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Politics / Re: When Will Insults/tribalism End In Nairaland by adigun101: 11:29am On Jul 25, 2009 |
I think we there should a detribalised section on NL. |
Politics / Re: Soyinka Blasts Yoruba Leaders by adigun101: 1:25am On Jul 24, 2009 |
This how to be a Yoruba or any ethnicity. There are only a few of us left. |
Politics / Re: Should Mko Abiola Be Immortalied? by adigun101: 12:53am On Jul 24, 2009 |
I think if Abiola is immortalised the Alhaji shehu yaradua should be immortalised as well. He was cheated to give way for MKO and eventually lost his life for democracy. Abiola indirectly was part of the plan until IBB turned on him. |
Politics / Re: Breaking News! Onovo Finally Appointed Inspector General by adigun101: 12:36am On Jul 24, 2009 |
benchuks: I thought Okiro was Igbo. This whole Igbo thing is beginning to confuse me. |
Politics / Re: Awo The Great : Not So Great Outside Yorubaland ! by adigun101: 12:10am On Jul 23, 2009 |
Becomrich: @ Becomrich Whats it with all these maps. Can you explain the connection with Awo? Awo is a National figure no doubt, so there is nothing wrong with talking about him. His face adorns our 100 naira note for crying out loud. But what do non-yorubas remember him for? We've heard enough from the oduduwas plus all you biafrans as well. |
Politics / Re: Awo The Great : Not So Great Outside Yorubaland ! by adigun101: 12:06am On Jul 23, 2009 |
KnowAll: Should I now equate Awo to the likes of Ojukwu. I beg to differ , I think Awo was greater than what you are making him to be. But my question is how has he impacted non-yorubas in Nigeria. Like a friend of mine put it , the greatest Nigerian to have come out of yorubaland is Obasanjo and not Awo! |
Politics / Re: Awo The Great : Not So Great Outside Yorubaland ! by adigun101: 3:17pm On Jul 22, 2009 |
I am not critisizing Awo but after going through a book written about Awo and all his missed legacies for Nigeria, I tried to convey it across to people who saw different opinions on the man which where not apparent to me. My take is that no individual is perfect , we will need to draw from the positives on individuals while not abandoning their negatives. If these allegations are true we need to re-examine them but nothing should take away the good qualities of the man. I have spoken to a german who highlighted the great merits economically and politically of the Hitler era but rounded it of with Hitler being the worst thing that happened to Germany. Did Awo really Marginalise the Niger delta . Is it true that Awo justified his treatment of present day midwestern state by stating that the western regions finances came from cocoa which were produced in the core yoruba areas and hence the selective development. From many accounts the midwest was delivered from the marginalisation of Awo by Dennis Osadebey's NCNC which led to the creation of Mid-Western State. They often alledge that Awo reneged on his principles on the discovery of crude oil in the Niger Delta area in conaivance with Gowon. I grew up in todays's midwestern region and there is absolutely nothing in the whole of Edo/Delta states that can be attributed to Awo. Isn't that quite suprising. I will welcome more opinions but please do no turn this to a Biafra Oduduwa fight. |
Politics / Awo The Great : Not So Great Outside Yorubaland ! by adigun101: 11:45pm On Jul 21, 2009 |
It has surprised me that with all the praises and accolades being heaped on Chief Obafemi Awolowo in the south-western part of Nigeria. He is very unsellable outside Yorubaland. When compared to Zik, Zik has been immortalised in places in his south-east(Enugu, Onitsha, Aba,awka etc), south-south(port-harcourt,calabar) , south-west(Lagos), North-central(Abuja), North-East(Kaduna,Kano,minna, Zungeru) Even more surprising is that no one has anything positive to say about Awo outside the Yorubas. NIGER DELTA The Niger deltans blame him for their present problems, with Asari-Dokubo once calling him a devil.