₦airaland Forum

watch it here

http://www.bbc.co.uk/iplayer/episode/b00mqjjn/Panorama_Europe_or_Die_Trying/

Did you hear about the Europe-Libya deal?

They even refused to allow the reporter access into the main dungeon. That tells much about the suffering in there.

I do not watch it, but I stumbled on it while I was bored browsing through my channels.

It was disgusting. See how they chorused 'Nigeria' when they were asked where they were from?

The rest from somalia. Can you imagine? Nigeria and and somalia? God save my country.

[flash=425,344]
https://www.youtube.com/watch?v=X01gdAy6bGI&hl=en&fs=1&"[/flash]

[flash=560,344]
https://www.youtube.com/watch?v=jJ_Tpgvwt-c&hl=en&fs=1&"[/flash]

New osondi O wendi. Check am out.

[quote author=pres-elect link=topic=225819.msg4544398#msg4544398 date=1252967343]nwanne onaghi ara ahu ihe mmadu a wuru nke onye ozo[/quote]I bu nwamba (pussy-cat)?

A huru m otele ebe O bu garri na akpa Ghana-must-go. Ofu akuku dowa. O kwa munwa biara nyere ya aka dozie akpa ya. O gwara m na ya ga-abia tuoro m mma tata A ka m na-eche ya.

[quote author=pres-elect link=topic=225819.msg4543908#msg4543908 date=1252960627]khm khm khm, thank you, thank you, thank you very much, we appreciate, mana ka m jukene gi, o wu nani ify ka ihuru na threadia? ka i nwere other plans?

anyway, welcome, ibiala. nnoo. chukwu gosie gi nke oma _{but wepu anya ebe ify no o, maka olugo di}[/quote]Dei dei dei! nke a, a na-akpo ya gini ? Insecurity! lwkmd

Any online streaming site guys?

oyinlaifa:
Am really surprise myself, this year result was so poor, but the marking scheme is so post to be low, sorry to everyone took took part in the exam,

What's that? Supposed?

qblaze
Please see one evidence from princekevo's post if you cannot see the one narrated in daily independent above.

^
I can forgive you for editing while under the influence of anger. i was angry too after the saturday stuff but then

hehe

Fhemmmy:
I love it when someone talk civilized without yabbing or cursing.
Here is my take.
Every bank in Nigeria gives Collaterized, depending on who they are dealing with.
Like you said, they do so against safety, so tell me, how could someone approve billions of Naira without such safety, how come someone allow someone to take such loan and yet do nothing to recover such loans till the banking watchdog was breathing down their necks?

Can you also tell me why the CBN pumped 420billion into a private company without legislation that will enable the recovery? It is neither an equity as he denied he is nationalising the banks nor a loan.

No they interfere with pupillary responses necessary for Neurological assessment, not pupillary assesment!
They are therefore contra-indicated in raised intracranial pressure and in head injury. peace!

Some people still looking for evidence that abounds in this thread before they accept that LCs are being rejected by foreign banks? Wonders!

Probably they find it hard to read other people's posts.


I am still surprised that some people are yet to see anything wrong with the sanusi episode. Haba no matter hoqw much you idolise someone, you do not let that ruin your objectivity. if you cannot condemn his action in public, then accept his mistake in secret and keep quiet (cowardice though).

Concern in World Bank over Sanusi's bank reforms
By Emma Chukwuanukwu, Assistant News Editor and Adeola Yusuf , Correspondent, Lagos

There is growing concern among officials of the World Bank and other international credit lending bodies over the ongoing reform in the Nigerian banks, aftermath of the sack of some bank chiefs recently by the Central Bank of Nigeria (CBN) Governor, Lamido Sanusi


The World Bank and other international lending institutions that support both the government and private business organisations in Nigeria are said to be raising queries over the recent actions of the CBN. Sanusi sacked five bank chief executives on August 14 and handed them over to the security agencies for criminal trial in the courts.

The Chief Executive Officers of Oceanic (Cecelia Ibru), Intercontinental (Erastus Akingbola), Afribank (Sebastine Adigwe), Finbank (Okey Nwosu) and Union bank (Barthelomew Ebong) as well as those of some of their subsidiaries were affected by Sanusi's action and are being prosecuted by the Economic and Financial Crimes Commission (EFCC).

An official of the World Bank, who pleaded not to be mentioned, told Sunday Independent that the apex world financial institution was particularly concerned about the legality or otherwise of the CBN actions, especially as it concerns the N400 billion bail out extended to the troubled banks without an enabling law by the nation's National Assembly.

"What the CBN has done may have saved the banks in question from going under, but it has also definitely affected Nigeria's international credit rating negatively. The international financial institutions now view Nigerian government and businesses with suspicion as regards their credit rating.

"They are not comfortable that the CBN governor could release such a huge sum of money to privately owned banks without an enabling law by the National Assembly and I think that is what Mr. Sanusi has been labouring to explain to them during his trips to London and China recently," said the official.

