Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,162,451 members, 7,850,575 topics. Date: Wednesday, 05 June 2024 at 04:23 AM |
Nairaland Forum / Nairaland / General / Politics / Has Tinubu Been Printing Naira Like Buhari? (759 Views)
Tinubu Campaign Joined CanopyCrew In EDO, No Amajiri To Give 500 Naira Like Kano / Amaechi: We Have Been Printing Money, But Swore Oath To Lie - Peoples Gazette / Dino Melaye: "Nigerians Have Been Printing Posters For Me, I've Not Done Any" (2) (3) (4)
Has Tinubu Been Printing Naira Like Buhari? by Validated: 2:46am On Mar 10 |
See attached N500 Naira note with date of 2024. If trully this was printed in 2024, then why has the government been accusing Buhari for the same sin they are committing? Could it be true that Tinubu and Cardoso are still printing money by "ways and means"? I leave you to ponder on this.
|
Re: Has Tinubu Been Printing Naira Like Buhari? by LegendHer0: 3:07am On Mar 10 |
So you don’t know CBN prints continuously to replace damaged notes and etc. Every year, CBN will print money in this way but they are simply reprinting the amount taken out of circulation due to mutilation. Then they destroy the mutilated notes and CBN do this regularly. From Obj, to Yar’adua, to Jonathan, to Buhari, you’ll see new notes from bank every year. 11 Likes 2 Shares |
Re: Has Tinubu Been Printing Naira Like Buhari? by Validated: 3:11am On Mar 10 |
LegendHer0: Oga, how much have they destroyed from the over 30T in circulation? Have they withdrawn the old notes that Buhari asked to cease circulation in Jan 2023? 1 Like |
Re: Has Tinubu Been Printing Naira Like Buhari? by Validated: 3:25am On Mar 10 |
LegendHer0: Oga, where did Obi come into the discussion? The picture shown to you is physically printed note in circulation? Was it electronic funds that ElRufai and others went to Supreme Court to stop Emefiele from withdrawing from circulation?. You are the dumbass illiterate here if you do not know. 4 Likes
|
Re: Has Tinubu Been Printing Naira Like Buhari? by LegendHer0: 4:06am On Mar 10 |
Validated: Your problem is that your brain can’t comprehend simple thing. —There is what is called “Ways and means”, that is what Emefiele did. It does not necessarily mean physical printing of money even tho it is called printing money by economists and the press. They just electronically credit government account with the loan from CBN. —For the physical money you shared on this thread. That is a normal thing because CBN prints money regularly to replace damaged notes and they only print the amount of note damaged so it can net out. So if a money is defaced, torn, or mutilated, you take it to the bank and they take it away from circulation. Banks take that note to CBN and then CBN have mechanism to destroy those notes and then reprint new notes for the same exact amount. . That is why you have fresh notes every year that some people go and withdraw in bank to spend in parties. Don’t we have fresh notes during OBJ, Yar’adua, and Jonathan too? —Elrufai went to the bank because Emefiele created new notes just like Jonathan did when they redesigned 100naira notes. But Emefiele instead fail to release the notes to create artificial scarcity. The old notes are not damaged, but he just wanted to declare them non-legal tender without printing measurable amount of new notes. It’s a different concept that what we are discussing. 8 Likes 1 Share
|
Re: Has Tinubu Been Printing Naira Like Buhari? by Ttalk: 4:21am On Mar 10 |
Validated: There is some level of hatred you get into and you destroy your thinking faculty. How can someone who lives on Nairaland, create numerous threads and participate in discussion reasons like this? It is definitely true that Nnamdi Kanu stole away the destiny of many youths that followed him. Asking whether the government prints money yearly is the dumbest question an adult should ask. 11 Likes |
Re: Has Tinubu Been Printing Naira Like Buhari? by overall90: 5:11am On Mar 10 |
See them above. The same way they defended Buhari for eight years and called anybody who dare criticize him names, but today in trying to defend Bulaba they are blaming the same Buhari for wrecking the economy . This one too will come to pass. Na here all of us dey 5 Likes 2 Shares |
Re: Has Tinubu Been Printing Naira Like Buhari? by Ttalk: 5:26am On Mar 10 |
overall90: Will you stop talking in dialect and say what people can understand? 9 Likes |
Re: Has Tinubu Been Printing Naira Like Buhari? by overall90: 5:49am On Mar 10 |
