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Nairaland Forum / Nairaland / General / NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu (14392 Views)
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Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by OboOlora(f): 10:18am On Aug 17, 2023 |
Ok |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Nobody: 10:18am On Aug 17, 2023 |
That loan, won't federal government pay it back? What will happen to Naira when they'll be paying it back? 1 Like |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Proudlyomonna: 10:20am On Aug 17, 2023 |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Shattuck(m): 10:20am On Aug 17, 2023 |
So true |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Peterep: 10:23am On Aug 17, 2023 |
Risingblue008:it was a stolen mandate all in the name it is my turn 2 Likes |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by easzypeaszy(m): 10:23am On Aug 17, 2023 |
Klington:u be chimpamzim.. I kw u live in d jungle so u only rely on iPob news |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by MotiveU(f): 10:25am On Aug 17, 2023 |
Dreamhighnow:Go and buy dollar.. This magic won't work |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by phemmyfour: 10:26am On Aug 17, 2023 |
Free2airing:It will continue to fall.....you can't use firebrigade approach when it comes to the economy |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by MT: 10:26am On Aug 17, 2023 |
Zupay:This loan won't be repaid with cash. The collateral here is certain volume of untapped crude oil still inside the ground. It is like taking an upfront payment for goods and services 1 Like |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by emerged01(m): 10:26am On Aug 17, 2023 |
Free2airing:No mind am |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Smartguyboy(m): 10:28am On Aug 17, 2023 |
Can’t believe with need dollars to better our economy the world need to find a way to stop the dominate of dollars . |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Bodexinvest: 10:29am On Aug 17, 2023 |
Dubious or not, let them stabilize the naira. 2 Likes |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Klington: 10:29am On Aug 17, 2023 |
easzypeaszy: I know you have a very poor IQ of a low grade !mbécíle. I understand your frustrations. 1 Like |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Freebills12: 10:29am On Aug 17, 2023 |
[color=#000099][/color] Tareq1105: Borrowing $3 billion by NNPC will stabilize Naira? Are u high? Is NNPC a CBN? If they said that they borrowed it to repair PortHarcout refinery do you think that people will react? NNPC should channel the money to repairing of refinery. They can't stabilize Naira. |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by slowice(m): 10:29am On Aug 17, 2023 |
leisuretym: You are talking off point.. How's his personal life your business.? Him be dryg pusher? |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Inosky: 10:35am On Aug 17, 2023 |
Tifnubu has nothing to offer Nigeria, only crumbling our economy and looting with his gangs. Know this and know peace. |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Willie2015: 10:35am On Aug 17, 2023 |
leanonme82: Dont mind that goat. He criticised Tinubu efforts... yet could not give any solution to the problem. |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by nairalanda1(m): 10:37am On Aug 17, 2023 |
leanonme82: It's still lipstick on a pig. It also does not address the elephant in the room....we are not earning enough in dollars for the national treasury, and subsidy removal just lightened the burden, but not by very much. It's still darn heavy |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by adioolayi(m): 10:39am On Aug 17, 2023 |
Sometimes, when you choose to always criticise government policies and moves blindly, all in the name of opposition...you end up appearing empty! The economy is on the brink of collapse...fuel subsidy is removed and there is pressure on price of PMS due to rising cost of crude. There is scarcity of FX for PMS importers, because CBN cannot meet their FX demands.. This is forcing these players to source for FX at black market and the resultant effects is more pressure on Naira that has already been devalued..the gap between official and black market rates keeps widening...and the prices of goods and services are skyrocketing. So, what exactly is bad in NNPC sourcing for their own FX and possibly that of PMS importers from international partners like Afrixim bank This move, yes temporary, will ease off pressure on the demand for scare FX since the PMS importers are the major consumers of FX. Hopefully, this temporal measure will give ample time for atleast PHC refineries to start working. So, nothing wrong in technically buying time to resolve some issues like fixing of refineries. This move will also strengthen the Naira and the fear of increasing the PMS pump price. 3 Likes |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by slowice(m): 10:42am On Aug 17, 2023 |
His cluelessness was obvious during campaigns but urchiins cheered at his embarrassing and empty campaign. Na statistics we go chop? Urchinns cheered Now is time to put in work and they expect some sort of miracle.... He can't give what he doesn't have.... Dude is empty. We needed someone different from the average politician, one who is corruption free, who has no interest in amassing ill gotten wealth, who understood economics and business, who's not tribalistics.... We need to sharply move away from the status quo but urchiins, vultures and tribal worriors said no, he built Lagos. |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Alabaintprice(m): 10:45am On Aug 17, 2023 |
Free2airing: Aren't you just f00lish and dumb... Borrowing dollar to balance the naira. Then when paying back with interest will you use naira to pay or dollar ... Where will the dollar then come out from .. Dundee |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by CalabarPikin: 10:46am On Aug 17, 2023 |
https://www.facebook.com/officialmc3310/videos/1147629696625298/?mibextid=NEfrCqdcncT1EUS5 So much said and revealed here |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by BoldBrainz(m): 10:47am On Aug 17, 2023 |
I'm really starting to like Phrank Shaibu's role as Atiku's media representative. Man's putting the right words in their proper places. 1 Like |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by leanonme82: 10:48am On Aug 17, 2023 |
nairalanda1: Everybody knows this. Do Ur part by ensuring u only buy Nigerian and starve dollar demand. Tinubu is an accountant and focusing heavily on revenue. This is why there has been a lot of activity in the SS recently to cut off illegal crude loopholes and his focus on natural gas. We have other industries of course and Buhari did a remarkable job on Agricultural exports.Im not sure this govt is focused on injecting money into other sectors apart from this 2 though. 1 Like |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by allthingsgood: 10:49am On Aug 17, 2023 |
Klington: always complaining. everything is negative in your eyes. keep waiting you hear |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by iyke2frankeze: 10:50am On Aug 17, 2023 |
I am very much surprised that the same illiterates who were boasting that the fall of Naira will increase local production are rejoicing over increasing bondage called loan. Is the Naira fall no longer intentional by the world best economist and master strategist Ebola Tinubu to increase local production? |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Jostoman: 10:53am On Aug 17, 2023 |
leisuretym:dont just open your mouth and talk what you dont know. Were you there when he borrow money from dubai? 1 Like |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Emusan(m): 10:54am On Aug 17, 2023 |
Free2airing: So why is FG hidden under NNPC? The self acclaimed Accountant couldn't believe his failure! |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Jostoman: 10:55am On Aug 17, 2023 |
AntiChristian:All eyes on judiciary. |
Re: NNPC’s $3bn Loan, FG’s Dubious Attempt To Stabilise Naira, Atiku’s Aide, Shaibu by Klington: 10:55am On Aug 17, 2023 |
allthingsgood: Listen to yourself. When did the nnpc become the CBN or economic mgt team? What's the rationale in borrowing dollars to "stabilize" naira that you will still use the same dollar to pay back with interest? Is it that you people's brain are fixed or you just choose to be irredeemably dumb |
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