They should just print and give everyone his/her share. Shikena�

if you are an educated nigerian

then I weep for this country

don't talk about what you don't know, picture of governors carrying money ���

Ngasky:
Who is responsible for printing money?
Secondly, did they share the printed cash at the federal executive meeting where all the governors and ministers are present?
No single camera pic of the governors carrying sacks of printed money away from Aso rock venue?
I wish we have educated literates but unfortunately what we are having are educated illiterates roaming the streets with degree paper.
Printing money is always on regular basis to replace the mutilated ones, and nowadays more transactions were electronically based not cash based. So the issue of printing for sharing does not arise. Or can someone tell me a single state in Nigeria that is paying salary or state contractors with physical cash?
Sharing money from reserves is a normal tradition. In fact that is the main reason for creating those special accounts. To save for rainy days. Of what essence is the account if not to share when the state revenues goes down?
All the big taxes from companies are paid once in a year. As such that particular month the company paid. And will not pay again till next year. As such the government has to save the excess amount pending the months with lower revenue. So what is the deal here?

PDP mismanagement is far better than APC management.

Funkeshuga:
if not for your useless PDP party mismanagement and corruption, we wouldn't have end up with this global calamity that see himself as Messiah of some majority of idiots voters in this country



make thunder no finished those goats that elect and reelected this cow in asorock

Ngasky:
Who is responsible for printing money?
Secondly, did they share the printed cash at the federal executive meeting where all the governors and ministers are present?
No single camera pic of the governors carrying sacks of printed money away from Aso rock venue?
I wish we have educated literates but unfortunately what we are having are educated illiterates roaming the streets with degree paper.
Printing money is always on regular basis to replace the mutilated ones, and nowadays more transactions were electronically based not cash based. So the issue of printing for sharing does not arise. Or can someone tell me a single state in Nigeria that is paying salary or state contractors with physical cash?
Sharing money from reserves is a normal tradition. In fact that is the main reason for creating those special accounts. To save for rainy days. Of what essence is the account if not to share when the state revenues goes down?
All the big taxes from companies are paid once in a year. As such that particular month the company paid. And will not pay again till next year. As such the government has to save the excess amount pending the months with lower revenue. So what is the deal here?

For you to think printing money means literally physical cash to the tune of N60bn on FAAC table shows you might be the illiterate you called people.

naijanaso:


But he challenged the CBN to say otherwise...
He must consulted Obaseki to find out for himself before coming to air.
I personally don't think that Obaseki who is a sitting governor would make such a heavy statement if there's no truth in it.

Let say it is true CBN actually printed the money as reported.

Are the governors not the ones that was given the money to augment their FAAC.

The question is what are they (governors) doing with this and many bailout funds they have been collecting and what are they doing to improve their states economy

Jerryherd:
So because Obaseki was once in APC and he knows them then he is right.... Wike's logic here is flawed

Wike has never been brilliant since his days in RSUST Nkpolu Port Harcourt.

How he became a governor still amazes Earth.

Wike can't even manage a kiosk successful, how much more a State.

If not for gang violence and thuggery in Rivers, Wike can never come close to being a Local Government Chairman

Sunnycliff:
APC is the worst government ever. Increased taxation, stamp duty, atm charges, recovered loots, repatriated foreign loots, yet we are printing out currencies... Buhari and his team no get sense.

No single sense

I still wonder how people argue this news..... honestly we all know this APC government can do anything negative at all. Like what on earth have they not done since 2015 they took power ? This guys are shameless ....so they did it.

Tigaromil:
Pdp will use this one for campaign.

It'll be really dumb.
I mean, joke will be on them.
I have noticed how politicians create and twist narratives to confuse ill-informed Nigerians.
They know certain people will see through the narrative and will never take them seriously but, politics is a game of numbers; it's about what the majority believes.
That's why the cheapest propaganda still flies in Nigeria.
Too many uneducated people...even the educated ones don't know how things work and are too lazy to find out.

sentix:
if you are an educated nigerian

then I weep for this country

don't talk about what you don't know, picture of governors carrying money ���

He probably wanted to see the cash on the table being passed around and dragged in Ghana-must -go bags....before he can believe...the guy is the illiterate he called others

Masterito:
PDP mismanagement is far better than APC management.

stop your foolish comparison, who care about PDP and APC, foolish citizens


with your Likes, I just want this country to split. enough of having majority of stupid voters


nonsense

punisha:
Let's be honest, obaseki saying this or not, doesn't change the fact that APC is capable of doing anything morally wrong.

