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Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele - Politics (2) - Nairaland

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Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by vascey(m): 6:11pm On Jan 23, 2019
Even CBN is now involved in politics.

Incredible!

5 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by RZArecta2(m): 6:11pm On Jan 23, 2019
What disaster is worse than what we're facing now Emefiele ? A situation where the FG through NNPC/CBN is the only entity pumping FX into the system instead of foreign direct investors is bad enough to imagine. You people are disasters, bayajida is a cow fùcker cool

5 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Cajal(m): 6:11pm On Jan 23, 2019
Even the act atikulooting is a disaster

4 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by spokesboy: 6:12pm On Jan 23, 2019
The CBN under the watch of Emefiele and the Lifeless Prince of Daura had already caused the greatest disaster in the history of Nigeria, so we have nothing to worry about.

2 Likes 1 Share

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Enoch07: 6:12pm On Jan 23, 2019
If you say so bro.
Pls who can help me wit a song from Oliver mtukudzi titled MKURU. I love dat song o
Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by omooba969(m): 6:12pm On Jan 23, 2019
Binikingdowm:
Is this not the same guy that was bowing to buhari cabals?

Correct me if I'm wrong

What do you mean by 'bowing to Buhari cabals'?undecided

1 Like

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Kingspin(m): 6:13pm On Jan 23, 2019
Who directed you to say that? Question for CBN

1 Like

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by chrisxxx(m): 6:13pm On Jan 23, 2019
Sanusi removed ATM charges Emiefule reintroduced it. There is no way you can love Nigerians.

3 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by danot1030: 6:13pm On Jan 23, 2019
Now some demented souls will tell us that Atiku is a smarter economist.

Both Atiku and Obi are scams

2 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Npfn: 6:14pm On Jan 23, 2019
Fear apc
Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Ihsan6(m): 6:14pm On Jan 23, 2019
:The core difference between president Buhari and former Vice President Atiku is that if you leave money on the table for Buhari, you will return to the money untouched but with Atiku, you may not even find the table" -

Klaus kleinfeld
Former President and CEO Siemens AG

4 Likes 1 Share

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by kitaatita: 6:14pm On Jan 23, 2019
SageTravels:
Some people are benefit from this exchange rate. If you are earning in dollars, you will even be praying for the dollar to continue increasing. That's why they say another man food is another man poison.

Atiku's INTELS charges in dollars
Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Abeyjide: 6:14pm On Jan 23, 2019
[quote author=Splashme post=75043777]Emefiele should shut up jare.

Which other disaster will be worst than Buhari's tenure?

He wants to talk just to please
[/quote



like you don't know anything .The hatred you have for Buhari has blind folded you from know good from bad.

1 Like

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Felincous(m): 6:14pm On Jan 23, 2019
THIEF WILL ALWAYS BE THIEF NA. NIGERIANS WONT CALL YOU THIEF IF YOU ARE NOT A THIEF. WATCH ONE WAILER NOW HE WILL STILL CALL BUHARI MR INTEGRITY BECOS HE IS KNOWN FOR THAT.
Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by xandy84: 6:14pm On Jan 23, 2019
It"s crazy to hear that from CBN governor. The institution should be free for partisan politics and here we are the governor making a claim about what opposition candidate say. Nigeria has done to the dogs.













madridsta007:
[s][/s]

Another case of a destroyed institution. Isn't the CBN supposed to be non-partisan and a professional outfit focused on its primary function?

5 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by mfm04622: 6:15pm On Jan 23, 2019
madridsta007:
[s][/s]

Another case of a destroyed institution. Isn't the CBN supposed to be non-partisan and a professional outfit focused on its primary function?

Go back and read!

He said CBN is apolitical but the Bank will respond to ANYTHING in his purview. He also begged politicians not to drag the CBN into politics.

So the CBN should keep quiet while Atiku us saying CBN don't know how to manage this economy?

5 Likes 1 Share

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by celeiyke: 6:15pm On Jan 23, 2019
CBN guys make money from the current system hence the need to criticize a more viable option

1 Like

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by privatetisa(m): 6:15pm On Jan 23, 2019
Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by athaliya(f): 6:15pm On Jan 23, 2019
we need to float the naira...
Things will shoot up initially but will still find its bearing...
The current exchange rate structure is flawed, why should somebody determine the worth of my currency?
After the initial price spike, the imported goods will be soo expensive that nobody will even want to buy from china again. Slowly but surely, local markets will begin to boom and our currency will slowly get stronger so at the end, we have a strong naira and an even stronger local market.
I'm surprised the CBN governor doesn't know this or maybe somebody wants to keep getting usd for 199 special rate.

