By Political Animal.
“Nigeria is unfortunately in a very bad situation ,I am not going to pretend about it in the sense that we are facing problems about productivity output”–CBN Governor Emefiele.
Whatever this Government denies is the truth.
The CBN Governor admits ‘printing money’ to augment Federal and State financial position as part of CBN’s lending to the Government.
Why do they continue to deny and decieve themselves when Gov Obaseki said it all.
Governor Obaseki cannot and will not make such weighty accusations without being sure.This Government is running Nigeria into economic hell.
Meanwhile the Finance Minister said FG didn’t print, that she is not aware.
Some people were defending nonsenseooo!!
There was so much back and forth between the Finance Minister and the Edo State Governor on the issue.
Some people sided with Zainab the Finance Minister, calling Edo State Governor unprintable names
Obaseki: FG printed money to support allocation.
Finance Minister: We did not .
CBN Governor: We printed money.
Are you confused? I am not
The earlier we stop being sentimental,or because of party politics or ethnic affiliations the better for our children.Afterall the naira is loosing value everyday.
The foundation of this Government is based on lies and propaganda,for how long shall we continue like this.?
So why the initial denial by the Minister of Finance.The beginning of any reformation should not be self denial or deceit but self realisation of our limitations.
Right from the beginning of this Government,they have been lying ,
and I believe will continue to lie till it expires.
Who knows whether they may start printing “Giveaways” to party members and yet denying.
It looks like the CBN Governor is getting tired and may be saying ,let them sack me if they want to sack me.
Why don’t you resign.?
For how long shall he be retracting vomits for the Government?
We must find appropriate laws, strong laws against those in authority who mislead the masses.
We need nothing but the facts always.
“There has never in history been inflation that was not accompanied by an extremely rapid increase in the quantity of money without an inflation” –MILTON FRIEDMAN
Quantity Easing is not a problem in itself.Government all over the world use it and with the Covid19 pandemic and global recession shifting global debt to $11 Trillion,many countries CBN will be left with no option to print money to finance fiscal deficit.If that is the option you have taken why lying and denying?
I will leave you with the information about the Finance Minister ,may be you don’t know.
Her name is Mrs. Zainab Shamsuna Ahmed.Her Twitter handle is @ZShamsuna if you are on Twitter.
You may decide to appreciate or thank her for her records.
She is presiding over 18.7% inflation,43.25% youth unemployment and a naira in free fall.
The only thing our Finance Minister does is to attend Zoom sessions and give seminars at events.
How she has escaped scrutiny for so long is still shocking.
Our Finance Minister is living the baby girl lifestyle while turning the country to Zimbabwe.
How did we go from a Finance Minister that used to be at the World Bank to one who doesn’t even know what is happening under her nose.
With sky-high inflation yet she’s still in her job?
Mediocrity everywhere.
Under GEJ,it was Ngozi Okonji-Iweala who took the blame not Sanusi.
Now it is Emefiele not Zainab why?
Now that the CBN Governor Emefiele has justified CBN printing of more money which the Government was denying , would you now agree with me that whatever this Government denied is the truth and nothing but the truth.
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