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Buhari, Tinubu Took Nigeria’s Economy 18 Steps Backward In 9 Years - FIJ - Business (2) - Nairaland x5e25

Buhari, Tinubu Took Nigeria’s Economy 18 Steps Backward In 9 Years - FIJ (16047 Views)

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franchasofficia: 10:03am On Apr 24, 2024
Tell them oh
Faceonme1443: 10:03am On Apr 24, 2024
Jonathan met 65 billion dollars in the foreign reserve and wasted over 35billion dollars out of it. Bihari Meet meagre 28 billion dollars. Buhari added around 5 billion dollars leaving 33 billion dollars in the reserve. Anytime You guys want to glorify Jonathan istration, always that he wasted 35 billion dollars in less than 6 years. Jonathan istration did not add one dollar to the foreign reserve.

1 Like

Bfly: 10:05am On Apr 24, 2024
With their ways of istration,
Imagine Jonathan coming back to be president in 2027 and imagine Tinubu was the president in 2011.

1 Like

Pitssbull: 10:05am On Apr 24, 2024
cool
Yankee101: 10:06am On Apr 24, 2024
More than 18
TrackerSK: 10:06am On Apr 24, 2024
I don't want to say anything now because nairaland mods are too bias and tribalistic before you know,they will ban you.For the mod that ban me,you shall be ban in your life.

1 Like

Gentlesoul2021(m): 10:08am On Apr 24, 2024
And they told us Jonathan was not doing enough then!!
onuman: 10:08am On Apr 24, 2024
It's more than 18 steps backward.
The APC alliance initiated by Tinubu has ravaged Nigerians through poverty and insecurity.
Buhari had examined himself and announced his retirement from election politics after he lost the 2011 presidential election. Tinubu went to bring back Buhari in 2014 because of Tinubu's selfish interest to take over from Buhari as president.

6 Likes

Zeebuy: 10:09am On Apr 24, 2024
Holluwhakemmy:
Buhari caused it Tinubu is trying his best to perfect the imperfections caused by Buhari regime.
Shattap abeg. Una no dey shame? Same bunch who were praising Buhari to high heavens are now same bunch criticizing him now that their brother has taken power.

Sanusi was right when he said this

3 Likes

Congrats321(m): 10:09am On Apr 24, 2024
Tinubu watched buhari destroy the economy for eight years.

Holluwhakemmy:
Buhari caused it Tinubu is trying his best to perfect the imperfections caused by Buhari regime.

2 Likes

alpharoyalty: 10:11am On Apr 24, 2024
Buhari was the worst of the worst.
mrvitalis(m): 10:11am On Apr 24, 2024
Faceonme1443:
Jonathan met 65 billion dollars in the foreign reserve and wasted over 35billion dollars out of it. Bihari Meet meagre 28 billion dollars. Buhari added around 5 billion dollars leaving 33 billion dollars in the reserve. Anytime You guys want to glorify Jonathan istration, always that he wasted 35 billion dollars in less than 6 years. Jonathan istration did not add one dollar to the foreign reserve.
And yet naira was stable economy grew by 50% ... Who taught you economics

We are talking about economic growth you re talking reserve are you ok at all?

3 Likes

jaxxy(m): 10:11am On Apr 24, 2024
Smart Nigerians already know apc is a scam

1 Like

Holluwhakemmy(f): 10:12am On Apr 24, 2024
Congrats321:
Tinubu watched buhari destroy the economy for eight years.

The same Tinubu is trying to fix it
olisaEze(m): 10:12am On Apr 24, 2024
The same Buhari they’re all condemning today was their choice twice. Ask any of them why they voted him, and the answers will have nothing to do with the competence or integrity they were all shouting then, and everything to do with hate and tribalism. The 2023 elections was a foreign experiment on how the black man would react when faced with a choice between right and wrong. Clear records of a life of conscientious hard work against a lifetime of crime, and just like the Jews they chose Barabbas. And you expect anyone to care when the consequences of your stupidity become apparent? My people have a saying, 'agbasi oso aguo mile', wait for the race to be over before counting the steps. Eighteen steps backwards and counting, we’re not done going back yet!

