maasoap:

[s]
Firstly, we need to make sure that your comments and submissions have nothing to do with bitter politics which an average Nigerian is known for.

Then, we need to remind you that the money you're going to hold this morning money was once printed.

Then, you all need to understand that bad currencies are removed from circulation from time to time and they're needed to be replaced so that there wouldn't be shortage of money in circulation. How exactly do you think government achieve that?

Then, all of just became expert on economy and monetary issue like you knew more than the CBN officials. Do you guys even know the process the government has to go through to print certain amount of money and release it into the circulation?

How much are we even talking about here? 60 billion naira! What is the Nigeria GDP again? You all can only go haywire like this if it is proven that this has become normal and frequent recurrent practice with the administration.

Do you all want the government to wait until there is no enough money in circulation when we all know bunch of bad currencies are being removed from the circulation from time to time?

Many Nigerians youth and common sense are like word and opposite, they give in too easily to their emotions. And of course, most of you can't comment without being influenced by politics though you will never admit it.
[/s]

livebyday:


Is it about supporting buhari or the fact that there are people intentionally sponsoring hate and insecurity in this nation?

You don't care about that ?

What is wrong with you ?

Emmanuelcann:
It is Götterdãmerung playing out before our eyes. The  unprecedented greed of politicians and impotence of a compromised legislative/judiciary have brought us to this sorry pass. Because of their looting we all have to go down!

maasoap:


Has it been confirmed that the printing of this 60 billion naira was unnecessary? When was the last time it was reported that Nigeria printed new notes and released into the circulation? How much is leaving the circulation monthly and yearly as bad currencies? Not all these governors even understand how the economy works.

Sheggy13:

You Igbos are not in anyway better than Yorubas or other ethnic groups in Nigeria when it comes to playing parochial politics, so don't play sanctimonious here. Your cry about this govt is simply because you don't have key positions in it. Nigerians are essentially greedy, sentimental and self-centred people, Igbos inclusive. The Atiku most of you were queuing behind in 2019. Wasn't it because his running mate, Obi is an Igbo man? Isn't Atiku a Northerner again? Please stop deceiving yourselves.

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

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

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

maasoap:


Firstly, we need to make sure that your comments and submissions have nothing to do with bitter politics which an average Nigerian is known for.

Then, we need to remind you that the money you're going to hold this morning money was once printed.

Then, you all need to understand that bad currencies are removed from circulation from time to time and they're needed to be replaced so that there wouldn't be shortage of money in circulation. How exactly do you think government achieve that?

Then, all of just became expert on economy and monetary issue like you knew more than the CBN officials. Do you guys even know the process the government has to go through to print certain amount of money and release it into the circulation?

How much are we even talking about here? 60 billion naira! What is the Nigeria GDP again? You all can only go haywire like this if it is proven that this has become normal and frequent recurrent practice with the administration.

Do you all want the government to wait until there is no enough money in circulation when we all know bunch of bad currencies are being removed from the circulation from time to time?

Many Nigerians youth and common sense are like word and opposite, they give in too easily to their emotions. And of course, most of you can't comment without being influenced by politics though you will never admit it.

SarkinYarki:


Trust me it's the same Buharib

franchasng:
Northerners have destroyed Nigeria but because Yorubas want to remain as VP or get one of their empty corrupt politician loyal to Northern politicians to become next president have remained silent.



Posterity will judge Igbos well because they have been talking, shouting, screaming on top of their voices while other Nigerians watched and laughed. Nigeria is dying oh, Northerners are about to bury the remains of dead Nigeria.



Just imagine what these wicked, incompetent corrupt Northern politicians are doing after looting Nigeria's Treasury yet they are always first to shout fight corruption

SarkinYarki:


My brother the governor was clear that the money was" printed to be allocated to states" and that's where the problem lies , that is clearly Idi Amin type monetary policy .... Printing to replace worn currency is whole lot different from this financial crime being perpetrated right in front of our eyes ..To print and replace the CBN would have to mop up 60 billion naira worn notes from circulation and replace them with same value but in the case obaseki mentioned the Buhari govt printed unbacked empty 60 billion worth of " tissue paper " and quietly injected it into state treasury which is a huge huge huge problem and if the govt repeats this for 12 months you can consider our monetary economy gone for good

I don’t know if he actually understood that and chose to be mischievous or he really lacks comprehension

Rugaria:
My own is that I just hope that Buhari will be the last Fulani to rule this unfortunate country!
His failure in government is cultural.. , it's a product of his warped base mindset.
Nomatter what happens, going forward, a hundred year moratorium should be placed on the Fulanis from every aspect of modern governance in the country! They actually need folks from other? They actually need folks from other forward looking parts of the country to govern them for a while, because let's face it, there are no success stories after all these years they have dominated governance in the country.

Twelfthman:
Lets vote a young person to power. These greedy old politicians are outdated and had no clue about what is going on around them anymore.. That is the only way this country can move forward... If you ask me i will say anyone above 50 years of age shouldn't be vote to power

TGM2015:
Print Naira to share allocation. This Obaseki can lie ooo.

Sọ, FG will call all state governors and hand them Ghana must go bags of money as allocation in Abuja. Then each of them will now transport it to their state.

Islamabadd:
Onatisi talk am say by the time Buhari finish with Nigeria, Nigerians' neck go long like rope


lol

Cc: Onatisi

onatisi:
i have not seen or heard anyone say or chant SAI BABA for almost a year now

Malawian:

When will you have sense?

Hassanmaye:

Which region can survive on their own in this country? Hmmm May God save us in this country

oluwazt:


Igbos can survive.

SmartPolician:


Open a dorm account.

The requirements are listed below:

1. You must have ONE valid ID (Driver's license, voter's card, Nigerian passport and National ID card)
2. 2 references with dorm or current account
3. Passport photograph
4 Utility bills (house rent or NEPA bill)

I don't know about other banks, but you must have a minimum of $100 balance that you cannot withdraw if you choose to open it with First Bank (that's the bank I use)


When you earn a reasonable amount to save, go to the aboki on the street, convert it to dollars and fund your dorm account. I know it's hard, but it's worth it. US dollars rarely depreciate against the naira. Even Nigerian government prefers to save in US dollars than our local currency. That's why we have foreign reserves.

If you have N10k in your account now, what that money can buy now will not be the same as what it can buy in December, 2021. Naira is depreciating at an alarming rate.