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Obaseki Replies Zainab Ahmed On Printing Of N60 Billion - Politics (5) - Nairaland

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Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by alasane: 1:53pm On Apr 15, 2021
Great2017:

USA, China. Do you need more?

The analogy is simple ...qualification has never helped Nigeria. You mentioned China, go to Kano & host of other cities as see Chinese with low qualification commanding
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Chuksmonika(m): 1:55pm On Apr 15, 2021
They sell the oil and loot the funds realized, then borrow money to fund projects and still loot part of it.. Then they will go and print excess money, hahaha.. The hyperinflation that will hit the nation is still doing press up.
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by PAWG(m): 2:00pm On Apr 15, 2021
AmazingELixir:


Why are you so daft...diju not read or hear Obaseki's statement abi_intio.


You don’t have to be abusive, rather than reaffirm his earlier stance, Obaseki merely created a ruse
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Mrlcredible: 2:02pm On Apr 15, 2021
Moferere:



You have comprehension problems
you're the one that has the comprehension problems rather.
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by lugado: 3:07pm On Apr 15, 2021
people don't use their sense of logical reasoning anymore
they hear a story and believe it
the question is can the Nigeria printing and minting company print 5 billion in a month
talkless of 60 billion
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Indispensable85(m): 3:16pm On Apr 15, 2021
fergie001:

That case is a no-brainer....I don tell you since nah grin


For this corrupt naija ? Ok oooooo..
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by fergie001: 3:17pm On Apr 15, 2021
Indispensable85:



For this naija ? Ok oooooo..
This particular one...don kpafuka
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Indispensable85(m): 3:17pm On Apr 15, 2021
fergie001:

This particular one...don kpafuka


Ok na............. naija matter don tire me
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by lugado: 3:18pm On Apr 15, 2021
so how is possible to print 60 billion in a month pls let's be logical when criticising government abeg so annoying

Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Masterito(m): 3:18pm On Apr 15, 2021
Just read the thread and tell someone close to your to the meaning of financial rascality. He actually accused them more, only if you understand.
dat9jaguy:



Who do you this thing wicked gan.
Someone made an accusation and he was called out as being a liar and all he could come up with was that statement. What happened to his being called a liar by the Minister. Was he not supposed to counter the minister by insisting that money was printed as stated by him,at least to protect his integrity.

1 Like

Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by lugado: 3:19pm On Apr 15, 2021
so how is it possible to print 60 billion in a month pls let's be logical when criticising government abeg so annoying
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by akeebagp: 3:22pm On Apr 15, 2021
Who's telling the truth, oloun loye
Your mtn data @ 350 dm
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by dat9jaguy(m): 3:22pm On Apr 15, 2021
Masterito:
Just read the thread and tell someone close to your to the meaning of financial rascality.


That is a normal phrase used by PDP, what I'm after is that he should call out the finance minister for calling him a liar by restating his earlier accusation and stand by it.
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Moferere: 3:30pm On Apr 15, 2021
Mrlcredible:
Truth without evidences?
remember obaseki is of the opposition and would use any propaganda to bring down this administration

If you don't understand economic indicators, speak out.

Don't think everybody is a propaganda merchant
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by omonnakoda: 3:35pm On Apr 15, 2021
lugado:
so how is possible to print 60 billion in a month
pls let's be logical when criticising government abeg
so annoying
I don't know whether they "printed" but your argument is uninformed
The word "print" is just a metaphor.


They do not have to print bank notes in a digital era to create money from nothing


That is so 1970s

This is 2021 . A cashless era
These days it is called quantitative easing and does not have to involve any printing


The CBN just needs to give the FG credit from .............NOTHING
add zeros to their account balance and honour their cheques

When 60 billion is shared do you think it involves Banknotes?

Money is essentially a Guarantee or contractual promise.
It does not have to be "printed"

Just like there is no NEED to print the recharge card or BITCOIN

A time is coming soon when all money will be digital

2 Likes

Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by SolarEdge: 3:37pm On Apr 15, 2021
The man has spoken! Instead for a swift investigation, my country won't instead it would turn out to be a party crisis. Shame!








Ain't you tired of the epileptic power situation in your area? Why are you so comfortable buying fuel daily and servicing your generator weekly? How do you feel going out at 1am to put off your generator? Is your conscience not pricking you each time your generator pollution affects your estate? If you can read this then you're lucky. You need a SOLAR POWER SYSTEM TODAY
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by wink2015(m): 3:42pm On Apr 15, 2021
Franktom247:
Both minister and governor na one rope tie all of una make my malawi visa ready make i leave una for this hell hole

So of all the countries not even Dubai it is Malawi that you choose.

Poor fellow !
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by AmazingELixir: 3:55pm On Apr 15, 2021
PAWG:



You don’t have to be abusive, rather than reaffirm his earlier stance, Obaseki merely created a ruse

Reaffirm what exactly..his response is eloquently enough for those with discerning cognitive ability...a governor of Obaseki's personality wouldn't make such statement without substantive facts.

