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We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso (13362 Views)

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Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by fitinwell: 11:45am On May 22
AcuraZDX:


https://saharareporters.com/2024/05/22/we-have-no-magic-wand-tackling-inflation-will-take-time-central-bank-governor-cardoso#google_vignette

See Arrogant spellings everywhere... Anyways you are not to blamed.... U earn Fat salaries aside honoriums... It is not possible to feel someone elses pulse.. Many Out of Jobs, even those are still employed barely manage this economy inflation of food and commodities..

I wonder .. why Magic wand cannot work here... But you people can work your way through from INEC to Supreme Court.

When u hear Emi lo kan you will think there is Magic wand somewhere to fix Nigeria..

But clearly all of these are Scam.

If you guys are confused then reset the system back to how Buhari left Nigeria period.

1 Like

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by franudi: 11:46am On May 22
The reality has started manifesting.
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by luskysylver(m): 11:47am On May 22
HAHAHAHAHHA. ONA PAPA. SO ONA OGA NO GET MAGIC WAND. HAHAHAHAHHAHA
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by michoim(m): 11:48am On May 22
But you have magic wand in raising Circulars for taxations...nonsense
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by ourcrudeoil: 11:53am On May 22
What does he know?

Nothing Nothing...
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Anunakeeh: 11:55am On May 22
AcuraZDX:


https://saharareporters.com/2024/05/22/we-have-no-magic-wand-tackling-inflation-will-take-time-central-bank-governor-cardoso#google_vignette

Una don hear the fact.

Tighten your sit belts because it's going to be a whole new reloaded shege😂

Many poor married men would run away from their homes in the next few weeks.
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by wizelink(m): 11:55am On May 22
Same promise since the inception of this administration. One year gone same old story
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by ChybuzzDD(m): 11:58am On May 22
helinues:
Abi

Rome wasn't built in a day now

But the clueless idiot started by making mouths and condemning Emefiele, and all of you were celebrating then

1 Like

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by happney65: 11:58am On May 22
The Inflation you caused by yourselves

Eni jere
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by obaidan: 12:01pm On May 22
Stop talking like ds now Cardoso, the hediots followers of the person that appointed you say u get the magic wand
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Procashtips(m): 12:04pm On May 22
The government of error and trial

1 Like

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by obaidan: 12:04pm On May 22
danijesus:
Oloriburuku patch patch CBN governor
He cannot do shit, nobody can do shit about it. It is up to the president and the coordinating minister of the economy. It's a holistic thing, other agencies have to contribute to forex generation before anything can happen.
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Theoarhics: 12:07pm On May 22
Resign. No excuse for incompetent and failure
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Afonja007: 12:10pm On May 22
Tinubu built lagos built china built Japan time for him to build nigeria cement finished
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Confirm4real(m): 12:12pm On May 22
Until hunger kill Agbadorians finish abi cheesy

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by casualobserver: 12:16pm On May 22
Treadway:
normal normal I have been reading your lies and distortions, but this one irked me so bad that I had to break my code of engaging with certain types of elements like you on here. Just to puncture your lie, and for others to learn, kindly show us inflation rates of these countries you mentioned that have been battling inflation of just a measly 20% not even our current 34% since 2021.


I already explained all in my thread
https://www.nairaland.com/8017949/way-nigeria-people-govt-got
, esp how I told all who cared to listen that Cardunce-o is at best an australopithecus in a suit...and it feels good to know that I have been vindicated.

I have added the inflation rates for 4 countries, warring Ukraine included as of today

Inflation is relative. When Nigerias inflation was 14-17% for example, the west had an average inflation of 2%. Now it is about 3% in the west and to them it is a big deal enough to derail their economies. For us 3% is paradise because we have never had 3% inflation in my life time and I am no spring chicken. During Nigeria’s best economic boom since 1999 our lowest inflation rate was 7.8%. Western economies will collapse if their inflation gets to 6%….it almost did when it recently got to 5% which is the battle they have been fighting for 3 years and still have not succeeded (they are still @3%). Their target is 2%. In the US inflation is 3%, car sales have fallen, house sales have fallen, basic food items have skyrocketed. And this is just 3% inflation. We have 33% inflation but a growing economy, yet the US @ 3% inflation is tethering on the edge of stagflation…..assuming you know what that means!


They are a debt economy, we are a cash economy. In the west just 1% change in inflation can be the difference between a man losing his house and having his car repossessed. It is not so In Nigeria because we pay cash for every thing. Interest rates and inflation work differently in Nigeria and the west. So they are not like for like.

Therefore Mr wannabe Ignoramus economist, I suggest If you don’t understand economics do not comment on matters of economics just because you can pull up figures from the internet. You have to have understanding of the figures. This is not a beer parlour matter, you need to understand the meaning of the figures you are quoting and you clearly do not.

3% inflation is enough for Americans to cut down on basics like milk.

1 Like 1 Share

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Navalsadiq(m): 12:19pm On May 22
Sir you are incompetent
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by TrackerSK: 12:21pm On May 22
helinues:
Abi

Rome wasn't built in a day now
You guys have been building it right from buhari time
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by anonimi: 12:22pm On May 22
helinues:
Abi

Rome wasn't built in a day now

Nine years of APC failure at the federal level and 25 years of their failure in Borno plus Lagos, is this all you can come up with

Life is tough for defenders of the indefensible.

Emergingnation:
Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party

National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.

During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.

He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.

His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.

“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.

“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.

“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.

Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.

https://dailypost.ng/2021/09/01/flashback-how-bola-tinubu-spoke-highly-of-buhari-in-2015-named-pdp-poverty-development-party/

1 Like 1 Share

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Paparazi2011(m): 12:24pm On May 22
KHAYGOLD:
Yet your boss quickly went to announce the removal of fuel subsidy, not considering the consequences it could
have on the people. Awon mthfkr.
The most worst part of it is that this subsidy is being paid through back door
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by AerialMapper: 12:25pm On May 22
Nobody remembers voting for magicians oo.. Neither were you appointed based on your qualification as a Magician so talking about magic wands now is silly.

Anyway, when you put incompetent people in positions where they are not suitable, you hear them talking about magic wands...

Cardoso Peller
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Forumites: 12:27pm On May 22
Successive governments always use this slogan involving “magician”. That’s not what they promised. Idiats.

1 Like 1 Share

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by anonimi: 12:27pm On May 22
casualobserver:
Inflation is relative. When Nigerias inflation was 14-17% for example, the west had an average inflation of 2%. Now it is about 3% in the west and to them it is a big deal enough to derail their economies. For us 3% is paradise because we have never had 3% inflation in my life time and I am no spring chicken. During Nigeria’s best economic boom since 1999 our lowest inflation rate was 7.8%. Western economies will collapse if their inflation goes above 6%….it almost did when it recently got to 5% which is the battle they have been fighting for 3 years and still have not succeeded (they are still @3%). Their target is 2%. In the US inflation is 3%, car sales have fallen, house sales have fallen, basic food items have skyrocketed. And this is just 3% inflation.

They are a debt economy, we are a cash economy. In the west just 1% change in inflation can be the difference between a man losing his house and having his car repossessed. It is not so In Nigeria because we pay cash for every thing. Interest rates and inflation work differently in Nigeria and the west. So they are not like for like.

Therefore Mr wannabe Ignoramus economist, I suggest If you don’t understand economics do not comment on matters of economics just because you can pull up figures from the internet. You have to have understanding of the figures. This is not a beer parlour matter, you need to understand the meaning of the figures you are quoting and you clearly do not.

Is your ebiNpawa suffering and smiling also relative just as inflation is relative?

Since we are a cash economy, inflation is working differently as seen in the prices of goods & services in your own area, not so?

Using intelligent words to defend suffering does not take the suffering away, whether relative or real.

1 Like 2 Shares

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by kingxsamz(m): 12:28pm On May 22
Mu.mu people. This is the song the useIess administration of Tinibooo will be singing for 3 more years.

1 Like 1 Share

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Honestey: 12:29pm On May 22
Mr president should have said this during campaign

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Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by anonimi: 12:30pm On May 22
Forumites:
Successive governments always use this slogan involving “magician”. That’s not what they promised. Idiats.

With defenders online and offline who are Stockholm syndrome patients, we are on to a loooonnnnggg thing.

Suddenly the BATerians have no clue what to say about their Asiwaju who built Lagos alone into a 1st world economy that is 5th.

BeeBeeOoh:
Governor Babajide Sanwo-Olu of Lagos State, on Friday urged lawmakers, both at the federal and state levels from the state, to work assiduously to actualise the presidential ambition of Chief Bola Tinubu.

Sanwo-Olu gave the advice in Ikeja, during the 17th Edition of the Executive/Legislative Parley, with the theme: ”Mobilizing Citizens as a Social Capital Towards 2023 General Elections, NAN reports.

He said that Tinubu had selflessly given himself to the people of Lagos during his tenure as the governor, and to Nigeria as a whole, and recorded many achievements.

”This, indeed, is the time to pay him back with our unwavering support. He is, no doubt, the right and best man for the job. He knows the issues plaguing our nation like the back of his hands and he has the magic wand to fix it.

”So, because of our Apex leader, Asiwaju Bola Ahmed Tinubu, it is time for us to take Lagos to Nigeria agenda. It is time for us to work assiduously and ensure that all of these successes in Lagos can be reflected in Nigeria as a whole.

”That is why I am calling on all of us to ensure that we do everything we can do politically and otherwise, to ensure that we can help to activate and actualise the next president of Nigeria, Asiwaju Bola Ahmed Tinubu.

”Let us rally behind our great party, the All Progressives Congress, let us rally behind the great man that indeed, we believe can help us take our country to the next level,” he said.

The governor commended the lawmakers for efforts made at attaining the remarkable strides his administration achieved in the last two and half years.

https://dailypost.ng/2022/02/18/2023-its-time-to-pay-tinubu-back-with-our-support-sanwo-olu/

1 Like 2 Shares

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by TalkingBird: 12:32pm On May 22
Sadly it will only get worse.

IMF is happy.

They will inflict more blows.

With small dollar they will come and do big business .

A people so badly hypnotized

1 Like

Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by 12345baba(m): 12:35pm On May 22
The mumu has realized his mumulism
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Jaylord12(m): 12:38pm On May 22
helinues:
Abi

Rome wasn't built in a day now

Sure...
.if he get it right we will all rejoice....
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Saint99: 12:40pm On May 22
Jeez! These guys have scammed us. They told us they had the magic, now what is it that we are hearing
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by Bluntemperor: 12:41pm On May 22
CodeTemplar:
Inflation is fast but fighting it is slow.

So, when your brother Emiefiele was destroying the Nations Economy - by Corruption and carrying away the Trillions and NBillions out of Treasury and carrying himself a Presidential Candidate,all the LP and the PDP- surrogates- on Social Media were supporting him and you wander if these people are brainwashed!
They don't think of Tomorrow or even their Youths future
Now they are crying!
Thou Shall Know the Truth!
Radarada osi!
Re: We Have No Magic Wand, Tackling Inflation Will Take Time—Cardoso by vengertime: 12:41pm On May 22
That means everybody on your own grin grin grin grin

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