₦airaland Forum

“We are borrowing more money today at a higher interest rate while leaving the heavy debt burden for our children and grandchildren. In one year of the administration of President Jonathan, Nigeria’s debt profile has risen by N1.21tn, and if left unchecked, would result into hardship for Nigerians". - CBN Governor

Methinks all the political distractions unnecessarily heating up the polity are deliberately orchestrated by the presidency to divert our attention from the real issues. We will all wake up one morning to realize that this country has been sold. The sale is still on. Going, going .....

Let's do the needful in 2015!

If truly all Catholics and the Pope will die in "hell", then I prefer to die with the Pope and all Catholics saints in hell. The Catholic Church has done more for humanity than all the jet-setting Pentecostal churches put together.

I just received a call from a friend who works in Yobe that unconfirmed Reports just coming in now have it that Boko haram this morning attacked Maiduguri international airport and set ablaze two planes. Troops of 7 Division were said to be in a heavy gun fight with the terrorists as they retreat outside the airport.

Edited

By Ndahi Marama

Suspected Boko Haram terrorists, Monday morning, attacked the Composite Group Air force Base and other places in Maiduguri, the Borno state capital.

The siege which started at about 3am shook the town as sporadic gunshots and other Rocket Propelled Grenade Launchers fire were heard, with ensuing airstrikes in Maiduguri and Jere metropolis till 8 am.

Sources said during the attacks on the Air force Base and other targets, including the Maiduguri International Airport, several people were killed as the terrorists, numbering over 300 planted explosives in targeted areas in the state capital.
*Boko haram

*Boko haram

Also attacked are, the newly constructed trailer park, along Damaturu- Maiduguri road, military check points, residential and public buildings, which according to the source led to high casulities among the terrorists and security agencies.

An eye witness who resides in Gomari airport area, just few metres away to the Air force Base said, ” I saw 5 military operational vehicles conveying dead bodies to the hospital at about 6am, the dead bodies were suspected to be security agents killed during the attack”.

It was also gathered that, over a hundred terrorists were killed by military airstrikes in the counter offensive.

http://www.vanguardngr.com/2013/12/scores-killed-boko-haram-attacks-air-force-base-maiduguri/

Nicholas II was the last Tsar/Czar of Russia before he was gruesomely executed along with members of his immediate family on 17th July 1918 by the Bolshevik forces.At the time of his death his net worth was $900 million, which is the inflation adjusted equivalent to $300 billion in 2013 dollars, thus making him one of the richest monarchs in human history.

What were the sources of his gargantuan wealth?

holysmoke: Op I've enjoyed this thread. I get the impression that your knowledge of your country is higher than that of the average Russian.

I'd like to ask, are you familiar with the works of Alexander Solthzenitsyn (pardon me, not sure if I got the spelling right). He was a distinguished Russian scholar. In the hey days of communism as a child he remembered listening to his parents,grandparents & others sitting down discussing in hushed tones. They asked themselves," why is the government so cruel, why do they punish their citizens, why, why, why..." You know what the answer was at the end of every one of such deliberations? It was the same and it went thus... " It is because we have forgotten God".

You see,folks in your country who were old enough then and had experienced genuine religion earlier on in life witnessed the change that occurred in your country and could testify that Godlessness had made a mess of the social fabric of your country.

You may not understand what I'm telling you now if you're an atheist/agnostic with no familial religious bent, but do try to check it out.
The bottom line is Russia needs God in the person of His.son Jesus Christ, and dearly too... (well who doesn't).

As an aside, I commend your society for resisting the Western European onslaught of liberalism, gay rights and all the other nonsense. You must not relent in your efforts.

Finally are you people scared of the rising wave of Islam. Are you aware of the mohammedian agenda to take over the world? It's a good thing your immigration policy has not been favourable to the Islamization of your country. Now with England gradually caving in to Islam, France tottering on the edge and the rest of Western Europe in peril , are your people afraid? How much longer do you think you can hold out? Because the truth is with the way things are going now, unless something gives, much of Europe will be conquered in less than 2 generations.

Alexander Solzhenitsyn gave the world,the word GULAG which he coined in his novel,GULAG ARCHIPELAGO which earned the 1970 Nobel Prize in Literature.

Religion is man made.Consequently,no religion is superior to another.Russia does not need the acceptance of a mythical figure to be a world power!

On two occasions, Amodu was prevented from taking the Eagles to the Word Cup in Japan/Korea 2002 and South Africa 2010.

“It cast a permanent sore in my heart till this moment and I won’t forgive those behind it,” Amodu told The Guardian. “Government will continue to blame itself for being so wicked to me. Instead of showing appreciation, they tagged me a failure despite qualifying Nigeria for the World Cup on two occasions.

