₦airaland Forum

anonimi:
i no fit laugh   at the simpleton reasoning of the above bold quote- so na for your under-bridge economics and finance lesson dem teach you sey CBN must print and inject (like syringe ) into the bailed out banks?

This is what i hate when someone exposes his f9 score in economics on a public forum ,
So you didn't hear from the CBN itself that they printed and Injected, or is it the effect of poor power supply in your area that caused it

What is actualy wrong with the people of northern Nigeria, where is this people leading us to, why is it that any thing that enters into their hands fails, why have these barbaric conquerors made Nigeria a failed nation, Nigeria practicaly became the most ridiculuous nation on earth since 1967 it entered into their hands,

I once said on this forum during the appointment of Lamido Sanusi that we are about to have an incompetent CBN governor, some folks here disagreed with me,

After Sanusi's appointment as CBN governor , he immidiately cried foul in the public, telling every one that some Nigerian banks are unhealthy as a result of non performing loans, this lead to the sacking of five banks MDs, this action has kept many Nigerians confused ,with many questioning the competence and much louded performance of the immidiate past CBN governor Prof Chukwuma Soludo, and some others argueing that sanusi's action is simply a northern hostile takeover agenda.

In a bid to revitilise these five unhealthy Banks, Sanusi printed over 400 billion Naira and injected into these banks as a bail out excecise, this action and the process was hailed by some common Nigerians while the elite class frowned upon it, the most annoying thing about the action of Lamido Sanusi is that these Five Banks in just less than two weeks after recieving these huge some, has lost about 40% of it's share value, an amount close to 470billion naira, consequently, it means that the bailout money injected into these five banks by Sanusi has vanished in the air,

This lost of 40 value was technicaly caused by sanusi himself, as it was as a result of lost of consumer confidence by custotmers and investors who lost confidence in the banks beacuse they were told by Sanusi that they are unhealthy, if sanusi understood his left from his right, he should have known that crying foul in the public will cause loss of consumers and investors confidence and will destroy the banks than helping it, having cried out, he shouldn't have gone ahead to inject such huge some into the banks , because as it has proven,will be a dead end venture, but it did not stop there, instead of sanusi looking for a more technical way to correct his mistakes, he is presently in a bid of reprinting a new naira note,( an action many have predicted is only made to bring back arabic text on naira notes,) this reprinting excercise will cost us billions, in a time our student are at home as a result of ASUU strike,

As many have wondered, is sanusi acting in good faith ? the truth is that, no matter what he/she does, a public servant is primarily judged by the result of his action, if in about six months of taking office , Nigeria is loosing billions of naira because of sanusi stupid and selfish actions, he is not acting in good faith if he was acting in good faith and in the intrest of Nigerians, he should have kept the matter indoors and go ahead and bail the banks, by so doing, the loss of consumers and investors confidence wouldn't have occured, which is even worse than non performing loans, because even if the banks recover today, they will find it extreemly hard if not imposible to regain consumer and investors confidence.

Then what is sanusi realy up to ?, Sanusi is only trying not to STEP INTO A GREAT MANS SHOE ( as theorised by the Jewish American power theorist and war strategist, Robert Greene, the author of the ground breaking, The 48 Laws of Power)Sanusi is only trying not to get lost in the much louded achievement of Prof soludo, he is trying to forge a new trend of his own making, his own public profile,but Nigerians may ask, is it just in a bid for sanusi to satisfy his ego and amoral mind that nigerians will have to waste Billions of naira, well the answer is that ,That is what you get when you appoint aboki as your CBN governor.

What is actualy wrong with the people of northern Nigeria, where is this people leading us to, why is it that any thing that enters into their hands fails, why have these barbaric conquerors made Nigeria a failed nation, Nigeria practicaly became the most ridiculuous nation on earth since 1967 it entered into their hands,

I once said on this forum during the appointment of Lamido Sanusi that we are about to have an incompetent CBN governor, some folks here disagreed with me,

After Sanusi's appointment as CBN governor , he immidiately cried foul in the public, telling every one that some Nigerian banks are unhealthy as a result of non performing loans, this lead to the sacking of five banks MDs, this action has kept many Nigerians confused ,with many questioning the competence and much louded performance of the immidiate past CBN governor Prof Chukwuma Soludo, and some others argueing that sanusi's action is simply a northern hostile takeover agenda.

