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Nairaland Forum / Nairaland / General / Politics / Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira (29445 Views)
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Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by dre11(m): 11:37am On Feb 03 |
• Hold brainstorming session in Abuja • CBN stops daily cash reserve debits for banks; adopts new framework • Naira sustains rally after apex bank’s intervention • FG raises exchange rate for cargo clearance to N1,356/$ The Federal Ministry of Finance and the Central Bank of Nigeria (CBN) are working on fresh initiatives to rescue the naira, according to hints yesterday. https://thenationonlineng.net/edun-cardoso-efcc-chair-in-fresh-bid-to-rescue-naira/ 13 Likes 4 Shares
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Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by festacman(m): 11:40am On Feb 03 |
Managing the economy is more than fiscal and monetary manipulations. The key thing is productive economic activities. - President Tinubu, please come back home sir. Nigeria needs a new economic foundation. - Convoke a something like 'National Economic Conference' to develop a nationwide roadmap that will tap the economic potentials of geopolitical zones - Set up a versatile economic think-tank and keep an open mind to their ideas. Look beyond Wale Edun and work with some crazy young minds to create out-of-box ideas for policies and programs. - Develop short and long-term Economic and Development Plans and actively Implement it. - Be positively strong-willed and don't sacrifice crucial things that MUST be done today for tomorrow's 2nd term. Nigerians will always appreciate positive results. - Stimulate production in different aspects of the economy through incentives, make vital reforms of laws and processes, enthrone intentional concessions, etc. - Move focus and relocate effort from attracting FDIs to encourage local industries, SMEs and entrepreneurs. - Create more employments, boost local food production develop creative export drive strategies to earn forex. 72 Likes 6 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by NzogbuNzogbu: 11:42am On Feb 03 |
From nationsnewspaper Na propaganda una go take deliver this country? All we have been hearing is "To" "Will" "Shall" "Future" when una go say Done, Finish, Working na wetin una talk for campaign be dis? 101 Likes 14 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by Penguin2: 11:42am On Feb 03 |
Nothing the fools do will ever work because they are holding a cursed mandate. If una like, go and hire the entire staff of JP Morgan, nothing will change. Shebi Tinubu thought he could frustrate Jonathan’s govt? Una go see frustration tire. Ndi ala! 101 Likes 17 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by MrProlific95: 11:42am On Feb 03 |
Tinubu talk plenty, but time to do reach he don dey give excuses 41 Likes 6 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by HeeBraHim2(m): 11:43am On Feb 03 |
This happen when you have competent people in the public position. Immediately I heard that Naira is on the rise. I knew the news won't last longer because Tinubu appointee will tackle an. Una dey see am now. 34 Likes 1 Share |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by NzogbuNzogbu: 11:48am On Feb 03 |
MrProlific95:its the hallmark of failure Someone that is working yet have a plan will not complain or blame Someone that is clueless would blame God, ask for prayers, blame predecessors, blame the people join 29 Likes 2 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by Franklyspeakin: 11:48am On Feb 03 |
They should improve the economy. Create more job and export products. No quick fix will solve this 21 Likes 2 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by Hhansome(m): 11:55am On Feb 03 |
This administration will favor me and my family. 7 Likes |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by gaby(m): 12:06pm On Feb 03 |
Brainless people brainstorming. The irony is amusing. Round these three dundees up and search their pockets while they "storm" their empty brains and you'll find some crispy Dollar or Pound sterling notes on them. They still refuse to face reality and kiss the truth that the country's funeral arrangement is what is currently taking place. Crude oil which used to be the country's major source of forex is currently no longer Nigeria's for the foreseeable future as it has been collateralized into the future against loans. The creditors will keep lifting the crude for their country's use. One of the reasons Dangote had to source for his supply. See their clueless faces.. Nigeria is multi-ethnic, yet, see the names of the people "brain-deading" to save it. How does this even make any sense to them? Bring the policy on, and I as a different ethnic nationality and within the corridors of power will sabotage and ensure it doesn't see the light of day, no matter how lofty and nationalistic the plans are. This is the true story of Nigeria. Baba hit ground, ground collapse na so him take off say "una fada". 34 Likes 7 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by swaggerjack: 12:07pm On Feb 03 |
The Alpha Beta mafia members that handed 10% of Lagos tax revenue to the former Chicago godfather. 23 Likes 3 Shares
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Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by FreeStuffsNG: 12:11pm On Feb 03 |
dre11:Insightful. Thank you for sharing OP. In the next couple of weeks, I believe that the current strategy will bring great positive results. God bless Nigeria for ever!Check my signature for free stuffs! 36 Likes 1 Share |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by PressMyButton: 12:20pm On Feb 03 |
