Facts Vs Feelings: The U.S Rate Cut Impact On The Naira
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- เผยแพร่เมื่อ 19 ก.ย. 2024
- Arise Business Correspondent Rotus Oddiri discussed the impact of the U.S Federal Reserve Rate cut on Emerging Market Currencies
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We love Arise News analysis team especially when we have Rotus and Rufai on seat. But, when it comes to financial matters, let the expert do his job. Emotions are real but the math does not lie! That is just my opinion. I give one love to the entire team!
Rotus is very good at his job and Rufai should stop this nonsense
When it's good news just leave Rufai out of it. He's eager to analyze bad news
Rufai has that emotional bigotry attitude that you don’t just want to see on a tv screen
I agree
Am glad folks have begin to see Rufai oseni for who he is. He makes beer parlor emotional arguments over complex issues all the time and seems to like to arrogate truth to himself all the time
Rotus and Rufai need their own short special 😂 that would be hilarious
Like for Rotus
Rufai should taper it down with his emotions. It’s getting irritating!!!
Rotus is the economist here and I think Rufai should be less emotional. Dr Abati should make this correction behind the scenes not on live show.
Yeah…washing the dirty linen outside was unnecessary…😢
Rufai allow economist to do their math
Rotus no mind that emotional and nay saying Rufai. He never sees anything good in Nigeria. He calls Nigeria a joke. Always bad mouthing Nigeria on air and not factual. Thanks Rotus for correcting him.
I think it was totally unnecessary and unprofessional too for Dr Abati to reprimand the journalist on live television. He could’ve handled it a better way.
Well said, that was also unprofessional.
Yes, i agree with you. It should be behind the camera
Rotus, News Central would be glad to have you.
Rufai dey alway think say na him get monopoly of knowledge. Being unessesary emotional.
Rufai, when you float, it means you're no longer using your reserve to support the local currency. So how does floating negatively affect your reserve?
Same analogy with subsidy.
Rotus, thank you for schooling Rufai.
Rotus 👏
This guy called Rufai, Chai🤔
Be logical, less fixated and unnecessarily emotional about everything that has to do with the government, pls election is over.... Simple!
You don't need to like the government, just professionally analyse and educate listeners without any iota of bias or unnecessary hatred or fixation! Pls just stop all this your hate spread, it's clearly even haunting your professionalism.... Biko!
We all are in this together, you are not more Nigerian than any other Nigerians!
@Mr Abbati, thanks for playing the elderly role there 💯👍
🇳🇬 God Bless Nigeria 🇳🇬
Thank you. Rufai oseni can be likened to folks like Sean Hanity and Tucker Calson of America's FOX News channels
Good job Reuben. Thanks for streamlining the team
Even Abati dey go low sometimes. You can't know all especially when is not your field, Rufai is beclouded by emotions and sentiments.
After watching this again,
Rotus needs to appreciate other people's perspectives
Rufai needs to stop being emotional on national TV
Abati needs to learn how to correct his colleagues in a more professional way and not this way. His outburst doesn't make sense in anyway.
You will never see CNN guys correct their colleagues in an unprofessional way while the program is on...
Arise TV crews still have a lot to learn from CNN.
BE PROFESSIONAL
😂 This is the Nigeria way (sarcasm)
.And the management of ARISE needs to re - in-service Rufai Oseni on ethics and profession of the job. Or he can get his own show and call it an opinionated program rather than calling it news program.
Rufai with his emotions..
This Rufai is just too emotional. Everything in life is not fight and argument.
Dear Dr. Abati don't get irritated by the response of Rotus to Rufai, I think it's high time Rufai stop exposing his ignorance when Rotus is presenting an economic news or report. Rotus is a professional financial and economic journalist and knows his onion. Infact Rufai Mr. Social critics shouldn't be invited to contribute to Rotus analysis because he always make mess of pure economic analysis through his sentimental and jaundice view. While we can tolerate him in political gossiping and speculation Rufai should stay clear of economic discussion period.
Rotus, please don't be dettered from educating Rufai and co subtly as always....facts don't lie!
Rufai is sticking with the people while Rotus is sticking with facts😃😃😤🙀
Exactly. Sticking with ppl is good on the surface but math are math.
Rufai and Rotus… Obidient Vs Agbadorian.
Rufai is always looking fir ways to attack the government and it understandable but he should let the maths speak for self.
