Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,197 members, 7,953,727 topics. Date: Friday, 20 September 2024 at 01:14 AM

The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi (1675 Views)

Nigerian Economy Under My Watch Is Looking Good - President Buhari / Dino Melaye Under GEJ Vs Under PMB (Pictures) / Sultan And I Are Miyetti Allah’s Patrons, Says Sanusi (2) (3) (4)

(1) (Reply) (Go Down)

The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Penalty82(m): 9:40am On Oct 25, 2017
Sanusi who expressed worries over the manner in which the current administration manages the nation's economy, said it is unfortunate that the Federal Government seem to have taken over the CBN, instead of allowing it to function independently.
Emir-Kano-Sanusi-Lamido
Emir-Kano-Sanusi-Lamido
He said, “The CBN-FGN relationship is no longer independent. In fact, one could argue their relationship has become unhealthy,” he said.

The former CBN Governor also revealed that CBN’s lending to the government since Buhari came in had spiked from about N1.5 trillion to over N4.5 trillion.

He said, “CBN claims on the FGN now tops N4.7 trillion — equal to almost 50% of the FGN’s total domestic debt. This is a clear violation of the Central Bank Act of 2007 (Section 38.2) which caps advances to the FGN at 5% of last year’s revenues. Has CBN become the government’s lender of last or first resort?” He questioned.

Speaking further he said, “the problem of the current government is not having the right policies to fix the current economic woes. The past government under which I served as the CBN Governor, had its own problems, but the current government is far from getting it right”.



Mynd44 OAM4J lalasticlala

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Oblitz(m): 9:41am On Oct 25, 2017
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by malware: 9:42am On Oct 25, 2017
We all know that, next please undecided
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by AntiWailer: 9:44am On Oct 25, 2017
Always saying it as it is.


But no sauce for ur bread.
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Douglaufuoma(m): 9:48am On Oct 25, 2017
did you say this when he was on sit, were you not among those that sponsor this calamity on us. have you forgotten in a hurry how you cry out money that was never missing about the previous government, were you not the one opening secretariat for a political party. just relax and enjoy your change, because wailers form don finish. because aishe has been begging and crying for one that she is ready to pay any amount.

5 Likes

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by TippyTop(m): 9:48am On Oct 25, 2017
He said, “CBN claims on the FGN now tops N4.7 trillion — equal to almost 50% of the FGN’s total domestic debt. This is a clear violation of the Central Bank Act of 2007 (Section 38.2) which caps advances to the FGN at 5% of last year’s revenues. Has CBN become the government’s lender of last or first resort?” He questioned.

The extent of looting under the present leadership won't be revealed until 2019.

Diezani is a learner

1 Like

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by FarahAideed: 9:49am On Oct 25, 2017
No leadership can ever be worse than the one Buhari is dispensing now ..Non

1 Like

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by TippyTop(m): 9:50am On Oct 25, 2017
@Penalty82

Put a source to your story.

1 Like

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by doctokwus: 9:58am On Oct 25, 2017
FarahAideed:
No leadership can ever be worse than the one Buhari is dispensing now ..Non
It's unheard of for a government not to have one single redeeming feature,to be totally disastrous in all aspects:
Incompetence,corruption lies and deceit,propaganda built on lies&deceit,bigotry,clannishness,protectionism,religious fundamentalism,divisiveness.It is beyond belief that a single govt in just 2yrs of its coming into power would be so disastrous and full of negatives and not a single positive feature.

3 Likes

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Atiku2019: 10:06am On Oct 25, 2017
This is the worst Government in Nigeria's History cry


Long LiveThe King

1 Like

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by internationalman(m): 10:09am On Oct 25, 2017
That's an honest opinion considering.....
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by FarahAideed: 10:09am On Oct 25, 2017
doctokwus:

It's unheard of for a government not to have one single redeeming feature,to be totally disastrous in all aspects:
Incompetence,corruption lies and deceit,propaganda built on lies&deceit,bigotry,clannishness,protectionism,religious fundamentalism,divisiveness.It is beyond belief that a single govt in just 2yrs of its coming into power would be so disastrous and full of negatives and not a single positive feature.

Not a single one bro not one positive
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by TI1919(m): 10:10am On Oct 25, 2017
cool
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by three: 10:26am On Oct 25, 2017
Really?
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by kanayoNickel: 10:31am On Oct 25, 2017
I just love Buhari....
He's such a Failure.

1 Like

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Jesusloveyou: 10:31am On Oct 25, 2017
Wow

1 Like

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by JONNYSPUTE(m): 10:39am On Oct 25, 2017
Shame on all the people that supported this disgrace of a president.
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Jesusloveyou: 10:45am On Oct 25, 2017
TippyTop:


The extent of looting under the present leadership can't be revealed until 2019.

