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Nairaland Forum / Nairaland / General / Business / Election Spending Fuels Cash Shortage In Banks (13208 Views)
Fear Over MPC Outcome Fuels Naira Appreciation / Cash Shortage Hits Banks As TSA Deadline Expires / Cash Shortage Hits Banks, Overnight Lending Rate Jumps (2) (3) (4)
Re: Election Spending Fuels Cash Shortage In Banks by idee91: 7:51am On Mar 27, 2015 |
W |
Re: Election Spending Fuels Cash Shortage In Banks by martyns303(m): 7:51am On Mar 27, 2015 |
Cashless policy is the solution, it will also stop politicians from buying the public. |
Re: Election Spending Fuels Cash Shortage In Banks by tiamiyukunle69(m): 7:52am On Mar 27, 2015 |
Thanks to the national cake sharing |
Re: Election Spending Fuels Cash Shortage In Banks by Runaway: 7:54am On Mar 27, 2015 |
What were u expecting, when they are all sharing the money. Vote wisely....... |
Re: Election Spending Fuels Cash Shortage In Banks by Nobody: 7:56am On Mar 27, 2015 |
GEJ and his co-hot have finished sharing are money |
Re: Election Spending Fuels Cash Shortage In Banks by nikkiehan(f): 7:59am On Mar 27, 2015 |
God save us o. we dnt want austerity o 1 Like |
Re: Election Spending Fuels Cash Shortage In Banks by seguntijan(m): 8:05am On Mar 27, 2015 |
Which pipeline was vandalized recently that we don't know about? people are saying they don't have money again to importproducts and you are talking nonsense!, how can you expect me to spend 450m on a product that 320m used to buy because you devalued the naira?I continue telling Nigerians, by the time Jonathan is done with their ars@, they will regret Jonathan 2019.It is clear that the nation needs to start afresh but we must punish the culprits at the polls, the government's austerity measuresis suffocating and the masses think its cool!!How can you have kids studying abroad and you want to vote Jonathan, are you insane? what devalued the naira? shortage of FOREXwhere does our FOREX come from? Sale of Oil, under Jonathan 400,000bbls of this oil is stolen daily worth $46,000,000 when oil was $115.Jonathan had the temerity to award a security pipeline contract of $1.3b to Tompolo who is part of the theft, can you imagine the wickedness of this man? Tompolo got his $1.3b in 2011, yet millitary got theirs in 2014 after boko has killed over 13,000 Nigerians? Is jonathan not wicked? are you guys ok! how can you vote poverty on your counscience? Let the Abuja big boys vote him, let us see how many votes he will get, yet the poor people who will soon become armed robbers and prost!tutes are shouting Sai Jonathan!! shame on your souls!!Other oil producing countries saved at the time reason they are not complaining much, Russia saved $480b, their only achilles heel is their EU sanction.Norway saved $780b, they are not complaining, Saudi Arabia saved $920b, depleted to $760b they are not complaining, in cohort with Qatar, Nigeria decided to deplete the ECA and Foreign reserve, that is the genesis of this mess and we say SAI Jonathan? Why did the governors demand for their share of the ECA, because Jonathan was misappropriating it, several personal withdrawals from the account was proved in court.Under OBJ nobody touched that account, that was how we survived drop in oil price as low as $38, Jonathan is $60, right now and Nigeria is on fire, can't you guys see?You are an importer getting dollars at 225 naira and you say jonathan 2019? you are a m0r0n.By the end of 2015 if Jonathan continues, most of the students here will drop out because your parents will lose their jobs, I am firing three next month and a lot of people are doing the same, youguys have no idea what is going to happen by this year end.let me give you the history, oil price down, devalued naira, shortage of fuel, removal of all subsidies including HIV drugs, doyou guys know where austerity measures end? food shortages.You are a student and you want to vote Jonathan, sorry for you because when the government is running budget deficit like now, salaries will be owed and your lecturers will go on strike, cant you see?If you took any loan bank , office or cooperative loan, with a devalued currency, you are in for an upward review of your interest rate, and some people think it is cool to be shouting GEJ 2019, those people deserve to be shot without trialAll government funded subsidies will disappear, if you have HIV, just save for your burial because in rivers state now, they are stranded, the ones supplied by the Americans can no longer go round, cant you guys see?We must punish PDP at the polls, why are you scared of Buhari, are you a thief? the undisciplined andthe thieves don't want buhari, while you a nobody is singing their praise, what are you scared of?Anytime you fall in love with Jonathan ask yourself? what do you have to lose?We are already down with Jonathan, we cannot fear any worse.Buhari is not a jesus but Jonathan must be punished for this mess, he should be held responsible and accountable for this mess, How