naijaking1:

Once upon a time, the federal goverment appointed a proud Kano prince called Sanusi to be the governor of CBN. Sanusi was formerly the MD of First Bank, but his educational qualifications, practical experience, and general understanding of banking as a whole remains an issue of controversy in 'some quarters'
Then, one day, Sanusi woke up and said he has just fired 5 bank CEOs, including that of Intercontinental. He alleged serious and various professional, civil, and personal misconduct against these CEOs, but the CEO of Intercontinental was not in the country as Sanusi was rounding up fellow bankers, senior colleagues, and likely personal enemies as criminals to be locked up by the EFCC. He later congratulated himself for saving the nation's banking industry from imminent collapse.

naijaking1:

If you read the section in the original article where it said, Alabi was concerned about having many moles loyal to the former MD, and they're trying to clean house, why are you still stupidly asking how Sanusi is involved with laying workers off?

naijaking1:

If you read the section in the original article where it said, Alabi was concerned about having many moles loyal to the former MD, and they're trying to clean house, why are you still stupidly asking how Sanusi is involved with laying workers off?

mbulela:

I find this talk about Sanusi's islamic scholarship childish and silly.
Who refers to Akingbola's pastorship or that dude that ran Omega bank aground that was a reverend.
Yet every keeps talking about his islamic scholarship as if it limits him rom executing his responsibilities.
it is a cheap shot that reveals the small mindedness off those who use it.

paddy_lo:

one thing i find amusing about nigerians is that they want to be a modern market economy like america or uk or even china but when market forces act,they start to get all emotional and become conspiracy theorists,
no-one should be guaranteed any job anywhere,once the global economy re-accelerates,these jobs will come back bigger and better for everyone

I think you will find that majority of Nigerians will prefer the sort of policies that obtain in Venezuela and Bolivia where the peoples resources are used to look after the people.

Sanusi has been an unmitigated disaster, his policy unraveled within days of implementation (that is a record in itself) I ask you where are the investors that he traveled the world wooing?

Dis Guy:

Lets be honest sanusi caused the recession

I thought he travelled to allay fears of investors in these foreign countries
with the present outlook, you dont really expect investors rushing into Downtown lagos

^^^
Bros stop spreading yankee propaganda - providing people over 60 years of age with $30 per month (as evo morales has done in Bolivia is a good thing) or providing free and compulsory education for the people (as Chavez has done in Venezuela is wonderful).

Your loyalty must always be to your country and your people first and not foreign investors. BTW New york, London and shanghai didn't throw any Bank directors in jail.

naijaking1:

Thank you.
This lay-off, attacks on shareholders, dismissing bank boards, and even knee-jerk firing of the CEOs are preventable events that could have been done better.
Last week, when I predicted massive job loss via Sanusi, his in-house praise-singers called for my head.

naijaking1:

Last week, when I predicted massive job loss via Sanusi

^
@paddy_lo

When people disagree with you it doesn't mean they are fighting with you or it is somehow personal. Don't always degrade your arguments with unecessarily defensive or offensive language. There is nothing in the words you are responding to that deserves such a response as you've given above.
A lot of the time you come up with good positions, but they get lost because most people don't want high bp because they are on NL and they might just gloss over your stuff.

paddy_lo:

i didnt intend to give the guy high bp. . .i was just making my point accross with some facts

afterall i did not abuse anybody in my post. . .