₦airaland Forum

Beaf:
The greatest problem the North has is that people like, Tanko Yakasai, Turai and her demons etc, claim to be fighting for the "Northern interest".
If the average Northerner does not scream "not in my name", there is little they can say to convince Southerners. There is no Southern decease, it is a genuine discomfort at the behaviour of powerful Northern politicians. Lets not bury our head in the sand.

As I said on another thread, I have never in my life heard of a term like "Southern interest", so why do we continue to hear about "Northern interest"?
Or is the North bigger than Nigeria? Or is it a separate entity?

You can't eat your cake and have it.

Beaf, You of all people should know that in democratic settings, there exists interest groups that fight for their collective interests.  There is nothing wrong with that and even you are free to form your own interest group.  It should not concern you that certain people including the elite, form interest groups and fight for whatever cause they choose.  Learn from them and do the same - these elite are counting on the fact that you have no guts to form such interest groups, they also hope that your rants are limited to the internet where they remain impotent.

I will remind you once again that the elite who claim to be working for the interest of Northerners, for the most part, work for their own personal interests. Its the same game in every corner of the nation. If it pains you that no interest group exists that fights for "Southern Interests", then form one and stop complaining, olodo.

@naijaking1, Sanusi has the law on his side, I remember you all ranting about the illegality of Sanusi's actions. Sooner or later, your people will go to jail. Let's hope you've read about this. The usual suspects refused to publicize it in the newspapers they own:

[size=16pt]N620bn bailout: Court strikes suit against Sanusi[/size]

A Federal High Court in Lagos has struck out a suit challenging the decision by the Central Bank of Nigeria (CBN) to disburse about N620 billion to some ailing banks as bailout funds.

The suit filed last year by a member of the House of Representatives Femi Gbajabiamila had the CBN and its governor Sanusi Lamido Sanusi as defendants.

Although the judge, Justice Binta Nyako, held that the plaintiff has the locus standi to file the case, she identified some defects in it, which formed the basis of her decision.

As against the defendants’ argument that the plaintiff lacked the right to sue having failed to show that he suffered any special injury different from that suffered by other members of the public, the judge held that he could sue in view of his status.

Justice Nyako held that as a member of the National Assembly who swore to protect the Constitution, he had the right to sue in challenge of the defendants’ action where it is felt that such action constituted a breach of the Constitution.

The judge struck out a substantial portion of the affidavit supporting the originating summons on the ground that the information contained therein offended certain provisions of the Evidence Act.

In striking out the suit, Justice Nyako held that having struck out a substantial part of the affidavit supporting the originating summons, there was nothing left for her to determine in the substantive suit.

The plaintiff had urged the court to determine whether the CBN Act and the Banks and Financial Institutions Act (BOFIA) authorised the defendants to raise money and disburse same without the consent of the National Assembly.

@naijaking1 & mikeansy;  Given the passion with which you are attacking Sanusi, one would have thought you'd have had the guts to comment on this post https://www.nairaland.com/nigeria/topic-405869.0.html#msg5607155

One would have expected you to agree that the issues raised in that post by Sanus, are noteworthy, at the very least.  You conveniently ignored the post.

Something tells me that you, naijaking1, are either the personal physician/consultant of Cecelia's, you are her neighbor in DC, or may be named a co conspirator during her trial. Rakumin dajij.

mikeansy:
Utomi Faults CBN's Action On BankPHB , launches Two Books


Professor Pat Utomi has faulted the actions of the Central Bank of Nigeria (CBN) on BankPHB, disclosing that the situation in the bank was not as grave as the CBN painted it.

What do you expect? Pat Utomi was one of the named debtors with bad loans.

Onlytruth: Go and explain that to your thieving brothers who are ranting most and looking for a cross with which to crucify Jonathan. Meanwhile tell them  that there can only be ONE commander in chief, and he has to be alive and fit.

There you go again. Can't you restrict your discussions to issues rather than people of certain tribes and ethnicity. Your bigotery is eating you up. I am sorry for you.

@Beaf, try not to paint people from the North/West/or East with progressive tendencies, with the same brush you paint the thieving elite. Its in your very own interest.

naijaking1:
You said it all!
In psychiatry, I think they call his action--projection. He's projecting his failure to everybody and anybody, thereby diverting attention from himself. This technique can be used to fool a whole lot of people, but it doesn't change the facts. A lot of people have been fooled, and here too.

Well done o. I suppose the following fall under your so-called projection:


“The CEO of Oceanic Bank controlled over 35 per cent of the bank through SPVs (Special Purpose Vehicles) borrowing customer deposits. The collapse of the capital market wiped out these customer deposits amounting to hundreds of billions of naira.”

