₦airaland Forum

road to niger
rail to niger
electricity supply to niger
fuel from niger
...am thinking...is this president from niger

The simple truth

Any thing this government call fake news is the true and real news.

Old losser

Strike holds and we match with labour.

Government propaganda will fail, it is not festus kiyamu that call the strike....

The last update by labour...

The Organised Labour in Lagos State has said all sectors would be shut from Monday.

He said airports, banks, and offices would not be allowed to function.

Deputy Vice President, Nigeria Labour Congress, Amaechi Asogwuni, spoke at a news conference on Sunday.

“No airport will be in operation in Nigeria; banks are not expected to function, so no business owners should risk himself, for Nigerian workers have taken that decision”, NAN quoted him as saying.

“We are the workers and we are withdrawing our services; we have the right to do so because protests are our constitutional right. And I believe we will enforce it; schools shall remain closed until this action ends.”

The labour leader appealed to Nigerians to join the protest.

He reminded them that it was part of their quota to democracy.

On the increase in petrol price, Asogwuni said the federal government should have engaged the organised labour and other stakeholders.

“The government did not do that at a time it ought to; it failed in its duty to engage labour before time. On the issue of electricity, the government had earlier had an interaction with labour in Kano and we discouraged it from proceeding.”

Last update from labour stand.

The Organised Labour in Lagos State has said all sectors would be shut from Monday.

He said airports, banks, and offices would not be allowed to function.

Deputy Vice President, Nigeria Labour Congress, Amaechi Asogwuni, spoke at a news conference on Sunday.

“No airport will be in operation in Nigeria; banks are not expected to function, so no business owners should risk himself, for Nigerian workers have taken that decision”, NAN quoted him as saying.

“We are the workers and we are withdrawing our services; we have the right to do so because protests are our constitutional right. And I believe we will enforce it; schools shall remain closed until this action ends.”

The labour leader appealed to Nigerians to join the protest.

He reminded them that it was part of their quota to democracy.

On the increase in petrol price, Asogwuni said the federal government should have engaged the organised labour and other stakeholders.

“The government did not do that at a time it ought to; it failed in its duty to engage labour before time. On the issue of electricity, the government had earlier had an interaction with labour in Kano and we discouraged it from proceeding.”

The strike hold...it is not Festus kiyamu that called the strike , this is a scheme to discourage participation.

We match today with Labour union...solidarity forever.

NCDC is marketing #CoronaVirus and destroying our Lives.

Enough of this #Covid-19 Nonsense. 386 new cases? We have played fool enough!!!

And you have discharged 679... What did you give to this ones you discharged?

#Covid-19 is a war, and in times of war you get everyone prepared. Tell Nigerians what this ones discharged took and let everyone take it and be safe.

Is Corona more deadlier than Tuberculosis, Sars, Pneumonia, Aids?

Early detection saves the life; tell people how to boost their immune system and stop creating marchants out of Corona.

People are dying everyday for more serious ailments because they can't access hospitals. People have diabetes, kidney issues, liver issues, heart diseases, cancer, BP, labour complications, Hiv, Brain issues, Lung disease, etc, some need to go to other states to access hospital services... They are dying in numbers and no one is counting them because you are counting Corona.

We were told the symptoms of Corona are cough, catarh, difficulty in breathing, and the mortality rate is very minimal which we have seen in the results NCDC have been releasing.

These symptoms are things people have been suffering from and we have been managing them well in hospitals here in Nigeria, we have seen people with difficulties in breathing and they were treated.

Why are we marketing Corona in Nigeria?
Why are we harming ourselves intentionally?

Creating fears, hardship and tension on innocent citizens.

You promised 40,000 testing in 1 month, and this is almost 2months and you haven't tested 20,000

3000+ active cases and 679 discharged, which confirms mortality is less than 6%. Why then do you want to kill the entire country with fears.

Do you know how people struggle to survive in this country? Do you know the more hardship you are forcing on people by marketing Corona?

Now we will be forced to open our borders for importation of rice, can foods and all sorts of junks again cos we will be running out of food soon , at a time we were almost food sufficient.

Enough of this politics that NCDC is playing with our Lives.

This is the second month we Shutdown our offices with no means of livelihood, and you are just counting numbers for us daily.

Are you really concerned about our plight and survival?

First you took to every Tv and Radio station to market Corona. Every second they advertise Corona, to instil fear in people when you know this disease is not a death sentence.

There are thousand and one proactive ways of approaching this disease, but you want to make all the money you can make from it at the detriment of our economy, at the detriment of people's livelihoods.

