₦airaland Forum

Whoever came up with that explanation about how President Goodluck Jonathan got his GCFR – the highest national honour in the land a few days ago must be thoroughly disingenuous. It is as follows. The setting was the last meeting of the Council of State. Someone had proposed that the President should take the GCFR title. He already has the GCON.

He reportedly demurred citing an extant law (possibly the National Honours Act No. 5 of 1964) which says only a sitting President can confer the title of Grand Commander of the Federal Republic or Grand Commander of the Order of the Niger on another. A former Chief Justice of the Federation, Alfa Belgore then advised that his was a special case in the sense that he, Jonathan, took over from a dead President. But so did Obasanjo in 1976.

Please read the full article here http://saharareporters.com/article/how-jonathan-got-his-gcfr-reuben-abati

Something good can come out of Nazareth, I tell you. And I say that without being corky. I hail this one o, Mr cork,

Governor Gbenga Daniel so love getting involved with factionalising groups. Today, Ogun state House of Assembly is yet to reconvene because he is purpottedly backing a splinter group, now he is replicating same at the national level.Unfortunately his state lacks basic amenities, roads are failing,in security prevails yet the governor is struggling to be relevant.

More than ever before, Nigerian discourses are rapidly migrating to what one might call the virtual public sphere. Spirited and occasionally transformative discourses about Nigerian politics, economics, and culture are now increasingly taking place on such Web sites as Facebook, Sahara Reporters, the Nigerian Village Square, and a whole host of other digital discursive arenas. It came as no surprise to me when I read sometime ago that almost 40 percent of Internet traffic from Africa’s over 50 countries now originates in Nigeria.

We have outrivaled South Africa and the North African nations of Egypt and Tunisia in Internet use. Until this year, these countries had dominated the African presence on the Web. This is a good sign. Discursive democracy, which has been sorely lacking in our political culture, is taking roots. This is especially helped by the impersonality and anonymity of the Internet, which conduce to the bracketing of social status differentials, so that people at the lower end of the social scale can converse on equal terms with people at the upper end of the scale.

This all bodes well for deliberative democracy, except that the nature, tenor, and compass of most of the discussions that take place in digital Nigeria give cause for a little worry. Go to the comments page of a typical article in, say Sahara Reporters or the Nigerian Village Square, on any issue. You will be petrified by the unnervingly savage profusion of unspeakably raw, undiluted ethnic and religious chauvinism that pass for comments. The display of baleful and willful ignorance is often so thick you can cut it with a knife.

If readers don’t agree with a writer’s point of view—or, in fact, if they merely don’t like his/her name! —they almost always ignore the substance of his argument and launch vicious attacks on his ethnicity, religion, and region. And, of course, they never forget to add that he or she is a paid hack of some politician. In the twisted opinion of much of the contemporary Nigerian Internet commentariat, no opinion is the product of any individual’s independent analytical or discursive choice; it’s always already inspired either by primordial loyalties or by pecuniary gratification—or both! The only “objective” and “balanced” opinions are those that reinforce and give comfort to the commenters’ prejudices and biases. Although there are the occasional sane, measured, and thoughtful comments on articles and news stories, they are often, for the most part, drowned out by the primitive cacophony of rank ignorance and bigotry that now pass for “comments” on Nigerian-based Web sites.

Every issue is gazed at from the crude prism of Nigeria’s primordial fault-lines, which have unfortunately been actively promoted and even sanctified by our backward ruling elites since Nigeria’s founding. Calls for the dissolution of the country or for the excision of certain parts of the country from the union, or the belittling of whole peoples and cultures almost always accompany ANY Nigerian online discussion. In short, the quality of discourse is often so terrifyingly crude, so rhetorically violent, so destitute in basic conversational decorum you would think you are in some godforsaken cyber-jungle where wild, blood-thirsty animals are tearing each other apart with maniacal glee.

A friend once mentioned to me that if the comments people make on popular Nigerian cyber forums is a genuine reflection of what we think about the fascinating ethnic and religious tapestry that is Nigeria, then we have no business remaining as one country. While I understand the sentiment behind this point of view, I think it misses three crucial points.

First, there is something about anonymity that just brings out the beasts in people. People write mean-spirited and unmentionable things about other people that they can’t say about them or to them if they were to meet physically. Anonymity frees people from the burden of responsibility, accountability, and restraint. This fact, to be fair, is true of most anonymous online discourses; it isn’t exclusive to Nigeria, although a certain class of Nigerians would seem to be patenting hate and irresponsibility in online comments.

Second, for most of our life as a nation, we have been under totalitarian military governments whose hallmark had been the cruel, iron-clad strangulation of dissent and honest national conversation. The brief periods of civilian administrations we’ve had have not been qualitatively different. Plus, our national media formation is, for the most part, corrupt, compromised, closed, and obsessed with the petty squabbles of the ruling elite. So people have not had avenues to vent the pent-up anger, angst, and anxieties that have built up in their systems over the years. The Internet is now providing the platform for them to ventilate their suppressed frustrations. Perhaps, after a while, the undisguised rawness and vulgarity that characterize online comments on popular Nigerian online discussion forums will wane and rational, reasoned conversations and logical disputations would take place. I hope I am right.

Third, it appears that the poor and lowly taste of the comments in these forums is a reflection of the low quality of mind and immaturity of the people who participate in them. If mastery of basic grammar can be a reliable measure of educational attainment ( I know it not always is), then most of the commenters really sound barely educated. They come across as angry, ignorant, ill-mannered little terrors. It appears that mature, well-educated Nigerians have withdrawn from participating in these forums and just watch in amusement from the sidelines. I can bear testimony that when I started to actively participate in Nigerian online conversations in the early times, the quality of discourse was far superior to what obtains now. The incredible ignorance and viciousness that now pass for discussion on Nigerian online discussion boards is truly staggering.

I’ve stopped participating in popular online Nigerian conversations in the last one year. I have even stopped reading comments on my articles, which is sad because there are the occasional insightful comments, contestations, additions, suggestions, etc from a few thoughtful readers. But I can't subject myself to the torment of reading scorn-worthy, malicious illiteracy that I have chosen not to respond to because I want to read the occasional intelligent comment. That's why I include my email address in every of my posts. If people have something important to say, they will probably send it to my email. And since the email will hopefully bear the real names of the senders, they are likely to be more civil and more measured than they would be under the cloak of anonymity that the message boards give them.

After all is said and done, I don't advocate that anybody be banned or censured for the egregiousness of their comments. I think the key is to introduce some mechanism for people to be accountable for the comments that they make—such as registering their IP addresses and making them trackable. But if “virtual” Nigeria is a true reflection of the “real” Nigeria, then ours is a country where frighteningly naked hate and mutual suspicion and distrust reign supreme. Wise leaders would take a cue from this.

Author can be reached at farooqkperogi@gmail.com. He blogs at www.farooqkperogi..com

http://www.nigeriavillagesquare.com/articles/farooq-a-kperogi/what-virtual-nigeria-says-about-real-nigeria.ht

Area Fada, Charley Boy, has been associated with a lot of negative – and positive – things, but never before has he been called a homosexual. That is up until now.

A romantic picture of Charley Boy kissing Denrele has been circulating on the Internet for a while, and it has made many believe that both of them are involved in a sexual relationship.

But Denrele told Life and Beat that he didn‘t owe anybody any explanation.

“If not that I know you, I would have told you I don’t owe you any explanation. I just think that some people are out to tarnish my image. Call it Photoshop, call it publicity stunt or whatever the picture is, people just want to tarnish my image.”

But to those who he feels are out to tarnish his image, Denrele said, “I’m not bothered in anyway. They are just making me popular. The story is not affecting me in anyway. I have been receiving calls from all over the world about this same picture. I’m not gay, but I don‘t think I owe anybody any explanation.”

Charley Boy’s phone was unreachable when Life and Beat tried to contact him.

http://www.punchng.com/Articl.aspx?theartic=Art201010233134587

LouisThoru:
realy? To fall in love with your fiancee? You ok? LOL.

I am okay, thanks, maybe i should have said "accept" right? Thanks, but i am okay, once again thank you.

Ujujoan:
@ poster

You said you are a christian, then you should know that the only two people that need to love your wife is you and God. Your mother is NOT your God. Only God can choose the best woman for you.

