₦airaland Forum

ChristianNorth:
GTB paid 2.4 billion in dividend to its shareholders. Innoson's 8.8 billion can pay their shareholders dividend for 3.6 years.

Use your head.

fykes:
Due to politics affiliations, I see this case been settled politically... Maybe political patronage, export abilities and import waivers for innosson and acceptance of periodic cash payments...
For y'all saying they posted profits of $$$billions.. Go and get some financial knowledge. Banks don't calculate profits only in liquid assets... Infact most of the profits is in working capitals, rigid assets, performing loans and bonds.

ozoigbondu:
Click on link you refuse to

MadamExcellency:
If the Board refuses to convert the debt to equity then they should pay him immediately, so he can use the same money to buy their Shares in the Stock Market as to emerge as one out of three highest Shareholders which will in turn translate to Directorship

ozoigbondu:
They have already started the process of sealing and selling
https://www.dailytrust.com.ng/we-have-sealed-7-branches-of-gtb-bank-to-recover-debt-innoson.html

stephleena:
Same way we thought of diamond bank...it's too mighty to fall..

Gtbank,made profits of billions yet to pay off 8billion naira, is an herculean task, even to the extent of staking it's reputation..

richidinho:
Do you want me to dig up your comments then when Efcc in their usual manner told us innoson forged documents and bla bla bla?

MadamExcellency:
Innoson taking over GTB doesn't mean owning the bank as a one man business, it means being drafted as one of the Directors because of the number of shares N8.2 billion is worth.

Investing N8 billion shares worth of equity in any Nigerian bank is definitely a Director's position.

GTB failing is out of question hence your argument is preposterous.

Amarabae:
Your eyes will soon clear.
Am sure that since yesterday you are restless .
GTB fuckup will be treated.
Congrats innoson

richidinho:
Enough of all these

The bank is that rich yet could not pay the gentleman his money, just N2bn?

they threatened him with both Dss and Efcc just because Osibanjo, a brother to the bank's CEO is the vice president

richidinho:
When they were arresting this man every week with both Efcc and Dss you never reminded them that they are rich and should better settle with the man out of court

MadeInTokyo:

Another Saraki and Dogara palaver loading by June

Lawan will not be Senate President---Quote me

Tinubu will be shown by June this year that APC Senators are not Lagos state house of assembly lawmakers that he can give orders

wideawaken01:
It's really funny, Tinubu went all the way to Abuja for his birthday Colloquium, Buhari didn’t see the need to show up? What a shame. Tinubu is already in the league of "use and dump.

Although Buhari sent his greetings to him.

amaniro:
Igbos are very independent people. That's why they never had a "Leader" since history. Because they don't necessarily need one.

deji17:
It appears that PDP will overlook Igbos again in 2023.
Igbos have slaved for that party since 1999 and by 2023, that will be 24 years. If a boy is under apprenticeship for 24 years, is it not good that his masters give him Freedom to display what he can do? Are Igbos just good enough to be used and dumped in PDP?

What were the projects you planned to execute during your tenure but for reasons of time and financial constraints, you could not?

I wasn’t happy with the transportation system in Lagos, and I particularly felt bad about the waterways that we could not fully exploit. I sent a delegation abroad to look for flat bottom boats that could take passengers across the waterways. I wasn’t happy with the transportation system and would have loved to see a better system in place. One of the ideas I had was to construct the 3rd Mainland Bridge. Don’t forget, the 3rd Mainland Bridge was a creation of the government of Lagos State and not the Federal Government. The Federal Government only took it over at a point in time when we didn’t have enough money and, therefore, included the project as part of the state’s contribution to second Five-Year Development Programme of the Federal Government in 1972. I went abroad and was surprised to discover that the headquarters of Julius Berger was located in the same area with the hospital where I went for medical treatment. I met Mr Whitman who later served as vice chairman on the board of Julius Berger. His first job in Nigeria was the construction of the Itoikin Bridge that links Lagos with Epe.

