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Politics / New National Security Adviser Now by OYBMEND: 6:51pm On Feb 24, 2010
Who deployed 2 batallion of Soldiers in Abuja today without the knowledge of acting President?

Who gave clearance for a Saudi Ambulance to invade the Nigerian airspace without the knowledge of acting President?

[size=18pt]PLEASE WHEN WILL GOODLUCK SACK SARKI MUKHTAR? I AM GETTING MAD NOW!!!!!!!!!!![/size]
Politics / Re: Those Ibo Traders Are Cheats by OYBMEND: 6:01pm On Feb 24, 2010
On a day when an un-existent President issued a statement addressing a man made acting President, by the Nigerian people through the NASS, as his VP. You will think some of us will have more serious things to talk about.

Yes and I guess Yar'adua is an Igbo man that is why he is full of deciet and greed even on his death bed. I guess his wife is also Igbo.

Fool!!!!!!!!!!!!!!!!!!!!!!!!!!!
Politics / Re: Us Warns Yar'adua's Allies, Dont Truncate Nigeria's Democracy by OYBMEND: 5:57pm On Feb 24, 2010
America is tired of the misguided Northern hegemony based on nothing that has borne no fruit since 50years

Watch out!!!! Britain will not say much. The Hausas are there allies and unless oil stops flowing they wont change strategy.

MEND BOYS WILL START PLANTING BOMBS IN ALL OIL WELLS ONE PER DAY FOR EVERY MORE DAY YAR'ADUA STAYS IN OFFICE.

THIS COUNTRY NEEDS TO BE BROUGHT TO A HAULT.
Politics / Re: Yar'adua Returns To Nigeria: Condition Unknown by OYBMEND: 3:22pm On Feb 24, 2010
joshO:


If the status quo persists, , there'll be a COUP in the next month. Please take note
of this comment.


The boys in uniform will have no worries over legitimacy. Yar's illegitimate attitude has
provided sufficient grounds for this action, and the entire international community will welcome
any purposeful, stabilizing change.

We will not accept any coup south of the Niger
Politics / Re: Why Is The Rich Southern Nigeria Politically Surbordinates To The Poor North? by OYBMEND: 10:33am On Feb 24, 2010
The beauty of this whole drama is that the North is already loosing sympathy from the international community.

The world is coming to realise what a joke this region has come to become and how they are affecting the rest of Nigeria.

Even Hillary Clinton's latest pronouncement shows that they are already thinking of a divided Nigeria along South and North.

This folks called North are full of crap. They have no clue what progress is.
Politics / Re: Latest - Yar Adua Unlikely To Resume Office Soon by OYBMEND: 10:25am On Feb 24, 2010
Not exactly sure why a man who does 25mins excersize every morning and runs up the stairs of King Faisal hospital needed an air and land ambulance to return to Nigeria.
Politics / Re: Yar'adua: Sorry For The Muslim North by OYBMEND: 10:21am On Feb 24, 2010
The world will bear witness to the shame and injustice happening in Nigeria

A country where an Ijaw man is treated with so much disdain has no business talking about bridging races
Politics / Re: Yar'adua: Sorry For The Muslim North by OYBMEND: 10:19am On Feb 24, 2010
of course a group of people sustaining a dead man in office just because they say its in the interest of Nothern Muslim power play does so much to bridge the divide between races.
Politics / Re: Yar'adua: Sorry For The Muslim North by OYBMEND: 9:48am On Feb 24, 2010
citizenY:

@oyb mEnd

Is it possible to accuse you for being docile? We are jointly responsible for this state of affairs
whether as leaders as followers, legislator or voter.

If you or your rep sit on your butt and allow the mess going on, do not turn round and blame others.
The  government is not made up of people from one national group alone. You are
represented by someone there . Have you spoken to him/her lately? Why have you not accused him of not
kicking out Yaradua?

Go and eat your shame, bunch of rascal thugs!!!!!!!!!

How is it possible to assemble a very uncouth people in one region?
Politics / Re: Yar'adua: Sorry For The Muslim North by OYBMEND: 9:34am On Feb 24, 2010
enough of the deciet
Politics / Re: Yar'adua: Sorry For The Muslim North by OYBMEND: 9:34am On Feb 24, 2010
Jubilation in Katsina Over Yar'Adua's Return
Lawal Ibrahim
24 February 2010

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Wild street jubilation broke out in President Umaru Yar'adua's home town of Katsina last night as the news spread that he was on his way back to the country.

