Pages:
Author

Topic: Do you not think those land borders should be opened again - page 2. (Read 186 times)

legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
This is not political discussion but about what you think can help our economy. This is also not about political parties.

During Obasanjo, Yaradua and Jonathan, land borders were opened. There was slight inflation but better than Buhari time in a way people do not that complained about it. If I can remember very well, during Jonathan time, people complained about terrorism (Boko Haram) and corruption most, but the economy was good. Nigeria emerged as the largest economy during his time and GDP grew significantly at the time..

Buhari became the president and closed the land borders. Inflation started. The borders are still close and inflation continued. This time is not really different than unstable economy. Increase in supply is important at times which can lower the price of goods.

The United States which has the largest economy in the world even import than export.

Exporting is good as it will increase GDP, but Buhari and Tinubu government look for ways Nigeria are going to produce more things locally but our GDP is decreasing. Sometimes, it is easy to explain in theory, but in real life it can be different.
Pages:
Jump to: