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Nabiz's Posts

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Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 8:30am On May 20, 2019
Vydu
Health › Re: I'm Feeling Too Depressed Lately, Is There Any Substance That Could Help by nabiz(m):
Bros pls can can u chart me on 08135884401. Pls note I am not going to give u money or anything. I only have council to give and believe me you will not regret it because I was once in your shoe.
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 9:25am On May 18, 2019
Bdh6
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 1:23pm On May 17, 2019
Hrtuk
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 7:54pm On May 15, 2019
Hsuie
Politics › Re: What Will You Fix First If You Happen To Become The President Of Nigeria Today? by nabiz(m): 12:37pm On May 15, 2019
Social injustice and unity of the country
Politics › Re: Should 13% Derivation Be Paid Directly To Oil Producing Communities? by nabiz(m): 10:59am On May 15, 2019
As federal government owns state, that is how state owns the community
Politics › Re: Ondo To Focus On Marijuana Market - Akeredolu by nabiz(m): 10:23am On May 15, 2019
Generalkorex:
It cheap. But what will you be doing for living
I need licence to grow it
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 8:40am On May 15, 2019
Jfug
Politics › Even armed robber de Complain For This Covernment by nabiz(op): 10:20pm On May 14, 2019
.from laugh doctor

Politics › Re: Ondo To Focus On Marijuana Market - Akeredolu by nabiz(m): 9:12pm On May 14, 2019
Offpoint:
Cheaper than 2 wraps of weed, if you're relocating for the purpose of weed I'll gladly accommodate youcheesy
on do state here I come
Politics › Re: Senate Threatens To Shutdown Bet9ja by nabiz(m): 9:07pm On May 14, 2019
Supported
Politics › Re: Ondo To Focus On Marijuana Market - Akeredolu by nabiz(m): 1:03pm On May 14, 2019
Good idea. I think I Wil relocate to ur state. How much is house rent in that state.
Politics › Re: A Call For The FG Ban On Snipper Insecticide by nabiz(m): 1:00pm On May 14, 2019
lordlugards:
Snipper Insecticide has cause more human death than we could imagine. Everyday people in Nigeria sees it as an easiest way of ending their life. (committing suicides) And to me it has reached its epidemic and federal Government should as a matter of urgency do something.

The manufacturer should be pressurized to look for a away to make it harmless to human consumption, or the FG should place a ban on the item.

Parents are loosing their children everyday to this dangerous substance.
mummy call. What about people that hang themselves on ceiling fan and three, even people that jump inside river. Instead of blaming yourself we will blam innocent snipper
Politics › Re: Niger Deltans Leader Enslaving Their People by nabiz(m): 9:30am On May 14, 2019
Not only niger delta. It is all part of the country the rich get richer. The more you get richer the more our constitution becomes your friend
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 9:11pm On May 13, 2019
Vie
Politics › Re: BREAKING: Stop Using Me For Comedy - Buhari Tells Nigerians by nabiz(m): 2:16pm On May 13, 2019
Bros na joke na. How you won make guy take shop
Politics › Re: Ministry Of Health Should Investigate Cases Of Death In All Federal Hopsitals by nabiz(m): 1:58pm On May 13, 2019
Very bad. That's is why I don't take my family to anything government. The mistake I made was to go to public school. Non of my family by the grace of God will do public both hospital and school
Politics › Re: BREAKING: ‘i’m Wiser Now’ - Ambode Tells Buhari by nabiz(m): 1:37pm On May 13, 2019
Mmmm
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 1:28pm On May 13, 2019
...hellloooooo
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 8:30am On May 13, 2019
..happy New week
Politics › Re: Cbn Will Pursue All Legal Means To Bring Perpetrator Of Fake Audio To Justice by nabiz(m): 7:43am On May 13, 2019
sarrki:
Against the FAKE Sahara Reporters news allegedly exposing a wire tapped conversation between the Governor of Central Bank and one of the Deputy Governors,.....

www.cbn.gov.ng
CENTRAL BANK OF NIGERIA
Press Release!!

