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Central Bank Interventions Will Stabilise Naira – Pwc - Business (2) - Nairaland

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After $1bn Drop, Nigeria May Suffer Further Decline In FX Inflows – PWC / FG Mulls Redenomination Option To Stabilise Naira / $48b Forex Inflows, $45b Reserves Stabilise Naira (2) (3) (4)

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Re: Central Bank Interventions Will Stabilise Naira – Pwc by MetaMatrix: 7:50am On Jun 26, 2024
MetaMatrix:
DANGER!!!!!

WHY THE NORTH WILL NOT LOVE PRESIDENT BOLA AHMED TINUBU

*Power Equation Is Being Adjusted by President Tinubu*

I hope we are all already agreed on the screwed process where the Northerners took advantage of their being in power for a long period of time in the history of Nigeria. But going forward, things have begun to be adjusted for all of us to feel some sense of belonging in this same Nigeria.

For instance, the DSS has 37 state directors. Ot this number, 26 were northeners before President Tinubu came on board in May 2023. As at today, we now have 18 Northerners and 19 Southerners.
Tinubu reshuffled them very quietly. Now, in the South, we now have-
6 from South-east
5 from South-south
8 from South-west

DSS has 6 functioning directorates. Before President Tinubu came on board, all
the 6 directorates were headed by Northerners !!! He quietly reshuffled them, and now each geopolitical zone has a control over a directorate. Dr Peter Afunnaya, the brilliant mind I have opportuned to meet on several occasions now represents his zone, the Southeast as a Director.

Let us support President Tinubu, because he means well and he will balance the power equation for all of us to take pride of being Nigerians. If you are a Southerner working against President Tinubu, something must be wrong with your view and your thinking.

That is why I always get offended when Southerners will be abusing President Tinubu and even prefer a Northerner like Atiku ( who is the largest African estate investment owner in Dubai) to President Tinubu, or siding Obi to disparage the same Judiciary whom Obi had benefitted from as a former Governor.

What you must all know is Northerners love power and they will always put their people on top, all of them including Atiku, in their spirit of 'born to rule'.

The same Tinubu made a Christain southerner the Minister of FCT, the first and only Christain southerner in the history of Nigeria to occupy the post substantially (The Southerner that occupied the place before Hon Barr Nyesom Wike didn't have full portfolio, they were all junior ministers).

Before Tinubu came on board, Northerners occupied 28 out of the 37 state commands of the Nigeria Police.
They would post Southerners only as commisioners of police to places like the NPA, Airport, Railway, Police schools etc but not state commands !!!

Tinubu came and directed the amelioration of the lopsided postings.
Now out of the 37 state commands, the
Northerners now occupy 18 slots while the
Southerners now have19 !!!

Let us be praying for President Tinubu my people. He will balance the power equation that has been tilted against Southern Nigeria for decades. The success of Nigeria under President Tinubu is for us all as a Country.

Surely, he cannot be doing all these and the North will side with him. That is why they are doing everything to truncate his administration !!! All the problems President Tinubu is addressing now were caused by the former President Buhari !!

Not less than 18 of his (Buhari’s) ministers are quietly returning the money they stole from the last administration including Mohammed Bello (FCT Minister) Hadi Sirika (Aviation), Shehu Malami (former Attorney General and Minister of Justice), Hadjia Saudatu (former Minister of Humanitarian Affairs), Mallam Bello (the former Accountant General of the Federation) and the complete rogue of Buhari’s tenure, Mr Godwin Emefiele !!! These people were 'made' by the sheer nepotism and grand corruption that defined the Buhari regime.

The same regime produced a recharge card seller in 2015 who was so close to President Buhari that he became a multi-billionaire by 2023 and posted as a Director of a powerful government agency (the NIA) to London as the former administration was handing over to President Tinubu !!!

Definitely, all these will not go well with the Northerners !!! What I like President Tinubu for is that he will also not talk, like Buhari, but he is a workaholic and is sure of what he is doing !!
Even the hausas who'd been totally consumed, and never given ANY political consideration, abused, cheated and exploited to the brim ( of over 400 kings in the north, no single Hausa. This is what's empowering the miyetialla's evil genocide nationwide), can now contest power and get what's for them.

So, now that you know the reasons for their bad blood, don't join them to disparage President Tinubu. Rather pray for him to succeed so that all of us can raise up out heads as true Nigerians !!! Nigeria belongs to us all !!!
May God bless the Federal Republic of Nigeria 🇳🇬 WE MOVE !!!



Our eastern brother should note that this is a one in a thousands time opportunity. They rock the both and we all go back down the drain.
Forget it. Fulani will NEVER EVER allow Igbo presidency.
Let's have north rule by north and south rule by south.

