₦airaland Forum

mbaboy:
There was corruption in Nigeria when Awolowo built Cocoa House, TV station and the first university in Africa There was corruption in Nigeria when IBB built Third Mainland Bridge, built Aso Rock, National Assembly Complex, turned Abuja into our Federal capital territory. There was corruption in Nigeria when Obasanjo brought Gsm, banking reform, police reform, civil defence, There was corruption in Nigeria when Jonathan introduced BVN and PVC, built 12 new federal universities, revamped railway lines, made Our economy fastest growing in Africa & third in the world. If anyone tells you the reason Buhari is not working is that he inherited corruption, tell them great leaders don't blame people and events for their failures. They simply accept responsibility and move on. Ask them, what has Buhari done after all the fake promise of fixing power in 6wks, reducing pump price to #45 naira, making N1 equal to a $ 1, stopping Boko Haram etc. It's a shame. The inferno truth is, corruption started from heaven when Satan violated a privilege given him. That never stop God's works. He waited for God to create man and brought his lawlessness and corruption into the garden of Eden. God wasn't moved. He introduced a redemption plan; The Savior was born, sadly, Judas Iscariot was there. Not discouraged yet, He gave us God the Holy Spirit. If anyone tells you the reason Buhari is not working is that he inherited corruption, tell them corruption is rooted in the DNA of homo sapiens ( Latin: wise man ) because we are just mere mortal infected with a virus of good & evil. Yet, great leaders don't blame people and events for their failures.

baliyubla:
The evil government is proposing just a 25% increase, when price of commodities and standard cost of living have almost tripled. No Government in the world, comes close to insensitive as this government. The dullard is simple evil.

Yankee101:
I can't remember insulting anyone. But here is the longer version of my argument, I expected if you were following bank closures you'll know all the issues at stake.


Lemme use Oceanic Bank as an example to clarify my point.
Why should the nearly $1billion dollars recovered from Ibru not be applied to shareholders funds? The judge that ruled had her daughter living in one of ibru's houses seized. Here in the US any rwcovered assets are applied to shareholders after depositors are balanced out. Tunde Ayeni of Skye bank is facing recovery. Where should the money recovered go?

Am I still in Iyana paja?

tobounty:
pls prof. sagamite anytime u are free just Holla. ..We really miss u.

filleSouriante:
Am not Igbo

chukzyfcbb:
Skyebank that has no annual reports for two years, with a very high Non performing loan ratio and abysmal capital adequacy ratio.

Even me wey no be Accounting student, seeing all these stats from '016 I knew it was only a matter of time before skyebank cave in.

If not that first bank is a tier 1 with very strong ties , they for don follow suite with their reckless loan offering

joegigs:
Bashing cant make you popular

Laggatumuch:
If you correct in rudeness, people will miss the message, no one knows it all , we are all learning, so correction is allowed but not correction with insults. We should correct others and also be willing to be corrected, and also apologize to those we have insulted, in doing this the world will be a better place. Any correction with insults is no correction at all

Great500:
I personally think deposits r insured by NDIC.... but the issue is that of shares...meaning all investors will lose their money.This is sad...like someone mentioned above just like MMM.

Laggatumuch:
If you are correcting someone whom you deem to be wrong is it a must to insult the person, we are all in the process of learning till we die , no one is perfect, so please and please don’t insult others while correcting them .

joegigs:
Sagamite I learnt alot today Buh I gotta say it to pass a message you shouldn't be so rude.

samvega:
But this is a Forum is not an academic platform Dumb stupid comments are allowed, even in our universtities you get even dumber comments from students but its all ok . People with better knowledge can put the facts right with proper evidence. We can all learn and grow. There is no need to be rude and insulting. We are supposed to be celebrating today you know!

dnapstar:
You have no idea how annoying it is when people comment on matters they know nothing about.
This is the reason why we have some many fake news and false information out there.
This is the major reason why our country is not developing.
Sometimes, you have to be rude to get your message across.

Simonrom:
Mr. VC of finance, you might have made sense but your lack of simple etiquette and manner of approach is worrisome. Since October 1st 1960, I have never seen anyone as rude and pompous as you are. Teach, not insult

diebuhari1:
Sagamite is gay

ntyce:
Won't respond to your vitrols afterwards, cos you are damn too rude.
The bank stopped borrowing from CBN lending window in 2017....
The mgts term was extended by 2 years last July, 3 months after you decide to handover to Amcon saying it needs to recapitalize and the same board is left to continue managing ...
Who is fooling who?

I still maintain that the bridge bank was created to take it away from the shareholders.

It's a vendetta against Ayeni and co.

I am however happy with that option.

PurestBoy:
We need more intelligent people like you on this platform. Oh where are the likes of Sagamite, Davidylan, and those fine contributors in the past. I miss them

Cocao:
You don talk am finish jare!

An investor is supposed to closely monitor his investments and seek information that will help him make the right decisions concerning his portfolio.

It is your business if you don't and something negative happens

brenister10:
No need to lambast the guy, oga dean of faculty of finance

ntyce:
I have always held you with high esteem but you chose to prove otherwise today....
To enlighten you more.....

I work there
When last did the bank borrow from CBN lending window?
In the statement issued by CBN, it said the current mgt performed well yet it was still handed over to Amcon....

Why were shareholders not given the options to recapitalize...
Where did the N820 billion injected in April come from?

Oga, park well and think before you open ur mouth....

