Why didn't President Muhammadu Buhari in his address say anything about the advice given by Asiwaju Bola Tinubu on printing more naira to combat the Coronavirus pandemic

That to me is unfair

hisexcellency34 it wasn't necessary for now

It wasn't necessary for now. That means Tinubu goofed

edoairways:
hisexcellency34 it wasn't necessary for now

Ahem.
TO WHOM IT MAY CONCERN
all those who had a hand in COVID-19 entering Nigeria:
- Just in case you think you can escape justice.
You will pay, each and every one of you.
loud it, 4 those @ d back.

is printing more money the best solution? of course it is so as to support those who are affected by this lockdown

Not essential, in his mind

No president would ever announce it.

Matter of fact, that is the purview of the central bank governor and even at that he would use economic terms to describe rtheir line of action.

Only a mad president would print more notes so Tinubu has enough to buy his dr.g.

PapaBaby:
Only a mad president would print more notes so Tinubu has enough to buy his dr.g.

The USA, UK, EU and Japan are already doing it.

All of them are mad.

hisexcellency34:
Why didn't President Muhammadu Buhari in his address say anything about the advice given by Asiwaju Bola Tinubu on printing more naira to combat the Coronavirus pandemic

That to me is unfair

He did not have to say that. Printing money is an economic policy. The speech the President gave today is citizen address to communicate expectations. There is no room in the speech to be talking about monetary policy.

Tinubu is forcing himself to be noticed .. the cabal has sailed long ago..
a ship that has sailed cannot do a 360 for a jonzin being.

Questions
Why is he not carried along.. forget Yoruba hype on their oracle.

Where’s Osibanjo?

Where are his boys in Apc governments.. they’ve been sidelined long ago..

Kyari loyal Yoruba lord and savior .. and the yorubas knew this and hate kyari with absolute passion.

But still it changes nothing.
Op if you’re in the know..
your question ain’t relevant.

rusher14:


The USA, UK, EU and Japan are already doing it.

All of them are mad.

Easy to cite example

How’s their economy and how’s yours?

It's a dumb idea to pump money into tge system by printing them.

rusher14:
No president would ever announce it.

Matter of fact, that is the purview of the central bank govern or and even at that he would use economic terms to describe rtheir line of action.

OP would not know this because he is a functional illiterate obsessed with everything Tinubu.

Herdsmen:


Easy to cite example

How’s their economy and how’s yours?

Why not correct the person that said such presidents are mad first?

You see how your aim is first of disinformation before critical reasoning.

I said it yesterday that Nigeria would print money as every other economy would do the same.

Whatever your opinion on our economy is, this situation is not a situation of ceteris paribus.

All nations are reacting to the Coronavirus in an extreme way as such Nigeria would not be left behind.

Take that to the bank.

rusher14:


Why not correct the person that said such presidents are mad first.

You see how your aim is first of disinformation before critical reasoning.

I said it yesterday that Nigeria would print money as every other economy would do the same.

Whatever your opinion on our economy is, this situation is not a situation of ceteris paribus.

All nations are reacting to the Coronavirus in an extreme way as such Nigeria would not be left behind.

Take that to the bank.

Oga Buhari is a dull man and will always act act dull
Apc government know nothing about governance.. won’t be a biggie if they print money
If Nigeria survived 2014 2012 with great economic leadership ..

printing naira is act of myopic economic leadership. And daft governance

Apc wan sell Nigeria ni?

Herdsmen:


Oga Buhari is a dull man and will always act act dull
Apc government know nothing about governance.. won’t be a biggie if they print money
If Nigeria survived 2014 2012 with great economic leadership ..

printing naira is act of myopic economic leadership. And daft governance

Apc wan sell Nigeria ni?

Therefore the USA, UK, EU and Japan all have daft leadership.

You've said it all.

rusher14:


The USA, UK, EU and Japan are already doing it.

All of them are mad.

those countries have an already stable economy that will support the printed cash.
you want to print more money on your pay as you go economy?

what will you use in supporting the newly printed cash, to prevent inflation?
what is the value of your currency compare to those countries?

rusher14:


Why not correct the person that said such presidents are mad first?

You see how your aim is first of disinformation before critical reasoning.

I said it yesterday that Nigeria would print money as every other economy would do the same.

Whatever your opinion on our economy is, this situation is not a situation of ceteris paribus.

All nations are reacting to the Coronavirus in an extreme way as such Nigeria would not be left behind.

Take that to the bank.

Indeed. Every critical thinker will accept this. Those with ethnic, religious and political Axe to grind will inevitably disagree.

What people do not get, as the fundamental concept here, is that the socio-economic system inside Nigeria needs money to incentivize the buying and selling loop that is vitally important to keep Nigerians alive and prevent a break down in law and order.

What people need to understand, as a simplistic example, is that farmers can keep producing more if people maintain the ability to pay for farm produce etcetera etcetera.

Other sector will continue to operate too with the artificial cash boost to keep Nigeria alive from the inside. This is not a time to be worried about external trading or knock-on effect more Naira in the system Will have on the the economies of others.

rusher14:


Why not correct the person that said such presidents are mad first?

You see how your aim is first of disinformation before critical reasoning.

I said it yesterday that Nigeria would print money as every other economy would do the same.

Whatever your opinion on our economy is, this situation is not a situation of ceteris paribus.

All nations are reacting to the Coronavirus in an extreme way as such Nigeria would not be left behind.

Take that to the bank.

countries with scarcity of cash....in circulation.... are printing more money.

what will you use the more money to buy?

Lostz:
those countries have an already stable economy that will support the printed cash.
you want to print more money on your pay as you go economy?

what will you use in supporting the newly printed cash, to prevent inflation?
what is the value of your currency compare to those countries?