“And till this moment, no one has come out to say what they did was wrong. That is wickedness at the highest level. My only consolation is the fact that some right thinking Nigerians still remember me for the good things I did for this nation. God will continue to bless them. I also thank you for your previous write up and this interview (referring to The Guardian).”

http://www.ngrguardiannews.com/index.php/home-sp-955664465/139093-shaibu-amodu-all-round-schoolboy-athlete-an-unsung-hero-of-nigerian-football

The South-West press phenomenon is like the Kaduna mafia. Like a phantom, it exists and at the same time it doesn’t exist. That the media in Nigeria is fractured and flawed is not in question. But the majority of the South-West media is owned by people from the minority ethnic groups. By the way, Igbo people own enough newspapers in the South-West axis that, if what is going on is an ethnic war to expose corrupt practices of government officials from other ethnic groups, the Igbo have the means to get into the game.

Of course, that is not what is happening. But should that be, Nigeria would be the beneficiary if all corrupt elements are exposed.
The engine driving the Stella Oduah’s story does not come from the South-West press. Saharareporters broke the story. And Saharareporters and Premium Times have kept the heat on. The South-West press is reluctantly following along. Saharareporters and Premium Times are not owned by Yoruba people.

Online, the Igbo own more news websites than any other ethnic group. So nothing stops them from exposing the corrupt practices of other government officials. And you can be sure that once the evidence is out, the South-West press will join in to lynch the suspect.

Men, listen up, its high time we sorted this thing out, i mean how can a man wake up one morning to discover he is not biological father of the children he claims to be his. Unimaginable to say the least but this is becoming a common occurrence and i think its time to have good, long talk with your wife to avoid Odartey experience.

Ezeigbouche.com can confirm that after over 20 years of marriage, former Ghana International football star, Nii Ordartey Lamptey, has just discovered shockingly, that all 3 children he has fathered with his wife are not his biological children. The ex-footballer suspected the wife of infidelity and asked for a DNA test on all the children only to discover that he is not the biological father of all the three children.

According to reports, the woman known as Gloria is now claiming that the man is infertile, and that it was her husband who suggested for an artificial insemination. The former Anderlecht and Aston Villa star has reportedly filed for a divorce from his wife who he claims has deceived him all these years.

According to reports, Nii Odartey Lamptey has suspected his wife of infidelity for several years but decided to stay in the marriage out of love and the chain of businesses they own together.

A source close to the former Ghana star revealed that Nii Odartey Lamptey has on several occasions ‘fought’ with her wife to make her change her cheating ways.

http://ezeigbouche.com/2013/11/29/shocking-ex-footballer-odartey-lamptey-discovers-3-kids-with-wife-not-his/

A pupil from Osun State leads other girls in the harvest of laurels at this year’s West African Examination Council awards, CHARLES ABAH writes

Seventeen-year-old Folafoluwa Oginni has emerged the overall best pupil in the May/June 2012 West African Senior School Certificate Examination. She led two other girls to lift the prestigious West African Examinations Council National Distinction/Merit awards.

The Council honoured them during its Nigeria National Committee 51st Annual General Meeting held in Owerri, Imo State on Thursday.

Oginni scored Grade 1 in all her eight subjects, including English Language and Mathematics.

By the feat, the Osogbo, Osun State-born lad has become the current holder of WAEC’s national distinction/merit award. The Council instituted the award in 1984 to encourage academic excellence.

Oginni, who attended Our Lady and St. Francis Catholic College, Isale-aro, Osogbo, with examination number 4303013/087, also had Grade 1 in Economics, Government, Literature-in-English, Biology, Christian Religious Knowledge and Yoruba Language. She has a cumulative score of 653.9318.

Born on December 13, 1995, she attended Folorunsho Memorial Nursery and Primary School, Oyan, Odo-Otin Local Government Area between 1999 and 2000 as well as St. Clare’s Nursery and Primary School, Isale-aro, Osogbo between 2001 and 2006.

With two books -The Joy and Agony of Reaping (2005) and the Despised Corner Piece (2008) – already to her credit, the youngster in 2009 came first in the Junior Category of International Digest Competition entitled “Raising IT champions for 2020.”

She also took the first position in the Caremi Essay Competition to mark the 2010 World Mental Health Day.

The young lad, whose feat has made OSCCO to become the 2012 winner of the Omo N’Oba Erediauwa trophy for producing the best female WASSCE candidate, won the second position in the junior category of the NAFDAC Consumer Safety Club Schools Competition in 2009.

She also came second in the competition in 2011 at the SSS category as well as third in the senior category of the International Digest 2010 contest.

Oginni is at present studying Law at the Obafemi Awolowo University, Ile-Ife.

On the Council’s second placed National Distinction/Merit award chart is 18-year-old, Oluwakemi Olalude.

Olalude, who garnered a cumulative score point of 649.3797, also obtained Grade 1 in all her eight subjects.

The Loyola Jesuit College, Abuja pupil with examination number 4020617/114, scored Grade 1 in English Language, Mathematics, Physics, Chemistry, Biology, Geography, Agricultural Science and the Christian Religious Knowledge.

She had her primary education at Plateau Private School, Jos between 1998 and 2006.

Hitherto, she emerged the LJC’s overall best graduating pupil for the 2005/2006 academic session, carting away prizes in French Language, Social Studies, Mathematics, Music and Vocational Aptitude.