That being said, sometimes what we WANT might not be what we NEED! A good relationship does not always translate to a good marriage. Your fiancee might be a wonderful person but not for you! Your destinies might not lie with each other.

That's why you need to go down on your knees and ask God what he thinks. Good luck!

Ujujoan

Thats deep, I appreciate

We have been together for almost two years now. In the course of our relationship she has proven to be very virtuous, faithful and true to the relationship. Though i met her while she was in her final year in school and i was working, she encouraged me not to sit in my comfort zone.

With her prompting and sheer grit, i sought for and got a study leave to proceed for my masters at the University which was quite expensive. Though i sponsored myself with my savings and goodwill, she supported me through and through in her own way. Not only this, she never wavered all through this time and practically committed all of her to me and my cause., my dreams and aspirations.

In the course of all of this, i introduced her to my mom who welcomed her at first. It however became another issue when i told my mom i intend marrying her immediately after my programme. Few days after informing her, she called me and told me i should forget it that the lady is not my wife. She based her decision on some "prayers" she had and spiritual inquiries she made which she has refused to give me details. I have tried all i could including pleading with her all to no avail.

Personally, i am a christian and i believe in the efficacy of prayers so i told her whatever she was told could be taken care of with prayers but she was and still is resolute!

At a point owing to some misdemeanors on my lady's path ( not infidelity) and the constant pressure from home to look elsewhere,i almost got involved with a colleague but i soon called it off since i want to remain true to my promises to my fiancee. I in fact told this my colleague my reasons.

Now, i am done with my programme and i really want to settle down. I have come to love this lady in spite of our mutual failings and misunderstandings. I am convinced she is a great lady (okay, she has her little woman's attitude) and seriously complement me.

I have made this known to my mom and she once again has bluntly refused. I love my mom and i really would want her to love this young lady like her own daughter. She even went to the extent of sending the lady a text to leave me alone and never look forward to her as a mother in law,

My fiancee to the best of my knowledge wants my family and said she will do all in her capacity to make peace, i really don't want to lose her,

Please help here,

Okay, let me warn you in advance, this is pretty long but quite revealing.

Philip Emeagwali stirs up diverse emotions in Nigerians, Africans, and black people around the world. His claim of being a father of the Internet, of having invented the Connection Machine, of possessing 41patented inventions, of winning “the Nobel Prize of Computing” and of being a “doctor” and/or “professor” have been conclusively debunked with widely documented evidence.


Fraudulent Claims help puts Emeagwali on the Nigerian Postal stamp

Yet, the figure of Emeagwali as a black scientific, engineering, and information technology genius and pioneer continues to loom large over discussions of black achievement. The legend of Philip Emeagwali’s purported inventions, widely proven to emanate from the perverse deceptive genius of the man himself, endures and proliferates among Nigerian and black groups around the world.


http://www.saharareporters.com/report/how-philip-emeagwali-lied-his-way-fame

Summarily, this report says

Philip Emeagwali deceived the whole world by appropriating a Phd to himself

Philip Emeagwali never won a Nobel price in computing as often touted.

Notable scholars in the diaspora all debunked his claim to being the "father of the internet"

and so on,

Reading the headline at first, i thought why now? why do we always want to put ourselves down? In fact, i toyed withe question, who paid Saharareporters for this hatchet job?

However this article appears quite factual and i just hope this respected Nigerian will come out to debunk all these allegations before the West latches on to this again and further do damage to our collective psyche

Billionaire politician and chieftain of the Peoples Democratic Party in Ondo State, Mr. Ibrahim Jimoh, has said that he will be responsible for the purchase of party forms for all aspirants of the party for next year’s election into the state house of assembly and National Assembly.

He asked aspirants who had already obtained the forms to ask for a refund from the party secretariat.

Ibrahim, who stated this at the state chapter’s rally held at Idanre town on Saturday, also encouraged all PDP aspirants apart from those eyeing Senate seats, to contact him immediately for financial support.

Aspirants wishing to pick house of assembly tickets are required to obtain a form with N1m while that of House of Representatives costs N1.5m.

