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Nairaland Forum / Nairaland / General / Politics / Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu (15844 Views)
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Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by casualobserver: 4:38pm On Feb 22 |
Dbegining: clearly you are a product of a failed education system. i said he need to remove subsidy which implies i know subsidy is back. 1 Like |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by casualobserver: 4:41pm On Feb 22 |
NaijaCrusader: Mr Expert, please tell me where the government is supposed to get the money to pay for fuel subsidies or to defend the naira so that you can continue to consume imported food? Simple question! I agree with you but tell me where the money for subsisy and to defend the naira is supposed to come from? You epeople dont seem to understand there is no oney left because we have been living a false life, so bad that we were borrowing for the last 8 years to defend the naira and subsidize petrol. if we had to borrow to pay subsidies and defend the Naira and no one wants to lend us anymore, please tell us where the money for subsidy and to defend the Naira is to come from? Did you people not hear when they said we were using 95% of our income to pay debts and were borrowing to pay salaries and subsidies under Buhari? ...or is it that you were not paying attention when we were told that to pay salaries and subsidy under Buhari, a major portion of the Oil we are producing now and in the future, had been sold under the last administration, the money collected and spent? 3 Likes |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Splashme: 4:47pm On Feb 22 |
Terrible |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Dbegining: 4:50pm On Feb 22 |
casualobserver: I'm not in for childish tantrums today so, I'll take it easy on you and your English teacher. You made three contradicting statements 1: he should remove subsidy 2: who will advocate for return of subsidy (even when the government that removed it started paying it again) 3: he should sustain the reforms You asked who will advocate for the return of subsidy and that he should sustain the reforms when subsidy is back. So which reforms are you sustaining. And nobody advocated for return of subsidy. The reforms that you are confidently praising is what flopped the subsidy removal. I mean, you as a product of a good educational system should know that the reason subsidy is back is that the economy cannot handle buying fuel as high as 1200/litre. Be thankful. Be very thankful. I don't want to show your stupidity to the world today. 1 Like |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by casualobserver: 4:59pm On Feb 22 |
Dbegining: Let me explain something to you. We have used up all our lifelines. The economy will sustain even N3000 liter if that is where petrol gets to. The country will sustain whatever level the Naira gets to because at the stage we are right now, we have more or less lost the ability to shape our destiny in the short term due to the recklessness and indulgence of the past by both leaders and the citizens and if it doesn’t then it doesn’t. You talk as if we have choices....we dont!!! we 1) can’t afford to subsidize petrol or forex. So if you had any sense, you will start to change your consumption habits. I don’t think you people get it. When other countries are very militant about protecting local jobs and consuming local products this is why. We have been living on borrowed time for decades now it is the time of reckoning, the time to pay. If you like be playing politics and blame game. We are where we are and there is nothing anyone can do especially if you refuse to change your consumption habits and your entitlement mentality to foreign products. The one thing I blame this govt for is the insensitivity in the conspicuous consumption of foreign luxury items (especially Jeeps) at this time. Very insensitive and an own goal. But be under no illusion there is no way out of this but pain. I have said it many times, pain is the only way people change their habits. 3 Likes |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by RALPHOW(m): 5:06pm On Feb 22 |
Beneficiaries of the evil racketeering will surely fight back. Asiwaju must not bow to the Cabals! We must stop eating our tomorrow today, it's time everyone go back to farm and plant what you and your family will eat. If we eat what we plant, dollar will come down by itself, we don't need dollar to plant Maize, yam , tomatoes and cassava 2 Likes 1 Share |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by lastkingsman: 5:32pm On Feb 22 |
BigDawsNet: Tinubu is not aware of anything and lacks the capacity to run Nigeria right now. That's the issue. He running the admin with sycophants who are deceiving him and cashing out big time. At the end of the day, they know pretty well na Tinubu name everybody go dey call and not them. And what can you do to Tinubu (an old man that's 85yrs+)? Nothing |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Riskymarvelous(m): 5:42pm On Feb 22 |
