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Inflation Rose 67 Times Under Emefiele - Punch - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Inflation Rose 67 Times Under Emefiele - Punch (6686 Views)

Only In Nigeria Will A President Lie 3 Times Under Oath And Remain In Office / Tinubu: Nigeria’s Financial System Was Rotten Under Emefiele / How CBN Under Emefiele Bribed National Assembly Committee Members With N1billion (2) (3) (4)

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Re: Inflation Rose 67 Times Under Emefiele - Punch by Cassandraloius: 8:28am On Jun 19, 2023
Lol, but we all are fully aware that he was not the president, so how come? grin
Truly truly Emiefiele or whatever his name is called is a wicked soul!
Re: Inflation Rose 67 Times Under Emefiele - Punch by Primusinterpares(m): 8:28am On Jun 19, 2023
Emefiewele ...

Most useless cbn governor ever.

The souls of those affected during the naira swap era will forever hunt him
Re: Inflation Rose 67 Times Under Emefiele - Punch by ChybuzzDD(m): 8:28am On Jun 19, 2023
dre11:


https://punchng.com/inflation-rose-67-times-under-emefiele-says-report/

So, Emefiele was the President, and not the calamitous Buhari

Nonsense!

2 Likes

Re: Inflation Rose 67 Times Under Emefiele - Punch by 33Solomonf(m): 8:31am On Jun 19, 2023
(Veteran in the building)



We love you Emefulani
U be man
U really show us shege




(Veteran signout)
Re: Inflation Rose 67 Times Under Emefiele - Punch by Acidosis(m): 8:35am On Jun 19, 2023
They've now dum.ped all Nigeria's problems on Emefiele because they don't want to offend their failed Hausa-Fulani President and his Hausa Fulani Minister of Finance from Northern Nigeria.

They always look for the "easier" minority scapegoat to blame like Okonjo Iweala, Goodluck Jonathan, Emefiele, etc.

The failure that appointed a scammer and made himself petroleum minister for 8 years gets very little direct criticism and attacks from the media.

4 Likes 1 Share

Re: Inflation Rose 67 Times Under Emefiele - Punch by lizko(m): 8:40am On Jun 19, 2023
That's how the will divert everything, to hip on somebody. Nobody is calling Buhari.
amazingspiderma:
Under Emefile or under Buhari.

1 Like

Re: Inflation Rose 67 Times Under Emefiele - Punch by omoredia: 8:41am On Jun 19, 2023
Are these wicked people trying to blame Emefiele for Buhari's failure? Evil Nigerians

2 Likes 1 Share

Re: Inflation Rose 67 Times Under Emefiele - Punch by FireUpNow(m): 8:44am On Jun 19, 2023
Empror Meffy and PMB were complete and compound disasters.
Re: Inflation Rose 67 Times Under Emefiele - Punch by Holuwaxheun(m): 8:44am On Jun 19, 2023
jmoore:
Emefiele was the president of Nigeria?

Lol 😆 🤣 😂 . Thank you for clearly stating this. I was about asking the same question. Typical Mediocre minds- we always like blaming others for our failures instead of taking responsibilities.

2 Likes 1 Share

Re: Inflation Rose 67 Times Under Emefiele - Punch by HellVictorinho6(m): 8:45am On Jun 19, 2023
EyeCumInPiece:
Under Emefiele, abi under Buhari.
go and ask tinubu
Re: Inflation Rose 67 Times Under Emefiele - Punch by Abagworo(m): 9:03am On Jun 19, 2023
For purpose of clarity the economic team was led by Osinbajo and included others with Emefiele as CBN Governor who only implemented the banking aspect of their policy.


https://statehouse.gov.ng/policy/councils-committees/economic-management-team/

The Economic Management Team (EMT) is Chaired by Vice President Yemi Osinbajo, and has the following members:

Minister of Finance
Minister of Budget and National Planning
Minister of State for Budget and National Planning
Minister of Industry, Trade and Investment
Minister of Agriculture
Minister of Information and Culture
Governor of the Central Bank of Nigeria
Special Adviser to the President on Economic Matters
Director-General of the Budget Office
Director-General of the Debt Management Office
Director-General of the National Bureau of Statistics

2 Likes 1 Share

Re: Inflation Rose 67 Times Under Emefiele - Punch by HellVictorinho6(m): 9:03am On Jun 19, 2023
Holuwaxheun:


Lol 😆 🤣 😂 . Thank you for clearing stating this. I was about asking the same question. Typical Mediocre minds- we always like blaming others for our failures instead of taking responsibilities.
bunkum. why not get a bomb and destroy buhari + his property then? emefiele is not even in the real nigerian prison. he is faring beta than some workers out there.
Re: Inflation Rose 67 Times Under Emefiele - Punch by Abagworo(m): 9:06am On Jun 19, 2023
https://dailytrust.com/fact-check-is-osinbajo-head-of-fgs-economic-management-team/

FACT CHECK: Is Osinbajo Head Of FG’s Economic Management Team?

