Okonjo-Iweala attacks Soludo, says he’s Nigeria’s worst CBN governor ever

Minister of Finance, Ngozi Okonjo-Iweala

The Minister of Finance, Ngozi Okonjo-Iweala, on Wednesday took the former Central Bank of Nigeria, CBN, Chukwuma Soludo, to the cleaners over his criticism  of President Goodluck Jonathan’s management of the country’s economy, saying his comments amounted to committing “intellectual hara-kiri”.

The Minister, who spoke through her Special Adviser on Media, Paul Nwabuikwu, accused Mr. Soludo of single-handedly mismanaging the country’s banking sector between May 2004 and May 2009 and plunging the country into “an incredible accumulation of liabilities that will cost tax payers about N5.67 trillion”.

Mrs. Okonjo-Iweala, apparently livid, described the former CBN governor as “an embittered loser in the Nigerian political space” who is “so derailed” to “commit intellectual harakiri by deliberately misquoting economic facts and maliciously turning statistics on their head to justify a hatchet job”.

“Soludo has shamelessly pandered to so many past leaders that Nigerians are asking one more time – what position is Soludo gunning for now?” she asked.

“There is definitely an issue of character with Prof. Charles Soludo and his desperate search for power and relevance in Nigeria. Nigerians should therefore beware of so-called intellectuals without character and wisdom because this combination is fatal,” she added.

More to come…..

Meanwhile, read full statement by the minister below.

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BEYOND BELIEF: SOLUDO’S SELF-SERVING ARTICLE ON ECONOMIC MANAGEMENT IS DEFICIT IN FACTS, LOGIC AND HONOUR

(Response to “Buhari Vs Jonathan: Beyond the Election, by Charles Soludo”)

For anyone who has not read Professor Charles Soludo’s article on January 25 2015, I would encourage them to do so. It is littered with abusive and unbecoming language. It shows how an embittered loser in the Nigerian political space can get so derailed that they commit intellectual harakiri by deliberately misquoting economic facts and maliciously turning statistics on their head to justify a hatchet job.

We hope all the intellectuals in the international circles, in which Professor Soludo has told us he flies around in, will read what a Professor of Economics has chosen to do with his intellect.

In this one article, Soludo has shamelessly pandered to so many past leaders that Nigerians are asking one more time – what position is Soludo gunning for now? He claims in his article that he has had his own share of public service, yet he has failed twice in his attempts to be Governor of Anambra State and Vice Presidential candidate of various parties. There is definitely an issue of character with Prof. Charles Soludo and his desperate search for power and relevance in Nigeria. Nigerians should therefore beware of so-called intellectuals without character and wisdom because this combination is fatal.

But let us turn to the main subject of Soludo’s discourse. So much of what is written is outright nonsense and self-seeking aggrandizement that need not be dignified with a response. It is totally remarkable that Professor Charles Chukwuma Soludo, the man who presided over the worst mismanagement of Nigeria’s banking sector as Governor of the Central Bank of Nigeria between May 2004 and May 2009, can write about the mismanagement of the economy.

Nigerians must be reminded of his antecedents as CBN Governor, and even prior to that, as the Chief Economic Adviser to the President.

The consolidation of the banking sector was a good policy idea of the Obasanjo Administration, but Soludo went on to thoroughly mismanage its implementation leading to the worst financial crisis in Nigeria’s history. So what did Soludo do?

After consolidation, the regulatory functions of the Soludo-led CBN were very poorly exercised. As Governor, he failed to adequately supervise and regulate the now larger banks – an anomaly in Financial Sector Supervision.

In fact as every Nigerian knows, in his time there was very little separation between the regulators and the regulated, which is a violation of a key requirement of Central Banking success. This led to infractions in corporate governance in many banks as loans and other credit instruments running to hundreds of billions of naira were extended to clients without following due process, and several of these loans could not be paid back. This massive accumulation of bad debts, or non-performing loans as they are called in the banking sector, meant that our banks were ill-positioned to deal with the global financial crisis when it hit.

In fact, the banking sector was brought to its knees and required a massive bailout by Nigerian tax payers.

This bailout was done by his successor (now Emir of Kano), who cleaned up all the bad debts and transferred them to the newly-established AMCON (Asset Management Company of Nigeria), from where they are managed today.

So let it be noted for the record books that Soludo’s single-handed mismanagement of the banking sector led to an incredible accumulation of liabilities that will cost tax payers about N5.67 trillion (being the total face value of AMCON-issued bonds) to clean up.

Let it be noted also that this amount, which is more than the entire Federal Government 2015 Budget, constitutes the bulk of Nigeria’s “contingent liabilities” mentioned in Soludo’s article.

It is only in Nigeria where someone who perpetrated such a colossal economic atrocity would have the temerity to make assertions on public debt and the management of the economy.

Let us now look at some of the points he makes. Luckily, Soludo has told us that he has been busy travelling internationally, hobnobbing with his global partners.

It is obvious from this article that from the rarefied heights at which he is flying he is completely out of touch with what is happening with the management of this economy.

Take his comments on the mismanagement of the economy and the imposition of the austerity measures. The present fall in oil prices, a global phenomenon over which Nigeria has no control, has given every charlatan the opportunity to attack the economy, and by extension the managers of the economy.

It is true that the economy grew well during the second-term of former President Obasanjo as a result of the reforms supported by the President and implemented by the Economic Management Team. Please note that the Finance Minister under whose leadership that good performance took place, including massive unprecedented debt relief, is still Finance Minister today.

But thorough examination of the facts on performance under the Jonathan Administration will also reveal that at a time when global economic performance was mediocre, with GDP (gross domestic product) growth averaging about 3 percent per annum, Nigeria’s GDP growth – averaging about 6 percent per annum – is indeed remarkable.

Even more interesting is the fact that the oil sector did not drive this economic performance, but the non-oil sector (Agriculture, Manufacturing, Telecommunications, the Creative Economy, and so on), which shows that the current Administration’s diversification objective under the Transformation Agenda is working. Transformation equals diversification

This current government managed to control inflation, which he Soludo, was not able to do during his time at the helm of monetary policy in Nigeria.

When he left the Central Bank in 2009, inflation – which hurts the poor and vulnerable in the society the most – was above 13 percent per annum.

Now, inflation is at single-digit, at 8 percent per annum. What about exchange rates? Well this administration again managed to stabilize the Naira exchange rates, such that between May 2011 and the end of 2014, official exchange rates against the dollar rarely moved out of the N153 to N156 band.

It is only with the recent dramatic fall in oil prices and the consequent impact on our foreign reserves that the exchange rate has become quite volatile.

The drop in oil price has been heavy and rapidly impacting all oil producing nations significantly. Nigeria is no exception and appropriate fiscal and monetary policy measures are being put in place to manage this situation.

In fact, history will recall that careless remarks by Prof. Soludo (then Chief Economic Adviser to the President) hypothesizing a possible Naira devaluation, condemned the Naira to a free fall towards the end of 2003.

Ray Echebiri, in his 2004 article in the Financial Standard, wrote that not even the assurances given by the then CBN Governor, Mr. Joseph Sanusi or President Obasanjo that any plans to devalue the Naira existed only in the head of Professor Soludo could halt the fall of the Naira from N128 to the dollar in the official market to about N140 between September and December 2003.

It is true that our foreign reserve accumulation is less than what it should be, but the reason for this has been fully given, not as excuses, but simply as fact: lower oil production and crude oil theft along with the refusal to save in the Excess Crude Account (ECA) are the reasons. Contrary to what Soludo said, oil production under President Obasanjo was higher than current levels.

Quantities produced averaged 2.4 million barrels per day, bpd; 2.22 million bpd, and 2.21 million bpd in 2005, 2006, and 2007 respectively, but has declined now to between 1.95 and 2.21 million bpd due to vandalism of the pipelines and the resulting “shut-ins” to fix the problem.

It is true that had production been at the previous levels and had there been willingness to save, we would have had more money in the ECA and also in the reserves.

But, the overriding setback to savings is that the State Governors felt it was their constitutional right to share the money. Please recall that even as we speak the States have taken the Federal Government to the Supreme Court on this issue.

Soludo’s claim that 71 percent of Nigerians live below the poverty line is misleading and disingenuous. He uses 2011 statistics on poverty by the NBS to support his argument, while ignoring more recent figures.

But, as stated in the Nigeria Economic Report 2014 by the World Bank, poverty rate in Nigeria has dropped from 35.2 percent of population in 2010/2011 to 33.1 percent in 2012/2013.

By the way, the reason why our poverty numbers have been so wrong is that the National Bureau of Statistics, NBS, under Soludo’s supervision as CEA and Vice-Chair of the National Planning Commission, departed from the international standard method of poverty measurement. Is he now ignoring the right economic statistics to wilfully manipulate information?

No doubt we have a problem with unemployment in this country and we must deal with it.

Indeed, this Administration is dealing with it and stands proud of what it has accomplished so far and is pushing hard to accomplish much more.

As a first step, the Administration, through the office of the Chief Economic Adviser to the President and the NBS, worked hard to determine how many jobs we need to create in a year. What you don’t measure you cannot make progress on. Why didn’t Soludo do this when he was CEA?

We need to create about 1.8 million jobs a year in this country to cater for the new entrants into the labour market, but we also need to deal with the backlog of the unemployed and the underemployed, e.g. those selling on the streets.

Dealing with this global challenge of unemployment is not an incredible accumulation of liabilities that will cost tax payers about N5.67 trillion incredible accumulation of liabilities that will cost tax payers about N5.67 trillion incredible accumulation of liabilities that will cost tax payers about N5.67 trillion easy task for any country, as can be seen from the experiences of developed countries particularly in the euro area.

But the Jonathan Administration is making good progress, creating an average of about 1.4 million jobs per year by driving quality growth in key sectors like Agriculture, where the bulk of new jobs are being created, Housing, Manufacturing, Financial Services, and the Creative Industries like Nollywood.

In addition we have special programs to promote job creation among the youth and these include:

– Promoting entrepreneurship among the youth through the “Nagropreneurs” program to support 750,000 youth farmers with grants and training, and the YOUWIN program that is directly supporting up to 5,400 young entrepreneurs with grants, training, and mentorship and so far beneficiaries are creating an average of 9 jobs each, for themselves and others. About 22,000 jobs have been created by the first 2,400 youwinners.

– Graduate Internship Scheme: that is reducing the vulnerability of unemployed graduates by enhancing their employability. The Scheme targets up to 50,000 unemployed graduates in the 36 states of the Federation and FCT and about 22,000 graduates have so far been placed by the program.

– Community Services Scheme under SURE-P: developed to empower young unskilled Nigerians, women and people with disabilities. About 120,000 mostly young workers have been engaged across the country

On the issue of debt, Nigerians deserve to know the truth and we have said it before. The truth is that the government borrowed in 2010 to pay an unprecedented 53.7 percent wage increase to all categories of federal employees as demanded by labour unions.  The total wage bill rose from N857 billion in 2009 to about N1.4 trillion in 2010, and as a result, domestic borrowing increased from N200 billion in 2007 to about N1.1 trillion in 2010 to meet the wage payments. Where was Soludo at the time? Why did he not react to the borrowing then? Was it because he wanted to pander to labour in preparation for his political career?

It is noteworthy that since 2011, the Administration of President Goodluck Ebele Jonathan has been prudent with the issue of debt and borrowing. The Economic Management Team not only looks at debt to GDP ratio, where Nigeria has one of the lowest numbers in the world at 12.51 percent but it looks at debt service to revenues. That is why in spite of the rebasing and a larger GDP, the administration has taken a prudent approach to borrowing. The prudent approach helped to drive down domestic borrowing from N1.1 trillion in 2010 to N642 billion in 2014. In fact for the first time in our nation’s borrowing history we even managed to retire N75 billion of domestic bonds outright in 2013.

Despite the present tough situation, we do not plan to go on a borrowing spree but to keep borrowing modest at a level sufficient to help us weather the present situation. We have already ramped up efforts to generate more non-oil revenues for the government while cutting costs of governance. Therefore, Soludo’s claim that this Administration is reckless with debt does not hold true.

Since Soludo seems so ignorant to what has been achieved by the Jonathan Administration, let us present just a few examples of them here again. This information is easily verified.

We are improving infrastructure across the country. For example, 22 airport terminals are being refurbished, and five new international airport terminals under construction in Lagos, Port Harcourt, Kano, Abuja, and Enugu. Soludo’s kinsmen in the South East now have an international airport in Enugu, and for the first time in Nigeria’s history can fly direct from Enugu to anywhere in world for which they are very grateful to this Administration. But with Soludo being up in the air with his international travels, he has not touched ground in the Southeast to observe this development for himself.

Various road and bridge projects have either been completed or are under construction. Those completed include the Enugu – Abaliki road in Enugu/Ebonyi States, the Oturkpo – Oweto road in Benue State, the Benin – Ore – Shagamu highway, and the Abuja – Abaji – Lokoja dualization, and the Kano – Maiduguri dualization. The Lagos – Ibadan expressway and the Second Niger Bridge are under construction.

Rail from Lagos to Kano is now functional, as is parts of the rail link between Port Harcourt and Maiduguri. All these have brought transport costs down. We recognise that more needs to be done in the power sector, but bold steps (like the privatisation of the GENCOs and DISCOs) have been taken, and our gas infrastructure is being developed to power electricity generation

In Agriculture, over 6 million farmers now have access to inputs like fertilizers and seeds through an e-wallet system, which is more than the 403,222 that had access in 2011. Rice paddy production took off for the first time in our history, adding about 7 million MT to rice supply. An additional 1.3 million MT of Cassava has also been produced and as a result, the rate of food price increase has slowed considerably, according to the NBS.

In Housing, we have put in place a new wholesale mortgage provider – the Nigerian Mortgage Refinance Corporation (NMRC) – to provide affordable mortgages to ordinary Nigerians, starting with those in the low-middle income bracket. This sector will help the economy grow as we tap it as an economic driver for the first time. Mortgage applications from 66,000 people are currently being processed and 23,000 have already received mortgage offers

Our Manufacturing sector is reviving with new automobile plants by Nissan, Toyota, etc. This is in addition to the backward integration policy in key sectors like petrochemical, sugar, textiles, agro processing and cement, which Nigeria is now producing 39,000 MT and exporting to the region.

The Creative sector is now a factor in our GDP, with Nollywood alone accounting for 1.4 percent, creating over 200,000 direct jobs and nearly 1 million indirect jobs. This is the first Administration to recognise its importance and support its further development with a grant program.

A new bank – the Development Bank of Nigeria – will soon be operational and this bank will help bridge the access to finance gap, which is a major constraint for the private sector especially SMEs. The bank will provide long-term (5 – 10 years) financing at affordable rates for the first time in our nation’s history.

This is the path that the government has been on before this fall in oil prices. The response to the economic shock has been spelled out to the Nigerian public over and over again, and the Administration intends to focus on managing this crisis appropriately. This year will be difficult. To say anything less to Nigerians will be untruthful. It would have been better if there had been a bigger cushion of the Excess Crude Account to manage this situation but despite this the nation can rise to the challenge.

More importantly, President Goodluck Ebele Jonathan and the Economic Management Team are seeing this as an opportunity to diversify the revenue sources of an already diversifying economy. In fact let me at this juncture use this opportunity to comment on Soludo’s appalling statement that rebasing brings no policy value. Rebasing has enabled us to better grasp the new diversified nature of our economy. This provides the basis for our present drive to support different sectors with appropriate policy instruments to enhance their development. Rebasing has also enabled the Administration to create the platform from which to drive our work on increasing non-oil revenues. These are areas of critical policy value.

Soludo mentioned the issue of the Economic Partnership Agreement with the EU, noting that this Administration has not been vocal or clear on its direction with this agreement. On the contrary, the Administration, particularly the Ministry of Industry, Trade, and Investment, has been clear on this issue but since Soludo has been in the air he probably has not been aware of this. Just recently, the Minister of Industry, Trade and Investment reiterated again to the corporate sector that Nigeria has not signed and does not propose to sign the EPA in its present form.

The point is that this government has been pursuing the right economic policies, and its efforts have been acknowledged nationally and internationally. Let me say that there are objective ways to measure performance. There are international institutions globally accepted to do this. They have acknowledged this Administration’s good economic management up to the recent crisis and even now.

We cannot go by someone’s subjective view, driven by bitterness and bile. We need to look to the truth and to professionalism. This is where Professor Soludo totally fails. For the other gratuitous, political, and personal attacks, we are sure that those mentioned will respond appropriately. It is a sad day for Nigeria and the economics profession that someone like Soludo, a former CBN governor should write such an article. If Soludo wants to regain respect, he should return to the path of professionalism. He certainly needs something to improve his image from that of someone whose sojourn into National Economic Management ended in disaster for the banking sector, his sojourn in politics, ended in overwhelming rejection by the electorate, and more recently, his sojourn abroad, has put him out of touch with the reality of the Nigerian economy.

Paul C Nwabuikwu

Special Adviser to the Coordinating Minister for the Economy and Minister of Finance


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  • Umar Dendi

    Whats its with these Nigerian journalists. They like to use words like “Bomb”, “Clear” & “Destroy”!
    Madame Ngozi, O Madam! She used to be respected all over the world, a Nigerian and a woman for that, who rose through it all…..but now?
    Its such a waste. I wonder what she’ll do with the loot that she could not do with her clean earnings when she was a decent person.

  • True Nigerian

    Ngozi says through her spokesman that:

    “Nigerians should therefore beware of so-called intellectuals without
    character and wisdom because this combination is fatal”.

    What it means that we must beware of Jonathan’s government which shows horrendous character, despite having heavy-weight intellectuals like Ngozi and Diezani Madueke.
    Based on Ngozi’s advice; Jonathan, you are hereby fired!

  • Chidi

    Okonjo Iwaela the cry of the poor masses will ever hunt U people in GEJ cabinet till the U die and after …………………..

  • Babandum

    OMG! These PDP clowns are so predictable. Recently, after Dr. Fayemi responded maturedly to Soludo and Nigerians compared it with the clownish response of the PDP, someone predicted on the comments section that Okonjo-Iweala will soon come out with her tirade. And here we are – so predictable. NOI, Soludo is not your problem, your problem is wanton corruption and mismanagement!

  • Tambaya Kafinsoli

    God has started vindicating Sanusi Lamido. May God reward him for the self less service to the nation.

    • Tunga Timbenderana

      And who will reward him for the selfless service to Mrs Yaro?

  • Ebele Factory Child

    Very interesting! Seniour officer in GEJ now pressing SLS (with due respect now Emir Sanusi) though she did not commend him in his effort of reporting the $20B stolen money because she is also a beneficiary. Ngozie or what ever they called you, you are a disgrace to the int’l communities especially the World Bank. You sell your self chief by serving the most corrupt government in the history of Africa. You go about telling series of lies just to please GEJ, Dame Bastard and the rest of criminals around the president. Time will tell, you will regret your action in the near future.

    • Charles owolabi

      Ebele madam Ngozi did not praise Sanusi Lamido Sanusi the known adulterer. They Fulani thief who himself turned the CBN into a contracting agency. He awarded over 600 billion Naira worth of contracts during his time as CBN. His actions of directly donating money to only northern universities like BUK -4 billion and ABU 6 billion Naira are well documented. BUK would later come out to say they only received 1 billion Naira. Only God knows what Sanusi did with the balance. He also gave his inlaw El Rufia contracts worth Over 8 billion Naira . The financial reporting council in an audit said that Sanusi directly mis appropriated over 300 billion Naira during as CBN governor. It Sanusi that made over 32 billion Naira develop wings at the mint. He also spent over 1.5 billion Naira feeding his security and domestic staff at the bank. Pitiful .
      Sanusi was also playing to the gallery when he made assertions that first 57 billion USD was stolen by GEJ. He later reviewed it downwards to 48 then 12.4 and then later pushed it up to 20. He thought that by casting assperstions on the government that it would deflect attention from his own evil deeds.
      No Ngozi did not praise she only stated facts. even Hitler some would argue did something’s right. Did Sanusi help clean up Solodus mess yes he did . Did Sanusi steal yes he did. Did Sanusi organize the killing of an Igbo trader gedion Akaluka yes he did. Facts are facts. Ngozi did not praise him.
      It is just like asking if El rufia did not do any work in ensuring that the Abuja master plan was restored. Yes he did yet he stole over 150 million USD. Using various fronts like Jimmy Lawal. He also bought the VPs guest house as Minister of the FCT and allocated choice land to his entire family. Till date over 40 billion Naira remains unaccounted for from the sale of Federal Government property in the FCT. He was even banned from holding any public office by the senate of the Federal republic of Nigeria. His corruption cases are still in court and yet he is out campaigning to be the governor of kaduna state. What a country?
      A ploy to escape a possible conviction by the courts using the immunity granted governors. It was the same thing Sanusi did run for cover and become Emir of Kano.
      We must always respect those that speak the truth irrespective of ethnic afflilations. Ngozi has remained a true professional in this regard. A balanced Nigerian who gives credit where it is due. She is truly a detribalized Nigerian who is not will tell lies to score cheep points. He analysis has always been on target and we do appreciate her
      Please Ngozi don’t mind all these bad belly people.
      Keep working

  • Shuaibu Bola Victor

    It is quite unfortunate that some people might take Chukwuma Soludo’s
    evaluations of the President Goodluck Jonathan’s administration serious.
    As far as I am concerned, Chukwuma Soludo can never offer an objective
    and subjective assessment of GEJ’s administration due to his biased mind
    and vested interest.
    To say the least, everybody knows that Chukwuma
    Soludo was among the few Nigerians that fought hard to deny power from
    President Goodluck Jonathan in 2010 and 2011. In order words, during the
    ailing period of ex-President Yar ‘adua, Soludo was at the fore front
    of the campaign from South -East to stop Jonathan in order for him and
    his cabal to keep holding Nigerians at ransom. But God shouted him down.
    Soludo,
    we all know how he robbed Nigerians billions of dollars as CBN Governor
    and since then has been avoiding EFCC. Based on the corruption
    tendencies of Soludo, coupled with his questionable hidden agenda for
    his latest campaign for APC, Anambra people rejected him when he vied
    for Anambra state guber position in 2011. Again, since Soludo lost out,,
    his sense of judgement has been beclouded considering his public
    utterances and dispositions in recent time.
    I strongly believe that Soludo is biased and cannot offer us neutral and quality evaluation of Nigerian economy.
    WORLD
    BANK and IMF that have the best economists from advanced countries of
    the world have already evaluated and scored President Goodluck
    Jonathan’s administration the best in Africa.
    Is Soludo more brilliant than WORLD BANK and IMF? NO!
    GEJ TILL 2019.