Sanusi also disclosed that while all the unethical practices were going on in the banking sector, the CBN which had a process of capital verification at the beginning of consolidation which was targeted at avoiding bubble capital stopped the check mechanism for unexplained reasons.

“One bank borrowed money and purchased private jets which we later discovered were registered in the name of the CEO’s son. In another bank the management set up 100 fake companies for the purpose of perpetrating fraud,” he said.

Source: http://www.news.dailytrust.com/index.php?option=com_content&view=article&id=14911:soludos-banking-consolidation-a-sham-sanusi-&catid=46:lead-stories&Itemid=140

Afam:
Obama has no business asking such question in the first place. Nigeria is certainly not a satellite state of the US and should not be responding to such requests.

Obama will get a response from Nigeria promptly. Nigerians will find out the truth about Yar'Adua's health in the process.

Obama's demands are simply to put pressure on the government to release the information to the Nigerian public - Only a fool or the naive will believe that the Saudis have not yet fully briefed Obama and the US intelligence agencies.

Onlytruth:
. . . . .And ndu_chucks is smiling all the way to the bank!

Ezeuche [/b]please calm down and let's chase away this fox called [b]ndu_chucks first. Like Beaf and henry101 said, the real enemy is stoking the fires and laughing his fcking a/s/s off as you argue.
Your name is Eze Uche -king of brains. Please use your head. Thanks!

Onlytruth, Shine your eyes, ndu_chucks is not the enemy, the real enemy is the elite I've described several times. Stop being paranoid. You will be healed soon enough.

The banking consolidation exercise carried out by the then governor of the central bank Prof. Charles Soludo has come under fire from the current CBN Governor Sanusi Lamido Sanusi who said the exercise was a sham and that many of the banks never raised the capital which they claimed they did.
Sanusi in a 23-page convocation lecture titled, “The Nigerian Banking Industry: What Went Wrong and the Way Forward” he delivered at the Convocation Square of Bayero University Kano on Friday said the consolidation  helped to create bigger banks while it failed to overcome the fundamental weakness in corporate governance in many banks.

The governor said, “A lot of the capital supposedly raised by these so-called ‘mega-banks’ was fake capital financed from depositors’ funds. 30 per cent of the share capital of Intercontinental Bank was purchased with customer deposits. Afribank used depositors’ funds to purchase 80 per cent of its IPO. ”       

He added, “The CEO of Oceanic Bank controlled over 35 per cent of the bank through SPVs (Special Purpose Vehicles) borrowing customer deposits. The collapse of the capital market wiped out these customer deposits amounting to hundreds of billions of naira.”      

Sanusi also disclosed that while all the unethical practices were going on in the banking sector, the CBN which had a process of capital verification at the beginning of consolidation which was targeted at avoiding bubble capital stopped the check mechanism for unexplained reasons.      

He noted that SPVs furnished bank executives with a leeway to lend money to themselves for stock price manipulation or the purchase of estates all over the world. “One bank borrowed money and purchased private jets which we later discovered were registered in the name of the CEO’s son. In another bank the management set up 100 fake companies for the purpose of perpetrating fraud,” he said.

He further said that some banks even engaged in manipulating their books by colluding with other banks to artificially enhance financial positions and therefore stock prices, adding that practices such as converting non-performing loans into commercial papers and bank acceptances and setting up off-balance sheet special purpose vehicles to hide losses were prevalent.

According to the CBN boss, the unethical practices took place under the watchful eyes of the former Governor Soludo, whom he said conducted governance at the apex bank in a “laissez-faire” fashion. He said under Soludo’s reign, internal processes were unstructured and this compromised the CBN’s ability to supervise the industry. Board agendas were set by the governor and consequently reflected his priorities, and there were inadequate committee structures and processes to ensure the CBN board’s independence in assessing whether the CBN was fulfilling its mission.  He also explained that of the 373 circulars issued by the CBN since 2008, only 44 addressed issues relating to the crisis, stressing that “none addressed the issue of corporate governance.

Source: http://www.news.dailytrust.com/index.php?option=com_content&view=article&id=14911:soludos-banking-consolidation-a-sham-sanusi-&catid=46:lead-stories&Itemid=140

Beaf:
Oh, but to you ND and Igbo's should enemies.

That's the misconception you have, ND and Igbo or anyone else should not be enemies. We all must live together peacefully. The way you guys handled EzeUche's very real complaint leaves less to be desired.

Stay focused on the current topic please. You can start a new thread to discuss the civil war and other issues if you wish.

