The Oluore certificate criminal is trying hard to divert the attention of Nigerians.

Trust me, he's speaking to the Reno Mockery man

Who advised Nigerians to vote Buhari? Is it not same tinubu?

Reno omokri your head is paining you!

Abagworo:
Baseless excuse without meaning. Buhari Government printed money so why did your Tinubu fight Emefiele for trying to reduce liquidity and till this day has refused to implement cashless and deflation policy? The hope for Nigeria lies in Igbo ethnic group and the conspiracy to kill our economy rather than let them lead is the reason for all these "bulabas".

guess what they re charging emefiele for

Gun position not even corruption case

Nigeria is a joke 😂🤣😅

Reno mechie ọnụ nsị gị!

The government can not open up because APC cannot expose APC. So true. There's so much opacity.

Even if there are no Dollars, the CBN should start by laying a new foundation by increasing interest rates to around 25% to kill inflation. It will also strengthen the Naira.

So, all along, Godwin Emefiele had been lying through his teeth about the size of the foreign reserves. I doubt he ever went below $30bn inside it. It is actually less than $4bn, which is less than a months import cover, rather than the recommended minimum of 3 months.

seunmsg:


Reno

I can bet two cents Reno was paid by some APC guys to write this

grandstar:
The government can not open up because APC cannot expose APC. So through. There's so much opacity.

Even if there are no Dollars, the CBN should start by laying a new foundation by increasing interest rates to around 25% to kill inflation. It will also strengthen the Naira.

So, all along, Godwin Emefiele had been lying through his teeth about the size of the foreign reserves. I doubt he ever went below $30bn inside it. It is actually less than $4bn, which is less than a months import cover, rather than the recommended minimum of 3 months.

Lol. APC apologists have picked it up

grandstar:
The government can not open up because APC cannot expose APC. So through. There's so much opacity.

Even if there are no Dollars, the CBN should start by laying a new foundation by increasing interest rates to around 25% to kill inflation. It will also strengthen the Naira.

So, all along, Godwin Emefiele had been lying through his teeth about the size of the foreign reserves. I doubt he ever went below $30bn inside it. It is actually less than $4bn, which is less than a months import cover, rather than the recommended minimum of 3 months.

You clearly have no clue what you are talking about

Interest rate has no impact on inflation in
Nigeria

We have no consumer credit or mortgage system

If a business is borrowing at 25% how much profit will they make

In short you are say shut down the economy
Because it is mostly businesses that borrow
Inflation in Nigeria is largely a function on dollar exchange rate not interest rate

What you are suggesting is crazy and stupid
We need to target credit at critical sectors
If our industries borrow at 25%_ in a globalised world how can they ever hope to compete against imports from countries with 5% interest or even subsidies like agriculture in the EU, USA,CHINA

WE cannot have any agriculture with 25% interest

Why are you complaining, Is it not fellow Nigerian s dat allowed him there

Danegun777:
We must continue to educate our people on perculiaruty of Nigerian Macro Economics

dejol88:
Who advised Nigerians to vote Buhari? Is it not same tinubu?

Reno omokri your head is paining you!

That's a painful truth few want to talk about. Tribal loyalty...raw and primal tribalism, is the most important driver of the political economy in every country. It's very difficult for most humans to think beyond that.

Good Luck to Nigeria!!!

But you have money to waste in New York hotels , casinos and strip bars during the UN general assembly meeting , someone should tell me another story.

Ever8090:
Wether they defend d naira or not, one thing I know is, Nigeria is super rich. Nigeria is not one of the richest country in the world, but the richest country in the world. No country can survive the level of corruption Nigeria is withstanding.

Only politicians from one state out of the 36 state in Nigeria will loot China's resources dry in one year.

you nailed it. God bless you abundantly

Revolution2022:
Are you the CBN governor pastor omokri?

What he is saying is the fact.

Though there's no forex, government can begin to lay a new foundation for a fat foreign reserve by increasing interest rates to around 25% to kill inflation.

The next is an IMF loan to get the needed Dollars

I don't even know where this guy belong

Revolution2022:
Are you the CBN governor pastor omokri?

He doesn't have to be the CBN governor to speak the truth

Truly "APC cannot expose APC".

For the first time this year, Reno has talked sense.

Ever8090:
Wether they defend d naira or not, one thing I know is, Nigeria is super rich. Nigeria is not one of the richest country in the world, but the richest country in the world. No country can survive the level of corruption Nigeria is withstanding.

Only politicians from one state out of the 36 state in Nigeria will loot China's resources dry in one year.

oga richest country in the world before or now?

