NewStats: 3,261,672 , 8,174,723 topics. Date: Friday, 30 May 2025 at 04:20 AM 6e3d5r

Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

Let's Stay On Course With Our Indidual Response To This Question Below:

" Why Can't Nigeria Print Enough Money To Never Be In Debt Again ? "

Go to romance section. Because it be like you were not taught about inflation in both secondary school and tertiary

The answer is simple it will lead to hyper inflation because we are not producing country but rather consuming country. To say it in layman's language how will it feels buying a bag of rice for five million naira ?

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

For every naira we print to pay back our debts......The value of the naira will fall more.
If Tinubu wakes up tomorrow and ask them to print enough naira to pay the Debt.
$1 will become 1million naira, within 24 hours.

Do you understand ?
This section might not be for you, stay in the romance section.

Just google ‘Mugabe print money in Zimbabwe, hyperinflation’.

Mugabe did exactly what you said. The result was that a loaf of bread cost almost 4 wheelbarrows of their currency.

It was cheaper to clean up with their currency after toilet because tissue paper cost about 4 wheelbarrow. To buy a car, about 7 ships.

Funniest thread ever on nairaland.

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

Your question should be: why can't you print your own money and become stupendously rich. You are also an entity by your own right.

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

Printing money anyhow will only lead to hyperinflation and the currency losing value

This OP is really dull.

You're qualified to become a president by this very question.

You think like our leaders especially Tinubu and Buhari.

What's the name of that governor that said he'll make electricity available by installing transformers? You also think like him

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

OP.. you simply cannot do that.. it would lead to hyperinflation.. that's what happens when you have too much money in circulation chasing very few goods.

When the value of your goods and services do not match or the amount of money in circulation, this leads to serious hyperinflation a situation where your currency becomes near valueless

lordm:
This OP is really dull.

Don't blame her. Maybe she didn't do economics in school. You would be shocked at the number of people who don't understand basic economics and think exactly like her.

No need for insults. Just correct her and move on.

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

This is how mrvitalis reason too.
I won't be surprised if the OP s Obi

lordm:
This OP is really dull.

he is not dull, lots of people don't know about this

richmond500:
This is how mrvitalis reason too.
I won't be surprised if the OP s Obi

It appears throwing jabs at your teachers and lecturers gives you an instant hard-on! 😂

phantomxx:


It appears throwing jabs at your teachers and lecturers gives you an instant hard-on! 😂

lolz, I always insult both Obidients and Batists but the Obidients reacts emotionally which give me orgasm and motivates me to taunt them more.
It's boring taunting Tinubu ers

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

Lol, let's pretend you can print money with no consequences. How does Nigeria print money to pay for debt in foreign currency? Your lenders don't want naira if you borrowed in dollars.

Because our money is not in world market

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

Why can't you print invoice for car or house take it to where they sale car and take the car you want

mrvitalis:

Why can't you print invoice for car or house take it to where they sale car and take the car you want

Your analysis doesn't relate with the subject matter.

Kanixt:
Because our money is not in world market

Is it not because they still consider us as "SLAVES* ?

phantomxx:


OP.. you simply cannot do that.. it would lead to hyperinflation.. that's what happens when you have too much money in circulation chasing very few goods.

When the value of your goods and services do not match or the amount of money in circulation, this leads to serious hyperinflation a situation where your currency becomes near valueless

This is one of the most sensible comment here.

So, I'll ask you my new question.


Do You Have Any Life Proof of Any Country That Has Suffered Hyperinflation By Printing Enough Money And Adequately Allowing Them To Be Accessible To People Who Work For Them ?

The damage (inflation) caused by the 20 trillion naira Ways and Means and the rest of money printed under Mr Buhari is going to take several years more to repair.

That is why the CBN is doing all it can to bring down inflation, yet it remains stubbornly high.

If Nigeria goes on another reckless naira printing jaunt, inflation will get worse and remain so for at least 10, may be 15 years.

Naira will collapse.

A loaf of bread will be sold for N25,000, if we are lucky. If we are unlucky, may be N50,000. A bag of Cement, N100,000 or more. Petrol? At least 70% of the cars on Nigerian roads today will be permanently parked at home to rot. Petrol will simply be unaffordable.

There is hunger now. Then it will be starvation. It will be unbearable.

Ask Zimbabwe.

In Nigeria's case, ethnic blame game will reach unprecedented levels. Igbos will blame Yorubas for bringing Messrs Buhari and Tinubu. Yorubas will blame Mr Jonathan for squandering the large foreign reserve Nigeria had then. Igbos will Mr Jonathan. Everyone will conveniently blame Northerners for every bad thing that has happened to Nigeria since independence, absolving their own people of any blame. In frustration, Northerners will say they have had enough of blackmail by Southerners.