can Jonathan approve austerity measures for Nigerians while he could not cut his feeding budget and you guys think its ok!!He flies 9 private jets and you don't even have a tokumbo car shouting SAI jonathan? Crude price is down and you thinkJonathan is not responsible are you daft? how about saving and appreciating the naira when it was high so that as it goes down, it won't be this low?jonathan is a walking disgrace if you support Jonathan and you are rich, benefitting from this government, you are wise, if you are an average Nigerian who is gonna face this austerity measures and still support his presidency, you are a f00l and a m0r0n, shaken together and runneth over.This election has exposed one thing, Nigerians are very bad people, they are willing to stand and die for evil, the next hitler willbe a Nigerian, mark my words.May God help the generation unborn. # vote wisely# 1 Like |
Re: Election Spending Fuels Cash Shortage In Banks by Nobody: 8:07am On Mar 27, 2015 |
hahn: yes, add 07035260535 on Whatsapp |
Re: Election Spending Fuels Cash Shortage In Banks by UnimkeAk(m): 8:18am On Mar 27, 2015 |
uselessgoat: [size=28pt] USELESSGOAT ![/size] 1 Like |
Re: Election Spending Fuels Cash Shortage In Banks by Nobody: 8:24am On Mar 27, 2015 |
uselessgoat: 5 billion dollars has been spent only by Jonathan in his campaign. Now tell me, is that our 5billion dollars (1 trillion naira) missing from the 20 billion dollars? Where is the remaining 15 billion dollars? Who be the thief who be the owner? If you are a thief and you are asked was 20 billion dollars missing when you know you are in power, what would you say? Absolutely nothing.. I am telling you oo, 5 billion dollars has been spent just by jonathan, he intends on throwing more today. Let's watch and see. If he looses, it's to spend the remaining 15 billion. If he wins, then be sure to know that for 3 yrs he won't perform a damn thing. Ngozi says they have to borrow 2 billion dollars from the world bank, are you people so blind to see it? Are you telling you are so blind to know that jonathan hasn't spent more than that already? What is 2 billion dollars going to do to help the nation? Who are they fooling? I won't be fooled.. Never. There was a program shown on AIT, when jonathan finished speaking, he went on to Shake the top officials around him, while shaking their hands, every other person bowed with respect of saying hello to the president, except Ngozi. She just gave him a little hand shake, more like you are tarnishing my image. Jonah is been controlled by the Anenih himself, Anenih is the one who showed OBJ how to run privatisation things in the country. Do you think if 20 billion dollars is missing and they call 1 million audit firms, it will be found? When Anenih is involved? Dream on Young lads. I pray anyone wins, and for those in support of Jonah, Mark this day, if and only if he wins, then be sure to know Nigeria is in great doom. The level of poverty in the country will be alarming to the extent nigeria will have to force him out. Watch and see. Transgender affirmation of Nigeria (TAN) my as ass. |
Re: Election Spending Fuels Cash Shortage In Banks by Nobody: 8:33am On Mar 27, 2015 |
IDES OF MARCH. In themselves, days are days, until events happen and give them the mark of remembrances. Like yesterday, today would seem like tomorrow and the boring series of normalcy would continue. The subject of the news has been constantly depressing; one would think that a pharmaceutical company selling mostly Prozac has decided to sponsor what we now call the news of the day. Nigeria is on the march again. Only this time, the government has decided to make the punch line make more sense. The reasons for the shift are ludicrous but the history of the Nigerian state supports it. As such, the outrage was minimal as expected. In another 3 weeks, Nigerians will be giving the opportunity to select between an incumbent who is said to be good but incompetent and an ex dictator who everybody wants to trust. There is no better example of an illusion of choice. As a state whose history is a trail of bad blood, suppressed discontent and noise, one honestly hopes that we would get it right. But, can we? A 5 minute conversation with a voter will depress you. If democracy rests on the belief that those involved in the decision making process are intelligent enough, should there not be a caveat or a slightly adjusted version for countries where the educational system produces graduates that are unemployable? And youths who look forward to the legal drinking age than the voting age? Or worse, youths who prefer to discuss football and music than the Nigerian economy? If a democracy cannot get a people to concentrate and carry out reasonable discuss on the important things, is it still one? How do you reconcile that enormous gap in ignorance? Be that as it may, we still carry on. A good number of some of us are undecided. It is fair to understand why. Let us explain it this way: "on undecided Voters,; to