During a recent Arise TV programme titled “The Morning Show” hosted by Dr Reuben Abati, Ms Tundun Abiola and Mr Rufai Oseni, former All Progressives…

During a recent Arise TV programme titled “The Morning Show” hosted by Dr Reuben Abati, Ms Tundun Abiola and Mr Rufai Oseni, former All Progressives Congress Chairman, Comrade Adams Oshiomole claimed the Vice President, Prof. Yemi Osinbajo currently chairs the Federal Government’s Economic Management Team.

While answering a question posed by Ms Abiola, (what approach will the Tinubu campaign take since he will be running on the platform of the APC that has been in power for the past 7 years. Under his watch as the national leader of the APC, all the blames and the credits will be apportioned to him. Will the campaign be run on continuity or a departure from the last 7 years?), Oshiomole noted that “…in apportioning blame to people, you have to look at their roles. It is a fact that Asiwaju by himself said he cofounded APC, but he never participated in governance, never held any position in government, he didn’t carry out any contract on behalf of government, so how can you credit him? You can’t credit him either way.”

This is just being fair. It is not like the Vice President who announced that he has been given the responsibility by the President to chair the economic team. Not just the Economic Council that is in the constitution, but a special team put together by government and he chairs it. So, you can ask him to account for some economic policies. You can’t say someone who never in any way participated in government to be credited with the outcome of government policy or be blamed either way.”

However is this claim that Osinbajo is the head of the Economic team accurate?

Available public records indicate that the former Edo governor lied as the Economic Management Team of the Buhari administration headed by the VP in the first term had been dissolved since September 16, 2019.

The EMT was set up in 2016 by the President to coordinate the Federal Government’s economic policies with the VP as the chair before it was dissolved. The team was dissolved in 2019 and replaced with the Presidential Economic Advisory Council (PEAC)with Dr Doyin Salami as the chairman.

Below is the full membership of the PEAC, according to a statement by the presidential spokesperson, Femi Adesina, President Buhari appointed the following experts:

1. Prof. Doyin Salami – Chairman

2. Dr Mohammed Sagagi – Vice-Chairman

3. Prof. Ode Ojowu – Member

4. Dr Shehu Yahaya – Member

5. Dr Iyabo Masha – Member

6. Prof. Chukwuma Soludo – Member

7. Mr Bismark Rewane – Member

8. Dr Mohammed Adaya Salisu – Secretary (Senior Special Assistant to the President, Development Policy)

The statement by Mr Adesina added, “This advisory council will replace the current Economic Management Team (EMT) and will be reporting directly to the President.

1 Like 1 Share

Re: Inflation Rose 67 Times Under Emefiele - Punch by Bluntemperor: 9:08am On Jun 19, 2023
TemplarLandry:
The Leviathan of CBN is gone.
Good riddance to bad rubbishh.

Good Talk!
Mr Emefiele tenure was so disastrous that he met an Exchange Rate of N174 to a dollar but now left it at N700 and above and he was comfortable!
Even after the Cashless Naira Nonsense,he sat down on his seat!
What advice was he given the former President Buhari and why can't Buhari fires Most of the appointees for Non-performance is still a misery to Millions of Nigerians, Irrespective of tribes or entity!
They killed the Economy, that Nigeria have to rebuild from the scratch all over again- just like during Shagari -Era , when SawDust was being Imported into the Country!
No wanders over 30% of Youths are unemployed!
Shameful!
Re: Inflation Rose 67 Times Under Emefiele - Punch by Abagworo(m): 9:10am On Jun 19, 2023
Bluntemperor:


Good Talk!
Mr Emefiele tenure was so disastrous that he met an Exchange Rate of N174 to a dollar but now left it at N700 and above and he was comfortable!
Even after the Cashless Naira Nonsense,he sat down on his seat!
What advice was he given the former President Buhari and why can't Buhari fires Most of the appointees for Non-performance is still a misery to Millions of Nigerians, Irrespective of tribes or entity!
They killed the Economy, that Nigeria have to rebuild from the scratch all over again- just like during Shagari -Era , when SawDust was being Imported into the Country!
No wanders over 30% of Youths are unemployed!
Shameful!

