CBN Vs The People

HUHUADMIN


The advocacy for a deregulated foreign exchange market to facilitate economic growth and social welfare enhancement commenced over ten years ago. In spite of the validity and strength of the prescription, those government agencies responsible for monetary and fiscal policies have buried their heads deep in the sand, so that they cannot hear or indeed, see the progressive rationale of the argument. When confronted, the outgoing CBN Governor before Charles Soludo offered a feeble response about the sanctity of certain government policies. Professor Soludo, on the other hand, remained boastfully in denial of the validity of this advocacy until he capitulated suddenly in August 2007, with his Strategic Agenda for the naira, which some in the media readily recognized as the wholesale lifting of what we had consistently preached for over five years at that time!

However, some Nigerians will recall that in February of the same year, CBN had released new design note issues and freshly minted coins in replacement of the existing profile. Billions of naira had been expended in production of the new currency and billions more in a media blitz to encourage public recognition and acceptance. In the light of what would apparently become a huge waste if Soludo’s Agenda, which also included production of fresh currency profile, were accepted, Mr. President politely asked the erudite Governor to keep the matter on ‘pause’, and claimed that his office had not been carried along on the matter.

In the aftermath of Yar’Adua’s stop order, presumably, Soludo’s conscience led CBN into attempts to publicly recognize and empathise with the plight of the very poor, particularly the children from deprived homes from the North.

Later, Lamido Sanusi induced some level of hope that new CBN Governor would recognize that the poison in the economy was the existing framework that induced CBN’s monopoly of the forex market.

In spite of CBN’s inability to achieve its prime mandate of price stability, i.e. reduced inflation rate, lower single digit conducive cost of borrowing to facilitate industrial capacity utilization and growth with increasing employment level, Sanusi has refused to reexamine the causative factors for depleting purchasing power and demand and the deepening poverty level in the land.

Curiously, however, in like Soludo, Sanusi has also latched onto an overt advocacy on relief for the poor, even though his aggressive insistence on fuel subsidy removal in January this year exposed the underlying hypocrisy of his real concern for the welfare of the masses!

Indeed, each of the CBN Governor’s mentioned above has gone out of the traditional confines of the office to demonstrate their ‘love’ for the poor! The majority tribe of disadvantaged Nigerians may not have heard them, but they certainly feel the pains caused by the poisonous monetary model that all three Governors have been unwilling or unable to address. Inexplicably, these Governors have often blamed our economic predicament on excessive spending by the three tiers of government.

However, the universally appropriate policy for reviving a comatose economy is expansion in fiscal spending, without which you cannot effectively stimulate demand and create jobs for the people!

The failure of the regulatory process has been identified as the cause of the serious dislocations and immense fraud in the banks and in the capital market. In recent times, Nigerians have wondered if banks could have continued milking the system for so long without the knowledge of CBN. Infractions like round tripping , money laundering, margin loans, insider practices, the list is endless, were overtly sustained in the full glare of all and sundry but the regulatory agencies assured us that the banks were very sound, and Nigeria was immuned from the world’s financial crisis! It is unbelievable that no one in CBN was ever found culpable in the subsequent financial mess.

Incidentally, both Soludo and Sanusi have received the Financial Times Awards as best Central Bank Governors during their tenure. It is certain, however, that the respected London Newspaper would dare not hint of such award for the Governor of the Bank of England, if prevailing monetary policy rate was 12%, and inflation remained as high as over 10%, while 20% of the population was jobless!!

It would be inappropriate to just sit and fold our hands and let this drama of deceit continue. Ultimately, after 10 years of dialogue with the deaf, we had no other choice than to advise our Legal Counsel, the respected patriot and eminent activist, Mr. Femi Falana to demand for certain information to clarify our understanding of CBN’s operations. The deepening poverty level in spite of increasing wealth and the systemic contradiction, present enough reasons to suspect the apex bank may also be riddled with waste, inefficiency and corruption, as we have seen in prime government agencies such as NNPC, SEC and the Pensions Task Force, lately.

