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Nairaland Forum / Nairaland / General / Politics / Video: Wigwe Is Responsible For Dollar Crisis In Nigeria (6762 Views)
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Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by shortgun(m): 11:38pm On Feb 13 |
https://www.youtube.com/watch?v=MPXiUyxmhao?si=C5guiNYXGwoKvjYO In the video Nigerian statesman Bode George accused the late Access Bank Helmsman and other top bankers like Adeola of being responsible for the dollar crisis ravaging Nigeria for many years. According to Mr. Bode George, Wigwe receives millions of dollars from the CBN monthly intended for the Nigerian populace but diverts them, selling to bureau de change dealers at inflated prices and profiting and undermining the Nigerian economy. He claims this is how top bankers amassed immense wealth. He asks, "Where is Wigwe's factory that has made him stupendously wealthy?" He said the wealth Wigwe derived from corruption has enabled him to establish a university and boldly advertise it on CNN. Mr. Bode George concluded by saying that Wigwe should be invited for questioning. ...and many more Note: this video was made before the death of Mr Wigwe 11 Likes 3 Shares |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by saddler: 11:40pm On Feb 13 |
Matters arising |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by MadamExcellency: 11:41pm On Feb 13 |
Is it why he killed him? 1 Like |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by shortgun(m): 11:43pm On Feb 13 |
MadamExcellency:Was he killed? 15 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by christistruth01: 11:47pm On Feb 13 |
What bode George is saying is deep He means that the hugely discounted Foreign Exchange FG gave to banks to help drive National investment and Production for decades was sold to Mallams in the Black Market Rate and the profits pocketed by Bankers making them stupendously wealthy instead of the money being used to build Nigerian Manufacturing and driving National Industrial Development Nigeria would have had a better result if it had given the money to Serious Nigerian or even Lebanese Industrialists based in Nigeria because they would have actually built the Industrial Infrastructure and industries Nigeria needed with the discounted Foreign Exchange from Government 45 Likes 8 Shares |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by olisaEze(m): 11:53pm On Feb 13 |
I don’t care if you’re looking for traffic or engagements, but it can never be well with you. Imagine you’re one of the victims bereaved kids, currently confused with all this, stumbling on to this headline. Your upbringing is evidenced by your lack of respect for both the living & the dead. 13 Likes 1 Share |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Jogs1900: 11:55pm On Feb 13 |
The truth is top bankers in Nigeria made their money from dollar racketeering...The likes of Wigwe, Tony Elumelu, etc. During Abacha's time, he jailed many bank executives and withdrew their banking licenses because of dollar racketeering. 41 Likes 3 Shares |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by YorubaDemonswag: 12:04am On Feb 14 |
Baba bode George again? E be like sey old age don dey tell for Baba's body 2 Likes 2 Shares |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by makemoneywbsite: 12:09am On Feb 14 |
christistruth01: Black man. You'll always find a way to circumvent the fact because of your instability and unwillingness to face the truth. Even if they give you trillions of dollars, you'd still accomplish nothing. Is it not the same country where multinationals are closing shop or another? There is no place on earth where industrialization took place without a political will. Whether Japan or Singapore, China or Hong Malaysia, a country without sound leaders and incapable of creating basic drivers like regular electricity and security will keep moving in circles. Let's not even talk about corruption in high places. Until Nigerians understand that the country is just a cash cow where ethnicities bicker for their share of the cake, no progress will be made. You've already wasted more than half a century doing the same thing without making progress and still don't understand. Until you guys sit down and understand that as presently constituted, this is a country of strange bed fellow with different purpose. Ask yourself why you cannot undo what the colonialists did if it hasn't favored you for nearly a century. If bankers have been diverting funds, why have you not been able to check them if not political incompetence and dysfunctional system? The fact remains that outflows move through the orifices of least resistance and Nigeria's problem is mostly political leadership. The day that is fixed, the lines would naturally fall unto pleasant places. Until then, alooters continua. 13 Likes 3 Shares |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Anguldi(m): 12:15am On Feb 14 |
Another gazelle gragra |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by gaby(m): 12:17am On Feb 14 |
Make Balablu make Bode George CBN Governor abeg.. |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Anguldi(m): 12:27am On Feb 14 |
Jogs1900: Abacha gave them a heavy blow. A military styled tribunal headed by a civilian high court judge. The pass judgement within 21 days 13 Likes 1 Share |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Jogs1900: 12:42am On Feb 14 |
Anguldi:The fear of Abacha could be among the reasons the dollar rate was stable throughout his tenure. 8 Likes 1 Share |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Penguin2: 12:44am On Feb 14 |
Is that why they murdered him? |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by TheBillyonaire: 1:06am On Feb 14 |
