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Nairaland Forum / Nairaland / General / Politics / Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido (25803 Views)
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Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by billante(m): 3:50pm On Sep 15, 2012 |
*I am improving the efficiency of the banking system and currency operations. **Is it popular? I don’t know and frankly don’t care. **I have a job to do and will do it. **If I am the target of criticism by Nigerians, they are wasting their time This is the latest response from the Central bank of Nigeria (CBN) governor, Malam Sanusi Lamido Sanusi on his intended introduction of N5,000 notes and why he will not back down on the policy, irrespective of its unpopularity and rejection by Nigerians. “My job is to do my best in whatever circumstanceI find myself. I did not choose this time to be CBN governor. If we have fiscal leakages and reserves are crashing and naira weakening I have to tighten naira supply. Interest rates go up everyone attacks SLS. But you can have low rates with high inflation, a weak naira and no reserve buffers. You can’t eat your cake and have it. I am improving the efficiency of the banking system and currency operations. Is it popular? I don’t know and frankly don’t care. I have a job to do and will do it. The problem is that the CBN is the only institution doing anything. Roads are not being built. We have no new airports. No progess on new power plants. No rail lines. So every time we do something all hell breaks loose. Governance is not about seeking popularity. The only thing that will stop this is a solid argument proving that the costs outweigh the benefits. But when people start fabricating falsehood such as those claiming a bill of N40b for new notes they obviously are not interested in the nation or policybut have other targets. If I am the target I wish them luck. But they are wasting their time”. – Sanusi Lamido Sanusi. http://dailypost.com.ng/2012/09/15/introduction-n5000-note-nigerians-wasting-time-sanusi-lamido/
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Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by billante(m): 3:56pm On Sep 15, 2012 |
Na wetin CBN autonomy dey cause!! He is acting like a president! Even GEJ can't query or stop him easily. 4 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by GARRIx7(m): 3:59pm On Sep 15, 2012 |
The Man in the picture looks so hungry... Our CBN governor should help him out... 6 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by GARRIx7(m): 4:00pm On Sep 15, 2012 |
billante: Na wetin CBN autonomy dey cause!! He is acting like a president! Even GEJ can't query or stop him easily.Who is AUTONOMY 1 Like |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by k2039: 4:11pm On Sep 15, 2012 |
billante: *I am improving the efficiency of the banking system and currency operations. [size=18pt]GBAM[/size] SLS,YOU HAVE MY SUPPORT. “When I tell the truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do.” William Blake [size=13pt] “The masses have never thirsted after truth. Whoever can supply them with illusions is easily their master; whoever attempts to destroy their illusions is always their victim.” Gustave Le Bon, [/size] 5 Likes
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Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by ghettodreamz(m): 4:21pm On Sep 15, 2012 |
Him de craze oooo, which kind foolish autonomy. Governor of CBN or whatever, it's Nigeria we are talking about here, without the Nigeria people what is CBN and who is Lamido himself? Apari 6 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by PhysicsQED(m): 4:46pm On Sep 15, 2012 |
[img]https://www.nairaland.com/attachments/821750_Sanusi-Lamido-Sanusi_jpgd7f4b1946fe00e56d3dcc41ebe7744dd[/img] Why is this man's forehead so wrinkly? He's only 51. Every time I come across a picture of his overly wrinkled forehead I cringe a little. |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by esere826: 5:29pm On Sep 15, 2012 |
PhysicsQED: [img]https://www.nairaland.com/attachments/821750_Sanusi-Lamido-Sanusi_jpgd7f4b1946fe00e56d3dcc41ebe7744dd[/img] you know what I'm thinking. Experience 1 Like |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by PhysicsQED(m): 5:35pm On Sep 15, 2012 |
^^^ I don't get it. What do you mean? |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by PhysicsQED(m): 5:39pm On Sep 15, 2012 |
I doubt anyone can find a picture of a 50 year old black man from anywhere in the world whose forehead is that wrinkled. You'd probably have to find someone in their 70s or 80s at least. 1 Like |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by esere826: 5:39pm On Sep 15, 2012 |
Your age range |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by PhysicsQED(m): 5:43pm On Sep 15, 2012 |
esere826: Your age range Are you serious? I'm probably younger than you. "Only 51" in that context doesn't mean 51 is actually young. It means 51 is too young for him to have such a wrinkly forehead. Sanusi is more than twice my age but the lines on his forehead are more like what you'd see on a man four times my age. 2 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by esere826: 5:43pm On Sep 15, 2012 |
