TimeManager:
Kids of nowadays, SMH!. When you stopped history in schools, this is what you get- ignorance!, blissful ignorance!. If you knew the level of great hardships that our parents went through during the period, you won't be here heaping a satanic worship on a man who initiated the begining of economic woes on Nigeria. With the introduction of SAP, IBB destroyed the economic foundation and progress of the country. In one fell swoop, naira was devalued by 500%, then up to 2000%, our debts increased to about $34billion, inflation rose to 54%. We could barely service our short term loans and thus, sellers overseas were reluctant to sell goods to us. Till today, we haven't recovered from SAP, IMF, World Bank captivities that IBB led us into and guess who was the Finance minister at the time, an economist and an ex-World Bank staff, Dr Kalu Idika. Kalu. If there's anyone that should be tied to a stake and shot, it is these two evil geninuses.

-kiss the truth!

TimeManager:

How did we get here?.
How can somebody with a brain skip an IBB era which was the begining of the economic disaster and then fly into 2024?, how possible?. Use your brain.

-kiss the truth!

TimeManager:

Everyone knows the collapse of Naira started during the SAP regime of IBB and the person who introduced SAP to him was an igbo man who was his finance minister.

-kiss the truth!

VeryWickedMan:
Tinubu is Nigeria's worst ever President.

system21:
The Nigeria of 1978, $13,100 was ₦10,220. What is the rate today? Bad leadership and corruption destroyed our economy.
Once upon a time in Nigeria, Naira was above dollar. That was when we were GIANT of Africa. Not anymore.
Then, $13,100 was ₦10,220
Today, $13,100 is ₦19,650,000.

Congratulations to all the supporters of failed government and corruption

system21:

Supporters of Tinubu failed government you can give us the value of dollars in 1978

toujurs:
i won't go through this route with you, because i am very sure. Hunger is finishing you wherever you are. I just want to give you a reminder that, the shege hasn't started. Two years from now, then you can start complaining, then after another 3 year. By then jagaban will be having his second term. The shege banza would start. Just have in mind i have a cleaner job for you. By then .

I didn't vote for tinubu, i did my part for a better Nigeria, which i came out to vote. Than seating in my house and only praying for a better Nigeria.

so karma has nothing on me. But more blessings and growth. But you see all those who came out to cause problems. Those monarch, anyways two has been killed already. Karma will visit more.

Actions have consequences.

TimeManager:

If the country was healthy as you claimed, then why was there a coup by the military?. According to the coupists, the country was messed up in corruption and they needed to cleanse the system of corrupt politicians, which Azikwe was the President. So why would you absorb igbo?

-kiss the truth!

placeofallure:


You started it, I insist! You started sounding like you are the sun and moon and the rainbow altogether and I gave it back to you. You didn't think it insultive when you said I was an idiot, abi?

What can you do if I quote you? I wonder with infantile people like you, whose foolhardiness is mega but they never realise it. Your power ends behind your keypad. Now that I have quoted you, what?

I am the daughter of my father, I take none of my words back!

VeryWickedMan:
Tinubu is Nigeria's worst ever President.

PROPEACE:

Did you bother to read the original post? It was showing how good things were in 1978, now that poster said since IBB came up with SAP, things went south. What is wrong with that?

Jeffy1206:
E be like you just dull like this fail government. What other value are you looking for? Naira was the second strongest currency in the world after pounds of course.

westbuoi:


Population (an active working population)is always a plus to economic growth.. Check our population skewness..over 122m fall in the range 25-44years old.. Go check out china decade development plan and come back to thank me...China today is a top super power cos it maximised it's population far back..


Doing a PhD or MSc abroad is almost an impossible task with even N10m ..

The middle class are the most hit..

Nigeria!! Nigeria !!!
How did we get here...

Salewa97:


Forget all those $1700 is x in 2024.

Let’s do it this way. If I earn 60naira as a civil servant in 1970, can I afford to buy a $1700 car in 1970?

Yes or no?

You all talk like in 1970, everybody dey drive latest car and build latest house because say dollar to naira na 1:1.

codemaniacs:


The "west" uses people around you to influence you or to influence the trajectory of your progress.

