Buhari Has Made Nigerian Girls Hungry - U.S Returnee Laments

A Nigerian who recently returned from the United States of America has lamented on the poor orientation of Nigerian ladies who siphon money from prospective lovers.

This Nigerian feels the current economic recession under President Muhammadu Buhari has affected the relationship between the male and female folks as well as increased the rate of prostitution.

 

Read his story below:

 

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Is this 'Famine' the Progress We're Seeking? - Buhari's Supporter, Daddy Freeze Writes on Economic Hardship

I thought corruption was the worst thing a nation can endure, until I saw the suffering my people are going through - Lagos OAP, Daddy Freeze who is an ardent supporter of President Buhari has written an interesting piece to Nigerians.

Daddy Freeze

 

Popular Cool FM Lagos radio personality, Ifedayo Olarinde, also known as Daddy Freeze, has taken to his Instagram page once again to share his thoughts on the economic hardship currently being faced by majority of Nigerians as a result of the economic recession witnessed since the emergence of the President Muhammadu Buhari-led APC federal government.

 

Below is what he posted and wrote;

 

"I thought corruption was the worst thing a nation can endure, until I saw the suffering and poverty my people are going through. A month ago, a keg of vegetable oil was N4,200, one week later it rose to N4,800. Yesterday I sent my maid to the market with 5k and she returned home empty handed, oil is now N5,500.

"If you see the small ram we killed for ileya, it was nothing compared to the humongous one we ate during the 'corrupt' regime.

"I know the government is trying to fix Nigeria, and I know there is a light at the end of the tunnel, but what about those that will die of hunger and lack, inside the tunnel, never to reach the light?

"Everything is going up and salaries are coming down, companies are shutting down and with the airlines folding up, transportation is becoming crazy. I look around me and all I see is suffering and hunger. Yes I am proud of the fact that Nigeria is not as corrupt as it used to be, but is this 'famine' the progress we are seeking? 

"Is it really better than the corruption we did away with? What do you guys think?."

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Bad Economy: Church Member Jailed After Stealing From Tithe Money

These are indeed difficult times as Buhari’s ‘Change’ continues to bite harder on Nigerians. As you read, a member of Saint Patrick Catholic Church, Idumaigbo, in Lagos Island, Elochukwu Nnoruga, was on Thursday sentenced to six months’ imprisonment without the option of fine for stealing N214,000 from the church tithe box. The judegment was handed down by Magistrate Ade Adefulire of a Tinubu Magistrate’s Court, sitting in Lagos Island. “It is a pity that people do not see the house of God as sacred any more. This should serve as a lesson to the public; if you choose crime instead of hard work, the hand of the law will always catch up with you. “Nnoruga, you are hereby sentenced to six months imprisonment without an option of fine,” Adefulire said. Earlier, the prosecutor, Inspector Ben Ekundayo told the court that Nnoruga committed the offence on August 14 at about 2p.m., at Saint Patrick Catholic Church, Idumaigbo, in Lagos Island. Ekundayo said the convict stole N214,000 from the tithe box. He said Nnoruga also stole from worshippers during mass, adding that the offence is punishable under Section 285 of the Criminal Law of Lagos State, 2011.

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Nigeria One Of The Poorest Countries In The World With 65% Living Below Poverty Line

A report released by the United Nations says Nigeria is in a fix. It said the country had been deeply divided along ethnic, religious and regional lines.

It painted a gloomy picture of the country’s economy, noting that most of the development and social indices in the country were below acceptable standards.

The report, which was read during a consultative meeting on the formulation of the UN Development Assistance Framework IV for the South-East zone, in Awka, Anambra State, observed that for decades, different segments of Nigeria’s population had, at different times, expressed feelings of marginalisation.

The report read, “Nigeria is the most populous nation in Africa and the seventh most populous in the world. Her population will be approximately 200 million by 2019 and over 400 million by 2050, becoming one of the top five populous countries in the world. Nigeria is one of the poorest and most unequal countries in the world, with over 80 million or 64 per cent of her population living below poverty line.”

