My family went into exile for bank consolidation to be achieved - Soludo
A former Governor of the Central Bank of Nigeria, Prof Charles Soludo, has said his family went into exile beacuse of several threats to their lives when he introduced the banking consolidation policy in 2004.
He added that he received 19 written threats to his life following that policy.
Soludo stated this in an interactive session with some journalists in Awka, the Anambra State capital.
Soludo, who is contesting for the Governorship of Anambra State on the platform of the All Progressive Grand Alliance, said a good leader must be adamant and revolutionary when embarking on progressive policies.
He said, “I am a very impatient person to see change happen and I am passionate in anything I focus on.
“At that time, no bank in Nigeria was in the top 1000 banks in the world. If you needed to make an investment of $500m, you had to go through the then 39 banks and it was an impossible task. If you wanted to borrow abroad, there was no bank here to guarantee that.
“So, I came to the realization that if we wanted to build a private sector-driven economy, it was not possible with the rickety ‘mama and papa’ banks, which could not guarantee even N3m loan. We, therefore, needed to pull down the house and rebuild it.
“There was nothing I did not see. I received 19 written threats to my life. Even there were attempts to kidnap my children at Offa in Kwara state. So it was a very brutal revolution. I had to evacuate my family during the banking consolidation because when you want to uproot a system, it is usually a deadly routine.
The Professor of economics said his quest to govern the state was not for personal enrichment as God had blessed him all round,even before he became 30 years.
He said," I have finished with the world, and I have also done my bit in Nigeria. I now want to help develop my own state. I am not running for this election so I can make money, or so I can enhance my CV. I am in this race to develop my home state.
“If anyone thinks that governance is about going to Abuja to collect money, use part of it to pay workers and use the rest to award contracts, then that person is mistaken. If that is what governance is about, I won’t be in the race because that is something my grandmother can do.
“We are talking about using our contacts all over the world to generate funds that we can use to develop our state at little or no cost to us. It is something I can do.
“We have touched many institutions and they changed, and it is time to touch Anambra. After all the work I have done in various places, I asked myself what else I can do as a sign of gratitude to God, and I said, let God use me as a gift to change Anambra State. That is why I am running for the governorship.
chai! I really suffered for that policy though a good decision. I was working as a poor security guard then in one of the affected bank( Hallmark bank) I remember how bank staff will hide and allow customers to beat me up. I had a first hand information about that policy. I suffered to the extent I insist that I must use it a my project topic during my Nd(2004/2005 bank consolidation and recapitalization in Nigeria)but my useless project supervisor reduce to approve it, after spending some money for research
randytt1: Rochas was/is a good man. If not greed I don't know what some people are looking for in politics. These free education schools he built most of them even before he started contesting for presidency back then in 2007 and later became governor. I used to hear about him back then so much. Everyone loved him. He was known for philanthropy. His foundation is used to sharing money and gifts to orphans, different market women groups and so many other people.
TBF Rochas could afford to build the disputed hotel and university in Imo State in multiple fold even without venturing into the mucky waters of politics.
Rochas really spoilt his name and lost the goodwill and love people had for him when he became governor and decamped to the witches coven called APC and above all started acting like someone who's possessed. He could have stayed neutral and become an elder statesman and respected billionaire of Imo like Iwuanyanwu and as Authur Eze is pretending to be.
Also he fumbled by presenting Uche Nwosu. If he presented a different person as his successor he could have easily won the election and then Uche Nwosu can come in after 8 years of the person.
I think you don't know rochas. Go and ask Obasanjo. Never have pity for Rochas
capitalzero: Innocent people are arrested to justify million of naira spent in the operation. If you think those people paraded are esn members, you need psychiatric care.
don't my all these mums. Government should free all those elderly women
This man just need this money badly. The day will be Osama bin laden brother want to join herdsmen. I don't blame him. I only blame Nigeria and the media that is giving him this attention
SUPOL: They ended up bringing him to limelight. Those that betrayed Christ helped him achieve his purpose.
