Ogiame:
But you were everywhere blaming Godwin Emefiele when he was governor of the CBN....


You're a FAILURE, just like the way you call Emefiele.

He could have followed Emefiele's path, but alas, it will only exacerbate later. They exploited the system, using Peter to rob Paul through arbitrary money printing. For me, the dollar conundrum began with the introduction of BVN. Unable to pilfer naira directly, the government now opts for dollar kickbacks through inflated contracts. To curb this, paper dollar spending in Nigeria must cease; transactions should solely occur electronically. This prevents dollar theft and alleviates pressure on the naira. They understand the solution but prioritize selfish interests.

u are very responsible sir.

But in all these monetary measures MPR, Bank Reserve Ratio, Liquidity Ratio etc, where is PRODUCTION, MANUFACTURE, FARMING etc? FG should fight insecurity, banditry, kidnappings and let people go to farm. Lack of goods also cause inflation, not only bank policies

Then he should resign.

kettykin:
some folks are just plain errors and blunders , so who exactly is his fault , Emefiele left the rates at below N750 to a dollar and today we have the rates at above N1500 to a dollar and someone who is now a round peg in a square hole is saying it is not his fault.


Can someone see how some people are brazenly dodging responsibility and looking for a scapegoat. someone should tell this fellow that the exchange rate was below N200 to a dollar while Emefiele was CBN governor before APC to into office.


This is now the new format of saying , i cant solve the problem .

Imagine the US chairman of the Federal Reserve Bank coming out in the press to say this, APC Government is the most irresponsible Goverment every

But why are our youths this daft?

This country has no future

You are a classical example of ignoramus.

Explaining to you how Nations Economy works would be an effort in futility. You clearly doesn't have the cerebral capacity to comprehend.

havenz:
You are a failure already because you don't know exactly what to do, this early complain means you are weak and can't help out on our fallen Naira, please do yourself good by climbing down.

😂 Lol @ "climbing down"

Ogiame:
But you were everywhere blaming Godwin Emefiele when he was governor of the CBN....


You're a FAILURE, just like the way you call Emefiele.

Emefiele was part of the problem Yemi is only part of the solution.

It's Obis fault. Instead of him to proffer solution to this economic woes, he is keeping quite mtcheew.

Oshiomole complained and cried out to the senate committee that day not to endorse this man....

He's proven right again

benuejosh:
People who feel their own favourite wasn't voted into power are the ones trying to sabotage the efforts of this administration. Some started sincethe time of Buhari and majority added to them during the last election.

But they will fail woefully - Peter Obi and Obidient.

Tinubu WILL succeed.

Senseless talk! If you know you are being sabotaged and who the saboteurs are. Then you shouldn't be falling to it. If the government can be so sabotaged then they are incompetent and not in charge.

APC is responsible.

Mahmood Yakubu is the facilitator.

Nigerians sacked APC in 2019 but Mahmood through denial of existence of INEC SERVER stole the 2019 presidential election to APC.
In 2023, Mahmood stole the presidebtial election to APC through his order for disactivation of INEC system for electronic transmission of vote results; after Mahmood saw that Tinubu, Atiku and Kwankwaso were sharing the votes of their religious constituency; and result was going to be in victory for Peter Obi.

Is like the prayers of the down trodden don hunt am for his dream. Continue....

Person nor sabi work e say na people spoil the work already.

kettykin:
some folks are just plain errors and blunders , so who exactly is his fault , Emefiele left the rates at below N750 to a dollar and today we have the rates at above N1500 to a dollar and someone who is now a round peg in a square hole is saying it is not his fault.


Can someone see how some people are brazenly dodging responsibility and looking for a scapegoat. someone should tell this fellow that the exchange rate was below N200 to a dollar while Emefiele was CBN governor before APC to into office.


This is now the new format of saying , i cant solve the problem .

Imagine the US chairman of the Federal Reserve Bank coming out in the press to say this, APC Government is the most irresponsible Goverment every

You are funny. Do you think that it's difficult for Cardoso to wake up tomorrow and say that the exchange rate is $1 = #700. Will the fundamentals support this. The former governor had an artificial and subsidized exchange rate. He had heaps of ways and means that are unpaid. The naira he released were chasing few dollars yet he pegged the rate of exchange. The impact of this is what another group has come to clear yet you call the person that was the problem a star because he gave you unrealistic exchange rate.

benuejosh:
People who feel their own favourite wasn't voted into power are the ones trying to sabotage the efforts of this administration. Some started sincethe time of Buhari and majority added to them during the last election.

But they will fail woefully - Peter Obi and Obidient.

