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constantk:the EDW was not enough time to recover easily that was over-abused since they had Anambra aspiring governor Soludo in their pockets. Maybe since u are very smart u might suggest better ways that Sanusi could have used. |
The CBN printed the 420B bailout fund with 1B yet these so called "insolvent" banks have not used up to 5% of the bailout funds rather they are all saturated even in the interbank borrowing.i wonder if the person who posted the above knows anything about banking. does the CBN have to print money to bailout any bank ![]() have you heard of making accounting entries to recognise the bailout funds ![]() how much did soludo print the money he made available to these banks under his Extended Discount Window, which is another name for bailout ![]() McKren:have u been on the moon since last month u bin no read for papers sey dem don charge dem to court even grant them bail only sey dem never fit satisfy the bail conditions ![]() i just dey pity the millions of ordinary citizens who put their trusts in these smartly dressed daylight thieves and bought their shares make dem for buy private jets with, build flashy offices, print daily devotions and set up christian radio etc while not giving loans to SMEs that can create multiple employment to the 80% unemployed youths (according to 9ja Labour minister) thus reducing armed robbery, kidnappings, begging etc. na im make some people sey he better for do business in 9ja because plenty mugus wey think sey dem sharp full there. |
Udobass:thanks for the bold part, make everyone do im own bit so after a while friend + enemy the cleansing for go round. ![]() |
sanusi is making his own contribution just as ribadu also did in his time. others who were before and will be after them will be compared against their achievements. what are u contributing to make 9ja better apart from shouting our leaders are bad from the rooftops regularly ![]() how many people living above their known legitimate income or engaged in electoral fraud or other detrimental societal behaviour have u reported to any law enforcement agency- EFCC, POLICE, INTERPOL, FBI etc ![]() Do your best and leave the rest!!! |
Ekwere:to imagine the red bold part came from someone with a signature of - Do to others as u wish them do to u- is very shocking to say the least. I guess ekwere will say he is a Christian, or maybe u expect others to wish u the same things |
AMBASSADORS and representatives of more than 68 nations were on Thursday led in prayers for global peace by General Overseer, Redeemed Christian Church of God (RCCG) Worldwide, Pastor E. A. Adeboye, at the United Nations (UN) headquarters in New York, United States (U.S.)It seems the journalist does not know how to make a mountain out of a mole hill. Out of the 68 ambassadors and representatives only two were mentioned including a senior Nigerian diplomat who is also a pastor, NOT the Permanent Rep of Nigeria to the UN, NOT even the Nigerian Ambassador to the US. Shows what cadre of representatives were gathered there yet the story opens in a very grand way. I think the journalist should have done a better job of earning his egunje by writing a better spin- i bin forget sey he no easy for lie in this google age, which explains why Mr. daddy GO is attacking the internet. ![]() |
Kris Okotie is just another hypocrite trying to get political ge from Gani's death. And what dues(?) should be given to someone talikng to himself as in not making sense to the vast majority of the 140m Nigerians he is implicitly addressing. Abi as the man be honourable, d people for im constituency na obodo oyibo people only.- ewu impostor. ![]() |
brauneyes:that is how they keep their society safe and functional- being your brother's keeper. when will we learn to do the same ![]() |
richcookie:everything na leaders like sey dem no be ex-ordinary citizens like you and me. After this your dongo manifesto of wetin-i-fit-do, can u please give us a list of what u have done to restore 9ja's battered image? |
And what is our so called government doing about situations like this?snapshot, have u asked yourself what you can do and will do about corruption and other negative behaviour ![]() |
to avoid such national embarrassment in the future warn your friends or relations living beyond their verifiable legitimate income. . . if they do not desist report them to the nearest law enforcement authorities such as FBI, EFCC, INTERPOL etc. Give your society a good name, rid it of criminals even when they are your relations and/or friends |
For those who are concerned about his writings focusing mostly on areas other than his banking profession should consider that he practised that daily and his supervisors and peers acknowledge his worth regularly. I am sure those concerned can find out from their friends and relations who are bankers about Sanusi's reputation in the industry and come to a conclusion after speaking with a varied sample. I remember a medical doctor (forgot his name) who writes articles/OpEds in the Guardian but cannot remember him writing on medical issues. |
Jarus, It might be useful to always quote the source of your articles to increase their You can modify your posts to put them in. Cheers. |
