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Tinubu Moves To Clear $10bn Forex Backlog - Politics (2) - Nairaland 275gc

Tinubu Moves To Clear $10bn Forex Backlog (27400 Views)

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Dsimmer: 4:06pm On Oct 23, 2023
Salewa97:
Omo e get as e be for Tunubu.

He can’t condemn the past government because it’s his party. So baba just inherited all the asset and liabilities that comes with it.

I am confident he will steer through the murky waters.

True.
fidel2(m): 4:07pm On Oct 23, 2023
cjudy:
grin

Oga how far about una Refinery that you promised will work by October?

Nigerians forget so quick. So now una don forget the Refinery and focus on student Loan. January will come and go and no student loan.

This one self will come and go and nothing will happen.


Sorry to burst ur bubble the refinery will not be kicking off anytime soon due to material mismatch and other logistics.

Thank God for my life
Re: Tinubu Moves To Clear $10bn Forex Backlog by Nobody: 4:14pm On Oct 23, 2023
Yinmu!
zionstaar75: 4:15pm On Oct 23, 2023
cjudy:
grin

Oga how far about una Refinery that you promised will work by October?

Nigerians forget so quick. So now una don forget the Refinery and focus on student Loan. January will come and go and no student loan.

This one self will come and go and nothing will happen.

Nigerians very docile people.

Thank God for my life
you smell like a biafran, modular Refinery has been completed in Delta state. Google it before coming here to spill trash

2 Likes

frankyychiji(f): 4:18pm On Oct 23, 2023
LoL

A town hall different from balablu bulaba blublublu
cjudy(m): 4:18pm On Oct 23, 2023
zionstaar75:
you smell like a biafran, modular Refinery has been completed in Delta state. Google it before coming here to spill trash
I know anyone who doesn’t your god is a Biafra but unfortunately I’m not from the South East. Sorry about that.

Back to your comment, your Refinery have be completed on google right? Because we are not seeing or hearing the update here.

1 Like

princeade86(m): 4:19pm On Oct 23, 2023
EmeeNaka:
During Buhari, we kept hearing, " Buhari to, Buhari will" etc.
Now it is , " Tinubu moves and etc".
this time, na move. Not will. Lol. Nigeria politicians are scammers
Babastrong(m): 4:19pm On Oct 23, 2023
Our ancestors have cursed us(nigerian). may be during the Biafra war or june 12 annulment.
Yestogood: 4:19pm On Oct 23, 2023
CodeTemplar:
Multifaceted borrowing with many technical names. Buhari did his best and left us reeling.

I sincerely believe Buhari set out deliberately to sabotage Nigeria.

1 Like 1 Share

Re: Tinubu Moves To Clear $10bn Forex Backlog by Nobody: 4:20pm On Oct 23, 2023
Very good move! This will empower the confidence of foreign investors to come and invest their funds!

1 Like

Goldenchyke(m): 4:20pm On Oct 23, 2023
How would this put food on the table of the common man?

We're no longer in election campaigns.
israelmao(m): 4:21pm On Oct 23, 2023
Tinubu is still groping in the dark as regards the management of monetary and fiscal policies of Nigerian economy.
frankyychiji(f): 4:22pm On Oct 23, 2023
zionstaar75:
you smell like a biafran, modular Refinery has been completed in Delta state. Google it before coming here to spill trash
While you smell like an aaslicker at the lowest rung of the ladder. If you know something others don't know, you either educate them or shut your buccal cavity.

Walter Smith modular refinery is the biggest and it's in Biafra land!
frankyychiji(f): 4:23pm On Oct 23, 2023
pineed:
Very good move! This will empower confidence of foreign investors
Girama grin

This will empower wtf? grin
Re: Tinubu Moves To Clear $10bn Forex Backlog by Nobody: 4:27pm On Oct 23, 2023
Goldenchyke:
How would this put food on the table of the common man?

We're no longer in election campaigns.
.
Lol.. Are being mischievous or simply ignorant?!

Simple answer: when FX backlogs are cleared to foreign investors, it will give CONFIDENCE to both them/EXISTING and NEW investors to set up new companies, factories, production plants, construction industries..

Thereby leading to thousands of new jobs, people get employed thereby putting food on their table.

I hope that answers your question. πŸ˜‰

1 Like

koladata(m): 4:30pm On Oct 23, 2023
when ever this man is facing one major court case, he will start promising the whole world
Re: Tinubu Moves To Clear $10bn Forex Backlog by Nobody: 4:30pm On Oct 23, 2023
frankyychiji:
Girama grin

This will empower wtf? grin
Lol.. You never hear of "empower" before? Abi na Npower you think?

It means to Strengthen! The confidence of Investors can either be Strengthened or weakened by Govt. initiaves..

Abeg go better school! πŸ˜‚
Funkyswagzz(m): 4:31pm On Oct 23, 2023
EmeeNaka:
During Buhari, we kept hearing, " Buhari to, Buhari will" etc.
Now it is , " Tinubu moves and etc".

They are always on the move πŸ˜‚πŸ˜‚πŸ˜‚πŸƒπŸƒπŸƒπŸƒ

$10 billion backlog with which money
DanAugust2021: 4:32pm On Oct 23, 2023
ijustdey:


https://thenationonlineng.net/breaking-tinubu-moves-to-clear-10bn-forex-backlog/
Kai, Emefiele and Buhari did Naija SHEGE. It may take Nigeria and Nigerians more than 10 years to come out of this mess.