The President have been struggling to get our economy up, and within a twinkle of an eye everything is back to zero, no state can boast of 1billion naira IGR.

This is planting season and no farmer is in the farm,no rice paddy for rice meals to process, nothing.

NCDC stop marketing Corona, stop raising tensions, stop destroying our economy.

Tell us how you managed the 679 you discharged, train doctors on it, and let hospitals manage Corona patients, Corona is not going to leave us even if there is a vaccine today.

People need to get back on their feet and live.
Enough of this Corona Nonsense!!!
Corona is not a death sentence!!!
Just like Cancer, early detection saves the life.
Am tired menh!

The devil is a liar

Location?

Location _state

Game changer....jagaban n oshobaba in kano to aid gandolar as Kwankwaso is out with about 3000 followers on a walk from Kofar Mata to town daring security to shoot him that INEC must announce the results they have as anything contrary will set kano in flame.

Abba gida gida abba

Location

Nigeria
Apc 12,366,982
Pdp 15,112,763

decong:
Dont miss this offer

price and location

Location ?

This is laughable...na so sai baba Buhari cabal d3y fear

Boko haram was starve by both resource and personnel, but this government released uncountable numbers of them in detention under the guese of rehabilitating then now they are back with their team...but why?

Independent Directors Accuse Diamond Bank Of Corporate Governance Issues

Letter by the Chairman of the Board to CBN


RECENT DEVELOPMENTS AT DIAMOND BANK PLC –NEED FOR URGENT ACTION

This letter is written without prejudice and is intended as an instructive, unvarnished, and factual rendition of the truth, for posterity sake. My overall and irrevocable interest remains ensuring the reversal of the declining fortunes of DIAMONDBNK, as well as ensuring that no party, however and wherever placed, threatens the survival of Diamond Bank and the integrity of the Nigerian financial system. It is my hope that all concerned remain faithful to the objective requirements and fiduciary obligations of their positions of stewardship.

I speak on behalf of myself as chairman of DIAMONDBNK and 3 other non-executive directors (NEDs) of the Bank namely Mr Rotimi Oyekanmi, Mrs Juliet Anammah and Mrs Aisha Oyebode. As individuals and as a group of professionals with direct knowledge of the events captured below, I state emphatically our dissociation from any dangerous abuses of office highlighted below, and insist that proper governance be maintained in this, and all other cases. I assume that the CBN did not have all the facts prior to now; if so, it is my assessment that it is not too late for the CBN to do the correct thing by insisting on the Board oversight of the underlying matters, as referenced in our prayer in this letter.

We are all technically independent directors of DIAMONDBNKas we do not represent the interest of any specific shareholder but the interest of all the stakeholders especially those whose investments have made Diamond Bank what it is today as a systemically important bank in Nigeria.

As Independent non-executive directors, we are all very concerned and motivated particularly by concerns of a bank that now appears to be adrift with no direction and leadership, exacerbated by misinformation and counter information within the media. The most recent being the assertions in the media on Monday November 12, 2018 that the bank is to be acquired by Access Bank only for that to be denied by Access Bank, which has now totally dissociated itself from any such transaction. AlsoDIAMONDBNKhas also dissociated itself from the assertions in the media. I have elected to ignore comments from various quarters that the Access Bank transaction is favored by the CEO, and the very loud boasts by the CEO himself that the Access Bank transaction has been endorsed by our regulator, to the exclusion of all other options being considered by the board; as I have also chosen not to speculate on the incentives and motivation for his haste and the evident abuse that will be perpetuated if any such deal is allowed to go through without following due process.

1. Our Position

DIAMONDBNK’s performance has continued to decline. Current forecasts indicate the bank will close 2018 on significantly lower profit (or even a loss situation) than planned. Management was not able to attend the Q3 Analysts call and we are aware that S&P has downgraded the bank’s credit rating. The bank had neither declared nor paid any dividend since 2013 and the Bank was only meeting the CBN Capital Adequacy Ratio (CAR) by the grace of CBN forbearance and the current financial position of the Bank does not show any signs of improvement.

The Bank is in dire need of recapitalization. Nonetheless, the Board remains the foremost governing body of the bank with the fiduciary responsibility to protect the interests of all shareholders, thus, all recapitalization proposals including potential acquisitions can only be by a full Board for consideration and approval.