@ Jarus, Thanks for your posts on the other thread about Sanusi's mind, which is very useful in understanding the guy's motivation for his actions. @mikeansy, I think you do not appreciate that the best way to progress with any oppressor is to use his public claims to draw your own benefits. If you read Sanusi's articles and add his latest action in CBN you will find ready material for what you claim to seek- TRUE FEDERALISM. However it seems (I may be wrong) that you are so fixated about his Sharia comments that you are missing out on the possibilities in the man. And that is really regrettable. ![]() BTW, his Sharia position seems to be limited to its application to M.uslims who subject themselves to it generally speaking. Moreover, he seems to be a moralist and you can grant him that knowing he is a m.uslim youth who probably grew up in teh midst of serious issues that challenged his faith in Lagos. Nevertheless, I believe there is far greater good in the man that we should focus on while finding non-abrasive ways of coping with his rough edges (on Sharia for example). ![]() |
Nigeria is a multi-religious state which should, however, ensure that no religion is given preference over others.mikeansy, did you notice the above quote that was just after the sentence you highlighted in your previous post above. instead of trying to stick labels where there really is none, you should rather ensure that the religious freedoms/support he seeks when granted to M.uslims are also granted to Xtians for example in the areas of federal appointments, pilgrimages to Mecca and Jerusalem, donations to Christian and M.uslim places of worship etc, etc. |
kobojunkie & mr. cracklesRebarobyn, You probably know quite a few Nigerians who live above their means and most likely are scammers, 419ers or seriously corrupt. Instead of waiting for govt to do enough, ask yourslf how have you helped govt to do anything ![]() How many suspicious people have u reported to the police, EFCC or INTERPOL? You can send a message to INTERPOL here: http://www.interpol.int/public/mail/mail3.asp?id=info and to EFCC here: info@efccnigeria.org That was what Bernard Madoff's kids did to report their dad to FBI and make for a better US society ![]() |
Nigeria: Frederick Fasheun - Back From the Brink Murtala Opoola 26 June 2008 -------------------------------------------------------------------------------- opinion Remember Dr Frederick Fasheun? The same O'odua People's Congress (OPC) kingpin, that is when Ganiyu Adams, the vicious fire-eating flipside of Fasheun, is not around. The other day, I saw in copious print Ganiyu Adams with his missus decked in damask brocade in a gathering of Yoruba elders, it made me to wonder at what age one becomes an elder. To be called an agbalagba in Yoruba land, you must be well past the mandatory three score and ten. I can swear on my tattered "wando" that the fellow cannot be more than 40 years. So how come he was at such graying gathering? Certainly, he must have issued the doddering old men some terrible ultimatum to make them admit him to their gathering. His was the only fresh face there. But let's go back to Frederick Fasheun. The other day, I thought my eyes were deceiving me when I saw Fasheun in an embrace with retired General Ishaya Bamaiyi at the grounds of the High Court in Lagos And there beside him was Frederick Fasheun wearing a mischievous mirth on his face. The story published along with the picture did not say anything about Fasheun. The reporter concentrated on the release of Ishaya Bamaiyi. Did I hear you say why was Fasheun's embrace with Bamaiyi so important? Well, let me refresh your memory. Dr Fasheun - a medical doctor - practised his medicine in downtown Lagos. Some say he is so good at his trade, particularly that part that has to do with cutting open human bodies to fish out whatever ails them. Whenever it suited him, he dabbled into the gerontocratic politics of Yorubaland anytime those self-appointed elders meet to discuss the welfare of Yorubaland. Suddenly after the demise of Moshood Abiola and the emergence of Sani Abacha as ruler, something snapped in the soft-spoken doctor and he announced himself as the head of some nebulous organisation called O'odua People's Congress (OPC). At the venue where the announcement was made, Fasheun was decked with charms and amulets and interjected his speech with Yoruba incantations and imprecations on those that had denied the Yoruba their inalienable right to rule Nigeria through Moshood Abiola. From then on, as they say, the rest is history. OPC headed by Fasheun and numbered in its ranks some out-of-luck illiterates, misguided area boys, thieves, cutthroats and hoodlums, began to terrorise the nation, attacking anyone that looked oddly unlike their kind, thereby constituting themselves into a veritable menace to all peace-loving citizens. The mention of OPC was enough to send everyone running for dear life in cities of the South-West. Yours sincerely ran into such commotion in 1999 around the Ketu market in Lagos. I had to abandon the car I was driving to swim through a thick and oily sludge all in the attempt to arrive at Ijora where I worked. I arrived there barefooted without my cap and looking thoroughly like an excavated gossamer! A few times, the OPC usurped the duties of the Nigeria Police and its members went after the ubiquitous armed robbers. On such instances, it was always a three-way fight and no one