₦airaland Forum

Mynd44 lalasticlala oamj4
http://thenationonlineng.net/economy-remains-strong-says-emefiele/
The economy remains strong with all indices moving in the right direction, Central Bank of Nigeria (CBN) Governor Godwin Emefiele said yesterday.Emefiele said the CBN would continue to maintain the key monetary variables as decided in the last MPC meeting of November 2017, which was to hold Monetary Policy Rate (MPR) at 14 per cent, Cash Reserve Ratio (CRR) at 22.5 per cent, liquidity ratio at 30 per cent and the asymmetric corridor at +200 and -500 basis points around the MPR.
He cited the recovery in oil prices and boost in domestic production, Nigeria’s exit from recession in 2017, decline in inflation rate to 15.37 per cent, and accretion to the country’s foreign exchange reserves, which now stands at $40.78 billion, as positive indicators, stressing that these underscored the fact that the Nigerian economy remained strong.

Only a blind man won't see the improvement!!!

Issorite

Artificial economy where foreign exchange is pumped in to sustain is that one an economy?

CBN is still succeeding with this abracadabra economy because they are still getting enough foreign exchange revenue from crude oil sales,once the supply of funds declines the economy will fall like a pack of cards.

There is virtually little or nothing that have been invested in the critical ecomic infrastructures such as manufacturing and agriculture which should form the basic foundation of the economy. Even the Agriculture sector is presently being threatened by the menace of Fulani herdsmen terrorist.

Idiotic pigs of Biafra will not like the economy to be strong

We all know those that would still hate this, they don't want to hear that the price of rice and garri is getting cheaper and things are slowly falling into shape.
They only pray for worse things in their lives and definitely not for Nigeria.
We shall get there.

magoo10:
Artificial economy where foreign exchange is pumped in to sustain is that one an economy?

CBN is still succeeding with this abracadabra economy because they are still getting enough foreign exchange revenue from crude oil sales,once the supply of funds declines the economy will fall like a pack of cards.

There is virtually little or nothing that have been invested in the critical ecomic infrastructures such as manufacturing and agriculture which should form the basic foundation of the economy. Even the Agriculture sector is presently being threatened by the menace of Fulani herdsmen terrorist.

but your ineffectual buffoon did not put anything in infrastructure and agriculture, he only put it in idiotic people's hand to waste.

buhariguy:
but your ineffectual buffoon did not put anything in infrastructure and agriculture, he only put it in idiotic people's hand to waste.

we are talking of the present failings of this dullard govt and you are talking something else ,do you guys ever learn?
google is your friend.
Adesina the current president of Africa development bank under the last administration did a lot of fantastic reforms in the agricultural sector which the dullard and herdsmen terrorist are trying to destroy.

magoo10:
google is your friend.
Adesina the current president of Africa development bank under the last administration did a lot of fantastic reforms in the agricultural sector which the dullard and herdsmen terrorist are trying to destroy.

what did your ineffectual buffoon do? E-pocket? That is good.
But ask farmers now, if they are not doing better than before.
In the area of rice farming instead importation of rice,
Also in the area of garri, oil etc.
That issue of e-pocket, instead of to import fertilizer for farmers, we produce fertilizer for farmers now.

ManirBK:
Only a blind man won't see the improvement!!!

ipob lizard will never see it.

buhariguy:
what did your ineffectual buffoon do? E-pocket? That is good.
But ask farmers now, if they are not doing better than before.
In the area of rice farming instead importation of rice,
Also in the area of garri, oil etc.
That issue of e-pocket, instead of to import fertilizer for farmers, we produce fertilizer for farmers now.

magoo10:
we are talking of the present failings of this dullard govt and you are talking something else ,do you guys ever learn?
google is your friend.
Adesina the current president of Africa development bank under the last administration did a lot of fantastic reforms in the agricultural sector which the dullard and herdsmen terrorist are trying to destroy.

aswear you have time responding to automated mumus they have no serious argument to make.
just as you talk say the economy is artificial the leadership of government self na artificial. lol