The text of Mr. Falana’s letter to the CBN is as follows:

“March 5, 2012

“Dear Sir,

“REQUEST FOR INFORMATION ON SUBSTITUTION OF FOREIGN

CURRENCIES PAID INTO THE FEDERATION ACCOUNT



“We are Solicitors to Messrs. Henry Olujimi Boyo and Adaighofua Ojomaikre (hereinafter referred to as “our clients”) on whose behalf we write this letter.

“Our clients’ instructions are briefly stated as follows:

“1. By virtue of Section 162 of the Constitution of the Federal Republic of Nigeria (1999) as amended “there shall be a Federation Account into which all revenues collected by the Government of the Federation shall be paid except the proceeds from the personal income tax of the personnel of the armed forces of the Federation, the Nigeria Police Force, the Ministry or department of government charged with responsibility for Foreign Affairs and the residents of the Federal Capital Territory, Abuja.”

“2. It is further stipulated that “any amount standing to credit of the Federation Account shall be distributed among the Federal and State Governments and the Local Government Councils in each State on such terms and in such manner as may be prescribed by the National Assembly.”

“3. Contrary to the aforesaid provision of the Constitution the Central Bank of Nigeria has been substituting foreign currencies paid into the Federation Account with Naira funds before distributing same to the three tiers of government i.e the Federal and State Governments as well as the local government councils in each state of the Federation.

“4. The adverse effects of the said substitution of revenues in foreign currencies with Naira funds on the national economy include the followings:

i. sustaining high double digit cost of funds,

ii. increasing production costs thereby occasioning national de-industrialization.

iii. Fueling inflation at rates that pauperize and make pension contribution a worthless pursuit, (current projected inflation of 15% compared to less than 5% in successful economies)

iv. Creating increasing unemployment with over a third of our working population idle with the collateral risk of rising insecurity.

v. Weakening the Naira value and instigating high fuel prices with increasing subsidy component, and

vi. Instigating national debt accumulations at exceedingly high cost projected at over N500 billion in the 2012 budget.

vii. Creating an adverse economic ripple that deepens poverty, when dollar revenue increases.

“5. Compliance with the aforesaid constitutional provision and payment of foreign accruals to beneficiaries of the Federation Account by means of dollar certificates (which prevent capital flight, money laundering and smuggling) will ensure monetary and price stability and promote a sound financial system as well as dispel the perennial scourge of excess liquidity and its negative chain of high inflation/interest rates and collapsing industrial landscape, and will promote an enabling environment with the following prime features:

i. Low single digit cost of borrowing across the board (in contrast to current over 20% rate of interest), which hurts businesses;

ii. Low production costs for made-in-Nigeria products;

iii. Low fuel prices, much below the old level of N65/litre;

iv. Minimal inflation rate of not more than 3%!;

v. Strong stable and realistically valued Naira with attendant increased purchasing power for all income earners;

vi. Low motivation for capital flight;

vii. Rapid increase in employment through sustainable industrialization thereby checking widespread poverty;

viii. Minimal national debt and reduced debt service charges;

“6(a) In the light of the foregoing our clients have instructed us to find out why the Central Bank has refused to comply with the aforesaid provision of the Constitution. Indeed, the Monetary Policy Thrust of the Government Transformation Blueprint Vision 2020 states that “one potentially enduring solution which would avoid the creation of new money and boost the Naira value in the foreign exchange market, relates to the allocation of foreign exchange earned from oil to the three tiers of Government rather than monetizing it.” The use of dollar certificates eliminates capital flight, money laundering and smuggling. Consequently, our clients demand to know by which authority CBN continues to violate Section 162 of the Constitution.

“6(b) Our clients also demand for clear information on the following:

(i) All dollar revenues, which have been substituted with naira in monthly allocations (and the applicable rate for substitution) in the past five years.

