Upworkwriter007:
Does the policy favor you? Abi why you guys they act like this?

yes it does. Politicians only complain when things don't favour them. Fok them all

Oga that stashed cash in u people's custody, catch fire, I repeat catch fire. You that understands economics, how come Kaduna is not doing well? Ewu!

duro4chang:
Emefiele is the worst CBN governor

By extension,ApC government is the worst government in Nigeria"s history..

SmartPolician:
The way El-Rufai is granting media interviews and insulting Emefiele (while exonerating Buhari) you will think that only Kaduna State is going through these hard times. There's more to it that meets the eyes!

A Governor in the NW has #22Billion cash old naira notes. A certain unnamed Governor.

This man should shut up already, political hypocrite

Nemere2020:
editorial-the-urgent-necessity-of-saving-nigeria-from-its-central-banker.html



https://twitter.com/elrufai/status/1625135898164621313?t=oKH1Ghk2j1COJuxKHRhSRA&s=19


Mr El-Rufai was reacting to this editorial:


The urgent necessity of saving Nigeria from its Central Banker


https://www.premiumtimesng.com/opinion/editorial/581600-editorial-the-urgent-necessity-of-saving-nigeria-from-its-central-banker.html

kokoA:
Must everything be about politics? Our economy has almost collapsed completely under this Emefiele of a man. If this doesn't worry you then I'm scared for you.

You're myopic for asking if everything must be polictics. How do you mean for saying that? Why do y'all want to push the blame on failing economy on the CBN Governor? Are y'all mad ? How is Naira redesign problem of the economy? Do you ever care to question Buhari's economic policies? What about your Minister of finance? Or is because emefele and headlines couple of days he automatically becomes the problem of the country?

Enemyofpeace:
yes it does. Politicians only complain when things don't favour them. Fok them all

40% of Nigerians don't have a bank account, will the policy also favor them? Oh! Your name says Enemyofpeace , so it'll definitely favor you.

4ward4:


You aren't having a sudden transition. Sooner than later cash will be reserve mainly for the pepper and Okada traders.

Before then sir, let us agree that:
1. This Emefiele policy is not well executed.
2. Nigerians are presently suffering.
3. Cashless policy requires adequate time going by the nature of our economy for now.
4 CBN should conduct more research pertaining to the percentage of people in different categories.

Jack500:
Emefiele will be the first person to be jailed as soon as Tinubu is declared winner.

Very useless CBN governor

Hypocrites everywhere. Emefiele is useless but the APC that left him as CBN Governor for 8 years is useful. Blind, two faced bat. Because this policy is threatening your bullion van electoral system Emefiele has suddenly become evil.

Everlastingson:



A Governor in the NW has #22Billion cash old naira notes. A certain unnamed Governor.

Don't mind those jokers. It's not possible. It was said to make nonsensical of the Naira design policy.

If a bank releases that amount of money to one governor, they are in trouble. Don't let these politicians fool you. Their best weapons are propaganda, lies and deceits.

Upworkwriter007:
40% of Nigerians don't have a bank account, will the policy also favor them? Oh! Your name says Enemyofpeace , so it'll definitely favor you.

it still doesn't change my opinion and I'm entitled to it. As e dey pain you, e dey sweet me, as e dey sweet me, e dey pain you

Everlastingson:



Hypocrites everywhere. Emefiele is useless but the APC that left him as CBN Governor for 8 years is useful. Blind, two faced bat. Because this policy is threatening your bullion van electoral system Emefiele has suddenly become evil.

no mind dem

El Rufai can't even boat if knowledge of basic leadership.... Core terrorist sympathisers

Take Back Your Country
ItIsNowOrNever
ObiDattiToTheRescue

You can say that again

ppogba:


Before then sir, let us agree that:
1. This Emefiele policy is not well executed.
2. Nigerians are presently suffering.
3. Cashless policy requires adequate time going by the nature of our economy for now.
4 CBN should conduct more research pertaining to the percentage of people in different categories.

I will definitely agree to some of your listed points. I myself I am affected by this.Funny enough I lost money by sending to a frnd to withdraw from his locality ,since the person claimed they had pos working . Uphill today my money haven't been gotten.
We are already in it , let's swim through

duro4chang:
Emefiele is the worst CBN governor in the history of Nigeria. He is a failure

You can say that again

kokoA:
Must everything be about politics? Our economy has almost collapsed completely under this Emefiele of a man. If this doesn't worry you then I'm scared for you.

Which economy collapse are you talking about that is different from what we have been tolerating for nearly 8 years? You are a simply a liar trying to project the Buhari failures which didn't start just last month on Emefiele. So you just suddenly woke up to realize the economy isn't working? Neegga please!

Jack500:
Emefiele will be the first person to be jailed as soon as Tinubu is declared winner.

Very useless CBN governor

He will go for another check up.

duro4chang:
Emefiele is the worst CBN governor in the history of Nigeria. He is a failure

waste of time. Let hell rufai talk about vote buying and bullion vans.

if Emefiele opens up the can of worms of tinubus bullion vans it will be game over for him.

Really, he ought to have been sacked a long time ago, especially when he bought the presidential nomination form.

