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Inflation Was Lower When CBN Governors Were Economists (24071 Views)
Vickyboi205: 6:08pm On Sep 28, 2023 |
Dr clement isong was the best with Charles soludo
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RepoMan007: 6:09pm On Sep 28, 2023 |
Seun:The analyst is talking trash. Can a CBN governor adjust demand and supply volume. They can only try to manage how demand is matched to limited supply. Emefiele was doing the right thing but when politics of scapegoating is more important than performance, we get what the current is doing. I must say that this data is incomplete because he never provided data to show demand and supply level against actual supply of forex to CBN plus today, demand has been swelled by awareness of commercial opportunities via media. How many mini importers were in Nairaland under Sanausi and Soludo? What was the volume of forex needed for petrol, raw material and machinery imports? His data are partial as far as this topic is concerned. 1 Like |
discusant: 6:09pm On Sep 28, 2023 |
NativeMan1: Peter Obi does not see people here as useless. Nigerians with good senses voted for Peter Obi and he won the presidential election, as ethnoreligious bigots divided their votes between Bola Tinubu, Atiku Abubakar and Rabiu Kwankwaso. That's why INEC ditched the system of electronic transmission of votes results from after INEC saw that Obi was leading the other three with a very wide margin, Imagine in what type of country would the election umpire vow that it would not use any other method except system of electronic transmission of vote results, but after voters had cast their votes and left, the umpire went for the discarded manual transmission of votes results. It's like an election in a jungle... 2 Likes |
Chetas81(m): 6:11pm On Sep 28, 2023 |
BrickDevo:someone turn Nigeria citizen to survival |
Re: Inflation Was Lower When CBN Governors Were Economists by Nobody: 6:14pm On Sep 28, 2023 |
DrGoodman:i swear, this is companies don't take nigerians seriously. Nigerians get paid peanuts, yet over work their ass out Alot of students are about dropping out from unilag. Who is finally now labouring in vain. ![]() ![]() ![]() |
spy24(m): 6:14pm On Sep 28, 2023 |
001Lotion: There is a big gulf between marketing, looking at numbers and planning, and forecasting for a national economy |
eitsei(m): 6:14pm On Sep 28, 2023 |
DrGoodman:it is funny how you guys always make everything about Obi, if he likes he should be counting trillions, Na him business 1 Like |
adams123: 6:15pm On Sep 28, 2023 |
DrGoodman: He should come and feed the poor masses with his money or let him share money to poor masses for business. ..not to be visiting IDP camps during campaign. All our politicians are 419ners except few which I doubt. 1 Like |
001Lotion: 6:16pm On Sep 28, 2023 |
spy24:I never mentioned Marketing.. |
eitsei(m): 6:17pm On Sep 28, 2023 |
CSTRR:what if I tell you the equivalent of a CBN Gov in US is a lawyer? |
RepoMan007: 6:23pm On Sep 28, 2023 |
Vickyboi205:stop talking what you do not know in full. Was demand as high against supply under Isong and Soludo? In a highly political world were people are willing to take credit for circumstantial gains. Let data for demand vs supply be provided side by side and let's hear what Soludo could have done differently. Was it not Soludo who capitalized a dozen banks with $6 billion again? Where will emefiele or the new guy get such amount from if they decide to do same today? Lets learn to balance circumstances and expectation. |
PeachtreeReside(f): 6:23pm On Sep 28, 2023 |
My exact same sentiments!!!!! An Economist thinks of making things better and not profiting for a select few like Banker Meffyboy was doing. That being said, an enabling environment is also needed to reduce the effects of inflation. Decades ago, we should have been planning how to ensure that businesses are birthed and thrive in Nigeria. I pray the anointing and spirit of an Economist falls on the new CBN Governor. |
SmartyPants(m): 6:23pm On Sep 28, 2023 |
