₦airaland Forum

People have been complaining of jobless growth for many years now. It isn't anything new.

BH alone is enough to drop 100 spots?

Pardon my skepticism..

I still don't get it. When did the CBN get the authority to donate money, period? How does this fall within its mandate?

I have never heard of any of the Federal Reserve Banks in the US donating money to universities, charities, etc.

What part of its budget is meant for this purpose?

Drop 100 spots in one year w/o massive civil war or an economic depression?

Sounds like bad statistical analysis.

Any approximate dates associated with those arrows?

Yep. At the end of the day, we are all the same.

From your second link:

An American has always served as World Bank head and a European has always led the International Monetary Fund due to a tacit agreement among Western nations dating back to the founding of the institutions nearly 70 years ago.

Clearly you misunderstood things if you thought this "tacit agreement" expired last year..

I would suggest that you more carefully read your own references and verify that they back up your point.

strangerf: Of course you dont expect them to come all out against their own president. We are in an election year remember

.......


What does that matter?

So they really think that she is the best candidate, but were too afraid to say it? Because it is an election year?

And you were silly enough to say that someone else is a conspiracy theorist, lol

From your first link:

Unspoken is the likelihood that whoever the United States puts forward will get the job.

U.S. CANDIDATE A MYSTERY

Although the World Bank board would like to reach a consensus agreement, Washington retains the largest single voting share and could expect the support of European nations and Japan, the bank's second-largest voting member.

The United States has held the presidency since the bank's inception after World War Two, and a European has always headed its sister organization, the International Monetary Fund.

The US will get the support of its allies, and will almost certainly select the next WB president.

So of what relevance is this agreement if the US will get its way anyways?

So this is the much ballyhooed endorsement? Doesn't it read more, "take a look at both of these other folks too?"

They don't even come out directly and say "Ngozi is the best candidate", do they?

They just ask for the process to be competitive..

Leading the World Bank
President Obama’s nomination of Jim Yong Kim to head the World Bank is an inspired choice. The South Korean-born medical doctor and president of Dartmouth College has a stellar reputation as a global health expert.

Still, there is a problem: Since the bank was founded, all the presidents have been American. Emerging economies, which contribute increasingly to global growth, are rightly demanding a greater say in decision-making. The World Bank job — and one at the International Monetary Fund, which traditionally goes to a European — ought to be filled on merit alone. That should not exclude qualified Americans, but neither should it guarantee them a job.

The bank needs a president with experience beyond Washington’s narrow political and economic circles. Dr. Kim has worked on development in the poorest countries. One major success: leading a World Health Organization initiative that provided access to H.I.V. treatment to millions of people. The new president must also tackle broader issues of economics and growth, and manage the prickly political leaders who are the bank’s overseers. That is why the bank board must take a serious look at Dr. Kim’s strongest challenger, Ngozi Okonjo-Iweala, Nigeria’s finance minister. As a respected economist, diplomat and former World Bank managing director, she offers many conventional qualities of bank presidents. But she breaks the mold as a woman from an African country where she fought to reduce the country’s debt, gain greater access to international credit markets and battle corruption.

The other candidate is José Antonio Ocampo, the former Colombian finance minister and high-ranking United Nations official. He, too, is a credible contender with long experience in development and international policy.

Robert Zoellick, who retires in June after five years, inherited a bank in serious trouble. He stabilized it, steered it ably through a global economic crisis and leaves it financially stronger, more focused and more inclusive — a tough act to follow.

Washington and Europe seem determined to ensure Dr. Kim’s election. The bank will almost certainly do well under his leadership. But it would do even better if the process for choosing the next president were truly competitive and fully transparent.

Where is this NYT endorsement? Can anyone provide a link to it?

strangerf: What betrayal? They all agreed last year henceforth to choose the leadership of the WB on merit; no more US forcing their way through. They signed an agreement and it only makes sense that Europe would follow through on those agreements. people just dont sit down and have agreements just for the fun of it. This is serious business.Once you sit at the table and sign up to choose the most qualified candidate, any talk of betrayal is ridiculous.

Citation for bolded?

Ekt Bear now has a new hobby:spinning conspiracy theories about how the world is out to get America and poke America in the face. It's better than his old hobby: relentlessly making stuffs up all in an attempt to look intellectual. [size=4pt]nice line, hun[/size]?

What are you talking about? I speculated on that being one possible motivation for what is going on here. I could be wrong. But ultimately that doesn't matter...my argument doesn't rest on the correctness of this. In fact the main point is that whatever their motivations are is irrelevant...America gets to decide since it (and its friends) are paying the bills.

Marlboro1: Not a good idea to have

UN Secretary General - Korean
Future World Bank President - Korean

As far as I know there is nothing special about Korea to deserve this special status

He is an American citizen. In this country, regardless of your ethnicity/heritage, you can be treated as American (well, for the most part...).

Seems he moved to the US at 5 and grew up in Iowa

aletheia: Your post is couched in half-truths: first off, all 193 members are shareholders in the WB. And then:

So you see the other 83.6% can out vote the US except on matters regarding a change of the WB charter.

Well, it isn't the US alone. It is US + allies. Europe, Japan, South Korea, Australia, Canada.

Europe especially has zero incentive to deviate, since a betrayal of the US means they won't get to choose the leadership of the IMF any more...

Moreover things are changing as economies such as India and China grow in size:


So what do you think will happen when China becomes the world's largest economy? Concerning the structure of the WB:

Well we aren't in that position today, are we? 20 or 30 years from now, things might be very different. But for the selection happening today..

Heh.

US strategic oil reserve is evidently ~727 million barrels.

