Who own fx reserves? CBN
Who spent fx reserves? CBN
Spent on what? Defending the Naira
Why did the Naira need defending? Because it was weak I.e. $1: N469
Why was the Naira weak? Many reasons but a big reason was the CBN printed N23t for Buhari to spend at will without oversight
Who should have provided oversight on the printing of N23t?
Well National Assembly and Debt Management Office
So the CBN printed N23t, that made the Naira lose value, then same CBN used foreign reserves to prop up the Naira they were weakening?
Yes
Will anyone go to jail? Depends
@Truthfully83 @BenHundeyin@Princemoye1 INEC... Election was done on the 25tu of Feb., Ekiti result was registered on the 20th of Feb.
Please share to the right quarters..
I didn't vote today because I'm an ADOC staff just this night I'm under pressure to upload a fake report, Wike is really a Enemy to Nigeria
This Obiahia ward 3 Unit 014 Rivers State, please retweet
Labour party. #Arise ondo. North. Ekiti. #Uploadtheresultsnow
@HarunaBraimoh1@PeterObi He supported CBN on the Redesign of currency, but rejected the suffering that came with it. he even said their is room for improvement because it could have been done better, and pleaded that Nigerians be patient.
He outrightly condemned the suffering. As he is doing now.