₦airaland Forum

Bede2u:
i take it you have researched it? Can you then tell us why the British pounds has more value than U.S dollars? Or why Kuwait's Dinah is stronger than British pounds? Just explain, no insults

British pound -- better fiscal and monetary management than US dollar, meaning fewer pounds vs assets. Kuwait Dinah -- very positive balance of payment. Apologies for the initial slight.

Bede2u:
lol you try and Kuwaiti Dinah?

Very positive balance of payment. I try again?

Bede2u:
i take it you have researched it? Can you then tell us why the British pounds has more value than U.S dollars? Or why Kuwait's Dinah is stronger than British pounds? Just explain, no insults

Because the British run a tighter fiscal and monetary policy than the US which must run huge deficits as the reserve currency. I try?

WrriterNg:
When was the last time you saw a Made in Britain or Made in USA product?

Anyone??

But i bet the phone you use now was made in China. Even if it's an iPhone.

Inside the phone is a lot of British IP -- the chip technology for example. Una no sabi but expect Nigeria to grow with this lot -- clueless like Buhari.

Bede2u:
i studied Economics and Accounting in Australia and I am a student of history but I still do not understand currency valuation. In truth it is white man's voodoo politics (not economics).

For instance, Ecowas has been trying to initiate a single currency for the sub region forever with no success because they say countries must achieve certain inflation, monetary and fiscal targets to qualify. My question is, when the UK imposed their pounds on bush African communities in 1890, did those bush communities meet those inflation targets?
As bad as naira is currently valued, it is still way higher than Indonesian rupee despite Indonesia being a larger and more stable economy.
China produces more than many countries but still has a lowly valued currency.
Currency is a political tool rather than an economical one.
Our naira was stronger than the dollar in 1980, then IMF suggested we start devaluing it because it's value was inflated. Question, why didn't imf suggest to the British to devalue the nigerian pound when the British were incharge, considering that our economy in 1980 was way larger than our economy under British rule.
Politics

You're an embarrassment to Australian education if, having not understood much in class, you cannot research for information.

SiIk:
Tell the governor some things are better not said by an elder in the market square, If truly you said you love your brother

Your statement is how Boko Haram started.

HitRun:
The police interprets the law now?

Yes, as they prepare prosecution through the AG.

timota:
Evidence are provided in courts not in police cell,
Maybe they don't want to see the evidence that's why they are refusing him bail in a bailable offence,
Even if they bring fifty count changes against him it's still bailable offence

He has not been refused bail. He needs to perfect the bail offered.

HitRun:
What is the difference between criminal defamation and civil defamation?

It becomes criminal when the police/prosecution adjudged it can lead to public disorder. The Supreme court accusations can, as considered in this case by the police, can lead to public disorder.

Dittodat:
Ok.

People should not be using the police to arrest anyone who defamed them.
Let them sue such person to court.

My only problem in this situation is that the same people condemning this situation here were ok with the same thing when pastorprenual fraudsters used the police to arrest Kemi Olunloyo, that woman was in prison for about 6 months.
Many others have also used the same tactics yo deal with their perceived enemies.

You cannot support and be quiet when it is used against those that you don't like then cry and wail when used against those that you support.

I don't support it period.

Unless the laws specifically says it is ok.

Every society have their own laws.
But I don't support using the police to go after your enemies unless they have made terroristic or violent threats against such person.

The law says it's okay: By the provisions of Section 375 of the Criminal Code Act, any person who publishes any defamatory matter is guilty of a misdemeanor and is liable to imprisonment for one year; and any person who publishes any defamatory matter knowing it to be false, is liable to imprisonment for two years.

One4me:
You see?
The poster is one of the reasons Africans cant ever be independent and will always be slave to the West.
Let us not even dabble into whether Adesina was guilty or exonerated, let me ask: Can any African Treasury Secretary or Minister intervene or interfere in thwat goes on in America? Can an American Minister disagree with the Probe that exonerated Trump and his cronies of interfering in the 2015 election? Canan African President disgaree and reverse Trump's sacking of those "Five Inspector Generals' whose job is to ensure that the Executive Arm (Trump) does not violate ethics or play according to the rules?

Yet here is an American Treasury Secretary trying to reverse the decision of an "Afrcian DEVELOPMENT Bank" that has no connection whatsoever to America?
And you are jubilating like the ignorant slave with the I.Q of a dolt, over what your 'master thinks'?
Why are some Africans so slow, like this?

Does it not occur to you or anyone for that matter that this INTERFERENCE is just another attempt for the bullying Trump Govt to muzzle Afrcians and their post-covid developments into submission?
AFDB is an independent and wholly african bank, it is not funded by the U.S treasury so what is their business, if a properly constituted panel investigated and found their President NOT GUILTY as alleged?
To America, he MUST be guilty, by hook or crook and prevented from winning a second term.
This shows any sensible African that these Americans are as much our enemies and any percieved Chinese negative influence in Africa.

