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How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessHow CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria (5248 Views)

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Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by OkCornel(m): 4:06pm On Apr 28, 2025
Putindbutt:
You're only a slave to a past that wanted to kill your future. Why did your Agulu fraud campaigned he will remove subsidy?, he said subsidy was a fraud too. If it was your candidate implementing it, you will defend him. you bunch of hypocrites.
Answer these questions and stop foaming in the mouth.

OkCornel:
Can you provide us with a progress update on Tinubu’s eight point agenda he plans to achieve by August 2026?

Where are the 50 million jobs promised?

When will naira exchange for 300 to the USD as promised by Tinubu?
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Paramount01(m): 4:07pm On Apr 28, 2025
OkCornel:
Yet the standard of living of the average Nigerian continues to deteriorate.

https://www.nairaland.com/8379963/grok-analysis-standard-living-under#134703167
Eeyah ,yours deteriorate?
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by CodeTemplarr: 4:09pm On Apr 28, 2025
The usual disease of using policies to rationalise any slight sign of good rating.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Bluntemperor: 4:11pm On Apr 28, 2025
TimeManager:
Kudos to Cardoso for an amazing reforms and transformation in the banking system. Governance is a process, a marathon not a sprint. We getting there stronger. God bless Nigeria.

-Kiss the truth!
True, you are right.👍
With what the former CBN - Emiefiele did:
- that NTrillions of Money 🤑 Unaccountable in Ways and Means Accounts,
- the NBillions of 🔱 Borrowers Farmers Money gone to Non- Farmer, especially the Politicians,
- that he Emiefiele had Audacity to Carry Ballot Box as Presidential Candidate-is smacked of GREED, Wickedness and Corruption -has been enlogated in Our Highest Office of Financial Institutions - like CBN and it could Only be revived by Discipline, Very Smart Move and makes Nigerians to face hash reality,
-especially the revival of FOREX Money,
- the Repairs of Refineries,
- the Opening of Dangote Refinery is also a booster.
• On the Issues of Food ,
-I 've Suggested that Tinubu's Govt - should allowed for a Massive Importations - for the Next 2- yrs,- to force down the Prices Of Foodstuffs everywhere.
•Secondly - Allow More Nigerians to Borrow Money from the Banks- on Short -Terms Basis- for at least 2-5 years Moratorium - at a Very Low Interest Rates - of 2- 5% per annum- and by so doing ,
•Businesses will Pick up everywhere.
But Some of us are not Politicians - that Can Deceived the Public,so they don't think is important to hacken to our advice!
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by ivandragon:
Putindbutt:
Because you have refused to think. You hear your Governors say they now have more resources to execute their projects without borrowing. But you refused to reason because of your political and ethnic sentiments.
You are the one who has refused to reason like a sane human should.

The purchasing power of the governors has significantly reduced and I will prove it to you.

Between 2014 to 2017, it cost N11.5b to do the 43km Obajana road. That is about N267m per kilometre.

In 2024, it cost N757b to do a 489km obajana-benin road. That is about N1.5b per Km.

Again, in 2014, Kogi State averaged N2.2b in monthly allocation. Today, it averages N6b.

What does it all mean?

In 2014, a state like Kogi would use about 6 months allocation to construct a 43km road.

Today, it would need about over 10 months allocation to do that same 43km road...

So, states are getting more money but with less value.

I know you do not have the intellectual capability to process what I have analysed, but take it to your superiors in the propaganda game to explain to you.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by VeeVeeMyLuv(f): 4:16pm On Apr 28, 2025
Paramount01:
Eeyah ,yours deteriorate?
When you are doing your job of defending the evils of your master do it with wisdom

Na small thing trigger french revolution! Insensitive, senseless reckless statements such as yours.
It was spontaneous, unexpected. The main actors then together with their praise singers/defenders were consumed by the whirlwind.

