Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) - Politics (3)

Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) (16948 Views)

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Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by givedemwotowoto(op): 5:10pm On Sep 17, 2025

erad:
Please show me an article or any form of proof that shows Buhari's government printed more money in 2020

https://punchng.com/budget-deficit-rises-370-hits-n47tn-under-buhari

Look for this part: The PUNCH recently reported that the Federal Government borrowed N6.31tn from the CBN through Ways and Means Advances in 10 months of 2022. This pushed total borrowing from the CBN from N17.46tn in December 2021 to N23.77tn in October 2022.

In case "ways and means" is not familiar, it means that CBN prints money and lends to FG.

You're trying very hard cheesy

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by Sirleo05: 5:10pm On Sep 17, 2025

The real problem of Nigeria today has always been APC emergence into power, and the man behind this problem is not Buhari, but has always been TINUBU. This same Tinubu is the same person that orchestrated the removal of PDP and Jonathan with lies. Now the same government is claiming saint and immune from present day lies, the same lies they spread under previous government

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by TheBizGenius: 5:12pm On Sep 17, 2025

erad:
Lol... He advised to print more money during the pandemic, they never did till when it was almost time for next election years after covid. Pay attention to the timing.

The advise he gave was valid for the covid period because that was the period that encountered the challenges he was advising for. If they decided to print more money way after those conditions are no longer valid, do you still blame him for that? We also all know the money printed around the election was purely political and not for economic reasons.

Let me give you an illustration. You were feeling hot in summer and I advised you to take a swim in the pool to feel cooler. You ignored my advise and after some time when it was winter, you decided to take a swim in a partially frozen pool and ended up with hypothermia. Am I still to be blamed for your actions?

Yeeeeehhh.

Brilliant. I like people with mathematical-logical intelligence.

#dancing right now#

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by JAWBONE(m): 5:13pm On Sep 17, 2025

WizardOfNG:
@OP.

The only thing you and your co-travellers in ignorance have succeeded doing is to show that primordial hatred of others can indeed comprise intellect and the ability to do basic research to then render even educated folks illiterate.

Tinubu made the valid and economically sound recommendation during COVID 19 while your messiah Obi and the Dubai-dweller Perennial Presidential candidate were silent and nowhere to be found.

This is a policy that made sense to the extent nations adopted it as an emergency strategy to fight a fearful epidemic that plunged humanity into uncertainty over human and economic survival.

Can you or your hero Obi argue economics with Tinubu you should be learning from yet always rushing to insult ? Shior.

Keep shooting yourself in the foot letting hate and emotions dominate your life to keep you ignorant and backwards.

And your own intellect comes from Chat-GPT. We can see how intellectual you are.

The same Tinubu that said "na statistics we go chop" wants to argue economics with Obi?

I wonder what a man who has no regard for Statistics will know about Economics

1 Like

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by DIVINEEVIDENCE: 5:14pm On Sep 17, 2025

WizardOfNG:
@OP.

The only thing you and your co-travellers in ignorance have succeeded doing is to show that primordial hatred of others can indeed comprise intellect and the ability to do basic research to then render even educated folks illiterate.

Tinubu made the valid and economically sound recommendation during COVID 19 while your messiah Obi and the Dubai-dweller Perennial Presidential candidate were silent and nowhere to be found.

This is a policy that made sense to the extent nations adopted it as an emergency strategy to fight a fearful epidemic that plunged humanity into uncertainty over human and economic survival.

Can you or your hero Obi argue economics with Tinubu you should be learning from yet always rushing to insult ? Shior.

Keep shooting yourself in the foot letting hate and emotions dominate your life to keep you ignorant and backwards.

ChatGpt is talking about saner climes, not fools in power who looted and locked up palliatives in warehouses, dished out billions for intervention which ended up in private pockets and collected monies in donations both locally and internationally which they still looted by fabricating casualty figures for a virus that Africans were largely immune to.

So great was the relationship between the Great Mistake of Daura and his minister for Humanitarian Affairs and disaster management that it was even rumoured he had secretly taken her into his harem.

Carry your short memory comot for road.

