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Nairaland Forum / Nairaland / General / Politics / Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption (12077 Views)
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Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by lexy2014: 7:29pm On Oct 12, 2021 |
vedaxcool: u didnt answer d question. is osinbajo and d CBN governor not in d same govt that osinbajo is trying to call d attention of d CBN governor? 1 Like |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Sirjamo: 7:32pm On Oct 12, 2021 |
T |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by vedaxcool(m): 7:32pm On Oct 12, 2021 |
lexy2014: Do you even understand the term independent means? He was discussing issues of economics amongst other government officials yet you are yapping about what now? Do you think the government just spew directives willy nilly at CBN? 3 Likes |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by lexy2014: 7:34pm On Oct 12, 2021 |
vedaxcool: still doesnt answer d question: is osinbajo and d CBN governor not in d same govt that osinbajo is trying to call d attention of d CBN governor? yes or no |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Bodexinvest: 7:36pm On Oct 12, 2021 |
You people should start apologising to Nigerians for mismanaging the Country. Nonsense! 1 Like |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Shikena(m): 7:36pm On Oct 12, 2021 |
lexy2014:Your question makes no sense dude. 2 Likes |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by lexy2014: 7:39pm On Oct 12, 2021 |
Shikena: are u saying that u cant answer d simple question with a simple yes or no? is osinbajo and d CBN governor not in d same govt that osinbajo is trying to call d attention of d CBN governor? |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Aganju849: 7:40pm On Oct 12, 2021 |
Shooyie: The only reason we keep two parallel rates is because Nigerian society thrives on dishonesty and corruption 4 Likes |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Shikena(m): 7:43pm On Oct 12, 2021 |
lexy2014:As he told you, CBN is independent. That answers the question. No one can help you beyond that. You are fond of asking kindergaten level questions thinking you are smart, no one here should have to pay for your lack of attention to details during your formative years. Go back to school and stop derailing threads where matured people are discussing matters of national importance 4 Likes 1 Share |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by annisy(f): 7:47pm On Oct 12, 2021 |
The federal government lead by pbm and Osibanjo is the problem with foreign exchange!!! The federal government is the highest spender in Nigeria from it ministries to agencies and Co, if the government can reduce or cut it's appetite for foreign made product from cars,furniture, cloths, drinks and so on it will reduce the pressure on the dollar we get from crude oil sale and our naira will appreciate drastically |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Shikena(m): 7:48pm On Oct 12, 2021 |
vedaxcool:Don't mind that kid 2 Likes 1 Share |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by tola1006: 7:49pm On Oct 12, 2021 |
Lovenorth: What better place and time to make is opinion known...his boss was right there and everybody that mattered in this govt ... how more bold can a supposed ineffective vp be 1 Like |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by lexy2014: 7:56pm On Oct 12, 2021 |
Shikena: since u are mature, smart, u understand matters of national importance and u went to school, are u saying that u cant provide a simple yes or no for what u call a "kindergarten level question"? is osinbajo and d CBN governor not in d same govt that osinbajo is trying to call d attention of d CBN governor? yes or no |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Xbs1: 7:57pm On Oct 12, 2021 |
How |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by airsaylongcome: 8:04pm On Oct 12, 2021 |
TheRareGem1: Lol. And this isn't a devaluation? Okay let's call it a "right-valuation"...revalue it to market realities |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by drills: 8:05pm On Oct 12, 2021 |
A wrong signal from the VP. The only end results will be worsen FOREX condition as folks will decide to hold USD with the intent to exchange at a devalued rate, leaders should learn when to make public statements as they may be sending wrong signals Unless we fix our balance of trade deficit and develop a strategy that prevents Nigerians from dollarizing her economy, any devaluation will lead to further arbitrage between the False black market rate AND CBN. |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Miyachi: 8:06pm On Oct 12, 2021 |
Everybody don turn economist. 1 Like 1 Share |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by 123papas(m): 8:09pm On Oct 12, 2021 |
President should just use his stability or wickedness to remove subsidy totally and everything will be fine |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Shikena(m): 8:15pm On Oct 12, 2021 |
lexy2014:Question 1: NO Question 2: NO, CBN is independent. |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by lexy2014: 8:17pm On Oct 12, 2021 |
Shikena: CBN is independent of who? |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Shikena(m): 8:18pm On Oct 12, 2021 |
lexy2014:Independent of you. |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Tareq1105: 8:19pm On Oct 12, 2021 |
Shooyie: He's right. That's the challenge of round tripping which we should stop. |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by lexy2014: 8:21pm On Oct 12, 2021 |
Shikena: good. so are u saying that d CBN isnt independent of d federal govt? who owns d CBN? |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Shikena(m): 8:23pm On Oct 12, 2021 |
lexy2014:The people of Nigeria. *Make your point and stop beating about the bush, smartie pantie |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Tareq1105: 8:24pm On Oct 12, 2021 |
Lovenorth: He's educated and knowledgeable. So, he's not playing politics. I want to believe he would have sacked CBN governor if he has his way. Remember he was against CBN governor on crypto currency issue. That forced CBN governor to come up with Nigerian crypto. 2 Likes |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by lexy2014: 8:25pm On Oct 12, 2021 |
Shikena: initially, u said d CBN is independent of me. if d CBN is owned by d people of nigeria, how can d CBN be independent of me according to u? so are u saying that d CBN isnt independent of d federal govt? |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Tareq1105: 8:28pm On Oct 12, 2021 |
Doubleoh7: Blame your BDC brothers who are working against the naira. |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Shikena(m): 8:28pm On Oct 12, 2021 |
lexy2014:Initially, u said is CBN independent of the FG. If d CBN is owned by d people of nigeria, how can d CBN be dependent on you according to you? So are you saying that d CBN isn't independent of you? |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by lexy2014: 8:32pm On Oct 12, 2021 |
Shikena: initially, u said d CBN is independent of me. if d CBN is owned by d people of nigeria, how can d CBN be independent of me according to u? so are u saying that d CBN isnt independent of d federal govt? NB: which one is "CBB"? |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by pquaver(m): 8:32pm On Oct 12, 2021 |
The fact you work in the same company with your colleagues as some in the finance department do you tell the engineering department how to do their work? Emefiele is a competent economist.. Call him out for the perceived incompetence ( or is because he is our brother) n not saying gov.. When he is Hause or yoruba do u remember that when u claim ndi igbo this n Dat? |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by Patrioticman007(m): 8:35pm On Oct 12, 2021 |
vedaxcool: It seems ignorance will make some people suggest the closing of BDC's & Banks at this rate. Why are we mystifying dollars to sprits ?. The day we start consuming made in Nigeria goods, that's when Naira will gain strength. |
Re: Why Osinbajo Advocates Forex Policy That Curbs Arbitrage & Corruption by NaijaNaWaa: 8:37pm On Oct 12, 2021 |
Shooyie: Perfect. Common sense. 1 Like |
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