Abati is taking this senior journalist thing too far. Who cares what you like? Just face front and do your own job. Rotus is the best, Rufai is the worst.
Kudos Dr. Abati
Commm Abati, you don't have to scold your colleagues on air, that's shameful. You should learn to be professional as well; imagine anyone talking down on you on air, just as you did on them. The 2 Rs need come off it and respect each other, at least ON AIR! Thanks Ayo.
Thank you Dr Abati rufia and rutos always disagreement at all time
Maths does not lie
I just love these guys in Arise❤…
😂😂 truth is Rotus is right and Rufai is right likewise, in the coming days and months we will understand why. Yes its a differential and it's math and the naira may most likely appreciate. Truth is every other currency having USD as the quote currency is currently appreciating. Why so? Higher interest rates meant more strength for the US dollar. So differential or no differential lowering interest in someway reduced the strength of the US dollar as compared to other currencies. Now what rufai means, this doesn't necessarily mean that the Naira is doing well. We all know the government will look for the slightest appreciation to say yes, the naira is performing well. Based on economic projection the naira is still in a bad place, based on our numbers, inflation, food inflation, production, export, employment and all, we are still not having any improvement. So in the short term the naira will appreciate but long term we are still headed down.
Well, both were correct from their perspective.
Nigeria 🇳🇬 has collapsed already, BIAFRA is our future ✊🏾
Rotus should be allowed to do his job. Rufai is simply being unprofessional.
The part I hate in this segment is whenever Rotus is schooling rufai, his studio dad will always come to defend him and realize there's need for decorum in the studio. Rotus nah man you be. Reason some of us still watch arise tv
Fact without good impact on human being is nonsense. Emotions set in when fact is speaking french in Nigeria. Rotus should respect the real happening in Nigeria not all this %. Nigeria is not other countries that respect feeling and show concerned
And Rufai oseni should keep his opinion to himself. Poor folks won't do well until businesses are thriving and making money. They drive the economy.
I think Rotus is always quick to defend this government economic policies that come with negative consequences. Rufai seems right to him on the issue. Like previous experiences, naira will still underperform
Rotus really looking for that APC appointment harrrddddd!!!!!!
Scrotus and Ruffian! Both of you should stop fighting! 😂😂😂😂😅😅
There was actually no cause for alarm and both of them should just be open minded to different opinions as against coming to the show with the mindset of counter arguments. Rufai was simply saying the Federal Govt should not claim their policies are working if we starts seeing appreciation in Naira because it’s as a result of the US cut rate. And what Rotus did was simply to explain the economics behind that. There was no need for Rotus to have given responses back.
Govt can claim whatever they want. Nigerians also knows what's on ground. The job of journalist is to put out the news without pronouncing their personal opinions all the time. Pls remember Govt officials see what majorities of Nigerians doesn't see in terms of real datas.
@@okeoja4447 This is how govt always skewed the narrative and continuously deceive the people if you say Govt can claim whatever they want. Thats your own perspective. One of the job of a journalist is not to rely on what govt says but investigate or interrogate further to confirm their claims. On this subject matter, it has nothing to do with emotions.
@@oladapobabalola1061 And do u think Rufai Oseni did his investigations b4 coming with his beer parlor opinions . ?
@@oladapobabalola1061 it's also your duties as a citizen to verify on your own without relying on one man sitting in a TV studio corner.
@@okeoja4447 why you contradicting yourself? You stated it is right and accurate for govt to claim whatever they want to claim and I said that it is in the citizen’s place to verify their claim because govt sometimes intentionally gives misinformation just the Tinubu went to Borno to claim the flooding that happened was as a result of climate change and natural disaster which is not. What is the issue here now that you are going back and forth for?
Be civil and professional, Rotus!
Rufai is too emotional, he shouldn't pass opinion as fact.
Rufai went af hominem, a thin-skinned immature response. Rotus was also not innocent as he also set the tone with some subtle snide remarks which were not directed at anyone in particular so there was no need for Rufai to take the bait.
The Nigerian culture of seniority came into the show and I don't have a problem with that. They were acting like rival kids and Dr. Abati set them straight.