1 Like

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by erad(m): 5:17pm On Sep 17, 2025

givedemwotowoto:
https://punchng.com/budget-deficit-rises-370-hits-n47tn-under-buhari

Look for this part: The PUNCH recently reported that the Federal Government borrowed N6.31tn from the CBN through Ways and Means Advances in 10 months of 2022. This pushed total borrowing from the CBN from N17.46tn in December 2021 to N23.77tn in October 2022.

Bro... This is 2023 article, 2-3 years after the advise. No nao. Even at that, the article said nothing about printing new notes. CBN always has reserve where they can lend out money to the government. Its still the same money in the economy that CBN is lending the government.

When new notes are printed, it still doesn't mean there's more money in the economy because most times the new notes replace the old notes so the market still has the same balance, just new notes.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by givedemwotowoto(op): 5:18pm On Sep 17, 2025

Alliswell248:
If Tinubu ask you to jump into the lagoon... you would jump right?
What then is the usefulness of your brain?
Advise can be taken or rejected.

But you're asking Nigerians to trust that Tinubu is fixing the country and vote for him again in 2027? That is too much to ask o.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by givedemwotowoto(op): 5:20pm On Sep 17, 2025

erad:
Bro... This is 2023 article, 2-3 years after the advise. No nao. Even at that, the article said nothing about printing new notes. CBN always has reserve where they can lend out money to the government. Its still the same money in the economy that CBN is lending the government.

When new notes are printed, it still doesn't mean there's more money in the economy because most times the new notes replace the old notes so the market still has the same balance, just new notes.

In case "ways and means" is not familiar, it means that CBN prints money and lends to FG.

Yes it's 2023 and it shows that Tinubu fully knew what Buhari was doing just like the rest of knew and warned Nigerians. Knowing what Buhari was doing, Tinubu fully supported Buhari all the way to the end, and even promised to continue from where he stopped, but "suddenly realized" Buhari destroyed the economy after Buhari handed over to him.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by Osariemen12: 5:24pm On Sep 17, 2025

Yoruba!

Hmmm.

This Tinubulation will come to an end one day.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by Charly68: 5:29pm On Sep 17, 2025

But the man didn't channel it to productive ventures that is the issue

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by Misterone: 5:31pm On Sep 17, 2025

This is the same way Obi is talking nonsense! It's only when you're in government, when you wear the shoes, that's when you know where it itches! When in government, you'll know the consequences of your actions

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by erad(m): 5:32pm On Sep 17, 2025

givedemwotowoto:
In case "ways and means" is not familiar, it means that CBN prints money and lends to FG.

Yes it's 2023 and it shows that Tinubu fully knew what Buhari was doing just like the rest of knew and warned Nigerians. Knowing what Buhari was doing, Tinubu fully supported Buhari all the way to the end, and even promised to continue from where he stopped, but "suddenly realized" Buhari destroyed the economy after Buhari handed over to him.

Ways and means does not always mean printing new notes. Most times it's just taking out from the dormant money not actively in circulation and also from the funds with them by commercial banks.

Unfortunately, we can't know when it has to do with printing new notes or not.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by givedemwotowoto(op): 5:36pm On Sep 17, 2025

Misterone:
This is the same way Obi is talking nonsense! It's only when you're in government, when you wear the shoes, that's when you know where it itches! When in government, you'll know the consequences of your actions

So you’re upset with Peter Obi over what Tinubu did? cheesy

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by gratiaeo(m): 5:50pm On Sep 17, 2025

Guestmale:
I know jumping into the comments section without reading the main article and digest it will bring this kind of comment or when you have made up your mind not be objective.

If you're in Nigeria during coronavirus and experienced what many Nigerians went through you will understand, many lost their job and their business. Should we now continue like that when we're no more in that situation.

If you want to know the real truth about the new tax regime,watch this video
https://www.facebook.com/otokinie/videos/1757617328450455/?mibextid=rS40aB7S9Ucbxw6v

Nigeria was far better during coronavirus than now

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by Zionmdde: 5:50pm On Sep 17, 2025

WizardOfNG:
@OP.