Lest I forget, why should Nigeria be waiting for dangote for them to be self sufficient in anything? This market monopoly of dangote is killing the youths. For how long will we keep doing contribution in dangote's pocket?
Never have housing become sooo expensive, now with dangote's monopoly on fertilizers, food will become more expensive. Chai


Modified
Supply of forex should not be tampered with..... or else

2 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Nobody: 6:16pm On Jan 23, 2019
RUBBISH RUBBISH RUBBISH

1 Like

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by OyiboOyibo(m): 6:17pm On Jan 23, 2019
Lamilekan1000:
Sure winning g.a.m.e available for tonight. Only high stakers should Chat me up via 090.51.88.09.49


madness
Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Nobody: 6:17pm On Jan 23, 2019
PassingShot:

Looted brain, Atiku has caused serious damage to your brain. How can the thief be thinking of selling Nigeria on OLX and some deranged kids are supporting him?
Blame no one supporting Atiku, Buhari's failure gave them reasons to do so just like Jonathan's failure gave people reason to vote anything asides Jonathan hence the emergence of Buhari.
I won't ever give my vote for Atiku but kindly give me one thing Buhari has done in the last 4 years for him to deserve a 2nd tenure, even in the midst of the various corruption scandals surrounding his government and yet he is alleged to be fighting corruption.
Lets discuss like intellectuals, my ears are open,

3 Likes 1 Share

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Muscomide: 6:19pm On Jan 23, 2019
Is the CBN Governor not meant to be apolitical?

1 Like 1 Share

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by NairaMaster1(m): 6:19pm On Jan 23, 2019
PassingShot:

Looted brain, Atiku has caused serious damage to your brain. How can the thief be thinking of selling Nigeria on OLX and some deranged kids are supporting him?

That's the only language. Everyone is a thief except Akpabio, Danbazau, Buratai, Amaechi, Tinubu, Aregbesola, Oshomhole, Ganduje etc.

What a nation and religious people.

3 Likes 1 Share

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Koolking(m): 6:21pm On Jan 23, 2019
TheSaxophonist:


“The MPC reviewed it and concluded that it would be wrong. It is as good as saying that we should go back to the era of Structural Adjustment Programme (SAP) in Nigeria,” Emefiele said.

“The implication can better be imagined. It will certainly lead to capital flight, lead to massive depreciation or devaluation of the currency and ultimately to currency crisis in Nigeria and I think we should all know that it is a road to perdition to ever go in that direction.”

“We cannot be talking about allowing import of items that can be produced in the country today, exporting jobs from Nigeria to foreign countries, and we say we have the interest of Nigeria at heart? We don’t agree with anybody. It is a wrong premise to say that you will allow imports to just flood the country just because you want to please anybody. It is not in our interest.


Politicians will promise all sort of things in their desperation for power. If you mean well for the country and the people, how can you promise free-float of import [which engenders capital flight and job loses] in an entirely consuming country when we can look inward, invest in infrastructures and encourage local production for export?

This is one of the problems of political debates, a stage managed event for bragging-right. Nigerians in their docility will nod their heads in their impending doom. We don't analyse proposals and reports. We are too lazy and religious/ethically bigotry to see beyond political presentations.

1 Like

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by Koolking(m): 6:22pm On Jan 23, 2019
vascey:
Even CBN is now involved in politics.

Incredible!

Not basically involved in politics. They analyse proposals and measure implication to economy.
Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by PassingShot(m): 6:22pm On Jan 23, 2019
Castroii:

Blame no one supporting Atiku, Buhari's failure gave them reasons to do so just like Jonathan's failure gave people reason to vote anything asides Jonathan hence the emergence of Buhari.
I won't ever give my vote for Atiku but kindly give me one thing Buhari has done in the last 4 years for him to deserve a 2nd tenure, even in the midst of the various corruption scandals surrounding his government and yet he is alleged to be fighting corruption.
Lets discuss like intellectuals, my ears are open,
His achievements are visible
1. Rail projects - Lagos/Ibadan, Warri/Itakpe, Abj/Kdn

2. 2nd Niger Bridge

3. N-Power program

4. Agricultural revolution/ Local rice production

5. Payment of backlog of pensions

Just to mention a few

6 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by madridsta007(m): 6:24pm On Jan 23, 2019
mfm04622:


Go back and read!

He said CBN is apolitical but the Bank will respond to ANYTHING in his purview. He also begged politicians not to drag the CBN into politics.

So the CBN should keep quiet while Atiku us saying CBN don't know how to manage this economy?

Not sure that the CBN which has supervised Nigeria into a recession, supervised Nigeria into a double-digit inflation, being the financial framework on which Nigeria has become the world capital of poverty, has the credibility to say it knows what it's doing. grin grin

In a sane clime, there would have been resignations and the sack.

Hence any politician, heck any literate person, is justified in proffering suggestions to what is a clear case of sequential display of incompetence by the CBN.
Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by SalamRushdie: 6:24pm On Jan 23, 2019
is this not the same CBN Governor that supritended over the worst performance of the Naira in recent history?

3 Likes

Re: Atiku’s Exchange Rate Policy Recipe For Disaster: Emefiele by lexy2014: 6:25pm On Jan 23, 2019
PassingShot:

Looted brain, Atiku has caused serious damage to your brain. How can the thief be thinking of selling Nigeria on OLX and some deranged kids are supporting him?

I hear warri port was just sold

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