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Economic Crisis: During Emefiele Regime, Banks Print Money In Trillion Which Abo - Politics - Nairaland

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Economic Crisis: During Emefiele Regime, Banks Print Money In Trillion Which Abo by OndoNews: 2:06pm On Nov 24, 2023
Economic Crisis: During Emefiele Regime, Banks Print Money In Trillion Which Above CBN Standard – Soludo

Yesterday Governor Soludo in interview with TVC explain some lapse of reason why country suffers economic crisis.

Governor Chukwuma Soludo said in the Emefiele years in CBN, the bank was just printing money, in trillions, far above the legal limit.

“We must realise where we are coming from,” he said.

“We sat here in this country and  saw  the monetary authorities literally printing money, illegally I must say, because I superintended the development of  drafting of the 2007 Bank Act.”

“And to prevent us from where we are today, that is why we had an explicit clause there that prevents Central Bank  from lending recklessly to the Federal Government.

Click Below Link To Read Full Details

https://rovingupdates.com/economic-crisis-during-emefiele-regime-banks-print-money-in-trillion-which-above-cbn-standard-soludo/
Re: Economic Crisis: During Emefiele Regime, Banks Print Money In Trillion Which Abo by Lovemeharder(f): 2:13pm On Nov 24, 2023
I'm tired of this country.
Re: Economic Crisis: During Emefiele Regime, Banks Print Money In Trillion Which Abo by IVORY2009(m): 2:16pm On Nov 24, 2023
Lovemeharder:
I'm tired of this country.

Pelle grin
Re: Economic Crisis: During Emefiele Regime, Banks Print Money In Trillion Which Abo by eliyke(m): 2:47pm On Nov 24, 2023
But no be d same tinubu being Dey advice fg to print more naira notes den,during recession?

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