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Nairaland Forum / Nairaland / General / Politics / Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back (23068 Views)
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Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by MansoryMX(m): 11:29am On Apr 18, 2021 |
A country on autopilot, while Islam extremists are seriously at work to conquer and Islamize the remaining 24 non sharia States. 3 Likes |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Eriokanmi: 11:30am On Apr 18, 2021 |
SmartPolician: I watched that drama too on channels tv. He said...I'm a banker and not a politician and am only doing my job lol 1 Like |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by FlipModeSquade(m): 11:31am On Apr 18, 2021 |
Naija done enter one chance.. |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Adjovi: 11:31am On Apr 18, 2021 |
Anyone that still supports APC is an enemy of Nigeria no two ways about it. 3 Likes 1 Share |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by sukieboy(f): 11:31am On Apr 18, 2021 |
I like the fact that the PDP Govs response was enumerated by paragraphs as is the practice in public service. The PGF just bundled the write-up should incompetence even in common things. |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Whoube99(f): 11:34am On Apr 18, 2021 |
Like buhari, like the APC Governor's forum Tueh! |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Microwhy: 11:34am On Apr 18, 2021 |
Jerryherd:Go wash your pant inside toilet.. Printing money as stated by obaseki doesn't mean paper printing. Money printing is general term use and not necessarily mean printing naira notes. 4 Likes |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by FlipModeSquade(m): 11:37am On Apr 18, 2021 |
Mynd44:So he shouldn't have talked because the Buhari government would victimize him? 1 Like |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by FlipModeSquade(m): 11:39am On Apr 18, 2021 |
Jerryherd:Shut up 2 Likes |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Isobug: 11:39am On Apr 18, 2021 |
WiszyFraud:And many will be mad afterwards. What works in your system may not work in my system |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by bizhop01: 11:40am On Apr 18, 2021 |
Truth always bitter since 15 BC |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Isobug: 11:41am On Apr 18, 2021 |
Microwhy:Oga talk what you know. See how you're dishing wrong information confidently |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by michoim(m): 11:45am On Apr 18, 2021 |
I knew Obaseki was just lieing out of his empty brain that cannot comprehend details. That is why Oshiomole once said that he doesn't possess a university degree 1 Like 1 Share |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Alayiwola: 11:46am On Apr 18, 2021 |
Well,If you like come here and be supporting bad government and policy. at the end .if you don't have a foreign University Certificate , any Qualification .or Visa And if you don't have money(dollars).You will face it when it's hot you will soon see the effect of all this "Printing currency" You are technically devaluing what is fragile Naira. comparing yourself with USA,UK,GHANA.S.Africa. is too funny whats the Inflation rate of this countries Whats the Interest Rate whats the unemployment Rate and what area are they helping with "Printed Money". Whats there Debt rating? Instead of tackling Insecurity.they are Pampering Fulani.everybody will face it. Somalia And Zimbabwe will be better |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Quelme: 11:47am On Apr 18, 2021 |
festacman:he is even owing the state University workers over 5 months salary. They have been on strike for close to two months now. 1 Like |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Quelme: 11:51am On Apr 18, 2021 |
Prechgold1180:wake and see indeed! Hope you are aware that the state University workers are on an indefinite strike. Over 5 months, no salary..... |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 11:56am On Apr 18, 2021 |
Jerryherd:Jerryherdsman has a very high IQ just like Buhari. $1 will soon become 1000 Naira because of their ironically high IQ |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 11:58am On Apr 18, 2021 |
Drsnives:it’s not by weeping. Do something. Don’t vote based on ethnic and tribal sentiment. Vote a clued-in person. Tell everyone you know why they should not vote any drug baron, any ex-governor that left his state worse than he met it, any politician that has ever been named in an international corruption charge of a company. That way you are doing your bit. 1 Like |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by AroleOduduwa2: 11:59am On Apr 18, 2021 |