The Diamond Bank Board has 5 “independent” NEDs and the action of the CEO in now attempting to remove 4 of these 5 NEDs, after the fact, was prejudiced and selectively done to undermine the independence of the NEDs. The insertions and “acceptance” of their purported resignation, contrary to the decision of the full board in a meeting, to rescind the decision, was in bad faith and is ultra vires and of no consequence and effect. This attitude of the CEO in fact aligns with the CBN examiners’ observation referenced in paragraph 3 below regarding corporate governance where the management takes actions either without notifying the Board or without securing Board approval as has been seen even in matters concerning the investment vehicle of the CEO’s family.

Further, according to CAMA and SEC Rules, only the Board can accept/approve the resignation of a director. Thus, an acceptance by an executive such as the CEO being null and void and illegal suggests that an acceptance by the CBN based on this illegal action by the CEO appears to have been done hastily.

Indeed, the said resignation of the 4 NEDs never came into effect in law and the Bank through its Board at the meeting of October 22 2018 continued to hold them out as Directors with no dissent from any director. The 4 NEDs remain on the board of Diamond Bank unless and until they have tendered their valid letters of resignations and the Board has accepted same.

2. Background and Context

Following several directors reaching their expiration of tenor in 2016/2017, the board decided in alliance with international best practice to have a more professional and independent membership, and, therefore, brought in additional professionals to help steer the Bank. These board members are myself, Mr Rotimi Oyekanmi, Mrs Juliet Anammah, Mr. Dele Babade, Mr Idris Mohammed, Mr. Chris Ubosi and Mrs Aisha Oyebode. And the board recently recommended Mr. Oghogho Akpata to the board awaiting confirmation from the CBN

The board identified the need to inject equity into the bank. In addition, the bank had several financial obligations due in 2019, which the board insisted the funding should be in place by end 2018 (before the Nigerian elections). To improve the viability of the bank, the board had approved the sale of its subsidiaries outside Nigeria as this would be expecting to lead to, subject to the CBN approval, a reduction in the minimum CAR from 15% to 10% upon conversion of the bank to a National Bank (from International Bank).

The board then discussed the options for raising capital and one of the key shareholders indicated interest in injecting more equity into the bank but on condition of a change in management. Observing the issues of performance, the board then decided to first determine the capital requirement by appointing advisers to review the loan book. The result of this evaluation was expected at the end of October 2018 and we presume this has been received by the bank

The Central Bank examiners, in August 2018, had highlighted potential gaps in corporate governance based on transactions which, from their assessment, executive management had not disclosed to the board as it ought to have. Specifically, the examiners highlighted the new corporate head office which was under construction and observed that the progress in terms of cost and status of progress was not captured in any board minutes and indeed was not discussed nor was any budget approval for cost increase discussed or presented to the board.

With the examiners’ concerns, new capital being contemplated and declining performance of the bank in the past 4 years, the Non-executive directors (NEDs) critically assessed the quality of executive leadership of the Bank and the need to strengthen the leadership. A key shareholder CSSAF DBN Holdings demanded an immediate removal of management principally the CEO but the Board favored a less drastic approach to minimize disruption and also enable the Board secure new leadership.

After several discussions, the CEO, of the Bank who is also a representative of the second largest shareholder Kunoch Ltd agreed to resign effective January 3, 2019 but would not tender his letter to confirm his verbal notification. In response, the representative of CSSAF DBN Holdings therefore at the Board meeting held on October 18, 2018 put forward a motion for the removal of the CEO with immediate effect. This was despite continuous negotiations and attempts by members of the Board, to provide an amicable solution to this impending shareholder fight and reaching several tentative agreements, which were frustrated by both parties. Nonetheless due to technical reasons and reluctance of board members regarding an immediate removal of the CEO, the vote for the removal of the CEO was postponed, pending legal clarifications, which could not be provided by the Company Secretary.

The CEO, at the October 18 2018 meeting, had a financial adviser appointed by the executive management without reference to the board to present to the board various strategic options for recapitalization either through an internal rights issue or possible merger with other Tier 1 banks. While the board stated that this was to have been presented to the board capital raising committee, it allowed the presentation to be made. The presentation, though based on 2017 financials was still very high level and, was well received by the Board and the board directed that the recommendation be passed on to the capital raising committee of the bank to evaluate this along with all other options being considered – new injection of capital by the shareholders, merger with a local bank or position to partner with an international bank not currently operating in Nigeria

