₦airaland Forum

mikeansy:
suffer from what?

Mallam ndu_chuks grow up!!!!!!!!!!!!

I have not made any post on this thread? Do I have that much effect on you?

edoyad:
so too did Saleh Maina dissociate himself from the murders in jos but we know better, don't we ?

Are you trying to say that Akhigbe's statements are dishonest? Please explain what you mean.

Many of NL supporters of MEND are quick to invoke the name of the great Wole Soyinka as endorsing MEND and its criminal activities because he is a member of the Aaron team charged with the negotiations with the Federal Government on its demands for peace in the Niger-Delta region.

These NL MEND terrorists have no regrets whatsoever for the terrorist activities of MEND including the cold blooded murder of innocent ND citizens.

Well, members of the Aaron team have started to dissociate themselves from MEND in light of the recent criminal bombing perpetrated by MEND.

I know nothing about MEND’s operation – Akhigbe

LEADER of the Aaron team of the Movement for the Emancipation of the Niger-Delta, MEND, and former Chief of General Staff, CGS, Vice Admiral Mike Okhai Akhigbe (rtd) has confessed that he knew nothing about the modus operandi of the militant group.

Speaking to Vanguard, yesterday, on the abortion of its two-day post-amnesty dialogue  in Warri by the militant group, which detonated two bombs, 200 meters away from the Government House Annex, Warri venue of the talks, Vice-Admiral Akhigbe said he has not even been able to contact either Henry Okah or MEND since the incident.

He said Henry Okah is not based in the country, but, in South-Africa and that had made the line of communication between the two of them difficult in the past few days.

In his words,  “My brief with MEND has nothing to do with its operational method; it only has to do with the negotiations with the Federal Government on its demands for peace in the Niger-Delta region”.

The former PDP presidential aspirant was invited for the Vanguard post-amnesty dialogue and was due Warri on Tuesday for the conference, but,  the bombs were detonated on Monday, the first day of the programme.

Henry Okah, who is the assumed leader of MEND, told Vanguard when contacted few minutes after the explosions in Warri that information about the bomb blasts had just reached him. He asked for time to find out what happened.

Spokesman of the militant group who was also contacted by Vanguard  on why it aborted a post-amnesty dialogue by the paper, the media pace-setter on the Niger-Delta struggle, said it had no comments to make and no apology to make to anybody for its actions.

More outrage in N-Delta over bomb blasts
THERE was more outrage in the Niger- Delta yesterday over Monday’s bomb blasts by the Movement for the Emancipation of the Niger-Delta, MEND, that disrupted two-day post-amnesty dialogue organised by Vanguard Newspapers.

Former national chairman of the Traditional Rulers of  Oil Minerals  Producing Communities of Nigeria, TROMPCON, His Royal Majesty, Pere Charles Ayemi-Botu said, “I want to condemn in its entirety the bomb blasts in Warri, knowing fully well that the main plank of the two- day talk-shop was to remind both the State and Federal Governments not to consign the post-amnesty programme to the dust bin, but to fast track and pursue it vigorously in order to provide the much needed human capital and infrastructural development in the Niger Delta region.
On its part, the president of the Ijaw Youth Council worldwide, Dr. Chris Ekiyopr condemned bombing the venue of the conference, saying, “The council strongly feels that the action amount to shooting oneself on the foot if the claim by MEND is anything to go by”

“Such conference aimed at forcing the government to action and organised by Vanguard should have been a welcomed event by all as its outcome would throw new challenges for the government.

“Those behind the bombing certainly don’t want the crisis to end, I thought such aggrieved group, whether MEND or any other group, should have seized the opportunity to bring quality debate to the forum that can help drive the process further. It is even more appalling that MEND that enjoys so much media attention via the efforts of Vanguard will make a Vanguard programme its target”.

Why did Dora Akunyili, the former minister of Information and communication, give her usual briefing following the FEC meeting? Jonathan probably gave her some sort of assurance that she'll return to her post.

[quote author=OYB_MEND link=topic=414102.msg5711895#msg5711895 date=1268835294]In the light of the fact that this same CBN Governor sacked bank CEOs without due process. I think denying people licences for whatever made up reasons is a lot easier[/quote]Correct me  if I'm wrong, but wasn't the sacking of the CEOs within the legal authority of the CBN. So far, none of the sacked CEOs has been able to reverse the sack because there was nothing illegal about it.