(ii) Monthly balances in the Excess Crude account, and the details of all withdrawals from the Excess Crude account

(iii) Total value of monthly borrowings with sales of Treasury Bills and Bonds and related interest rates and service charges.

(iv) Total value of monthly auctions of dollars to commercial banks and applicable exchange rate

(v) Total value of monthly allocation of dollars to Bureau de Change and applied exchange rate.

(vi) Total monthly profit made by CBN on all auction sales of dollars

(vii) Total monthly credit balances in foreign reserves account.

(viii) Total value of fuel subsidies paid monthly for fuel imports

(ix) Tabulation of annual budget deficits

(x) Tabulation of annual rates of inflation

All above information are required for the period 2007 to 2011

“6(c) Our clients also demand for clear information on the source of the total amount of bailouts advanced to the banks since 2007.

This information should clearly distinguish the total sums and the sources of AMCON intervention in the banking crisis.

“6(d) Our clients also demand for a clear statement on

(i) Nigeria’s debt portfolio (external/domestic) and the tenor and applicable interest charges on these loans

(ii) The structure and yield on our foreign reserves and their current locations.

“TAKE NOTICE that this request is anchored on Section 2 of the Freedom of Information Act. Therefore, you are required to accede to our clients’ request within seven days of the receipt of this letter. Otherwise, we shall be left with no other alternative than to pray the Federal High Court to compel you to justify the decision of the management of the Central Bank to treat section 162 of the Constitution and the Monetary Policy of the Government with disdain.

“Yours sincerely,

FEMI FALANA”


BY: LES LEBA

Link:http://www.huhuonline.com/index.php?option=com_content&view=article&id=4435:cbn-vs-the-people&catid=56:you-your-family&Itemid=412

What's the update on this project, please?

philip0906:

my friend stop making noise. . .U r replying a post in which d op gave u a can u also put up a link of this story u typed here 2 refute his?or r u bankole's right hand man giving us eye witness account?or u r just blinded by tribalism? 

BusinessDay: http://www.businessdayonline.com/NG/index.php/news/76-hot-topic/32499-alleged-n40bn-fraud-court-acquits-discharges-bankole-nafada
Vanguard:http://www.vanguardngr.com/2012/02/how-court-dismisses-n40bn-case-against-bankole-nafada/

Excerpts from the articles

BusinessDay

The judge also described as improper, the charge of criminal conspiracy, as the evidence and testimonies of prosecution witness did not supply sufficient proof.

He said: “The EFCC failed woefully through the evidence and witnesses to prove their case beyond reasonable doubt; rather, some witnesses whom the EFCC brought to court have confirmed that the two accused persons did not benefit from the money in question.”

He held that the clerk of the National Assembly, Salisu Maikasuwa, had confirmed that the House of Representatives took the said loan from the banks, to pay running costs for members.

“Maikasuwa’s testimony that the loan was taken because members of the Sixth House of Representatives had all agreed to increase their running costs from N27 million to N42 million, shows that the two accused did not unilaterally take the loan for personal use.

“The same Maikasuwa’s testimony, admitting that no financial transactions can take place without him appending his approval, was strong to prove that the accused persons were not signatories to the loan taken.

“The clerk, deputy clerk and director of finance and accounts, also all testified that the two accused did not benefit from the sharing of the said amount.

“The three mentioned people were signatories to the House of Representatives account and responsible for the disbursement of the money.”

The judge also held that the testimony of Abdullahi Imam, a manager of UBA, National Assembly branch, also revealed that the loan, which “was actually N25 billion and not N40 billion, had been repaid.”

Vanguard

Judge dismisses case

Before he dismissed the case, Justice Belgore maintained that having gone through the totality of proof of evidence before the court as well as the oral testimonies of all the witnesses that were called by the EFCC, he was convinced that the two accused persons did not commit any offence known to the Nigerian law.

He said what the accused persons did while in office was not salary or allowance increase but enhancement of the running cost of members in tune with the approved budgetary allocation for the lower chamber, adding that there was no nexus linking the accused with any case of conspiracy or theft as was alleged by the EFCC.

