₦airaland Forum

Woe to thee, O land, when thy king is a child.

The current government aren't saving they're borrowing and printing money how's our economy?

See why you need to read the news? Because if you did you will know that Jennifer dumped his old asssssssssssssss.

OneEyedSnake:
Of which one is a fellow OSU like yourself

Ask Atiku, you know his MO is using his wives to launder money and drugs.

OneEyedSnake:
Why won't you.

Hope you didn't go there to peddle drugs

OSU? Hope you know that's a street in Accra, Ghana? Its a really beautiful street.

Loved my time there.

OneEyedSnake:
You said nothing OSU
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He passed? Here I was thinking he didn't graduate.

You don't mean it!

OneEyedSnake:
What degree does your glorified Onitsha trader Obi has to show ?

Pass in psychology

Atiku left PDP because they didn't respect the zoning agreement, he went to APC they didn't give him the ticket then he came back to PDP he contested against other Northerners in the spirit of zoning.

He lost, and in 2022 they still gave him the ticket breaking the same zoning agreement he forgot against.

OP got his economics degree in the same University Atiku got his Radiography degree.

My dear, every idiót that doesn't even know basic economics want to talk this days so they can "fact check" Obi.

Its really embarrassing.

IamAtikulate:
I was ashamed when I saw what he wrote.

Every Economist knows that increasing interest rate is a contractionary monetary policy for fighting inflation.

Dude is an ILLITERATE

Here lies the problem, maybe if you had watched the news or read articles you will be informed instead of coming online sounding so ignorant and crazy.

Now tell me who's spreading propaganda?

Your hatred for Obi made you disgrace yourself now you're just grappling at straws.

OneEyedSnake:
Stopped reading right there.

Calling someone dumb because they do not subscribe to your daily propaganda indoctrination .

If you need the news or any other person or entity to guide you on what to accept , then you are nothing but a lost sheeple

Zombidient indeed.

First of all you're dumb just accept it.

Try and watch the news and keep up with what's happening in Nigeria then you ask a professional to explain to you.

CBN increased borrowing rate for over 3 months or so.

CBN increased saving rate last month.

CBN is currently printing more than they should there by increasing the cash in the system and devaluing the Naira in the process.

The interest rate in Nigeria has been increased so you see how foolîsh your rant is?

OneEyedSnake:
Another Zombidient OSU ranting crap.

The biggest debtor is the Federal and State govt.

How can the CBN set high lending rates which contractors working on Govt projects will access without increasing liquidity?

Devaluation of the naira and its uncertain future stability is why loaning in naira attracts high interests rates!.

As long as the FG continues to plunder our forex expect them to devalue the naira . This is what they have to limit access to forex markets which end up seeing to a spike of everything you buy and consume since we are an import based economy.

Increasing interests rates will only make inflation worse.
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But I don't expect an OSU like you to agree since Obi is now your latest copium over your discarded Biafraism.

You're just ranting.

Currently the only way to fight inflation is to mop up the excess money in the system and the only way to do that is to increase the interest rate to discourage borrowing.

Nobody is talking about devaluing the Naira, all Obi has said is he wants to increase the value of the Naira.


Blame the current APC led government for doing the right thing and the wrong thing at the same time.

You want to counter Obi come with the right information, currently CBN has INCREASED THE INTEREST RATE ON BORROWING TO FIGHT INFLATION.

OneEyedSnake:
And devaluing the Naira as they go along.

Increasing interests rates for our beleaguered economy is like pouring fuel into fire.

Its stupid.

The only thing to do is cut govt spending, and mop up excess liquidity from the economy by recalling debt .

You don't print, devalue and at the sans time raise interest rates.

My suggestion is to ensure govt recalls some of the naira in circulation generated from local taxes and levies out of circulation.


This is not time to print more but to burn as much of the debt instruments in the incinerators of the Mint.

A Chieftain of the All Progressives Congress, Tunde Bank-Anthony, says the presidential candidate of the ruling party for the 2023 elections, Bola Tinubu, cannot claim glory for the successes recorded by the administrations of former governors Babatunde Fashola (also known as BRF) and Akinwunmi Ambode.


The people that succeeded Asiwaju (Tinubu), BRF succeeded him and his eight years was more visible than Bola Tinubu’s eight years…He (Tinubu) cannot claim glory for what they did; it’s not possible,” Bank-Anthony said on Wednesday when he featured as a guest on Channels Television’s breakfast programme, Sunrise Daily.

According to him, Ambode was a performing governor who was yanked off and disallowed to return to office for second term.

Since Nigeria’s return to democracy in 1999, Ambode is the only former governor of the state who was in office for a single term. Tinubu was governor between 1999 and 2007 before he handed over to Fashola who was in office from 2007 to 2015.

