₦airaland Forum

CBN Under Emefiele's Excess Money Printing Crippled Naira

https://www.youtube.com/watch?v=5PLJrzbSwMc

Edo North Senator, Adams Oshiomhole, has said that the “excessive printing of money” by the Central Bank of Nigeria under the administration of former President Muhammadu Buhari through the Ways and Means policy crippled the naira.

The Ways and Means provision allows the Federal Government to borrow from the CBN if it needs emergency finance to fund delayed government expected cash receipts of fiscal deficits.

At a Progressives Governors Forum’s Meeting and Interactive Session in Benin City, Edo State, on Saturday, Oshiomhole blamed the policy for the eventual collapse of the Nigerian currency against the US dollar.

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I don't believe he said that, previous government was portray as the best thing after yam and fried egg. I think it's Ai 👀

I thought he always said he's a labour Man, so what does he know about economy and currency policies?

Emiefele was persecuted, But Buhari was not touch.
If Emiefele must go down, then Buhari should be in prison with some of his Minister's.

Chai! Wonders shall never end. Was adams Oshiomhole not part of those wicked souls that foisted buhari on Nigeria? You are now tired with the lies and propaganda of 2015, 2019 and pre-2023 so fast? Then you must be wicked adams Oshiomhole. You are simply dirty as your ugliness.

They all contributed to the bastardization of this nation in the past 10 years. So they can only continue to deceive themselves and their gullible mummified zombies.

This is a well know fact about politicians especially of the APC stock. They are very wicked set of fellas who always see evil but will never call it so because of political survival. They always placed personal interests above country then turn around to become opportunistic social crusaders. and moralists.

Without mincing words, APC has not only failed in its promises, but it has engineered a retrogression of the country, especially in the areas of security and economy.

There are disturbing statistics on fuel, debts, unemployment, inflation, insecurity and others.These are the extent of damage that the APC has wrecked

Tinubu’s APC cannot say Nigeria is fine under its rule, and Nigerians are waiting for the ruling party at the polls, and it is the party that Tinubu formed as a platform to achieve his lifelong ambition.

50 characters no easy ohhh, especially for an educated fool

This man doesn't have shame anymore. Was he not part of the government as a party stakeholder? Always putting on khaki uniform like a rebel leader.

Emefele this emefele that, Eni ti le monba ni barawo

Iiens:
How come none of you was able to criticize Buhari during his tenure as a President

Why 2 years after he is out of office

They are still not mentioning the buhari, emefiele be the scapegoat.

Same Tinubu and cohorts, who were praising and gearing buhari tenure

Just talking nonsense as if he is an economics or the budget and planning minister. Did Emefile printed the money and kept it in your bed room. When Buhari introduced new notes at least every Nigerian knows there was shortage of cash all over the nation. Where then was the excess money kept.

And he was quiet over that, when Buhari was President.

Who this short man thinks he is...since the incident of go and die I never take him serious

Ok but how do we reposition the economy faster. Of course the president is trying but many of you just blame former administrations without suggesting ideas to do things differently

Iiens:
How come none of you was able to criticize Buhari during his tenure as a President

Why 2 years after he is out of office

Don't mind them, they think we take them serious. Lip service politicians

Iiens:
How come none of you was able to criticize Buhari during his tenure as a President

Why 2 years after he is out of office

These guys were never prepared for good governance in the first place; forget all their fake promises(Buhari and Tinubu). They came to cash out. The ones praising Tinubu today, would criticize him after his time as president.

Senseless talk. Why does the president have veto power? Why did the constitution of Nigeria give the president the power to hire and fire? You people are the genesis of the devaluation of the naira.

Useless entities everywhere, masquerading themselves as leader.
Look what this short engine is saying

This man opens his mouth recklessly!
Instead putting the blame squarely at the doorstep of Tinubu for floating the Naira he's here trying to pass the blame on the man. The moment Tinubu got there, Nigeria's image entered the reverse mode.

..this the type of blame games Apcshit adopted since 2015..when they deceived the gullible darling daddy chanters...

..since PDP..has become part of Apcshit..tgey see no more reason to blame PDP..but employ select criticisms on their Apcshit appointees of the Ruga maladministration..to cover up the present failures & incompetence of the Apcshit leader cum guru strategist..

..lies, deceit, blame games & propaganda is what Apc uses to maladminister the geographical expression..

It is no longer binance and abokfx

12 more charactrs

It is no longer buhari or Jonathan. It's now emefiele.

Few years from now, when seeking political position, he will blame tinubu. Nigerian politicians can never take responsibility for anything. After years of blaming Jonathan, they have now realized they can never be a quarter of who the man was.

Thought the last government was the best thing after slice bread

What a hypocrisy!

APC-led government regime of which you, Adams Oshiomhole were then one of the Chairmen spearheaded the arbitrary printing of money that cripled the Nigerian economy.

QED

Did Emefiele take decisions on his own? Who was the Commander-in-Chief? APC blame games and propaganda.

They started with blaming GEJ, later it was Saraki, covid 19, now Emefiele, tomorrow Peter Obi, thereafter they will blame parents for giving birth to successive children.

Even if Adams Oshiomhole or APC talk and make mistakes, he will blame the microphone for transmitting what he never said.

Man didn't tell him and Buhari this when they were in power, now he suddenly remembered. Same way he and other APC people are not saying the truth to Tinubu now. When he leaves power now, they will begin to say rubbish to appear politically correct. Hypocrites!

Buhari asked Emefiele to do it.

Only former governor Godwin Obaseki was bold enough to cry out

Oshiomhole was APC Chairman then but kept mum
.

Lifestylecom:
CBN Under Emefiele's Excess Money Printing Crippled Naira


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Hypocrite he's in the same government but he never talks ، mumu

ogaemma:
Emiefele was persecuted, But Buhari was not touch.
If Emiefele must go down, then Buhari should be in prison with some of his Minister's.

I just wonder how emefiele will be prosecuted without dragging buhari.

That ex cbn man is just a waste of intelligence