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Mujila's Posts

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ComputersRe: Why OLPC Project Failed In Nigeria by mujila: 1:20pm On Nov 30, 2013
I dont know where you got your info frm but I blvd if u diggd a little deeper u will have discovered that the project failed virtually everywhere. Negroponte was being too ambitious and naive in thnkn that handing over latpops to chldren will bring abt it revolution. Addntlly d laptops were custm made thus parts were too xpnsv. The project was doomd to fail from d onset.
CultureRe: How Many Languages Can You Speak Fluently? by mujila: 5:37pm On Nov 09, 2013
Hausa,English,French and a little Turkish and Arabic
SportsRe: Nigeria Vs Burkina Faso - AFCON 2013 Final (1 - 0) - On 10th February 2013 by mujila: 9:19pm On Feb 10, 2013
thank God Goodluck is not there!
TravelRe: How Many Countries Have You Visited In The World. by mujila: 12:21pm On Oct 18, 2012
Saudi Arabia,UK,Senegal,Ghana,Benin,Niger,Singapore,UAE and Turkey
PoliticsRe: Attackers Kill 9 Construction Workers’ In Maiduguri by mujila: 8:03am On Jul 03, 2012
The story is actually not complete as the source delibratly ( or otherwise) failed tomention the fact that the murdered workers were constructing a mosque!
TravelRe: Air Nigeria Grounded For Safety Checks by mujila: 1:57pm On Jun 13, 2012
The post strike audit of nigeria is a standard practice in civil aviation to ensure safety standards. The audit has been concluded and flights are resuming tomorrow. The audit was as result of the strike action emabrked by the local branch of NAAPE as aircrafts were grounded for more than 4 days. It has nothing to do with Dana crash or Nnorom's allegations.
PoliticsRe: "Air Nigeria" Is A Flying Coffin, Former Executive Director Says by mujila: 10:12am On Jun 05, 2012
This Nnorom guy is very funny,he sacked so many people in Air Nigeria with impunity,he even used to call Barr. J I ,daddy. Now that he is fired and arrested for theft he is making all kinds of allegations!
RomanceRe: Another Beautiful Couple by mujila: 11:50pm On Apr 21, 2012
R u guys sure there is no syndicate behind these marriages to old white women for papers!
RomanceRe: Which Profession Is Likely To Have More Flirts? by mujila: 11:56am On Apr 20, 2012
Pilots definately!
PoliticsRe: Friday Should Replace Saturday As Work Free Day To Ensure Religious Balance by mujila: 10:16am On Apr 14, 2012
The Quran directed muslims to stop whatever they are doing to go to the mosque on Friday and thereafter continue their business. Muslims are not hindered from performing this act therefore to me there is no point on declaring Friday a work freeday! In fact some islamic schools have introduced lessons on thursdays and fridays in place of saturday and sundays so that the students can have the whole of the weekend off!
PoliticsRe: Worshippers Kill Suspectedfleeing Church Bomber by mujila: 12:08pm On Feb 28, 2012
Christianity EtcJonathan And The Security Of Nigerian Christians by mujila(op): 8:38am On Jan 10, 2012
CelebritiesRe: Nollywood Actress,chika Ike Survives Ghastly Motor Accident by mujila: 9:30am On Dec 10, 2011
One thing i knowis tyat this is definately a CRV But ghastly I don't!
TravelRe: FG Slashes British Airway's Flights To Nigeria by mujila: 3:25pm On Nov 03, 2011
Some much ignorance on Nairaland! Lol
TravelRe: FG Slashes British Airway's Flights To Nigeria by mujila: 11:47am On Nov 03, 2011
Arik is only crying wolf as they can not compete on the route. No passenger will like to cramp himself in a 737 with no inflight entertaiment for a long journey with the fares Arik is charging. Their flights have registered less than 25% loads which means they were bleeding on the route. The issue of slots at Heathrow is a known factor,virgin nigeria then could not get slots but decided to fly to Gatwick which they did with a level of success. If Arik can not get slots in Heathrow why fly there,move to Gatwick orLondon city airport and convince Nigerians to patronise their own carriers! If the govt is serious let them pass a law that will stop any govt official from flying a foreign carrie rif there is a local carrieir that service that route! This is just nonsense!
TravelRe: Travelling From Nigeria To Niger Republic by mujila: 7:30pm On Oct 29, 2011
You can go to Cotonou,from there you can get a flt to Niameyif thats your destination? Its almost 12 hours by road from all thenorthern states that have a border!
ComputersRe: Why Is Internet Access So Expensive In Nigeria? by mujila: 9:11am On Sep 06, 2011
5 gig in Dubai is around 300 dhs which is around 11k naira. 6 gig is 7.5k on glo! The service is not that good on du!
RomanceRe: Where Did You Meet Your Sweetheart? by mujila: 6:02pm On Sep 05, 2011
Met at Secondary School. I was in form 5 She was in 4! Been married for 6 six years now with two kids!
BusinessRe: London Retailer Shop Adopts Hausa Language To Woo Customers by mujila: 10:35pm On May 28, 2011
Hausa is the most popular language in Nigeria! It's just a logical decision unless one is blinded by tribalism!
PoliticsRe: My Name Is Almajiri: A Story by mujila: 12:35pm On May 27, 2011
The issue of begging (Almajiri) has nothing to do with Islam. It is just that some parents do not want to take responsibilities for their children and it is very unfortunate. Another factor is poverty,excessive poverty! You will be suprised to know that these children wearing over sized clothes, walking without shoes are doing much better than in the confines of their parents homes (materially but a child needs the love of his parents). We have a problem in the north,a serious one which we need to address and its true the earlier the better.
PoliticsRe: Emir Tongue Lashes Vice President Over Lateness To Palace by mujila: 10:04am On May 25, 2011
Guys the article missed a very important point! The V P failed to apologise for his lateness which was the main reason that annoyed the Emir.
PoliticsRe: N7.65bn Presidential Jet Arrives by mujila: 3:43pm On Mar 25, 2011
Nairaland GeneralRe: What's Your Addiction ? The Things You Can't Go A Day Without ? by mujila:
None
PoliticsRe: Yar'adua's Mobile Ambulance Arrives by mujila: 3:15pm On Jan 25, 2010
Actually the ambulance came to Kano on Saudi Airline some days back but could not be offloaded due lack of equipment.
BusinessN516bn Fresh Scams Uncovered In Three Banks by mujila(op): 10:23am On Oct 14, 2009
Startling revelations came on Tuesday that some bank chief executive officers sacked by the Central Bank of Nigeria for poor corporate governance and reckless credit management, may face fresh charges.

