₦airaland Forum

NNPC cabals are cashing out.

IAmHim1:
Hmmm

This is just the First: to discourage borrowing and reduce the fractional reserve ratio of commercial banks so Opay and GTB doesn't multiply electronic money from customers deposits and loan it back to them again while still charging the same customers interest on loans and hefty collaterals

https://www.nairaland.com/8080394/nigerias-inflation-what-uba-gtbopay



But what happens to the excess money already in circulation, Cardoso?

Remember, the minimum wage has already been increased even though it wasn't adviced

https://www.nairaland.com/8107351/nigerias-govt-alternative-minimum-wage

The excess money in circulation has to be paired with good LOCALLY PRODUCED
IF NOT, THIS ACTION SOLVES NOTHING

https://www.nairaland.com/8101772/nigerias-inflation-introduction-subsidy-old

and yes, a bag of rice can become #15000 or #5000 if and IF the rice is excess and the money in circulation is few.


https://www.nairaland.com/8069458/wealth-series-pt-2-nigeria

Damgte refinery can reduce the price of transportation of food from where it is produced to where's it is eaten and our naira won't be used to chase imported food

people are sabotaging your efforts Cardoso.

Heads up!

Because Dangote will sell petrol at 200 naira per litre?

It wasn't advisable to have increased minimum wage from 30,000 naira to 70,000 naira? So they should have reduced the minimum wage to 5,000 naira.

The only excess money in circulation is the one in the hands of polithievians and those appointed by government to head agencies.

Current inflation is as a result of removal of petrol subsidy and devaluation of naira. There's no way a bag of rice can sell for 15,000 naira when these factors are still there.

The only person sabotaging the government is the government itself.

Depriest2020:
Apart from Gbagi/Gwari and some hausas of northern Nigeria with Fulani cattle rearers, the rest Nigerians don't believe in farming activities, they all believe that if they make money then they can buy whatever food they need. Am not sure we have up to 5 million farmers in Nigeria, while we outh to have at least 50 million large scale farmers and not a mare 5 million peasant farmers.

USA have around 2 million farms in 2017.

What are you doing with 50 million large scale farmers? Do you have a population of trillions?

Tinubulation
Inflation
Lamentation
In our nation....

Story..

NNPC is the sole importer of petrol.

Which companies sell petrol to NNPC?

Kyari should release the proforma invoice used by NNPC to import petroleum products for the last one year.

gidgiddy:
It's a big achievement. That's the man Nigeria went to kidnap from another country. That's the man Nigeria called a terrorist. Thats the man Nigeria charged with treason


And yet thats the man that 5 Governors, 15 Senators and 180 reps are calling for his release

When 200 elected officials are backing the release of one man the Nigerian authorities called a terrorist, it tells the whole world that the Nigerian authorities are wrong

Na akogheri! Thousands of bokoharam members have been released. Nnamdi Kanu won't be the first terrorist to be released.

Mynd44:
When Kanu was inciting and instigating violence he didn't know.

Those who want him released should first show us what they did to caution him when he first started preaching hatred then we move from there

You said samething when thousands of bokoharam were freed?

The audacity of hypocritical cowardice.

NNPC is the cabal. Destroy NNPC before it destroys Nigeria

Okoroawusa:
Nuclear reactor...

I doubt if you can comprehend what he wrote.

Body cam, used by saner climes to catch foolish police men.

If 9ja police use body cam for 1 week, hundreds of thousands of police will be sacked and detained in one week.

NNPC is currently receiving subsidy secretly from the government.

Portharcourt refinery will never work because NNPC are looting money meant for the refinery to finance their private blending plants in Malta.

Dangote selling petrol to the Nigerian market will expose the subsidy scam.

How to kill the cabal: Sack all NNPC staff from top to bottom. Trace their bank accounts, local and international. Obtain a court order to freeze their bank accounts.

naptu2:
The debunking was needed because some people had already started saying that it was targetted at Christians and they were asking why Mosques were not included.

Check the first thread.

Some people will believe now that churches are exempted. How many Nigerians dey read the content from top to bottom?

opamoses1:
Leave that poster alone.
We in Abia nor dey protest just as these Abuja groups are not protesting. It's not by force.

Reno Omockery cousin wey never cross Niger bridge dey shout 'we in Abia'. You guys don't know how dumb you sound with lame sarcasm.

The debunking was needless. Na same thing na. You will charge people for parking in the street. If someone parks his car on the street and enters the church, won't you charge him for parking in the street?

raskymonojendor:
I don't give a damn about APC or Jibril Sudani.

You go explain tire! The protest is against federal government led by APC but you are commenting babablu here. If you don't give a damn, you should have stayed away from this thread. Abi, dem dey use remote to control you?

raskymonojendor:
Peter Obi's friend, bandit leader and negotiator, gunmi has already withdrawn.

Boko Haram nko that your Buhari was picked as a negotiator, have they withdrawn too?

The bandit leader we know is Bello Turji, who is being protected by APC government.

Next: Bandits withdraws from protest.

CyrusVI:
I wouldn't like to see a woman become an American president. E go too pain me walahi

I wish Trump well, I know he's an extremist but I'll rather have a psycho-extremist as leader than have a woman as one

The universe doesn't care about your stoneage mentality.

To the dumb folks who claim he never says anything about tragedies in Anambra.

Babablu bulabu vultures!!

Ekperima, always looking for the hottest topic to catch crusie with.
Ara gba pia kwa gi onu ebe ahu ma Obi si n'onu gi puta.

Bashir Abubakar is from Abia state according to vultures of babablu.

Dumb folks!!

Tinubu, Buhari and co protested during Jonathan tenure.

Una go invent many group tire!!

Protestphobia dey give una nightmares.


Next will be 'Babablu Youth Association withdraws from protest'.

PHAYOL81:
RENO named his source which is a reputable one but you go round to pick another source, though equally reputable, to call him out. OB1DENSE and senselessness seems inseparable.

Na gullible people like you Reno dey use their brain to drink garri.

Time magazine is not same as Timeout.

La click la babablu.
Op started blogging recently.

egbedox:
While am not choosing a side but you both have a different reference. You cannot conclusively say he is lying what we can question now is the report from the 2 different references

Reno is a professional liar. Time magazine is not same as Timeout magazine. He chose Timeout to deceive the gullible ones who can't tell the difference.