Plaetton's Posts
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Omonigeriarere:Even a feeble rebuttal have sufficed. Usual nonsense from those who have nothing upstairs to offer. ![]() |
brainpulse:And by not pointing out the incoherence, your knee-jerk response reeks of incoherent thinking. |
HungerBAD:Aisha Buhari being in the US does nothing at all to exonerate her from the allegations made by Fayose, if they are true. As a visiting wife of a head of state, she would obviously enjoy diplomatic immunity while she is there . The US has good relations with US, and especially Obama with president Buhari. It is unlikely that the US would have embarrass her , president Buhari and Nigeria for Zero geopolitical gain. Sealed indictments against foreign dignitaries are primary used for economic and geopolitical blackmail. So even though she is there, we may never know what transpired or transpires beneath the surface to have made it possible for her to be there,.. again, assuming that she is indeed the right suspect in Haliburton scandal. |
ojun50:Oh yeah! Pray, that's why we are using our scarce foreign exchange to subsidize prayer in a foreign country. Brilliant Africans. |
HungerBAD:Ha ha ha ha. The FARCE is strong with you. ![]() |
coolscott:Excellent psycho-analysis. This is Buhari in a nutshell. Though it's very sad, I laugh at those that delude themselves that anything good will come out from Buhari's rulership. |
onatisi:It's NEPOTISM again. This policy is for the exclusive benefits of the parasitic Feudal oligarchs that control First Bank and it's lucrative Western Union franchises. Who pays? Of course, the Nigerian people. Buhari never ever dreams of making Nigeria a better place for everyone. He only dreams of reshuffling things in favor of the Feudal oligarchs. |
proeast:Buhari has nothing but utter contempt for the Free market system. Buhari is a feudal oligarch. Anyone still believing that Buhari will make Nigeria a better place is delusional. |
cckris:Once again, it's NEPOTISM at work. You see, First Bank is the primary franchisee of Western Union in Nigeria, and Western Union transfers have for years made up the far greater bulk of First Bank's earnings. With a deregulated forex regime, First Bank appears to be bleeding and desperate. With their man in power, they they have lobbied and convinced him to nix the competitors for the exclusive benefits of Western Union and MoneyGram. The losers ? The Nigerian people, of course. Once again, the federal might prevails in robbing the public to pay the Feudal oligarchs. This is how we run things in this jungle. If this is not corruption, I don't know what is. |
TheTrueSeeker:Just imagine if the Ebola epidemic had happened or happens under this Buhari government. ![]() Thousands would have perished in this country. |
Trailblazer1:Laughing out loud. Did your old relationship with God expire? Repeating the same thing over and over again while expecting a different outcome each time is the clinical definition of insanity. Won't you consider that perhaps our over-reliance on skydaddy magic , rather than rational thinking, might actually be a contributing factor in our lack direction and progress ? ![]() |
My friend Wirinet and LFJ, you guys are hung up on the technical arguments for the TSA. Let me repeat, a government having a single Treasury account or whatever you want to call it is , and will always be a prudent idea. I am not arguing for the pros and cons of having one. I am arguing against the folly of draining the oil from an economic engine without any impact assessment or completely ignoring one. Even while trying to build a solid structure or dismantling a redundant structure, good leadership demands an environmental impact assessment. The imaginary or envisaged benefits has to balance or outweigh the disruptive and destructive potential to the immediate environment. In this regard, the TSA implementation was a nuclear bomb to the banking and financial environment. Those that initiated it , but later put it on hold were the wiser. Again, as a rebuttal to your arguments, the US in 2008, could have, according to the dictates of the free market system and the Constitution, allowed the banks to fail and have a complete reset of the economic system, .but they prevailled to save the system because of the cascading catastrophic implosions that would have ensued. There could have been a hundred ways of implementing the TSA, or it's intended goals, without having to nuke the entire system of which our economy rests. The way the TSA was implemented says much about the the problem of leadership in Nigeria,..where state policies tend to be punitive rather ameliorative. |
KingEbukaNaija:The FARCE is strong with you, young man. Keep it up. ![]() |
Imagine subjecting children, chaining young, impressionable minds, to that handbook of immorality. Funny thing is that these Pentecostal charlatans always always have their eyes on people's pockets, bank accounts and belongings. |