When Buhari left in May Dollar was 441 Naira. Under Tinubu it has risen close to 700 Naira in less than 1 month.

3 Likes 2 Shares

Re: Inflation Rose 67 Times Under Emefiele - Punch by seguno2: 9:13am On Jun 19, 2023
amazingspiderma:
Under Emefile or under Buhari.

You dey mind our people who are labouring in vain to make Emefiele the fall guy for Buhari and APC’s incompetence.

Buhari not sound in economy, foreign affairs —Obasanjo

“I will tell you what I know and I will tell you what I don’t know. I know Gen. Muhammadu Buhari. He served under me in the military. His characteristics that I know, his behaviour that I know, he has not deviated from them. He was never a perfect man, he is not a perfect man and no leader can ever be a perfect man because they are human beings. But if you read my book, what I said about him is correct. He is not a hot person when it comes to economy.

https://punchng.com/buhari-not-sound-economy-foreign-affairs-obasanjo/?amp
Re: Inflation Rose 67 Times Under Emefiele - Punch by karkinase(m): 9:14am On Jun 19, 2023
Emefelie is so dull like his principal.. meanwhile next CBN Governor must be an Economist abeg

1 Like 1 Share

Re: Inflation Rose 67 Times Under Emefiele - Punch by seguno2: 9:17am On Jun 19, 2023
Abagworo:

When Buhari left in May Dollar was 441 Naira. Under Tinubu it has risen close to 700 Naira in less than 1 month.

Maybe this is the suffering he was voted to inflict on Nigerians, in addition to agbado plus cassava, APC

lalasticlala:
Insecurity: Recruit 50 million youths into army, Tinubu urges FG

All Progressives Congress chieftain, Bola Tinubu, on Monday, urged the Federal Government to recruit at least 50 million youths into the Nigerian Army to boost Nigeria’s fight against terrorism, banditry and all forms of internal and external security threats confronting the nation.

Tinubu spoke at the 12th colloquium to celebrate his 69th birthday in Kano State.

He said, “We are under-policed and we are competing with armed robbers and bandits to recruit from the youths who are unemployed —33 per cent unemployed?”

“Recruit 50 million youths into the army,” he stated, adding that “what they will eat —cassava, corn, yam, will grow here.”

The APC chieftain, while reacting to recent statistics by the National Bureau of Statistics that over 23 million Nigerians are jobless, also urged the government to create jobs for youths in the agricultural value chains.

He said, “Don’t talk about illiteracy, anybody who can hold a gun, who can handle a gun, who can cock and shoot is technically competent to repair a tractor in the farm.”

https://punchng.com/insecurity-recruit-50-million-youths-into-army-tinubu-urges-fg/
Re: Inflation Rose 67 Times Under Emefiele - Punch by talented321: 9:17am On Jun 19, 2023
The way they want to cage this manchi i fear o
Re: Inflation Rose 67 Times Under Emefiele - Punch by Exceed15: 9:31am On Jun 19, 2023
Sorry under Buhari.
Re: Inflation Rose 67 Times Under Emefiele - Punch by michoim(m): 9:39am On Jun 19, 2023
Emefiele, the devil incarnate (steal, kill &destroy)...
Re: Inflation Rose 67 Times Under Emefiele - Punch by Blackdisciple(m): 9:40am On Jun 19, 2023
Chaii... Emefiele 67 times is that not incompetency, everything about Buhari's administration is incompetency
Re: Inflation Rose 67 Times Under Emefiele - Punch by Reference(m): 9:40am On Jun 19, 2023
amazingspiderma:
Under Emefile or under Buhari.

As in eh.
Every pussy cat is becoming a tiger since the retired general retired again.
Why didn't they say all these back then when 'Meffy' was on the hot seat so he could school them as to 'who and what' was responsible for 'who and what'.

Because I have never seen such happen elsewhere where a referee will be blamed for the outcome of the game between government and the citizens.

