nairavsdollars:
We expect you to appoint a seasoned economist or MD of one of the banks as Central Bank of Nigeria governor but you appointed a man that served under you as Commissioner when you were governor in 1999.

Cardoso appears clueless as Naira continues its free fall.

Now N1m = $735

£1 = N1,800

nairavsdollars:
We expect you to appoint a seasoned economist or MD of one of the banks as Central Bank of Nigeria governor but you appointed a man that served under you as Commissioner when you were governor in 1999.

Cardoso appears clueless as Naira continues its free fall.

Now N1m = $735

£1 = N1,800

TimeManager:

Lol, so a seasoned economist would magically replenish the treasury with loads of dollars he kept under his bed?. As an import-dependent country, how else do you earn FX?, what are you producing to earn you FX?. How much do you even have in your reserves when Cardoso took over?

-kiss the truth!

Floky215:


But how where they able to do it during Obasanjo through Jonathan era? It's only when the APC vampires came in that thing turned south and continue to plummet southward everyday ..!!!

pharmagba:


Because you can no longer steal our money again
Stop the 5th columnist agenda

Nigeria shall be great again.

Good2go1:
We know the region that have agenda to move FCT to Lagos so which agenda are you talking about again? You guys should keep supporting failures on the alter of tribalism why hunger kill everyone last last

Armaggedon:
Idiot is busy moving CBN headquarters to Lagos while the economy is collapsing. Some people just can't seem to rise above ethnic consideration in making commonsensical judgement that benefits all

Tochi3:
...if the thief in Thief'nubu did not.. who would have supplied him more Bullion vans..

Bulliontocrazy

nairavsdollars:
We expect you to appoint a seasoned economist or MD of one of the banks as Central Bank of Nigeria governor but you appointed a man that served under you as Commissioner when you were governor in 1999.

Cardoso appears clueless as Naira continues its free fall.

Now N1m = $735

£1 = N1,800

nairavsdollars:
You dey ment? Who mention Emefiele here?

TimeManager:

Lol, so a seasoned economist would magically replenish the treasury with loads of dollars he kept under his bed?. As an import-dependent country, how else do you earn FX?, what are you producing to earn you FX?. How much do you even have in your reserves when Cardoso took over?
Ps- GEJ met $20b in reserves and oil price was at all-time high but he left $2billion

-kiss the truth!

bdon12:

Yes someone like emefiele,pat Utomi etc

TimeManager:

Lol, so a seasoned economist would magically replenish the treasury with loads of dollars he kept under his bed?. As an import-dependent country, how else do you earn FX?, what are you producing to earn you FX?. How much do you even have in your reserves when Cardoso took over?
Ps- GEJ met $20b in reserves and oil price was at all-time high but he left $2billion

-kiss the truth!

pharmagba:

Tinubu is God answered prayer to Nigeria

Armaggedon:
Idiot is busy moving CBN headquarters to Lagos while the economy is collapsing. Some people just can't seem to rise above ethnic consideration in making commonsensical judgement that benefits all

Oghene86:


I know this guy would be a failure, but you allow them disgrace themselves, Naira to dollars is fast approaching 1500 before April.

SensetionalGoal:



You fail to address the essence of this post which is the incompetency of cardoso

And as usual you have turned it into ethnic bashing thing.... for how long are you going to continue doing this?

Which universal law are you talking about and which region are you referring to... Start by mentioning your own region

SouthSouth1914:


You are a half baked educational slowpoke. What was the appointment for if not to turn around the economic woes Nigeria is currently experiencing. Your ilks are the ones currently supporting Tinubu, yet were quickly to judge GEJ because of ethnic coloration!

oyatz:


First, you need to understand the roles and functions of the CBN, before assessing whther they have done well or not in these duties.

most Nigerians were born into and grew up with the system in which the CBN uses the Foreign reserve to artificially fix the exchange rate (often with multiple exchange rates e.g #450= $1 for Hajj travellers, #520= $1 for international students, #530=41 for Petrol marketers etc) . This is not the core mandate of the CBN ,more over, such policy is no longer sustainable.
Another problem of this artificial exchange rates is that those who got it at a cheaper rate always go back to re-sell it at the black markets at exorbitant prices which further worsen the crisis.

oyatz:


How much should the exchange rate be?

oyatz:


You just argue based on emotion, not facts.
This look like one SS-3 guy who became very angry with his father for relocation of the Family from a Duplex at NNPC Quaters at Asokoro to a Bungalow at Suleja after the Father retired from the NNPC. The guy who grew-up living in NNPC Senior Staff Quarters had taking it for granted that that is their 'level' and didn't recognized the fact that their status changed when the Father ceased to be an employee of NNPC and yet to face the realities of their 'real level'

gammarays:

You mean the same Cardoso that worked with Emefiele in the same CBN board of directors?

The same Tinubu that appointed 50% of Buharis cabinet?

The same APC?

Birds of same feathers flock together 🙄🙄