According to this report Jonathan has seen Yar'Adua:

New revelations about the medical condition of Nigeria’s sickly leader Umaru Yar’Adua who was smuggled back to Nigeria on Wednesday morning under cover of darkness, indicate he can barely move, nor communicate. The new findings buttress earlier reports by Saharareporters exclusively two years ago that Churg Strauss Syndrome, a debilitating auto–immune disease and lately lung cancer, ravages Yar’Adua.

Signs the game for Yar’Adua’s greedy and ambitious wife, Hajia Turai, may be drawing to a close came as service chiefs in the Nigerian Armed Forces requested that **Acting President, Goodluck Jonathan be allowed to see Yar’Adua.

A source knowledgeable about the happenings in the Presidential Villa where Yar’adua is holed up, told Saharareporters that Goodluck Jonathan has met Yar’adua in the company of the National Security Adviser (NSA), Sarki Mukthar. The two men are said to have encountered the shock of a wasted Yar’Adua who was not only barely conscious but incapable of conversation or movement.

There was, however, a different report tonight which denied that Jonathan has had a meeting with Yar’Adua. But our presidency source asserted that Jonathan did make the "top secret" visit, and that he was so affected by Yar’Adua’s condition he suffered fainting spells. He was reportedly “stabilized’ by Saudi doctors attending to Yar’Adua

Read the rest here: http://www.saharareporters.com/real-news/sr-headlines/5321-jonathan-meets-umya-shocked-yaradua-cant-talk-or-move.html

Beaf:
EzeUche has every right to be aggrieved, but like most cowards he is scared of the real enemy, the Hausa / Fulani and wants to pick on tiny minorities like Itsekiri's and Isoko's. You too are a coward for encouraging him.

The Northerners or Hausa/Fulani as a people are not your enemies or anyone else's enemies. For the umpteenth time, the real enemy is the elite who come from every region of the country, the enemy includes Ibori, Clark, Kalu, in addition to their counterparts in the North, West, and East.

Shine your eyes, the Northerners including Hausa/Fulani love you and are not your enemies, your thieving leaders are your real enemies.

Beaf:
Sorry, but he is bang on point. Look in the mirror.

You were stocking the fires of foolishness that an ignorant dude was lighting, thinking someone would slip up for you to pounce. . . Ain't ever gonna happen.
Enjoy life with Ezeuche, he will learn who his friends are, the hard way, with you as a loving Hausa / Fulani husband.

None of what you've posted here has changed the facts and people like EzeUche remain agrieved. It is prudent to recognize this fact, give the those people moral support at the very least.

henry101:
ndu_chucks go dey happy now as Ezeuche and beaf dey argue now.
He is cunning and very poisonous.

Your post is quite myopic. I can just imagine the kind of evil thoughts that go on in your head.

@Beaf, SapeleGuy, Here's a person alleging that his family's land was deemed abandoned property in Port Harcourt when they had to flee . If these kinds of injustice actually took place, shouldn't the likes of you be supporting people like EzeUche instead of insulting him here?

It has been alleged in some quarters that Governor Timipre Sylva of Bayelsa State has been sponsoring campaigns against his elder brother and mentor, Dr. Goodluck Jonathan - acting President of the Federal Republic of Nigeria.

Payback is a mother.

Beaf:
@ndu_chucks

Ezeuche is all yours. You have found the biggest donkey in Igbo land, he will hold hands and make love with Hausa / Fulani like you that decimated his people; because he is a damaged foo'l that thinks he is a "majority".

The Igbo are represented by better and more intelligent people than him. He is a disgrace to his people and the blood flowing in his veins. Tufia!

Wow, you are calling him all these names while refusing to address his point. The man may have legitimate reasons for his stance, it is fair to hear him out and try to address those issues.

Stop the childishness and let's discuss important issues. You normally don't shy away from the truth.

4th wife ke? Is EzeUche a woman?

Beaf:
You are just a foo'l and an inconseqeuntial dot on the landscape. Sick bastar'd.
You can't even speak for your wife that your neighbour is servicing, talkless of speaking for Ndi Igbo. Id!ot.

Stop all the fo.ul language and address the point EzeUche made. They are valid and should be seriously considered by you people.

Beaf:
^
Don't be funny. It only failed because Yar Adua (much like you) thought he could use the US to fight his dirty wars of corruption and exploitation, not realising he is too puny to wag the dog. MEND is not even classified as a terrorist organisation by the US (in case you don't know). Olodo.

