₦airaland Forum

Moh247:
One step forward 3 step backwards

Who do we believe

CBN Governor should be reserved for economist and not bankers

bankers are better financial policy takers than economist. In monetary policy and auditing a big firm like CBN, trust me a chartered banker is more skilled and research oriented to take the necessary financial risk that can help the currency. The naira redesign and withdrawal limits is a good step, a good one that would affect the dollar dominance in whole of Nigeria, the black market dollar rate would become less powerful by the day and exchange rate would be properly decided not this wayo system being adopted by BDC.

First it was reuters accusing our army of massacring civilians in the bokoharam war now it's world Bank condemning a policy that has seem to ease up the hardship in the economy.
This Europeans watin we do them when make dem no want us to even drinkwater drop cup, watin?

The World Bank has warned the newly redesigned naira which went into circulation last week may have negative effect on economic activity especially poor Nigerians due to its timing and short transition period.

The Washington-based bank revealed this in a new report titled, “Nigeria Development Update.”

This came amid the mixed reactions that have been trailing the newly redesigned notes.

The Central Bank of Nigeria had last month unveiled new N,1000, N500 and N200 notes as part of measures to mop up excess cash in circulation, ransom payment for kidnapping, terrorism financing, counterfeiting, among others.

The World Bank, in its report, however, said the new policy would negatively affect small businesses especially those who day-to-day cash transactions.

The report read in part, “While periodic currency redesigns are normal internationally and the naira does appear to be due for it since naira notes have been redesigned for two decades, the timing of and short transition period for this demonetization may have negative impacts on economic activity, in particular for the poorest households.

“International experience suggests that rapid demonetizations can generate significant short-term costs, with small-scale businesses, and poor and vulnerable households, potentially being particularly affected due to being liquidity-constrained and heavily reliant on day-to-day cash transactions.

“At present, households and firms already face elevated financial pressures from prolonged, high inflation, recently compounded by external food and fuel price shocks, and the severe floods, and phasing out existing naira notes over a short time period may add to their challenges.”

The President of the Bank Customers Association of Nigeria, Dr Uju Ogunbunka, had also said the objectives of the cashless policy was understandable but noted that the execution and timing were not right.

He said, “From the cashless policy point of view, we should appreciate that, as much as possible, the government is trying to limit the use of cash for transactions, more so, now that they are redesigning the currency. “The second thing is that the government wants to drive the use of online banking, which is good for our economy. Unfortunately, there have been so many complaints about failed transactions.”

“There is hardly any week without complaints in the banking hall. You will see people shouting with regard to transfer failures. Have we put enough structure to take care of some of these things? The answer is, we are yet to, we are making progress, yes, but we should give enough room and time for some of these things to play out rather than short-circuit the system.”

Also, the Lagos State Chairman of the Nigerian Association of Small and Medium Enterprise, Dr Adebayo Adams, had said the policy would hit businesses and the MSMEs.

https://theeagleonline.com.ng/naira-redesign-will-affect-the-poor-smes-world-bank/

How fa with the hyped akwaibom rally. Pictures has been hard coming by. When dey say there are only two contenders, this is what dey mean..
The only party capable of giving APC a good run but not capable enough.

The number of new mint 1k when I dey see these days surplus.
Many of them na 2018 and 2019 but na fresh mint them be.

Please start with okupe who improvised the lives of innocent soldiers killed in war front because he doyen okupe stole money meant to purchase weapon. Thief.

The guy should just decamp to labour party and quickly get public media symphaty. Okupe dey call God when he looted money meant to protect innocent people.

nairanaira12:
Because doctors in anambra wanted to be paid the same salary as federal government hospital doctors.

Is that even possible? Let's be sincere to ourselves

lagos was paying it's civil servant same rate with federal govt despite asiwaju not receiving federal allocation. He made the state competitive to the Federal govt.

PrinceOfLagos:
I believe you

Peter Obi knows the value of education

no nah.
How can you compare a person who made education free and even comparable to unity schools with another who said education is not for the poor? He can't know the true Value of education, there's no way he can know that.

Yahaya Bello had a much improved 2nd term, lokoja is by far better than makurdi now. Benue is way behind.

BigSarah:
Is dogara in the picture.

When I say Atiku is the hope for Christians and a united Nigeria, people say crap, now look at this defense.

As an Agnoist I pity Christians, religious and tribal hostility will spiral with APC.