The only thing you and your co-travellers in ignorance have succeeded doing is to show that primordial hatred of others can indeed comprise intellect and the ability to do basic research to then render even educated folks illiterate.

Tinubu made the valid and economically sound recommendation during COVID 19 while your messiah Obi and the Dubai-dweller Perennial Presidential candidate were silent and nowhere to be found.

This is a policy that made sense to the extent nations adopted it as an emergency strategy to fight a fearful epidemic that plunged humanity into uncertainty over human and economic survival.

Can you or your hero Obi argue economics with Tinubu you should be learning from yet always rushing to insult ? Shior.

Keep shooting yourself in the foot letting hate and emotions dominate your life to keep you ignorant and backwards.

All the while they were saying buhari and emefiele finished our economy with new naira notes, why didn't you say this?

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by Reference(m): 5:52pm On Sep 17, 2025

WizardOfNG:
@OP.

The only thing you and your co-travellers in ignorance have succeeded doing is to show that primordial hatred of others can indeed comprise intellect and the ability to do basic research to then render even educated folks illiterate.

Tinubu made the valid and economically sound recommendation during COVID 19 while your messiah Obi and the Dubai-dweller Perennial Presidential candidate were silent and nowhere to be found.

This is a policy that made sense to the extent nations adopted it as an emergency strategy to fight a fearful epidemic that plunged humanity into uncertainty over human and economic survival.

Can you or your hero Obi argue economics with Tinubu you should be learning from yet always rushing to insult ? Shior.

Keep shooting yourself in the foot letting hate and emotions dominate your life to keep you ignorant and backwards.

So why does he and his appointees now blame that government for the so called ways and means debt.

Isn't that trying to call a dog a bad name.
The contradictions of this government just cannot be white washed and try as they may the grace to run a peaceful administration will continue to elude them as long as they do not take responsibility as a party and as a government that has been in power for a decade now.

This government took over from the previous one it assisted into power. It supported that government for long 8 years. This President praised the previous one to high heavens at every opportunity it had. And now it turns 180 degree to accuse it of ruining he economy.

Only in Nigeria can such failure and total lack of integrity be rewarded with any sort of electoral win. But Nigerians who do this are suffering for their inability to relate their electoral chioces to their unfortunate experiences. We have no one but ourselves to blame.

If we care to remember, the GEJ government was removed for the very reasons that are being excused today. Call it hate, call it anything. Gaslight to high heavens. The absolute truth is that the APC met a bad situation in 2015 and has made it a hundred times worse.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by Guestmale: 6:00pm On Sep 17, 2025

gratiaeo:
Nigeria was far better during coronavirus than now

For you but not for majority of Nigerians.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by WizardOfNG: 6:13pm On Sep 17, 2025*

Zionmdde:
All the while they were saying buhari and emefiele finished our economy with new naira notes, why didn't you say this?

I did. Don't make assumptions. In fact from watching how Buhari and his cabal were moving, I stated on this same forum, in 2022, it was the fear of monumental and never-before-seen level of corruption that would be exposed after Buhari left office that was the main reason the Buhari cabal were desperate PBAT did not become President.

They wanted a stooge who would cover their monumental looting of Nigeria. No one they did not consider from Jonathan to Lawan, our former SP, to the extent Emefiele, aware of the desperation of the Buhari cabal, even nursed plans to run for the Presidency. Unfortunately for them, PBAT was too well-liked and well-supported by many folks of influence to fail.

After Tinubu became President, we have indeed seen the monumental level of corruption typified by how Emefiele owned an Abuja Estate with over 700 Units, plus many, many other assets and with the money he stole reputed to be in billions of dollars.

We can imagine what other 'inner crew' members of the gang looted.

To then attempt linking PBAT to the direct and economically damaging action Buhari and his cabal took, as many Nairalanders try to do here daily, is the heights of lacking principles, uprightness and fundamental sense of fairness.