Brainstorming to block the loopholes that agents of corruption and retrogression use to shortchange the system. In a country where banks were holding up $50billion in excesses for speculative purposes. A country with large deposits of Uranium yet the citizens take dollars to import phone and car batteries from the Chinese who come here to mine away our uranium. In a country where we have leather in abundance yet the people import shoes, a country blessed with textile but her people waste dollars importing fake fabrics. A country with crude at its backyard yet import fuel with subsidy. So much importation of junks and fake products with scarce resources while the local industries are left to rot. A country on self destruct peopled by the most greedy of human species. 48 Likes 4 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by jmoore(m): 12:20pm On Feb 03 |
Dem go rescue tire. The clowns just increased the cost of clearing cargo from the ports. Trust the current govt at your own peril. 25 Likes 4 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by tollyboy5(m): 12:27pm On Feb 03 |
Penguin2:The last paragraph 12 Likes 3 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by BigBlackPreek(m): 1:35pm On Feb 03 |
May God help the masses |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by ATEAMS: 1:38pm On Feb 03 |
Best wishes |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by Basicend: 1:38pm On Feb 03 |
Hmm. We are watching on 8K screen: During Tinubu's inauguration, witches all over the nation gathered and said they are the one installing him. It was not hidden. They flagged him as their product. So, are we all seeing the results gradually? 10 Likes 5 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by money121(m): 1:39pm On Feb 03 |
Lamba 1 Like |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by taiwotimitt: 1:39pm On Feb 03 |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by Think9ja(m): 1:39pm On Feb 03 |
On a norms this Cardozo dude no suppose be anything others than special adviser on psychological matters. He's no where near good enough to be CBN governor 16 Likes 4 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by Balkan(m): 1:39pm On Feb 03 |
• FG raises exchange rate for cargo clearance to N1,356/$There is a common misconception among people that only the Igbos are involved in importing goods into the country. This misconception might be fueling targeted policies that are intended to discourage or regulate the importation of goods into the country by Igbos. However, it is important to note that such policies may have unintended consequences, such as creating more billionaires of Igbo extraction who have the resources and expertise to navigate the complexities of the importation business. Ultimately, it is important to have policies that are fair and equitable to all citizens, regardless of their ethnic or regional affiliations. 6 Likes 1 Share |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by goshen26: 1:40pm On Feb 03 |
Ok |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by jonadaft: 1:40pm On Feb 03 |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by Nawa4nl: 1:40pm On Feb 03 |
It's time we face reality! Nigeria is not working. Let us in the Niger Delta go our way in peace. Let the West have their Oduduwa so Emilokan can be President for life. Let the North get their Boko Haram Republic. Set the Middle Belt free from the Religion of Peace. Let those the East plot its own course aligned with us 13 Likes 2 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by zoedew: 1:41pm On Feb 03 |
After now. What happens? We must deal with kakistocracy in our democracy. We must stop having the least suitable in power. Dictionary Definitions from Oxford Languages · Learn more kakistocracy /kakɪˈstɒkrəsi/ noun government by the least suitable or competent citizens of a state. "the danger is that this will reduce us to kakistocracy" a state or society governed by its least suitable or competent citizens. plural noun: kakistocracies "the modern regime is at once a plutocracy and a kakistocracy" 2 Likes 1 Share |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by fearlessfang: 1:41pm On Feb 03 |
No one can rescue the naira. You can have criminals running the country and expect anything good to happen. Nigeria defies all logic and common applicable policy. Nothing will work to save the naira 17 Likes 8 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by unclejb2(m): 1:42pm On Feb 03 |
Efforts in futility. You can't plant corn and expect to reap yam. Baba druggie stole the people's mandate and the country is bearing the repercussions 9 Likes 3 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by drlaykay(m): 1:42pm On Feb 03 |
The problem of the black man is selfishness. Nigerians think of themselves first and care less about the collective state of the nation. The president is the least problem of Nigeria. Nigerians are bad and wicked. A lot of shady dealings by private sectors, high placed individuals and even ordinary people without name. A reasearch revealed that Nigerian paracetamol is only about 200mg instead of 500mg. The rest is chalk. Nigerians pay China and others to produce substandard goods including drugs for their fellow Nigerians. Oyinbos are wicked but will never do things at the detriment of their country or people. Part of the demonic attitude of Nigerians is being happy and praying for the country to fail because your preferred candidate isn't in power. You deserve what you get for being wicked people. 12 Likes 6 Shares |
Re: Edun, Cardoso, Olukoyede In Fresh Bid To Rescue Naira by pocom16: 1:42pm On Feb 03 |
Lol.. There is nothing that can be done..I would have suggested that he reversed the policy of floating the naira...but it's obvious that won't work ..and even the naira isn't floating as the CBN still manipulate it ..same with speculators.. https://www.youtube.com/watch?v=nrLqIEaKdLE 1 Like |
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