CBN Denies Naira Devaluation - Politics (2)

CBN Denies Naira Devaluation - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › CBN Denies Naira Devaluation (16074 Views)

Re: CBN Denies Naira Devaluation by OlujobaSamuel: 8:59am On May 14, 2016

last resort? ok now

Re: CBN Denies Naira Devaluation by Nobody: 8:59am On May 14, 2016

Monimatic:
Immediately Buhari jet out of the country for his next round of junketting, CBN will announce the Devaluation of the Naira.
That is how Buhari's Government operates, Buhari will travel out first and the Government will announce several anti people policies, that has been the trend and pattern since Buhari assumed power May 29 last year.

1 Like

Re: CBN Denies Naira Devaluation by kboy77: 9:04am On May 14, 2016

Na wa o

Re: CBN Denies Naira Devaluation by koboko69: 9:05am On May 14, 2016

Intellect20:
Obviously you did not read the response from CBN!

The obvious truth i meant is that, the last resort may be devaluation if things doesn't work as planned.

Re: CBN Denies Naira Devaluation by I888(m): 9:20am On May 14, 2016

SLIDEwaxie:
Na people weh get comprehensive deficiency dey follow talk say govt wan devalue...

The VP clearly says, we shall reevaluate and revisit the naira to work for all...

He didn't talk devaluation.

did u read the section where it was clearly stated that "it might be the last resort IF things don't work out"? Which clearly means the potency of devaluation is very HIGH

1 Like

Re: CBN Denies Naira Devaluation by booblacain(m): 9:23am On May 14, 2016

believe it or not, the government/cbn is behind the rumor in the first place, to gauge the public. if the criticism had favored them they would have gone ahead to devalue. this has been the way they operate. their real intention is clearly there in the denial.

2 Likes

Re: CBN Denies Naira Devaluation by Huffington: 9:25am On May 14, 2016

What kind of source is Dumebi Ifeanyi blog? Can't the mods post from a reputable source?

Re: CBN Denies Naira Devaluation by crazymod: 9:30am On May 14, 2016

verifielive:
http://dumebiifeanyi.com/cbn-denies-naira-devaluation/

Emefiele my brother is really doing opposite the meaning of his name with CBN...... Ajeni nwandu, kasi obi e che?

Re: CBN Denies Naira Devaluation by folabi4u2: 9:32am On May 14, 2016

Beautiful LiesBeautiful LiesBeautiful Lies

Re: CBN Denies Naira Devaluation by omobaekiti: 9:32am On May 14, 2016

Goahead:
The uncertainty of this administration is mind boggling, can we pass a day without being fizzled by this bunch of clueless vermins?

rather,can we pass a day without being fizzled by the children of hate and the pull him down apostles...bunch of cowards and pest.

Re: CBN Denies Naira Devaluation by alowonle02(m): 9:32am On May 14, 2016

Monimatic:
Immediately Buhari jet out of the country for his next round of junketting, CBN will announce the Devaluation of the Naira.
That is how Buhari's Government operates, Buhari will travel out first and the Government will announce several anti people policies, that has been the trend and pattern since Buhari assumed power May 29 last year.

Buhari does nt lavishly spend Nigeria money unnecessary but jst for d benefit of his citizens.

Re: CBN Denies Naira Devaluation by agabaI23(m): 9:38am On May 14, 2016

Intellect20:
Above in bold tells you it will be happening soon...a clever way of admitting the rumor!!

That statement seems to me like a comment by the reporter because it is outside the quote....

Re: CBN Denies Naira Devaluation by 18SNVL: 9:48am On May 14, 2016*

Re: CBN Denies Naira Devaluation by A4JOE(m): 9:49am On May 14, 2016

ichidodo:
[color=#1980BC] Devalue this sh**t,gaddem it...Tis bad enough we have fuel at 145..now you cannot devalue the currency to ease fuel marketers demand of dollar for quick importation of the fuel?? or maybe you want them to source it blaclmarket at 345 and sell fuel to Nigerians at 400 naira per litre? ..Dumb Brain dead President,Dumb stupidt Vice President..Dumb asslicking bootlicking Zombie CBN...[/color]

Bros I dey feel you....really asslicking fools.

Re: CBN Denies Naira Devaluation by demzey(m): 9:52am On May 14, 2016

SLIDEwaxie:
Na people weh get comprehensive deficiency dey follow talk say govt wan devalue...

The VP clearly says, we shall reevaluate and revisit the naira to work for all...

He didn't talk devaluation.

And wat does reevaluate means?