“Awolowo was a devil and his policies led to the present problems that the people of the Niger Delta are fighting against” People in Edo/Delta states even though used to be part of the old western region have accused him of being the originator of tribalism & marginalisation .People in Warri blame him for causing chaos in the multi-tribal city (Olu of Warri Saga). This is even more evident as nothing has been named after Awo in the whole of the south - south region even old midwestern state(Bendel). SOUTH EAST These one have been very vocal even while critisizing Zik. The have accused him as being cynical and coniving during the biafran war.They accuse him as shamelessly condecending for a man of his statute, having accepted a ministerial position under the Junta regime of Yakubu Gowon , something even Ojukwu rejected! NORTH Awo has been characterised as a distabilising character who refused to build bridges and alliances always heating up Nigerian politics to serve personal ends. They would not even mention Awo as having any influence in Nigeria's history. My point is that , in the words of Ojukwu himself . Awo is the best president Nigeria never had. I can't help but feel that if given the chance Awo would have put Nigeria on a different path. But anytime i mention this there is always someone (a non-yoruba) who would think that I am highly mistaken and don't know the man very well. 1 Like |
Politics / Re: Obama In Nigeria, Oh Sorry, Ghana! by adigun101: 9:35pm On Jul 13, 2009 |
Whats the big deal. The US is all about self interest. He supposedly visited Ghana because it is an exemplary democracy. But don't forget he visited Egypt b4 Ghana. Tell me whats so democratic about Egypt ? A Totalitarian, Autocratic state with mubarak in power for almost 3 decades. He bowed and kissed the hands of the saudi King what is so democratic about Saudi. He has been playing cozy with China another undemocratic state not to mention his latest visit to russia another undemocratic state. He the does not visit Nigeria because its not democratic ? Wake up ladies and gentlemen, we cannot be taken for a ride. |
Politics / Re: Uk To Build N300m Prison In Nigeria ! by adigun101: 4:30pm On Jul 11, 2009 |
Salihu Aliyu Nigeria's Director of Public Prosecution agrees. Case closed! He represents all Nigerians. http://news.bbc.co.uk/1/hi/world/africa/8142925.stm |
Business / Re: What Sells In Nigeria These Days? by adigun101: 6:04pm On Jul 04, 2009 |
Sex! |
Politics / Re: North Trades IGP Seat For Customs Top Job by adigun101: 10:57pm On Jun 29, 2009 |
I don't believe in quota system. If the best people for a job are from one state let them be appointed. It is the presidents prerogative. The only time we exercise our rights is during election. When we reward the president or penalise him based on the performance of his appointed officials. I don't understand the way Nigerians think. What has an office holder from your tribe, state or region got to do with your well being. There is this covet wish that you will be more favoured above others. I think Nigerians are summarily selfish, and self centred, even at their own expense. They will accept anything just to make them seem superior to their fellow country man. tribalism, nepotism, regionalism, ethnicity etc are just a manifestation of this. We need to stop pointing fingers at politicians at the top. They are just a typical Nigerians like most of us . |
Business / Re: Best Nigerian Bank? by adigun101: 6:47pm On Jun 27, 2009 |
Going by the utterances of the present central bank governor, I would say that the most reliable bank is First Bank Nigeria, where he was MD. Until further clarification, the rest have either been cooking their books, distressed, or are exposed to sizeable margin loans ! |
Music/Radio / Re: Reuben Abati Vs Banky W: A Must Read! by adigun101: 11:23pm On Jun 24, 2009 |
Reuben Abati has never been more wrong. He belongs to the lost generation that derailed Naija with their lack of ideas and follow follow principles. Now its all about ORIGINALITY through STREET CREDIBILITY . I GET AM ! |
Politics / Re: Chief Obafemi Awolowo: National Hero Or Villain? by adigun101: 5:05am On Jun 22, 2009 |
I think Awo is a national hero. My reasons are because he was instrumental to our independence. I think no matter what part of Nigeria you come from you should respect the individual. He might have had a few short comings but who doesn't. Will never consider him a villian, not even close. But whether he's been the most relevant politically, I would beg to differ. Olusegun Obasanjo has been more nationally relevant to the nation than Awo by a mile. I say even Zik was. But that is the biggest mystery with this man. How come he is so respected in western Nigeria (yorubaland) but is so irrellevant in other places, most surprisingly in places like the old Bendel (Edo,Delta) that used to be part of western Nigeria. What seems to make this great man so unmarketable and downright irrelevant outside his ethnic group as compared to Zik. Zik has been immortalised in every region in Nigeria from the north to the south south. But no attempt has been made to do same for Awo outside the present day south-west. Maybe there are things I don't know. |