LFJ:The real disaster is when you read something, fail to grasp the full thrust of the argument, and then attempt to repudiate the argument from a very narrow perspective. No one disputes that the government and it's agencies need to keep the track of incoming and outgoing incomes. No one disputes the need to streamline and synchronize all government accounts. No one disputes that the government needed a single Treasury account or something similar if it helps stem corruption and abuse. The point, which eluded you in your haste, is that a responsible government, a responsible leadership, does an impact assessment before embarking on major and potentially destabilising financial and monetary policy. Keeping track of government accounts in REAL TIME is not rocket science. Any armature programmer can write software for that. The issue here is about the sudden withdrawal of N3 trillion, about 4-5% of our GDP from the banking system. From an economic point of view, this is not only gross lunacy, but actually very very Stuupid, with a capital S. The bank of Japan , the ECB, the US Federal Reserve , etc, have desperately been throwing liquidity into their banking systems almost every quarter since 2008, just to rekindle and eke out some economic growth. In 2008, the US Treasury had to inject the equivalence of 5% of their GDP into the banking system in order to prevent a catastrophic end of the entire global financial system and economy. With that in mind, just imagine the government doing the exact opposite here in Nigeria, by forcefully removing the equivalence of 4-5% of Nigeria's GDP from the banking system , and at the very worst time possible, during a period of economic contraction . Do you see my point at all ? Can you see the type of micro and macro economic havoc being created here? Can you not feel the chilling effects already? Can we, the Nigerian people not feel the already Impending economic nuclear winter that is encroaching upon us ? Economic common sense vs political bravado and expediency. Good leadership entails taking carefully measured steps , not bravado. |
nnofaith:If you greatly diminish the money/credit- creating abilities if banks in a generator economy such as we have, then you have Nuked the entire economy. Daahhhh!! That's my point. Which slowpoke drains the banking system of credit - creating abilities at a time of economic recession, when every major economy, economies more robust and diversified that ours, are doing the exact opposite by pumping as much liquidity as possible into the economy via the banking system? |
otokx:Nope. Based on on the lag time for economic policies, Nigeria might resemble Venezuela by this time next year. Let's stop pretending that this government has any workable plans. So far, everything is trial and error. That's why they say one thing today, and then contradict themselves tomorrow. The Nigerian ship of state is adrift in Rocky shores. There is absolutely nothing to be optimistic about, except for time-tested resilience of the Nigerian people in the face of all odds. |
Anyone who prays for 1 hour is mentally ill. This would probably be the most accurate diagnosis of mental illness. Adeboye and his charlatan ilk continue to poison the minds of Nigerian people for filthy profits. Woe unto them. |
MetaHuman:Bigotry? You must have me mixed up with someone else. Attacking religious and ethnic bigots does not make one a bigot. |
Anayordike:Lol. You seem to display the classic symptoms of atheist-phobia. |
Icecomrade:Bullshyte. Religion is the primary causes of many developmental problems. Is Nigeria not a good enough example? In this day and age, it is the equivalent of child abuse to infuse mentally debilitating stone age poisons into the minds of our children. Why do you think advanced countries my make it point not to include religious bullshytes into their educational curriculum? ![]() When will we in Africa learn and catch up with the rest of the civilised world? ![]() And , if religion is grounded on truth and reality, then what would be the harm in planting seeds of healthy skepticism in the minds of growing children? |
Speak2klein:Correction. We already are indispensable. We don't need to bow down to cows to validate our indispensability. Lagos state has been agitating , for a long time now, for greater and special revenue allocation due to it's population, it's vast infrastructural needs, and it's status as the economic hub and melting pot for all Nigerians ethnic nationalities. In fact, former Lagos state governor, Bola Tinubu, had a prolonged rift with OBJ on account of this legitimate agitation. And BTW, who is the Master or who are the Masters to whom Igbos must ingratiate themselves in order to receive our statutory benefits of being part of the Nigerian federation ? ![]() |
