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.

But we have created another set of millionaires since 2015 from foreign exchange.


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.

Aish

Emir no more free money

Live with it

The Era is gone where few individuals share our common wealth

Samurai's explanation is like giving a primary 3 pupil calculus to solve. Buhari will never understand.

Afonjas are busy supporting them

But there is nowhere he said what the title is expressing. There is need for the FG to take a good look at the forex policy and identify potential leakages .

FAKE USERNAME with 100% FAKE SELF WRITE UP NEWS JUST TO GET LIKES AND SHARES

dotcomnamename:
FAKE USERNAME with 100% FAKE SELF WRITE UP NEWS JUST TO GET LIKES AND SHARES

Who told you so...

Old story and it's fake

The biggest scam going on this country at the moment is the one surrounding FOREX trading. The official and unofficial nonsense has destroyed this country .. Believe me.. Friends of the president are getting forex at official rate and selling to traders at the black market prices..., all with a "phone call" as Sanusi stated. You become instant billionaire without even stepping off your bed. This is happening under the regime of this media fabricated saint AND HE KNOWS AND HAS KEPT QUIET FOR 2 YEARS! Thieves all of them...

sarrki:
Emir no more free money
Live with it

The Era is gone where few individuals share our common wealth

Broda did you read and digested what Emir Sanusi said or you just like to comment?, if you did, you wont have responded the way did. Its unfortunate, that why our country is down some individuals including you are playing politics with it. The matter is beyond Pdp and Apc, the alarm no dey look face or party.

sarrki:
Emir no more free money
Live with it
The Era is gone where few individuals share our common wealth

Afonja has spoken.

Sourceless story mtchwwwww

sarrki:
Emir no more free money

Live with it

The Era is gone where few individuals share our common wealth

You have put up a good fight for a dead cause ..You have tried I must say but bro it's time to stop the CPR the govt has failed and can't recover again

tolufase:
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.

But we have created another set of millionaires since 2015 from foreign exchange.


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.

Ogbeni....your source don finish for house?