Sounds like a lot...but given the consumption levels is not

Abagworo: Actually there is especially in the parts of Igboland where most of these people are from which is Mbaise area of Imo State and Arochukwu/Bende area of Abia State. Most of the Igbos in Lagos and Kano are from the Orlu area of Imo and Anambra State which consist the core of Igboland, however people from Old Bende(Abiriba, Ohafia,Arochukwu, Item, Igbere, Nkporo, Alayi etc) and Mbaise are mostly in other African countries like Gabon, Equatorial Guinea, Cameroun, Togo etc.

Well let us not derail this thread. We will continue this on another topic.

Fair enough. But hopefully you see that 20% of Cameroon's pop, being the largest ethnic group in Cameroon is pretty implausible.

Jealousy ke.

Jealous..of what?

Lol.

Man. You just don't get it. Certain tactics simply don't work on me. You tried the GRE gambit a few months ago, failed woefully with that.

Now you will try jealousy.

I am laughing here.

Heh.

Push my luck indeed.

Whether the spirit of God is in you or the spirit of the devil is not my concern.

Mind your business, stay in your damn lane.

Onlytruth: My friend drop this idiocy.
If you and abagworo want to peddle lies, open a thread. Stop polluting this thread with irrelevant information.

Who the fvck are you to tell me what to do? Mind your damn business. I can discuss whatever the hell I like in this thread.

Hell.

Wouldn't you all know yourselves when these Igbos travel back to Nigeria to find wives, for the holidays, etc?

Granted, not all of this purported 4 million are likely to have kept strong roots. But surely some would have, no?

How come we never hear/see signs of mass visits during the holidays from Cameroon to the SE or SS?

Abagworo, who knows, maybe you've travelled to Cameroon numerous times. Maybe you've visited the depth and breadth of the country, I dunno.

I certainly have not. All I know about Cameroon is what these folks i kick it with every now and again tell me about the country. And stuff I read online.

But think about it to yourself.

If Igbos are the largest single ethnic group in Cameroon (as your numbers suggest), is it likely that they'd be listed at 0%? Does that not seem very strange to you?

It is either a massive conspiracy, or you are working with bad data.

Again, this would be one of the largest migrations in recent history, would it not?

You said "Cameroon alone having 4 million Igbos."

Is that not nearly 100% of the figure you sourced on Nigerians in Cameroon?

Abagworo: Some 3,000 boundary pillars are being planted along
the Cameroon-Nigeria border - it is hoped they will
prevent further disputes between the neighbours
which nearly went to war over the oil-rich Bakassi
Peninsular. The conflict was the peak of their mutual
suspicion and several lives have been lost in border
skirmishes over the years.
Cameroon has long viewed her giant neighbour as an
imperialist-in-the-making, especially given Nigerians'
ballooning population. They began arriving Cameroon
in the early colonial days as fishermen, traders and
administrators. Their population is now estimated at
more than 4m out of a population of 19.5m.


www.bbc.co.uk/news/world-africa-11429067



www.newworldencyclopedia.org/entry/Cameroon

Estimated by who?

In what year was this estimate done? How did you ascertain that 100% of this estimate is Igbo?

Why the inconsistency with other estimates? How come nobody else (including the US department of state) has noticed this?

I am a bit surprised that this single sentence alone is what made you come to this conclusion. Like I said, if what you say is true, then they are the largest ethnic group in Cameroon....

There are roughly ~3.5 million Bamileke in Cameroon. They appear to be the most populous ethnic group in Cameroon.

If what you say is true, then the most populous ethnic group in Cameroon is in fact Igbo migrants from Nigeria..

When did these Igbos migrate to Cameroon? How come none of their internal censuses have picked up on one fifth of their population being Igbos from Nigeria?

A bit remarkable. One of the greatest migrations in modern history, yet nobody seems to have picked up on it..

PEOPLE
Cameroon's estimated 250 ethnic groups form five large regional-cultural groups: western highlanders (or grassfielders), including the Bamileke, Bamoun, and many smaller entities in the northwest (est. 38% of population); coastal tropical forest peoples, including the Bassa, Douala, and many smaller entities in the Southwest (12%); southern tropical forest peoples, including the Ewondo, Bulu, and Fang (all Beti subgroups), Maka and Pygmies (officially called Bakas) (18%); predominantly Islamic peoples of the northern semi-arid regions (the Sahel) and central highlands, including the Fulani, also known as Peuhl in French (14%); and the "Kirdi", non-Islamic or recently Islamic peoples of the northern desert and central highlands (18%).

The people concentrated in the Southwest and Northwest regions--around Buea and Bamenda--use standard English and "pidgin," as well as their local languages. In the three northern regions--Adamawa, North, and Far North--French and Fulfulde, the language of the Fulani, are widely spoken. Elsewhere, French is the principal language, although pidgin and some local languages such as Ewondo, the dialect of a Beti clan from the Yaounde area, also are widely spoken. Although Yaounde is Cameroon's capital, Douala is the largest city, main seaport, and main industrial and commercial center.

http://www.state.gov/r/pa/ei/bgn/26431.htm

If what you say is true, then one of the largest ethnic groups in the country somehow seems to have been missed by some fairly prominent players.

Also seems pretty inconsistent with my interactions with both the French and English speaking Cameroonians I know in real life..

Abagworo. You have stated this several times before. Where on earth did you get 20% of the population of Cameroon being Igbo?

In order words, that they are one of the largest ethnic groups in Cameroon.

It is not consistent with known data.

Indeed. Surprised the heck out of me when I first learned this fact.

All I gotta say is...don't get your hopes up. Certain disappointments are avoidable. Heh.