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Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo (20715 Views)

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Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by GuruboiNaija: 8:04am On Nov 24, 2023
Anambra State Governor, Charles Soludo has claimed that the current administration led by President Bola Tinubu inherited a dead economy from its predecessor.

.ng recalls that the President Bola Ahmed Tinubu government had also cried out that it inherited an almost bankrupt economy from the immediate past Muhammadu Buhari administration.

Soludo, who spoke similarly on Thursday during an interview on Channels TV’s Politics Today, called on Nigerians to be patient with the current government.

He alleged that the Central Bank of Nigeria was illegally printing money, which according to him, contributed to the fall of the country’s currency.

The former CBN governor noted that the alleged illegal printing of money was a total violation of the 2007 Act governing the apex bank.

He ascribed the present economic situation in the country to alleged recklessness of the previous government, describing the economy it left behind as a dead horse.

He said, “We sat here in this country and saw the monetary authorities literally printing money.

“And to prevent us from getting to where we are today, that was why we had an explicit clause that prevented the Central Bank from lending recklessly, granting ways and means to the federal government.

“This particular government inherited a dead economy from a micro economic point of view; this government inherited a dead horse that was seen standing but people didn’t know that it was dead. I think it’s important for Nigerians to understand this.”

https://.ng/2023/11/24/tinubu-inherited-dead-economy-cbn-under-buhari-printed-money-illegally-soludo/

42 Likes 12 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by incandescentena: 8:13am On Nov 24, 2023
angry

Tinubu cause all this to the economy.


He brought Buhari APC and then brought Buhari. All of them together were clueless including Tinubu Cluelessness Pro max ⅔ right now


I will slap this clown below who's making fool of himself, saying cock and bull story to gullible fellas like him

184 Likes 20 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by richiemcgold: 8:15am On Nov 24, 2023
Only a fool doesn't know that Tinubu inherited a dead economy.

...and only a fool thinks that this economy can be revived overnight.

165 Likes 31 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by magoo10(m): 8:15am On Nov 24, 2023
When he was supporting and defending a clueless cattle pusher for 8years what was he expecting.

Soludo who was part of the past presidential economic advisory team under buhari should stop disgracing himself and the people he represents because he had the opportunity to speak then.
https://www.vanguardngr.com/2019/09/breaking-buhari-appoints-soludo-salami-sagagi-others-on-economic-advisory-council/amp/

As much as i can remember only governor obaseki spoke up when the clueless government was printing monies sharing to co thieves and carrying out deficient monetary policies.


This is what we have been telling jobless urchins and sycophants that the evil you support today will do you no good tomorrow.

171 Likes 13 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by incandescentena: 8:15am On Nov 24, 2023
richiemcgold:
Only a fool doesn't know that Tinubu inherited a dead economy

You are NUTs and wacky to the high heavens.

What nerve?!

Nonsense Hypocrisy at it peak.

You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.

182 Likes 18 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Lovemeharder(f): 8:17am On Nov 24, 2023
Of course.

1 Like

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by slivertongue: 8:17am On Nov 24, 2023
says a supporter and adviser of Buhari. But Tinubu praised Buhari for doing a good job. so both Buhari & Tinubu are disasters

112 Likes 8 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Urheadmaster(m): 8:19am On Nov 24, 2023
Thought Anambra state and the rest of the igbo regions are not part of the country.


Why's Charles Soludo talking trash tongue

5 Likes 3 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by orisa37: 8:22am On Nov 24, 2023
THE ATTORNEY GENERAL OF THE FEDERATION SHOULD PROSECUTE BUHARI AND EMEFIELE.

14 Likes 1 Share

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by idris4r83(m): 8:28am On Nov 24, 2023
Bh
Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Available9: 8:28am On Nov 24, 2023
This is now the excuse for failed leadership... buhari said the same thing

58 Likes 2 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by crossfm: 8:28am On Nov 24, 2023
Hehehe.

Una go explain taya no evidence.

When they were shouting it's my turn,they didn't try to even investigate if what they were about to snatch and run away with is good at all grin cheesy.

We don't care about what they met,they should do their Jobs and stop wailing.

APC is now blaming APC.

They said Buhari did a good job before the elections,why are they complaining now.
They even told us they will continue where Buhari stopped grin.

59 Likes 6 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Brendaniel: 8:29am On Nov 24, 2023
Tinubu inherited dead economy, from who?

From the same person Tinubu brought and supported twice into office and even bragged about it....

So why is Tinubu not proud and happy about his achievement?

Soludo thinks being loyal to these heartless human beings will deliver him president, let him go and ask Rotimi how far, when time reach they will remind him his name is Chukwuma like Amaechi same with Wike....

