Bloomberg Questions Buhari's Ability To Rule Nigeria - Politics (2)

Bloomberg Questions Buhari's Ability To Rule Nigeria - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Bloomberg Questions Buhari's Ability To Rule Nigeria (3621 Views)

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by slimfit1(m): 2:58am On Feb 21, 2016

naijaking1:
Yes, he's on track, the track leading to Egypt, Germany, South Africa, Chine, India, Britain, USA, Italy, etc.
He needs to get off the track and settle down to rule and fullfill his campaign promises.

Its a tripe of wisdom my sister we already have people in place that are making decisions on his behalf otherwise we won't need ministers . You won't see the effect of what he is doing until 2 years time. Then

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by LesbianBoy(m): 2:59am On Feb 21, 2016

No no no.....Bloomberg must be controlled by an IPOD youth - APC zombies lipsrsealed

4 Likes

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by 989900: 6:11am On Feb 21, 2016

Splashme:
[size=14pt]This is the worst Nigerian govt since I was born[/size]

You must be a genius (to be able to type and use the internet @ less than a year old).

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by WhoRUDeceiving: 6:16am On Feb 21, 2016

Splashme:
[size=14pt]This is the worst Nigerian govt since I was born[/size]

Are you sure...Are you sure.. People are saying he's their "AMIABLE PRESIDENT", and that he should "RIDE ON SIR", even his gateman Osinbajo is also "AMIABLE".

Why can't you just play along and say "Well done My President", and post useless pictures over and over again that show absolutely nothing.

2 Likes

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by obailala(m): 7:35am On Feb 21, 2016

Mintek:
[/b]

Impact not on Nigeria? Yet $1 exchanges for N400 while general inflation persists?

I heard earlier today that a bag of rice now sells for between N14,500 and N15,000...and you think the impact is not on Nigeria?

Can't we for once put party affinity aside and reason sensibly, or do APC loyalists buy items at lower rates in the market?

Suffering and smiling.
*SMH*

Rice importers still buy forex at N197, it is for the sake of not increasing the price of essential things like rice that the FG is still insisting on not devaluing. If the price of rice is yanked, then it is a case of exploitative sellers in your area.

Now with everyone blaming PMB for being too rigid and not devaluing (as if it will be the next best thing), just wait until the CBN officially devalues and you will see that price of rice jump to N25000; may I also add that the cost of fuel will jump to N150 or N200.

Meanwhile the entire western forces are hell bent on forcing Nigeria to devalue its currency, the motive behind the continuous wailings of bloomberg and the tagging PMB all sorts of names for not devaluing is quite clear.

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by Nobody: 7:53am On Feb 21, 2016

dunkem21:
Obiagelli, I think you should read this .. People are suffering ..
..abi e no reach una side sef

Aer we talking about ebonyi or nassarawa rice here?

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by vivalavida(m): 8:41am On Feb 21, 2016

obailala:
Rice importers still buy forex at N197, it is for the sake of not increasing the price of essential things like rice that the FG is still insisting on not devaluing. If the price of rice is yanked, then it is a case of exploitative sellers in your area.

Now with everyone blaming PMB for being too rigid and not devaluing (as if it will be the next best thing), just wait until the CBN officially devalues and you will see that price of rice jump to N25000; may I also add that the cost of fuel will jump to N150 or N200.

Meanwhile the entire western forces are hell bent on forcing Nigeria to devalue its currency, the motive behind the continuous wailings of bloomberg and the tagging PMB all sorts of names for not devaluing is quite clear.

Rice importers are not buying forex @#197. Go and check the list of items banned by the cbn from obtaining forex on 12/8/15. Rice is number one on the list. After listing the items,a caveat was under saying the importation of these products havent been banned but that they wont be obtaining forex from legal sources again. This means rice importers are also buying forex @#400 now. Hence the increase in the price of rice

The Central Bank of Nigeria (CBN) recently issue a directive stopping some imported goods and services from the list of items valid for forex in the Nigerian Foreign Exchange Markets. This policy implies is that, those who import these items can no longer buy foreign currency from the official window to pay the overseas suppliers. Rather, they will have to source forex from the parallel market or Bureau De Change to pay for their imports.
The items include the following:
Rice
Cement
Margarine
Palm kernel/Palm oil products/vegetables oils
Meat and processed meat products
Vegetables and processed vegetable products
Poultry chicken, eggs, turkey
Private airplanes/jets
Indian incense
Tinned fish in sauce(Geisha)/sardines
Cold rolled steel sheets
Galvanized steel sheets
Roofing sheets
Wheelbarrows
Head pans
Metal boxes and containers
Enamelware
Steel drums
Steel pipes
Wire rods(deformed and not deformed)
Iron rods and reinforcing bard
Wire mesh
Steel nails
Security and razor wine
Wood particle boards and panels
Wood Fibre Boards and Panels
Plywood boards and panels
Wooden doors
Toothpicks
Glass and Glassware
Kitchen utensils
Tableware
Tiles-vitrified and ceramic
Textiles
Woven fabrics
Clothes
Plastic and rubber products, polypropylene granules , cellophane wrappers
Soap and cosmetics
Tomatoes/tomato pastes
Eurobond/foreign currency bond/ share purchases
It is important to emphasize that the importation of these items are not prohibited or banned. It only means that importers of these items are no longer qualified to get foreign exchange from the CBN or the official market to buy these items from overseas.
http://www.newsheadlines.com.ng/latest-business /2015/08/12/list-of-40-imported-items-cbn-ban- from-forex/