Diezani is a learner
but your thief diezani said she has never stolen any money from Nigeria. Maybe she stole from London

1 Like

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Desyner: 10:52am On Oct 25, 2017
This is a tenure of rationing.
Give the SE 4 cups of garri. Give the SS 10 cups of garri cos they produce the cassava it is made from, give the SW 6 cups, give the north 50 cups cos they have more mouth to feed and the more we impress them the better for our 2019.


Sharing Govt [Garriocracy. Stomach infrastructure. Stipends. Subsidy.]

2 Likes

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by codedguy1(m): 12:20pm On Oct 25, 2017
if buhari eventually loses the 2019 election that is when we will really know how desperate those around him are knowing fully well that their principal knows absolutely nothing about being fair and having the supposed integrity that brought him to power.

we have not seen anything yet.

someone came into power and everything just went downhill.

evil, corrupt, despotic, nepotistic, tribalistic, bigots cum cabal in power.
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Nobody: 12:28pm On Oct 25, 2017
We made a big mistake voting this government into power walahi! cry
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by onatisi(m): 12:36pm On Oct 25, 2017
May God punish severely all those who campaigned and voted for buhari in 2015

1 Like

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by FarahAideed: 12:40pm On Oct 25, 2017
onatisi:
May God punish severely all those who campaigned and voted for buhari in 2015


What of those of us who have stopped supporting him for over a year now

2 Likes

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by yaki84: 12:40pm On Oct 25, 2017
doctokwus:

It's unheard of for a government not to have one single redeeming feature,to be totally disastrous in all aspects:
Incompetence,corruption lies and deceit,propaganda built on lies&deceit,bigotry,clannishness,protectionism,religious fundamentalism,divisiveness.It is beyond belief that a single govt in just 2yrs of its coming into power would be so disastrous and full of negatives and not a single positive feature.
i dont knw why seunmsg ignore this moniker, abi him dey fear make the guy no whitewash him lord n saviour buharia?
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by HzRF(m): 1:00pm On Oct 25, 2017
yaki84:

i dont knw why seunmsg ignore this moniker, abi him dey fear make the guy no whitewash him lord n saviour buharia?


Do you know docktowus was one of the top supporter of buhari(before now)

Campaigned heavily for buhari on nairaland

During 2015 nairaland was on fire

Who is seunmsg to drag words with him

When did he start supporting buhari

Na the likes of temitemi1 firefire midolian dey follow him talk den
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Jesusloveyou: 1:20pm On Oct 25, 2017
Alcatraz005:
We made a big mistake voting this government into power walahi! cry
if you voted for buhari before, don't vote for him again in 2019.
Nonsense iPods

3 Likes 2 Shares

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by Jesusloveyou: 1:23pm On Oct 25, 2017
onatisi:
May God punish severely all those who campaigned and voted for buhari in 2015
if you voted for buhari before, don't vote for him again in 2019.
Stupid iPods

4 Likes 2 Shares

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by vedaxcool(m): 1:24pm On Oct 25, 2017
grin grin grin The economy wasn't bad enough to prevent you from wasting N150M on recharge card alone!
Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by vedaxcool(m): 1:26pm On Oct 25, 2017
[s]
onatisi:
May God punish severely all those who campaigned and voted for buhari in 2015
[/s]

E be like say PDP no get crumbs feed this guy sotee im come dey pray like baba were

Only a god who is a PDP member would answer this sort of prayer from a shameless defender of corruption and looter. grin grin grin

1 Like 1 Share

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by onatisi(m): 2:01pm On Oct 25, 2017
FarahAideed:



What of those of us who have stopped supporting him for over a year now

dont repeat the same mistake again
always ask politicians seeking office probing questions
once a candidate starts avoiding some questions or answers , know definitely the candidate has nothing to offer

buhari avoided the presidential debate (ppl didnt mind)
he has refused to tender his waec certificate up till today(ppl said even if he presented nepa bill as certificate they will still vote for him)
he never outlined any tangible way of achieving all the promises he was making and it wasnt his fault because voters like you didnt deem it necessary to ask or know

4 Likes 1 Share

Re: The Economy Under GEJ Wasn't As Bad As It Is Today, Says Sanusi by moshuur(m): 2:37pm On Oct 25, 2017
ur story/post no get source?abi na u compose am by urself?

(1) (Reply)

Buhari’s Appointments: ‘south West Nigeria Took Lion Share’ / 2019 Presidency: I Have No Reason To Step Down For Anybody — Turaki / APC Paid All Major News Network Not To Cover PDP Presidential Primaries

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 27
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.