On Friday October 19, 2018, due to the lack of clarity on the motion for immediate removal of the CEO, the representative of CSSAF DBN Holdings informed board members that as a majority shareholder CSSAF DBN Holdings would call for an Extraordinary General Meeting to remove the CEO since the board had not voted on the matter. The 4 NEDs then decided that it was becoming a shareholder fight, which they felt could have been averted either by the CEO tendering a letter indicating his resignation effective January 3, 2019 or by CSSAF DBN Holdings accepting to give the Board the responsibility of ensuring the issue is resolved amicably. Purely on this basis, the 4 NEDs wrote to resign their appointments immediately by emails to the Company Secretary to allow the 2 shareholders resolve the impasse

The action of the 4 NEDs had the desired purpose of forcing the key shareholders, with the intervention of the CBN, to resolve the impasse. The CEO eventually wrote the letter indicating he would resign from the bank effective January 3, 2019. This letter was written on Diamond bank corporate letter head, addressed to the CBN Governor and forwarded to the Bank Chairman (who had purportedly resigned.). With the letter and the substantive matter seemingly resolved, the 4 NEDs, after tremendous pressure by all parties concerned to rescind their resignation including the representatives of CSSAF DBN Holdings, Kunoch Limited and the CEO himself, on Sunday October 21 2018 sent emails to the Company Secretary notifying her of their decision to rescind their resignation given that the impasse had been resolved.

Another positive and significant outcome was the delivery, by the majority shareholder, of its intent to inject further capital into the bank since their condition that the CEO be removed had been met (by his resignation notice)

The CEO then called for an emergency board meeting on Monday October 22, 2018 to request a mandate for the CEO and executive management to review and conclude on a potential strategic merger as an option for recapitalization. The company secretary sent formal notices to all the 13 board members and all 13 board members (including the 4 NEDs who had previously and purportedly resigned and rescinded their resignation) were on the call. It was most disturbing when the CEO, who was on his way out, vigorously sought exclusive powers to negotiate and conclude the terms for the alleged acquisition of Diamond Bank by Access Bank, a development that had never been tabled before the Board, and which, (if and whenever received) like other expressions of interest, should be subjected to objective evaluation by the Board and its Advisers. This sought mandate was not given to the CEO for the reasons stated above.

The CEO’s resignation letter was also discussed and the CEO stated his preference thatthe letter be regarded as a private letter and excluded from board minutes.

The Chairman stated that given the implications of its content for the bank which had been discussed by the Board, it had to be included in Board minutes. Immediately after the meeting the Chairman sought the legal advice of the Company secretary who confirmed that given the NSE listing rules, the letter was material and the NSE should be formally notified. The Chairman then asked the Company Secretary and the Chairman of the Board Governance and Personnel Committee to review the Rules, following which the Company Secretary was to proceed in compliance them. The further action of the CEO on October 24th truncated this process and as of writing, the minutes of the October 22nd meeting have not been circulated and it is not certain if the bank has formally notified the NSE of the CEO’s impending resignation on January 3rd 2019.

The strategic option was again referred to the Capital-Raising Committee, which met immediately after the board call; the committee is made of 4 NEDs and 3 Executive Directors (including the CEO).

The Capital-Raising Committee agreed to consider 5 Advisers. It was further agreed that the Terms of Reference would be drafted by one of the members and the Advisers were to be contacted within 48 hours of the meeting.

It came as a total surprise to all the NEDs of the bank to read in the media on October 24th that 4 NEDs had resigned to create room for a potential investor planning to invest in the bank. This was patently untrue. These deceptive and invalid media stories have amplified in volume and tone, with the latest being a convenient and self-serving story in the November 12th, 2018 edition of The Nation newspaper, wherein the position long canvassed by the outgoing CEO was portrayed as the position of the Board and Bank.

For emphasis, the Board has never received any expression of interest by Access Bank for any form of merger or acquisition involving both Diamond Bank and Access Bank. If and when that is received, our principled position remains that the criteria must be defined by the Board; all valid and competent interests objectively assessed, and a determination made in the transparent and fiduciary cause of protecting and preserving the legitimate interests of the shareholders, depositors, staff, and other stakeholders of the bank.

Further to this media article, on October 25th the CEO further sent letters to the 4 NEDs purporting to accept their resignation. The Company Secretary also posted a notification of the resignation of the 4 NEDs on the NSE issuers’ portal and finally the CEO sent a letter from the CBN which was addressed to him and in which the CBN accepted the resignation of the 4 NEDs and instructed the CEO to find replacements

Since then there have been media reports with varying renditions of the facts.

