₦airaland Forum

And you told them not to sack workers

You won't bail banks out but you are ordering them not to sack?

You mopped up all public fund from the bank and they are trying to reposition, yet you won't let them? Government of force!

MetaHuman:
1000likes

Don't mind them, bunch of thieves, some of those useless directors earn as much as 7 million naira a month, they better consult Bayo Ogunlesi to teach them how not to earn FAT SALARIES IN A PERIOD OF ECONOMIC DEPRESSION

SleekAboki:
The money will logically come from the over $320 trillion so far recovered from Swiss and corrupt Nigerians.

so three hundred and twenty trillion dollars has been recovered? Do you APC people even know the value of the monies you just call?

234GT:
so three hundred and twenty trillion dollars has been recovered? Do you APC people even know the value of the monies you just call?

Why are you suprised? Don't you know that being a zombie is far more worse than being infected with ebola?

If Nigeria can have $320 trillion in its coffers, that shows we are having more than 100x (times) what Chinese who are the biggest forex reserves has.

USA in its whole existence can't even boast of $320 trillion at once

234GT:
so three hundred and twenty trillion dollars has been recovered? Do you APC people even know the value of the monies you just call?

I share your sentiments.

I shake my head for this country...... Why on earth will dey not bailout banks.They still believe dey(governments) have d control of the banking system smh.....
In summary,the banks don't need f govt approval on bailouts.What dey just do is print more money and walah bailout is created.


Bailouts=more money

and you asked them not to sack? abi they should start using customers deposit to pay staffs abi?
masses are complaining, the govt complain more than the masses are we to solve the govt problem?

If you try it and Nigerians don't finally react, na there I go know say their mumu go last.

agabaI23:
You won't bail banks out but you are ordering them not to sack?

You mopped up all public fund from the bank and they are trying to reposition, yet you won't let them? Government of force!

Tell us how banks you know in the world that operate with govt funds?

demmymoney:
I shake my head for this country...... Why on earth will dey not bailout banks.They still believe dey(governments) have d control of the banking system smh.....
In summary,the banks don't need f govt approval on bailouts.What dey just do is print more money and walah bailout is created.


Bailouts=more money

Nigerians banks don't deserve bailout, Nigeria always try to do what western nations do but at the end the fail horribly because they are diong it wrong. In western nations banks issue cheap loans (bet. 3-12% interest rate ) to every dick Tom and Harry without collateral as long as you have good credit rating.in that case every small business got loan, and jobs are created from the grassroots, the fear of stagnant economy is the reason western nations do bailout of banks, so the money can trickle down into the economy not just oil industry and man know man.

In fact the government should issue a strong warning to banks and let them know that depositors money, no matter how small must not go unaccounted for. And be ready to jail their executives ASAP, if such happens.

Remember banks can't print money only central bank can.

jpphilips:
Tell us how banks you know in the world that operate with govt funds?

Tell us where the government orders banks not to fire their employees.

blueseacats:
Nigerians banks don't deserve bailout, Nigeria always try to do what western nations do but at the end the fail horribly because they are diong it wrong. In western nations banks issue cheap loans (bet. 3-12% interest rate ) to every dick Tom and Harry without collateral as long as you have good credit rating.in that case every small business got loan, and jobs are created from the grassroots, the fear of stagnant economy is the reason western nations do bailout of banks, so the money can trickle down into the economy not just oil industry and man know man.

In fact the government should issue a strong warning to banks and let them know that depositors money, no matter how small must not go unaccounted for. And be ready to jail their executives ASAP, if such happens.

Remember banks can't print money only central bank can.

In short the banking system is a scam!!