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Blame Tinubu For The Devaluation Explosion After IBB Coup - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBlame Tinubu For The Devaluation Explosion After IBB Coup (339 Views)

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Blame Tinubu For The Devaluation Explosion After IBB Coup by nobaga(op): 3:00pm On Feb 03, 2024
Clueless Buhari Without Idiagbon Spine argued against Oil subsidy for importers with Tam David West but relented.

Clueless Buhari argued against Corruption and championed corruption.

Clueless Buhari defied IMF on Structural Adjustment and Devaluation but was overthrown by IBB who obsequiously relented.

Tinubu cannot do the same thing on Devaluation that every Leader did and affect change.

Tinubu worst critics are the same importers of garbage on the high seas, used goods like clothes, electronics, pins, toothpicks and exporters of nothing.

Under restrictions and selective imports, Nigeria fought a War without borrowing a kobo.

Under Ban, Restrictions and Selective imports, Naira was one and a half U.S dollars and one to one with British pound.

Dr. Shodipo and Fela paid heavy price for violation.

Dey Play!
Re: Blame Tinubu For The Devaluation Explosion After IBB Coup by gaby(m): 3:05pm On Feb 03, 2024
This is a new one...haba

All the way to IBB?

No longer GEJ or the recent Bubu?


In my opinion, na Abubakar Tafa Balewa cause am.
Re: Blame Tinubu For The Devaluation Explosion After IBB Coup by nobaga(op): 3:21pm On Feb 03, 2024
https://www.modernghana.com/news/1250611/nigerians-laundered-more-forex-to-colonialists.html

Doing the same thing before IBB and expecting different results.

gaby:
This is a new one...haba

All the way to IBB?

No longer GEJ or the recent Bubu?

In my opinion, na Abubakar Tafa Balewa cause am.
Re: Blame Tinubu For The Devaluation Explosion After IBB Coup by banku: 1:53am On Feb 04, 2024
What is new about devaluation of naira?

Unless you know an African currency that was once devalued and came back up. It is a slippery slope, with no end in sight as the consumers of foreign imports encourage the importer to import more. Then blame others for their foreign tastes.
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