₦airaland Forum

WHY IS Ahmed Musa playing on the left/centre?

knew it they are very good at set pieces, the were unlucky with the saudis 2-1

the game aint over!!

What happened to the croats looks like they just eaten pounded yam!! They pitch is soggy

The problem is most people eat the same thing or have a limited list of food

There's too much rice and Cassava in our diet and some people have very fast metabolism



Eat 6 times a day and eat a lot of chicken- protein!! Do lots of exercise too

Focus on gaining weight and staying healthy junk food and soda is just a waste of time and life really

_{Use to think Ifyalways was igbo}

Is there any paypal option to receive funds, wouldn't mind contributing to a sponsorship _{preferably the 3rd or fourth}

Sallam

natasha:
Its evident that most of the people claiming to have visited Aso rock, have probably never visited Abuja. I have been to Aso Villa and might i start by saying Aso Rock is Different from the "Villa" as its called.
Aso Rock i.e the moutain we see in pictures is actually located behind Gowon Barracks (Now called Mambilla Barracks).
Whilst the presidential Villa is indeed a big Villa. There are several security gates you have to pass through to actually get to the villa. I happen to know this cos my hubby is in the military and ve tagged along as his +1 for a breakfast & Dinner during Obj's regime.
If you drive through Aso drive - the first gate, the third turn on your left (i believe) is where you need to be headed to get the villa. There are certainly many turns to be made however i dont think its appropriate to write all that info here on a public forun due to the current security situation in Nigeria. But i can tell you that Mr president's House is Palatial. There's a reception Area, and then a sitting room which was where we sat when we went for the breakfast. And everyone in the house (excluding workers, cooks, security etc) has to gather for prayers with mr Obj, Jerry Gana and the then Pastor of the Villa. After the prayers we were ushered to a dinning room that sat around 30 people and the rest is history, Might i add that the First lady's villa is next to the President's own and then next to the First Lady's villa is the ADC's House.
But make no mistake, the interior decor is MIND blowing. There were mirrors everywhere in the house as well.

Abegi!! what's the place restricted for in the first place? why are there security personnel there 366days??

http://www.thisdaylive.com/articles/still-on-the-cash-withdrawal-limits/95760/

[size=14pt]Nwodo Jnr is an Ex-Banker and Vice Chairman, Integrated Cash Management Services Ltd (ICMS)[/size]

Basics007:
But i need that real/fake Ajuri guy to come back to this thread and confirm his identity somehow. He cant just leave me hanging like that. Maybe if we start abusing him we will smoke him out

HE did already, he will probably have to be in here 24/7 to continue defending himself or answering people why a Nigerian/White is getting a job in Nigeria 

This is the real Ajuri Ngelale. I googled and I found this thread about me falsely calling me lebanese. So I wanted you all to know the truth about me. I no dey vex, no walhala. Nice to know that some of you appreciate my efforts. I do what I do to shed light on issues in a way that people in authority can't hide from. Time for transformation and Im just doing my part. Yes, [b]Im from Rivers State Nigeria and proud to be back home. Back for good. [/b]Hopefully, I can contribute my small quota to making our nation greater than it already is. Take care all. (Natasha listen to what I'm saying next time, don't laugh lol)

Fact Five:

Contrary to general beliefs, the use of cash as a means of exchange is not declining worldwide, even with the growth in the use of alternative payment methods, such as internet, cards, mobile devices etc. Studies by Mastercard, the International Association of Currency Affairs, European Central Bank and recently by a group of 10 central banks in Europe, Asia and Latin America, confirmed that year on year, the volume of cash is growing worldwide. The recent global economic crisis has made the situation even more so, given the well-established tendency of people to use more of cash in periods of tension, war or uncertainty. The cumulative effect of the CBN initiatives is to stem the rate of increase of cash in circulation and hopefully bring the volume down substantially. Even at a level of 4 billion notes (which will be a massive achievement), Nigeria will still remain one of the top cash economies in the world over the lifetime of the present generation!

Fact Six:

The unsustainably high volume of currency in circulation in Nigeria has dire consequences for the economy. With a GDP substantially less than that of South Africa, the aggregate volume of currency in circulation in Nigeria is over 5 billion (excluding coins) compared with 900 million for South Africa! To make this situation truly desperate, only 38 per cent of bankable Nigerians have bank accounts (when adjusted for multiple account holdings this figure is less); alternative payment channel penetration in Nigeria is 13 per 100,000 people, compared with 453 for Uganda, 338 for Namibia, 67 for India, 1,063 for Malaysia, 2,091 for Singapore, 2,247 for Brazil, 1,063 for South Africa!

It is against the foregoing realities of the Nigeria financial landscape that the CBN, in discharging its statutory function of facilitating an orderly, modern and secure financial system, and in consultation with the Bankers Committee approved a combination of policy guidelines, (of which the cash withdrawal limit is just one) with a view to achieving the following much needed objectives:

-Reduce the costs of cash to the banks and to CBN by discouraging the use of cash; redirect the savings to reduce rates of lending and other banking services.