Vote Atiku say no to rookies and drug barons

Atiku is still contesting? Try pitch tent with obi, Atiku has been relegated completely. The northern elites/ emirs has never been this united like before on tinubu not even the Buhari era.
The north always remember a Good favour not Atiku the prodigal son whos banking on our stupidity. We ain't voting ATIKU. EOD..

PureMe01:
Oga pick one. No dey blab nonsense

mumu no fit still read the comment when I make. Make I rephrase. Right hand of tinubu is Apc national chairman, in his right hand too is Simon lalong. He just recently converted to Islam in ipob book of research.

Tofax:
He said show me one Christian apart from the plateau state governor.
Show me not insult.

dude went to modify.

Fishermancom:
Show one Igbo man in Asorock... And I will show you one Christian in that camp. By the time we Christians will realise what is about happen to us, it might be too late.

eyahhhh. . See the people northern christains want to pinch tent with. Someone who can't differentiate the fact that you wear kaftan as a normal dressing outfit is trying to tell you he's your messiah because of politics. Shame... Simon lalong is in front row there, you can see him. Dogara is a christain and he's always on kaftan. Kaftan is a northern outfit not a religious outfit, all northerners wear them and even style them to their taste. You can't tell our culture yet you want to scatter us because of OBI. Person when dey recruit catholic pursue others dey talk religion cos he dey contest. Eyaaa
If you can call your brothers OSU what can you not call others?

TinubuDeDrugLor:
None

your eye dey pain you nah or your too amateurish to see lalong in frontrow.
even northern christains dey wear kaftan FYI.

Na man you be.

asanausana91:
Someone stole over 200 million and he was asked to pay only 1 million.
A poor man stole food from a pot and he was sentenced to 5 years in prison without option of fine.
Where is the justice?
No wonder politians are not afraid of stealing.
This judge should be stoned.

those stolen funds are already forfeited or his assets seized. the 1million fine is his punishment for partaking in the crime.

post=119275402:
Our Principal @PeterObi is in town.
#OBIdients over to you tomorrow 20th Dec, 2022.

Venue: Unity Park, Sir Udoudoma Avenue, Uyo.

Time: 10am

We move!

#LPakwaibomstate

so lokoja people has taught you the value of small space. dude has started avoiding stadiums even in his stronghold he couldn't use uyo stadium where buhari used.

Fira09:
Ok dude, but we ain't casting are votes for Muslim-muslim Ticket, BTW Tinubu usually gaffes and kinda shakes when walking/climbing stairs? He couldn't show Nigerians his secondary school certificate.

Why the support though?

yea, you ain't voting because when jonathan was president, Bokoharam killed only muslim and left christain while they killed only christains and left muslims under buhari. Religion is your problem, but it ain't mine.

Fira09:
Ok dude, but we ain't casting are votes for Muslim-muslim Ticket, BTW Tinubu usually gaffes and kinda shakes when walking/climbing stairs? He couldn't show Nigerians his secondary school certificate.

Why the support though?

imagine you in a high profile setting and they ask you, why you choose an experienced second class lower philosopher over a 1st class experienced administrator.
your point would be, he's shaking and gaffes and can't run. or that he lost his secondary school certificate.
dude are you for real?? is presidency a military operation that requires physical fitness? won't you be ashamed of yourself to tell people that the man you mocked his health and mental capacity was able to defeat men like Osibanjo, amaechi, yahaya Bello and more? in a party primaries?
you should be more concerned with his administrative skills. a man from a weak region uniting all party faithfully way much better that PDP scattered factions who can't come together.

in a chase of Big fish, the most organised team is most respected and the leader of such team is studied in sane environment. not his errors.

we've talked about this long time that this is wrong. he can't even concentrate in such environment, travelers can avoid salat if no chance, it is in the Quran. why block high way? I swear if you try this thing withing my area of strenght, I'll deal with the ediot and those who support the ediot.
absolute Rubbish.

those ones close to religious home should also be removed.
modified, I been no see the religious homes too.

Fira09:
Can't you discuss politics without bringing in abusive remarks? This is same reason I ignore you guys when quoting me all over, aside from that are you trying to say Gbagyi are core northeners? Who does that?

