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Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity (20240 Views)

FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget / NNPC Secures $3bn Loan To Stabilise The Naira / FG Pledges More Dollar Supply To Stabilise Naira (2) (3) (4)

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Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by RepoMan007: 5:44am On Feb 21

“These improved returns will then be directed towards crucial funding for education, healthcare, housing, power, roads and other areas vital to lifting millions out of poverty,” Tinubu said.

“And stimulating sustainable economic development and job creation for the youths.”
Howvwill this reduce poverty. Lootables projects is allbi see.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Ed12(m): 5:45am On Feb 21
The government of future tenses..


We will

We shall 😎😎😂
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Geovanni412(m): 5:58am On Feb 21
Origin:
Short term fix.


As long as everyone continues to use importer rather than local goods. The demand for fx will always stack higher than the naira....

From your gate to your living room to your bedroom everyone uses 90% imported in their homes. Even when local is available and cheaper. We all still opt for these imported items.......



We all know the solution but the fruit of corruption is to steal as to use all that glitters that is not gold....

Buy local to grow the Naira.


And it is still the same corruption that has our fx rising because our main trade partner is China and we should be concerned about the yen but our loans and corruption is in dollars.

Buy local...

Where are the local products in the market that we have abandoned?

Mention ten items which are local that we should buy more often to boost the power of the naira.

1 Like 1 Share

Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by onuman: 5:58am On Feb 21
Did you have to announce the plans first?
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Johnjustice: 5:59am On Feb 21
Tinubu is either scared of some people or he loves them too much to the detriment of Nigeria. Currency hoarders are making a mockery of your government, you are forming liberal, and don't want to take action.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Tobest94: 6:00am On Feb 21
Geovanni412:


Buy local...

Where are the local products in the market that we have abandoned?

Mention ten items which are local that we should buy more often to boost the power of the naira.
you dey mind him. Local producers are very greedy people. If not why can’t cement be sold for 4k? Why did they settle for 7k to 8k? If I were the president, I’ll open border and lift duties on importation of cement immediately
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by tellwisdom: 6:02am On Feb 21
Raise it from where? Donation or from the money you stole from lagos?

Still wondering how people voted this thief who made a whole state meant for the populace; his own property.

2 Likes

Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by emerged01(m): 6:06am On Feb 21
malali:
Even if you raise 100 billion dollars.

As long as there are a few Nigerians with 10 billion naira cash at home, they will change it to dollars in no time.

And we are back to square one......The Banks are complicit as well, our banks need the "sanusi" treatment, Flush out culpable CEO/MD's

You have to address the looters, the corrupt officials, the money launderers, the currency traffickers, the currency hoarders.

Stop pretending they dont exist or they are untouchable.

These people are making a fool of your government and your strategies. You are now spending more than the "removed" subsidy to stabilize the naira....lol

Exactly! If Fg cant fight corruption Nigeria will remain the same.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by jesmond3945: 6:08am On Feb 21
Origin:
Short term fix.


As long as everyone continues to use importer rather than local goods. The demand for fx will always stack higher than the naira....

From your gate to your living room to your bedroom everyone uses 90% imported in their homes. Even when local is available and cheaper. We all still opt for these imported items.......



We all know the solution but the fruit of corruption is to steal as to use all that glitters that is not gold....

Buy local to grow the Naira.


And it is still the same corruption that has our fx rising because our main trade partner is China and we should be concerned about the yen but our loans and corruption is in dollars.
shatap. Try and hold your leaders to account for once.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by jesmond3945: 6:09am On Feb 21
flokii:
May your efforts yield positive results.
The other one with questionable philosophy certificate would have buried our economy patapata had it been he won. Medical doctors, lecturers, labour etc. for don dey strike now.
We dodged a bullet.
you would eat renewed hope tire. Talk and no action. Then garnish it with sweet propaganda.

1 Like

Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by ABC101FF: 6:17am On Feb 21
DJ Khaled! Another one!
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by optimusprime2(m): 6:17am On Feb 21
First of all, with the wastefully expensive style of Government being run by BAT, it will be easier for a mosquito to join Manchester United than for this Government to raise 100million usd ... not to now mention 10Billion usd. grin

Nigerians should prepare for unprecedented hardships, because this administration are undisputedly clueless on how to address this mess they caused.

Imagine Shettima talking about the government raising funds grin
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Focusmind: 6:18am On Feb 21
To even be making these statements through Shettima makes it to be another political statement. I expected this kind of major intervention to come directly from the president's mouth. Currency devaluation is the major challenge Nigeria is facing now and it is only the president or at worst, the CBN governor, that should be giving statement on what the government is doing to stabilise it.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Teymanhenry(f): 6:21am On Feb 21
Poor calculations by a so-called accountant and his team. Seems Nigeria will end up spending more money subsidizing other goods than fuel itself.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Ken4Christ: 6:21am On Feb 21
The FH don't even know where their problem is coming from. How does raising 10 billion naira stabilize the exchange rate. Even if it does, is it a permanent solution. Will it bring the value of naira to what it was in the Late 70s and early 80s. The Western world has made us perpetual slaves and we are dancing to their tones.

Our leaders don't have the will power to do what it right because the situation doesn't affect them. They seat on the wealth meant for everyone and squander it. They are so myopic in their thinking.

The way forward is industrial revolution. And stop exporting our products in Naira. We are worshipping dollars. It must stop.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by easiest(m): 6:22am On Feb 21
When? Their is no time as you can see
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Iamanoited: 6:25am On Feb 21
"Tinubu-well-raise-10bn-to-stabilise-naira-boost-fx-liquidity".

