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Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) - Politics (4) - Nairaland

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Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 9:51am On Mar 08
kenex4ever:
Teach your agbado master how to use ur social media untelligence to turn around the problems he caused in Nigeria. Poor policies
Ipob, what business do you have with Nigeria?

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Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by callthefred: 9:55am 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The 1000 naira note I attached was withdrawn by me over the ATM.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?

Do you really want a sincere answer and want to be fed propaganda? If you want a sincere answer, then the truth is CBN confiscates old and bad notes and hence there's a need to replace them..the printing new more notes is different from replacing old notes. The pictures you posted are replacement notes.

1 Like

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Beverlyjean(f): 9:57am On Mar 08
favor914:
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.

Another tribal bigot as I said...Nigeria should rather burn down, as long as our tribe is in power , instead of given another tribe a chance since we have failed ... Mr man , ur tribe is the most tribalistic tribe in this world and u all will end up shooting yourselves in the foot cos u all will reap what u sow
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Beverlyjean(f): 9:58am On Mar 08
Shimbo96:
I didn't bother to read your nonsense because I already know where you are going? You need help. You are typing from a 1gb RAM phone to wail about Yoruba people but you still don't know you are your own problem.Smh😏

Ur trine is the problem of this country , bitterness, wickedness envy jealousy...just same trait that made God throw down ur god sango from heaven ... descendants of the fallen angel , so no surprise
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 10:05am On Mar 08
Beverlyjean:


Another tribal bigot as I said...Nigeria should rather burn down, as long as our tribe is in power , instead of given another tribe a chance since we have failed ... Mr man , ur tribe is the most tribalistic tribe in this world and u all will end up shooting yourselves in the foot cos u all will reap what u sow
Your tribe is the most incompetent ever, ibo had been head of state and president before, what did they achieve?..Nothing!. Even with your region being the smallest, all of you dey run out of there like war refugees into other regions. keep quiet and get out.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Beverlyjean(f): 10:10am On Mar 08
Putindbutt:

Your tribe is the most incompetent ever, ibo had been head of state and president before, what did they achieve?..Nothing!. Even with your region being the smallest, all of you dey run out of there like war refugees into other regions. keep quiet and get out.

Igbo man have never ruled... we know how u tribal bigots operate ... u think we care if igbo man rules or not... let hunger keep on dealing with ur tribe ...at least it will reduce ur population
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 10:16am On Mar 08
Beverlyjean:


Igbo man have never ruled... we know how u tribal bigots operate ... u think we care if igbo man rules or not... let hunger keep on dealing with ur tribe ...at least it will reduce ur population
Ibo man has never ruled, says a kid of less than 12years. When you get home, ask your father to enlighten your ignorance.
No be una parent dey sell pikin to chop, dey play.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by mikeapollo: 10:17am On Mar 08
deji17:
Tinubu: I Did Not Urge FG to Print New Naira Notes

3 Years ago
March 30, 2020.


https://www.thisdaylive.com/index.php/2020/03/30/tinubu-i-did-not-urge-fg-to-print-new-naira-notes


(iv) Quantitative Easing....this means printing of money in macroeconomics!
Why is telling lies and denying what he said?
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Beverlyjean(f): 10:22am On Mar 08
Putindbutt:

Ibo man has never ruled, says a kid of less than 12years. When you get home, ask your father to enlighten your ignorance.
No be una parent dey sell pikin to chop, dey play.

U are foolish to think igbo ruled ..or u wanna count Aguiyis 6months interim government as igbo man ruled ... u are not normal
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Zeebuy: 10:34am 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

The Yoruba tribe has never, and will never, get over their primal ethnic bigotry. They're ready to support the devil if they feel it'll be to their advantage
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Educhelssy: 10:35am On Mar 08
Lol this right here with the currency isn’t what it implies printing currency to support spending and expenditures

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?

