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Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsObi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) (11934 Views)

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Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Lifestylecom(op): 6:14pm On Jun 11, 2025

https://www.youtube.com/watch?v=gv-oMqDb39c

Media Personality, Rotus said “Peter Obi’s gradual floating of naira idea would not have solved Nigeria’s economic problems….it won’t pay the backlog of foreign airlines debts owed, it won’t bring FX to the economy.”

The beauty of free speech is that everyone gets to share their thoughts, even when silence would’ve been a wiser contribution.

Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Lifestylecom(op): 6:14pm On Jun 11, 2025
Gbam
Lifestylecom:

https://www.youtube.com/watch?v=gv-oMqDb39c

Media Personality, Rotus said “Peter Obi’s gradual floating of naira idea would not have solved Nigeria’s economic problems….it won’t pay the backlog of foreign airlines debts owed, it won’t bring FX to the economy.”

The beauty of free speech is that everyone gets to share their thoughts, even when silence would’ve been a wiser contribution.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by SarkinYarki: 6:16pm On Jun 11, 2025
Did Tinubus own work ?
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by TimFisher2: 6:39pm On Jun 11, 2025
undecided







Rotus the APC media mole analyst


Since the man joined APC by proxy, his face just dey worwor
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by miyagi01(m): 6:39pm On Jun 11, 2025
Obi naturally might be a good man with good intentions, but Obi would never make a good president. Being president in Nigeria requires a bit of madness, the kind of Wike’s madness for things to work not the mumu gentle gentle Obi is going around doing as though he his contesting for UK prime minister😂
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Father4all: 6:39pm On Jun 11, 2025
It will work
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by fredoooooo: 6:40pm On Jun 11, 2025
Na Beer economy obi know
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by 1Alex: 6:40pm On Jun 11, 2025
Ok
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by cmikel: 6:40pm On Jun 11, 2025
This rotus of a man behaves like a joy killer

He is always internally happy when odds are going against rufai or others .


He likes any thing that can kill joy.


He knows this type of news can kills some people joy grin grin
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Skydivine: 6:40pm On Jun 11, 2025
When cow cut rope run from Mallam, the only thing you would hear from him is “kai minini”!

See what bad economic policy of APC has reduced them to.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by after4:
Na this small boy wan begin teach obi economics now

Person wey go London School of Economics no sabi economics but the one wey forge certificate, hire SANs to defend why hem enter school as woman graduate as man sabi economics.
If Nigeria was a serious country, this boy suppose dey do delivery man
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Ironfaceman(m): 6:40pm On Jun 11, 2025
The things APC are doing, even Satan will be of afraid of them.

People like rotus and that other cannabis junkie sowere. They thrive on parasitic relationship.

But now Nigerians can decern the truth.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by ribbit: 6:40pm On Jun 11, 2025
This is why you have an actual accountant running the economy.
This person that actually turned 50 million revenue to 60billion
instead of someone that claimed to study market to market economy. (Whatever that means) But increased poverty in anambra.

His only achievement is saving imaginary money and beeg company, so that his minions can drink and forget their problems.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by after4: 6:41pm On Jun 11, 2025
And which one your father know


fredoooooo:
Na Beer economy obi know
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by rinzaugustine: 6:41pm On Jun 11, 2025
Lol
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by after4: 6:41pm On Jun 11, 2025
An accountant wey no get degree?


ribbit:
This is why you have an actual accountant running the economy instead of a market to market economists.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Chikarata2020(m): 6:42pm On Jun 11, 2025
Even a blind man knows that obi would have done wonders, if he was given the chance to rule Nigeria. But tribal bigots will prefer to suffer under their brothers leadership
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by fixedhollies(m): 6:42pm On Jun 11, 2025
Was there no gradual fading out of fuel subsidy during Obasanjo/Jonathon time. Devaluation and floating the Naira is what has led us here. 2 years, economy never bounce back! 4 years it will still be same story.

The most painful part is that we no see effect of the floating. The subsidy was taken from the people to the politicians. Either fuel or naira floating. The two favor that elites alone. I am now confused if Nigeria is a communist state, capitalist or socialist.

Nigerians currently doesn’t benefit from the country! This wasn’t the founding fathers intention.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by ALTERNATEID: 6:42pm On Jun 11, 2025
You don’t even need to be an expert to know this. When Obasanjo became the president, he started a gradual removal of subsidy but by the time he was leaving, the subsidy amount was more than what he met.

Yaradua, Jonathan and Buhari also did the same thing. Most people don’t know that the serial pms price increments were basically an attempt to gradually remove subsidy. They all failed.

Judging from experience, it’s obvious a gradual removal can’t work. Do it at once and face the consequences. That is what Tinubu did.