[quote author=OYB_MEND link=topic=414102.msg5711895#msg5711895 date=1268835294]Yes there are regulations in US and we also want regulations here but there is no world major economy phasing out Universal Banking. Ben Bernanke has not told anyone not to engage in Universal banking because of recession. neither has Mervin King. so where does Sanusi learn his own economics from?[/quote]You sound as if all the activities involved in universal banking have been banned by Sanusi.  That's not the case as I understand it.  Banks are still allowed to practice universal banking, within the new licensing framework as opposed to the current single UB license regime.

[quote author=OYB_MEND link=topic=414102.msg5711670#msg5711670 date=1268833446]But what Sanusi is trying to do is to pick and choose for banks like UBA and Intercontinental what Business Interests they can pursue and what they can't. All he needs to do to achieve that is to deny them licences or withdraw certain licenses if they aready have them.

This is not monetry regulation, this is just the kind of behaviour you witness with dictators because they want to ration who gets what. Thats unacceptable because ours is a free market economy.

This is pure communism.[/quote]Do you really believe that the decision to deny or withdraw licenses is solely made by the Governor of CBN? Do you actually believe that there will not be publicly announced parameters for obtaining these licences? Are you aware that the USA, arguably the freest market economy, has thousands of regulations for conducting businesses and that virtually every industry is regulated? I'm not really following your reasoning.

SapeleGuy:
Ndu_chucks - I think your precondition for phase 1 is unnecessary because the very idea of having a sovereign national conference is a commitment to not breaking up - it is trying to establish how we can live together as equals in peace, unity and prosperity.

A lot of people may not share the view that the very idea of having a sovereign national conference is a commitment to not breaking up, this suggestion will ensure that we share ideas based on the said commitment. After Phase I, one would hope that Phase II may not longer be necessary.

The idea of a SNC for people like Dede1, for instance, is a complete break-up of the country.

Onlytruth:
I would never support violence against civilians and innocent people. My American/Igbo mindset tells me that it is better to free a guilty person than to harm an innocent man. The blood of the innocent cry loudest before God. On that alone, I could never support this.  
There are better ways of agitating.

You've been absolved of all the buffoonery you exibit on NL because of your principled stance above.  I salute you. olodo

Ibime:
Mugu, what the hell are you talking about 1958? You must be smoking seaweed. I think you are the only one who knows what you are talking about.

You came here chatting nonsense about innocent bystanders, now what do you have to say when confronted with the evidence that Delta State Governor is the only one unconcerned about bystanders? Idiot!

STFU and try and make some sense for once in your life. Imagine an idiot like yourself telling me about announcing the blast by internet. What do you have to say about the security services?

LOL, I should have quoted your response before it was edited.  The report you associated yourself with which you have since edited, stated "The crisis of Niger Delta was foretold in the Willinks Commission report of 1958 and failure to implement the recommendations of that report created what is happening now". Na you dey smoke weed.   Na for here you copy de report, olodo http://saharareporters.com/articles/external-contrib/5525-mends-warri-bombing-another-security-gaffe-and-price-of-uduaghans-callousness.html

Show some remourse and stop looking like a terrorist that you are, tell us the loss of life is regretable and you people are sorry for it. That's all.

@Ibime, shame on you for your lame attempt at blaming your criminal activities to the idea that the recommendations of some 1958 report was not implemented. You and your MEND criminals belong in jail, olodo.

Ibime:
^^^However many people died is State Govt's concern sef. They were given orders to evacuate the place and refused to do so.

How insensitive of you!! Do you think everyone heard of the warning - your reaction woild be different if the dead person is your close relative?  You criminal terrorists will pay for your crimes soon enough.

I hope Beaf and his cohorts are sorry for the unfortunate deaths caused by the terrorist acts of MEND's.

Doesn't it work the other way round? i thought diversification reduces risk and specialization increases it?

Ideally, one would expect diversification to reduce risk.  For example, a diversified investment portfolio is typically less risky than one that consists of say, investment in stocks of only one company. Well, diversification did not prevent recent banking problems - according to the CBN, it contributed to them.

In this case, CBN seems to be talking about the operational risks. Aparently, CBN blames exposures to these operational risks for the recent banking problems  - trillion naira non performing loans, 90% or more of bank loans going oil and gas or stock market transactions, and various abuses of the system e.t.c.  CBN probably believes that the said problems could be significantly reduced if not eliminated by the new scheme. Time will tell if the CBN is right.

Gekko:
im no banker, but isn't he simply trying to separate banks that combine traditional commercial banking with high-risk investment banking to protect customers? isn't this what triggered the recession in U.S?
I dont see whats islamic about it.

You are quite correct.

Lets hope Ojo Maduekwe will issue a very strong warning to Gaddafi to stop issuing irresponsible statements designed to meddle in Nigeria's internal affairs.

