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Nairaland Forum / Nairaland / General / Business / If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor (24066 Views)
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If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by olatos4jesus: 10:58pm On Oct 05, 2015 |
If we devalue naira again, we will kill Nigerians, says CBN governor http://tribuneonlineng.com/if-we-devalue-naira-again-we-will-kill-nigerians-says-cbn-governor The Central Bank governor, Mr Godwin Emefiele, has defended his decision not to further devalue the naira despite the pressure on the currency of Africa’s top oil producer amid the global price crash. 6 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by INTROVERT(f): 10:59pm On Oct 05, 2015 |
hmmmm GMB will remove emefiele before March and guess where his replacement will come from. 23 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Chine12(m): 11:29pm On Oct 05, 2015 |
How does that Reduce the price of Garri?? |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Excellergroup(m): 11:31pm On Oct 05, 2015 |
'Kill' might just be an understatement, i think 'genocide' will be perfect. . Make dem pls consider o 33 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by TonyeBarcanista(m): 11:37pm On Oct 05, 2015 |
Lack of fiscal policies is making the job of the CBN very difficult. 34 Likes 1 Share |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by ojmaroni247(m): 11:38pm On Oct 05, 2015 |
una no knw wen una been start? 2 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by sammyj: 12:06am On Oct 06, 2015 |
Ok. You know all this all along before joining the band wagon of the last clueless government! !! 8 Likes 1 Share |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by ibedun: 12:22am On Oct 06, 2015 |
TonyeBarcanista: Please explain? I can't understand how fiscal policies could offset the exchange rate/currency issues cause by drop in oil price and the reckless depletion of reserves accrued from the recent oil boom. 22 Likes 1 Share |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by stinggy(m): 12:27am On Oct 06, 2015 |
From what I understand; as a country whose economy is primarily based on imports, further devaluation portends danger. I might be wrong though... 12 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Okanokan(m): 12:39am On Oct 06, 2015 |
I don't know how Mr Emiefele, the CBN Governor intend to hold out under the present harsh reality. Sounding Bohemian is not the solution to the current economic crisis, because when the envisaged fall of naira come, Nigerian will blame him for wrong advise to Mr President. Mr Emiefele should know that himself and Mr Kachikwu both from Delta State are the drivers of the economy. Wahala dey o! 2 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by malton: 12:44am On Oct 06, 2015 |
Regardless how many times you say this, sir, some people still won't understand. All they know how to is criticise. More worrying is that those whom you're trying to defend are the first to tongue lash. 27 Likes 1 Share |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by coolzeal(m): 12:52am On Oct 06, 2015 |
On one side it leads to improvement of current account and reduction in trade deficit after a certain time period, but it will eventually cause stress on imports, creates trade deficits for the counter party, and leads to rise in inflation, thus while deciding on Currency devaluation consequences both sides of the coin must be understood. Nigeria is a developing nation and cannot pull that off. Perhaps, the reason China can get away with currency devaluation. 2 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Nobody: 1:08am On Oct 06, 2015 |
Okanokan: What's this gibberish? 7 Likes 2 Shares |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by personal59: 5:46am On Oct 06, 2015 |
Hmmm it all started last year and is getting worsening day by day I just hope for d best. May Almighty God direct buhari on how to drive Nigeria forward 8 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by tollytexy(m): 5:46am On Oct 06, 2015 |
Shoroniyen ? |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by candidbabe(f): 5:46am On Oct 06, 2015 |
U |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by shegelu: 5:46am On Oct 06, 2015 |
m |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by candidbabe(f): 5:46am On Oct 06, 2015 |
Buhari make one naira equal one dollar as you promised your dumbass followers. Yeye dey smell 12 Likes 1 Share |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Clone2020(m): 5:47am On Oct 06, 2015 |
Stop defending a worthless currency with our limited reserves. Let the naira freefall and stop deceiving ourselves. Those days when oil sold for over $100 per barrel, you greedy crooks were enriching yourselves.... you've already caused enough havoc, save the reserves and dont bankrupt this country any further. 10 Likes 2 Shares |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Lincoln275(m): 5:47am On Oct 06, 2015 |
Ok |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Zi: 5:48am On Oct 06, 2015 |
On a good day, these reports shouldn't concern an ordinary man. You can just have that good feel that your country that there is progress in the economy. But no, everyday one grammar upon another. One report upon another. We don't need all these Economic jargon shoved into our faces. If the country is progressing, citizens will have that true feel that our country is moving forward economically. We want to feel it! 1 Like |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by xamster(m): 5:48am On Oct 06, 2015 |
this is about time we look distinctively into our fiscal policies. |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Nobody: 5:48am On Oct 06, 2015 |
tollytexy:#OyamilenuOooooo |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Nobody: 5:49am On Oct 06, 2015 |
Ok |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Nobody: 5:51am On Oct 06, 2015 |
Is he OK? Millions are losing their jobs already. They just sit down there in Abuja, they have no idea how the economy is collapsing. 2 Likes |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Nobody: 5:51am On Oct 06, 2015 |
I booketh the space! |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by personal59: 5:52am On Oct 06, 2015 |
candidbabe: K olatos4jesus: candidbabe: K May b u miss d side he said it started july 2014 and buhari wasn't d one who destroy the economy There is a word which says its easier to destroy than to rebuild I hope u read the article yesterday "A generation of confused youth" if no pls do is still @ d front page 1 Like |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by Nobody: 5:52am On Oct 06, 2015 |
[size=15pt]Ha!...So touchy,now & all of a sudden,the federal government & the cbn cares so much for her citizens,after they've crashed & destroy the economy,they acting like they care #Mtcheeeeew[/size] |
Re: If We Devalue Naira Again, We Will Kill Nigerians, Says CBN Governor by EagleScribes: 5:54am On Oct 06, 2015 |
Oga do something and stop talking! If you are clueless on what to offer as a solution, kindly resign and letter someone better step in. Governor of the mouth, by the mouth and for the mouth! 1 Like |
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