Re: CBN Denies Naira Devaluation by Samdee12: 9:53am On May 14, 2016

we are screwed

Re: CBN Denies Naira Devaluation by caphone: 9:55am On May 14, 2016

Some people jez dey opne mouth dey ttalk anyhow like say dem pass the pipu wey dey in power. Simple! Go skool yu no go buh as soon ass yu see unverified info yu go be de 1st to comment trash nd jaggons thinkin yu're doin yosef good. Buh sha e no bi yo faullt oo yuy just jobless

Re: CBN Denies Naira Devaluation by dalemat: 10:04am On May 14, 2016

Intellect20:
Above in bold tells you it will be happening soon...a clever way of admitting the rumor!!

My good friend it is as if you were reading my mind. Exactly what i said when i read the article.

Re: CBN Denies Naira Devaluation by yipata: 10:11am On May 14, 2016

WILL U SHUT UP UR MOUTH.. DID U HEAR ANYTHING FROM THE GOVERMENT, WAS IT NOT NEWS GIVEN TO YOU BY TABLOIDS SEEKING ATTENTION, U GUYS SHOULD USE UR HEAD AND CONFIRM ANY STORY BEFORE COMMENTING.. RUBBISH.

Goahead:
The uncertainty of this administration is mind boggling, can we pass a day without being fizzled by this bunch of clueless vermins?

Re: CBN Denies Naira Devaluation by SLIDEwaxie(m): 10:14am On May 14, 2016

I888:
did u read the section where it was clearly stated that "it might be the last resort IF things don't work out"? Which clearly means the potency of devaluation is very HIGH

u didn't read my comments, shey? I said, he didn't say they will devalue. Why did the topic said they resolved to devalue when they haven't?

Re: CBN Denies Naira Devaluation by dam4wummy(m): 10:16am On May 14, 2016

So why is the exchange rate for those that wants to import fuel #290/$ and not the #200/$or so (the so called CBN rate??

Re: CBN Denies Naira Devaluation by Nobody: 10:23am On May 14, 2016

They have devalued the naira, it was on this basis they arrived at the N145/L PMS price. They cant expect marketers to get dollars at N199 in the open market.

It is becoming very obvious that there are no serious brains in this government especially in the financial sectors. At this point, it is only crude swap that can ease the pressures on our exchange rate while ensuring we have PMS.

What PMB has done is effectively found a way for Nigerians to blame marketers instead of blame him when marketers cannot get dollars to buy PMS and feed the country.

Nigerians brace up for all time high inflation, scarcity of everything, little investment due to scarce capital and unfavorable investment climate.

As for the so called refineries and private investment idea they are using as the selling point for this deregulation, .. it is funny because worldwide investment in the petrochemical industry is in a slump. Big players will rather expand existing structures than invest in new ones due to the high capital requirements. The only way out is a huge monopoly of the entire Nigerian market by a single big player with ridiculously high prices

I pray for this country

Re: CBN Denies Naira Devaluation by Goahead(m): 11:04am On May 14, 2016

yipata:
WILL U SHUT UP UR MOUTH.. DID U HEAR ANYTHING FROM THE GOVERMENT, WAS IT NOT NEWS GIVEN TO YOU BY TABLOIDS SEEKING ATTENTION, U GUYS SHOULD USE UR HEAD AND CONFIRM ANY STORY BEFORE COMMENTING.. RUBBISH.

What a bully! Crawl back to your hole.

Re: CBN Denies Naira Devaluation by janvier27(m): 11:33am On May 14, 2016

This denial, uncertainty & confusion isn't helpful. If what was done with oil price is not subsidy withdrawal, then what other explanation other than official devaluation.

Re: CBN Denies Naira Devaluation by kayfra: 11:42am On May 14, 2016

When the biggest import, refined fuel, is no longer bought at the official rate then what do you call that oga Governor?

1 Like

Re: CBN Denies Naira Devaluation by rottenegg: 2:53pm On May 14, 2016

Where do they register to become NDA.

Re: CBN Denies Naira Devaluation by warrenweste(m): 6:10pm On May 19, 2016

kboy77:
Na wa o

Can u pls gimme the airtel code again..seems the mod has deleted your topic

Re: CBN Denies Naira Devaluation by Horus(m): 8:48am On Jun 16, 2016*

https://www.youtube.com/watch?v=_6tXeKYlZHE

[size=14pt]Nigeria's Central Bank floats the embattled Naira currency[/size]

Re: CBN Denies Naira Devaluation by janvier27(m): 9:03am On Jun 16, 2016

Is it CBN controlling the naira or naira controlling CBN. Naira we don devalue itself since.

1 2 Reply

N15 billion: CBN Denies Knowledge Of Ikoyi Loot • Precious Chikwendu Denies Her Account Was Used To Launder Money • 13 States To Produce Rice For Consumption+ Devaluation has failed – Buhari • 2 • 3 • 4

Not All Fulanis Are Criminals – Sultan • Omokri To El-Rufai: I’ll Buy You A First-Class Ticket If You Can Enter America • 'Learn From Libya’ – Seyi Law Warns People Celebrating Nepal Protest