For the avoidance of doubt the role of the CBN on inflation is as limited as the role of a electrical stabilizer in protecting an electric device from under or overloads. It has a range of latitude. It does not generate or consume energy just regulates to protect. So it can fail if the bounds are exceeded.

And I hope that as Emefiele is no longer there the present governor is holding inflation steady and it is no longer rising ....?
Cowardly citizens that cannot regulate their government in play but yap all over the place like hungry puppies when the damaging deed is long over and the actors in the tragic comedy have since left the stage.

Ask the average Nigerian if he is PRESENTLY advocating or demanding for inflation reduction measures from the present government.... no. Everything government does is GOOD in their eyes as they are all scared of their present king and will not talk until he leaves office and then the wailing starts.

Let Nigerians dig to find the productivity that accompanied the debt (they were all clapping for) that is almost ten times that of a decade ago. There they will find inflation in a casket. There is no central bank in the world that will have managed inflation serving a government like the one that just left.

Once again Emefiele did not ask Nigerians to instal a rubber stamp Legislature that approved every financial indiscretion that came its way. Their counterparts in the US fought tooth and nail to have Biden's excessive spending curtailed to give the Federal Reserve a fighting chance at reining in inflation and today they are well underway.

1 Like

Re: Inflation Rose 67 Times Under Emefiele - Punch by lomprico(m): 9:45am On Jun 19, 2023
Under buhari!

Emefiele worked under GEJ why didn't inflation rise then? Why did the inflation start from 2015 when dullardìnho took over power?

This people just want to punish emefiele for buhari's crimes.
Re: Inflation Rose 67 Times Under Emefiele - Punch by abobote: 10:44am On Jun 19, 2023
It was no longer under Buhari, it's under Emefiele.
So it was Emefiele that asked Buhari to close borders and other anti people's policies that made life difficult.

Buhari was the president, we had minister of finance and other economic advisers, why putting everything on Emefiele's head.

The only place Emefiele failed was accepting to carry out the change of currency that made Nigerians to suffer, including lost of lives
Re: Inflation Rose 67 Times Under Emefiele - Punch by freemanq(m): 10:59am On Jun 19, 2023
And we have a president and vice president who is a prof, which way Nigeria?
Re: Inflation Rose 67 Times Under Emefiele - Punch by MrPADDY(m): 11:02am On Jun 19, 2023
Was Emefiele or Buhari the president? You elected a dullard due to ethno-religious sentiment who handed over the government to cabals. Who is that technocrats that can give his best in such government? If you like, appoint a renowned global economist, with dullard and his corrupt cabals, he would still fail.
Re: Inflation Rose 67 Times Under Emefiele - Punch by Nakedtruths: 11:22am On Jun 19, 2023
dre11:


https://punchng.com/inflation-rose-67-times-under-emefiele-says-report/
Punch , you are mad, UNDER Emefiele How??
Where is BUHARI the president and minister of petroleum for 8 years

1 Like

Re: Inflation Rose 67 Times Under Emefiele - Punch by DOptical: 11:24am On Jun 19, 2023
Emefiele didn't try at all. Apart from the Naira scarcity policy, I learned he used 40 billions dollars to print 2 billions new notes.. imagine the level of corruption. What about the Forex misuse? So many corruption in this country.. Economy was also moribund under him. Anyway, He should release the money stolen or at least the looted money that's remaining if he's spent some of it and after that, he can go and rest in his house. But he should release our money first..

Also the inflation in the country needs to be curbed. I don't even know if we can inculcate the American system of one dollar note.. One of the ways to curb inflation and looting. We need our own 1 naira note.. All those multiple Naira notes such as, 100 naira note, 200 naira, 500 naira, 1000 naira etc need to be cancelled! I don't know what Obasanjo was thinking.. that was stupid.
Re: Inflation Rose 67 Times Under Emefiele - Punch by Godszilla: 11:40am On Jun 19, 2023
If this from Punchng.com they should hang their hand in shame. Disgrace and Total appalling.

Its Buhari's government not emefiele. How can a new paper supposed respected do this. Sad
dre11:


https://punchng.com/inflation-rose-67-times-under-emefiele-says-report/
Re: Inflation Rose 67 Times Under Emefiele - Punch by hafeeanubasy: 1:41pm On Jun 19, 2023
Didijiji:
See the new media propaganda to shift blames from the President, Finance Minister, the party and the head of economic team to the CBN governor because of tribe.

Omor honesty is far from Nigerians

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