    • Ebele Factory Child

      Bola, May the style of GEJ leadership and its consequences befall on you and you entire family forever. Let me hear you say ameen.

      • Tony Osinbajo

        I have news for you; u can now leave that ‘child factory’.. we have finally found your parents..u can. Now let go of the pent up anger and resentment!

      • Shuaibu Bola Victor

        God cannot help you out of the imminent failure(Feb. 14), because God has already ordained and annointed President Goodluck Jonathan as He did it against same BUHARI in 2003, 2007, and 2011.

        GEJ all the way to 2019.

        • Ebele Factory Child

          You are pre-empting God. I believe you are a traditionalist only calling God in you mouth. People like you will never succeed. Nigerians say no to mass looting, poor governance, unemployment, insecurity, being drunk and disgrace of Nigeria in many int’l conferences etc

        • Ebele Factory Child

          Bola, I am waiting for your reply. I have alot to prove you wrong, let us continue pls

      • Shuaibu Bola Victor

        “The grounds on which General Buhari is being promoted as the alternative choice
        are not only shaky, but pitifully naive. History matters. Records are not kept
        simply to assist the weakness of memory, but to operate as guides to the
        future. Of course, we know that human beings change. What the claims of
        personality change or transformation impose on us is a rigorous inspection of
        the evidence, not wishful speculation or behind-the- scenes assurances. Public
        offence, crimes against a polity, must be answered in the public space,, not in
        caucuses of bargaining.”—–Prof Wole Soyinka

        • Funso

          Victor na Ọmọ àlè.

  • sammyctu ode

    okonjo-iweala you have turned to be the greatest finance and economic clown of the century, people like you should not criticize soludo because you have mismanaged the economy, were you not fighting the now Emir of Kano when he was CBN Governor despite the fact that the man has all his figures right? Why did you and jonathan fail to make the forensic report of NNPC public and other financial reports? Useless madame, you are a clown, you have no values and things you can never do at WB, you have been doing them since you have been finance minister. Just make sure you don’t run away when GMB takes over because EFCC will be looking for you.

    • Ebele Factory Child

      Ode, believe me, World Bank will never accept Ngozie again even as their clerk. She now proved that she is inteligent with bad character and always CHARACTER superceeds intelligence.

      • Rotimi Lawanson

        olodo buruku! read the intelligent response.

    • Rotimi Lawanson

      you are obviously very daft. do you even know what is happening globally? why do you think she is being praised everywhere. you think Nigeria exists in isolation? other countries are experiencing major difficulties and she has managed to steer the economy and keep it stable despite the Hausa Fulani conspiracy to bring the country down by using BH to unleash mayhem. it is mumus like you that annoy me.

    • Charles owolabi

      Why don’t you bring your illetrate mother to become the finance minister ? Or is it your petty trader wife to become the finance minister . Shameless man who can not use his real name for fear of being identified

  • Maitama Tambari

    Haba NOI! Belly done full, ba. Soludo was Special Economic Adviver, who brought him after his World Bank assignment? Who recommended him to be CBN Governor? Soludo was not biting the hand that fed him. Soludo was simply telling the truth as an Economist should do without fear or favor. Piece of paper cannot conceal flame of fire because the paper is false, it can only conceal the flame for a while, but the truth, which is the flame will reveal itself in a matter of time, the truth of mismanagement of the Nigerian Economy will be revealed to all and sundries, in a matter of time. Jittery Oh! Madam OOI. Ndigbos saying.

  • Akinwande Kolawole

    This was vintage Okonjo-Iweala. I’m sure Soludo wasn’t expecting such brilliant response.

  • Ebele Factory Child

    No matter how, truth will come out. Ngozie starts appreciating SLS. Anyway God is GOOD. I believe Soludo will come up with another bombshell to tell Nigerians what they do not know and tell us actually who is Ngozie though most of us now know little about the useless woman.

  • ASY

    I am highly embarrassed with this article .Ngozi you and your children (progeny) shall forever reap what you did for Nigeria.Amen

  • ODOFIN, Lagos

    PDP and gej never like truth and constructive criticism. Very soon, Doyin Omo-Ale Okupe and Basketmouth Abati will say APC sponsors Soludo. This is one of the reasons gej has failed all and sundry including his supporters that are still campaigning for his re-election on the grounds of sentiment, enjoying out of his looting and ignorance.

    • Ebele Factory Child

      Odofin, if you observed, Abati is gradually diminishing from the scene. He observed that, GEJ preached issue based campaign but doing otherwise because he has no issue to campaign with. Reason: in Nigeria today, there are only three of four issues upon which one will base his campaign namely 1. Security 2. Curruption 3. Employment Opportunint and 4. Rule of Law. if you can fix these 4 others will automatically follow. GEJ has failed the nation on all of these therefore Abati sees no reason defending him.

  • Ken

    I am so pleased with the response from Ngozi. prof Soludo disappointed me by trying to play politics with Nigerian Economy. Despite the fall in oil prices, the economy still remains strong. It is not magic, it is being done by the Economic Team, headed by Ngozi

  • basil edoma

    The truth will continue evoking all sorts of reactions from the populace. But the fact remains that it will always be truth. It cannot not be covered at all. Just remember that if you’re in office always strife to leave a legacy to be remembered by with. GEJ the truth of your works shall absolve you from the clutches of evil projected to you by Apc.

  • True Nigerian

    Ngozi Okonko-Iweala is the same Havard-trained intellectual who argued, not for days but for months, that the only way to remove fraud from a subsidy program is by removing the subsidy itself, as if subsidy is synonymous to fraud.

    That was the day I stopped listening to anything Okonjo-Iweala wants me to hear.

    But to make matters worse, I then saw Ngozi dancing hilariously at Onitsha head-bridge in celebration of Jona’s fraudulent award of N117b contract for the construction of a bridge that most experts believe its true cost to be less than N33b.
    Integrity and character were dashed to pieces!

    I know very little on economics. But I know enough economics to understand that Ngozi’s Jonathanian economics can kill me, my family and everybody in our village!

    • Wähala

      That Peter Obi-led Atiliogu Dance Troupè was it for me…
      Everyone in that arena that day is not worth sh*t to me thereafter, but some are worth toilet tissues…

    • Rotimi Lawanson

      You have a point on the contract amount but she may have been rejoicing because it must have been a battle to get that bridge done in the first place. four administrations had promised and did nothing. so it was worth the dance. we do have a problem with inflation of contracts in Nigeria. it is the same for the Lekki Toll Road which was heavily inflated. These are some things that must be addressed so you have a point.

    • Charles owolabi

      What are all the governors asking for now? Is it not a removal of the subsidy?
      When Ngozi said Nigeria should save more what did the APC Governors like Amachi and Fashola do they insisted on sharing all the money in the excess crude account something Ngozi set up herself the first time she was Minister of Finance under Obasanjo. The governors even took the Federal Government to court over the excess crude account. Today Nigeria is suffering the effect of these bad decision by the governors. Money that could have been used to shore up the Naira has been spent on unproductive ventures.
      Is Ngozi to blame
      If it was so easy to build a bridge you should have done so. Even the Lagos state government is using the concession model to develop infastructure . Yes in Lagos you have to pay toll to move from ikoyi to lekki and even to Épe. If you don’t know please visit the APC state of Lagos.
      Every Nigerian feels he has the solution to the problem yet does nothing to ensure that he contributes
      We are masters at pointing a finger at others

  • Shuaibu Bola Victor

    It is quite unfortunate that some people might take Chukwuma Soludo’s
    evaluations of the President Goodluck Jonathan’s administration serious.
    As far as I am concerned, Chukwuma Soludo can never offer an objective
    and subjective assessment of GEJ’s administration due to his biased mind
    and vested interest.
    To say the least, everybody knows that Chukwuma
    Soludo was among the few Nigerians that fought hard to deny power from
    President Goodluck Jonathan in 2010 and 2011. In order words, during the
    ailing period of ex-President Yar ‘adua, Soludo was at the fore front
    of the campaign from South -East to stop Jonathan in order for him and
    his cabal to keep holding Nigerians at ransom. But God shouted him down.
    Soludo,
    we all know how he robbed Nigerians billions of dollars as CBN Governor
    and since then has been avoiding EFCC. Based on the corruption
    tendencies of Soludo, coupled with his questionable hidden agenda for
    his latest campaign for APC, Anambra people rejected him when he vied
    for Anambra state guber position in 2011. Again, since Soludo lost out,,
    his sense of judgement has been beclouded considering his public
    utterances and dispositions in recent time.
    I strongly believe that Soludo is biased and cannot offer us neutral and quality evaluation of Nigerian economy.
    WORLD
    BANK and IMF that have the best economists from advanced countries of
    the world have already evaluated and scored President Goodluck
    Jonathan’s administration the best in Africa.
    Is Soludo more brilliant than WORLD BANK and IMF? NO!
    GEJ TILL 2019.

    • Funso

      Ọmọ àlè nì yí.

  • Ken

    Prof Soludo misfired from both sides of his mouth. he complained that Nigeria didn’t save enough; yet he complained that Peter Obi savings is not good. how fatal is this!

  • Amir

    Government of blackmail by the blackmailer for the blackmailed. Soludo is not good, Sanusi is not good. Only Ngozi is the champion who has official cover to release fallacious figures and blackmail others. Where on earth do you see a finance minister approve N1 billion for feeding a president in one year? Where on earth have you seen a finance minister approve black market purchase of foreign currency for false arms deal and breaking the laws of South Africa? Which other finance min is ter will approve the purchase of 4 presidential jets in 6 years? Which economic expert will approve National Assembly budget of N150 billion for less than 10 thousand employees when states with over 4 million citizens budget less? Which economist will approve N300 billion for fuel subsidy in 2006 -2007 only to increase it to N2.3 trillion in 2010? Which expert will hide a forensic report on missing $10 billion even when she promised it will be released in November 2014? The list goes on. The Jonathan people are becoming more jittery and incoherent as the ‘dooms’ day gets closer. All that was hidden will be revealed. Global oil price ni, oil price ko.

  • Screw-em

    The LONG Knives are out. She stabs Sanusi in the back, and now Saludo. Madam Headscarf has no shame…ngo, where is the 1.6million jobs you claim the economy you superintend created under your so called “enviable” economic policies and what happened to the NNPC forensic audit?……..Je suis BUHARI..come February 14, 2015……..lol

    • Charles owolabi

      In your sick mind important reports of this nature is produced in 1 week by companies like el rufia and co.
      Boko Haram report
      No this is going through a proper process
      Price water house is the auditor
      And the national aessembly and accountant General under the constitution are the ones to release the report not madam
      Only an illiterate would not understand

      • Screw-em

        Chucky cheese Owolabi aka Mr. “Literate” ..The cul de sac that report ran into stems from the onerous and damning info inherent in that report. Call me all the names you choose, I’ve too much of a tough skin to “debate” you on your ignorance. The “pious” Anthropologist deluding herself as an “economist” has a lot to answer come February 14, 20015 and thereafter. No World Bank “umbrella” will help her ugly ass when we snap her up with a silver bracelet hopping all the way to kirikiri…….lol

      • FirecloudOFGOD

        You said “And the national aessembly and accountant General under the constitution are the ones to release the report not madam.” If they have not and the report absolves the present government, I have not heard them climb the roof top as FFK is bound to do, as with other trivial National issues? If they have been released, Where? If they have not, Why?, What is holding up the release?

  • FortB

    Only the blind will not see the simple, logical exposition in this reply. Well done madam. Nigerians value you and your management of the economy. A prophet is really not recognized in his own town

  • victo amadi

    #Jonathan inherited 774 LGA, today he has ceded 30 to General Shakau of Boko-haram.
    #Jonathan inherited 23 PDP Governors but he ceded 5 to opposition APC.
    #Jonathan inherited 4000 megawatts of electricity but we are now left with 2500 megawatts with obnoxious tariff from PHCN.
    #Jonathan inherited 2.5 million barrel quota from OPEC but he ceded 1 million barrels to smugglers.
    #Jonathan inherited a naira value of 155 to dollar but naira is now traded at 205.
    #Jonathan inherited 30% unemployment but he has doubled it to 55%.
    #Jonathan inherited positive AAA rating bond but JPMORGAN has rated our bond negative.
    #Jonathan inherited a surviving stock market but he killed the stock market.
    #Jonathan inherited 10% duty on tokumbo cars but he increased it to 70%.
    #Jonathan inherited chibokgirls but he lost them to Shakau.
    #Jonathan inherited a rag tag boko Haram he is leaving behind a sophisticated and daring BH.
    #Jonathan inherited a booming economy but doom is what he is about to handover.
    To worse it off, Jonathan is promoting STEALING against our moral and societal upbringing.
    What then is safe under Jonathan? ??
    Absolutely Nothing!!!
    Dear Jonathan, I can’t afford more losses!
    Enough is enough!!!

    • FortB

      LIES

    • Truthometer

      I hereby raise the motion, that the above should be adopted as the EPITAPHS on Dumbo’s political grave, after Febuhari 14th, 2015. Those who support the motion should say, AYE!

      • kcee

        AYEEEEEEEEEEEE

      • Stomach Infrastructure

        Aye!

      • Chidi

        AYEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

  • Shuaibu Bola Victor

    “The grounds on which General Buhari is being promoted as the alternative choice
    are not only shaky, but pitifully naive. History matters. Records are not kept
    simply to assist the weakness of memory, but to operate as guides to the
    future. Of course, we know that human beings change. What the claims of
    personality change or transformation impose on us is a rigorous inspection of
    the evidence, not wishful speculation or behind-the- scenes assurances. Public
    offence, crimes against a polity, must be answered in the public space, not in
    caucuses of bargaining.”—–Prof Wole Soyinka

    • Jones

      Let us complete Soyinka’s warning. Instead of finding myself in Nebuccadnezer’s hell fire or Shippopotamus greed, I better settle for a man who is promoted on shaky foundation.

      • Shuaibu Bola Victor

        It implies that Buhari is never-do-well, and APC does not have any candidate to contest for the coming presidential election. CERTIFICATE SAGA too.

        • Funso

          Ọmọ àlè ni ẹ́.

  • Oladele

    These people are so shameless! So Soludo got consolidation right and went wrong in regulatory role and who was finance minister and what was her input? Where was Dr Okonjo-iweala when we said Prof Soludo’s 13 point agenda was laudable but agenda no1 should be agenda no13. These folks dont know what to do with the huge funds they suddenly got. However Soludo managed the CBN better except the risk factor which went unchecked but dont put all the blame on Soludo. American reserve bank did same thing and in the words of Citigroup CEO; “we were still dancing when the music stopped” No one expected the music to stop so suddenly, not even Soludo, because the MAKOSA was beating very loud, everyone was giggling so hard, FOREX was booming, Oil was booming, Housing was booming, Stocks was rising and suddenly all unemployable Nigerian graduates became stock dealers and their counterparts overseas “I am into properties” then the bang! But Soludo made savings, and our reserve was healthy so he assured all Nigerians no bank would go under. Even Sanusi could have just bailed them out rather than severely punishing them or what was the sense in selling Intercontinental bank to Access bank? Jobs could have been saved afterall Soludo needed just about 3Billion USD to sort them out and he has the reserve to do just that.

    • Rotimi Lawanson

      Oladele kini? did you not go to school? see how you just dismissed the error Soludo made with one wave of your hand. N5.67 trillion is one small error? Abeg give me N1 million then. What a joke. Have you been paying attention to what is happening globally? can you not see what is happening in other countries? or you think Nigeria exists in isolation. na wa oo.

      • Oladele

        Maybe you should go to school! Under who was Soludo doing all that? Why did Gen Obasanjo sack Okonjo? in fact she ran away, her brother turned out to be the guy that got 60Billion Naira that was supposed to be consultancy fee charged to the country. She should just shut up. What is happening globally? You ever asked those corrupt women what has happened to the NNPC crude allocation since refineries were performing at 20% and sometimes not working at all? Where was the savings over and above the benchmark of crude? in a sane country Diezani and Okonjo should be behind bars and she know so? How come Obasanjo paid 300Billion NGN as subsidy in a year and Yar’Adua paid 350Billion NGN and Dr Jonathan through same Okonjo paid 2.5Trillion NGN in just a year in 2011 which took us to Ojota. What is happening globally? They told you they are subsidising kerosine so people can buy it at 50NGN, tell me who ever bought it at 50NGN? they sold it higher than the landing cost and still inflates the price! are you real?

  • Debekeme

    Again; the classic responses by GEJ and his staff:

    1/. Its not my fault
    2/.its my enemies fault

    GEJ may win this elections but im sure he now knows what most Nigerian’s really think about him and his Government.

    GEJ and his supporters have not asked themselves this question:

    ‘Why is it that people who supported GEJ in 2011 are now against him in 2015’?

  • kcee

    Madam Ngozi, Please i have only 5 questions for you using a laymans English which i feel you have avoided. Please answer to this since i see you try as much as possible to clear your name everytime questions are asked

    1. Pre 2009, Nigeria had a double digit growth (GDP) to the economy compare to GEJ’s tenure? True or False
    2. Pre 2009 we had a debt free and healthy reserve. Is the reserve still healthy under your watch now? True or False
    3. Under your tenure/GEJ we have the highest subsidy payment on petroleum in the history of Nigeria? True or False
    4. GEJ has privatized a lot of govt institutions “Nitel, NEPA, Nig Port, etc which means less burden and increased finance in Govt. purse. Why do government still owe government workers, Doctors, Lecturers, Pensioners etc when politicians have been paid up to date including yourself?
    5. Madam Ngozi you promised the Country a Forensic Audit Report of NNPC by October/November 2014. You have since refused to release it until after the elections. True or False.

  • Shuaibu Bola Victor

    It is quite unfortunate that some people might take Chukwuma Soludo’s
    evaluations of the President Goodluck Jonathan’s administration serious.
    As far as I am concerned, Chukwuma Soludo can never offer an objective
    and subjective assessment of GEJ’s administration due to his biased mind
    and vested interest.
    To say the least, everybody knows that Chukwuma
    Soludo was among the few Nigerians that fought hard to deny power from
    President Goodluck Jonathan in 2010 and 2011. In order words, during the
    ailing period of ex-President Yar ‘adua, Soludo was at the fore front
    of the campaign from South -East to stop Jonathan in order for him and
    his cabal to keep holding Nigerians at ransom. But God shouted him down.
    Soludo,
    we all know how he robbed Nigerians billions of dollars as CBN Governor
    and since then has been avoiding EFCC. Based on the corruption
    tendencies of Soludo, coupled with his questionable hidden agenda for
    his latest campaign for APC, Anambra people rejected him when he vied
    for Anambra state guber position in 2011. Again, since Soludo lost out,,
    his sense of judgement has been beclouded considering his public
    utterances and dispositions in recent time.
    I strongly believe that Soludo is biased and cannot offer us neutral and quality evaluation of Nigerian economy.
    WORLD
    BANK and IMF that have the best economists from advanced countries of
    the world have already evaluated and scored President Goodluck
    Jonathan’s administration the best in Africa.
    Is Soludo more brilliant than WORLD BANK and IMF? NO!
    GEJ TILL 2019.

    • Joe

      From Mama Ngozi’s summon, its clear that Soludo’s surname is liability!

  • Joe

    Soludo, becareful. Mama Ngozi is not happy with YOU!. If there is any woman born of woman that I respect on this planet is Ngozi. This woman sacrificed anything for the economic survival of Nigeria. Soludo, please shut up your mouth. It was you that bank executives used, deceived using awards in western world at the detriment of Nigerian banks. I sad shut up, mama Ngozi has spoken.

    • Mbaba

      You are dead wrong, the Ngozi u know of world bank is no more. Today’ Ngozi is a lion hiding in the goat’s skin. Ha integrity has depleted to the most despicable level

      • Nanaa

        True talk Mbaba, i once respected and revered her like joe. but trust me all that is gone. cause right now they have given her and she has eaten, she is now one of them.

  • Spoken word

    Madam Okonjo you are the worse Minister of Finance in Nigeria ever.

    • Rotimi Lawanson

      olodo! did you even read her response? It was brilliant. Soludo is hungry and only looking for an appointment!

      • Spoken word

        You wicked o. why would you call madam okonjo an olodo. that is not fear. watch yourself o.

      • Spoken word

        You wicked o. why would you call madam okonjo an olodo. that is not fair. watch yourself o.

  • Rotimi Lawanson

    (Just saw this brilliant piece too)
    Soludo: A Pseudo-Intellectual for Hire

    I have taken my time to read, albeit painfully, the very lengthy article put together by Soludo and gleefully published by

    Sahara Reporters. When I read the article from a man who literally dropped off the surface of the earth for about 5 years, my first question was not, “What is he saying?”, rather, “What does he want?” in Soludo’s case, the answer is clear enough; or at least, I shall try to make it clear. Charles Chukwuma Soludo’s pen-ultimate article in which he criticized the government, and to which he himself refers in his last publication, was written in 2010 just when we were on the brink of an election. In fact, the scenario was not much different from what we have now. With an election on the way in 2010, the former CBN Governor blasted the government, citing different reasons why he had rated the government to have failed. Now, he is back, with much the same story except for the fact that the narrative is longer.