Our correspondent who monitored the situation in Katsina last night said hundreds of youth took over major streets in the state capital chanting 'Sai Matawalle!' Yar'adua holds the traditional title of Matawallen Katsina.

At the President's family house in Yar'adua quarters, hundreds of youths danced and cheered, while many family members of the President also joined in the dance. Commercial motorcyclists and many motorists also raced through the city's major streets in celebration.

Many family members and neighbours were seen trooping into the Yar'adua family compound to celebrate with the President's mother Hajiya Dada, who was said to be busy receiving visitors up until late last night.

Supporters of the Peoples Democratic Party were also seen holding Yar'adua's posters and planning in groups for an even bigger festival to celebrate his return.

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Mallam Suleiman Wafa told our reporter that nobody will sleep in Katsina last because of the celebration they intended to mount. He described Yar'adua's return as a will of God and said it will serve as a lesson to the North and the entire country.

Alhaji Ammani, who sells bread adjacent to the Yar'adua family house, said last night was one of joy for Yar'adua supporters and a night of sadness for his enemies. He condemned acting President Good luck Jonathan for suspending the ongoing dredging of river Niger and also condemned members of the federal executive council who he said were waiting to declare him incapacitated.

Daily Trust also learnt that state governor Ibrahim Shema directed his convoy to prepare for a trip to Abuja early this morning.


http://allafrica.com/stories/201002240084.html
Politics / Yar'adua: Sorry For The Muslim North by OYBMEND: 3:40am On Feb 24, 2010
The world is watching the shameless and unprovoked aggression of the Muslim North against the rest of Nigeria.

No hiding place this time. What a joke!!!!!
Politics / Re: 'Olusegun Adeniyi' Of Thisday Now Yar'adua's Spokesman! How Interesting! by OYBMEND: 11:30pm On Feb 21, 2010
man must wack
Politics / Re: Let The Young Guns Take Over Nigeria - Mr Acting President by OYBMEND: 10:54pm On Feb 21, 2010
Akanbi_edu:

Let me ask you guys a question. What part of the country do you think stands more chance of winning presidential elections if there is no zoning arrangement? I think the zoning arrangement favours the south.

it will be nice to test the so called nothern dominance and unity when they are in opposition. It is so easy to be united when you are in power. But when you are not, money can be used to induce division amongst the most united.
Politics / Re: Whose North? by OYBMEND: 1:24pm On Feb 20, 2010
people want to continue living on past glory, well they have right to be aloof
Politics / Re: Fg Woos Ribadu, El-rufa’i by OYBMEND: 1:20pm On Feb 20, 2010
I think I like this idea of body guards.

Even that very tall guy who dey wear military uniform usually behind, make him go find suits.

Army standing behind President in military regalia is outdated

Politics / Re: Has Ibori Secured A Written Agreement On Rotational Presidency? by OYBMEND: 8:00pm On Feb 19, 2010
Ibori should be asked to show the Southerners a documented proof he secured that power will return to the south in 2015.

Is he pushing for rotational presidency to be written into the electoral act? Why is Ibori trying all means to drag Jonathan down?

I think somebody should dust Ibori's corruption files so that he can shut up. He should be locked up while the election lasts.
Politics / Re: Has Ibori Secured A Written Agreement On Rotational Presidency? by OYBMEND: 7:55pm On Feb 19, 2010
"The argument of turn-by-turn or rotational presidency has come under attack vociferously by no other people than northerners themselves," he told Reuters.

"For me , and many Nigerians of northern extraction, what is important is to have a president who will move our nation to its rightful place immaterial of where he comes from."

If the electoral reforms championed by Uwais are passed, the PDP primaries could be completed by as early as August.

The party has bought itself time by refusing to declare Yar'Adua incapacitated, a move which would mean Jonathan being sworn in and appointing a new deputy, likely to be a northerner who could become the de facto candidate for the elections.

But any shift in the balance of power is deeply sensitive in Nigeria, a country of 140 million split between the Muslim north and predominantly Christian south, scores of ethnic groups and myriad other factions seeking a share of state resources.

The principle of rotation has meant presidential aspirants play a long game, thinking not just of who will run for the immediate term but also building alliances to give them a better shot when power swings to their region further down the line.

