₦airaland Forum

TheChameleon:
They are your co-rulers. Now cry more

Lol, you better go and hustle hard so that hunger won't finish you,or do you think you'll share anything from Tilumbu government because you are from his tribe?

Nigerians should never allow anyone from the waste land near its apex bank.

They know nothing about monetary and financial policies and regulations.

ivandragon:
Google is your friend.

Ignorance is a disease
To come up please do more.
Don't talk but listen to talks do this for 4years then you will be qualified for knowledge but for now you're a society minus

ivandragon:
Come 2027, apc must be kicked out from the centre.

They have shown that they are more concerned in propaganda and optics than actual governance.

if it ain't broke don't fix it

MIKOLOWISKA:
if it ain't broke don't fix it

It is beyond broke. It needs an overhaul.

dapadawee:
Ignorance is a disease
To come up please do more.
Don't talk but listen to talks do this for 4years then you will be qualified for knowledge but for now you're a society minus

Google is still your friend. Or are you too lazy to do your own research?

Anyway, buhari has already called you a lazy youth and remi properly labelled you as the lout you are.

CodeTemplarr:
Demand and supply forces are not the doings of CBN. Did Soludo or Sanusi bring dollars from anambra/kano to support supply of dollar?
This is cheap politics.


If as things stand today, Nigeria improves forex inflow by selling ten times more cocoa, coffee and cotton, that will bring in more forex and undoubtedly strengthen the Naira, will it be the doing of a CBN governor that farmers improved their output? I can see you after cheap political bashing and not rigorous mental exercise to unravel soluutions. Ride on and be typing derânged things up and down.

So, what exactly is the responsibility of the CBN governor?

Read about the powers of the CBN and stop spitting rubbish.

ivandragon:
It is beyond broke. It needs an overhaul.

How is it broken if they keep winning?
Abi you no sabi speak English

DMerciful:
How much was oil prices during Obj tenure?

not relevant here. How much was forex demand per week during OBJ's tenure?

phorget:
Lol, you better go and hustle hard so that hunger won't finish you,or do you think you'll share anything from Tilumbu government because you are from his tribe?

Yet here you're crying hot tears on behalf of Obi wey no send you.

He even left Anambra immediately to dash to Lagos, leaving una to die inside piit latriine region

CodeTemplarr:
Demand and supply forces are not the doings of CBN. Did Soludo or Sanusi bring dollars from anambra/kano to support supply of dollar?
This is cheap politics.


If as things stand today, Nigeria improves forex inflow by selling ten times more cocoa, coffee and cotton, that will bring in more forex and undoubtedly strengthen the Naira, will it be the doing of a CBN governor that farmers improved their output? I can see you after cheap political bashing and not rigorous mental exercise to unravel soluutions. Ride on and be typing derânged things up and down.

TheChameleon:
Yet here you're crying hot tears on behalf of Obi wey no send you.

He even left Anambra immediately to dash to Lagos, leaving una to die inside piit latriine region

Hahahahahaha! Fish brain like yourself.
How can a reasonable human being see his tribe RULING as his own personal advantage? I only reminded you that Fulani has been ruling you for so long yet they made no fuss about it, but here you are bragging as if you are part of Tilumbu family.

MIKOLOWISKA:
How is it broken if they keep winning?
Abi you no sabi speak English

Who is winning?

I understand some of you have developed Stockholm syndrome, so your reasoning capabilities are severely diminished.

You're giving excuses

Sibrah:
not relevant here. How much was forex demand per week during OBJ's tenure?

ivandragon:
Who is winning?

politicians na
Keep up

I understand some of you have developed Stockholm syndrome, so your reasoning capabilities are severely diminished.

You're the one lamenting here not them
Who sounds reasonable or of the 2

MIKOLOWISKA:
politicians na
Keep up
You're the one lamenting here not them
Who sounds reasonable or of the 2

Yet here you are struggling to make sense...

Zooposki:
Emefiele 3x, while Cardoso 2x. Soludo and Sanusi the best.

Emefiele no try at all. No parallel rate with subsidy.

CodeTemplarr:
Demand and supply forces are not the doings of CBN. Did Soludo or Sanusi bring dollars from anambra/kano to support supply of dollar?
This is cheap politics.


If as things stand today, Nigeria improves forex inflow by selling ten times more cocoa, coffee and cotton, that will bring in more forex and undoubtedly strengthen the Naira, will it be the doing of a CBN governor that farmers improved their output? I can see you after cheap political bashing and not rigorous mental exercise to unravel soluutions. Ride on and be typing derânged things up and down.

What’s true:
- The CBN does not control how many bags of cocoa a farmer grows.
- The CBN does not directly set how many dollars flow in from exports or remittances.
- It cannot decree productivity into existence.

What’s also true:
- The CBN’s monetary policy directly affects lending rates, inflation, and access to capital, which can either spur or stifle production.
- Through intervention programs, forex policies, and its role in stabilising the financial system, the CBN helps create the enabling environment for those macroeconomic activities to thrive.
- The CBN is a co-pilot in national economic strategy, not a spectator.

