Should Tinubu continue this way to save the naira?

Consider the fact that defending naira means subsidizing the dollar buy selling it below market price, even though the billions of dollars are borrowed and few Nigerians had access to the cheap dollars

https://punchng.com/cbn-defends-naira-with-11-24bn-in-seven-months/?amp

.

Imagine.

Lies!

It was all to cover his financial recklessness and
incompetence in amounts disbursed to the first family and "hangers-on" around the presidency.

It has been discarded now so let's face local production and have less need for foreign currencies.

Tinubu will fix the dollar problem soon

Visocrate:
Tinubu will fix the dollar problem soon

He'll need atleast 30billion dollars with Port Harcout and Dangote refinary fully functional.
I wish him all the best of luck.

stonemasonn:
He'll need atleast 30billion dollars with Port Harcout and Dangote refinary fully functional.
I wish him all the best of luck.

True

$11.24 billion in 7 months

Not 2 years ooo

7 months
Can you imagine currency that's not ours 😭😭

Igbos alone should come n answer this question. This is the problem Igbos want Tinubu to solve within the same 7 month as president. Make this people de fear God.

Senseless foolish jealousy n hate for Tinubu Yoruba Fulani etc will not make the pandora criminal Peter Obi president. Obidient should know this n know peace.

Biodun556:
.

.

.

matify83:
Lies!

It was all to cover his financial recklessness and
incompetence in amounts disbursed to the first family and "hangers-on" around the presidency.

It's actually possible because CBN was equally giving funds to oil importers.

Biodun556:
Should Tinubu continue this way to save the naira?

Consider the fact that defending naira means subsidizing the dollar buy selling it below market price, even though the billions of dollars are borrowed and few Nigerians had access to the cheap dollars

https://punchng.com/cbn-defends-naira-with-11-24bn-in-seven-months/?amp

dindinrin, is that not the same government you defended with sweat and tears for 8yrs thinking you are doing others?? all of a sudden you realized the bad economic policy.. why didnt you speak up like other sane nigerians then? instead you labelled every sane people that speak with bad title forgetting we will all suffer it.. people like you should be gathered and put on firing squad for the country to move forward cos with people like you in the polity there can never be progress cos una brain is full of akamu

FreeStuffsNG:
It's actually possible because CBN was equally giving funds to oil importers.

😂😂😂😂😂😂😂😂😂😂😂
So you done dey talk like this. Didn't it increase IGR and direct foreign investment? Keep deceiving yourself. If stupidity was a person.

Now ask yourself how much the country has lost in 7 months because of that ill prepared decision!
Note that alot of people had naira in their savings accounts before the floating of naira and now that money has lost more than 80% of it's value. Nigerians alone must have lost more than 50billion dollars.

Blame games and excuses reaching a whole New dimension under Tinubulation.

First degree of a certificate forger in Accountancy in the mud.

We have been hearing " wait until the drug thief appoint a CBN Governor

Appointment took place 6months ago and the Nigerian economy fell like a Pack of cards. The CBN Governor is a fraudulent Oluwole "technocrat" like his bulaba manhood