grandstar:


Increasing the minimum wage will push the Naira further down. It's like throwing a drowning man a rock

sinkhole:
Naira will still slide further
If you read the above report, you will discover that the blame was technically taken away from the CBN and gently transfered to the ordinary Nigerians, the report claimed that CBN has done all that it could do to strengthen the Naira but Nigerians behaviour is causing CBN problem!
The above report is similar to Buhari's statement that he has done all he could do about security and there is nothing more he can do

OMOADEPOJU:
Nonsense.

Jessyjeff:
Folks, get ready for an exchange rate of 1,000 Naira to $1. They will soon introduce 5,000 Naira bill (note) . Next year's inflation rate could reach 25-27%, especially if one of the axis of evil is voted into office.

michjunior:
They are not trying to tackle the main source of the problem...how will the naira not continue to fall when they keep on borrowing money recklessly for funding of recurrent expenditures?? Sometimes I wonder if the CBN governor really read Economics in school?? As long as they keep on borrowing to service recurrent expenditures and plunging themselves into more and more debt the naira will continue to fall until it becomes useless

vivaciousvivi:

our crude exports are now more than imports causing an imbalance to our terms of trade. So long as we don't make enough forex revenue, dd will always outweigh ss for forex.
Additionally, borrowing isn't bad so long as you are using it to fund progressive capital infrastructure like hydro Electric dams, Inter road network, power projects and education.
Emefiele is a curse!

BigIyanga:

Borrowing is bad cos in our case, 95% goes to recurrent expenditure and debt servicing .. we’re broke. It’s like a man funding his household from borrowed money. Borrowing from peter to pay paul

LZAA:
APCheat minions like Afamed,helinues, and FREESTUFFS have been silent lately
Sai baba
Sai APCheat

Afamed:


Same Bla Bla Bla Bla Bla Bla Bla Bla

PARADIZEPRIEST:
LET US FACE THE ULTIMATE FACT HERE1
DO YOU PEOPLE KNOW THAT BUHARI DOES NOT HAVE A SINGLE INTERNATIONALLY SOUND ECONOMIST IN HIS CABINET?THAT IS WHY YOUR ECONOMY IS SUFFERING,HE SURROUNDS HIMSELF WITH LITERATURE GRADS (MINISTER TRANSPORT),YA CBN GOVERNOR NA INSURANCE LECTURER.
OBJ HAD SOLUDO(PROF OF ECONOMICS HOME AND ABROAD
JONATHAN HAD OKOJO IWEALA(PHD NIGERIAN-AMERICAN ECONOMIST),
YOUR PRESIDENT DEY LOOK TRIBE INSTEAD OF COMPETENCE,HIS FINANCE MINISTER WOMAN MALLAM IS NOT EVEN FCA,OR FCCA.
THAT IS WHY THINGS ARE LIKE THIS. LATE ABA KTARI WAS DOING ECONOMICS FOR BABA BUT AFTER HE GO,BABA HAS NO ECONOMIC COMPANION ADVISER,HIS LONELY because HE TRUST ONLY ONE OR TWO PPL AROUND HIM.
IS WHAT YOU FEED TO ECONOMIC SYS THAT IT WILL VOMIT BACK TO THE PPL.
IF YOU FEED YOUR ECONOMY WITH WRONG PEOPLE,YOU GET WRONG RESULTS.