There are better ways to frame a divergent position - if Rotus and Rufai were TRAINED JOURNALISTS they would have known how to word their points professionally
Expertise doesn't mean your submissions cannot be challenged. They are actually meant to be challenged AND HOW YOU REPLY DETERMINES HOW EXPERT YOU ARE on the subject. It is the manner of making the 'expert' presentation that is the problem here and the way the presentation was challenged was also problematic. The two men are not TRAINED JOURNALISTS and they - ESPECIALLY RUFAI - have VERY POOR broadcasting skills. Rufai was at a point making mocking chuckles while Rotus was speaking - that is terrible and not what a skilled broadcaster would do. And he is ALWAYS doing this when he disagrees with a co-host or a visitor. It is BAD manners. They - especially RUFAI - need solid broadcasting training especially around body language while on air; tone of speaking and ways of framing submissions, responses and questions. Rufai should also be told to STOP SNEEZING AND COUGING INTO HIS MIC.
… but what Rufai said isn’t a lie. If money flows into Nigeria as a result of US rate reduction, don’t let cbn tell you they’ve done anything because the moment the rate increases, bye bye investments.
Our economic climate is not good. There won't be an inflow of investments. Lucky is opportunity meets preparation. Leave story
I mean if*
Rufai grammar and vocabulary is not technical analysis, what Rotus gave was an analysis which made a lot of logical sense. In a way both of you were right, but you (Rufai) first threw the jab, which he retaliated by making you look more stupid before the viewers
Rotus nah textbook economics
Rufus, just need to report and not try to spin the narrative, US rate cut has nothing to do with the rate of naira. Rate increase or cut is used to fight inflation in the US and sane countries where there's a transparency and accountability. Rufus should just report and then answer questions from the studio panels. Rufai is right to call him out on this.
And how do u know US MONETARY POLICY MAKERS ARE SO TRANSPARENT?
Ask Rufus?
Its time the Management of Arise Handle this unprofessional show of shame. This is getting out of control. Its not about choosing whom is right or wrong. This unhealthy competition and rivalry is bad. If you cannot manage a small platform, how can you review the managers of the country?.
Show respect to your viewers.
Expecially. Rufai oseni to be called to order. It's supposed to be a news show and not opinion show. Rufai Oseni should keep his emotional analysis to when he meet his friends at the beer parlor
@@okeoja4447 All parties should be spoken to. This is not about who is right or wrong.
Rotus is a myopic economist
And Oseni Rufai oseni is a beer parlor journalist. He knows nothing about the economy. He's only pandering to certain section of his viewers who are still mad their guy lost the election
Rufai said the right thing knowing how government spins and gaslight. It wasn't an attack on Rotus. Rotus was the one that called rufai emotional.
I rufai stop acting as a anti politice if u are not in support of d current administration so do ur work directly not going against d new progress NIGERIA our country are just achieving
Abati agbaya why are you laughing
This guy is too arrogant
And heartless as well
It is not pride...just compassion....he is a nice guy
sigh. At this point i think Arise is doing this for the clicks lmao
I 100% support Rufia👌.
Rotus was unprofessional.
Rotus has done this before by unprofessionally challanged Rufia, he later came back and apologised Rufia.
Bro, that's a meaningless compilation of saying nothing from Bismarck Rewane that you put on the screen and you were so proudly referencing. Typical of him, by the way. And what do you mean by your "cost price"? I'm talking determination, not general definition. Don't be too confident about things you don't understand very well Rotus.
How could you talk about your (and his) so-called "guaranteed margin" (whatever that means) and cost of processing, and at the same time declare that pricing is not in your hands? I assume you were referring to the manufacturer, Dangote Refinery in this case. I don't mean to be insultive, but really how dumb is that? Is it a ghost that will figure out those for you?
Let me put it simple, if it is your
market (because it seems you have a strange definition of market) that is determining the price, why are you bothering us with "guaranteed margin" and cost of processing? Even going by what you both call whatever you both mean by "guaranteed margin", guaranteed margin exists only in Heaven, ok?? Get that clear.
And if what you both mistakenly copied and pasted is guaranteeing of margin, that is opposite of what you're both preaching, and different from your meaningless "guaranteed margin"!
Shebi where una spoil the country reach with una committed miseducation of the public, shebi una eyes go clear, abi?
I don’t like to listen to this rotus,he is a propagandist
Unintelligent people wouldn't like Rotus
If you don't like Rotus it says more about your level of intelligence than Rotus