No monies Missing, Stolen in CBN

The Management of the Central Bank of Nigeria (CBN) has been notified of a purported audio recording of selective conversations amongst the Governor, Deputy Governor and some Senior Officials. Contrary to the headline-grabbing narrative that the discussion was about a fraudulent transaction, this conversation - the beginnings of which was omitted to create a different impression - was simply to proffer solutions to a misunderstanding that affected the Bank’s balance sheet.

As publicly known the CBN was approached in 2015 by the National Economic Management Team and the National Economic Council (NEC), chaired by the Vice President, to assist State Governments with Conditional Budget Support, in the aftermath of the significant nose-dive in global oil prices and associated FAAC allocations.

In order to ensure that ordinary Nigerians workers got their salaries, pensions and gratuities, and that the economy continued to recover from recession, the Bank provided about N650 billion in loans at 9% with a two-year grace period to 35 States of the Federation.

These monies were distributed to the States monthly with documented approval of the Federal Ministry of Finance and the Presidency.
In closing the Bank’s 2018 accounts, external auditors in their Draft Account, erroneously classified about N150 billion of these loans as bad, which negatively affected the Bank’s Balance Sheet and shareholders fund.

The selective conversation being circulated was simply a discussion to ascertain why the auditors took that position and next steps to resolving it. Obviously, it soon became clear that a State Government loan cannot be classified as “bad” or “irrecoverable” when the State still exists and getting FAAC allocations.

The Bank then reached out to the Federal Ministry of Finance and they jointly gave comfort to the auditors who accepted in writing that these monies would be repaid. On this basis, the auditors reversed the negative entry and the certified that the CBN’s 2018 accounts were a true reflection of the State of Affairs.

Reconciliation of Balance Sheet items are regular conversations amongst Senior Management of many agencies and should not be misconstrued as anything but that. Had the online media which released the selective recordings sought the comments of CBN as required of journalism practice, we would have provided it.

Clearly those who listened to the audio and can easily ascertain that the conversation had nothing to do with anything fraudulent as purported. The Bank therefore urges all well-meaning Nigerians to disregard this audio and continue to trust that the Bank is doing everything it can to represent their interests in the best possible way.

Under the leadership of Governor Emefiele, the CBN has always stood for, and vigorously pursued transparency in its stewardship of public resources and policies. NO MONIES ARE MISSING OR STOLEN. The integrity of the CBN Governor remains unassailable.

He has no account in Dubai or anywhere in the world and would never convert the funds of CBN for personal use. Not in the past, not now and not ever. The use of selective wiretapped conversations of the Bank’s Management, to malign his character and integrity will never stand.

The Bank will pursue every legal means to bring the perpetrators to justice.
May 12, 2019
Isaac Okorafor
Director, Corporate Communications



Cc lalasticlala

Cc mynd44
I can bet my life that the caller leak that tape grin.
Politics › Re: How Do I Contact EFCC And How Much Will It Cost by nabiz(m): 3:32am On May 13, 2019
Why efcc? Abu you and your uncle had a deal and he refused to give you your own share. You don't need efcc in this matter. Take him to police or court
Politics › Re: Please I Need Help On This Matter (very Urgent) by nabiz(m): 8:29pm On May 12, 2019
Emmanuel09218:
[color=#000099][/color]see below
it seems we go abandon nairaland for you alone
Politics › Re: Senator Adeleke And Senator Dino Melaya Dance Their Life Out (video & Pics) by nabiz(m): 6:08pm On May 12, 2019
I love it
Christianity Etc › Re: Detailed Description Of Hell And Paradise By Angel GOD In The Book Of Esdras by nabiz(m): 10:31am On May 12, 2019
Which book is this (2 esdras 7:75-10)
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 7:23am On May 12, 2019
Gjkbc
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 1:39pm On May 11, 2019
Hkde
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 12:25pm On May 11, 2019
He.lloooo
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 6:53am On May 11, 2019
Nfwy
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 8:16pm On May 10, 2019
Obtd
Properties › Re: For Your Increte (decorative Stamped Concrete Floor design in Ngeria) Pictures by nabiz(op): 5:20pm On May 10, 2019
Hfs

1 2 3 4 5 6 7 8 ... 92 93 94 95 96 97 98 99 100 (of 172 pages)