He said: “Under all the relevant statutes and the constitution, obtaining loan by any department is not a crime and there is no penal provision for it. It is therefore my considered view that the proof of evidence did not connect the accused persons with committal of any offence or such acts that should warrant their continued trial before this court.”

Besides, the court also noted that going by the allegations raised by the anti-graft commission, the Clerk of the House and other management staff of the National Assembly, being the accounting officers, ought to have been prosecuted by the EFCC over the alleged illicit loan saga, stressing that the commission rather resorted to “chasing shadows.”

Nevertheless, the court observed that, “though it is morally wrong, morally indefensible and morally insensitive for the members of the House of Representatives led by Bankole and Nafada to have increased their “running costs” from N27million per quarter, per member, to N42million, it did not amount to a criminal offence but a moral wrong.”

The court reasoned that the legislature, being a different arm of government, the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) could not fix the “running costs” for members of the House of Representatives. They are at liberty to increase their “running costs” to whatever amount they so collectively wish, adding that RMAFC can only fix “wages” and “allowances” and not “running costs” and that “running costs” do not qualify as “allowances”.

alj harem:

Mr Bankole secured a 10bn naira ($65m; £40m) loan, which was then shared out among senior figures in parliament.

http://www.bbc.co.uk/news/world-africa-13664911

Yep. the report you quoted references Nigeria's local newspapers and refers to the fraud as 'alleged'. The so-called N10bn loan has been fully paid back by the House of Reps. The money was meant for 'House Running Costs' and was already captured in the 2010 budget before it was borrowed. No crime was ever committed. What they did was to increase their budget between 2009 and 2010 which is what every government agency does anyways. EFCC and Bankole's enemies were looking for ways to punish him without proper investigation and they have failed so far. The 2nd case is still in court and we shall soon see its outcome. Good luck.

alj harem:


How was he able to afford 10 billion for Sariki sister and Ini edo ?

Ok. You are a consumer of dem junk magazines that made unfounded claims against poor Bankole. Bankole never dated Ini Edo. Bankole was a colleague of Saraki because they were both well-educated legislators. Gbemi Saraki herself is quite well-to-do as she was born with a silver spoon and has been a top Senator for years.

Oh you don't know? Poor you!

bayooooooo:

Six or half a dozen, it still the same thing. For a case not to go beyond no case submission, the charges were indeed weak.
The inflation of contracts , if well prosecuted, is the one that will eventually nail him.

Yours is almost the only informed response on this thread.  However, the Inflation of Contracts case is even weaker than this Loan case if you attempt a simple introspection of the merits of the case.  Bankole as Speaker has absolutely no business regarding contract awards.  That is the business of the Procurement office of the National Assembly.  Also, unless you can trace funds into his personal accounts that is linked to this contract awards, there would be a 'quick no case' ruling on that as well.

alj harem:

SMH

Why would bankole be freed ?

did he not embezzle money ?

and someone that stole a stereo in delta got death sentence

Nigeria is messed up I no go lie

Bankole was freed because he did not embezzle money. A lot of people have been misinformed about the Bankole case however.

bayooooooo:

The case against Bankole was weak, you don't have to be emotional. They were pursuing shadows while the more weighty allegation of inflation of contacts was not preferred against him.

You are wrong.  The inflation of contracts case is still in court.  Bankole was being prosecuted in 2 different courts at the same time.  The second case (inflation of contracts) will resume before Justice Okorowa in February.

Meanwhile, let us treat this Bankole/Nafada case based on its merit.  The judge that gave the verdict, Justice Belgore, did an excellent and thorough analysis of the prosecution and the defence.  I was in court.  We are all literate.  Get a summary of the ruling for the case and get educated.

r231:

FYI


Nairaland to the Rescue of the Obuhs

“Statistics has shown about 75percent of the Nigerian population live below the poverty line of 1USD which is about N161.00 per day. So many people simply cannot afford to pay rent let alone purchase their own dwelling place at the end of the month. This was the case of Mr. Monday Obuh a factory worker who was laid off from his job, evicted from his home and was left to put up under the newly constructed Cele Bridge with his pregnant wife and kid” Ebere Nwiro writes.

