₦airaland Forum

The people of the south especially the south east have this self acclaimed superior wisdom over the Hausa/Fulani ethnic group in the north. But situations in the past and present have exposed the wisdom in the acclaimed foolishness of the north and the foolishness in the presumed wisdom of the south. Any user of social media will agree with the assertion that the southern region particularly the south east has emerged as the wailing wailers of this administration.
This is very safe to say that the north understands the dynamics of Nigeria politics more than the other regions; they are on top of the game. The region is presently heading the three arms of government, president Buhari in the executive arm, Bukola Saraki in the legislative arm and Mahmud Mohammed in the judiciary. By omission or commission, president Buhari can hardly be blamed for this lopsided balance of power because leadership in the national assembly is elective and the judiciary follows the practice of seniority in office. Moreover a careful scrutiny of the election process in the national assembly showed the enthronement of northern objective rather than supposed power tussle between PDP and APC. Let’s presume that president Buhari have no hand in the election outcome, but having 37 appointments in the Aso rock, all from one region in the country puts a question tag on the duty of the president as regards section 14(3) of the 1999 constitution. Mention is not made of the appointment of the INEC chairman, director of DSS, customs and the most recent being the replacement of EFCC chairman with another northerner.
In clear terms, one of the advantages of balance of power is that it makes each region dependent on one another; it creates politics of concession and compromise which builds national unity and understanding. As it is today, the north decides who gets what, when and how. I am compelled to say in all honesty that the north deserves the position it currently occupies in Nigeria. They strategically planned for this moment having failed to capture power severally using a regional party; they aligned with willing south west and gullible north central to enthrone an ethnic lord as the president of the republic. The bounty of victory is being shared and someone who didn’t contribute to the victory is wailing. The president didn’t miss words when he said regions that gave 5% vote will not be treated fairly with regions that gave him 97% vote.
The south is wailing because weak Jonathan failed to read in between the lines when Professor Attahiru Jega proposed an additional 30,000 polling units giving his region 72% while the entire south including Lagos state got 28%. We are wailing because southerner governors decided to keep mute when professor Jega allowed collection of PVC by proxy in the north while disallowing same in the south. The north is not to be blamed for the short sightedness and individual approach to politics in the south. There was mass exodus of northerners to their respective states few days to the presidential election to vote PMB in, however down here in the south especially in the south east, people who claimed they love Jonathan didn’t even get close to the voting units, instead they opened their shops for business. Anambra had 703,409 number of votes cast out of 1,963,427 registered voters, the same can be said of Enugu and Imo state. Igbos want to benefit from a harvest they didn’t help in cultivating as if Nigeria is an advance democracy where the elected president becomes the president of all citizen irrespective of the voting pattern.
The south finds it very convenient to blame the north for this political exclusion, but they easily forget that we had the opportunity for six years to put things alright. There was a Jonathan who failed to accent to a constitutional amendment bill that would have favoured his region. We had a Jonathan who played politics with the confab report because he wanted to patronize the south west with its implementation. What did the Igbos achieve when Alex Ekwueme was the vice president in the second republic? Did the Igbos proof consistency in leadership when they were allowed to occupy the senate president’s position? The ripples of the civil war are heavily visible in the Igbo man’s approach to politics, he wants to survive and thus sacrificing group interest is no big deal for him.
The Igbos should stop wailing and go back to the drawing board, 2019 is close. They should learn the act of tactical negotiation and beneficial group compromise. Alliance with the south-south alone won’t give the region any politically leverage. The region should capitalize on PMB short comings to convince the south west and the middle belt on the need the Igbo man should be trusted with the presidency of the country. PMB is showing GEJ what it means to be the commander in chief. He is not ready to trade a bird in hand for an imaginary elephant in the bush, he is incharge and he doesn’t care how much you wail or protest.

By Maximus Ubaka.
Guest Author on Naij.com

Cc: lalasticlala, Obinoscopy, Ishilove

MTN

Extinction of the human race is eminent

Exactly 8 months and 15 days ago, Buhari tweeted this on his Twitter handle.

His psychopathic followers jumped on Facebook to insult GEJ now as am speaking to you they are silent.

It's either they are ashamed or dead, or have no light to charge their phones, iPads and computers, whichever way I pray they've learnt their lessons. Copied!

Insightful

masonkz:
You mentioned the benefits. What are the downsides to the ARM MMF? If any.

I have tried to give a full disclosure about the fund. If you go through the details again you will notice that I made a note. But, if you have questions on your mind you can state it here and I will attend to them.

EasternLion:
Ok, we are the only people to die and fight for it, while you people throw scorns and jests.


Satan do punish people too.

What your fighting for is simply out of place and you know it. Your fellow igbos have been part of the same corrupt government that have impoverished the masses. If your out to fight for good governance I will gladly join in the struggle buh not this unreasonable agitation. Even if you form your own government things will not change until the fundamentals are dealt with. South Sudan are still fighting 4years after separation from North Sudan.

This is madness. Why can't we just learn? The case of South and North Sudan is still in mind... Those regions are yet to find peace four years after separation. I really wish this whole movement can be channeled into demanding for things like true federalism, good governance, accountability of public officials. Smh.

I wish they can channel this energy into something much more reasonable like demanding for a true federalism

ernie4life:
nice to have someone from ARM here, we would like to know more about ARM mutual funds,

Give us a brief about all ARM mutual funds with specific details to there classifications, tax implications, interest rate, tenure, minimum investment amount any extra information you think would be helpful.

Thank you for the privilege... This has been a wonderful thread and I must commend you for the great work.

At ARM our mutual funds are classified into four.

