Anambra Governorship election: Don't vote PDP
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In 2014, Transcorp Plc came out with its initial public offer (IPO) of ordinary shares of fifty kobo (50k) offered to the public at ten naira (N10). The management of that company induced Nigerians with all manner of sweet talks on why we should purchase the shares at N10. One of the reasons given by the company is that after the close of sale of the IPO, the share price will definitely double or even triple.

Because of these sweet talks, the IPO was oversubscribed by more than 52%. Since the end of the IPO till date (over six years ago), the share price never rose beyond the N10 it was sold at the Initial Public Offer. The share price instead of going up as promised by the management of Transcorp plc, crashed from N10 to 0.90k. As at yesterday, the share price of Transcorp plc was one naira, one kobo(N1.01). Ordinary Nigerians lost their hard earned money by that transaction.

Some of the share purchases were done with loans and some of the people that bought those shares are yet to recover from that disastrous fall.

Today one of Transcorp's former top officers that supervised that "deal" against Nigerians wants to be Anambra state governor under PDP. To be governor to do what?

Was he Me Ozigbo responsible for fixing the share prices on the floor of the stock exchange?

Did he tell those guys to borrow to buy shares?


PDP and YPP are the best lineups this time in Anambra state. APGA is a little fair, but APC is not it.

Bad Belle people have come again o