The politician, who stormed the venue of the rally alongside some chieftains of the party in an helicopter, promised that he would ensure mobility for the party’s campaigns.

He said, “We are going to campaign with helicopters to complement the buses and motorcycles that we are going to provide at all the councils, wards and units.

“PDP will do everything possible to recover Ondo State from the current tenants at Alagbaka Government House.”

He said the campaign expenses of candidates to be produced by the state chapter would be funded by the party.

According to him, “The LP is a tenant in Alagbaka Government House and they will soon be flushed out, because they have failed the aspiration of the electorate.”

He said next year’s elections would be difficult for anybody to rig because they would be by electronic voting. He urged the people of the state to participate actively in the forthcoming voter registration exercise.

A former governor of the state, Chief Olusegun Agagu, who also addressed the crowd, challenged his successor, Dr. Olusegun Mimiko, to tell the people of Idanre what he had done for them in the past two years in office.

Among those at the rally were the state PDP Chairman, Dr. Tayo Dairo; Nigeria’s Ambassador to Australia, Prof. Olu Agbi; Otunba Alex Akinnadeju, Otunba Solomon Oladunni, Chief Afolabi Olabimtan, Dr. Eddy Olafeso, Chief Dele Fagoriola, Chief Tayo Alasoadura.

Meanwhile, Ondo State chapter of the Labour Party on Sunday asked the leadership of the PDP in the state to forget the idea of winning next year’s elections.

The LP in a statement by its Director of Publicity, Mr. Seyi James, described the statement credited to the leadership of the PDP at its rally in Idanre on Saturday, as ambitious.

It said the PDP’s rally in Idanre was a failure, noting that this was an indication of the rejection of the party by the people of the state.

According to James, the PDP had announced that an LP local government chairmanship aspirant, Mr. Adeyemi Cole, was to defect to the PDP alongside his supporters, but that the statement turned out to be a ruse.

James noted that the PDP was dead in the state, assuring that no amount of intimidation could make the people of the state to be cowed.

He said, “For 22 months, the people of Ondo State, like a man, stood against the PDP when they stole their mandate. This was despite their legions of thugs who intimidated them with guns; and today, there is peace and progress everywhere in the state.”

http://www.punchng.com/Articl.aspx?theartic=Art2010101146250

So, here is the makng of another godfather. By paying all this monies, you are simply saying you will be in control of the Party Apparatus. God help us if the party wins all the contested positions, then Mr. Jimoh Ibrahim becomes the power broker in the state!

I remember as part of the preparation for the Independence celebration, an ambitious project by a private organisation was scheduled. The baking of a Giant Cake! This cake was supposed to become a Guiness Book of Record Material. In fact, upon completion, it will be the biggest cake in the world! (well, until consumption)
Till date, i am yet to see a picture of this cake. I hope it hasn't gone the way of other abandoned projects,

seedord247:
I never pray of such

Me too,

Fear.com:
My wife earns more than i do? . . . .so?no big deal.But once it gets to her head and she starts actin' up. . . . . . .then we have a problem.

But it always invade the women's head, trust me,

yvyy:
my dear, those who r born again and truely understand d biblican meaning of marriage wont have dat issue at all.they will have d full understanding that in d marriage its no one's personal moni but OUR MONI.


having that in mind irrespective of who brings in more,its our moni and beside marriage shldnt be among two greedy people ,ofcourse.there is also no place in d bible God stated that d man shld bring more moni.but the word of God states that d man is d head and d woman a helper.

so its our forefathers that made us believe that men shld earn more for a marriage to be happily ever after.but look around u in this age we are in,70% of d married women earn higher than their hubbys but only those that keeps their mouth open r them u will notice it from.

so my dear,it really doesnt matter. just have d understanding that its our moni.

, There's a saying that my own is my own, there can never be our money, particulalrly when it comes to a woman earning more money. In most cases, the man end up being told either subtly or sometimes overtly that she brings more to the table, The moment she starts earning more, methink a man should start looking at alternative source of income to augment the mainstay,

I love female football.The sleek passes and the deft moves. The dribbles and the tackles. All the works really makes female football quite appealing.

Then the goals. Oh, female footballers never plays drab matches. They paint the matches RED with goals. The Germans, the Brazilians, the United States and even the Nigerian girls, all are super strikers!

