₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,330,946 members, 8,447,879 topics. Date: Sunday, 19 July 2026 at 08:29 AM

Toggle theme

Buhari Has Created Another System Of Corruption - Emir Sanusi - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBuhari Has Created Another System Of Corruption - Emir Sanusi (5935 Views)

1 2 Reply (Go Down)

Buhari Has Created Another System Of Corruption - Emir Sanusi by Jokerman(op): 10:28am On Nov 17, 2016
As many commended Emir Sanusi for his timely statement on the Nigerian economy, others however, chose to focus on a particular statement he made which many see as "carrying weight" as it suggests something quite interesting.

Sanusi while delivering a lecture on Wednesday at the 15th meetings of the joint planning board and national council on development planning in Kano, titled ‘Nigeria in search of new growth model’, has made some shocking statements which attracted commendations from economic experts, but concern to ordinary Nigerians.

He accused the Buhari led administration for indirectly following the path of recent administration on issues relating to financial fraud.
He puts it as quoted below:
‘’We can always talk of the policies of the previous administration and we talk of oil subsidy and how it turned people into oil millionaires.
But we have created another set of millionaires since 2015 from foreign exchange.

‘‘The people telling the government that if you devalue people will suffer are the ones benefiting presently. They bought the dollar at N179 and price their goods at N300.The poor pay the price of a devalued currency, the rich take the profit.

“You may not like it, but that is the truth. Any system that allows you, with one telephone call, to make N1bn without investing one kobo; the system is wrong,” Sanusi added.


http://www.criticaltimesnews.com/2016/11/buhari-has-created-another-system-of-corruption-emir-sanusi.html?m=1
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Firefire(m): 10:30am On Nov 17, 2016
Buhary himself is morally corrupt.

Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by sarrki(m): 10:31am On Nov 17, 2016
Baba emir

Face your kingdom

Is it because baba stopped you guys from controlling him
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by talktonase(m): 10:32am On Nov 17, 2016
The same hawks and hyenas benefiting, will never tell him the truth...pervasive cluelessness!
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by ring7(m): 10:41am On Nov 17, 2016
GEJ have seen it coming,Baba how was korede visit to your kingdom?
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by steppin: 10:44am On Nov 17, 2016
sarrki:
Baba emir

Face your kingdom

Is it because baba stopped you guys from controlling him
Hahahaha! Worst zombie ever lived.
Very soon, you and Baba will run out of supporters.
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Jokerman(op): 10:53am On Nov 17, 2016
sarrki:
Baba emir

Face your kingdom

Is it because baba stopped you guys from controlling him
Did Sanusi liehuh
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Mrjo(m): 11:03am On Nov 17, 2016
Dats de GAME
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Sibrah: 11:06am On Nov 17, 2016
This Sanusi man is a huge joke . . .
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by IAMTHEHERO: 11:07am On Nov 17, 2016
sarrki:
Baba emir

Face your kingdom

Is it because baba stopped you guys from controlling him
Bros, please don't vex and take this question l want to ask you personal.

Do you have conscience at all? If you do, why are you like this? Posterity may not forgive you for seeing black and called it white.Did Emir Sanusi lie?
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by slimfit1(m): 11:08am On Nov 17, 2016
Ok Emir give us a solution not just be a critic abi .
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Sibrah: 11:10am On Nov 17, 2016
Jokerman:
As many commended Emir Sanusi for his timely statement on the Nigerian economy, others however, chose to focus on a particular statement he made which many see as "carrying weight" as it suggests something quite interesting.

Sanusi while delivering a lecture on Wednesday at the 15th meetings of the joint planning board and national council on development planning in Kano, titled ‘Nigeria in search of new growth model’, has made some shocking statements which attracted commendations from economic experts, but concern to ordinary Nigerians.

He accused the Buhari led administration for indirectly following the path of recent administration on issues relating to financial fraud.
He puts it as quoted below:
‘’We can always talk of the policies of the previous administration and we talk of oil subsidy and how it turned people into oil millionaires.
But we have created another set of millionaires since 2015 from foreign exchange.

‘‘The people telling the government that if you devalue people will suffer are the ones benefiting presently. They bought the dollar at N179 and price their goods at N300.The poor pay the price of a devalued currency, the rich take the profit.

“You may not like it, but that is the truth. Any system that allows you, with one telephone call, to make N1bn without investing one kobo; the system is wrong,” Sanusi added.


http://www.criticaltimesnews.com/2016/11/buhari-has-created-another-system-of-corruption-emir-sanusi.html?m=1
It is on record that we spent far more subsidizing the Dollar under Sanusi's tenure as CBN governor. If he had left a strong system capable of preventing round-tripping of dollar then he would no use of this evasive tactics he is going around feeding people with.
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by drss2(m): 11:12am On Nov 17, 2016
buari dullard's middle name is corruption.
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by sarrki(m): 11:12am On Nov 17, 2016
IAMTHEHERO:
Bros, please don't vex and take this question l want to ask you personal.

Do you have conscience at all? If you do, why are you like this? Posterity may not forgive you for seeing black and called it white.Did Emir Sanusi lie?
Why did you hate buhari ?
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by policy12: 11:13am On Nov 17, 2016
Emir face ur emirate o...Sanusi pls can give us solution we are tired of criticism we need the way forward.
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by borntosuccess(m): 11:13am On Nov 17, 2016
I love bold ppl
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by ceaz4r(m): 11:14am On Nov 17, 2016
sarrki:
Baba emir

Face your kingdom

Is it because baba stopped you guys from controlling him
Just listen to yourself... Very important national issues will be on the discussion table and the likes of you will just be making a nonsense of it. ...are you in JSS 3? Must you talk?? Do you and your likes think this economic situation affecting millons of people is a joke??
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by leofab(f): 11:23am On Nov 17, 2016
Mm
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by sarrki(m): 11:25am On Nov 17, 2016
ceaz4r:
Just listen to yourself... Very important national issues will be on the discussion table and the likes of you will just be making a nonsense of it. ...are you in JSS 3? Must you talk?? Do you and your likes think this economic situation affecting millons of people is a joke??
Mr lecturer don't teach me nonse.......

