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Nairaland Forum / Nairaland / General / Politics / CBN Illegally Printing Money For Buhari Government - Moghalu (40604 Views)
Wale Edun: 8 Years Of Printing Money Without Productivity Caused Inflation / Amaechi: I Never Said Government Has Been Printing Money Since 2015 / Amaechi: We Have Been Printing Money, But Swore Oath To Lie - Peoples Gazette (2) (3) (4)
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Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Alusiizizi(m): 3:56pm On Aug 06, 2022 |
Juanmike: You mean so that you can deposit in a domiciliary account? |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Alusiizizi(m): 4:15pm On Aug 06, 2022 |
ComingKing: Nothing could be further from the truth. Printing money is almost like an indirect tax on the people, by devaluing your currency your are taxing(stealing) money from your citizens. Countries do this as a highly provisional measure to sail pass occasional hard times and not as a permanent solution as seems to be the case with Nigeria. The run-away rise in the exchange rate is a direct consequence of illegal money minting, and my suspicion is that we are only seeing the tip of the iceberg here, the worst is yet to come. 1 Like |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Alusiizizi(m): 4:25pm On Aug 06, 2022 |
eeetuk: You clearly know nothing about economics. A one Naira note is nothing but a worthless piece of paper without backing, be it crude, foreign reserve, etc. Printing "helicopter money" effectively devalues the Naira, which is what we are suffering now. 1 Like |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by ArewaNorth: 4:31pm On Aug 06, 2022 |
dynicks: See this bigot. He can't attack Emifele but only Zainab! Anybody who knows how monetary and economic system of Nigeria operates knows that CBN Governor has more fault than FM. 1 Like |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Juanmike(m): 4:37pm On Aug 06, 2022 |
Alusiizizi:yes |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Alusiizizi(m): 5:00pm On Aug 06, 2022 |
Juanmike: If the allegations are true about illegal printing, domiciliary account will be of limited value. Imagine depositing all your $$ and then at a future time be told that "there are no dollars" when you need to withdraw. Better to convert to USDT instead, a crypto-currency. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Juanmike(m): 5:10pm On Aug 06, 2022 |
Alusiizizi:How do I go about it |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Alusiizizi(m): 5:20pm On Aug 06, 2022 |
Juanmike: Easiest with Remitano. Paxful is also a good place. https://remitano.com https://paxful.com Remitano is my personal favorite if you ask me. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Waterbear(m): 7:46pm On Aug 07, 2022 |
orion7: He said 50 million youths into the army .... That's where he plans for the leaders of tomorrow would go... |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by scarycuteface(m): 9:03pm On Aug 07, 2022 |
Juanmike:Check out Yellowcard app, they have the best rates in the market |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by scarycuteface(m): 9:06pm On Aug 07, 2022 |
Alusiizizi:That is why I use Yellow Card to convert my naira to USDT and vice versa |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 7:31am On Aug 08, 2022 |
Olojuobinrin: They're ignorant and corrupt. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 7:33am On Aug 08, 2022 |
Eriokanmi: Yes oo. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 7:36am On Aug 08, 2022 |
MuslimIgbo: Yes Yes Yes. thanks 1 Like |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 7:42am On Aug 08, 2022 |
I swear, it will never be well with all my she rubas sisters that supporter this BUHÀRl to become president. Nigeria has never been so unfortunate. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 7:48am On Aug 08, 2022 |
Like Boris Johnson, it is honourable to RE-SIGN NOW. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 7:51am On Aug 08, 2022 |
tuoyoojo: "I will make the Country UNGOVERNABLE AFTER ME", says BUBU |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 7:55am On Aug 08, 2022 |
The Problem is the ABSENCE of Competent Social, Economic and Political leadership. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 8:01am On Aug 08, 2022 |
The Problem is Centralized POLICING, RESOURCING AND ELECTIONEERING CONTROL MECHATRONICS. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by orisa37: 8:06am On Aug 08, 2022 |
EMEFIELE caused KEMI ADEOSUN'S MISHAP. |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by ComingKing: 3:26pm On Aug 11, 2022 |
Alusiizizi: This is not true, the illegal activities of the bureau de change operator caused the rise in the exchange rate mainly the USD. These actors want to benefit from the rise and at the same time destroy businesses. => Banks want to profit from USD loan repayment => Black market operators want an ungodly profit => Hoarders don't want their investment to crash => Forex Trader will be hut if Naira gains by looking at these few one would see those behind the fall of Naira |
Re: CBN Illegally Printing Money For Buhari Government - Moghalu by Alusiizizi(m): 3:40pm On Aug 11, 2022 |
ComingKing: That is a bold faced lie and you know it. Of course you wont admit since you're probably some government agent pushing an official narrative. 1 Like |
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