NewStats: 3,259,577 , 8,170,553 topics. Date: Sunday, 25 May 2025 at 04:09 PM 4j196n6z3e3g |
(14) (of 645 pages)
![]() |
[s]
omoharry:[/s] Arrant Nonsense. Go back and read. U made no sense here. |
![]() |
tomakint: Tomafool, biko what is about to be unleashed? |
![]() |
Op made perfect sense. Jonah-daft really destroyed this country. Thank goodness we booted out the bastard if not by now half of the population would have kpeme. 16 Likes 5 Shares |
![]() |
The tough time was bound to come even if it was jonah-daft that was in charge. it will even be far much worse under him because the bastard had no full control of our resources and finance the way the General currently has. if he was borrowing to pay salaries when oil was above 65$ per barrel, i can only imagine what the otuooke drunkard would have done now that its 40$ or when it was 30$. I can never trust Jonah-daft with our finance. the same way he destroyed bayelsa finance as Governor was the same way he treated Nigeria. but i can trust the General with our money. The worst is over. Afterwards, things are bound to improve very soon. sensible folks knows this. IpoB nonentities can cry off their lungs . They remain the inconsequential few. 69 Likes 1 Share |
![]() |
[size=18pt]Brace for tougher times ahead, Okonjo-Iweala tells Nigerians[/size] Nigerians should brace for tougher economic times ahead, the Minister of Finance, Ngozi Okonjo-Iweala, has said as crude oil prices slipped to a four year low on Wednesday. New York Mercantile Exchange (NYMEX) December WTI oil futures sold at $75.20 per barrel on Wednesday, down $1.98, from $74.96 per barrel the previous day, the lowest level for a most-active contract since September 2010. Though the price of sweet crude, the blend of oil export from Nigeria, rose marginally at the close of trading on Wednesday to $76.96 per barrel, it has already crashed below the $79 per barrel benchmark approved in the 2014 Appropriation Act, concerns are mounting that tough times are indeed ahead. At the end of the Federation s Allocation Committee (FAAC) meeting for September, Federal, States and Local Governments were only able to go home with N603.5 billion allocation after they resolved to borrow about $2.76 billion from the Excess Crude Revenue to augment shortfall in revenue generated during the period. The Federal Government had attributed the declining revenues to the fall in prices at the international oil market. After drawing from the ECA, Minister of State for Finance, Bashir Yuguda, said the balance in the had dropped further from $4.1 billion to about $1.34 billion at the moment. But Mrs. Okonjo-Iweala said in Lagos on Tuesday that the economic indicators show there are tougher times ahead. http://www.timesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html 22 Likes |
![]() |
IpoB fools..................see what ur shameless sister who u all worship said. why are u fools now saying President Buhari is the reason for ur present predicament? [size=15pt]Okonjo-Iweala warns Nigeria: Tough times ahead[/size] Nigeria’s former Finance Minister Ngozi Okonjo-Iweala said her successor will face a “difficult” year because of plunging oil revenues and the economy needs expert management to weather the storm. “We have a serious situation with a cash crunch,” she said in an interview with Bloomberg in Cape Town, South Africa at the World Economic Forum on Africa. “But fundamentally, the economy is strong. If we can get through the cash crunch, manage the way through, build on some of the assets we have, by next year, things will be better.” Nigeria is struggling in the face of a 40 percent slump in crude prices in the second half of last year, which forced authorities to scale back budgeted spending and devalue the naira as foreign-currency reserves fell. The government relies on oil for about 70 percent of its income. The next finance minister needs to focus on “a strong policy, the fiscal consolidation path that we have and looking toward diversification of revenue resources,” Okonjo-Iweala said. President Muhammadu Buhari, who was sworn into office last week, has yet to appoint his cabinet. Okonjo-Iweala, a former managing director of the World Bank, was finance minister under Goodluck Jonathan from 2011. “We are all waiting” for the new finance minister to be named, she said. “Nigeria is full of talented people so they will find someone.’ The economy is forecast by the International Monetary Fund to expand 4.8 percent this year, down from 6.3 percent in 2014. The naira has weakened 7.7 percent against the dollar this year and was trading at 198.73 on the interbank market as of 7:26 a.m. in Lagos, the commercial capital. Okonjo-Iweala, 60, said she plans to take a break until August and will then consider her career options. ‘‘There are so many offers,’’ she said. ‘‘From international to the African Union and the private sector. But I want control over myself. I’m likely to do something that gives me freedom.’’ http://thenewsnigeria.com.ng/2015/06/okonjo-iweala-warns-nigeria-tough-times-ahead/ 34 Likes 2 Shares |