Every country is trying to inflate the system.

You must provide nourishment for a sick child to recover, that is universal.

Nigeria is not living on an island and the universal actions of others require a reaction from Nigeria.

Lostz:
countries with scarcity of cash....in circulation.... are printing more money.

what will you use the more money to buy?

Which of those counties suffers scarcity of cash than Nigeria?

Lostz:
countries with scarcity of cash....in circulation.... are printing more money.

what will you use the more money to buy?

It is not so much about what you use it to buy. It is about vital socio-economic activities (farming, manufacturing, security, access to Healthcare etal) you use the extra cash to sustain and assist to keep running for the survival of Nigerians.

Do you think you can go to a Nigerian hospital tomorrow and beg them to treat you free because you have not earned any money for the past three days?

How long before hospitals, farms, manufacturers etal close for business once they lose confidence in the ability of Nigerians to have the cash to pay for the goods and services they are offering?

rusher14:


Every country is trying to inflate the system.

You must provide nourishment for a sick child to recover, that is universal.

Nigeria is not living on an island and the universal actions of others require a reaction from Nigeria.

prices are still okay in US even with the announcement that more money will be printed.
price are already going up in Nigeria. you need a situation where there is more money and lesser things to buy?

other countries are printing more money to bail out their cash-starved citizens not to inflate the system.

what do you plan to do with the printed cash? you print more money because countries with a stable economy , good plan are printing?

rusher14:


Which of those counties suffers scarcity of cash than Nigeria?

there is no scarcity of cash in Nigeria. we even have a ₦1000 bill here..... the money is just valueless.

it is easier to make ₦100k than $100k

Lostz:
prices are still okay in US even with the announcement that more money will be printed.
price are already going up in Nigeria. you need a situation where there is more money and lesser things to buy?

other countries are printing more money to bail out their cash-starved citizens not to inflate the system.

what do you plan to do with the printed cash? you print more money because countries with a stable economy , good plan are printing?

Your statement is incoherent.

What is it with Nigerians and inferiority complex?

The rest of the world has been more damaged by this Coronavirus yet they are printing money.

Just this past week, we could see the US seeking medical practitioners from around the globe, this is to tell you the shortfall they are having and if the healthcare industry is so damaged, believe me, other sectors are suffering.

In 2 weeks of Coronavirus they have 3.3 million newly unemployed people, yet you underestimate your own country.

This is your opportunity to join the production train.

The world is reshaping in a way never before witnessed and largely unforeseen.

If there was a society that needed more money in the hand of its citizens, Nigeria would be it.

All of Europe and US saw a swooping of household items as the virus was approaching, in Nigeria, people had no money to stock up.

hisexcellency34:
Why didn't President Muhammadu Buhari in his address say anything about the advice given by Asiwaju Bola Tinubu on printing more naira to combat the Coronavirus pandemic

That to me is unfair

So if ure Mr President u would talked about someone's economic opinion in this official address.??

That ll b unreasonable if u..

Lostz:
there is no scarcity of cash in Nigeria. we even have a ₦1000 bill here..... the money is just valueless.

it is easier to make ₦100k than $100k

And easier to to make 1 yen than 1 dollar so what's the issue?

candidtalk:


It is not so much of what you use it to buy. It is about vital socio-economic activities (farming, manufacturing, security, access to Healthcare etal) you use the extra cash to sustain and assist to keep running for the survival of Nigerians.

Do you think you can go to a Nigerian hospital tomorrow and beg them to treat you free because you have not earned any money for the past three days?

How long before hospitals, farms, manufacturers etal close for business once they lose confidence in the ability of Nigerians to have the cash to pay for the goods and services they are offering?

in reality there is no extra cash unless you have a good economy to back it up. printing more cash means you need more money to buy things. price of vital commodities are already going up.


there is no cash scarcity. what we have is food scarcity

hisexcellency34:
Why didn't President Muhammadu Buhari in his address say anything about the advice given by Asiwaju Bola Tinubu on printing more naira to combat the Coronavirus pandemic

That to me is unfair

So if ure Mr President u would talked about someone's economic opinion in this official address.??

That ll b unreasonable of u..

Beside, I personally will not throw Tinubu opinion off, that guy is an experienced chattered accountant who has piloted the affairs of the most economically developed state in Nigeria.

He hardly talk, but wen he talk, he talk hope and power and authority, personally I'm still trying to understand why he suggested such, if I find none, I ll still be calm,.

SMH for Tinubu haters who felt Their Social Media rant can stop Tinubu, many if them are yet to even get a qualified university certificate.

Hate or like Tinubu, he has made his leadership and political footprint in the country, even greater than the presidential knowledge, Obasanjo can testify.

Even wen u hate him, listen and think, learn, u can't take the genius away from him.

I wish I have someone like him in my state. probably my state would av been a Lagos in the making.

Herdsmen:
Tinubu is forcing himself to be noticed .. the cabal has sailed long ago..
a ship that has sailed cannot do a 360 for a jonzin being.

Questions
Why is he not carried along.. forget Yoruba hype on their oracle.

Where’s Osibanjo?

Where are his boys in Apc governments.. they’ve been sidelined long ago..

Kyari loyal Yoruba lord and savior .. and the yorubas knew this and hate kyari with absolute passion.

But still it changes nothing.
Op if you’re in the know..
your question ain’t relevant.

Chai. This one go wail tire o, till 2023,

lol. Tinubu don do this one shege..

meanwhile , tinubu understand there are people like u so he has planned how to deal with ur 1vote . u can't u see as he left u irrelevant with no option thàn to wail??.. lol