1 Like 1 Share

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by obailala(m): 8:49am On Feb 21, 2016

vivalavida:
Rice importers are not buying forex @#197. Go and check the list of items banned by the cbn from obtaining forex on 12/8/15. Rice is number one on the list. After listing the items,a caveat was under saying the importation of these products havent been banned but that they wont be obtaining forex from legal sources again. This means rice importers are also buying forex @#400 now. Hence the increase in the price of rice

The Central Bank of Nigeria (CBN) recently issue a directive stopping some imported goods and services from the list of items valid for forex in the Nigerian Foreign Exchange Markets. This policy implies is that, those who import these items can no longer buy foreign currency from the official window to pay the overseas suppliers. Rather, they will have to source forex from the parallel market or Bureau De Change to pay for their imports.
The items include the following:
Rice
Cement
Margarine
Palm kernel/Palm oil products/vegetables oils
Meat and processed meat products
Vegetables and processed vegetable products
Poultry chicken, eggs, turkey
Private airplanes/jets
Indian incense
Tinned fish in sauce(Geisha)/sardines
Cold rolled steel sheets
Galvanized steel sheets
Roofing sheets
Wheelbarrows
Head pans
Metal boxes and containers
Enamelware
Steel drums
Steel pipes
Wire rods(deformed and not deformed)
Iron rods and reinforcing bard
Wire mesh
Steel nails
Security and razor wine
Wood particle boards and panels
Wood Fibre Boards and Panels
Plywood boards and panels
Wooden doors
Toothpicks
Glass and Glassware
Kitchen utensils
Tableware
Tiles-vitrified and ceramic
Textiles
Woven fabrics
Clothes
Plastic and rubber products, polypropylene granules , cellophane wrappers
Soap and cosmetics
Tomatoes/tomato pastes
Eurobond/foreign currency bond/ share purchases
It is important to emphasize that the importation of these items are not prohibited or banned. It only means that importers of these items are no longer qualified to get foreign exchange from the CBN or the official market to buy these items from overseas.
http://www.newsheadlines.com.ng/latest-business /2015/08/12/list-of-40-imported-items-cbn-ban- from-forex/

Hmmm.. wow!
I had no clue, thanks.

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by drss(m): 9:06am On Feb 21, 2016

buari dullard is a stone age product.

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by Nobody: 10:28am On Feb 21, 2016

The man rules the country like a conquered territory and hardly ever takes input from his advisers and am sure he is the I too know kind of person.Every right thinking Nigerian knows that the economy is falling so fast and urgent remedies to stem the tide is needed,but our bubu seems impervious to all these.he cried wen he lost in one of the elections ,crocodile tears.am sure Nigerians can't wait to boot him out cone 2019.we smart and quick tinkers and Nigerians don't need slow and inept people leading over 180 million Nigerians.B ur time is up

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by francizy(m): 10:52am On Feb 21, 2016

Even Shekau will outperform that dullardin... angry

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by dunkem21(m): 1:36pm On Feb 21, 2016

Obiagelli:
Aer we talking about ebonyi or nassarawa rice here?

Oby, stop this na ..

That pink bra you are wearing isn't made in Aba ..

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by Nobody: 2:06pm On Feb 21, 2016

dunkem21:
Oby, stop this na ..
That pink bra you are wearing isn't made in Aba ..

I give up

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by ASL33: 3:33pm On Feb 21, 2016

obailala:
Hmmm.. wow!
I had no clue, thanks.

Have u ever had a clue?

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by naijaking1(op): 3:59am On Feb 22, 2016

slimfit1:
Its a tripe of wisdom my sister we already have people in place that are making decisions on his behalf otherwise we won't need ministers . You won't see the effect of what he is doing until 2 years time. Then

Remember it took 6 months to find 'stainless ministers', in the end all we were given were Amaechi, Fashiola, Ogbe-people he has known for the past 100 years.
There is something called short term and long term plans, maybe you can find someone to explain that to him. People need action and results now, not in 2 years.he needs to stop all these travel now, and not in 2 years, and the naira needs to be stablized or officially devalued now and not in 2 years.

Re: Bloomberg Questions Buhari's Ability To Rule Nigeria by onoja12: 4:29am On Feb 22, 2016

God Bless you, you have said it all

baby124:
It's very suspicious isn't it. The fact is Nigeria is a very big market. And if they cannot flood Nigeria with foreign substandard goods, there is an impact on foreign investors instead of on Nigeria

1 2 Reply

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