This letter has been necessitated by the following:

The seeming lack of regulatory / procedural clarity regarding the purported resignation of four directors to which it is important that the three regulators; CBN, SEC and NSE jointly or severally make a pronouncement directly to the bank on these matters having now been apprised of the facts in the foregoing and other consultation they may have had.
The need to maintain corporate governance in the bank and protect the interest of all the shareholders of the bank.

Our Prayers

That all regulatory bodies copied in this letter objectively review the foregoing and address this matter promptly in a manner that restores confidence not only in Diamond bank as an entity but in the financial system as a whole.
That the said regulatory bodies continue to support the Board of Diamond Bank in discharging its fiduciary responsibility in protecting the interests of all shareholders and stakeholders.
That the Board be allowed to convene the Board strategic meeting as planned for Q4 2018 to discuss the above matters and decide the way forward.

We trust that at this particularly crucial time, the Central Bank of Nigeria and indeed all the regulatory bodies copied in this letter will take necessary steps to prevent the manifest erosion of corporate governance in any bank, as this could very easily have negative and far reaching systemic effects.


Yours Sincerely,


SEYI BICKERSTHETH

CHAIRMAN, DIAMOND BANK PLC

cc:

· President, Nigerian Stock Exchange

· Director General,Securities and Exchange Commission

· Chairman, CSSAF DB Holdings

· Chairman, Kunoch Limited

· Chairman, African Capital Alliance

PRESIDENT BUHARI’S BLURRED NATIONAL BINOCULARS
IN APPOINTMENTS
By:
CHIEF MIKE A. A. OZEKHOME, SAN, OFR, FCIArb, Ph.D, LL.D.
CONSTITUTIONAL LAWYER AND HUNAN RIGHT'S ACTIVIST

The recent appointment by President Muhammadu Buhari, of Yusuf Magaji Bichi, as the new Director-General of the DSS, in replacement of Matthew Seiyefa, has once again replayed PMB’s obsession and fixation with his ethnic and religious leanings. Yusuf Bichi is from Kano state, North/West (same as Buhari), while Seiyefa hails from Bayelsa state, a minority ethnic group in Nigeria that produces a substantial part of our oil resources – the goose that lays the golden egg, the people who constitute the hewers of wood and drawers of water. It is clear to me, with all humility, that PMB’s presidential binoculars regarding appointments are heavily blurred.

This appointment comes immediately on the heals of the appointment of Abass Umar Masanwa from Kastsina State (same as Buhari), as the Managing Director of the Nigerian Security, Minting and Printing company. By this new appointment, which has generated uproarious disapproval from across the length and breadth of Nigeria, PMB has yet again demonstrated an uncanny inability to view Nigeria from the prism of a nationalist and president of all. He sees Nigeria as a minute and atomic unit of his ethnic group, thus displaying crass ethnocentrism, sectionalism, nepotism, tribalism, parochialism, cronyism, clannishness and favourtism.

The drama commenced when Abba Kyari, PMB’s Chief of Staff, who is defacto Vice President of Nigeria (Prof Osibanjo, SAN, are you hearing me?), ordered Seiyefa, in a most imperious manner, to rescind postings he had earlier made towards reforming the highly politicised SPY agency. It is clear that if PMB had not been in London when powerful Daura was preemptorily removed by Osibanjo who was acting president under Section 145 of the Constitution, Daura who had instructed hooded DSS operatives to invade and shut down the NASS, would have been left untouched as a sacred cow. He was (and perhaps, still is), one of the most powerful gurus in the cabal within presidency).

I saw the end of Seiyefa coming when his new postings were whimsically revoked by Kyari. The government could not even hide its spite for Seiyefa and Southerners, by at least allowing him to complete his few outstanding months in office before his voluntary retirement upon reaching his retirement age. The appointment was to complete the northernzation of the security architecture of Nigeria.

By the appointment of Bichi, the entire security architecture and apparatchik of Nigeria is predominantly and wholly dominated by one section of the country. Thus, about 16 out of 17 key security appointees hail from PMB’s section of the country. From the Minister of Internal Affairs, IGP, DG, NIA, DG, DIA, Chief of Army Staff, Chief of Air Staff, to the Comptrollers-General of Customs, Immigration, Prisons, Federal Fire Service, Commandant-General of NSCD, Attorney-General of the Federation, the story is the same (North, mostly Moslems).

