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Nairaland Forum / Nairaland / General / Business / Buhari, Emefiele, And Cabal Plot To Seize CBN (22829 Views)
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Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by obyno82: 10:16am On Jan 09, 2023 |
babaijebue: you had to crown this beautiful post with this nonsense |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Oluwaseunomo: 10:19am On Jan 09, 2023 |
ishowdotgmail:He's still a part of it don't get it twisted |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by selfmade22: 10:19am On Jan 09, 2023 |
Are these cabals unknown? They no get name? 1 Like |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Penguin2: 10:21am On Jan 09, 2023 |
ishowdotgmail: So, if you were asked to advise the youth on what to do as the 2023 elections approaches, what advice would you give them? |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Nobody: 10:26am On Jan 09, 2023 |
Buhari shot himself on the foot by retaining Emefiela and his presence as CBN governor is not unconnected to the useless value of naira. |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Kaa4(m): 10:30am On Jan 09, 2023 |
He didn't plot a military coup, but was invited to lead the government. Go read up very well. He is the most deficient and incapacitated president Nigeria has ever had the misfortune to have. When Obaseki cried foul about the CBN printing money and sharing some Nigerians called him out. Either way Emefiele can not go unscathed, he will go to prison if the Ways and Means money is not properly legalized by the time a new government comes in. Their promise of him coming to Aso Rock failed he wants now to correct things!!! Just like Buhari, he is a total failure to the system. beardedboy: 2 Likes 1 Share |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by AderonkeOlaniyi(f): 10:30am On Jan 09, 2023 |
Wickedfact: WHO IS THIS RAT EXHIBITING RAW IGNORANCE ON THIS FORUM LIKE THIS? |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by HitRun(m): 10:35am On Jan 09, 2023 |
Antoeni: This is the naïve nonsense Obidients keep spewing up and down. Obi will come and pick youths from twitter and Nairaland to serve in the thousands of statutory MDA positions he needs to fill up abi? De play. |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by osato45: 10:43am On Jan 09, 2023 |
austinvsb:I am suspecting something and it was confirmed when the cbn issued a directive that the new notes should only be dispensed via atm and not over the counter. Guess why? Our banks may have been compromised by these so called looters of our common wealth, one call by these fellows to branch managers of banks would mean that the new currencies meant for everyone would be given to theses so called looters at the places of residence. Are you not shocked that till now the new currencies are in limited supply, which is what the banks are complaining of |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by zoraro(m): 10:50am On Jan 09, 2023 |
Frosheer:you no go school |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by DLuciano: 11:01am On Jan 09, 2023 |
babaijebue:In the name of Jesus get sense! |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Superwave16320: 11:01am On Jan 09, 2023 |
Sebi all those Rinu Aisha Yusuf Okupe are not working with the Pandora kleptomaniac criminal Peter Obi Antoeni:
|
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by BluntTheApostle(m): 11:21am On Jan 09, 2023 |
Antoeni: Continue deceiving yourself. Hope you know there were people in LP who stepped down for Obi. You think they relinquished their rights to Obi on a platter of gold? Any politician who wins the election will have to settle some people who either stepped down for them or who supported them one way or the other. LP has not even won the election, we have already had so many infightings. 2 Likes 1 Share |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by BluntTheApostle(m): 11:27am On Jan 09, 2023 |
HitRun: They are too gullible. Too naive politically. |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by BreconHills(m): 11:30am On Jan 09, 2023 |
nlfpmod: I was reading this until I got to where Mr Sobowale talked about Soludo hastily constructed banking consolidation crashing. Haba. Because Nigerians don't read they are apt to believe anything written against those they hate. Usually Buhari who wasn't even on the scene then. As a former trainer to stockbrokers and asset managers I can say authoritatively that the 2008 actually 2009 crisis marked an inflection point in Nigerias economy where it connected with the global economy at the hip and has remained connected ever since. 1. The shares outstanding in the capital markets increased exponentially after the consolidation but the number of investors remained narrow leading to a collapse in share value when those shares were dumped after qualifying as assets. 2. The poor monitoring of listed companies by both SEC and the NSE allowed listed companies to do " pump and dump" strategies on an ill informed public. 