Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,173,813 members, 7,889,668 topics. Date: Sunday, 14 July 2024 at 05:41 PM

Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back (22920 Views)

Obaseki: PDP Does Not Belong To Wike / Photos From Buhari’s Meeting With PDP Governors In Aso Rock / Dino Melaye Joins Atiku & PDP Governors At PDP Meeting In Abuja (Pics) (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Sammerboi: 12:34pm On Apr 18, 2021
Kudos to Obaseki for wakening Nigerians up, which these Buhari led APC are trying to defend like their entire existence depends on it. APC was formed to destroy this country but unfortunately some Nigerians still believe them to fix this nation.

1 Like

Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by limeta(f): 12:34pm On Apr 18, 2021
The Forum, in a statement signed by its Chairman, Governor Abubakar Atiku Bagudu of Kebbi State







Look who.s talking
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by omonnakoda: 12:34pm On Apr 18, 2021
nkwoemeka:
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
That stuff about Idi Amin we know from a movie made by White folk at a time when Idi Amin had no right of reply.
Do not believe everything you read or watch.
Did Idi Amin actually do those things portrayed
Most Nigerians have never really asked themselves that question
Anyway our money is already shit money and needs re-digitization

1 Like 1 Share

Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Drsnives(m): 12:37pm On Apr 18, 2021
AdaNri1:
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.
You are correct my dear..things have really changed this few years
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by luvinhubby(m): 12:39pm On Apr 18, 2021
SLAP44:
Who really paid APC to destroy Nigeria?

I doubt if this contraption will survive APC misrule.
They are AlQeeada People's Congress (APC)

2 Likes

Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 12:40pm On Apr 18, 2021
The Forum, in a statement signed by its Chairman, Governor Abubakar Atiku Bagudu of Kebbi State, said at first, the impression it got was that it was an off the cuff remark made in a private meeting, but “we were however shocked to see yet another response from our colleague to the rebuttal by the HM Finance insisting that the March 2021 FAAC was augmented via the printing of money.


The PGF states: “Given the significance of the statement from a sitting governor and the possible negative impact it has brought to the credibility of both the federal and State government in managing government finances, the Forum is obliged to put a statement out.



The above lines is where the truth lies
A good judge will discern the truth just by focusing on the above.
Many Logic here shows you that APC are criminals.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by festacman(m): 12:41pm On Apr 18, 2021
Advocate500:
this gibberish makes no sense pls.

"this gibberish makes no sense pls" probably because it is a bit more than what your brain can process. Sorry about that.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by thugmansion(m): 12:42pm On Apr 18, 2021
Use pigin English talk bro..... grin
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by orisa37: 12:51pm On Apr 18, 2021
PDP SHOULD ENSURE THROUGH THEIR GOVERNORS AND LEGISLATORS THAT NO RESTRUCTURING NO 2023.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by orisa37: 12:53pm On Apr 18, 2021
PDP SHOULD ENSURE THROUGH THEIR GOVERNORS AND LEGISLATORS THAT NO RESTRUCTURING NO 2023.

THE ONLY WAY YOU CAN DISCIPLINE THIS APC IRRESPONSIBLE GOVERNMENT.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by funkekemi(f): 12:53pm On Apr 18, 2021
Mynd44:
Now that Obaseki has jam talk, the CBN has decided to call back the loans it borrowed states in form of bailouts.

why did you hate the truth ?
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 12:57pm On Apr 18, 2021
RichDad1:
Hypocritical loud mouthed Obaseki and his fellow PDPipgs are just being silly.
Why can’t they rejected the money when it was being disbursed to them ?
Someone gave you money, you said it’s stolen and you never returned it. undecided undecided
Silly statement when states are not allowed to manage the resources in their states. States should be allowed to manage their resources including oil and gas. The states should pay tax to the federal from their revenue instead. It's obvious you don't know anything about Nigeria's constitution.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by buckeyemedia: 1:01pm On Apr 18, 2021
Baawahala:
The Forum, in a statement signed by its Chairman, Governor Abubakar Atiku Bagudu of Kebbi State, said at first, the impression it got was that it was an off the cuff remark made in a private meeting, but “we were however shocked to see yet another response from our colleague to the rebuttal by the HM Finance insisting that the March 2021 FAAC was augmented via the printing of money.


