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Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) - Politics (3) - Nairaland

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Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Jeje247: 8:02am On Mar 08
Asonaijaaso:


And the funny thing is, he still has billions in dollars stashed away.
Make just allow old testament punishment for 5 minutes in this country. The country go reset at once

1 Like

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by 11doubledee: 8:03am On Mar 08
AerialMapper:
Please what is "Quantitative easing" sir
From online sources
"Quantitative easing (QE) is a monetary policy of printing money, that is implemented by the Central Bank to energize the economy. The Central Bank creates money to buy government securities from the market in order to lower interest rates and increase the money supply"

Thank you
Quantity easing for Africa is almost impossible o.
You want to finally destroy the country be that.
You indirectly talking about super hyper inflation.
Zimbabwe may still not recover in the next 50yrs for a single foolish act of Mugabe over 25yrs ago.
Even Putin that is the Law in Russia had to backtrack.
It's meant for very robust economies with very high level of independency.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Esthered: 8:06am On Mar 08
Salubata:
Yes! Printing note and minting coin is part of their responsibility.

Though you're saying they printed excess, that's what you meant.

The question is,
You work with CBN?
You are an higher ranking CBN staff to have known this?

The signature on the notes withdrawn on ATM terminals yesterday has Cardoso's signature. It's already in circulation.
It has nothing to do with being a CBN staff.

1 Like

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Esthered: 8:07am On Mar 08
Tap0lane:
Where is the prove to this your lie ?!

Are you Igbo ?!


Go to an ATM terminal disbursing mint and check who signed the note.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by nairamaniac: 8:11am On Mar 08
Asonaijaaso:
How can he tell them to print money and also arrest Emefiele the first day in office.

We all know you didn't ask them to print, they have messed the economy up and they

want to involve the person trying to fix it.

Please Asiwaju make sure Emefiele suffers the same way Nigerians are suffering.

Feed him watery beans.

When Toni braxton was rubbing his Nipple, I knew the Naira was in trouble

Hahahaha. How much Toni Braxton fit chop?
As in how much Emiefiele would Emiefiele need to pay her to go down there?
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Asonaijaaso: 8:13am On Mar 08
nairamaniac:


Hahahaha. How much Toni Braxton fit chop?
As in how much Emiefiele would Emiefiele need to pay her to go down there?

She is the only one you saw, i guarantee you there are a lot more.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by RexTramadol1: 8:14am On Mar 08
Sheuns:
Do you know that CBN has printed new Naira notes this year?

Yet finance minister blames the previous administration for printing too much Naira.

The pictures I attached are for the doubting Thomas.

The 1000 naira note I attached was withdrawn by me over the ATM.

If truly there is excess naira in circulation, why is the new administration printing more in less than a year in office?





Your knowledge of the subject matter is warped.



Do you know how much of the currency is being destroyed daily?


Except you expect scarcity like the days you had to pay 600 charges on 1k withdrawal.

4 Likes 1 Share

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by kenex4ever(m): 8:14am On Mar 08
When major news headlines carried the topic in 2020, deny u deny it NO.

Now it has shown how clueless u and Buhari are, now you rushing to deny it.

Only your blind followers will believe this blatant lie.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Excelll: 8:15am On Mar 08
Sheuns:
Do you know that CBN has printed new Naira notes this year?

Yet finance minister blames the previous administration for printing too much Naira.

The pictures I attached are for the doubting Thomas.

The 1000 naira note I attached was withdrawn by me over the ATM.
Oga, abeg leave this people. This has always been their style. Propaganda, lying, blame game, denying, not taking responsibility, etc. So, it isn't surprising about the sudden turn around from the statements he made back then.

If truly there is excess naira in circulation, why is the new administration printing more in less than a year in office?
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by nairamaniac: 8:16am On Mar 08
Asonaijaaso:


She is the only one you saw, i guarantee you there are a lot more.

I agree with u joooooor😁
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by blackgold2018(m): 8:28am On Mar 08
Tap0lane:
Where is the prove to this your lie ?!

Are you Igbo ?!


are you serious with your question?

Tribalistic fool. Only the poor carry tribe for head.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Eriokanmi: 8:30am On Mar 08
Sheuns:
Do you know that CBN has printed new Naira notes this year?

Yet finance minister blames the previous administration for printing too much Naira.

The pictures I attached are for the doubting Thomas.

The 1000 naira note I attached was withdrawn by me over the ATM.

If truly there is excess naira in circulation, why is the new administration printing more in less than a year in office?
You're just wasting your time. We should just endure the lies and propaganda of tinubu while his term ends. Only his gullible supporters will fall for this as usual. How an old man like him lies over everything is appalling.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 8:33am On Mar 08
kenex4ever:
When major news headlines carried the topic in 2020, deny u deny it NO.

Now it has shown how clueless u and Buhari are, now you rushing to deny it.

Only your blind followers will believe this blatant lie.
You're simply a slowpoke, you can see that the news was 4years ago when he denied the fake news yet your brain cannot read and understand, tyical wailers.

