NewStats: 3,261,378 , 8,173,836 topics. Date: Thursday, 29 May 2025 at 04:48 AM 1m6vp

6z3e3g

It's Not Our Intention To Defend The Naira - Cardoso Speaks On Foreign Reserves - Business (2) - Nairaland 422w1g

It's Not Our Intention To Defend The Naira - Cardoso Speaks On Foreign Reserves (29699 Views)

(4)

Go Down)

PulaPower: 10:20pm On Apr 17, 2024
Wrong headline..
elpochas: 10:20pm On Apr 17, 2024
[quote author=Bliztzer post=129495214]

E be like say dem don scam us again. So naira go fit dey fall again anytime so

1 Like

ehissi(m): 10:20pm On Apr 17, 2024
Ee
lexy2014: 10:20pm On Apr 17, 2024
Ikemba007:
Why mentioning everything publicly?

its already public knowledge

3 Likes

Tokskob2008: 10:21pm On Apr 17, 2024
All this jargons no consign common man for street, na make price of stuffs for market dey affordable be the main thing.

4 Likes

HugoBoss10(m): 10:21pm On Apr 17, 2024
In other word they have no better option than to defend the naira.
So why criticizing Emefiele all these while

4 Likes

LegendHero(m): 10:22pm On Apr 17, 2024
Nice one.

He clearly said toward the end of the video that CBN is not defending any naira and that the shift witnessed in the FX reserve is normal. He even said the FX reserve will increase in the coming days as they have $600m that entered.

God bless Cardoso.

10 Likes 1 Share

ukoshadi(m): 10:22pm On Apr 17, 2024
Anti Nigerians will not like this news. They want the Economy to fail so their negative assertions can be proven. Empty barrels

5 Likes

OnionBandit(f): 10:22pm On Apr 17, 2024
Agulu economists will not watch this interview

2 Likes

Ofunaofu: 10:23pm On Apr 17, 2024
They are back at doing the same thing they maligned and castigated Emefiele for.

3 Likes

vengertime: 10:23pm On Apr 17, 2024
Tinubu the criminal will finish all our reserves for him and his fellow thieves

4 Likes

erniok(m): 10:24pm On Apr 17, 2024
charleymed:
It seems I don't understand English anymore.
What is he actually saying?
He said drop in reserve had nothing to do with defending the naira. The drop had to do with meeting obligations to maintain credibility.

4 Likes

Ofunaofu: 10:24pm On Apr 17, 2024
OnionBandit:
Agulu economists will not watch this interview

What is there to watch. An embarrassing interview by the patch patch CV CBN governor

2 Likes

NOETHNICITY(m): 10:24pm On Apr 17, 2024
Alexlalax1:
Una go explain tire. Government of propaganda, for propaganda and by propaganda. Una go soon run the country down.....make una kwantinue.
This explanation is not for you. You are too dumb and too cursed to deserve any explanation.

The explanation is for those of us who believe in this government. We deserve to know what they are doing.

5 Likes 1 Share

favor914: 10:25pm On Apr 17, 2024
naijaboy756:
The government or its ers
Who is stupider
Quite obvious that you are the one.

3 Likes

Skyehigher1: 10:25pm On Apr 17, 2024
You can continue to defend it sir we really understand you and appreciate you sir because we have enough dollars to come in to our Treasury from nnpcl, nimasa, immigration, and more mdas

2 Likes 1 Share

tnerro1(m): 10:26pm On Apr 17, 2024
Any magic you do that does not reduce the price of goods and services is null and void.

You go explain tire

3 Likes

favor914: 10:27pm On Apr 17, 2024
Ofunaofu:


What is there to watch. An embarrassing interview by the patch patch CV CBN governor
Your brain dey deceive you as usual.

2 Likes

Angelfrost(m): 10:27pm On Apr 17, 2024
At this point, no one has a choice but to take your word for it...!

I wish you guys success in your economic moves to salvage the nation.

Your success is Nigeria's success!


