₦airaland Forum

God1000:
From Ecuador to Haiti now, latin America is having serious issue of gang violence.

These criminals are more powerful than their government and they will continue to cause mayhem.

And why is America not helping them, they requested for foreign help last year.



I think this is beyond skin color, Ecuador, Columbia and other countries in south and central America are having the same problem.

As poor, corrupt, broken and dysfunctional as Africa is, I don't think such thing can happen in any African country

DeLaRue:
It is a good strategy for the government.

Part of the reasons for the current high inflation is that Mr Buhari's government printed way too much naira.

The current government has been trying to get some of the excess naira liquidity out of the system. Se them do una. You will never stop blaming others.. Was he blind, was he not among the APC process..mad people..

One smart way of doing it is through the issuance of long term bonds. The money that individuals, companies, financial institutions, pension companies and foreign investors use to buy the bonds will be taken out of their bank accounts, thus reducing the amount of naira in the system.

As more of that liquidity is taken out of the system, it will help to bring down the rate of inflation.

The government has to use several tools to combat inflation. Issuance of long term bonds is one of them.