Just coz of your hate for my president
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Nobody: 12:17pm On Nov 17, 2016
Hunger knows no tribe & affiliation...
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by wowmenow: 12:29pm On Nov 17, 2016
sarrki:
Baba emir

Face your kingdom

Is it because baba stopped you guys from controlling him
This clown earns 1k a day for posting thrash on nairaland

Before 2019 Fulani's will be the first to stone buhari
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by corkpikin(m): 12:39pm On Nov 17, 2016
Buhari u see ur life outside huh Even a corrupt Emir is accusing you of #Bringbackourcorroption angry angry
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by sarrki(m): 12:40pm On Nov 17, 2016
wowmenow:
This clown earns 1k a day for posting thrash on nairaland

Before 2019 Fulani's will be the first to stone buhari
I am on nairaland coz nairaland have blessed me through this forum

Go to business thread look for what you can do

Apart from ranting
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by talktimi(m): 12:41pm On Nov 17, 2016
sarrki:
[s]Baba emir

Face your kingdom

Is it because baba stopped you guys from controlling him[/s]
just like they said, tiger head battery cool
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by wowmenow: 12:43pm On Nov 17, 2016
sarrki:
I am on nairaland coz nairaland have blessed me through this forum

Go to business thread look for what you can do

Apart from ranting
You are bless for earning 1k a day

I wish you well
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by sarrki(m): 12:46pm On Nov 17, 2016
wowmenow:
You are bless for earning 1k a day

I wish you well
Thank you

Wish you well
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Ngokafor(f): 12:55pm On Nov 17, 2016
sarrki:
Mr lecturer don't teach me nonse.......

Just coz of your hate for my president
...You are too old for this crappy zombeism you always display here....Nigeria is falling apart daily and you are here acting like a kid in the name of 'love for buhari' undecided...

...The earlier you wake up and face reality,the better for you and this country.
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by sarrki(m): 12:57pm On Nov 17, 2016
Ngokafor:
...You are too old for this crappy zombeism you always display here....Nigeria is falling apart daily and you are here acting like a kid in the name of 'love for buhari' undecided...

...The earlier you wake up and face reality,the better for you and this country.
Nop

Wilder are the one ranting

We Are (Nigeria) is in safe hand
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Bizibi(m): 1:01pm On Nov 17, 2016
Ngokafor:
...You are too old for this crappy zombeism you always display here....Nigeria is falling apart daily and you are here acting like a kid in the name of 'love for buhari' undecided...

...The earlier you wake up and face reality,the better for you and this country.
don't bother about that thing, he is earning his pay and looking fr attention.
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by mayorchelsea(m): 1:07pm On Nov 17, 2016
After devaluation of the naira by CBN,did it make the naira stronger?Same Sanusi who was called incompetent by them and called all sort of names when he said NNPC failed to remit certain billions into government purse and was suspended by their hero is now to be taken serious?They talk as if it is out of love for the country whereas reverse is the case.We know you will support anything as long as it is against this government.
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by Sufisunni: 1:09pm On Nov 17, 2016
sarrki:
Baba emir

Face your kingdom

Is it because baba stopped you guys from controlling him
Truth is always bitter! However, Sanusi is partly responsible for d current round tripping in our banking system coz he didnt leave a strong institution behind. Buhari is unknowingly enriching d cabal in his govt. I am a Buharist but Nigeria project is a joke!! many of Buhari supporters r getting appalled coz of economy.
Re: Buhari Has Created Another System Of Corruption - Emir Sanusi by omohayek: 1:16pm On Nov 17, 2016
Sibrah:
It is on record that we spent far more subsidizing the Dollar under Sanusi's tenure as CBN governor.
How exactly is this any sort of argument against Sanusi's statements? What you're saying amounts to "You didn't fix something bad when you had the chance, so we shouldn't fix it now." Would you accept such reasoning if this were your doctor saying a mole he missed on your back is actually a cancer in need of surgery?

If he had left a strong system capable of preventing round-tripping of dollar then he would no use of this evasive tactics he is going around feeding people with.
There's no need for any magical "strong system" to prevent round-tripping. Just allowing the Naira to float will do the trick.

Opposition to a free float pf the Naira comes from two sources:
1. The self-interest of those currently benefiting from round-tripping. These are the people Sanusi was talking about.
2. The economic illiteracy of those who oppose a "weak" Naira for fear it will raise import prices, even though it's these same people who make the most "Buy Nigerian" noise.

In truth, what the "Buy Nigeria" crowd really seem to want is for everyone else to "buy Nigerian" while they get to keep access to cheap Dollars for buying foreign goods. Otherwise, they wouldn't be so opposed to a free-float of the Naira that would automatically reduce imports until they were in equilibrium with Nigeria's export earnings. Nigerians love dreaming that they can have their cake and eat it too.
1 2 Reply

Buhari Has Created 12 Million Jobs In Agric Sector Alone - Lai MohammedFG Has Created 8m Blue Collar Jobs - Ngige, Minister Of LabourBuhari Has Created Another System Of Corruption - Emir Sanusi234

Hauwa Liman: Lady Whose Pictures Were Mistakenly Used Cries OutOgun Judicial Workers Embark On Indefinite Strike Over Short-Payment Of Salaries2023 Fiber: Abia PDP Chairman, Okere Rates Lucky Igbokwe High (VIDEO)