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Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall (17714 Views)

My job, The Second Most Difficult on Earth - CBN Governor, Cardoso / Supply Shocks, Hyper-Inflation Cause Of Hunger, Hardship – CBN Governor, Cardoso / Babachir Lawal: CBN Governor Cardoso Has Patch-Patch CV (2) (3) (4)

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Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Bobloco: 7:25pm On Jan 31
VeryWickedMan:
You must be shite if Emefiele is far better than you are.

Someone with a patchy CV is what Tinubu handed the job of CBN governor to.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by BreconHills(m): 7:29pm On Jan 31
gaby:
Unserious fellows.

As if they do not know how they are behind it all.

Go read my unbiased take about the madness here

https://www.nairaland.com/7987102/galloping-naira-v-dollar-opinion#128220819

Well, you are right and speculators are running scared because there is no more arbitrage in the market as the official rate is now higher than the street rate. Beginning of the end for speculators. Let it get to 2000 and let us see who will get hurt.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by deewhydoski(m): 7:29pm On Jan 31
Mcslize:


Nothing can be done my brother. Na today? I can still remember those days when a dollar was 100 naira. That was 2009. But today, that same dollar is now 1500 naira.

The hardship no be here. People go hear whim, especially those that voted in APC.
Everybody go hear ham not only those that voted for APC.....We all buy in the same market

1 Like

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Royceey(m): 7:32pm On Jan 31
SENATE Should Empower him with LADDER and WALKING STICK to Prevent Naira from Falling.
Nonsense.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by julaion: 7:35pm On Jan 31
EmperorCaesar:
Obidients will call it audio and that its just smokescreen

The lowest group around
just like your low life dad gave birth to a dumb lower life fool like you too grin

2 Likes

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by RepoMan007: 7:36pm On Jan 31
Throwback:
When we are ready, both government and the people, we will detach ourselves from our fascination with the dollar exchange rates.
The fascination isn't optional. As long as local production is weak, importation and forex speculation will abound.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Biola67: 7:38pm On Jan 31
Igbo, Hausa & Yoruba. Everyone of them go feel am.. if you think say na only ronu people go suffer am, na play you dey play
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Biola67: 7:39pm On Jan 31
deewhydoski:

Everybody go hear ham not only those that voted for APC.....We all buy in the same market
Leave am make e Dey play😂😂 maybe na heaven e Dey shop from

1 Like

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by maasoap(m): 7:40pm On Jan 31
E reach them? I thought all they had to do was to be increasing their own take home pays every year now. Fools
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Advision: 7:43pm On Jan 31
Throwback:


Worse than Emefiele?

Who despite not floating the Naira, still managed to move us from N160 to N750 to a dollar?

About 500% devaluation.

Naira has been floated.

The government is not interested in defending the exchange rate with scarce dollars.

If you study maths well, you should know that at the rate Tinubu is going it can very easily be extrapolated to see he will do more than 500% in 8 years if he can do this much in less than 1 year

Be justifying rubbish there

2 Likes

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by SisterAnn(f): 7:46pm On Jan 31
Elsueno:


Do these guys not know that their own class are some of the major contributors to these abnormal sinking of naira to hell.


Imported luxury SUVs


Bogus allowances


Approving outrageous foriegn loan requests like kilode


Smiling when executives does 'ways & means' instead of checkmating them.


And they expect the naira not to SINK?




You forgot round tripping.

2 Likes

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by favor914: 7:48pm On Jan 31
JasonScoolari:
Olayemi Cardoso instead of owning up to his lack of capacity to stabilize the Naira, the funny looking clown was busy blaming Godwin Emefiele.

That's one of the first way to identify a chronic failure.

Do face like Smeagol in Lord of the rings.
Stabilize the Naira How? You produce nothing, you want The Federal Government to be subsidizing foreign exchange for you lazy people?

Go and find something to export, one question, how much forex did your state & Local Government make last year from exportation of commodities based on their comparative advantages?

1 Like

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Kingbuhari(m): 7:49pm On Jan 31
EmperorCaesar:
Obidients will call it audio and that its just smokescreen

The lowest group around
consider your self clueless coward if you are not buying dollar 1usd to 1naira


What am I even saying... Wetin concert agbero like you with dollar grin

1 Like 1 Share

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by favor914: 7:50pm On Jan 31
Advision:


If you study maths well, you should know that at the rate Tinubu is going it can very easily be extrapolated to see he will do more than 500% in 8 years if he can do this much in less than 1 year

Be justifying rubbish there
Lazy nation of people, your laziness is been exposed.

For lack of innovation, the people remain clueless.

1 Like

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Jlow2: 7:50pm On Jan 31
Emiefele is a thief but understands the kind of economy we have and how best to handle the financial institutions , this cardozo , the guy plans is not looking good

1 Like

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Naijanascam: 7:50pm On Jan 31
You can only give what you have...
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by favor914: 7:51pm On Jan 31
Naijanascam:
You can only give what you have...
Yes o, Lazy nation of people, wey no dey export anything.