You may recall that Adeosun at some stage disagreed with some of his monetary policies, when she was still manning the stakes.

https://www.nairaland.com/3365946/recession-cbn-governor-finance-minister
https://www.nairaland.com/3362129/cbn-rejects-adeosuns-call-interest/1

CBN disagrees with Adeosun, refuses to cut interest rate

The lack of proper coordination between the nation’s fiscal and monetary authorities has become manifest as the Central Bank of Nigeria CBN,Tuesday refused to cut interest rate, as expressed by the Minister of Finance, Mrs. Kemi Adeosun .

SWATMan:



You knew all this and yet APC left him to destroy their 'change' mantra. By claiming that Adeosun kept him in check is a fat lie that reveals that you have not read the CBN act to understand the limitations of a finance minister over a CBN governor. Wether you believe it or not, just accept that APC has failed and every one who elected this government is also part of the mess. Making him the fall guy shows the level of desperation and irresponsibility of this government. Or like Farah Aideed posted yesterday to counter BAT's claim of having the panacea for our power problems that Tinubu should have given the blueprint to Fashola to solve our electricity problem. Uneasy lies the head that wears the crown.

Racoon:
Meanwhile, El-Rufai's grasp of bandits and BH terrorists atrocities is excellent. A well know BH commander who claimed he paid Fulani terrorists to stop killing southern Kaduna people? Werey gbogbo!

All I know is the bastarrd is a competent politician.

And that's what irks me...

Racoon:
Meanwhile, El-Rufai's grasp of bandits and BH terrorists atrocities is excellent. A well know BH commander who claimed he paid Fulani terrorists to stop killing southern Kaduna people? Werey gbogbo!

IPOB can believe DUMB LIES

Cry me a river Eltufia, the way you have been whining and thinning since this month on this new naira design leaves little or nothing to be desired. Curiously, you have been crying more than the bereaved. If you are this compassionate about the common man your state wouldn't have been plunged into this preventable ethno religious war.

Emefiele should call out Buhari. This is the fault of the president. Emefiele is just following orders...Greatest mistake Nigerians made is electing a president with cow brain.

Nemere2020:
editorial-the-urgent-necessity-of-saving-nigeria-from-its-central-banker.html



https://twitter.com/elrufai/status/1625135898164621313?t=oKH1Ghk2j1COJuxKHRhSRA&s=19


Mr El-Rufai was reacting to this editorial:


The urgent necessity of saving Nigeria from its Central Banker


https://www.premiumtimesng.com/opinion/editorial/581600-editorial-the-urgent-necessity-of-saving-nigeria-from-its-central-banker.html

EFCC and DSS should investigate E-Rufai, the way he has been crying over the naira redesign shows he probably has stash of it in a secret warehouse somewhere, we didn't hear him cry at all when Southern Kaduna people were killed on weekly basis like chicken while he sits in his house like nothing is happening.

Urchin1:
Ipob gave us the dullest CBN governor we have ever had

From less than 200 Naira to a Dollar, the mofo controlled the Naira to around 800 Naira per dollar.

He is the biggest failure and this cash swap is a monumental calamity where he turned the masses against the commercial banks.......

He is crazy and seems to be on drugs

Enemyofpeace:
it still doesn't change my opinion and I'm entitled to it. As e dey pain you, e dey sweet me, as e dey sweet me, e dey pain you

I'm not suffering lad. I know you don't care about these categories of people, but it should worry you just a bit. We can't all be wicked.

Allow these old notes to operate side by side with the new notes in the interim while the CBN works to correct the shortfalls. The economy is
gradually grinding to a halt. Most private sector projects are suspended. For now, cash is king. The Emiefele grandstanding will not help. An election is coming in two weeks. What magic is PMB planning to help his party because everyday he makes condition worse for his party.

Upworkwriter007:
I'm not suffering lad. I know you don't care about these categories of people, but it should worry you just a bit. We can't all be wicked.

no gain without pains. For Nigeria to be good, the people should be ready to make some sacrifices

duro4chang:
Emefiele is the worst CBN governor in the history of Nigeria. He is a failure

Worst, how many central bank Governors have you known in the history of Nigeria, How old are you ? I beg go sit don, go sleep.

2rutalk1:
El-Rufai is right. It is wrong to assume that reducing the quantity of money in circulation will reduce inflationary pressures automatically.
What reduces inflation is high level of productivity and not the quantity of money in circulation. Inflation has negative or inverse relationship with production capacity.

Emefiele should seek a crash course in Monetary Economics.

naira crash is more of monetary policy than economic policy.

This same El-Rufai didn't write epsitles when Southern Kaduna Christians were being massacred in their sleep by his marauding and blood thirsty Fulani Bandits.

All what we saw and heard as the blood of innocent Christians were spilled in Kaduna were El-Rufai's faux indignations and attempts to make lightwork of what was indeed the tragic loss of lives and properties of a people he was meant to protect as the Chief Security Officer of a State.

Suffice it to say that the lives of Southern Kaduna Christians who were killed by incessant jihadi campaigns did not matter to this diminutive terrorist supporting and sectionalism promoting man at the helms of Kaduna State affairs?

El-Rufai must first address the mess he created in Kaduna State before he could be taken seriously on national issues and by extension, complex financial issues that are simply beyond his grasp.

Clearly, the Naira redesign policy is out is out his depth and he should leave finances to experts who are trained to handle such issues.

He should focus on Kaduna State where he has turned a rotten situation to a bad one.