₦airaland Forum

Jarus:
Me? Praised DM? You obviously meant another person. Or are you referring to where I asked you guys to thread softly with him, that he appears to be yielding to our criticisms? Or just because I exchanged mails with him, I have praised him? I told him to his face that I dont agree with him. What more? You want me to curse him abi? Ever read my article: Dele Momodu: Abuse of Columnism?

my apologies if i got it wrong.
kindly provide a link to the article you are referring to.
thanks.

Jarus:
Read thé article over thé weekend, and for thé first time, praised Délé. I enjoyed thé article. Very insightful and factual.

what do you mean by that?
you have always been praising and defending him.
There is nothing written there that others have not said.
talk is cheap. Dele Momodu is not worth listening to.
afterall Segun Adeniyi wrote more illuminating articles.
Where is he today?

this is meant to be a prediction right?
me thinks the man is reading too much TELL and the News magazine.
he is an astute political commentator.

12.09.2009

Those who are in the business of envisioning for Nigeria may need to read the Brazilian story more closely. Barely seven years ago, not a few doubted Brazil’s capacity to eventually emerge as an economic giant. The sceptics pointed to the obvious disabilities that could impede taking a leap by the country: official corruption, high rate of violent crime, a history of political instability, environmental problems and mass poverty. The country has also suffered a number of crises in its economic history. All that was before the former labour leader, Luiz Incacio Lula da Silva, was elected president. Only last month The Economist newspaper described Brazil as the “Latin America’s Big Success Story”. Whenever the “emerging economies” of Brazil, Russia, India and China are referred to with the now famous acronym, BRIC, not many people would raise questions anymore about the B in this shorthand of global economic discourse. It has been projected in some quarters that by 2020s, Brazil could be the world’s fifth-largest economy. The future of Brazil is being painted in the most optimistic colour because it has chosen a proven path to development. The projections about the future are based on the cherry reading of the present socio-economic and political indicators. Contrast this with Nigeria. At about the time Brazil is expected to be the one of the five largest economies trouncing Britain and France, Nigeria is envisioned to be one of the largest 20. With 10 years to the target date the Nigerian economy is still run on generating sets and no one can say with verisimilitude when this disability will be corrected. While Brazil is reputed to have been consistent with the implementation of sound economic policies for about 20 years now, Nigeria has hardly implemented any annual budget satisfactorily in the last 10 years. Perhaps the summation of the lessons from Brazil is that the acknowledged success story of today and the immense promise of the future derive from a well-thought out public policy. There is no running away from the fact that competence in governance is central to any vision of development. This is a function of the government that cannot be performed with privatisation, deregulation, liberalisation and other neo-liberal prescriptions. Those who are envisioning for 2020 should come to terms with the reality that good policy articulation and implementation in economic management is the business of government and not that of any private sector, much less a putative one like Nigeria’s. The evidence of competent implementation of the policies abounds in the Brazilian economy, polity and society. The most glaring piece of evidence is in poverty reduction. According to the United Nations Millennium Development Goals, global poverty should be halved by 2015. As at last year, Brazil was acknowledged to have achieved this goal. The economic story of Brazil is not just about the 5% annual growth rate; it is even more significant about the qualitative transformation in the lives of the poor people especially. The percentage of inequality is dropping within its population of 192 million people. It is not enough to talk about the size of an economy, as policymakers are wont to do here in Nigeria; it is also important to employ workable social policies to rescue those below the poverty level from sinking deeper into the abyss of misery. As you envision growing the economy you must also tackle crippling poverty so that more people could be real participants and actors in the economy of the future. It makes no socio-economic and even political sense that the more you grow the economy the more unequal the society becomes. Brazil has come about its success for which it is being toasted across the ideological spectrum not simply because of its growth rates. The country has invested heavily in human capital development. It has accomplished 97% school- enrolment for children. Those children would stand a chance of benefiting from better jobs with good remuneration in the rosy economy of the future being predicted