when you see people that have the interest of his people at heart, you will. Sunday should be strong. Freedom is not easy. It is painful most when you are betrayed by people that you trust most. That exactly what Nnamdi kalu is going through. But Nnamdi kalu was man
guass: You guys are bragging! In Ohorho, a suburb of Ughelli, Delta State, 70 farmers were massacred by fulani herdsmen. In my community, a woman and and her daughter were raped in their farm by the Fulanis. In all the atrocities the Fulanis are committing, how many times have they been asked for compensation? BELIEVE IT OR NOT THE YORUBAS HAVE A BIG ROLE TO PLAY IN THE ACTUALISATION OF THE DE-AMALGAMATION OF OUR SCAMMED UNION
jlinkd78: When you follow Rochas oratory prowess u will think who is this saint not knowing this was a man that also ruled Imo for 8 years openly acquiring properties and amassing public wealth at d expense of the poor. Most of us truly ensured Ohakim never returned and even kept vigil back then at d Phc Rd Inec office when Nzeribe and his magic results from Oguta wanted to change d tide in favor of Ohakim against Rochas. That was in 2011. Everybody saw Rochas from his philanthropic background and then being under APGA party he was an Igbo darling. The rest of his misrule especially with his substandard roads is history. It's his determination to foist his son-in-law on us that created d situation where Imo is now being ruled by a confirmed 419er Supreme Court Governor against the Ihedioha they elected.
Rochas good orator but a 419ner like home. Nothing last forever. Let him cry till death
gidgiddy: Governor Ortom of Benue has lambasted the Federal Government for banning IPOB, but refused to ban Killer herdsmen. The Governor questioned what IPOB did to be banned compared to killer herdsmen who are killing people all over Nigeria
Governor Ortom urged the Federal Government to arrest the leadership of Miyetti Allah for taking responsibility for the killings, maiming and rape of people. He wondered why the government of Buhari has never criticised the Fulani herdsmen, but rather romances with them while disarming the general public and allowing the herdsmen to carry AK47.
He accused the Federal government of being biased and unfair in handling the herdsmen crises in Nigeria. Ortom wandered why a sitting Governor would give a seven day ultimatum to herdsmen and the Federal Government swiftly came out to counter the Governor. Ortom said that many people are not talking because they would send EFCC after them but he insisted that as Tiv man, he would not be a slave to the Fulani herdsmen
Governor Ortom warned the Federal Government to tackle the Fulani herdsmen menace urgently or it could lead to the break up of Nigeria
thank you so much governor. It is only evil people that will support the federal government. I know the bitter people that always support evil in this country. One day nemesis will catch up with them. I think it has already catching up with them already. Any person, tribe or region that intentionally supports evil will never go unpunished. Even me, any day I intentionally support evil again may it not be well with me. Hatred will those that hate igbos
Chiminemine: Hello guys. I just received one of the biggest insults of my life today in church.
So I went to church today and along the line, I decided to scroll through NAIRALAND a little bit because the sermon was a little boring. So as I was pressing my phone in peace ohhh, one usher just came to where I sat and taped me. as I looked at her, she stretched her hand out signaling she wanted to sieze my phone. At first I was confused because where I was a lot of people where operating their phones but she didn't approach them. I didn't want to insult her or create a scene so I just lied that I was sending someone an important text. Then she said I should be quick and put out the phone, That if I were in a lecture hall would I use my phone in the presence of the lecturer? So I obliged. I experience similar scenarios a lot in my life and it makes me sad sometimes. Sometimes, teenage boys would be interacting with me as if I am in their age grade. My peers wouldn't want to be around me because they would feel I am just a kid. I can't get a girlfriend because girls look at me like their younger brothers. this has turned me into a full time introvert . I am really hurt. Even my own father uses my statur to insult me at times . It's only by my thick voice that people can tell that I am grown up and thats not enough.
Guys please help me, I need advice. I am 20 years old and 5 foot 8 inches tall.
from my own analysis you still behave childish both in words and actions. you need to start learning how to behave maturely. What matters is not the size of your body but how you interact and react to societal issues. If a child washes his hand very well he will dine with elders
Greenback: That thread that mugu opened has been closed down....but I saw you posted something like the mugu was deported from Turkey nd that you have the video... please if you upload it, kindly tag me,thanks
I am also looking for it. That boy is a fool. I will try to get the video
istina: In the it's the innocents that would suffer most Those who orchestrated it are somewhere safe outside the country with their family. The gullible ones will never use their brains.