put them in perspective, I think of being on an airplane. The flight attendant comes down the aisle with her food cart and, eventually, parks it beside my seat. "Can I interest you in the chicken"? She asks. "Or would you prefer the platter of shit with bits of broken glass in it"? To be undecided in this election is to pause for a moment and then ask how the chicken was cooked. Beware the ides of March, a new fool might emerge in April and if you May, acknowledge him. Understand the gaps and allow yourself the excuse to exclude. If you can, enjoy that terrible tyranny of the majority but, by all means, I beg you, choose wisely. Beware the ides of March, freedom is not that easy to come by, but once in a while, it is caught stranded. Futures are secured by leaders who have the audacity to make laws that make them less powerful. The next president has in his hands, the opportunity to make or mar this nation for good. Are the choices choosy enough? Would the benevolence of fate make room for the placement of good fortune? Do we need leaders who would prefer to incite violence than provoke peace? Are we not tired of the madness? Beware the ides of March, ask questions, puncture holes and fill them with reasonable discontent. Basic amenities should not be a bench mark for good governance. Any democracy that triumphs in the spreading of distractions is a fickle one. Would you not shawkee for one second and inquire about what happens? What sort of society are you building for your kids? “If you are a part of a society that votes, then do so. There may be no candidates and no measures you want to vote for... but there are certain to be ones you want to vote against. In case of doubt, vote against. By this rule, you will rarely be wrong”. (c) Igenebga. |
Re: Election Spending Fuels Cash Shortage In Banks by anonimi: 8:37am On Mar 27, 2015 |
bushdoc9919: And I thought you were smart www.nairaland.com/attachments/2102459_apcteam_png6dc9407cdcc2b68174c445361fc3e4c9 |
Re: Election Spending Fuels Cash Shortage In Banks by Lunar2010: 8:40am On Mar 27, 2015 |
I created this same post from same source 3hrs earlier than this op and no FP. Na wa o... Do I have to do 'cc: lalastica; Seun' to get on FP abi na federal character? Diaris God in everytin we are doing o. |
Re: Election Spending Fuels Cash Shortage In Banks by anonimi: 8:41am On Mar 27, 2015 |
eliment: And APC did not www.nairaland.com/attachments/2235658_change_jpeg1d261807316c13729a0ba23ee58934ff www.nairaland.com/attachments/2235861_apcchangee_jpeg9e00f07203851f00393e477c8282ec16 |
Re: Election Spending Fuels Cash Shortage In Banks by EagleScribes: 8:45am On Mar 27, 2015 |
So what is noise about cashless policy all about? This goes ahead to confirm that we have nothing but jokers in places of authority |
Re: Election Spending Fuels Cash Shortage In Banks by MARKone(m): 9:17am On Mar 27, 2015 |
lordhugo: Hahahahahahhahahhahhahhahahahaha hahhahhahahahahahahahahhahahahaha hhahahahahhahhaahhahahahhahahahha hahhahahahhahahahahahhaahhahhaahh ahhahahahahahahahahh!!!!!!! |
Re: Election Spending Fuels Cash Shortage In Banks by bjdon: 9:24am On Mar 27, 2015 |
bushdoc9919: I saw the 1980's many of these young ones have not they don't know whats coming. You can expect massive inflation (As the currency falls in value) Massive job losses. Company shut downs(In the 80's nobody could believe when Kingsway shut down. Dont' be surprised to see shoprite seel up and leave in a few years) Oil price will not see $80 dollars for years to come as their is an ongoing price way between the Saudi's and US shale producers. As usual Nigeria is not ready. Dark days ahead 1 Like |
Re: Election Spending Fuels Cash Shortage In Banks by INDUSTRIALFAN(m): 9:33am On Mar 27, 2015 |
Adesiji77:money shortage? So where are all the money being spend saved by those who collected it? Abi na hole the dig hide the money? |
Re: Election Spending Fuels Cash Shortage In Banks by omoadeleye(m): 9:36am On Mar 27, 2015 |
so where are all the money going? if people are not holding those exorbitant cash ffor house |
Re: Election Spending Fuels Cash Shortage In Banks by sonofspada(m): 10:49am On Mar 27, 2015 |
Lets toast, to all the wild animals yet uncaught for zoo services and the Elections yet to be rigged. .. hit like and say *cheers* |
Re: Election Spending Fuels Cash Shortage In Banks by suptol(m): 2:53pm On Mar 27, 2015 |
All is well |
Re: Election Spending Fuels Cash Shortage In Banks by AdeMoss: 3:26pm On Mar 27, 2015 |
I believe this post is incorrect and the message is false. Ask yourself, how much can any politician withdraw to cause liquidity issue? In today's banking generation where billions are moved inter bank hourly. Moreover, what our politicians made scarce is dollars. An average ATM is probably loaded with N8m, which is a lot. If you see long queues, blame the Nigeria mentality of panic buying. We do that a lot. By Monday, they will go back to the bank to deposit it. |
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