Nigeria’s Declining Economic Activities Worrisome – CBN - Politics (3) - Nairaland
Nairaland Forum / Nairaland / General / Politics / Nigeria’s Declining Economic Activities Worrisome – CBN (17467 Views)
NLC, TUC Threaten To Shut Down Economic Activities In Imo / Sit At Home: Obiano Monitors Economic Activities In Awka, Environs / Onne Port, River State New Hub Of Economic Activities (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by ifeco4(m): 4:54pm On May 01 |
Omooba77: And they are busy destroying multi million dollars investment that brings in foreign exchange and which will result to loss of jobs. Useless and irresponsible government. 2 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Iamanoited: 4:54pm On May 01 |
YES AND THE CBN IS A CONTRIBUTORY FACTOR. 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by VeeVeeMyLuv(m): 4:54pm On May 01 |
Mandate1:He has said it all This regime are far worse than devil They're more wicked than Satan. 4 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Blazetrailer: 4:54pm On May 01 |
...very funny country...people saddled with the responsibility of helping and fixing the issues in the economy, well and duly compensated...coming out publicly to lament instead of getting his ass to work 3 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by FireUpNow(m): 4:55pm On May 01 |
I dey laugh laughter join. What did I just read about CBN? Where they sleeping when the naira floatation policy was made?😆🤣🤣 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by johnog4sure: 4:56pm On May 01 |
jmoore:In an ideal society this is what should be done, but in a country like Nigeria, do this and it backfires. Righteousness exalts a nation sin is a reproach to a people. 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by HisXLNC1: 5:00pm On May 01 |
jmoore:They won't understand your statement at first |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Lovit(m): 5:01pm On May 01 |
Forget about Naira floating and subsidy removal one other great factor pushing up food prices and stifling economic activities is insecurity Today, almost in all states in Nigeria, farmers are afraid to go to their farms because of arms bearing Fulani herdsmen The FG always keeps mute when these terrorists kill and kidnap farmers, even some people in the FG are part of the covert plan to spread armed Fulanis nationwide on fulanization drive. What has Tinubu done differently? before the end of this year, you all will be buying a paint of garri for N10,000. 5 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Mandate1: 5:04pm On May 01 |
Tetrahedron:what is the purchasing power of an average Nigerian under Buhari compared to Tinubu? A litre of fuel is 160 under Buhari, it's 650 under Tinubu. So calm down. 2 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by NwekereNdokl: 5:05pm On May 01 |
This CBN governor is sabotaging the Tinubu government haha 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by ForValour: 5:07pm On May 01 |
Fryx:Your brain might really be useless to you. Whatever responsibilities CBN has got, stabilizing the economy via effective policy making and cogent economic advisory is one of them. Maybe you think CBN is only mandated to print money. If you dont know how the economy of a state works, shut up. The CBN is one of the major decison makers in economy of the country. It can not claim ignorance if the economy fails. |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by ShenTeh(m): 5:11pm On May 01 |
This is the joke of the century! 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Mandate1: 5:13pm On May 01 |
Blazetrailer:from his write-up, you'll know he's against the govt-cum CBN policy. He's not saddled with the responsibility of calling the shots, so do not expect him to make policies or decisions to change things. He's more of a yes sir person. 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Cjrane2: 5:15pm On May 01 |
“Worrisome ’, yet you are printing so much money and calling it “ways and means “ Yeye hypocrisy! 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Fryx: 5:16pm On May 01 |
ForValour: And they are the one that ask Tinubu to make policy that causes businesses to exit the country. 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by KaptainAfrika: 5:17pm On May 01 |
CBN buy a mirror and look at it, you will find your answer. 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Mandate1: 5:20pm On May 01 |
