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Nairaland Forum / Nairaland / General / Business / Inflation, Nigerians And The CBN: A Wrong Prescription (10098 Views)
Aishah Ahmad: Profile Of The CBN Deputy Governor / Explaining The New Bank Charges, Lending And Deposit Rates Announced By The CBN / What Exactly Will Go Wrong If The CBN Floods The Economy With Dollars? (2) (3) (4)
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by pamdaniel(m): 7:05am On Sep 03, 2016 |
Zico5:ur arguments always fall under the "we" category. what have u personal placed on ground via agriculture, u advice in the comfort of ur room when u ve never harvested a corn of ur own... u speak naively about agriculture bcoz you feel it's less capital intensive... when u harvest a hecter of any crop u come back and continue ur campaign on agriculture ... agriculture is not the poor man thing as we thought in nursery school. |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by thedarkside: 7:05am On Sep 03, 2016 |
megawax8: lie,like how??..i lost everything too during 2008....since then gained nothing....but,since buhari,i felt the change...in only 1 year after election i got a job....that i still have till today...in only a half year savings,i bought 1plot farmland in ibadan(or small garden? )....just laying their,unused,but is mine.......i am planning to study more in my job...more money-reverses....suddenly i dont care about money,no more...i concentrate only on my construction job.... 1 Like |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by pejuakinab: 7:06am On Sep 03, 2016 |
Inflation in Nigeria is now like the age gap between Buhari and Aisha. Effect of change 3 Likes |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Speeddial(m): 7:06am On Sep 03, 2016 |
Upon the fact they increased fuel price from 85 to #145 still yet nothing to show forth for it. Please we need corruption back to government. 3 Likes |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by nonjebose(m): 7:10am On Sep 03, 2016 |
The economy is import based. We run a mono economy, depending mostly on oil. Banks have done great harm to the economy through money laundering and floating loans to oil thieves at the expense of long time investment into production sector. The cost of governance is too high for such economy. Stashed forex in local and foreign banks and warehouses 2 Likes |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by thedarkside: 7:11am On Sep 03, 2016 |
Speeddial: go america go look for corruption...we dont want it in nigeria no more...if you grow only 2 cassavas,then why do you think you have 200 cassavas to eat .....you will manage the 2 cassavas that you grew for the meanwhile.... |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by megawax8: 7:15am On Sep 03, 2016 |
thedarkside: And you think in 2008 the whole nation lost their jobs? That you have one now shouldn't make you glad. The unemployment rate just rose from 12 to 13% in one month, I am not sure if the year to date figure but a quick Google search would help you. I guess those complaining(I.e almost everyone) just love noise making. The situation is bad, let's call a spade a shade. Like a friend always says, Putting a finger on the problem is the beginning of the solution that problem. 2 Likes |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by ADAMUdaCOWBOY: 7:16am On Sep 03, 2016 |
tuoyoojo:You never voted it into power |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by shadeyinka(m): 7:18am On Sep 03, 2016 |
No Economic strategy or solution will work at this stage for the Naira. Industrial/ Technological strategy will do the trick. We actually don't need more money to spend on importation, we need import substitution strategy that will reduce unemployment and put less pressure on the Naira-Dollar exchange rate. |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Zico5(m): 7:21am On Sep 03, 2016 |
pamdaniel:Then Mr know it all, can u give us the highlights of how agriculture is done. This is Africa where everyone has his root from the village. U review others view before u post not from ur own illusion, I was brought up with real cocoa money where real agriculture is practice. So if I talk I know what I'm saying. 1 Like |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by tdayof(m): 7:23am On Sep 03, 2016 |
shadeyinka:What a reasonable comment! |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Speeddial(m): 7:26am On Sep 03, 2016 |
thedarkside:What are you talking? What do u mean growing cassava? Some one who works with a company and is having his salary slashed by half, and now prices of commodities have increased in the market, what will u have the person do to grow more cassava? Just mind ur self. 3 Likes |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Nobody: 7:28am On Sep 03, 2016 |
When you fail to release the budgeted money into the system, and you are surprised when the economy starts failing. He was traveling when he should be looking at the budget and it's implementation. 1 Like |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by thedarkside: 7:29am On Sep 03, 2016 |
megawax8: yea....i am glad not to be you,,,not seeing opportunitis...during jonthan,no matter how i tried,i always end up more messed up...-.. some became billionars??...how does that help me??... bros...i am telling you,,,,i am doing well,and i have weekend.....i am happy...and people around me are happy...not all of them have jobs,but they are happy when i meet them,i help out if i can and they help me too......one of my neighbors helped me get my job...i help in by anythings he wants to be done.... open your mind....hating a moslem will bring you nothing...i bought land just in a half year of realy saving.........imagine! its mine....i have the documents... |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Mexyz(m): 7:36am On Sep 03, 2016 |
Zico5:Can you guys just rest a little about this agriculture rants? we should stop alluding our failures to the government, then who do we allude them to? Is the environment conducive enough for agriculture to thrive? At least we have farmers in the country, how many are millionaires r talk more of being a billionaire? This politicians keep telling us to go back to agriculture while they loot the common wealth of the nation and some people like you also comes online to shout about this agriculture nonsense.... Even those in the agriculture line are shouting also, or have you not heard that poultry owners now ration the feeds of their birds,pigs,fishes and what have you. Hope you read the article very well, if all the factors listed by the author that led to this high inflation are corrected then I see no reason why we can't come out of this situation... In summary, Let the government make policies that are suitable and favourable for investors and business owners, not the on and off policies that they have been doing for over one year now. Good morning. |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Honza27(m): 7:38am On Sep 03, 2016 |
