₦airaland Forum

My people, I'm sad seeing churches every where, yet corruption has a firm grip on our lives.

Take time to think, it is the source of power.

Hi every one.

This indeed is the new beginning for a better Nigeria if and only if our so-call bigmen will not rubbish the law.

^^^^ I agree with you.
That is the more reason why IBB and Atiku should not come near the scene of action. They failed woefully in the past and nothing good is expected out of them.

It is a joke. NSCDC shall not bear arms for whatever reason. Note it.

becomrich3, are you ok?

Let's make it hot. Yes, we can.

Eur/Usd seems to be on downward trend with effect from today @ 1.2800

OMG!

NOT AGAIN! This power robber must not be seen anywhere near ASO Rock.

Yes o. Please chase them away. They are not Y2K Compliant. Moreover, they don't have NAFDAC Number. They are indeed expired drugs leaders, not fit for the NEW realities.

The declaration came as the Minister of the Federal Capital Territory (FCT), Senator Bala Mohammed said the time had come for Northern political leaders to be told in clear terms that other Nigerians have stakes in the enterprise called Nigeria.

Na gode mallam. Gaskiya ta fi kwobo.   

This KOLO of a man has gone KOLO again.
Well, maybe 32 states in the states created by this kolomental man may vote IBB, but NO State of the Federal Republic of Nigeria will vote for IBB.

Is like this KOLO is as mad for power as his idol. Happily, they are both losers!

Exclusive: Ndi Okereke-Onyuike Responds to Developments at the NSE.

August 16,2010

Address to Members of the Capital market Committee at a hearing on the Recent Developments at the Nigerian Stock Exchange on Wednesday 11th August 2010 at the National Assembly, Abuja.

1.    Preamble
I thank the honourable members of the Capital Market Committee for the invitation to this hearing, as it affords me an opportunity to tell my story to Nigerians in the wake of unprecedented malicious disinformation about my person and The Nigerian Stock Exchange.
Unfortunately, on the basis of the co-ordinated and sustained disinformation, I have been made to suffer incalculable personal loss and The Stock Exchange has been brought to disrepute. Mass media editorials and all manner of opinions have been expressed without commentators knowing the kernel of the issues at stake.
Not even the House Committee is exempt in this regard, given that I have been invited in my personal capacity as “ex- Director General” of The Nigerian Stock Exchange to explain an issue that should ordinarily be addressed by the Council (Board) of The Exchange. Also, Alhaji Aliko Dangote has been invited to this hearing in his personal capacity when in fact he should be leading the Council of The Exchange to this hearing.
I have been addressed as former Director General when there has not been any examination of the process deployed by the authorities in managing the situation that is the subject of this proceeding.Attending this hearing is Mr. Emmanuel Ikhazobor who is described as the “Interim Administrator” of The Stock Exchange. It was reported in the media that I have been relieved of my position as Director General of The Exchange when the letter The Exchange received from the Securities and Exchange Commission (SEC) was a directive to the Council of The Exchange to effect my removal.
As at today, the Council of The Exchange is yet to meet to decide on the SEC directive. Yet, the same SEC that issued this directive has deployed the worst kind of abuse of state power in a democracy to abduct the Secretary to the Council of The Exchange and invaded the premises of The Exchange in Lagos with heavily armed state security personnel to effect my purported removal from office.
The issue of due process is especially important in the context of democratic ideals and the sacred duty of the legislature to protect and advance civil liberty.
We must not gloss over the issue of due process because what happened last week at The Nigerian Stock Exchange is a precedent that put every Nigerian at risk. As the saying goes, ask not for whom the bell tolls, for it tolls for every one of us.


Read the full address here:
http://www.proshareng.com/articles/2129

Meanwhile, here is the CONCLUSION of the address:

3. Conclusion

I wish to conclude that I have worked for the past 36 years without being accused of financial impropriety and it should therefore be inconceivable that I would be involved in fraud with only weeks to my retirement and at nearly 60 years of age.
Also, it should be noted that there was no uncertainty as to date of my disengagement from The Exchange. As recent as Saturday, 31st July 2010, the Punch Newspaper (http://www.punchng.com/Articl.aspx?theartic=Art201007315593020) had published a news report based on an interview with the Head of Corporate Affairs of The Exchange, confirming that I would be going on terminal leave from September (next month). In fact, I was scheduled to submit my notice of disengagement at the meeting of Council scheduled for Friday, 6th August 2010.
So, it is inconceivable, and far from true that I had refused to retire from The Exchange and thereby was undermining the management succession programme of the organisation.
Finally, I invite this Committee to note that the attacks against my person and office by SEC were based on unsubstantiated allegations, while appealing that you consider seriously the breach of due process in the current crisis in the capital market and issue the necessary directives, as those who administer the law must be seen to act within the law at all times.

Thank you.

Professor Ndi Okereke-Onyiuke, OON
Director-General/CEO

If the man specialises in snatching jeeps why did he not snatch Dina's jeep after killing him. This story seems to have been cooked and garnished with maggi and ajinomoto to taste. Hmmnnn. Naija police!

"Wealth depends chiefly on two words, industry and frugality; that is, waste neither time nor money, but make the best use of both."
-
- Benjamin Franklin, statesman

^^^ What about you? Which camp do you belong?

Wishing the amazon many prosperous years ahead.    

The ghost of June 12 still hovers over IBB's head.

This reminds me of the story on police arrest of armed robber turned goat that made serious discussions in this forum some time ago.

The truth iss that I hardly take anything coming from sun as the truth.

Almost all the news are placed to achieve a purpose from their paymaster.

Sun newspaper has become a political propagandist machine for some enemies of Uncle GEJ. Just raising unnecessary alarm here and there.

The riders in a race do not stop short when they reach the goal. There is a little finishing canter before coming to a standstill. There is time to hear the kind voices of friends and say to ourselves, 'The work is done'. But just as one says that, the answer comes, 'The race is over but the work is never done while the power to work remains, '. For to live is to function. That is all there is to living.

So, must IBB function as president only while living? This is a  useless ambition. And that is the more reason while he will fail. He should know that he can function well in other areas since he has failed leadership test already.

Money miss road.

When shall my people learn their lessons? Is it not in this same Ibadan that one pastor who thought himelf a Daniel entered the lions den in the zoo and was used for breakfast, abi na lunch sef?

Na wa o. IBB tenure (1985-1993) started the mess.

Hmnn. aisha2 these your perfumes are terribly bad. They smell bad, highly pungent and not good for the body at all.

^^^ If he is a 50 - 50 prophet, then, he is not seeing any vision or being spoken to by God. He s a mere political/event analyst like any of us,

You see, that is why democracy in the third world (even though some hate this tag) is difficult. Too many selfish persons in the chain of leadership. Now that the legislature does not mean well for the anti-corruption move by the executive, how can the executive function effectively? Remember, the freedom of information bill is still in a coma.

Am I seeing Plateau in red? I don't think Plateau should be in red. Plateau would have been light green if not for the rampant crises in the state.
As far as I know, the Gov has brought a great positive change in the leadership of the state. He has 10 agenda and he has been pursuing and delivering them except SECURITY which has remained a thorn in his flesh.