Stats: 3,167,284 members, 7,867,754 topics. Date: Friday, 21 June 2024 at 11:38 PM |
Nairaland Forum / Bushwailo's Profile / Bushwailo's Posts
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- Igbos hate poverty ! |
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That would be a good read. What has stopped you after all these years ? Every one including Ojukwu, Obj etc have wriiten books stating their accounts. But the head of state as at the time has been too busy to state his own account. Anyway he doesn't surprise me. What do you expect from an elderly states man of an idiotic country. |
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bushwailo:I even got chased by one |
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alj harem: Self defence mechanism, always compare their cities with Lagos. LOLMy Guy you Lie !!! You need to get around a little bit. There are people sleeping with pigs in lagos ! There are rats as big as dogs in lagos !! |
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bushwailo: After the short lived tenure of Nnaji where Nigeria experienced an unprecedented improvement in the Power Sector. Aderostock:Explain what my post has got to do with Igbos ? If you can't, stand in front of the mirror and say ID1OT ! |
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After the short lived tenure of Nnaji where Nigeria experienced an unprecedented improvement in the Power Sector. One would've thought that GEJ would've learnt a thing or two about fitting square pegs into round holes. Nigeria, just keep on undermining yourselves. IDIOTS !!! 1 Like |
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dayokanu:SE has the highest Education rate. Lowest Child mortality rate Lowest Poverty incidence Highest in female education But very BAD Infrastructure You need to see Lagos during Christmas when the Igbos have left. It becomes a shell of itself. I think the economic impact of Igbos in Nigeria is under-emphasised and portrayed with Anger and Jealosy. But I think Igbos bring it on themselves with all their chest beating. 2 Likes |
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Eid Mubarak to all Muslims ![]() Fireworks only no bombs please ![]() |
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If not for regionality and ethnicity, I guess I wouldn't be commenting on your comment right now. Even though you are spot on Mr Governor, You are by every means a creation of the system you so decry. |
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Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi has decried politics of ethnicity and region, identifying it as the bane of economic development and true democracy in Nigeria. Sanusi stated this while delivering a lecture titled: Nigeria Economic Development Aspiration and the Leadership Question: Is there a Nexus? to mark the 78th birthday of the former Head of State, General Yakubu Gowon at the National Institute for Policy and Strategic Studies (NIPSS) on Friday. He said political class in Nigeria has failed to realise the danger of building their political empire on the basis of ethnicity and tribal associations, adding that they no longer think of competent hands to steer the affairs of the nation, but all they think is which part of the country produce the next president. "It is irresponsible to frame election on ethnicity, but the political class has failed to realise the consequences of this. The ethnic and socio-cultural associations like Arewa Consultative Forum, Afenifere, Middle Belt Forum South-South Forum, Christian Association of Nigeria, Ja’amatu Nasir Islam among others are created by the political class to champion their interest. "How do you grow a nation on ethnicity and expect it to grow without problems? Cultural organisations have become political institutions; I am of the opinion that they should be abolished, if it is not possible, there should be law banning public office holders from being part of such organisations. The activities of such cultural organisations are diversionary" he warned. According to him, any nation wishing to develop and catch up with other developing countries should not saddle itself with the question of which section or part of the country produce the next president. "If we believe in turn by turn or a president should come from a particular section of the country, it means we are promoting mediocrity. This is the time for us to re-trace our steps and ask ourselves fundamental questions, what kind of leaders we want. We need to promote transparency and credible election; it is not just free and fair voting but also free and fair election. To address these malaise, Sanusi said there should be reinvigoration of the Civil Society Group charged with the responsibility of using their intellects to bring about the desired change, adding that the group and all those outside government need to ask those in government some fundamental questions and tell them they deserve better treatment. http://www.thisdaylive.com/articles/sanusi-decries-politics-of-ethnicity-region-in-nigeria/128210/ |
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The peeps touting him for president are not realistic. The guy is too bigotted. Remember his write-up on Yorubas and Igbos. If not for Yaradua, I would not be commenting on this guy now. |
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And Your Nemesis is that you live you still tranfixed on the past ! |
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Jarus: Yes, the man was doing a good job, but we canot wish away the fact that allowing his firm participate in a bid for which he is part of the umpire is an unpardonable breach of ethics.I agree with you but let us not deceive ourselves. Everyone knew he was a major player in the power sector before his appointment. As a matter of fact, his suitability for the appointment was based on his grounding in private power supply. Moreover this is not the first nor the last time Nigeria will pick some one from a sector to oversee that sector. Can't the same allegations be made about Sanusi who had ties with Firstbank when he was made CBN governor. Alhaji Rawani Lukeman was a player in the oil sector as at when he was minister of petroleum. Isn't Dangote the chairman of NSE, where his company is the most listed by volume ? Why is it that in 2012 we are still deceiving ourselves in Nigeria. We dont have basic power supply in Nigeria after billions of dollars have gone down the drain and you're here talking about ethics. 1 Like |
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Egba is Igbo ![]() ![]() Na wa o ! |
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rhymz: and Sanusi was a saint ?? Sanusi does not have an MSc. Why do people keep spreading this falsity. |