All through her stay at LJC, she was on the college Honours Rolls having maintained an average of above 85 per cent in her subjects. She also won the LJC’s academic award for the best graduating female student of 2012 set.

The youngster, who represented LJC in the 2009 Mathematics Olympiad Competition while in Junior Secondary School Three, scored 11 distinctions and one credit in the Junior Secondary Certificate Examination in the same year.

Currently studying Medicine and Surgery at the University of Ibadan, the youngster born on May 8, 1995 had also emerged the best in a Mathematics competition organised by the Nigerian-Turkish International College for states in Plateau, Nasarawa and Taraba.

The third placed position went to Anambra State-born Chinelo Ibekwe. She also obtained Grade 1 in eight subjects, scoring a cumulative point of 647.9675.

She had her pre-primary and primary education at Home Science Primary School, and St. Saviours British Primary School, all in Ikoyi, Lagos, respectively.

Ibekwe, who attended Louisville Girls High School, Ijebu-Itele, Ogun State, scored Grade 1 in English Language, Mathematics, Further Mathematics, Physics, Chemistry, Biology, Geography and Agricultural Science.

Born on April 17, 1996, the Nimo, Anambra State pupil in 2009 emerged the second best JSCE candidate with 11A’s and 1C. She also obtained the third best International General Certificate of Secondary Education result in2012, scoring four stars and 2A’s.

The youngster, who received an award in 2012 for being a voluntary student tutor, again in 2011 and 2012 got an award for outstanding achievement in the American Mathematics contest.

She is at present studying Chemical Engineering at the University of Mississippi, United States.

To be considered for the 29-year-old distinction award, a candidate must obtain Grade 1 in at least seven subjects, including English Language, Mathematics, one of Physics, Chemistry and Biology, and one subject from any of the three sub-categories of core subjects.

In addition, the candidate must obtain a minimum of Grade 6 in at least one subject from each of the core subject sub-categories.

Candidates are considered under the Merit awards only if enough participants do not qualify for the distinction awards. The eligibility criteria for the Merit awards are the same as those of Distinction awards, except that a candidate must obtain a grade not lower than 2 in English Language.

The results of candidates eligible for an award should have been obtained at the first attempt and at the same sitting. The grades would also have been obtained without any hint of impropriety.

The first National Distinction/Merit awards were presented in Abeokuta, Ogun State in 1985 to the winners in the Nov/Dec. 1984 SC/GCE, with Abdulkadir Sarki-Abba, a pupil of Government Science School, Dawakin-Tofa, Kano State receiving the excellence award.

Since the first presentation, findings by our correspondent showed that pupils from Queen’s College, Yaba, Lagos, have won the prestigious award 10 times. By this accomplishment, the school has become the highest-winning institution as well as the highest recipient of the Oba Erediauwa trophy for presenting the best female candidates.

Suleja Academy, Suleja is the second highest-winning institution, picking the prize four times in 1992, 1994, 1997 and 2009, while International School, Ibadan, Oyo State has won it three times in 1987, 2000 and 2004.

Meanwhile, Queen’s College, Yaba has also won the Council’s Augustus Oyediran prize six times, while Loyola Jesuit College, Wuse, Abuja has won it five times in 2002, 2003, 2004, 2005 and 2008.

Suleja Academy, Niger State has won it four times in 1992, 1994, 1996 and 1997.

The Oyediran trophy is given to the school that has the best aggregate determined on the results of its best 50 candidates in English Language, Mathematics and one science subject.

Result details

Oginni

English Language 1

Mathematics 1

Biology 1

Economics 1

Literature in English 1

Government 1

Christian Religious Knowlegde 1

Yoruba Language 1

Olalude

English Language 1

Mathematics 1

Biology 1

Chemistry 1

Physics 1

Geography 1

Christian Religious Knowlegde 1

Agricultural Science 1

Ibekwe

English Language 1

Mathematics 1

Biology 1

Chemistry 1

Physics 1

Geography 1

Further Mathematics 1

Agricultural Science 1

http://www.punchng.com/education/female-pupils-sweep-laurels-at-waec-awards/

I dumped Union bank over a year ago for a fulfilling endeavour.

ASUU + RESUMPTION = GOODLUCK
ASUU + STRIKE = PATIENCE

Apology or no apology,Yes, Adams purports to offer an apology while responding to a group that paid him a courtesy call. That is a political apology, not heart felt. If he really meant to apologise, he should be humble enough to look for the woman and apologise or direct his media aides to write a statement apologizing for this faux pas. I hitherto held Adams in high esteem but the man "don fall my hand" with this outburst. If we once criticised GEJ for saying " l don't give a damn", then Adams too must be lampooned for this ugly conduct, his political apology notwithstanding.

lol

All the best in your search

As FG threatens mass sack of lecturers, if strike isn't called off,
here are our new lecturers:Nysom Wike may begin to lecture
Political Science,Goodluck Jonathan to teach Zoology;Anyim Pius Anyim, Local Govt Studies;Patience Jonathan, Biology/Maths;Ngozi Okonjo-Iweala to take Economics;Sanusi Lamido Sanusi,Accounting;Julius Okojie(NUC), Educational Administration/ Management;Reuben Abati, Mass Communications;Deizani Alison-Mudueke, Chemical Engineering/ Petroleum Studies,Stella Odua, Transport Studies,David Mark, Military Studies,Labaran Maku, Public Administration... Let the list continue.Meanwhile, who among the government functionaries would take English? I would have suggested Dimeji Bankole but he's on political exile. If these people don't do the lecturing, who will?