Last year 30 states in the federation did not attract any foreign direct investment, yet na Tinubu fault say Naira dey crash?

Let them keep pointing their leper’s fingers.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Oghene86: 7:52pm On Jan 31
Islie:


https://dailytrust.com/senate-panel-summons-cbn-governor-over-naira-free-fall/

The Lagos city boy those not know anything and pride would not make him ask for help.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by ispreloaded(m): 7:54pm On Jan 31
JasonScoolari:
Olayemi Cardoso instead of owning up to his lack of capacity to stabilize the Naira, the funny looking clown was busy blaming Godwin Emefiele.

That's one of the first way to identify a chronic failure.

Do face like Smeagol in Lord of the rings.
LMAO 🤣🤣🤣🤣

1 Like

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Goodoldays(m): 7:55pm On Jan 31
EmperorCaesar:
Obidients will call it audio and that its just smokescreen

The lowest group around


When has summons by your senators ever resulted to someone going to jail??
It’s you and your tribal ilks that are with the lowest IQ to believe that anything will come out of this
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by favor914: 7:55pm On Jan 31
Oghene86:


The Lagos city boy those not know anything and pride would not make him ask for help.
Lazy people way no dey export anything, people no just get shame, una suffer never start.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Naijanascam: 7:55pm On Jan 31
favor914:
Yes o, Lazy nation of people, wey no dey export anything.

Last year 30 states in the federation did not attract any foreign direct investment, yet na Tinubu fault say Naira dey crash?

Let them keep pointing their leper’s fingers.




Just be try harder to be the government spokesman....
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by arantess: 7:57pm On Jan 31
EmperorCaesar:
Obidients will call it audio and that its just smokescreen

The lowest group around
This one no get comprehension
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by favor914: 7:58pm On Jan 31
Naijanascam:





Just be try harder to be the government spokesman....
Una no get shame, did I lie about no FDI for 30 states of the federation? Make you dey wait for president to help your subsidize the dollar for you, like Government has been doing since you were birthed.

You purport to want change, but want to keep doing the same thing.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by CorrectionFLuid: 7:59pm On Jan 31
JasonScoolari:
Olayemi Cardoso instead of owning up to his lack of capacity to stabilize the Naira, the funny looking clown was busy blaming Godwin Emefiele.

That's one of the first way to identify a chronic failure.

Do face like Smeagol in Lord of the rings.

Lol. So true... Una get eye o.

1 Like

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Validated: 7:59pm On Jan 31
Throwback:


Worse than Emefiele?

Who despite not floating the Naira, still managed to move us from N160 to N750 to a dollar?

About 500% devaluation.

Naira has been floated.

The government is not interested in defending the exchange rate with scarce dollars.

Keep deceiving yourself. Emefiele left $+ ~ N357. Go and verify!

1 Like

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by ispreloaded(m): 7:59pm On Jan 31
favor914:
Stabilize the Naira How? You produce nothing, you want The Federal Government to be subsidizing foreign exchange for you lazy people?

Go and find something to export, one question, how much forex did your state & Local Government make last year from exportation of commodities based on their comparative advantages?
this one is busy blaming state... What has ur federal government done?.... We never see anything until we all go get sense vote the right people in power .... nothing is gonna change
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by fearlessfang: 8:00pm On Jan 31
deewhydoski:

All you these igbo self
If I know this is how you guys will be behaving I wouldn't have voted obi self. Why bringing curse on the country, we are all in Nigeria, if you are praying for calamity on the country we will all suffer it together. We all buy in the same market. Why can't we strategize and win in 2027 instead of lamenting up and down
Peter Obi is a billionaire, he is not suffering with you. His kids and families are not suffering it, you are the clowns that elected a geriatric residents as president.

Enjoy your hardship, insecurity, and inflation

1 Like 1 Share

Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by Kionrae: 8:00pm On Jan 31
E go reach ,,3k before December
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by ejimatic: 8:01pm On Jan 31
Islie:


https://dailytrust.com/senate-panel-summons-cbn-governor-over-naira-free-fall/
The brunts of Tinubu policies are becoming unbearable for the masses. The presidency should do the needful. We cannot be deceived. again as Buhari cajoled us for 8 years.
Re: Senate Panel Summons CBN Governor Cardoso Over Naira Free Fall by fearlessfang: 8:01pm On Jan 31
Calitoscassius:
Ooo!! Yes! It will get worst, hopefully Naigeria will end up like Zimbabwe, Zimbabwe has since resorted to using US dollars as their own currency has no value anymore.
Since Nigerians decided it’s a senile old druggie and a certificate forger is who they want as president.

They should enjoy the sufferings

1 Like

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