Ttalk: Not surprised. It is a known fact that you dolts are slow in understanding. Did it not take you people eight years to realize what a disaster Buhari was. Like I said, this one too will come to pass. 2 Likes |
Re: Has Tinubu Been Printing Naira Like Buhari? by Iamanoited: 6:05am On Mar 10 |
IT DOESN'T STOP HIM FROM TAGGING THE NAIRA AT N500:$1 |
Re: Has Tinubu Been Printing Naira Like Buhari? by pode(m): 6:07am On Mar 10 |
Do I know? |
Re: Has Tinubu Been Printing Naira Like Buhari? by Iamanoited: 6:11am On Mar 10 |
IT DOESN'T STOP HIM FROM TAGGING THE NAIRA AT N500:$1 ORISA37 AND TINUBU MUST CONTROL THE REQUISITIONING, ORDERING, PROCURING, STORING AND DISTRIBUTION OF THE NEW PRINTS. |
Re: Has Tinubu Been Printing Naira Like Buhari? by gaby(m): 6:18am On Mar 10 |
You guys don't even know that the guys working in Printing and Minting do whatever printing they want for themselves...lol Some burgoises even print the crumbled currency from their bedrooms. |
Re: Has Tinubu Been Printing Naira Like Buhari? by Ofunaofu: 6:33am On Mar 10 |
LegendHer0: This is the problem I always have with you. Anyone who is critical of Tinubu's decisions is automatically an Obi supporter. Can't you just make your submissions without bringing Obi and his supporters into the discourse? You are still stuck in the 2023 general elections. This is March 2024. Elections are long over, bro, and when the election is over, governance begins. 2 Likes |
Re: Has Tinubu Been Printing Naira Like Buhari? by Paraman: 7:03am On Mar 10 |
Validated:I can't believe you're this dumb 4 Likes 2 Shares |
Re: Has Tinubu Been Printing Naira Like Buhari? by jesmond3945: 7:03am On Mar 10 |
Validated:printing money in terms of ways and means is electronically done and not printing physical cash. 2 Likes |
Re: Has Tinubu Been Printing Naira Like Buhari? by Paraman: 7:04am On Mar 10 |
Validated:Dam!! And you sef go come out they abuse Tinubu If someone told you #30 trillion notes was printed, you no get common sense to tell him such a thing is not possible. I can't believe you're this shallow 2 Likes |
Re: Has Tinubu Been Printing Naira Like Buhari? by slivertongue: 7:51am On Mar 10 |
overall90: APC supporters are destructive revisionists 2 Likes |
Re: Has Tinubu Been Printing Naira Like Buhari? by Okoroawusa: 8:00am On Mar 10 |
Validated:30 trillion in circulation? Where did you get that information? Do you know what is 30 trillion? 1 Like |
Re: Has Tinubu Been Printing Naira Like Buhari? by Okoroawusa: 8:04am On Mar 10 |
Ofunaofu:Hahahaha! See Obi supporter wan use reverse psychology on us. Ask everyone on social media they will tell you who is still stuck in 2023 election. 1 Like |
Re: Has Tinubu Been Printing Naira Like Buhari? by Ofunaofu: 8:12am On Mar 10 |
Okoroawusa: Peter Obi and his supporters have since moved on. You just have to move on as well. Tinubu supporters, of which you are one, are still stuck in the elections, being confrontational and insulting anyone critical of Tinubu's decisions. 2 Likes |
Re: Has Tinubu Been Printing Naira Like Buhari? by Okoroawusa: 8:14am On Mar 10 |
Ofunaofu:Akuko mama Ngozi na ndi yard. Nwokem gbafuo here! |
Re: Has Tinubu Been Printing Naira Like Buhari? by Solomondwriter: 8:16am On Mar 10 |
Don't ask |
Re: Has Tinubu Been Printing Naira Like Buhari? by Ofunaofu: 8:17am On Mar 10 |
Okoroawusa: Typical of a Tinubu supporter Insults and abuses 1 Like |
Re: Has Tinubu Been Printing Naira Like Buhari? by mytime24(f): 8:35am On Mar 10 |
Bubu is a saint 🥱 And tinubu promise to continue frm where buhari stopped So #op u know d answer 😂 1 Like |
Re: Has Tinubu Been Printing Naira Like Buhari? by StarRida: 9:44am On Mar 10 |
This administration has printed additional 8 trillion Naira note to the ones Buhari's administration printed forget what the APC media dogs are saying in defense of thier mediocrity if you're in doubt of this please make Google you're friend 1 Like |
Re: Has Tinubu Been Printing Naira Like Buhari? by StarRida: 9:46am On Mar 10 |
Okoroawusa:Guy are you truly Igbo |
Re: Has Tinubu Been Printing Naira Like Buhari? by Dafresh: 9:46am On Mar 10 |
Ttalk:But did you defend Buhari for eight years? |
PDP North Central Settle For Dr. Philip Salawu As PDP National Chairman / Exxon, Shell, Totalenergies, And Eni Seek To Exit Nigeria Over Security And Thef / Tribunal Nulifies Senate President "david Mark's" Election!
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 37 |