Additionally, one of our Frigates should commence exercises very close to Libya immediately.  

Pro Anti:
The Introduction of Islamic banking.

The disintegration of the "mega-banks".

A step towards the pre-Soludo era where everyone owned a bank.

I don't think the rationale for this is the introduction of Oslamic banking, Soludo had already started the process of introducing Islamic banking before he was replaced.

Here's the rationale given by CBN

Recent reforms in the sector revealed that the model which had been adopted over the years, authorizing banks to carry out all manner of financial services had exposed them to high operating risks. With the new model, CBN would now group deposit money banks into services -international banking; regional banking, national banking and Microfinance banking. Oni noted that any bank that wants to go into any of these banking services would be issued a separate license to guide its operations.

The CBN board must believe that the current model has completely broken down. For the sake of simplicity I'd say, it would be difficult if not impossible to carry out the abuses recently uncovered by Sanusi and others under the new system.  This new CBN action is a terrible slap in Soludo's face.

This is a dumb idea. What happens to Lagos, Ogun, and Oyo states that have 50% - 60% Muslim polulation - how do you split them along religious lines?

KnowAll:
If most people are ignorant of their rights fire brand David Oyedepo should know better, he is qualified to run since he comes from that zone, he is well learned and he is a political savvy individual who is aware what is happening in the country and what needs to be done.

So why are these guys shying away from their constitutional duties and giving the Buhari’s and IBB of these world an easy run for the Presidency, Wonders they say shall never end. [/color]

It takes more than having the right to run to actually win an election. These people have probably calculated that they cannot win a national election. A second reason may be that they are too unsophisticated to understand the political game in Nigeria. Even Gani and Pat Utomi couldn't win a single state in the last election.

Its not easy to form a new political party that can unseat PDP - the new mega party being floated has a chance but the potential candidates you mentioned cannot win the nomination of this new party.

CBN to phase out universal banking by September 2011

The Central Bank of Nigeria (CBN) will in the next 18 months phase-out the universal banking model which allows deposit money banks combine commercial banking and investment banking, enabling them offer a wide range of financial services.

With the adoption of the new model, each deposit money bank would be required to recapitalize according to its new business model and will be further issued a separate and specific license to guide its operations. CBN has also begun the review of prudential guidelines on banks which were last reviewed in 1990 and going forward, the guidelines will be appraised every five years to suit the changing environment of the Nigerian financial sector. Samuel Oni, CBN’s director of banking supervision, who announced this shortly after the 298th Bankers’ Committee meeting on Monday in Abuja also said that the review of the current edition of the guidelines would be completed before December 31, 2010.

Oni further affirmed that the plan to phase out universal banking was in line with the International Financial Reporting Standards and global best practices. Oni addressed journalists in company of Rejinald Ihejiahi, group managing director, Fidelity Bank plc; Kehinde Durotsinmi-Etti, group managing director-designate, Skye Bank plc, and Rilwan Bello-Osagie, managing director, First Securities Discount House Limited. Sanusi Lamido, Governor , CBN

Justifying the new plan, Oni explained that the recent reforms in the sector revealed that the model which had been adopted over the years, authorizing banks to carry out all manner of financial services had exposed them to high operating risks. With the new model, CBN would now group deposit money banks into services -international banking; regional banking, national banking and Microfinance banking. Oni noted that any bank that wants to go into any of these banking services would be issued a separate license to guide its operations.

CBN, he said, would work with all stakeholders including, the Corporate Affairs Commission (CAC), the Securities and Exchange Commission (SEC), the Nigerian Deposit Insurance Corporation (NDIC) and the National Insurance Commission in order to work out the best way to recapitalize the banks following the adoption of the new model.

“We have decided to ensure that the quality of the banks is enhanced, given this as a background, we will come up with a model that we believe would support that kind of stability.

“We are clearly reviewing the universal banking model and we are coming up with a structure that would help us make banks to do business in terms of assisting the economy.

“So on the basis of that, we have come out with a holding structure model for the financial sector and what that means is that we are advocating a structure we think will allow banks to transform all their subsidiaries into a non-operating holding company in which the bank would become a subsidiary of that non-operating financial holding company.

“We are going to be looking at how to work out the details in terms of the transition arrangement from what we presently have and we are going to have sufficient time of between 18 to 24 months to transmit into that framework. “We want a situation where banks will concentrate in banking activities and the way we will be doing it is that we will be issuing separate licenses to each model of banking. In order words, we will discontinue with the universal banking licensing regime.