StanbicIbtc Stockbrokers Limited.I can vouch for their professionalism and excellent customer service.I was an ex-staff.As someone earlier pointed out,the initial capital outlay of five(5) million naira is the limiting factor.It was ten(10) million naira before it was slashed.

Let the committee complete its job before you start criticising.

Let someone inform BRF that sucking of bosoms greatly reduce the incidence of bosom cancer.

Today is a great day for Nigeria and womanhood as our mother, Chief Mrs. Hannah Idowu Dideolu Awolowo, the Yeye Odua and ‘jewel of inestimable value’ celebrates her 98th birthday. I want to warmly on behalf of myself, my family and all Nigerians wish our mother a most glorious birthday anniversary. Mama, you have inspired millions of people around the world. Your sterling qualities of honesty and dedication have been qualities that womanhood will be proud of. To me, the service and greatness Chief Obafemi Awolowo left as great legacies was made possible by the dedicated partnership that you offered. Mama, I wish you many more years of great leadership and service to Nigeria. Happy birthday mama! May the Lord Almighty bless you for us. GEJ

https://www.facebook.com/jonathangoodluck

On her wedding day in 1937.

“Your BIRTH CERTIFICATE is not a CRITICAL RESOURCE in DETERMINING MARRIAGE but RATHER your CAPACITY to take the RESPONSIBILITY INHERENT”.

The comical, yet serious paradox of our time is that people who are married are desperate to become singles and singles are desperate to become married. In a society like ours, starting from age 25, well meaning individuals around us begin to hint subtly or directly about marriage . The matter begins to assume an unusual proportion in their questions and counsel to us.

We know how powerless singles, especially those within “marriageable age” can be against such barrage because society has empowered this seemingly well-meaning individuals to pressure singles to hook a man or woman up desperately. Failure to achieve a relationship as at when considered due is viewed as a deficiency in the quality of your existence. You are considered incomplete and only a man or woman will fill up the void. Some even begin to think its a spiritual problem.

What might not be obvious to you in their scorn, pressures and constant questioning is that they are not concerned about you marrying the right person as they are about you celebrating a wedding event. The means is not important but the end. Your knowledge, character, quality of thinking, readiness and skills to succeed in marriage is not their focus but your change in marital status.

In our society, the decision to marry is considered a critical part of a developmental cycle that looks like this – you are born, next you go to school, get a certificate of some sort that society can recognize, get a job, MARRY, have children, pay bills for a very long time and die. It therefore suggests a case of developmental malfunction and a misfortune if you don’t get married when society thinks you should.

There is an assertive ignorance in our society that considers your getting married as a debt that must be paid. If anything should become a compulsive and critical action to take (as marriage is suggested), then it should hold promises for a consistently positive experience. To shatter this myth, a consistently positive experience can not be delivered by an institution(marriage) managed by two imperfect individuals. Therefore it should not be promoted as a do or die experience.

While the foregoing statement could be seen as undermining my fascination for marriage as a noble, demanding yet satisfying responsibility, I must point out that its great value can only be sustained by a certain kind of education and mastery. It’s a good thing but not a precursor to meaning or purpose at any level. What I mean to say is that an unmarried state in not an indication of a lesser being, and individuals in this state can have as much quality of life as anybody on earth.

Singles, if someone is running away from a house you are desperate to get into, should that not create a sense of caution about how you evaluate or judge that house. That is the caution I think you should exercise in your evaluation of marriage and marital choices. There is a reality about marriage that should thoughtfully calm and slow down every zeal to enter it.

You need a reality that will help put things in perspective enough to secure the great and positive experience marriage is designed to deliver. A faulty perspective on the other hand will create wrong realities that can lead to your own desperation to get out of marriage down the line.

If marriage is the definition of bliss, then everybody married should be happy and those singles should be miserable. And obviously, this is not the case as there are countless who are married and frustrated as there are many who are single and fulfilled. Also there are people who are married and fulfilled as there are many who are single and frustrated.

This brings us to a misplaced evaluation of age as a critical factor for marriage. There are 60 year old men messing up as there are 25 year old boys directing the affairs of huge global corporations. Marriage is about how responsible, knowledgeable and matured you are. And age is not guarantee of the aforementioned.

Most people have settled down because their birth certificate said they should, while they have let down their potential or let up their effectiveness in life. For them, age is presumed to aid maturity but in reality no one is old enough for any level of responsibility. You can only be knowledgeable, ready and matured enough for it. Marriage and parenting are skills and they are not developed by osmosis. They must be learned.

