NewStats: 3,263,958 , 8,182,085 topics. Date: Monday, 09 June 2025 at 04:00 AM 5s236q

TimeManager:
Kids of nowadays, SMH!. When you stopped history in schools, this is what you get- ignorance!, blissful ignorance!. If you knew the level of great hardships that our parents went through during the period, you won't be here heaping a satanic worship on a man who initiated the begining of economic woes on Nigeria. With the introduction of SAP, IBB destroyed the economic foundation and progress of the country. In one fell swoop, naira was devalued by 500%, then up to 2000%, our debts increased to about $34billion, inflation rose to 54%. We could barely service our short term loans and thus, sellers overseas were reluctant to sell goods to us. Till today, we haven't recovered from SAP, IMF, World Bank captivities that IBB led us into and guess who was the Finance minister at the time, an economist and an ex-World Bank staff, Dr Kalu Idika. Kalu. If there's anyone that should be tied to a stake and shot, it is these two evil geninuses.

-kiss the truth!

As usual, you foolishly looked for a way to blame it on an Igbo man.
Now tell me, what was the exchange rate after IBB's tenure?
What is the exchange rate today?
Is an Igbo man responsible as well.
Deluded little mug!

TimeManager:

How did we get here?.
How can somebody with a brain skip an IBB era which was the begining of the economic disaster and then fly into 2024?, how possible?. Use your brain.

-kiss the truth!

Fool!
What was the exchange rate during IBB regime?
Is IBB also responsible for today's economic woes?

Unfortunately Nigeria has gone to the dogs.

TimeManager:

Everyone knows the collapse of Naira started during the SAP regime of IBB and the person who introduced SAP to him was an igbo man who was his finance minister.

-kiss the truth!

And when did a minister have the power to execute an idea?
Was IBB an economic illiterate like Tinubu who stupidly floated the Naira despite having first class in ing?

VeryWickedMan:
Tinubu is Nigeria's worst ever President.

He is bad but not even close to the following Abacha, Obasanjo, and Jonathan. Those three are in freaking different league of their own

system21:
The Nigeria of 1978, $13,100 was ₦10,220. What is the rate today? Bad leadership and corruption destroyed our economy.
Once upon a time in Nigeria, Naira was above dollar. That was when we were GIANT of Africa. Not anymore.
Then, $13,100 was ₦10,220
Today, $13,100 is ₦19,650,000.

Congratulations to all the ers of failed government and corruption

,

system21:

ers of Tinubu failed government you can give us the value of dollars in 1978

God bless you, he should give us the dollar value in 1978. We only knows what was the value in naira then.
The worst thing is that it is even our youth that is ing this evil government.
One of their manifesto was one dollar to one Naira. The poster is everywhere then.

Everyone that voted APC are hungry but we have seen one audio billionaire trying to sell two her children from the region of audio billionaire.
Stop hiding behind a finger, come out openly and let the whole world know your situation... Who knows someone might be interested in helping you.
As for the kings, we progressive pray their soul rest in peace.

toujurs:
i won't go through this route with you, because i am very sure. Hunger is finishing you wherever you are. I just want to give you a reminder that, the shege hasn't started. Two years from now, then you can start complaining, then after another 3 year. By then jagaban will be having his second term. The shege banza would start. Just have in mind i have a cleaner job for you. By then .

I didn't vote for tinubu, i did my part for a better Nigeria, which i came out to vote. Than seating in my house and only praying for a better Nigeria.

so karma has nothing on me. But more blessings and growth. But you see all those who came out to cause problems. Those monarch, anyways two has been killed already. Karma will visit more.

Actions have consequences.

TimeManager:

If the country was healthy as you claimed, then why was there a coup by the military?. According to the coupists, the country was messed up in corruption and they needed to cleanse the system of corrupt politicians, which Azikwe was the President. So why would you absorb igbo?

-kiss the truth!

So which reason did Buhari give for kikking IBB out? All of them always have a reason to kick any government out. Kick the truth my foot.

placeofallure:


You started it, I insist! You started sounding like you are the sun and moon and the rainbow altogether and I gave it back to you. You didn't think it insultive when you said I was an idiot, abi?

What can you do if I quote you? I wonder with infantile people like you, whose foolhardiness is mega but they never realise it. Your power ends behind your keypad. Now that I have quoted you, what?

I am the daughter of my father, I take none of my words back!

You showed yourself an idiot and I called you one.
It's obvious your brain is malformed. Your first quote was an insult to the last one.
You were even glorying in your ignorance and poor intellect and with insult to booth
You're an apology of a human being
Fvck off

I beg to differ...
Buhari is the KING of WORSTS...

VeryWickedMan:
Tinubu is Nigeria's worst ever President.

