What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? - Business - Nairaland
Nairaland Forum › Nairaland General › Business › What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? (942 Views)
| What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by Makams(op): 3:45pm On Jul 10, 2015 |
What magic did Buhari perform for Foreign Reserves to rise to $31.89bn? As a result of tight fiscal policy anchored on blocking of leakages, Nigeria’s foreign reserves has risen from $29.1 billion left by the immediate past government to $31.89 billion presently. Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele made this disclosure yesterday while briefing the Senate leadership on the state of the nation’s economy and actions being taken by CBN to boost it. Emefiele, at the briefing explained that though the crash in the price of crude oil in the international market since last year still has serious rippling effect on Nigeria’s economy, being a mono-product one over the years, signs of recovery are already emerging, one Read On >>> http://leadership.ng/business/445680/foreign-reserves-rises-to-31-89bn |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by sirthisthickkal: 3:48pm On Jul 10, 2015 |
buhari abeg probe more corrupt officials. |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by Hassan080196(m): 3:48pm On Jul 10, 2015 |
Sai Baba Sai Buhari Sai Nigeria |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by adamilen(f): 3:51pm On Jul 10, 2015 |
We will only acknowledge the "magic" when we begin to see it with our physical eyes...not the more you look the less you see. The naira is still falling and you people are busy performing magic. 1 Like |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by Godfullsam(m): 4:04pm On Jul 10, 2015 |
He did a Merlin  |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by Adeyinka12(m): 4:07pm On Jul 10, 2015 |
What i'm after now is fall in naira to reduce. God bless Nigeria 1 Like |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by otunbakolawole(m): 4:19pm On Jul 10, 2015 |
Blocked leakages and the lump sum paid by NLNG recently I guess... |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by Nobody: 4:43pm On Jul 10, 2015 |
Everyone sitting tight now... The fear of Buhari............... This is just the beginning of the change we voted for! God bless Nigeria. |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by CHANCEMAN: 5:34pm On Jul 10, 2015 |
The figure quoted by the CBN governor must be the total of all our reserves inclusive of the ECA that might account for the difference with the figures available from the CBN publications. . |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by hisgrace090: 8:06pm On Jul 10, 2015 |
The name Buharia alone makes people to do things right. And by so doing Nigeria will get better. |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by AhmadMind: 10:58am On Jul 11, 2015 |
[size=18pt]If it Jumps $1.5billion in 1 month....It will add 20 Billion in 1 year[/size] Makams: |
| Re: What Magic Did Buhari Perform For Foreign Reserves To Rise To $31.89bn? by serenegroup(m): 12:12pm On Jul 11, 2015 |
No magic jare. The more the naira is devalued the more the foreign reserve is Increased. Little wounder why the government are so in a rush to devalue the currency |
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