However the monotony of the female football goal celebration is a big minus!. Save for the running around, the pointing to the sky and occasional dance steps pioneered by the African teams, the celebration lacks passion like that of boys and men!

Now Imagine a double digit goal margin match and none of the female footballers pull off her jersey to celebrate, or slide on the turf face down. Come on, If Ayila can pump in six goals like Messi, she should be able to celebrate sliding, face down like Messi. Imagine the Germans with over 20 goals removing their Jerseys to reveal inscriptions and tattoos like Kaka,

What happened to what men can do?

Come on girls, Celebrate as in CELEBRATE, remove your Jerseys, slide on the turf, bump chest fiercely, jump over the boards, run around like Adebayor, then sliiiiiiiide pumping your chest,

It's good for the Camera, it's good for business, its super for marketing,


Abeg, beg the female footballers to CELEBRATE,

Mr Fix Nigeria has finally seen the light, Welcome to politics,

Its a feel good thread please,

Remember those days we dare ourselves to do the unthinkable, unimaginable.
Remember how some of us actually took risks all in the bid to prove that we CAN even when all around us seems like we can not,

You never can tell who is reading, so let's dare some of our celebrities, Music, Movies, Comedy, Sports even politics, lets' dare them to do the unthinkable,

Feel free to add, from the mundane to the most serious,

Dare some one now, 

Sports
I dare NFF to appoint Samson SiaSia. the Super Eagles Coach!


Music ; I dare 9ice to rap in English for 2 minutes running,



So, Dare someone, now

Some of my colleagues saw this and could'nt help but call my attention to it. http://www.nigeriamasterweb.com/paperfrmes.html

They jibed that everything "goes" now in churches. From serious backbreaking dances to fashion fairs. Personally, i 've been to a programme where klint the Drunk in his glorious drunken act "ministered" to us in Comedy!
Once, we all couldn't believe our eyes seeing Fadeyi Oloro in an open carriage bus, paraded as a publicity stunt by one of the white garment churches in Lagos.
Whats your take on this? Secular musicians take praise worship? So many questions, so few answers!

Thanks first be to Almighty God for whatever i am today and so much more i will become,

Thanks to my late dad, who gave his last on his deathbed to see me go to the tertiary institution.
Thanks to my mom, she was (and still is) so supportive, i was such a naughty young boy!
Thanks to Mummy Sarumi who evolved a reformed and refined me,
Thanks Daddy Cole for those empowerment lectures,
Thanks to Aunty Ibi, who God used to make Agidingbi, ZX, and UK education and career happen,
And Finally, a big thank you to my Adetoun who not only forcefully ejected me from my comfort zone to this place i never dreamt of, you defied all odds in the process, see, we are are shining now, I will spoil you rotten, cause you deserve it and so much more, lol.

Gosh, and thanks to the OP for being sdo thoughtful, i was thinking i wont be doing this until my wedding day, so here, you prompted it!
God bless you

I need accommodation urgently. I work in Lekki while my fiancee works in Iganmu. We are looking at an accommodation that is close to our offices and affordable too. A two bedroom flat with the basic amenities will do just fine. My budget hovers between 350k to 500k for two years.

Anybody with genuine information/suggestions should please drop a word here and probably a means of contact.

Thank you for your help.

Dear Diego Forlan,

I will cut straight to the chase-You are a spoilsport!

Your stellar performance against South Africa yesterday simply reeks of ingratitude. It also negate the spirit of fairplay upon which the game is built. Look at you. You simply turned yourself into an enigma of some sort, cutting through the defence like hot knife through butter. You had the effrontery to conjure an impossible goal infront of a capacity crowd. You then took it upon yourself to play the penalty that shut down the blaring vuvuzelas. You, Forlan, You!

This a "you" that was welcomed in grand style to the rainbow nation. This "you" that was feted and pampered just the night before in your hotel. You were allowed to sleep in your hotel in peace. Don't you know this is Africa, where we do everything that is anything to win a football match? We could have posted a band of vuvuzela blaring youth behind your window. We could have slaughtered a chicken right in front of your hotel room,. We could have refused to pump water for you to have your bath or worse still poison your food the night before! But we did not and what did you pay us with? Three goals, Forlan, you and your compatriot-Three goals,

Granted you were fired by some patritoc zeal on the field of play, couldn't you have tempered the zeal the moment you noticed the Bafana Bafana defence is that porous? Once you had one goal, couldn't you have told your colleagues to ease things a bit.