. 1 Like |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by thedarkside: 7:44am On Sep 03, 2016 |
Mexyz: go back to work,and stop waiting for foreigners to dash you free dollars.... do you know how embarassing it is to be told by a white-man that my black-brother like to beg for money..??.. go back to work!!..and stop relying on papers........ you produce nothing,but you want to have everything...!!!....tahhhhh... |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by afrika(f): 7:48am On Sep 03, 2016 |
See the name of the writer. Adeofem mànu!! Iriot!!!! Foorish !!! Na same una forgave federal capital to d North. SStill, jonà made life easy while solving d problem that gowwon. N the governments did yet una use media comot good person rather than to support. See the mess we re in. Rice is like a golden bracelet. Yet media's ain't talking. People are hanging and committing suicide.... Mtcheeew |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Mexyz(m): 7:53am On Sep 03, 2016 |
thedarkside:What's this one saying? my friend go and sleep... |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by progress69: 7:54am On Sep 03, 2016 |
tuoyoojo: Unfortunately, u are justa noise maket and just being economical with the truth. Jonathan wad the first to avoid a debate, after which his handlers and others organised another scripted one expecting Buhari to show up for that. Need I remind u that ur inconsequential votes couldn't keep an incumbent in power, APC will win again in 2019. Write it down! |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by thedarkside: 7:58am On Sep 03, 2016 |
tdayof: What a reasonable comment! i hope you understand we have tobecome like russia,china,iran,india.. this circle will never end...ones you start,you have togo for gold.......half-half will be our damnation... i hope you know!!... [b] its everything or nothing for nigeria now...!!! 1 Like
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Re: Inflation, Nigerians And The CBN: A Wrong Prescription by megawax8: 8:02am On Sep 03, 2016 |
thedarkside: First, I don't hate Buhari, I am Nigerian. I only said he should get his acts together. That you help people around you automatically means our GDP as a nation is improving? Please, school me! That you bought a land is now making you overjoyed to think all is well? It's your first property, you probably should. Keep helping your neighbours, I totally support that. For how long though? I am sure they are content with the help you give them and they'd buy their own lands too. PS: I have a job that prolly pays better than yours. 3 Likes 1 Share |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by elilistic(m): 8:03am On Sep 03, 2016 |
In our sitted positions and in d comfort of our abode we all ve d cure 2 salvage this economy woe, bt come 2 think of it, does Buhari n his co-hault ve access 2 dis our piece? Cos 2 me, u can't give wt u dnt ve. Buhari dnt ve d solution he is utterly Confused. |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by thedarkside: 8:05am On Sep 03, 2016 |
Mexyz: its true.....white people see us all the same....do you know how embarassing it is to defend you always by this white-idiooots..??. because its the truth??..black-market rates??..seriously??...are you kidding me??...-..do you even know,why the entire world calls it black-market |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Sulaimon01(m): 8:06am On Sep 03, 2016 |
Zico5: God bless your brain and sense of reasoning |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Charmarlegne: 8:06am On Sep 03, 2016 |
[quote author=magicminister post=49028423]I am tired of being bitter and Angry with APC. Like, it feels like i was scammed. That is one of the worse feelings on earth. Right now, i just wanna live my life. I don't care if this country sinks anymore. As long as i am okay, i have my generator, i have my cars, my house is still there and food dey my kitchen and my parents are well taken care of. Dear Jonathan, even though you were never an option for me, i really wished you were the president i hoped you would be. I would never have voted against you![/quote See this as a fine tuning process. Kicking out Jonathan and come 2019 kicking out Buhari. We have to keep doing this until it sinks into the skulls of these politicians that power belongs to the people and hopefully genuine and visionary leaders wil arise. I just know that come 2019, I will neither vote PDP nor APC, they are equally useless. 2 Likes |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by tuoyoojo(m): 8:07am On Sep 03, 2016 |
progress69: APC win again?! oya na. make we siddon dey look. I go remind you when dat time comes |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by thedarkside: 8:11am On Sep 03, 2016 |
megawax8: good start......i have nothing against a good-old-school-fight.....i have nothing against good-old-fun-bashing..(the mods taught me otherwise... ) but.. we agree,that we are nigerians.. that is a start.....tahhhh...family-bashing-matters... p.s...did you know that spain has 23&%sters unemployment...someone here was talking about 12&%sters to 13&%sters unemployment in nigeria.. did you even noticed that??..i didnt even know that,i taught our own was easily worst than spain... .. doesnt that wonder you??..
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Re: Inflation, Nigerians And The CBN: A Wrong Prescription by sarutobie(m): 8:12am On Sep 03, 2016 |
personal59:irredeemable afonjas..shebi IMF and all the reputable world medias resemble una brown envelope beer parlour statistics channels? 1 Like |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by 989900: 8:14am On Sep 03, 2016 |
Well written, text book economics, policy flip flops, and corruption won't ever let the CBN get it right. Who increases rates in recession? --Adeosun. |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by megawax8: 8:29am On Sep 03, 2016 |
thedarkside: I don't seem to understand you anymore. It is clear you're not out to make a point, I wouldn't indulge you further. Gracias 1 Like |
Re: Inflation, Nigerians And The CBN: A Wrong Prescription by Rick9(m): 8:35am On Sep 03, 2016 |
magicminister:Jonathan was a good man but the ediots that were working with him was the problem |
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