The deeper issue is when a CBN is run like a profit-first investment bank, catering to the elite financial sector while neglecting its developmental mandate, that’s when you get public frustration.

Suppose the CBN isn’t thinking like a strategic arm of national progress in sync with fiscal authorities, trade, and infrastructure planners. In that case, it’s failing at its job, regardless of whether it hits profit targets.

EMIOMOADEOYE:
What’s true:
- The CBN does not control how many bags of cocoa a farmer grows.
- The CBN does not directly set how many dollars flow in from exports or remittances.
- It cannot decree productivity into existence.

What’s also true:
- The CBN’s monetary policy directly affects lending rates, inflation, and access to capital, which can either spur or stifle production.
- Through intervention programs, forex policies, and its role in stabilising the financial system, the CBN helps create the enabling environment for those macroeconomic activities to thrive.
- The CBN is a co-pilot in national economic strategy, not a spectator.

The deeper issue is when a CBN is run like a profit-first investment bank, catering to the elite financial sector while neglecting its developmental mandate, that’s when you get public frustration.

Suppose the CBN isn’t thinking like a strategic arm of national progress in sync with fiscal authorities, trade, and infrastructure planners. In that case, it’s failing at its job, regardless of whether it hits profit targets.

Try harder. What is the Agric Minister doing? Trade & Industry? Finance? Naseni director? NUC and top schools?
If we suddenly produce double rice volume of we currently do, we can export to have dollar as well as crash prices and strengthen Naira. Thats a simple case scenario that strengthens the Naira without the involvement of CBN. I have always maintained and will always maintain that Naira strength is not a CBN or CBN governor thing. It is a productivity and export-readiness thing.
The attitude of past CBN gov, who take credits when market forces are favourable and indices experience improvements, has played no small role in this destructive trend. Even Wale Edun and Yemi Cardoso are doing same so maybe i should just join the voices blaming them for Naira value decline. I wont do that. Never!

DIVINEEVIDENCE:
So, what exactly is the responsibility of the CBN governor?

Read about the powers of the CBN and stop spitting rubbish.

You mean Yemi Cardoso has the power to declare naira to dollar be priced favorably and still met demand obligations? Thats a very silly logic and argument. After declaring that dollar should sell for low(maybe N1 to $1), the impending demand surge that would generate, how will CBN come up with dollar to fulfil it?
In fact as long as Naira is floated, Naira strength is not the doing of CBN governor or CBN but you and I and all other MDAs.

CodeTemplarr:
Try harder. What is the Agric Minister doing? Trade & Industry? Finance? Naseni director? NUC and top schools?
If we suddenly produce double rice volume of we currently do, we can export to have dollar as well as crash prices and strengthen Naira. Thats a simple case scenario that strengthens the Naira without the involvement of CBN. I have always maintained and will always maintain that Naira strength is not a CBN or CBN governor thing. It is a productivity and export-readiness thing.
The attitude of past CBN gov, who take credits when market forces are favourable and indices experience improvements, has played no small role in this destructive trend. Even Wale Edun and Yemi Cardoso are doing same so maybe i should just join the voices blaming them for Naira value decline. I wont do that. Never!

I don't need to try harder. Whether or not you agree changes nothing.

You are right that CBN cannot directly impact output. CBN won't plant seeds. CBN won't harvest crops. CBN won't hire workers on the far. You are right.

But, interestingly, you mention Trade and Industry. You also mentioned Finance. Are these sectors not directly impacted by CBN's monetary policies?

Credit availability, interest rates, exchange rates, and inflation. Are these not under the direct purview of the CBN? Do these things not directly impact the real sector?

That's the point. CBN does not play a direct role. Still, CBN has a lot to do. And we saw the impact CBN could make on the economy during the time of Sanusi.

EMIOMOADEOYE:
I don't need to try harder. Whether or not you agree changes nothing.

You are right that CBN cannot directly impact output. CBN won't plant seeds. CBN won't harvest crops. CBN won't hire workers on the far. You are right.

But, interestingly, you mention Trade and Industry. You also mentioned Finance. Are these sectors not directly impacted by CBN's monetary policies?

Credit availability, interest rates, exchange rates, and inflation. Are these not under the direct purview of the CBN? Do these things not directly impact the real sector?

That's the point. CBN does not play a direct role. Still, CBN has a lot to do. And we saw the impact CBN could make on the economy during the time of Sanusi.

Stop the useless back n forth. I gave you a solid example. Most MDAs run autonomously so stop saying cbn monetary policies affect them. Does it affect them when they steal?

CodeTemplarr:
Stop the useless back n forth. I gave you a solid example. Most MDAs run autonomously so stop saying cbn monetary policies affect them. Does it affect them when they steal?

You are not open to being reasonable.

I also just gave you valid indicators of critical CBN participation, but you simply just want to push your agenda.

Perhaps you are a stakeholder in CBN. Nairaland has all sorts of monikers so you really don't know whose behind it.

For all I care, you could be Cardoso or one of his pot-bellied minions.

In any case, have a nice day

DavidMm:
Apologies for not including a disclaimer. Here you go: "Primary 5 level reading and comprehension skills needed to understand the write up"[b][/b].

More gibberish as usual.