Why? You ask why? Because, this is African's world cup, you slowpoke! Because South African spent a whole lot to bring this fiesta to the African soil in the first place. I am sure you dont read newspapers, because you would have found out the whole Africa is sleeping in South Africa now, except for those recalcitrant ones in Somalia! Do you know how many senators are now in SA from Nigeria, 62, Forlan, 62, How many of yours are here? How many?

Let's say that is not a good enough reason, haven't you heard about Nelson Mandela before? the Great Madiba. You could have done it for him. Score a goal and relax a bit. Haven't you heard of Archbishop Desmond Tutu, the great activist? Okay, you don't read newspapers, fine, but you watched the opening ceremony abi? You did not see that graceful old man dancing away on the VIP stand, to the music of Shakira, Black eyed peas and others. That's him, you baseje, obi ton so leerun ( I wont interpret this, i swear, i wont)'

Yet, you and your fellow ingrates breached the defence thrice! We suspect this is a South American conspiracy to humilite Africa. Isn't that what your friend from Argentina, Messi wanted to do with Nigeria too? Thanks to Enyeama who destroyed themachinations of the evil ones!

You have done your worst, now is the time to make that proverb -ti won ba ran ni nise eru, afi tomo je- come alive for you. The whole of Africa has withdrawn support from all the South American teams! From Argentina to Brazil, Uruguay to any other "guay" Whenever you go shopping, you will pay double henceforth! You will have to clean your hotel rooms yourself. You will have to cook your meals yourself henceforth. If any of you want to move from your base to any part of the country, you will have to trek. No African is permited to be your driver.

You direspected the fairplay mantra by scoring those goals yesterday and sending the gracious hosts and hostesses home before the end of the match, hence, we are not playing fair anymore.

Oh and lest i forget, let's say by some dint of luck any of you make it to the final, we won't watch it. We will switch off our televisions. In fact, for those of us in Nigeria, our televisions'been switched off by default anyway-thanks to PHCN. We are angry with you, we sure are.

But you can still remedy the situation sha. What you have to do? Call your fellow journeymen to order! Relax your defence against African Teams! This is Africa's world cup okay? Play defenders upfront and attackers as defenders. Do something but make sure whatever you do is wrong! Then we will be happy with you again. We will come and pick coaches from your countries again.

We are prepared to make you happy guys, Only if you make Africa Happy!

Great!

I  remember vividly reading on Saharareporters  that the imams are being courted! Also that Daily Trust and This Day for obvious reasons will be the harbinger of this news.
Was shocked to see the same story playing out like a scripted play.
I am wishing the President all the best but if this is another ploy by madam, then, Nigeria need more prayers. Alas, the imams are now on personal retainership! The pastors have all jetted out too,
Enough is enough!

The Olden Eaglet have been quite brilliant!

The ref. is a bat, lol
a penalty ought to ave been given to us now,

Anyway, its clear the VZ keeper is a basket,

Another freekick, and well kept again, good judgement from Okafor Again,

There's no fluidity in the Naija boy's game yet,

Okafor just saved Naija now,

and of course, the Venezuelan almost lost a shot,

The gane is head to head for me now sha

If the Chief Security Officer of a State is credited with this statement for real, then we need more than prayers in the country!!!

190:
yea who the Bleep is mike aremu
some sort of alcoholic drink or wat

This is so so funny!

Mike Aremu is one of Nigeria's leading saxophonist in the gospel scene!

Morizo:
The GSE TEST IS CHARADE. NOTHING HAS CHANGED YET I ASSURE YOU.the organisers still collect monies to enhance performers and invite pretty female candidates to their hotel rooms for "upgrading"

No please, the GSE test is not a charade. Though i took the test for as part of the admission criteria for my Masters in PAU, i still get notifications from Dragnet whenever there's any opportunity particularly in the telecommunications sector. I also paid something in the range of 5k to take the test. Chams city is the place to take the test in Lagos, while Afrihub is the place in Abuja!

demiqueen:
the test is in 3 parts: verbal, numerical and abstract reasoning. it's not hard but u need to think sharp and fast. all the best.