dared to venture out for fear of being caught either by the police and/or armed robbers' bullets or OPC's pellets from its members' Dane guns. However, people ran more from OPC's incantations and imprecations, which according to account, could make one to disappear, go raving mad or simply turn into some inanimate object, depending on the wishes of the perpetrators. While all these were going on, the law caught up with Fasheun a few times. Dragged to court to answer to charges of mayhem, violence and general confusion and disturbance of peace, Fasheun was kept in prison several times. At some point, it was clear that the OPC that Fasheun created, perhaps as a vehicle to launch himself from his dreary medical practice into politics, had grown bigger and more viciously incipient threatening to swallow all of us up. Soon, internal division ensued with Gani Adams heading the more virulent faction and scattering chaos and death. At one time, President Olusegun Obasanjo invited him to Aso Rock to explain to him what he thought he was doing. Because, as Obasanjo put it to him, if he thought he was championing Yoruba cause, he was deluding himself. But by that time, Frederick Fasheun had become a "nonentity" in OPC - the hotheads had taken over. It had become all but a criminal organisation with a nostalgic throwback to Yoruba cosmology, not to say irredentism as existed in the 16th and 17th centuries when the kingdoms were being founded. But thanks to Obasanjo, his tenure saw to it that the OPC was dissuaded from its misguided aim of carving a Yoruba nation out of Nigeria. And so pacified, Fasheun is now attempting to warm himself into mainstream, commonsensical Nigerian politics by empathising with the embattled Ishaya Bamaiyi and locking him in an embrace. Not satisfied with this, Fasheun attended the 10th anniversary memorial of General Sani Abacha. Well, what can I say? We welcome Dr Frederick Fasheun back from the brink and hope he not only faces his medical profession, but also consults with his octogenarian elder colleagues next time before embarking on another misadventure with brinkmanship. Copyright © 2008 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). Source: AllAfrica.com This Fasheun press conference seems to be the latest in his attempt at re-gaining relevance in national discourse in a do-or-die manner, by hook or crook, without principles to become part and parcel of the oppressing elites. I remember seeing his picture at the Abacha memorial and wondering what was wrong with the man, now it all makes sense. What a shame that we have such people who hold themselves out as opinion leaders of teh Yorubas- Shio ![]() |
The full text of Sanusi's discourse on "ISSUES IN RESTRUCTURING CORPORATE NIGERIA" can be found here: Waado.org It is rather long hence I have not posted it directly here, but worth reading to better understand the man, Sanusi. |
naijaking1:I agree with you to a large extent BUT I would rather suggest he moderates (recalibrates) his thoughts and actions along his enlarged, national and more political position now as CBN governor even as he tries to carry out his reform agenda. He may need to borrow a leaf from Fashola in Lagos, who seems to have found a good balance, which even Obama is struggling to achieve in the US. |
The Nation Psycho-analysing Sanusi Lamido Sanusi By Femi Orebe Published on 6/09/2009 I shall rely in this article, almost exclusively, on a paper captioned: ISSUES IN RESTRUCTURING CORPORATE NIGERIA, delivered by Sanusi, then only an Assistant General Manager, Credit Risk Management and Control Division of UBA PLC in September, 1999. That was at a National Conference on the 1999 Constitution jointly organized by the Network For Justice and the Vision Trust Foundation, published by the Urhobo Historical Society and, which a perceptive Nigerian recently made available online at this very auspicious time when all types of stratagems are being attributed to the new CBN governor in the wake of his courageous exertions on behalf of fatherland. Say what you like, these Hausa- Fulani boys do have them: Ribadu, el-Rufai, Sanusi et al and it derives from a self-confidence so lacking elsewhere; even in persons who are no less educated or intelligent . Sanusi has shown conclusively, for instance, that Soludo was nothing more than a swashbuckling Public Relations Manager, forever claiming that Nigerian banks were immune to the world economic recession, even when he knew only too well that some of them were already in the Central Bank’s ‘comfort zone’. Even the most asinine historian knows he cannot draw valid conclusions from only one source. I therefore decided to Google-search Sanusi Lamido Sanusi. The result? I found him consistent, in spite of the jabs of the likes of Muhammad Jameel Yusha’u. But first, a confession: In view of President Yar’Adua’s unpretentious insularity and his rather unwavering predilection to give the top jobs to the North, I had my initial doubts about Sanusi who, I believed must have been head-hunted by those who believed that the North was badly short-changed during the banking consolidation exercise. I had therefore, pigeon-holed him a priori, as the North’s ‘deus ex machina’, to resolve the plot in favour of the North. But, as he says in the paper under reference, here obviously is a new Northerner. In the paper, drizzling