₦airaland Forum

mikeansy:
Anambra State has the chance to correct her error and do herself and the whole of South East a favour by electing Soludo after Peter Obi steps down.

Any rational being know that Soludo and Sanusi are just not in the same league, I just don't like to engage in these kinds of debate because Nigerians just like to deny the facts for whatever reason!

I smell the rotten stink of tribalism as usual. We wish you well in electing him as Anambra's governor.

Dis Guy:
how much funds was created for agriculture, manufacturing and SME under Soludo, we know how much was created for the oil n gas traders n stock market speculators

how much was for the real economy, creating shaky banking jobs with mini skirt marketers is not sustainable job creation

Thank you o jare, leaving Sanusi to come clean up the mess. Under Soludo's watch loans to the agric sector ( the real sector) was under 3%, yet Agriculture accounts for 40% of GDP and was the major sector that bolstered Nigeria's 7% GDP growth. Meanwhile money flows went to speculators in the stock market and lending to Oil traders/markets but they hit a snag when oil prices fell in 2008-2009 post the global financial crisis.

Sanusi reversed trends in financing to the real sector, re-strucutred loans to these sectors by helping companies such as (notore) an indigenous fertilizer company obtain competivie loans to stay afloat , saving jobs in the REAL SECTOR

Apart from the recapitalization exercises Soludo left banks with the same issues including bad corporate governance, lack of regulatory oversight concerning in house loan deals, toomuch money supply etc etc etc.

ITbomb:
^^^ u r right but they create the environment that promote creation of jobs,
Soludo created that
Sanusi destroy it

I would very much like to understand what steps Sanusi took to destroy the enviroment .

Please enumerate otherwise shut up!

I say let them in. Seeing that it bares no real significance anyways.

They'll be running away soon enough.

olyivy:
You need no explanation. If you were up to ten years by 1998, you wouldnt need to be explained how abacha was bad.

Why do you people like to rewrite history.

The poster was probably 5 years old in 1998. What economy was doing well? comparing Nigeria ten years ago and right now is practically the same removing the telecoms sector.

can any body say RAYYYYY POWER 100.5

There are unscrupulous southern politicians who are waiting to hijack this conference to push for a break up of the project known as Nigeria and we well know what part of the country they emanate from.

God save Nigeria from these despicable connivers

Black American or African American. Same difference

Africans are black Africans and are Africans as well. Does that mean you can't call us either ir

AA shoudl stop being stupid. Black is a skin color. African denotes Ancestry tie to the African based on "recent' socially accepted heritage.

Foreign affairs section has been infiltrated by communist thugs!!

Foreign affairs section has been infiltrated by communist thugs!!

igbo2011:
If all theAfrican corrupt leaders put their looted money into African banks then this can lead to economic growth because busnesses can grow due to loans.

There is already a huge surplus of capital in Nigerian banks that is sufficient enough to lend out to small SME's. The problem is in the incentive for "private' owned banks to loan money to SME sectors that have the potential to grow. Banks are profit driven entities that will be unwilling to lend out to say a farmer who wishes to expand his production outfit. The farmer lacks formal education and access to knowledge and skills to navigate the lending system in order to secure a loan. How do you solve that problem. Simply repatriated stolen funds and having it sit around does not resolve the question , under what framwork will it be disbursed to sectors that require it to grow since these funds will be deposited in private held entities. You might be refering to the role the CBN plays in incentivizing the private sector banks to loan money out. That process is ongoing as we speak. The CBN continues to intevene to create regulatory frameworks to enhance economic activity in the country.

igbo2011:
1. Power: With power we will be able to start to manufacture products and make our own products instead of importing everything,
2. Roads: with a good road network then trasnporting things will be better. Also with all these death trap roads, morel ives will be saved.
3. Hospitals: Our hospitals aren't the best. Once we have great hospitals this can be a great industry. many nigerians go abroad for treatment when we should be treated in Nigeria
4. Schools: Our schools must teach everyon their true GREAt history and how much we did for this world. We must teach religion and ethnic tolerance and teach the kids how much bad things the Europeans have done and how we shouldn't trust foreignors. We should trust ourselvse more. Tis inferiority complex is hurting Nigeria's economy. if nobody will by Nigerian goods then Nigerians won't open up Nigerian businesses. All this importing is very bad, we should make our own things.
5. Military: We need a great military that puts a lot of money into making great weapons and planes to defend ourselves or Africa in general.
Those are in no order but with all of that Nigeria will be a haven. Too many foreign investors are coming to Africa for business, Africans need to invest in each other and buy each other's products. We need to go to tourism within Africa!!

All the above require enabling environments for private citizens to improve what is already on ground with support from govenrmtn to create environemtns that will allow the population purseue economic activity and education

igbo2011:
They are the ones who input dicatators like Mubuto, Comapre, or Outtara and back them up with weapons and troops. Look at what happened to Ivory Coast. Unless all Africans around Africa do this and do an African spring then it will keep on happening.