Let us add other key national positions such as acting Chairman, EFCC, SGF, Chief of Staff to the President, MD, NNPC, Minister of Petroleum Resources (PMB himself); Heads of DPR, PEF, NPA, FAAN, NCAA, NRC, National security, Printing and Minting company, AMCON, NDIC, NAICON, Nigeria has been totally northernised! Let us peep into NBC, NTA, INEC, FHA, FERMA, FRCN, NOA, NHIS, NTDA, TESTFUND, UBEC, NPHDA, NCC, NACA, NIMET, BPE, NOSDRA, NUC, Accountant-General, NEMA, Budget office, NIRSA, and you wonder if we are in the “Northern Republic of Nigeria”, or “Federal Republic of the North”, or Republic of Northern Nigeria”. It is so ugly, so nauseating, so dirty. It means that those who determine the security direction and fate of Nigeria can hold a meeting of the security situation of Nigeria and speak only the language of Hausa, in a country of 374 ethnic groups (Otite onigu); or 480 ethnic groups (M. Onwuejeogwu), that speak about 520 languages, out of which 9 have become extinct.

The Nigerian Constitution is the grundnorm, the font est origo, the supreme law of the land (Section 1(1). By Section 14(3), “the composition of the federation or any of its agencies and the conduct of its affairs shall be carried out in such a manner as to reflect the federal character of Nigeria and the need to promote national unity, and to command national loyalty, thereby ensuring that there shall be no predominance of any persons from a few states or from ethnic or other sectional group in that government or any of its agencies”.
President Buhari’s lopsided, clannish, sectional, nepotic and ethnocentric appointments as above demonstrated is in violent violation of this hallowed provision.

It is certainly an impeachable offence under section 143 of the 1999 Constitution for gross misconduct. Indeed, section 143(11) defines “gross misconduct” to mean “a grave violation or breach of the provisions of this constitution or a misconduct of such a nature as amounts in the opinion of the National Assembly to gross misconduct”. A great corpus of case law exists on this issue of what amounts to “gross misconduct” which, I humbly contend, PMB’s serial violation of Section 14(3) of the Constitution and the Federal Character Commission Act, No 34 of 1996, amount to.
See the cases of Inakoju vs Adeleke (2007) 4 NWLR (Pt. 1-25) 423, at 586 – 587; Okungbowa vs. Governor of Edo State (2014) LPELR 22135 (CA).

The appointments are thus illegal, unconstitutional, immoral and grossly unpatriotic. I condemn it all.

The argument that the appointees are competent flies in the face and stands logic on its head. There are equally competent, even more competent, persons in other geographical zones of the country. If competence were to be the sole deciding factor, then we should choose the president, VP, ministers, Heads of MDAs, and all government officials, from one state of the federation only.
The president should begin (even if belatedly in over 3½ years of his lack lustre presidency), see Nigeria, for once, from the clear binoculars of a federation and a Republic, anchored on the principles of constitutional democracy and rule of law.

His brazenly ethnocentric appointments so far constitute a direct assault on the sensibilities of Nigerians, attacks our democratic norms and constitutionalism and merely affirms his earlier theory of discriminating against 97% in terms of those who did not vote him in 2015, in certain parts of the federation. Never before, since the amalgamation of the Southern and Northern Protectorates by Lord Lugard, to form the contraption called Nigeria, on January 1, 1914, have we witnessed such clannish and lopsided appointments into the most sensitive and commanding heights of the security, economic, and political firmament of Nigeria.

PMB literally tells the rest of Nigerians to go to hell. Some funny and phony government apologists will, very soon, seek to add salt onto injury by mouthing inanities, telling us that PMB made these indecent appointments in the “interest of the nation” and for “security reasons”. Better still, those majority of Nigerians kicking against this neo-colonialism will be termed by government defenders as “looters” who are “unhappy” about the so called “anti-corruption” mantra of the PMB government; or that “corruption is fighting back”.

A government that rode on the crest wave of dissent and opposition to hijack power it was ill-prepared for has suddenly become allergic to, and intolerant of, plurality of voices, or dissension.
Amazingly, it is a preponderance of Southern appointed elements that will sanctimoniously justify and applaud this sacrilegious desecration of the Constitution and democratic nuances. They are people suffering from what we call the “Stocholm syndrome” (a situation where a victim develops feelings of trust and affection towards his traducer or tormentor). It is also known as “trauma bonding”, or “terror bonding”.

Stockholm syndrome is a victim’s inexplicable psychological bonding, indentify with and sympathy for his slave master or captor, or kidnapper. Such a person develops very strong feelings of emotional ties and positive bonding with his captors.