for Brazil. Even then, it justifiably savours the glory for the present accomplishments. To be sure, Lula has continued with the free market reforms inherited from his predecessor, President Fernado Henrique Cardoso; yet the state under him has also actively intervened in fixing decent minimum wage and raising pensions. Lula has embraced the market as a reality while simultaneously strengthening the role of the state. It may interest our deregulators and other apostles of free market that there have been instances under Lula when the government actually pay stipends to the poor on a massive scale. In Nigeria, the question of social protection is simply answered by ignoring the issue. The most creative formulation that has come from some of our experts and policymakers is that social security is not realistic in our context. They are quick to lecture you on how it does not make economic sense and how it would create social parasites just feeding on the state. Yet, poverty reduction cannot be comprehensively discussed without confronting the question of social security at least. Now, this situation of hypocritical silence on social security is certainly not good enough. In the drive for development in Brazil, the state has actively mobilised the people in the sectors of education and healthcare delivery. The government of Lula has admirably invested heavily in education and healthcare delivery. The government reportedly had to pay some poor parents to keep children in school and to orient people to go to health clinics. The process of development is enhanced by popular participation; in fact it would be better when there is the popular control of the process so that policy choices are in favour of the majority of the people who happen to be the poorer. In Nigeria, the interests of the poor are the easiest to be treated as trade-offs as the rich control the process. Doubtless, Brazil still has its dark sides and it is yet to say confidently, “farewell to poverty’, to borrow from the manifesto of Bahorun M.K.O. Abiola in the June 12, 1993 presidential election. The same November 14th-20th 20009 edition of The Economist that toasts the success of Brazil also puts the other side of the matter like this: “It is a place of misery where 17% of homes do not have running water and too many families live in home-made shacks by motorway bridges. A place where many people convicted of serious crimes go unpunished, and those in prison live brutalised existence.” However, the point at issue is that on the balance Brazil is considered to be on the path of sustainable development because central to its strategy are the anti-poverty programmes. It is a strategy with a good dose of social content. This is another aspect of the Brazilian economic story that speaks eloquently to the Nigerian situation. Above all, Brazil is acknowledged to be steady on this developmental path because it has a leadership giving direction. Lula who will be leaving office in about 11 months time has proven to be a transformational leader. He has done justice to his leftist background. He has pushed further the free-market reforms he inherited without his government abandoning its responsibility, as our unbridled privatisers would prefer here. The Brazilian economy has not been badly affected by the global economic crisis as was conventionally expected. The economy is said to be growing again after a minor shrinking. Lula’s tenure has become a turning point for national progress because he has pursued vision beyond occasional exhortations and branding, as it is the case in Nigeria. In seven years and with a well-focussed leader, Brazil has recorded a turn-around in its socio-economic climate. Nigeria does not have to wait till year 2020 before the evidence of good leadership could be shown. That is why those envisioning for this country must also think of a Lula that can lead so as to make the vision a reality. Hence, this envisioning thing should go beyond technically setting targets for growth and be moved to a serious engagement with this troubled political economy.

EloSela:
I think this show would have been much more interesting if they had based it on the many dance forms of Africa and left the waltzes and foxtrots alone. The costumes they would have had to put together to perform such dances would have been amazing. The costumes on Nigerian celebrity takes two are a joke!

gbam

felele:
Fashola needs to watch his back seriously.

Having served as Tinubu's Chief of Staff, and having saved his behind from going to jail on more than one occasion, he knows where "Asiwaju"'s bodies are buried, so to speak, and therefore has the upper hand in this battle.

If the constitution is amended in time for the 2011 elections to allow independent candidates to contest, Fashola, on his current trajectory, will win in Lagos State as an independent - hands down!

If not, he can always negotiate with his friend, Jimi Agbaje and his fellow DPA members, who want nothing more than to cut "Tinubu" (also known as Amoda Ogunlere) down to size, and also stop him from milking Lagos State altogether.