In a bid to revitilise these five unhealthy Banks, Sanusi printed over 400 billion Naira and injected into these banks as a bail out excecise, this action and the process was hailed by some common Nigerians while the elite class frowned upon it, the most annoying thing about the action of Lamido Sanusi is that these Five Banks in just less than two weeks after recieving these huge some, has lost about 40% of it's share value, an amount close to 470billion naira, consequently, it means that the bailout money injected into these five banks by Sanusi has vanished in the air,

This lost of 40 value was technicaly caused by sanusi himself, as it was as a result of lost of consumer confidence by custotmers and investors who lost confidence in the banks beacuse they were told by Sanusi that they are unhealthy, if sanusi understood his left from his right, he should have known that crying foul in the public will cause loss of consumers and investors confidence and will destroy the banks than helping it, having cried out, he shouldn't have gone ahead to inject such huge some into the banks , because as it has proven,will be a dead end venture, but it did not stop there, instead of sanusi looking for a more technical way to correct his mistakes, he is presently in a bid of reprinting a new naira note,( an action many have predicted is only made to bring back arabic text on naira notes,) this reprinting excercise will cost us billions, in a time our student are at home as a result of ASUU strike,

As many have wondered, is sanusi acting in good faith ? the truth is that, no matter what he/she does, a public servant is primarily judged by the result of his action, if in about six months of taking office , Nigeria is loosing billions of naira because of sanusi stupid and selfish actions, he is not acting in good faith if he was acting in good faith and in the intrest of Nigerians, he should have kept the matter indoors and go ahead and bail the banks, by so doing, the loss of consumers and investors confidence wouldn't have occured, which is even worse than non performing loans, because even if the banks recover today, they will find it extreemly hard if not imposible to regain consumer and investors confidence.

Then what is sanusi realy up to ?, Sanusi is only trying not to STEP INTO A GREAT MANS SHOE ( as theorised by the Jewish American power theorist and war strategist, Robert Greene, the author of the ground breaking, The 48 Laws of Power)Sanusi is only trying not to get lost in the much louded achievement of Prof soludo, he is trying to forge a new trend of his own making, his own public profile,but Nigerians may ask, is it just in a bid for sanusi to satisfy his ego and amoral mind that nigerians will have to waste Billions of naira, well the answer is that ,That is what you get when you appoint aboki as your CBN governor.

What is actualy wrong with the people of northern Nigeria, where is this people leading us to, why is it that any thing that enters into their hands fails, why have these barbaric conquerors made Nigeria a failed nation, Nigeria practicaly became the most ridiculuous nation on earth since 1967 it entered into their hands,

I once said on this forum during the appointment of Lamido Sanusi that we are about to have an incompetent CBN governor, some folks here disagreed with me,

After Sanusi's appointment as CBN governor , he immidiately cried foul in the public, telling every one that some Nigerian banks are unhealthy as a result of non performing loans, this lead to the sacking of five banks MDs, this action has kept many Nigerians confused ,with many questioning the competence and much louded performance of the immidiate past CBN governor Prof Chukwuma Soludo, and some others argueing that sanusi's action is simply a northern hostile takeover agenda.

In a bid to revitilise these five unhealthy Banks, Sanusi printed over 400 billion Naira and injected into these banks as a bail out excecise, this action and the process was hailed by some common Nigerians while the elite class frowned upon it, the most annoying thing about the action of Lamido Sanusi is that these Five Banks in just less than two weeks after recieving these huge some, has lost about 40% of it's share value, an amount close to 470billion naira, consequently, it means that the bailout money injected into these five banks by Sanusi has vanished in the air,

This lost of 40 value was technicaly caused by sanusi himself, as it was as a result of lost of consumer confidence by custotmers and investors who lost confidence in the banks beacuse they were told by Sanusi that they are unhealthy, if sanusi understood his left from his right, he should have known that crying foul in the public will cause loss of consumers and investors confidence and will destroy the banks than helping it, having cried out, he shouldn't have gone ahead to inject such huge some into the banks , because as it has proven,will be a dead end venture, but it did not stop there, instead of sanusi looking for a more technical way to correct his mistakes, he is presently in a bid of reprinting a new naira note,( an action many have predicted is only made to bring back arabic text on naira notes,) this reprinting excercise will cost us billions, in a time our student are at home as a result of ASUU strike,