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7 of President Buhari's Actions that Led Nigeria into Economic Recession

This is a Nigerian's personal opinion about certain actions taken by the All Progressives Congress national party leader, President Muhammadu Buhari which have worsened the Nigerian economy.

President Muhammadu Buhari

 

This piece written on a popular online forum by a Nigerian with the moniker, 'JustCash' has become an object of intense debate online. The writer undertakes some explanations of the actions and inactions of the President that have ushered Nigeria into the current recession.

 

Read the interesting piece:

 

1) Sudden Implementation of Treasury Single Account (TSA) - This policy threw the banking and financial sector into turmoil as huge sums were swept out of banks and dormantly stashed into a preferred safe.

2) Tightening of Foreign Exchange Transactions - This policy made it difficult to make foreign exchange, and threw thriving businesses into turmoil which led to massive sacking of workers and manufacturing slowdown.

3) Unguarded Utterances During Foreign Trips - The president made several unguarded utterances that gave the impression that Nigeria was headed for the rocks. This made foreign investors hesitant about coming into Nigeria, and encouraged those that were already in Nigeria to speculate and pull out funds.

4) Halting of Important Projects in the Niger Delta - Buhari moved to remove majority of the projects that were created to provide tangible benefits to Niger-Deltans. For example, the Maritime University and Pipeline protection projects. Though, some of these projects were condemned by Nigerians, they kept the Niger-Delta at peace and allowed for the maximization of the benefits from petroleum exports.

5) Buhari's Northern Developmental Focus in Nigeria - The developmental aim of the president is very much skewed towards Northern Nigeria than every other part. So, he is more like kick starting a new economic focus, while dumping existing economic strengths. For example, he is devoting billions of dollars to search for petroleum in the North when Nigeria does not have functional refineries to ensure adequate availability of petroleum products that are already being produced in the South.

6) Elimination of All the Policies Made by PDP - it is on record that even though PDP led governments were corrupt, they made some major strides in diversifying Nigeria's economy. For example, Agricultural export came to life under PDP. Buhari has focused on bedeviling and antagonizing every single policy made by the PDP. In the process, he has thrown out good policies and progress that were made in the past. He is almost starting afresh, and this has rebooted Nigeria and thrown us years backwards.

7) Preference for Violence over Dialogue- Buhari prefers to use military force to quell civil strife. This approach ignites more protests and civil disobedience. An economy cannot experience progress in violent conditions. Even Lagos and Ogun axis has experienced an open show of military bombardment, which scares a heck out of investors. The same is true about the production shut ins in the Niger Delta region. Some of these issues can be solved with dialogue and with police actions than full scale military assaults

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Hmm, Even Chicken Is Affected By The Economy Of Nigeria. (Read more)

Due to the high increase in price of ckicken meals, for example 100kg of maize feed which was #6000 in April 2016, is now #12000 that shows an 100% rise in the price and also fish meals which is another important poultry feeds which was once #500 is now sold for #800 which shows a 60% increase in the price, and this has led farmers to ration the food of their chicken.

This also has led to the increase in price of the by product of these live stock, for example the price of create of egg was once #600 is now #650 and #700 by the size you want. The rationing of food by the farmers has led to malnutrition which does not allow hens to lay adequate egg.

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Presidency Releases Statement On Measures To Revitalise Economy

The Presidency, has offered explanation on plans to revitalize the economy of the country.

The two paragraphed statement signed by Senior Special Assistant to the Vice President on Media & Publicity, Laolu Akande was titled; Press Statement On Measures To Urgently Revitalize The Economy.

In the statement released late Monday, said; “The Economic Management Team has indeed been considering several policy options and measures to urgently reform and revitalize the economy.

“Some of these measures may well require legislative amendments and presidential orders that will enable the Executive arm of government move quickly in implementing the economic reform plans, Akande said.

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