It is what psychiatrist, Dr Frank Ochberg, describes as “infantilisation”, a situation where, like a child, you cannot eat, drink, speak, or use the toilet without permission. The child interprets this lack of abuse as an act of kindness and love. When given food under such captivity, feelings of gratitude and joy are evoked, without considering the fact that the so called kind master who is keeping you alive is the one who actually simultaneously keep you hostage in the first case.

Yet, Southerners would lay, a bigger claim to sophistication, education and enlightenment. It is inconceivable that this situation can be perpetrated by a Southern president and Northerners will go on television and social media to justify it; or keep mute as they are currently doing; or hit the streets of Zamfara, Kano, Yobe, Bauchi, Kaduna and Katsina, to openly campaign for the Southern president’s re-election. Have witches and wizards eaten up the souls and hearts of these Southerners in their covens, or hypnotised and bewitched them?

Are they in a state of mental stupor or inebriation? Hasn’t Kemi Adeosun, who has just resigned as minister of Finance, humiliated and disgraced these government bootlickers who cacophonously urged her to hold on to power because she was “competent”, contrary to her criminal breach of sections 2, 11, 12 and 13 of the NYSC Act, even if done innocently? I honestly sympathise with and applaud this brilliant young lady for resigning her juicy appointment against the “advice” of these historical revisionists.

But, she must face the law through decent open prosecution in a court of law, where she will afforded reasonable defence by a counsel of her choice. This is because the principle of law is “ignoratia juris non excusat” (ignorance of the law is no excuse). But, will this corruption-ridden government prosecute her? Can it? Dare it? I predict it will never. Because she is a “sacred cow”, an untouchable member of the government’s kitchen cabinet. So much of double standards. Nigeria, we hail thee!

�Facts That Prove Oshiomhole’s Mental Imbalance ~ Reno Omokri
** ** ** ** ** ** ** ** ** ** ** ** ** ** ** ** ** ** **
My attention has been drawn to a statement by the Chairman of the All Progressives Congress, Mr Adams Oshiomhole, in which he accused former President Goodluck Jonathan of budgeting ₦5 billion to rig the Edo State gubernatorial elections which held on July 14, 2012.

I will now proceed to show, with facts and dates that this new statement is further proof that Mr Oshiomhole is a mentally unbalanced man who suffers from multiple personality syndrome.

The Edo gubernatorial election that Mr Oshiomhole referred to held on Saturday, July 14, 2012.

The very next day, the Independent National Electoral Commission declared Mr Oshiomhole as the winner of the election. After his victory was declared, Mr Oshiomhole said as follows:

“I am glad that Mr. President (Jonathan) kept to his words of assurance that there will be no thuggery, hooliganism and violence during the Edo Governorship election. He is indeed a statesman, a man
of honour, because there was adequate and effective presence of security agents on ground. I am impressed. What the Edo election has confirmed is that when the President and Commander-in-Chief put the country first and he conducts himself as a statesman not just as a party leader, credible elections are possible.“

I urge Nigerians to Google the above statement by Mr Oshiomhole to ensure I am not misquoting him.

Adams Oshiomhole said the above words to journalists on video. Now, the same man who uttered those words is saying a completely different thing today. Is this not evidence of multiple personalities?

This double talk and flip-flopping is a pattern with Adams Oshiomhole and evidence abound on this.

For example, on July 20, 2018, Adams Oshiomhole said: “Governor Ortom is not going anywhere, he is a very prominent member of our party, and we appreciate his leadership in Benue.”

He further said of Governor Ortom as follows “He is a man of honour and he knows that once you move one step forward, you will want to take the second step to consolidate the first step”.

Then only a week later, on July 28, 2018, Mr Oshiomhole made a 180 degree about turn and said: “I am relieved as national chairman, and I believe that the leadership of the party in Benue is also relieved that Ortom has left the party and returned to the club he belongs.”

Mr Oshiomhole also said Governor Ortom’s exit from the APC “is good riddance to bad rubbish”.

How could Ortom be “a man of honour” in Mr Oshiomhole’s eye one week and be “rubbish” the next week?

I urge Nigerians to Google those quotations to ensure that I have not misquoted Mr Oshiomhole and then compare the two statements made within a week and use that as a yardstick to gauge the state of Mr Oshiomhole’s mental balance.

Moreover, Nigerians will recall that Mr Oshiomhole met with various legislators in the National Assembly to persuade them not to defect from the APC, but after they defected, he said he “I will not miss sleep for one minute” over the defections.

Then again, on August 10, 2018, Adams Oshiomhole said “I have confidence in Speaker Yakubu Dogara” only for the APC under Oshiomhole to officially release a statement on Thursday, September 14, 2018, saying Yakubu Dogara “has no electoral value”. Yet, the same Yakubu Dogara delivered his LGA to the Peoples Democratic Party only a month ago.

