Beaf's Posts
Nairaland Forum › Beaf's Profile › Beaf's Posts
1 2 3 4 5 6 7 8 ... 834 835 836 837 838 839 840 841 842 (of 876 pages)
FL Gators:There's a point there. Those who smoke have a duty to respect others. The govt should also discourage smoking, not because of pollution; but because it cares and places value in the health and well being of each and every one of the citizens. A healthy population is more productive. |
Smoking is the least of our problems as far as pollution is concerned. Nigeria's pollution from gas flaring alone is greater than that of all of sub-saharan Africa combined Factory effluents are pumped straight into open gutters especially in places like Ilupeju in Lagos; I am not sure about the present times, but in the past, open sewers ran with brightly coloured liquids. We don't know whats coming out of the boreholes in our backyards. I am not sure of what goes on in heavily industrialised cities like Aba in the East. There is no control over the emmissions from vehicle exhausts, especially deisel engines, talkless of the open burnfires on mountains of city waste. . . It goes on and on. |
Fake Dutch 'moon rock' revealed The lump of 'moon rock' had been on display for decades A treasured piece at the Dutch national museum - a supposed moon rock from the first manned lunar landing - is nothing more than petrified wood, curators say. It was given to former Prime Minister Willem Drees during a goodwill tour by the three Apollo-11 astronauts shortly after their moon mission in 1969. When Mr Drees died, the rock went on display at the Amsterdam museum. At one point it was insured for around $500,000 (£308,000), but tests have proved it was not the genuine article. The Rijksmuseum, which is perhaps better known for paintings by artists such as Rembrandt, says it will keep the piece as a curiosity. "It's a good story, with some questions that are still unanswered," Xandra van Gelder, who oversaw the investigation that proved the piece was a fake, was quoted as saying by the Associated Press news agency. "We can laugh about it." The "rock" had originally been been vetted through a phone call to Nasa, she added. The US agency gave moon rocks to more than 100 countries following lunar missions in the 1970s. US officials said they had no explanation for the Dutch discovery. http://news.bbc.co.uk/1/hi/world/europe/8226075.stm Damn! |
Hopefully. Most times, that war seemed more like a proxy war between the West and China for Sudan's oil. Thank God for the global economic meltdown. |
Tompolo is a man of principle. It wouldn't be surprising if MEND isn't actually further arming up in this amnesty period. |
Everything Yar Adua touches turns to dust. The way things are unfolding is really shameful. EFCC is meant to chase after corruption in Nigeria, but with this bank case, they have constituted themselves into a kangaroo court. They are now baying like hounds at the smell of blood, creating so much noise and disturbing the peace, doing everything except their job. All in the name of looking active. Hilary done cause wahala sha! After this charade, there will be so many jokes, cartoons and articles disparaging the EFCC, that nobody will want to be associated with that body. Added to that, the sheer volume of people suing for damages and related things will so weigh down the EFCC inbox that there will be little else going on apart from collecting undeserved salaries, making stupid statements and grinding to a halt. Ribadu must be rolling on floor laughing wherever he is. |
^This experiment will end in sorrow. |
I posted this elswhere today. Coded warning are beginning to pour out of legal experts. Bank Reform: NBA Advises CBN, EFCC on Due Process By Davidson Iriekpen, 08.25.2009 The Nigerian Bar Associa-tion (NBA) has advised both the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC) and other agencies whose shoulders rest the responsibilities to sanitise the banking system to approach their duties in strict adherence to the extant laws. A statement by NBA President, Oluwarotimi Akeredolu (SAN), said while the NBA had commended the move by the Governor of the CBN to sanitise the banking system, not a few Nigerians have expressed their anxieties at the unfolding drama and the danger the whole episode poses for the health of the financial sector. It cautioned that the interest of depositors must be of paramount importance when adopting whatever measures deemed expedient to rein in the excesses of erring individuals with the ultimate aim of salvaging the entire system. The association faulted the statement credited to the CBN Governor, saying that he would have preferred that the banks be sold, adding that this should not be the case because none of the banks has been declared insolvent and incapable to meet its obligations to the depositors and shareholders. The statement added: “the EFCC appears to have been excited and the operatives of the agency are busy arresting the bank executives suspected to have breached the law in their dealings. There is also a report that some of these people may be declared wanted in the days ahead for the perceived roles in the alleged fraud. The EFCC boss, Mrs. Farida Waziri, has been quoted as giving the alleged debtors of the affected banks a week ultimatum to redeem their debts or face prosecution. The CBN Governor, in a moment of indiscretion, also expressed his predilection for the sale of the banks when none