3. The sub prime crisis that flowed from the US into the world economy bought Dubai within days of economic collapse provided an outlet for Nigerian funds from pump and dump to fly to Dubai where as in southern USA Nigerians almost solely saved the property market through massive investments of illicit cash into the very cheap and undervalued property market. 4. The crisis was not caused by consolidation which actually allowed sensible well run banks to take over some of the risk loans being excessively priced by international banks as well as to spread within Africa to create continental banks that helped trade financing gor Nigerians doing business or having children in African educational institutions. 5. The crisis was caused by failure of three regulators and one self regulatory organisation. These were, the CBN, SEC and the NSE and the Institute of stockbrokers themselves. The chummy relationship between these parties and the people they were supposed to regulate led to loss padding and asset bloating. Also at fault were the big accounting firms that signed off on audits they had no business even taking up. 6. Now back to Buhari. Buhari is the Mr Nobody that everyone loves to blame because it makes yhem feel superior. Truth is Buhari inherited a train wreck of an economy and the only options were to devalue/float the Naira which would have had untold consequences on the poorest of the poor. Instead he borrowed against infrastructure in the hope that it would stimulate growth. This was unlikely on the short term and the wotld bank and IMF advisors that pushed this failed to take into account the weakness of Nigerian supervisory institutions and the rapacity of those who headed them. There was also severe hostility frkm the west ( which reflects in their desire for an importer president - take note, Nigeria is about to be sold as a dumping ground for western goods). Foreign powers were also incensed by Chinas role in infrastructure even when they had no skin in the game. One day those assets will support growth but not now. 7. What Buhari achieved ( maybe without intending it) is that he democratised the suffering of the ordinary Nigerian by bringing the wealthy to suffer alongside. Their real assets values plunged, inflation consumed their investments and the stock market provided no succour. The benefit was that the economy became more nimble and intelligent as witnessed by the large number of successful externally funded start ups. A foundation has been laid for " no easy money" and "hard choices". Nigerias malaise is more complex than it appears. Simplistic blame one man discussions are over simplistic and down right wrong. Lets get Nigeria thinking again. 4 Likes |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by HNICEARTH: 11:33am On Jan 09, 2023 |
Emefiele fighting back! |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by blaqoracle: 11:36am On Jan 09, 2023 |
beardedboy:intelligence on display. |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Reyhzor(m): 11:40am On Jan 09, 2023 |
Terror48: Naso nah Tribal bigots , he knows Buhari is incompetent both Local and International, still he dey support calamity. Who Buhari know apart from Nigeria?? That's why he chased all foreign investors out using stoopid policies, now we're in deep mess economically 1 Like |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Rehimusals: 12:02pm On Jan 09, 2023 |
Emefiele is really fighting hard |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by EgusiShankly: 12:27pm On Jan 09, 2023 |
beardedboy:An excellent intelligence Chief but not so good an administrator |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Abemy(m): 12:46pm On Jan 09, 2023 |
Emiefile himself is a cabal, only that his interest is now considered to be parallel to the other of his comrades. |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by michoim(m): 2:52pm On Jan 09, 2023 |
Trash talk. Emefiele himself is one the greatest undoing of this woeful economy. He is utterly wasteful ... |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by AngelicBeing: 6:01pm On Jan 09, 2023 |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by kcbaba007: 6:06pm On Jan 09, 2023 |
babaijebue:May faya destroy his coming.... May we never experience another APC in Nigeria again. Amen |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by Bebigiby: 6:17pm On Jan 09, 2023 |
The CBN cashless policy is bad. See my recent post on why CBN eNaira and cashless policy is evil here https://www.nairaland.com/7513315/why-cbn-enaira-cashless-policy |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by DAVE5(m): 8:26am On Jan 10, 2023 |
ishowdotgmail: I tell myself something quite often, God no really send us |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by cucumbar: 2:18pm On Jan 10, 2023 |
BreconHills:rubbish… I’m sure you were one of those people that cursed Goodluck Jonathan. The bill stops on his table. |
Re: Buhari, Emefiele, And Cabal Plot To Seize CBN by BreconHills(m): 2:38pm On Jan 10, 2023 |
cucumbar: I wrote out several points. Which of them do you disagree with? Let me know and let's come to the table with our numbers. |
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