₦airaland Forum

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Ahmed3rdjuly:
Blame Emefiele and not Adeosun. Your post shows you lack understanding of what the economy is going through
Mentioning J M Keynes doesn't make u sound like an economist

. It is so glaring that you are not in touch with the realities on ground or maybe you lack understanding of the workings of a nation's economy. It is equally obvious that you know little or nothing about economics. If I may take you back to elementary Economics; We have fiscal policy and monetary policy. The Central Bank of Nigeria is in charge of monetary Policies (money supply), while the government - Finance Ministry is in charge of Fiscal policies (e.g taxation and government expenditure). Like I mentioned earlier, what we are suffering today is liquidity freeze, which can be ameliorated through reduction in taxes and increase in government expenditure. This is the responsibility of the government - Finance Ministry. Before you blame Emefiele, just understand that should CBN pump in money into the economy without corresponding increase in output, there will be stagflation. Even the dollar problem is as a result of low productivity leAding to low/no export of goods and services. infact, I have no time to waste for you. Go back to school before you start defending your Madam.

It is so disheartening that a sensitive Ministry like Finance should be mortgaged on the alter of ethnicity/tribalism. Even a first year Economics Student knows quite well that the Madam cannot handle that Ministry considering the economic debacle we are facing today. If not for tribalism, somebody like Charles Soludo who understands the rudiments of expansionary fiscal policies should have been appointed by Buhari to resuscitate this comatous economy, which is dieing of liquidity freeze. Just like John Maynard Keyness, Soludo is one Nigerian Economist alive who can save this country in this period of recession. There is a unique medicine for every ailment.

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Tribalism has really beclouded some people's sense of reasoning. Had it been this Ben Bruce was a member of APC they would have seen him as a messiah. Nigerians don't really know what they want that is why it will be difficult for us achieve rapid economic development. It is disheartening that some people are Senator Bruce names even when he is making reasonable contributions. For the idiots calling him the Twitter Senator, remember the social media is the best medium to disseminate such important information / campaign to the masses.

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Same thing we are going through in Satellite Town, oriade, Lagos. The worst is that here nobody cares both tenants and landlords. People are suffering and smiling here. They only flash the light for some minutes whenever they are sharing bills or coming for disconnection. So terrible

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THIS RIDE CAN BE YOURS. VERY SOUND ENGINE

joborskill:
I still don't trust these products going by the antecedents of easterners at producing most things with low standard materials. I won't be surprised if these cars pack up in maximum of 2years. Its better to stick to foreign cars that we've tested and trusted. There are other ways to grow the economy than put Nigerian lives at risk all because an Igbo man is desperate to make money. The senate needs to ban innoson for now

Is it a normal person that typed this poo or a lunatic? Really, there are mad people everywhere.

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Nigerians shia, even when someone is saying the obvious they must find a way to complain just because of political/ethnic differences. How will this country get better. Don't really know what you guys want. Tufia

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gggg

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