Years of careful brinksmanship by some of the country's most powerful figures could be upset by a Jonathan candidacy.

"The primaries may be very divisive , especially if the rotational agreement is jettisoned," Ibori said.
Politics / Has Ibori Secured A Written Agreement On Rotational Presidency? by OYBMEND: 7:54pm On Feb 19, 2010
Early election could intensify Nigeria power struggle
Fri Feb 19, 2010 5:33pm GMT 
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1 of 1Full SizeBy Nick Tattersall
LAGOS (Reuters) - Nigerian elections could be held as early as November if reforms being reviewed by parliament are approved, limiting Acting President Goodluck Jonathan's time in charge and intensifying the struggle over who will succeed him.

Jonathan's assumption of executive powers last week ended immediate concern that President Umaru Yar'Adua's near three-month absence in a Saudi hospital would bring government to a halt and tip Nigeria into constitutional crisis.

But it did not resolve the broader issue of who will be leading Africa's most populous nation and its biggest energy producer after elections, which will determine whether economic and political reforms accelerate or stagnate.

Nigeria's political kingpins are jockeying for influence over who the country's next leader should be, leaving their minions -- including ministers and parliamentarians -- treading water until it becomes clear which way the pendulum will swing.

It is an uncertainty many of the country's most powerful people want resolved.

"The time is very short," said James Ibori, a member of the Elders' Committee of the ruling People's Democratic Party (PDP) who was instrumental in Yar'Adua's rise to power in 2007.

"We expect the National Assembly to pass the crucial aspects of the electoral reforms by April 2010. This will kick start the process of the party primaries leading to an early election hopefully by November," he told Reuters.

Parliament is considering electoral reform legislation but the key to the timing of the next polls -- presidential, parliamentary and state elections -- lies in an influential December 2008 report by former Chief Justice Muhammadu Uwais, some of whose elements could be made law.
Politics / Re: You Dare Not - Northern Reps Threaten Jonathan Over Ministers, by OYBMEND: 5:58pm On Feb 18, 2010
Unfortunately the politics of North said this, Arewa said that . . . . .died with the analogue age

You just can not sustain the Northern Hegemony in this days of the internet because the lies, mis-representation and half-truths which sustains the hegemony are exposed everyday.

This people posting inconsequentials on National dailies in the name of the North are begining to sound like broken records.

With the Southern Vote, then Plateau, Benue, Kebbi, Taraba, Kwara . . . . its possible for Jonathan to win election. Everyone else is tired of the Hausa Fulani Hegemony.
Politics / Re: Missing “president”: 6-man Ministerial Team To Go In Search Of Yar’adua In Saudi by OYBMEND: 8:24pm On Feb 17, 2010
the rule of law is necessary

Jonathan caan only be acting on behalf of an existent President not a dead man. That is why the trip is necessary
Politics / Re: Missing “president”: 6-man Ministerial Team To Go In Search Of Yar’adua In Saudi by OYBMEND: 7:25pm On Feb 17, 2010
Tpia

The whereabout of yar'adua is the business of 150million Nigerians. So the ministers are doing the people's work

You plan to sustain the status quo will not work.
Politics / Re: Fec Stands Down Motion To Declare Yar'adua Unfit by OYBMEND: 7:17pm On Feb 17, 2010
you proliferation of threads is getting out of hand
Jokes Etc / Re: An Unconfirmed Disturbing Report Pls Read. by OYBMEND: 12:59am On Feb 16, 2010
People have killed others with guns and cutlasses while poisons will be a lot easier to execute than the previous two.

It will be foolhardy to ignore any warning in the North, because confirmation will mean your own death.

It is only those who have not lived in the North who will question how Southerners will be identified, na just to go sell the poison for mammy market people go just finish.

In the North there are secluded markets for immigrants where you can find beer, and have a feel of the South. That is how discrimanotory life is in the North.
Politics / Re: Sanusi: I May Go On Exile If Jonathan Does Not Support Me by OYBMEND: 3:19am On Feb 13, 2010
Ibime

Sanusi is in the wrong job. If he wants to be EFCC or ICPC chairman by all means he should apply. I don't doubt his zeal and passion but the truth is that he is a lightweight as far as running the CBN goes.