    In life, Intelligence and character are not synonymous with each other. What Soludo has in intelligence, he lacks in character and because his character far dominates his intellect, he is wont to continue making bad decisions due to bad judgement. As a respected and revered investor and global statesman once said; we should always look for three things in an individual: Intelligence, Energy and above all character (integrity). He said we should choose people with all three but never work with a person who has intelligence and energy but no integrity. When Soludo came on stage he was a brilliant young economist and lecturer. He was well known within the East even though not internationally accomplished then as he would like many to believe. However, when Soludo was brought to Abuja to serve as Chief Economic Adviser, his real character emerged. As the saying goes, when you want to test a man’s real character, give him power. He had barely settled when he began displaying megalomaniacal tendencies and a giant and misplaced ego brought about by a deep insecurity. He appropriated every idea and became a one man riot squad. All ideas by the Economic team of which he was a member, soon became his personal ideas. Without decorum, he seized those ideas and claimed they were his.

    He, through his outsized ego, threw around his weight as CBN Governor and began to imagine himself as some overlord of Nigeria. Such was the treachery displayed by Soludo. Of course, we are all witnesses to the massive fraud that took place under his watch. Within a short while Soludo became mega rich. He bought houses in London (NEXT Newspaper expose) and was even arrested by EFCC for the Polymer scandal which is still ongoing. It took a Sanusi Lamido Sanusi to come and clean up the fraudulent mess that he left. The ooze and the putrefying smell of his dubious tenure is still with us. This is the same man that is pontificating as if he is a self appointed messiah. Hear him pander to all our ex military leaders in his write up in a desperate bid and mis belief that by acting the prostitute, he will be thrown some crumbs in the form of an appointment in a new government. But just as I mentioned earlier, when a man’s ambitions and lust for power far supersede that man’s intellect, that man will always display a lack of wisdom in decisions. That is why Soludo erroneously believed that he will be Vice President under Yaradua. That is also why he believed he will become Governor of Anambra State. Having failed in both attempts, he latched onto Atiku Abubakar in the mistaken belief that he will win the last primaries. That never happened. Then he attempted once more to become Governor of Anambra State and failed again. After hibernating in between his EFCC visits, Soludo is back again doing what he does best. Guess what? It’s another election year. The spectre of a position in government is too attractive for him to ignore. You would have thought that if Soludo felt so strongly about the economy he would have spoken up earlier than now. But for Soludo, that is not part of his character. Raw and blind ambition coupled with disgraceful and uncouth megalomaniacal tendencies laced with a penchant for corruption is truly what he is. Is anyone surprised that he is speaking now? Desperation for a position is what he is looking at. When a man can do anything for career advancement you know that is an individual you should never touch. Having failed in politics, he is back in the mistaken belief that a position under a new government in an election that hasn’t been decided yet is the solution to his woes. Once again, a sign of bad judgement driven by a lack of integrity. If he wants to lobby for a political appointment, there are certainly better and more respectable ways to do so. Class, poise and finesse never did anyone any harm.

    No Soludo; It isn’t the government that should be graded an F, it is your character and lack of integrity that should be graded an F. No one will ever rely on a man that can never be trusted. No one will ever rely on a man whose ego, desperate ambition and lack of integrity drives him. I will end with this comment from someone online which pretty sums it all!

    I see that Soludo’s foray into his ill fated political outings – with Atiku first then later wanting to be governor of Anambra state, has left him bitter and jobless. No international agency has touched him since he disappeared from the public eye because of his colossal reputation as the fraudulent CBN governor. His rantings here are nothing but the last desperate act of a man who is drowning. Soludo in his typical over inflated ego tells us that all the international rating agencies are wrong and only he Soludo, the man under who the biggest banking fraud in Nigeria took place is right. What a shame that Soludo’s poverty of character has reduced him to a miniature stature of a man, a pseudo intellectual for hire.

    Uwa Eghomeka writes from Benin City

  • Arabakpura

    Ok, Soludo did that, but there was no ”AUSTERITY measures”’in his time. This is the worst time in Nigeria, economically speaking despite having world bank and IMF experts in our finance ministry. I think Mr President over trusted these people and now we are in this mess of an economy.

    • Rotimi Lawanson

      times are tough but they could have been worse. That Madam has saved this country. if she wasn’t here we would have a terrible situation on our hands. when she arrived the situation was very dire. i remember. Nigeria’s economy is one of the fastest growing. if you are in Agriculture and a few other industries you will understand. it takes time for these things to have a ripple effect. it is like a tree that has been planted. it must have roots first and germinate before it becomes a tree. that is where we are. if we vote this Islamist everything will be disrupted and we will go back to Egypt.We will never go back to Egypt.

      • Arabakpura

        Her constant assurances that all is well while one watches ones fortune dwindle really befuddles me. You could be right about her efforts but it’s been all south for the common man. I believe that something called ”truth” is missing in all this.

      • basil edoma

        My understanding in this part of the drama is that the erstwhile prof soludo made a number of provocative innuendos when again he trys to sell his copy, paste, edit agendas that are only attainable for a con artist like himself. No doubt between 2003 and 2009 when soludo was in the seat of power people will remember that workers and staff were owed salaries for long periods and Nigeria also had to borrow money from institutions like the Paris club which we didn’t really need but because the tyrants who were running our financial institutions at the time were busy sifting monies away to many numbered and untraceable accounts outside Nigeria, living the life of Czars and attaining celebrity status at the expense of the common working man who is taxed on unpaid salary and left to suffer. Indeed that period was the most difficult for Nigerians. Now the president as a smart man got rid of him as quickly as if a leper. Enters Ngozi who knows her onions when it comes to financial etiquettes and begins a salvage work which might take a long time to rectify. Putting on the ground vehicles to aid in quick time to make the economy healthy. Look if Nigerians want let them do whatever they want but whatever we do let’s always cast our minds back to past events in this country. Let’s not act as if we don’t know or we know but prefer to play nonchalance. The buhari maniacs keep clamouring for change but I tell you change is already on ground.

  • Mbaba

    Likewise she is the worst finance minister ever, under whose watch Nigeria cannot pay salaries, poverty jumped to 71%, unemployment risen to 24%, etc

    • Shola

      Did you say worst finance minister? That is not correct, under her Nigeria became the largest economy in Africa

    • Wordchamp

      You need to read the two articles with an objective mind. Juxtapose the
      issues raised by Soludo with the response given by the Finance Minister.
      Concerning the issues you raised, every country is feeling the wave of a
      global economic crisis. We should be grateful for someone like Dr Okonjo-Iweala who has not allowed the situation to run out of control.

  • Spoken word

    Long Story. the man on the streets knows the reality. Our current economy is in shambles.

    • Rotimi Lawanson

      OLO-DO!!! because you cannot read you said long story. if it is about Dbanj you will read everything. that is the problem with our half baked graduates.

      • Spoken word

        I agree with you GEJ is an Olodo.

        • Rotimi Lawanson

          do you see why i called you an Olodo? you don’t even know!

  • Dr Iweala, by this response has confirmed that She lacks the capacity and competence to manage the Finance Ministry.This wasted effort is more or less an attack on the personality of the globally acclaimed Professor of Economics without doing justice to the critical economic issues raised.
    Professor Soludo raised numerous issues which this response did not do justice to:
    * The depletion of the foreign reserves and Excess Crude Oil accounts built by OBJ and Yaradua. Governor Amaechi had to cry that they forced the Government to share the funds when they discovered that it was being depleted daily. $5billion was subtracted for power which is still comatose.In any case, no Governor could force a President to touch an account being preserved for the rainy day. How come this did not hsppen with OBJ and Yaradua.
    * Unemployment by the World bank was 56% and 54% based on data from the National Bureau of Statistics thereby leading to associated crime by the youths.Chief Mike Ozekhome after his kidnap
    , described youth unemployment as the father of Boko Haram, militancy, Kidnapping etc.Dr Iweala herself admitted the the misery index grew in 2013.
    * She did not contradict most of the economic indices raised by the Professor but attempted to hide behind the World bank while refusing to quote the recent rates for poverty by the NBS.
    * The dealt more on GEJ team’s plan in a period of austerity rather than what they did with the plenty available to them.

    • Rotimi Lawanson

      Did you bother to read her response? I think she gave a very brilliant response to a very jaundiced article by that Soludo. have you asked yourself why it is at the last moment just before an election that Soludo is speaking? If he felt so strongly about the economy why didn’t he speak up in this past four years? Why is it just before an election? That should tell you that it isn’t a genuine comment from this misguided Professor. Character is very important in life oo! the man no get am! this is the same thing he did when Pres Jonathan was contesting against Atiku in the primaries in 2010. He was shamelessly supporting Atiku and then he attacked the government. when Atiku lost the primaries, he disappeared. I can never take such a person seriously. Madam abet carry go jor! don’t mind this misguided Professor!

      • bugwu

        Yes her response is very brillant

        • Edward

          which response?

    • bugwu

      The go and run it. You are preaching hate. She is the best in this country today.

  • Mamapikin

    Await Charles Soludo Part II, in which he will ask how much President Jonathan’s militant Generals are being paid, and where that money comes from…how long do we have to wait for the audit report on the missing 20 billion dollars, and why exactly Mallam Sanusi was chased out of power and still being hounded by Dr. Dumbo’s police dogs, if like Mme. Aferdi says, he was the best CBN Governor. These are all lies.

    The unemployment figure is a lie. The agriculture magic is a bigger lie. The fertiliser story is nonsense, the rebasing of economy is a joke no one outside Aso Rock and some local media take seriously. The heart of Charles Soludo thesis is simply this: “why were you not ready for the crash in petroleum price?”. Simple and clear. Why abuse the man? Is it a lie? You were not ready. You were busy talking nonsense, saying “we de kampe”, when you were forewarned about your impending doom. Charles Soludo strikes the chord with extraordinary clarity…by comparing the response of this government to that of President Shagari’s in the early 1980s, after Chief Awolowo’s thesis. The Yoruba politician was also called names.

    Mme. Aferdi, Charles Soludo is not running for any elections. Charles Soludo is neither in government or in power. He is not even in Nigeria. But like your other rabies infected colleagues, ie. Reuben Aberti and Doyin Okupe, you have re-enacted that peculiar quality of President Jonathan, Patience and their coterie of reptilian creatures from the swamp …”I don’t give a damn!….go to hell”…damn you”…breathing sulphur and brimstone, invoking curses and mudslinging…pettiness and backbiting…that’s all you guys are known for. And it will do our peace of mind a lot of good to get rid of you, your vexation and confusion once and for all, so that we may have some peace in the land. You surely cannot and will not be allowed to goon like this for another four year, oh no!

    In fact, there is really no need listening to this woman and the scandalous political regime she represents. Just take the case of the defines and security budget. They just don’t know what they are doing. How many days more to go by the way…
    The count down is on….

    • Rotimi Lawanson

      My friend shut your mouth! he is not running for elections? He ran and failed twice. He tried to be Vice President under Yaradua and failed. He tried to be Governor of his state and failed twice. And you say he doesn’t want anything. Ode! why is he speaking now? If he felt so concerned about the economy why didn’t he speak earlier? This is the same thing he did in 2010 just before the elections when he came out openly to support Atiku Abubakar. Unfortunately, Atiku lost. if you say such a man is not looking for anything then come I will sell you some snow in Sokoto because you must be an Olodo!

      • Mamapikin

        just like your lovers, those creepy reptilian creatures from dirty swamp water, you can’t understand tenses. Isn’t there a difference between he is not running for elections, and he ran for elections? In any case, the time for debate is over. Jonathan and his crowd of journeymen will evacuate Abuja, one way or another. My PVC is ready. Let them go and bark to the marines now.

      • Nanaa

        Rotimi, you can respond without the curse words. it makes you more rewsponsible.

      • Adeniyi Ogunfowoke

        Mr. rotimi lawanson Iweala!!

    • bugwu

      Soludo wanted the PDP ticket for governor and he failed to pick the ticket.

    • Frustratedcitizen

      “Impressed by the success of Nigeria’s e-wallet system, both Uganda and Kenya are collaborating with Nigeria in order to introduce the system into their respective countries and the African Union is encouraging use of the system throughout the rest of the continent. And, as further evidence of strategic cooperation and mutual assistance amongst South-South nations, Brazil, India, and China also have expressed interest in replicating the system in their own agricultural sectors.” Why don’t you google e-wallet agriculture and find out for yourself, how the world sees this creative approach to fertiliser distribution. Or are Nigerian news sources the only ones you know how to read? Instead of spreading false information that everything is a lie, you have the internet at your disposal.. Nigerian sources are not the only ones that exist if you have suspicions. Educate yourself.

  • Adoki Achine

    Madam Okonjo-Iweala, don’t vex for this question that I want to ask, in fact 4 questions that I have been wanting to ask but had not found the opportunity:

    (1) Why is it that in your first outing, you were able to save a lot of money ($22 billion excess crude + $60 billion
    foreign reserves) for Nigeria, but in your second coming, you could not even save one-quarter of that amount even when oil was selling for twice the amount? Is it true that you people chop all the money?

    (2) Why is it that you were able to pay off all our debt during your first outing but you are busing accumulating debt in your second coming? Is it that you were not the one doing the job the other time?

    (3) Why is it that, even when you told us in 2015 budget presentation that subsidy was no longer necessary at $65 a barrel of crude oil, you still went ahead to budget N673 billion for subsidy (N460 billion for PMS subsidy + N160 billion for kerosene subsidy + N53 billion payment to SURE-P as ‘subsidy savings’) all in the 2015 budget? Is it that you people are preparing another subsidy scam?

    (4) Now, apart from the fact that oil prices had fallen well below the $65 threshold, you people are still subsidizing fuel at N2.50k. Why did you not simply reduce fuel price by N7.50K to completely eliminate subsidy? Why are you bent on paying subsidy even when, by your own admission and their own accounting, there is no longer need for subsidy?

    • Rommel

      Why did you not ask her where the forensic audit report of the $10 billion she admitted was missing is? why did you not ask her why our forex has depleted to lowest level since 2003 and for how long has this crude oil price slump lasted for it to be the reason why Nigeria is where it is now? why did you not ask her is she knows how much Naira is exchanging today

      • Kolade

        If you have any issue with the forensic audit report, you should direct that to the Minister of Petroleum Resources. The finance minister is not the one in charge of NNPC. As for the slump in crude oil price, we should thank Dr Ngozi Okonjo-Iweala for her foresight without which the nation would have been seriously affected. If you had been following the developments in Nigeria, you would have known that the finance minister has predicted the fall in crude oil prices and she has taken measures such to mitigate the effects. These measures include accelerating economic diversification and increasing savings. Unfortunately, her efforts are being undermined by politicians with selfish interest, especially in the national assembly and among state governors.

        • Philex

          If you prefer, we would stop being nice to madam and call a spade a spade, simple! She has become like all the other crooks in government, period. Was it not under her nose that the subsidy fraud was perpetrated? They cannot be crooks in this government, and the chief accounting officer would not be part of it.

        • FirecloudOFGOD

          You said ” …you would have known that the finance minister has predicted the fall in crude oil prices and she has taken measures such to mitigate the effects. ”
          Kindly provide references please!

    • bugwu

      You are acting like soludo my brother, if you had patient and read through the write up, she said the Governor has gone to court (Amechi and his cohorts) that the money should be shared.
      Again how can FG bring price fuel cannot be reduced to N7.50k b/c we lost money from crude and that will erode any gain you think that FG will make in petrol.

    • Kolade

      Your questions are puerile and off the mark. You should first find out what it takes to manage a nation’s economy before making baseless insinuations.

    • Ekerete Etukudo

      Go and ask Russia why their currency is in freefall and their bonds downgraded to junk; then you can learn to appreciate the devastation caused by slumping energy prices.

  • Rommel

    Honestly if this is what stuff madam Okonjo Iweala is made of,if indeed she approved this message as a response to the facts put out by professor Soludo,then it is clear where our problem is coming from.This is a woman who presided over the fuel subsidy scam,which is without doubt the largest scam in the history of Nigeria,this is a minister who claims prudence and yet added no dime to our forex but depleted what she inherited in the name of the so many carefully orchestrated schemes that has yielded nothing to Nigeria but created few billionaires whose investments remain mysterious,we all know what crude oil production and price were under the OBJ administration,for long,Mrs Oby Ezekwesili has been calling for debate concerning the economy and this same Okonjo Iweala has kept mute but now coming out with personal attacks against someone who has reeled out facts.In the wake of the missing $20 billion which Sanusi Lamido screamed to the nation was missing,Mrs Iweala did admit that the figure was closer to $10billion and she promised forensic audit to be ready in 3 months,well I am sure that Nigerians know that she has refused to release the report, this response is lacking in ingredients and is no way an answer to the questions posed by the ex CBN governor.Mrs Iweala failed flat in her responsibilty,we had such high hopes on her

    • Wordchamp

      Did I hear you talk about facts put out by Professor Soludo? Where are the facts? Did you read the response at all? It is unfortunate that you have become so blinded by sentiments that you can no longer form an unbiased opinion. Your comment about the fuel subsidy scam betrays your ignoble intentions. It is common knowledge that the finance minister played a lead role in bringing subsidy thieves to book and saving the nation huge sums that would have gone into settling false claims. How can you now accuse her of presiding over subsidy scam?

    • Wähala

      Your first line is a blatant lie… likewise your last sentence which impeached your whole submission. It was she who discovered the scam called fuel-subsidy and it is not her Ministry that was examined, the forensic examination was supervised by the Office of Accountant General of Nigeria and the Ministry of Petroleum. If anyone is sitting on the report, try lifting the bulky back portion of Aunt Diezani, or the Fed. Govt. who authorized the audit. Do you know the meaning of, “Supervising Minister for the Economy” at all? It simply means she’s the Head Prefect in a school full of prefects… kapisch?

  • Dr Iweala, by this response has confirmed that She lacks the capacity and competence to manage the Finance Ministry.This wasted effort is more or less an attack on the personality of the globally acclaimed Professor of Economics without doing justice to the critical economic issues raised.
    Professor Soludo raised numerous issues which this response did not do justice to:
    * The depletion of the foreign reserves and Excess Crude Oil accounts built by OBJ and Yaradua. Governor Amaechi had to cry that they forced the Government to share the funds when they discovered that it was being depleted daily. $5billion was subtracted for power which is still comatose.In any case, no Governor could force a President to touch an account being preserved for the rainy day. How come this did not hsppen with OBJ and Yaradua.
    * Unemployment by the World bank was 56% and 54% based on data from the National Bureau of Statistics thereby leading to associated crime by the youths.Chief Mike Ozekhome after his kidnap
    , described youth unemployment as the father of Boko Haram, militancy, Kidnapping etc.Dr Iweala herself admitted the the misery index grew in 2013.
    * She did not contradict most of the economic indices raised by the Professor but attempted to
    hide behind the World bank while refusing to quote
    the recent rates for poverty by the NBS.
    * She dealt more on GEJ team’s plan in a period of austerity rather than what they did with the plenty available to them in 6years.
    * She cleverly avoided the missing $20billion that
    she directed we should enquire from Diezani.
    * Subsidy Corruption from whose proceeds SureP is using for the roads, bridges etc.Where are the ministries’ allocations.
    * She never disputed the fact that GEJ least performed than OBJ and other administrations based on the average crude oil prices.

    Dr Iweala deliberately stood lie on its head for blaming Professor Soludo for the bank losses.The losses were triggered by Sanusi, who due to extranuous reasons decided to shut some banks out of the rediscounting window.Sanusi could be forgiven because he was just cutting his teeth and as such cauded the nation a lot of funds which could have been used to refinance this banks until they became stable.This was a global issue and America supported her banks to recovery.

    • George

      Your comment betrays a lack of intellectual capacity and competence which you have misguidedly attempted to project on the Finance Minister. With her detailed response which is well supported with relevant facts and figures, Dr Ngozi Okonjo-Iweala has sufficiently done justice to the issues raised by Professor Charles Soludo. Perhaps you need to read the response again.

      • basil edoma

        You’re on point George… only fools would leave the sanctity of freedom and respect for a spot on the masters table as a slave….

    • IB

      Nice response..please permit me to share this in places where this article is being read..

  • Dazmillion

    Madam Minister, please explain how you did not see the crash in oil price that you had to present the budget thrice. That shows unpardonable incompetence.

    Also Sanusi has suddenly become the best CBN Governor after being sacked for blowing the whistle on $20B fraud.

    You Madam minister have no shame.

    • Naijaman

      Dazmillion, the minister has long foreseen the crash in oil prices and has advocated measures to cushion the effect. Get your facts right before making public comment.

      • Dazmillion

        Yes you are right. She saw it so clearly she had to go back to the national assembly thrice with different oil benchmarks.

    • Toju

      And why the budge was benchmarked at 65USD. and why last year subsidy was to have been eliminated at 60USD/barrel but this year subsidy is being paid when barrel is 50USD.

  • Sydney Ezika

    Soludo, frustrated Prof of Economics. OBJ boy, we are not surprised. You were frustrated from CBN and refused a second term, you were also frustrated from becoming Anambra State governor by PDP and APGA. Please continue talking silly and belittling your status.

  • Ekwekwe

    This is more than judgement day for Soludo. This is not a rebuttal. It is a superb essay, a fantastic account of the Jonathan Presidency. I can only blame Jonathan for hiring non-professional communicators (essayist Ruben Abati, loud mouth Okupe, and accidental journalist Labara Maku) to be in charge of communication for the government. Most of the attacks this government receives arise from government’s abject poverty in communication. If it had been otherwise, the conman, wicked and semi-illiterate Bokohari would not be having his current malaria-induced dream of ruling Nigeria again.

  • Gideon Orkar

    kai Propaganda Times wont understand all the big English and numbers in this press release

    • segun

      Madam Ngozi Iweala, how did we become one of the poorest nations in the world inspite of this according to you “big English and numbers in this press release..? Can you answer please? Do “Big numbers” make citizens of countries to be rich?

  • shegxy

    what do we expect, honestly i will say we do not expect something different from the office of Coordinating Minister for the Economy and Minister of Finance we know that they will defend themselves by bringing up some sort of analyses that will confused some gullible and uneducated Nigerians as an Economics specialist all what is been narrated here is just some sort of defends and abuse to the former CBN Governor the numbers just doesn’t add up. but i will leave that for another day

  • Matters_Arising

    Between 2005 and 2009, Jobs were everywhere. People make choice and change jobs at will, but today Ngozi has told me that Nigeria is doing well in pages of newspaper. So many graduates from 2009 till date have not seen what aptitude test looks like. Well, Soludo said in his final remarks that ” truth hurts but GEJ will appreciate his article after he leaves office. OBJ also warned but was accused of seeking relevance, we did not expect anything less. The time bomb is ticking, Nigerians are waiting for February 14. You will know how the economic team performed very soon.

