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Nairaland Forum / Nairaland / General / Politics / Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis (457 Views)
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Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by Kingsmeal: 10:47am On Feb 06, 2023 |
Who is the minister of finance? Why is no one blaming the person as they did Ngozi Okonjo Iweala? Is it because she's a Northerner? 1 Like |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by Moh247: 10:50am On Feb 06, 2023 |
Ipobians and inferiority complex of always comparing with others Fiscal Policy vs Monetary policy Zahnab Ahmed already made it clear she was never informed on Naira notes change . 4 Likes |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by bjdon: 10:54am On Feb 06, 2023 |
What is it to do with the finance ministry? CBN is responsible for currency operations. 2 Likes |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by MadamExcellency: 10:55am On Feb 06, 2023 |
Finance Ministry is not in charge of Monetary Policy and Currency Operations. The problem of scarcity of cash is not a fiscal policy. Monetary policy is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like inflation, consumption, growth and liquidity. 1 Like |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by brain54(m): 10:57am On Feb 06, 2023 |
Minister of finance that wasn’t even aware or the naira redesign and policy until the final minute… Must everything boil down to ethnically/tribalism in this country? 1 Like |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by inoki247: 10:57am On Feb 06, 2023 |
You people and daftness after the ministry av come out to tell you they don't know anything Abt it... 1 Like
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Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by 9jatriot(m): 11:04am On Feb 06, 2023 |
Not only that,, she also then said it will have grave consequences on the Naira, which with the benefit of mindsight shows she was even putting it mildly. Most people view things like this from a position of tribal lens. Apparently the woman get sense pass Meffy, PMB should have consulted a lot more rather than let a political Meffy mislead him. inoki247: |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by inoki247: 11:34am On Feb 06, 2023 |
9jatriot: Just leave dos people they will call others tribalist and na dem practice the same tribalism pass... Since they've implemented the jargons policy Naira Neva get ordinary 20naira value towards Dollar so what's the advantage of the jargons to the masses.... Even the minister wey we think say she daft saw the danger in the implementation buh Emiefiele wey some people think say na him wise pass didn't see the danger and hell his going to put the masses... 1 Like |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by ganisucks(f): 11:38am On Feb 06, 2023 |
Kingsmeal:The Apex bank is the institution charged with controlling the volume of liquidity in a country's financial network. They are charged with formulating monetary policy in cognizance with the state of the economy. The finance minister's job is to come up with policy for the economy, not liquidity distribution. |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by ganisucks(f): 11:40am On Feb 06, 2023 |
9jatriot: No, she goofed. She should have kept her voice out of the debate. She has no responsibility over the monetary policy formulated by the Apex bank. Her job is to advice the president, not blab to the media. |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by karnap(m): 11:41am On Feb 06, 2023 |
The deal was from buhari to CBN governor direct. She was left out,beside CBN is the official body that regulate currency. Its not about northerners or southerners things. |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by 9jatriot(m): 12:00pm On Feb 06, 2023 |
No, she never spoke to the press, she made that statement when she was called by the Senate committee to come explain the policy. It was then she made it known she also just heard it from the media and that thinking about it, she predicted that it would result in grave consequences. Na some the consequences we de see so ganisucks: |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by yarimo(m): 12:11pm On Feb 06, 2023 |
Kingsmeal:the cbn governor is not under minister of finance. You guys should read and understand government before you login to nairaland and type rubbish |
Re: Why Is Nobody Blaming The Minister Of Finance In All These Naira Scarcity Crisis by ganisucks(f): 12:32pm On Feb 06, 2023 |
9jatriot:Talking to the senate at an open doors hearing is the very definition of blabbing to the press. |
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