PROPEACE:

Did you bother to read the original post? It was showing how good things were in 1978, now that poster said since IBB came up with SAP, things went south. What is wrong with that?

Go and check the historical figure. Naira was losing its value steadily since 1980.
It's true that SAP did a lot of damage but Tinubu's so-called reforms are very similar to SAP.
So why blame SAP of the 80s when same is being repeated in 2024? Does it make sense

Jeffy1206:
E be like you just dull like this fail government. What other value are you looking for? Naira was the second strongest currency in the world after pounds of course.

🤣🤣 Me sef been wan reply the guy but my fingers paralyse. I wonder what level of dumbness that is My guy wants to know the dollar value of the dollar. Hmm With such youths in the country, it is not surprising we have a bulaba as president.

westbuoi:


Population (an active working population)is always a plus to economic growth.. Check our population skewness..over 122m fall in the range 25-44years old.. Go check out china decade development plan and come back to thank me...China today is a top super power cos it maximised it's population far back..


Doing a PhD or MSc abroad is almost an impossible task with even N10m ..

The middle class are the most hit..

Nigeria!! Nigeria !!!
How did we get here...

yea working patriotic population. Nigerians are neither working nor patriotic. Who is ready to do dirty hardwork like Chinese were doing? I know you will say government didn't provide jobs for them but we're a Capitalist country, not communist. Government don't have the kind of job to give to people. The only solution is Nigerians starting small scale industries instead of building churches, mosques and hotels

Salewa97:


Forget all those $1700 is x in 2024.

Let’s do it this way. If I earn 60naira as a civil servant in 1970, can I afford to buy a $1700 car in 1970?

Yes or no?

You all talk like in 1970, everybody dey drive latest car and build latest house because say dollar to naira na 1:1.

No you cant afford it. but with 3 years savings you can. naira was worth more than dollar.

so now tell me can you afford the latest royce rolls that worth $22 million on today minimum wage. even for the next 500 years you cant save up for that....


iam trying to explain to you but you want to throw all the logic out of the window to conclude nonsense. reason Nigeria is in the mess it's today, because people like you dont want to reason, you just want to conclude nonsense..so many stuppid people in this country

codemaniacs:


The "west" uses people around you to influence you or to influence the trajectory of your progress.

I believe it's more than that cos you should know as a human being what is wrong. Ibb had to make that call cos he was the president. He can't wake one day and say the reason I made mistake was because of my adviser it will sound fool.ish. See I sincerely believe there's a deep secret behind what is going on in Nigeria we don't know and our leaders are not helping at all. We are too dependent on everything

Salewa97:


Forget all those $1700 is x in 2024.

Let’s do it this way. If I earn 60naira as a civil servant in 1970, can I afford to buy a $1700 car in 1970?

Yes or no?

You all talk like in 1970, everybody dey drive latest car and build latest house because say dollar to naira na 1:1.

Today, if naira was equal to dollar everybody will be able to afford basic amenities of life because the economic will be better. people are struggling to feed and you're here talking of latest car and house.

as a civil servant in 1970, you were given a car and a house.... go do your reasearch. that N60 is worth more than 300k today. people built houses like they were nothing..

I bet you have over 90% of foreign goods/products in your house! Even your data na MTN I am guessing, how do you want the Nigeria to grow? That 1978 u are gloating on, 90% of things consumed in Nigeria were produced here by us! Why we are all culpable by voting bad leaders, (which by the way are a reflection and products from our society) if we start by encouraging our local production and shun those expensive designers, rice, toothpick, furniture, okrika from oyibo into our economy, Naira will grow strong against any currency..

system21:
The Nigeria of 1978, $13,100 was ₦10,220. What is the rate today? Bad leadership and corruption destroyed our economy.
Once upon a time in Nigeria, Naira was above dollar. That was when we were GIANT of Africa. Not anymore.
Then, $13,100 was ₦10,220
Today, $13,100 is ₦19,650,000.

Congratulations to all the ers of failed government and corruption

I bet you most of us here have over 90% of foreign goods/products in there household! Even your data na MTN I am guessing, how do you want the Nigeria to grow? That 1978 u are gloating on, 90% of things consumed in Nigeria were produced here by us! Why we are all culpable by voting bad leaders, (which by the way are a reflection and products from our society) if we start by encouraging our local production and shun those expensive designers, rice, toothpick, furniture, okrika from oyibo into our economy, Naira will grow strong against any currency..

TimeManager:

Everyone knows the collapse of Naira started during the SAP regime of IBB and the person who introduced SAP to him was an igbo man who was his finance minister.

-kiss the truth!

