TWO HUNDRED (200) REASONS WHY NIGERIANS MUST VOTE OUT JONATHAN IN 2015 3) ECONOMY Many Nigerians are not aware that Nigerian economy has since slipped into economic meltdown or recession. The recent devaluation of the countrys currency by CBN only manages to tell half the sad story. But amidst of these woes, they continue to lie to us. They told us that the domestic economy is very strong and resilient in the face of strong global head winds. Many Nigerians know that these were lies. And they have asked>>> How can our economy be strong and resilient against global head winds amidst 1) Reckless and Uncontrolled spending and lack of discipline in budget implementation? 2) Rapid depletion of our external reserves from $68 Billion under Yaradua in 2008 to less than $37B in October 2014? 3) Miss applications of excess crude account which stood at $22B in 2008 but less than $470M with nothing much to show for it in terms of investments with recoverable revenues? 4) Unacceptable high cost of government in which a disproportionat e % of the budget is allocated to recurrent expenditure? 5) Excessive borrowings...? Certainly the Nigerian people deserve to know the truth. Our economy is facing huge economic crisis. The continued volatility of the Naira can not stop and will only continue to spell doom to our country. But it is always only the poor that will suffer the most. Enough is therefore enough! In February 2015, Nigerians will rise above ethnic and religious lines and massively vote against poverty, which has become the hallmark of Jonathan administration! 4) INSECURITY loading...
Posted on: Tue, 23 Dec 2014 23:14:26 +0000
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