A lot of sai baba won’t see anything wrong with what the CBN did because APC can never do anything wrong. What CBN did is plain fraud. The money they printed has to match the resources and amount of revenue the nation generates, but ours doesn’t. The UK and other country sell their bonds before injecting cash into the economy for those zomb.ies saying the UK also do the same |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by nedu666: 12:00pm On Apr 18, 2021 |
The only reason they are denying it is because foreign bond holders and foreign creditors are now going to shine there eyes on nigeria |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Latvin: 12:01pm On Apr 18, 2021 |
Both parties have learnt. PDP admitted that in general what FG did through the CBN was useful in paying salaries, backlog of monies owed to states that carried out federal projects and the refund of paris club deductions. Why Gov Obaseki should then say the things he said in the way he said them beats my imagination. Rather than help, it has created more problems. As a member of NEC, he could have offered his advice directly at those meetings or talk to the CBN Governor in private as fellow bankers. Both parties should move ahead in the interest of the masses. 2 Likes 1 Share |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Isobug: 12:02pm On Apr 18, 2021 |
festacman:Ogaoo...we know you know what you're saying but remember when there's no commensurate increase in Economic activity printing money can be very bad to the economy. Remember the inflation level is hitherto on 18.2% and printing money when there's even a dwindling economic activity will only result in increasing the inflation level. Obaseki was not talking of Quantitative easing, he was talking of Money printing. Don't be over partisan 3 Likes |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 12:10pm On Apr 18, 2021 |
MansoryMX:E no go better for islamic Terrorists 1 Like |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by calcal: 12:13pm On Apr 18, 2021 |
fraudulent people running a country! The educated illiterates, just the so-called education in Nigeria. The whole world knows whenever the USA is printing money, why are we hiding our own? 1 Like |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by HRMK: 12:14pm On Apr 18, 2021 |
this is the point:am sure other pdp govs knew abt it.why were they all silent till obaseki revealed all?obviously,he wanted extra money to be printed for the edo sports hence the blackmail! 1 Like 1 Share |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by omonnakoda: 12:15pm On Apr 18, 2021 |
Jerryherd:Actually most Apex banks do NOT GIVE OUT fiat money What do you mean by "give out"? "PRINTING" is a red herring and an irrelevant distraction. It makes no difference whether fiat money is issued by printing BANKNOTES or issued digitally Very soon banknotes will be a thing of the past Fixating on whether banknotes were printed is dishonest The total money in circulation is more than 8 times the "printed" banknotes By the way if the CBN issues a single cheque for 1 billion Naira That CHEQUE is MONEY and technically THAT is PRINTING money. A bank note is merely an obligation or liability of the CBN and so "printed" money can take any form To talk of "printing real money" reflects a misunderstanding of what money , CBN issued money is Which money is not real? Printed money may be for public or institutional use. i.e not all printed money is legal tender Treasury bills e.g. ARE MONEY but not legal tender As such for purposes such as Obaseki was describing Printing could take the form of large denomination CBN cheques that are FIAT MONEY I do not know if what Obaseki said is true or false. I am neutral To say he has low IQ seems sentimental What is the basis for that? Now government can borrow from the Central Bank. If government cannot afford to pay the CBN interest rates and is getting money at zero cost then government is insolvent and that is a very serious position indeed |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Advocate500: 12:16pm On Apr 18, 2021 |
festacman:this gibberish makes no sense pls. |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Advocate500: 12:18pm On Apr 18, 2021 |
RichDad1:do you need to print more money to improve the economy? |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Odidigboigbo(m): 12:29pm On Apr 18, 2021 |
RichDad1:The money given to them was their entitlement as stipulated by the constitution, FG is not doing them any favour. You can liken it to someone that stoles money to pay his debt. |
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by nkwoemeka(m): 12:29pm On Apr 18, 2021 |
Are we now emulating Idi Amin of Ugandan style, soon the currency may turn to shit money let those at the helm be mindful of the consequences of their actions and in Acton |
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