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Nairaland Forum / Nairaland / General / Politics / How CBN's CRR Policy Will Kill The Economy - Akin Oyebode (17924 Views)
Marketers Lament As 45% Banks CRR Hamper Buying Products In Cargoes From Dangote / Governor Fayemi's Suspension Is A Joke Taken Too Far - Yinka Oyebode / 'Nigeria Must Discard 1999 Constitution To Make Progress' – Prof. Akin Oyebode (2) (3) (4)
How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by nlfpmod: 8:43pm On Oct 03, 2022 |
Ekiti State Commissioner of Finance, Akin Oyebode wrote: CBN debited N6.9 trillion from banks last week, the result of the MPC decision to increase CRR to 32.5%. This means a third of all bank deposits now sterilised with CBN. It’s one of the worst MPC decisions I’ve ever seen, and has simply gone unnoticed. https://twitter.com/AO1379/status/1576490243733479426 31 Likes 2 Shares
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Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by nlfpmod: 8:44pm On Oct 03, 2022 |
Some have correctly asked how to solve for inflation. I’ll suggest a focus on supply side issues, especially those affecting food production - storage, irrigation, farm roads, and security. Others like port efficiency, and the usual one, power, are also important. https://twitter.com/AO1379/status/1576822903911641088?s=20&t=euTYFdwrzpzX9-OceGA-cg 7 Likes
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Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by iwaeda: 8:45pm On Oct 03, 2022 |
nlfpmod: Buhari, Zainab Ahmed and Emefiele destroyed the economy with bad polices This is same APC members complaining, but if we outsider talk. They call us wailers 87 Likes 8 Shares |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Rhado: 8:51pm On Oct 03, 2022 |
G 1 Like |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Abilistic(m): 8:51pm On Oct 03, 2022 |
One of the worst MPC decisions indeed! Soon, $1 will be N1000 26 Likes 4 Shares
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Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Xinolope9: 8:51pm On Oct 03, 2022 |
true |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by iiifedimma(f): 8:51pm On Oct 03, 2022 |
Okay |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by stevebond007(m): 8:52pm On Oct 03, 2022 |
Economy? Did we even had one? Scoop crude oil, some for the cronies, steal more money from the scam called Subsidy. Excess crude oil account is now in thousands, SMH Share the remnant to the 36 states... Rinse and repeat 11 Likes 1 Share |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Arry110(m): 8:52pm On Oct 03, 2022 |
Omo the one wey pain me na that stopping of dollar transactions on naira accounts, this country tries its best to ruin the business of young entrepreneurs I have Apple watches for sale btw 9 Likes 1 Share |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by easyfem(m): 8:52pm On Oct 03, 2022 |
You mean how buari system of gov will kill Nigerian 4 Likes 2 Shares |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by jjcena(m): 8:53pm On Oct 03, 2022 |
Im afraid this exchange rate will get to 1k before December 13 Likes 1 Share |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by chloride6: 8:53pm On Oct 03, 2022 |
You are a mad man Mr Commissioner. You didn’t write epistle when CBN was printing money to give the FG unauthorized ways and means.. How else will they mop us the exceed liquidity that is threatening to wreck the Naira? The Nigerian economy is already dead.. What we are seeing is the painful resurrection of the economy.. Just wait first.. your sub National borrowing cost will soon skyrocket.. Rubbish.. 8 Likes 1 Share |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Ballack1(m): 8:54pm On Oct 03, 2022 |
What do I know self 2 Likes |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Ntipia: 8:54pm On Oct 03, 2022 |
Tinubu brought Buhari to come and destroy our economy and will continue from where Buhari stopped if God forbid Tinubu wins. Vote wisely. Vote peter Obi. 24 Likes 4 Shares |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by NwaNimo1(m): 8:54pm On Oct 03, 2022 |
[img]https://giffiles./217/217061.gif[/img] 1 Like 1 Share |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by omowolewa: 8:55pm On Oct 03, 2022 |
Whoever is advising the CBN Govr must be a PDP card carrying politician. Anyway, the governor was a product of PDP. You don't kill production when import is really becoming costlier and Bandit aren't smiling. Using the Economy as test run. Who gave this econometric 308 model out without considerations. 1 Like |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by olax02(m): 8:55pm On Oct 03, 2022 |
Their whalla, my ViSA loading...,. 8 Likes |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by backnbeta(f): 8:55pm On Oct 03, 2022 |
Bubu retained Emefiele simply because of his stupidity and his desperation to please the Abokey warlords. He would have been replaced if he had been smarter and more willing to help the economy. Surely; the thief came but to steal and destroy 9 Likes 1 Share |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by akigbemaru: 8:56pm On Oct 03, 2022 |
nlfpmod: |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by casualobserver: 8:56pm On Oct 03, 2022 |
True but which lending were banks doing before? 10 Likes 2 Shares |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by yomalex(m): 8:57pm On Oct 03, 2022 |
Chai |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by faceland: 8:57pm On Oct 03, 2022 |
Both the dollar and Euro are losing value if not the naira would probably be 1000 naira to 1 dollar. Everyday CBN would be imposing limitations. 10 Likes |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Alexas58: 8:57pm On Oct 03, 2022 |
D |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by RZArecta(m): 8:57pm On Oct 03, 2022 |
It's just desperation at this stage 1 Like |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by RepoMan007: 8:57pm On Oct 03, 2022 |
nlfpmod:Some have correctly asked how to solve for inflation. I’ll suggest a focus on supply side issues, especially those affecting food production - storage, irrigation, farm roads, and security. Others like port efficiency, and the usual one, power, are also important.https://twitter.com/AO1379/status/1576822903911641088?s=20&t=euTYFdwrzpzX9-OceGA-cg NLFPMOD = NairaLand Front Page Moderator = Seun. Economics centre around keep prices reasonably low and supply considerably high. The best way to achieve that is to grease competitive production with the above mentioned which aren't in place as they should. 3 Likes |
Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Dukeolumidemans(m): 8:58pm On Oct 03, 2022 |
Tinubu sold Buhari to us. Buhari brought in his weapon of economic destruction in the person of Efulefu 4 Likes
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Re: How CBN's CRR Policy Will Kill The Economy - Akin Oyebode by Kennitrust(m): 8:58pm On Oct 03, 2022 |
Certainly there is a better day ahead of us 2 Likes 1 Share
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