PhysicsQED: I doubt anyone can find a picture of a 50 year old black man from anywhere in the world whose forehead is that wrinkled. You'd probably have to find someone in their 70s or 80s at least. In Nigeria, many of have 2 ages. The first is official, the other is the real one. So just place him between 55 to 65, and you might be correct 3 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by PhysicsQED(m): 5:53pm On Sep 15, 2012 |
esere826: Well I took his age as what I saw it listed as in most places, but it's true that he might actually be older than what is officially listed. |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by slimming: 6:07pm On Sep 15, 2012 |
Sanusi has become a god to himself. 3 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by esere826: 8:48pm On Sep 15, 2012 |
PhysicsQED: The underlying message is: Dude ur extremely brilliant |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by Sealeddeal(m): 9:40pm On Sep 15, 2012 |
This is the kind of person Nigeria need who doesnt care what fools will say.Sanusi is the man. 2 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by FrankC3: 10:39pm On Sep 15, 2012 |
I have my issues with Sanusi but if someone is nominated for a job and screened by our Senate and found worthy of such office, we should be gracious enough to let them DO THE JOB. The law has empowered this guy, by virtue of his office to take decisions that will advance the country economically and what he is doing is within the limit of his powers, so lets not do his job for him...let him do the job we put him there to do!!! This place is not a jungle. 4 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by Horus(m): 1:49am On Sep 16, 2012 |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by ektbear: 3:05am On Sep 16, 2012 |
Suppose instead of introducing an N5000 note, he redenominates the currency, removing two zeros. So you exchange N100 for a "new naira." Would anyone be opposed to the latter? So how can the latter be OK but introducing an N5k note be insane? Are they not effectively the same thing? 4 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by cjrane: 4:05am On Sep 16, 2012 |
Sanusi is so wicked and arrogant 4 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by Nobody: 9:30am On Sep 16, 2012 |
GARRI (x7):you get sence at all? CBN look hungry? E be like say dem don mix amala with salad for u. Ode |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by DisGuy: 9:30am On Sep 16, 2012 |
ekt_bear: Suppose instead of introducing an N5000 note, he redenominates the currency, removing two zeros. we are well known for being hypocrite or knowingly ignorant!!! 1 Like |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by werepeLeri: 9:30am On Sep 16, 2012 |
ekt_bear: Suppose instead of introducing an N5000 note, he redenominates the currency, removing two zeros. Are these not the same people who shouted no when Soludo wanted to re denominate the currency? Now they want re denomination. 3 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by mbhs139(m): 9:30am On Sep 16, 2012 |
PhysicsQED: Them this idiots don change the topic |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by DisGuy: 9:31am On Sep 16, 2012 |
I reckon if it was Soludo proposing this idea, it would be the best thing since slice bread!! |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by werepeLeri: 9:31am On Sep 16, 2012 |
PhysicsQED: I doubt anyone can find a picture of a 50 year old black man from anywhere in the world whose forehead is that wrinkled. You'd probably have to find someone in their 70s or 80s at least. Whats this? |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by segunfunmi(f): 9:33am On Sep 16, 2012 |
JUST LEAVE HIM ,TIME WILL TELL 1 Like |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by 377: 9:33am On Sep 16, 2012 |
He is an educated nd foolish economist all these cattle rearers that doesnt no anything. 1 Like |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by werepeLeri: 9:33am On Sep 16, 2012 |
segunfunmi: JUST LEAVE HIM tell wetin? |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by omotofine2: 9:34am On Sep 16, 2012 |
How and y shld sanusi impose on us is he ok at all?watz the meaning of we r wasting our time this is why i keep saying we are having a false democracy if we can't say wat we want and get it done that way then this is rubbish democracy 4 Likes |
Re: Introduction Of N5,000 Note: Nigerians Are Wasting Their Time – Sanusi Lamido by mbhs139(m): 9:34am On Sep 16, 2012 |
Frank-C: Yeah! You have a point there. And I was about saying the same thing. Let me just add that later in life, posterity will judge him. Quiet frankly, I don't have issues with the N5000 thing but the redinomination of some currencies to coins. That's where I see some infractions. We all have the experience with N1 and K50. That's my fear. 1 Like |
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