3 Likes 2 Shares

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by ddippset(m): 8:37am On Mar 08
OALandAgents:

Fact check reveals Tinubu is telling lies!
Okay

But it would be nice to see the body of that article to see if he's actually been quoted out of context like they always claim when they want to deny something.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by adrusa: 8:41am On Mar 08
Sheuns:
Do you know that CBN has printed new Naira notes this year?

Yet finance minister blames the previous administration for printing too much Naira.

The pictures I attached are for the doubting Thomas.

The 1000 naira note I attached was withdrawn by me over the ATM.

If truly there is excess naira in circulation, why is the new administration printing more in less than a year in office?


You should stay out of this kind of discussion because you really don't know what it means to "print money". Paper currencies are printed regularly to replace destroyed ones. That is not the same thing as "printing money" as an economic manouvre. Google is your friend.

3 Likes 1 Share

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Keegan: 8:41am On Mar 08
Putindbutt:

You're simply a slowpoke, you can see that the news was 4 years ago when he denied the fake news yet your brain cannot read and understand, typical wailers.

Most of them are blinded by hatred combine with hunger, they don't take their time to verify.

2 Likes 1 Share

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by kenex4ever(m): 8:44am On Mar 08
Putindbutt:

You're simply a slowpoke, you can see that the news was 4years ago when he denied the fake news yet your brain cannot read and understand, tyical wailers.
See how you dey rush to reply as if you made a major discovery. Airhead, please f**koff my mention. Go drink ur ijebu garri with the small grnd nut wey remain
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by favor914: 8:44am On Mar 08
Beverlyjean:
Damn...see liar oo... he will soon deny that he never said FG should recruit 50m youth to go into farming

I remember when he said this crap of printing more money... emefieles reply was that excess cash will create inflation ... that was why emefiele created the new naira, to curb inflation...that was why naira became scarce ... but the same evil tinubu used his influence to sell propaganda and used some bank mds to make the new naira scarce , so to force pressure on CBN to revert that policy .... to be honest , the yorubas are the reason y this country collapsed... at least we understand the hausas are majorly not educated and it makes them support along religious lines ... but the yorubas that are so called educated/ sophisticated supported a criminal ... if the hausas were majorly educated, they will never support a misfit to rule ... that is why I maintain that the yorubas are the most tribalistic tribe on earth ... with their so called education, they will rather watch the country burn as long as their own person is there ... and the sad part is that they will still make excuses for the fool they support , even when it's glaring that he is killing the economy.... reason they hate the igbos , is because the igbos have always called them out for who they are....

Just like Buhari and his Henchmen and supporters promised heaven and earth , only to destroy the country after 8yrs , this one will do same ... both never had any plans on what to do as president, they just want to be president and brag as we finally became one .... this man Tinubu has nothing to offer , just like buhari.... Buhari after 4yrs promised that there will be light at the end of the tunnel and fools kept on having hope... this foolish man is and his Henchmen are applying same exact formula.... Tinubu will finish his tenure and leave Nigeria worse than how he met it, just like his predecessor ( Buhari) did ... Obi was our last hope to salvage something out of this nation , but we missed hat opportunity due to one particular tribes tribalistic nature
Why this long nonsense epistle for a reply of March 30, 2020?

Bury that pipe fantasy, Gringory Obi will never be president of the Federal Republic of Nigeria.

3 Likes 1 Share

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by favor914: 8:45am On Mar 08
kenex4ever:
See how you dey rush to reply as if you made a major discovery. Airhead, please f**koff my mention. Go drink ur ijebu garri with the small grnd nut wey remain
March 30, 2020, typical Wailer as usual they see the truth, but will still deny it, to deceive their egos.

1 Like 1 Share

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Keegan: 8:48am On Mar 08
Putindbutt:

You're simply a slowpoke, you can see that the news was 4years ago when he denied the fake news yet your brain cannot read and understand, tyical wailers.

Here's another link from Independent newspaper.

https://independent.ng/i-never-called-for-printing-of-new-naira-notes-tinubu/

1 Like 1 Share

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 8:51am On Mar 08
kenex4ever:
See how you dey rush to reply as if you made a major discovery. Airhead, please f**koff my mention. Go drink ur ijebu garri with the small grnd nut wey remain
Who doesn't know that headless mobs do not have a brain to think. You think you can come here and be talking nonsense, Obidense.

3 Likes 2 Shares

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by favor914: 8:54am On Mar 08
Putindbutt:

Who doesn't know that headless mobs do not have a brain to think. You think you can come here and be talking nonsense, Obidense.
Just like their deceitful Oga, Useless Hypocrite, the Apga Judas/Pdp runaway.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by favor914: 8:58am On Mar 08
Keegan:


Here's another link from Independent newspaper.

https://independent.ng/i-never-called-for-printing-of-new-naira-notes-tinubu/
Cc:Kenex4ever, beverlyjean.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Mrhonesty: 9:01am On Mar 08
Why are Easterners so tribalised and you are accusing the Northerners of extreme religious bigotry. Emefiele doesn't deserve to live for jeopardizing the lives of over 200 million vulnerable people.
Obi doesn't have anything in his head to lead Nigeria.

quote author=Umueme post=128833052]Hehe


The 9 points he highlighted for the government to embark on 3 years ago has all undergone progress in the opposite. He recommended reducing this and that, doing this and that but once he entered villa, he started going in the opposite direction.