![]() |
[s]
tuniski:[/s] Bunkum. u said construction is dead and i gave u a live example to disprove ur shameless lie. is this what u still come back with? cover ur face in shame. succks to be u. 70 Likes 3 Shares |
![]() |
TheGoodJoe: U just have to continue to tell these goats the bitter truth. As long as u are on the truthful path, nothing matters again. sentiments has removed the best part of these fools brains. its unfortunate. 2 Likes |
![]() |
Tamaris1: Good. so how is this my business? are u ok? |
![]() |
![]() |
tobiasbeecher: thanks for the compliments. |
![]() |
tuniski: Really...............Setraco handling east west road is still on site working. how come? let me guess, they are still using the money jonah-daft gave them a year ago ![]() ![]() ![]() ![]() ![]() Rubbish 120 Likes 5 Shares |
![]() |
Only cursed bastards whose seeds will know no peace will come back to tell me that the decision to chase out the world acclaimed I-Buffoon was a mistake. If after several years of obvious plenty this fool of a president and his so called economic team can start borrowing to pay salaries then its obvious to all sane minds that this team was just empty upstairs. even with much more serious challenges now coupled with lower oil price, buhari isnt borrowing to pay salaries yet bastard will claim they are yet to see any change. kiss my arse murrafuckers
287 Likes 20 Shares |
![]() |
Torch1: ask her. whats my business with that? |
![]() |
![]() |
odikimi: Use ur brain. wike needs no buhari permission to prosecute amaechi if indeed he has a case. The thug of a governor is an executive governor and his office through the state AG has all prosecutorial right. Amaechi has no immunity. 1 Like |
![]() |
SycophanticGoat: Goat didnt read yet he responded. thats the way of goats anyway. ![]() ![]() ![]() ![]() Goat think all areas are like him papa goat that is just worth few thousands. Goat didnt even consider the fact that both wike who was amaechi chief of staff and amaechi both made the decision that appriopriate compensation be given out for those that lost their choice properties. Goat has refused to learn. the cursed animal has refused to accept what she never knew before now. Above all, goat talks about looting but has no evidence to back up her eediocy. I have seen goats but this pathetic state of this cursed one is world class. ![]() ![]() ![]() 1 Like |
![]() |
tobiasbeecher: Kindly ask ur papa. he should know better. |
![]() |
DauraDullard0: Arrant nonsense. By the time the fool was leaving, we were already borrowing to pay salaries after several years of plenty. we have never as a nation found ourself in such mess. Things were already bad by the time we rightfully booted out the I-Bufoon. 1 Like |
![]() |
This still doesnt change the fact that fayoses mama still dey wear pampers diapers.
34 Likes 1 Share |
![]() |
That cursed decision and action of jonah-daft is still hunting us till date. Only if the bastard had responded on time with his security agents, we wouldnt be where we are today as regards the chibok girls.
25 Likes 4 Shares |
![]() |
Akainzo: The fool u are addressing this to is a goat. he lacks what it takes to decipher the wisdom in ur post. |
![]() |
SycophanticGoat: Not unexpected from an hopeless self acclaimed goat. The location of the monorail is the most choicest part of PH. its within the premises of the govt house, house of assembly and state judiciary. Amaechi was in PDP when compensation was paid out while wike was his chief of staff. Considering that standardized buildings were destroyed to give way for this monorail, its obvious to all sane men that billions of naira would have been spent on compensation. Only a fool will expect just millions to be paid in a place like Asokoro if buildings will be expected to be demolished. Wike was chief of staff. he never had issue with the amount paid to compensate. so far he still doesnt. so who the ffuck are u or what do u think u know that these ones dont know? 2 Likes |
![]() |
Truckpusher: Just another senseless talk from my good friend. The one Omereji came up with, how far and well has the thug wike gone with it? ![]() ![]() ![]() Continue to deceive ur shameless self. ![]() ![]() ![]() Amaechi has presented himself before EFCC before becoming minister and so far all petitions against him has been found to be frivilous, baseless and senseless. Even Omereji, despite being instructed to indict him came back empty. joke on u. ![]() ![]() ![]() |
![]() |
jusRadical: [size=20pt]I agree with u. Amaechi kind of fly overs and standardized roads and not Odilis kind of flyovers (eg:Rumola) or wike open gutter roads. [/size] 2 Likes |
![]() |
SycophanticGoat: Are u ok? what scam? what do u call what is on ground on Azikwe road? Omereji investigated the project, please tell me what page of his report did he ever indict Amaechi on the project? 1 Like |
(14) (of 645 pages)
(Go Up)
Sections: How To . 52 Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland. |