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State Of Emergency Will Cause Inflation - Sanusi Lamido Sanusi - Politics - Nairaland

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State Of Emergency Will Cause Inflation - Sanusi Lamido Sanusi by elbinmanny(m): 10:35pm On May 23, 2013
CBN governor Sanusi says cost of State of Emergency in the North will cause inflation.

CBN warns of increased interest rate during election.

*What do you make of the CBN governor's words?

The Central Bank of Nigeria has warned that there may be increase in interest rate and a little adjustment to the already stable macroeconomics
during the next general election.

CBN Governor Lamido Sanusi said there is no way Nigerian politicians could be stopped from spending and the adverse effect of huge spending would be stronger on the economy during the electioneering period.

Speaking at the first national risk management conference with the theme" our ever-changing risk context" Sanusi urged banks to stand firm to their responsibility of managing the financial risks that may emaciate the economy.

He added that sound risk management is the secret of sustainability in the
banking business.
Culled from naija info 99.3

Re: State Of Emergency Will Cause Inflation - Sanusi Lamido Sanusi by Chamber10(m): 10:38pm On May 23, 2013
Lol
Re: State Of Emergency Will Cause Inflation - Sanusi Lamido Sanusi by elbinmanny(m): 10:48pm On May 23, 2013
I'm not surprised from a man who gave out N100m of tax payers money to his kinsmen undecided ....how long will he keep donating?? Penny wise pound fool.ish !!!!
Re: State Of Emergency Will Cause Inflation - Sanusi Lamido Sanusi by Bigcake: 11:27pm On May 23, 2013
And the 3yrs civil war caused deflation while the maltreatment of Niger Deltans caused ? Afforestation. You are a fooool. Boko haram sponsor like u, i can prove it anywhr.
Re: State Of Emergency Will Cause Inflation - Sanusi Lamido Sanusi by Nobody: 11:47pm On May 23, 2013
U pple raining abuses on Sanusi Lamido Sanusi are funny o.He is the CBN governor and If he says that SOE will cause inflation he is only speaking from the economic point of view and not that he is against SOE.He happens to be among the just few hausa men i respect.
Re: State Of Emergency Will Cause Inflation - Sanusi Lamido Sanusi by sakaguchi(m): 1:17am On May 24, 2013
Mallam Sanusi, nothing will happen jaare!
All you need do is to parade them (as usual) on the streets of Damaturu, Maiduguri and Yola, give them bambi.ala bowl and drop tax payers money generously into it.
Afterall, you are not new to this economic tool and its application.

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