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Nairaland Forum / Nairaland / General / Politics / Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN (52285 Views)
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Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Nobody: 8:12am On Feb 20, 2023 |
valentineuwakwe: Was the present CBN Governor there when this policy was implemented in 1984/85? Kindly go back to the words and actions of Mr. Tunde Idiagbon during those periods. his is simply the actions of PMB—no more, no less. Talk to PMB directly. Anyway, I am enjoying the in-fighting in APC. Let them keep fighting themselves. Reminds me of the prophecy of the Late T.B. Joshua. It's gradually coming to pass. 1 Like |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by longview007: 8:13am On Feb 20, 2023 |
El-Rufai, a crying foul. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by occfx: 8:14am On Feb 20, 2023 |
jhydebaba: After Feb 25, you will have any amount of cash you want. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Miles300: 8:14am On Feb 20, 2023 |
But this midget have been watching Buhari give directives on air .....now una dey shift blame go CBN |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by treatise: 8:14am On Feb 20, 2023 |
valentineuwakwe:El Rufai should tell us the original intention of supporting bandits in Kaduna state. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by khalling2008: 8:16am On Feb 20, 2023 |
Alpharey:Don't worry, you will continue to cann8banism your people in your region after your candidate loss |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Cjayboy: 8:18am On Feb 20, 2023 |
Selfish governor.. Problem of Kaduna state... |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by kokomilala(m): 8:18am On Feb 20, 2023 |
The New Monetary Policy Messier Than A Messed Up Toilet This Naira redesign or adulteration, if you prefer, has sent Nigeria's already battered image to the gutters. And, it gives ammunition to the assertion in many quarters- Nigeria no less- that this is a country that cannot organize itself. The CBN as the apex bank has the statutory powers, with the approval of the president, to carry out this policy and implement it seamlessly, for it is in charge of monetary policies. For me, I've always doubted the credentials of Emefiele as s central bank governor. I think a risk management expert, someone in the ilk of Sanusi, the former CBN governor, would have handled the CBN better. It's very clear, even before now, that Emefiele had gone partisan. He's deviated from his statutory role of managing the monetary policies of Nigeria. In a sense, he's decomposed into a voracious vulture circling around the (XC) - expected carcasss of the general elections. The immediate solution, for me, is to allow the two notes run concurrently until the old ones are exhausted out of use. It's a no-brainer! There's no point subjecting already-battered Nigerians to untold misery. Seeking to isolate vote buyers for the general elections, for me, is panglossian idealism. The dynamic of poverty will still play. It will take a sea change in the socio-economic status of the electorate to ensure such idealistic goal. 1 Like |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Alpharey: 8:19am On Feb 20, 2023 |
pryme: El Rufai should go buy coloring to recolor his stacks in case he has some. Very simple! He should stop crying |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Kukutenla: 8:19am On Feb 20, 2023 |
Abfinest007:His son nko |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by gassbee: 8:21am On Feb 20, 2023 |
Abfinest007:how many politicians are bold to come out n speak d truth just as El rufai did |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Reinamaria(f): 8:23am On Feb 20, 2023 |
MT: It's not about whether he makes sense or not. It's the motive behind the "making sense". You gotta ask yourself; is this dude really fighting for me or for his own selfish interest? |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Reinamaria(f): 8:26am On Feb 20, 2023 |
Alpharey: Hahahahahahahahahahahahahahahaha Very simple! 1 Like |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by pryme(m): 8:26am On Feb 20, 2023 |
Alpharey: Do you guys honestly think this new naira will be in back in circulation after the election? I don't think so, It's a supply issue, until that is addressed the hardship won't go away EVEN AFTER THE ELECTIONS. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by UpvoteAfrica: 8:28am On Feb 20, 2023 |
The one person I have been waiting for to talk about this whole rubbish is Emir Sanusi Lamido Sanusi. Else, every person just dey speak wetin pain them. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Alpharey: 8:28am On Feb 20, 2023 |
tafabaloo: El Rufai should be crying over the incessant killings in Southern Kaduna. He should leave us to cry over the scarce naira notes. Unless he is not telling us something |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Sermwell(m): 8:28am On Feb 20, 2023 |
Shareholder:Because has been the one crying upandan |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by TheAlchemist: 8:29am On Feb 20, 2023 |
Omoapena: If truly we want to preach the gospel of cashless policy that is the way to go. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Alpharey: 8:31am On Feb 20, 2023 |
khalling2008: Says a native of the capital cities of skull mining. All those skulls belong to vultures abi. They are not human beings. Dey play |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Karemarealty288(m): 8:31am On Feb 20, 2023 |
El Midgeti.....the hero of absymality.