Don't stabilise NAIRA, TAG THE NAIRA NOW AT N500:$1 AND
BOOST NAIRA LIQUIDITY.
THESE ARE TINUBU'S RIGHT TO FASHION. NOT EDUN, NOT CARDOSO.

Orisa37
NAIRA IS NIGERIA SOVEREIGNTY.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Agbegbaorogboye: 6:56am On Feb 21
Origin:
Short term fix.


As long as everyone continues to use importer rather than local goods. The demand for fx will always stack higher than the naira....

From your gate to your living room to your bedroom everyone uses 90% imported in their homes. Even when local is available and cheaper. We all still opt for these imported items.......



We all know the solution but the fruit of corruption is to steal as to use all that glitters that is not gold....

Buy local to grow the Naira.


And it is still the same corruption that has our fx rising because our main trade partner is China and we should be concerned about the yen but our loans and corruption is in dollars.
Most Nigerians use local goods more than imported
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by maktop(m): 7:00am On Feb 21
Tinubu economic team are clueless. We are in for a long ride in this country .May God help us.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by jaxxy(m): 7:04am On Feb 21
So tinubu is so clueless like this? undecided
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Acidosis(m): 7:12am On Feb 21
I saw the Naira rise to N1400 against the USD in my dream. So we may actually get some results.

The plan should be to leave the country or protect yourself before BAT and his cronies exhaust the N10bn and the resultants gains. The aftermath of these superficial gains will be tragic.

1 Like

Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by THeUNIFIER: 7:20am On Feb 21
flokii:
May your efforts yield positive results.
The other one with questionable philosophy certificate would have buried our economy patapata had it been he won. Medical doctors, lecturers, labour etc. for don dey strike now.
We dodged a bullet.

Olodo rabata. Na so una sai baba till him destroy the country come hand over to Tinubu to bury am completely. If to say u wise small u for know say Tinubu has not gotten anything right since he assumed office.
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by tuborme: 7:20am On Feb 21
flokii:
May your efforts yield positive results.
The other one with questionable philosophy certificate would have buried our economy patapata had it been he won. Medical doctors, lecturers, labour etc. for don dey strike now.
We dodged a bullet.

You dodged a bullet and took a missile!

See as I just Dey look you

1 Like

Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by SemperFid: 7:21am On Feb 21
bankyblue:


So u know that he will use 8 years?

Its only 8 months and you're already threatening hell over 35k change

By 8 years wetin u go threaten. E sure me say you won't even be alive anymore
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by chidiokay: 7:25am On Feb 21
malali:
Even if you raise 100 billion dollars.

As long as there are a few Nigerians with 10 billion naira cash at home, they will change it to dollars in no time.

And we are back to square one......The Banks are complicit as well, our banks need the "sanusi" treatment, Flush out culpable CEO/MD's

You have to address the looters, the corrupt officials, the money launderers, the currency traffickers, the currency hoarders.

Stop pretending they dont exist or they are untouchable.

These people are making a fool of your government and your strategies. You are now spending more than the "removed" subsidy to stabilize the naira....lol



As in the stupidity of these govt is alarming, why are they so hell bent to fill a basket with water ...
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Dengoh(m): 7:33am On Feb 21
You are obviously not ready to fix the problem.
What happens to the round tripping of dollars.

You and your cronies are as guilty as changed
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by elinaxy(m): 7:34am On Feb 21
Someone should tell this man that campaign is over , he is now in charge of governance and action needs to be taken instead of promises. Less talk and more action. People want to see things working not the opposite. Take action and stop saying we will.

1 Like

Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by chidiokay: 7:36am On Feb 21
Origin:
Short term fix.


As long as everyone continues to use importer rather than local goods. The demand for fx will always stack higher than the naira....

From your gate to your living room to your bedroom everyone uses 90% imported in their homes. Even when local is available and cheaper. We all still opt for these imported items.......



We all know the solution but the fruit of corruption is to steal as to use all that glitters that is not gold....

Buy local to grow the Naira.


And it is still the same corruption that has our fx rising because our main trade partner is China and we should be concerned about the yen but our loans and corruption is in dollars.


OGa there is more to our problem than local production, mind you when our borders were fully opened and little or no ban on items .... our Naira was Stronger than most africa countries and food were cheap.

Since Govt came up with measures to reinstate local production its being hardship upon hardship, since buhari started it we have gained absolutely nothing

looking back local production as being a curse to Nigerians cos nothing works here

1 Like

Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Osashalom: 7:41am On Feb 21
He wants to borrow more money for them to steal again
Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by Owopumpy: 7:45am On Feb 21
malali:
Even if you raise 100 billion dollars.

As long as there are a few Nigerians with 10 billion naira cash at home, they will change it to dollars in no time.

And we are back to square one......The Banks are complicit as well, our banks need the "sanusi" treatment, Flush out culpable CEO/MD's

You have to address the looters, the corrupt officials, the money launderers, the currency traffickers, the currency hoarders.

Stop pretending they dont exist or they are untouchable.

These people are making a fool of your government and your strategies. You are now spending more than the "removed" subsidy to stabilize the naira....lol

Na scam.....only lies comes out of that mouth as president

They know what they are doing.....they are all 419s

Re: Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity by HopeGying: 7:48am On Feb 21
"Tinubu also said there are plans to create millions of jobs by unlocking the value of Nigeria’s vast public assets."

Copy and paste recycled rhetoric grin grin grin

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