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CBN Plans To Limit Buying And Selling Of FOREX In Cash By BSCs To $500 - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / CBN Plans To Limit Buying And Selling Of FOREX In Cash By BSCs To $500 (12214 Views)

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Re: CBN Plans To Limit Buying And Selling Of FOREX In Cash By BSCs To $500 by danilho(m): 9:22pm On Feb 28
mycar:

reversing what if I may ask, he has just devalued the naira to 1300 per usd and decided to sell to bdc guys, what is it he is reversing?
You are too idiotic to converse with
You must be a slowpoke not that some of his stupid policies are been reversed
Re: CBN Plans To Limit Buying And Selling Of FOREX In Cash By BSCs To $500 by mycar: 11:11pm On Feb 28
danilho:
You must be a slowpoke not that some of his stupid policies are been reversed
unfoolish person would have mentioned some the policies
Re: CBN Plans To Limit Buying And Selling Of FOREX In Cash By BSCs To $500 by danilho(m): 7:11am On Feb 29
mycar:

unfoolish person would have mentioned some the policies
An idiot like you will pretend he does not know the policies
Re: CBN Plans To Limit Buying And Selling Of FOREX In Cash By BSCs To $500 by blueAgent(m): 11:04pm On Mar 01
plaetton:

The subsidy had to be removed. It was unsustainable. Of course, it was expected to send Shockwaves throughout the system. But I don't know in which way it could have been done without the ripple effects.
On second thought, a one year period within which to get all 3 refineries in full capacity would have been the best option. If we cease importing fuel, then the issue of subsidy goes away.

Who told you that having all 4 refineries working would eliminate subsidy?

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