You guys should kontinu
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Putindbutt(m): 4:17pm On Apr 28, 2025
OkCornel:
Answer these questions and stop foaming in the mouth.
FG is employing people across all sectors. After his tenure, we will have the total data of his employment rate. And he never promised naira to be N300 during his campaign, if you have your proofs, bring it, I don't have time for beer parlour talks.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Putindbutt(m): 4:18pm On Apr 28, 2025
ivandragon:
You are the one who has refused to reason like a sane human should.

The purchasing power of the governors has significantly reduced and I will prove it to you.
Prove it, Governors forum spokesman grin
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by ivandragon: 4:38pm On Apr 28, 2025
Putindbutt:
Prove it, Governors forum spokesman grin
I have analysed what I need to. You and the governors can continue to engage in propaganda.

The realities of the worsening socio-economic conditions of Nigerians is bare for all to see.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by jaxxy(m): 4:45pm On Apr 28, 2025
This propaganda won't help the government. Stable in penury and poverty? undecided
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Putindbutt(m): 4:46pm On Apr 28, 2025
ivandragon:
I have analysed what I need to. You and the governors can continue to engage in propaganda.

The realities of the worsening socio-economic conditions of Nigerians is bare for all to see.
Both APC, PDP and LP Governors are engaging in propaganda?. Abeg shift, petty loser.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by OkCornel(m): 4:48pm On Apr 28, 2025
Putindbutt:
FG is employing people across all sectors. After his tenure, we will have the total data of his employment rate. And he never promised naira to be N300 during his campaign, if you have your proofs, bring it, I don't have time for beer parlour talks.
Abeg jare. So FG has employed at least 25 million Nigerians across all sectors as of today?

Meanwhile Manufacturers Association of Nigeria are shouting over the number of businesses that have shutdown operations and or struggling to sell their products due to weak demand for their products.

Ready to defend your slave master?
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Putindbutt(m): 4:57pm On Apr 28, 2025
OkCornel:
Abeg jare. So FG has employed at least 25 million Nigerians across all sectors as of today?

Meanwhile Manufacturers Association of Nigeria are shouting over the number of businesses that have shutdown operations and or struggling to sell their products due to weak demand for their products.

Ready to defend your slave master?
So, if one company shut down, another one no dey?. Na today companies dey shut down?.

Ok, tell us, How many banks have shut down?, How many telecoms have shut down, How many fintech has gone?, how many food manufacturers have shut down?.. you're only living in a world of your own negative imagination. The typical rhetoric of election losers
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by OkCornel(m):
Putindbutt:
So, if one company shut down, another one no dey?. Na today companies dey shut down?.

Ok, tell us, How many banks have shut down?, How many telecoms have shut down, How many fintech has gone?, how many food manufacturers have shut down?.. you're only living in a world of your own negative imagination. The typical rhetoric of election losers
So why is the unemployment rate rising under Tinubu’s administration hmmm?

Why food insecurity rising?

Who you wan gaslight?

Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by LARRYOBRAIN(m): 5:33pm On Apr 28, 2025
Those comparing Okonji Iweala to Cardoso, see your life
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by OkCornel(m): 5:34pm On Apr 28, 2025
fabolouz1:
learn to accept people opinion without calling them names.
Read his post and see what he called me.

I’m pretty sure you weren’t blind to that.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by ivandragon: 5:36pm On Apr 28, 2025
Putindbutt:
Both APC, PDP and LP Governors are engaging in propaganda?. Abeg shift, petty loser.
You that is a 'big winner' still crying all over the social media. You claim to be 'winners', yet, you are blabbering everytime the incompetence of bat is called out.

Facts and reality speak for themselves. Bat is a terrible entity.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by OkCornel(m): 5:47pm On Apr 28, 2025
MT:
If you were made a Nigeria President today, tell us two things you would have done differently.