It was reliably gathered that a fresh scrutiny of the books of three of the banks—Oceanic International Bank Plc, Intercontinental Bank Plc and Afribank Plc – revealed fresh loan scams totalling about N516bn.

The N120bn hole discovered in Afribank was due to losses incurred in trading in its own shares.

Our correspondents gathered that a report from the new Managing Director of Afribank, Mr. Nebolisa Arah, revealed that the N120bn loss was as a result of a N20 diminution in the value of about six billion shares of the bank bought by the bank itself through Falcon Securities.

Shortly after a source disclosed this to one of our correspondents on Tuesday, the CBN Governor, Mr. Lamido Sanusi, told the Senate that one of the two sacked bank chiefs had two aircraft and had paid for another two before the CBN axe fell.

Our source, who is close to the apex bank investigators, claimed that Oceanic Bank, whose sacked managing director, Mrs. Cecilia Ibru, is being prosecuted by the Economic and Financial Crimes Commission, had fresh non-performing loans of about N235bn.

The loans, according to him, was traced by investigators to companies owned by Ibru herself. He added that the loans were given out at ridiculous terms that made repayment practically impossible.

About N160.7bn loans were earlier said to have been given out by the former Oceanic bank chief to her cronies and associates.

Ibru, according to reliable sources close to the investigators, also “unethically” paid N825m to a company owned by her daughter as a 10-year rent on a property along Ikorodu Road, Lagos.

When asked to name the companies that the loans were given and the one owned by Ibru’s daughter, the source said, “There is a four-page list. You will not find her (Ibru’s daughter) name on it. Many shell companies, others owned by Dele Oye and Nana Abdullahi. They even bought some other companies from people and used them for their loans.”

The source added that a fresh N160bn loan loss was also discovered in the books of Intercontinental Bank. According to him, the money was linked to market losses on Intercontinental shares bought by the subsidiaries of the bank.

He added that some directors of banks whose CEOs were sacked owned shares in the banks which they did not pay for.

Apart from Ibru, three other former bank managing directors — Mr. Okey Nwosu (Finbank); Mr. Sebastian Adigwe (Afribank); and Mr. Bartholomew Ebong (Union Bank), are facing trial on five separate 131-count charge, bordering on fraud, concealment and granting N625.95bn loans without adequate collateral.

The fifth, Mr. Erastus Akingbola of Intercontinental Bank, is on the wanted list of the EFFC.

Seven non-executive directors and members of board of directors of Intercontinental Bank Plc, Dr. Raymond Obieri; Mr. Hycinth Enuha; Mr. Christopher Alabi; Chief Samuel Adegbite; Alhaji Isyaku Umar; Mr. Bayo Dada; and Mr. Sani Adam, were also arraigned by the EFCC.

Also arraigned were three bank debtors — Mr. Peter Ololo, Mr. Henry Onyemem, and Mr. Niyi Opeodu.

