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Take Away From Obi's Interview - Politics - Nairaland

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Take Away From Obi's Interview by Rutherford2019: 2:04pm On Oct 02, 2023
1. Devaluing the naira is different from floating the Naira..Tinubu floated the naira instead of Devaluing it.
Recall that Dele Edun told the national assembly that the real value of naira is 650 to a dollar
What Obi is saying is 'devalue the naira to its real market value and then defend it from there with export but instead Tinubu floated it with no defense
Obi is too much
Even though he's not an economist but he knows more than economist
Nigeria is missing someone

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Re: Take Away From Obi's Interview by RevDesm0ndJuju: 2:04pm On Oct 02, 2023
Obi will never ever be President of Nigeria

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Re: Take Away From Obi's Interview by SpecialAdviser(m): 2:06pm On Oct 02, 2023
RevDesm0ndJuju:
Obi will never ever be President of Nigeria
You will never make progress in your life.

2 Likes 1 Share

Re: Take Away From Obi's Interview by TemplarLandry: 2:06pm On Oct 02, 2023
Takeaways from a dullard? Hell no.
Rutherford2019:
1. Devaluing the naira is different from floating the Naira..Tinubu floated the naira instead of Devaluing it.
Recall that Dele Edun told the national assembly that the real value of naira is 650 to a dollar
What Obi is saying is 'devalue the naira to its real market value and then defend it from there with export but instead Tinubu floated it with no defense
Obi is too much
Even though he's not an economist but he knows more than economist
Nigeria is missing someone
Re: Take Away From Obi's Interview by RevDesm0ndJuju: 2:07pm On Oct 02, 2023
Rutherford2019:
1. Devaluing the naira is different from floating the Naira..Tinubu floated the naira instead of Devaluing it.
Recall that Dele Edun told the national assembly that the real value of naira is 650 to a dollar
What Obi is saying is 'devalue the naira to its real market value and then defend it from there with export but instead Tinubu floated it with no defense
Obi is too much
Even though he's not an economist but he knows more than economist
Nigeria is missing someone

Debasing the naira is simply setting an artificial rate just as Emefile was forcing the naira to remain relatively high despite FX depletion due to wrekless spending and printing of trillions of naira with nothing to back it.

Floating the naira , removes restrictions on its access thereby subjecting it to normal supply and demand forces.

The next thing now is for the economy to look in wards instead of depending on imports .

Obi is more stupid than he sounds and looks.

1 Like

Re: Take Away From Obi's Interview by RevDesm0ndJuju: 2:09pm On Oct 02, 2023
SpecialAdviser:

You will never make progress in your life.

Lolz

Define progress ?
Re: Take Away From Obi's Interview by SpecialAdviser(m): 2:13pm On Oct 02, 2023
RevDesm0ndJuju:


Lolz

Define progress ?

At least try to achieve 3 square meal a day. Dirty beggar

2 Likes

Re: Take Away From Obi's Interview by Algrin: 2:14pm On Oct 02, 2023
RevDesm0ndJuju:


Debasing the naira is simply setting an artificial rate just as Emefile was forcing the naira to remain relatively high despite FX depletion due to wrekless spending and printing of trillions of naira with nothing to back it.

Floating the naira , removes restrictions on its access thereby subjecting it to normal supply and demand forces.

The next thing now is for the economy to look in wards instead of depending on imports .

Obi is more stupid than he sounds and looks.

They'll still not learn, my brother.

1 Like

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