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Nairaland Forum / Nairaland / General / Politics / El-Rufai To Soludo: You Created A Cancer (18790 Views)
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Re: El-Rufai To Soludo: You Created A Cancer by lekeodumuyiwa: 3:38pm On May 10, 2013 |
History has already recorded the achievements and shortcomngs of Nasir El Rufai and Prof Charles Soludo.There is no need for open disagreement. |
Re: El-Rufai To Soludo: You Created A Cancer by paulo007: 3:40pm On May 10, 2013 |
touch_me_hard: Well, just as Mallam EL-Rufai and other people have said, every story has at least three sides, my version, your version and the truth which lies somewhere in between the two. But next time, El- Rufai should please verify the veracity of whatever information he wants to present to the public because the degree of condemnations this book is receiving makes me doubt it's credibility. People in power don't want to be expose. You should expect them to be angry because someone is washing their dirty linen in public. |
Re: El-Rufai To Soludo: You Created A Cancer by gtrust: 3:53pm On May 10, 2013 |
The rest of Soludo’s article was spent blowing his trumpet of banking consolidation with his characteristic modesty! The dismissal of Charles' over-hyped banking consolidation in The Accidental Public Servant therefore appeared to upset him more than anything else. He is still under the illusion that his 'revolution' changed our lives the way GSM licensing did! No one needs a single 234Next to see through the hype and the disingenuous comparison. Banks like First Bank, UBA, Union, Zenith IBTC, and GTB needed no consolidation. They had sound business models and were doing well without it. Soludo’s consolidation abolished investment banks and regional banks, while creating a few ‘big’ banks with funny names many of which were either comatose by 2009 or had to be subsequently saved by the Sanusi Lamido Sanusi rescue exercise. It is pathetic to measure the success of consolidation by the number of banks in the top 1,000 banks in the world. Did that ranking translate into increased lending to the real sector, greater employment opportunities for our people and intensified mobilization of savings in the way the GSM revolution did? [b] [/b]No way, only massive margin loans to create a stock market bubble, engender insider lending and incestuous relations between regulators and operators in the industry. The kind of targeted interventions needed to fill the gaps sustained by some of such policies were opposed by Soludo unless the ideas originated from him. As CBN governor, Charles did all he could to frustrate the attempts to establish a national mortgage system and was openly critical of Ngozi's drive and contributions in getting the Paris Club debts written off for the simple reason that the the credit might go to others not Soludo! Charles is free to beat his chest and claim that the deformed baby called consolidation was a revolution, but today many of the the poster-children of the policy like Intercontinental, Oceanic, Finbank and Spring Bank are history, the banking-stockbroking rock stars are facing prosecution, and with N4 trillion spent to prevent the collapse of his revolution. When Charles’ memoirs are published, those that either witnessed it or had to clean up ‘the world’s fastest growing financial system’ will have their own views. And it will be good for the country. I like the above! El-Rufai did NOT let us know how those banks he mentioned did not need consolidation He did not dispute the top 1000 position and he did not tell us what position the banks were in before the consolidation Many European countries will NEVER recover from the so called 'global financial crisis'. Even America is still struggling. Why is El-Rufai NOT educating us on what was before and what is now Why try to cause Sanusi and Soludo wahala when the one on ground still dey 1 Like |
Re: El-Rufai To Soludo: You Created A Cancer by enyice(m): 3:57pm On May 10, 2013 |
OsunOriginal: @mods, are you been selective in your discharge of justice/injustice? This guy is guilty of law 1 and 7 And Nairalanders, please are you aware of any depositor(s) that lost his/her money as a result of the Huricane Sanusi? If not, this osunoriginal is also guilty of offence no 7 and 8 Please dont crucify me o! Am only going about my duty as a lawful Nairaland citizen dutifully upholding commandment 13 of the 2013 Nairaland act. |
Re: El-Rufai To Soludo: You Created A Cancer by Akbee(m): 4:09pm On May 10, 2013 |
Yeah e created a cancer but you(el rufai)are a national problem. |
Re: El-Rufai To Soludo: You Created A Cancer by LeStylo: 4:13pm On May 10, 2013 |