As many have wondered, is sanusi acting in good faith ? the truth is that, no matter what he/she does, a public servant is primarily judged by the result of his action, if in about six months of taking office , Nigeria is loosing billions of naira because of sanusi stupid and selfish actions, he is not acting in good faith if he was acting in good faith and in the intrest of Nigerians, he should have kept the matter indoors and go ahead and bail the banks, by so doing, the loss of consumers and investors confidence wouldn't have occured, which is even worse than non performing loans, because even if the banks recover today, they will find it extreemly hard if not imposible to regain consumer and investors confidence.

Then what is sanusi realy up to ?, Sanusi is only trying not to STEP INTO A GREAT MANS SHOE ( as theorised by the Jewish American power theorist and war strategist, Robert Greene, the author of the ground breaking, The 48 Laws of Power)Sanusi is only trying not to get lost in the much louded achievement of Prof soludo, he is trying to forge a new trend of his own making, his own public profile,but Nigerians may ask, is it just in a bid for sanusi to satisfy his ego and amoral mind that nigerians will have to waste Billions of naira, well the answer is that ,That is what you get when you appoint aboki as your CBN governor.

What is actualy wrong with the people of northern Nigeria, where is this people leading us to, why is it that any thing that enters into their hands fails, why have these barbaric conquerors made Nigeria a failed nation, Nigeria practicaly became the most ridiculuous nation on earth since 1967 it entered into their hands,

I once said on this forum during the appointment of Lamido Sanusi that we are about to have an incompetent CBN governor, some folks here disagreed with me,

After Sanusi's appointment as CBN governor , he immidiately cried foul in the public, telling every one that some Nigerian banks are unhealthy as a result of non performing loans, this lead to the sacking of five banks MDs, this action has kept many Nigerians confused ,with many questioning the competence and much louded performance of the immidiate past CBN governor Prof Chukwuma Soludo, and some others argueing that sanusi's action is simply a northern hostile takeover agenda.

In a bid to revitilise these five unhealthy Banks, Sanusi printed over 400 billion Naira and injected into these banks as a bail out excecise, this action and the process was hailed by some common Nigerians while the elite class frowned upon it, the most annoying thing about the action of Lamido Sanusi is that these Five Banks in just less than two weeks after recieving these huge some, has lost about 40% of it's share value, an amount close to 470billion naira, consequently, it means that the bailout money injected into these five banks by Sanusi has vanished in the air,

This lost of 40 value was technicaly caused by sanusi himself, as it was as a result of lost of consumer confidence by custotmers and investors who lost confidence in the banks beacuse they were told by Sanusi that they are unhealthy, if sanusi understood his left from his right, he should have known that crying foul in the public will cause loss of consumers and investors confidence and will destroy the banks than helping it, having cried out, he shouldn't have gone ahead to inject such huge some into the banks , because as it has proven,will be a dead end venture, but it did not stop there, instead of sanusi looking for a more technical way to correct his mistakes, he is presently in a bid of reprinting a new naira note,( an action many have predicted is only made to bring back arabic text on naira notes,) this reprinting excercise will cost us billions, in a time our student are at home as a result of ASUU strike,

As many have wondered, is sanusi acting in good faith ? the truth is that, no matter what he/she does, a public servant is primarily judged by the result of his action, if in about six months of taking office , Nigeria is loosing billions of naira because of sanusi stupid and selfish actions, he is not acting in good faith if he was acting in good faith and in the intrest of Nigerians, he should have kept the matter indoors and go ahead and bail the banks, by so doing, the loss of consumers and investors confidence wouldn't have occured, which is even worse than non performing loans, because even if the banks recover today, they will find it extreemly hard if not imposible to regain consumer and investors confidence.

Then what is sanusi realy up to ?, Sanusi is only trying not to STEP INTO A GREAT MANS SHOE ( as theorised by the Jewish American power theorist and war strategist, Robert Greene, the author of the ground breaking, The 48 Laws of Power)Sanusi is only trying not to get lost in the much louded achievement of Prof soludo, he is trying to forge a new trend of his own making, his own public profile,but Nigerians may ask, is it just in a bid for sanusi to satisfy his ego and amoral mind that nigerians will have to waste Billions of naira, well the answer is that ,That is what you get when you appoint aboki as your CBN governor.

