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Why The Central Bank Of Nigeria Should Be Banned - Joshua Best Premie - Politics - Nairaland

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Why The Central Bank Of Nigeria Should Be Banned - Joshua Best Premie by JoshuaBestPremi(m): 10:16pm On Sep 28, 2023
The Central Bank of Nigeria should be banned for the following reasons:

1. It is incapable of accomplishing its stated objectives:
- Ensure monetary and price stability.
- Maintain external reserves to safeguard the international value of the legal tender currency.
- Promote a sound financial system in Nigeria.

2. It is a cartel owned by all the big banks in Nigeria operating against Nigeria and the public interest.

3. It is the supreme instrument of usury.

4. It generates our most unfair tax.

5. It encourages war, especially that of February 2023.

6. It destabilizes the economy.

7. It is an instrument of totalitarianism.

They fail to accomplish the very reason they were created because these were never their true goals; their only goal is to make a profit for themselves.
Re: Why The Central Bank Of Nigeria Should Be Banned - Joshua Best Premie by SyrusdeHansome(m): 10:49pm On Sep 28, 2023
After banning the CBN what will the country stand to gain? Who will be regulating our monetary policy? Will everything all of a sudden bcom normal? Childish reasoning
Re: Why The Central Bank Of Nigeria Should Be Banned - Joshua Best Premie by JoshuaBestPremi(m): 11:04pm On Sep 28, 2023
Question: Who will be regulating our monetary policy?

Answer: The Goverment

Question: Will everything all of a sudden bcom normal?

Answer: No, but there will be improvement







SyrusdeHansome:
After banning the CBN what will the country stand to gain? Who will be regulating our monetary policy? Will everything all of a sudden bcom normal? Childish reasoning
Re: Why The Central Bank Of Nigeria Should Be Banned - Joshua Best Premie by SyrusdeHansome(m): 11:43am On Sep 29, 2023
JoshuaBestPremi:
Question: Who will be regulating our monetary policy?

Answer: The Goverment

Question: Will everything all of a sudden bcom normal?

Answer: No, but there will be improvement








If u hand over monetary policy regulation into the hands of our government it means u don't mean well for this country. U want the country to die kpatakpata. A government that can't do the basic things like provision of 10 hrs power supply nd building of oil refineries is who u bliv can handle our monetary policy.
Re: Why The Central Bank Of Nigeria Should Be Banned - Joshua Best Premie by Iamanoited: 7:28pm On Sep 29, 2023
EMEFIELE SHOULD BE ROASTED ALIVE.
AND BUHARI BANISHED FROM NIGERIA TO AFGHANISTAN.
Re: Why The Central Bank Of Nigeria Should Be Banned - Joshua Best Premie by JoshuaBestPremi(m): 6:09pm On Oct 05, 2023
Imagine if the Government are the ones supplying our currency, then they won't have issues with providing the basic things like the provision of 20 hrs power supply and building of oil refineries.

SyrusdeHansome:


If u hand over monetary policy regulation into the hands of our government it means u don't mean well for this country. U want the country to die kpatakpata. A government that can't do the basic things like provision of 10 hrs power supply nd building of oil refineries is who u bliv can handle our monetary policy.

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