₦airaland Forum

abiodunade:
It is so disheartening that somebody just chose to be typing stupid topic on this forum, Iwu should bury his head in shame for failing to conduct credible elections in Nigeria. It goes beyond just to announce the results of elections, but it also involve to put adequate mechanism in place for the elections to be free and fair so that the wishes of the masses or people can prevail. People like Late Gani, Beko etc lived for the attainment of democracy and credibe elections, which will leads to institutionalization of functioning and performing good governance to the people. as a matter of national interest, Iwu and Yar'adua should apology to Nigerians for bring shame to the country during the last elections.

holymike47:
The so-called crime commited by the 5 md/ceo are not worth compared to those of the bankers in the developed economy that crashed recently. lets ask ourselves why these countries did not sack a single bank executive in spite of the magnitude of their perceived crime.

why must you just select 5 banks and put them in your custody why the rest are currently been investigated?

as a matter of fact, all nigerian banks do what the 5 has been said to commit and sanusi know ever since when he was md of first bank.

The other banks will have time to quickly tidy up their messes now and later sanusi may say nothing was found againts them. Is this justice? lets be honest.

The truth will definately be unveiled.

Why was vanguard the only newspaper of its category that was not invited to follow sanusi to UK?

Lets open our eyes o, something definately is going on.

i personally know so many banks that are far more worse that the indicted 5 banks.

khanye:
2008–2009 Stoke City App: 18 Goals: (2)
Olofinjana is Shit!

dipo2much:
I wonder why he continues leaving out Etuhu.

Olofinjana is one of the worst players in the premier league. He has never impressed me. I watch him play

mevisbleek:
yea thats a good one, i already have an msc from queens mary univ but i just need an mba to juice my cv up wat do u fink

The Banking Act empowers the Central Bank to remove from office banking executives who in their opinion, when such fact is well established, is responsible for the distress of their institution. That is what it seems the Central Bank is doing.

I have read that. But, there is no basis for making such assertion. Yes, he said he will sell these banks but he has not said to anybody from the North. You cannot impute that motive that since he said he would sell, he was surely going to sell to certain people in the country

blackspade:
90% of the investors will be Jewish. Total Jew domination is on the way, Asia is the only place where they haven't infiltrated.

dgreatrock:
@MOJOJO
DISGUY
BACKSPADE

No one is totally against foreign ownership.
what we are against is that this scheme is being hatched for some faceless, disgruntled elements to have ownership in Nigeria's top 5 banks.
you must mave been following sanusi's shameful admission to the fact that an islamic bank is in the pipeline.
Now our curiosity is this;
was he appointed cbn governor to float a religious scheme or to be the governor of NIGERIAN'S CBN?
was he placed there to victimize the south (which in arguably owns the post consolidation banks) and enslave them under the northern continual oppression?

Again, these so called foreigners who are they; arab money bags who ll come and aid the actualisation of the islamic bank or the likes of your HSBK?

The principal focus at this point in time is not to sell the banks. We did not go to the UK to sell the banks; we did not go to the UK to meet investors. We went to the UK to meet with the correspondent banks and creditors and assured of the safety of the banks and to make ourselves available to any questions they had about the actions that we took.
“The primary purpose of that is to tell the good news about the Nigerian economy and to situate our action against the general process of guaranteeing financial stability.
“Once these banks are stabilised and it is time for things to move on, our preference is for these banks to have a core investor that will run them professionally and put in place a governance structure and system that will ensure that we do not have a recurrence of what happened before. This core investor could either be foreign or local.”
The CBN governor, however, pointed out that there was no law preventing a Nigerian bank to be owned 100 per cent by a foreign investor, adding that the law did not also preclude a foreign investor from owning a Nigerian bank.

No2Atheism:
Now u are seeing the trojan horse being revealed gradually . . . .

I have said and i would repeat, islamic banking is just another step towards islamising nigeria. Islam is based on the claiming and domination of territories whether physical or virtual.

It would take bloodshed to uproot it from anywhere. Hence Nigerians need to make a choice of whether they want the bloodshed now (refusing to allow the nonsense to take root) or they want it later.

Soon there would be a law as regards another islamic purpose . . . . If there is no ulterior motive, there would not be need to involve federal government in it. FG is being involved because something illegal is about to be done and forced on other people via the use of the power of the gun . . .

Mee 1:
I feel so sorry for this woman. The Lord is  her strenght. EFCC should speed up the process of trial.

Rogo:
i think this guy is tryin to turn nigeria into islamic nation, you guys should watch and give him close mark. am out