Even buhari and Tinubu are igbo men too lol

system21:

Another er of failed regime on the lose again. A bag of 50kg rice was N8000 before calamity (APC) befall Nigeria today it's over N60000 TODAY. Can you give us prices of commodities before and after IBB regime let compare it with calamitious APC

The idioot still managed to drag igbo into his foolishness lol

Agboriotejoye:

You showed yourself an idiot and I called you one.
It's obvious your brain is malformed. Your first quote was an insult to the last one.
You were even glorying in your ignorance and poor intellect and with insult to booth
You're an apology of a human being
Fvck off

Rue over this in your privacy and sulk all you will. I said what I said. You're a monumental disgrace to your family and a complete waste of sperm. I will school you and your entire generation 24 hours a day, 7 times a week. It's a pleasure helping fools like you to underline your fatuousness. I'm certain you are under some form of extraterrestrial manipulations as in Aye n ṣe ẹ, otherwise you won't come here and publicly exhibit how insane, how imprudent you are. Werey Alaṣọ!

placeofallure:


Rue over this in your privacy and sulk all you will. I said what I said. You're a monumental disgrace to your family and a complete waste of sperm. I will school you and your entire generation 24 hours a day, 7 times a week. It's a pleasure helping fools like you to underline your fatuousness. I'm certain you are under some form of extraterrestrial manipulations as in Aye n ṣe mi, otherwise you won't come here and publicly exhibit how insane, how imprudent you are. Werey Alaṣọ ni mi!

You can't understand simple English yet you want to school me.
Whoever is paying you to be dis dumb needs to be flogged
You're the vacuous, empty one since your uncouth and ill bred manners has shone through.
You couldn't even hold a conversation without running around to exhibit the lunacy that runs through your veins

nairalanda1:


They all did...the oil boom of the 1970's made oil the main the main. At the end of the 1980's, everything rose and depended on the oil price.

By the start of 1993, we had a deficit.

Nigeria's problem is simple. We are not a exporter of manufactured goods and service. We rely on oil, so when oil crashes, our economy crashes. When oil shoots up, we have to pay the debt back once again.

Even before oil, we relied on cocoa, groundnut and palm oil, and tin, and gold, and a host of other stuff. Nice, but we sold the thing to industrial nations, who processed it for larger profits.


The question I always wonder of our leaders, (which is why I am not impressed with any one of our leaders since independence) is simple....what have we done with the resources we have? The truth is, we have not processed them into goods that we can sell at a price we set.

THat is why as far as I am concerned, Nigeria has never had good leaders.

(NO, I am not here to abuse you or anyone for the party they , or defend any leader. Every voting period we hope the new guy would be different. They ain't.).

Nigeria is a resource dependent nation, and it needs to break free of its resource dependency.

God bless you you are the only one that made a valid point here. Our leaders have failed us simple.
I don't know why I have the believe that Obi would have made a difference.

system21:

₦10,220 according to the news paper, abi eyes dey pain you

kokoA:
Nnamdi Azikiwe that forced us together na idoma man?

God bless you for this response to that ignoramus.

YorubaRonu01:

Bro use your brain and study your history well, let them just take us to Nigeria of last ten years, (2014), the joy will be endless!
You're here proving how 1978 was worst than today!!
I spit on your truth, Tufiakwa!!!

Proverb 24:24 say he that said to the wicked, you are righteous shall the people curse. The guy is something else. I spit on his truth too.

Agboriotejoye:

You can't understand simple English yet you want to school me.
Whoever is paying you to be dis dumb needs to be flogged
You're the vacuous, empty one since your uncouth and ill bred manners has shone through.
You couldn't even hold a conversation without running around to exhibit the lunacy that runs through your veins

As e dey sweet us...E dey pain dem. Wailing Society of Nigeria
Ẹ ma ke ku ni.

placeofallure:


As e dey sweet us...E dey pain dem. Wailing Society of Nigeria
ma ke ku ni.

Slither back into the slimy dung you came out from

You're full of trash. 30k retard

Agboriotejoye:

Slither back into the slimy dung you came out from

You're full of trash. 30k retard

Thank God I have a slimy dung to return to. Sebi You be homeless vagrant. We'll soon put out a GoFundMe campaign for you, Derelict! Ọmọ Irankiran!

placeofallure:



Thank God I have a slimy dung to return to. Sebi You be homeless vagrant. We'll soon put out a GoFundMe campaign for you, Derelict! Ọmọ Irankiran!

You seem stuck on getting something from me

Is it my cock you want in your mouth?

To get that, you have to prove to me when you last had a decent mouth wash

Agboriotejoye:

You seem stuck on getting something from me

Is it my cock you want in your mouth?

To get that, you have to prove to me when you last had a decent mouth wash

Do you have a monster d1ck? Na! You don't. I don't do phalluses that have a semblance to pencil. Mr. Tiny prick, I'll .