Hotstepper:
I have about 2 ppl in Mind

Who are they and what makes you think they are the best for the job.

[quote author=,mama-gee link=topic=329086.msg4617031#msg4617031 date=1253995574]I can't stop laughing at some people on this forum.[/quote]The ge-mama

why na ?

They are kidnapping poor lads, they should come over to FCT and pack enough billionaires and make real money.

[quote author=petres_007 link=topic=328818.msg4616945#msg4616945 date=1253994139]Chei! Banom that was too harsh na,   

The guy just missed his way [/quote]My guy ,wetin you won make i talk na ?

We dey here they talk important matter, nai the bobo carry him infantuated eye come here.

Having looked at the latest political development in my state,( Anambra State) and how about hundred contestant are running to occupy Awka government house by march 2010, I thought it was a wise decision to open this thread and comment on the upcoming gubanitorial election in Anambra state,

First and for most, i would like to let my readers know that i have a blood uncle in the race, who, if he wins could give me a big oppurtunity to become a multi billionaire,
But i have come to realise that there is an urgent need for a collective progress in Anambra State, the type of progress that is beyond self intrest and personal coffers filling,

On this thread, i will be following up the election developments, from the primaries to the main election, and i will do as much as possible not to use this medium to promote one candidate against the other or one party against the other, and i will finaly say who is the best man for the job and lend my endorsement to the candidate, such endorsement will come after i have thouroughly examined the different candidates and what they might offer to our state,

Also on this thread, i will tell the world what Anambra state represent in Igbo land and the consequences that will follow if some certain mistakes are made politicaly, and i will equaly examine some advantage it will give to igboland if some certain things are done right,

Finaly, No doubt, as the election is coming up and events are unfolding, many contestants will be planing all they can in other to win wether by hook or crook, my important duty here will be to do my best to expose any form of manipulation any candidate may employ in other to decieve my people and win, and i will equally lend some good campaign strategies that could be used to counter it,

Questions, contributions, compliments and critisisms are highly welcomed.

I can be reached personaly on , leeyon04@yahoo.com

To be continued. ,.,.,.

KenGali:
There would have been no Loan crisis or the resulting liquidity crisis in the banking industry if Lamido Sanusi did his job as an economist and not as a judge. Look at todays Thisday interview with Soludo, he stated he knew of the state of the banks and was the one that started an audit process. But where am sure he differs with Sanusi is in the solution, am sure he will not endorse a media charade that resulted in everyone abandorning wealth creation and ask for their money back, thus the Liquidity crisis.

While the banks CEOs made poor risk management decision, the liquidity crisis is a creation of Sanusi's management skills. Even indigenous oil firms are cutting down their budgets and freezing projects.

What is the difference? If the bank loans where not performing but where being used for purposes that were creating job in the economy, then it is the job of government to provide the frame work to make them work? that is the line Soludo would  have toed. Calling every venture thats did not repay its loan a failure and forcefully asking for money back without even the opportunity of renegotiating the loans is simply taking us back to the era of Keke Napepe as job creation.  If more than 50% percent of the loans given out in a country failed in their ventures, then the business environment is to severe and poor, there is even no need to call foreign investors because you just told them that doing business in your country is not profitable and they are not stupid.  

Please do not blame Soludo for Sanusi's solutions and its the entreprenures and job seekers who will suffer the consequences!

Nwa nne, you shouldn't have bothered rendering such intellectual assistance to obvious bigots, i had wanted to do exactly what you did, but i realised they are poor worthless bigots i should not waste my knowledge on,

The truth is that the Yorubas are very much aware of Soludo's capabilities and intellectual ability, they know he wouldn't let himself down, if he ever climbs that throne, he is going to change eastern political trend and fate, that is what is making them uncomfortable,

Check for instance the number of Igbos that will close their biusiness in lagos and Ibadan and come home and re-establish it in anambra beacuse Soludo have provided a better business environment for them.

lokonso92:
how can i get a dating partner

Go to ashawo joint in Ikeja , you will surely get more than enough there.

Kobojunkie:
It is not a mood thing really. I just prefer to debate the issue than thumping an individuals right to have an opinion. Generally, when it comes to politicians, and most every human, including self, I focus on the facts as I don't like to let my personal opinions cloud my judgement.