    • BENNETT_2

      Let us refresh our memories. Was it the same PERSON Former President OBJ removed to External Affairs, then sacked, when she was on duty abroad??

      • Matters_Arising

        You are very correct, she was sacked because of corruption.

  • Truthometer

    What do you expect from Ngozi? She is not actually the Minister of Finance, but the bookkeeper for the criminal gang looting the country’s treasury.

    • Rotimi Lawanson

      You have always commented negatively on anything pertaining to this government and it is sickening. seeing something truthful and acknowledging it still does not take away your right to vote for who you want. what Soludo did was it genuine? Have you asked yourself why he only comments just before elections? Have you asked yourself why his last comment was just before the primaries when he was openly siding and supporting Atiku because he wrongly thought Atiku will win the primaries. when he lost he vanished. This is a man with a giant ego and who appears very desperate for power. it is so sad. he should have kept quiet! this man tried to be VP under Yaradua and failed. He tried to be Governor of his state and failed and he presided over a fraudulent mess at CBN. it is only in Nigeria that such characters can even talk. In other countries he will be in jail.

      • BENNETT_2

        The recurring decimal continues. Where will it stop?? Let the STEALING GAME CONTINUE, since nobody can bell the cat!!!

      • Truthometer

        Bro, don’t take it personal. When you are benefitting from the rots being perpetrated by this government, the ability to reason properly could be so challenging. I can understand that. But sometimes, find time to sit alone and think about the following national issues going on under the superintendent of Dumbo and his wrecking crew called cabinet: clueless and directionless governance, massive looting of the treasury without punishment, vicious boko haram insurgency wrecking havoc in the Northeast Nigeria, kidnap of Chibok girls, upgrade of bribery and corruption into statecraft, immigration employment scam and death of job seekers, corruption is not stealing, stealing is not corruption, money missing from the treasury without any explanation, our President parleying with ex-convicts and shady characters etc. Open your mind and tell me if you are comfortable to live in this kind of environment. I want the best for this country; and the best I can do is to ask for better governance. What have done wrong here, bro?

  • pheliciti

    This is the most acerbic and undignified statement to ever emanate from the Nigerian govt. Must they be abusive? How do they then correct their children? Okonjo Iweala (who should be explaining why the USD is now N210) keeps building Potemkim villages and then flares up when you refuse to be fooled.

    • Rotimi Lawanson

      rubbish. Did you see the nonsense and abusive language used by Soludo? why didn’t you say anything then?go and rest jare!

      • pheliciti

        I read and observed that he addressed issues without using abusive words. You may disagree, likewise FG, but no need to call your citizen a ‘loser’. Seems flippant and too uncouth for the office she occupies or any office at all; even if Soludo was abusive.

        • Rotimi Lawanson

          He is a loser. This same Madam worked with him in the Economic Team. he knows where she is. If he had concerns he could have gone to see her all along. Why did he wait until the elections and when he is calculating that if Buhari triumphs he can position himself for something. This man isn’t genuine and he has a big problem with his character. He is a megalomaniac. This man did the same thing in 2010 when he sided with Atiku against Jonathan in the hope that Atiku will win the primaries. Atiku lost and he vanished. He has now resurfaced again just before elections to speak. why couldn’t he speak these past four years? He is not genuine! my people think critically please. This man tried to be Governor twice and failed. He lobbied to be Vice President under Yaradua and failed. Now he is back again just before elections! So he is a loser and a terrible one at that. He is also an opportunist with a useless ego!

          • Amir

            We are not practicing monarchy. Every Nigerian has the right to vie for any position. If Jonathan took Soludo’s position as you alledged, now we know he was more capable than the president who just want to sit out 8 years.

          • Omar

            I kind of agree with your assessment of his political moves, but aside that, is there truth in his analysis of the present government? Also, his failure in elections shouldn’t be a basis. People fail not because they are not qualified, but because the electorate themselves don’t know the right candidates. Just my view.

          • JustMe

            How do you know that he never approached her (OBJ approached GEJ and when he refused to listen he sent public). By the way, if it were an Oyinbo company that wrote the report would you cry wolf but because its Soludo, he should first see her abi. I believe strongly that if OBJ had not given the requisite economic oversight even though Ngozi was there, the turnout might not have been that positive. Unlike GEJ that relinquished all to Ngozi economy-wise. Meaning no one is really querying her.

          • Alouche

            What is her beef? Did Soludo mention her name?

          • beauty and the best

            Ask her attack bingos online.

      • Toju

        Soludo did not use any abusive language. His criticism was even constructive.

      • Fredodo1

        @Rotimi Lawanson…..you must be well paid for this NOI defense. I do hope it is enough to cater for your immediate needs

        • Rotimi Lawanson

          i am not paid by anyone. I don’t need to be but when i see a gang up i know one.

          • Okporoko

            Rotimi don’t mind them. They are defending Soludo but not paid. You defend NOI and the government, you are paid. Buharists can take you to the only level they know.

          • Alouche

            Soludo does not have money to give. NOI and her gang are in charge of our oil money plus all the money they put in the budget as slush funds for non-existent subsidy.

          • Okporoko

            No be small thing. APC too no get money to give.

      • Adeniyi Ogunfowoke

        this rotimi is a monkey! ur arguments are devoid of facts. very shallow.

        • Okporoko

          You cannot do better than insult. It is your level

      • JustMe

        Haba, you fire and insult people without intelligently stating Ngozi’s STRONG Points. Soludo DID NOT attack Ngozi’s person at all. He merely did an analysis which they could have countered without been obviously rude and malicious. There are ways responses should be made especially from an office like hers. This is not is al all. By the way, are you a pay-as-you post guy because I am beginning to suspect you.

    • Toju

      Thank you. I don’t understand why they can’t be civilised.

    • Okporoko

      She has explained it but your brain could not get it; so who is clueless now? They have to be insulting because Soludo was too

  • Jogr8t

    The problem we Nigerians have is dat we hate d truth and to some people they cannot do without saying it so d Buharians should continue wateva they want 2say.. We don’t value wat we have until we loose it.

    • Amir

      I can’t wait to loose a minister who is borrowing money at a rate that even my children can’t pay.

  • Adeniyi Ogunfowoke

    madam forget. i am nt surprised @ ur response. U are only exploiting jona’s weakness since he is clueless. i am sure everything Soludo said is true but what response do we expect from? madam u will soon be out of Aso-rock. Change is nigh.

    • Rotimi Lawanson

      Adeniyi you only see what you want to see. what is good is that you are not God! she gave a brilliant response with facts. she hasn’t sugar coated anything and acknowledges where they have challenges. she is doing the best in most challenging times. i wish some of us will ask who has been sponsoring BH to destabilize Nigeria and try to make sure our economy is run down unless they get power back. These are challenging times and she is doing an excellent job. Soludo could have spoken up long ago but didn’t. he only speaks when elections are near so that he can get something. he is a power desperado. if he was so concerned about the economy why didn’t he speak up since? That should show you he isn’t genuine.

      • Adeniyi Ogunfowoke

        U can continue supporting blindly! the wind of change will blow both of u and co-supporters into insecapable doldrums! *hiss*

        • Okporoko

          There is only one wind of change blowing – NEGATIVE CHANGE

  • Dauda

    Dr. Ngozi Okonjo Iweala, Nigeria has 24% unemployment rate under the watch of President Jonathan and under your watch, can you explain how this happen please?

    • Ayelala

      24% unemployment? You are having a laugh,ain’t you? How does a PhD holder riding okada has suddenly become employment.
      How does the 24% figure tally with the 120 million Iiving below the poverty line?
      The unemployment figure is evidently over 60%.
      Iweala is a self serving propagandist and morbidly corrupt. This woman cannot even supervise an ordinary budget.
      Expert my butt, she is a fraud.

      • Okporoko

        Any PhD holder that is unemployed should question is PhD. How many Nigerians graduate every year and how many jobs do you create that can cater for all? Think! Soludo is rather the paid propagandist, OBJ’s boys are known as food to speak people. He has eaten and spoke to discredit the government with distorted statistics. Only APC goons like you will believe Soludo with no reputation but one of established corruption in the banking sector. He was writing about the federal government but forayed into Anambra just to express his pain at losing to Peter Obi. He is a frustrated man.

  • BENNETT_2

    Statistics is like a drawing, when THREE PEOPLE look at it they see THREE DIFFERENT IMAGES!!!
    BROVO!!! ALL OF YOU HAVE DISPLAYED YOUR WISDOM!!! However, the PRACTICAL FACT STEERING at everybody in the face is POVERTY EVERYWHERE.
    WORKERS OWED FOR MONTHS!
    PENSIONERS OWED, DYING!!!
    PROSTITUTION ON THE INCREASE!
    NO WORK BUT MORE CARS OWNED BY IDLE MEN ON OUR ROAD!!
    How do we explain this type economics?

    • Rotimi Lawanson

      My friend when did you arrive Nigeria? I can show you comments from when Obasanjo and Yaradua were in government. compare so you know that the issues were not created now. I agree that more should be done but i will never support a demonic coalition targeted at this woman who brings so much credibility to Nigeria. Who is Soludo? Which investment can he attract to Nigeria? He is not even recognized outside because of his fraudulent tenure as CBN governor. I am sure EFCC will soon invite him again to finish his case that he was arrested for.

  • beauty and the best

    Ngozi Okonjo Iweala has messed up Nigerian economy, is she not the one encouraging the government to keep borrowing from her former employers, the world bank because of her personal interest in the institution. Madam chill, you are no match with Prof. Chuma Soludo.

    • Rotimi Lawanson

      You must be such a dunce. No match for who? Please go and check accomplishments of both parties. Let us not distort things because we don’t support the President. Did you even read the article? I don’t think you did otherwise you wouldn’t have made that statement. Please read the article carefully like I did.

      • beauty and the best

        You are a bloody bastarddddd, fkkk off, disgusting little rat.

        • Rotimi Lawanson

          another dunce!

          • beauty and the best

            Bleeding scab with no brains. Hijo de puta. Get lost.

          • Rotimi Lawanson

            You are still a dunce!

          • beauty and the best

            You are still a savage.

          • Okporoko

            As typical of APC, your level is to insult. I expect my share and I know you won’t disappoint

          • beauty and the best

            Wrong! You see you are a bloody f00l, I am not partisan, I stand on the side of justice and truth unlike you PDP aimless drifters.

          • Okporoko

            I know, lol. You must show yourself

          • beauty and the best

            How??? You showed yourself in a shameful manner.

          • Toks

            Please ignore that little piece of sh1t. He has got nothing constructive to offer other than peddling of falsehood to appease his paymasters.

          • beauty and the best

            I know my brother, he is a useless rat.

          • Okporoko

            You showed yourself as I rightly predicted by resorting to insults because that’s the only thing you know how to do best. It’s your area of specialisation.

          • beauty and the best

            Even your name Okporoko indicates you are a sick man, get some help dude!

          • Okporoko

            Trade mark – insults. You need to register it and set up company for insulting people because it is your talent

          • beauty and the best

            You sound like a frustrated 419er, lol. Get a life and do something for yourself. Loser…..

          • Okporoko

            Already have a life giving you heartaches by exposing your lies.

          • beauty and the best

            LOSER! Get a life boy and stop looking for whom to scam. Idle troll.

          • Okporoko

            Rotimi don’t go to his level because he will beat you there; he cannot understand facts.

          • beauty and the best

            Decaying okporoko, PDP online attackers, ewu gambia.

          • Okporoko

            You see, you didn’t disappoint; proving your stock

          • beauty and the best

            Get lost. you don’t even have anything to offer.

          • Okporoko

            I know that’s why I didn’t offer anything but at least predicted you correctly.

          • beauty and the best

            That indicates how wayward you are. Aimless drifter.

          • Okporoko

            You still can’t get the drift? It’s because your only turf is insults. It’s a shame!

          • beauty and the best

            You are sick, very sick, why did you notice my comments in the first place? Bleeding scab.

          • Okporoko

            Haha! Your turf again. Specialty is insult and hobbies insults

          • beauty and the best

            You are just a bloody troll that needs a proper life. Change your ways, Yahoo Yahoo 419er. Troll.

          • Okporoko

            Already have one exposing your fraudulent ways. I’m sure you do that cos you so know about them.

          • beauty and the best

            Hahahahaha, get lost troll. Do something reasonable with your miserable life.

          • Rotimi Lawanson

            Caburon!

          • beauty and the best

            Cabron de mierda. Vete a la mierda. Gilipollas.

          • Rotimi Lawanson

            I see this is where you are comfortable! you are still a dunce because you cannot debate facts! What is your name? You are too afraid to disclose! Olodo!

          • beauty and the best

            Which facts are you talking about b!*ch??? How can I debate with someone with no brains who will always be warped and biased due to the fact that you support a failed political party. Nothing to discuss with a loser. Boludo, mono de mierda.

          • Toks

            Don’t mind that f00l. Here is a man who doesn’t know that there is a clear difference btw ceasefire and seize fire before one Good Samaritan came to his rescue. Now he wants to debate facts… in what language, one may ask?

          • beauty and the best

            My brother God will bless you. Some of these boys are very annoying.

          • beauty and the best

            Bush man.

    • Wähala

      How many times has your mama been Finance Minister?
      Maybe, it’s her turn to replace Ngozi Iweala… Didinrin like you. Oponu!

      • beauty and the best

        Your mama is a bloody wayward slot. HIJO DE PUTA. May Satan wipe your entire generation out. Bleeding scab.

        • Wähala

          Keep fretting…
          The decay you call mama is already with Satan for her evil deeds, ask her to come after me and see if I don’t stick my foot into her müschi for leaving behind anu ohia di ka gi. Anu nchie… stinking nkpi like you. Otondo!

          • beauty and the best

            Go and stick your bloody finger into dein mutter arshloch. Dein mutter. Dein mutter ist eine schlampe. Dein mutter poony is decayed and smelly. She is waiting for you to give her a head. SOB. Onye ochi. nwa baby factory. 419er, Yahoo Yahoo loser. HIJO DE PUTA.

          • Wähala

            Why don’t you write in the street Spanish you’re used to instead of messing up every language in your paranoia? Better still, give-up and go back to picking oranges in the scorching Espàna sun… scavenger!

          • beauty and the best

            An orange picker is still better than a drug dealer and 419er. Are you not going to the banhof tonight to sell your drugs??? Useless rat. Hijo de puta. Cabronazo.

          • beauty and the best

            Lazy #egro looking for fast money, you won’t get it. Useless #egro.

          • beauty and the best

            Refugee in Germany, soon you will be deported back to Nigeria and make sure you do not jump from the window otherwise you will end your useless life. Asyl beweber. Asylante. Germans are laughing at you… Auslander raus. Blute schlampe. Aschloch.

          • beauty and the best

            Your mama is waiting for you and your papa to bang am in a three some. I hear say you like to stk you nasty rod into your mama stinking otule (arshloch) and she likes it so much. Ohh, she loves your nasty cum. Have the dirty banging with her. Yeye people.

          • beauty and the best

            Nne gi is too dirty and disgusting for a normal human being to bang, that is why she is hotcake for the dirty motor park touts. Is she still having pains after that hot banging you gave her last night? I heard she is still bleeding from her anus after you destroyed it with your nasty rod. Anumanu di ka gi.

      • beauty and the best

        Useless SOB. Cabron de mierda. Mono.

        • Wähala

          Aschloch! Echte péna!!

          • beauty and the best

            Twat.

      • beauty and the best

        Ebi like say na you de bang that ugly fat woman. Onye ara nwuru anwu. Anu ohia.

        • Wähala

          She still looks better than your rotten mother in the grave… think I don’t you, ba? Anu mpam!

          • beauty and the best

            Ikpu nne gi. Ga raa nne gi. Your mother is a penny slut who is known for giving motor park touts blow jobs. That fat ugly slut NOI is waiting for you to give dirty punny a good licking. Negro asqueroso.

          • beauty and the best

            She looks like a bloody BABOON, lolxx. Enwe like you.

      • beauty and the best

        SOB. Your mother needs a good spanking for giving birth to a repugnant puke like you. Hijo de puta.

  • Nanaa

    Madam HEADGEAR! did you say something? of course not. next please…..

    • Rotimi Lawanson

      mumu! She didn’t say something to you because you wouldn’t understand!

      • Nanaa

        Ensure you dont pass this character to your children, cause they will be treated the same way you are been treated on this platform now. they deserve better!

        • Okporoko

          On the contrary, you should not pass this behaviour to your children, please

  • Wähala

    While Chukwuma Soludo may be right largely because economic growth without corresponding decline in poverty levels and increase in job creations, simply boils down to what I call, “minus-in-progress”…the ‘progress’ meaning days-go-by while nothing changes. Soludo was venting anger on his lost poitial ground y broadsiding everyone without respect for Dr. NOI, Dr. Aganga and Dr. Adeshina… the only 3 bulbs struggling to keep Nigeria afloat. Nigeria may be a ‘C-‘ but certainly not the ‘F’ grade Soludo awarded her if you consider that Russia, Venezuela etc, have devalued their currencies even more that Naira-to-dollar exchange rate today. The proof that Soludo is disgraced and worthless economist today is in the fact that since leaving the CBN, he has become The Untouchable largely because of the fraud & criminality he tacitly ignored as CBN Governor… but, my bet is Dr. NOI will not last a day in the unemployment market if or when she leaves Govt.
    Big difference!

    • Rotimi Lawanson

      True for the first part but don’t bet on the last. You obviously haven’t followed the news on her. Remember you are not God. i have become her fan because I understand what she is doing.

      • Wähala

        I’m her big fan but not Mujahedeen about it. In fact, I’ve been accused of being her surrogate but that was years ago. The latest news I followed about her is that she’s one of only two women on the World’s Most Influential Persons… and reigning Africa’s Finance Minister of the Year. And, something else with Mrs. xGov. Fayemi as the only two women on that list. I’m not interested in local news outlets except Premium Times, others are simply not worth my time including all TV stations in Naija! Back to Aunty NOI, you’re dead wrong on the last part because I know she’s worth €1000/seat in speaking engagements around the EU… if push comes to show-me-your-wallet. If you know what I mean!

        • JustMe

          Anyway you have admitted you bias BUT she should gather evidence of her innocence. Otherwise, you know the guilty would not go unpunished. If she saw/knew/ kept quiet/ turned a deaf ear, she would not go freely. SIMPLE!

          • Wähala

            You: “she should gather evidence of her innocence” …since when has it become the responsibility of the accused to prove their innocence?

    • Dr. Kay

      I beg to differ with this your romanticized postings painting Dr. NOI as a miracle worker , the C- you gave her is too generous and over the top , I will give her a G, H Or even I9 not F9 , because of what Soludo has alluded to in his piece. For starters , Dr. NOI is the coordinating minister of the Economic cluster in GEJ’s cabinet, if the government’s economic policy and outcomes are a profound failure , the person at the head must be the one to carry all the blame. She has turned an economy that saved in the past administration into one where spending spree has become a fashion , she presided over an economy dependent on oil for about 70-80% of its revenue at a time oil price is so high and we are in the throes of debt burden , currency reserves declining , excess crude oil almost depleted and external /internal debt spiraling out of control. Mr. Wahala if you have a soft spot for Dr. NOI ,please be objective enough to acknowledge that this woman sometimes makes me question how she got to the world bank /IMF positions , cause if she’s self assured she should be calling those who are collectively looting our common wealth to order , instead she’s using ” Siddon look ” tactic , when she should shouting from the roof top and making head roll for good measure . We are still awaiting the forensic report she promised will be now it’s 2-3months overdue and we stil waiting. NNPC or Diezeani should not the custodian of the report , but the coordinating economic minister should be the one to give us the report as she accepted in a press briefing that about 10 billion dollars is missing . Let’s call a spade a spade, she has lost her depth and has not measured up in her second bite at the finance minister’s job cherry, if I am you and I know her well , I will advise her to gracefully resign , she ain’t cutting it at all this time around, kapish ?

      • Wähala

        I can defend and acquit her of most of Soludo’s childish rants but that would be making Dumbo’s Govt. look good in an election year… we all have soft spots, pal.

        • Dr.Kay

          That I will give in to you. That’s what makes us human , anyway sha let’s not squabble over this and forget the bigger picture, CHANGE! This Febuhari , PDP buried and sealed forever in the grave where any chance of resurrection is impossible .

          • Wähala

            …and those who resist Change will be buried deep with the PDP. Shikena!

    • Ajanaku Ajanaku

      She may not last in the unemployment market but can she last in the entrepreneural market?

      • Wähala

        She’s not your roadside tomato paste dealer… Go sitdon!

        • JustMe

          Forget, it she does not make sure she has proof now, Wahala all you have said is story. She would not be exempted for sure

          • Wähala

            If she’s found wanting for embezzling public funds, of course not. But don’t think Buhari will put on Khaki and boots and start chasing government officials after he gets elected, there’s always a process and the rule of law to guide in democracy. Show me her hand in the cookie jar and I will personally cut it off like that of any of Ali Baba’s 40 thieves… deal?

          • JustMe

            Until then!

    • Alouche

      Why should they not take responsibility for devaluation, just like they took credit for something as routine as ‘rebasing’? After all that one was purely a statistical exercise.

      And I don’t know how you reached the conclusion that “Soludo is a disgraced and worthless economist”. We were all here when the IMF came all the way here to tell us that we escaped the Global Financial Crisis largely due to (1) Our consolidated banks and (2) Our ECA.

      I also cannot see the basis for your conclusion that Soludo is “untouchable”. I was particularly proud as a Nigerian when the United Nations set up that elite 10-member “Commission of Experts on Reforms of the International Monetary and Financial System” following the Global Financial Crisis. The world renowned Joseph Stiglitz also served in that 10-man panel. That didn’t look to me like a club of ‘untouchables’.