The title was changed to 'Travails of the Obuhs under Cele Bridge' in the published newspaper edition.

The Obuhs - A Series of Unlikely Events

In a world where millions live in abject poverty, what are the possible routes from slum to basic comfort?  The Obuh story showcases one.

Call it the Nigerian dream if you will; it is a story of the human condition; of chaos and order; it is a case study in sociology; a Nairaland story, indeed.

If there's ever a thing as thread of the year or Nairaland hero of the year, then this thread presents a few contenders.

In the world we find ourselves today, there exists insincere leaders whose true motives we may never know.  The world fails to develop.  The gap between the rich and the poor continually widens.  And our leaders pretend that they care.  What about the media?  Do they tell a true story?  In the case of the Obuhs, they certainly did not.  Why?  The answer to that question will be told another day if you believe in hope.  I do.

Chance, Destiny, Providence, Luck.  Whatever you call it, many obstacles lay in the path of the Obuh's route to comfort.  As the story unfolded, we saw the
opportunists who would rather benefit from a a fellow man's suffering so much so that you could call them evil.  Some were sceptical.  Many were condescending and quick to pass judgement.  However, a minute few would stop at nothing to render unconditional assistance to this disadvantaged family.

I was taught in school that Newton's first law, the law of inertia, states that an object will remain static unless a very powerful force is applied.  In the case of the Obuhs, and probably in many cases of poverty in our world, it would require a plethora of forces to bring a ray of hope to a seemingly hopeless situation.

A series of unlikely events.

An article in PM News.
A Nairaland post referencing the PM News story.
A Nairaland member who took the amazingly unusual step to visit the Obuhs.  Not once, but numerous times, in a matter of days.
A Nairaland member who refused to believe the numerous 'disappointing news' that developed since the story broke, begged all to seek for the truth firsthand, and insisted on showing the Obuhs unconditional love.
The Nairaland members who contributed the unquantifiable amount of coordination to the success of this project along with transparent financial accounting.
The Nairaland members who contributed financially to this cause.

If there ever is such a thing as thread of the year or nairaland hero of the year, then this thread presents a few contenders,   For you are our heroes despite your collective modesty.  You have shown the rest of us examples of how to live happily and be fulfilled.  You have once again convinced us that there is hope, that the greater good can still trump the many great evils of our world.  This may be the beginning of greater things to come.  Great things that may outlive Nairaland itself.  

Unconditional love.  Intervention in the lives of the needy without 'question'.  Honest reporting.  Transparent charities.  A highly organised system. Virtues that many would rather forget quickly.  Are these not the seeds that would grow to thwart the menace of corruption in our society?

This may be the beginning of greater things to come.

A series of unlikely events, the first being that moment in time when that young man founded a website called nairaland.com.

Come to think of it, every page I open on Nairaland I see Google Trader adverts.  Seun and Google Trader are clearly partners in crime.  The question is which of the two parties benefits more from this symbiosis in the near term?  Only time will tell.

Seun, is it just mi or do I sense you struck a deal with Google and you are smiling back from the bank already?  If that's the case, then a wise entrepreneur is he who knows the right time to execute the exit strategy.  If I'm wrong, oops!

El-Rufai, thank you for sharing this with us. You have spoken the truth. And only the truth can set us free. Those of you who choose to feed problems while you starve opportunities, open your minds. Learn. Equip yourself with all the knowledge you can. Because, some time very soon as always, it is the pen that will emancipate you and not the sword. God help us all.

Wow! Nairaland! I like the picture. Though he looks like a military dictator sitting on a throne. Rather stiff. But it's a break from the usual photo shoot. It's different. And that's what matters most to mi.