The PGF states: “Given the significance of the statement from a sitting governor and the possible negative impact it has brought to the credibility of both the federal and State government in managing government finances, the Forum is obliged to put a statement out.



The above lines is where the truth lies
A good judge will discern the truth just by focusing on the above.
Many Logic here shows you that APC are criminals
Is Saraki a APC or PDP, is Atiku APC or PDP, is is Obaseki APC or PDP?
https://www.nairaland.com/6512023/hundreds-apc-supporters-dump-party
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Lordave: 1:07pm On Apr 18, 2021
RichDad1:
Hypocritical loud mouthed Obaseki and his fellow PDPipgs are just being silly.
Why can’t they rejected the money when it was being disbursed to them ?
Someone gave you money, you said it’s stolen and you never returned it. undecided undecided
Richdad indeed!

You don’t need money, you need sense.

1 Like

Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Temileyi79: 1:07pm On Apr 18, 2021
Shaii, may God save us from all this APC idiots
Obaseki convict CBN of printing almost ₦60 billion, minister for finance said Obaseki is not in the right frame of mind. Afterwards CBN governor confirmed that the money was actually made available electronically to assist the government, now my question is who are they all fooling
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Xclusivedaniel6(m): 1:10pm On Apr 18, 2021
Mynd44:
Now that Obaseki has jam talk, the CBN has decided to call back the loans it borrowed states in form of bailouts.


so saying the truth Is Jam talk to you
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 1:12pm On Apr 18, 2021
buckeyemedia:
Is Saraki a APC or PDP, is Atiku APC or PDP, is is Obaseki APC or PDP?
https://www.nairaland.com/6512023/hundreds-apc-supporters-dump-party
This is a case between two parties.
I am streamlining it to the submissions made on this issue,notwithstanding that all one and the same.
I am being particular on this issue,as a judge will do.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Kindledlight(m): 1:14pm On Apr 18, 2021
It is very simple, there should be stoppage to printing of money to augment any fvcking FAAC and there should not be any bail out fund again.

Because at the end of the the day these PDP governors benefits more from these FAAC e.g Rivers, Bayelsa e.t.c with little or nothing to show for it.

You can’t give what you don’t have, crude oil is not selling like before again so according to this ingrate man, there should be diversification in making more revenue.

Btw As a governor some things are not meant to be said in public even if you are pained about some certain situations.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Kindledlight(m): 1:17pm On Apr 18, 2021
Xclusivedaniel6:


so saying the truth Is Jam talk to you


Ogbeni the man Jam talk, Buhari is doing his best to fund them and still complaining with the manner he is helping with nothing to show for it.

Though there is an element of truth in what he said but why can’t he go and sort it out in ECONOMIC COUNCIL which as a governor he is a member.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 1:19pm On Apr 18, 2021
Latvin:
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.

Well said, just my line of thought.. my state governor should have wisely discussed this privately as member of NEC, not publicly

Our Leaders shld know the implication of "carelessly" making public statements. This could lose investors confidence and dent the markets.

Another important thing 'ignorant' people won't even know if he actually meant printing of money notes OR an economic term. They just read and run with the caption... Lol grin
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by BigYash: 1:20pm On Apr 18, 2021
SLAP44:
Who really paid APC to destroy Nigeria?

I doubt if this contraption will survive APC misrule.
Mumu people who calls themselves Zombies did o. Very stupid and senseless set of people that will never learn
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Xclusivedaniel6(m): 1:23pm On Apr 18, 2021
Kindledlight:



Ogbeni the man Jam talk, Buhari is doing his best to fund them and still complaining with the manner he is helping with nothing to show for it.

Though there is an element of truth in what he said but why can’t he go and sort it out in ECONOMIC COUNCIL which as a governor he is a member.


broooooooooooo, why you go mention Buhari
you don fuckup
anything that had Buhari in it doesnt intrest me
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 1:28pm On Apr 18, 2021
Amotolongbo:
You become the enemy of the nation when you start saying the truth
Nigeria is not a nation.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by villagejournal: 1:45pm On Apr 18, 2021
Nigeria is backward because of educated illiterate like you who always want money irrespective of how it comes,do you know the implication of printing currency without a corresponding service to back the Value?before this administrator Naira was 1.65 to CFA but today Naira is 1.1 to CFA all because of dubious printing and poor management of the economy that lead to hyper inflation we are now

Gov. Godwin Obaseki was just being MISCHIEVOUS BUSYBODY in saying what he said. He was given the printed money, he collected. If he is so patriotic, why didn't he reject the money? By the way, it is not the sole responsibility of FG to improve the economy. What are the 36 governors doing to improve economy? What has Obaseki done to improve Edo State economy since becoming governor?