Our source’s disclosures tallied with Sanusi’s defence of the shake-up in banks, where he reiterated that the activities of the sacked chief executive officers of banks were shocking, unprofessional and capable of destroying the entire industry.

Sanusi, at a closed door session with the Senate, also claimed that he rejected a Greek gift of N3bn from a group shortly after he assumed office.

He did not name those who tried to offer him the bribe.

The President of the Senate, Mr. David Mark, had said on September 29 that Sanusi would be invited to brief the Senate in a closed session because the matter was in court.

A senator, who spoke with one of our correspondents on condition of anonymity, said that the CBN chief told the Senate that the banking sector would require about N1tn to fully stabilise.

He added that there was the need for the Federal Government on behalf of the CBN, to approach the National Assembly for a legislative action on the N1tn needed.

The senator also quoted Sanusi as saying that Ibru gave out N235bn unsecured loans ; had two jets and had paid for additional two before her removal from office.

He said that Sanusi wondered why a bank chief would give out N235bn loans when the bank had a capital base of N300bn.

Part of the money, Sanusi allegedly said, was used by the executive to acquire two of the jets.

The lawmaker also credited to Sanusi as having said that the sacked directors of Intercontinental Bank approved a loan of N8bn each for themselves.

He said that the removed directors used the money to acquire about 50 per cent equity holding in the bank.

The senator added that Sanusi told the upper arm of the National Assembly that the rot in the banking sector when he took over offered him two choices.

First, to compromise and allow the system to collapse, in which case, depositors will suffer.

The second was to take the path of honour by doing the right thing if it meant stepping on toes, and to stabilise the system.

But he said that he decided to choose the latter.

In response to a question as to why some banks appeared targeted, the CBN governor reportedly said he had to make the best out of a terrible and potentially dangerous situation.

The senator said, “He gave us a scenario to illustrate his point. He said, he found himself like a person who got into a community ravaged by cholera.

“He found some children who are critically ill and others who are ill but can survive a few days.”

Sanusi, he said, was faced with the choice of trying to treat all of them at once using scarce resources, in which case he risked losing everything or treating the critically ill first, before proceeding.

When contacted, the Senate spokesman, Mr. Ayogu Eze, described Sanusi’s revelations as “startling” and “sobering.”

He said, “What I want to say for now is that revelations coming from the briefing given by the Governor of the CBN are sobering and a lot of our colleagues were really disturbed by the magnitude of the malfeasance and things that have happened in the banking sub-sector.”

Eze explained that the CBN governor would return on Thursday to shed more light on the allegations.

He also said the Senate was pleased with the action taken so far by the CBN governor in the light of his revelations and explanations.

The Senate spokesperson however said the Senate would withdraw its support if, at anytime, it found facts to the contrary.

He said, “So far, members of the Senate are quite satisfied with the way the governor has done his job, and with the way he has handled the assignment up till the briefing today (Tuesday).

“So far, we are very pleased that he had to intervene at the time he did to save the country from embarrassment.

“The facts available to us are really sobering and I am sure that at the appropriate time, when we get the facts, we will come and release some of those facts so that Nigerians too will share and see why the Senate is solidly supporting the actions of the governor of the CBN and encouraging him to do what he has started in cleaning up the financial sector and straightening things out.”

On why the discoveries were just being made, Sanusi told one of our correspondents on Tuesday that the revelation was the outcome of the work of forensic auditors.

He said, “Don’t forget that we have been in the banks since august 14. We have just concluded it, it takes time.”

Spokespersons of Oceanic and Intercontinental banks declined comments when our correspondents contacted them on telephone for comments.

(Source:Punch)
TravelRe: Is Virgin Nigeria Fraudulent? I Cant Understand Their New Tactics by mujila: 1:54am On Apr 17, 2009
As GUK rightly stated am sure the poster's booking got cancelled before he made payment. Airline have ticketing time limit.
Nairaland GeneralRe: Nairaland Census: Your State by mujila: 11:28pm On Jan 02, 2009
Am posting from Kano.
AutosRe: Do Not Buy Any Used Vehicle Without Checking Out The Vin ! by mujila: 11:48am On May 15, 2008
Hi,Can you pls help me check this VIN
2HGEJ6625YH516491
God Bless U
AutosNew Chinese Regional Jet Under Assembly by mujila(op): 6:58pm On Nov 06, 2007
Final assembly of the first Chinese developed commercial jet,the ARJ-21, began Friday morning in Shanghai with the first 90-seater plane expected to roll out of the workshop at the end of the year.

I work for an airline company and will like to find out how you will feel about flying in a chinese aircraft!

Jobs/VacanciesRe: What Time Do You Resume / Close At Work? by mujila: 10:03am On Mar 30, 2007
I resume at 6:15am and close by 1:00pm

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