{"id":52778,"date":"2016-09-01T17:19:26","date_gmt":"2016-09-01T16:19:26","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=52778"},"modified":"2016-09-01T17:19:26","modified_gmt":"2016-09-01T16:19:26","slug":"buhari-economy-recession-1984","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buhari-economy-recession-1984\/","title":{"rendered":"Buhari, Economy, Recession: This is 1984"},"content":{"rendered":"
In months to come, a Toyota Camry would be offered for N50,000 just to feed family.
\nIn 1984, just months after the military takeover by General Buhari, the
\ncountry ground to a halt; just like today! He came with the same
\nsong-and-dance: THEY ARE CORRUPT!!
\nIn a matter of months, mothers were selling their jewellery to send their
\nchildren to school. Thieves were stealing food at gun point, just like
\ntoday. Within months, there simply was NO FOOD. The government gathered
\nthe little there was and restricted purchases. Whether you were 100 or
\nONE in your family, every household had a card with which they went to
\nmilitary manned cooperatives to purchase rationed, \u201cessential
\ncommodities\u201d. These included Rice, Beans, Yam, Bread, Milk, Sugar, and so
\non. Everything was rationed. It was war-time in peace-time!! Nigeria
\nbecame like Somalia. We lived like refugees. And of course, a lot of
\nchildren were simply pulled out of schools because feeding was priority
\nnumber ONE! Going to school became a luxury, even for middle class
\nfamilies. And ANDREWS & JANES started checking out. People suddenly
\nremembered they had British and American passports, and simply left the
\ncountry!
\nThose who are not aware of all these, ask anyone who was born on or
\nbefore 1974. They should be old enough to remember. It was that
\nharrowing.
\nThe most baffling aspect of all this was that, the people he said were
\ncorrupt and stealing, were presiding over an economy where the Naira was
\n1:1 with the US Dollar, and N2 to \u00a31 Sterling! An economy where we were
\nbuying Volkswagen Beetle at N400 from Volkswagen of Nigeria. An economy
\nwhere my entire family, all 7 of us, travelled for summer hols on tickets
\npurchased for N280 and BTA of N400 (official \u2013 we managed to sneak more
\nout for shopping naaa). An economy where everything was robust and
\nvibrant and growing.
\nThen a man comes in and says he took over because people were corrupt and
\nhe needed to sanitise things. In a matter of months, the Dollar was N15
\nand the Sterling was N40. A VW Beetle sold for N8,000 (up from N400) and
\nthat N8,000 simply was not available anywhere! Children dropped out of
\nschool, businesses closed, parents became destitute, food was NOT
\navailable and we queued for rations at cooperatives like refugees in a
\nwarring country!!!
\nFast forward to 2015!! The same man comes with the same song-and-dance.
\nWe tried to remind our peers and elders of those days, and we tried to
\neducate the younger ones. However, the wind of change, that wind that
\nalways tells us that the grass is greener on the other side, deafened
\nthem all!
\nAnd once again, within months, everything that happened in 1984 and 1985
\n\u2013 EVERYTHING \u2013 is all being repeated. I have just come from a home where
\nmy friends have owed 2 terms\u2019 school fees. They have just made the
\ndifficult decision to leave Abuja, relocate back to their village and
\ntake the two younger children out of school, at least temporarily. The
\nolder boy will stay with friends and they will use the savings on rent
\nand the likes to try and get him across the line (WAEC).
\nFeeding is now a major task. Infact, people are complaining of their
\nkitchens and farms being raided for food \u2013 DAILY!!
\nYet again, this is happening just months after Buhari takes over with
\nscreams of corruption and stealing. Corruption and stealing, yet that my
\nfamily friend who was not corrupt, not stealing and not anywhere close to
\nthe corridors of power was paying his rent, feeding his family and
\nsending all three children to school. Corruption and stealing yet
\nbusinesses were opening daily, economy was vibrant, people were healthy,
\nGDP was growing and so on!
\nIn 1985, we were rescued by IBB and Dogonyaro. Immediately, people
\nexperienced a reversal. Within a very short time, the cooperatives
\nclosed, food became abundant again, the Naira stabilised, mothers stopped
\nselling their jewellery, and so on. It makes one wonder!
\nIf there were no reference points, Buharists may claim that \u201cif only he
\nhad been president\u201d, but the mid-80s proved that the worst period in
\nNigeria\u2019s history were the 20-odd months he was in power, sandwiched
\nbetween two periods of plenty and growth.
\nTherefore, they cannot bring the argument that today\u2019s sufferings and
\nimpoverishment were the fault of the past regime \u2013 because we will
\ncounter with \u201cTAKE HIM OUT NOW LIKE IBB DID IN 1985 AND SEE IF BY THIS
\nCHRISTMAS, YOU WILL NOT BE SMILING AGAIN.
\nSomeone told me today that he predicts that by this Xmas or next Easter
\nat the latest, a person will come and offer a Toyota Camry in exchange
\nfor N50,000, just so that his family can eat and make merry over the
\nholidays!!
\nNigerians simply don’t refer to history! And I have run out of every
\nsingle drop of sympathy in my body.
\nSO, LIKE I SAID BEFORE, KEEP STEWING IN YOUR BROTH. MAYBE NEXT TIME YOU
\nWILL SHELVE PARTISANSHIP, TRIBALISM, ETHNICISM, RELIGIOUS BIGOTRY,
\nHATRED, INTEREST AND ALL THAT<\/p>\n
<\/div>\n<\/div>\n
<\/div>\n
Copied from UNN 96 Business Class
\nAuthor: Unknown<\/div>\n","protected":false},"excerpt":{"rendered":"

In months to come, a Toyota Camry would be offered for N50,000 just to feed family. 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