₦airaland Forum

Is this real? who has bn employed thru this ICSL b4? Not that I'm lookin for anoda job, but I think someone is carrying out a study on unemployment in Nigeria with Lagos as a case study. They may be gathering free data as u comeplete their forms and submit ur credentials. People shld learn to pay for services rendered. At least let them print questionaires and beg us to help them.

B4 u know it, the owner of ICSL becomes a professor and is made a director in NDE or NAPEP using innocent uemployed graduates as a ladder. This is naija 4u. Those in Lagos who have the time shld go and try their luck anyway.

FL Gators:
Why are you guyz even still entertaining this thread?

Plat, if TheSeeker can ignore her, trust me, so can you.

The truth is dat I can't help thinking dat Winnergal and Theseeker or is it Micheln59, know each oda very well coz the outburst from both sides is deafening. They must have a past!!! May be they shd settle dia scores but not by washin doz dirty linen in public coz i don't want any more addition to Global Warming.

Mama-gee said all of  are harzardous to the ozone layer

@topic: The Amaka is cool but she asks too many questions. Maybe I'll  try nellaluv. Wait a minute, I didnt here anyone mention Finecat. D girl get bad mouth shaa.

Pls God, may Yar'Adua not die! May live t, complete this tenure and hand over in 2011. We are not cannibals in naija. We wont rejoice if he dies. But God, no 2nd term for him.

Depilot:
They wish Yaradua dead to finally have a president from the south.

Now, I hate this line!!! "Detruckpusher", I may have to agree with CyberG about d holes in ur fish brain. U dont sound mentally ok. Even if u're his son, bros, bros, bros, mind ur words.

Gani's demise has created a hole dat will b nearly impossible to fill. Let's look at it dis way:

Who will take d federal/state govts to court on things dat do not personally affect him/her alone? Whose fear will make d govt sing its anti-corruption songs? Who will represent d poor and d downtrodden in a law suit without charging a kobo? Who will look d Nigerian political class in the eyes and accuse dem of wrong doings? Who will publish d Nigerian Law Reports from his personal purse(without any support) for d growth of d legal proffession? Who will make d govt increase yearly allocation to education in the budget? Who can give scholarship to d truly poor in our society? Who will champion d cause of the Nigerian students with schools closed down for 3 months and counting? Who will be the Senior Advocate of d Masses (SAM), if not Gani? A whole lot of questions, no single answer, not even one. Everybody is moving into politics without ideology, looking for a chance to reap Naija off. Most of them are becoming 'Niger Delta/ Arewa/ Ooduwa, even Ohaneze Activists' jst to become relevant. His replacement is not on sight yet

GANI, Go ye well! I'll miss u, d just@heart will miss u, students will miss u. Lecturers/teachers are missin u, d poor will miss u, beggars will miss u. D law courts are weepin for u, lawyers/la students are crying out. D media are at a loss for headline news. D govt needs a push from u to at least crawl, they will miss dat push. NLC will miss u in there struggles against d tyrants in power. D prisons and prison guards will miss u. Even those wicked leaders who locked u up will miss u. Nigeria, Africa and d whole world will miss u Gani farewell.

There are killer beans in d market alright but Boko Haram is not yet indcted in d saga. The poison is actually from the chemical used for preservation. this chem is meant to wear off after some time but our farmers decided cash in on d fasting period and released the beans (which are supposed to be in the silos) into d market.

The beans still have a high concentration of the preservative and give a pungent smell when inhaled(waved to d nose). If u must eat beans now, pls parboil and wash to reduce its chemical content. We don't want to lose more lives to food. Recall we still have d case of d killer amala in Lagos!!!

ReachRich:
However,the approach Sanusi is using is wrong. Why go to the media to announce the sack of the MDs thereby creating panick withdrawals in the affected banks.

I made mention of this in an earlier post as quoted below.

Say whatever u like, from ethnicity to tribalism. All I know is I don't trust this Sanusi Clean Up. That man is acting out a well-written script whose actual writer is still hidden but time will surely tell. As far back as march dis yr, Vanguard Newspaper reported the plot to take over 5 Nigerian banks by some forces opposed to or that lost out of Soludo's consolidation. Notable among these forces is the Arewa Consultative Forum. What do u make of this? is this a Pan-Nigeria Group, or a Tribal group.

Now YarAdua is disarming militants in the South while Boko Haram is declaring war on the country esp the south, and u tell people not bring sentiments (tribal, ethnic, religious or moral). Does 'making a mark' solely mean 'dicrediting your predecessor'? Sanusi s surely doing a presumed good in a very bad way-causing great panic in the country. Mab he needs popularity.