With the above, should any Nigerian doubt that we have a mentally unbalanced man in charge of the All Progressives Congress?

To buttress this point, it will be recalled that Oshiomhole said in his statement about ex-President Jonathan as follows:

“To be propelled from the dark anonymity of a mere local government councillor in the creeks of the Niger Delta to the marbled vaults of presidential power in Abuja must appeal to those who believe in luck.”

Former President Goodluck Jonathan has NEVER been a Local Government Councillor Or Chairman or even worked in any capacity in any LGA anywhere in Nigeria. It only shows the very low level of Mr Oshiomhole’s mental capacity when he makes such unsubstantiated allegations.

Dr Jonathan was an academic in the Ivory Tower, then a public servant at the Oil Mineral Producing Areas Development Commission (OMPADEC) and then became a Deputy Governor, then a Governor, Vice President, Acting President and then President.

If Mr Oshiomhole cannot get his fact right about a man who was President of Nigeria for five years and whose biography is a public document, can anybody be surprised that the APC is collapsing under Mr Oshiomhole’s watch?

But if I may ask, what is wrong with being a local government councillor? Was Adams Oshiomhole himself not once a local representative of a textile mills union before he became Chairman of the Nigerian Labour Congress? Shouldn’t such a person learn to be humble instead of looking down at Local Government officials? Yet he expects Local Government officials to vote for his party in 2019. A party that looks down on them!

Finally, Mr Oshiomhole said, “It is worth recalling here that in its 16 years in power, the PDP betrayed considerable hope.”

How can that be true when under the PDP, Nigeria became the largest economy in Africa and the third fastest growing economy in the world according to CNNMoney while under Mr Oshiomhole’s APC, Nigeria suffered her first ever recession in 25 years and had the dubious distinction of being named by the World Poverty Clock as the World Headquarters for Extreme Poverty?

Under the PDP, Nigeria enjoyed 16 years of net job gains, but in December of 2017, the National Bureau of Statistics revealed that 7.9 million Nigerians lost their jobs in just 21 months of the APC.

If this is not a case of the pot calling kettle black, then I do not know what else will be.

✍️Reno Omokri
A bestselling author of Facts Versus Fiction: The True Story of the Jonathan Years, and other books. Avid traveller. Tormentor of the APC.

When? Despite the job loss always promising 3 years gone just few months remaining keep promising and deceiving people quote author=durableking post=70513172]


The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo, said that President Muhammadu Buhari’s administration will continue to focus on the common man and taking Nigerians out of poverty through social investment programmes.

Osinbajo gave the assurance during a town hall meeting on Tuesday in Bariga/Somolu LCDA in Lagos State to felicitate with Lagosians on the Sallah celebrations.

VP Osinbajo delivers keynote address during the townhall meeting.



In a statement on Wednesday in Abuja, Laolu Akande, the Senior Special Assistant to President on Media and Publicity, Office of the Vice President, said Osinbajo emphasised on unity among all Nigerians.

Osinbajo addressed a gathering comprising All Progressives Congress(APC) chieftains in the state, youth groups, state government officials and the LCDA Chairmen of Somolu and Bariga.

The vice president said that the Federal Government’s National Social Investment Programmes (N-SIP) was geared towards improving the welfare of ordinary Nigerians.

in his speech he said >>> https://www.yourtotalneeds.com/2018/08/22/osinbajo-buhari-will-bring-nigerians-out-of-poverty/[/quote]

The 498 million us dollar used by buhari govt to buy FIGHTER JET from USA, to be delivered to Nigeria in 2020 but has been paid for, did it go through the national assembly, so why is oshomole cry as if he care about National Assembly if not because saraki hit them so hard.

If not that illiterate have become philosophers in Nigeria, is JAMB a money making venture ? Why can't Jamb fee be affordable to encourage mass participation in education.
Nigerians Why?

In a society where oppression is substained and the rule of scientific culture is yet to be consumated, illiterate become philosophers.

Is jamb a money making venture? Is it the same amount charges then they are charging today? When low income earners can not buy jamb from for their kids due to the price. You are praising jamb for now exploiting the masses to generate revenue for buhari. So sad

Measuring goal post, so as to place the other stone

Use qtz 5000 it is cheaper 9000 is for bigger car

There is no sack in the body of your news but the subject highlighted sack...ops..ops...ops how many times have I warn you on fake news