₦airaland Forum

Guestmale:
By charging it's customers outrageous charges.

nairalanda1:
It is very logical. Banks will do well, even when the economy is bad, because 1) there are opportunities for them in a bad economy 2) they operate...at least the good ones....under very careful rules and regulations 3) maybe insurance 4) Reforms from 1994-2007 essentially meant that you could not just go and open a bank without capital. 5) people in this country love to save their money, and most employers pay salaries through the banks.

First bank, Union Bank and old UBA did well in the SAP era , while most factories and businesses closed down (this was the time when people were complaining that factories and warehouses, at least in the Lagos area, were becoming churches) and car production at PAN kaduna went down from 200 cars a day in 1981 to less than 30 by 1995.

The real mark of an economy is its productivity. You guys are not asking your leaders why your government is not developing an economy that is, going to y'know....produce stuff that the world needs.

Don't tell me tinubu is doing something. He is doing what his predecessors did. He is not making the hard decisions.

Brendaniel:
Of course to only those who use tribalism and religious bias to judge everything...

bluebay:
Can someone shut this talkative up?

Tayorshd87:
Guy you don lie here...

Am a civil servant my minimum wage now can buy 1 and half bag of rice 🍚🌾

Kiss d truth 📌📌

favouritecandy:
My question to Mr Obi is this: If President Tinubu has destroyed the economy, how come a bank in which you have substantial shares (about 10%) and were its former Chairman of the Board?


Omo this is thought provoking

Vision101:
The money in the banks where does it come from? From the air?

If the monies in the banks are not lent out where will the banks make money from?

Will companies borrow if they have no need for the money? How will they repay? I can go on and on.

Infact any BABY banker, accountant and economist that reads this your submission will not bother to reply. They will just waka pass because it makes no economic sense.

Ijaya123:
From your submission, other companies that failed was due to lack of competent manager and not because of Tinubu's policies.

zero8zero:
Stop lying, His Next supermarket was shut down by the UK authorities in 2023 for lack of accountability and transparency. Obi thought it was like Nigeria where he could manipulate the figures, cheat the system and get away with it. Man is a packaged fraud.

PresidObi:
Fidelity bank and a single brewery in Anambra doesn't consist of the whole Nigerian economy!

Am so tired teaching these APC Hutchins sense.

Vision101:
No, to those that use finance and economics to judge everything.

9japride:
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Amongst all the politicians you know, does anyone one of them have the masses in their hearts?
Peter Obi is already made, it's the masses that have themselves to worry if they keep electing vampires.
So you expect him not to be doing well?
Imagine giving political power to someone like Reno? I wonder if they really hate the common man. He was once a minister, so he's already used to wealth. I only pity those supporting him.
Abeg guys reason the quoted statement and see the mindset of those who are fighting Peter Obi.

Chucks13:
Go and sell your story to ipob Ann's obidient, ok.

I'm not interested in your systematic political marketing for a fraudster biko.

9japride:
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You won't be interested because it's against your paid service.

Richtaiwo:
Peter obi can't be president, he is just deceiving himself.

chipet67:
Sincerely I want to believe this

Guyman02:
Nairaland is marketing this content creator here, every trash he says goes to FP for us to start arguing like Mumus here.
Can we start ignoring Reno Omokri here, he instigates tribalism and sectionalism in us

Richtaiwo:
Peter obi can't be president, he is just deceiving himself.

bluebay:
Can someone shut this talkative up?

Julius1995:
Go and find food chop first. The same way you may never breakthrough and are just deceivingyourself.

Exgee:
This guy is so obsessed with Peter OBI.

I wonder why he hasn't paused and asked himself why OBI has never replied him for once. This shows how inconsequential he is. Reno is a butterfly who thinks himself a Bird.

Brendaniel:
Then why single only Peter Obi ?