Correct! You have to think on your toes, and the result is near instant on your mobile phone!

qblaze:
Maybe you flunked the test. They are not a recruitment agency per se. If you pass the test, they forward your details to their clients.

I don't know about flunking the test though, but you can always print your result and also use it to shop for jobs online. Whatsmore, once you have the result, you have a permanent account. So i "guess" even if you didn't do that well, you can take the test again.( I am not sure about this though, you could confirm with the Chams officials)

Goodluck!

Here, another generalization

charles316:
they wear seductive stuff and swing and shake but they are dumb when it comes to bed matters.sometimes they are scared of even touching ur diick.but i dont need them to be active o,they just need to give me a tight womanliness .cos thats all i want.

wesley80:
OK it was a stupid school boy error dat displayed a shockin level of ignorance -GRANTED. But why should Nigeria and her journalism take d swipe but not PM news and her editor? I think we've got just too many so called Nigerians willing to associate Nigeria with d stupid and ridiculous but take d credit 4 d sublime.such a shame!

You have a point here. The generalisation here is uncalled for. Nigerian journalism irrespective of the societal shortcomings here and there is really galloping in the right direction. The last time i checked, we even have a pulitzer winner (Dele Olojede) already in Nigeria. Even the CNN organised awards for African journalists is incomplete without a Nigerian Journalist (Azubuike Ishiekwene) sitting on the deciding panel and even Nigerian journalists carting away well deserving awards.

adebanjou:
what is wrong in pissed off, olodo. come to white man land.

Everything is wrong with "pissed off" in a conventional news reporting. It might be accepted in the United States, but i know the Nigerian newspapers write using the Queens english. By using that word, P.M news really cut an image of an unserious newspaper. I doubt if Punch, Guardian, Daily Trust or This Day will use that word in the first place, and even if it will be used, it will be italicised for effect.

Abeem:
There is nothing wrong with the word. Although, it is more of a slang but the circumstance it was used helped to press home the meaning that the government of Yaraclueless was extremely angry or upset with the US.

Yes, the word is gaining acceptability, but like i said earlier, even if the editor wants to use the word for maximum effect, he could have italicised that word. "Pissed off" i am sure is a slang that is probably yet to worm it way into the dictionary!

Banks will have to go the Presidency instead of the regulatory bodies because the yardstick for giving out loans in the first place as stipulated by the bodies was not strictly adhered to in the first place. I am sure the word "high networth" clearly sounds more like a collateral to the banks at the point of issuing out the loans in the first place. Now that the high networth customers have now decided to be featherweight in their business commitment, the banks wouldn't have any other choice but to run to the president.
Naming the loan defaulters i must add will definitely add fillip to the loan recovery for the banks. Remember the recent senate naming and the flurry of activities from the loan defaulters of the failed banks! An average Nigerian politician always would not to cut a picture of a financially sinking personality particularly now that the 2011 election is around the corner. So if there is any time to name loan defaulters, the time is now.
The CBN governor should also ensure constant audit of the various banks. It is quite noteworthy that banks start crying out now that the CBN has started scrutinizing the various books of the banks. A compliance unit could even be established within the CBN to constantly ensure that the banks comply to the letter, the various policies as stipulated by the CBN and the other financial regulating bodies.

By Enitar Ugwu

NOW, the die is cast. Nigerian banks' fears over the recovery of huge loans to some Nigerian companies and the threat of such unpaid loans to their operations are now in the open.

In fact, the banks have decided to frontally confront the debtors.

The development has compelled some of the affected financial institutions, notably Access Bank and Intercontinental Bank Plc, to either go to court or petition President Umaru Musa Yar'Adua asking for his intervention.

Access Bank Plc recently went to court over Africa Petroleum Plc's alleged failure to pay a debt of about N5 billion.

And in a novel move, Intercontinental Bank Plc has written a petition to President Umaru Yar'Adua to help compel a "debt cabal" to pay up.