Igbo2011.

most of us are aware of the west's self interests regarding Africa. This is undeniable. However, in my humble opinion, the revolution you advocate in Africa will not come about as a result of agitating passions and prejudices nor will solutions come from driving western powers out of Africa. I am still wondering how that is going to be achieved? Can you enlighten me?

Africa's transformation will be born out of structural changes that will subject the western powers to their own self created, self promoting economic devices. When has a revolution ever eliminated the existence of "elite" masters vs "impoverished' citizenry. All it does is shake up a few feathers, a little redistribution of wealth or power is compromised by those who possess it, only for new systems to be devised on how to take this back under the same noses of the revolutionaries.

Its an inefficient process that sustains itself only in the short term as things gradually return to status quo. let me be clear in saying that  I  understand the role of revolutions in antagonizing corrupt authority, however I find it over simplistic and down right archaic in truly transforming the lives of Africans due to is manipulative tendencies and propaganda driven rhetoric.

You can create lasting change by beating your "opponent" at his own game. This requires great patience, great intellect and a burgeoning dissemination of relevant and transformative information sharing process. China is a great example of this fact.

pendo89:
Are we therefore our own enemies of progress??

There is a huge deficit in continental awarness that stems from a lack of incorporating continental subject matters into educational curriculums to develop knowledge of Africans in general which would strengthen ties amongst the populous. Emphasis continues to be put on our differences rather than what we have in common.  This fact, coupled with an ongoing country by country struggle of national identity  hinders regional and continental integration. This is where I believe the problem lies.

A solution would be to revamp the current educational curriculums to incorporate subject matters that deal with general continental and regional issues from the primary up to tertiary levels of education and fostering exchange programs that move students through different countries and learning experiences. This is in line with how globally  connected the world and indeed Africa is moving towards.

pendo89:
Why cant Africans think and develop themselves? Is it possible to do without western influence at all?? I have both Yes and No answers.
Why are we not taking advantage of Trade blocs? Cz we don't even know they exist !

It is difficult to start from a fresh template of political or economic thought processes when most of your systems and structures have been borrowed or indoctrinated into 1st and 2nd world global systems that have not really taken into account the dynamism of African socio-political issues. We can develop ourselves and indeed we are striving to do so. What we struggle with is the methodology to adopt that will indeed fit in with our social values , structures and complexities.

Many continue to advocate a complete diassociation from western institutions, western values and western economic models. If we are to follow this path then what alternate models do we build our economic systems on and how do we attempt to integrate these new found models into global structures as it is near impossible to exist without some sort of cooperation with the rest of the planet. We cannot be isolationist in the long term as this will undoubtedlly prove unsustainable.

There are several regional trade blocs that are currently fine tuning custom unions and tarrif free movements of goods and services which  are  mainly eas Africa's COMESA and southern Afirca's SADC, little can be said about ECOWAS for now. These economic integration policies are sure to  boost regional trade and inter Africa trade as well.  The stumbling block lies with governments strugglling with natinoal interets over a cohesive regional strucutre that is advantageious to all within that bloc.

Its happending but its not happening fast enough.

The other school of thought hopes to build on already existing systems borrowed from western societies in terms of laissze affair private owned Capitalist models that feel that government is incapabel of driving efficiency in business and the emrging state capitalit model dominant in the Eastern part of the world that is hybrid of socialist and communist ideologies fused with capital controlled by the state. the idea is to modify these philosophies to fit African  contexts. The new information and semantic age we are evolving  into requires new thought processes against the old rhetoric of seperate and equalize.

If them put Genevieve Nnaji una go call am Nollywood movie.

Dollar talks.

Ask George lucas why he didn't get funding for his tuskegee men movie.

When Africa becomes expert film makers then we can call the shots, until then all of una shut up!!

PS Cimamanda reported in an interview that she didn't want much to do with the movie itself but trusted the screen writer ( a nigerian) to adapt the novel to script for the movie!

Beaf:
You guys have killed the foreign section and driven away the few diasporans and serious intellectual types that used to group here. Nobody gives a damn about all your talk about aliens in fruit trees, illuminati murderously popping out of kitchen pots and spirits hiding in your shadows to get you and suck out your vitality.

If you want to mourn Gaddafi, Hitler, Lucifer or whatever, then have the decency to do it in the privacy of your homes. You can only kill this section with ridiculous conspiracy theories, because there is no moderator.

You want to use these links:
http://www.lhup.edu/~dsimanek/fe-scidi.htm
http://news.bbc.co.uk/1/hi/7540427.stm

And of course, you can join here and allow rational minds on NL to have some space:
http://theflatearthsociety.org/

I suggest Seun open a new section for Conspiracy theorists. I would like to know if Tupac is really dead?

Hey don't forget Kermit the frog and miss piggy. OFF WITH THEIR HEADS TOO!!!