  • Toju

    this wasn’t even written by Ngozi but by her special adviser. What’s wrong with our press? WHy is Ngozi being quoted?

    • Okporoko

      Because he works for Ngozi and cannot issue any statement without her authorisation. Besides who told you it wasn’t written by Ngozi. The report never said so.

  • Ping

    Soludo na back yard graduate from Nsukka. No be e fault even if he quotes books from okija. Is okay

  • tundemash

    Any economist in the world will fail in an environment where $21bn or $10bn disappears in a year.
    Both Soludo and Iweala worked for same PDP rogues who should be flushed out on FeBuhari 14th !

    • Wähala

      Schikena!

    • Imoh Akpabio

      EOD! Even Adam Smiths will fail in Nigeria. These set of wicked people should go while we pray and hope the next set will do better, God willing.

  • Ukpaka

    Mrs. Okonjo-Iweala has definitely fallen from grace to crass. I don’t really care about the grading of our current economic status. The fact remains the economy is worse off than when GEJ initially took off despite the sustained crude price of over $100/barel for most of his presidency. He inherited a healthy economy and then plunged it to a disaster that it is today. Mrs. Okono-Iweala shares in the blame too.
    I would have preferred a rebuttal from Mrs. Nigeria Economy with facts and not the attack on the messenger. Truth hurts.

    • Wähala

      In your eyes she may have fallen from grace, but she’s in no crass classification by any sane deductions. If anything, Nigeria survives today on her laurels because without her global clout, no country/institution would lend you shishi to run the country with. If the Amaechi-led noisy & greedy Governors’ Forum had listened to her (and Aganga/Adeshina)’s advise about savings for rainy days, we probably won’t be where we are today… spread the blame pal. Dr. NOI will not be unemployed like Soludo if she leaves Govt. today. And you can take that to the bank!

      • Denis_NG

        @Wahala,
        About whether NOI will not stay unemployed after Jona is left to be seen. I believe her character and reputation has been so damaged by her performance in GEJ government that it would be hard for any reputable international organization to hire her. NOI alleged reputation as a world class economist has not manifested through any positive economic growth indices in the country, except that corruption is on an unprecedentedly humongous magnitude. In between, she is yet to release the findings of the forensic audits by the PWC on the missing $20 billion and Nigerians are still waiting.

        • Wähala

          Who wouldn’t be damaged around abject corruption?
          Trust me, she won’t starve to death after this Govt. is tossed from power, by the same token, it’s left to be seen like you rightly suggest. I’m equally unimpressed by their “paper growth” and Africa’s biggest economy mumbo-jumbo, but again, blame it on corruption that the wealth is not trickling down. Finally, it’s up to the Fed. Govt, the Petro Ministry or the Office of the Accountant General, to release the forensic report on the NNPC. Remember, she never acquitted Diezani of missing funds like the Sen. Markafi Cmte did, if anything, she called for a neutral body to audit and reconcile the figures… which by the way, she said was still short by $10.8bn. So, wetin else una wan her to do?

          • JustMe

            Wahala she ahe had better have proof o. Otherwise ehnnn she would not be exempted from the tsunami o! SIMPLE! Those who have access to her should advice her to gather the evidence

          • Wähala

            What are you on? What are you talking about? Proof of what… that she couldn’t reconcile $10.8bn missing at the NNPC? Do you know the meaning of, “missing at source”?? My friend, stop smoking whatever is frying your brains… be clear so I know where to inject you with knowledge. Go sitdon!

          • JustMe

            To you everybody is smoking something. I be woman – don’t smoke or drink dear. Mr. knowledge injector, if Sanusi’s claim is anything to go by the amount missing is not 10.3b USD. Recall 20b USD. Why the discrepancies. Why are the books not adding, is her ministry not aware of what is going on. Why did it take Sanusi’s noise before figures were being contended. I am simply a Nigerian and whether you jab me or not which I have observed you do quite a lot you have made your bias clear. I is a platform say your own and I say mine shikena not just about JABS! MOVING ON!

          • Wähala

            Hahahahahahaaa chei!
            Sorry o biko! Truly, I appreciate the clarification on sex. In fact, my best friends online are women and none can attest to me throwing any knuckles at them. To prove it, Marry Me! Na proposition so you know I’m a peace-lover despite the norm d’ guerre, @Wähala. Na wound from far back, a silly nickname I didn’t give myself. Back to thema: Any recalling should be done by you, madam. Sanusi put the figure at $20bn, Dr. NOI reconciled the books up to the missing $10.8bn. Sanusi say ‘na lie’ Madam say, ‘ask a foreign team of forensic examiners to prove me wrong’. So, dem all waka go NASS including bug-eyes, Diezani. No dice, talk even got tougher to the point of rolling eyes between Aunt D and Aunt N. Lawmakers weigh-in, separate everybody with the agreement that a foreign forensic team should be employed to look into Aunt D’s bras. Na dia we dey since then. How’s my memory? As per her ministry being the “omnipotent god” that knows everything, do you know the meaning of, “missing at source”?? Since you’re “MOVING ON!”…in case you’re tempted to look back, you will not turn to salt, I promise to enrich your mind by defining missing-at-source.

          • JustMe

            LOL! We are watching…

          • Wähala

            How about my proposition so we sheath our swords while we watch?
            I’m not hanging my “boot” until I get an answer oo! Na you find me come so na you go end am!

          • JustMe

            Wahala you dey fin kasala. I don marri and I din bon sef. Lol! Just a conscious Nigerian who wants a sane and secure future for her pikins. I no get anoda country o. God makr FEBUHARI a reality. Amin

          • Wähala

            Words cannot describe my disappointment… in fact as I type, I’m drowning my sorrows in odeku.
            Sha, did you find out the meaning of “missing-at-source” make we drive on? Madame is innocent until proven guilty is my stance… the shout was, ‘Crucufy him, crucify him’. Not “her” if you read your Bible.

          • olawale

            LOL! U want kill me with all your analysis….the funniest is “Lawmakers weigh-in, separate everybody with the agreement that a foreign forensic team should be employed to look into Aunt D’s bras” to add to that, na Chris Aire dey help Aunty D keep the Mola…..make them search Him Sokoto because watin everyone they find go Sokoto ( State ) dey inside Chris’s Sokoto…Gbam!

          • blueeyedkitten

            you clearly have a soft spot for this woman. just admit it!

          • Wähala

            Go read my comment on Sahara Reporters (Dr. NOI replies to 50 knotty-questions) about her submission, that is one of my iconic comments that is still being frozen by SR for emphasis. Go sitdon! I have a huge hole for her not even soft spot. But, I can also refer you to my harsh criticism of her policies during the fuel-subsidy demonstrations. I’m not ass-wiper for any human, I simply throw clenched fists at injustice based on bias or ethnicity. There’s this tendency to gang-rape her whenever the issue is on Nigerian economy and I hate rapists… Kapisch?

          • blueeyedkitten

            kapisch. happy now? and stop ordering me like your little boy to go and read your archives on sahara reporters.

          • Wähala

            It’s no “order from above” since we’re just online sparring partners, no offense meant…
            The only “instruction” in my comment is for you to relax: “Go-sitdon!” which is standard in my lyrics. There again, no offense meant… unless you be Baba Iyabo wey no dey forgive. LoL!

      • blueeyedkitten

        why are you confused? your replies to ukpaka and tundemash are completely different.

        • Wähala

          My agreement with @tundemash:disqus is on PDP Govt both Soludo and Dr. Ngz Iweala worked for must go. What’s so confusing to you about that? Didn’t you read Baba Iyabo’s advise to Buhari? That any new Govt. in Nigeria should harvest minds from Nigeria regardless of party affiliations. Pal, not everyone in this Govt. is corrupt or bad administrator, the likes of Adeshina, Aganga and NOI are certainly worth re-deploying since they’re career technocrats and not card-carrying party loyalists… Kapisch?

          • blueeyedkitten

            “the likes of Adeshina, Aganga and NOI are certainly worth re-deploying
            since they’re career technocrats and not CARD-CARRYING party
            loyalists” how do you know that? kapisch indeed.

          • Wähala

            …and how do you know what I know? You a prophet of sort?
            Kapisch, really?

          • blueeyedkitten

            you’re confused my friend.

          • Wähala

            Keep smoking whatever…
            I’ve clarified where I agree with my pal, @tundemash, the rest na your headache. Ode!

          • blueeyedkitten

            continue with your online terrorism.

          • Wähala

            Have I claimed any responsibility for any mass murders? All na words of wisdom!

          • Alouche

            Madam is a card-carrying member of PDP. Adesina was prancing about with that 419 squad called TAN to collect signatures for GEJ. Is that the job of technocrats?

          • Wähala

            They’re government officials who could have been “ordered from above” to show up at specific rallies… Remember Lady Hippos women’s rally for re-election of her hubby? Policewomen, soldiers, students and this same Dr. NOI were all there in abundance. Physical presence doesn’t always mean, “presence of heart” – All quotes mine.

          • blueeyedkitten

            is that question for me?

      • Ukpaka

        I have to disagree with you sir. Here’s why: First, while I agree that credibility puts you in good favor with the committee of nations, the point remains that as a finance minister/chief economist, her job does not end with just giving advice. If I were in her shoes and with the background she has, she should have resigned when she realized her advice were not being considered. When you resign, you’re saying…I don’t want to be part of this. You can’t just blame “noisy governors” for her failure while she sits there. She is a big part of the mess we’re in today. You can’t just extricate her from the failure. This has become part of her record. It’s like our president blaming everybody but himself. The buck stops with the leader.
        Michael Jordan with all his greatness as an NBA player has not been so successful running an NBA team. Does not take away what he accomplished as a pro basketball player. Same goes for Mrs. Okonjo-Iweala. I’m not in position to tell what jobs she’ll get if she resigns. Not the point I’m making here.
        Finally, I think there’s definitely a better way to respond to Soludo’s statements on the economy. She could have ignored it or offer a rebuttal. All she did was throw insults without addressing the issue raised by Soludo. That’s what an average Nigerian would do. I expected better response than what she gave.

        • beauty and the best

          Splendid.

        • Wähala

          You’re still batting around on First-Base and quite far from Home plate…
          Your Michael Jordan analogy doesn’t fit like because he’s not a failed coach but a failed businessman. On the other hand, Dr. NOI is a practicing economist who has not moved to a field other than her training. About resigning because her advise was not taken, that is a moral call if she believed that corruption is hampering her job yet, refused to resign. The flip side is, resigning is accepting defeat and for “high achievers” in her mold, that would not shine with her peers in the international community. Remember, she cut her teeth at the highest levels and may be planning to return to the highest levels… so, resigning becos her advise was rejected wouldn’t look good on her CV, or? Per her rebuttal, I know her to be a temperamental lady, dismiss that as feminine tantrum. Nothing spoil !!

          • Ukpaka

            Here’s my final thought on this: You can’t say Michael Jordan’s analogy doesn’t fit here: Michael Jordan moved from being a pro basketball baller to running a pro basketball team. He has not moved to another field. Okonjo-Iweala moved from working at the World Bank to being our finance minister. Each remain in their respective fields even though the specific responsibility changed. So, I don’t understand why you feel the analogy doesn’t fit. Moreover, I would not call Michael Jordan a failed businessman…even if his team is not the best in winning games.
            In essence, I’m positing that impressive resume does not translate to success on the job. The job might not have been the best fit for her. The team wins or the team loses. She is part of the team that failed even if she is not directly responsible for the failure. I’ll never take away anything from her impressive academic achievements and record at the World Bank……..just saying the collective economic performance of our economy under her leadership in this present administration has not been such impressive.

          • taiwo

            For once, you r not cutting it. U r definitely struggling to justify her present situation/predicament

          • Wähala

            Read again, I’ve said I can’t overly defend her because that would make my enemy, Dumbo, look good in an election year. Trust me, Mdm. stands head ati shoulder above board… and, that’s Gospel.

      • Alouche

        If you are a good man in a government where the leader is ‘clueless’ as you people say and the other stakeholders are ‘noisy and greedy’, then the honourable route to take is the one that leads you out of government. If you remained there and things go wrong and then you start abdicating, then you would be, of all wo/men the most irresponsible.

        • Wähala

          Good men and women do not run from problems…
          They stick around and solve them especially if they’re high achievers with reputations to protect…
          Kapsich?

        • Ukpaka

          Thanks much!. That’s the point I was trying to make. Others see it differently. Wahala wants Amechi to take the blame instead.

          • Wähala

            Amaechi led other Governors to court to fight her economic policies, didn’t you know about that?

      • ModyHH

        That cannot be said any better.

      • olawale

        Okay, I concur with you but do you know what really happened to all the money we got from the sales of crude oil that sold at record high of $142 per barrel?

        Do you really know the reason why the immediate past GMD of NNPC was sacked?

        If you do know, please educate me cos’ to me seeking knowledge is a continuous process and the day stop seeking it is the day I die.

  • truth_is_bitter

    CONFEDERATION now! …..While people are still ready and willing to discuss at the table with papers and pens.

  • MAJOR

    SO WHO IS THE BEST GOVERNOR EVER NOW?

    • Wähala

      Whoever advised Gen. Buhari not to accept IMF loan…

      • MAJOR

        GBAM!!! And am sure they will do it again!!!

      • tundemash

        Very simple.

    • Godfrey Etokebe

      Dr. CLEMENT ISONG that rebuilt Nigeria after the CIVIL WAR!!!

  • Thepeople

    Politics has turn our so called intellectuals into dull minded village idiots who cannot string together any logical debate. And you wonder why the country is going down so fast like drowning elephant.

  • Matters_Arising

    Why did OBJ remove Ngozi Okonjo -Iweala from Finance Minister to Minister of foreign affairs and was later sacked? Find out from google and you will be amazed that corruption was the reason. Thank God we have February 14th to decide.

    • Okporoko

      That was not the reason and she was not sacked but resigned. Why join your APC goon Soludo who wrote to appease his boss OBJ to lie? You can support GMB without engaging in telling lies to smear people.

    • Rotimi Lawanson

      This is why it is important to go to school! you are really evidently an olodo

  • Paul Audu

    This is just an academic exercise. The question is food readily available on the tables of millions of Nigerians this day? Please answer this question with your conscience.

    • Rotimi Lawanson

      Food is available. But times are challenging no doubt. We all can see it. But saying there is no food at all is where there is dishonesty. That is what Soludo did. He could have commented long ago or proffered advice since he is a know-it-all. He didn’t! commenting now is definitely political. He has no character shaa!

    • Okporoko

      Are you hungry? How many people do you know that go to bed hungry and how many do you know that go to bed full,. Nigerians will always complain.

      • Alouche

        Very very insensitive comment. You want me to tell you my own story and the stories of countless ‘hungry’ people that I know?

        • Okporoko

          Tell me abeg. You hungry and you dey use internet. Make I hear word. Lie go no go kill us

          • Alouche

            Incredible logic! Like your president like his protégés – ‘poor country doesn’t habor private jets’; ‘starving people can’t boat of a Dangote’ etc. etc. So internet in the 21st century is a luxury! When even my superannuated Nokia 6030 can do basic browsing on the internet with just N100 credit. Do you even realize that it is a summary indictment of the economic managers of your country where those who have access, any kind of access, to the internet are classed as well to do? Does it not tell you something about the extent of poverty in your country?

          • Okporoko

            You can feed with the 100 Naira you browsed with. You are not hungry because the access to Internet you take for granted and will not use to assess your condition in life is not available in many countries. Perpetual complaining cannot serve you good. Point is you failed to show me that you are hungry because you are not. Reject what you are not lest it falls on you.

      • Matters_Arising

        @Okporoko, you talk like your paymaster who said in 2012 that corruption is not among the top three problems facing Nigeria. He just realised after 3years that corruption is the main problem. ” Those that support GEJ have self-interest or fear of the unknown”———Prof Charles Soludo. So, no reasonable Nigerian can support GEJ.

        • Okporoko

          Matters Arising please change that name because you can neither identify nor discuss issues arising. If you seek change start from your little space. Corruption will remain a problem until Nigerians change their values and behaviour. Don’t expect corruption to go away with the current mindset and behaviour of young people who are the most corrupt yet and sadly the (bleak) future of Nigeria. Jonathan may be right because Nigerians or follower ship is our problem.

    • Isi Agwo

      Your point reminds me of 1984, when Bokohari’s preferred economic strategy – trade by barter – subjected Nigerians to beggars, queueing up to get a bowl of rice or a cup of sugar.

    • tundemash

      anything outside that is indeed a waste of time ……

      How much was a bag of rice in 1999 compred with now?
      How much a 2-bed house rent in 1999 compared with now ?
      How much was a one-hour flight within Nigeria in 1999 compared with now ?

      Any economist in the world will fail in an environment where the economy leaks $21bn or $10bn in a year.
      Both Soludo and Iweala worked for same PDP rogues who should be flushed out on FeBuhari 14th !

      • Godfrey Etokebe

        How much were you PAID by 1999?

  • Ajanaku Ajanaku

    Why is madam Minister silent on the over 1trillion naira subsidy payment for non supply of fuel. Why s madam minister silent on the bloated food budget of the presidency as well as the new jet procured. What about the over 400bn subsidy payment in this year budget with crude prices below 55 USD. Madam i dey laff o!

    • Alouche

      They are bent on putting subsidy in the budget so that they can continue stealing. There is no way the Minister of Finance who is also coordinating minister of economy will tell us that she is not part of this fraud.

  • Guguru

    LOL! Ngozi and the Jonathanians now give Sanusi credit for cleaning up the economy when they fired Sanusi to begin with? Ngozi is an !diot. How do you give credit to a man you eventually fired for trying to clean up the NNPC? And then she continues to note all they have done without showing the outcomes of all that they have done.

    • Alouche

      That is how confused they have become. Now in a desperate attempt to demonise Soludo, they are suddenly celebrating the same man the demonised only months back. Na so God go dey catch them one by one.

      • Rotimi Lawanson

        Mumu

  • Godfrey Etokebe

    PDP INTELLECTUAL OBLITERATION of apc on the move_nr. 1.

    • tundemash

      really ? So the economic policies of Soludo & Iweala attacking each other were under an APC FG ? How desperate can u be ?

      • Godfrey Etokebe

        In PDP we retain the COMPETENT (IWEALA) and release the INCOMPETENT (SOLUDO) to APC!!!

  • Guguru

    LOL! Ngozi and the Jonathanians now give Sanusi credit for cleaning up the economy when they fired Sanusi to begin with? Ngozi is an !diot. How do you give credit to a man your boss eventually fired for trying to clean up the NNPC? Are you not insulting your boss’s decision by giving credit to his one-time antagonist? And then Ngozi continues to note all
    they have done in the Jonathan administration without showing the outcomes of these great things the Jonathan administration has done. Did it improve the prosperity of Nigerians? in 2011, Nigeria was ranked 104th in the Legatum’s Prosperity Index. By 2014, Nigeria was ranked as 125th on the same Prosperity Index of 142 nations, an 11 places drop in performance. So, if Nigerians are doing so well, how come Nigeria’s ranking on the Legatum’s Prosperity index continues to fall under the Jonathan administration? She cannot continue to tout that Nigerians are doing better when the data says otherwise. The data comes from a respectable UK organization whose credibility supersedes the NOI Polls
    which Ngozi set up with what she considers a model from Gallup poll— a gimmick to confuse us into giving her NOI Polls some credibility.

    Ngozi lied in 2013 claiming that Nigeria had created 1.6 million jobs when the NBS stated that all that was created was 1.3 million jobs. By the way Ngo, where is the unemployment numbers for 2012, 2013, and 2014? Are you hiding it so that Nigerians do not know the true state of the trashed up economy you have heralded?

    Ngo, please explain to Nigerians how the debt stock moved from $34 billion in 2010 to about $64 billion in 2013 even as the revenue of Nigeria form oil has been falling from about $60 billion to about $30 billion in that same time frame? Most of that debt stock is held in domestic debt and with little revenue coming in as a result of a fall in oil prices, since your sad administration did little to diversity the economy as fast as you should in 6 years, how you intend to retire such a huge domestic debt without borrowing and with dwindling oil revenues remains to be seen? Can you explain to us why you were part of a government that paid down the debt of Nigeria under the Obasanjo regime but seem very happy and cozy sitting with an administration that has ballooned the debt, albeit local debt? Are you not a hypocrite by these actions?

    Ngo, what about the fact that Nigeria has moved from being the 35th most corrupt country on earth to being the 15th most corrupt country on the planet under the Jonathan administration? Ngo, what did you do to fight corruption since
    you were the first creator of the program at the World Bank called StAR (Stolen Assets Recovery Program). How many of Nigeria’s stolen assets besides Abachs’s stolen assets, have you recovered from the thieves looting Nigeria these days, given your expertise with this type of activities at the World Bank? Where were you when Jonathan and his thugs
    were busy ferrying $9.3 million to South Africa for arms purchase without the knowledge of the South African Government? Do you not suppose that such money transfers could be considered money laundering, which you should have advised the Jonathan administration against, given your expertise in international financial matters?

    Even more annoying about her aimless statements is when she stated, “It would have been better if there had been a bigger cushion of the Excess Crude Account to manage this situation…” So, why did the excess crude account not rise to about $15 billion dollars when oil prices were as high as over $105 per barrel on many occasions under the Jonathan
    administration, and yet under the Obasanjo administration while they were paying down Nigeria’s debt and while oil prices hardly went above $40 per barrel on many occasions, that they were able to accumulate more than $40 billion in the excess crude account? Is Ngozi pointing us to magic here or what? Ngozi is a liar to the extent that she refuses to
    talk about actual crude prices relative to the excess crude account accumulation even when considering a drop in the volume of oil sales in the Jonathan era, which was mediated by high oil prices. The deceit in Ngozi’s comments and her abuse of our intellectual abilities is completely disheartening. This woman should be forced to resign. She has sold her soul for pennies and dimes. She has no credibility left.