America has identified this man, Adesina as one of the prodigies driving African renaissance and they would do anything, just anything to destroy him, like they did to Ghadaffi, when he was champeioning the need for Africa to unite and stop using the Dollar to to trade, among other things.

I am not suprised we have people like this poster as Nigerians, people who look down on themselves and will lick any smelly hole, as far as it is that of a white man.
Shame on you Bro.

Shame on your for wasting your time typing all this tripe. Mumu, China is not America's competition; it's the EU. Stop trading with dollars and trade in Yuan? Hate will blind you. Even Asian countries are not trading in Yuan.

When you take time off typing rubbish online, review some of China's loan contracts across the continent; you'd see who your real enemy is.

omonnakoda:
Look in the mirror and preenover your white face and blue eyes

Yup! Blue and shining, as opposed to brown and dumb.

omonnakoda:
Sure your self loathing white brain is closest to God..

You nailed it! Ose pupo!

omonnakoda:
Oyino man with oyinbo brain . You have no clue how pathetic you sound
Go and bleach yourself so you become oyinbo.
Oponu?

Oponu, the black brain is on display, closest to the animal kingdom. No food, no energy. Which other race suffers the same nonsense.

Dudu ronu!

easyflex:
Thank you for acknowledging that if African countries align with Adesina (which they seem to do) then he is fine.

Just like Trump has the constitutional rights to fire the Inspector General, the people in AfDB also has the highest to vote who they want.
It's not even up for a debate

Steve Mnuchin can only rant to the press.

When Trump was screaming "America First", he never knew there would be consequences.

China and Russia are occupying the vaccum he left I. different global institutions and he is just throwing Tantrum all over.
Left Paris Climate accord.
Threatening to leave WHO.
Next he would threaten to leave AfDB.
Nobody Is Indispensable.

I would also advise you not to appear condescending to people on a faceless forum.

You took a jab at me calling me an "overnight American Lawyer".

What if I am one?

Decorum and respect are virtues that great people tend to have.
If you want to be great, you might need to work on those... Cheers

You're everywhere now. I don't care about Trump or America's greatness or vacuum being filled or not.

You still don't get it: I could give a crap about Trump and his known nonsensical antics.

What I'm addressing is the African tendency to leap before looking. If you read the report of the Ethics committee, you're unlikely to shoot from the hip as fast as you did. Even Adesina admitted to some shenanigans but gave reasons for it. Whether that is acceptable or not, is subject to debate.

As for China filling America's space (with virus I suppose), let's see how much the world enjoys the soulless nation's style. Again, please focus on this Adesina issue. I really like him and even want him to be Nigerian president, but I want people I like to be subject to highest scrutiny. Africa needs this.

As for greatness, leave me and God, "overnight American lawyer".

ORIJIN201:
You insulted those guys while passing your opinions. You called one a mad person, and you called another "poverty stricken." It's not worth it. Nothing warrants that.

Look, pastor, please stay in church. I don't care and will not acquiesce. If this is what you do on this blog, you've got your work cut out.

omonnakoda:
shut up

As if that means anything. African man with a black insignificant brain.

omonnakoda:
I think it is quite stupid to ask if I read the report

have you read my quotes on this thread
Please do. Until then keep quiet

What is stupid is you not confirming if you've read the read report. I see no mention of 1 detail in the report. You discuss the procedures of the Ethics committee; is that equal to reading the report. I know you want this back of forth to degenerate into an insult-fest, so I'd ignore you. When you read the report, you'd be more enlightened.

omonnakoda:
My part of the world is ?
You don't know me

It is not up to Adeshina and that is where you reveal your ignorance

He has no input into the process
All Executive directors are placed their by Heads of state or equivalent
You have no understanding of how the Afdb operates otherwise you won't say this.

There is a board .

The board represent THE OWNERS of the bank

The owners decide

In multilateral organizations like the World bank and IMF decisions are always political
If every whistle blower complaint was subject to so called independent inquiries the organisation would be paralysed



The US never calls for such inquiries in organizations where it is in charge.


In this case it does not have enough votes to force this through and that is why it is going public

The question is what is the threshold for such an inquiry?
WHO DECIDES

The AFDB has an Ethics committee populated by Executive Directors appointed by SHAREHOLDERS.
The US was represented on that committeeby one of the complainers Steven Dowd.
That is the ESTABLISHED procedure

Headed by a Japanese guy

All those people represent their country.
So the question of independence is risible.

Independent inquiries are appropriate for civil service bureacraciies. Not multilateral organizations like the IMF AFDB etc
Unless they are in the rules

Your part of the world is not where you live; it's Africa, given you're commenting on this blog and your diction. There is also a prosecutor in every justice system, but why are special prosecutors chosen in certain circumstances? Agreed -- multiple investigations can paralyze organizations, but how many of such do you know of against Adeshina? The US is merely "urging", not forcing (this should address your concern about my understanding of the process). Other shareholders can agree with your concerns and refuse. What the US does or does not do is not the issue here, as they pay the piper and cannot be held to the same standard (whether that is fair or not). Again, have you read the report? Please do then circle back. Until you do that, this back and forth has zero value.

easyflex:
POINTS OF CORRECTION

1. If the U.S is not happy with the outcome of the decision of the board, they should withdraw their funds if they want to. It's not going to be the end of the world.
Too bad Nigeria has superior veto power compared to the USA in AfDb.