The responses to this thread only show how dumb, uninformed & misinformed most people are, especially about this Bankole case in general.  Bankole was granted bail and the 2 cases involving him have been adjourned till 17th & 21st October.  Feel free to make baser remarks.  I would be impressed if you didn't.

My Volkswagen Jetta 2011 is a German [/b]car built in [b]Mexico.

Yoruba/Hausa/English
Dukia/Dukia/Property
Amo/Ama/But

Yoruba/English
Doti/Dirty

ANCIENT EGYPTIAN | IGBO (Onitsha and Uburu dialects used) | YORUBA
Budo (dwelling place) | Obodo/ubudo (country, dwelling place) | Ibudo

This match is Quality.  I see a 5-setter already! See P-Diddy. Lol!

Pictures of the injured.

Weeping UN Staff after the bombing,

The destroyed car used for the bombing.  Toyota Camry 2010  Registration number:  Kano AV 38 NSR.

Scene as casualties arrived at National Hospital

Pictures

Picture 2: National Hospital as casualties were brought in. Unconfirmed reports claim over 100 dead bodies already counted at the Hospital.

Picture 1:

First freight (clearing and forwarding) company in Nigeria - Freight Agencies Nigeria Limited.

First Nigerian to establish a Freight (clearing and forwarding) company in Nigeria - Chief Suarau Olayiwola[b] Alani Bankole[/b].

I won't be surprised if this was a video shoot for one of Wizkid's songs.

chines4:

Is it by force to stay in loveless marriage. May be we need to change the marriage vow. to end with "Till one of us is tired Since some people actually want to make sure that only death can separate them

That's a good one!

Increase incidents of jealous wives stabbing their husbands

03/07/2011 12:36:00

As the people of Adamawa state continue to lament the persistent cases of armed robbery in recent times, tragedy struck again with residents of Bishop Street, Jimeta-Yola, thrown into confusion when a 35-year-old man was stabbed his jealous wife. As a result of the attack the man’s b bowel was rift open. Already, the suspect, a 30-year-old mother of three, identified as Pwaneno, has been picked up by the police. She is currently telling detectives what she knows about the incident.
Sunday Trust gathered that the conflict flustered those who witnessed what happened as they tried to help the victim whose intestines gushed out as a result of the deep stab.
Investigations revealed that the victim, Mr Dominic Daniel Shalda, and his wife got married  many years ago and were living peacefully   until recently when  things began to change when the wife heard that Dominic allegedly took another wife.
A few hours before the incident, they were said to have reconciled and seemed to be living happly. But all hell broke loose as the wife was said to have taken out a knife and stabbed her husband   in the stomach.
A close friend of Dominic who doesn’t want his name in print, revealed that, there seemed to have been a crisis in the house over alleged infidelity between the couples particularly when the wife heard that her husband, now receiving treatment at the Federal Medical Centre (FMC), Yola was planning to marry another wife from his Margi tribe. This situation, according to sources, spurred the jealous wife to take action against her hubby.
Other sources say that after committing the crime, Pwaneno attempted to run away to her relations in a nearby community.
However, neighbours who later found out what had happened, reported the incident to their ward head, who also informed the police.
“I have never seen such a terrible thing in my life,” a shocked neighbour, Mr John Morris, told Sunday Trust.
She was later traced to her hide-out by homicide detectives who arrested and brought her to the state C.I.D where she is being detained.
The state Police Public Relations Officer, ASP Altine Daniel, who confirmed the ever increasing rate of love turning sour stories, said the suspect will be charged to court after investigations into the matter have been completed.
While  speaking to Sunday Trust on his bed at the Male Surgical Ward, the embattled husband, who was deserted by his relatives due to his persistent love for the woman, said despite the attempted killing by Pwaneno he still loves her.
“I love her with all my heart,” says Dominic. He wants Pwaneno to be set free so as to come to take care of their children as he had abandoned at the hospital.
“Please, tell the police to release her so that she can come and take care of me and our children,’’ he pleaded.
However, Dr M. Bello Umar the patient was abandoned to the mercy of the hospital, which cannot afford to settle all his medical bills.
He said that there was an open –bowel on his stomach as doctors are now struggling successfully to save his life.
‘’Thank God, he is getting better as you can see. We are struggling to save his life,’’ Dr Umar said, ntoing that there seemed to be increase in number of love turning sour patients being brought to the hospital.
Our correspondent reports that like in other parts of the country, lone-goes-sour is no longer news in Adamawa.
Only recently, Sa’adatu Tukur, the first wife of one Malam Tukur and mother of six, was accused of killing her husband, his second wife her two-month old son. [/b]The family, which resides at Wauru-Jabbe in Yola North local government area of Adamawa State, literarily saw the raging fire of jealousy.
As people gathered to  mourn,[b] another incident struck, this time around in Jerreng area of Mayo-Belwa where a woman, said to be  HIV-positive, butchered her former husband and his lover while in bed.
The woman, now in police cell at the state police headquarters, was said to have laid ambush to take revenge on her victims.

