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Nairaland Forum / Nairaland / General / Politics / The Economy Just Got More Turbulent - Punch Editorial Board (11393 Views)
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The Economy Just Got More Turbulent - Punch Editorial Board by Islie: 8:47am On Oct 16, 2023 |
REALITY is piercing the optimism of multilateral agencies and domestic stakeholders hoping that President Bola Tinubu’s adoption of some of their standard prescriptions would quickly revive the economy. The IMF revised its earlier growth forecast for Nigeria for 2023 downwards from 3.2 per cent to 2.9 per cent, while the World Bank voiced fresh concern over rising debt. Among business operators, apprehension is mounting as adversity threatens many more enterprises. https://punchng.com/the-economy-just-got-more-turbulent/ 6 Likes 2 Shares
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Re: The Economy Just Got More Turbulent - Punch Editorial Board by Bankowner: 8:55am On Oct 16, 2023 |
Are you talking about the economy that refuses to respond to all manner of prescriptions to get it out of its deteriorating comatose condition? One minute, we're told the reason the naira is in a free fall is because of one thing, one thing, one thing. Prescribed solution to the one thing ends up causing a landslide. 25 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by OkCornel(m): 8:58am On Oct 16, 2023 |
Dividends of Tinubu’s government. In April, he promised naira will exchange to the USD for 300 “in the short term” https://hallmarknews.com/president-tinubu-seeks-urgent-reform-in-monetary-policy-regime/amp/ How market na? See pictures 3 & 4 on the EIU forecast for Nigeria. Gradually coming to reality. Buhahaha, we’re fast approaching EIU’s forecast exchange rate to the USD for 2028 in 2023! Tinubu is a genius, Tinubu till 2031 😂 24 Likes 1 Share
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Re: The Economy Just Got More Turbulent - Punch Editorial Board by kettykin: 9:00am On Oct 16, 2023 |
Nigeria is in for a bumper harvest but the people who voted APC will reap what they sowed 67 Likes 5 Shares |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by OkpaNsukkaisBae(m): 9:00am On Oct 16, 2023 |
Renewed shege pro max. 42 Likes 1 Share |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Houseontherock1: 9:01am On Oct 16, 2023 |
Nigeria is not working because our leaders are bereft of ideas to move the economy forward. Everyone wants to eat their share and drop the national cake after 8 years without proffering any viable solutions for the incoming dunderheads 16 Likes 1 Share |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Ckonnet: 9:18am On Oct 16, 2023 |
Nigerian politicians are just demonic and wicked, they know what to do but they prefer playing their stupid politics at the expense of the populace. Why would you float naira and remove subsidy at the same even when your economy depends on this factors. 16 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Nokio2: 9:24am On Oct 16, 2023 |
If not for fear of bomb I go still consider japa to Gaza When u enter Street people dey waka like world war z zombies! 23 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by psucc(m): 9:26am On Oct 16, 2023 |
Less than 6months into the life of this administration. We prepare for it |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by SpatialKing(m): 9:32am On Oct 16, 2023 |
Tinubu graduated with a First Class in Accounting and economics from the prestigious Chicago State University he was the chief accountant at Deloitte. The solution to Nigerian economy shouldn't be like rocket science to him 36 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Akfrenzy(m): 9:34am On Oct 16, 2023 |
The first class MOFO Agbaya forger 😆 Is busy doing his miscreants April fool with palliative promises 😆 35 Likes 1 Share |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Skillsnigeria: 9:35am On Oct 16, 2023 |
Hmmm |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Orire01(m): 9:35am On Oct 16, 2023 |
omo I still sell affordable laptops and phones Details on my signature |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Chuknovski(m): 9:35am On Oct 16, 2023 |
Better days ahead, God's grace |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Millimann: 9:35am On Oct 16, 2023 |
"This govt will favour me and my family" said Agbado e-rodents. 12 Likes 1 Share |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by nedu666: 9:36am On Oct 16, 2023 |
Nigeria politicians are wicked and devious. They travel abroad, see well functioning societies, but rather than replicate such in Nigeria, they prefer to steal all the money and buy houses abroad. 18 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by gameova(m): 9:37am On Oct 16, 2023 |
No lie 1 Like |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by money121(m): 9:37am On Oct 16, 2023 |
Wahala |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by bestman09(m): 9:37am On Oct 16, 2023 |
The agbadorians and their zom.bie supporters will never agree 14 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by benuejosh: 9:38am On Oct 16, 2023 |
We will sail through. Bobo Chicago is in charge and with God helping us and collectively we will sail through. I believe Nigeria is rising to the Pinnacle of greatness. 3 Likes 2 Shares |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Mrdecent(m): 9:38am On Oct 16, 2023 |
When will all these end exactly? 2 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Neckpresser101: 9:38am On Oct 16, 2023 |
Technocrats on the mud hahaha 17 Likes
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Re: The Economy Just Got More Turbulent - Punch Editorial Board by BigBlackPreek(m): 9:40am On Oct 16, 2023 |
God have mercy on us in this country oh! 2 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Cruise777: 9:40am On Oct 16, 2023 |
Dangote Refinery the game changer . |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Akaegwu(m): 9:40am On Oct 16, 2023 |
I'm not bothered. One corn 🌽 is enough for me par day. 19 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Enemyofpeace: 9:40am On Oct 16, 2023 |
Everything is now very expenses in Nigeria People will easily come online and say "Pray for me, I'm down with malaria", but no one will say "Pray for me, I have gonorrhoea " 😒😒😁 4 Likes |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by BabaAgba79(m): 9:41am On Oct 16, 2023 |
Islie: The economy cannot be better! Not because it is Tinubu that is ruling instead of Peter Obi or A. Abubakar. The economy cannot be better because there is over reliance on dollars! The "Big Men" including top military officers and politicians are holding the country to ransom. The crash of subsidy and single source of foreign exchange are good way to go. However, a lot of things need to be done to crash the rising cost of inflation. This can only be done when the CBN regulates the parallel market itself and its own commercial banks robustly. The difference btw the parallel market and the official market should be +2-2. It is a known fact that, Nigerians are not patriotic! This should actually begin from the head of Government down to each last person in the country. Nigeria, I believe shall be great again. It is just a matter of time. 1 Like 1 Share |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by Artiiclebeast: 9:41am On Oct 16, 2023 |
The aircraft is getting tossed by massive turbulence, yet, the pilot is drunk in arrogance and incompetence is oozing due to his obvious lack of proper qualification as a pilot. They've given him suggestions to finally capture the entire nation's natural resources through "privatization". The next reason the incompetent morons will give for their failures and cluelessness will be to heap the blame on the Israeli-Hamas war. 7 Likes 1 Share |
Re: The Economy Just Got More Turbulent - Punch Editorial Board by BreakingNews21: 9:42am On Oct 16, 2023 |
Punch been hating for almost a decade now. The 2nd Niger bridge completion was a major accomplishment. Lagos Blue Line Trains Now Run On Electricity (Videos). - Travel - Nairaland Oct 15 https://www.nairaland.com/7878016/lagos-blue-line-trains-now |
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