Cut interest rates to boost economy, says Tinubu

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The National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has said the Central Bank of Nigeria should seize the opportunity of the coronavirus crisis to lower interest rates in a bid

to boost the nation’s economy.

Tinubu said the country must retreat from high interest rates “if we want investment borrowing to attain levels that actually increase private-sector growth and job creation.” Tinubu said, “On one hand, high rates are used to scare domestic investment borrowing, thus undermining income, production and consumption.

He said, “My position has always been one of reticence to foreign denominated-debt due to repayment challenges.

 

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Aluwala Ologbo.

Return all the properties and money you and your cohorts have stolen and see if economy no go boost. Talking just to sound intelligent. Nonsense man. Yeye dey smell.

Tinubu the emergency Economist cchukudebelu see your man.

Foolish man holding lagosians on hostage

Tinubu is part of this government, he should stop writing like Atiku Atiku can only make his opinions known through publication & on the side of opposition. Is this all about 2023 or Tinibu has fell apart with Buhari & consider media publication as tool to talk to president

Social distance every day why do they arrest funke akindele? Oga oo

This baba just dey show for media lately... Kilo fe occur gangan

With that your frog 🐸 eyes the most ugly man in Lagos oh he’s from Osun State Originally

Wait for your time.

My friend go and sleep How many did u cut as Lagos governor

Foolish man. Are u an economist. Interest rates for who and who. I think Nigeria should charge you more for speaking. 2023 power tussle. Fool they will mess you up you fulani fanatics

When did Tinubu become an Economist? Senseless and thief also wants to lend his voice. Idiot! So, how does that make sense when interest rate is cut but supply chain is weak? How do you boost an economy? How do you boost economy, when there is heavy reliance on foreign products?

High way criminal from zoo call Nigeria travel American let see

Say what Countries are cutting public office plus including politicians salaries in time like this and you are saying they should cut interest rate instead. Nawa

Abeg when are we going to stop all this old cargos

How, when they are hell bent on locking down everywhere collecting donations. Do they understand how economy is run?

I'm wondering why he is advising CBN to do this, when it is obvious CBN hasn't been totally independent.

To boost economy or to boost your companies and your pocket

This is one of the solutions. There are many uneducated people on this thread condemning it.

Not only interest rate. Fund for financing governance should also be cut especially that of Salary of Senate and Rep should be.....

It’s your Government Sir.

Jagaban of Nigeria. the next man in line.

Greek Gift With Eyes On 2023..✓

Tinibu the Economist

Stop till gate fee also

Baba is not making real sense as far as I am concerned. The inflation rate is going up and you are advising that they should cut the interest rate. This will further balloon the inflation rate or increase the exchange rate.

Tinubu has been in the news of late. Who wants to bet he has his eyes on the presidential ticket in 2023? Atiku is not quiet & God sparing his life, will be back with a bang. Same old faces, same old issues that will not be resolved.

How can someone ask or advise himself to reduce the inflow of money that comes to his pocket?

If he gets to the power now am sure he won’t be able to execute all his suggestions

Leave Lagos alone for free and fair elections...keep ur advice with u.

Which interest are you cutting. The economy that is on a downward spiral since Buhari took over government. The economy that is over dependent on oil. And nobody is buying oil anymore. The economy that depends on borrowing, just to pay it's civil service salary. The zoo is gone

They should start from the monthly allowance ( politicians)

Great Idea, full credit... However I'm concerned that this will mostly favours the already privileged. Unlike the established businesses with influence, SMEs do not have easy access to credit facilities. So basically it's giving a headstart to the man already in the front row.

FG advising FG. Same people using our head.

These leaders don't give a damn about us. They relaxed the curfew only because they are pushed to the wall not necessarily due to the daxt they care. Authoritarian rule in Nigeria requires the followers to yield forcibly to rulership. We don't live in an egalitarian society

See this one, as if he’s not part of them

Make this man park well

Baba just dey suggest everything but BUBU no dey look his side

Nonsense that won't make sense

When an Igbo man see this tweet

The economist Tuale sir🙌🙌🙌 Tinubu of Lagos Moya Look away🚶🚶

Now I see he is trying to make sense just to get the presidential ticket

Tell am o

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