His Sins:

1. Raised a N50b bond for infrastructure in Lagos state and did a good job on Lagos Island. On the mainland, all the roads except the one in Yaba by PW are sorry excuses for construction jobs and will be found out within one rainy season. Where did the N50bn go?

2. Despite the N50bn, he apparently concessioned (read sold) Lekki-Epe expressway to a private consortium, one of whose members he has a serious stake in, namely the grossly incompetent Hi-Tech construction company. Their lack of expertise is an open wound on the Lekki-Epe expressway that users of that road are bearing right now and will bear for years to come unless the "concession" is revoked on grounds of non-performance.

3. There is an allegation, which refuses to go away, that he owns a controlling interest in Alpha Beta Consulting, a company fronted by a UK returnee, which earns around N2.1b in commissions every month from all Lagos State revenue, just for printing and issuing receipts!

4. In addition to selling the Lekki-Epe Expressway to himself, he has allocated thousands of hectares of the choicest lands in the Lekki axis to companies in which he has a substantial interest, or to himself and to his wife, who, incidentally is eyeing Ganiyu Solomon's senatorial seat.

5. He controls almost all the commissioners in Fashola's cabinet, with the unsalutary scenario of him having to clear decisions made at state executive council meetings. Commissioners like Banire and Abosede Francisco (considering the Physical Planning bill he sent to the house, in which he arrogated the power of life and death in Physical Planning in Lagos State to himself as commissioner) undermine the Governor at every opportunity and slow down the pace of development in the state to sabotage Fashola's efforts to drag us into the 21st century.

6. He planted a lot of politicians in strategic civil service positions, like Gbenga Ashafa, the Lands Perm. Sec., who is constantly undermining the governor by not paying compensations to villagers for land acquired for development, and constantly carries out controversial and dodgy acquisitions, which the Governor has found himself having to repudiate, because he knew nothing about them. For clarity's sake, the Land Use act vests the power to acquire and allocate land in the person of the Governor, and not a civil servant of any kind. But if Ashafa gets the go ahead from Tinubu, he assumes God has spoken, and acts without consulting the Governor. There are many more like him planted in the service.

However, one thing he doesn't seem to realise is that Fashola has support. That support is based entirely on Fashola's work so far. We can see the difference between someone who wants to feather his own nest, and someone who actually takes pride in his work. Fashola should harbour NO FEAR, because the voice of the people is the voice of God. Ignore Tinubu and his people, and actually start weeding them out, starting with the civil service infiltrators, and then moving on to the political appointees. If they were appointed by Tinubu, no matter how much loyalty they pledge to you, WEED THEM OUT. If not, they will wait for you to turn your back and knife you whenever Tinubu tells them to.

One area you can also cut them down to size is to get your own people in the House of Assembly to pass a bill returning Lagos state to 20 local governments, and carrying out elections into all of them immediately. You have people who are ready to back you with money and sweat ALL OVER LAGOS STATE, even in Ibeju-Lekki! Just say the word, and you'll be surprised. Supplant Tinubu's boys in the LGAs and hand back their land, advertising, market, parking and sanitation revenue to them, and you'll have your own machinery in place overnight, which Tinubu's people will not understand. You must start moving NOW!!

Eko o ni baje o.

maximum respect.
this how to analyse issues not personalities and ethnicity or trading insults.
well done.

i have stated my support or this clean up in my earlier posts.
What i find uncomfortable is the seeming arrogance of Seun.
people have raised several questions on this thread, how long will it take him to address the questions and at least provide some sort of an answer?
there have been repeated complaints about how the process through which posts make the front page seems inconsistent and bereft of a qualitative mechanism.We can all go hang or all he and his mods care.Not a word has been said about that,yet we all can see a persistent deterioration in the quality of posts therein.
At the end o the day, Google or no Google, we the users and posters on this forum are the most important.without us NL is dead, yet we are often treated like some unintelligent persons.
This is a forum and it may belong to an individual but its strength lies in the collectivity of its users.
Seun, show us some courtesy and provide some answers to the questions that have been raised here.
It is the least we deserve.