Abagworo:
Baseless excuse without meaning. Buhari Government printed money so why did your Tinubu fight Emefiele for trying to reduce liquidity and till this day has refused to implement cashless and deflation policy? The hope for Nigeria lies in Igbo ethnic group and the conspiracy to kill our economy rather than let them lead is the reason for all these "bulabas".

how was reducing liquidity the solution to Nigerias economic problems?

before buhari printed so much money as u claim, why didnt Emefiele tell him the implication of the printing?

was the printing of money the reason for the liquidity that emefiele wanted to reduce?

can you pls explain what u mean by "deflation policy"?

how will the cashless policy have improved the economy?

Abagworo:
Baseless excuse without meaning. Buhari Government printed money so why did your Tinubu fight Emefiele for trying to reduce liquidity and till this day has refused to implement cashless and deflation policy? The hope for Nigeria lies in Igbo ethnic group and the conspiracy to kill our economy rather than let them lead is the reason for all these "bulabas".

The IIGB0 brain is far too inferior and not capable of governance. Even though I do not blame them for their inferior brain as that is how they were created.

WHERE IS THE SUBSIDY REMOVED?
THE DAY NIGERIANS WILL REACT YOU WILL HAVE NOWHERE TO GO.

ALL OF US GO DIE HERE!

Abagworo:
Baseless excuse without meaning. Buhari Government printed money so why did your Tinubu fight Emefiele for trying to reduce liquidity and till this day has refused to implement cashless and deflation policy? The hope for Nigeria lies in Igbo ethnic group and the conspiracy to kill our economy rather than let them lead is the reason for all these "bulabas".

True. But show us any economy striving in the East where an Igbo man is a governor?

Danegun777:
We must continue to educate our people on perculiaruty of Nigerian Macro Economics

The people need jobs, food, safety, and a system that works for them and not more economics classes.

Ikaeniyan0:
Mr IPOBdient is ashame to tell us who he voted for

Anybody who is in opposition with your argument, if he is from the north is a BOKO HARAM sponsor and if from the east is an IPOB still most of you in the south are so afraid to hear NIGERIA braking up.

I believe Hypocrisy reigns so much in your region.

Yet, this rascal saw someone who can revive Nigeria, same person he once praised repeatedly, yet, he is supporting someone else.
Weirdo

What is he saying..
Last I checked his boss left office since 2015

Abagworo:
Baseless excuse without meaning. Buhari Government printed money so why did your Tinubu fight Emefiele for trying to reduce liquidity and till this day has refused to implement cashless and deflation policy? The hope for Nigeria lies in Igbo ethnic group and the conspiracy to kill our economy rather than let them lead is the reason for all these "bulabas".

guy you still dey?

Have a great moment.

Buhari is still a pain to some.

They don't know how to vent their anger. Everything is Buhari. Whether na Jonathan or Tinubu misbehave. Na Buhari.

Hhhhhhh

Ikaeniyan0:
Mr IPOBdient is ashame to tell us who he voted for

Haha

Abagworo:
Baseless excuse without meaning. Buhari Government printed money so why did your Tinubu fight Emefiele for trying to reduce liquidity and till this day has refused to implement cashless and deflation policy? The hope for Nigeria lies in Igbo ethnic group and the conspiracy to kill our economy rather than let them lead is the reason for all these "bulabas".

I used to think like you bro

Nigeria redemption don pass all these igbo ethnic group......even peter obi can't solve shit if he comes on board, ..... na God only fit descend on all these our politicians...


until we divide wey go make us fit re arrange ...na God hand we dey

Ikaeniyan0:
Even if Naira crash to 250k a Dollar, Tinubu must complete his 8 years.

Yeah but then you will die before that 8 years.

tctrills:

The people need jobs, food, safety, and a system that works for them and not more economics classes.

This attitude is one of the reasons Nigeria has become a Zoo. Nigerians have a deep disdain for systematic, applied knowledge.

It's not just economics, whether construction of buildings and roads or fixing cars, electing good governments or performing surgical or medical procedures, it's difficult to find a Nigerian who will take the time to learn and apply proper technique. They just want the OUTCOME and BENEFIT without any stress on HOW it's done. So we get low quality output everywhere, it's so bad Nigerians will look at a PROVEN METHOD of accomplishing something and find it fit to argue why it's wrong. Their argument is always "na book we go chop? No be class we dey do here".

When they're lucky enough to get a good result from a flawed method, they just hold onto that path and claim it as God's work, that they're favored.

The basic reason Nigeria has descended into a state of anomie is clear. It's THE PEOPLE.

Good Luck to Nigeria.