vedaxcool:


The CBN governor is independent

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?

T

lexy2014:


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?

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?

vedaxcool:


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?

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

You people should start apologising to Nigerians for mismanaging the Country. Nonsense!

lexy2014:


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

Your question makes no sense dude.

Shikena:

Your question makes no sense dude.

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?

Shooyie:
Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
12th October, 2021

The only reason we keep two parallel rates is because Nigerian society thrives on dishonesty and corruption

lexy2014:


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?

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

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

vedaxcool:


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?

Don't mind that kid

Lovenorth:
This media call will not solve the problem, let him talk to his boss head on. I look at this as another way of manipulating politics, he is only selling himself to the Nigerian people

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

Shikena:

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

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

How

TheRareGem1:
VP did not call for Naira devaluation. He only called for an official rate reflective of market reality. The current dual exchange rates allows for arbitrage and blocks inflow/supply of dollars from investors.

To kill your curiousity, watch the video below


https://www.youtube.com/watch?v=lSVfeWtTT_o

Lol. And this isn't a devaluation? Okay let's call it a "right-valuation"...revalue it to market realities

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.

Everybody don turn economist.

President should just use his stability or wickedness to remove subsidy totally and everything will be fine

lexy2014:


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

Question 1: NO
Question 2: NO, CBN is independent.

Shikena:

Question 1: NO
Question 2: NO, CBN is independent.

CBN is independent of who?

lexy2014:


CBN is independent of who?

Independent of you.

Shooyie:
Prof Osinbajo was trying to call the attention of the CBN governor to those who buy at official rates and sell at the parallel market which allows them make huge profit at the expense of unsuspecting Nigerians.

He's right.

That's the challenge of round tripping which we should stop.

Shikena:

Independent of you.

good. so are u saying that d CBN isnt independent of d federal govt? who owns d CBN?

lexy2014:


good. so are u saying that d CBN isnt independent of d federal govt? who owns d CBN?

The people of Nigeria.
*Make your point and stop beating about the bush, smartie pantie

Lovenorth:
This media call will not solve the problem, let him talk to his boss head on. I look at this as another way of manipulating politics, he is only selling himself to the Nigerian people

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.

Shikena:

The people of Nigeria.

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?

Doubleoh7:
All this long grammar and explanation from you Prof VP meanwhile you are the chair of the National Economic Council. Who then should drive all these policies to see the naira stabilise?

Blame your BDC brothers who are working against the naira.

lexy2014:


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?

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?

Shikena:

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?

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"?

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?

vedaxcool:
This dollar business needs to check. The CBN governor needs to know that directives from his office will not address the issue. Even Staff within CBN might be facilitating the arbitrage, some have stakes in Bureau de change. Such persons have little incentives to challenge the status quo

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.

Shooyie:
Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
12th October, 2021

Perfect. Common sense.