₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,330,922 members, 8,447,767 topics. Date: Saturday, 18 July 2026 at 11:03 PM

Toggle theme

Reminder That Obi Supported Emefile's Cash Heist - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsReminder That Obi Supported Emefile's Cash Heist (633 Views)

1 Reply (Go Down)

Reminder That Obi Supported Emefile's Cash Heist by DomPerignon(op): 10:13am On Jun 10, 2025
Peter Obi was probably the only politiian to openly support Emefile's cash heist policy which Emefile used the ruse of going cashless as an excuse.

The so-called Cashless policy which remains the most economically disruptive and destructive ever introduced by a Central Bank wasn't meant to goad Nigerians into going cashless but was Emefile's crude and senseless attempt of clearing up his mess . The cashless policy was a desperate and ruthless attempt by Emefile to mop up the excess cash in circulation which Emefile is responsible for.

Emefile's attempt at managing the naira and broader economy was to print more cash into circulation.

At the time GEJ handed over power to Buhari, Nigeria's total Naira in circulation both cash and in debt, was 12 Trillion Naira. By the time Emefile began his heist, Nigeria's currency and debt in circulation had soared to close to 60 Trillion - a whooping 500% cash and debt insertion into the economy.

The slowpoke known as Giringory supported Emefile's unclever attempt to mop up the mess he (Emefile ) created.

The other group to support Emefile was the Ohanaze faction led by Iwanyanwu who bemoaned Emefile's arrest as a "genocide" targeting ibos.


There's everything wrong about Peter Obi.

A charlatan, a fraud and duplitious divisive cretin .
Re: Reminder That Obi Supported Emefile's Cash Heist by Dreal1247: 10:17am On Jun 10, 2025
We are talking about a dollar going for a thousand, and one hundred Naira and you are talking about Obi's support for Emefele. Please, is it the reason Tinubu could not perform. As a good adviser, help Tinubu to improve on the handling of the Nigerian economy.
If Obi sneezes, the APC goes into panic mode.
Re: Reminder That Obi Supported Emefile's Cash Heist by DomPerignon(op): 10:47am On Jun 10, 2025
Dreal1247:
We are talking about a dollar going for a thousand, and one hundred Naira and you are talking about Obi's support for Emefele. Please, is it the reason Tinubu could not perform. As a good adviser, help Tinubu to improve on the handling of the Nigerian economy.
If Obi sneezes, the APC goes into panic mode.
And the reason for that is because Emefile printed and inserted too much money into circulation with nothing to back it up.

The FX window under Emefile could not meet up .

This is why Foriegn airlines were charging 3 times the cost of a ticket in same distance routes from Nigeria than other African countries.

Reoertration of FX was near impossible for most multinational companies as the CBN did not have the funds .

Foriegn airlines like Qartar Air quit Nigeria for this sane reason


The only solution was to stop the artificial pricing used by Emefile to hide his malfescence and stupidity.
Re: Reminder That Obi Supported Emefile's Cash Heist by Factcheck0001: 11:04am On Jun 10, 2025
Dreal1247:
We are talking about a dollar going for a thousand, and one hundred Naira and you are talking about Obi's support for Emefele. Please, is it the reason Tinubu could not perform. As a good adviser, help Tinubu to improve on the handling of the Nigerian economy.
If Obi sneezes, the APC goes into panic mode.
y not create thread for your dolaar problem?

Many of u shouting about dollar never even touch dollar before.


How does obi supporting emefiele who brought bad policies relate to naira n dollar rate?
Re: Reminder That Obi Supported Emefile's Cash Heist by BeardedMeat(m): 11:11am On Jun 10, 2025
DomPerignon:
Peter Obi was probably the only politiian to openly support Emefile's cash heist policy which Emefile used the ruse of going cashless as an excuse.

The so-called Cashless policy which remains the most economically disruptive and destructive ever introduced by a Central Bank wasn't meant to goad Nigerians into going cashless but was Emefile's crude and senseless attempt of clearing up his mess . The cashless policy was a desperate and ruthless attempt by Emefile to mop up the excess cash in circulation which Emefile is responsible for.

Emefile's attempt at managing the naira and broader economy was to print more cash into circulation.

At the time GEJ handed over power to Buhari, Nigeria's total Naira in circulation both cash and in debt, was 12 Trillion Naira. By the time Emefile began his heist, Nigeria's currency and debt in circulation had soared to close to 60 Trillion - a whooping 500% cash and debt insertion into the economy.

The slowpoke known as Giringory supported Emefile's unclever attempt to mop up the mess he (Emefile ) created.

The other group to support Emefile was the Ohanaze faction led by Iwanyanwu who bemoaned Emefile's arrest as a "genocide" targeting ibos.


There's everything wrong about Peter Obi.

A charlatan, a fraud and duplitious divisive cretin .
That's how tinubu supported the activities of killer herdsmen in Yoruba land by turning a blind eye and even asking "where are the cows".
Such a heartless fellow who even denied his roots because of power and greed.
Re: Reminder That Obi Supported Emefile's Cash Heist by helinues: 11:18am On Jun 10, 2025
Which was a miscalculation
Re: Reminder That Obi Supported Emefile's Cash Heist by helinues: 11:19am On Jun 10, 2025
Factcheck0001:
y not create thread for your dolaar problem?

Many of u shouting about dollar never even touch dollar before.


