Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy - Politics (3)

Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy (37234 Views)

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Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Enice(m): 5:08pm On Jun 14, 2023

Flets:
At what rate will the CBN sell FX and who fixes the rate? CBN or free market? How is it different from the current debacle?

Oga, who fixes FX worldwide? Who have been fixing it all this while? The CBN will sell at market price. Price is determined by demand and supply.

4 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Idaytesj29(m): 5:09pm On Jun 14, 2023

deeva2:
South South has produced President, Vice President, Senate Minority Leader, deputy senate President and now Senate President.

South East has produced Elu Pee, an online/Twitter president.

He deceived his people and destroyed their stake both in PDP and APC.

God bless you. He played politics of religious and ethnic division. Filled with hateful propaganda against the persons of his opponents. He also had the back of a terrorist-like misguided followership who made it a duty to curse, abuse, and threaten anyone who has a different political opinion from theirs. Where has it now taken them to? A politically stranded Sahara desert with no hope or plan, increasing their hate and prediction with their hopeless political future always hanging around their neck.

10 Likes 2 Shares

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by emerged01(m): 5:10pm On Jun 14, 2023

Jhonnydurgs:
BAT isn’t someone I hate just his age but that one no mean he get people for back way day push things straight. We go reach one day!

Na the right team and he is known for that. I see the hands of Lamido sanusi.

6 Likes 2 Shares

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by kokorokoman: 5:10pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

WAIL done sir.

5 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by obembet(m): 5:10pm On Jun 14, 2023

tooth4tooth:
Wonder shall never end . Even Olisa Agbakoba has seen the light.

Him brother go soon cut off his head

3 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by TheBillyonaire: 5:11pm On Jun 14, 2023

Subsidy, Gone.

Electricity Sector, Liberalized.

Education Loan, being structured.

Currency, Floated.

The Next bold move should be - State and Local Government Police as well as provision of credit lines for start ups and commercial loans for enterprise scaling.

So far, this known Drug Lord according to Reno Omokri, might just execute all programmes that Peter Obi was loved for promoting in his campaigns.

I am totally excited about Tinubu's performance now. Nigeria about to take off.

1 Like 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Never4getU: 5:11pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

Are u for real, simple economy??

One can only worry less when comment are easy to identify a particular region. I'm not surprised either! When the likes of olisa agbakoba talks small nyansh go dey shake... rubbish

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Alvin212(m): 5:12pm On Jun 14, 2023

Idaytesj29:
God bless you. He played politics of religious and ethnic division. Filled with hateful propaganda against the persons of his opponents. He also had the back of a terrorist-like misguided followership who made it a duty to curse, abuse, and threaten anyone who has a different political opinion from theirs. Where has it now taken them to? A politically stranded Sahara desert with no hop

e or plan, increasing their hate and prediction with their hopeless political future always hanging around their neck.

Lame

How much do you buy fuel

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by NOHOLDSBAR: 5:12pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

Pain

1 Like 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by LegendHero(m): 5:12pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

Previous president are waiting for the right time since 1999 and that’s what led us here.

If Tinubu had been a coward too, he can just continue to borrow borrow and cripple the economy too. When the government don’t have money again to pay salaries, those poor you think will suffer now will bear the brunt. Go and check our finance, it’s all red.

Anyone telling you there is measurable palliative that will suddenly make the poor happy without feeling some initial pain with subsidy removal is a great liar.

Stop typing nonsense.

9 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Djponyan1: 5:13pm On Jun 14, 2023

Tinubu my man.

3 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by SSpeter(m): 5:14pm On Jun 14, 2023

deeva2:
South South has produced President, Vice President, Senate Minority Leader, deputy senate President and now senate President.

South East has produced Elu Pee, and online/Twitter president.

He deceived his people and destroyed their stake both in PDP and APC.

With all the production has it made everyone from south-south live a better life? After 8 years are there not still extremely poor people in Daura where Buhari came from? The day you realize that tribe and ethnicity has nothing to do with governance then you will be free

2 Likes 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Iluvmycontr3: 5:15pm On Jun 14, 2023

tooth4tooth:
Wonder shall never end . Even Olisa Agbakoba has seen the light.

Exactly!

Action speaks for itself!!

1 Like

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by marlow1962(m): 5:15pm On Jun 14, 2023

CondenseMilk:
what's this man saying sef?

You removed subsidy and still importing fuel !

build refineries simple!

All man they applaud where them dy wn chop, you think say them care 😂 ha

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Flets: 5:16pm On Jun 14, 2023

Enice:
Oga, who fixes FX worldwide? Who have been fixing it all this while? The CBN will sell at market price. Price is determined by demand and supply.

Oga, you have insufficient supply of FX or FX plan to float the naira. The market is now widely open to speculators while your CBN plays catch up.

1 Like 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Patrioticman007(m): 5:17pm On Jun 14, 2023

deeva2:
South South has produced President, Vice President, Senate Minority Leader, deputy senate President and now senate President.

South East has produced Elu Pee, and online/Twitter president.

He deceived his people and destroyed their stake both in PDP and APC.

The Elllpppppeeeee Chief of staff will come for your head.