2. Everything is not investigated in the US. Same administration that found way to exonerate convicted criminals, Gen. Michael Flyn, Roger Stone etc just because they are Trump's cronies.

The same Trump administration that fires any Inspector General that seek to investigate it?.

Their hypocrisy on this stinks to high heaven and their agenda won't pass.

Even Libya + Ivory coast has enough vote to overrule US on this.

Then Nigeria should veto this request then (you will find out who has more influence). Again, you overnight American lawyers: Flynn, Roger Stone and all Trump's cronies can be pardoned as the US president deems fit. The inspector general, an official of the executive branch, serves at the pleasure of the president and can be fired. All the president needs to do is provide the senate a reason within a stipulated time. Relevant US senators are requesting this and will get it. If Adeshina has nothing to hide, let him allow an outside investigator look into this. Again, only the board of governors can vote him out. They seem on his side so he has no worries.

ORIJIN201:
Pass your opinion without insulting people.

I don't care (that is my opinion). Why should anyone feel insulted about some anonymous person/post online? I don't.

Yankee101:
Kushner adviser?

In charge of picking vice president pence
In charge of Israel Palestinian peace talks
In charge of COVID-19 response

Na ordinary adviser?

That's all the president's prerogative. He has the right to choose his advisers without approval, senior or junior. Cabinet level folks need Senate approval. No law is being violated. If you know share it; else, shut up and go read the Ethics committee's report.

Yankee101:
They obviously don't like that he is doing well

Trump appointed his daughter and son in law into positions with above cabinet level powers (Kushner practically runs the government), where has Mnuchin criticized Trump for one day?


Your days are nunbered in office. If you like refuse Adesina, the most effective AFDB head ever, in November you'll all be voted out


Azzwholes.

Were, the most effective AFDB head ever? Have you read the report? No, you just come here and spew nonsense. Trump's kid/in-law are advisors, and every president can choose as he wishes? You want Mnuchin to talk against his boss, like the Adeshina (wailers) talks against Lai Mohammed and Buhari? Again, were!

omonnakoda:
The bank has an ethics committee headed by a Japanese guy that did the investigation


The question is why does that committee exist?
The American Executive director Steven Dowd is opposed to Adeshina continuing.

My view is even if he leaves a Nigerian should replace him

That might be newsflash in your part of the world, but it's regular in most developed societies. When conflict of interest is possible/likely, independent prosecutors/investigators are chosen to remove all doubt (cue even Trump and Mueller). If Adesina has nothing to hide (and I think he doesn't), then he should let this go ahead. The board of governors still have to act on the report.

omonnakoda:
Not sure what you mean by independent

If there is a problem at any business it is the shareholders who decide how to sort it out not the public.

As a shareholder the US had their say but not their way

If there is a problem in Microsoft they sort it out INTERNALLY
The board is there at Afdb to REPRESENT shareholders

Is the US ON THE BOARD?

I am all for an investigation but on this I think we need to stand up to the US .
Buhari has already spoken on the matter.

The timing of this is calculated to stop his return

If an independent inquiry is started now when will it end?
His tenure is almost over.

To stand up to the US, just give them their funds back. Shikena! In the US, everything is investigated. Sorry it rubs you the wrong way, but one would think Africans would welcome investigations, given how their funds are pillaged by those in power. Please read the below from the report:

"Regarding the TAAT initiative, a funding programme for Africa’s agricultural sector, Adesina discusses at length the payment, which the whistle-blowers consider to be suspicious, of a negotiated contract of over $5m inked with Syngenta, a Swiss seed company.

Although the conditions under which the contract was awarded did in fact violate the terms of the agreement signed by the AfDB and TAAT, the Nigerian bank boss claims that the primary purpose of his intervention was to protect the bank’s reputation, as it had received threats of legal action, and to ensure both the quality of the project and future compliance with contractual rules."

maestroferddi:
Learn to read between the lines..."supposedly'

You are not adding intellectual value to me so you take a hike now...

\

I suggested that earlier, but but but.........

maestroferddi:
You had better watched your language...

A supposedly exposed person like you should know better than to sound like an motor park tout/agbero...

Every Igboman who challenges who habit of spreading falsehood is an member of IPOB?

Stop sniffing stuff, this man...

You call me exposed but I don't claim such, but thank you. What falsehood have you challenged? By claiming Germany, Britain, US lead the West? Is that it? As for sniffing stuff, I'm in good company; Obama sniff stuff too, plus many successful people.

Now tell me, what do you drink? I don't want to touch that.