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

We all know that, next please

Always saying it as it is.


But no sauce for ur bread.

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.

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

No leadership can ever be worse than the one Buhari is dispensing now ..Non

@Penalty82

Put a source to your story.

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.

This is the worst Government in Nigeria's History


Long LiveThe King

That's an honest opinion considering.....

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

Really?

I just love Buhari....
He's such a Failure.

Wow

Shame on all the people that supported this disgrace of a president.

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

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.]

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.

We made a big mistake voting this government into power walahi!

May God punish severely all those who campaigned and voted for buhari in 2015

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

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?

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

Alcatraz005:
We made a big mistake voting this government into power walahi!

if you voted for buhari before, don't vote for him again in 2019.
Nonsense iPods

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

The economy wasn't bad enough to prevent you from wasting N150M on recharge card alone!

[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.

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

ur story/post no get source?abi na u compose am by urself?