₦airaland Forum

These are my views on the economy.

Flutterwave, on its own, was recently valued at US$3 billion. We will create an enabling environment for our startups to thrive. Beyond creating access to easy funding,

We will enforce the legal framework protecting foreign investors and their indigenous partners. This is the only way to improve our business environment and tamper capital flight.

We will stop borrowing for consumption. All loans must be invested in regenerative projects. Inflation is a factor of spending on goods and services outstripping production. Since we have not resolved the minimum wage issue,

We will not use wage and price controls to fight inflation. Rather, we will pursue a contractionary monetary policy. We will mop up excess liquidity by reducing the money supply within an economy.

The truth is that for long market forces have not determined the exchange rate of the Naira. The two tier foreign exchange regime is a fluke. It has to end. Let the exchange rate be determined by the forces of demand and supply. It is that simple.

Government must continue to collaborate with the organized private sector in this regard. Creating the enabling environment for raising employment must start with expanding the SMEs cluster via unfettered access to funding. -PO

SpecialAdviser:
Where are those saying our mentor is not offering solution?

Our mentor our love our heart. It's youths O clock. Old thieves leave us alone.

● Create enabling environment ✅

● Protect foreign investors and their indigenous partners ✅

● Stop borrowing for consumption ✅

● Mop up excess liquidity to tackle inflation ✅

● Expand SMEs cluster by creating unfettered access to funding ✅

GodsOwnMan:
he doesn't even know what he is talking about, 3rd class graduate oshi

AfricanColumbus:
A fantastic economist!

fiizznation:
There is nothing fantastic about what he said. The man when to USA and heard about contractionary monetary policy (a kind of macroeconomic tool) that the USA adopt for their federal reserve, and boom, the man(obi) just assumed that such policy can work for Nigeria.

What works for A is not likely to work for B.

KillSars:
Explain what he just posted...

Chymummy89:
Hello... obidient in the house . Una own person for BBN is up this week for eviction. Try to vote for him. Start ur obidient from there. Don't allow APC and pdp to finally label obidient social media party. Campaign for him. Obidient children can do it. Vote for eloswan.....