My question to you is this: Is your decision for marriage informed by an helicopter view of the responsibilities inherent and the impact of marriage on your peace and that of the other person? Or is it based on your birth certificate. If you can’t answer positively, please help reduce the statistics of broken homes and broken lives created by irresponsible and unwitting adults at such crucial decision-making phase.

It is wiser not to create pain and unhappiness for yourself and your unborn children by acquiring the knowledge, skill and maturity needed to sustain a marriage. Society can get you to make a decision but society is not responsible for the outcome or consequences of your decision. THIS IS YOUR LIFE!

http://olakunlesoriyanblog.com/2013/11/21/who-gave-you-the-time-table-for-marriage-society-or-your-own-preparation/

...Details of insider stealing, forgery, diversion of funds

MANY Nigerians are getting apprehensive at the rate bankers who ordinarily are supposed to be custodians of customer's funds have turned into pilferers engaging in fraudulent activities from stealing from customers to colluding with criminal elements to divulge confidential information. This development according to a source at the Central Bank is giving top officials of the apex bank sleepless nights due to its damaging impact on customer confidence.


It could be recalled that last week three employees of Zenith Bank Plc at the banks Ajose Adeogun street, headquarters in Victoria Island, Lagos were whisked away by men of the Special Anti Robbery Squad (SARS), Ikeja, Lagos for their alleged involvement in a $2m fraud. There have been similar cases involving employees of other banks in recent times. However, the scope of what allegedly took place at Stanbic IBTC has left even the law enforcement agencies investigating the matter speechless.
According to a Police Investigation Report a copy of which National Daily sighted, Lonestar Drilling Nigeria Limited in a petition to the Police dated 11th March 2013 alleged that there were unauthorized withdrawals from two of its accounts at the Stanbic IBTC Bank at Walter Carrington Crescent, Victoria Island, Lagos.
According to the petition, about N40,903,764.36 (Forty Million, Nine Hundred and Three Thousand, Seven Hundred and Sixty Four Naira, Thirty Six Kobo) and $547,881,26USD (Five Hundred and Forty Seven Thousand, Eight Hundred and Eighty one Dollars, Twenty Six cents) were fraudulently withdrawn from their accounts managed by one Olalekan Kuti. The said petition also noted that results from an internal audit by the company revealed that the said Mr Kuti in connivance with some employees of Lonestar Drilling have been making unauthorized withdrawals from the said accounts under the false pretence of payment of staff salaries without a monthly mandatory payment advice; from the accounts departments.
Trouble started when the company discovered cases of diversion of funds, stealing and outright sabortage from some of its directors and it went ahead to suspend them from its management. The directors however colluded with Stanbic IBTC to defraud the company the more and sell off some of its properties at rock bottom prices.
During the course of Police investigation it was discovered that the founder of Lonestar Drilling Chief Humphrey Idisi was purported to have taken a loan facility of $200 million from Stanbic IBTC Bank for the acquisition of two rigs, but after the death of Chief Idisi in 2009, Stanbic IBTC started diverting all proceeds from the company to its own use. Mr Lovette Idisi, son of the founder of the company claimed in his deposition that the company makes about $240,000USD (Two Hundred and Forty Thousand dollars) daily from its two operational oil rigs and that an internal audit indicted some members of the company's management to fraudulently make withdrawals and divert funds from the company.
The petitioner also alleged that since 2009, Stanbic IBTC have refused to disclose how much they have deducted from the oil rigs, moreso, that the Bank colluded with some directors of the company to start selling off some of the properties of the company at below market prices to themselves and their cronies. He gave an example of a new ocean going vessel MV Kinklock acquired by Lonestar Drilling at the sum of N200 million but was sold off by the Bank at a paltry N10 million without the consent of the management of the company. Also the bank sold two heavy duty generators bought at N100 million each but were sold for N50 million each.
Chief Mrs Margareth Idisi, the Chairperson of Lonestar Drilling and widow of the founder of the company maintained that the loan purported to have been entered by her husband was fraudulent as her husband was not in the right physical frame to have signed any document as at the time in question and that she was with her husband at his hospital bed throughout that period. She alleged that Mr Oladele Kuti should be held responsible for the fraud. She said that as soon as it was discovered that there has been several fraudulent activities in the company, she sacked the management, but that those sacked colluded with the Bank to draw their salaries from the Bank without consulting her.
The Police however confirmed that Mr Oladele Kuti confessed to having received documents from the Chairperson regarding the changes in the management of the company but that the Bank refused to honour it because there was no board resolution removing the former directors as at the time the letter was sent to the Bank. He equally confessed bringing it to the notice of the Bank's management and legal department and that all decisions he took were in line with instructions from the Bank's management.
Further investigations also show that the said Oladele Kuti lives far beyond his means as he has properties far beyond what his job could provide.
For example, he has two foreign accounts with Barclays Bank and CitiBank respectively and that he also has two oil companies, a 3 bedroom flat at UPDC Estate Lekki,6 Bedroom apartment Ikorodu,6 plots of land at Olambe, Ogun State,6 plots of land at Mowe, a mortgaged property in London, Frank Enterprises, and Caleb Chroster Limited. Also during investigation, he could not explain what happened to about $15 million US Dollars which is part of the $25 million dollar loan purportedly signed by Chief Idisi.
The Police report which reads like an indictment on the Bank shows that Stanbic IBTC failed to produce all the loan agreements as requested by the management of Lonestar Drilling Nigeria Limited. The Police also established that here were abundant evidence of fraudulent withdrawal of funds as contained in the audit report from the company. And that the termination took place due to the frauds uncovered at the company. The Police also noted that the purported $25 million loan said to have been signed by the late Chief Idisi was a fraud as handwriting experts have discovered several discrepancies between the real signature and the forged one. Moreso, that Chief Idisi was sick in the United States as at that time and his wife and those attending to him could not recollect him ever signing any document even though he was not disposed to hold a pen due to the state of his health.
Stanbic IBTC was also unable to explain how the 2009 loan extension of $250,000,000 USD was disbursed as no document on that was produced. The Police equally discovered that Mr Oladele Kuti's account with GT Bank showed all the fraudulent transfers from Lonestar Drilling's account to his personal account, and that throughout that period he transferred the sum of N14,310,000.00 (Fourteen Million, three hundred and ten thousand naira) from Lonestar Drilling's account to his personal account. The Police was shocked to find that upon all fraudulent transactions the Bank made a direct debt of $300,000 into the account on July 26th 2010,in benefit of Cammpro Limited with no supporting document for the payment. Equally shocking was that $40,697,50 was made in favour of Stanbic IBTC and Rs Platou was debited directly into the account of Lonestar by the Bank without the consent of the company. This is in addition to the $1,000,000 deducted directly from the company's account on 31 January 2011 by Stanbic IBTC without approval as there was no bank payment advice raised by the company to reflect the deduction of the said money.
It was in view of these very weighty evidences that the Police suggested that the suspects be arraigned in court because according to the Police, there were sufficient evidence for prosecution. To this end Mr. Oladele Kuti (Account Officer), Head of Oil and Gas Unit of Stanbic IBTC, Mr. Luqman Agboola, a staff of Diamond Bank Plc, Francis Atoju, MD/CEO of Vantage Management consultant and Engr Frances Anene, Former MD/CEO of Lonestars Drilling Nigeria Ltd and others still at large were charged to court on a Nine count charges of conspiracy to commit felony and money laundering.
However, this newspaper made efforts to contact Stanbic IBTC to hear its side of the story, Barene Beard the officer contacted asked us to speak with Nkiru Olumide-Ojo who forwarded to us a prepared statement from the bank on the issue which reads thus: “Thank you for your enquiry regarding the Lonestar Drilling Nigeria Ltd vs 8 others, including Stanbic IBTC. As you are aware, there is a case on this matter in the Federal High Court, Port-Harcourt and this precludes us from commenting on this matter. We would like to state however that Stanbic IBTC is a responsible corporate citizen, with confidence in the nation's legal process, which will show when concluded; that we acted appropriately in this matter.”
However, observers are quick to note that Mr Oladele Kuti may be the fall guy for his superiors at Stanbic IBTC who were in the full know of the whole fraudulent activities and they not only gave their go ahead but also approved some of the criminal acts perpetrated by their officer with their knowledge.

