lexy2014:


that isnt what I asked you

1. how is the hyperinflation and naira devaluation a consequence of emefiele printing the said 10trillion naira?

2. if you say emefiele failed at his job [b]under the supervision [/b]of buhari, why is buhari still a free man?

Bobloco:
This patch patch CV CBN governor is yet to convene a MPC meeting since coming onboard

Alliswell248:


U must be a dullard to refer to him as a patch patch Cv Cbn governor.....

Show me your LinkedIn profile before I continue.

Jobless e-warrior.

wizelink:
Mr. Do your work and stop blame game

Coronavirus: Print more naira notes, Tinubu tells FG
28th March 2020

All Progressives Congress leader, Bola Tinubu, has asked the Federal Government to print more naira notes in order to save the economy from collapse even as the Covid-19 pandemic continues to bite harder.

Tinubu said this in a statement he wrote in commemoration of his 68th birthday.

https://punchng.com/coronavirus-print-more-naira-notes-tinubu-tells-fg/?amp

FG, states using Tinubu’s economic policies, says Adeosun
29 March 2017

The Federal Government said yesterday that its economic recovery template was adopted from a former governor of Lagos State and national leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu.

The Minister of Finance, Kemi Adeosun, who spoke during the ninth annual Bola Tinubu Colloquium to mark his 65th birthday in Lagos, noted that the tax mobilisation formula and other policies the APC chieftain deployed as governor were what the Federal Government had adopted in its efforts to revamp the national economy.

https://guardian.ng/news/fg-states-using-tinubus-economic-policies-says-adeosun/amp/

SisterAnn:
Buhari will fix security while osunbande will fix economy. There's a reason why APC supporters are called zombies.

Bobloco:


It's over three months

Ok when is the right time to convene a MPC meeting

Moony45:
Emefiele don run Nigeria

AbuTwins:


You tell us the time!
Bring out the law that was broken!

There was supposed to be an MPC meeting in September 25 and 26 that was prosponed!

seguno2:


He can’t do his work and he won’t do his work. The blame game is the best way to make us forget that his own boss is responsible for our economic problems.

Godfullsam:


The answer is in my first paragraph. If you can't see it there, forget about it.

DomPerignon:



Hyperinflation occured because Emefile printed 10Trillion while artificially floating the naira by blocking access to it.

He also banned many import items .

The harsh realities is that the CBN under Emefile borrowed more to the Buhari govt far above the cap limit without even having the FX to back what he was borrowing the FG.


When you print too much money without backing it you end up with hyperinflation.


2. Buhari is not in anyway supposed to supervise the CBN governor

The only body that has an oversight function is the House committee on monetary affairs.

By the way, all those loans Buhari was taken upandan from Jewish banksters required that the CBN act by ammended so much so that the CBN is now practically owned by BlackRock.


You can not absolve Emefile from what we are currently facing because he was at the very centre of the Buhari bandit govt.

He not only appended CBN backing to their wreckless borrowing but also assisted them in laundering the money.

Emefile even abused his office and sold distressed banks to Buhari's cronies.

That Buhari nephew they call Tunde had over #2Trillion naira floating in multiple banks and bank accounts to which Emefile whose job is to notify the authorities on suspicious money flows went ahead to even advise same Tunde how to launder his loot.

What of instances where Emefile brazenly operated a FX window for Buhari cronies where they got FX at 1976 rates at $2 to a naira?

The journalist that broke this scandal was hounded and jailed by Emefile .

Have you forgotten how Garba Shehu was implicated in this FX scam that he got a highly subsidised rate to pay his children school fees abroad despite the CBN barring access to FX for study fees.

Emefile ochestrated the most opaque FX window that saw to cronies getting fx at highly discounted rates.

That man needs to be hung by his scrawny balls till his brain is deprived of oxygen.

omoyankee3:
That's why you were appointed; to rectify the situation.

Bobloco:
This patch patch CV CBN governor is yet to convene a MPC meeting since coming onboard

jrusky:


Another nonsense comment. Pls is what you said in alliance with the topic. If Emefiwerey is a Yoruba man or a Notherner and Cardoso is Igbo man and made this revelation will your response be that nonsense you vomited?

Cardoso haven't convey meeting, pls meeting for what and about what? All the meeting Emefiewerey conducted where is the result and to what usefulness? Conveying a f u c k i n g meeting then claim they spend N90bllion on meeting is that what you are saying?

You that have non-patch-patch CV why your state governor, your local government chairman, the senators and the Councillors in your state didn't see you and give you appointment with your heavenly made CV?

Bobloco:


Are you talking about laws

This government is a law breaker

maasoap:

And your elders are secured by murdering IPOB and don't feel hunger at all but you guys just turned Onion Bandits

Cmeo:
This is a smart strategic move, I swear.

Through this, Yemi Cardso has given them a job to be looking for investors that will help shore-up their capital instead of looking for people who they will help with dollar speculation (as most of their top icons do now). Yemi has turn them to "invest in my business" marketers now instead of the Emefiele's style "buy low, sell high" marketers. This will help our naira in the mid-term as they will be forced to approach their dollar speculators to help their capital thereby reducing the fund availability for dollar speculation. I pray it is implemented soon.

wizelink:
Mr. Do your work and stop blame game

MT:


So it is out of place to have an honest assessment of the current position of things in the CBN?

Bobloco:


Shame on you

Bobloco:
This patch patch CV CBN governor is yet to convene a MPC meeting since coming onboard

jrusky:


Shame on your generation.

wizelink:


So is it out of place to remind him of his duties as CBN governor and do his work and stop every form of blames? Nigerians need positive results that will trickle down to the poor of the poor.

edgecution:


Sht up. You know nothing about banking. You just hide behind keyboard and yarn rubbish.

AbuTwins:


Tell us what laws CBN broke now?

Bobloco:


The MPC is expected to meet bi-monthly, except otherwise, in the event of an emergency

Is the current economic realities not an emergency situation

Moony45:
Emefiele don run Nigeria

Moony45:
Emefiele don run Nigeria

Bobloco:


Honestly you are shameless for saying that a the CBN doesn't need to convey a MPC meeting