I’m not fighting you, just want to learn from your supposedly top notch administrative skills
Flood the local refineries with crude oil at naira denominated prices. That will tackle rising inflation rate and exchange rate instability.

So far, the bulk of Dangote refinery’s crude oil stock is imported. Meanwhile Nigeria has unsold crude cargoes. Absolute madness.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by merits(m): 5:49pm On Apr 28, 2025
BAT 2027-2031 argue that with your keyboard 🎹⌨️
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Putindbutt(m): 5:53pm On Apr 28, 2025
ivandragon:
You that is a 'big winner' still crying all over the social media. You claim to be 'winners', yet, you are blabbering everytime the incompetence of bat is called out.

Facts and reality speak for themselves. Bat is a terrible entity.
Crying how?, no be una dey wake up & sleep wailing daily grin
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Putindbutt(m): 5:54pm On Apr 28, 2025
OkCornel:
So why is the unemployment rate rising under Tinubu’s administration hmmm?

Why food insecurity rising?

Who you wan gaslight?
Which blog be dis one?, Ipob blog? grin
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by ivandragon: 6:05pm On Apr 28, 2025
Putindbutt:
Crying how?, no be una dey wake up & sleep wailing daily grin
You did more than this for buhari. Spreading fake lies about how he was doing well. Have we not all seen the end of it all?

So you and your fellow errand toddlers are not doing anything new trying to justify the incompetence and failure of bat. Keep up the agbero work.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Vision101(m): 7:24pm On Apr 28, 2025
The CBN has done a wonderful job. It's not easy to keep the rate of inflation at the rate that it is when the following happened at the same time:
1. Removal of petroleum subsidy.
2. Removal of fx subsidy.
3. Low crude oil price.
4. Backlog of unpaid fx obligations.
5. Very low external reserves which limits the ability to defend the naira.
5. Insecurity disrupting local food production.
6. External influences caused by COVID, Russia/Ukrainian war.
7. The present Trump tariff war.

All these factors fuel inflation but the CBN has managed to keep it at moderate level.

One thing that I hate about all Nigerian opposition is that they condemn everything that any regime is doing whether good or bad.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by OkCornel(m): 7:29pm On Apr 28, 2025
Putindbutt:
Which blog be dis one?, Ipob blog? grin
You have eyes to read.
Pitiable attempt at deflecting
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by bigiyaro(m): 8:28pm On Apr 28, 2025
By the time Nigeria gets A rating by this rubbish Fitch, 80 % of the population will be effectively in porverty by UN standard. Nonsense.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by DoctorShomo: 8:45pm On Apr 28, 2025
Antichristian2:
tongue

We go get there!

Just that most Nigerians are greedy!

Rice don come down to less than 60k but them still dey sell one spoon for N500!

And those CBEX maga will be hoping to recoup their loss from their remaining business!

Those using CNG vehicles are charging same fares as those using petrol!
Go and start transport business and charge only 50% of the current fare let us see how long your business will last
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Putindbutt(m): 9:12pm On Apr 28, 2025
OkCornel:
You have eyes to read.
Pitiable attempt at deflecting
What's the name of your source?, grin
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by OkCornel(m): 9:26pm On Apr 28, 2025
Putindbutt:
What's the name of your source?, grin
It’s in the screenshots read it.
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by icon91(m): 10:38pm On Apr 28, 2025
My own is why be say any time i look this man, all i see is an uncanny resemblance with a raccoon😁😁😁
Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by OkCornel(m): 10:47pm On Apr 28, 2025
Putindbutt:
What's the name of your source?, grin
More stuff.

Nigeria is in trouble.

Re: How CBN’s Policies Trigger Fitch Ratings Credit Upgrade For Nigeria by Putindbutt(m): 11:14pm On Apr 28, 2025
OkCornel:
More stuff.

Nigeria is in trouble.
You're still not making sense, give us surce of data with date of release. That's how to situate an event, you half baked graduate.
1 2 3 Reply

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