3 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by saysoo: 5:19pm On Jun 14, 2023

Sablexxxtoons:
Great .. that guy ranting above so you know more than Mr Agbakoba?

and who is Agbakoba? Other african countries eg cameroon,benin rep pegged thiers with France cos of stability and this fool thinks he can muscle the Naira with our huge population and no production. We may go in the way of Venezuala,Zimbabwe or of recent Brazil with inflation over 250%. Emefiele is gone and has defended the naira to his best,let Tinubu a first class accountant do his. Time will tell.

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by BabaAduras: 5:20pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

Are you by chance saying we should have maintained status-quo where a very few were getting rich stealing our commonwealth through dubious Fuel subsidy in combination Nigeria acting as father christmas for our neighboring nations?
If so, you are either involved in fuel trafficking, have something to do fuel importation or you need your head examined.

5 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Wahalawaha1a: 5:21pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

hater

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Henryfortune(m): 5:22pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

..... Can you please explain this economic move it's impact on the economy now and in the future maybe just educate us ...

Hateful 8

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Enice(m): 5:22pm On Jun 14, 2023

Flets:
Oga, you have insufficient supply of FX or FX plan to float the naira. The market is now widely open to speculators while your CBN plays catch up.

Oga, nobody is playing catch up! Price is determined by demand and supply. You buy your FX wherever you want. CBN, bank or Aboki! It is an open door policy.

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by ceejayluv(m): 5:24pm On Jun 14, 2023

Flets:
At what rate will the CBN sell FX and who fixes the rate? CBN or free market? How is it different from the current debacle?

No mind them... When they'll start buying dollar at 1200 Naira soon they'll know what's up..

1 Like 1 Share

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by kosiebe(m): 5:24pm On Jun 14, 2023*

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

Yes ooo. Because you're too daft to see the good side

1 Like

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Satanistx: 5:26pm On Jun 14, 2023

RawSex:
With the way things are going, I'm Afraid nigerians may beg Tinubu for a third term

The real change is here!

JAGABAN!!!

I swear. He is out to make a name for himself

2 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Nobody: 5:27pm On Jun 14, 2023

Lol..na this temporary tinubu regime go make us know those that are really educated from those that are just stupid and ignorant

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by 27Pushing30: 5:28pm On Jun 14, 2023

RHMSTECH:
It’s a good policy to float the NAIRA but there’ll still be black market simply because it’s a problem of liquidity, the supply is low and access by ordinary Nigerians is limited. If dollar is readily available and there’s transparency in the market, this policy might work. Get Dangote refinery working asap , that’s the single most important project we need right now.

nope... there won't be black market at that point...

If banks not get then bdc go get they are official fx traders and because of "scarcity" price will be adjusting unlike before where there's scarcity but CBN will still be giving USD at a fixed rate. you get?

1 Like

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Nobody: 5:28pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Tareq1105: 5:29pm On Jun 14, 2023

Emeskhalifa:
And the past presidents didn't do it?

Abeg make we rest. He is president, we should all support him and hope he does what benefit the masses.

The so called Messiah we are hoping on, won't go in there and do magic. If it were that easy, they say charity begins at home, how is his home state, the same one he governed? We should take a break from all these unnecessary hate and wishing the country fails so we could blame the president.

Obi LP couldn't have taken all these decisive strike. Follow who know road.

3 Likes

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by Ezeama400(m): 5:30pm On Jun 14, 2023

Flets:
All tinubu has done is to set up Nigerian masses for absolute and perpetual suffering.

Why the urge to quickly float the naira without plans? Do we have sufficient USD to flood the market and meet the FX demands in the near term? If people cannot walk into the bank and buy USD without filling forms A, M etc.... its only little time before USD exchanges for 1000 naira

On fuel subsidy, Why should the masses bear the responsibility of the inefficiency of the FG?,

why can’t the FG protect the boarders to ensure subsidized PMS does not get to neighboring countries?

Why has the FG not prosecuted and jailed anyone involved in the subsidy fraud to stop others from doing so?,

The claim that subsisdy is a burden is fallacy cos the subsidizing the actual consumption of less than 10million liters per day is not a burden compared to the FG’s current fraudulent claim of 66million liters per day. Why not a gradual removal of the subsidy?

Where is the savings from Diesel and kerosene subsidy and what has it been used for?

The student loan bill is a plot by the Tinubu led FG t to stop funding tertiary education in Nigeria leading to the end all education subsidy. Who do you think are the final beneficiaries of these moves, same criminals who will end up looting the funds meant to fund the tertiary education.

What exactly is the role of the Nigerian FG if they relinquish every responsibility to the masses? What sacrifice has the political class made in all these mess? Have their allowances being reduced? Any efforts at stopping the lootings?

All Tinubu has done is to transfer responsibilities to the already suffering Nigerian Masses to ensure there is enough for him and his goons that supported him into office

Nice one bro..

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by sapele914(m): 5:31pm On Jun 14, 2023

KingOfIsoko1:
Nothing to applaud here,

It’s simple economics

Be more interested in the issues of Delta state, Nonsensical Almijiri.

1 Like

Re: Olisa Agbakoba Applauds President Tinubu On Floating The Naira And Subsidy by VawulentComrade: 5:31pm On Jun 14, 2023*

Just like the student loan he introduced, let's keep watching and see if they would be a side effects to it in the long run

1 2 3 4 5 6 Reply

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