Now, we’ve all adjusted. Everyone now knows market will determine the price and nothing else.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Tjra: 6:43pm On Jun 11, 2025
Obi wey no Sabi basic economics.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by richmond500: 6:43pm On Jun 11, 2025
Yes it did, if it's the backlog on FX, Nigeria has cleared it, loan payment has ease up.
SarkinYarki:
Did Tinubus own work ?
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by emkz: 6:43pm On Jun 11, 2025
Obi is economically limited. He said he'd do it in an organized manner by ramping up production of agriculture, manufacturing and everything.

Actually, the first thing is to tackle insecurity and modernize agricultural approaches. There was a time food went to waste in Benue due to lack of storage facilities. Also, smooth road network and rail are needed to move food from production belts to consumption areas. For now, cargo airports for agro-produce ought to be the in-thing.

On the issue of manufacturing, let Obi explain what he expects Nigeria to manufacture. He can't be throwing words around like a school boy. He needs to show maturity in his thinking.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by ribbit: 6:44pm On Jun 11, 2025
after4:
An accountant wey no get degree?
keep telling yourself that, if it makes you sleep at night.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Agbegbaorogboye: 6:44pm On Jun 11, 2025
Rotus is wrong here. Floating the currency in a knee jerk manner did not pay the fx backlog neither did it increase fx inflow
Nigeria had to borrow and issue bonds to get fx into the system.
Worse still, our currency became the worst performing in Africa due to the policy and is still at an abysmal 1500/ $1 rate with attendant inflationary pressures.
Floating the naira was a bad idea.
Even CBN had to later come out to deny floating the naira
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by after4: 6:44pm On Jun 11, 2025
Why not bring it
No go find work do

ribbit:
keep telling yourself that, if it makes you sleep at night.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Tjra: 6:44pm On Jun 11, 2025
TimFisher2:
undecided







Rotus the APC media mole analyst


Since the man joined APC by proxy, his face just dey worwor
Everyone that schools your idol is a mole.

Obidients and their reasoning ehn.

Better tell your idol to get schooled on basic economics or just face his trading.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by tunjijones(m): 6:45pm On Jun 11, 2025
It's always easier when una dey outside. No be so Tinubu and goons dey talk? Fashola said stable power supply was possible in 6 months for a government that knows what is doing. Buhari come disgrace am give am minister of power, fashola ended up being mislnister of darkeness.

Make obi go sit down. All of them na same thing. If them enter now, na pls give us time dem go dey talk
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by LegendHero(m): 6:45pm On Jun 11, 2025
Lol Rotus dey take Obi serious.

Obiee na weakkllingg, he is only mentioning gradual so his supporters won’t cruxiify him because they direct his life.

That man won’t survive 2 days if he remove subsidy whether gradually or in full. He does not have the ballss.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by WizardOfNG:
SarkinYarki:
Did Tinubus own work ?
Of course it is working. You just don't have the intellect to appreciate the results targeted and achievements gained already. All your time is spent looking for ways to denigrate Tinubu and all his reforms.

Floating the Naira simply showed the real value and worth of our currency without subsidy.

Same as a woman with a huge tummy can look like figure 8 when wearing a girdle. Of course minus the girdle, na another story.

Floating the Naira presents it's true worth , as a repository of monetary value, against other currencies meaning we get to confront the fact we have a currency of poor value because we have a very poor economy.

We can/must then committ to working from the ground up to build our economy, through diversifying it away from reliance alone on oil as an example, to improve it which will then consequently and automatically strenghten the Naira organically. The better our economy, the greater the strenght of the Naira which is what we want and need as a nation.

It is how the best economies of the world gained strong and optimally convertible currency while we want to fake it as we also faked education subsidising it to be cheap, thus removing the quality component, only for us to be condemned to producing "graduate" civil Engineers who can never handle projects like third mainland or even the link roads commission by Wike and Tinubu today in Abuja.

All.this brings us back to the woman wearing the girdle. Is it not best, for her own health, confidence and optimal fitness she gets rid of the girdle and gain a genuinely flat stomach through diet and exercise routine rather than using deception to fake the stomach and figure she truly desired?

Sure dieting and exercising will be hard work, as Naira floatation is for Nigeria and Nigerians is also, but the girdle has to go and the sacrifice and hard work to gain a flat stomach must begin.

There is no way to remove the girdle gradually same as there is no to float the Naira gradually as the untelligent petty trader masquerading as a leader, I.e Obi, is foolishly suggesting.

He really should learn to remain silent.
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by richmond500: 6:46pm On Jun 11, 2025
after4:
Na this small boy wan begin teach obi economics now
to be honest, anyone can teach Obi economics.
The guy no sabi anything, his interview exposed him
Re: Obi’s Gradual Floating Of Naira Policy Will Not Work - Rotus (Video) by Freshtruth(m): 6:46pm On Jun 11, 2025
Forget sentimental pls Nigeria let Give Ngozi iwela a chance infact she should be appointed Nigerian president for just 1 term that woman will fixed Nigeria Nigerian Economy.

At the Age of 78 your reason faculty is becoming low as u ages talk more of someone wey dey sniff coke on a steady make he rule this nation. Who no get work this period I sorry for that person
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