If it is wrong, evil, vile just know APC did it!

'Morally wrong' I like that terminology.

Just as obaseki said we are running a very strange economic,printing of money or borrowing is not a problem.the problem here are what are their plan to pay back the loan is it they are planning to print to repay loan, secondly why are they printing if they don't have good a system of recovering the money back through tax and other ways....this are the question obaseki raise..don't borrow or print if you don't know a good system to service loan or rather recall the print money back from the economic simple

Quantitative easing!!!

USA and many others used the policy.
Don’t see why CBN is denying it.

Kindledlight:


Let say it is true CBN actually printed the money as reported.

Are the governors not the ones that was given the money to augment their FAAC.

The question is what are they (governors) doing with this and many bailout funds they have been collecting and what are they doing to improve their states economy

No one is defending the governors for their recklessness but the rottenness starts from the head.
You know that the citizens have been complaining of bad governance for long, but for the governor to complain, it means we are in for a long thing bro. It means Agbada don hook fence oh.

Tigaromil:
Pdp will use this one for campaign.

are u serious? so in your small mind pdp or any other political party will be looking for facts to use during their campaign in a country ruled by A PC? even a toddler will flaw them nah, no be apc again?

Invitationn:

It'll be really dumb.
I mean, joke will be on them.
I have noticed how politicians create and twist narratives to confuse ill-informed Nigerians.
They know certain people will see through the narrative and will never take them seriously but, politics is a game of numbers; it's about what the majority believes.
That's why the cheapest propaganda still flies in Nigeria.
Too many uneducated people...even the educated ones don't know how things work and are too lazy to find out.

so u are educated and you hv got no concern over the countries economy but the campaign and election coming up next two years?
sometimes l begin to see meaning in rude boys talks of calling apc supporters zombies, nawa o.
Any way, even herdsmen were educated on how to carter for their cows..so...rubbishes

why didn't the Governors Reject the money

And I'm in the same country with someone who reasons like this?
There is no compulsion to comment on every issue. Sometimes it's better to read and pass.
How do you reason? What's your thought process like? What forms the core of your mental decision process and what's your general world view like?
Can you read what you've written, this time slowly and with intent? Do you notice any anomalies?
I've saved this for posterity and will revisit in one of my future rantings.
To be a Nigerian is a JOB!

Ngasky:
Who is responsible for printing money?
Secondly, did they share the printed cash at the federal executive meeting where all the governors and ministers are present?
No single camera pic of the governors carrying sacks of printed money away from Aso rock venue?
I wish we have educated literates but unfortunately what we are having are educated illiterates roaming the streets with degree paper.
Printing money is always on regular basis to replace the mutilated ones, and nowadays more transactions were electronically based not cash based. So the issue of printing for sharing does not arise. Or can someone tell me a single state in Nigeria that is paying salary or state contractors with physical cash?
Sharing money from reserves is a normal tradition. In fact that is the main reason for creating those special accounts. To save for rainy days. Of what essence is the account if not to share when the state revenues goes down?
All the big taxes from companies are paid once in a year. As such that particular month the company paid. And will not pay again till next year. As such the government has to save the excess amount pending the months with lower revenue. So what is the deal here?

Ngasky:
Who is responsible for printing money?
Secondly, did they share the printed cash at the federal executive meeting where all the governors and ministers are present?
No single camera pic of the governors carrying sacks of printed money away from Aso rock venue?
I wish we have educated literates but unfortunately what we are having are educated illiterates roaming the streets with degree paper.
Printing money is always on regular basis to replace the mutilated ones, and nowadays more transactions were electronically based not cash based. So the issue of printing for sharing does not arise. Or can someone tell me a single state in Nigeria that is paying salary or state contractors with physical cash?
Sharing money from reserves is a normal tradition. In fact that is the main reason for creating those special accounts. To save for rainy days. Of what essence is the account if not to share when the state revenues goes down?
All the big taxes from companies are paid once in a year. As such that particular month the company paid. And will not pay again till next year. As such the government has to save the excess amount pending the months with lower revenue. So what is the deal here?

How person go enter school come still de dumb like this sha?

To reply just de look like waste of effort. I mean after 16 years of schooling and you can still reason like this?

Chukwuka16:
And I'm in the same country with someone who reasons like this?
There is no compulsion to comment on every issue. Sometimes it's better to read and pass.
How do you reason? What's your thought process like? What forms the core of your mental decision process and what's your general world view like?
Can you read what you've written, this time slowly and with intent? Do you notice any anomalies?
I've saved this for posterity and will revisit in one of my future rantings.
To be a Nigerian is a JOB!