Ambode took over in 2015 but lost his re-election at the primary level in the 2019 electioneering process due to intra-party squabbles as APC strongman in Lagos (Tinubu) was reported to have favoured the incumbent governor, Babajide Sanwo-Olu, over Ambode.

Sanwo-Olu, who clinched the party’s ticket and won the 2019 governorship election, has again secured APC’s ticket for his re-election in the 2023 polls.

https://www.channelstv.com/2022/09/07/tinubu-cant-claim-glory-for-fashola-ambodes-achievements-apc-chieftain/

Isn't this the same thing the government is currently doing to fight inflation?

The reason it's not working is because Buhari and emiefele are still printing naira notes non stop.

Wahala.

When I search online about Tinubu see what I found.

Even Adolf Hitler has an origin story, but Batstards wants us to believe that Tinubu just appeared in Chicago as an adult.

No family picture, no primary or secondary school photograph.

Even if his parents were poor why can't he be proud of them?

If Tinubu had know the energy he used to package Buhari as a "reformed Democrat" wouldn't work in 2023, he would've saved it for his own personal presidential bid because we know this script and we're not falling for it.

Same way you hail Tinubu after he addressed Obasanjo a Yoruba elder and a Yoruba president,calling him rotten meat that should be thrown in the dustbin because he wants to appear good before his Fulani masters.

BATified2023:
its no big deal

That’s how u address your father

If nnamdi kanu call call your father pig n idiot n u hail him,wetin remain?

If nnamdi kanu can call your mother prostitute n u hail him wetin remain?

Are you aware he sent the same threats before the rallies and thousands of people still hit the streets?

You can't stop an idea whose time has come.

beerfraud:
I love Simon Ekpa die
A plus to Tinubu
If you know you know

I know the propaganda is to mare Obi with corruption so your drug trafficker cum money launderer will have a level playing ground but you lie.

If Obi sponsored Obiano's election like the headline says is Obiano not supposed to return the money? Did Peter Obi capture Anambra state like Tinubu did since 1999 asking for remittance and converting government properties to his own?

Peter Obi wanted Obiano to pay him money from the state purse monthly meanwhile Peter Obi left hundreds of millions of dollars and over 70 Billion Naira in Anambra state, choose not to take pension and any bonuses either in cash or kind

Meanwhile Bola Tinubu left a 100 Billion Naira debt and created a multi billion Naira pension scheme for himself while converting government owned lands to his private property.

Tinubu's quest for money and power is insatiable.

Tinubu the oluwole first class graduate knows nothing about the economy except how to line his pockets, when they tell you he built Lagos as them why he hasn't replicated his "success" in other states ruled by his stooges?

After all they claim he knows how to search for talents.

Oh and btw his biggest ultimate talent search winner is Buhari, guess how that turned out.

APC supporters are trying to disassociate Tinubu from Buhari's failures.

Tinubu knew who Buhari was but he still went to Daura and sponsored his election because he believed he would be able to inherit Buhari's goodwill and followers for his own presidential bid.

A vote for Tinubu is a vote for retrogression. APC made so many promises in 2015 7 plus years later we're worse off and they are advertising another expired meat that belongs in the dustbin to us.

Spread the word, 2023 we're not going to reinforce failure.

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IPOB sponsor/conflict entrepreneur/importer, exporter of drugs in Biafra/Oduduwa land.

Poor Photoshop.

This is the reason Tinubu sent thugs to burn the high court during endsars, it was just a perfect opportunity so he can pin it on innocent protesters. The Analog accountant didn't know the documents were already uploaded online.

There's always a money paper trail. Always.

This must be investigated.

Mind you the person that sued him to court was the original owner of the Alphabeta idea and Tinubu bullied him out of the company.

After they burnt the high court with all the documents, he settled out of court with him.

Why did Bola Tinubu send 4 million dollars to the account of summit integrated services owned by Jose Gonzalez a small company that offers road freight in Barranquilla, meanwhile the public records in Colombia shows the company worthless than $50,000?

Barranquilla is a well know cocaine export hub.

What business could Tinubu be doing with Jose Gonzalez a Colombian living and doing business in Barranquilla?

Why don't you Google this informations? They're readily available.

Rozross:
Evidence or you forever keep shut Hundeyin

FreeStuffsNG:
He has started his lies and cyberbullying again.

God!

Buhari's boy your master printed more than 200% above what CBN is supposed to print yearly which is pegged at 5%.

Buhari caused this mess. Every sound economist will tell you Peter Obi is 100% right.

There's too much money in the system and it needs to be mopped up!

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