Gov. Obaseki frittered billions of Naira he should have used to improve Edo State economy to improve the pockets of few members of PDP hierarchy to buy PDP ticket. He should just focus on using his FAAC allocation judiciously for Edo people and allow CBN do its work.
[/quote]
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by PAWG(m): 1:50pm On Apr 18, 2021
sukieboy:
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.


I wanted to comment on your post but as I saw your profile pic, no need

1 Like

Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Nobody: 1:50pm On Apr 18, 2021
festacman:
A lot of critical steps are daily taken by CBN to help Federal and State governments manage the economy through creative monetary policies. That's it's job as it is with it's peers all over the world. CREATION of money by Central Bank, Federal Reserve or National Bank is a global practice which many developed and developing countries have adopted at critical times.

Gov. Godwin Obaseki was just being MISCHIEVOUS BUSYBODY in saying what he said. He was given the printed money, he collected. If he is so patriotic, why didn't he reject the money? By the way, it is not the sole responsibility of FG to improve the economy. What are the 36 governors doing to improve economy? What has Obaseki done to improve Edo State economy since becoming governor?

Gov. Obaseki frittered billions of Naira he should have used to improve Edo State economy to improve the pockets of few members of PDP hierarchy to buy PDP ticket. He should just focus on using his FAAC allocation judiciously for Edo people and allow CBN do its work.
Oh so u have agreed he's the governor now. Clap for yourself.

1 Like

Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by alnino94(m): 1:51pm On Apr 18, 2021
am I the only one that minted #1000 notes are much in circulation rn
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by PAWG(m): 1:54pm On Apr 18, 2021
Alayiwola:
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



Is there an economy in the world that the immobility caused by COVID-19 didn’t affect? Sometimes criticism isn’t the best course of action
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by PAWG(m): 1:57pm On Apr 18, 2021
AdaNri1:
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.


This drug baron tag you’re peddling, how come about it? Does the former governor sell or use drugs?
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Kindledlight(m): 1:58pm On Apr 18, 2021
festacman:
A lot of critical steps are daily taken by CBN to help Federal and State governments manage the economy through creative monetary policies. That's it's job as it is with it's peers all over the world. CREATION of money by Central Bank, Federal Reserve or National Bank is a global practice which many developed and developing countries have adopted at critical times.

Gov. Godwin Obaseki was just being MISCHIEVOUS BUSYBODY in saying what he said. He was given the printed money, he collected. If he is so patriotic, why didn't he reject the money? By the way, it is not the sole responsibility of FG to improve the economy. What are the 36 governors doing to improve economy? What has Obaseki done to improve Edo State economy since becoming governor?

Gov. Obaseki frittered billions of Naira he should have used to improve Edo State economy to improve the pockets of few members of PDP hierarchy to buy PDP ticket. He should just focus on using his FAAC allocation judiciously for Edo people and allow CBN do its work.

Don’t mind that clown and his ilks on Nairaland.
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by PAWG(m): 2:00pm On Apr 18, 2021
Isobug:

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

So where’s this money that was printed cos I’ve not seen any new bank notes
Re: Currency Printing: APC Governors Knock Obaseki, PDP Governors Fire Back by Kindledlight(m): 2:05pm On Apr 18, 2021
Xclusivedaniel6:



broooooooooooo, why you go mention Buhari
you don fuckup
anything that had Buhari in it doesnt intrest me

Let’s forget about the fact that we don’t like that old man but the truth is that he is over pampering those governors with funds at the detriment of Nigerian economy.

(1) (2) (3) (4) (Reply)

Forensic Experts Find Non-human Prints In A/ibom Governorship Ballot Papers / FIRS Secretly Recruits Over 200 Children Of APC Top Shots / Electricity Firms Push For 100% Tariff Hike Again!!!

(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. 51
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.