politicoNG:


Previous Thread:
https://www.nairaland.com/8004351/tinubus-naira-floating-ill-advised-atiku

Capital importation into the country is increasing, according to the latest NBS report. In the fourth quarter of 2023, Nigeria recorded a 66.27 percent increase in capital inflow, compared with Q3, before Cardoso’s arrival at CBN. In Q3, capital inflow was $654.65 million. It rose to $1.09 billion in Q4.

Alhaji Atiku will agree that the rise in capital inflow suggests massive investors' confidence in Nigeria and the policy direction of the Tinubu administration.

Juxtaposed with the policy options being implemented by the CBN, Atiku’s alternative of a controlled floatation of the Naira is similar to the policy of Godwin Emefiele, when an estimated $1.5 billion was spent monthly to shore up the Naira, while arbitrage or round tripping went on unhindered. Sadly, it was perpetrated by people close to the corridors of powers.

Bayo Onanuga
Special Adviser to the President on Information & Strategy

February 18, 2024

muhyeenisce:
Nigeria will be great, but if you have contrary opinion you will never live to witness the greatness….

If you're also supporting those that are sabotaging her greatness you will die untimely

Can someone please tell this man to leave Atiku alone and face the problems which is almost showing everyone. Always wanting to reply Atiku and peter obi and living the real problems

autonomous22:



he's still bigger than ur entire generation put together...

with looted funds...

JudasNaKarrot:
You all thought it is by playing the ethnic and religious card in politics. The almiighty builder of Lagos and magician extraordinary is empty. How come he became empty after turning Lagos to paradise. How come Tinubu, with all his supposed paper qualifications and experience doesn't even have any economic plans before coming out to contest. " Na statistics we go chop" It's a shame. Shame to Nigerians who sold their birth right because of ethnicity and religion to vote, collaborate and rig in a failure.

Mr Bayo, please don't stress yourself because even if you don't spread your propaganda Nigerians will still vote for your oga in 2027. They will go out with empty stomach, hungry, weak and frustrated, yet they will vote Tinubu. Nigerians are the most foolish people to walk this earth.

zombies

I don't know between onanuga and lai Mohamed who will make heaven?

And who told the op that Atiku was referring to the meeting with the 36 governors. Is the floating naira policy favoring us NO. Was it done hurriedly Yes. A sensible person should first put things in place to circumvent the effect of the new policy and carry our necessary trial and error, then if it works then the policy can be implemented. He didn't even wait, the first thing after inauguration was to remove subsidy , the following week floating our naira. Now he is using a whole nation to do trial and error. Tinubu must Take our country back to the way he met it o.

FOOTSOLDIER2:
Amoda Tinimbum Means well for Nigerians. Legendhero, yarimo, freestuffng, manavulturegrils and the host of e rats can confirm it. Tinimbum a well known drug lord built Lagos, he's building Nigeria, please let's give him more time, it takes time for this reforms to manifest because there so big that our eyes cannot see them. Chicago kingpin till 2031

Before Election;

Tinubu: I don't want to share my ideas so that my opponents won't spy on me!

After Election;

Tinubu: Please share your ideas with me to move the country forward.

Ment or Dementia?

Melagros:
COMRADES, Onanuga said that capital importation is increasing
My question is that
Are the masses feeling the impact?/ in what way is it impacting the masses?
It is obvious that this is nothing but a media or APC's increment or propaganda

do you also noticed he said government want to release 40m ton of grain as against the propaganda figure of 102 000 tons and are in discussion with rice Miller how to get additional 60000 tons
You can see how deceitful this people are,honestly Nigeria is in deep shit with this kind of leaders, who are not straight forward nothing good can come out of their administration

Nvestor02:
Atiku is a loser.

ATIKU is right! The fluctuation must be put under control otherwise Venezuela will be better than Nigeria in the next 6 months,not even a year

politicoNG:


Previous Thread:
https://www.nairaland.com/8004351/tinubus-naira-floating-ill-advised-atiku

Go and respond to Sultan of Sokoto, we are still waiting for your response, leave Atiku alone.

specialmati:
well my own is that dollar must hit $5000 before 2027.just imagine if tinubu didn't become president now some idiots will remind me how he built Lagos from water.i told you guys to leave all this old generation corrupt thieves they have nothing to offer.nigerian president should not be more than 70years,50-65 should be the best age. any criminal more than that age want to use presidency as retirement package

we know una...not surprised,bad news gives una orgasm fr that region...u go wait tire, useless ppl

PDPdestroyer:
I've noticed that the presidency replies to Atiku anytime he issues a statement but ignore Peter Obi and his rants

Truly, there are levels to this thing

Yet you people cannot resist calling his name every freaking minute! What does that tell us about you? Even topics that don't concern him, you will still call his name.

Am a dullard, someone should please explain the meaning of capital importation to me.

Atiku may be wrong but our stomachs can't receive us

Reserves comment but then, kudos to Bayo.

DatNiggaDaz:
Bayo ofafuga.

It seems you know too much. Better channel this great knowledge about capital importation to the dunce of your master Tinubu.

You don't need this tinubulated helter skelter of replying Atiku who is not even in the government of Stolen mandate.

