The Economist has stated that Nigerians became poorer during the first term of President Muhammadu Buhari’s administration, insisting that while the Nigerian economy was “stuck like a stranded truck,” average incomes fell during the four-year period covering 2015 to 2019.
“The Nigerian economy is stuck like a stranded truck. Average incomes have been falling for four years; the IMF thinks they will not rise for at least another six .“Some 94 million people live on less than $1.90 a day, more than in any other country, and the number is swelling. By 2030, a quarter of very poor people will be Nigerians, predicts the World Data Lab, which counts such things,” the report explained.
“Where urgency is needed, Mr Buhari offers only caution. Few are holding their breath for any more drive in his second term, which began on May 29th. In an apparent support for the removal of petrol subsidy, the Economist said that public finances would be healthier if the government raised the price of fuel, which is imported by the Nigeria National Petroleum Corporation and sold on at a loss.
Lol, economist that most of d things they av said av been false. Make dem sort out Brexit first before dem begin talk our own😂😂🤣😂😂😂
.../1 Those who rigged buhari into second term by now, should be ashamed as the man is even more confused than the beginning of his 1st term.
I listened to Mr. Bismarck Rewani two days ago talking about the economy. Even though he alluded to some uncertainty, I knew then that Nigerian economists were being economical with truth for fear of being hounded by buhari terror cabal.../2
What did they vote for?
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Buhari to wealthy Nigerians: invest in critical sectors - The Nation NewspaperPresident Muhammadu Buhari has challenged wealthy individuals in the country to develop more confidence in the nation’s economy by massively Nor building filling stations like the one we are seen in osogbo Not building filling stations like the one we are seen in osogbo U nko,are U a poor man or just been hypocritical
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Buhari challenges wealthy Nigerians to invest in critical sectors - Vanguard NewsPresident Muhammadu Buhari has challenged wealthy individuals in the country to develop more confidence in the nation’s economy by massively investing in Nigeria’s critical sectors in order to boost job and wealth creation. vanguardngr An idiot vanguardngr Uhmm...baba I doubt it o bcos these wealthy Nigerians are always looking for quick and lazy ways of making money.I can only see few daring to invest in these sectors and God is blessing them,e.g. Dangote,Otedola,etc. vanguardngr What of the government money? Busy paying boko haram
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Buhari Challenges Wealthy Nigerians to Invest in Critical Sectors - THISDAYLIVEPresident Muhammadu Buhari has challenged wealthy individuals in the country to develop more confidence in the nation’s economy by massively investing in Nigeria’s critical sectors in order to boost job and wealth creation. The president gave the challenge when he hosted members of the business community and leadership of the All Progressives Congress (APC) to … So that you will be reining their wealth. Invest in critical sectors when you've not set an example in investment in your country, besides you've nit made Nigeria safe in your treatments to Boko Haram, herdsmen and bandits menace President Asinine I hope u included ur wife & ur son because they are some of the rich Nigerians u are talking about.
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