During my meeting with Mr Whitman and his team of engineers, I showed them what we were planning for the ring roads around Lagos. I believe people getting out of Lagos should have free ways that they can use. The concept I had for the inner ring road and outer ring road was to have pillars erected to the middle of Herbert Macaulay and Murtala Muhammed Way with the pillars supporting a network of highways on the top like the ones I saw in Tokyo, Japan. I believed we could achieve same in Lagos. The Julius Berger team looked into my concept and came up with a blueprint ready for my submission to the Federal Government. That was how Julius Berger and an army of officials came all the way to Lagos. Work began in earnest with the engineers in boats and canoes crisscrossing the body of water over which the 3rd Mainland Bridge and its ring roads would be built. At Marina, they proposed sand filling as the best option so as to be able to gain more useful land, in addition to solving the traffic problem on that axis. I was thinking we could use the idea of the 3rd Mainland Bridge to sand fill a sizeable portion of the water front of the University of Lagos and adjoining areas and create a big motor park where a park-and-ride system of transportation would be available to take passengers from the Oworonshoki area into Lagos, where you will equally take a taxi or a bus to wherever you are going on the Lagos Island and when you are through with what you came to do on the Island, you will be taken back by boats across the water to where your car is parked at Oworonshoki. That was one major project I would have loved to accomplish but couldn’t. To date, our waterways, I must say, are still largely underutilised.

They had a free service, called scholars bus, for uninformed school children and they also had air-conditioned buses for regular fare-paying commuters.

Because of the mistake of terminating the railway at Iddo, Lagos, the administrative capital and port of the Colony of Nigeria, was without any public (or indeed, at that time, wheeled) transport to connect it with the railhead.

stephenduru:
A man identified as Aminu took to Facebook to mourn his younger brother who was killed by Boko Haram.He earlier survived four deadly attack by the insurgents.Below is what he wrote.....

'I remember like yesterday when you were born in 1992. I with our father buried your placenta. I dug the ground, placed it in the hole and covered the hole while Baba watched.
Growing up, all you wanted so passionately to do was serve Nigeria as a soldier. All efforts to discourage you failed. After trying thrice and failing, we thought you would give up especially since you were already earning money in Minna. But again, you tried the 4th time and succeeded. You finally got what you had always wanted from childhood.
Your first major posting was to go face Boko Haram. Many felt you should leave but, you would always say "its a job I took for Nigeria". Four times you escaped deadly attacks with many of your colleagues killed in some cases. All the times, you would ask us to keep praying for you rather than asking you to leave because you won't.
Again, this Monday evening, your team of FIFTEEN men came under attack. The vehicle you were travelling in was bombed by Boko Haram. All your colleagues we were told died except you. While most were beyond recognition, you survived with shattered legs. We found a way to thank God that at least, you survived. We didn't know your survival was going to be brief. We were to be told later again that you couldn't carry on. The Nigeria you were passionate to serve, you died for her. How could I have imagined that you would go before me when I buried your placenta 27 years ago. Thank you for your passionate service to Nigeria. Rest in peace my brother. Akeem my brother, its painful to bid you farewell. But, who are we when God has taken a decision. May Allah in His infinite kindness turn all your suffering in the Army which you severally narrated as restitution for all your sins. May He grant you His Rahama and forgive all your shortcomings''



Source: http://www.trezzyhelm.com/2019/03/boko-haram-kill-nigerian-soldier.html

Bodingo:
He is a muslim, he cant be a Speaker since Senate president is to be a Muslim. If two Christians head the two assembles MURIC will cry fowl and start threatening the peace of everyone with muslims backing him.

bosswisdom:
We have earlier agreed not to overheat the polity. Again, Mr. President has repeatedly mentioned that each arm of the government must be independence including in choosing the Leadership of the 9th Assembly. This was further demonstrated last week when Mr. President inaugurated a committee to work out the modalities that will guarantee the independence of the three arms of Government at the State level. For this reason, there is need to lead by example. therefore, the call for interference by the President as recommended by our dear Party Chairman, Mr. Adam Oshiomole is not necessary here. Rather, than this unnecessary overheating of polity, our dear comrade should allow the members of the Parliament to elect their leader through a rancour free process.

ChristianNorth:
You don't have the majority to pass laws, you need 240 and APC currently have 223. When PDP takes over Zamfara, you would be left with 215 members.

The only way Gbaja can be Speaker is if he runs as a sole candidate and we don't see this happening.