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Nairaland Forum / Nairaland / General / Business / Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy (15983 Views)
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Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by eben97: 9:18am On Mar 13, 2023 |
Moh247:SIR,they are not d problem,the system is.its been messed up over a long period of time n thus,it will fight back tru corrupt individuals who still have selfish motives.should our public leaders now be calling for old notes or new notes? they ought be asking for more new notes in circulationrather than crying foul on old notes. howmany legal business owners in this nation have d old notes on them ?You sef lambasting this people over their qualifications,how much of d old notes do u have on u as at today ? |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Judolisco(m): 9:18am On Mar 13, 2023 |
Moh247:we really went down very badly... From a minister of finance dat graduated from havard and MIT to dis lots |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by histemple: 9:21am On Mar 13, 2023 |
dangoteinlaw: Why not put our kind of economy in consideration. No African country at the moment can operate a full-scale cashless policy. Nigeria started this cashless policy in 2012 but it's implementation has been gradual and flexible. |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by haffaze777(m): 9:23am On Mar 13, 2023 |
I don't have much to say here,our online president has spoken my mind. 1 Like
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Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by boldtruthalways: 9:28am On Mar 13, 2023 |
FarahAideed:And they are pushing for a lunatic pro max to take over. God will save Nigeria. 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by NLegendforte: 9:34am On Mar 13, 2023 |
Jack500:Success is not by tribe. But how is emefiele an igbo man. |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Ssddff: 9:36am On Mar 13, 2023 |
dangoteinlaw: Are you ignorant or something? There are a lot of illiterates in the country that can’t operate a smartphone. Also, moving short distance of 50-100naira, do you expect people to be transferring that amount? 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by nedu666: 9:41am On Mar 13, 2023 |
dangoteinlaw: Wat nonsense. Even in uk u are allowed 250 quid daily withdrawal. Hve u seen any economy in the world that doesn't use cash or is experiencing cash scarcity |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by ConfidentialDoc: 9:41am On Mar 13, 2023 |
Moh247: It's a deliberate sabotage. |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by malvisguy212: 9:42am On Mar 13, 2023 |
Moh247:buhari no nothing about economy and yet you voted for him two times ? |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by EDUECO(m): 9:43am On Mar 13, 2023 |
jchioma:This is what the mediocre APC government doesn't know! Nigerian economy is mainly an informal economy mostly controlled by barely literate individuals. 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by EDUECO(m): 9:49am On Mar 13, 2023 |
juman:Buhari is synonymous with economic failure! He did it in 1984 and he has done it again in 2023. 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by EDUECO(m): 9:54am On Mar 13, 2023 |
DKM123:You're very observant! Buhari is another name for economic failure. 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by BossGerald: 9:56am On Mar 13, 2023 |
Jack500: Buhari nko? |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by lesson44: 10:06am On Mar 13, 2023 |
What a government! |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by yourshopkwikguy(m): 10:13am On Mar 13, 2023 |
Scamburster:He's from delta state agreed but the main point is why are you tribalistic |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by samonak(m): 10:14am On Mar 13, 2023 |
You people thought Buhari was joking when he said from Top to Bottom? By the time his administration is up you'll know what's up. To be frank, Nigeria needs to go on one week vacation to celebrate Buhari's exit after May 29th. 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by samonak(m): 10:31am On Mar 13, 2023 |
dangoteinlaw:Guy, sometimes I wonder if you have a brain in your head! So illiterate market woman selling Tomatoes that does not have an account will go and download palm pay ba? Abi na de ordinary cobbler mending shoes that will accept transfer ba? So assuming I am moving intra state from point A to B I go do transfer ba? Even United States that pioneer cashless transactions still use cash! Secondly, ask yourself, even if we are to go the cashless route, infrastructure - wise, are we ready for seamless cashless transactions? Someone will do transfer and it will take a week for the recipient to be credited! Guy abeg park well. |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Ikea81: 10:32am On Mar 13, 2023 |
I have been wondering if the CBN and president don't get report on economic activities weekly. To see the huge decline in commerce since this useless policy. Infact this report is not correct.....it's over 40trillon. I can tell you for a fact at the end of March there will be additional 5k job loss due to this policy. Buhari is a bastard! 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Blaze14k: 10:45am On Mar 13, 2023 |
So who is ready to talk about ipob seat at home?? |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Jeffyblaq(m): 10:46am On Mar 13, 2023 |
Anyone who's not calling PMB out on this naira redesign and the Mess that goes down wit it... Is just pouring water on stones... Cowards! Call Buhari who he actually is. Buhari is plain dumb with empty skull who knows nuthin. Simple as dat 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by mekybabe1: 10:46am On Mar 13, 2023 |
All i know is that one day, we will get to know the truth behind CBN's action naptu2: |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by samonak(m): 11:03am On Mar 13, 2023 |
Jack500:Ode, so Abdulkadir Ahmed ( CBN governor 82 - 93) was an IBO man when Buhari carried out the Naira redesign that had same disastrous impact of today back in 1984? Or is it the naira devaluation or SAP ( Structural Adjustment Policy) that led to the plummeting of the value of the naira and by extension our economy? Guy abeg no de reason with your anus and stop viewing everything from a tribal prism. Besides, it was an IBO woman Ngozi Iweala that bailed Nigeria from our crushing debt profile back in 1999, same woman ensured that the Naira - Dollar exchange rate didn't exceed #250 throughout GEJ's tenure. FYI i am a full blooded Idoma guy. |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Theunbothered: 11:12am On Mar 13, 2023 |
Moh247: This guy was sucking Buhari's dick for the past 8 years now he has turned wailer because Buhari's stupidity has finally caught up to him. A shameless useless and senseless cow. 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Bintexx: 11:19am On Mar 13, 2023 |
FarahAideed: And in 2023, INEC gave us his cousin (Balablu). 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Ishilove: 11:27am On Mar 13, 2023 |
I doubt this Buhari of a dullard is even aware of what is happening in the country. As for Emefiele, he is the worst CBN governor in Nigerian history 1 Like |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by Jack500: 11:36am On Mar 13, 2023 |
saintkel: That is your father |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by yemmit90: 11:37am On Mar 13, 2023 |
TheNiceGuy: Next time, you ignore that fool. Alot of them are still under their parents doing nothing tangible to improve their future. Their type are educated illiterates. 2 Likes 1 Share |
Re: Nigerian Economy “Loses N20 Trillion” As 70% Of Cash Sucked Away From Economy by zumbigbo(m): 12:16pm On Mar 13, 2023 |
Client moved his Film/TV post-production business from Lagos to Lome over Xmas/Jan. Said his costs have halved immediately. |
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