Majority of Gbagyis I know are rooting for PO/Atiku, keep on playing mind games with yourself. If I may ask what part of north central do you reside to say this sort of words.

majority of Gbagyi you know? not majority of gbagyi. and who told you gbagyi are not also core northerners who share a strong northern/ middlebelt values. go read on gbagyi, we are peceful loving and highly political in our actions. Gbagyi are very libral and you can find us amongst muslim and christain while also sharing both religious name irrespective of religion.
we have gbagyi minna, Nasarawa, kaduna, Abuja and kogi. all of us share Northern values and we are major stakeholders in the North. FYI. IBB is a gbagyi man.
and by the way I rep Abuja.
despite the fulani and farmers clashes, our clashes with fulani are very minimal amongst other northern tribes despite being predominantly farmers, when I say we are political in Nature, we want people to underestimate us for easy victory.
we have a strong history in the north not even the Hausa can deny. Tukura you here fulani bearing is a gbagyi name.

Fira09:
LOL.

I'm an Edo guy so?

Yusuf Olaniyi Kayode, continue claiming northerner, BTW I reside here in North central and I can defendly attest to what I said. I repeat "Northeners always play regional politics".

see mumu, a quick profile review from a 2014 member would have helped you. you know nothing about northern politics and I've noting to prove to you either, denial is what drives you, truth would pain you so much that you'll opt for sucidr so it's better you leave in denial that is a Yoruba man cos the taught of a non yoruba supporting Tinubu gives you aimless and sleepless night.
we plenty, I rep that Northcentral and I'm a bonfire gbagyi man.

even katsina, kano, and all northern states. Obi would win kpata kpata

Igba123:
I went to cut my hair this morning. There are two biiiboards at the opposite sides of where I went to cut my hair. One used to be for Tinubu and the one on the other side of the road for atiku. I was surprised to see the two billboards bearing atiku's image. This thing happened in the home town of PDP state chairman in niger state.
No be small bad thing the abokis are doing to Tinubu. Don't be surprised that most dignataries you see at the APC campaigns in the north are working against baba emi lokan. Afterall it happened to GEJ. Urchins are playing with northerners.

Structure my foot.

one of their numerous stories that never existed.

Fira09:
I keep erupting this words; Tinubu would never get massive votes from Northern electorates, Northerners only plays regional politics.

Nevertheless, Obi and Atiku each has a very enormous serendipity to become the president of Nigeria.

Most times when NL miscreants spews out "they would clear Northern states in this forth coming election" I always chortle and ignore .

The only Northern states Tinubu can come out victorious is between Borno and Zamfara due to Matawalle and Shettima popularity in the said sovereign states.

Prudently, Peter Obi(PO) is the best man for this job.

flat.inos! !! Always teaching us northern politics better than northerners.
Northerners only play regional politics yet OBJ and MKO won buhari and tofa.
you know nothing about northern politics except your ego based analysis.

FYI I rep north.

as Simon ekpa don deal with una, una don turn yoruba christain.

oya log into your ipob account and continue spewing your trash.

BigRocky:
Is the owner of Sahara reporters not a yoruba
Man?

I have a lot of Yoruba friends and they are not as stupid as you guys on nairaland.

there are even hausa fueling crisis in their land cos it fills their pocket. sowore lies has nothing to do with yoruba, he's always wanted this country to disolve completely, he'll push any negative narration to sell the country.

it's normal whenever a new currency hits town, I remembered when 500naira was launched, same thing happened and even when 1000naira was launched, it repeated.

DesChyko:
And how exactly is someone who hasn't even laid eyes/hands on the new notes supposed to tell the difference?

the gold seal. just be careful and observe any money given to

Emergingnation3:
Afonja pi**g, will always deny their skull mining region....

grow up, I won't reply yo but i can bet you aint even 21 from the level of childishness your portraying here. if indeed your above 21, then you've failed yourself in life with this high level display of junkyard attitude. I won't reply you, calling me afonja won't make you less sad, it'll only hide your pain temporarily. I'll be great full to bring you out of grievances even if it's only for a minute, you'll still go ahead calling people afonja cos the sadism in you is way beyond your comprehension. afonja Muslim are people humans too. but I ain't one of them. unlike you who forbids your own brother calling them OSU. is isn't that most shamefull? or you learnt from your oppressors who called you osu now you want to replicate to other Nigerian tribes. lol. mumu man.
a Yoruba christain should first call me afonja, then I can think there's problem not people who discriminate themselves.