1 Like

Riskymarvelous(m): 10:13am On Apr 24, 2024
You will never see yarimo and his dogs to come here laye laye!!! Dey will run

1 Like

codemaniacs: 10:13am On Apr 24, 2024
Faceonme1443:
Jonathan met 65 billion dollars in the foreign reserve and wasted over 35billion dollars out of it. Bihari Meet meagre 28 billion dollars. Buhari added around 5 billion dollars leaving 33 billion dollars in the reserve. Anytime You guys want to glorify Jonathan istration, always that he wasted 35 billion dollars in less than 6 years. Jonathan istration did not add one dollar to the foreign reserve.

Bu:hari left it at minus billions of dollars... Bu:hari never added anything to the economy..

It was and is due to Tinubu increasing petrol price, removing fuel subsidy, arresting dollar speculators e.t.c. that added $33 billion to the economy..

it has nothing to do with Bu:hari..

Bu:hari is the worst president in Nigeria's history..

Good:luck Jo:nathan is 1000 times better than bu:hari

2 Likes

Confirm4real(m): 10:14am On Apr 24, 2024
You don look for Agbadorians trouble by dose data of yours tongue



APC is a disaster...

3 Likes

Zxcvbnmghtr: 10:15am On Apr 24, 2024
grin If you are from a poverty ridden family no government may be able to help you grow economically. It is what it is. IF YOU ARE POOR, YOU ARE POOR.

Zeebuy: 10:15am On Apr 24, 2024
alpharoyalty:
Buhari was the worst of the worst.

That's what we thought until tinubu proved us wrong, now the new standard of misgoverance is Tinubu, and he wrecked the country in less than 1 year

2 Likes

ebufa: 10:15am On Apr 24, 2024
codemaniacs:
false information from statisense..

Nigeria's economy is backed by crude oil. which means the economy cannot fall from $568.50 billion to $374.95 billion in 9 years it always has to go upwards unless someone or a group of government officials intentionally deduct $193.55 billion from the government s...

It's like real estate.. the price of real estate only goes up.. the price you paid for rent or lease in 2015 is lower than the price you pay in 2024.

For Nigeria's economy to drop like that then the amount of Barrels Per day of crude oil that Nigeria produces has to drop drastically.

Nigeria currently produces 1.7 million barrels per day.. it would have to drop to 200 thousand barrels per day for Nigeria's economy to drop badly.



This one is drunk on fermented agbado water....umqunboti dey shack your brain sir!!!

1 Like

Congrats321(m): 10:16am On Apr 24, 2024
Lol wasted. Yet Nigeria was third fastest growing economy in the world. Inflation was single digit for three years back to back. When will we have sense?

Faceonme1443:
Jonathan met 65 billion dollars in the foreign reserve and wasted over 35billion dollars out of it. Bihari Meet meagre 28 billion dollars. Buhari added around 5 billion dollars leaving 33 billion dollars in the reserve. Anytime You guys want to glorify Jonathan istration, always that he wasted 35 billion dollars in less than 6 years. Jonathan istration did not add one dollar to the foreign reserve.

2 Likes

CheapHomes1: 10:19am On Apr 24, 2024
Holluwhakemmy:
Buhari caused it Tinubu is trying his best to perfect the imperfections caused by Buhari regime.

what did buhari cause and when did he cause? when buhari was causing it, where was tinubu? was he not ing buhari and asking nigerians to buhari and that buhari was what nigeria needed?

2 Likes

slowice(m): 10:20am On Apr 24, 2024
Waiting for apc and ronu miscreantss to come and blame Peter Obi for this

2 Likes

Angelfrost(m): 10:23am On Apr 24, 2024
Well, this is not news...!

The real news is Tinubu looking lost and shocked about the state his predecessor left the nation in.

A predecessor he sponsored and ed into office.


Oh well... It's his mess to clean up or worsen now.

For Naija's sake, I just hope he really knows what he is doing in that office.

If he fails... Nigeria is gone for good!