    • Godfrey Etokebe

      Guguru, That is the beauty of GEJ and PDP. WE (PDP) give unto CAESAR what belongs to CAESAR!! A reflection of Your SANUSI’S creditation!!! We (PDP) do not dwell in DECEITS!!!

      • Guguru

        So, why fire Sanusi? What about all the lies told by Ngozi?

        • Godfrey Etokebe

          HE LIED!!! According to the Nigerian senate!!!

          • Guguru

            Nothing on the document that was used to fire Sanusi said he lied. You are lying.

          • Godfrey Etokebe

            GUGURU, BE CONSCIENTIOUS for once. PUNCH Newspaper headline said ” SANUSI LIED”!!!

          • Guguru

            Below are parts of the letter used to suspend/fire Sanusi from office. The letter shows you are a liar.

            19th February 2014

            Office of the Secretary to the Government of the Federation

            Re: Mallam Sanusi Lamido Sanusi

            Suspension From Office

            This decision is predicated on the loss of confidence in your ability to lead the Apex Bank towards the achievements of its statutory mandate. Of particular concern is the fact that, under your watch, the banks has carried out its functions in a manner characterised by disregard for due process and accountability.

            This is exemplified by various acts of financial recklessness and unprofessional conduct which are inconsistent with the administration’s vision of a Central Bank propelled by the core values of
            focused economic management, prudence, transparency, and financial discipline.”

          • Godfrey Etokebe

            What did the Nigerian Senate tell the Nigerian People? Answer: Sanusi lied!!!

          • Guguru

            Who cares what anyone says? What did the the bear say to the donkey? You are an A***S***S**? LOL!

            Your termination letter usually states very clearly and succinctly the basis for one’s termination. What anyone says afterwards, is irrelevant and completely conjecture.

          • Godfrey Etokebe

            What if you protest against termination?

          • Guguru

            I am not here to engage your hypothetical scenarios. You are either speaking from a position of facts or you are not.

          • Godfrey Etokebe

            Guguru,
            Fact said THAT SANUSI LIED!!!

          • Guguru

            Prove it!

          • Godfrey Etokebe

            Ask the THE NIGERIAN SENATE!!

          • Wetin Naija

            How much is GEJ paying all you e-rats?

    • Rotimi Lawanson

      TUESDAY, 27 JANUARY 2015 19:11 Soludo: A Pseudo-Intellectual for Hire0 Comments

      I have taken my time to read, albeit painfully, the very lengthy article put together by Soludo and gleefully published by

      Sahara Reporters. When I read the article from a man who literally dropped off the surface of the earth for about 5 years, my first question was not, “What is he saying?”, rather, “What does he want?” in Soludo’s case, the answer is clear enough; or at least, I shall try to make it clear. Charles Chukwuma Soludo’s pen-ultimate article in which he criticized the government, and to which he himself refers in his last publication, was written in 2010 just when we were on the brink of an election. In fact, the scenario was not much different from what we have now. With an election on the way in 2010, the former CBN Governor blasted the government, citing different reasons why he had rated the government to have failed. Now, he is back, with much the same story except for the fact that the narrative is longer.

      In life, Intelligence and character are not synonymous with each other. What Soludo has in intelligence, he lacks in character and because his character far dominates his intellect, he is wont to continue making bad decisions due to bad judgement. As a respected and revered investor and global statesman once said; we should always look for three things in an individual: Intelligence, Energy and above all character (integrity). He said we should choose people with all three but never work with a person who has intelligence and energy but no integrity. When Soludo came on stage he was a brilliant young economist and lecturer. He was well known within the East even though not internationally accomplished then as he would like many to believe. However, when Soludo was brought to Abuja to serve as Chief Economic Adviser, his real character emerged. As the saying goes, when you want to test a man’s real character, give him power. He had barely settled when he began displaying megalomaniacal tendencies and a giant and misplaced ego brought about by a deep insecurity. He appropriated every idea and became a one man riot squad. All ideas by the Economic team of which he was a member, soon became his personal ideas. Without decorum, he seized those ideas and claimed they were his.

      He, through his outsized ego, threw around his weight as CBN Governor and began to imagine himself as some overlord of Nigeria. Such was the treachery displayed by Soludo. Of course, we are all witnesses to the massive fraud that took place under his watch. Within a short while Soludo became mega rich. He bought houses in London (NEXT Newspaper expose) and was even arrested by EFCC for the Polymer scandal which is still ongoing. It took a Sanusi Lamido Sanusi to come and clean up the fraudulent mess that he left. The ooze and the putrefying smell of his dubious tenure is still with us. This is the same man that is pontificating as if he is a self appointed messiah. Hear him pander to all our ex military leaders in his write up in a desperate bid and mis belief that by acting the prostitute, he will be thrown some crumbs in the form of an appointment in a new government. But just as I mentioned earlier, when a man’s ambitions and lust for power far supersede that man’s intellect, that man will always display a lack of wisdom in decisions. That is why Soludo erroneously believed that he will be Vice President under Yaradua. That is also why he believed he will become Governor of Anambra State. Having failed in both attempts, he latched onto Atiku Abubakar in the mistaken belief that he will win the last primaries. That never happened. Then he attempted once more to become Governor of Anambra State and failed again. After hibernating in between his EFCC visits, Soludo is back again doing what he does best. Guess what? It’s another election year. The spectre of a position in government is too attractive for him to ignore. You would have thought that if Soludo felt so strongly about the economy he would have spoken up earlier than now. But for Soludo, that is not part of his character. Raw and blind ambition coupled with disgraceful and uncouth megalomaniacal tendencies laced with a penchant for corruption is truly what he is. Is anyone surprised that he is speaking now? Desperation for a position is what he is looking at. When a man can do anything for career advancement you know that is an individual you should never touch. Having failed in politics, he is back in the mistaken belief that a position under a new government in an election that hasn’t been decided yet is the solution to his woes. Once again, a sign of bad judgement driven by a lack of integrity. If he wants to lobby for a political appointment, there are certainly better and more respectable ways to do so. Class, poise and finesse never did anyone any harm.

      No Soludo; It isn’t the government that should be graded an F, it is your character and lack of integrity that should be graded an F. No one will ever rely on a man that can never be trusted. No one will ever rely on a man whose ego, desperate ambition and lack of integrity drives him. I will end with this comment from someone online which pretty sums it all!

      I see that Soludo’s foray into his ill fated political outings – with Atiku first then later wanting to be governor of Anambra state, has left him bitter and jobless. No international agency has touched him since he disappeared from the public eye because of his colossal reputation as the fraudulent CBN governor. His rantings here are nothing but the last desperate act of a man who is drowning. Soludo in his typical over inflated ego tells us that all the international rating agencies are wrong and only he Soludo, the man under who the biggest banking fraud in Nigeria took place is right. What a shame that Soludo’s poverty of character has reduced him to a miniature stature of a man, a pseudo intellectual for hire.

      • Okporoko

        Your papa no waste money at all

        • Godfrey Etokebe

          I dey dia OOOOOOOO!!!

      • Olaniyi

        His character doesn’t change the facts he raised: unemployment is rising, GDP growth is slowing, insecurity is increasing, foreign reserves and natural resources are being depleted, corruption is intensifying, etc. We should stick to the issues, not character assassination.

    • Alouche

      Yes, Sanusi the Emir is now their hero. The only time they didn’t like him was when he was doing the good works. They love him for cleaning Soludo’s ‘mess’ but got really mad with him for trying to go near their own pooh.

      • Ekerete Etukudo

        ..at least you can appreciate Okonjo-Iweala’s candidness. For your reasoning, I can see you live a life of deceit; self-deprecation to be precise

        • Alouche

          Stop blowing grammar you do not understand. Candid you say? Why did she not ‘candid’ then when ‘Sanusi the reformer’ was being hounded out of CBN?

        • Yusuf

          if Ngozi have any candidness she should be able to accept some of the assertions of Soludo, u cant tell us that all he said was rubbish

          • Ukpaka

            Amen!

  • Shuaibu Bola Victor

    It is quite unfortunate that some people might take Chukwuma Soludo’s
    evaluations of the President Goodluck Jonathan’s administration serious. As far
    as I am concerned, Chukwuma Soludo can never offer an objective and subjective
    assessment of GEJ’s administration due to his biased mind and vested interest.

    To say the least, everybody knows that Chukwuma Soludo was among the few
    Nigerians that fought hard to deny power from President Goodluck Jonathan in
    2010 and 2011. In order words, during the ailing period of ex-President Yar
    ‘adua, Soludo was at the fore front of the campaign from South -East to stop
    Jonathan in order for him and his cabal to keep holding Nigerians at ransom.
    But God shouted him down.

    Soludo, we all know how he robbed Nigerians billions of dollars as CBN Governor
    and since then has been avoiding EFCC. Based on the corruption tendencies of
    Soludo, coupled with his questionable hidden agenda for his latest campaign for
    APC, Anambra people rejected him when he vied for Anambra state guber position
    in 2011. Again, since Soludo lost out, his sense of judgement has been
    beclouded considering his public utterances and dispositions in recent time.

    I strongly believe that Soludo is biased and cannot offer us neutral and
    quality evaluation of Nigerian economy.

    WORLD BANK and IMF that have the best economists from advanced countries of the
    world have already evaluated and scored President Goodluck Jonathan’s
    administration the best in Africa.

    Does Soludo more brilliant than WORLD BANK and IMF? NO!

    GEJ TILL 2019.

    • Funso

      Ọmọ àlè.

  • Hembe Hembe

    EX-MILITARY DICTATOR, MUHAMMED BUHARI SHOULD EXIT POLITICS: MY REASONS-
    No1.

    NIGERIAN STUDENTS. Remember the person who abolished feeding in
    tertiary institutions in 1984?. Buhari as a military Dictator then had
    no agenda for Nigerian Students, neither does he and his rag tag
    coalition this time.
    Vote to protect our Students.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No2

    NIGERIAN WOMEN. How many Women were in Buhari’s Cabinet as Military
    Head of State? NONE. Buhari has no respect for the dignity of women and
    regards them as insignificant in national development. That is why he
    recklessly said recently that he will abolish the office of the First
    Lady if he is elected. Women, who today are at the commanding heights of
    Nigeria’s political economy will have no rallying point in a Buhari
    Government.
    Vote to protect our Women.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No3

    THE NIGERIAN PRESS. Do we want to risk the freedom of Expression we
    currently enjoy?. Hear Gen Buhari’s vow in 1984 when asked about press
    freedom ” I will tamper with that”. To match words with Action (after
    all, Buhari claims to be a man of his words) he enacted Decree 20 and
    jailed Journalists Nduka Irabor and Tunde Thompson. Many Nigerians were
    detained without trial under his draconian Decree No 2. Can we afford
    to go back to the dark ages?

    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria first Project

    No. 4

    The NIGERIAN POLITICAL CLASS. If you think that the current attempt to
    whitewash General Buhari and give him a human face will make him abandon
    his old habits, we will be in for a rude shock. To him, every
    politician is a thief except himself. This kind of messianic delusion
    has no place in contemporary Nigeria. Buhari looks at everyone with
    contempt and prejudice. His iron fisted misrule lead to the premature
    deaths of political leaders across the country. Let us save our emerging
    leaders and protect them from a rampaging despot.

    Say NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No. 5

    CIVIL SOCIETY. Buhari’s Government enacted laws with retroactive
    effects. Nigerians were given punishments that were nonexistent in
    previous laws at the time the offences were committed! How else can we
    define gross violation of human rights? Buhari enacted and recklessly
    applied Decree 2 otherwise known as Detention of Persons without trial
    Decree.
    He never condones dialogue.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No. 6

    CATTLE REARERS. To some Nigerians, General Buhari is a proud Fulani man
    who will protect them when he gets to power! How wrong! Under General
    Buhari, the obnoxious Jangali Tax system was introduced and this brought
    untold hardships to Fulani Cattle Rearers and frustrated most of them
    out of business. A good friend they say is better than a wicked brother.
    The current effort to create grazing reserves for cattle Rearers must
    be supported. Buhari will bring back Jangali.

    SAY NO TO BUHARI, SAY NO TO APC
    NIGERIA first project

    No. 7

    INVESTORS/ BUSINESS COMMUNITY. General Buhari does not believe in the
    principle of a private sector driven economy. He is still ensconced in
    the worn out and obsolete practices of a state monopoly control of the
    economy. All the gains of the current reforms which have made Nigeria
    the biggest investment destination in Africa will be reversed.
    Should we be led back to Egypt?
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria first Project

    No. 8

    TRADITIONAL INSTITUTIONS. General Buhari as Military Head of State
    undermined the revered and world famous Stools of the Emirate of Kano
    and the Ooni of Ife when he unilaterally suspended the Great Alhaji Ado
    Bayero and Oba Okunade Sijuwade from office for embarking on private
    visits to the State of Israel. At the time they visited Israel, they
    violated no laws. Let’s us preserve the dignity of our heritage.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria first project

    No. 9

    THE LEGISLATURE AND THE JUDICIARY. General Buhari does not believe in
    the concept of Separation of Powers. Being from a dictatorial
    background, he lacks the temperament to engage in dialogue and tolerate
    opposing views. That is how he influenced the dispensation of justice in
    his regime. From his pronouncements and carriage, he has learnt nothing
    and will attempt to weaken the other arms of government. SAY NO TO
    BUHARI, SAY NO TO APC,
    Nigeria First Project

    No. 10
    THE
    NIGERIAN PEOPLE. General Buhari seems disconnected with the norms of
    politics in his actions and his words. His immensely divisive persona is
    manifest in his recent pronouncements. In an interview he granted to
    weekly Trust recently, he referred to Former Presidents Olusegun
    Obasanjo and Ibrahim Babangida as his “Enemies”. Nigerians deserve a
    President who is a unifier, not one who has a penchant for collecting
    enemies. A Nigeria President should NEVER HAVE AN ENEMY.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No. 11

    NIGERIAN PEOPLE. Buhari and his APC image launders have continued to
    present themselves to Nigerians as people who are going to fight
    corruption when voted into power –
    Buhari whose ADC, Major Ojokolo
    escorted 53 suitcases into this Nigeria in 1984 even when he, Buhari had
    ordered the closure of the borders.
    SAY NO TO BUHARI, SAY NO TO APC,
    Nigeria First Project

    No. 12.

    NIGERIAN PEOPLE. Toppling Shagari govt was the worst of Buhari sins.The
    worst civilian govt is better than any military junta. A man who
    truncated the Nigerian Second Republic and ushered Nigeria into 16 years
    of Military draconian administration cannot turn around to benefit from
    his own wrong. Buhari cannot eat his cake and have it.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    • People Deliberately Pilfering

      Waste of space and effort .

  • tundemash

    I thought the Emir of Kano, HRH Sanusi was the worst CBN gov ever ? Looks like this GEJ regime fights everyone and anyone in sight; sign of a desperate drowning regime gasping for air !

    • Charles owolabi

      It is important to put things in paspective. Sanusi Lamido Sanusi did a few things right like the clean up of the banking sector after Soludos mess but is he guilty of looting the treasury the answer is Yes. For those of you who try so hard to paint the picture of a saint of Sanusi the truth is that he is very far from that. Remember that an audit conducted by the financial reporting council in 2012 found that Sanusi turned the CBN into a contracting agency awarding over 600 billion Naira worth of contracts. Over 300 billion of which could not be explained. In one case he claimed he used the mint to do work worth over 40 billion yet the mint it self produced an internal audit of 28 billion. Sanusi also spent 1.5 billion Naira on buying food for his security personal in the CBN. This same man awarded over 8 billion Naira worth of consulting contracts to his inlaw el rufia. 8 billion Naira for consulting- only in Nigeria. An adulterer who found pleasure with married women Sanusi proceeded to give gifts to only Northen universities. Remember the 4 billion Naira that he gave BUK , BUK later came out to confirm that they received only a billion. So Sanusi is no saint. He is also responsible for the death of gedion Akaluka an Igbo trader in Kano. He instigated young illerterate Muslim youth to behead Akaluka for allegedly defiling the Koran. When Abacha a Moslem investigated the case he ordered the arrest of Sanusi. If mutalab the father of the bomber did not intervene sanusi would have been history. These are facts. However it is important to state that madam Ngozi just said the truth. Did Sanusi clean up Soludos mess the answer is yes. Did he steal the answer is yes he did.
      It is just like asking did el rufia help or work in restoring the Abuja master plan ? The answer is yes. However did el rufia steal the answer is yes he did . For example he brought in crooks like jimmy lawal to help him steal during the sale of federal government property in the FCT. The result is that till date over 40 billion Naira is still missing from the sale. He also awarded choice land to members of his entire family- even his 2 year old son. He also bought the VPs guest house as a serving minister- pitiful. Yet he claims to be a person against corruption. Till date he has a ban from ever holding any public position in the country handed down by the senate yet what does he do. He is running to be governor of kaduna state as an escape mechanism for his numerous cases in court.
      The Fulani are smart theives. Steal and look for cover. Engage in black mail if you have to. Point the fingers at others and put up a brave face
      Sanusi did just that when the government wanted to expose him. First he claimed 57 billion dollars was missing then he revised it to 48 then he revised it to 12.4 and later moved it up to 20
      ABU economist. Quota based economist.
      He could not come up with an exact figure because he had cried wolf.
      That is why Ngozi to save him from further disgrace ordered that a forensic audit be conducted by PWC. The audit has been concluded and would be released by the Accountant General Of the Federation. For those trying so hard to paint NOI in a bad light they have failed. Her stock keeps raising every day. She is the 44 most powerful woman in the world according to Forbes and the only Nigerian woman on the list
      Go kill your selves bad belly people

      • Screw-em

        Lordy lordy lordy!!!. make una hear Mr. “literate” waste space trying to explain away Madam Headscarfs Iweala’s hypocrisy. So, because you stole a little you should not be castigated since Forbes magazine has recognized you as a “stellar” criminal amongst common criminals….well, well, well..i can see why her idea of what we should bequeath as legacy to unborn Nigerian’s is a South African “Stove”…….”transformational economist” indeed!!!

        • Charles owolabi

          It is wrong to point an accusing finger at a person with out clear evidence. You have made some allegations that can not be substantiated. Okonjo Iweala after she left the government of Obasanjo was investigated. Remember obasanjo was out to nail her. He used all the international security agencies to dig into her life after a lot of stories came out that she benefited from debt relief. Indeed there were allegations that she got as much as 2 billion dollars for her self which obasanjo wanted to use as a tool to nail her.
          However after the investigation obasanjo was forced to eat the humble pie when the security agencies gave her a clean bill . That is why she was able to go back to the world bank as MD after she left The obasanjo administration.
          So please present facts not false allegations.
          This woman is a blessed woman I have researched her life she has pedigree and would not get her hands dirty like most of the APC criminals
          The lord has truly been Good to her.
          All her Children went to Harvard University . She is the mother of 4 children
          Out of which 3 are Medical Doctors all graduates of Harvard. A wonderful husband who is a surgeon
          What more can she ask for
          Her parents are still alive and both parents are university professors
          Her father has a double PHD in Mathematics and Economics and her mother who is Yoruba most people don’t know has a PHD in sociology.
          Ngozi is blessed

          • Screw-em

            Ngozi aka chucky cheese, it is sad when self aggrandizement is taken to this level……”transformational economist”…indeed!!!!..lol

  • Yusuf

    Denial is the problem with this clueless administration, if they will accept their blunders we may be naive to say ok take another chance, but in their dreams and deception they do not even agree that there is a problem. Yes Soludo plays a vital role in the banking crises of 2008 after playing shady deals and the sudden economic downturn backfired but what is happening today is frightening; soludo’s assertion that more than $100B have disappeared into thin air is backed by simple economics. Even with falling production and prices our economy ought to have done better than Soludo left it, Ngozi need to tell us why production is falling while Jonathan met a peaceful Niger Delta after the amnesty programme

  • Wetin Naija

    This your President Jonathan and his cronies are sore losers. So now Sanusi,
    the Emir of Kano is their hero. I thought they went after Sanusi and framed him
    with many wrong doing, seized his passport and charged him to court after he cried out about the high corruption level
    in GEJ administration. Where is the $20 billions? This is so bad that this GEJ administration
    cannot back anything they say with facts rather they resolve to name calling. Stop name calling and give us the facts. THAT IS WHY JONATHAN MUST GO

    • Odogwu

      I totally agree with you, he should go like yesterday.

  • G4

    FACT, the rainy days are here and the FG is woefully unprepared.

    • Godfrey Etokebe

      More prepared than ever against the rainy day(s)!!!!

  • Hembe Hembe

    EX-MILITARY DICTATOR, MUHAMMED BUHARI SHOULD EXIT POLITICS: MY REASONS-
    No1.

    NIGERIAN STUDENTS. Remember the person who abolished feeding in
    tertiary institutions in 1984?. Buhari as a military Dictator then had
    no agenda for Nigerian Students, neither does he and his rag tag
    coalition this time.
    Vote to protect our Students.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No2

    NIGERIAN WOMEN. How many Women were in Buhari’s Cabinet as Military
    Head of State? NONE. Buhari has no respect for the dignity of women and
    regards them as insignificant in national development. That is why he
    recklessly said recently that he will abolish the office of the First
    Lady if he is elected. Women, who today are at the commanding heights of
    Nigeria’s political economy will have no rallying point in a Buhari
    Government.
    Vote to protect our Women.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No3

    THE NIGERIAN PRESS. Do we want to risk the freedom of Expression we
    currently enjoy?. Hear Gen Buhari’s vow in 1984 when asked about press
    freedom ” I will tamper with that”. To match words with Action (after
    all, Buhari claims to be a man of his words) he enacted Decree 20 and
    jailed Journalists Nduka Irabor and Tunde Thompson. Many Nigerians were
    detained without trial under his draconian Decree No 2. Can we afford
    to go back to the dark ages?

    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria first Project

    No. 4

    The NIGERIAN POLITICAL CLASS. If you think that the current attempt to
    whitewash General Buhari and give him a human face will make him abandon
    his old habits, we will be in for a rude shock. To him, every
    politician is a thief except himself. This kind of messianic delusion
    has no place in contemporary Nigeria. Buhari looks at everyone with
    contempt and prejudice. His iron fisted misrule lead to the premature
    deaths of political leaders across the country. Let us save our emerging
    leaders and protect them from a rampaging despot.