TheSeeker:
EFCC as much as Yaradua's government is a failed entity. They've not corrected the anomaly in our so called governors, senators and even the president, yet they are making empty and shameless enquiry into sacked bankers' profile for no absolute reason. This is pure insanity.

May be EFCC is just trying to prove to Hilary Clinton dat Faridacan still be as vibrant as Ribadu which is impossible. I hate to say this but Sanusi s working for people and it has bn well planned out frm d beginning. Dat was y he could disagree wit d 7point and still b made gov. Time will tell, let's watch as d remaining episodes of dis movie (SANUSI BANKING CLEAN UP[b][/b][color=#770077][/color]) unfold.

vikiviko:
I am yet to understand this whole drama.

9ja4eva:
Good move but whats the motive?

I'm not a fan of any of the Running 5 bt jst know dt Sausi's action has to b justified even if it's for d moment. D ideal may be to verify if have interests in the debtor companies. These guys took a costly gamble into business Which leta failed-- wrong business decisions. I don't think they hav bn accused of crime yet.

Say whatever u like, from ethnicity to tribalism. All I know is I don't trust this Sanusi Clean Up. That man is acting out a well-written script whose actual writer is still hidden but time will surely tell. As far back as march dis yr, Vanguard Newspaper reported the plot to take over 5 Nigerian banks by some forces opposed to or that lost out of Soludo's consolidation. Notable among these forces is the Arewa Consultative Forum. What do u make of this? is this a Pan-Nigeria Group, or a Tribal group.

Now YarAdua is disarming militants in the South while Boko Haram is declaring war on the country esp the south, and u tell people not bring sentiments (tribal, ethnic, religious or moral). Does 'making a mark' solely mean 'dicrediting ur predecessor'? Sanusi s surely doing a presumed good in a very bad way-causing great panic in the country. Mab he needs popularity.

Group plots takeover of five top banks
Written by Omoh Gabriel & Emeka Mamah
Monday, March 23, 2009

LAGOS—ANTI-CONSOLIDATION forces have regrouped with the hope of dismantling the structures and forcing a takeover of the top five banks in the country, Vanguard can now reveal.



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The grand plan by the group is to cause panic and uncertainty in the industry and make the target banks look unsafe for depositors.

Meantime, indications emerged yesterday that the Federal Government may announce the names of a new Governor of the Central Bank (CBN) and the Auditor-General of the Federation (AGF) in April just a few weeks before the tenure of the incumbents run out.

However, the Arewa Consultative Forum (ACF) has expressed concern over what it described as the rapidly deteriorating liquidity situation in the banking industry and tasked the Central Bank (CBN) to make public information on causes of the development as well as the scale of the crisis.

Vanguard investigations revealed that the aim of the anti-consolidation forces is to cause loss of public confidence in the banking industry and compel the Federal Government to move in by injecting funds. Further, they ultimately plan to instigate government to take equity holdings in the targeted banks.

Vanguard gathered that the group at work is made up of former bank owners who lost out during the consolidation exercise, a powerful clique in the present government, and some aggrieved persons in three of the six geopolitical zones in the country who felt left out in the consolidation exercise.

Presidency sources disclosed that those who felt left out in the consolidation exercise are up in arms to recoup what they felt they lost during Obasanjo years.

Part of the plans hatched by the group is to ensure that the incumbent Governor of the Central Bank, Professor Chukwuma Soludo, does not get a second term. The plan is also to ensure that whatever gains consolidation recorded are discredited. This, it was learnt, was meant to force the President to act quickly in the matter of appointment of a successor to Soludo as they anticipate that the president’s slow move may scuttle their dreams and cause the renewal of Soludo’s re-appointment for a second term.

The group’s second game plan is to make Nigerian banks look unsafe in the eye of the banking public. Part of the game is to spread rumours that some banks are unsound and are on the verge of collapse. They send out text messages to individuals and account holders passing wrong information on their target banks. At the moment, the group’s target is one of the high-flying new generation banks where they have sent out several messages.

New CBN Gov, Auditor-General to emerge April

The tenure of the CBN Governor, Professor Chukwuma Soludo and Auditor-General of the Federation, Mr. O. R. Ejenavi from Delta State will lapse in May 2009.

Naming nominees for the top jobs, according to a presidency source, will afford the Senate ample opportunity to work on them before they assume office.

While Soludo will complete his first term in office as CBN governor by May 29, Ejenavi will be due for retirement on age grounds on May 18.