1. The ARM Money Market Fund
2. The ARM Discovery Fund
3. The ARM Aggressive Growth Fund
4. The ARM Ethical Fund.

The ARM Money Market Fund: The fund invests mainly in money market instruments, such as government treasury bills, commercial papers, bankers acceptance and certificate of deposit.

Benefits
- Generate steady income
- Its tax free
- Capital preservation
- Serves as a collateral.
- Pays dividend every quarter
- Low risk, because 100% of the fund is invested in the money market
- The fund is open ended, its not tied to a tenure I.e you can enter and exit anytime. However, its expected that you stay up to a month. A breach of this will result in a penalty of 20% of what your money has been able to yield within the period. Actually your money yields something each day it stays with us.


Note: It goes with a floating rate and not a fixed rate. And since the inception of the fund it hasn't done below 10%.
Redemption of investment takes 3 to 5 working days.


@ernie4life you raised a concern about how the fall in the price of government securities will impact on the money market mutual funds. Well, I can tell you that at ARM our top priority is to look for maximum opportunities that exists in the market for the optimum benefit of our clients. Though, T.bills has been falling but, the yield on the ARM money market fund hasn't done below 13.5% since the beginning of the month of November.

I will be updating the house from time to time. Am here incase of any questions.

Will take the Discovery Fund next.

carpenter:
Yes o! Without doubt it will affect our yields. Infact e don affect sef...FBN MMF has been around 12.x% for some days now...we don't see our regular 13.x or occasional 14.X% anymore.

However, I still see us doing better than the rates above because MMF is a mixture of instruments. This is the beauty of a pool of funds. For some reason I have always loved to benchmark against 12% for my calculation, maybe because it is easier with 12 months in year...I just look forward to 1% every month. Even with Inflation at above 9%, you still make a respectable 2-2.5%...not bad for passive income and it ensures you are not losing money to inflation.

http://www.fbnquest.com/asset-management/our-products/mutual-funds/fbn-money-market-fund

Bros respect... I have actually been following your posts for over a year now and I must say you know your onions.

masonkz:
Please how has your experience with ARM been?

And I guess the standing order thingy is good for investments like these. Do banks charge for standing orders?

There is usually no bank charge for the direct debit but some banks charge a one time fee of #105 to set it up then going forward no charge. Am actually one of their relationship manager. For more information you can send me an email at kelvin.chiejine@arm.com.ng or call on 09031599840, 08121198293.

obiak4:
mutual funds are worst bro hidden charges,if you are going for it make sure you understand everything about it else you could just be investing for the ''house''

Bro please can you educate me on the hidden charges? Cos the last time I checked yields on mutual funds is actually tax free and there are no bank charges. Even though I work with ARM I still have investments with stanbic ibtc and first bank capital, and no regrets yet. Am even better of than my friends that bought 07-10-2015-91 Day T.bills at 10%

Adesiji77:
Mutual funds may be the way to go now...

Cc: Seun, lalasticlala

Exactly... The rate on money market mutual funds keeps gaining momentum. The average rate for the past one week has been above 13.5%. Am actually with ARM, thats how I knew.

This judgment is simply out of place. If the 2010 electoral act is anything to go by. I think PDP have a good case.

Terrible

Alright

Son

Hmmmmm

Financial advisory role to both existing and prospective investors. You also have to market the company's products; from pensions, to mutual funds, to insurance.

Interested applicants should come for the aptitude test tomorrow at the illupeju office (68c Coker road by town planning. Illupeju.) Applicants should also come along with their Cv.

Kelvin
Kelvin.chiejine@arm.com.ng
08121198293

Lolzzz... My guy don't bet on it. Nysc never pays two months alawi same time. They pay the second alawi after about a week.

He should go to court...

sameer1212:
Mr man Go and kill yourself By the way, your face look ugly and scary.

You just committed a FALACY. You should have countered his argument and not go against his person. He didn't insult anybody with his post. So, why heap insult on him.

Wow

Simply put... Amazing!

There are times we are powerless to injustice. But, there should never be a time we fail to protest.... ANONYMOUS.

Nice

Bro I can feel your pain... Buh don't feel too bad. God is still on the throne. He will surely bless your hustle.

harristo:
So what this is trying to prove is that, the government now spending about N575.6m daily on subsidy as oppose to spending N2.06bn daily in June 11 is due to the change in crude oil price.

But something tells me it is due to the reduction of corruption in the system.

Kai... Na Amadioha dey tell you abi na Sango? You were given an empirical evidence of what brought about the decline buh instead, you chose to insinuate theories you can't substantiate. Nigerians and propaganda.

damton:
. Did you refer to that as bright side. Losing your life abruptly to the operations of terrorist and evil men is brightside. perhaps you have another dimension to it.

I believe he took a cue from apostle Paul's teachings. Who made bold to declare that "to live is Christ and to die is gain". (Philippians 1:21).

Jesusloveyou:
and ur clueless corrupt hero that fail to probe d father of corruption is d grandmaster of corruption

When I say Obj is the father of corruption am not just talking based on his civilian administration. Obj is the reason why we are where we are. The election that brought in Shagari's government which is known as one of the most corrupt, was rigged by Obj to favour Shagari at the expense of the great Awolowo who was a visionary leader, and not forgetting the operation feed the nation that he diverted. Please for your information GEJ is not my hero. I don't take sides with politicians. Buh as a good student of history i cant allow myself to be swayed by the propaganda of the current govt. God bless Fela, Soyinka and co for speaking out against the evil manipulations of Obj.

dipopoo:
haba I thought as much.
They are carrying out routine equipment checking everywhere kuje & nyanya inclusive.

. On point