All of the terrorists/millitants perpetrating acts of terrorism including kidnapping and taking US citizens, your fellow brothers/sisters and others as hostages are definitely recognized as the terrorists that you are by the US. MEND is too puny to be even addressed as a organization by the US.

EzeUche probably has a point which you can publicly dismiss but well adviced to seriously consider. You cannot successfully seceded without ndiigbo. We all know that there are ND Igbos who do not share your seccession dreams, they've been telling you to wake up and smell the coffee - its a good advice, go and make peace with them.  ina kwana !!!!!

Before you shout divide and rule,  note that EzeUche may be one of the boldest Igbo NLer here for calling you out and telling you like it is. The rest of them try to hide their necks under the sand in denial. Their necks and yours are longer than that of the ostrich and that is why I call you people Rakunim dajij.

okunoba:
@Ndu_Chuks, The Constitution clearly states that the president must inform the senate any time he/she is flying out of the country 4 medical or leisure reasons, Yaraua didn`t do this, that is a clear violation of the Nigerian Constitution which he swear ed to up hold. Violation of the Constitution I think is enough grounds to start impeaching procedure. But if the president was in no position to write when he became ill, then he wouldn`t be guilty as he was not in a position to write. What does the Constitution say when this happens? If there is no provision in the Constitution for such common eventuality, then i would say the Constitution is weak and not well thought out.

If The BBC interview can be taken as evidence of a written latter by Yaradua, then it shows he was able at some point able to communicate directly to the Nigerian Senate of his absence, but rather chose not to and instead chose to communicate with a foreign press. This is the disrespect not just to the senators but to the people of Nigeria, we are being taken for a ride.

If the great law minds were following the Constitution we would already have the motion to impeach in place by now. Unless it can be proven that Yaradua as been incapacitated since the first day of his illness. Then again we would have to look at what the Constitution says, this might be the real problem and not knowing his condition.

Good write-up. The bottom line is that there are too many unknowns at the moment. Sooner or later, the truth shall become known.

The only thing we may be sure of, is that Yar'Adua is gravely ill and is in Nigeria at the moment. The right thing to do is to provide him with the best possible health care we can muster. I agree with you that our constitution needs to be reworked in certain very important areas.

Beaf:
When Yar Adua went to visit George Bush at the White House, he drank tea, eat cakes, saw wonderful hedges and suddenly decided Africom was a very good thing indeed. Whereas, in public, he and other African leaders had been "strongly" opposed to the presence of US troops on African soil.

We shall partner AFRICOM to assist not only Nigeria but also the African continent to actualise its peace and security initiatives. It is an initiative to have standby forces in each of the regional economic groupings in Africa

- Yar Adua

Don't be naive, that quote was probably for the consumption of the media.  How many Africom forces are stationed anywhere in Nigeria, for you to accuse Yar'Adua of selling our independence? Stop the rascality! Your accusation that Yar'Adua sold our independence is baseless and paranoid.

If and when Africom arrives, the terrorist days of MEND will be over for good, and that is your fear.

Beaf:
^
Nigeria is a sovereign country, all that bullsh!t that Yar Adua did to sign away our independence will be overturned.

I'm not following you, what did Yar'Adua do to sign away our independence? What will be overturned? Educate me please.

Beaf:
^
Dokubo Asari is not a member of MEND. So much for "knowledge".

You try to claim and imply that MEND is the only organization that represents the cause of ND, to the extent that you claim that Soyinka is representing MEND rather than the cause of the ND people - this is very disingenuous of you.  Asari is one of your leaders who probably is not associated with MEND because he wants to dissociate himself from their terrorist activities.

Whether Asari is a member of MEND or not is not germane to the point I was making. The bottom line is that, all your so-called millitants that are terrorists including the terrorist wing of MEND will be properly dealt with by Africom, if and when they arrive.

Beaf:
Yes I didn't know the meaning, but it sounds like a good thing to abuse somebody with.

In case you don't know, Africom is more interested in Islamic extremism up North these days. Like I mentioned to sjeezy, a recent Africom intelligence report that say's Northern Nigeria is likely to become the next Pakistan. MEND has always reached out to the US, so there's no need raising alarming gist. The most important partnership right now is to root out Boko Harams and set the country on the right path. MEND is made up of graduates, unlike Boko Haram and other almajiri groups.

Keep deceiving yourself. MEND is a terrorist organization that has perpetrated terrorism againsts its own people and foreigners alike. Even your very own Asari Dakubo, is correctly named Alhaji Asari Dokubo - bet you didn't know he is an Al Haji.  Africom with treat him with the respect he deserves.  