He needs to chill. Picking fights is in nobody's interest. We can achieve all these reforms with less noise, good planning, liaisons without jolting the economy like he is doing.

He needs to cool down. Having thousands of people sacked on the eve of christmas should be a record no public servant should be proud of. Yet Sanusi will not treat this issues with the caution they deserve.

He should stop making noise.

BY THE WAY THE REUTERS NEWS CORROBORATES THE CLAIMS BY COMPASS. JUST THAT THE JOURNALISTS MAY HAVE CHOSEN DIFFERENT QUOTES FROM THE SAME SPEECH AND WOULD OBVIOUSLY HAVE DIFFERENT WRITTING STYLES.
Politics / Re: Sanusi: I May Go On Exile If Jonathan Does Not Support Me by OYBMEND: 3:00am On Feb 13, 2010
Donald Duke recently said he does not agree with Sanusi's approach to things because every Nation's economy and Financial System thrives on perception.

Pat Utomi also echoed this sentiments when he protested the treatment Bank PHB got from Sanusi's CBN.

So Sanusi should stop dragging the acting President into his politics and failures. If he knows what he is doing, if he is practicing economics instead of all this noise, there will be no need for special support from the President because he has a 4years mandate.

Unpredictability and Unsustainability is just how not to run an economy.

You think if China were washing their dirty linens in the public, they would have caught up with the rest of the world like they recently did?

I dont believe in the theory of sectional agenda. I just think that Sanusi just does'nt know. He does not get it.
Politics / Re: Sanusi: I May Go On Exile If Jonathan Does Not Support Me by OYBMEND: 2:53am On Feb 13, 2010
Nigerian Central Bank Governor Lamido Sanusi said on Thursday there would be no slowdown in reforms to the banking sector after Vice President Goodluck Jonathan assumed executive powers this week.
Jonathan formally took over as acting president on Tuesday in the absence of President Umaru Yar'Adua, who had given his full public backing to Sanusi's reforms but has been out of the country receiving medical treatment for more than two months.

"The acting president has always been part of the decisions we have taken. He was always in key meetings, I have always briefed him, we are on the same page," Sanusi said.

"I think there is some wishful thinking on the part of people who say maybe (Jonathan) would step on the brakes , On the contrary, I think we are going to go full steam ahead and there is absolutely no change," he said.

I think Sanusi is a worried man right now.

He is too noisy for a sensitive job like CBN. Whoever says how to run the economy is to demonise everyone, destroy confidence in the system, and lock up all those who you would have been liaising with to build the economy.

Risk Management, Risk Management . . . . . . you have to create an economy first before you Risk manage it. Our economy is at the INFANCY STAGE if all you do is to stoke of fear in the name of risk management, you simply slow down creativity and innovation and the economy will not even grow.

What we need is measured regulation as well as liaising with business leaders to see how we can spur growth and create jobs for the mass of our people.
Politics / Re: Sanusi: I May Go On Exile If Jonathan Does Not Support Me by OYBMEND: 2:38am On Feb 13, 2010
He should stop threatening the New Acting President. He should stop bullying him.

If his policies are for the common good, and business friendly as well as supports the economic aspirations of Nigeria.

Then he should be confident in them to attract the support of any administration whatsoever. He will not need any special support to succeed.
Politics / Re: Cbn Job: Soludo Vs Sanusi Approach (Vote) by OYBMEND: 11:19pm On Feb 12, 2010
ours is now an economy where it is now an offence to borrow from banks in other to finance business growth and expansion

Only God knows what some folks think are the role of banks in a country's economy
Politics / Re: Cbn Job: Soludo Vs Sanusi Approach (Vote) by OYBMEND: 11:17pm On Feb 12, 2010
Dangote's Loan Repayment
4 February 2010

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Lagos — THE recent repayment of a $1.28 billion (N188bn) loan by the Dangote Group to a consortium of 10 Nigerian banks ordinarily should be commendable, but it sets a dangerous precedent for the business community in an economy such as Nigeria's.

The Dangote Group, in 2008, took the facility from the banks to enable it fund its cement company, which value was put at $3.5 billion. The Group funded the difference while the facility was to run for seven years before its maturity in 2015.

The loan was deployed to build cement factories and infrastructural facilities including power plants and housing estates and to procure mining equipment. The plants are located at Obajana in Kogi State and Ibese in Ogun State.