1 Like

ruffDiamond: 4:32pm On Oct 23, 2023
cjudy:
grin

Oga how far about una Refinery that you promised will work by October?

Nigerians forget so quick. So now una don forget the Refinery and focus on student Loan. January will come and go and no student loan.

This one self will come and go and nothing will happen.

Nigerians very docile people.

Thank God for my life
most dumbest people on God Earth.!... they get so easily divided, confused, sometimes undecided,distracted! Forgetful(chronic amnesia) ,babangida once said Nigeria is any dictator,despot paraddise! That's why the likes of buhari succeeded in ruling Nigeria again! without so much as basic education.now, we've got an ex- drug mule and certificate forger as Dem PresiDIot again! the people truly deserve whatever kind of leader they got! especially the youths!
Ayoola171(m): 4:33pm On Oct 23, 2023
That will be fine

You don't have to pay all the money once; before you become a house owner.

With N5million initial deposit while you spread the balance for up to 12 months, you will be a proud owner of 3 Bedroom Bungalow at Treasure Hilltop Estate Alagbado.

You don't have to pay N25million outright before you own a house.

This opportunity also save you the stress of building from the scratch.

Take Advantage Now.

https://www.youtube.com/watch?v=3sz5rp8KsC4?si=2BEK_LVnIzEBMYy0
Re: Tinubu Moves To Clear $10bn Forex Backlog by Nobody: 4:34pm On Oct 23, 2023
DanAugust2021:
Kai, Emefiele and Buhari did Naija SHEGE. It may take Nigeria and Nigerians more than 10 years to come out of this mess.
I tell you bro..

1 Like

BoldBrainz(m): 4:35pm On Oct 23, 2023
cjudy:
grin

Oga how far about una Refinery that you promised will work by October?

Nigerians forget so quick. So now una don forget the Refinery and focus on student Loan. January will come and go and no student loan.

This one self will come and go and nothing will happen.

Nigerians very docile people.

Thank God for my life

Some nairalander was intensely arguing with me here sometime in August about the feasibility of the Port Harcourt refinery commencing operations in October. He was so vested in the argument that he threw in some slurs in the process even.

I told him something very simple: The Port Harcourt refinery cannot and will not commence operations in October. I've been there myself and seen the work in progress. Even if by some stroke of miracle that place is ready by November, it won't get crude to refine until January. There are certain crude oil obligations Buhari and Mele Kyari got entangled in that saw them getting loans in exchange for months of crude that hasn't even been extracted from the ground. Tinubu's government has no choice but to honour those obligations and supply crude to those creditors until at least the end of October.

Dangote just might begin refining by the end of November, but you see that Port Harcourt refinery? Not a single drop of refined products is going to come out of it until next year.
frankyychiji(f): 4:36pm On Oct 23, 2023
pineed:

Lol.. You never hear of "empower" before? Abi na Npower you think?

It means to Strengthen! The confidence of Investors can either be Strengthened or weakened by Govt. initiaves..

Abeg go better school! πŸ˜‚
Buhahaha πŸ˜„πŸ˜€πŸ˜€πŸ˜€


I hope this will "empower your confidence" too. πŸ˜ƒ
todugo(m): 4:36pm On Oct 23, 2023
🚨 Nigerian government always treating symptoms instead of the disease. We need exports and not imports for the economy to grow. This is only temporary solution.
This issue will comeup again if we continue doing the same thing and expect change. Naija my country🀦
MT: 4:37pm On Oct 23, 2023
cjudy:
grin

Oga how far about una Refinery that you promised will work by October?

Nigerians forget so quick. So now una don forget the Refinery and focus on student Loan. January will come and go and no student loan.

This one self will come and go and nothing will happen.

Nigerians very docile people.

Thank God for my life

He said in December , not October.

If the only thing that excites you is bad news about Nigeria, then you will NEVER eat the fruits of the land. This applies to anyone
Way4orward: 4:37pm On Oct 23, 2023
Meaning? Bags of rice will be 8k
Irony1: 4:38pm On Oct 23, 2023
Raskimonojendor:

Direct your question to RMAFC. The RMAFC (an independent body) is saddled with the responsibility of determining the remuneration packages appropriate for political, public, and judicial office, or better still your Labour Party member in the HOR. You would get a faster response.



Ps: Good job Mr President.

Oga just have shame and shut up.
flyinnizam(m): 4:40pm On Oct 23, 2023
na so so move we dey hear. someone that can not move himself down from a 3 storey building with stairs nai wan move naija
grandstar(m): 4:41pm On Oct 23, 2023
"Tinubu said: β€œThe private sector is encouraged to bring their ideas, leadership, and capital to build a hopeful future. I am confident that by working closely with all of you in the private sector, financing our $3 trillion National Infrastructure Stock can be achieved in 10 years and not in 300 years.

β€œBuilding megacities in every geopolitical zone of the size and scale of Lagos must not take us another six decades. We can do it in one decade. A fully networked and connected Nigeria by rail, gas, fibre optics and road network can be constructed in less than 20 years. Establishing thriving Industrial zones in every part of Nigeria is possible before 2030.”

Rather than have such grandiose plans, why not just focus on having fast growth rates of 8-10% annually for a decade or more?

It is bound to backfire if it isn't possible.

1 Like

TheKingsmann(m): 4:43pm On Oct 23, 2023
Thief-nubu πŸ˜‚πŸ˜‚
Rhassidy360: 4:44pm On Oct 23, 2023
Honourable1901:
Man wey Sabi, he should first collect the ones stolen by atiku
You're from pluto

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