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Nairaland Forum / Nairaland / General / Politics / This Is the Reason Why CBN Is Not Shifting Deadline (5449 Views)
$1/900 Why CBN Must Avoid Emefiele's Mistake / Why CBN Shouldn’t Extend Naira Swap Deadline – Atiku / Olawepo Hashim Explained Why CBN Has Failed To Grow Nigeria’s Economy (2) (3) (4)
Re: This Is the Reason Why CBN Is Not Shifting Deadline by orisa37: 1:01pm On Jan 25, 2023 |
Nigeriafirstlad, you are an Amateur TERRORIST. Two thousand SUPPORTERS OF A TWO BULLION WHATEVER CAN CHANGE THEM IN ONE DAY AT INCLUSIVE COMMISSION. |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by orisa37: 1:06pm On Jan 25, 2023 |
You want to fight a WITCH, BE A SUPER SPIRIT. 1 Like |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by Nobody: 1:24pm On Jan 25, 2023 |
The policy affects atiku cos he can't win without spraying money, tinubu has the structure and APC governors |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by Ddokie: 1:50pm On Jan 25, 2023 |
Urchinpainer: Correct guy. Shebi u sef see the game. 2 Likes |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by AdaojoTheUrchin: 1:52pm On Jan 25, 2023 |
Any finger that will vote Thiefnubuu must suffer leprosy. Insha Allah! 4 Likes 2 Shares |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by aggos: 2:36pm On Jan 25, 2023 |
Why won't he shift ground...does he own Nigeria? Or maybe he wants us to be queueing for the new naira notes the same way we are for fuel.....not possible my friend Nigeriafirstlad: |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by chival(f): 2:36pm On Jan 25, 2023 |
Alusiizizi:Forestalling huge withdrawals by politicians is also the reason for the withdrawal limit placed by CBN on both individuals and organisations. It is a no-brainer, if Emefiele is able to stand his ground on this issue, many politicians will be affected adversely in the coming elections. 1 Like |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by aggos: 2:42pm On Jan 25, 2023 |
Ablemed: For your information, redesigning the NAIRA cannot affect the elites, they are more powerful than what you can imagine. Unlike you and me, they won't step out of their homes to get the newly designed notes. What you know is what you know... 1 Like |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by MiaBeer(m): 3:10pm On Jan 25, 2023 |
thesicilian:Your enemies can do outrageous and unimaginable things to destroy you. Try to avoid being a doubting Thomas ok. 2 Likes |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by Alusiizizi(m): 3:30pm On Jan 25, 2023 |
chival: Very true. First they change the currency, insist on a hard deadline to surrender old currencies right before the election and then impose withdrawal limits on what in principle would be new currencies. They must have been planning this for months before announcement. Anyone hoarding large sums of cash in vaults is basically screwed at this point in time. Also from the looks of things Emefiele need not worry about intimidation. He has the backing of the presidency as well as some very powerful actors. 3 Likes |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by hardbody: 3:33pm On Jan 25, 2023 |
thesicilian: You are wrong boss, this one man is one man like many men. Why do you think Emefiele has come under a barrage of attacks. This is Nigerian politics bro. 1 Like |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by kozmokaz(m): 3:37pm On Jan 25, 2023 |
thesicilian: It is not because of just one man my dear !!! They are trying to save over 200m people from one man 2 Likes |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by Alusiizizi(m): 3:40pm On Jan 25, 2023 |
aggos: You know, the most powerful agent of power is but the illusion of it. From your words you seem to believe that these men are so powerful that they approach the status of gods, but mark my words, your so called "powerful" are loosing many hours of sleep over this. As far as I can tell there are only two options(assuming of course that Emefiele stands his ground which at this point is a near certainty): 1: Leave those huge cash hoards in their vaults and gamble on the slim possibility that an extension will be made which is a huge risk that could potentially render them bankrupt. 2: Use "agents" to have the moneys exchanged with new currency(i.e employ perhaps 10,000 such agents, give each of them 10 million each and have them return with new currency, less commission, in which case one still bears the risk of having most of their money stolen from them right under their noses). Either way they're fvcked. Beautiful, isn't it. 2 Likes |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by teeytimi: 3:53pm On Jan 25, 2023 |
Nigeriafirstlad:helder state man peele, do you think I reason with emotion like you lots do. |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by teeytimi: 3:55pm On Jan 25, 2023 |
BamakSNR:leave those emotional being to their delusion |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by teeytimi: 3:56pm On Jan 25, 2023 |
Alusiizizi:nah you wan put am for prison |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by teeytimi: 4:00pm On Jan 25, 2023 |
MrEverest:helder can you tell us who gave the permission for the huge sum that was delivered to Tinubu two days to election in 2019 |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by teeytimi: 4:19pm On Jan 25, 2023 |
So many emotional thinkers In one space. Wow just wow. Do most of you know that these banks survive by political patronage, do you even know that the withdrawal limit have no effect on politicians. Do you know how many accounts they can use to bypass the restrictions. As I said, I am not a fan of TINUBU but when I see fallacy I must point it out |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by TheGoodJoe(m): 4:29pm On Jan 25, 2023 |
What makes you think Emiefele has not given Tinubu ten bullion vans? I believe Atiku is actually the target. It is a game by APC to starve Atiku off money and keep Tinubu as the only one with money to bribe voters. |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by chival(f): 4:50pm On Jan 25, 2023 |
Alusiizizi:Spot on. |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by JoeTravels19(m): 5:06pm On Jan 25, 2023 |
Quality lubricant for sale
|
Re: This Is the Reason Why CBN Is Not Shifting Deadline by Senioreddy: 5:20pm On Jan 25, 2023 |
teeytimi: Shebi na when you see the new notes na. The new notes in the entire country no reach 5 bullion vans Besides, Bank MDs are being watched |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by Igba123: 5:47pm On Jan 25, 2023 |
teeytimi:did you read the other news which said that CBN lack the money to print enough new notes to go round. Did you also read that one of the reasons for redesign is to mop up the excess cash in circulation? No politicians will access that kind of cash enough to engage in the kind of vote buying we are used to in Nigeria. |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by Igba123: 5:55pm On Jan 25, 2023 |
teeytimi:we know but let me ask, what was the reason given by CBN? One is to mop up the the excess cash in circulation. Therefore, CBN have not printed enough notes that can satiate the politicians' quest for cash. So no bank will have enough to conveniently engage in helping politicians launder money. 2 Likes 1 Share |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by Ablemed: 6:41pm On Jan 26, 2023 |
aggos: Yes you are right but then, when the money is not even enough to go around when would the elite see the enough cash to bribe voters?? and that's just the brain here |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by sapele914(m): 6:59pm On Jan 26, 2023 |
Nigeriafirstlad:Only poor people reason like you. |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by sapele914(m): 7:01pm On Jan 26, 2023 |
Igba123:Electronic laundering, welcome to the country of the fantastically corrupt. |
Re: This Is the Reason Why CBN Is Not Shifting Deadline by kay9(m): 2:13am On Jan 27, 2023 |
chival: Excellent insight, my very same opinion. I also foresee Meffy suddenly doing a U-turn maybe 1 week after elections and "bowing to the demands of the honest Nigerian public" to lift restrictions on depositing old notes for another 2 months. 1 Like |
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