It will be chaos. Any military coup will be short lived because the military will also split along ethnic lines.

Inter tribal strife will break out. People will start moving back to their regions out of fear of civil war. One or two Southern regions will declare independence. Any attempt to hold the country together will likely fail.

All because of reckless naira printing o.

Don't say those consequences can't happen.

If any politician promises you magic in 2027, don't believe him o. There is no easy and quck way out for Nigeria. Nigeria must pay for the recklessness of its past governments. We can recover, but only if we take tough decisions now.

RevenuesBoost:


Your analysis doesn't relate with the subject matter.

Then you don't know what money actually means... Pepper money is a receipt of reserve

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

To help you understand things more, Nigeria are owing debt's in dollars, not naira, and Nigeria as a country can't print dollar, we have to either earn it through exports or borrowing from international institutions, so printing more Naira will make naira more weaker, to solve Nigeria problems, we need to have multiple ways to earn dollars outside borrowing, once we have enough dollars reserve, naira will be strong again and then we can pay off our debts.

Goldensword:


To help you understand things more, Nigeria are owing debt's in dollars, not naira, and Nigeria as a country can't print dollar, we have to either earn it through exports or borrowing from international institutions, so printing more Naira will make naira more weaker, to solve Nigeria problems, we need to have multiple ways to earn dollars outside borrowing, once we have enough dollars reserve, naira will be strong again and then we can pay off our debts.

Liked, Shared And Followed.

Nice Illustration And Potential Societal Solution.


So, What Are Some of The Best Ways That You Can Advise Nigeria To Earn More In Dollars Instead of Borrowing ?




I still have another question.

RevenuesBoost:
Don't We Have The Technology To Print Money in Nigeria To Pay Off All These Debts ?

Why Can't Nigeria Print Enough Money To Never Be In Debt Again ?



Is There Something We Are Not Telling Ourselves ?




You Can Make A Strong Sense of Why Nigeria Cannot Print Her Own Money And Why Nigerians Are Always in International Debts Through The Link Below:


https://nairaland.unblockandhide.com/8240618/uk-did-not-endorse-yoruba








It's TIME To Wise Up!

Is It Not ?


Social Media Power!

Total Freedom From The Manipulation of The Colonial Slave Masters Is What Nigeria Needs To Emancipate Ourselves From Oppressive International Politics.

Every nation has quantifiable figures in virtually every sector, that accurately captured net income and debt stock to the extent Countries have credit ratings, pegged in relation to their economic output, that affects their ability to borrow.

It is easy for the USA to work out that Nigeria produces x amount of crude daily and the income we make from that using OPEC global per barrel price. They know what we owe also.


If you therefore print money that cannot be explained by your economic output, then you may find yourself blacklisted for trying to defraud the sacrosanct consideration that a nations wealth and financial buoyancy must always be tied to it's economic output alone.

National loans are negotiated. Meaning, like me and you when we take a bank loan, Nigeria's income would have been assessed to note capacity to pay back the loan without defaulting.

Trying to use cash to instantly clear 5 billion we owe USA, and agreed to pay over 5 years , premised on our known and possible income, will raise suspicion of rogue nation conduct if Nigeria turn up one year into the loan deal to say we wish to clear the balance .

Our income was looked into when we took the loan with allowance made for realistic economic growth.

When your current economic output is worse off than when you took the loan, which is the case with Nigeria, it can only mean you are printing currency and commiting fraud against the international credit rating system which all nation must commit to preserve the integrity of.

Also, we pay foreign loans in foreign currency. If Nigeria's economy is worse and unproductive, as is the case today, which nation would accept naira for dollars loans they gave us? What would they gain accepting the currency of an economically unproductive and struggling nation in exchange for the almighty dollar?

Nation cannot/should not use the 'cheat mode' of printing money. They must commit to trying to grow their economic output. Imagine if every nation prints money to get out of debts?

One of characteristics of money: Relatively SCARCE!.....if the money is make available for everyone of us,it will loose its value....

Op take ya time.
You for seek information first at least e no go hard for you to know se the end result na hyper inflation.

kiyosaki1:
The answer is simple it will lead to hyper inflation because we are not producing country but rather consuming country. To say it in layman's language how will it feels buying a bag of rice for five million naira ?

But with T-Pain reforms, we are headed towards buying a of rice five million naira

These are the agbadoes illiterates we now have everywhere...same as buhari