Lovit:there's terrorism under Buhari, price of things dint go this haywire. The subsidy removal, floating the naira killed the economy. It's common economics that only a producing and exporting economy should float. Secondly you can't produce without having stable electricity and reduced cost of production. The govt removed subsidy and the cost of producing almost everything went up. Imagine you're a producer and you rely heavily on the use of petrol to produce, if you spend 5000 to produce daily, today your cost of same production using same quantity of fuel will be about 20000. Your cost of production has gone up, but the quantity you supply to the market has reduced cos the purchasing power of the people has also reduced. This is the main issue facing Nigeria. 2 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by BlackRains: 5:23pm On May 01 |
 HugoBoss10: 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by gigfx: 5:25pm On May 01 |
In a country where people are living on minimum wage not living wage, it will be difficult for businesses to succeed without subsidize power and it availability. 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by HNICEARTH: 5:30pm On May 01 |
Cardi B and Tinublu's doing! When I said yahaya Bello achieved more as a governor than Tinub.lu, I knew what I was talking about. Man has been an epic failure since he became prezident 2 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by higgs: 5:33pm On May 01 |
Increasing MPR to the level it is now is not a good idea because it makes it harder for businesses to borrow which leads to reduced economic activities and worse unemployment. Why should banks risk lending to the private sector when they can simply buy TBs and earn good rates? CBN should reduce the MPR and work with the fiscal authorities on more sustainable ways of stabilising the naira:increasing oil production and eliminating oil theft,serious support for local manufacturers, tackling insecurity which is affecting food production etc 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by ChybuzzDD(m): 5:43pm On May 01 |
Omooba77: This guy wants to wash his hands off the impending colossal economic catastrophe of the yoruba-led government. 2 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by ForValour: 5:47pm On May 01 |
Fryx:Is it Tinubu that asked them to embark on the worst policy ever where people use money to buy their own money which did not only lead to shrinkage of businesses but to the death of people as a result the hardship their foolish policy caused? And is coming out to cry to the media by the CBN the solution to the current economic challenges? Use your brain if it is still functioning. |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by bigiyaro(m): 5:51pm On May 01 |
| see mumu APC o, Tinubu has been attacking the energy sector since d day he was sworn in, it is not called energy sector for calling sake, fuel is energy, electricity is energy, a strong naira is energy. This mumu man made sure he did nothing else than making sure fuel is out of reach, electricity is out reach and inflation is on a continuous increase, yet dem mofos are expressing surprise that Nigerians and economic activities are dying. What can you do without energy? 2 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by IJEYdiamond(f): 5:52pm On May 01 |
. |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by IJEYdiamond(f): 5:52pm On May 01 |
Quiet that gutter mouth... if u dont have anything to talk just shut up |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by fineboynl(m): 5:54pm On May 01 |
The first day tinubu comes to power the economy destroyed through fuel subsidy. He then came with palliative to cushion the affect of the fuel subsidy it was then I know this man doesn't understand economics. And to think of it alot of educated people were praising him for a bold step. I was one of those who start preparing from the shocks that await Nigeria because I saw everything before now. They called us obident. To have wisdom to govern is not by education but by deep thinkers and wisdom. No doubt buhari was a failure. But he was by far better than tinubu. The problem with buhari was the people around him who hijacked the government and corruption. He didn't started well after causing Niger Delta avengers and economy slide into recession and he then moved to cattle colony. So many mistakes but one thing he had wisdom on was not to increase things anyway. 2 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Dougad: 5:56pm On May 01 |
Propaganda cannot build an economy. 2 Likes |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by Kevineleven(m): 5:58pm On May 01 |
We better start relocating 1 Like |
| Re: Nigeria’s Declining Economic Activities Worrisome – CBN by MMWandali: 5:59pm On May 01 |
Blame APC's policies 1 Like |
At What General Age Do You Become An Adult In Nigeria’s Context! / Repulsive Odour Forces Reps To Adjourn Till Nov 17 / I’ve Been Shut Out Of APC, But Won’t Leave — Senator Magnus Abe
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 36 |