SapeleGuy:
ndu_chucks - fear for where?  I am against all forms of foreign military intervention and interference with our sovereignty.

Secondly, strategically you could learn a thing or two because events are passing you by.
Let me break it down for you.
MEND, your enemies are represented by Wole Soyinka and other well meaning Nigerians, Save Nigeria Group is also represented by Wole Soyinka and a cross section of Nigerians. The emancipation struggle is being embraced by all sections of the country, north, east, south and west.
The ideals of MEND/NDVPF are gradually crossing over into the main stream.

MOST Nigerians believe in the cause of the ND people - the same cause that Soyinka represents. Soyinka does not represent MEND or endorse any of MEND's terrorist activities. Get that through your skull, stop attempting to tarnish the man's image. I thought we've discussed this already - maybe it was Beaf that I straightened out earlier.

Beaf:
Everybody knows its your people who are into bunkering big time. It is old news that an ex-presidents son very sadly lost his life in the ND on a bunkering mission.
They even buy mini-tankers like the one that was captured almost immediately Jonathan became Acting President.
Rakumin dajij.

If you say so, what about kindnapping and hostage taking, are those perpetrated by almanjiris who live in the ND? If you don't know what something means, ask olodo. Rakumin dajij(giraffe) cannot apply to you and and me; it applies to you only.

@Sapeleguy, fear don catch you. How una no go oppose Africom - you sabi say dem go dismantle una terrorist network, ko?

Here's some information about this Arewa People's website:


Registrant:
Smartweb

Bauchi Road
Jos, Plateau 234
Nigeria

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: AREWA-PEOPLE-MOVEMENT.COM
Created on: 02-Nov-09
Expires on: 02-Nov-10
Last Updated on: 02-Nov-09

Administrative Contact:
LTD, SmartWeb info@smartwebng.com
Smartweb
Bauchi Road
Jos, Plateau 234
Nigeria
2348035905422

Technical Contact:
LTD, SmartWeb info@smartwebng.com
Smartweb
Bauchi Road
Jos, Plateau 234
Nigeria[/b]2348035905422

[b]I thought Jos was in the so-called Middle Belt, so why is their website not middle-belt-people.com  


www.nairaland.com/attachments/180447_ROTFLMAO_gif3d0c775232c7f27cf80592785b9635b6

safeact:
@ndu_chuck, Does that name sound like an hausa or yoruba name.

Since when has the tribal origin of a userid did it become the barometer for measuring intelligent posts?  Since you are so enchanted by userids and their tribal origins, why don't you tell us the tribal origin of your userid, safeact and tie it to the substance of your posts? Anu ofia na amaghi ihe;rakumin dajij.


@Beaf, something tells me you'd welcome Africom's presence in the ND; you may get your wish soon but you and your boys MEND will not like it - for it'll be the end of your bunkering and kidnappings.

safeact:
@ndu-chuks, one of these days, we will sue u for inpersonation! I wonder why u inciting some groups against d other with an ibo name? Why dont u use your maiden or hausa/fulani name( mayb farouk, ibrahim,musa etc) perpetrate your evil acts or are u ashame of your tribe?

Please show me any post that you consider incites one group against another and I'll respectfully show you that you are wrong and your judgement is probably impaired by bigotery. Besides the ID is Ndu_Chu[b]c[/b]k; there is a "c" in the spelling, olodo.

Beaf:
Ha! There will be no bloodbath against any Northerners that will remain our progressive and prosperous country. We will welcome them with open arms and give them citizenship. But we will smash any Boko Harams among them.

LOL, stop dribbling like maradona again. I'm talking about you people killing each other off because of in fighting among your various groups for oil/power!

SapeleGuy:
This is about due process, there is no room for unnecessary sentiment, May God heal all sick people and all sick Nigerians.

So it seems that you too also questioned the action by calling for impeachment whilst Yaradua was away. As i said to you on another thread you have changed your mind because you don see ambulance.
What has changed? he was incapacitated in Saudi and he is incapacitated now in Nigeria, respectfully resign or face impeachment.

This naivity you are displaying in unbecoming. Ngwuanu, go and arrange for the initiation of the said impeachment process or get FEC to declare him medically incapacitated.

Please note that if Yar'Adua is not brain dead and has even a 1% chance of recovering, the FEC will not declare him incapacitated; they will simply come and tell us that he is gravely ill but not incapacitated. Then what?

Beaf:
How I wish you guys will make it easier for us by seceding instead. There will be no war, just celeberations!

We love you too much to secede. If we secede, our conscience will have serious trouble with the self inflicted blood bath that you people will orchestrate.