Politics / Re: Would MKO Abiola Have Made A Good President? by adigun101: 2:33pm On Jun 18, 2009 |
Abiola was a summary of Nigeria's problems. I remember complicacies in his not running for president when Shehu Musa Yar'Adua was running. Only to come in on a grand scale after he was disqualified. He was close to IBB and was in on the plan all along. IBB only turned on him when he was put under pressure by senior military officers. After being cheated and banned by IBB, Abacha evntually made Yar'Adua pay by mudering him in cold blood. Alhaji Shehu Musa Yar'Adua has paid a higher price than Abiola will ever do. But why isn't he as celebrated. Just contributing a careful analysis ! |
Politics / Re: Is Nigeria A Giant Of Africa by adigun101: 12:50pm On Jun 18, 2009 |
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOO ! Except population wise. |
Politics / Re: Anambra 2010 Governorship Election; Pdp Goes For Soludo by adigun101: 12:37am On Jun 18, 2009 |
Please, ladies and gentlemen, can we go on with meaningful discussions on this thread and ignore this drug addict who somehow has access to the internet. @Affalatus has been following Soludos story on various other threads . Lets just pretend he doesn't exist. |
Politics / Re: Anambra 2010 Governorship Election; Pdp Goes For Soludo by adigun101: 10:50pm On Jun 15, 2009 |
Have anyone noticed that Soludo is the most talked about man on NairaLand, after Yaradua. He just got removed and he's still being talked about. This guy might be a phenomenum, as a matter of fact, the messiah of our generation. And I mean not just for Anambra state. Maybe we've just lost a huge chance. |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 5:50pm On Jun 12, 2009 |
After the Soludo Saga, I have had cause to re-examine Nigeria. Our leaders are the products of our society, their policies and attitudes are a summary of our mentalities and attitudes. We are stubborn in ignorance,choose to be blind to the truth, summarily decietful, and will selfishly protect our self interest no mater how petty and destructive it might be. The fact that the removal (non-renewal) of a public office holder has even generated some heated discussion in Nigeria can only give kudos to the guy involved. Anywhere it is raised, there is some debate.! Do you know how many threads are on NL regarding this issue. It points to the fact that there might be something not quite right. This is not the first time a CBN governor has been removed/replaced in Nigeria, how come this one has generated so much talk. Common, its only a CBN governor ! |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 10:36am On Jun 09, 2009 |
Well in as much as you've made up your mind to invalidate any fact or figure I put forward with some flirmsy reason, I don't see why I should continue. Facts, figures and references has always been and will always be the best way to argue a point. But no matter what you do whoever will not see the truth will not see it. Jarus: @Jarus is spot on and i'm with him on that. @biina you don't get it . Nigeria is a part of the global comunity and its economy doesn't exist independently. All this volatility in our economic / financial policies does not help confidence in the market. And confidence and stability is very crucial to the prosperity of the Nigerian economy and foreign long term capital flow/investment. Why change someone that is not doing badly or as a matter of fact is doing relatively well. Over here in UK a lot of my colleagues are of the view that the government is playing politics with the economy. Foreign Investors are also getting this signal. This is surely not good. Lets face the facts how often do you see the effects of a policy in 5 years. 5 years is a very short time in economic terms. I'm sure Sanusi will come up with his, but it will come to null if he is replaced in 5 years. As per my use of references, why bother, they are all over the place, Just a few like you and Yar'adua do not see it. I can continue giving you references for weeks. Good works speak for themselves. Well it was a nice discussion while it lasted although I was sure you had your mind made up like Yar'adua! |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 2:11am On Jun 09, 2009 |
