nd affect their livelihood, and that of their whole generation.....

But remember guys, that igbo man doing businesses in ur state, paying taxes to ur state government, investing in real estate in your state, he is the problem

Tribalism has damaged you. What bring igbo to this this topic?

nedekid:

See, during buhari's time, apc in general, let crude oil be $1000 per barrel, there will still be excuses and impoverishment. Give them the economy of Sweden, Qatar, Germany and they will still produce the same result in 6 months.
Are you not aware our crude production dropped to 700k bpd under buhari/apc? We could not meet our opec quota of slightly over 2m bpd. Few people in a cabal were stealing more crude than the rest of the country was sharing. It took Obi to call them out.
Our problem is corruption, and nothing more. Abi did you not hear of "tunde" having 1.5 trillion in just 1 account, to the extent Emefiele had to protest that his own was too much, yawa will gas. Have you not read recently how over 30b was paid into one man's companies from the agency feeding school children? 30b ohh, not million.

And this administration is budgeting 100 billion naira for school feeding. Imagine if that money is invested into health sector, to empower mini health startup tech powered companies. But they want to waste it on school feeding, which will definitely end in some peoples pocket.