I find this talk about Sanusi's islamic scholarship childish and stupid.
Who refers to Akingbola's pastorship or that dude that ran Omega bank aground that was a reverend.
Yet every keeps talking about his islamic scholarship as if it limits him rom executing his responsibilities.
it is a cheap shot that reveals the small mindedness off those who use it.

testing the mic

shit.

supported.
after all is said and done, this is a business and adverts are important.

see your mouth.

[quote author=Sunny_bobo link=topic=361940.msg5053706#msg5053706 date=1260018841]Justice Odili is just taking her pound of flesh. Remember her husband lost his bank as a result of the banking consolidation carried out by Cee Cee Soludo. What they don't know is that Soludo is smarter that all of them.[/quote]mistaken identity.
it is not her own Odili but Chief Victor Odili, one of the owners of HiTv and the owner of Aeromaritime.

Remii:
Please explain how Nigeria weathered the world recession storm. The stock exchange dropped from N13trillion to N5trilllion and it still dropping. Most investors have lost almost 75% of their investments due to recklessness of Bank executives. Maybe you need to talk someone like Segun Osoba to understand what I am saying.
What I see here is that Nigerian behaving like our leaders, always thinking in the short time. . Sanusi may have his own shortcomings, but his actions is for overall good of the economy. Banks cannot hold back lending money to genuine business forever, they just have to be meticulous, the era of given cash to whoever asked for it should be done away with. Just last week we were told that those banks in trouble have more that 41% of their worth in bad loans that is staggering N1.4trillion of their total N3.4trillion . Some have been borrowing to pay dividends, some selling property and cook books to get awards both locally and internationally.

dude, save your breath.
naijaking is oblivious of such truth.
i have stated my greviances of Sanusi in previous posts in this thread but the fact remains that the peace that was reigning in the banking sector before now was the peace of a graveyard.
Soludo went around as the godfather of banking cowboys telling us 'it is well' yet we sensed it was not well.
now someone has come out to prove to us that indeed it was never well and you busy yourself with oxford and harvard degree theories.
you never answered my question on how your oxford trained Bankole is any better than Etteh, the hair dresser?
borrowing to pay dividends? these CEOs deserve electric chair, walahi.

By TOYOSI OGUNSEYE, Published: Sunday, 6 Dec 2009



TRANSGENIC CREATURE


A popular Yoruba TV programme, Labeorun, is being called to question by its viewers after a claim that it wrongly presented a transgenic creature last month, writes TOYOSI OGUNSEYE

PATRICIA Piccinini is a celebrated artist. Being an international sculptor, she is not new to controversy and criticisms that are akin to the art world, Nigeria inclusive.

Wherever she may be, the Australian will be surprised that one of her works, The Young Family, which received rave reviews, is generating controversy in the country. But she may not be pleased if she finds out circumstances surrounding this controversy.

The Young Family, a 2003 Piccinini work, presents a transgenic creature. According to the artist, the inspiration behind the sculpture is the belief that other species have growing human organs. She was quoted as saying on her website, www.patriciapiccinini.net that,

”I wanted to address the reality of the creatures themselves in a very compassionate way, and show a very beautiful image of motherhood.

”As you can see, she (the sculpture) is really caring towards her children and worried about them. The question I raise, that I am interested in, relates to the distinction between human and animal characteristics, not so much her humanity, but the ‘animalness‘ in us.

”Perhaps we share traits with her, the fundamental trait of looking after your offspring, your babies. I am interested in the kind of ways that we look at the many ethical issues that surround medical technologies.

”There are two kinds of people who are thinking about these issues; those who are objective observers, and those that are actually affected by the issues, such as somebody who has a family member who is affected by a disease.

”These two viewpoints are often very different. It is impossible to be objective about these issues when you are emotionally involved, but I don‘t think that is a bad thing.”

