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Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsTinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba (19497 Views)

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Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Forumites: 3:38pm On Jan 02, 2024
Are we sure these things are being said or done by Tinubu? A president that doesn’t listen to social media? Na him talk am oooo not me.
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by ihesiuloa(m): 3:39pm On Jan 02, 2024
Noted
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by linearity: 3:40pm On Jan 02, 2024
Georgry:
grin


No be Tinubu go tell me wetin I go use my money do, I no go gree for anybody this year.
He is not talking to you!

That is code for those who hide corrupt money from the banking system to evade tracing and prosecution.

He will give them reprieve from prosecution for them to want to play ball.

That tells you the extent of our problem, our Government is now bargaining with criminals to play ball.
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Actuarydeji(m): 3:40pm On Jan 02, 2024
Good news so far
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by happney65: 3:43pm On Jan 02, 2024
updatedws:
This man is just replaying Buhari's script...
he's completely devoid of fresh Ideas.
Someone said he will continue Buhari's policies how do you think anything good will come out of his administration?

How?
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by callmenazarene: 3:43pm On Jan 02, 2024
Good idea. But wait o; I beg who wants to sign the order or who is hoarding money here. Billion vans come to mind!
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Godfullsam(m): 3:44pm On Jan 02, 2024
christejames:
Keep signing then come and force us to spend this scarce money undecided




Oloshi!
Be respectful and sensible for once. This is new year o!

Does that even ring a bell at all shocked

If Nigeria have a working system, an executive order will force you to bring out your money or put it in the bank.

Cash hoarding/laundering is a criminal offense in countries where the systems are working.

Goan hoard money in Europe, your bodi go tell you!
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by callmenazarene: 3:44pm On Jan 02, 2024
Good idea. But wait o; I beg who wants to sign the order or who is hoarding money here. Billion Vans come to mind!
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Otunbakayce: 4:04pm On Jan 02, 2024
Cash out of circulation is a deliberate attempt by the clueless drug addict president to arrest inflation.
A very dumb move!

But is there truly cash scarcity?
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by panpan(m): 4:12pm On Jan 02, 2024
There is, most probably, a foreign or international order on Nigeria to eliminate cash.
The federal government has tried to comply with this order.

The former Central Bank governor, Emefiele, used a cash recolouring and cash confiscation method, but it was resisted.
Now, the federal government is trying to use more gradual and subtle methods to eliminate cash from the society.
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Elinosweet143(f): 4:16pm On Jan 02, 2024
Oga no vex oh, wetin go happen to the money if we bring am out grin, can't help but wonder how this people go on air and say just anything that comes to their mind without listening to themselves. So now na we dey cause cash scarcity abii
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by greenermodels: 4:18pm On Jan 02, 2024
panpan:
There is, most probably, a foreign or international order on Nigeria to eliminate cash.
The federal government has tried to comply with this order.

The former Central Bank governor, Emefiele, used a cash recolouring and cash confiscation method, but it was resisted.
Now, the federal government is trying to use more gradual and subtle methods to eliminate cash from the society.
both governments have printed alot of money in form of cbn loans to fg and it has caused a lot of inflation so they're now trying to reduce the cash in circulation by limiting cash supply, Nigerians are not hoarding cash rather the fg/cbn are withdrawing cash from the economy.
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by ufuosman(m): 4:19pm On Jan 02, 2024
😂😂
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by ceejay80s(m): 4:20pm On Jan 02, 2024
Story
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Kionrae: 4:21pm On Jan 02, 2024
simpleseyi:
You are calling someone who is greater than your whole generation Oloshi, abi you no one the meaning of Oloshi ni?
if thieffnubu is not greater than your whole generation as well make thunder strike me now

Flexing on someone's else wealth is stupeed as hell, na only braindead urchins dey do this thing grin
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Blitzking: 4:26pm On Jan 02, 2024
Who dey hide cash for this economy...maybe political thieves...na person wey Don chop dey hide cash.
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by aylipple: 4:30pm On Jan 02, 2024
Can some of these elder statesmen just keep shut for a minute? You'd a private discussion with the President (who's your friend, ally, political party leader & former colleague) only to come to grant an interview disclosing something he wants to do (whether it'll succeed or not is another topic).
Whether he knows it or not, Chief Osoba has just set up the President for unnecessary drags.
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Bobloco: 4:32pm On Jan 02, 2024
updatedws:
This man is just replaying Buhari's script...
he's completely devoid of fresh Ideas.
What do you expect from an individual whose campaign was "it's my turn"