Maxymilliano: El-Rufai seem not to be getting the import of Soludo's message, "you don’t collect some hair dressing salon gossip, hearsay, ‘impressions’, and wild imaginations – all intentionally designed to damage others, and bind them into a book without crosschecking the facts. That is intellectual fraud!!! Elrufai kept 47 note books of everyday events while he was in public service. Perhaps you missed that. He was on point though. Read a copy of TAPS first perhaps. |
Re: El-Rufai To Soludo: You Created A Cancer by Akbee(m): 4:21pm On May 10, 2013 |
gosh! the cancer he(soludo) has created is preventable and curable but the Hiv/Aids virus u(el rufai) created with your fountain pen is an epidemic.ur book falls under the genre of autobiography but the contents depict political analyses. Someone had better call him to order. 1 Like |
Re: El-Rufai To Soludo: You Created A Cancer by OdionOdion: 4:23pm On May 10, 2013 |
Few days ago Elrufai was on his four(knees)begging people to buy the fraudulent book in Canada because his is broke and no longer pay for fees of numerous children. Elrufai need financial and economic rehabilitation and thus he has to resort to peppea soup and gossip book to run characters that has edge over him |
Re: El-Rufai To Soludo: You Created A Cancer by dammytosh: 4:23pm On May 10, 2013 |
PHIPEX: That is the fraud in the book. You don't have memory yet. You were quoting people and writing books indicting people. The guy is a retardeeeee |
Re: El-Rufai To Soludo: You Created A Cancer by OdionOdion: 4:24pm On May 10, 2013 |
Few days ago Elrufai was on his four(knees)begging people to buy this fraudulent book in Canada because his is broke and can no longer pay for the school fees of his school fees of numerous children. Elrufai need financial and economic rehabilitation and thus he had to resort to peppea soup and gossip book to run down characters that has edge over him |
Re: El-Rufai To Soludo: You Created A Cancer by gtrust: 4:31pm On May 10, 2013 |
OdionOdion: Few days ago Elrufai was on his four(knees)begging people to buy this fraudulent book in Canada because his is broke and no longer pay for school fees of numerous children. Elrufai need financial and economic rehabilitation and thus he has to resort to peppea soup and gossip book to run down characters that has edge over him Are you using El-Rufai tactics against him or do you have a reference |
Re: El-Rufai To Soludo: You Created A Cancer by mathskill: 4:32pm On May 10, 2013 |
head_to_to:To quote you "Shut" and "Midget" the only words u know.You r even worse than i imagined no brain at all. |
Re: El-Rufai To Soludo: You Created A Cancer by LeStylo: 4:34pm On May 10, 2013 |
shizzle11: This silly, little, noise maker is at it again, rampaging on the internet. Much as you may want to disprove, you tried to murder Soludo's reputation on the said, even in your current rebuttal of his response to your book, you still attempted to discredit him. SEUN! We need matured minds here please! Too sad, that's what our youths have become. Clearly evident of a failed educational system!!! Poor minds, with hardly any level of reflection and absolutely no sense of history and totally unlearned yet won't read! Sad future. |
Re: El-Rufai To Soludo: You Created A Cancer by tiwasiaife(m): 4:53pm On May 10, 2013 |
adeks2: Interestingly, both of them were born the same year and both graduated with 'First Class Honours'. LOL!But their schools differs one went to almajiri univ and got 1st class while the other university of Nigeria with 1st class 1 Like |
Re: El-Rufai To Soludo: You Created A Cancer by Otunbakay(m): 4:57pm On May 10, 2013 |
X-factoria:Nothing truely happens without connections. Oh God! Link me up and lift me to my unimaginable height ....... Let the process begin now! |
Re: El-Rufai To Soludo: You Created A Cancer by Bondd: 5:14pm On May 10, 2013 |
I honestly think this El Rufai's writeup in response to Soludo has done more harm to El Rufai which is the opposite of what he set out to achieve in the first inse. By coming out to claim he was inaccurate with the date Soludo assumed office, he has thrown the entire credibility of the book to the gutters. Also, by virtue of being a public servant, one is privy to a whole lot of classified information which should not be divulged as a means of personal vendetta against a perceived opponent as El Rufai had done. He shows himself to be an uncouth person and as such not worthy of the trust of Nigerians who he served in the first place. The write had successfully used his writeup to completely nullify the credibility of his own book through his shortsightedness and contradictory statement alongside the total lack of objectivity which engulfed the whole writeup portraying it as as weapon against his opponents rather than an account of what actually happened. |
Re: El-Rufai To Soludo: You Created A Cancer by akdjr(m): 5:20pm On May 10, 2013 |
i CANT READ IT ALL NOW BUT WILL COMMENT LATTER I THINK THERE IS MORE TO THIS REALITY |
Re: El-Rufai To Soludo: You Created A Cancer by Nobody: 5:29pm On May 10, 2013 |
Story 2 lng 2 read..