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Soludo: Stock Crashes Not Preventable Former Governor of Central Bank of Nigeria (CBN), Prof Chukwuma Soludo, Tuesday admonished Nigerians to stop crying over split milk in the aftermath of the global financial meltdown and its impact on the Nigeria capital market. Instead, he said stock market crashes could not be prevented, irrespective of the amount of ‘reforms’ or ‘regulation’ injected into it. Soludo, who made the declaration when he appeared before the House of Representatives Committee investigating the near collapse of the capital market, said: “If the essence of this public hearing is to prevent the capital market from crashing again, then this Ad hoc Committee had better be transformed to a Standing Committee because there would be another crash. “Someone is complaining of the rain that beat him yesterday , but look at the sky and another is threatening to start,” he said. The former CBN governor said though the global financial meltdown impacted negatively on the capital market, Nigeria did not experience an economic recession like some other countries because of the consolidation of the banking sector and the ability of the banks to absorb the worldwide shock. He said another strong pillar which saved the Nigerian economy was the sustained growth of the country's foreign reserves before the crisis. According to him, the foreign reserves grew to $64 billion while the economy still grew positively by about six per cent even at the peak of the global financial crisis. He said rather than looking for scapegoats over the crisis that hit the economy, Nigerians ought to get back to serious business and learn from the experience of other countries that passed through a similar problem. “Given the frenzy in the market before the meltdown, it was clear that the market was going to correct itself one way or the other. The only thing was that no one knew when, how and by how much,” he said. He blamed the crisis partly on the political economy of Nigeria which he said had been characterised by policy inconsistency that makes the economy take one step forward, three backwards. “The Stock Exchange cannot be better than the systemic competitiveness of the economy. Investors are not stupid so when the market was booming, Nigeria was not rated No.14 failed state in the world. But see all the reversals of privatisations and other policies. The stock market is simply a barometer,” he said. Soludo expressed disappointment at some of the analysis and proposals on the capital market and what may have led to its troubles. He said proposals presumed there was a 'target level' for the market, and that it was performing below its potentials while some have notions of achieving an ‘equilibrium’. “How are we sure that the Market is not just reflecting the fundamentals of the economy? What kind of market do we want— a market that leads the economy or that follows the economy? Let us define our target or destination and how far we are from it before we know the appropriate vehicle to reach there! “How come that since three years and with monthly oil price averaging $100 per barrel and over 2mbd, and with all the 'reforms' in money and capital markets (supposedly there is no more lax regulation/supervision) and despite Dangote's over N2 trillion listing which lifted the Market Cap over N8 trillion, the Market Cap is basically today at the level I left it three years ago?” In a veiled response to criticisms trailing his regime at the apex bank, Soludo said contrary to the insinuations in some quarters that the CBN failed in its regulatory responsibilities, the bank during his tenure had zero-tolerance for infractions and was accused of over-regulation by some operators. “Where there are lapses, I would be honest to admit but for anyone to insinuate that there was some lax in regulation, I take strong exception to it. “There was not one conclusive evidence of wrongdoing that was brought to our knowledge that we did not take action but we made sure we followed all due process,” he said. Soludo told the Committee that it was the zeal to resolve the then emerging challenges in the banking sector that the CBN under his stewardship proposed the establishment of the Asset Management Company of Nigeria (AMCON) in 2004. He said when the first draft bill on AMCON was delayed by the National Assembly for years, the apex bank’s determination to restructure and strengthen the banking system did not wane as it took other measures to regulate the sector. He said the road to the future was for the government and regulatory agencies to rebuild the confidence of investors in the market. According to him the first rule is for one to keep silent if one has nothing positive to say about the market. Meanwhile, Minister of State for Finance, Mr. Yerima Ngama, situated the crisis which hit the capital market on insider abuses and poor regulatory framework. He also scored the Securities and Exchange Commission (SEC) low. http://www.thisdaylive.com/articles/soludo-stock-crashes-not-preventable/115913/ |
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Point of Correction ! Peter Obi Has Killed Anambra State. 11 Likes 2 Shares |
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This is exactly why I would think twice before serving this useless country People are in a rush to smear you name. And the first step for any office holder, is to rubbish your predecessor even when they don't have a clue on how to run the office. |
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Of all allegations thrown at this woman the only substantial one is the case she won against NSE on her unlawful sacking I wonder if she has been paid her 500 million. |
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Wow, what an allegation, unfortunately, the house of rep is not a court of law. They too are a pack of noise making theives. After running down NSE, I wonder if she still got her 500 million naira awarded her by a proper court. |
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Thank God its all over. These past few days must've been very distressing for some Yoruba peeps ! For northerners, not so much as they are not into beauty peagent thing. What are they tryna say ? Igbo gals reping Yoruba states on Yoruba soil. ![]() ![]() This must've very distressing to a some. ![]() And trust my Igbo peeps on NL to rub it in. ![]() ![]() |
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I think he meant foreign reserves and not crude oil reserves. |
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dayokanu:Why don't you go and nyash HIV Awolowo first. U folks never forgive Obj for trying to snatch HIV from Awo. |
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