Soludo is not a hero in my book, neither do I claim the current man to be one. As much as I admit he probably did somethings right, in the same breath, I will admit he did some things wrong. So, I prefer to focus on the facts, rather than rush off praising a man whom I have little knowledge of, especially with the way things go in Nigeria. If we had freedom of information in that country, then we can all educate ourselves of what really went on rather than concluding for one side or the other at this point, knowing we do not have the full story.

As for him going for governor, I am not for it. Why? Because I see him pushing the trend we have seen over and over in that country. If we could boast of free and fair elections, then I would not be bothered at all, but since we don't, I wonder if he will also join others who have paid their way to the sit in the past or not.

The simple truth you can't get into your dumb head is that you are completely powerless to stop Soludo from winning, I know what your real problem is , it is that stupid tribalism and selfish mind that was passed down to you by your miserable ancestors that is distubing you, if Soludo is from your tribe , you will probably be praising him as a proven technocrat if not the best ever.

Like i said, you can only rant your senseless opinion here in nairaland or better still cast your useless vote here, But it Is Prof Chukwuma Charles Soludo for governor Anambra state 2010,

PDP= Power to the people.

Nairaland Hypocrites Party

Party Leader= Noetic2

Ogaga4Luv:
[size=13pt]Banom dear, The Issue here is "Marriage" and it goes with (Love).although you must have read it on some of my post somewhere else where i always kick against the so called religion madness in God most especially Christianity . Satanism is never  is a Religion, its a Lifestyle.

Religion  has been the greatest weapon of Seperation , Confussion in the world today , Christian cant get married to Muslim in the name of Religion. thats not in my book my dear banom. As for my Daughter if really she got attracted by a Christian gentle man and the man sincerely seek her Love with pure mind,Then Okey. . .i have no right to stop my daughter from her choice simply because the gentle man is a Christian Worm.

The Only Free will i got in my Daughters ''Love'' is to drop her my words and make it known to her future partner. the most important is my privacy security.

It is time for Nigerians to stand up for the axiomatic principles of individual liberty and secularism upon which our nation was founded and thus prevent further incursions of Christian morality, meant to force non-believers into the strait jacket of their belief system.[/size]

So what if your Christian/Muslim son inlaw i.e Noetic2 bleeps* up by treating your daughter badly, as a Satanist who believes in vengeance than turning the other chic, what will be the faith of Noetic ?

Time for School fees,

If your an Independent reader, is time you pay your school fees,

$20 per page.

Ogaga4Luv:
[size=13pt]The issue of same-sex marriage is a hot topic nationwide. It is an intrinsic part of our philosophy as expressed in The Satanic Bible to accept a broad range of human sexual practice.

The Church of Satan is the first church to fully accept members regardless of Sexual orientation and so we champion weddings unions between adult partners whether they be atheist, Islam , Christian. So long as love is present and the partners wish to commit to a relationship, we support their desire for a legally recognized partnership, and the rights and privileges which come from such a union. Satanic Salute. . . Ave!!

Sincerely_Ogaga S.O.S[/size]

So you are saying you can marry your daughter to davidyland or conversly marry Davidylan's daughter ?

[quote author=Tudór link=topic=328818.msg4614346#msg4614346 date=1253964122]Abuzola is crazy. . . .go figure.[/quote]so you mean you will not marry your daughter to Abuzola even when he wants to take her as third wife and not the seventh wife ?

[quote author=Tudór link=topic=328818.msg4613273#msg4613273 date=1253935322]I wouldn't let my daughter marry osama bin laden though. . .[/quote]How about marrying her to Abuzola.

sexyLeamon:
Seun doesn't believe in God?

Seun believes in the big Cocconut.

chidichris:
that is obj speaking through soludo.
pdp have been doing everything possible to take over the state they have reduced to nothing by making it ungovernable by the owners.
soludo is a gentle criminal and a tool of the wicked man(obj).
soludo if not his criminal mindedness, should be looking for something outside the unbrella of obj like okonjo iweala.
soludo must do his best to clean the mess arround him.

Any evidence that OBJ is speaking through him. ?

huxley, what about hypocites ? should i nominate ?

hello, Huxley, Tudor, Mazaje, Ogaga4luv,Naira, Athesit, Seun, bawomolo, Satan, Bindex and co,

can you afford to marry your daughter to a christian or muslim ?