There are however allegations that a popular television presenter, Mr. Segun Adisa, ‘got involved‘ with the sculpture in other ways than suggested by Piccinini.

A journalist, Olusegun Mokuolu, told SUNDAY PUNCH, that Adisa, the producer of the programme, Labeorun, which is syndicated on some national TV stations, used the sculpture to deceive the public. But Adisa has refuted this allegation.

According to Mokuolu, the producer, in a particular episode in October 2009, allegedly presented footage of the sculpture and allegedly claimed that a hunter living within the boarder of Nigeria and Republic of Benin found the strange creature.

Mokuolu said, ”If you think everything being presented on our TV stations is true, you have to think again.

”In the month of October, on MITV (Channel 135 on DSTV), viewers were deceived on a scale that can only be imagined. The programme was Labeorun, a Yoruba genre about strange happenings in the society.

”People are usually drawn to the programme because of the strange stories and footage,” said Mokuolu. ”The presenters usually claim they are using the programme to sanitize the public and make them aware of the evil schemes going on around them. In a particular episode in October, the presenter, Segun Adisa, said that a hunter living along the border of Nigeria and Republic of Benin found a strange creature.

”The creature, he claimed, was half woman, half dog. Then the footage was shown in a rather fraudulent manner; the footage was not clear and did not last long enough.

”An image looking like dog and woman was seen with half babies, half puppies by its side. Adisa claimed afterwards that the creature had moved to the Republic of Benin. End of story.

”He must have thought that he has done a great show and can go home to rest. This is not going to be. In my recent research on the Internet, I discovered the image Adisa was claiming to be a strange creature was actually a sculpture by (Patricia) Piccinini. The human-like sow and her offspring are a sculpture entitled, The Young Family by artist/sculptor (Patricia) Piccinini, shown as part of her We Are Family exhibition in 2003.”

In his response, Adisa said the allegations were false. He said, ”When we showed it, we said that people sent it to our electronic mail from the Internet. That was what we said during the programme. We never said that a hunter found the creature between Nigeria and the Republic of Benin. It‘s not true that I said that. It was one reporter that wrote that it was found between Nigeria and the Republic of Benin, but we said that we got it from the Internet.”

Another ardent viewer of the programme, Mrs. Tayo Emmanuel, said she remembered the episode of the programme vividly. ”I watched in it October and I remember that the image of a half dog, half human being was shown with its puppies who were also deformed. I also recall that the presenter said the creature was found by a hunter between Nigeria and the Republic of Benin,” she says.

Emmanuel‘s claim was buttressed by that of Mr. Tajudeen Suleiman, who does not miss the programme. Suleiman said, ”Ever since my girlfriend drew my attention to the programme, I‘ve never missed it. In fact, I call it my Sunday tonic because of the human angle stories the presenter features.

”I also learn a lot of lessons from it. I remember that October episode of a half woman, half dog with its puppies who were also half human. I took the photograph of the creatures with my phone because I was intrigued by it. I had never seen anything like that before.

”The presenter said the creatures were found by a hunter along the Nigeria/Republic of Benin border, where they were hiding. I even remember that the creatures were breathing.”

Adisa however insisted that he did not say the transgenic creatures were found by a hunter in Nigeria or the Republic of Benin. He stressed, ”I never said so. I said we got it from the Internet.”

it is really going to get ugly.
i just wish they would leave the poor masses out of their greedy fight.

naijaking1:
Yes they did. Why is it easy for people to forget
Nigeria weathered the global economic meltdown thanks to Soludo. I know people like you quote verses from Sanusi to say that covered up, ignored, or painted a rosier picture than they were--still controversial. The truth is out there in black and white, but don't take Sanusi's words for it.

