Sensational Western Media Headlines on Nigeria?

ECONOMY IS BAD; EVERYTHING IS BAD; PMB IS TOO SLOW.
That is a LIE. From Financial Times to The Economist; From CNBC toBloomberg Business the News they want you to hear is that the Nigerian Economy is Bad, Manufacturing is Low, CBN is wrongly Managing the Nigerian Naira, JP Morgan and Barclay's Index are De-listing Nigeria. Blah-blah-blah-blah-blah. However, They will not tell you that Global Economic growth has been Cut by up to 3.5% by the Criminal World Bank and IMF particularly for Emerging Markets and Commodities Countries; They will not tell you that they are forecasting a Global Recession in 2016 (Capitalism is always in perpetual Crisis); They will not tell you that 100% of Developing countries problems are their fault with the support of Internal Collaborators (In Both the Public and the Private Sectors).

What is their anger in today's Nigeria; That PMB has refused to Devalue further. Devaluation pays only these Bad Samaritans in an economy that is 90% dependent on Imports; it erodes the purchasing power of ordinary Nigerians. It is better to stop devaluation of your currency and introduce Support Measures as well as Manufacturing Subsidies for the Local Producers and Manufacturers. The Bad Samaritans Hate it; but it is the best option for Nigeria. Secondly; The Nigerian Capital Market is creating profits without prosperity; All the Speculators that are shouting Bad Economy have most of their money in the Capital Market; Where Trade decisions are Short Term and High Yield; Capital Control is necessary to ensure that those Speculators are put in check; almost all the Financial Crisis of the past two decades have been caused by the Private Sector and particularly the Financial Markets; The decision by PMB to ditch these International Financial Institutions advice on Currency Management and Capital Control is Good for the Nigerian Economy, but Bad for Speculators.
 
Thirdly, Capitalism and Corruption are Siamese Twins; That PMB is Eliminating Loopholes, Restructuring NNPC is Bad Music to their Ears. Once the Augean Stable is Cleaned and Cleared, Nigerian Loots will dry up; Bad Business for Internal Economic Saboteurs and that will affect Their
External Economic Saboteurs.

THIS IS JUST THE BEGINNING; MORE IS COMING; PLEASE READ...DON'T PRAY...READ


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