₦airaland Forum

slimthugchimee:
the only place i could have commended buhari was about boko haram but unfortunatly i wont because it was gej that made provision for all this to happen only for buhari to want to tak the glory



gerarahea, dulllard

madridguy:
Next is economy.

Sai Baba till 2080

slimthugchimee:
the only place i could have commended buhari was about boko haram but unfortunatly i wont because it was gej that made provision for all this to happen only for buhari to want to tak the glory



gerarahea, dulllard

PassingShot:
Buhari, the Indefatigable leader of our time.

Where others failed he has succeeded. Where others couldn't dare to venture into he has dared and ventured into.

Despite today's hardship, I have no doubt this man will eventually succeed. He doesn't shy away from taking tough decisions needed to put Nigeria back on track of progress and development.

The economy will turn around for the good and soon our fate/destiny will not be decided by crude price anymore.

PassingShot:
Buhari, the Indefatigable leader of our time.

Where others failed he has succeeded. Where others couldn't dare to venture into he has dared and ventured into.

Despite today's hardship, I have no doubt this man will eventually succeed. He doesn't shy away from taking tough decisions needed to put Nigeria back on track of progress and development.

The economy will turn around for the good and soon our fate/destiny will not be decided by crude price anymore.

Truth234:
The finance minister is even worst, imagine in her last speech widely shared across social media. She speaks at length on why recurrent expenditure is our problem yet interest rates is 14%, how do you create jobs when interest rates is at all time high and they are borrowing aggressively, won't that be recurrent in future budget? Why can't we stimulate our economy from within and empower our people?

Now is the time to diversify, since Nigerians do not have the money to meet high foreign exchange rates. So local substitute goods will sell but government must allow local manufacturers access to cheap loans.

Kyase:
Bros nawaoooo you wan turn to Mugabe?
You sure say e go reach then?

989900:
CBN controls interest rates -- watch the video where Adeosun ripped apart CBN raising rates.

Davash222:
I lack words to express your gullibility and please stop celebrating mediocrity.

PassingShot:
Buhari, the Indefatigable leader of our time.

Where others failed he has succeeded. Where others couldn't dare to venture into he has dared and ventured into.

Despite today's hardship, I have no doubt this man will eventually succeed. He doesn't shy away from taking tough decisions needed to put Nigeria back on track of progress and development.

The economy will turn around for the good and soon our fate/destiny will not be decided by crude price anymore.

Truth234:
CBN don't raise rates, monetary policy committee do and it comprises of FG, CBN, Finance Minister, etc

989900:
Monetary policies are primarily CBN -- this is one of the core mandates of the CBN; to control prices and inflation.

Why would Adeosun and others turn around to condemn raising rates?

If you have substantial contrary info, kindly share.

Truth234:
Bro you vote to raise rate. CBN can not alone

Monetary Policy Implementation Committee (MPIC)

The Monetary Policy Implementation Committee (MPIC) was established at the 192nd meeting of the Monetary Policy Committee (MPC) on 25th October, 2005. At inception, the membership of the Committee included the Deputy Governor (Economic Policy) as the Chairman, the Directors of Research and Statistics and Banking Operations Departments. The Monetary Policy Committee Secretariat which later in November, 2005, formed part of the new Monetary Policy Department serves as the Secretariat.

At its second meeting on 31/10/05, the membership was expanded to include the Directors of Banking Supervision, Trade &Exchange and Information Technology Departments. Also, at its 10th meeting, the MPIC decided that the Director, Currency and Branch Operations Department be invited to guide the Committee on decisions and developments affecting currency in circulation. T[b]he Director of Finance Department was later invited to join the committee.[/b]

Composition (current composition to be updated)

Deputy Governor (Economic Policy) - Chairman
Director, Monetary Policy Department - Member
Director, Research Department - Member
Statistics Department - Member
Director, Banking Operations Department - Member
Director, Finance Department - Member
Director, Trade & Exchange Department - Member
Director, Banking Supervision - Member
Director, Currency and Branch Operations Department - Member
Director, Information Technology Department - Member
Special Adviser to the Governor (Economic Matters) - Member

989900:
Ain't all these guys from various departments in the CBN?

PassingShot:
The current hardship occasioned by his tough but correct decisions are prerequisite to make Nigeria experience the real growth and development.

Gold only becomes very valuable and admirable after passing through very high temperature. The higher the temperature at which it's heated, the harder it becomes, not the softer.

The president needs support of patriotic Nigerians.

OMAR12:
a president that publicly divide his country needs, I think I will reserve my support till someone patriotic comes on board. past president won elections with vote coming from some certain section of the country yet no one of them divided the country privately or public like this dullard did.

PassingShot:
KEEP YOUR SUPPORT TO YOURSELF! He only needs the support of patriotic Nigerians.

Truth234:
He is currently afraid to sack both CBN Governor and Finance Minister, they both lacked recession technical know-how and has failed to proffer tangible solution.

Truth234:
This hardship is not caused by him but global oil glut, I won't blame him. But I will blame his financial team for not providing US blueprint like every normal sovereign nation.

Read this https://www.nairaland.com/3329132/idiocy-nigerian-financial-team

PassingShot:
My point is, he has taken certain decisions such as banning importation of some goods, removing subsidy from fuel, etc that have equally contributed to the hardship.

cyrilamx:
Will you tell that to the average Nigerians even literate ones who blinded b unnatural bigotry that this recession isn't Buhari's fault rather crash in World oil prices and to some extent, years of unbridled corruption, wastages and now economic saboteurs from certain part of the country because of political leanings? Even the ousted political party are using it to campaign against the ruling party in Edo as if states under them ain't receiving bail outs. I weep for sheer gullibility of Nigerians who because of present challenges which the locust years of wicked administrations caused, want to return to "Egypt" for cucumber and lettuces against their foreseeable Canaan (brighter future).

Goldencollins:
People are suffering and you are here praising and dancing to propaganda,when will you have sense ?

Truth234:
He is currently afraid to sack both CBN Governor and Finance Minister, they both lacked recession technical know-how and has failed to proffer tangible solution.

owoademola:
He's not afraid to sack anybody he want them to convince him more, probably before the year runs out.
He believed in the principle that said, this fire wood is not good we removed it, another one, another one till when are we going to see the best one. so let give them more time.

slimthugchimee:
the only place i could have commended buhari was about boko haram but unfortunatly i wont because it was gej that made provision for all this to happen only for buhari to want to tak the glory



gerarahea, dulllard