All Progressives Congress leader, Bola Tinubu , has asked the Federal Government to print more naira notes in order to save the economy from collapse even as the Covid-19 pandemic continues to bite harder.

Tinubu said this in a statement he wrote in commemoration of his 68 birthday .

The former governor of Lagos State said the United States Federal Reserve had printed more dollars in order to boost the economy.
He said Nigeria could also do the same .

Tinubu added, “ Already , the price of oil has fallen to less than 30 dollars a barrel . This will bring a dollar shortfall . This does not, however , necessitate a corresponding shortfall in public sector naira expenditures .

“ The US controls dollar issuance . We control naira issuance as is our sovereign right . Just as America has used its sovereign right to issue its currency to stave economic disaster, so too may Nigeria issue naira for the same purpose .”

https://punchng.com/coronavirus-print-more-naira-notes-tinubu-tells-fg/



With this I think Tinubu will turn Nigeria to either Zimbabwe or Venezuela(if he happens to be elected)..

His economy policies are very poor and devastating. We can mirror that from Buhari's administration..

Make we shine our eyes...

Atiku is good in terms of economy policies but very bad when it comes to corruption..

We know where PO stands.

Let's come together and evade this glaring destruction coming. If we fail, we will be competing with the likes of Zimbabwe...

Either Atiku or Obi win.. We are good.

Na Agbado and Cassava Economics.

OP no blame Ikoyi Pablo, economics is not his specialization, if it is drugs, touts and Agbero empowerment we will always give it to him.

Never reward failure. APC should not near Aso Rock again.

You can't give what you don't have.

Gaskiya..
Atiku all the way.
Usu-ra-kwa unu there
Ndi ofe-mmanu
Na onye ahu m dere aha-nya
Na elu

Print more money keh

PraizHim:
Na Agbado and Cassava Economics.

He also said we will spend and get paid in naira, that we should forget about dollar...

Negodu!

Tinubu is just senile and an alzheimer's drug addict that needs to be in a care home

Even Buhari that has NEPA certificate didn't say this. But one that claims to be a first class graduate from USA wants to push Nigeria into hyperinflation.

May God forbid Bat thing!!

OK

MasterJayJay:
Even Buhari that has NEPA certificate didn't say this. But one that claims to be a first class graduate from USA wants to push Nigeria into hyperinflation.

May God forbid Bat thing!!

I am telling you. if buhari leaves office and tinubu enters today, we will miss buhari.

agbado economics

I am just wondering what Tinubu and APC will campaign with few days coming...

I am still wondering what Tinubu will say on how to revamp the economy and foster growth and development.

CanineOfJackal:
Tinubu is just senile and an alzheimer's drug addict that needs to be in a care home

Old men can't rule.

Where are the ecosbats? Come and see nonsense policy that your cassava master is banking on to save the economy.

Mtcheww

Favaman:
Where are the ecosbats? Come and see nonsense policy that your cassava master is banking on to save the economy.

Mtcheww

They are no where to be found. There is one called tonyuny12 let see if he has anything to say..

This is the type of economics ypu get from an addict of white substance who risked his life in the streets of Chicago, gang banging with drugs and came back to Nigeria to carrying bullion vans of raw cash belonging to taxpayers on the streets of Lagos

Tochi3:
This is the type of economics ypu get from an addict of white substance who risked his life in the streets of Chicago, gang banging with drugs and came back to Nigeria to carrying bullion vans of raw cash belonging to taxpayers on the streets of Lagos

I am still wondering why the urchins are not here yet.. They can't even defend their Lord on this one

Economic assassin
Old and senseless criminal with no functioning brain

AdamuKD:

Economic assassin
Old and senseless criminal with no functioning brain

Na so.. The other time fashola was blabbing and chest beating that electricity is not a rocket science. He entered, everything ply out worse than before.

They are using the Lagos state that every dumbass can rule and excel to deceive the gullible.

4teenblaq:


They are no where to be found. There is one called tonyuny12 let see if he has anything to say..

I'm here! How can I help you?

I will only relate if you won't start insults when I start giving you back to back!

tonyuny12:


I'm here! How can I help you?

Tinubu wants to purge this country into hyperinflation by printing more naira note to save the economy... Is not questionable to his economic policies?

4teenblaq:


Tinubu wants to purge this country into hyperinflation by printing more naira note to save the economy... Is not questionable to his economic policies?

https://nairametrics.com/2021/10/12/should-the-nigerian-government-print-more-money/

Go through this

But then Nigeria isn't ripe enough for such because we aren't producing much... This will be counter effective hence I won't support such policy.

tonyuny12:


https://nairametrics.com/2021/10/12/should-the-nigerian-government-print-more-money/

Go through this

Going through the article you posted, the article is just a perception of an individual(opinion! Not even economically). Hence the disclaimer: Disclaimer: This article does not aim to implore the Nigerian government to throw money to solve her economic problems but seeks to broaden the discussion on the perception of money printing by the government. Limiting it to just an economic ill would be a disservice to financial science debates


It has been proven that printing of more money drives inflation and give the economy a devastating result.. E.g Venezuela and Zimbabwe.

I don't know why and how someone would want to save the economy by printing more money even when the economy is dying.

4teenblaq:


Going through the article you posted, the article is just a perception of an individual(opinion! Not even economically). Hence the disclaimer: Disclaimer: This article does not aim to implore the Nigerian government to throw money to solve her economic problems but seeks to broaden the discussion on the perception of money printing by the government. Limiting it to just an economic ill would be a disservice to financial science debates


It has been proven that printing of more money drives inflation and give the economy a devastating result.. E.g Venezuela and Zimbabwe.

I don't know why and how someone would want to save the economy by printing more money even when the economy is dying.

I guess your perception of his economy policies was a collective perception with no reference to an individual's piece of work. Bro let's just be a bit truthful .


Secondly I posited that Nigeria isn't ripe enough for such policies in my second quote and thus won't support same because it will be counter productive. But it will work effectively in countries like the USA

tonyuny12:
But then Nigeria isn't ripe enough for such because we aren't producing much... This will be counter effective hence I won't support such policy.

That is one of the policies your principal is bringing

4teenblaq:




That is one of the policies your principal is bringing

Yet I'm not supporting same because I'm not a blind follower.

tonyuny12:


I guess your perception of his economy policies was a collective perception with no reference to an individual's piece of work. Bro let's just be a bit truthful

Lol maybe you didn't see the reference I dropped.. Check the picture below

Stop trying to defend rubbish.. If it was PO that said such, we won't hear word.

If you are a human being, a Nigerian either youth or adult and you are campaigning for either Tinubu or Atiku with your phone, data, time and energy wheather off-line or on any social media platforms for president without receiving an alert of at Least #100,000 Naira every month from those two slave master's, it means you are The most senseless ,fooolish, Useless, disgusting and mentally demented soul on this Earth,
Vote wisely,
Vote OBI/DATTI.

tonyuny12:


Yet I'm not supporting same because I'm not a blind follower.

Lol.. Thanks for acknowledging that!!!

And that is why we don't want him in the presidency. Because things will be worse than what we are currently in.

4teenblaq:


Lol maybe you didn't see the reference I dropped.. Check the picture below

Stop trying to defend rubbish.. If it was PO that said such, we won't hear word.

I'm not defending but telling you it can work for some countries but Nigeria isn't one. And whatever quotes you come up with is the outcome of someone's work which is subject to verification.

We've made reference to people's articles and citing one isn't new. But then I did researched more than one

I dewan telling you