2 Likes

Kaiser20: 10:23am On Apr 24, 2024
Tinubu played his Ronu ers 419.
They troped out like termites to Tinubu thinking he will grab power for SW. Unknown to them, " Emilokan no be Awalokan"

3 Likes

komzy589(m): 10:24am On Apr 24, 2024
Holluwhakemmy:
Buhari caused it Tinubu is trying his best to perfect the imperfections caused by Buhari regime.
With the evidence on ground, this talk doesn’t make sense at all.

1 Like

Focusmind: 10:26am On Apr 24, 2024
Buharis aloofness is legendary. Nothing matters to him except himself. Even his wife and to some extent, his kids did not matter to him. His non challant attitude to issues will make you to question his sanity and commitment to Nigeria's economic growth. Thank God, President Tinubu, despite his perceived short comings, is totally different from Buhari in approaching things. At least, he is communicating his economic policies and his team are engaging Nigerians. He is always swift once there is a public outcry on issues and he has never failed to own up to any mistakes since he came to power. But for Buhari, I have not seen such a leader! Senator Shehu Sani may have a name for Buhari but I can't seem to see any in my dictionary.
onuman: 10:26am On Apr 24, 2024
"In turn, the average Nigerian is worse off than in pre-Buhari times, an observation that is hard to deny."

The above fact cannot be denied even by the ethno-religious bigots of the SW and far north Nigeria who continue to APC.
Nigeria's voters rejected APC in 2019, but INEC's Mahmood Yakubu hid under "There was no INEC SERVER" to concede presidential election victory to Buhari.

In 2023, Nigeria's voters rejected APC, but the same Mahmood Yakubu bent down to retake his vomit through sidelining the transparent and modern system of electronic transmission and collation of vote results, instead, went for the abandoned and non transparent manual collation of votes results to steal the presidential election for APC.
komzy589(m): 10:29am On Apr 24, 2024
Holluwhakemmy:
Buhari caused it Tinubu is trying his best to perfect the imperfections caused by Buhari regime.
With the evidence on ground, this talk doesn’t make sense at all.
In spite of Buhari’s failures, we should stop covering Tinubu and how bad he has been so far.
If I made something bad, you cannot be trying to rectify it by making it more than 5times worse.

3 Likes

aoshi: 10:29am On Apr 24, 2024
Faceonme1443:
Jonathan met 65 billion dollars in the foreign reserve and wasted over 35billion dollars out of it. Bihari Meet meagre 28 billion dollars. Buhari added around 5 billion dollars leaving 33 billion dollars in the reserve. Anytime You guys want to glorify Jonathan istration, always that he wasted 35 billion dollars in less than 6 years. Jonathan istration did not add one dollar to the foreign reserve.

Thank you for this. a lot of Nigerians in a bit to glorify someone, mess another big time. I'm not a er of both Government but, the facts should be laid bare totally.

“High oil prices had flattered Nigeria’s bleak economic picture for many years, and the end of the boom triggered a period of uncertainty as the crisis loomed. In fact, in a bid to curtail the damage, the Central Bank of Nigeria (CBN) devalued the naira from ₦155/$1 to ₦168/$1, and subsequently to ₦199/$1, to no avail. The combination of the oil price slump and gross malistration of previous regimes left the economy on tenterhooks by the time President Buhari took charge.
edungene7: 10:29am On Apr 24, 2024
codemaniacs:
false information from statisense..

Nigeria's economy is backed by crude oil. which means the economy cannot fall from $568.50 billion to $374.95 billion in 9 years it always has to go upwards unless someone or a group of government officials intentionally deduct $193.55 billion from the government s...

It's like real estate.. the price of real estate only goes up.. the price you paid for rent or lease in 2015 is lower than the price you pay in 2024.

For Nigeria's economy to drop like that then the amount of Barrels Per day of crude oil that Nigeria produces has to drop drastically.

Nigeria currently produces 1.7 million barrels per day.. it would have to drop to 200 thousand barrels per day for Nigeria's economy to drop badly.
You go explain tire no evidence

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