It’s evident that the CBN is taking some critical measures in terms of its “monetary policy” to arrest the monster of forex rise.

The gradual but noticeable crash of the dollar and others is proof that someone at the CBN is working hard to tame this economic pestilence.

Yet, from the other street of Nigeria’s economic district, nothing appears to be happening seriously in terms of the complementary “fiscal policy” that could help the monetary policy crystalise properly and begin to manifest in the life of the average Nigerian.

You would have noticed that in spite of the crash in dollars and others, the costs of things are still soaring.

This is because the confidence in the measures so far taken is still shaky, and the Ministry of Finance appears to be sleeping on duty.

From tariffs to taxes and duties, the Finance Ministry should have been taking some initiatives geared towards easing the current pains of the Nigerian people by incentivising major drivers of the economy for results.

No doubt, the work of the CBN is not yet done, but steps so far taken are worthy of mention, and the man behind this wheel, Olayemi Cardoso, deserves commendation for facing the scourge head-on.

It is, therefore, crucial that Olawale Edun of the Finance Ministy wakes up from his needlessly long nap and kicks in real quick. There’s no time to waste time.

This is but a layman’s intervention and understanding of the nation’s economy as it currently stands.

May Nigeria be great again. Amen
https://worldviewafrica.com/between-cbn-and-finance-ministry/

Hypemen at it.

Toh

Unnecessary article. Both Finance minister and the CBN governor should be commanded

No kudos to them both, and no commendation or whatsoever. They have not done an impresive job. naira has lost more 120% of it value under 10 months of their watch

chucks185:
No kudos to them both, and no commendation or whatsoever. They have not done an impresive job. naira has lost more 100% of it under 10 months of their watch

100% lost ? the Statisticians don come with their statistics oo

helinues:


100% lost ? the mathematicians don come with their statistics oo

man, stop pussyfooting, and doing devil's job, go and find something better to do with your life. You are being so petty and unintelligent. wonder how you live being so shallow in this mysterious world.

helinues:


100% lost ? the Statisticians don come with their statistics oo

Can you tell us what percent of the value of the naira was lost in the first 10 months of the Tinubu regime?

chucks185:
man, stop pussyfooting, and doing devil's job, go and find something better to do with your life. You are being so petty and unintelligent. wonder how you live being so shallow in this mysterious world.

It never reach make you start kicking bottles, just prove to us how you arrived at 100% naira rate loss within 8 months.

Ofunaofu:


Can you tell us what percent of the value of the naira was lost in the first 10 months of the Tinubu regime?

Gosh, have you asked the Statistician above to prove how he arrived at his figure.

Abeg, I no get time for Oroki advert this morning

helinues:


100% lost ? the Statisticians don come with their statistics oo

😁

helinues:


Gosh, have you asked the Statistician above to prove how he arrived at his figure.

Abeg, I no get time for Oroki advert this morning

I didn't doubt his figures.

You did

Ofunaofu:


I didn't doubt his figures.

You did

Proof how you also arrived at that figure.

How much was Naira to dollar in the last 8 months?

Willing to learn

helinues:


Proof how you also arrived at that figure.

Willing to learn

I have nothing to proof

The onus is on you, who doubted his figure, to counter it with facts.

Ofunaofu:


I have nothing to proof

The onus is on you, who doubted his figure, to counter it with facts. 

So we can reach a conclusion that both you and the guy fabricated the figure.

We have told you guys to stop telling us the gossip been discussed at Ochenja market square, they are always illogical

hisexcellency34:


Yet, from the other street of Nigeria’s economic district, nothing appears to be happening seriously in terms of the complementary “fiscal policy” that could help the monetary policy crystalise properly and begin to manifest in the life of the average Nigerian.

Maybe the government fought the dollar with speculations

helinues:


So we can reach a conclusion that both you and the guy fabricated the figure.

We have told you guys to stop telling us the gossip been discussed at Ochenja market square, they are always illogical

This is a business day report for December 31, 2023, when the naira was sold at N1200 to a dollar at the parallel market. 

Remember, it went as high as N1900 to a dollar some time in February 2024

https://businessday.ng/news/article/naira-ends-year-with-96-55-loss-to-dollar-at-official-market/

Ofunaofu:


This is a business day report for December 31, 2023, when the naira was sold at N1200 to a dollar at the parallel market. 

Remember, it went as high as N1900 to a dollar some time in February 2024

https://businessday.ng/news/article/naira-ends-year-with-96-55-loss-to-dollar-at-official-market/

If dollar was high as N1900 around February 2024 and the current price rate today April 1st is around N1000, where did you arrive at 100% loss in the last 8 months?

helinues:


If dollars was high as N1900 around February 2024 and the current price rate today April 1st is around N1000, where did you arrive at 100% loss in the last 8 months?

Now keep this type of objective posts on. Good job my boy.

helinues:


If dollars was high as N1900 around February 2024 and the current price rate today April 1st is around N1000, where did you arrive at 100% loss in the last 8 months?

You asked for proof, and I showed you proof, but you are still bent on wallowing in ignorance. 

Honestly, you are irredeemable.

searchng4love:

Now keep this type of objective posts on. Good job my boy.

What is objective about his post?

That fellow is wallowing in ignorance, and please don't join him because it will become a disaster if you do.

Ofunaofu:


You asked for proof, and I showed you proof, but you are still bent on wallowing in ignorance. 

Honestly, you are irredeemable. 

Stop the quarter cleverness, you didn't proof a sh.it

If dollar was high as N1900 in Feb, and it's around N1000 today, where did you arrive at Naira loss 100% to dollar in the last 8 months? How much was Naira to dollar in the last 8 months?

We no attend under tree math class for here now

helinues:


Stop the quarter cleverness, you didn't proof a sh.it

If dollar was high as N1900 in Feb, and it's around N1000 today, where did you arrive at Naira loss 100% to dollar in the last 8 months? How much was Naira to dollar in the last 8 months?

We no attend under tree math class for here now

Tell us with proof how many percent of the value of the naira against the dollar has been lost since Tinubu came on board so that we can end this discussion.

What is the exchange rate as at today, 1/4/2024?


I left..!

chucks185:
No kudos to them both, and no commendation or whatsoever. They have not done an impresive job. naira has lost more 120% of it value under 10 months of their watch

Your statistics teacher should be flogged in public

No be only 120%
Sometimes, I wonder if one needs to be bad at all basic subjects to be Obidient to Giringiry

No be only 120% from 700naira

chucks185:
man, stop pussyfooting, and doing devil's job, go and find something better to do with your life. You are being so petty and unintelligent. wonder how you live being so shallow in this mysterious world.

that boy helinues is simply a waste of creation.

Hypemen at it.