Tollzara:
Perception isn't reality, but our reality is what we perceive. We usually can't see beyond our senses, and even worse is the fact that we are permanent prisoners of our own minds. Evidence is not proof. It rarely goes beyond the world of mere appearances and apparent reality. It is more superficial than it is deep. For this reason, you'll see thousands of innocents on the death row, thousands of criminals acquitted by the most honest courts. No one has the "God Eye View", and Nietzsche scored a bull's eye when he declared that humanity has no organ of truth. More often than not, evidence has brought about the very death of truth. Crimes have been committed and innocent lifes squashed on the altar of "honest facts" and "irrefutable evidence".

And here comes the saddest part: evidence is not proof, but you can't objectively "prove" anything to anyone without "evidence", even though evidence itself is proof of its own fallibility and unreliability.

So, few days ago, I created this thread https://www.nairaland.com/4745306/pregnancy-result in an attempt to see men's reaction to female-on-male rape, how conscious they can be of its reality, and how despicable and how much of a big deal they would find it to be. But, lo and behold, my guys didn't see the crime. Rather, they considered themselves the ones in problem in any such scenario - because, apparently, they've impregnated a lady, and they will have to be a father. The horror. The horror. Niggas so scared of making women gravid, so much that they forgot, or totally missed the fact, that it was the lady who had actually raped them. They've been unconsciously programmed by society to take male rape for granted.

I've observed this phenomenon for a while now. Male rape is never a serious issue. Some people even consider it absurd and impossible. Very minimal attention is paid to it, and it never triggers as much outrage as the most primitive forms of female sexual harassment. I consider this outright wrong and dangerous, and would really love to draw people's attention to it.

Did you know that in America and Britain, if a woman rapes you and gets pregnant afterwards, you'll be forced to pay child support to your rapist? It is an obligation on your part, you see. You have no say in the matter. It doesn't matter that you never consented to the sex that has made you a father by providential accident. Heck, there have been cases where even underage boys are made to pay child support to their rapists.

Is this just? Isn't it detestable? Isn't it crazy? Isn't it absurd? Why does anyone tolerate it? What kind of madness? Shouldn't this injustice be fought against? Why is no one fighting it in the West? Why are such barbaric, extremely biased laws not met with aggressive opposition? What do you think about it?

And here's an even sadder and interesting fact. Did you know that it is extremely difficult, if not impossible, to prove female-on-male rape through medical evidence? Because even the slightest vaginal skin tear can be taken advantage of by your rapist, in which she can turn the tables on you by playing the victim while accusing you of rape. So the medical "evidence" available can even destroy you after you've been wronged. That's why I called it sad, because there's probably nothing anyone can do about this.

So, what are your thoughts? Shouldn't our blood boil when male rape is reported, as much as it does when the female is the victim? Do you think our lack of sensitivity and tolerance towards it that makes us take it for granted is dangerous and disturbing, or do you consider it harmless and my worries needless? Do you believe a man should pay child support even though he was raped? Do you think something should be done about such stupid laws? And if you're a male responding, what would you do about the pregnancy resulting from such distasteful, criminal violation of your right?

Cc. MissWrite
Shaybebaby
AgentOfAllah
Offpoint
Dami12345
FiremanP
Sagamite
zinnyzee
IamLEGEND
OneManLegion
CAPSLOCKED
Hidentity

Cocao:
But Ogas,

When a bank falls like this, shareholders fund is usually the first to go. You should know that when investing. You saw that the bank was not holding annual shareholders meetings for a while, you had the opportunity to sell and leave, but you decided to stay. It was a risk you took. Don't conman block our ear biko.

Cocao:
Eh... Investors are not the main focus of AMCON or CBN or NDIC.

Depositors are. Depositors are considered to be doing their businesses in good faith and shouldn't suffer any loss.

If after every every, there is extra money, then investors comes next.

TOPCRUISE:
Share holding is not a ponzi scheme

ntyce:
This was the real intention of CBN, to take the bank from the shareholders...
CBN said the new mgt performed well yet you sold to Amcon?

There are buyers on ground, nothing was wrong with Skye

ifymadu:
This shouldn’t happen, those responsible for mismanaging the funds should be held accountable. I’m sure most of these shareholders have not been paid dividends for a while and now they are about loosing their investments.

Yankee101:
The new bank did not buy zero or negative, they should be given the % of the value of the old bank in the new setup. Nigerians just love to steal and use other people's money to grow rich. It's simple finance not rocket science.

Do you know why most men in the west don't usually apply for divorce?

If a man files for divorce -he'll always be at the loosing side. If the woman doesn't have kids for him, he'll be ordered to pay money (it is known as divorce settlement)
Ask yourself, how many women who filed for divorce have paid money to their husbands?
I can remember, a lawyer told me that- men lose more because they wasted women lives (how exactly did I waste your life because I filed for a divorce after 10years of marriage ?)


I've come to realize that Gender equality is a scam.


Cc mindfulness

lazeal:
Chai... I miss this bro. Kai

JennyKadry2:
Sagalicious Sagamilo . What have you done to your second wife Busybody?

iammo:
as a Yoruba man it is socially inappropriate in my culture to speak ill of a person in the immediate aftermath of their death, again as a muslim, it is frowned upon by my religious beliefs. lastly ghost and metaphysics is still observable by science but not explainable as current technology can't go beyond our current reality, as universe is believed to contain black matters that are beyond human reality e.g blackhole/wormhole. true nature and dimension of gravity. people with wisdom would be smart to stay clear of invoking/provoking "ghost" or occultic phenomenon if they are not certain of the result of the such

adewumiopeyemi:
You are very stupid for this your statement.. coming to my mention and saying this trash.. get a life bro.