In a petition sent on its behalf by A.O.S Practice, a firm of legal practitioners, and dated August 5, 2009, Intercontinental Bank spoke of "a plethora of personalities, otherwise called the Cabal, who have deliberately refused to make returns in respect of facilities from which they have benefited."

The bank also said: "To proceed to sue these institutions as ordinary legal dictates would suggest, is to get bogged down with the legal technicalities and slow pace of the adversarial practice of our judicial system, which these cabal would engage to wear us down.

"We are thus forced to run after loan defaulters and rabid debtors who are daily being serenaded in the media, as affluent Nigerians."

A look at the three companies indebted to Intercontinental Bank as contained in the said petition shows that their cumulative debt profile stands at about N35,788,116,159.37.

In it's petition, the bank made "a clarion call" on the President "to dismantle this cabal that is hiding under the auspices of the Federal government's fiscal and economic policies whilst gang raping our client, as with such other well meaning banks, that oil the economy of this great country. This gang-rape is obviously because we lack a credit registry or bureau in Nigeria where information and data on the credit history of persons and companies can be accessed to determine their standing in relation with other banks."

The petition also sated: "Indeed, what our client requests that you immediately do, Mr. President, Sir, is in conjunction with the Attorney General of the Federation, to ensure proposal and enactment of a legislation that will strengthen and position the financial affairs of this country, in order to cause a total overhaul of our legal system with a view to doing away with the weaknesses inherent therein."

It lamented that "facilities running into several billions of naira are made available to institutions and individuals of perceived high networth, to trade or carry out businesses having direct impact on the fiscal and economic policies of the country, yet these facilities are neither serviced not repaid in line with the terms of the contract. Not that the businesses do not yield the envisaged profits or dividends, rather the same have now been diverted for other selfish and less than altruistic purposes."

An in an open admission of the complication of the banks' dilemma, the petition indicated that the loan were not secured.

"For some of these transaction e.g. the current government's policy of deregulation of the oil sector, with its add-on effect on the distribution and sale of petroleum products, the financial outlay required is so vast that there cannot be sufficient security to collaterize such credit facilities, which run into several billions of naira, given the turn around time, to insist on the provision of adequate security as financial prudence dictates, will amount to refusing the facility, with the implication of indirectly derailing government vision and policies."

The Guardian had, on July 22, 2009, exclusively reported that a few companies and their directors have compromised funds of shareholders and customers of the financial institutions.

Already, the Central Bank of Nigeria (CBN) has opted for a full disclosure strategy to stem the tide of anxiety faced by the lending banks.

As at the time of the report, over N1.25 trillion was being owed the banks by the high profile individuals and their companies, with a significant percentage of the debt stock in foreign currencies.

But the debtors have seemingly kept the banks in suspense, forcing them to categorize the liabilities as bad debts that are being written off to cleanse the financial institutions' books.

Indeed, two of the companies and their directors have a debt overhang of $3.75 billion (N550 billion), with a further N280 billion representing the local currency component of their collective liabilities.

Another well-known group of companies, with an equally visible entrepreneur as its majority stakeholder, is allegedly owing the banks about $400 million (N58 billion).

Although some of the alleged debtors have denied that they owe the banks, hopes of the affected institutions to recover the loans are fading.

A survey by The Guardian indicated that objectives for which the loans were collected remained largely unachieved, with some of the banks strategising on how to present acceptable financials to their respective shareholders.

Some of the financial institutions, reeling under the burden of the high bad debt stocks, have even been postponing dates of shareholders' meetings, while about two have decided to hold the mandatory forum in locations far away from Lagos, to prevent attendance by critical stakeholders.

Already, three banks have written off over N76 billion in loans, thereby assailing profitability and dividend payouts.

The CBN is flooded with petitions from some of the banks, over difficulties in debt recovery, especially from the major five debtors.

Some analysts, who spoke to The Guardian, expressed optimism that the banks could eventually recover some of the debts, going by the CBN's current disposition, which favours full disclosure of transactions.

A former Managing Director of one of the defunct banks said in Lagos that chieftains of the financial institutions should discard alleged blackmails from the debtors and expose them in the interest of their respective shareholders and customers.