“This means that we will issue a license for commercial, microfinance, regional, national, international, mortgage and investment banking businesses. We also recognize that there would be some specialized banking, like non-interest banking, agriculture banking and a separate license would be given for this purpose,” Oni stressed.

Also at the meeting, the Bankers’ Committee adopted the recommendations made by the apex bank at the last monetary policy committee meeting.

The committee, however, called for tax incentives whenever corporate bonds are issued by deposit money banks.

Source: http://www.businessdayonline.com/index.php?option=com_content&view=article&id=9292:cbn-to-phase-out-universal-banking-by-september-2011&catid=1:latest-news&Itemid=18

I propose that this SNC be discussed in two phases:

Phase I

This phase will be based on the assumption that Nigeria will remain one country; no break-up.

Phase II

This phase will discuss the conditions for breaking up peacefully, if majority of participants deem phase II necessary after discussing Phase I

Most people should not have objections to the proposal since its only an academic exercise, unless they have other ulterior motives.

Eziachi:
Who gives a noddy about where he comes from? Does he identifies himself as Igbo?
Ike Nwachukwu mother is a notherners and his father an Igboman, but during the war, he thought of himself as an Hausa man, his name then use to be Omar Sanda. And he joined in killing many Igbo/south East babies.
He only remembered his Igbo name when they posted him to Imo state as a military governor and looted Imo state in the process by taxing everybody from 6 years old kids to every adult in Imo with an unheard tax called SURVIVAL LEVY and then disappeared with the money.
One of those going into exile with a free Biafra tomorrow.

So I don't care where your Maina comes from, he is not where he is because he think of himself as an Igbo man.

Goodness gracious!!   

I don't believe you have the kind of forgiving spirit requisite for progress.  It is the same unforgiving nature of you people that allows you not to feel sorry for the middle belters killed during the recent Fulani attacks. Instead of showing pity, I recall you telling these people "Good morning". 

Your generation may have to disappear before Nigeria can move forward.  With people like you still around, every effort towards progress will probably be opposed. You are simply waiting for all hell to break loose in that country after which you'd fold your arms and watch with happiness. How are we sure you people did not plant Nkechukwu Maina to help ferment trouble?   

Afam:
Where is he from? Don't tell me he is Igbo oooo.

The same people/media houses circulating the rumour that he is Hausa, also claim that he is half Igbo and his mother is from Enugu state. Please try to verify or confirm this from your sources and let us know.

Eziachi:
GOOD MORNING Gen Domkat Bali!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Now you have realised that Hausa is the army chief, Hausa is the G.O.C, for forty years, we have a name for it, and that name is marginalization, just before everybody hijacked it and tainted it true meaning.

WELCOME TO TRUE Nigeria General!!

Eziachi stop gloating!

By the way the GOC is not Hausa.

Dede1:
These are baseless questions and hypothetical at best. I hope that mere mention of Biafra is not driving some people uncontrollably nuts. The poster of these questions was neither in Biafra nor Aba-made scientist as to discern the correct intentions of the answers. Effectiveness of some of the weapons tabulated in the post could be verified from the Nigerian soldiers that bore the brunt of the wicked effects of such technology.

Nigeria-Biafra civil war had unfortunately become part of history and must be visited as often as possible by the principals. If the said endeavor robs you the wrong way, I suggest you visit a beer parlor.

I'm yet to see you shy away from answering difficult questions and would appreciate your answers to any of the one posed. I dey wait.

Beaf:
That is the prayer of all oil parasites.
Fortunately, foreign countries are revulsed by the government sponsored human rights abuses in the Niger Delta and will NEVER classify MEND as terrorist.

Any organization which perpetrates crimes such as kidnapping foreign and domestic oil workers, blowing up assets partially owned by foreign countries e.t.c., is by default a terrorist organization from the US standpoint. MEND does not command enough respect to be mentioned directly as a terrorist organization by the USA or other foreign powers.

If you continue to believe, as you've stated several times, that when trouble starts, MEND will be treated with kids cloves by Africom, think again - you may be setting yourself up for a very rude awakening.

Katsumoto:
Agreed that it is not conclusive evidence but surely, you are not going to insinuate that Fulani herdsmen were working for a Yoruba or Igbo or Tiv or Jukun or Ijaw or any other tribe cabal?

I have no information to support the insinuations you stated above, I'm more inclined to believe that the Fulani herdsmen were not working for any of those groups but for themselves and what they may deem is their self interests.

una no dey tire? Eziachi don post the same quotes for another thread wey been almost start another war sef.

i don tire of many posters claiming directly or indirectly say dem get good motives, while posting incendiary and highly inflammatory statements, wey no get objective, except to ferment trouble. de kind posts wey dey here go always lead to cyber tribal battles.

