Says no devaluation of Naira for now
Governor of the Central Bank of Nigeria, Godwin Emefiele has urged Nigerians to brace up for the current economic realities as government would be forced to adopt some hard economic policies in line with the harsh economic environment as a result of low oil prices in the international market.
The CBN boss stated this yesterday during a press briefing at the bi-monthly Monetary Policy, MPC meeting in Abuja.
According to him, “It is imperative to brace up for a longer period of low government revenues from oil sources, which would necessitate hard and uncomfortable choices as the economy transits to more sustainable sources of revenue, consistent with the economic realities and strategic objectives of the country. In the circumstance, certain tradeoffs must be envisaged and duly accommodated.

- See more at: http://nigerianpilot.com/brace-up-for-hard-times-cbn-urges-nigerians/#sthash.PhoK4ncz.dpuf

Tell that to Buhari that budgeted 1.7 billion naira for feeding.

A Punch reader commented:

"They keep reminding Nigerians for hard time, but when oil was sold at $140 per barrel they enjoy their billions of dollars and no body reminded to embrace good future or steady light or good roads....."



http://www.punchng.com/hard-times-ahead-cbn-warns-nigerians-says-low-oil-revenue-to-linger/

lalasticl

Of course it's the average Nigerian that the hard times will hit the most. For those in power, it's extravagance as usual

We are conquerors.. We are Nigerians!

[size=20pt] corruption or no corruption
My Jonathan and okonjo will never allow us do hard time
My Jonathan ooo ooo ooo ooo
One chance
Body odor ooooooooooo
Simantiniya see what you do to me
[/size]

Hmmmmm

Reminding us of Hard times to come like we aren't in hard times since day1

pray and work hard I'll advice everyone

Abegi!!! Nothing like brace up for hard times, the hard times have always been here for we the poor masses

My own is that that 50 naira charge is too much for me. Make them cancel am biko. How much go remain after them remove 50 naira from my account 10 times? Na minus tins be dat na

It's [size=15pt]LadyF[/size] again

Hard times are here already

What's tha business?

We will surely survive...

We are already experiencing hard time

oh my word...

Kemi and Godwin, make una try abeg o.

Brace up for hard times? When our legislooters are busy buying new cars coupled with the numerous allowances they keep receiving, make CBN yarn me another story jor.

God will surely make a way for the downtrodden. We no go die.

Wey my hoe and cutlass sef

je su!

Hmmmm

Stewpeed!!

If Nigerians should brace up for harder time, then, it's disaster..

Cha... Diaris god oh

If we had leaders whose heads are properly screwed on,we won't need to hear such sermon from CBN. Saudi Arabia, Russia and UAE have some of the highest foreign exchange reserve to cushion the effect of the current glut. They also depended on oil for a long time. Some countries like UK, South Korea etc don't even produce oil yet they are fine.

It's a make or break time for Nigeria, mismanagement has been our bane. I hope henceforth we will hold our leaders accountable irrespective of tribal or clannish affiliations.

Bring back Ngozi Okonjo Iwealla

we would surely overcome!

Need something on Jumia?
Contact me now!

Silly CBN

dominique:
Of course it's the average Nigerian that the hard times will hit the most. For those in power, it's extravagance as usual

And that silly budget isn't helping matters.
It's very obvious the FG is comprised of seasoned fraudsters.

this is............

May God help us....

dominique:
Of course it's the average Nigerian that the hard times will hit the most. For those in power, it's extravagance as usual

its hitting everybody o, its just that we average Nigerians are used to it and they are not which will make them get affected the most.

This is no news at all........we have been experiencing hard time in nigeria since time immemorial