I And My Team Are Not Responsible For Nigeria’s Economic Woes — CBN Governor
I And My Team Are Not Responsible For Nigeria’s Economic Woes — CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says himself and his team are not responsible for the current economic woes in the country.
He stated this on Tuesday in Abuja at the first Monetary Policy Committee (MPC) meeting since he assumed office in September 2023.
The apex bank boss, however, said the CBN is taking…
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Before May 29,2023, there’s no skyrocketing food items & commodities prices out of control arbitrary rising of prices. Food prices & commodities rising prices occurring on your watch. You threw Naira exchange rate into free floats markets that commenced depreciations of Naira values & weaken purchasing powers. It’s Cardoso’s watch!
Buhari has put too much pressure on this Tinubu administration due to his incompetent and lack of focus
But you're responsible for fixing the problem
However,going by the concept of vicarious responsility,the current CBN governor has rather gaffe by his response.
Best Efforts Basis
The Rot was there before this government of Tinubu. Corruption is fighting back be of exposure being made by CBN governor.
War of words
Is not cbn that freefall the naira?
Confidence started declining immidiately the rigged the 2023 elections so Oga there is nothing you and your team can do
This is absolutely nonesense sir. You are the wrong governor for this job. Take Naira to any other africa countries, you become more poor. Stop talking about pallative just resign.
I don't belive anything these jokers say anymore.
What a shame! look at how Nigeria has become just within a year and you miserable people still have guts to talk. So pity. Blame buhari's govt as you wish, afterall Jonathan's govt was highly criticized.But atlesat, buhari's govt was more than 100% better than this miserable and confused apc govt. under tinubu
Talk is cheap. His boss has not owned up to his monumental errors that have put Nigeria at the dangerous abyss that we find ourselves. You are not talking facts with figures, you cannot solve any fiscal problem
😂😂😂😂😂😂
Cardoso needs media mentor and strategists. Ur utterances are like this was not the same government in the last 8years. Too much generic statements. No figures to justify efforts. Nigerians are too tolerant and this is why he is talking this way. Am surprised he never mentioned waste and volume of money going into governance. Palliative is fraud, and he knows. He should mention one region in Nigeria with success in palliative. Tax are collectable when income is created for the masses. In which world is Cardoso living in. Nigerians are not illiterate, we go by logic and we see global governance styles. Why are we so different and inflicting pains to the poor.
The government have failed Nigerians.
Get NGOZI OKONJO IWUALA AS THE FINANCE MINISTER AND WATCH THE ECONOMY STABLE IN 3 MONTHS AND IN 6 MONTHS TIME, THINGS EILL GET NORMAL THE WAY AN AVERAGE NIGERIAN WILL SURVIVE.
Many have problem in understanding. He is simply saying he and his team are not the CAUSE of the current economic woes however they are part of the team to provide SOLUTION. The solution isn't coming instantly but gradual. There so many inherited factors.
Any association with a drug baron makes you a drug trafficker
If you're not responsible for the woes of this country, then we should see this present government bring every previous CBN governor and 'his team' that is found wanting in the bastardizing of this nation economy to book. Every punishment in books should be thrown at them. Meanwhile, excuses is not what we need from you lots.
One is the quality of a good leader is to take responsibility. Mr CBN you have to take responsibility else you can step down if you dont have solutions to the economic crises
Yes sir ,you are right ,but as a Manager your are employed to work and solve problems,that the research you did in the university
Has anyone asked why a country as endowed as Nigeria is struggling to maintain its corporate existence? Bogged down by endemic corruption, systemic tribalism, and intractable inertia, Nigeria is incompatible with itself. So, why don’t we agree to separate ourselves and allow everyone to go his/her own way while we still have some time on our side?
Story
Same APC govt
So why are they disturbing Emefele?
Then what's your job now, why were you put there?…
The level of incompetency
There is nothing this Mr. Confidence said that makes sense. He just spoke a lot of unnecessary grammar and said nothing that suggests any solution soon.
Saying nonsense 🙄 😒
Useless paliatives
When paliatives are passed through political party leadership…..nonsense
Nigerians….please oga if you make mistake be humble enough to resign nor change course
God punish you and your team. Did you meet naira at what it is today when you and your team resumed work at CBN.
Yes, you and your team were not responsible for the current state of things but you inherited a burden of woes that, i believe you are bent of fixing. I wish you my best wishing.
Education is stupidity in Nigeria; politics is criminalities
The CBN is of course responsible perhaps indirectly.
Instead of tinubu to hold buhari administration accountable he now put the pressure on Nigeria citizens which kind of government is this 😢
"Clueless" is the keyword here Mr. Confidence…
Policies that have wrecked the economy…
Cardoso and his principal is clueless u mean clueless team
The get out from the office
Big lie
Mr CBN Governor, you are part of the Buari regime, do the needful.
Cluelessness all over! Anyway, we were warned about this man before!
CBN president should take responsibility you sit on a seat and tells you are not capable and blaming Nigeria it's a shame
Nobody ever takes responsibility for the shitty state of Nigeria 😂😂😂.
Nothing to offer like is master tinubu 😢
If Cardoso says he’s not responsible for throwing Naira exchange rates into free floats markets, that commences depreciating Naira value & purchasing power thereby, crippling average food items & commodities prices causing hunger, hopelessness & frustrations.
The CBN governor has failed, so far. And he ashould be honest enough to admit it and change course. The fiscal policies of this government has brought us all on our knees. And he is here grandstanding. What a shame.
And who is responsible?
Oshiomole warned us about this man, he is a bank killer, not a policy maker.
This man is talking about palliative, this man does not know the how much comes in daily from all sector, and citing he said we do not control these things which he didn't mention? This person whom I just listened to has no clear plan or idea about the fail of naira.
Cardoso if you don,t know thé roll of CBN in Nigeria economy step aside. Thé Naira has turn into tôliet paper yet you are not responsable for thé Économie.
Buhari created the problem, but Tinubu and his Lagos gangs have worsened the situation.