How you go give adelabu wey read accountant for school minister of power Mouh nah help me ask tinubu abeg |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Akpatan: 5:43pm On Feb 22 |
Transition in government, buhari does! Tinibula just warming up... Baba God as a mata of urgency give us our daily bread day to day.. |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by bentenny(m): 5:54pm On Feb 22 |
Apc paid minions go soon research to discover whether Sagay father from east so dat them fit label am Ipo.b.😄😄😄 |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Zetty177x: 6:21pm On Feb 22 |
Tinubu received the advice from World Bank. Can u imagine that? |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Iamzik: 6:23pm On Feb 22 |
casualobserver: This nation can never get better with people who think like this. Don't worry when one dollar becomes 5000 and you can't buy food anymore your brain will reset |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by casualobserver: 6:32pm On Feb 22 |
Iamzik: On the contrary it is daft people like you who fail to u derstand that a nation that cannot feed itself is in trouble. I know you are a poor man because you think like one. therefore, You have no business eating imported food, therefore the value of the dollar is really not your business. The country is in a mess because people who should be eating yam, Eva, Amaka, akara, ogi feel they have an entitlement to eat imported rice or bread made with imported wheat. This is despite the fact that we are the largest cassava producer in the world and we can turn cassava into flour for bread but subsidized imported wheat has not allowed our cassava processing industries to take off. So we import wheat and export jobs to wheat producing countries. And yet 1diots like you don’t get it!!! If N5000 to a dollar is what it takes for you to rest your brain and abandon foreign foods, if N5000 is what it takes for you to abandon foreign flour and patronize local flour made from Cassava, then that is where we are heading. It is in your hands. If you like patronize foreign goods and foods if you like look inwards and patronize local. The days when government can indulge you are gone, there is no money!!! 2 Likes |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by eteba(m): 6:41pm On Feb 22 |
Naira floatation should never have happened, it was never ever going to be in our own interest,as a country. |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by uba1991: 6:51pm On Feb 22 |
First class accountant is fighting dollar with guns. Hahahaaaaaa! Very confused president. |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by advanceDNA: 7:15pm On Feb 22 |
Dbegining: U have time... |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by advanceDNA: 7:18pm On Feb 22 |
eteba: He ddnt do it in our interest.... He did it in his own interest....He needs to borrow more money from the IMF....because that the only source of getting money .....so he has do wateva IMF says in repaying part of our loan and perhaps, before he can get more.... |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Mandate1: 8:45pm On Feb 22 |
Image123:simple task as fixing electricity our govt can't do. Na dis kind technicality u wan give them. Keep playing sir |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Mase2020g(m): 9:16pm On Feb 22 |
Frigga13: Disgraceful youth |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Coolgent(m): 9:20pm On Feb 22 |
Emilokam economy, same with Obasanjoa tenure |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Johnjustice: 7:07am On Feb 23 |
JuanDeDios:We know hoarding of USD, lack of Nigerian exports, chronic importation etc, are part of the problems, floating is not the root cause, but floating without dealing with the root causes is a disaster. The floating will cripple the economy, because prices of goods will be out of reach of the greater number... because for now we are dependent on dollars for all our imports. The president should join BRICS or fashion similar trade organizations with trade partners or find new international trade partners, to pay for goods and services with local currency. 1 Like |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by Iamzik: 11:01pm On Feb 26 |
casualobserver: You sound so pained with the epistle you wrote up there. You seem to be having buyer remorse....the bad governance and clueless policies are getting to you already People like you who voted this disaster will be the ones to feel the heat. Continue supporting rubbish. 8 years is still very far. When Tinubu is done with you and your family your brain will reset automatically |
Re: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by GeneralDae: 12:19pm On Mar 05 |
BigDawsNet:This is Obi's master plan. Similar to the language of Cardoso and Wale Edun today.
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