DrGoodman: It's only in Nigeria that those who claim to be well fed wail more than those they claim are hungry. ![]() Rest chief. |
SmartyPants(m): 6:24pm On Sep 28, 2023 |
CSTRR: Are you sure you know the meaning the you're using? What does developmental economics have to do with CBN? |
DrGoodman: 6:25pm On Sep 28, 2023 |
SmartyPants: Wail? Am not from states where they steal rice as a family business ![]()
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spy24(m): 6:25pm On Sep 28, 2023 |
001Lotion: You did, banking is majorly marketing and ing |
karkinase(m): 6:26pm On Sep 28, 2023 |
I said same thing to smone.. ants and bankers can’t make good CBN Governor .. Emefelie is a typical example
1 Like |
NAC1666: 6:28pm On Sep 28, 2023 |
Seun:That's my point. Why give monetary policy making to a banker. Bankers don't know economics,it's business they understand. Am an economist,and it's only an economist that can perform better as CBN boss. FG neglect the economist alot in this country,just because they will tell them the truth. Who is an Economist? An economist is an Expert in economy.not the banker, 3 Likes 1 Share |
SmartyPants(m): 6:29pm On Sep 28, 2023 |
DrGoodman: Well, that's the point... according to you, you have no reason to wail. So why are you wailing?? |
Fujiyama: 6:30pm On Sep 28, 2023 |
Who or what is an "economist"? Let's start from there.
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SmartyPants(m): 6:31pm On Sep 28, 2023 |
NAC1666: I think a lot of people so easily forget that the first job of the CBN is to regulate the banks. The position is made for a banker. Directing monetary policy is secondary, and in fact, it is not even complex. Banks are at the heart of the economy so the idea that a leading banker would not have a solid grasp of economics is baffling. |
VeeVeeMyLuv(m): 6:32pm On Sep 28, 2023 |
InvertedHammer: Past 4 US federal Reserve Chairmen Alan Greenspan, Ben Bernake, Janet Yellen and now Jerome Powell all American Economist! Make we just dey play, dey play, dey playoooooo.... 2 Likes 1 Share |
BrickDevo: 6:33pm On Sep 28, 2023 |
Chetas81:You don't know |
001Lotion: 6:37pm On Sep 28, 2023 |
spy24:How is banking Marketing ![]() Explain to me abeg, How Banking and Finance as a discipline relates to Marketing? |
Bukola94(m): 6:38pm On Sep 28, 2023 |
Devotedlife:Imagine if Soludo is voted has President of the Republic of Nigeria. Economy reforms and progress will be made in every ministry's. Soludo & a northerner VIP come the next general election, I want to check something.... |
CSTRR: 6:39pm On Sep 28, 2023 |
eitsei:The US is already established. It can afford to run on autopilot. Nigeria on the other hand is seriously sick. 2 Likes |
CSTRR: 6:40pm On Sep 28, 2023 |
VeeVeeMyLuv:Don't mind him. He thinks the US became what it's by appointing square pegs in round holes. 1 Like |
slowice(m): 6:42pm On Sep 28, 2023 |
People actually voted a cheat with multiple personality, a bagman, liar and forger.
1 Like |
CSTRR: 6:44pm On Sep 28, 2023 |
NOI has a PhD in regional economics. That is why she was able to acts as the minister in charge of the economy, while also acting as a finance minister. She was doing some of the duties of cbn Governor and the finance ministry at the same time. That is what an economist get you. An ant or banker is Limited. 3 Likes |
Olril18(m): 6:47pm On Sep 28, 2023 |
DrGoodman:ALHAJI Atiku is not bad to be honest. Compared to Tinubu the fraud. His age is my problem. I just wished they(Peter obi and Atiku) can work together. |
Fujiyama: 6:48pm On Sep 28, 2023 |
CSTRR: ^^^ Not necessarily. But you have a point. This question has not been settled even in advanced industrial economies. There was some controversy over the current US central bank governor because he has no degree qualifications in economics. CSTRR: ^^^ True about the understanding part. But having the degree isn't necessarily a requirement, although most developed economies lean towards someone with a doctorate in economics. But work experience sometimes tips the scale. |
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