Especially disconcerting to the international financial community, according to the official, was the explanation Sanusi gave in London to the effect that the CBN had to print money to shore up the dwindling capital base of the five troubled banks. "They were taken aback that Sanusi could do all that without an enabling law by the National Assembly," the official said.

The World Bank official said corresponding financial institutions overseas which lend money to Nigerian businesses may stop such credit facilities until confidence is restored in the Nigerian financial sector.

"You are aware that some banks abroad give short term loans to Nigerian businessmen, especially importers of finished goods. Some of the foreign banks may not extend such loans now, especially as the credit facilities are guaranteed by some Nigerian banks, including the five troubled ones.

"Another source of worry to the international financial institutions is the silence of the Nigerian authorities on the CBN action. Although, the authorities have said they support the action by the CBN governor, they did not say whether it was part of the government's economic reform policy and state the direction it is going. "They are still confused about how the CBN could invest public funds to shore up the working capital of privately owned banks without explaining whether it was a loan or equity fund and how it would be returned to the public purse. These are very sensitive issues to the banks abroad, especially in these days of economic meltdown when most of them are struggling to stay afloat," he said.

He said most importers would soon feel the impact of the reactions of their foreign lenders except the Federal Government moves fast to clear their areas of anxiety. Particularly at risk are the major importers of refined petroleum products who often use such credit lines to sustain regular importation of fuel into Nigeria.

A major fuel shortage, which could ground Nigeria's economy to a halt is looming as banks have placed restrictions on lending to major oil marketers who are responsible for the importation of over 60 per cent of petroleum products into the country.

Investigations by Sunday Independent revealed that many marketers are already running short of funds.

Lending banks, it would be recalled, took to this new measure following the on going auditing of their operations by the CBN, which has led to the arrest and continued detention of many banks' CEO.

Executive Secretary of the Major Oil Marketers Association of Nigeria, (MOMAN), Thomas Olawore confirmed the threat of withheld credit for the petroleum products importers, adding that MOMAN has communicated its predicament to the Federal Government and requested its urgent intervention.

" Our members, especially those whose names appeared on the CBN debtors list have complained that their letters of credit are not being honoured by the corresponding banks abroad. If the government does not act fast, this situation may affect the importation of petroleum products into Nigeria soon.

"I have sent mails to members on this subject and as you can see I am still waiting for their response before we can know how best to answer the questions," he told this newspaper in a telephone chat.

A Managing Director of one of the major marketing companies, who spoke with Sunday Independent, noted that the country would be sorry for the actions of the CBN governor if not properly and urgently modified.

He said further that it is not possible to avoid a fresh rounds of petroleum products scarcity as most marketers and importers are now faced with the problem of trust from corresponding banks as letters of credit from Nigerian banks are not being honoured by the corresponding banks.

http://odili.net/news/source/2009/sep/13/401.html Daily independent

mukina2:
Agaba
i meant if i send you msg ?
wetin i wan send you msg for . .i wan shoot you i dey send you msg
read well next time oh

I read it well, good you have edited

Anywhere where person for watch this online even if na pay as you go?

Mukina

Where you send am go?

dumodust:
and too, no registrar in nigeria earns  near 140,000 talkless of 250,000. Agaba123, your ignorance and wild claims are bothering on lunacy

Wow wow! Thanks again.
Do you work in a hospital that implements CONTIS( not sure if I got the acronym right)? If you do not please ask anyone who does.

I may be wrong about the N250K figure but that is what a doctor told me.
But I am sure I am not wrong about the 140K stuff. Remember it varies. I am talking about where pharmacy interns earn 120K, med lab guys earn 110K or there about. These people have 2% basic as call duty. Doctors have 4% as call duty. The house officers earn like 150k or more. Think about a reg.

Whatever it may be, the doctors are the best paid at the moment. Please kulu temper. What I am saying is not gonna affect any negotiations ongoing  .

dumodust:
and too, no registrar in nigeria earns near 140,000 talkless of 250,000. Agaba123, your ignorance and wild claims are bothering on lunacy

Thank you dumodust.

I am sorry if I come across the way you described me.

How ever I did not compare the pharmacist to the doctor literarily. They are two different professionals.  I compared them based on someone's submission and you will do well to counter my argument based on my submissions not what you have in your head.

Pentazocine? Now look at the whole context of my sentence before you rush to conclusion.

You will have to consider the word 'drunk' and the phrase 'head injury' as regards the use of pentazocine before you say whatever you wanna say. I was told it is contraindicated in such a condition due to a possibility of raised intracranial pressure. I have witnessed at least one case where someone was sent to abyss with just 30mg shot.

Now take it easy and educate me. We are not quarrelling.

tubabie:
Agaba your team is doing well too unlike hmmm . . . . . . . . . . .

Fingers crossed
Yours is actually leaping! Moved 7 places today.

mukina2:

And what does that mean?