However, among those being considered for the position of CBN governor include the Minister of National Planning, Dr Shamsuddeen Usman from Kano, who was a former Finance minister and deputy governor at the apex bank; another former CBN deputy governor, Obadiah Mailafia from Nassarawa, Mallam Isa Hayatudeen from Borno, a former managing director of FSB International Bank, incumbent Managing Director of First Bank, Mallam Sanusi Lamido Sanusi, also from Kano, and Mallam Falalu Bello from Kaduna, Managing Director, Unity Bank.

But the most touted name so far is that of Mallam Isa Yuguda, the Bauchi State governor who won election on the platform of the All Nigeria peoples Party, ANPP, but defected to the ruling PDP last week. Yuguda is also an in-law of President Umaru Yar’Adua. Yuguda was also a former Managing Director of Inland Bank, a legacy bank in post-consolidation FinBank.

Past CBN governors include late Dr. Clement Isong (Akwa-Ibom), Alhaji Adamu Ciroma (Yobe); Mr. Ola Vincent (Lagos), late Alhaji Abdulkadir Ahmed (Bauchi); Mr. Paul Ogwuma (Abia), Dr. Joseph Sanusi (Ondo) and the current Professor Charles Soludo (Anambra).

It was also gathered that strict obedience to civil service rules will be observed in the appointment of a new Auditor General for the Federation going by the constitutional provision.

Section 86 Subsection 1 of the 1999 constitution states: “the Auditor-General for the Federation shall be appointed by the President on the recommendation of the Federal Civil Service Commission, subject to the confirmation of the Senate.” That of the CBN may be determined by other factors, mostly political considerations which are at the pleasure of the President without recourse to the commission.

The most senior director in the office of the Auditor-General currently is Mr. Ogunsina G.F from Ekiti State who may be appointed unless there is political maneuvering. Having been a director since 2004, it may not be smooth sailing for Ogunsina because, there is another senior civil servant Mr. Osonuga T. A. from Ogun State who was promoted a director in 2007 and is being propelled by other forces to occupy the office.

It’s unfortunate top 5 banks are targeted, says official

A CBN official who spoke on condition of anonymity said that it is unfortunate that top five banks are the target. The banks, he said, are sound. The CBN had mistaken in the past the ongoing move as de-marketing by competitors in the banking industry, saying it is unhealthy competition.

The group is using this means to make depositors panic and undertake massive withdrawal of funds from the targeted banks in an attempt to cause liquidity problem in the bank. In that state they hope to cause a take over by the government which may buy a stake in the bank and later sell to members of the privileged group who may be appointed in the interim into the board of the banks.

Arewa worries over liquidity problem

However, the Arewa Consultative Forum (ACF) expressed concern over what it described as the rapidly deteriorating liquidity situation in the banking industry and tasked the Central Bank (CBN) to inform the people the cause of the development as well as the scale of the crisis.

ACF said that the commercial banks must have obviously lent too much money to people who either invested them in buying stocks or in the importation of petroleum products in the country, but are unable to repay such loans.

A statement signed by the National Publicity Secretary of the Forum, Mr. Anthony Sani however blamed the CBN for enquiring “into the volume of the so-called toxic assets of the commercial banks while refusing to tell Nigerians how or why in the first place, the banks found themselves in trouble.

The statement reads “The Working Committee of the National Executive Council of the Arewa Consultative

Forum (ACF) held its meeting at its national headquarters in Kaduna on Tuesday, the 17th of March 2009. In attendance were all National officers of the ACF drawn from the 19 northern states and the Federal Capital Territory (FCT). General IBM Haruna, the Chairman presided.

“Among other things, the meeting reviewed and discussed a number of issues and other troubling developments in the country. At the end, it resolved to issue the following statement.

“The ACF deliberated on the rapidly deteriorating liquidity situation in the banking industry and observed that Nigerians are feeling increasingly frustrated by the failure of the Central Bank of Nigeria (CBN) to disclose the true the true nature and the scale of the crisis.

“Even members of the National Assembly, despite their best efforts, have been unable to get to the truth of the matter.

According to Arewa consultative forum “All that seem obvious is that our commercial banks had lent out too much money to too many people who had invested them in stocks or petroleum importation but who are now unable to pay back. Beyond that, the public has no clear idea as how or why the loans were given and on what terms."

oneluvb55:
a nom na facebook.
ihe iga eji achotam bu cynthia chijioke.
i tinye haalaya picture m aputa.

Etinyela m gi. nabataya ka anyi bido ebe ahu.

THE AMAKA:
but why him? the veteran to nollywood.
one of the oldest actors, man. WHY?

i hope he gets released safely.

He's d chairman of d media subcommittee of the Presidential Task force (Committee) on d Rebranding Nigeria Project of YrÁdua. May be he has some classified info. moreover, they may want to teach him his script in his next movies, probably on niger delta or militant godfatherism. he's definitely coming out bt not not without some financial let-goes.

