BUHARI’S MAGICAL GROSS DOMESTIC PRODUCT (GDP)!

ZION B-BC   NEWSLETTER.   

(Looking at Nigeria and the World's Political System From a Godly Perspective).

A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria {Vol. 10.NO 420. 29th AUGUST, 2021.} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

BUHARI’S MAGICAL GROSS DOMESTIC PRODUCT (GDP)!

The President MUST bequeath a worthy and lasting LEGACY to Nigerians at all costs in spite of the very glaring, chaotic security challenges, coupled with a virtually failed economy and a humongous impunity-driven institutional corruption – the type that has never been witnessed in any country of the world to date!

In contemporary classification, legacy should be associated with social service at any level of life in which diligent, outstanding, deliberately-planned and comprehensive achievements, designed to positively touch millions of lives from one generation to another is engendered!

About two-and-a-half years ago, precisely at the end of March, 2019, President Buhari declared that he needed the support of a totally-discredited National Assembly (NASS), in order “to leave behind a good legacy after his eight years in office” instead of seeking the FACE OF GOD to discard the MIXED MULTITUDE of 2015 marriage of strange bed-fellows which have destroyed what was left of his acclaimed “integrity”!

IS IT NOT OBVIOUS THAT THE “ARM OF FLESH” HAS FAILED MR. PRESIDENT?

Can the President build a sound legacy on FALSEHOOD? When he took over in 2015, the Boko Haram, insurgency which was about SIX years old had strong tentacles in Bornu State, North East Nigeria, where it controlled 17 Local Government Areas (LGAs), with the Islamic Caliphate Flags flying at FULL MAST!

Nigerians believed that the old General wiped out the scoundrels within Five months of his investiture according to official sources from the Military but it turned out to be CLASSICAL FALSEHOOD because the INDIGENES faulted the claim!  

PRESIDENTIAL SPOKESMAN, GARBA SHEHU, BLAMED SLAIN FARMERS FOR FAILING TO REQUEST MILITARY PERMISSION!

Seventy-six Bornu State Village farmers were gruesomely slaughtered on their FARMS on Saturday 28th November 2020, by Boko Haram terrorists, close to Zarbamari for” daring to arrest and handing over one of its brothers to the Nigerian soldiers!”  BUT while the nation grieved and mourned, Mr. Garba Shehu in an interview with BBC, blamed the unfortunate and dead victims for failing to OBTAIN MILITARY CLEARANCE  from Federal soldiers who would have given them security cover!

THE MIRACLE 2021 GROSS DOMESTIC PRODUCT (GDP)!

 In spite of the general uproar over inept performances of the APC Government: The National Bureau of Statistics (NBS), has claimed a GDP growth of 5.01% in Quarter 2 of 2021 and just like when Mr. President appended his signature on a 20-year processed Petroleum Industry Bill and received a “STANDING OVATION”, he and his handlers ALONE are already rejoicing over the Thursday 26th August, 2021, NBS report which states that Nigeria’s “economy” grew by 5.01%, year-on-year in the second Quarter!

According to that report the 5.01% marked “three consecutive quarters of growth” following the negative growth rates recorded in the second and third quarters of 2020; because the Q2 2021 growth rate was higher than the -6.10% growth rate recorded in Q2 2020, and the 0.51% recorded in Q1 2021, year-on-year.

NBS has attributed the “miracle growth” to the return of normalcy to business and economic environment prior to Covid-19 related restrictions coupled with gradual commercial activity which encouraged local and international travels noticed since the end of 2020. How did the “magic” occur? According to another NBS report in 2020, the Nigerian economy recorded a SECOND RECESSION after the 2016 occurrence in Q3 which ended in September 2020!

According to the agency, the 2020 recession was the worst since 1987 as the GDP in real terms declined by 3.62% (year on year) in the third quarter of 2020 in the oil and non-oil sectors and claimed that the recession was driven by the ‘’long closure’’ of the Nigerian borders which restricted economic movement across borders

Q. Which report should we believe, considering current super high inflation of goods and services and the nation’s heavy debt burden?

GENERALS ABACHA AND BABANGIDA LEGACIES!

 Late General Sanni Abacha’s, (Nigeria’s Head of State, 1993-1998), style of treasury-looting broke all criminal records in the annals of the history of human ingenuity in financial crimes till date!

The day before President Aremu Obasanjo’s investiture (28th May, 1999), ex-General Abacha’s successor, Abdusalami Abubakar (also an ex-General), published in the Official Gazette a list of items worth over USD$ 1 BILLION DOLLARS seized from the family and top aides of the late military maximum ruler which included:

About USD$800 dollars in CASH!