While I agree with some points here, I do disagree with the general thrust of this article. What I keep hearing , thread after thread, is that Igbos should pretend that all is well with the Nigerian federation, continue to play ostrich , and continue to take it in the arxx like all other pretenders and hypocrites in the land. No. Everyone is different. We are different. We agitate because we are pushed to agitate. We would not be Igbos if we endure and pretend like everyone else. When the southwest was under the jackboots of Abacha, no one said the southwest should not agitate. Everyone, every group that that has the courage should agitate, show their frustrations when necessary. Igbos should continue to speak up in the face of tyranny, nepotism and when the parochial interests of feudal lords sideline and marginalize our collective well-being. |
horpe132:Yes. While it is unlikely that she would be arrested for diplomatic reasons, being the wife of a President , having a sealed indictment hanging over her head like a democletian sword , I doubt that she would risk the potential embarrassment of questioning, brief detention or even media exposure in the US. A sealed indictment means that the US government has the prerogative to activate the indictment at any time it pleases. A sealed indictment against foreign dignatories are usually used for the purpose of blackmail when it is necessary. So, if the stories about Aisha Buhari's involvement are true, then it meals , and I speculate, that PMB is likely under economic and geopolitical blackmail at the moment. |
You would have better success preaching that to a loaf of bread. |
I am betting that despite all the noise from Donald Trump, Hilary Clinton will beat him by the largest landslide victory in US history. |
chriskosherbal:Yup! Pray for the Nigerian economy. But wait , what happened to all the previous prayers, the megatons of prayer power generated and beamed at the sky in the last one year ? ![]() Lost in translation, perhaps ? ![]() |
kettle84:They don't teach history in Nigerian schools. That's why they keep calling it " Igbo coup" . |
One of the problems with the way we deal with issues in Nigeria is the problem of compulsive labeling. I think our faulty thinking patterns render us mentally lazy over a period of time. We tend to compulsively mislabel things for convenience, so that we don't have to think about or deal with the real issues. Take for example, in a university campus, a criminal gang is LABELED a cult, instead of just plain old criminal gangs. If we call them the criminal gangs that they are, then it would become imperative to do the hard , dirty work to flush them out. So we Label them campus cults, just so that we can tolerate them. When criminal gangs from the Delta Creeks started kidnapping foreign oil for ransom, rather than call them criminal gangs, we LABELLED them militants. By so doing, we tacitly legitimized their criminality. When other criminal gangs in other parts of the country saw how lucrative the business kidnapping had become, the criminality spread like wildfire. In Rivers , Lagos and Ogun State s for example, when a crime of murder is committed, I still can't figure out how the media distinguishes between a militant, a cultist, a kidnapper, a political thug , a ritualist or just a random armed robber. Recently, when criminal gangs operating in the Lagos and Ogun axis Creeks upped their game of kidnapping, robbery, extortion, rape and murder, again, rather than call them criminal gangs and treat them as such, the media was quick to LABEL them " militants" for the simple reason that the criminals were alleged to be of Ijaw ethnic extraction. This compulsive Labelling, this mental reluctance to call criminals criminals is the reason we have so much lawlessness in the land. |
maclatunji:Joe Igbokwe is a well known Quisling of Igboland. It's an insult to reference Joe Igbokwe on issues relating to Igbos generally. Joe Igbokwe speaks for Joe Igbokwe, and not in anyway for Igbos of any category. |
maclatunji:I don't know whether to laugh or frown when I see ignorant people pontificating about issues or about a people that they know nothing about. I am betting that the OP has never lived in any part of Igboland nor probably visited any part for any extended period. I do not ever recall ever hearing any Igbo calling for war against the Nigerian federation. However those that preach and threaten war against the Igbo people had better grab their history books and remember that a lot has changed since 1967. I find it funny that everyone tends to awards themselves PhDs on or about the Igbo people, their attitudes, their grievances and their inner aspirations. You insult us with your very complex ignorance . This OP, a product of an educational system that doesn't teach history to their young, is here pontificating, ignorantly, that Igbos have no reason to complain and agitate for better lives, better living, better treatment,..a better Nigeria. ![]() According to the OP, Igbos should just relax and continue to take in the arxx like everyone else in this Feudal oligarchy we pretend to call a nation. The OP epitomizes the old saying: garbage in, garbage out. |
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