-Introduce and popularise the use of alternative channels of payments such as mobile devices, ATMs, cards, POS terminals and thus decongest low value customer traffic in bank branches. By these measures the CBN is pursuing the formalisation of the transactions of the more than 62 per cent of bankable Nigerians operating outside the banking system, thereby progressing towards the desired goal of financial inclusiveness.

More significant than the foregoing sentiments is the fact that I am a Nigerian and reasonably knowledgeable about the subject of cash and thus feel compelled to share some of the facts about the Nigeria cash industry with the public for purposes of engendering greater awareness of the subject matter. I will also attempt to highlight the compelling logic of the CBN action, and the timing of its implementation. I have chosen to proceed by restating the following incontrovertible facts that are relevant to the subject matter.

Fact One:

Cost of cash to the Nigeria financial system is high and rising, N114 billion in 2009 and projected to reach N192 billion in 2012. Jut to put this in context, the budget provisions for the Ministries of Power, Health, Education and Works in the 2011 budget are N90 billion, N257 billion, N356billion and N182 billion respectively.

Fact Two:

About 30 per cent of the physical space in bank branches, plus same fraction of employees are deployed to cash operations. This means that a reduction in the cost of cash should achieve significant, direct impact on the aggregate cost of operation for all banks, including the CBN.

Fact Three:

Cost of banking services is typically recovered from the customers (in the form of COT, interest and charges on borrowings). This means that indeed the cash operations costs are currently apportioned to other customers and stakeholders of the bank.

Fact Four:

In Nigeria, over 99 per cent of customer activities in a typical bank branch are cash transactions, only 10 per cent of total number of cash transactions are above N150,000 but this 10 per cent accounts for about 70 per cent of total bank branch value of cash transactions. Consequently, 10 per cent of customers that make high volume cash transactions impose the reported huge cost of cash operations on 90 per cent other customers. Put differently, 90 per cent of bank customers (plus other stakeholders) are currently subsidising the cost of the heavy cash transactions generated by the 10 per cent of bank cash customers!

seeker:
Some people sha! [b]How did OP arrive at a Lebanese nationality for the guy? [/b]I don't know the guy or watch AIT, but merely looking at the name tells me it's highly unlikely that he is Lebanese.

LMAO, you know it's okay for people to be racist about others, especially nigerians!!

just more bigot exposing themselves nowadays, perhaps they dont know it until you call them out!

The dude even said he is half nigerian?

Imagine if some Norwegian had said this about a Black reporter in Europe

Make dem buy Trafford Center rename it!

see trouble o

Wetin bring IB into this moment of madness in a normal bank?

If it were possible some people go carry I.D for forehead!

Still on the Matter Five years on!!!!

[quote author=Mr. Globe link=topic=723665.msg8817275#msg8817275 date=1311973262]^^ Ha, you did well by clarifying it. African Americans are part of America. They helped build America. If Africans leave? They will feel it because the informal sectors will be seriously affected, you know these people are lazy, they need a nanny, a dishwasher, security etc and not to say Africans are destined to those but truth is they hold the ace there. My 2 kobo[/quote]erm the Mexican, South Americans and Asians will troop in, better wages for them in the short term

SouthEast:
Every other state is working on federal roads and later negotiate with the federal govt for reimbursement. Fasola is a timid local champion that cant even work on a federal road in his state.

Maga, go check out the cry over compensation from the FG and we all know the FG dont pay good money for roads built on their behalf by the states, An opposition state for that matter

Jonnie should be sending a bill to the National Assembly to hands off all roads in each state but instead the drunkard is using his own incompetency to promote a lazy bill for elongation

maclatunji:
If you knew the number of times the bolded has happened you would be shocked to the bones. It is the same logic that inspires comments like: "Oh, you do not look like a Muslim" and the second one: "Oh, you do not really act like a Muslim." It is so bad that there are many Christians who will not call your Muslim name. They would rather ask: "Don't you have any other name?" I could go on and on. At the risk of reading cynical, most of the crisis we have in the North are caused by Christian intolerance. That is just the truth. If you disagree create another thread for that discussion.

[quote author=Akanbi_edu link=topic=722252.msg8815289#msg8815289 date=1311953432]An interviewer in MOBIL asked me "what kind of name is this?" "does it have a meaning?". I was very angry but I couldn't really reply the way I would have loved to then because I was afraid of being dropped. In the end, I was still dropped. Never again will that happen to me. We muslims are too apologetic nowadays sometimes I wonder why. Imagine somebody bearing "Abraham" trying to query why you bear "Ibrahim" aren't they from the same source?