biina:You have dismissed academic archievements, international consultancy experience, awards and acknowledgements by renowned international bodies, and commentaries by dedicated Nigerian columnists, but now you want my personal opinion. Well as much doubt , I play along. Global bodies all of whom have scored Nigeria low in almost every socio-political and economic aspect, now have their objectives under question. Award objectives are never constant but fall under an umbrella of expectations. Look at the Nobel peace prize as a wild example. Progress is a measure of the state of events between two points in time. (in this pre and post-Soludo era) 1.The average lending rate went down from 20.42 to 18.22 percent between 2004 and 2008. 2. The exchange rate of the Naira to the United States’ Dollar also came down from N132.75 to N116.85 between June 2004 and June 2008. 3. The Bureau De Change, BDC, rate within these periods decreased from N140 in June 2004 to N119 in June 2008. 4. Currently, the value of the Naira to the Dollar has depreciated by 24 percent at the official market as it exchanges at N145 to the Dollar. The parallel market rate is as high as N180. With the advent of the Global recession .( All major currencies followed the same trend of devaluation against the dollar.) 5. The performance of Nigeria’s gross domestic product, GDP, achieved a steady growth between 2004 and 2008. 6. The latest estimate from the National Bureau of Statistics indicates that Nigeria’s GDP grew by 0.8 in 2008 compared to 6.2 percent in 2007. 7. The rise in foreign reserve from $11.44 billion in June 2004 to $60.89 billion in August 2008 attests to the positive impact of Soludo’s first five years on the economy. 8. The consolidation exercise also had a significant impact on the banking sector. It increased the total capitalisation of the banking sector from N315 billion in 2004 to N2.788 trillion in December 2008. Bank’s credit to borrowers grew from N1.133 trillion in 2004 to N7.8 trillion in 2008. 9. The number of bank branches also rose from 3,247 in 2004 to 5,247 in 2008. In the same way, the number of the foreign branches of Nigerian banks increased from seven in 2004 to 69 in 2008. Don't forget keep your eyes on where things were before he started to when he left and not judging him by some hypothetical ideal which has never existed in Nigeria. Well the absence of criticism raises questions but who doesn't have criticisms. But the guys focused on the positive and it was ideal for me because you asked for his achievements not his downsides. 1. But he is the first CBN governor to carry out the sweeping exercise in Nigeria. 2. The consolidation exercise also had a significant impact on the banking sector. It increased the total capitalisation of the banking sector from N315 billion in 2004 to N2.788 trillion in December 2008. Bank’s credit to borrowers grew from N1.133 trillion in 2004 to N7.8 trillion in 2008. 1. In the same way, the number of the foreign branches of Nigerian banks increased from seven in 2004 to 69 in 2008.(in 4 years as opposed to more than 20 years growth) 2. Keep your eyes on the rapid progress! Haba ! Why are you like this. You did even not notice the huge spike in foreign investor activity in the Nigerian stock market. You cannot peg it down to two banks in two banks out. The apex bank transformed the institution into a profitable venture in 2007 and saved the country the disgrace of depending on importation to meet its currency needs. For now, the minting company is not only satisfying the country’s currency requirements, it has also started handling sensitive security printing works for the government and the private sector. The company has the prospect of attracting business patronage and investments from some West African countries. For instance, Ghana is said to be very anxious to do business with the resuscitated company. Before the CBN stepped in to rescue the mint, the administration of former President Olusegun Obasanjo had made up its mind to hand it over to foreign investors to manage. Again Keep your eyes on progress.! Anyone who quote figures and statistics in not just airing his own opinions. |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 10:54pm On Jun 08, 2009 |