http://nationaldailyng.com/latest/stanbic-ibtc-in-multi-billion-naira-scam

Before this era,great footballers who never played at the World cup:

George Weah,Abedi Pele,Anthony Yeboah,Eric Cantona,Ryan Giggs,Dwight Yorke,David Ginola.........................

From Sheppotamus

Gold plated Water closet for shitting.

One of the problems of using GDP to measure the health of the economy is that you can have a situation in a country where some individuals can have an unfair proportion of the output of the country. It is even more problematic when what they get is significantly disproportional to their input as a situation where you have people who have a lot of money without having a business that is creating wealth or employment. That kind of economy is likely to create a lot of social crises and tensions. Why? If you have no jobs being created as a result of growth, which is what we have in Nigeria now, the so-called jobless growth economy, the tendency that you will have many people who will become militants, insurgents and many people who will take to a lot of crime – obviously, when you have that kind of situation, we can also say that you don’t have development. The most meaningful development is the one that creates a lot of middle class. There might be a few people outstandingly rich and a few people very poor, but most people will generally be middle class people who can live decent quality of life, send their children to good schools, have the means of going to and fro places that are essential, and have their homes. A situation where a few people get very wealthy can be broken into two: a few people getting wealthy with production, as was in the case with Brazil, and a few people getting wealth with very little production where national revenue is mainly extracted as rent or stolen by the way of corruption, as is the case in Nigeria. So the use of GDP as the basis for evaluating economic growth has limited value in terms of issues that are before us.

BTW TINUBU AND NGIGE

Tinubu:-- Chris. Chris. Chris, how many times I call U?