If anybody dare try that with me now,[/quote]gobbed smacked!! in this same fxcking Nigeria??

unashamedly tribalist, openly bigots and tehy wonder why there so much tension, stupid people even go about preaching or forcing one to pray before work

They have uniforms; Area boys wear anything or nothing at all

Is the Lastma guy alone? he might even be fake

these people are not serious o! Just wasting time and money

showstopa:
Nigerians, The country's greatest enemies.
I don't know a lot about the bill, to be frank I know next to nothing just that the bill seeks to elongate the presidential tenure and make it one term.How long is it for? Let's say 5 years Maximum.
You are telling me you guys cannot see any benefit from it. Let me tell you what my non political eyes sees.It sees an end to all thos Presidents or Governors who start planning for second tenure in their second year. Be back later with more

One thing is clear, ever since Johnnie came on seat more fish brains are crawling out, in fact they have a hero in Johnie- they have found their voice!

geeluck:
He may be Intelligent but he has forgotten that he has to uphold the law. It is unconstitutional for him to mention ISLAM, that was why JAIZ never mentioned islam,  

Holy cow  

Very soon it will be totally legitimate to throw away CV with Muslim names, if it isn't happening already

Trinity bank sounds nice though

all4naija:
Check under the Debate surrounding the MDGs. Debt sustainability plays a great row in this MDGs. The only thing I was glad about that Obasanjo paid the debt - yet things are still not progressing fast. Wait on your bottom and think CBN doesn't have part in what transpire of the nation development. You are only seeing the tip of the iceberg if you thought CBN doesn't have anything to do with the MDGs.

Absolute tosh!! Accesss to Education, Water, Health, how does the CBN manage the debt of states not implementing policies in that direction, sit there and keep mistaking the ministry of finance with cbn

all4naija:
I am not people, slowpoke!

You are certainly one of them reeeetardon, MDG and CBN? Maga utd

all4naija:
The CBN governor is a joke!

Nigeria couldn't even meet the MDGs minimum limit and yet people are praising this man here. Go to Angola that just ended a war and see how they are making use of their finances and they are not operating Islamic Banking system.

I say go to hell with Islamic Bank, CBN governor!

LMAO where do these people crawl out from?

adamawa:
. What can we look beyond his statement, his analysis that 10% withdrawal more than 150k is a big lie, independent consultant should conduct the research.His action will create more unemployment again and will affect our economy. Things can be done properly without bringing the sentiments of Islamic Banking to destabilize  the country.

How I wish Jonathan can take decisive action on this man,he has not established anything but he keeps destroying others,all his life has been as an employee collecting salary.sanusi has destroyed so many homes. why can't he allow shareholders to recapitalized the ailing Banks instead of selling them for peanuts.

Imagine Access Bank to buy over Intercontinental, a bigger bank. They are planning to sack more than 70% of the staffs. What are we saying? He talks and people believed him, why did'nt he allowed Akingbola, Ibru,Nwosu and others to defend themselves before sacking them,injustice of highest order. They might have goofed but there is nothing they did that Ovia, Aig,Elumelu and other MDs did not do.

Check his appointed MD and  EDs to these banks, they are looting like no man's business. They are negotiating on behalf of a bank they don't have stake.what do you expect

Where do you guys really crawl out from?

You find it hard to believe a smaller institution can buy a bigger troubled one?

You think its odd people are objective whilst negotiating the sale of rescued banks?

LETS JUST CONCLUDE ONCE AND FOR ALL SANUSI CAUSED THE GLOBAL RECESSION UBS, HSBC ALL OF THEM ARE STILL SLASHING JOBS MANY YEARS AFTER, NA SANUSI COS AM!

ahhh where is the double facepalm when you need it!!

This man should just stop talking!!! He hasnt said much since he 'resumed' but almost every comment from him is nauseating

mental picture > Former Oshodi + Idumota Market + Ajegunle = Onitsha

Whenever onitsha is mentioned i can only picture a market place, MAY BE YOU SHOULD SHOW US PICTURES OF THE 'OTHER SIDE OF ONITSHA'

1. The CBN Governor should not have made himself the public face of Islamic banking, that was STUUUPID, DUUUMB and very un-strategic for a central bank governor to do. It makes him come of as a SILLY FANATIC.

Let the banks submit their proposal and leave the politicians to debate it, if it needs their approval, make your recommendations and shut the FCK up! YOU ARE CBN GOVERNOR not a POLITICAL RELIGIOUS LOBBYIST.

I dont understand this point, he should have allowed someone else explain islamic banking or should have allowed the banks demand for an islamic window?

Ire007:
His achievements as CBN governor should be used to judge this man, not his oratory skills.
People should know that all indices the guy is managing are bad.

what indices in a recession?

novaman:
Wole Arisekola wants to buy 3SC for N2 Billion, I think other state government should do the same; but as for my nairalander I have a simple proposal that can change Nigeria sport and I will like you to make contribution; I will send it when it is ready.

Let me see your opinion on the 3SC N2 Billion deal

link: http://www.africanews.com/site/list_message/35083

Other government should do what?

keeeem:
This is the kind of thing that happens when you put square pegs in round holes and make someone in the mind of SLS a Central bank governor.

The genesis of this was that Aig wanted to meet up requirements on settlement bank which is that they must meet up on a number of accounts. So he is desperate to be retained as a settlement bank in case fraudulent buying of Intercontinental bank fails (which will definitely happen by the grace of God).

This is part 1. I know part 2 will still follow. I laugh in swahili

Na Wa o, I will start cursing too because of Sanusi