₦airaland Forum

Buhari need to stop visiting states for rally to save more lives. His crowd always too much to control.

Anambralstson:
Stop quoting me with fake picture please, the picture you posted was first found in 2017

Your propaganda is first class. But unfortunately this dont translate to actual votes.

michlins:
bros I used obtainable average. If you are a buyer, you would need to have 375 and if you are lucky to get it cheaper then you enjoy. check nairaland here at technology market section. All importers use 375 as exchange rate

Nobody buys dollar at 375. It is between 360 to 363.

[quote author=Pekele007 post=75022716]This one is obviously suffering from glaucoma. [/quote
He is not. It is you rather. Both rallies are termed south east rally

hyfr:
Rather than doing their scam campaign and deceiving those almajiri's as usual, Apc has resorted to name calling and useless talks, i believe both Apc, their undeserving candidates, Tinubu and oshiomole are all daft

Obasanjo called them out first and you want them to keep calm because you are pdp and allowed to do any thing you want.

Atiku’s monetary agenda will lead to perdition, says Emefiele

 by Nduka Chiejina

 

 January 22, 2019

The Nation Newspaper

Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele has warned the Peoples Democratic Party’s (PDP) presidential flag bearer’s suggestion the exchange rate should be free float is recipe for disaster that will surely lead to perdition.

Reacting to Atiku Abubakar’s criticism of the CBN and Emefiele’ management of monetary policies and his suggestion that the exchange rate should be free-floating, the CBN governor said: “The MPC reviewed it and concluded that it would be wrong. It is as good as saying that we should go back to the era of Structural Adjustment Programme (SAP) in Nigeria.

“The implication can better be imagined. It will certainly lead to capital flight, lead to massive depreciation or devaluation of the currency and ultimately to currency crisis in Nigeria and I think we should all know that it is a road to perdition to ever go in that direction.”

Addressing reporters at the end of the bi-monthly Monetary Policy Committee (MPC) meeting, the first for the year, and weeks before the general elections, Emefiele maintained: “There is no capital control in Nigeria today because you cannot find the CBN trying to intervene in the market for demand and supply of foreign exchange.”

He insisted: “We cannot be talking about allowing import of items that can be produced in the country today, exporting jobs from Nigeria to foreign countries, and we say we have the interest of Nigeria at heart?

“We don’t agree with anybody. It is a wrong premise to say that you will allow imports to just flood the country just because you want to please anybody. It is not in our interest.”

Read Also: Emefiele outlines policy thrust for 2019

Emefiele pointed out the CBN is apolitical. “We will remain apolitical. We will not want anybody to drag the central bank into issues within our remit otherwise, we would respond to it.”

The CBN governor admitted the apex bank has instructed banks to suspend interest on loans for fuel imports.

With regards to forex restrictions on imported items, Emefiele said CBN will get even more aggressive to see to it that any or all food items that can be produced in Nigeria and consumed in Nigeria and are currently being imported into Nigeria may face forex restrictions.

Highlighting his successes and achievements as CBN governor, Emefiele argued that “Dangote is today establishing the biggest refinery I have ever seen.

“The size of Dangote refinery is at least 10 times the size of Victoria Island. By April 2019 when Dangote Fertilizer Plant begins to roll, we will place a ban on the importation of fertilizer because Nigeria will both be self-sufficient and even export.”

He also disclosed that he has “written to governors in the South-South and South East that time has come to stop importation of crude palm oil.

“A barrel of crude palm oil is more expensive than crude petroleum per barrel. I told them that we will re-establish the oil palm belt in the South-South and South Eastern parts of the country.

“Edo State has reacted positively like some other states. With support and intervention from CBN and government, we would reverse the trend.

“That should be the direction. It is important to say this so that people can know that the economy is doing well.

“A lot of work still needs to be done, there are still a couple of vulnerabilities and fragilities that we see in the economy but we are determined to resolve them.“

dokie:
It's difficult to get an igbo man who is not busy doing something. Not like the jobless guys in the North.

The same way we dont come out to vote in the east after shouting up and down in the social media.

Fraud is in the blood of Atiku. See how he compressed
the crowd.

Omooba77:
A government accusing, but not doing a single thing to arrest the situation. The worst in the history of this great nation, Nigeria!

If they clamp them down you will be the first to shout.

Lolkillyou:
Atiku should have used the debate to hit this man hard
As it stands now I see buhari winning

Since Buhari started visiting states for his campaign, Atiku's campaign look subdued. They now depend on rumour and propaganda.

I like thw way this man is campaigning. Despite the fact he will win in lagos, he is busy campagining and his challenger is not even doing any campaign. Soon he will cry rigging.

Oga di egwu. I dont know the magic Atiku is expecting in this election. Igbos and people like fani kayode, fayose etc had really angered the north. I dont know if Atiku is expexting the votes of south east and south to make him president. I expect him to tell people like fani kayode and fayose to lie low. They bring no value to his campaign.
They are the people that destroyed jonathan and they are at it again with the igbos hailing them.

See Obasanjo that impeached governors with just 5 legislators talking about democracy. We indeed have short memory in this country

Anambralstson:
INEC chairman

Does Inec chairman vote in Bauchi?
Feb 16th is not far my friend. We shall see.

So you actually think pdp will win Bauchi?

Konki:
But Buhari is untiuchably innocent ba!

Shame!

You are a business man and your major competitor decides not to produce, is it not your advantage to gain the market?

I think this is a big mistake from the side of Atiku.

Chizuru01:
Hunger every where. Never again. What business can someone do with 10000 naira ??

nigerians will be a laughing stock if buhari wins again

lalasticlala

The hawkers in the street how much do you think is their capital?

This man is fast becoming something else

I dont know what connects this man and these almajiris.

Nawaa. They are like locusts.

Nawaa. I am afraid honestly.

DonFreshmoney:
Someone asked about National livestock farming, and osibanjo said he will talk about it because buhari doesn't understand it.. that's why the cabal is controlling the government..

That is not true. Osibanjo said he will answer it because he is the chairman of national livestock.

I really dont know why pdp decided to base their campaign on lies and distortion of news. Dont they know all these have expiry date and that is feb 16th.
We all saw the rally in the television.

Chukwudi who told you he is sacking him. It is an issue of morality if he can stand in the dock and still be the supreme court chief judge. The best is for him to step aside on his own accord pending the determination of the case like the other judges when they were on trial.

Dshocker:
These are Almajiris that lack vital information about the welfare of the economy...

They are the people that will do the voting while we do the talking.

Another round of inspection today.

We are inspecting tomorrow. Call to join.

This is the most stupid post i have ever seen. How can removing some one's salary governmnent money?

Inspection arranged for saturday. Call if you are interested. Thanks.

Another round of inspection scheduled on saturday this week. Please do call us to join.

Happy sunday to you all.