Salewa97:


Forget all those $1700 is x in 2024.

Let’s do it this way. If I earn 60naira as a civil servant in 1970, can I afford to buy a $1700 car in 1970?

Yes or no?

You all talk like in 1970, everybody dey drive latest car and build latest house because say dollar to naira na 1:1.

system21:
The Nigeria of 1978, $13,100 was ₦10,220. What is the rate today? Bad leadership and corruption destroyed our economy.
Once upon a time in Nigeria, Naira was above dollar. That was when we were GIANT of Africa. Not anymore.
Then, $13,100 was ₦10,220
Today, $13,100 is ₦19,650,000.

Congratulations to all the supporters of failed government and corruption

TimeManager:

Everyone knows the collapse of Naira started during the SAP regime of IBB and the person who introduced SAP to him was an igbo man who was his finance minister.

-kiss the truth!

system21:

Another supporter of failed regime on the lose again. A bag of 50kg rice was N8000 before calamity (APC) befall Nigeria today it's over N60000 TODAY. Can you give us prices of commodities before and after IBB regime let compare it with calamitious APC

Agboriotejoye:

You showed yourself an idiot and I called you one.
It's obvious your brain is malformed. Your first quote was an insult to the last one.
You were even glorying in your ignorance and poor intellect and with insult to booth
You're an apology of a human being
Fvck off

placeofallure:


Rue over this in your privacy and sulk all you will. I said what I said. You're a monumental disgrace to your family and a complete waste of sperm. I will school you and your entire generation 24 hours a day, 7 times a week. It's a pleasure helping fools like you to underline your fatuousness. I'm certain you are under some form of extraterrestrial manipulations as in Aye n ṣe mi, otherwise you won't come here and publicly exhibit how insane, how imprudent you are. Werey Alaṣọ ni mi!

nairalanda1:


They all did...the oil boom of the 1970's made oil the main the main. At the end of the 1980's, everything rose and depended on the oil price.

By the start of 1993, we had a deficit.

Nigeria's problem is simple. We are not a exporter of manufactured goods and service. We rely on oil, so when oil crashes, our economy crashes. When oil shoots up, we have to pay the debt back once again.

Even before oil, we relied on cocoa, groundnut and palm oil, and tin, and gold, and a host of other stuff. Nice, but we sold the thing to industrial nations, who processed it for larger profits.


The question I always wonder of our leaders, (which is why I am not impressed with any one of our leaders since independence) is simple....what have we done with the resources we have? The truth is, we have not processed them into goods that we can sell at a price we set.

THat is why as far as I am concerned, Nigeria has never had good leaders.

(NO, I am not here to abuse you or anyone for the party they support, or defend any leader. Every voting period we hope the new guy would be different. They ain't.).

Nigeria is a resource dependent nation, and it needs to break free of its resource dependency.

system21:

₦10,220 according to the news paper, abi eyes dey pain you

kokoA:
Nnamdi Azikiwe that forced us together na idoma man?

YorubaRonu01:

Bro use your brain and study your history well, let them just take us to Nigeria of last ten years, (2014), the joy will be endless!
You're here proving how 1978 was worst than today!!
I spit on your truth, Tufiakwa!!!

Agboriotejoye:

You can't understand simple English yet you want to school me.
Whoever is paying you to be dis dumb needs to be flogged
You're the vacuous, empty one since your uncouth and ill bred manners has shone through.
You couldn't even hold a conversation without running around to exhibit the lunacy that runs through your veins

placeofallure:


As e dey sweet us...E dey pain dem. Wailing Society of Nigeria
ma ke ku ni.

Agboriotejoye:

Slither back into the slimy dung you came out from

You're full of trash. 30k retard

placeofallure:



Thank God I have a slimy dung to return to. Sebi You be homeless vagrant. We'll soon put out a GoFundMe campaign for you, Derelict! Ọmọ Irankiran!

Agboriotejoye:

You seem stuck on getting something from me

Is it my cock you want in your mouth?

To get that, you have to prove to me when you last had a decent mouth wash