Your balablu Boss needs the capital importation theory inside his dead brain, to make Nigerians believe he did not önly come to snatch, grab and run away

Circus clowns

He knows nothing

You should have been a wasted sperm. Critism is necessary stop being allergic to truth i

muhyeenisce:
Nigeria will be great, but if you have contrary opinion you will never live to witness the greatness….

Kenochi:
I am really loving the healthy discussions going in Nigeria,for the first time in our Democracy we are beginning to see our leaders play the role of true opposition
Democracy is built on ideas and not just talking about problems without giving constructive solutions,the Government is on their feet and they are responding to the opposition's statements
Coming to the issue at hand,the truth is that if you sincerely take your time to look at all the presidential candidates,their manifesto was almost similar,the only difference was perhaps in the pace of implementation

As for me,I will continue to insist that this Government must look at the possibility of devolving more power and more funding to the states and Local Governments
The kind of Federalism we practice is very suspect, Asiwaju should go back to the policies he fought for between 1999 to 2007
He took the Federal Government of Obasanjo to court so many times because he wanted more powers to the states, he created more Local Governments because he wanted governance to be more closer to the people
He fought the federal government on taxes, state police and even Roads across the state
The Reforms that this Government has started will only work if it becomes more comprehensive,it is not about increasing money to the states, it should go the whole hog and start reducing the powers of the Federal Government and allow States and Local Governments become the engine room for the growth of our Economy

Kindly visit my signature for good properties at Ibeju Lekki Industrial Hub

It's always 'sensible' supporting such policies when you are in the opposition.

When YOU become the guy in Aso Rock, the last thing you want to see is a weakening of your power and authority.

That's why these guys always talk the talk but don't walk the walk when it comes to devolution of powers.

politicoNG:


Previous Thread:
https://www.nairaland.com/8004351/tinubus-naira-floating-ill-advised-atiku

Not Atku, what the people see and experience is what is the truth not what Tinubu or Atiku say. People living in nigeria suffering it know but not government funded social media image management program to promote the govt policy by any means.

If only, guys will understand the kind of damage this country has witnessed since APC took over from PDP. Thanks to CEO of all Cultism in Nigeria Wale Soyinka, Pastor Adeboye, Femi Kuti, and tribal and religious bigotry like me and you.

Onanogu the Tinubu's rottweiler guard dog

This idiot writes again defending or explaining crap, I did not bother reading as it is the usual spew from a deranged mind.
The efforts he uses to run his dysentic mouth should be focused in undoing the misery he and his cohorts have bestowed on Nigerians.
Juvenile fulminations of a non juvenile person. Metcheew..

PDPdestroyer:
I've noticed that the presidency replies to Atiku anytime he issues a statement but ignore Peter Obi and his rants

Truly, there are levels to this thing

Peter Obi no need their response

He is riling up his base against the govt

That's enough damage.....

Go to Twitter and see for yourself

Nostring:
we know una...not surprised,bad news gives una orgasm fr that region...u go wait tire, useless ppl

na all your linage and tribe useless .you went and vote Satan and you want good news,make thunder fire you join idiot

politicoNG:


Previous Thread:
https://www.nairaland.com/8004351/tinubus-naira-floating-ill-advised-atiku

Increasing where?

Tufiakwa. What is good in a Foreign exchange policy if it brings grinding poverty to the masses?

Not surprised. This is coming from the most senseless ethnic bigot to ever emerge from the SW region of Nigeria.

Is onanuga trying to shift the blame on the central bank, while still defending it?

Kenochi:
I am really loving the healthy discussions going in Nigeria,...

Healthy discussions at where There was a post on front page yesterday on about Capital importation being the lowest since '07... and his argument is that it's increasing since 4th quarter was more than 3rd quarter... And this is 'healthy discussion' to you. Pheewww

Here's the link btw https://www.thecable.ng/nigerias-capital-importation-plunged-to-3-9bn-in-2023-lowest-since-2007

JudasNaKarrot:
You all thought it is by playing the ethnic and religious card in politics. The almiighty builder of Lagos and magician extraordinary is empty. How come he became empty after turning Lagos to paradise. How come Tinubu, with all his supposed paper qualifications and experience doesn't even have any economic plans before coming out to contest. " Na statistics we go chop" It's a shame. Shame to Nigerians who sold their birth right because of ethnicity and religion to vote, collaborate and rig in a failure.

Mr Bayo, please don't stress yourself because even if you don't spread your propaganda Nigerians will still vote for your oga in 2027. They will go out with empty stomach, hungry, weak and frustrated, yet they will vote Tinubu. Nigerians are the most foolish people to walk this earth.

See who is talking about religion and ethnic politics yet your region gave Obi, a known failure, 90% of their votes. Keep on lamenting!

politicoNG:


Previous Thread:
https://www.nairaland.com/8004351/tinubus-naira-floating-ill-advised-atiku

This current government like mumu explanation eh... follow up action nko? the only good thing tinubu can do to is to legalise weed...

[ [b]since he told them to allow CBN to do it's job on monetary policy, he would havw also told rhem to allow police do their job. In fact tell everybody to allow him do his job
/b]

politicoNG:


Previous Thread:
https://www.nairaland.com/8004351/tinubus-naira-floating-ill-advised-atiku