48 Likes 6 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Deefirm: 8:29am On Nov 24, 2023
This one just found his voice, PMB was in the office and you had immunity before he left yet you couldn't not cough.....yeye dey smell



GuruboiNaija:


https://.ng/2023/11/24/tinubu-inherited-dead-economy-cbn-under-buhari-printed-money-illegally-soludo/

23 Likes 3 Shares

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Cryofigbos: 8:29am On Nov 24, 2023
shopwiser:
you are a big fool..same Tinubu that handed over Buhari to us.. and same useless Tinubu thats

Politics is different from performance, whoever does not know that Buhari administration milked dry dis country is sick

10 Likes 1 Share

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Amigoss: 8:29am On Nov 24, 2023
Says the gbef,the problem is Nigerians forget their oppressors easily and quickly,Soludo ought to be in prison too with Emiewele and not yarning dust


“The former CBN Governor, Prof Chukwuma Soludo, unexpectedly embarked on the futile re-introduction of primary kobo coins in 2007; billions of Naira was expended on the production and the related campaign for adoption of the new coins in denominations of N2, N1 and 50K. Predictably, the coins were rejected by the public, because they commanded no real value. Ultimately, the coins were auctioned at a fraction of their original cost, even before they were put in circulation!!”

“Curiously, no one was sanctioned for this huge waste; surprisingly however, barely eight months later, Soludo came up with a fresh Agenda to produce a new currency profile that redenominated (read as redecimalzed) our currency, such that N100 became N1, while the existing N1 became one kobo coin.

.Regrettably, Soludo lumped his proposal for redenomination together with a redemptive recommendation, (to which he had, ironically, remained in denial for over four years), that part of federal allocations should be effected in dollar instruments in order to better manage the unceasing flow of Naira supply that horridly drives inflation.”

“Notably, Naira has since lost over 60 per cent of its purchase value since 2007 as a result of double-digit inflation and Naira depreciation
.


https://www.google.com/amp/s/www.vanguardngr.com/2019/05/kobo-coins-and-failed-monetary-strategy/amp/

11 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by ceejayluv(m): 8:29am On Nov 24, 2023
Same Tinubu foisted Buhari on us and supported him for the 8 year Fiasco. Talk of shooting oneself in the foot.

24 Likes 1 Share

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Antoeni(m): 8:29am On Nov 24, 2023
Buhari Was Just Too Dull For Governance

13 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by ENDTIMEISNEAR: 8:29am On Nov 24, 2023
APC criminals inherited Dead Economy from the same APC criminals grin grin grin grin grin grin grin cheesy cheesy cheesy cheesy cheesy cheesy Thiefsssss

33 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Dotherightthing: 8:29am On Nov 24, 2023
True!

Buhari was a catastrophe!!

Unfortunately, no Buhari, no Tinubu!!! embarassed

7 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Kingozymandias(m): 8:30am On Nov 24, 2023
So it's now he knows right?

Pigs will start insulting Buhari while exonerating this criminal called tinubu.

Wait and watch out for the grunts and oinks

13 Likes 1 Share

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by idris4r83(m): 8:30am On Nov 24, 2023
APC inherited APC

16 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by ghiloman28(m): 8:30am On Nov 24, 2023
The hate and dead brain children are crying already because soludo says what they don’t want to hear grin

1 Like

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by slimjohn2k5: 8:30am On Nov 24, 2023
To me Buhari tried self.
Economy was fair with subsidy.
But now no subsidy, and economy is in shambles

7 Likes 1 Share

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by NaijaCover(m): 8:30am On Nov 24, 2023
Hmmmmmm

2 Likes 1 Share

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Splashme: 8:30am On Nov 24, 2023
I remember when Edo State governor, Godwin Obaseki raised the alarm 3yrs ago about Buhari's govt secretly printing money ... and some mumu APC miscreants here on Nairaland were insulting him.

Lol, foolish APC zombie supporters
.

30 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by b0rn2fuck(m): 8:30am On Nov 24, 2023
He inherited a dead economy but why did he buried it quickly. Na him invite buhari to murdered the economy in the first place so he can buried it once and for all

9 Likes 1 Share

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Dyfynezz12(m): 8:30am On Nov 24, 2023
Yea that's true,
But he is not acting broke except in policies that will bring more hardship to the masses

6 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Chetas81(m): 8:31am On Nov 24, 2023
I STILL BLAME THOSE FOOOOOOLISH NIGERIANS, WHO REFUSED TO IDENTIFIED THE GOOD AND THE UGLY, PEOPLE GOING TO OCCUPIED THE GOVERNMENT HOUSE IN NIGERIA

7 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by verybadmouth(m): 8:31am On Nov 24, 2023
Illiterate people on Nairaland will not read to understand the reason for what he said, they'll just be cursing and wailing.

5 Likes

Re: Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo by Opanka44(m): 8:31am On Nov 24, 2023
Things dey happen for this country I swear

6 Likes 1 Share

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