KunleOshob:
The church wants to help by keeping the evil away from our hands hence we give it to them.

On a more serious note the bible does not describe money as the root of all evil but rather "the love of money" love being the key word. I would reproduce the passage below for clearer understanding:
1 Timothy 6:10:
10 For the love of money is the root of all kinds of evil. And some people, craving money, have wandered from the true faith and pierced themselves with many sorrows.

The above passage was specifically addressed to christian preachers who see the gospel as a means of making money, many of them abound today especially in out pentecostal fold.

It is still the same thing, can the church be pursueing money if they dont love it ?

anonimi:
at least soludo will pay back some of the money he stole (received) from his distressed banker friends to look the other way while they were wrecking the shareholders and other stakeholders.
i hope he fails big time to compensate for the millions of ordinary 9ja people from all corners who were tricked to put up their life savings in these fly-by-night banks- AMEN

Another fool with unlimited acess to the internet.

@ Witi ,entertainment and CitizenY.

You see why i am suggesting internet censoring ,  I asked you guys simple questions and none of you could  answer it,

Is it too difficult for you to understand that what my state and Nigeria as a whole needs to be like the west or middle east is a sincerely commited  emlightened leader,

And if soludo could transform Nigeria banking Institution in five years and made it a global standard industry, what is Anambra state that he cannot transform to dubai in 4-8 years,

When soludo was sworn in as CBN governor In 2004, did you believe he could have done what he did, is there not a backing CV to his credit showing he can do what he said, do you know what is inside that award winning first class brain,

before i continue this discussion, i advise you first answer those question, then we continue from there,

@ Entertainment,

Dont apologise to me, you are too small to hit my nerve, You only confiremed what i was insunuating about internet censoring and thanks alot for providing me with enough evidence to start my campaign for Internet Censoring, i am grateful.

oyb:
warning to christian fundamentalists!!1

soludo is going to turn anambra into a muslim country !!!

There you go at stupid campaigning, I just want to warn you, it will not do well , at all, Soludo is a christian and not a Muslim, If you are bored at home, i suggest you take Volum 5, it may help out ok, atleast it is better than saying rubish ,

Ka gi kwo ?

Witi:
Are you his sympathizer well you are entitle to that but I dont think you are a Nigerian because the institutions you mentioned can they be trusted to that extent? Cant you read between the lines? How did all the abnormalities unveiled of recent in the banking sector occurred without his observation? Can he claim that he is not aware of situation in the banking sector? Why did he not take action? His present wealth how did he acquire it? Do you really know this solodu before start defending him? WHO MESSED UP THE BANKING SECTOR THEN? OBASANJO, ATIKU, BABANGIDA, RIBADU, SANUSI, ELUMELU,  WHO GUY?

Good, before i think you are enlightened enough to discuss issues about economy with you, can you answer these two questions below.,

1, what are those abnomalities that unveiled recently in our banking sector ?
2, How much is soludo worth ?

@ Enjoyment,

When ever i hear people like you talk, i ask my self, shouldn't internet posting be censored for good ? obviously you are at best an illiterate when it comes to issues about economy, politics and public service,

do you even know the state of Nigeria banking industry before soludo, and do you know its state after soludo ?

Do you know the hidden Motive behind sanusi's action ?

Do you know, without the consolidation excersise that the current global economic crisis would have damaged Nigerian economy beyond repair,

In the 70's, The northern lead government  of Shehu Shagari made a dubious fund borrowing that caused our currency to depreciate since then till now, and naira may not gain back the 70's value again untill we break up.

soludo once proposed cuurency redenomination that would have restored that 70's value , but northerners who felt their self intrest was  at stake stoped it , and refused to give him second tenure and replaced him with amoral Playing sanusi who is currently pursueing the northern aganda for them,

Soludo removed the unneccesary arabic text on our currency notes, today sanusi is reprinting it, just wait and see the new note,

What you dont know is that northerners are not prepared to be in Nigeria, they know that Nigeria will defintely not work, their agenda is to dominate and exploit the country as much as they can before leaving it,

I advice you close your mouth, and stop typing,  learn how those games are played, you are boring internet users, and you know it is not good, it raises a question as to where you stoped in school.