1 Like

Re: Central Bank Interventions Will Stabilise Naira – Pwc by DaddyCoool(f): 7:50am On Jun 26, 2024
What exactly is "stabilized"?
Re: Central Bank Interventions Will Stabilise Naira – Pwc by bigdammyj: 7:50am On Jun 26, 2024
Noted.
Re: Central Bank Interventions Will Stabilise Naira – Pwc by idanone(m): 7:50am On Jun 26, 2024
Make onna continue with try and error policies.
Re: Central Bank Interventions Will Stabilise Naira – Pwc by IamANigerianMan: 7:50am On Jun 26, 2024
Olaide1295:
The Naira has been stable around 1500/$ for the past few months. Stability is all we’re asking.
You need brain surgery

1 Like

Re: Central Bank Interventions Will Stabilise Naira – Pwc by idanone(m): 7:53am On Jun 26, 2024
Paraman:
Tinubu administration is on the right path. Tinubu is leading Nigeria to the promise land
which of the promise land?
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Starpro87(m): 7:54am On Jun 26, 2024
I will rate Tinubu after 1 year, according to Soyinka.
Please guys, what and how was his rating last month because I have not been online for months?
Re: Central Bank Interventions Will Stabilise Naira – Pwc by bemeruca: 8:04am On Jun 26, 2024
just make GEJ the permanent president. we don't want new president again.

2 Likes

Re: Central Bank Interventions Will Stabilise Naira – Pwc by Calitoscassius(m): 8:06am On Jun 26, 2024
koladata:
Now I believe it when they say the naira will hit 3k, Looks like they are introducing it to us gradually, once we get used to 1,500, they take it to 2k then bring it back to 1,700. It will look like its just 200 naira added till we get to 3k
Very good observations. you makes so much sense.
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Paraman: 8:07am On Jun 26, 2024
NeckingNgulping:


You mean you don't know why you should be ashamed of yourself?
Tell me why you shouldn't be ashame of yourself

Pwc said the Central Bank Interventions Will Stabilise Naira... Why is an unknown person like you crying about Pwc projection?
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Calitoscassius(m): 8:08am On Jun 26, 2024
IamANigerianMan:

You need brain surgery
Now all they need is naira stability at 1500 grin

I thought that Tifnubu promised them 1dollar= 200 naira.
Re: Central Bank Interventions Will Stabilise Naira – Pwc by lionshare: 8:08am On Jun 26, 2024
mrvitalis:
This CBN? I doubt

Massive CBN soft loans to key manufacturing sector is the only thing that can save Nigeria

If I was president now

1) I would cancel the 15 trillion naira Lagos to calabar road and divert the money to the manufacturing sector

Pharmaceutical industry would get 2 trillion loan interest free for 3 years then 7% after payment after 6 years

Loan can only be used to build in infrastructure to manufacture what they import or expand what they locally produced

This would instantly create 200,000 jobs minimum and add 100 billion yearly revenue to the government minimum

Do same for chemical industry, and some other key industry

This is how u stablize an economy not by intervention or building infrastructure

pls where will get the 2 trillions naira interest-free loan to dash to pharma sector? I mean if you hand over that much you must be planning to give more to agric? But from where?
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Calitoscassius(m): 8:11am On Jun 26, 2024
Olaide1295:
The Naira has been stable around 1500/$ for the past few months. Stability is all we’re asking.
You and who are we?! grin now you want stability at 1500? I thought Tifnubu campaigned and promised 200/1$. grin
Re: Central Bank Interventions Will Stabilise Naira – Pwc by article1: 8:16am On Jun 26, 2024
We're still waiting for this naira stabilisation by CBN. Maybe before the end of their wasteful tenure
Re: Central Bank Interventions Will Stabilise Naira – Pwc by hmohammed(m): 8:18am On Jun 26, 2024
temmyyem:
So after stabilizing the naira, the people will cook and it abi?

The power that be have being supervising the killing of the farmers and those in the rural area since 2008, till this day, the killing has not stopped. Who cares if you stabilize the naira or not?

They have started shifting goal post. They are always sad at Nigerias progress
Re: Central Bank Interventions Will Stabilise Naira – Pwc by emonis88: 8:18am On Jun 26, 2024
CBN intervention il stabilize the naira but! What but? They r just playing to the gallery

Re: Central Bank Interventions Will Stabilise Naira – Pwc by SenecaTheYonger: 8:20am On Jun 26, 2024
Olaide1295:
The Naira has been stable around 1500/$ for the past few months. Stability is all we’re asking.