Or wait I forgot  they are  MUPPETS not PUPPETS!!!

cheikh:
Afro_Blue[/b]Officially, students should be taught in their mother tongue from Grades 1 to 3, but a survey by the Sunday Times newspaper found this was not happening. In fact, by the time they got to 12th year, [b]most pupils were opting for Afrikaans as their first additional language after English with 68,455 choosing Afrikaans, 10,943 choosing Zulu and 1,547 choosing Xhosa.


@^^ It's as if the struggle for freedom from mental slavery/apartheid never happened .
Why did people fight/die to reject "Afrikaans" and so called "Bantu" education then? .

As far as I know the youth in urban areas are loosing their mutha tongue. The native languages are spoken heavily in township areas. Infact you won't get far speaking english in the townships

South Africans are not loosing their languges

The captain loves his life too.

who wan die! Captain or no captain,

Abeg leave the guy o!

I am still waiting for that Naira devaluation that the doomsday "save us from the IMF" goons so precisely predicted.

Is this suppposed to be an expose!

cap28:
am i suprised about Nixon and Kissinger's view on africans? No -but this is a video that needs to be watched by people like Morpheus, Beaf, Tayo D, Debosky, Justwise and  all these other self haters who have no idea how absolutely evil and diabolical the US govt is.

I have always liked that word "diabolical". Creates a sense of urgency doesn't it?

To arms my African brothers. Africa for Africans!.let us rid ourselves of the evil empire called the US government and while we are at it lets take down the Hellenistic, Roman, byzantine and Umyyaad empires that have continued to ravage us or are we only concerned with post 1945 colonial empires.

What say you?

Morpheus says "Evil lives in all men not just White ones."
                         " the enemy that you create is yourself"

It also takes run away ignoramuses to be ruled by the british parliament and the US senate.

What's the point?

debosky:
@ Cap28

FYI - the current subsidy regime is the most efficient siphoning mechanism available. Any Western 'enemies' worth their salt will encourage the subsidy to continue in its current form where there is zero accountability and unbridled stealing by Western oil traders feeding on Nigerians alongside the complicitly corrupt oil industry.

http://cables.mrkva.eu/cable.php?id=15817

Subsidy removal will only increase scrutiny in the oil industry - something that doesn't benefit the Western 'enemies'.

You got your conspiracy theories wrong on this one.

Additional commentary by bsimark Rilwane a non"IMF led" Nigerian economist who shares my vieews and understands the macro economic impacts of the fuel subsidy issue and gives an insightful recommendation for what needs to take place to tackle the backlash.


[flash=200,200]
https://www.youtube.com/watch?v=-uVKhpad2Ns&feature=channel_video_title[/flash]

MandingoII:
morpheus = TRASH!!



a sellout African. He will roll past poor blacks in HIS DREAM CAR (a mercedes) and tell you to get the fugg out the way. while kiss the White man's A zz and embezzelling money from Education and poor kids.

Sounds like something one of your rappers would do. Anybody say * 50cents*

[quote author=isale_gan2 link=topic=842457.msg9953135#msg9953135 date=1326413557]You missed the point of the passage you quoted: The issue is that that fool is a stooge![/quote]Now how does posting three pics of Quattara with his "white wife" help in explaining to us how sold out he has become.

Hmmm?

cap28:
^^

what point are you not making?

so Gbagbo had his first child with a white woman - big deal!

The fact of the matter is that his current wife is an ivorien woman who was beaten, humiliated and possibly rap.ed by Ouattara's trooops - would this have happened to a white woman - let me hear you say hell no!!

self hating sambo

Current  wife, past wife is  "neither here nor there"

Any one that sleeps with the enemy is an ENEMY!!!!

morpheus24:
Can you identify the light skin boy in this pic. Who is he? What traitor slept with Jaqueline Chanoos   a citizen of the colonial regime that  is oppressing Ivory coast.

Hang the traitor, ENEMY!!!!

Yes. I need you to stop eating those Mcdonald burgers and fish n chips and come back and hold my hand. Infact inspite of the fuel shortage, I volunteer to come pick you from Murtala muhammed airport.

let us stand side by side when the first shots are fired.

All hail our leader Cap28

Hail!!

[quote author=isale_gan2 link=topic=842457.msg9946504#msg9946504 date=1326332559]Here's another oreo trained by IMF - Ouattara the eunuch, the African tool of Sarkozy and his zionist buddies. Imagine if during the struggle with gbagbo, a picture had been released of his "wife" being subjected to the treatment Mrs. Gbagbo was.  And we had Nigerians on this silly site full of even stupider Africans hailing the behaviour and their neo-colonial masters.[/quote]Can you identify the light skin boy in this pic. Who is he? What traitor slept with Jaqueline Chanoos   a citizen of the colonial regime that  is oppressing Ivory coast.

Hang the traitor, ENEMY!!!!

cap28:
i
we need a revolution.

Closet marxist is talking about revolution. Thought it was impossible in a nation divided.

Come home and come lead the revolt CAP28. We are waiting.

ALL HAIL Comrade Cap28

Hail!!