Tinubu WILL succeed.

That was how you blamed Jonathan and the PDP for Buhari's 8 years of disaster.

You are a huge joke if all you can think of at this crucial time of our nation's existence is who voted who.

Truly sad!

Who sold Buhari to Nigerians? And at what time in all of Buhari's reign did you hear Tinubu criticize his government? Not once because he simply desired to rule over him.

Today, the nation due to wrong economic policies being embraced is continually plunged into suffering. And you don't think President Tinubu should be held accountable?

If Tinubu feels his administration inherited decades of corruption, he should start by probing his predecessor. But yeah! You got it, he can't. Birds of a feather, flock together.

Your stance and lame comment isn't loyalty if that's your inclination, it is heartlessness.

benuejosh:
People who feel their own favourite wasn't voted into power are the ones trying to sabotage the efforts of this administration. Some started sincethe time of Buhari and majority added to them during the last election.

But they will fail woefully - Peter Obi and Obidient.

Tinubu WILL succeed.

The more naira fall the more 9jaria produce yahu boyr BE WARN

Hezzyluv:
If you are not to be blame, do we blame Godwin that left the office when dollar was around #700 per dollar?

And what rate did your emefiele meet the dollar so we can compare notes.

The mechanical engineer is complaining

benuejosh:
People who feel their own favourite wasn't voted into power are the ones trying to sabotage the efforts of this administration. Some started sincethe time of Buhari and majority added to them during the last election.

But they will fail woefully - Peter Obi and Obidient.

Tinubu WILL succeed.

He is already succeeding. Na higher we dey go higher higher, higher higher......

Ok na our fault

Useless man without clue... Vacate that position...

nlfpmod:


https://nairametrics.com/2024/02/27/cbn-governor-cardoso-says-im-not-responsible-for-nigerias-economic-crisis/

No, no be you,na me

The time has come to know that performance and objectivity are no longer a requirement for governance. If you can bribe and manipulate your way to become a leader, you can keep shifting the blame of your poor performance on the previous government.

There are too many dumb unintelligent kids on NL

A wise man who never engage those from the sad east in an intellectual discussion.

A lot of them here are frustrated and bitter, no wonder, one of them pull up a gun and kill his son because of food....

Ndi ara....audio billionaires.

Noise makers..

Cbn send food to the sad east....ebi pawa in sad east

Greenfusion:


Emefiele pegged the dollar at 400, black market was about 700 to 800, so we could get 400 from the bank and internationally for transactions, then the yeye people came in with initial gragra as if they have something to offer....even Emefiele i don't rate high seem to b better than them

Emiefele is way better

there is no CBN governor since 1999 that has witnessed almost 3 consecutive global economic crises caused by oil price slumps in 2014, covid and the early days of russia and ukraine war.. yet he was still able to manage with the forex issues... Nigeria has never had sufficient forex...

the best part was that Buhari played very little roles allowing the CBN to implement its policies when due.. not like Cardi B that is literally a toy.. Tinubu ordered him to float the naira...and he did while understanding the risk..

the CBN should be allowed to make its own decision not one druggie issuing command anyhow

kettykin:
some folks are just plain errors and blunders , so who exactly is his fault , Emefiele left the rates at below N750 to a dollar and today we have the rates at above N1500 to a dollar and someone who is now a round peg in a square hole is saying it is not his fault.


Can someone see how some people are brazenly dodging responsibility and looking for a scapegoat. someone should tell this fellow that the exchange rate was below N200 to a dollar while Emefiele was CBN governor before APC to into office.


This is now the new format of saying , i cant solve the problem .

Imagine the US chairman of the Federal Reserve Bank coming out in the press to say this, APC Government is the most irresponsible Goverment every

Emefiele was spending $1.2 billion per month to peg the Naira to the dollar at N450 to 1 dollar, while the dollar was being exchanged at N875 to the dollar.

Nigeria had no funds to support fuel subsidies and the Naira ....period.

One of the function of CBN is to promote a sound financial system in Nigeria, if as a CBN governor , you are not fit to do so. Pls Resign

When emiefele was governor the economy was not bad like this, oga if you are incompetent please take a bow

benuejosh:
People who feel their own favourite wasn't voted into power are the ones trying to sabotage the efforts of this administration. Some started sincethe time of Buhari and majority added to them during the last election.

But they will fail woefully - Peter Obi and Obidient.

Tinubu WILL succeed.

It doesn't cost a thing for one not to be stupid. A word is enough for the wise

You clearly didn’t know the job
You should have resigned
better than the chaos you caused