Estates in Nigeria and Holdings in Sierra Leonian Refineries. BUT that list was limited for lack of details in that SEVERAL MILLIONS of US Dollars have been further recovered from several countries of the world, by successive democratic administrations since 1999 to date!

The incumbent APC Administration in February 2020, also discovered another ABACHA LOOT of  USD $321 million dollars starched away in the Island of Jersey and others in the United States which We strongly believe MUST have been recovered by now SINCE ALL RECOVERED ABACHA LOOTS ARE YET TO BE ACCOUNTED FOR BY THE BUHARI ADMINISTRATION!

WHAT HAPPENED DURING EX- GENERAL BABANGIDA’S REGIME? EXCERPTS FROM PAGE TWO OF OUR 338TH EDITION OF 2ND FEBRUARY, 2020.

“The military economic policy of almost 30 years was a total disaster! It was characterised by institutional corruption of the highest degree – especially during Babangida’s era when “the doctrine of cash settlement” was very prominent to keep him on seat in transition to democratic presidency! He annulled the results of elections of June 12 1993, Presidential elections, because it did not favour their candidate!

Having successfully deposed, General Muhammadu Buhari and Brigadier ‘Tunde Idiagbon, whom Nigerians believed would restore national confidence for an improved economy, Babangida exhibited gross incompetence through mismanagement of resources which led to institutional decay, increased poverty, with its ripple effect in crimes and insecurity 

“There was a reckless neglect of the non-oil agricultural sector/ natural mineral extraction for dependence on crude oil exports and importation of refined petroleum products and exotic food items through the private sector participation to the detriment of made-in-Nigeria products while huge chunk of foreign-exchange earnings was spent on debt servicing!

“Under the watch of General Babangida (1985-1993), about USD$ 12 billion earned from an oil windfall during the Gulf War was reportedly mismanaged!”

*****BUT in a recent interview during his 80th birthday anniversary, the “MARADONA” said that the corruption credited to his administration was A CHILD’S PLAY, compared to THE BUHARI’S SIX YEARS IN OFFICE!  

BUHARI’S LEGACY SHOULD BE “PEACE THROUGH REFERENDUM”! 

BUHARI COULD BEQUEATH THE BEST LEGACY IF HE WOULD CHAMPION AND FAST-TRACK THE DRAFTING AND APPROVAL OF A BRAND NEW CONSTITUTION, SHUT THE SENATE AND OPT FOR A PARLIAMENTARY SYSTEM OF 74 MEMBERS ETC, THROUGH REFERENDUM WITHOUT FURTHER DELAY! NOW! NOW! NOW!

PRESIDENT BUHARI MUST PRIORITIZE THE FOLLOWING CITIZENS’ DEMANDS! 

All official PADDINGS during financial, monetary, and fiscal allocations/appropriations – among the three tiers – Executive, Legislative and the Judiciary, especially during Budget preparation, defence, approval and execution, MUST be totally blocked through meticulous, painstaking and monitoring by righteous and trusted citizens w.e.f 2022 Fiscal Year!

Senate must be scrapped on or before 29th May, 2023! Buhari must achieve this feat through REFERENDUM without recourse to the current NASS!

House of Representative members must be reduced from 360 to 74 members by 29th May, 2023 and placed on civil service salary structure! 

Legislative processes must commence HENCEFORTH to establish: 

STATE POLICE ADMINISTRATIONS in all 36 States of the Federation according to one of the 13 recommendations of the 23-Member El Rufai Restructuring Committee of January 2018, which is now TWO YEARS, EIGHT MONTHS OLD!

Derivation Principles. 

Fiscal federalism and revenue allocation. 

Devolution/De-centralisation of powers from Federal to States. 

Resource control (exploitation and revenue sharing of resources from oil/minerals) through the proposed BRAND NEW CONSTITUTION.

Local Government Authority (LGA) autonomy. 

Application of REFERENDUM to decide all the CONTENTIOUS National or State issues.

The non-inclusion of INDEPENDENT CANDIDACY which MUST preclude citizens from being compulsorily forced to join political parties – must be inserted in the new constitution to accommodate all interested citizens to vie for political offices at ELECTIONS. All of the above recommendations MUST be implemented by President Buhari without further delay if he TRULY WANTS TO LEAVE BEHIND A GOOD LEGACY WHEN HE DEPARTS OFFICE ON 29TH MAY 2023, WHICH IS:  ONE-YEAR-AND-FOUR- MONTHS FROM SEPTEMBER, 2021!

“ When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn. ‘’(Prov 29:2)

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com, 

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray this prayer: Lord Jesus; I confess that 

I am a sinner who needs to be saved through the grace of the New Testament of your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations.  

I am, yours sincerely, Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08080243066. g-mail-dvdolufon@gmail.