At a ceremony to announce the repayment of the loan, the Group's President, Alhaji Aliko Dangote, hinged the early repayment on their resolve not to owe any Nigerian bank.

"The Dangote Group is embarking on consolidating our cement assets in line with our strategy to consolidate our Nigerian assets. As a result of this, we have decided to repay the $1.28 bn (N188bn) loan facility we took in May 2008 from a consortium of 10 banks. Although the loan is due to mature in 2015, we have decided to liquidate the loan five and half years ahead of schedule in line with our vision and strategy to consolidate our assets and to ensure that Dangote cement does not owe any Nigerian bank.

"We have decided to put our money where our mouth is, with the aim of making Nigeria's economic development a reality," he added, noting that "destiny demands that we play a critical role in job creation, developing skills, and boosting our Gross Domestic Product (GDP)."

For a loan that has a life span of seven years to be repaid within 20 months is no mean feat and the achievement should therefore, indeed, be commended. It is commendable given that in recent times it had become the trend for some individuals and organisations to take such loans and default when the facilities mature.

Commendable as the Dangote Group's gesture is, however, it is worrisome that the loan is being repaid far ahead of its maturity and our worry stems from the wrong signals such a move will send and the danger which the feat portends for a growing economy like Nigeria's.

For one, it sends the wrong message to entrepreneurs, that there is something wrong with using loans to grow businesses. Some might as a result, think that owing banks in itself is a sign of distress or failure. Secondly, the Dangote Group's move might, rather than helping the economy, be actually anti-economic growth.

We say so because the facility, now repaid, could have been used to further grow the Dangote Group's business empire and more properly position it for more jobs creation and the expansion of the country's Gross Domestic Product.

The nation's economy cannot recover from the effects of the global meltdown if its productive capacity is not revived and sustained. While small and medium scale enterprises play critical roles in every economy, the fact remains that the little growth being recorded in the manufacturing sector is attributable to the efforts of such concerns as the Dangote Group.

The failure of most privatised companies and the crippling of small and medium firms have led to widespread unemployment, and constricted the economy while promoting mass poverty and engendering insecurity of lives and property.

It is believed that organizations that have a track record of performance, like the Dangote Group would deploy such facilities as the $1.28 billion loan in such a way as to significantly advance the nation's economy. Yet, the Group went ahead to repay the facility just 'to ensure that Dangote cement does not owe any Nigerian bank.' Business and loans are like siamese twins- inseparable- and should not be avoided, especially for genuine investors and time-tested industrialists.

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Nothwithstanding the unprecedented step taken by the Dangote Group, we are compelled to urge the Nigerian business community to go ahead and proactively engage Nigerian financial institutions through seeking loans and other facilities to run their businesses and grow the economy.

It is regrettable that some genuine entrepreneurs are today running away from the banks on account of the on-going sanitization of the banking sector which led to the 'name and shame' strategy, which sullied the image of some businessmen who were doing genuine business with loans taken from the banks.

Growing the economy would entail that bank loans would be taken, deployed and repaid when they mature. But the 'name and shame' tactics of the apex bank appears to be scaring off genuine individuals and organisations and compelling the unduly hasty repayment of loans that are not yet mature.

While we are not suggesting that the Dangote Group was compelled to repay its loan earlier than the scheduled date, we advise the CBN to pursue the on-going banking sector reforms with some more caution
Politics / Re: Cbn Job: Soludo Vs Sanusi Approach (Vote) by OYBMEND: 10:56pm On Feb 12, 2010
As Sapeleguy will put it.

If you want a book on how to ruin a Nations economy in 7 days ask Sanusi Lamido Sanusi

Now the latest gist is reclassification of Banks: how is this not the return of banks who collect people's monney and disappear into thin air because the owners of such institutions have more to gain by going into liquidation after collecting people's money than remaining in business.
Politics / Re: Cbn Job: Soludo Vs Sanusi Approach (Vote) by OYBMEND: 10:45pm On Feb 12, 2010
when you reform, reform, reform and try to even reform the reform.

Then you simply create an atmosphere of unpredictability and unsustainablility

No business or economy likes that.

When the economy reacts to such uncertainties we say what we are seeing is some kind of "immaginary huge failure" that would have been worse if not for the actions taken. Meanwhile the actions taken caused the problem and panic in the first place.

This is why it is so easy to be a fake messiah in Nigeria.

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