1 Like

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 10:37am On Mar 08
Beverlyjean:


U are foolish to think igbo ruled ..or u wanna count Aguiyis 6months interim government as igbo man ruled ... u are not normal
Slowpoke, i thought you said no ibo man ruled. Murtala ruled for 7months. tell your father to teach you history, little mofo.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Believeintruth: 10:41am 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

shut up
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by indigenous234(f): 10:45am On Mar 08
Mumu man💯... Same way Fashola did not say "any serious govt can address power problem in just 6 months". Bunch of clowns. Of all the political elites, only Peter Obi stands tall and different from the lot.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Bigseven(m): 11:08am On Mar 08
Somebody talk say PERSON WEY BUILD LAGOS DEY SCATTER NIGERIA LOL grin
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by HNICEARTH: 11:09am On Mar 08
Lying liar. Thank God for the internet. Everything you said, was documented
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Beverlyjean(f): 11:22am On Mar 08
Putindbutt:

Slowpoke, i thought you said no ibo man ruled. Murtala ruled for 7months. tell your father to teach you history, little mofo.

Senselessness is inscribed in ur DNA , if you consider Aguiyis interim government as genuine rule...u for also talk say shonekan rule follow for ruling
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by commoditiesnig: 11:52am On Mar 08
JerryJJZ:


Do you know there is steadily destruction of mutilated Naira everyday at the CBN. The Naira destroyed shouldnt be replaced? Truly, educated illiterate jumping on issues they have no idea about and making it look like they are know-all Awon gbajue gbogbo.
Don't mind that fellow.. Either he is ignorant or just mischievous!

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Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Putindbutt: 11:59am On Mar 08
Beverlyjean:


Senselessness is inscribed in ur DNA , if you consider Aguiyis interim government as genuine rule...u for also talk say shonekan rule follow for ruling
Ignorant mofo, how can you say Aguiyi ironsi was interim?, he had full powers, made decrees, changed the structure of the country into unitary until he was overthrown, he wasn't the only one to be overthrown. Sonekan ruled too before being pressured to handover. And that's why he's part of head of council meeting till he died. Once again, go meet your father to teach you history.

1 Like

Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by kenex4ever(m): 1:08pm On Mar 08
Putindbutt:

Ipob, what business do you have with Nigeria?
oduduwa republic, thesame business u have but a more reasonable one.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Vision101(m): 3:48pm 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?
Funny man... hahaha. Printing new notes in economics palace means the CBN granting the government ways and means by allowing the government to draw down on credit that is not backed by production.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by GEEBITE: 5:34pm On Mar 08
You assume I dont know this. The key word is Euphemism. Nigeria practically couldnt try that aspect of QE during the period of Covid. It was just basically credting account of Goverment or its agencies not tied to any securty or bond. Why was Buhari Govt looking for last minute approval for 22 Trillion naira from the senate.
Asonaijaaso:


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.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by dealslip(f): 6:05pm 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?
Don't be a dull economist. Whose signature were you expecting to see after a year of a new government. The old and ragged notes that CBN destroys don't you know it will be replaced and the signature of the sitting governor will adorn the new ones. You guys can be very exasperating walahi!!!
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Asonaijaaso: 8:05pm On Mar 08
GEEBITE:
You assume I dont know this. The key word is Euphemism. Nigeria practically couldnt try that aspect of QE during the period of Covid. It was just basically credting account of Goverment or its agencies not tied to any securty or bond. Why was Buhari Govt looking for last minute approval for 22 Trillion naira from the senate.

My friend, I am actually happy to discuss with people like you. Because sometimes i wonder if there are people in Nigeria that can see beyond the hoodwinking the government tries to do every now and then.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Asonaijaaso: 8:06pm On Mar 08
Believeintruth:


shut up

Okay Sir.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Bayajjidda: 9:03am On Mar 09
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?

He has posted proofs, what do you have to say about the proofs?
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Annahh(f): 12:52pm On Mar 10
Esthered:

Go to an ATM terminal disbursing mint and check who signed the note.
Happy Sunday ma, how is work and FMAP, please I have some questions about FMAP.

1)Can I apply for FMAP with CIBN certificate
2)What is the Age limit?
3)Which professional certification did you use to apply?
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Deogratiasfx: 1:13pm On Mar 10
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

He actually didn't say 50M youth would recruited into farming. He said 50M Youths would be recruited into the army. And be fed with Agbado and cassava.
Re: Tinubu: I Did Not Urge FG To Print New Naira Notes (March 2020) by Deogratiasfx: 1:17pm On Mar 10
callthefred:


Do you really want a sincere answer and want to be fed propaganda? If you want a sincere answer, then the truth is CBN confiscates old and bad notes and hence there's a need to replace them..the printing new more notes is different from replacing old notes. The pictures you posted are replacement notes.

Na only them and God know exactly wetin happen o.

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