Posts Tagged ‘CBN’


Many in this part of the world say they don’t like money but their attitude shows they worship the paper more than their God. It would be okay for us to acknowledge that we want to fulfill our needs rather than the fake feelings we show.

In recent years, the CBN governors have helped our economy in a little way while they’ve been interested in governance and cheap publicity. Instead of being holed up in their office thinking of positive economic reforms rather than all this patch-the-hole approach. Seems the poverty mindset has affected the office and they prefer to neglect their responsibilities.

 

Money is freedom so it’s the amount of freedom we enjoy that brings enough money to the table. The rich have a small circle where they devise ways of making money in their ‘spare time’. The paper is only a legal tender to run transactions and the deals we sign determines how long it will stay with us.

Making the cheddar depend on your relationship level in the societal chain depend if you at the bottom, middle or at the top. Traditional education and job security are the last thread of the industrial age, their time is over so it’s essential if we can look inward into Ourselves. How you can fit well into the society determine your relevance and freedom. ‘When you strife for perfection, your reputation becomes spotless’

This is the age of working smart with your head and not working hard with your hands alone. The finance minister might ignore the debt pile but the CBN governor has aggravated our plight. Warren Buffet earlier this year when discussing about banks passed his comment which was confirmed a week later by Financial times that ‘the movement of money from one bank to another will only crash the economy’

The Apex Bank keeps bringing policies but they’ve never implemented policies that would put them on their toes. Continuous marginalization has turned a repetition with bankers loosing their jobs and more customers looking out their account balance. The doubting thomas have withdrawn their account to deposit in ‘another trustworthy bank’. Moving money from bank to bank only complicates the growth of our GDP and economic growth in the international market.

In times like this, the best thing to do is investing rather than spending though saving might look bitter if we have enough deposit depreciating in our account. Let’s start discovering those things we can use in do rather than saving. For some of us who love to have something beside, it will be better to invest on those little things we can convert to bigger things and can fetch cool money when needed.

Squared pegs in round holes, introducing cashless policy might seem progress for the Apex bank with their own brandishing. For them to hide the negative effects of it on our economy, they gave it enough publicity and put in our faces the little positive side. Gradually, they keep driving the train of Capitalism into our borders. How the citizens will survive becomes the REAL DEAL THE GEJ GOVERNMENT WILL NEVER PROVIDE?