How does obi supporting emefiele who brought bad policies relate to naira n dollar rate?
They don't know how to be coherent with the topic of discussion

Poor them
Re: Reminder That Obi Supported Emefile's Cash Heist by Factcheck0001: 11:21am On Jun 10, 2025
helinues:
They don't know how to be coherent with the topic of discussion

Poor them
u sabi them


Once they know they are guilty of something or don't have any reasonable thing to say, they start deflecting
Re: Reminder That Obi Supported Emefile's Cash Heist by Agbegbaorogboye: 11:21am On Jun 10, 2025
This Op sef
The clown is blaming Obi for APC's failure
So Emefiele was printing money because Obi sorted him?
Bia Op. Are you aware APC is planning to give their ward chairman 100k each. Should we blame Obi for that?
Re: Reminder That Obi Supported Emefile's Cash Heist by helinues: 11:23am On Jun 10, 2025
Factcheck0001:
u sabi them


Once they know they are guilty of something or don't have any reasonable thing to say, they start deflecting
That's why I don't allow them to shift from the discussion. Just stay with your arguments and see them fading into thin air
Re: Reminder That Obi Supported Emefile's Cash Heist by helinues: 11:24am On Jun 10, 2025
Agbegbaorogboye:
This Op sef
The clown is blaming Obi for APC's failure
So Emefiele was printing money because Obi sorted him?
Bia Op. Are you aware APC is planning to give their ward chairman 100k each. Should we blame Obi for that?
You have a big comprehending issue. Where did the op blame Peter Obi for Apc's failure?

How did Apc ward chairmen matter enter this discussion?
Re: Reminder That Obi Supported Emefile's Cash Heist by GodPunishOsu: 11:53am On Jun 10, 2025
BeardedMeat:
That's how tinubu supported the activities of killer herdsmen in Yoruba land by turning a blind eye and even asking "where are the cows".
Such a heartless fellow who even denied his roots because of power and greed.
I like how this guy put it that Obi and Tinubu are only after the power.
Re: Reminder That Obi Supported Emefile's Cash Heist by Agbegbaorogboye: 11:59am On Jun 10, 2025
helinues:
You have a big comprehending issue. Where did the op blame Peter Obi for Apc's failure?

How did Apc ward chairmen matter enter this discussion?
It's comprehension not comprehending
You need to get yourself here acquainted work English language before asking questions
Re: Reminder That Obi Supported Emefile's Cash Heist by SeeWahala: 12:07pm On Jun 10, 2025
Agbegbaorogboye:
It's comprehension not comprehending
You need to get yourself here acquainted work English language before asking questions
Try not to be wasting time correcting that entity undecided it attended basic almajiri school cry
Re: Reminder That Obi Supported Emefile's Cash Heist by helinues: 12:08pm On Jun 10, 2025
Agbegbaorogboye:
It's comprehension not comprehending
You need to get yourself here acquainted work English language before asking questions
Are you done ranting? He has started his pettiness by shifting from the topic of discussion
Re: Reminder That Obi Supported Emefile's Cash Heist by Mariory(m): 12:39pm On Jun 10, 2025
Agbegbaorogboye:
It's comprehension not comprehending
You need to get yourself here acquainted work English language before asking questions
It's "you need to get yourself acquainted with the English language before asking questions" not that grammatical rubbish you typed.
Re: Reminder That Obi Supported Emefile's Cash Heist by Agbegbaorogboye: 1:12pm On Jun 10, 2025
Mariory:
It's "you need to get yourself acquainted with the English language before asking questions" not that grammatical rubbish you typed.
Have you ever heard of autocorrect?
Re: Reminder That Obi Supported Emefile's Cash Heist by BeardedMeat(m): 5:24pm On Jun 10, 2025
GodPunishOsu:
I like how this guy put it that Obi and Tinubu are only after the power.
From emilokan to ebilokan.
Re: Reminder That Obi Supported Emefile's Cash Heist by BeardedMeat(m): 5:26pm On Jun 10, 2025
Mariory:
It's "you need to get yourself acquainted with the English language before asking questions" not that grammatical rubbish you typed.
I hear Malory doesn't exist but only a mirage?
Re: Reminder That Obi Supported Emefile's Cash Heist by GodPunishOsu: 7:13pm On Jun 10, 2025
BeardedMeat:
From emilokan to ebilokan.
No animal will ever rule Nigeria
Re: Reminder That Obi Supported Emefile's Cash Heist by Mariory(m): 8:15pm On Jun 10, 2025
Agbegbaorogboye:
Have you ever heard of autocorrect?
The person you were trying to mock spelt one letter in a single word wrong. That is more likely to be autocorrect than the entire sentence you got wrong.
Re: Reminder That Obi Supported Emefile's Cash Heist by Agbegbaorogboye: 10:19pm On Jun 10, 2025
Mariory:
The person you were trying to mock spelt one letter in a single word wrong. That is more likely to be autocorrect than the entire sentence you got wrong.
Maybe you should check his post history
1 Reply

Obi Supported Naira Redesign Policy. What's His Stance NowMan Reminds Obidients Who Asked Him For Drinks That Obi Does Not Give ShishiPeter Obi Supported SSS Illegal Detention Of El-Rufai In Anambra (2013)234

Edo Line To Commence Services On June 27: Gov. OkpebholoTechnical Glitch Hits ADC As Thousands Seek Membership In New AllianceIlaje Youths Meet LGA Chairman, Recognise New Mahin, Aheri, Etikan Youths Congr