Ngige:- Asiwaju, good evening baba.

Tinubu: - don't good evening me, what is a good about the evening? U didn't efen carry 2nd. 3rd loun loun--- haaaa Ngigeeee

Ngige:- Asiwaju, emm emm--biko'nu, U know this boy Peter, he really use incumbency power o, even for my vvv--

Tinubu:- Shut up'u. Shut up. Which incumbency?-- I gave U 35bil. 35billionnnn Chris-- o ya were ni? Are U a mad ni?

Ngige:- Asiwaju, nooooo, na 25bil

Tinubu--- koni da fun'e. Chris e no go beta for U -----Fashola- 5bil, Fayemi-3bil, Aregbesola-3bil, Adams- 5bil, Amosun- 3bil. Ajimobi- 3bil. Buhari and co- 3bil
How much is that? U think Asiwaju Private Company get money to dey waste?

Chris:- but Asiwaju that na 25bil na

Tinubu;- haaa-- oloshi, according to APC arithmetic, that is 35bil.
Chris, U are useless o-- we gave U 180 mercenaries, 100,000 fake voters card, 300 election observer's card. Plus 35bil-- yet U carry 3rd-- haa-- U are uselesss

Chris: "stammering"-- U know they arrested the boys na. And , Asiwaju, its 25bil o

Tinubu;- shut up'u-- shut'upp--- see Chris, let me just tell U , wetin Ubah use ur eye see that time na small, if U don't return our money, wa'gbaa-- U will know say, I Jagaban no dey play with money. 35billionuuu--
U kuku know how to do juju well well, so beta go do the juju and refund our money, if nottt

Ngige;- but Asiwaju, we are going to court na, we will reject the result, I have plans

Tinubu;-- Ori mi'o-- Chris, U are still talking of court, U wey carry 3rd, wetin make Nwoye do? U are completely mad- o ti ya were pata-pata-- who will finance the case.? Idiot, I say are useless

Ngige; - baba no do like that na, but I'm still useful o, when Oga Buhari become president, I can be minister of Finance, so U can have access to the em emm national cake

Tinubu-- haa, now I know U are mad, in fact U are crazy, oloshiii-- so U think say Buhari or any of this aboki go become president, U are a Learner--mtcheww

Ngige;- but- U are-----

Tinubu:- shut up, U are what? They are my bargaining maga-- when time reach, I will dump them as I dump Ribadu in 2011-- U dey craze? U no know politics?
Why am I even talking to U? See me in Bourdillon. Noww
#hangs fone

Ngige:-- Asiwaju, Asiwaju-- hello, hello--
Mtchewww--- this man na agbero'oo-- chei-- he too like gragra--
Make I call Rochas jare, all this Yoruba people sef..


Phone Converstaion between Fashola and Ngige*******

Ngige:- *in sober mood--- picks his fone- calls Fashola*
***
Fashola:- haa,, hello Chief Chris Ngi-

Ngige:- *cuts him short*-- Nna, hol am there-- mechunu--- o'boy, U see wetin ur gragra don cost me, nna U see urself?
U go dey deport my people comot for ur state. U dis onyiara- onyioshi-- onyiberiberi

Fashola-- chief, what's wrong? Relax, there are systematic Judicial legal processes we can embark on to help reclaim your stolen mandate, you know I'm a SAN, I will personally---

Ngige:- *cuts him short* Nna, Mechunuuu--- Nna, U dey craze? Na only U go school? U know law na hin U deport Nigerians for Nigeria? Becos I no talk that time?

Fashola:- but Chief, I apologized, it was all over the news, they even--

Ngige:- Sharappp there-- U this isiewu, U this arrogant bombastic agronomical eccentric bacteria nomenclature

Fashola:- but chief, U can just call me on my phone and insult me, I gave U 5bil for your campaign moreover I am Gov Babatunde Raji Fasola (SAN) senior advocate of--

Nigige:- sharappp--- Senior Advocate of Nonsense-- yes-- U-- Chineke. Why una APC dey like this na? Whyyy?

Fashola:- o'boy- no do gragra 4 me o, becos I dey talk grammar, I be isale eko boy o,- wetin na? Afterall, dem say U no move 1 motion since U enta senate-- say U be-

Ngige:-- cheiiii---- so U dey insult me bah? Me, Ngigi, the obolopalo of Okija shrine, wen I 1st chop gov U be ordinary chief of--

Phone goes off--

Ngige:-- Fashola, hello, hello, Raji-- cheiii--- I don sufferrrr--- this Yoruba people af finish me-

Jimoh Ibrahim arrested for this. Jimoh Ibrahim arrested for that. But he never gets prosecuted.

PRESS RELEASE: APC calls for total cancellation of Anambra Governorship Election - by: Lai Mohammed

The All Progressives Congress (APC) has demanded a total cancellation of Saturday's governorship election in Anambra State based on the massive disenfranchisement of people across the state, caused by the blatant incompetent and/or deliberate sabotage by the electoral commission itself.