"I just burnt down your house, because I know that in 6 months that house of yours would have collapsed" This is the fallacy Sanusi has used to sell his incompetence to Nigerians, and some how, some smart people believe him

dude, you seem a lost cause on this matter.
What did Soludo do?
Nigerian banks are not as internationally integrated as Soludo and his praise singers will have us believe.
What is happening in the banking industry is almost unrelated to the global financial issue.
It is a case of a poorly constructed house collapsing.
any discerning person could see it coming.
i gave you a detailed report to read (one that does not flatter Sanusi particularly but does buttress the fact that the rot was inherited).you came back after two minutes and said the over 68 pages of report buttressed your hatred for Sanusi.
It is obvious you did not look at it and have now started thanking Soludo for an unrelated matter.

http://proshareng.com/admin/upload/reports/100_days_after_Report_-_Proshare_251109.pdf

jimmysho:
fine, oxford antecedent may not give u the best of skill require to manage our kind of banking sector!

did he get there on merit or had the full backing of the northern elites that wanted the cbn chief originate from their domain?

unfortunately i do not participate in ethnic discussions on this forum, so i am unable to answer that question.

^^^^^
you are attempting to throw away the baby with the bath water.

naijaking1:
Now, you're talking. Just imagine the speaker being introduced as the Oxford educated Speaker of our House of rep--- cool.
You got it right.We have almost successfully passed through the World wide recession until Sanusi came on the scene.
You bet, the ones questionning his intellectual capabilities are those Sanusi praise-singers.

are you kidding me?
after all the cool introduction, how different has he been from Etteh the hair dresser?

you think Oxford degree on its own will fight inflation and set monetary policies?
Did Soludo attend Harvard?

in case you are intersted.
i find this an unbiased report.

http://proshareng.com/admin/upload/reports/100_days_after_Report_-_Proshare_251109.pdf

naijaking1:
Nobody said there were no problems with the banks, the point which you seem to ignore is that Sanusi has made it worse.
Where was I during Soludo, I don't know, the point was that my shares did well.
Calling people crooks without proof is sounding very much like Sanusi, you can do better.

now i understand your problem.
your shares are doing badly now.
pele o

Dude your are WRONG.
Tito Mboweni was South Africa's reserve bank governor for 10 years until two months ago and probably the most effective in the continent in the last decade.
go and look at his CV and see where he attended. it did not affect his effectiveness and he earned respect from all and sundry.
All the schools and top consultancies that Soludo has in his CV how did it affect his performance?
is it not the same Oxford that Dimeji Bankole attended?
How different has he been from Etteh the hair dresser?
Dude, go low on this top school issue.
i would not want to say more on that note, some of these school reputations are more of elitism and marketing.
i have seen idiots that graduated from these places.

naijaking1:
That doesn't make it right. There are court orders restraining people from discussing cases in certain ways, and yet Sanusi has not stopped calling people names.
No need, I'm not the CBN governor. Have you ever wondered why every US president has always gone to Harvard or Yale, or why most UK Pm have always attended Oxford or Cambridge?
Same in Banking- Imagine this news: "The Oxford educated governor of Nigeria's CBN has said----- vs. The Khartoum University educated CBN governor said-------


I wish I understand him

therein lies your problem.

My major concern is that the mess Sanusi has inherited is bigger than he is even estimating.
Soludo left a corpse for him.Sanusi is thinking he has a dying patient in his hands.
The patient may long have died.
I hope not.

citizenY:
@ naijaking,

This is sour grapes. Tell us your own pedigree which gives you the audacity to throw tantrums
anytime you realize that Sanusi is still the CBN governor. You should tell us why we should accept
your opinions on  financial matters and ignore the views of the sitting CBN governor and his management.

Where were you when he was being cleared, you should have petitioned your rep. From the way
you continue to rave and rant on this Sanusi matter, I am beginning to suspect say you no get paper
and even if you get self na Daily Times or West African Pilot .

more importantly, where was he when Soludo was acting like a showbiz star and hugging the headlines with these banking cowboys while the industry was dying and in ruins.
He joined the crooks in peddling lies and half truths to convince us that all is well with the industry whlie it was not.
Now you develop hypertension and begin to stutter at every mention of Sanusi.