    Say NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No. 5

    CIVIL SOCIETY. Buhari’s Government enacted laws with retroactive
    effects. Nigerians were given punishments that were nonexistent in
    previous laws at the time the offences were committed! How else can we
    define gross violation of human rights? Buhari enacted and recklessly
    applied Decree 2 otherwise known as Detention of Persons without trial
    Decree.
    He never condones dialogue.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No. 6

    CATTLE REARERS. To some Nigerians, General Buhari is a proud Fulani man
    who will protect them when he gets to power! How wrong! Under General
    Buhari, the obnoxious Jangali Tax system was introduced and this brought
    untold hardships to Fulani Cattle Rearers and frustrated most of them
    out of business. A good friend they say is better than a wicked brother.
    The current effort to create grazing reserves for cattle Rearers must
    be supported. Buhari will bring back Jangali.

    SAY NO TO BUHARI, SAY NO TO APC
    NIGERIA first project

    No. 7

    INVESTORS/ BUSINESS COMMUNITY. General Buhari does not believe in the
    principle of a private sector driven economy. He is still ensconced in
    the worn out and obsolete practices of a state monopoly control of the
    economy. All the gains of the current reforms which have made Nigeria
    the biggest investment destination in Africa will be reversed.
    Should we be led back to Egypt?
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria first Project

    No. 8

    TRADITIONAL INSTITUTIONS. General Buhari as Military Head of State
    undermined the revered and world famous Stools of the Emirate of Kano
    and the Ooni of Ife when he unilaterally suspended the Great Alhaji Ado
    Bayero and Oba Okunade Sijuwade from office for embarking on private
    visits to the State of Israel. At the time they visited Israel, they
    violated no laws. Let’s us preserve the dignity of our heritage.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria first project

    No. 9

    THE LEGISLATURE AND THE JUDICIARY. General Buhari does not believe in
    the concept of Separation of Powers. Being from a dictatorial
    background, he lacks the temperament to engage in dialogue and tolerate
    opposing views. That is how he influenced the dispensation of justice in
    his regime. From his pronouncements and carriage, he has learnt nothing
    and will attempt to weaken the other arms of government. SAY NO TO
    BUHARI, SAY NO TO APC,
    Nigeria First Project

    No. 10
    THE
    NIGERIAN PEOPLE. General Buhari seems disconnected with the norms of
    politics in his actions and his words. His immensely divisive persona is
    manifest in his recent pronouncements. In an interview he granted to
    weekly Trust recently, he referred to Former Presidents Olusegun
    Obasanjo and Ibrahim Babangida as his “Enemies”. Nigerians deserve a
    President who is a unifier, not one who has a penchant for collecting
    enemies. A Nigeria President should NEVER HAVE AN ENEMY.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    No. 11

    NIGERIAN PEOPLE. Buhari and his APC image launders have continued to
    present themselves to Nigerians as people who are going to fight
    corruption when voted into power –
    Buhari whose ADC, Major Ojokolo
    escorted 53 suitcases into this Nigeria in 1984 even when he, Buhari had
    ordered the closure of the borders.
    SAY NO TO BUHARI, SAY NO TO APC,
    Nigeria First Project

    No. 12

    NIGERIAN PEOPLE. Toppling Shagari govt was the worst of Buhari sins.The
    worst civilian govt is better than any military junta. A man who
    truncated the Nigerian Second Republic and ushered Nigeria into 16 years
    of Military draconian administration cannot turn around to benefit from
    his own wrong. Buhari cannot eat his cake and have it.
    SAY NO TO BUHARI, SAY NO TO APC
    Nigeria First Project

    • emmy

      You are on your own

    • Muktsa

      Dude why keep on repeating the same post as if you a parrot. Think of something else to write

    • Odogwu

      Useless man, that is not the topic for discussion.

  • G4

    Okonjo Iweala made her decision to sink with this govt when she did not resign as the CBN gov was being sacked. If it was not an election period there would have been another time for her to really resign.
    The FACT is this, the rainy days are here and with our “world bank” finance minister we are woefully unprepared. In ones own opinion she has rubished her legacy and career in finance and with the help of others destroyed any reputation that was built. Its not like she came in mid way, no she has been there for 5 yrs with oil prices over $100 and our “world bank” finance minister has no savings our currency is crashing. With the connivance of her less than smart boss she allowed all the govs to squander all the savings in the good days and now we are where we are.
    When she leaves her current post on what moral ground will she take up another job at the world bank or IMF advising countries on how to manage their finances. She has allowed those useless unserious gluttonous drunkards in resource control hats with no upbringing or pedigree to lead her astray and has rubished her reputation for life. One has lost any respect one previously had for her

    • Brandon Tor

      The situation is that Okonjo Iweala is another corrupt official of government.she is also fudging figures and making up data to,prop up her dismal performance. The fact is that Nigerians are suffering more under this government than ever before. Her economic management is a disaster. I wonder what international organization will touch her after her lousy performance as Minister under the most corrupt government ever in Nigeria. By the way can somebody ask her to explain what happened to the report of the forensic audit on the stolen $20 billion.

      • G4

        We stopped hearing about it immediately after the Sanusi saga. They say a lot of things they don’t mean, like during the presidents declaration for second term and he said lets have one min silence for one of the inevitable but many tragedies that had occurred in the northeast that day and just continued speaking without actually having the one min silence.

    • Bunduma Mohammed

      Okonkwo is guilty of criminal blundering of nigeria. She was a pretender. Those who trained her are already regretting. After removing SLS the criminal woman is now using his achievement to rabish soludo. Nigerians know better “Soludo is an economist while Okonjo is a criminal carpenter”

  • Olaniyi

    Okonjo Iweala is equally guilty of misrepresenting the facts. On AMCON takeover of ‘bad’ loans from the banks during the 2008 financial crisis, Nigerian government didn’t and won’t incur any liability as suggested by Madam Okonjo. In fact, AMCON made more money from the disposal of collateral assets that backed up the so called ‘bad’ loans than the value AMCON paid the banks in exchange for the loans. In other words, AMCON made significant profit from the so – called bailout even after granting debt forgiveness to the cronies of people in government. To verify this, journalists should get copies of AMCON annual reports. So, Madam minister is lying to the public by saying there are liabilities to Federal Government from the AMCON deals. The real truth is that AMCON (or FG) made huge money at the expense of the banks. No loss to tax payers at all!

  • musa aliyu

    We dey laugh!

  • KAL

    Soludo was factual and precise. He may be sentimental but they couldn’t just fault his position and facts. Why not just address those issues he raised instead of engaging in prose journey and attacking his personality? Nigeria is becoming more and more interesting!

  • Abdulsamad Hamzat Isah

    I’m so disappointed Mrs Coordinating Minister. What role did u play then to avert Mr Soludo’s mismanagement of the country’s banking sector, since you were then overseeing the Federal Ministry of Finance? Mr Soludo was CBN Governor for 5 years, and out of these years, you were the Finance Minister for about 3 years and one month; so Soludo couldn’t have singlehandedly plunged the country into “an incredible accumulation of liabilities” if you did your job well.

    • Charles owolabi

      Hazmat you should remember that The CBN act allows that agency to act independently. The act makes the CBN an autonomous agency of government. In other words there was little madam could do to stop him. This is the same reason Sanusi Lamidio Sanusi as CBN governor was able to award over 600 billion Naira in contracts . He turned the CBN into a contracting agency and there was little government could do.
      What needs to be established is a financial reporting agency to regulate CBN and the repealing of the CBN as it is .
      Hope it clears things up for you

      • Ikechukwu_67

        You are right charles..An automous agency that had her Governor suspended(sacked?) is really
        autonomous. You are correct because the CBN, okonjo-iweal and deziani had different figures on oil subsidy but finance minister is blameless. NNPC had forensic audit done on her books yet we would need a “United nations court” to act before the result would be released. Meanwhile, it is the same oil revenue inflow that is supposedly managed by NNPC that is the crux of the matter.

        You are correct as it took the CBN governor’s public leak to inform Nigerians about the rape of crude oil revenue due to misappropriation(or non-remission) before the Finance minister sprang up from her seat.

        you have really cleared things up my brother

  • anneedu

    Is it on GEJ you want to exercise your power I mean soludo

  • justme

    Spitting fire and brimstone on the government can’t erase the fact that u r equally guilty of the very same offence u are accusing the government of!!,cos am certain that if u had managed ur own office properly while u were the CBN governor,u wud have spared the nation a from lots of debts hanging from its neck!

  • Bunduma Mohammed

    Okonjo has been exposed not only as somebody who does not economics but as a currupt criminal. The Americans knew her that is why they blocked the criminal from heading world bank, I am sure those who trained the animal Okonjo-world bank would regretting the shame she put them

    • Lance

      Oga, your grammar blows. Nice try all the same. At least you’re better than the sewer rat from Northern California- Otile.

    • ali

      She didn’t get the job because traditionally world bank is american and IMF is European Get your facts straight.

    • Charles owolabi

      You seem to be another Almajari who got an education under a tree. Please learn how to spell corruption first before you post rubbish on the net. Olodo.

  • Dr Iweala, by this response has confirmed that She lacks the capacity and competence to manage the Finance Ministry.This wasted effort is more or less an attack on the personality of the globally acclaimed Professor of Economics rather than doing justice to the critical economic issues raised.
    Professor Soludo treatise and Dr Okonjo Iweala’s response could be hinged on the following:

    * The depletion of the foreign reserves and Excess Crude Oil accounts built by OBJ and Yaradua. Governor Amaechi had to cry that they forced the Government to share the funds when they discovered that it was being depleted daily. $5billion was forcefully subtracted for Power projects which is still comatose.In any case, no Governor could have forced a President to touch an account being preserved for the rainy day. How come this did not happen with OBJ and Yaradua.
    * Unemployment by the World bank was 56% and 54% based on data from the National Bureau of Statistics thereby leading to associated crime by the youths.Chief Mike Ozekhome after his kidnap described youth unemployment as the father of Boko Haram, militancy, Kidnapping etc.Dr Iweala herself admitted that the misery index grew in 2013.
    * Dr Iweala did not contradict most of the economic indices raised by the Professor but attempted to
    hide behind the World bank while refusing to quote the recent rates for poverty by the NBS.
    * Dr Iweala only dealt more on GEJ team’s plan in a period of austerity rather than what they did with the plenty available to them in 6years.
    * She cleverly avoided the missing $20billion by Sanusi that she directed we should enquire from Diezani. The forensic report she promised is yet to be submitted after 9months.
    * Subsidy Corruption from whose proceeds SureP is using for the roads, bridges etc.Where are the ministries’ allocations.
    * She never disputed the fact that GEJ least performed OBJ and other administrations given the high average crude oil prices.

    Dr Iweala deliberately stood lie on its head for blaming Professor Soludo for the bank losses.The losses were triggered off by Sanusi, who due to extraneous factors decided to shut some banks out of the re discounting window.Sanusi could be forgiven because he was just cutting his teeth and as such caused the nation a lot of fund losses which could have been used to refinance these banks until they became stable.This was a global issue and America supported her banks to recovery.

    This response falls short of the academia and should rather be restricted to the beer parlour.

    • Kelly

      The PDP boys are at it again. We know you people in whatever guise. But you are all looser. We know too well that Buhari-Idiagbon regime remains the most sane, incorruptible, disciplined and progressive leadership Nigeria has had since independence. You cannot change that fact of history no matter how well you try to distort facts. In your desperation, you bring up lies and half truth (not put in context of their events) to dicredit the regime. But we are smarter and wiser than you fooooooooooooools !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

      • Kelly

        Sorry. honsylglobal, the above comment is no meant for u. It was posted in error.

  • Hembe Hembe

    BREAKING NEWS! BREAKING NEWS!! BREAKING NEWS!!!

    Nigerian Masses
    and Nigerians in diaspora who voted against ex-military president,
    BUHARI, in presidential elections in 2003, 2007 and 2011 have already
    adduced the following reasons behind their votes against BUHARI. They
    have insisted that nothing has changed in the life of Ex-Military
    Dictator( Buhari) and as such have resolutely decided to go into
    election on Feb., 14 Presidential Election to demonstrate their views
    and to send Buhari to a perceptual political retirement.

    They
    spoken in harsh tones to our correspondent denouncing Buhari in all
    ramifications . According to them, “below are the reasons we voted
    against Buhari in the past elections and why we are prepared to VOTE
    against him again this Feb., 14 Nigerian Presidential elections”.( NB:
    Please kindly go through their 12 reasons and support them). Reasons::

    No1.

    NIGERIAN STUDENTS. Remember the person who abolished feeding in

    tertiary institutions in 1984?. Buhari as a military Dictator then had

    no agenda for Nigerian Students, neither does he and his rag tag

    coalition this time.

    Vote to protect our Students.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No2

    NIGERIAN WOMEN. How many Women were in Buhari’s Cabinet as Military

    Head of State? NONE. Buhari has no respect for the dignity of women and

    regards them as insignificant in national development. That is why he

    recklessly said recently that he will abolish the office of the First

    Lady if he is elected. Women, who today are at the commanding heights of

    Nigeria’s political economy will have no rallying point in a Buhari

    Government.

    Vote to protect our Women.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No3

    THE NIGERIAN PRESS. Do we want to risk the freedom of Expression we

    currently enjoy?. Hear Gen Buhari’s vow in 1984 when asked about press

    freedom ” I will tamper with that”. To match words with Action (after

    all, Buhari claims to be a man of his words) he enacted Decree 20 and

    jailed Journalists Nduka Irabor and Tunde Thompson. Many Nigerians were

    detained without trial under his draconian Decree No 2. Can we afford

    to go back to the dark ages?

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria first Project

    No. 4

    The NIGERIAN POLITICAL CLASS. If you think that the current attempt to

    whitewash General Buhari and give him a human face will make him abandon

    his old habits, we will be in for a rude shock. To him, every

    politician is a thief except himself. This kind of messianic delusion

    has no place in contemporary Nigeria. Buhari looks at everyone with

    contempt and prejudice. His iron fisted misrule lead to the premature

    deaths of political leaders across the country. Let us save our emerging

    leaders and protect them from a rampaging despot.

    Say NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No. 5

    CIVIL SOCIETY. Buhari’s Government enacted laws with retroactive

    effects. Nigerians were given punishments that were nonexistent in

    previous laws at the time the offences were committed! How else can we

    define gross violation of human rights? Buhari enacted and recklessly

    applied Decree 2 otherwise known as Detention of Persons without trial

    Decree.

    He never condones dialogue.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No. 6

    CATTLE REARERS. To some Nigerians, General Buhari is a proud Fulani man

    who will protect them when he gets to power! How wrong! Under General

    Buhari, the obnoxious Jangali Tax system was introduced and this brought

    untold hardships to Fulani Cattle Rearers and frustrated most of them

    out of business. A good friend they say is better than a wicked brother.

    The current effort to create grazing reserves for cattle Rearers must

    be supported. Buhari will bring back Jangali.

    SAY NO TO BUHARI, SAY NO TO APC

    NIGERIA first project

    No. 7

    INVESTORS/ BUSINESS COMMUNITY. General Buhari does not believe in the

    principle of a private sector driven economy. He is still ensconced in

    the worn out and obsolete practices of a state monopoly control of the

    economy. All the gains of the current reforms which have made Nigeria

    the biggest investment destination in Africa will be reversed.

    Should we be led back to Egypt?

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria first Project

    No. 8

    TRADITIONAL INSTITUTIONS. General Buhari as Military Head of State

    undermined the revered and world famous Stools of the Emirate of Kano

    and the Ooni of Ife when he unilaterally suspended the Great Alhaji Ado

    Bayero and Oba Okunade Sijuwade from office for embarking on private

    visits to the State of Israel. At the time they visited Israel, they

    violated no laws. Let’s us preserve the dignity of our heritage.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria first project

    No. 9

    THE LEGISLATURE AND THE JUDICIARY. General Buhari does not believe in

    the concept of Separation of Powers. Being from a dictatorial

    background, he lacks the temperament to engage in dialogue and tolerate

    opposing views. That is how he influenced the dispensation of justice in

    his regime. From his pronouncements and carriage, he has learnt nothing

    and will attempt to weaken the other arms of government. SAY NO TO

    BUHARI, SAY NO TO APC,

    Nigeria First Project

    No. 10

    THE

    NIGERIAN PEOPLE. General Buhari seems disconnected with the norms of

    politics in his actions and his words. His immensely divisive persona is

    manifest in his recent pronouncements. In an interview he granted to

    weekly Trust recently, he referred to Former Presidents Olusegun

    Obasanjo and Ibrahim Babangida as his “Enemies”. Nigerians deserve a

    President who is a unifier, not one who has a penchant for collecting

    enemies. A Nigeria President should NEVER HAVE AN ENEMY.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No. 11

    NIGERIAN PEOPLE. Buhari and his APC image launders have continued to

    present themselves to Nigerians as people who are going to fight

    corruption when voted into power –

    Buhari whose ADC, Major Ojokolo

    escorted 53 suitcases into this Nigeria in 1984 even when he, Buhari had

    ordered the closure of the borders.

    SAY NO TO BUHARI, SAY NO TO APC,

    Nigeria First Project

    No. 12

    NIGERIAN PEOPLE. Toppling Shagari govt was the worst of Buhari sins.The

    worst civilian govt is better than any military junta. A man who

    truncated the Nigerian Second Republic and ushered Nigeria into 16 years

    of Military draconian administration cannot turn around to benefit from

    his own wrong. Buhari cannot eat his cake and have it.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    • Kelly

      These PDP boys are at it again. We know you people in whatever guise. But you are all looser. We know too well that Buhari-Idiagbon regime remains the most sane, incorruptible, disciplined and progressive leadership Nigeria has had since independence. You cannot change that fact of history no matter how well you try to distort facts. In your desperation, you bring up lies and half truth (not put in context of their events) to dicredit the regime. But we are smarter and wiser than you fooooooooooooools !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • MushinSpeaks

    Okonjo forgot that she and Soludo served in same economic team under the administration of Olusegun Obasanjo. Its only a shame that in effort to praise your paymaster for looting and failing the masses, she is now speaking ill of the once revered Chief Economic Adviser.

  • fatima oyedepo

    The problem with Nigerians is that they don’t recognize a gem when they have one. NOI has listed the facts in her reply to Soludo. This is a technical knockout. She has shown she is a woman of substance. Soludo should tell us where he got the money to live like a rich man in England and buy houses in England. We Nigerians cannot glorify a thief, an opportunist who is gunning for minister of finance. He does not have the qualities to be a leader, he is a loser. Go NOI the women of Nigeria are proud of you and will always support you. A light for all women all over the world.

    • G4

      It seems the only reason, you are supporting her is because she is a woman. How Pathetic.

    • Kelly

      This is not a gender debate

    • Andrew Newton M.D

      Fatima your brain and ideology are both twisted very wrongly.

  • Dr. Peter Ejirika,CPA

    Dr. Iweala, to start with, placed her kinsman as the governor of the central bank which is the height of nepotism. She owns quite a bit of real estate in Houston,Texas. From a professional standpoint, she did not foresee Nigeria’s Economy gradually descending into a recession which raises questions about her analytic macroeconomics ability, though I concede she is a graduate of Harvard.

    • beauty and the best

      Word.

    • Osogagba

      If a World Bank veteran of more than 20 years and one with not just a Harvard bachelors but also an MIT doctorate and who rose to become a managing director at that institution and if this same person whose husband is another 30 odd years U.S-based veteran in neuro-surgery cannot own ‘quite a bit of real estate in Houston, Texas’, then I imagine that no one else possibly could. As for her alleged nepotism, maybe you should be providing the proof instead of merely speculating.

    • Charles owolabi

      You can blame Ngozi all you want but ever one knows that the present CBN governor has a fantastic banking record and was the best among equals – that is all the other MDs considered.
      Please look up the present CBN governors academic and career credentials before talking. He is has been given credit along with the founder of Zenith Bank for building what arguablely is the largest and strongest financial institution in Nigeria today.
      Surly you can not take that away from him. Ngozi did not appoint him or influence his appointment he got there by merit.
      What Ngozi has always stood for is merit . And if merit is used as the single yard stick in Nigeria Igbos always do very well. That is what happened with the sovereign wealth fund when merit was used by KPMG led by a Yoruba team – Kunle and co an Igbo still emerged.
      The Igbos are very intelligent and always rise to the top if competition is the yard stick. I know that for sure because I was in school with them in Ife.
      Again it is wrong to say that Okonjo Iweala favored her kings men. For your information her mother is Yoruba from Ijebu Igbo most people don’t know. she is née Ogunyemi. Her name is Titiola
      Most yoruba don’t have this information.
      Ngozi also grew up in Ibadan and went to Saint Ann’s . Please do your reseach
      I don’t know about owning houses in Houston but I know she had a long career in the US with the world bank so it would not be a surprise if she owned a property in the US.
      Could you please provide an address so we can check this information out.

      • Dr. Peter Ejirika,CPA

        He took non-academic courses at Harvard which you too can take due to its open admissions nature. He is not a graduate of Harvard. If you would like I can register you for one of their Summer Courses. The governor of central bank and the minister of finance do not have complimentary skills hence both of them could not rightly interpret the leading indicators of a recession. However, in the land of the Blind one eyed individual is usually the King.

      • Dr. Peter Ejirika,CPA

        Are you a Cab Driver that I have to conduct research on a subject of interest to you? If you are interested in finding out her investment holdings then take that extra step to conduct the research for we have Open Book System of Government in Texas. What you do for a living in Texas determines your ability to research information at the government arena.