@OP try answer these questions, biko.

(1)Could Biafra have survived to this day?

(2)Where did the Biafran war of survival go wrong?

(3)Did Ojukwu fight for Biafrans or for his personal interests?

(4)Is there any way that the Biafran secession could have been avoided?

(5)What role did the eastern minorities play in the Biafran struggle?

(6)Who actually killed Nzeogwu, Nigerian federal forces or a group of envious Biafrans?

(7)Did Biafran and Nigerian federal forces swap foods, women, and ammunition?

(What should be done to the living Biafran war criminals? (war criminals exist in every war)

(9)Where did the Biafran war leave the people of Eastern Nigeria? Is there any way out of it?

(10)To what extent did the Biafran army use chemical weapons in strategic battles?

(11)How effective were the Biafran-made weapons of mass destruction (Ogbunigwe and Flying Ogbunigwe) and self-guided surface-to-air missiles?

(12)What deal did Cameroon and Nigeria make to facilitate Biafra's defeat

(13)What deal did China and Biafra make and why did it fail to materialize?

(14)Did Biafrans destroy the Nigerian 2nd Div. by sheer chance or by some form of advanced warheads developed in secrecy?

(15)How and why did Biafran soldiers kill fellow Biafran soldiers?



i believe say, if people find or provide honest and accurate answers to my questions, e go help the healing process. i get more questions, but i dey wait for intellectuals make dey handle these 15 first.

Pak, those quotes simply mean that these people and the system are corrupt. Shikena.  That's my main point, there is no backtracking at all.


@edoyad, Jos was one of the most beautiful and peaceful cities in Nigeria until recently. What happened? As a non Hausa/Fulani northerner (midlebelter), what's your take on the root causes of these problems. Your proposed solution?

pak:
After all has been said and done you still someway, somewhat believe that the GOC ignored Jang because he was not properly 'settled' according to your post on the first page. I

I'm afraid you are either blind or have trouble with english comprehension.  Having a cordial relationship with the GOC is prudent and sensible. Jang, who is responsible for the security of his state apparently did not have this kind of relationship with GOC. I never stated anywhere that Jang needed to 'settle' anyone, unless you mean establishing a good working relationship means "settle".  Please go and reread my posts carefully and stop being unnecessarily emotional. olodo

Sooner or later, you people will discover that these elite, including Jang and Maina, are toying with your lives while sharing and fighting over millions and billions of your naira in the process.

Katsumoto:
Evidence!!! Does such a thing exist in Nigeria? However
1. The attacks were coordinated. Do you honestly believe that some machete-wielding herdsmen did this on their own?
2. The attacks occured in the middle of the night.
3. Maina, the GOC, did nothing when he received reports.
4. The attacks were a continuation of the January crisis.
5. Maina has accepted that he received texts but that he did not receive calls. Why was he able to receive texts but not calls? Can it be because he was avoiding calls? We know it is impossible to avoid texts; even if you switch off your fone, texts come in the minute you turn the fone on.
6. Maina also said that the Nigerian Army, (well his troops anyway) couldn't navigate the terrain to the villages but some Fulani herdsmen could. No seriously

Katsumoto, None of the above supports the notion that some Hausa/Fulani cabal was behind the attacks.

@edoyad, our middle-belt southerner, May God help you people learn to live and let live. P.S. Reading what Afam posted, one can conclude that you will not find sympathizers to your cause in the SE region.

Katsumoto:
I am merely postulating that all Northern minorities have done the bidding of the Hausa/Fulani cabal in the past but [b]on this occasion where the interests of the Hausa/Fulani cabal runs contrary to that of Jangs peo[/b]ple, then Jangs people suffer.

The fundamental problem I have with your postulation is the bolded text. What evidence do you have to support the notion that some Hausa/Fulani cabal is behind the recent killing of Christians in Jos or that the killings are in the interest of this Hausa/Fulani cabal?

Katsumoto:
Is Jang a Hausa/Fulani? or is he from the middle-belt?

I asked you whether Jang is a Northerner to point out a common misconception. You stated elsewhere that "If we are to believe what is in that publication, then the point that I alluded to in the post below is correct. It holds through regardless of what tribe Maina is, as long as he is from the North."  You essentially equated being from the North to being a Hausa/Fulani  or sharing the same ideals as Hausa/Fulani.  Remember that there are other non Hausa/Fulani Northerners including Gwaris, Kanuris, and the very people from Jang's tribe e. t. c.


@Afam, Flee!!