Still, the truth must be told... This nation must massively move towards self-sufficiency to beat the economic drop.

5 Likes

CrossRhodes: 10:27pm On Apr 17, 2024
charleymed:
It seems I don't understand English anymore.
What is he actually saying?
What every sane person has been saying...they are depleting the dollars in the reserve, the naira gaining is artificial, E go soon crash like humpty dumpty.

If you have dollars hold am tight ooo.

All politicians are holding dollars tight too, even president hold dollars.

2 Likes

NinjaMetahuman: 10:28pm On Apr 17, 2024
LAXconfidential:
So basically, it's not your intention but you're doing it anyway. Okay.
Bliztzer:


E be like say dem don scam us again. So naira go fit dey fall again anytime soon.


The video is not even that long

Watch it and stop reacting to topics like a dunce.

3 Likes

NewDea4: 10:28pm On Apr 17, 2024
nlfpmod:

https://www.youtube.com/watch?v=LUF3Ule4j04?si=VfgDlxZPXcc2y3tI



Imran Muhammad

These guys are just a bunch of clowns and stupîd people

2 Likes

favor914: 10:28pm On Apr 17, 2024
CrossRhodes:

What every sane person has been saying...they are depleting the dollars in the reserve, the naira gaining is artificial, E go soon crash like humpty Dumpty.
Quite obvious you did not listen to him, maybe the sound for your phone no dey work?

3 Likes

fortune1968: 10:29pm On Apr 17, 2024
Alexlalax1:
Una go explain tire. Government of propaganda, for propaganda and by propaganda. Una go soon run the country down.....make una kwantinue.
People like you are already put into shame . Better open your eyes to see good things .

4 Likes 1 Share

favor914: 10:31pm On Apr 17, 2024
NewDea4:


These guys are just a bunch of clowns and stupîd people
Then I wonder what a nonentity will you say about yourself?

2 Likes 1 Share

seguntijan(m): 10:33pm On Apr 17, 2024
PBAT istration met $34 billion in our foreign reserve June 2023.

Off the top of my head :-
-This istration paid $500 million Eurobond in July 2023.

-Paid external debt in Q4- : $900 million

-Paid CBN legacy debt of $7 billion

-Paid ways and means debt of $4 billion

That is $12 billion.

I am aware the government also paid $1 billion to the USA government for weapons in November 2023

We don’t know how much credit line and importation has been paid for. We are yet to see what the government paid for external debt in Q 1 2024.

But let’s cry, because we have a $32.5 billion in our reserves. $1.5 billion drop from where this istration met it despite over $12 billion expenditure.

Poor reserve 😪😪😪😪. The government chose to defend the Naira instead of attacking the Naira

2 Likes

LandMann: 10:33pm On Apr 17, 2024
D

2 Likes

OnionBandit(f): 10:34pm On Apr 17, 2024
Ofunaofu:


What is there to watch. An embarrassing interview by the patch patch CV CBN governor
you will drown in your tears eventually

Miserable haters

1 Like

tollyboy5(m): 10:35pm On Apr 17, 2024
Alexlalax1:
Una go explain tire. Government of propaganda, for propaganda and by propaganda. Una go soon run the country down.....make una kwantinue.
Na you go run down grin

2 Likes

Bliztzer: 10:35pm On Apr 17, 2024
NinjaMetahuman:




The video is not even that long

Watch it and stop reacting to topics like a dunce.

No be u go tell me to watch or not. What if I watched it and decide to opinionate that we have bn scammed. How does it affect you as a singular person.

When I made my comment, I didn't insult anybody so don't call me dunce because of Nigerian unsolvable problematic equations.

1 Like 1 Share

Yankee101: 10:36pm On Apr 17, 2024
You’re already doing it

1 Like

JAOS(m): 10:36pm On Apr 17, 2024
government of shame

2 Likes

Reply)

PHOTOS: Leather Inception Mission In Sokoto Is Full Swing

(Go Up)

Sections: How To . 24
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.