₦airaland Forum

“Coach Emma Osigwe and other coaches are still doing their work but will have to be supervised by Chukwu. “Management has equally approved the appointment of a Dutch technical adviser for the club. His contract is for 18 months, he is to expose the club to international market, Heartland want to play football as well as expose itself to benefits accruable to a professional club.

He said that there are 22 airports managed by his agency but lamented that only two of them were economically viable while the rest are in poor state and funded by the revenue generated from the two functional airports.

"When I look at the balance sheet, perhaps, only two airports can sustain themselves," Mr Aisegbogun said.

"We have to re-inject funds into the airports or else, they will die over time."

9jarukus:
if u believe that explain why are we not experiencing the same thing now, oil is at $100 a barrel, give credit to whom is due

735 i:
Hey Folks, Nice thread,

We need to get somethings clear here:
Soludo was a CBN governor, Aganga is a Minster of Finance,
To hold Soludo soley accountable for the mismanagment of shareholders money is pathetic, (What happened to SEC, NSE etc, (the rot was widespread)
During Soludo's era economic growth was unprecedented, GDP & FDI grow in GP, there were jobs,
It's early to judge Aganga but, with d budget he presented, , i'm worried!!!

honeric01:
Glo, you are the enemy of Nigerian league progress, PAY UP or SHUT up.

untainted:
sorry please, when did 75$ become N20k?

on application fee(75 dollars) and mailing (EMS speed post)

epl or karzan watever,the guy[b] was just a flash in the pan.[/b] lets see how well he can perfom here.black, wat did you call the club.Jah help him

Ibime:
@ Dis Guy,


Soludo attracted a lot of FDI into Nigeria simply by limiting risk of bank failure. At consolidation, FDI was around $1 billion per annum, but after consolidation, it immediately shot up by 100% compounded annually as Foreigners and Nigerians abroad brought hot money flows in Nigeria to profit from interest rate arbitrage, hinged on a constant Naira-dollar exchange rate. However, this FDI increase which was built on the perception of the infallibility of the banks, was also burst in 2009 when it became clear that these banks were not as safe as first thought due to massive corruption.


Soludo thus did great things in the sector, but failure to regulate undid a lot (but not all) of his work. In that sense, I see Soludo as the Nigerian version of Greenspan, and funny enough, Soludo sees himself as the Nigerian Greenspan as he identified himself with, and empathised with Greenspan in his last riposte to Aganga.


From an economic standpoint, Soludo did great things, but he did not align his knowledge with moral integrity.

calyx:
He had said it over and and over and over again even after his regime in CBN. The Banks were absolutely safe in his CBN. Was there a problem? Yes! Bad loans. Was CBN willing, ready and capable of containing the problem? Yes and that was already in progress but quiet. The Banks were not going to fail. The only thing that was different was STYLE.

While Sanusi took printed money and took over the banks thus sacking their heads, Soludo was giving the banks, financial support via the background pending when they are up on their own. I also know that recapitalization of banks were being worked out as a result of some of the issues. This would ultimately have led to the removal of some of the bank heads. Would Cecilia have gone to prison? That I cant tell but I dont think Soludo's priority at the time was sending people to prison.

The thing that is being missed between Soludo and Sanusi is that while the former was bound to CREATE, DEVELOP and ATTAIN new heights in the financial markets, even with the attendant risks, the latter threads very carefully, content with just doing the basics and avoiding controversies

omo9ja1:
This was like the story one of the standup comedian said

when Obj entered Aso rock, mr president this your visitors lodge, bathroom, etc

just in case there is any cause for panic mr president this turnnel leads to Warri

OBJ quickly replied otio from fry pan to fire Warri ke

Nigerians in Egypt should learn from OBJ story, haha

bi ilw wu:
My fellow nairalanders,pls we lets try to be  positive in our commnt,it is the responsibility of good leaders to protect their citizens, if GEJ did not call for evacuatoin of nigerians ,You be the one to criticize him.