Especially as we were all alive to witness how Tinubu was ostracise and frozen out of the Buhari Government to then be treated as an enemy of the regime,

Speaking and admitting truth always is a Godly and endearing human quality. No one truthful or sincerely Godly can deny the above because disliking Tinubu cannot atone for denying what we were all living witnesses to.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by orisa37: 6:22pm On Sep 17, 2025

DOGARA WAS ON POINT.
PRINTING AND CONTROLNG NAIRA IS ALWAYS A POLICY OF GOOD MANAGEMENT, GOOD STORE KEEPING AND CLEAN MONEY POLICY MAINTENANCE
PROPER MAINTENANCE OF CLEAN MONEY POLICY IS SUFFICIENT TO KEEP THE NMPC, THE PRINTER OF NAIRA AND THE CNN, THE KEEPER AND THE STORER OF MONEY, OCCUPIED PERENNIALY AND MAINTAIN THEIR BUDGETS.
NOW, THE CBN, THE NMPC, THE MINISTRY OF FINANCE AND THE GOVERNMENT BY IMPLICATIONS ARE JUST BREAKING THE SUPREME COURT JUSTICE EVERY MINUTE IIN ORDER TO STEAL THE COUNTRY DRY.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by ARISHEM: 6:35pm On Sep 17, 2025

Tinubu set Buhari up. So that Nigerians will give tinubu a thumbs up when he is doing the cleanup.

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by givedemwotowoto(op): 6:41pm On Sep 17, 2025

ARISHEM:
Tinubu set Buhari up. So that Nigerians will give tinubu a thumbs up when he is doing the cleanup.

That's your interpretation? That it was easier for him to win if Buhari did a bad job? So the bad job he's doing today in the name of cleanup is so what will happen later? So that Nigerians will vote for him so they can give him thumbs up when he cleans it up later? Omo this is next level reasoning, the world hasn't caught up to your level yet cheesy

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by Putinofrussia: 6:56pm On Sep 17, 2025

givedemwotowoto:
This is a rejoinder to Yakubu Dogara, who was recently appointed as Chairman of the Board of the newly established National Credit Guarantee Company by the Tinubu government.

Dogara, in a recent statement, claimed that Buhari destroyed naira through reckless monetary policies, including the printing of N22.7 trillion under the guise of “ways and means.” https://www.nairaland.com/8520797/buharis-printing-22.7trillion-destroyed-naira

Has Dogara forgotten that the man he now works for advised Buhari to print more money, and Buhari did exactly that? Let's refresh everyone's memory in case we have forgotten.

Source: https://punchng.com/tinubu-to-buhari-print-more-naira-notes-suspend-vat/

Stop posting fake and debunked news.

https://www.thisdaylive.com/2020/03/30/tinubu-i-did-not-urge-fg-to-print-new-naira-notes/

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by givedemwotowoto(op): 7:13pm On Sep 17, 2025

Putinofrussia:
Stop posting fake and debunked news.

https://www.thisdaylive.com/2020/03/30/tinubu-i-did-not-urge-fg-to-print-new-naira-notes/

He tried to defend himself after the backlash but his message was very clear. There was no misunderstanding. Infact, the follow up clarified what he wrote previously: “The core principle underpinning all of the above is that the federal government must adopt a countercyclical fiscal policy and should not be afraid to spend as much naira as is required to protect the economy."

He’s going a similar route, wrecking Nigeria’s economy further

Re: Tinubu To Buhari In 2020 - Print More Naira Notes (Throwback) by WizardOfNG: 7:34pm On Sep 17, 2025

JAWBONE:
And your own intellect comes from Chat-GPT. We can see how intellectual you are.

The same Tinubu that said "na statistics we go chop" wants to argue economics with Obi?

I wonder what a man who has no regard for Statistics will know about Economics

Lol. You only make a fool of yourself with the distractive ad hominem antics because you can easily fact check what I submit.

Easy to do if you have the sound economic knowledge required, as Omokri does all the time with ease, instead of trying to knock the source which is one of many I can supply with ease, including submission of reknowned analysts, to confirm what is one of many deemed a viable solution to tackle civil 19 lockdown and indeed utilised by nations of the world.

In fact the USA, as one example, printed money during the Covid 19 pandemic lockdown so I really cannot understand the purpose of your post.