biina:The awards from IMF/World bank were questionable because a Nigerian is amongst the publishers. Now that I got an internationally acclaimed one with no known Nigerian among the publishers, you are dismissing them as irrellevant but to you sharia studies is relevant to the Job of a central bank governor. Well why I still go on with you is that this is an open blog and we've got readers who crave for the true facts flat and square. For my earlier listings read the following write-up published recently on one of the Nigerian dailies. http://www.thisdayonline.com/nview.php?id=145031 Please I would rather you don't dismiss this as political, as soludo has already left office when this article was written, so of what use is it lauding him at this stage. This article even sufficed some figures and dates to go with. As they say. The good works of men live after then. I will supply you with so much references as they are all over the place both nationally and internationally. Afterwards I implore you to come out with sanusi's glittering records including awards he might have recieved nationally. Or the effects he had (in results or growth etc) he might have had on the banks he worked for. I challenged someone on this blog to put sanusi's resume side by side with soludos but that individual has since fizzled out. You see quality is not a flash in the pan it is eternal. Awards, Academic and proffessional accolades may not independently confirm quality, but in combination, they indicate consistent quality. May i add that the Bankers Magazines award was "Global Central Banker of the Year award" 2006. Hopefully Sanusi would match that. Even though it's irrelevant. |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 2:41am On Jun 08, 2009 |
@Jarus, with regards your write up you are right in many statements you made. The guy might have what it takes to run the CBN and deliver results. But you drew attention to changing a winning team. One major issue with Nigeria is not in its ability to draw up policies and strategies but in the implementation. One major problem with implementation of these strategies from SAP,MAMSER,NEEDS, vision 2010, vision 2020, 12 point agenda, 7 point agenda and now sanusi's 2 point agenda, is the lack of continuity. Why change a policy or policy maker that is producing considerable results just for us to start all over again. Rather than improving on the already implemented strategy. Every individual has his own idea on the way forward and they may all be valid ones but all this constant redrafting would not help. Americas open market economy worked, Europes socialists leaning markets worked, even undemocratic, un-open market china is working. |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 2:17am On Jun 08, 2009 |
George_D:The Financial Times "Bankers Magazine" has become a questionable Nigerian Political tool published by questionable Nigerian individuals. I guess so is the FTSE 100 index. Some of you guys are probably traumatised by so much negativity in Nigeria or your just plain disillusioned! |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 1:22pm On Jun 07, 2009 |
biina:You call awards by known international bodies, based on results, carried out on a yearly basis, irrespective of whether Nigeria has a CBN governor or not as political. You are amazing ! And you must be very good at deceiving yourself |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 4:36am On Jun 07, 2009 |
Kobojunkie: Kobojunkie:I supposed that comment did not mean Nigerians who went abroad on holidays. I also supposed that the comment meant foreign tutored Nigerians vs locally tutored ones. |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 4:30am On Jun 07, 2009 |
biina:I don't have to spell it out for you.(Consolidation) Nigerian Mint (remember!) Electronic Banking reforms.(Efficient Banking) What more do you need. |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 3:12am On Jun 07, 2009 |
Affalatus:We all know his crimes against people like you. I dare you to spit it out ! I know you can't. Shame no go let you. |
Politics / Re: Sanusi Set For CBN- •‘it’s Not Going To Be Business As Usual’ by adigun101: 3:08am On Jun 07, 2009 |
Kobojunkie:I know that people of your kind do not value the importance and relevance of education and hence, not aware that Nigeria's education system is REALLY inferior and not up to standard. Plus you will not understand the importance of industry/professional exposure which can best be attained in developed economies. Just have a look of the educational and professional profiles of all the executives of the biggest Nigerian companies and you will see that they are mostly (90%) foreign trained. Plus the CBN governor is not and shouldn't be a politician. |
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