The blame is on Emefiele though, he trusted a Fulani man who BAT has bypassed to pon the blame of every single economic woe encountered in nigeria since 2015 on him

#MyOpinion[/quote]
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by OctavianAC(m): 9:03am On Mar 08
Sheuns:
Do you know that CBN has printed new Naira notes this year?

Yet finance minister blames the previous administration for printing too much Naira.

The pictures I attached are for the doubting Thomas.

The 1000 naira note I attached was withdrawn by me over the ATM.

If truly there is excess naira in circulation, why is the new administration printing more in less than a year in office?

That name of that money is a different name, that one is Oluyemi Michael Cardiac-arresto.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Umueme: 9:04am On Mar 08
Mrhonesty:
Why are Easterners so tribalised and you are accusing the Northerners of extreme religious bigotry. Emefiele doesn't deserve to live for jeopardizing the lives of over 200 million vulnerable people.
Obi doesn't have anything in his head to lead Nigeria.

quote author=Umueme post=128833052]Hehe


The 9 points he highlighted for the government to embark on 3 years ago has all undergone progress in the opposite. He recommended reducing this and that, doing this and that but once he entered villa, he started going in the opposite direction.

The blame is on Emefiele though, he trusted a Fulani man who BAT has bypassed to pon the blame of every single economic woe encountered in nigeria since 2015 on him

#MyOpinion

Lol

So emefiele did all those blunders without Buhari being aware? Do you even understand what comes out of your mouth?
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by twinpapa(m): 9:08am On Mar 08
Guy, na true you talk. I just went inside my wardrobe to check the ₦1,500 I had kept for about 3 months and discovered the cardoso name and signature on it. Sincerely APC and all its members are propagandist. If you expect Tinubu to perform anything super in his governance, then you are disillusioned. APC is the most evil political party I've ever seen
Sheuns:
Do you know that CBN has printed new Naira notes this year?

Yet finance minister blames the previous administration for printing too much Naira.

The pictures I attached are for the doubting Thomas.

The 1000 naira note I attached was withdrawn by me over the ATM.

If truly there is excess naira in circulation, why is the new administration printing more in less than a year in office?

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Paraman: 9:13am On Mar 08
Sheuns:
Do you know that CBN has printed new Naira notes this year?

Yet finance minister blames the previous administration for printing too much Naira.

The pictures I attached are for the doubting Thomas.

The 1000 naira note I attached was withdrawn by me over the ATM.

If truly there is excess naira in circulation, why is the new administration printing more in less than a year in office?
Please stop disgracing yourself grin

2 Likes

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by kenex4ever(m): 9:18am On Mar 08
Putindbutt:

Who doesn't know that headless mobs do not have a brain to think. You think you can come here and be talking nonsense, Obidense.
Teach your agbado master how to use ur social media untelligence to turn around the problems he caused in Nigeria. Poor policies
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by GEEBITE: 9:20am On Mar 08
Point (vi) Says CBN should employ Quantitative Easing (QE). Then if he is refuting this claim obviously Tinubu doesn't know QE is euphemism for literally printing of money by a reserve Bank like CBN and that will be a big shame at his level
Asonaijaaso:
How can he tell them to print money and also arrest Emefiele the first day in office.

We all know you didn't ask them to print, they have messed the economy up and they

want to involve the person trying to fix it.

Please Asiwaju make sure Emefiele suffers the same way Nigerians are suffering.

Feed him watery beans.

When Toni braxton was rubbing his Nipple, I knew the Naira was in trouble
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by RepoMan007: 9:22am On Mar 08
Sheuns:
Do you know that CBN has printed new Naira notes this year?

Yet finance minister blames the previous administration for printing too much Naira.

The pictures I attached are for the doubting Thomas.

The 1000 naira note I attached was withdrawn by me over the ATM.

If truly there is excess naira in circulation, why is the new administration printing more in less than a year in office?
There is a difference between printing new notes to replace worn out notes and printing new money(electronically and physically) to have funds with which to pay salary and do projects.

1 Like

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Asonaijaaso: 9:47am On Mar 08
GEEBITE:
Point (vi) Says CBN should employ Quantitative Easing (QE). Then if he is refuting this claim obviously Tinubu doesn't know QE is euphemism for literally printing of money by a reserve Bank like CBN and that will be a big shame at his level

quantitative easing, typically involves the central bank purchasing long-term securities, such as government bonds , from the open market. By buying these securities, the central bank injects money into the financial system, increasing the money supply. This influx of liquidity aims to lower long-term interest rates, encourage borrowing and lending, stimulate investment and spending, and ultimately promote economic growth.

Quantitative easing is often employed during times of economic downturns, such as recessions or periods of low inflation, to support the economy and prevent deflationary pressures. However, it also carries potential risks, including inflationary pressures and the possibility of creating asset bubbles in financial markets.

QE has to be backed by asset or bonds, you cant just print raw cash from thin Air.

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