Stability is better than this crazy movement
Re: Central Bank Interventions Will Stabilise Naira – Pwc by mrvitalis(m): 8:21am On Jun 26, 2024
lionshare:
pls where will get the 2 trillions naira interest-free loan to dash to pharma sector? I mean if you hand over that much you must be planning to give more to agric? But from where?
I said the 15 trillion budgeted for the Lagos calabar road

More over tinubu has borrowed 41 trillion so for

Yes I have written my comprehensive plan here

For agriculture my plan is 5 trillion minimum

But conditions just be met

Form cooperative of at least 50 people and have access t 500 hectares owned or on a minimum of 10 year lease

5 must have 10 year experience on the crop u want to invest in
5 must be ready to join the police force volunteer group and be given gun to defend the farm

Loan is 50 million to 500 million interest free first 3 years, 7% for 3 years

1 Like

Re: Central Bank Interventions Will Stabilise Naira – Pwc by advanceDNA: 8:21am On Jun 26, 2024
BigDawsNet:
How many policies does it takes to stabilise Nigeria currency?

We don't want trial and error abage

PWC wey don collect bribe to give false hope..

.
After lawyers and judge na auditors sabi lie pass
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Niok: 8:22am On Jun 26, 2024
All I see here is may may may may
Obviously a thread created by a apshit urchin
Re: Central Bank Interventions Will Stabilise Naira – Pwc by davidtemi(m): 8:35am On Jun 26, 2024
Shey central bank dey watch from afar before
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Greenfaces: 8:37am On Jun 26, 2024
Hmm
Re: Central Bank Interventions Will Stabilise Naira – Pwc by RepoMan007: 8:37am On Jun 26, 2024
Useless stability. What is the point if it stabilizes at a high rate?
Re: Central Bank Interventions Will Stabilise Naira – Pwc by able20(m): 8:39am On Jun 26, 2024
Padipadi:
Times are hard. Everywhere.
TIME can not be hard everywhere.
The Clueless president of Nigeria who has no vision and idea of leadership made things hard.
If time is hard everywhere Nigerians would not use their life savings and inheritance to Japa to countries where time is not hard
Re: Central Bank Interventions Will Stabilise Naira – Pwc by NeckingNgulping(m): 8:44am On Jun 26, 2024
Paraman:
Tell me why you shouldn't be ashame of yourself

Pwc said the Central Bank Interventions Will Stabilise Naira... Why is an unknown person like you crying about Pwc projection?

Has any of the projections a propaganda machine like you has been posting here ever worked? Shameless man..

All you know is:

Pwc said
Central bank will
Tinubu shall
Sanwo olu is about to
Federal government is going to

How much are they paying you for all these evil ways of yours?
Re: Central Bank Interventions Will Stabilise Naira – Pwc by NeckingNgulping(m): 9:05am On Jun 26, 2024
Paraman:
Seun

Mynd44

Fergie001

NeckingNgulping has broken rule 2

Lol, you went and called your police to report me for what exactly?

So that the mod on your side will ban me like they always do?

You're such a coward..
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Olaide1295: 9:05am On Jun 26, 2024
Calitoscassius:
You and who are we?! grin now you want stability at 1500? I thought Tifnubu campaigned and promised 200/1$. grin
Lol, where in the manifesto did you see that?
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Kelklein(m): 9:17am On Jun 26, 2024
They have contracted PWC to do PR work for them... Have been seeing this kind of news for some days now.
Re: Central Bank Interventions Will Stabilise Naira – Pwc by Chetas81(m): 9:21am On Jun 26, 2024
SHITHOLE CITIZEN AND THE STYLE OF LEADERSHIP, BUILD UP MANUFACTURING COMPANY, FRAUD WON'T HELP YOU ACHIEVE ANYTHING IN THE NEXT 100 YEAR
Re: Central Bank Interventions Will Stabilise Naira – Pwc by femi4: 9:49am On Jun 26, 2024
DMerciful:
Stabilization is different from bringing down the exchange rate. If the exchange rate does not come to where APC started criticizing PDP govt then they've failed with regards to this
Even stabilisation is not possible. Market forces will always prevail
Re: Central Bank Interventions Will Stabilise Naira – Pwc by SmartyPants(m): 9:50am On Jun 26, 2024
mrvitalis:
This CBN? I doubt

Massive CBN soft loans to key manufacturing sector is the only thing that can save Nigeria

If I was president now

1) I would cancel the 15 trillion naira Lagos to calabar road and divert the money to the manufacturing sector

Pharmaceutical industry would get 2 trillion loan interest free for 3 years then 7% after payment after 6 years

Loan can only be used to build in infrastructure to manufacture what they import or expand what they locally produced

This would instantly create 200,000 jobs minimum and add 100 billion yearly revenue to the government minimum

Do same for chemical industry, and some other key industry

This is how u stablize an economy not by intervention or building infrastructure


You don't get it. What you described will strengthen the naira but only in the long term. Here we are talking about stabilization, meaning, to bring it to a resting state devoid of fluctuations.

What you described will actually create a short term currency crisis because manufacturing is heavily import-dependent especially in the beginning. Thus will cause so much more pressure on the naira. It's not the right time for such policies at all

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