SarkinYarki:
Buhari is running Nigeria like Idi Amin ..They are now printing empty fiat currencies just so they can loot but they still don't know the implications of this .....chei there is no hope for this economy again .. Zimbabwe and somalia will be a joke by 4th qtr

Kuginzi:

Mr man, "do not judge book by its cover". I guess you didn't go through the whole story.
This April, we will go to Abuja and share. By the end of this year, our total borrowings is going to be within N15-N16 trillion. Imagine a family that is just borrowing without any means to pay back and nobody is looking at that, everybody is looking at 2023, everybody is blaming Mr. President as if he is a magician,” he said.

aviara:
This is when we need the SAVE NIGERIA GROUP. Where are they now? We need to go stage another protest at ojota

NigeriaIsZOO:
Lol, the bastards in government now print money to share as a way of maintaining balance of payments

By the time these bastards are done with Nigeria, we will be using buckets and wheelbarrows filled with naira to buy bread

bakol:
Why didn't you reject your state share of the printed Money if you are really concerned about the economy Mr. Governor?

Every one of you guys is a major contributor to the economic woes in Nigeria. Can you openly tell your people how much was spent in your state last elections?.....

saaron:
An illiterate like late buhari can spend N90 billion to print N60 billion, just like when he wasted N16 billion to go after Tompolo's N3 billion. Not to mention the $250 million Abacha loot his bloody regime claimed was shared to the poor, only to go and borrow $250 million to fund a power project.
Late buhari's regime is not only the most useless on earth, [/b]it's the most useless regime in the history of human civilization[b].

oluwazt:
Most Nigerians don't know what's going on...THIS COUNTRY HAS NO MORE MONEY. They have borrowed last 4yrs to fund the budget mostly recurrent expenditures and now, realizing that they can no longer borrow and no global bank will lend them since the country is heavily collateralized that they have now resulted to illegal money printing to survive.

I can't wait for the money to dry up, that's when Nigerians will know truly what regions can survive without federal allocations.

bravehost4u:
Quantitative easing, every country does that

film3four:
Governor Obaseki of Edo state has said that Nigeria could go the way if Argentina if something is not done now to reposition the economy of Nigeria.

He went further to state that the federal government had to print 50-60 billion naira last month and shared to the states to top up on their allocation.


https://www.youtube.com/watch?v=IobDyrT_UrQ



https://dailytrust.com/obaseki-how-lack-of-funds-forced-fg-to-print-n60bn-for-states-to-share

SmartPolician:


I don't really believe in targeting tribes. Among the Fulanis, there are still bright minds. A good example is el-Rufai. That man is very intelligent, well-educated and smart.

Just like rational people do all over the world, we must focus on competence and antecedents. If not, this country will become another Venezuela, Argentina or Greece. Every Nigerian deserves a shot at leadership. We cannot judge an entire tribe because of the lackluster performance of a docile nonentity.

CodeTemplar:
In the biblical Egypt when money failed, it was due to draught. Ours is due to greed inspired mismanagement. We have water, rain, fertile land, good whether, crude for energy and many thing going but out money is failing or rather faileth like biblical Egypt. What an error.

Bouz:
the same greedy jagaban that dragged the southwest into this mess, is whom you all want to vote for 2023. suffer no dey tire una shaa

MrSamsung:
See I don't blame PMB as much as those person(s), people or groups of people, tribe and region that think that they are wise,sophisticated and political savvy that voted in this disaster, doing so out of sheer wickedness, hatred and tribalism.

Without them there is high chance that PMB would not have smell the presidency.

I hope and know that they are happy now, because they keep defending this man even here on nairaland in great numbers even going as far as thinking to elect those who were in the forefront in Buhari's campaigns and election.

How can a nation be sooo stupid

November1857:
There's what you always say at the end your comments that am missing ! Some thing like Disintegration of Nigeria will self life , I don't know how you used to put it...

dam4sam:


The current CBN Governor Godwin Emefiele is very complicit in this Racket and he must be made to account for his stewardship, at the appropriate time.

Any smart person should know to convert their immovable Assets into Foreign Current and save in a Domicilliary Account right now, if they dont have a foreign bank account.
Naira is almost Tissue paper right now, it is loosing value faster than anything

bizhop01:
I stop saving money in naira since 2015, only smart people understand this.

Malawian:

Something crossed my mind few minutes ago. Are we sure Buhari has not been removed from power? His medical trip that has now turned into Resting trip is beginning to look suspicious. This is against the backdrop of the British Military personnel that seems to be controlling the Government now in Abuja.

lonzo:
The Irony on this post.. the man printed money to share to 36 states.. Instead of Nigerians to hold their governors accountable, its person who approved the printing that his held responsible. Naija my country

MrSamsung:


I don't he has been removed from power.
How sure are you about the bolded? I really want to know

saaron:
DISINTEGRATION OF NIGERIA WILL SAVE MILLIONS OF LIVES FROM BOKO HARAM AND FULANI TERRORISM.

Malawian:

Just an opinion.

tempest01:
Instead of these people to fight corruption and reduce cost of governance, they are ready to run the country to the ground and create problems for the future.


The next administration should be prepared to round up these people and chase and recover their assets home and abroad to fund future expenses.