Power and control issues
“Love usually turns violent because of power and control issues. Commonly, men who batter their women are seeking a sense of power and control over their partners or their own lives,” observes Malam Usman Garba Santuraki, a Yola-based commentator.
Santuraki said it is not always the case of women as the culprits. There have also been many stories recently of husbands murdering their wives over alleged infidelity as it is also a fact that a significant number of men suffer physical and psychological torture perpetuated by their partners but are afraid of coming out in the open for fear of ridicule by the society.
He believes that there is an element of obsession, ‘’ this yearning to be in charge in every aspect in a relationship. It often sparks misunderstanding, and coupled with lack of proper communication between partners, the end is often tragic,” says Santuraki.
Gender activist Aishatu Garba, also cites the ‘craving for power and control’ as one of the major factors behind violent ends to love affairs. But Aisha as a practicing journalist, agrees that drunkenness plays a major role in violent breakdown of relationships.
“The obsession to control is the major reason why love ends up violently. Some people just want to prove to their partners that they are the boss in the house,” she says.
The lady news hunter quickly points out that in many places, such crimes are tilted against women because of the patriarchal system that has refused to suffer a natural death.
“It is a fact that women do kill or torture their husbands. But the number in this country is still low and usually, these are exceptional cases.

Source:http://news2.onlinenigeria.com/news/top-stories/102666-increase-incidents-of-jealous-wives-stabbing-their-husbands.html

wegga:

You are arguing my point!! why should El Rufai be proescuted when there are dozens more out there still corrupt. and the fact that we can cite some people who do their jobs doesn't make spending millions on housing allowance and car allowance!!! do you know some Nigerians sleep on the street? and i don't mean metaphorically!!! i have seen it with my own two eyes, a woman and her young child sleeping on cartons on the street!! how can our house members even pass bills allocating millions to themselves in good conscience in the same country where a woman and her child don't have a roof over their heads?? lets wake up people!! because some of us have access to the net at home and we can afford our monthly BIS charges dosn't mean everything is 'kosher', how many congressmen in the USA can afford to do what our leaders do? we have lower rep members that are ricer than U.S Senators, So is that to say Nigeria has more money to spend than one of the world powers? Lets face it, how much can the DG of one of our Govt Agencies possibly steal?? now compare that with the figures that we hear our senators and Reps casually throwing around on the few occassions they get caught!!! Don't get me started on the Governors!!!! You should consider these before rushing to the defence of our 'poor', 'misinterpreted' leaders,

I am not defending any poor leader. But it is obvious that you are quite uninformed about how corrupt American Politicians and Nigerian Civil Servants are. Simply because you are ignorant of the facts doesn't mean it doesn't exist. However, despite your naivety, I am quite confident that sooner or later you will come to grips with the reality of it all. Good luck on that.