with rampant vitriol, even iconoclasm and blatant home truths, the author clinically took apart various segments of the Nigerian elite at whose feet he laid the causes of the nation’s decay. Sparing neither the North, the East nor the West from the wreck Nigeria has become; what I have described, elsewhere as a burden, the author demonstrated a clear-headedness which I am sure the man who appointed him to his new post must have been clearly unaware of; thereby signposting, well in advance, the tsunami he has just wrought on the high and mighty in our banking halls. For ease of reference, and in order to perfectly situate our man, there is an obligation on the part of this writer to quote him, seriatim, on various issues affecting the Nigerian polity, especially given the fact that in 1999, it would have taken no more than a phone call from the likes of Femi Fani-Kayode, on Baba’s orders, to make the young man head for the nearest employment agency. On the founding fathers of the country, he had the following to say: ‘The truth is that irrespective of the motives which drove Chief Awolowo and Dr. Azikiwe to hold strong nationalist views, their position was indeed progressive. Similarly, irrespective of the motives that drove Ahmadu Bello and the NPC to emphasize the differences between our peoples and resist the progress towards integration, those views in as far as nation-building is concerned, were reactionary. Ethnic and Religious chauvinism, in all epochs, are reactionary doctrine’ On the structure of Nigeria, he posited as follows ‘A second objective factor in the structure of the First Republic which is, this time, a draw-back, was the lack of equity in the delineation of its constituent parts. The North was too large compared to the other regions and it was, in reality as well as perception, preponderant and overbearing’. He gave instances of Northern bias, consequent upon this fact, as in the carving out of the Mid-Western Region from both the West and the East whereas the Middle Belt agitation in the North was brutally put down. His views on the federating units were even more audacious though hard-headed and professional. Said he: ‘we note that one of the major strengths of the structure of Nigeria in 1966 was that it was made up of economically viable and self-sufficient Federating units. … However, this process which, in my opinion, should have stopped with the creation of 12 states by General Gowon continued in a ridiculous fashion until we find ourselves today with 36 glorified latifundia called states and a Federal Capital Territory. Each state has a bloated civil service, a governor and his deputy, commissioners, state assembly, Judiciary, etc, such that its total revenue is insufficient for prompt payment of salaries and the states have to run to the Federal Government or to banks for assistance or loans’. ‘As my own bank’s Credit Risk Manager, the moment a borrowing company is not doing the business it was set up to do, and needs an overdraft to pay salaries, I know that company is bankrupt and it is time to appoint a receiver for its liquidation’. This philosophy, in my view, underpins his current actions. On the Sharia he wrote: ‘While the insistence of Muslim North on Sharia is thus understandable, it however, seems that all too often, the northern bourgeoisie ignores a number of key points. … It is primarily about providing the people with the best material and spiritual conditions the resources of state can provide. It is about honestly managing their resources, about giving them services in education, health, agriculture, etc. It is all well to ban the sale of alcohol, but this does not take the place of, or have priority over, meeting the material needs of the people. Our elite use the Sharia debate to divert attention from their own corruption, nepotism, abuse of office and un-Islamic conduct.’ The second point, which the Muslim elite ignore, is the dividing line between commitment to Sharia and encroachment on the religious rights and dignity of others…’ These views, if you do not know already, are absolutely revolutionary especially coming from a privileged Fulani and, you bet, he was duly excoriated for such and other blasphemies as both anti-North and, even, anti-Islam The paper, ISSUES IN RESTRUCTURING CORPORATE NIGERIA, my mirror into the mind and mental cognition of Sanusi Lamido Sanusi, is a deep and far-ranging offering which space constraint will not permit its analysis in depth here. One thing though: Sanusi does not take prisoners. This much he showed in his leviathan dismissal of South-West politicians whose politics he described in the paper as ‘The Yoruba Factor and "Area-boy" Politics. A snippet: My views on the Yoruba political leadership have been thoroughly articulated in some of my writings, prime among which was "Afenifere: Syllabus of Errors" published by This Day (The Sunday Newspaper) on Sept 27, 1998. There was also an earlier publication in the weekly Trust entitled "The Igbo, the Yoruba and History" (Aug, 21, 1998). In sum, the Yoruba political leadership, as mentioned by Balarabe Musa, has shown itself over the years to be incapable of rising above narrow tribal interests and reciprocating goodwill from other sections of the country by treating other groups with respect. Practically every crisis in Nigeria since independence has its roots