|
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by MartinsD12(m): 8:32am On Feb 20, 2023 |
valentineuwakwe:CBN failed woefully on this issue, you don't collect old naira without giving one the naira what is naira swap policy then , you swap your old naira for the new one what CBN and banks are doing is collect old naira no new naira to give to people making people suffer so much this period, it's unfortunate . |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Sermwell(m): 8:33am On Feb 20, 2023 |
gassbee:Don't be deceived! How many times has Elrufai come out to speak the truth in the last 8 years?? Please answer me, I want to check something! |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Kukutenla: 8:34am On Feb 20, 2023 |
BigBrother9ja:I thought Tinubu is good at talent hunting How come he produced Buhari and you're excusing him from the failure but you jump on the success in Lagos What about Dapo in Ogun, Aregbe and Oyetola in Osun, Fayemi in Ekiti. These are all his "talents" not so? Why did they also fail in their respective states |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Sermwell(m): 8:35am On Feb 20, 2023 |
UpvoteAfrica:I swear! I thought I was alone! He's the only one I want to hear in these whole bruhaha! |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by khalling2008: 8:37am On Feb 20, 2023 |
Alpharey:Any states that have 99% of Igbo Christians, will practice what is in the Bible: 2 Kings 6:29 So we cooked my son and ate him. The next day I said to her, 'Give up your son so we may eat him,' but she had hidden him." No wonder Igbo Christians dey kill and eat our security personnel in the southeast. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by HNICEARTH: 8:38am On Feb 20, 2023 |
Pee brain! Nobody confiscated anybody's money. You deposit XYZ amount, you recieve a credit alert of XYZ amount in your bank acct. Nobody is giving you any cash to continue hoarding |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by galaxy2020(m): 8:41am On Feb 20, 2023 |
We don't care Hell Rufai.....You can go and jump into the lagoon midget. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by Alpharey: 8:44am On Feb 20, 2023 |
khalling2008: Dey play. Mind your skull, Taiwo is planning something |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by eunisam: 8:44am On Feb 20, 2023 |
Elrufai, dem go reply you a week after election. |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by 8stargeneral: 8:44am On Feb 20, 2023 |
El Rufai go cry blood |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by NwokoloOwa: 8:47am On Feb 20, 2023 |
Hendrixky: All talk about money being outside bank are all arms of voodoo economics. They are not what is holding us down. Our monetary policy is highly unstable because of the huge imports going on and lack of manufacturing and production to match our population that is also growing in alarming rate. So much pressure on the Naira. Take importation of petroleum products, where we are spending over N3 trillion annually! Talk of food and other items and it's mind-boggling and scary. No country grows by all these redesigning or recoloring of their currency. Its the so called developing countries that keep trying all these to give false hope. Ask Ghana with their redecimalization program of their currency, India with redesigning program etc. How far did they go with these programs afterwards. Nothing much achieved. The redesigning policy as far as economics is concerned is all about motion without real movement. When developed change their currency, you hardly hear about it. Just seamless because its not really an issue. Ask your self how much that is outside banks worldwide. These are just surface dressing of the fundamental economic problem we have. We need to go back to real manufacturing with massive production for local needs and export. Anything short of this is Voodoo Economics |
Re: Naira Redesign: El-Rufai Reveals What Buhari Originally Approved For CBN by gfelo(m): 8:48am On Feb 20, 2023 |
this man is making a point but we are blinded by political propaganda and cudnt see what is happening, karma will surely visit this thieves. |
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