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Nairaland Forum / Nairaland / General / Politics / Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) (17175 Views)
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Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Jeje247: 8:02am On Mar 08 |
Asonaijaaso:Make just allow old testament punishment for 5 minutes in this country. The country go reset at once 1 Like |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by 11doubledee: 8:03am On Mar 08 |
AerialMapper:Quantity easing for Africa is almost impossible o. You want to finally destroy the country be that. You indirectly talking about super hyper inflation. Zimbabwe may still not recover in the next 50yrs for a single foolish act of Mugabe over 25yrs ago. Even Putin that is the Law in Russia had to backtrack. It's meant for very robust economies with very high level of independency. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Esthered: 8:06am On Mar 08 |
Salubata: The signature on the notes withdrawn on ATM terminals yesterday has Cardoso's signature. It's already in circulation. It has nothing to do with being a CBN staff. 1 Like |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Esthered: 8:07am On Mar 08 |
Tap0lane:Go to an ATM terminal disbursing mint and check who signed the note. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by nairamaniac: 8:11am On Mar 08 |
Asonaijaaso: Hahahaha. How much Toni Braxton fit chop? As in how much Emiefiele would Emiefiele need to pay her to go down there? |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Asonaijaaso: 8:13am On Mar 08 |
nairamaniac: She is the only one you saw, i guarantee you there are a lot more. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by RexTramadol1: 8:14am On Mar 08 |
Sheuns: Your knowledge of the subject matter is warped. Do you know how much of the currency is being destroyed daily? Except you expect scarcity like the days you had to pay 600 charges on 1k withdrawal. 4 Likes 1 Share |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by kenex4ever(m): 8:14am On Mar 08 |
When major news headlines carried the topic in 2020, deny u deny it NO. Now it has shown how clueless u and Buhari are, now you rushing to deny it. Only your blind followers will believe this blatant lie. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Excelll: 8:15am On Mar 08 |
Sheuns: |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by nairamaniac: 8:16am On Mar 08 |
Asonaijaaso: I agree with u joooooor😁 |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by blackgold2018(m): 8:28am On Mar 08 |
Tap0lane:are you serious with your question? Tribalistic fool. Only the poor carry tribe for head. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Eriokanmi: 8:30am On Mar 08 |
Sheuns:You're just wasting your time. We should just endure the lies and propaganda of tinubu while his term ends. Only his gullible supporters will fall for this as usual. How an old man like him lies over everything is appalling. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 8:33am On Mar 08 |
kenex4ever:You're simply a slowpoke, you can see that the news was 4years ago when he denied the fake news yet your brain cannot read and understand, tyical wailers. 3 Likes 2 Shares |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by ddippset(m): 8:37am On Mar 08 |
OALandAgents:Okay But it would be nice to see the body of that article to see if he's actually been quoted out of context like they always claim when they want to deny something. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by adrusa: 8:41am On Mar 08 |
Sheuns: You should stay out of this kind of discussion because you really don't know what it means to "print money". Paper currencies are printed regularly to replace destroyed ones. That is not the same thing as "printing money" as an economic manouvre. Google is your friend. 3 Likes 1 Share |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Keegan: 8:41am On Mar 08 |
Putindbutt: Most of them are blinded by hatred combine with hunger, they don't take their time to verify. 2 Likes 1 Share |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by kenex4ever(m): 8:44am On Mar 08 |
Putindbutt:See how you dey rush to reply as if you made a major discovery. Airhead, please f**koff my mention. Go drink ur ijebu garri with the small grnd nut wey remain |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by favor914: 8:44am On Mar 08 |
Beverlyjean:Why this long nonsense epistle for a reply of March 30, 2020? Bury that pipe fantasy, Gringory Obi will never be president of the Federal Republic of Nigeria. 3 Likes 1 Share |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by favor914: 8:45am On Mar 08 |
kenex4ever:March 30, 2020, typical Wailer as usual they see the truth, but will still deny it, to deceive their egos. 1 Like 1 Share |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Keegan: 8:48am On Mar 08 |
Putindbutt: Here's another link from Independent newspaper. https://independent.ng/i-never-called-for-printing-of-new-naira-notes-tinubu/ 1 Like 1 Share |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 8:51am On Mar 08 |
kenex4ever:Who doesn't know that headless mobs do not have a brain to think. You think you can come here and be talking nonsense, Obidense. 3 Likes 2 Shares |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by favor914: 8:54am On Mar 08 |
Putindbutt:Just like their deceitful Oga, Useless Hypocrite, the Apga Judas/Pdp runaway. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by favor914: 8:58am On Mar 08 |
Keegan:Cc:Kenex4ever, beverlyjean. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Mrhonesty: 9:01am On Mar 08 |
Why are Easterners so tribalised and you are accusing the Northerners of extreme religious bigotry. Emefiele doesn't deserve to live for jeopardizing the lives of over 200 million vulnerable people. Obi doesn't have anything in his head to lead Nigeria. quote author=Umueme post=128833052]Hehe The 9 points he highlighted for the government to embark on 3 years ago has all undergone progress in the opposite. He recommended reducing this and that, doing this and that but once he entered villa, he started going in the opposite direction. The blame is on Emefiele though, he trusted a Fulani man who BAT has bypassed to pon the blame of every single economic woe encountered in nigeria since 2015 on him #MyOpinion[/quote] |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by OctavianAC(m): 9:03am On Mar 08 |
Sheuns: That name of that money is a different name, that one is Oluyemi Michael Cardiac-arresto. |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Umueme: 9:04am On Mar 08 |
Mrhonesty: Lol So emefiele did all those blunders without Buhari being aware? Do you even understand what comes out of your mouth? |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by twinpapa(m): 9:08am On Mar 08 |
Guy, na true you talk. I just went inside my wardrobe to check the ₦1,500 I had kept for about 3 months and discovered the cardoso name and signature on it. Sincerely APC and all its members are propagandist. If you expect Tinubu to perform anything super in his governance, then you are disillusioned. APC is the most evil political party I've ever seen Sheuns:
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Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Paraman: 9:13am On Mar 08 |
Sheuns:Please stop disgracing yourself 2 Likes |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by kenex4ever(m): 9:18am On Mar 08 |
Putindbutt:Teach your agbado master how to use ur social media untelligence to turn around the problems he caused in Nigeria. Poor policies |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by GEEBITE: 9:20am On Mar 08 |
Point (vi) Says CBN should employ Quantitative Easing (QE). Then if he is refuting this claim obviously Tinubu doesn't know QE is euphemism for literally printing of money by a reserve Bank like CBN and that will be a big shame at his level Asonaijaaso: |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by RepoMan007: 9:22am On Mar 08 |
Sheuns:There is a difference between printing new notes to replace worn out notes and printing new money(electronically and physically) to have funds with which to pay salary and do projects. 1 Like |
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Asonaijaaso: 9:47am On Mar 08 |
GEEBITE: quantitative easing, typically involves the central bank purchasing long-term securities, such as government bonds , from the open market. By buying these securities, the central bank injects money into the financial system, increasing the money supply. This influx of liquidity aims to lower long-term interest rates, encourage borrowing and lending, stimulate investment and spending, and ultimately promote economic growth. Quantitative easing is often employed during times of economic downturns, such as recessions or periods of low inflation, to support the economy and prevent deflationary pressures. However, it also carries potential risks, including inflationary pressures and the possibility of creating asset bubbles in financial markets. QE has to be backed by asset or bonds, you cant just print raw cash from thin Air. |
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