In a statement issued in Lagos on Sunday by its Interim National Publicity Secretary, Alhaji Lai Mohammed,the party said the call for total cancellation supersedes its early call for a rerun in four local government areas,and is based on the report it received from its agents as well as from local and foreign observers during the poll.

It said that INEC, which was saddled with organizing the election, inexplicably used a voters' register that is totally different from what it gave to political parties ahead of the election, with the result that the new register did not contain the names of most of the registered voters in the state.

Worse still, APC said, delivery of materials to the stongholds of the APC candidate, Senator Chris Ngige, was either done very late or not at all, a development that further robbed over 300,000 of his supporters in three key local governments of Idemili North, Idemili South and Awka South of their franchise.

''After consultations with our agents as well as with local and foreign observers, we have discovered that what we earlier
complained about was a child's play, compared to the widespread disenfranchisement that was orchestrated by the same
body given the responsibility of ensuring a free, fair and creditable election on Saturday.

''We discovered that INEC has set up a multi-layer arrangement to ensure that most voters in the state were disenfranchised,
apparently acting out a script to manipulate the result of the election in favour of a certain candidate. Where voting materials
were supplied, the commission provided wrong voters' register.

''Coming after the charade in Delta, this is a serious development that raises questions about the ability of INEC to conduct a free, fair and transparent elections anywhere in Nigeria. It is particularly serious because if people who registered to vote are not able to do so, and even the votes of those who managed to cast them do not count, then anarchy is looming,'' the party said.

It called for a probe of INEC to determine why it has taken it upon itself to sabotage its own elections, even when people
are determined to endure the orchestrated inconveniences and shun all acts of violence, as was witnessed in Anambra on
Saturday when people waited patiently and peacefully, only to go home in total disappointment.

''This is a new low for INEC, and unless something is done urgently, the electoral commission may plunge Nigeria into a crisis
from which it may not recover,'' APC warned.

Alhaji Lai Mohammed
Interim National Publicity Secretary
All Progressives Congress (APC)
Lagos, Nov. 17th 2013

https://www.facebook.com/nasirelrufai/posts/10153478178015128

A recent system failure at the Nigerian Interbank Settlement System (NIBSS) is said to have disrupted the operations of Stanbic IBTC Plc’s Automated Teller Machines (ATMs), THISDAY has learnt.

Investigations revealed that the glitch occurred when its customers who had withdrawn money from the bank’s ATMS got credit notices or alerts instead of getting debit alerts.

When some of the customers noticed the defective credit notices, they took advantage of the system error and embarked on a withdrawal spree as word spread that Stanbic IBTC ATMs were dispensing cash without customers’ accounts being debited.

But by the time some honest customers, who also encountered the same problem informed the bank, the defective credit alerts had ramped up to the tune of N100 million.

An industry source, who was aware of what happened, said: “To minimise its losses, when Stanbic IBTC got to know about the unfortunate situation it immediately debited customers’ accounts to recover that amounts they had illicitly withdrawn.

“However, NIBSS would have to cover the losses for those customers whose account balances were insufficient to cover the illicit withdrawals they had made.”
He explained that what effectively happened was that those whose accounts have been debited simply spent their own money.

“They constituted the majority of those who tried to pull a fast one on the bank,” he said, adding, “While NIBSS would have to cough up the money for those with insufficient balances in their accounts.”

But the source revealed that it wasn’t only Stanbic IBTC that was affected by the system fault, saying Guaranty Trust Bank (GTBank) and one or two other banks had similar problems, but Stanbic IBTC was the worst hit.

The NIBSS operates the Nigeria Automated Clearing System (NACS), which facilitates the electronic clearing of cheques and other instruments, electronic funds transfer, automated direct credits and automated direct debits.

http://www.thisdaylive.com/articles/stanbic-ibtc-atms-suffer-system-glitch/164011

People react by repeating the "teachings" on the devil, but fact is, when you observe the way he is portrayed, you will see that it is exactly as you say. For example, they tell you the devil is not omnipresent, but they acknowledge him to be active everywhere. You ask them, and they tell you he dashes back and forth. Lie!
They tell you the devil is not omniscient. But they acknowledge him to thwart even the plans in your mind that you have not expressed. You ask them, and they tell you he is old enough to guess.
The devil is somehow able to make things go bad all the time but God seems to be slow in correcting things.

I can conclude strictly based on popular sentiments and perceptions, that the Devil is God's alter ego. That is what the evidence shows if you go by people's portrayals of both and popular sentiments of both.
For example, He is everywhere (just like God), knows everything, (just like God) so you have to pray against him in everything, makes men do what he wants, controls men in every way (unlike God), is present in every situation (like God) for bad, affects all situations (unlike God) negatively, has strength to undo and spoil every plan (like God's omnipotence), is able to kill at will (even when God can't keep those people alive), etc etc.
When I sat down and asked myself, who else can be this all powerful and all pervasive, I could only think of God. Only God has all those attributes and can do all these things. So it is evident that from popular perception, he can only be God's alter ego!