Nigerians asked for his manifesto, he couple some a book with stolen childhood pictures of the former governor of cross river state, Donald Duke and called it "Renewed Hope" manifesto

Few months after being sworn, no one is hearing about the Renewed hope manifesto because they know it an empty book
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by IfnobeGod20(m): 4:33pm On Jan 02, 2024
It would be good if he can have the political will to do so. The millions of naira that some people piled up in their house is uncalled for and that is why there is scarcity of naira some times. I don't just know why some people are still in archaic life. That is why I just pity those against cashless policy of Buhari that time. Our people doesn't want to grow up, they still want to be living in old age life. It is not possible for you to see a citizen of a developed country with million of their currency. Not possible.
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by lexy2014: 4:33pm On Jan 02, 2024
simpleseyi:
Good.

A new Sheriff is in town
but is it not the same Tinubu who was against the Emefiele whose cashless policy was aimed at discouraging the imaginary "hoarding" of cash?

if you Tinubu says that the cash scarcity is the result of cash hoarding, which money are people hoarding?

why are Nigerians going to banks to withdraw cash if they have cash they hoarded at home?
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by lexy2014: 4:35pm On Jan 02, 2024
IfnobeGod20:
It would be good if he can have the political will to do so. The millions of naira that some people piled up in their house is uncalled for and that is why there is scarcity of naira some times. I don't just know why some people are still in archaic life. That is why I just pity those against cashless policy of Buhari that time. Our people doesn't want to grow up, they still want to be living in old age life. It is not possible for you to see a citizen of a developed country with million of their currency. Not possible.
how are people hoarding cash in their houses?

before Emefiele started his madness with cashless policy, was there cash scarcity and were Nigerians not piling cash in their houses at the time?

is it not the same Tinubu who was against the Emefiele whose cashless policy was aimed at discouraging the imaginary "hoarding" of cash?

if you Tinubu says that the cash scarcity is the result of cash hoarding, which money are people hoarding?

why are Nigerians going to banks to withdraw cash if they have cash they hoarded at home?
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by lexy2014: 4:37pm On Jan 02, 2024
greenermodels:
both governments have printed alot of money in form of cbn loans to fg and it has caused a lot of inflation so they're now trying to reduce the cash in circulation by limiting cash supply, Nigerians are not hoarding cash rather the fg/cbn are withdrawing cash from the economy.
how has printed cash caused inflation?

did Emeefiele not withdraw cash from circulation and limit cash supply?

did that reduce inflation during the period?
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Sijo01(f): 4:42pm On Jan 02, 2024
Provided him and his goons lead by example 😡
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by lexy2014: 4:45pm On Jan 02, 2024
Forumites:
Are we sure these things are being said or done by Tinubu? A president that doesn’t listen to social media? Na him talk am oooo not me.
the question is does Tinubu have any idea what it takes to govern this country?
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Itiskdg121(m): 4:50pm On Jan 02, 2024
BULLION VAN
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by IfnobeGod20(m): 4:50pm On Jan 02, 2024
aylipple:
Can some of these elder statesmen just keep shut for a minute? You'd a private discussion with the President (who's your friend, ally, political party leader & former colleague) only to come to grant an interview disclosing something he wants to do (whether it'll succeed or not is another topic).
Whether he knows it or not, Chief Osoba has just set up the President for unnecessary drags.
I am not a lover of Tinubu but nobody with his right sense will drag him for that policy. No economy grow while the citizens pile up money that suppose to be in circulation inside their wardrobes or holes inside their houses. This is the same policy Buhari through Emefiele brought last year before election and people like Tinubu and his cotravellers criticized but I and other learned Nigerians that want the progress of this country will never criticize such policy because it is for the betterment of the country. I hope you're not part of those that criticized Buhari and Emefiele last year on the same policy?
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by stacyadams: 4:54pm On Jan 02, 2024
Them go no go sign executive order to fix electricity na hoarding money wey people no get Dem wan sign.mtttttccccchw
Re: Tinubu To Sign Executive Order To Dissuade Nigerians From Hoarding Cash - Osoba by Abagworo(m): 5:03pm On Jan 02, 2024
So it is no longer Emefiele. M'una dey play
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