₦airaland Forum

na wa oooh.[b]i no go surprise if FG [size=14pt]relomove[/size] from abuja go cotonou 4 d ineptitude of NEPA [/b]cum PHCN and themselves.i no blame cocacola my guyz.dis wan wey al man sef wan relocate.i no go mind visa enter cotonou if dem go giv m kia kia.wat a govt? Angry Shocked Sad Wink

So we need foreigners to clean the mess for us
Let's see if they will escape like DSP Alams

It's just another day!

There's a day like this every year!

In 2001 - 01/01/01
In 2002 - 02/02/02
In 2003 - 03/03/03
In 2004 - 04/04/04
In 2005 - 05/05/05
In 2006 - 06/06/06
In 2007 - 07/07/07
In 2008 - 08/08/08
In 2009 - 09/09/09

Next year, it will be 10/10/10.

Norring freakin special!

Haba!

Resource Management first then Resource Control. If not the fight will be on behalf of the elites

I HIGHLY recommend that you all watch the ad again. The ad doesn't claim that ALL nigerians are 419 fraudsters,

It specifically refers to Nigerian 419 fraudsters.

@greenman guy u dnt ve to insult the alfa. pls dnt generalize tins. try to be objective

I just realized now that critics doesn't make good leaders. I expected some unprecedented development in Edo state going by his antecedent as a labour leader. Oshiomhole is a disgrace to the activists. I weep for this country once more!!!!!!!!!!

Ibime,

Regardless I think he should be appreciated, He was never in Politics and we saw his business empire. We all know of Glo, Conoil and ETB. Not some untraceable wealth of others.
Despite the persecution during OBJ regime the guy still supported Nigerian Sport.

What of other rich folks like Dangote, Otedola and co?. Adenuga is not obliged to support sports in Nigeria but anyone who does should be appreciated. He paid, Vogts and sponsors the Eagles from time to time.

@topic:
For real? And what happens after spending all that money? back to square one? Undecided

COUNCILLORS and some stakeholders in Abia State have dragged a council boss, (names withheld) to the Economic and Financial Crimes Commission (EFCC) for allegedly approving the sum of[b] N1 million every month in the past two years[/b] as kitchen allowance for his wife from the council funds.

Why are they all Ibo men

i used complicited cos i was not really single and i was looking forward to meet new friends

All these things are long thing. Why wont my girl friend stay with me.

If any girl is stupid to date me as a married man, why should I complain again?

As some of you might be aware, when Governor Lamido Sanusi's predecessor in office - Professor Charles Soludo (an economist) was appointed in 2004, my disagreement with him on policy was so vehement that I chose to go public with it. In a published letter to him dated 12 July 2004, which appeared in The Guardian Newspaper on 21 July 2004, I pointed out that, on banking consolidation, Governor Joseph Sanusi (1999 -2004, Soludo's predecessor) did "too little too late" and that his approach was "frustrating but not dangerous". I then cautioned that in my opinion Governor Charles Soludo's approach/actions translated into ", trying to do far too much and far too soon" and that we might therefore be ", swinging from one extreme to another and that is very dangerous". As we all know, throughout his tenure, Professor Charles Soludo appeared to be pushing Nigerian banks to expand aggressively both domestically and internationally.

A few months after the advent of the current global financial crisis it became evident to all those who were discerning that a handful of Nigerian banks were in trouble. At the very least, they were guilty of bad judgement. Some say that two or three of these banks grew too big too fast and were simply destined to implode. Whatever be the case, it was clear that they had misread the severity of the economic downturn and the collapse of asset and commodity prices (including the Nigerian stock market index and crude oil prices) and had lent large sums of money to people (including some insiders) who did not have a semblance of a business plan. Their loan losses were so significant that they became clearly illiquid and became increasingly reliant on Government "life-support" via continued reliance on CBN's expanded discount window. Weak risk management and lopsided corporate governance practices did not help either.

The Emperor had no clothes on, but CBN under Charles Soludo insisted that he was fully clothed and, indeed, threatened sanctions against any Bank CEO whose staff dared to make reference to this "open secret" that the capital of a handful of Nigerian banks was almost completely eroded. They called this "de-marketing" of the competition and even turned the clock back on greater financial disclosure and transparency.

Perhaps Governor Soludo was seeking a second term for himself before seeking clothes for the naked emperors?

Enter Mr Sanusi Lamido Sanusi a seasoned and knowledgeable economist and professional banker/risk manager with impeccable credentials, including, notably, integrity and a penchant for telling the truth at all times - hence his bias towards full disclosure and transparency.

I make this declaration publicly and without any hesitation because Lamido is a man I have known for over 35 years. We are both economists and professional bankers and our paths have crossed repeatedly over the years. Lamido is intelligent, bold, courageous, independent, straightforward, honest and humble.

I believe Lamido's recent actions have also helped to provide the spark to President Umaru Yar 'Adua's Presidency. Our President must, of course, take the credit for having the foresight to appoint Lamido and for backing him on this important rescue mission because as we all know, DOING NOTHING WAS NO LONGER AN OPTION.

Ladies and gentlemen, I present Mr Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria.

Governor Charles Soludo's approach/actions translated into ", trying to do far too much and far too soon"

its getting ridiculous. i forsee a situation where people will be kidnapped for as low as 10k, depending on how much your income and status in the society is. especially when the yahoo-yahoo business goes down!