I weak as I read am too o

16 years of schooling and man is still as dumb as brick

mannasseh:
why didn't the Governors Reject the money

so they will run the state out of their private pocket?

CBN have answered us in style.

punisha:
Let's be honest, obaseki saying this or not, doesn't change the fact that APC is capable of doing anything morally wrong.

If it is wrong, evil, vile just know APC did it!

how is printing money morally wrong?
every country does it

Let us live our lives in line with the teaching of the Lord Jesus Christ.

Ngasky:
Who is responsible for printing money?
Secondly, did they share the printed cash at the federal executive meeting where all the governors and ministers are present?
No single camera pic of the governors carrying sacks of printed money away from Aso rock venue?
I wish we have educated literates but unfortunately what we are having are educated illiterates roaming the streets with degree paper.
Printing money is always on regular basis to replace the mutilated ones, and nowadays more transactions were electronically based not cash based. So the issue of printing for sharing does not arise. Or can someone tell me a single state in Nigeria that is paying salary or state contractors with physical cash?
Sharing money from reserves is a normal tradition. In fact that is the main reason for creating those special accounts. To save for rainy days. Of what essence is the account if not to share when the state revenues goes down?
All the big taxes from companies are paid once in a year. As such that particular month the company paid. And will not pay again till next year. As such the government has to save the excess amount pending the months with lower revenue. So what is the deal here?

you don't seem to know much
money printing does not mean 'physical money printing' it mostly happens with a click of a button. 60bn was digitally created out of thin air and credited to the state accounts

KenModi:


By the time inflation finishes with Nigeria, you would curse anyone who ever dares mention Buhari or Emefiele.

that's what money printing is, he's just confusing the illiterate ones

There is nothing wrong in Government printing money to sustain it economy, so many powerful countries does that, but if you are an illiterate and dumb that's how you will mixed up things, thinking you are dragging someone to the mud.

Most people thought that CBN printed hard copies of monies to the tune of N60b for the states to share, but the fact here is, CBN only credit the accounts of those in question. If you know you know and if you don't know now you know and stop making fool of yourself or showing yourself off that you are an illiterate.

Bellotelli:
Let the govt print more money pls... I could use some.

Yes you could use some more inflation. That's the long term effect so buckle up!

Ngasky:
Who is responsible for printing money?
Secondly, did they share the printed cash at the federal executive meeting where all the governors and ministers are present?
No single camera pic of the governors carrying sacks of printed money away from Aso rock venue?
I wish we have educated literates but unfortunately what we are having are educated illiterates roaming the streets with degree paper.
Printing money is always on regular basis to replace the mutilated ones, and nowadays more transactions were electronically based not cash based. So the issue of printing for sharing does not arise. Or can someone tell me a single state in Nigeria that is paying salary or state contractors with physical cash?
Sharing money from reserves is a normal tradition. In fact that is the main reason for creating those special accounts. To save for rainy days. Of what essence is the account if not to share when the state revenues goes down?
All the big taxes from companies are paid once in a year. As such that particular month the company paid. And will not pay again till next year. As such the government has to save the excess amount pending the months with lower revenue. So what is the deal here?

Stop trying to sound intelligent, because you’re not. When currency are printed against nothing the value of the currency then becomes less.

If this practice doesn’t stop Naira will become even more useless.

eldeens:
There is nothing wrong in Government printing money to sustain it economy, so many powerful countries does that, but if you are an illiterate and dumb that's how you will mixed up things, thinking you are dragging someone to the mud.

Most people thought that CBN printed hard copies of monies to the tune of N60b for the states to share, but the fact here is, CBN only credit the accounts of those in question. If you know you know and if you don't know now you know and stop making fool of yourself or showing yourself off that you are an illiterate.

There is everything wrong with the government printing money and No! Many governments don't do it, it's mostly poor countries with dumb leaders who do it. If Nigeria keeps doing this we'll end up like Zimbabwe.

naijanaso:


But he challenged the CBN to say otherwise...
He must have consulted Obaseki to find out for himself before coming to air.
I personally don't think that Obaseki who is a sitting governor would make such a heavy statement if there's no truth in it.

obaseki is not a man that talks anyhow,


He is not a slave that can't say truth to the face

He is not a career politician, he still has supreme Court to cross, he only says what is true about fg