|
Re: El-Rufai To Soludo: You Created A Cancer by Immortality(m): 5:50pm On May 10, 2013 |
All these people are attention seekers, i just wonder the relevance of all these aguements when both of them had there chances to make difference, yet non of them actually did. It is not enough for Soludo to do well in the Banking sector (consolidation) or El-Rufai as FCT Administrator but what impact did they have on the global issues bedeviling our nation. ALL OF THEM, THE LEADERS HAVE FAILED |
Re: El-Rufai To Soludo: You Created A Cancer by KayDee4: 6:02pm On May 10, 2013 |
Haha, the truth surely lies somewhere inbetween. I'm sure they both had serious shortcomings in carrying out their national assignments but no one is willing to admit in his own version of the story. The inaccuracies in El Rufai's book undermines the credibility of his sources and the book as a whole. Trying to pin the blame on the editor is mere "tales by moonlight". About Soludo's consolidation excercise, it had some level of success and failure as well so I would'nt call it a total failure. Contrary to Mallam's claim, there was increased employment and expansion by the banks. The money and capital markets were doing really well although loose regulations only meant the boom was a ticking time-bomb waiting to explode if nothing was done. SLS's intervention came to the rescue although his radical approach to some issues only served to undo some of Soludo's work (which we never know how they would have turned out if given more time). The drama and back-and-forth between these two only provides us good entertainment as they open each other's 'nyash' on behind-the-scenes happenings and all the hidden stories we never heard . |
Re: El-Rufai To Soludo: You Created A Cancer by Degis(m): 6:02pm On May 10, 2013 |
OsunOriginal: This is the most useless statement in the last 3000 years that has been attributed to mankind. So for ya mind, you think say you don talk hehen!. So, it only occurred in your village that Sanusi Lamido Sanusi created Banking jobs or any other type of jobs at all. Shaking my head seriously for your generations yet unborn |
Re: El-Rufai To Soludo: You Created A Cancer by obailala(m): 6:05pm On May 10, 2013 |
touch_me_hard: Well, just as Mallam EL-Rufai and other people have said, every story has at least three sides, my version, your version and the truth which lies somewhere in between the two. But next time, El- Rufai should please verify the veracity of whatever information he wants to present to the public because the degree of condemnations this book is receiving makes me doubt it's credibility. U should know that most of our leaders are involved in one embarrassing fraudulent activity or the other. So whenever someone comes out openly to confess the hidden secrets, you should expect a lot of condemnation from the people exposed. Imagine a person like OBJ coming out to confess the hidden evils of the people in his cabinet, what do u honestly expect the people mentioned to do? clap for him or call him a liar? |
Re: El-Rufai To Soludo: You Created A Cancer by gabplanet(m): 6:07pm On May 10, 2013 |
mallam is rite..dat guy Soludo is a almost finish d banks..... |
Re: El-Rufai To Soludo: You Created A Cancer by successking: 6:23pm On May 10, 2013 |
El-Rufai, you have tried, sit down at home and rest, for your time has passed. |
Re: El-Rufai To Soludo: You Created A Cancer by Anniettieufia(m): 6:31pm On May 10, 2013 |
this is certainly an intelectual battle, pls who is standing-in as their REFREE ? They need one urgently. |
Re: El-Rufai To Soludo: You Created A Cancer by seunmide: 6:46pm On May 10, 2013 |
Maturity aand emotion management are, no doubt, a big factor in leadership...and ts not a function of age or position.I wonder the type of leadership that willl continue to trade words for selfish reasons...God give us leaders |
Re: El-Rufai To Soludo: You Created A Cancer by successking: 6:56pm On May 10, 2013 |
OsunOriginal: Think well next time before posting any comment on this forum. For your information, workers in the bank lost their jobs not to talk of creating new ones, no access to credit for new jobs to be created and so the number of unemployment soar, as a result of Sanusi's monetary policy. Worst still, Access Bank was owing Intercontinental Bank and finally Access Bank acquired Intercontinental Bank under Sanusi's regime. |
Re: El-Rufai To Soludo: You Created A Cancer by trainingict: 7:11pm On May 10, 2013 |
Oga Nasir, He is a genius. I met him the first time in 1997. In 1998 during the Gen. Abudsalam government he was a member of the presidential advisory committee. He is a great thinker, he also works very hard. Anybody that has anything against the book should write their own account of his stewardship as they observed it. I believe people have made up their mindset even before the book was published. |
Re: El-Rufai To Soludo: You Created A Cancer by texazzpete(m): 7:37pm On May 10, 2013 |
sleekcm: El Rufai admitted to not having a "professorial mind" so how on earth could he have written down "verbatim all conversations" he had with others? Did he record his conversations with people illegally? You can have a very good short term memory, but have a poor retention capability over a long period of time. That is why someone can get 90/100 in an exam in 100L but by final year he cannot remember half of what he read for that course. He says he wrote those things down straight away in his diaries and ledgers. |
Re: El-Rufai To Soludo: You Created A Cancer by gtrust: 7:53pm On May 10, 2013 |
texazzpete: How can you write down a conversation of which you are not part of How can you write down conversation that took place when you were NOT there How can you write a book and publish it when those conversations are dafamatory |
Re: El-Rufai To Soludo: You Created A Cancer by gtrust: 7:56pm On May 10, 2013 |
Please, someone should call Prof Soludo's attention to this write-up. We need another reply from him. Otherwise, why not live on TV I will be better than watching the champions' league final! |
Re: El-Rufai To Soludo: You Created A Cancer by Chylo(m): 8:27pm On May 10, 2013 |
OsunOriginal: My friend, sharrap. You must be the daft one. If you had read my post, you would have noticed that I simply commented on the fact that El-rufai, knowingly or not, gave certifiably wrong information in his book, thereby making one wonder what else he may have gotten wrong. You're the one who needs to grow up - mallam's as-s kisser! |
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