Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,278 members, 7,977,841 topics. Date: Thursday, 17 October 2024 at 02:08 PM |
Nairaland Forum / Nairaland / General / Politics / Obaseki Replies Zainab Ahmed On Printing Of N60 Billion (35850 Views)
Obaseki Replies Capt. Hosa: 'I’m Innocent Of Your Accusations' / Meet Zainab Ahmed, Biography, Profile, Age, Finance Minister (Photos) / Buhari Appoints Zainab Ahmed As Finance Minister, Accepts Adeosun's Resignation (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by garfield1: 8:08pm On Apr 15, 2021 |
slivertongue: Obaseki is wrong,he spoke without evidence |
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by BennyDGreat: 9:09pm On Apr 15, 2021 |
garfield1: Check his professional profile. He can't spill everything in public |
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Elbinawi: 9:10pm On Apr 15, 2021 |
Emefiele justifies CBN printing more money to finance Nigeria - News Report The Governor of Delta state, @IAOkowa, was the first person that alerted Nigerians that the Buhari regime printed N60 billion in March to finance Nigeria. The minister of finance came out and rejected it. The Governor insisted on what he said. The Central Bank of Nigeria (CBN) Governor has now buttressed what the Governor said. The illiterate barbarian in Aso Rock presidential villa think printing more money will revamp the dead economy. Buhari did not know the difference between the High School subjects of Economics and Financial Accounting. How much will the dementia mannequin #Buhari ask Emefiele to print this month? #ElbinawiTweets |
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by garfield1: 9:20pm On Apr 15, 2021 |
BennyDGreat: Nonsense.as a politician,he is no more a professional but a liar.if he does not want to spill it in public,he should not have said so originally.if he was right,people like wike would have supported him... The minister of finance has no business with money printing,it is from the CBN and the CBN does it through the Nigerian security and minting press.this is a long process,obaseki cannot be privy to this.he gave no iota of evidence and in the absence of any evidence,he is a liar. |
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by DedeNkem: 10:21pm On Apr 15, 2021 |
The incompetent tribalistic idiot, Buhari, filled everywhere in his dumb government with incompetent Fulani fools like himself! Buhari is actively destroying this country! 1 Like |
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Staro: 1:25am On Apr 16, 2021 |
A word is enough for the wise |
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by Latvin: 4:56am On Apr 16, 2021 |
omonnakoda: It is nothing new. Even when you explain in layman words, people still don't understand it. Bismark Rewane explained it. Physical cash in circulation (about N2.5 trillion) is negligible compared with total money in the economy (about N38 trillion). There was no physical money printing as alleged. Govt may be issuing money without investment instrument backing it and that is the fiscal rescality Gov Obaseki may be referring to. However, it is nowhere near crisis level yet but can get there if not watched. In that light, both Gov Obaseki and Minister of Finance are right in what they have said. I suspect egos playing out here. Gov Obaseki, being a member of the National Economic Council could have picked his words carefully so as not to send wrong signals and further deflate an already struggling economy. Reason why Central Bankers and those in charge of the economy don't say certain things. Even if right, it may shock ordinary citizens and the economy, damaging it even more. The fact that majority of the people do not understand how things work, it is better not to be careless about what is said when managing the economy. |
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by omonnakoda: 7:29am On Apr 16, 2021 |
Latvin: I did not read the remark as necessarily meaning the physical printing of naira notes. I do not believe that is what was meant Anyway my position is neutral. I simply do not have the facts of what did or did not happen and I have no spoken to that anywhere They both cannot be right A specific figure of 60 billion was mentioned whether or not it is crisis level is a completely different issue What is the 60 billion story? That is what needs substantiation Sorry but CBN is not CIA it MUST be transparent I agree Obaseki should have chosen his words carefully and having said it now the onus is on him to substantiate |
Re: Obaseki Replies Zainab Ahmed On Printing Of N60 Billion by BennyDGreat: 5:58pm On Apr 16, 2021 |
garfield1: There might be no evidence to show from Obaseki's end but the government didn't respond appropriately to his claims. His information would definitely be from his sources and you don't expect him to mention names. However, going through the track record of this government, this allegation is weighty and is something every Nigerian ought to get the real truth |
(1) (2) (3) (4) (5) (6) (Reply)
Most Hilarious Quotes By Nigerian Politicians / Fayose Mocks Buhari Over Ogoni Visit "You Have Surrendered To Militants' / Igangan Herdsmen Attack: Parents Storm Schools In Oyo To Withdraw Their Children
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 27 |