Krankhead:
Shut your mouth and speak Good of your country for.once. can the USA house summon him and he dare failed not to show up.... you people just speak evil.of Nigeria all the time. While foreigners in western world speaks good of hard working Nigerians abroad. Reset your brain

blancsn1:
Who doesn't know the Pandora criminal peter Obi no get sense before ? Why did the fool not reject the aid provided to him when flood ravaged Anambra when he was a governor if Anambra was that prosperous.

slivertongue:


Tinubu is proving to all that NIGERIA no be Lagos. His capacity is hyped

kaludestiny10:
Don't mind those lowlifes.

9jatriot:
Can I see where this happened?

I hope that is not what you guys really are, this one you are calling yourself a name you were not called by me.

slivertongue:
tinubu's supporters and divisive antics won't are 5&6

9jatriot:
Read this intelligent and logical submission by Obaseki and compare with your lamba king.

Throwing insults around like all typical obidients will not stop this message from being intelligent and that of your lamba king from being pedestral. This is how people discuss in board meetings and not playing to gallery or playing politics.

Biodun556:


Those who are obsessed with lies and deciet need treatment more

Max24:
Some of Obis chronic supporters are illiterates. See the way they are being tutored by Biodun... So , they don't have unbiased superior arguments but beer-palour gists. No wonder Obi's only investment in Anambra was Hero beer which is next to nothing according to Soludo.

SalamRushdie:


You have started commenting nonsense on what you know nothing about... America can never buy one litre of refined oil from Dangote when it has 130 fully functional refineries

9jatriot:
Wailing wailer na una name, no one can take it from una.
YOu guys changed to obidients recently.

At least you admit say we de lead. That is a good start.

Opposition is not madness, opposition is been sensible and logical like Obaseki has just done and not lamba like una oga.

Biodun556:
everything about peter obi, labour party or east are lies and deciet

9jatriot:
Okay obidient.... I prefer Obaseki's submission.
It is more logical , it does not mean that I totally agree with it but it just makes more sense.

slivertongue:
time will tell

9jatriot:
Typical obidient, quick to insult.

Anyway, go and read Obi's submission on the subject matter and compare it to this report on Obaseki, if you cannot see the difference then there is nothing I can discuss further with you.

I am of the strong opinion that the recent decision of the Monetary Policy Committee to increase the Monetary Policy Rate, MPR, to 22.5% and the Cash Reserve Ratio, CRR, to 45% will further worsen the economic situation of most Nigerian households as it is bound to
cause more job losses in the productive sector, especially manufacturing and other sectors that rely on bank loans and credit facilities for their funding needs. Tightening liquidity in the financial system does not improve productivity, ie food production, which is the major cause of inflation in Nigeria. Moreover, only about 12% of N3.6 trillion of the total money in circulation is in the banking system which means that 88%, about N3.2 trillion is outside the banking system.

So, this measure would rather be counterproductive as it would not address the intended purpose of managing the money supply. These new measures will worsen the fragile economy as the supply of funds would dry up for the real sector, and the new MPR rate hike will push the interest rate on loans to above 30%, which would be very difficult for the real sector operators especially manufacturers and SMEs to repay; resulting, obviously, in increased bad loans, and worsening the nation's economic situation.

The most critical way to manage our high rate of inflation and decline in production is for the government to address the issue of insecurity in the country, which will allow for increased food, and crude oil production, and an overall increase in production, which will make products, especially food, cheaper. This way we would increase our productivity as well as restore the confidence of FDIs and FPIs to come back to the country.

9jatriot:
First of all the lamba king was playing politics with no constructive criticism.

Secondly, I understand this man has a finance background and he has been right once, also he is speaking from a position of knowledge. If you notice in the report he was offering an alternative idea without unnecessarily trying to play to the gallery like the lamba king likes to do.

Thirdly, Obaseki also said we should try and remove our focus from the exchange rate and rather than put so much resources trying to fight it, we should try to grow local products. Now, this is different from Obi who although keeps shouting consumption to production is always tactfully supporting his fellow importers.

9jatriot:
This is what I call constructive criticism. He spoke like someone who understands the issues and not just playing politics.

He was also one of the first people to warn about the consequences of PMB/ Emefiele just printing money. At that time I thought and believed he was playing politics, but events have proven him right.

Now I am taking him seriously.

gaby:
Craze people...

New week, new craze from the moronns that don't even understand what Binance or Crypto truly means.



I'm sure Binance, Aboki Fx, and Crypto are the reason why companies like DangoSugar, MTN, et al, are declaring record losses.

Positivepoint:



Same can be applied to Igbo run markets in the north

Enugurangers:

Fees has been transferred. Thank God say man nor be god

donphilopus:


Same region that's been voting nonsense governors?

kollog:


Where u want get all these items u listed here for such amount.

Putinofrussia:

Bad news merchant.
Go rest jooor.

fineberry:
what is that thickener ?
Please can you just explain the process of preparing this soup? Thanks

Lithiumite:


So u think multi billion dollar investments can be set up in a day.......haba

blamingthedevil:


Why are you crying