And for all that have followed the antecedent of this federal government know too well that churning out lies is fully entrenched in its very core...lying is like breathing to them.

1 Like

Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Latvin: 4:03pm On Apr 15, 2021
omonnakoda:
I don't know whether they "printed" but your argument is uninformed
The word "print" is just a metaphor.


They do not have to print bank notes in a digital era to create money from nothing


That is so 1970s

This is 2021 . A cashless era
These days it is called quantitative easing and does not have to involve any printing


The CBN just needs to give the FG credit from .............NOTHING
add zeros to their account balance and honour their cheques

When 60 billion is shared do you think it involves Banknotes?

Money is essentially a Guarantee or contractual promise.
It does not have to be "printed"

Just like there is no NEED to print the recharge card or BITCOIN

A time is coming soon when all money will be digital

Quantitative Easing is most likely what the govt is doing. It is nothing new, actually used by many central banks around the world in response to severe economic crises such as that caused by covid 19.

Difference is those economies have low inflation rates which allows their central banks to print money and allow inflation to rise a little. We already have a high inflation rate which we need to address. Summary is, it is nothing new
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Great2017: 4:08pm On Apr 15, 2021
alasane:


The analogy is simple ...qualification has never helped Nigeria. You mentioned China, go to Kano & host of other cities as see Chinese with low qualification commanding
Why are they not commanding in their countries?
Nigeria is in this sorry state because we have allowed mediocrity to reign
over merit.
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by poseidon12: 4:14pm On Apr 15, 2021
dat9jaguy:



Mr Obaseki the question is did the FG print money as alleged by you?
No word on that. You are just blowing hot air, as usual, in response to being called out.

If you can read between the lines, you should observe that Gov Obaseki is standing by his story. That is why he is accusing the Finance Minister of playing the Ostrich.
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by omonnakoda: 4:23pm On Apr 15, 2021
Latvin:


Quantitative Easing is most likely what the govt is doing. It is nothing new, actually used by many central banks around the world in response to severe economic crises such as that caused by covid 19.

Difference is those economies have low inflation rates which allows their central banks to print money and allow inflation to rise a little. We already have a high inflation rate which we need to address. Summary is, it is nothing new
It is no different in effect from printing money .

Let us not try to use big words to conflate issues or try to sound knowledgeable by using phrases common people cannot understand

Whether it is new is not the point. The question is whether it is appropriate in our circumstances and also whether the government is transparent about it
The government has DENIED IT so that is the first step here

Is it true or not

Be specific what you mean by "those economies"

Black people getting killed by police in America is NOTHING NEW
That does not make it right or desirable
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by alasane: 4:26pm On Apr 15, 2021
Great2017:

Why are they not commanding in their countries?
Nigeria is in this sorry state because we have allowed mediocrity to reign
over merit.


Think deep & reasonably , they believe in practical & NOT paper qualifications you tend to fly about in Nigeria
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Masterito(m): 4:34pm On Apr 15, 2021
No you go political. Case closed, you have no point.
dat9jaguy:



That is a normal phrase used by PDP, what I'm after is that he should call out the finance minister for calling him a liar by restating his earlier accusation and stand by it.

Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by dat9jaguy(m): 4:36pm On Apr 15, 2021
Masterito:
No you go political. Case closed, you have no point.



Oshe, Mr Judge

Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Faithful1234(m): 5:09pm On Apr 15, 2021
federal government and lie be like ewedu and Elba
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by spartan117(m): 6:11pm On Apr 15, 2021
garfield1:


No sir,it is obaseki that is lying.does he take part in monthly revenue sharing? How come other pdo governors are not corroborating his statements
What you said is true, but I belief Obaseki more than the finance minister due to the reasons I earlier shared. Anyway time will tell who's telling the truth.
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Great2017: 6:28pm On Apr 15, 2021
alasane:



Think deep & reasonably , they believe in practical & NOT paper qualifications you tend to fly about in Nigeria
We are talking about qualification here and not paper qualification. Paper qualification does not necessarily mean you are qualified until you have demonstrated the knowledge beyond any reasonable doubt.
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by orisa37: 7:16pm On Apr 15, 2021
KUDOS TO OBASEKI.
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by slivertongue: 7:24pm On Apr 15, 2021
garfield1:

You rant more than him but just like obaseki
she is as incompetent as GMB. face the economy, leave my mention
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Globad(f): 7:47pm On Apr 15, 2021
Validated:
Thank you Obaseki for exposing the evil party and their government. They will now become afraid to thread that part again. Lets see what they will share going forward. Now they have gone back to the bonds market while foreigners are np longer lending to them. Before June 21, they will tell Nigerians the truth!

APC ...Next level of scam is evil and MUST be rejected come 2023

Why June 21? grin

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