TonyeBarcanista:

Olisah Metuh, please keep off on APC internal matter. With due respect, the quoted(above) is inappropriate.

@APC/CCB: Please, don't relent in this fight to bring Saraki to justice

omophunky:
So this is what the citizens of this great country has been reduced to.

efilefun:


Jesus will never accept such prayer, Meanwhile everything you wish PMB, may you and your entire generations get same in multiple folds in JESUS NAME

kulikuli26:
The allegations seems endless. LASG should stop this media war and do the right thing if they believed Fashola corruptly enriched himself with our resources. Ambode should act responsibly for once by either stop this "media propaganda" or send a petition to EFCC to do the needful on Fashola. You can't continually show us the "wrongs" committed by a former public officer and refuse to do anything about it, yet you want to claim you are guided by constitution.

nduchucks:
I urge everyone to read this article in its entirety to note the extend of the fraud perpetrated against Nigerians. It may very well be time to shut down the NASS, guard it with the army, and declare a state of emergency, until legitimate elections of the Senate President and his vice can be conducted as prescribed in the non fraudulent standing order.

This fraud is completely unacceptable.,

NgeneUkwenu:


The man is incompetent, I tell you! As an economist myself, I know what I am saying!

NgeneUkwenu:
It is very obvious to an average discerning mind, that jonathan appointed a numbskull and empty brain like himself to man a very strategic economic policy making organ of the government.

Godwin Emefiele is the most incompetent CBN governor to have occupied that post!
This very man saw to the devaluation and deprectiating of the naira from 157 naira to 230 Naira to a dollar within the space of 1 year!!

This man is a disaster to the economy, I think as long as he remains there as the Governor, Nigerian should forget about the word called Change
Buhari Sack him now!

Op you are f00l and a product of a broken condom. Did you ever finish secondary school. ? Economy of a country is managed by executive aim of government ;president and finance minister playing a major role not CBN as you made the gullible ones to believe. this abokis are always diverting the attention of Nigerians from their failure

[size=15pt]The Economists Mocks Godwin Emefiele, The CBN Governor:
[/size]


THE ECONOMIST believes it's weird for Nigeria to place a forex ban on toothpick,sardines and 38 other items.


READ: CBN Stops the Sale of Forex for 40 Items [SEE LIST]

CENTRAL bankers may talk in martial terms of defending currencies against bloodthirsty speculators, but they seldom suffer wounds more grievous than a bruising of their egos. They can, however, cause untold harm to economies, as the Central Bank of Nigeria (CBN) is doing in puffing up its exchange rate.

The naira has been hit hard by a fall in the price of oil, Nigeria’s main export. The official exchange rate has slumped by almost 20% over the past year to about 196 naira per dollar. The black market rate, a more accurate gauge, is close to 230. Instead of allowing the naira to devalue, the central bank is trying to defend it by blocking imports. It has drawn up a list of disfavoured goods, and will not grant foreign exchange to import them.

Godwin Emefiele, the governor of the central bank, said he wants to conserve foreign reserves (which have fallen by about a fifth over the past year and now cover only six months of imports) and stimulate local production. “Nigeria cannot attain its true [potential] by simply importing everything,” he said.

The hit list appears to have been drawn up by someone wandering around a home and a building site and randomly pointing at items. It includes Indian incense, toothpicks and wire rods as well as more obvious luxuries such as private jets (demand for which could be slashed by simply barring government officials from flying in them). It also includes basics such as rice and tinned fish. Nigeria does not produce enough of these things to feed itself, but no matter. The nation must be shielded from foreign sardines.

Economists find the policy baffling. Central banks usually prop up their currencies if they are worried about inflation, or allow them to devalue to depress imports and stimulate exports. Nigeria, by contrast, appears to be set on achieving both an uncompetitive exchange rate and higher inflation. Whereas many investors were impressed by the previous CBN governor, Lamido Sanusi, who was sacked for exposing corruption, they fret about the harm being inflicted by the current one. Some wonder which would be worse for Nigeria: allowing him to serve the remaining four years of his term or undermining the independence of the central bank by sacking him.

Culled from The Economist

omolami:
Another NORTHERN campaign against the ibos in order to put a northerner in the post. Very soon Buhari will listen without hesitation. Pure northern agenda.period.

ignis:
Reminds me of the saying
"If mugu no fall, Guyman no go chop".