        • Charles owolabi

          For your information I don’t waste my time doing research on nonsense. You made an allegation yet you are unable to show proof. If you were in a court of law your arguments would have failed woefully. My American graduate. What school did you attend in America? I know it was not an Ivy League school. In my time most of the people who went overseas after secondary school was because they could not pass into Nigerian universities. I am sure you fit into that class
          Yes I am proud of being a graduate of a good Nigerian University- great Ife. After going to kings college for secondary school , I studied accountancy at Ife. Graduating with an upper second. I applied and got admission at Wharton and did an MBA there before moving to Texas. I did my PHD at Rice and own my own business.
          Your posting show your mind set. You think every Nigerian is a cab driver ? I feel sorry for you.
          Here in Texas you would find Nigerians in the best of organizations and some have taken it a step further by owing their own businesses .
          Okonjo iweala is from delta yes but they are ibos so please get your facts right. They are ibos who live across the Niger
          Please tell us what Okonjo iweala is- yoruba?
          And who is a typical ibo?

          • Dr. Peter Ejirika,CPA

            You did your PHD at Rice that is commendable but I would refer you to the words of a Chinese philosopher who contended that to know and not use is to yet not to know. But be careful before you run yourself into trouble assuming your name is Charles Owolabi and you are in business as you claim. Be very careful indeed! You are probably aware that Nigerians are known all over the globe for not having integrity and doing business honestly. I know for sure, as we would say in Texas only a handful of Nigerians are persons of integrity so go your way before you have something to worry about. I will be in the University of Houston tomorrow for an Academic Conference after which I will be at the Galleria to return some gifts so if you like we can meet over a cup of coffee. I am an Ibo American and a Higher Education Econometrician.

          • Charles owolabi

            There you go again trying to paint an imaginary picture of Nigeria that only exists in the mind of failures. You and your Chinese philosopher who you are not able to reference. I now wonder what institution you claim you work for. I feel sorry for that institution.
            I am in the yellow pages and you can look me up or better still if you have a private box do drop it so that I can send you my details
            Not every Nigerian is frudulent my ibo American Brother
            In fact the vast majority are honesty hard working folks who are just earning a living working hard

          • Dr. Peter Ejirika,CPA

            You want to run into serious problems but I have checked you are using a pseudo name so let it be with Caesar as the saying goes.

          • Charles owolabi

            Where did you check me out fake Dr who does not know the difference between courses and causes.
            I asked for a private box so that I can give you my details. Obviously you do not expect me to pass you my details over this medium.
            You blow a lot of hot air and send out a lot of hog wash. Send me your private box and you would get my details now
            Ode

          • Dr. Peter Ejirika,CPA
          • Charles owolabi

            Expect information shortly after I conduct my own checks

          • Dr. Peter Ejirika,CPA

            You are using a pseudo name. I can meet you anywhere in Houston tomorrow and we will have a cup of coffee so why not we do that.

          • Charles owolabi

            Dr please allow me to satisfy myself first. I need to conclude my checks before sending out my details. One needs to ensure the authenticity of the other fellow.
            I assure you that once I get the all clear we would surely meet

          • Dr. Peter Ejirika,CPA

            She is from Anioma a piece of territory between Benin and the west coast of the Niger. However, we have no history of Ibo migration to the west and applying the seven dimensions of culture, all Ibo renown sociologists unanimously agree Anioma indigenes are not Ibos. Initially they claimed they were from Benin then the Benins drove them away then they remembered they are Ibos but the last of our fathers, De Anyahei reiterated they are not Ibos rather they have identity problem. Their culture is different, their shade in most cases is different, and above all, their food is different. This was how Nzeogwu and Awolowo planned executed the first military coup and the whole of Nigeria mislabeled it an Ibo coup. In essence neither Awolowo nor Nzeogwu was of Ibo heritage.

          • Charles owolabi

            There you go again putting out false information and false accounts of known and established history. I refer you to the works of Professor Adeale afiegbo professor of history at the university of Nigeria nsukka and that clearly establishes that the ibo migrated across the Niger around the 14 and 15 century AD . Their migration westwards reached very close to Benin and there was what you call cross culturalization with people of Benin origin however according to the professor the underlaying dominant culture of ibo. That is why today various Anioma or delta ibo towns trace their origin to the east for example before a king is crowned in Ogwashi Ukwu he must pay homage to the Eze Nri because the Ogwashi Ukwu people believe they are from Nri. What about the Isi agu people they also believe they are from Enugu Uku in Anambra state. Did the Benin kingdom have influence over the area the answer is yes because as the benin empire expanded under Eweka and Esige the Anioma area came under their control but remained largely ibo
            My brother let us not debate acedemically accepted facts
            The Anioma are ibo.
            Nzeogwu was ibo by birth but Hausa by orientation

          • Dr. Peter Ejirika,CPA

            The living authority of Ibo history is Dr. Walter Afonagaro and he is the author of Trade and Politics in the Niger Delta. He would educate you on the absence of traces of Ibo migration to the west and Dr. Ugwu, a sociologist confirmed that Anioma’s culture is a subset of Isoko culture instead. The fact that you mentioned the King of Nri means you are not talking of Ibo Culture for Ibos are Republicans by nature. We have never had a King or Eze or what ever name you call that institution of monarchy. Above all, we don’t miss that institution. The attempt by the British to introduce the institution of Monarchy in Ibo land led to the Ibo Women Tax Revolt of 1929. The British Colonial Administration labeled this incident Aba Women Riot but I got the Academic Community to see through the misconception in the light of the economic circumstances of Europe in 1929(Great Depression) which led to the imposition of Taxation without assessment in Eastern Nigeria. And the incident has been reclassified as the Ibo Women Tax Revolt of 1929. Ibo Women, as usual had to revolt against taxation without representation hence the British manufactured a King in Umuahia this incident is known as “Ogu Ukugo” that is the Eze the British created to collect Taxes and lord it over Ibos of Umuahia extraction. By the way of education, Ibos by blood are the people who are known as the descendants of “Nwanoyingbo” the indigenes of Owerri, Umuahia, Orlu, Okigwe, Aruchukwu, Aba, Opobo, and Some families in Ijaw. The whole of Anambra and Enugu are Ibo Transients they are not Ibos by blood. This accounts for why they have Obi which is a culture they copied from Benin and non of these groups dance the Expe Dance or have the Age Grade System embedded in their culture.

          • Charles owolabi

            That is false information again trade and politics in the Niger delta was written by professor Kenneth dike. Please stop putting out false information. Kenneth Dike was the former Vice Chacellor of the university of Ibadan and was the first to talk about trade and politics in the Niger delta.
            Dr your own account of ibo history is manufactured at best. What are you saying here is it that the entire Anambra people are not ibos?
            Please note that the information you have put out contradicts what most ibo scholars including professor Emanuel obiechina. Professor Achebe , professor Nzimero, professor mere, professor mrs okonjo have written about over years. These scholars in various fields who have studied ibo culture and social interactions agree that the ibo are not homogenous as one may think but have over time had influence from various cultures however the different ibo sub-groups share various similarities in language food traditional beliefs and social structure. The language spoken by the subsets are of different dialects but have the same basic origin and structure. Social interactions are also similar and therefore have the same source.
            it is there for clear that your analysis fails because the slight differences in spoken language does not translate to a difference in ethnic composition or blood as you refer to. People may speak different dilealets of the same language and still share a common ancestry. I hope you understand.
            You and the Anambra man and Anioma man share the same culture and ancestry

          • Dr. Peter Ejirika,CPA

            You are wrong for all of the people you have listed wrote a biased account of the history of the Ibos. The origin of the Ibos is Aruchukwu and the only authentic Ibos are those I have listed however the Anambra and Wawa People embraced Western Civilization before us hence they could misrepresent the Ibo history to their advantage. One cannot be an Ibo by blood without being a descendant of “Nwaoyingbo” The authorities you mentioned were not Ibos by blood rather they were Ibos by association. The term Nwanoyingbo means descendant of Ibo heritage. You can call Dr. Iweala Nwanoyingbo or any person from Anambra Nwanoyingbo and they will reply they are not. The Nwanoyingbos are the ones that stood by Ojukwu till he left for Ivory Coast the rest of the Ibos by association were trading or denied been Ibos, you can verify my information from Debe Ojukwu. Also from a cultural standpoint there is a type of dance Known as the Ikoro which people from Anambra and Wawa don’t dance. Please ask your Anambra and Wawa friends who are the descendants of Igbo Kom Kwem. This means Igbo proper. Dr. Nzimiro was not an Ibo man so how would he know. Oguta People till date stated that they are not Ibos which accounts for the fall of Arthur Nzeribe. During the war Oguta people were jubilating while Nwanoyingbo was engulfed in war. Biologically Oguta People are darker and have broad flat noses. You can write Dr. Walter Afonargoro he is of Igbo Kom Kwem and writes the history of the Ibos from the standpoint of exact reflection of whom we are without any implied interest. There is freedom of speech so you can exercise that right but Ibos of Igbo kom Kwem are the Ibos by blood.

          • Charles owolabi

            this is a faulty analysis based on speculation that surly can not stand up in academic circles. In the academic world research forms the basis for advancement. It is reseach that enables us to propound theories that would stand scrutiny not imaginary and speculative analysis not based on methodolical research.
            For every authority I have sighted you have simply dismissed the person without providing reasons for your dismissal. Where then is objectivity in your approach?
            It would be impossible to get you to even consider alternative hypothesis so I would not waste my time any more
            For your information most of the commanders who fought along side ojukwu were all delta ibos examples include
            Nwawo , air raid Acuziah I hope I got that spelling right , okwochime , Nzeogwu to name a few. Nzeogwu died in the front for Biafra yet you say he was not ibo. You turn history on its head.
            Also ojukwu is from Anambra State. I guss he too was not ibo
            Selective and unreseached historical accounts that is what you put out
            I am done with you
            I have lost all respect I may have had for you. Please stick with economics where you claim to be an authority.

    • fatima oyedepo

      please provide the real estate she owns in Houston liar liar pants on fire

      • Dr. Peter Ejirika,CPA

        Please research Harris County Appraisal District and you will find her name listed as the owner of some of
        the property.

        • Charles owolabi

          Please give address and stop formulating rubbish.
          Give us specific addresses. I am also in Texas so I can do the research

          • Dr. Peter Ejirika,CPA

            Something just caught my attention, which is both Fatima and Charles are graduates of Nigerian University so this underscores their inability to conduct research. Besides, in my academic circles we consider Nigerian University graduates as functionally literates though Corporate America thinks otherwise. So I will end this discussion until both of you have taken some causes in English as A Second Language then I might consider to respond.

          • Charles owolabi

            You mean courses not causes. Olodo
            The first deals with a subject of study or a subject that is to be studied over a specific period.
            While the Latter deals with the the effects of an action or the things that create a known phenomenon either positive or nagative in nature.
            Fake Dr
            Olodo CPA
            Please do not tell me you made a mistake.
            American graduate.
            Fatima I told you this fellow is a cab driver masquerading as a CPA.
            Wonders shall never end
            Up Ife. great Ife

        • fatima oyedepo

          Fake CPA i have researched Harris County records and spoken to an official and there is no record of any property in her name. Liar Liar pants on fire. Please stop posting lies on the internet. get your facts straight

          • fatima oyedepo

            Peter Ejirika I have just confirmed from an acquaintance of yours that you come from an extremely poor background and currently frustrated with your life in Texas. You derive pleasure from your misery in spreading false information about persons. Your bogus and perverted academic credentials and outlook on life is reminiscent of the philosopher who once said “a little learning is dangerous” people like you who unfortunately and purportedly have been exposed to the world of EDUCATION get carried away with inflated egos and think they can now pass judgement on others ……… from where Texas?????? Your supposed education is half baked given all your past pronouncements …….. Please expend your energy on conducting more useful research that would serve the community rather than researching the Harris County Appraisal District.

          • Dr. Peter Ejirika,CPA

            Perhaps, you are not aware it is gratifying to describe me as one from a very poor background. I am grateful to God that my family background is not seen by any one as being one of people who steal from the public or from other people or have fraudulent demeanor. It might interest you to know that I am the first Black Person to be a Budget Director for a State Government in the Southern Segment of the United States and the first Black to serve in a State Government School Finance Task Force in the South. I have raised with my meager earnings the following: a medical doctor, my first daughter, a real estate attorney, my first son, a pharmacist, my second daughter, and a teacher, my last son. My six year old grandson by name Deuce represented the United States in Helsinki last December in Science Fair Competition and my wife is a dean of the School of Nursing in a University in Southern Louisiana. I will say to God Be the Glory for it has been good enough for me and I did not cheat, steal or take life in order to achieve any of these strides. If you will be willing to pay I can direct you to the website that depicts a glimpse of my scholarship in Higher Education Econometrics. I may add you are blaming Jonathan for corruption while you are busy selling doctoral degrees.

          • Dr. Peter Ejirika,CPA

            Oyedepo:
            Please ask your friend or friends who claim to have a rich family what has their family done with their wealth to make the world a better place? In the name of my father Chambers Ejirika my son incorporated a foundation that has been awarding twenty scholarships to indigent students to study at the University of Calabar and University of Port Harcourt. Unfortunately, Chambers is not here with us physically but in spirit. If you like we will send you in July a list of the recipients for 2016 Academic Year. This is what Ejirika Foundation and Ejirika family is all about sharing their blessings. Also, tell your friend the matriarch Lucy Ejirika is hundred and thirteen years old, the oldest survivor of the fall of Port Harcourt. She lives in New Orleans, Louisiana with Dr. Helen Ejirika. However, I must add that we got these blessing by His Grace and not by might neither my family nor I deserve it. My father’s last words to me before he sent me out to America in 1972 July are as follows, “there is no place His Will leads you that his Grace will not Cover You.” After these words he asked me to get him drinking water when I came back he was gone though we will meet again on Resurrection Day.

          • Dr. Peter Ejirika,CPA

            Consultancy- Ejirikacpa@www.com

  • Andrew Newton M.D

    The finance minister —ugly and fat is the worst finance minister the world had ever known. She should release the repeat of the missing $20-40 billion oil money missing. She should tell Nigerians where she got the millions she used to settle the kidnappers who kidnapped her mother. She is nothing but a rabble rouser. She is as incompetent and as CORRUPT as it gets.

    • fatima oyedepo

      Andrew you are a fool.First of all please correct your spelling and grammar before posting. Goat. What millions did she use to settle kidnappers for her mom. Abi you are an associate of them thats why you know she spent millions. For your information she did not pay a penny to get her mother released. What missing $20-$40 billion. Get your facts straight. But that may be too much to expect from someone with low intelligence like you. She maybe fat and ugly but you will never have her Harvard education and MIT Phd, you can never have 1/100 of her accomplishments. LOL Go NOI Forbes number 45. We love you. A princess form Delta and a great champion of our country. Andrew, why don’t you ask Soludo and Oby to give you a little “something” so you will be able to buy an economy ticket to London just to look at their houses. Ewu doctor

  • Charles owolabi

    Maybe you are one of the kidnappers since you know how much madam paid as ransom for her mother. When your own mother is kidnapped please do nothing allow her to die in the hands of wicked and evil people. Maybe you don’t even have a mother and was raised in a motherless babies home ode.
    As for your assertion that madam is incompetent maybe you should show your Buhari certificate and see if she would employ you as her house boy.
    Fake MD. Who dash monkey banana?
    Kindly be specific with the amount that you said got missing is it 57 billion USD or 48?billion or 12.4 billion USD or 20 billion USD. Financial illetrate.
    Tell the former Quota based former CBN governor to get his numbers right before any meaningful reconciliation can occur.
    As ugly as you say madam is she still got a wonderful husband and 4 brilliant children.
    Please tell us about your own family
    Show us the picture of that your illetrate petty trader wife. Show us the pictures of your deprived children.
    Olori buruku.

  • Hembe Hembe

    BREAKING NEWS! BREAKING NEWS!! BREAKING NEWS!!!

    Nigerian Masses and Nigerians in diaspora who voted against ex-military
    president, BUHARI, in 2003, 2007 and 2011 presidential elections have already
    adduced the following reasons behind their votes against BUHARI. They have
    insisted that nothing has changed in the life of Ex-Military Dictator( Buhari)
    and as such have resolutely decided to go into election on Feb., 14
    Presidential Election to demonstrate their views and to send Buhari to a
    perceptual political retirement.

    They spoken in harsh tones to our correspondent denouncing Buhari in all
    ramifications . According to them, “below are the reasons we voted against
    Buhari in the past elections and why we are prepared to VOTE against him
    again this Feb., 14 Nigerian Presidential elections”. Reasons:

    No1.

    NIGERIAN STUDENTS. Remember the person who abolished feeding in

    tertiary institutions in 1984?. Buhari as a military Dictator then had

    no agenda for Nigerian Students, neither does he and his rag tag

    coalition this time.

    Vote to protect our Students.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No2

    NIGERIAN WOMEN. How many Women were in Buhari’s Cabinet as Military

    Head of State? NONE. Buhari has no respect for the dignity of women and

    regards them as insignificant in national development. That is why he

    recklessly said recently that he will abolish the office of the First

    Lady if he is elected. Women, who today are at the commanding heights of

    Nigeria’s political economy will have no rallying point in a Buhari

    Government.

    Vote to protect our Women.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No3

    THE NIGERIAN PRESS. Do we want to risk the freedom of Expression we

    currently enjoy?. Hear Gen Buhari’s vow in 1984 when asked about press

    freedom ” I will tamper with that”. To match words with Action (after

    all, Buhari claims to be a man of his words) he enacted Decree 20 and

    jailed Journalists Nduka Irabor and Tunde Thompson. Many Nigerians were

    detained without trial under his draconian Decree No 2. Can we afford

    to go back to the dark ages?

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria first Project

    No. 4

    The NIGERIAN POLITICAL CLASS. If you think that the current attempt to

    whitewash General Buhari and give him a human face will make him abandon

    his old habits, we will be in for a rude shock. To him, every

    politician is a thief except himself. This kind of messianic delusion

    has no place in contemporary Nigeria. Buhari looks at everyone with

    contempt and prejudice. His iron fisted misrule lead to the premature

    deaths of political leaders across the country. Let us save our emerging

    leaders and protect them from a rampaging despot.

    Say NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No. 5

    CIVIL SOCIETY. Buhari’s Government enacted laws with retroactive

    effects. Nigerians were given punishments that were nonexistent in

    previous laws at the time the offences were committed! How else can we

    define gross violation of human rights? Buhari enacted and recklessly

    applied Decree 2 otherwise known as Detention of Persons without trial

    Decree.

    He never condones dialogue.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No. 6

    CATTLE REARERS. To some Nigerians, General Buhari is a proud Fulani man

    who will protect them when he gets to power! How wrong! Under General

    Buhari, the obnoxious Jangali Tax system was introduced and this brought

    untold hardships to Fulani Cattle Rearers and frustrated most of them

    out of business. A good friend they say is better than a wicked brother.

    The current effort to create grazing reserves for cattle Rearers must

    be supported. Buhari will bring back Jangali.

    SAY NO TO BUHARI, SAY NO TO APC

    NIGERIA first project

    No. 7

    INVESTORS/ BUSINESS COMMUNITY. General Buhari does not believe in the

    principle of a private sector driven economy. He is still ensconced in

    the worn out and obsolete practices of a state monopoly control of the

    economy. All the gains of the current reforms which have made Nigeria

    the biggest investment destination in Africa will be reversed.

    Should we be led back to Egypt?

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria first Project

    No. 8

    TRADITIONAL INSTITUTIONS. General Buhari as Military Head of State

    undermined the revered and world famous Stools of the Emirate of Kano

    and the Ooni of Ife when he unilaterally suspended the Great Alhaji Ado

    Bayero and Oba Okunade Sijuwade from office for embarking on private

    visits to the State of Israel. At the time they visited Israel, they

    violated no laws. Let’s us preserve the dignity of our heritage.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria first project

    No. 9

    THE LEGISLATURE AND THE JUDICIARY. General Buhari does not believe in

    the concept of Separation of Powers. Being from a dictatorial

    background, he lacks the temperament to engage in dialogue and tolerate

    opposing views. That is how he influenced the dispensation of justice in

    his regime. From his pronouncements and carriage, he has learnt nothing

    and will attempt to weaken the other arms of government. SAY NO TO

    BUHARI, SAY NO TO APC,

    Nigeria First Project

    No. 10

    THE

    NIGERIAN PEOPLE. General Buhari seems disconnected with the norms of

    politics in his actions and his words. His immensely divisive persona is

    manifest in his recent pronouncements. In an interview he granted to

    weekly Trust recently, he referred to Former Presidents Olusegun

    Obasanjo and Ibrahim Babangida as his “Enemies”. Nigerians deserve a

    President who is a unifier, not one who has a penchant for collecting

    enemies. A Nigeria President should NEVER HAVE AN ENEMY.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    No. 11

    NIGERIAN PEOPLE. Buhari and his APC image launders have continued to

    present themselves to Nigerians as people who are going to fight

    corruption when voted into power –

    Buhari whose ADC, Major Ojokolo

    escorted 53 suitcases money into this Nigeria in 1984 even when he, Buhari had

    ordered the closure of the borders.

    SAY NO TO BUHARI, SAY NO TO APC,

    Nigeria First Project

    No. 12

    NIGERIAN PEOPLE. Toppling Shagari govt was the worst of Buhari sins.The

    worst civilian govt is better than any military junta. A man who

    truncated the Nigerian Second Republic and ushered Nigeria into 16 years

    of Military draconian administration cannot turn around to benefit from

    his own wrong. Buhari cannot eat his cake and have it.

    SAY NO TO BUHARI, SAY NO TO APC

    Nigeria First Project

    • Dr. Peter Ejirika,CPA

      If Education means anything at all Educated Nigerians should vote against Bhuari because he does not believe in Education. To support the assertion that Bhuari will introduce the Northern Nigeria’s quality of education to the rest of Nigeria if he wins I posit this example. Several Ibo Ladies came to the United States with primary six level of education which in America we call grade school. These women, in addition to being mothers, house wives, employees, and students in various fields continued to obtain doctorate degrees in many fields and two of them presently are medical doctors in Houston, Texas. These goals were achievable because they believe in the efficacy of Western Education but Bhuari does not hence it has been thirty five years since Bhuari retired from the Nigerian Army but he has not developed himself by any definition of the word personal development. Yet Certain Nigerians want him to lead their country to abyss with no atom of Western Education.