in this attitude’. As I mentioned earlier, space concerns obviously does not permit a critique of this seminal paper which, in my view, puts its author squarely amongst Nigerian patriots. However, suffice it to say that he missed the point in his characterization of South-West politics. This is because in the same way the Islamic faith has never accepted the dichotomy between Religion and Politics, mainstream Yoruba political thought is congenitally opposed to politics of paternalism, as practised in the North, or of pedestrian consumerism, as practiced, elsewhere in the country. Rather, it is driven, solely and in principle, by what we call the OMOLUABI mindset. This is precisely why the South-West political landscape is strewn with the skeletons of opportunistic politicians who deviate from this time-honoured cultural prescription and from which group the North, unerringly, recruits its allies in the region. Here, some things are simply anathema. In concluding this piece, I make bold to declare that Sanusi Lamido Sanusi is a genuine product. He deserves our utmost support in this urgent task of cleaning the Augean stable Source: Nation Online |
the conspiracy theories will abound whenever there is someone trying to make positive change in a rotten society like ours. I am sure you can figure out those behind the conspiracy theories easily. to understand sanusi better as a social critic, who now has a chance to put into action some of the thoughts he had expressed previously you can check the GAMJI website where his articles are featured including the one quoted out of context by OPC on Afenifere. http://www.gamji.com/ you will need to scroll down and see on the right "GAMJI WRITERS" Then click on "SANUSI L. SANUSI" |
the second commentator whom I assume is a Nigerian (?) was very shallow in his job. No historical, analytical capacity to complement/match the other commentator (white/south african?) |
I thank God for Gani's exemplary life and the inspiration he has been for others to follow in his footsteps. May his dream of a Nigeria where the rule of law reigns supreme be realised sooner than later as many young Nigerians rise up to fill the vacuum left by his demise- Amen |
what does the k.oran say about sex during ramaddan. please quote the texts. thanks. |
lekejoe:Better to advise one's mum to play by therules to avoid being a national embarrassment. lekejoe:have u been visiting this web site at all? there are so many threads on the corruption by these non-performers that we (u & I) have allowed to lead us. nevertheless, we need to start somewhere and this is a good start as any. lekejoe:what do u think is a bank's business? - buy money (take in deposits) and sell money (give loans) while the interest differentials is their profit, putting it very simply. so if they don't give loans as u suggest they will be out of biz. moreover, if they don't give loans properly, there will be no investments in other businesses, factories leading to unemployment and greater crimes of robbery & kidnaping. |
qblaze:Multiple GBOSAS for the above. |
funkygirl:Where did you get the bold part from in your Bible, madam funkygirl ![]() |
PAININASS:At least we can start somewhere even though small before we go for the big fries. I am sure you must have been told one of the good exam techniques is to start with easy questions and build up your confidence towards handling thetougher ones. Let's encourage our law enforcement agents to take on their roles effectively by reporting the fraudulent people around us also. |
she started the acting when she gave herself up looking weak ![]() now she collapses next you will see her lawyer requesting leave to take her abroad meanwhile, the millions of innocent depositors whose money she mismanaged and SME self employed whom she denied loans (for growth and job creation leading to greater kidnappings and armed roobery by unemployed youths) can continue gnashing their teeth and complaining to God to give them a breakthrough. welcome to 9ja ![]() |
https://www.nairaland.com/nigeria?topic=144073.msg2429539#msg2429539 Re: 17, Female, Wants To Be An Engineer?stumbled on this old post by the newest bank phb employee. . . apparently she no longer feels good to be in teh engineering profession. . . bank money and sharp dressing good oh, sanusi or no sanusi ![]() more grease to your elbow and don't forget to finance productive projects in teh engineering area of our economy by SMEs rather than just the importers of toothpick ![]() |
Firstly, congrats for landing a good job finally. And thank God for His mercies. However I hope you realise you had to work hard first using your God-given wisdom before He could bless your efforts. Moreover, you should try to distinguish between God and your church/mosque/shrine/pastor/imam/oluwo. They are as different as day & light. Lastly, if you compromise on the Love your neighbour as yourself & Do unto others as you would have them do unto you[b] that most religions preach[/b], you would have deviated from righteousness and whatever subsequent success you receive cannot be from God. I hope you understand! Once again congrats. |
vission:the politicians whose job it is to provide such amenities are stealing and giving a big cut to Adeboye and his fellow ![]() |
1 2 3 4 5 6 7 8 ... 1868 1869 1870 1871 1872 1873 1874 1875 1876 (of 1886 pages)