of them has been declared insolvent and incapable to meet its obligations to the depositors and shareholders. These statements have excited controversies and cast a heavy shade of suspicion on the seeming altruistic intention of the Governor. “The NBA hastens to caution government functionaries, on whose shoulders rest the onerous responsibilities to sanitise the Banking system to approach their duties with tact and in strict adherence to the extant Laws. The interest of depositors must be of paramount importance when adopting whatever measures deemed expedient to rein in the excesses of erring individuals with the ultimate aim of salvaging the entire system. “No arbitrariness must be contemplated in resolving these issues. Debtors are under obligation to pay their debts within agreed contractual and legal framework. Those who default should be made to face full sanction within the ambit of the law. We must allow the law to dictate the steps to be taken in dealing with those involved in sharp practices. “The NBA wishes to admonish the regulators of the system to follow due proccess in dealing with the latest development in our Banking Industry. It is our hope that the shareholders in particular, and the generality of the public, will be taken into confidence before any fundamental alteration of the character of the ownership structure of the affected companies is effected. Acting otherwise will further erode the already shattered trust between the investing public and the financial managers on one hand in addition to accentuating the doubts expressed by some in the sanitization crusade.” http://www.thisdayonline.com/nview.php?id=152639 |
I said it from day one! De real agenda don de comot sha. |
Bank Reform: NBA Advises CBN, EFCC on Due Process By Davidson Iriekpen, 08.25.2009 The Nigerian Bar Associa-tion (NBA) has advised both the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC) and other agencies whose shoulders rest the responsibilities to sanitise the banking system to approach their duties in strict adherence to the extant laws. A statement by NBA President, Oluwarotimi Akeredolu (SAN), said while the NBA had commended the move by the Governor of the CBN to sanitise the banking system, not a few Nigerians have expressed their anxieties at the unfolding drama and the danger the whole episode poses for the health of the financial sector. It cautioned that the interest of depositors must be of paramount importance when adopting whatever measures deemed expedient to rein in the excesses of erring individuals with the ultimate aim of salvaging the entire system. The association faulted the statement credited to the CBN Governor, saying that he would have preferred that the banks be sold, adding that this should not be the case because none of the banks has been declared insolvent and incapable to meet its obligations to the depositors and shareholders. The statement added: “the EFCC appears to have been excited and the operatives of the agency are busy arresting the bank executives suspected to have breached the law in their dealings. There is also a report that some of these people may be declared wanted in the days ahead for the perceived roles in the alleged fraud. The EFCC boss, Mrs. Farida Waziri, has been quoted as giving the alleged debtors of the affected banks a week ultimatum to redeem their debts or face prosecution. The CBN Governor, in a moment of indiscretion, also expressed his predilection for the sale of the banks when none of them has been declared insolvent and incapable to meet its obligations to the depositors and shareholders. These statements have excited controversies and cast a heavy shade of suspicion on the seeming altruistic intention of the Governor. “The NBA hastens to caution government functionaries, on whose shoulders rest the onerous responsibilities to sanitise the Banking system to approach their duties with tact and in strict adherence to the extant Laws. The interest of depositors must be of paramount importance when adopting whatever measures deemed expedient to rein in the excesses of erring individuals with the ultimate aim of salvaging the entire system. “No arbitrariness must be contemplated in resolving these issues. Debtors are under obligation to pay their debts within agreed contractual and legal framework. Those who default should be made to face full sanction within the ambit of the law. We must allow the law to dictate the steps to be taken in dealing with those involved in sharp practices. “The NBA wishes to admonish the regulators of the system to follow due proccess in dealing with the latest development in our Banking Industry. It is our hope that the shareholders in particular, and the generality of the public, will be taken into confidence before any fundamental alteration of the character of the ownership structure of the affected companies is effected. Acting otherwise will further erode the already shattered trust between the investing public and the financial managers on one hand in addition to accentuating the doubts expressed by some in the sanitization crusade.” http://www.thisdayonline.com/nview.php?id=152639 The EFCC is going to expend so much energy running in circles that they will fizzle out in no time. I can bet anybody, that by this time next year when we hear "EFCC" it would be as entertainment and a sad joke. |
1 2 3 4 5 6 7 8 ... 834 835 836 837 838 839 840 841 842 (of 876 pages)