Article too lengthy, couldn't read that




Infact I need a lense

What's new?

This is what we had expected the anti-corruption czar to have done a long time ago. Emefiele is the arrow head of the forex cabal. Attack him head-on if the rot and free fall of the naira will be checked.
I love Osibanjo's style of leadership.

hmmm

mykeljosef:
if only people knew how much those animals make from forex sale



how bank runs out of dollars to sell

but one miserable looking aboki will always have dollars



cbn give those politicians at 315

they sell at 500


calculate the profit



this is pure stealing

The fraud is on a massive scale!

Emefile

FastShipping:


Why hasn't Buhari fired him?

Honestly, We dont know.

Thought corruption has ended. Just wasting their time like using insecticide in a swamp.

FastShipping:


Why hasn't Buhari fired him?

you cant forcefully remove him except with evidence of corruption.

seunmsg:
The AGF is over reaching his boundaries by querying the CBN, he has no such powers. If there are petitions against the CBN governor, he should forward it to the EFCC for proper investigation and not issuing illegal queries.

Nigeria is currently in the intensive care unit according the Mbaka....He should be queried by the closest office that will push naija fowod

focus7:
Emefiele is not a Jew?

I guess the meaning of that his name should be "corruption and incompetence runs in the blood."

Buhari should replace him with a better hand.

small kids everywhere

Nukualofa:
small kids everywhere

Senseless corrupt adult.

This might be a way to get rid of the worst and most clueless CBN governor ever appointed. Finally!

I support anything that gets rid of all Goodluck Ebele hatchet men.

seunmsg:
The AGF is over reaching his boundaries by querying the CBN, he has no such powers. If there are petitions against the CBN governor, he should forward it to the EFCC for proper investigation and not issuing illegal queries.

So I thought. The CBN is under the ministry of finance but reports directly to Mr President. But under this government, anything is doable

Jesusloveyou:
look at this one, he said some even collect dollar for as low as 0.61.
This ipod cbn gov should better resign on his own.
He is a clog in the wheel of progress.
This is how ineffectual buffoon always appoint corrupt people to always help him to steal.

But Na bubu appoint am Na.

nawaa for nija.i don't even know what to say anymore. we are fighting corruption, yet corruption is still flourishing.

The president CANNOT constitutionally fire the governor of the central bank until his tenure lapses. Even GEJ could not sack Sanusi, but tried suspending him for the deputy governor to run the office until his tenure officially expired. And even that action was frowned upon by the international community. Yaradua wanted Soludo out, but had to wait till lapse of tenure to appoint Sanusi.
The reason for this is to create a separation and independence been fiscal policy set by government, and monetary policy set by the central bank.

FastShipping:

Why hasn't Buhari fired him?

A very good question.

Jesusloveyou:
you cant forcefully remove him except with evidence of corruption.

Story story.

seunmsg:
The AGF is over reaching his boundaries by querying the CBN, he has no such powers. If there are petitions against the CBN governor, he should forward it to the EFCC for proper investigation and not issuing illegal queries.

Very true. I will be disappointed if emefiele replies that query. The cbn gov is senior to the ordinary tenure less agf.

MaziOmenuko:
I keep saying they should boot Emiefele out, he is an epitome of corruption. He was handpicked and installed by GEJ after helping the alibaba and his 40 thieves stash funds. He has nothing to offer, no sound monetary policy, a single currency having over 5 exchange rates is an aberration. None of his trial-by-error policy has worked.

Boot him out now!

Absolutely none.!!
While in Zenith, the smallest decision goes through Jim Ovia. The Ika cabal in the banking industry imposed him on GEJ because he is quite amenable to their selfish plans.

Nkemtreasure:

So I thought. The CBN is under the ministry of finance but reports directly to Mr President. But under this government, anything is doable

Very useless government. May heaven save us. I want this govt out as soon as possible.

Eledan:


Absolutely none.!!
While in Zenith, the smallest decision goes through Jim Ovia. The Ika cabal in the banking industry imposed him on GEJ because he is quite amenable to their selfish plans.

Guy stop writing rubbish.

Fineman87:


Guy stop writing rubbish.

Write your own rubbish and stop bleating

I thought the abokis where benefiting from the forex brouhaha.

Love Machine:
But Na bubu appoint am Na.

check your head well, is like your temperature is high.

i think Corruption in Nigeria is like HIV, once HIV find Cure then it may likely to find temp cure for Naija corruption

Jabioro:
Ours people are corrupted, having been infected with the virus it would take the grace of God to heal the system

stonemasonn:
I thought the abokis where benefiting from the forex brouhaha.

u tot so, now you know buhari is never your problem. You were even wishing him dead, as if he is the one that increase dollar price.

Jesusloveyou:
u tot so, now you know buhari is never your problem. You were even wishing him dead, as if he is the one that increase dollar price.

I don't wish Buhari dead and I don't get your post! I thought the BDCs which is dominated by northerners are enjoying the current forex regime.

This dollar exchange rate is really disturbing, I believe dollar exchange rate should not supposed to be high like this, now as price of oil is high and with the amount of dollars recovering from looters, we supposed to have enough dollars in banks for direct exchange, since our external deposit reserve is increasing federal government must pump some dollars in to banks.
This exchange is what is fuelling in increase of food stuffs' prices and other commodities which is the part of the cause of hardship to people, and the much different between official rate and black market is what increasing in money laundering from other countries in to Nigeria because ones people cross with their money the money will multiply almost by 2 using black market.
Pumping enough dollars in to market to bring exchange rate down is just like poverty alleviation like N-Power and so on.

seunmsg:
The AGF is over reaching his boundaries by querying the CBN, he has no such powers. If there are petitions against the CBN governor, he should forward it to the EFCC for proper investigation and not issuing illegal queries.

with all due respect I disagree strongly with eat u said do u realise that part of this currency rackatering is what caused the real reselcession. industry players hav often complained that a CBN gov should never be a banker cos all they see is profit making and they will abandon the need to defend d currency using strong and sound moneytry policies it may also shock u that other African countries hav a stable excgange rate of a ratio of 1 dollar to the local currency exchange rate

the guy is a big problem

stonemasonn:
I don't wish Buhari dead and I don't get your post! I thought the BDCs which is dominated by northerners are enjoying the current forex regime.

emefiele allocate the highest share to zenith bank, those banks-zenith,first bank and UBA hoard the dollars and sell it to bdc.