These banksters are all thieves. They hardly will let you access your inflow, cos they are busy trading with it. 3 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by malali: 1:07am On Feb 14 |
If we do not address ill gotten wealth in Nigeria. Nothing will work The Chinese government takes a strong stance against corruption, and penalties can range from administrative punishments to severe legal consequences, including imprisonment and even the death penalty in extreme cases. 16 Likes 1 Share |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by adeniyiemmanuel(m): 1:11am On Feb 14 |
shortgun:u are a BIG full for hating the truth u should learn... 1 Like |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Kushites: 1:14am On Feb 14 |
olisaEze: So he is immune from criticism because he passed away? Are his bereaved children more important or worthy than the Nigerian children who suffered in consequence of his actions? HELL NO! 31 Likes 6 Shares |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by wrongnumber: 1:43am On Feb 14 |
olisaEze: You are expressing stupidity. Is his death more important than other deaths in Nigeria unspoken of? 25 Likes 2 Shares |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Anguldi(m): 1:48am On Feb 14 |
Jogs1900:Yeah 2 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Anguldi(m): 1:51am On Feb 14 |
Penguin2: Ask USA authorities 3 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by 123yes(m): 2:55am On Feb 14 |
In Nigeria truth is always bitter. Come and see how the children of Jezebel will be attacking Bode George for speaking out the truth to power 10 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by kingthreat(m): 4:08am On Feb 14 |
Stop praising the rich in Nigeria. They are all crooks. None of them is clean. This is not about bad belle or jealousy. Most of them abused the Nigerian system to achieve their wealth. Those that didn't involved in a lot of diabolical acts. The clean ones are few. I mean very very few. 12 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by APOPTOSIS: 4:14am On Feb 14 |
No single Lie in what he said. Undiluted Truth. Most of these men capitalize on the weakness of the institutions in Nigeria to sustain Havoc. 3 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by aariwa(m): 4:15am On Feb 14 |
The reason I don’t admire the so called billionaires that flaunt wealth because a lot of them caused people pain, sorrows and death to get those billions. I admire men of integrity and hardwork more 3 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by BigIyanga: 4:24am On Feb 14 |
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Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by tafabaloo(m): 4:43am On Feb 14 |
This explains one of the reasons the regular debit cards was stopped from being used to conduct transactions on online platforms, like ali Express and Amazon, while hiding under the fight against terrorism. To purchase goods and services on some of these platforms, one is required to open a dollar account, which has to be funded using dollar cash procured directly from black markets, These ungodly banks would later resold the dollars o black marketers, and the cycle continues, while those genuinely in need of FX, such as importers and those in need to pay tuition and hospital fees are pushed to mallams to source for the scarce dollars. Chei ! These guys have destroyed this country. E no go better for these people, including our politicians who support this evil, both living and dead because their actions have sent a lot to early grave. None of them will live to enjoy their loot in Jesus name. 18 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by Houseontherock1: 4:46am On Feb 14 |
I'm sure people are just keeping quiet because as usual,we don't speak I'll of the dead. But some of these people...may God just forgive us all 3 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by olandan: 4:55am On Feb 14 |
Who killed who? |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by quadraheem(m): 5:08am On Feb 14 |
It’s so unfortunate that no one is seeing any sense from what this man is saying. Our current economic problem actually got worsened by these set of people in the banking industry and their cohorts. 3 Likes |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by wirinet(m): 5:21am On Feb 14 |
Jogs1900:This is the absolute truth and nothing but the truth. Nigerian bankers are the main cause of the dollar crisis we have in Nigeria. They are all criminals pretending to be bankers. Have you ever wondered why Nigerian bankers are the richest bankers in the world. How many actual banking do they do that the likes of Wigwe, Elumelu, Ovia are richer than US, UK, Chinese and even Swiss bankers. Banking business is supposed to be collecting money from customers and lending to other customers and profiting from the difference. Nigerian bankers business model is all about round tripping - they collect money from government at official rates and sell to Nigerians at blackmarket rates through bureau de change and mallam. They are singlehandedly responsible for the destruction of the Naira. This was why Abacha jailed them all, they are all criminals. When Abacha liberalised the Banking industry, these criminals duped ordinary Nigerians billions of naira with wonder banks. They were the ones that destroyed that noble policy. 18 Likes 1 Share |
Re: Video: Wigwe Is Responsible For Dollar Crisis In Nigeria by ruggedtimi(m): 5:39am On Feb 14 |
Bt personally i wondered how that man got so wealthy if not dirty deals with politicians and FX 8 Likes |
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