THE AMAKA:
bakasi? wait i think ive heard of them before.
correct me if im wrong, but isnt that the group of people that set people on fire?
the ones that rampage through everywhere setting anyone on fire that they think is a theif or armed robber or kidnapper?

and i think any famous known nollywood actor/actress in the anambra or especially the onitsha area need to head to the airport and catch the next flight out of onitsha, things are getting out of hand.
if they can kidnap pete edochie they can kidnap anyone.

Unfortunately onitsha/Anambra has no airport. pathetic, isn't it? such is d story of d Nigerian state. As for bakassi, if not misused (which u can't guarrantee), let dem set as many on fire since d NPF can't help. Poor Onovo! Idon't envy u mannnn.

This is very bad to say d least. what has become of our society and d south in particular? i learnt they now kidnap bankers too down south. I tot of relocatin but changed my mind after atwo week leave at home. It's also in d nojrth bt not as bad. May God save this country! From one shock to another. Are we still in human race?

oneluvb55:
rmemba i asked whether shes hot or not, not wether she has weight or not.

Nne, i notice dat pple misundastand ur topics bt don't mind dem. they seem to be forming cliques against ur outburst. i think Uche is very tight. i like her too.

O ga-amasim itinye gi na facebook ma oburu na i no. ziterem aha gi na mail m: kuulmc@yahoo.com. Ka anyi ata tu onwe anyi ebe ahu

Sagamite:
Thank you!

Retards like Beaf have the analytical deficiency to know a simple thing like this.

Sagamite:
Moronicity exemplified!

Sagamite:
Thank you, guys.

Don't mind the morons. It is when then they lose all their money in a Naija bank or their parents lose their life savings and pension that they would realise the importance and significance of doing this.

Then if the above happpens they will run here to say Nigeria is a failed state.

Typical Nigerians, know nothing about an issue but want to be the loudest and most boisterous.

Sagamite, I hereby rechristen u. ur name is now DAGGERMITE.

I hate d way u react and neva respond to people's opinions- name callings ITK phenomenon, etc. Everyone has d rigt to xpress oneself and views. If u feel different use logic and explanations not intimidation. U seem to strongly believe dat Naija people are not intellegent and thus, lack skills in analysis bt i know u're first a Nigerian b4 becoming a Briton or the Mr. Godorn Brown u now are. pls be guided. There shd be courtesy in all we do here. Allow others to be heard.

rasputinn:
Doubt on,Thomas
This action is long overdue,Sanusi just acted in line with the banking guidelines as contained in the BOFIA 1999 as amended
Most Nigerian banks lack good corporate governance,little wonder there has been a massive influx of foreign based Nigerian bankers and even bankers of other nationalities to come and work in Nigerian banks as they believe anything goes in Nigerian banks.No wonder they are now called BANKSTERS(coined from bankers and fraudsters)

This may be true but I sincerely hope Sanusi is not fighting FBN's course. let's not 4get dat during his days in FBN, he had been up against major competitors, two of these five inclusive. may this be d antidote the Nigerian baking industry needs restore d much needed sanity.

Fhemmmy:
OK, i agree with yu on that one that getting loan from Nigerian banks is a waste of time to even try, cos the interest sef will kill your dream and biz, and the run around is not even worth it, so u have a point there

Nigerian banks are not only banks but banking groups. All of them have business concerns like communication, agric, trans oil and gas, insurance, even
pfa's, importation and so on. So how can they lend u money to compete with them? They don't wanty be put out of biz?

The report is thru and we xpect huge panic bt I want to also state dat d situation doesn't call for such. Meanwhile, Cbn also injecte N400bn into dz banks. The sack is primarily due 2 their xposure to marginal loans, a consequent of the gloabal fin crises esp the NSE.

Pple are jst being ridiklos hia. Quoting things u don't know anything abt!!! ADB loans were open and IB was chosen. Oda banks have collabos wit oda intl orgs. take out time and have a first hand feel of d bank's strenght. Pls stop caryin baseless rumors.

I don't even understand peoples'problem. What has IBPLC done that others don't do, except record-breaking? D global crisis affects everyone, even private biz- not to talk of banking industry. Saying the Bank is "stinks" is an insault. They cut salaries in order to tie reward to performance. u can't be sleeping at home and be paid heavily. All d guys dat Finecat knows may not be good enough for d bank, so let them go. Gadols, ur firm did worse than pay cut- downsing. Y don't we dicuss d fate of d sacked workers? The Bank is one of the best in the country and has one of the best pay packages even with the cut. pls let's talk of beta things, not unfounded lies.