₦airaland Forum

Oga what supervisory bank is proposing this service? Does CBN need legal accent? Whose tax payer's money keep CBN and these legal structures afloat? If an Economic crisis hits such banks as it did it's commercial counterparts is CBN/Amcon allowed to intervene, nationalize the bank and provide protection for deposits

My friend gerrout dia.

Ibime:
My friend sharrraaaaaap dia!

Are you saying people were not given state dolapos at the meeting? Was Rita Dominic not there? What is your point exactly?

playmode:
You people are complaining about SR ,what about the fierce discussion going on twitter and Facebook before SR reported this ?

How come GEJ's camp cannot even come on NL or FB to refute this claim? Why can't they refute this news?

zeeleso:
its not a lie. People who were there have confrimed it. They were given 150k abj and 50k lag wit a samusng galaxy tab @ the end of the meeting.

Can you name one person that received the gift or one person that rejected it I don't want my uncle's friend told my uncle told my cousin told my brother who put it on twitter and facebook.

If you are not ashamed of some of your earlier posts on this issue then I don't know what will touch you. So if I sell alcohol or pork meat I can't save or collect loan from a Nigerian Bank supported by my tax Ridiculous.

Obama won the Noble price and Soludo also won awards mind you. Perhaps anyone that wins an award should be deemed infallible.

Sahara is at it again!!! No names, no sources, no nothing. Just same lies and falsehoods that they know shallow Nigerians love to read. Keep it up Sahara. You never disappoint. Hope your sponsors support you effectively for your shams.

I was in PH for easter and the state of the roads left much to be desired. I don't remember being on any major road that didn't have pot-holes or bad spots. I haven't seen any of the health centres (though they look empty in the picture) but I hear he is doing a good job renovating public schools.

otokx:
I have not seen any impressive buildings here. Why are our politicians scared of building massive skyscrapers? Look at the quality of that nursing school gate then look at the bungalow buildings inside - what a shame?

Skyscrapers are more costly to build, involve long term construction, expensive maintenance when completed and may not justify the cost under Government management. Such buildings are best left to private businesses in states like Jigawa.

The Glossary of Terms of the CBN’s NIFI Framework states that:
Shariah Principles refer to “the divine guidance as given by the Holy Qur’an and the Sunnah of the Holy Prophet and embodies all aspects of the Islamic faith, including beliefs and practices”.

NON-PERMISSIBLE TRANSACTIONS:
Interest;
Uncertainty or ambiguity relating to the subject matter, terms or conditions;
Gambling;
Speculation;
Unjust enrichment;
Exploitation/unfair trade practices;
Dealings in pork, alcohol, arms & ammunition, indecency and;
Other transactions, products, goods or services, which are not compliant with Shariah rules and principles.

So any one who plies his/her trade in pork or alcohol or whatever the Islamic Board considers as Unjust enrichment can not take loans or do business with this bank 

Sanusi should be sacked . . . enough of bigotry.

maclatunji:
Dude, you are naive. So you mean as soon as Virgo says something, it is infallible.

How you coined this from my response is simply beyond me. Perhaps I am naive

maclatunji:
Your teachers may feed you with dogma, but you have do your own research. Stop parroting my words. You know it is a fact, I learnt Christianity from Christians, you have never learnt Islam from Muslims and therein lies your problem.

Once again, how this supports your assertion below is beyond me

maclatunji:
Why do Catholic Popes keep-on looking for ways to engage with Islamic Scholars and leaders? Let me guess, you think it is because they are Holy men of God spreading the sweet love of Jesus to "heathens"? That is a big fallacy, they do so because they know the truth of Islam as the true religion having interacted with Muslims for over 1300 years. However, they are not ready to loose their power and prestige over people like you. They will renounce Islam in public whilst studying and learning from it in private. I know, you disagree but I tell you:

While you deride me for failing to notice your sarcasm, you have failed to see mine when I used your own words. I do not want to go into your quote above as it is not only out of the scope of this thread but unnecessary. However, if you can accuse Lagos (and by implication southern Nigerian) Christians and Muslims of being fed Western dogma and unable to research or decipher on their own, I wonder what teacher (Arabic perhaps) or research led to your conclusion (quote above). I had wanted to use "fed you with that dogma from childhood" for my previous line but hey I am disallowed from "parroting your words".

Sule Lamido is to be applauded for this first step. However, I want to know how many civil servants have access to the scheme. Infrastructural development, tourism, commerce and security will bring investors into the city. Nice one.

maclatunji:
@bolded, when it comes to Muslims, whatever we achieve is not so great, but if it is the West and maybe Christians for some people, it is the next best thing after the discovery of the wheel. @2nd bolded, you think that you disagree with bogus claims and half-truths all the time but in truth, you do not always do so particularly when it means putting your religion and beliefs you grew-up with in bad light (I know, you disagree with me).

Were ancient Egyptians, Persians, Babylonians and Indians muslims?
Virgo isn't even trying to distort Islamic achievements neither is she fronting the West or Christianity, perhaps you missed the below quote from her -

virgo:
My stand has always been that no religion or race has ever fully developed without copying or borrowing from another one.

Virgo isn't even supporting the West or Christianity. Don't get a heart attack anytime Islam is mentioned abeg.

maclatunji:
One thing you have to understand is that the average Muslim born and bred in Lagos or other parts of the south of Nigeria has in all likelihood been fed with the same dogma that you Christians were fed with from childhood, thanks to our teachers in Primary and secondary school who saw in us an opportunity to evangelize and spread the gospel. We in essence know what you know. However, you know next to nothing about Islamic doctrines, history and culture other than the propaganda that you have been fed with from the west and your not-so-knowledgeable teachers and pastors. Have you ever considered this:

Why do Catholic Popes keep-on looking for ways to engage with Islamic Scholars and leaders? Let me guess, you think it is because they are Holy men of God spreading the sweet love of Jesus to "heathens"? That is a big fallacy, they do so because they know the truth of Islam as the true religion having interacted with Muslims for over 1300 years. However, they are not ready to loose their power and prestige over people like you. They will renounce Islam in public whilst studying and learning from it in private. I know, you disagree but I tell you:

I assume your Islamic teachers "fed you with that dogma from childhood" too.

nateevs:
Only one person to blame. TinkeRoman.
Everything was flying until he thought it was time to tinker again.
Since then, nothing remained the same.

Actually everything was not fine when he decided to buy Torres and Luiz.

Again need I remind you how much he has spent on this club?

And so the rumors begin. Sport papers need to keep sales up during the rest period.

abagoro:
This is the mentality dragging us backwards as a nation.If there is evidence of CPC doing it,then they should be brought to book.

I personally believe CPC supporters burnt the Emirs and prominent PDP chieftains properties but PDP sponsored the killings to discredit the protests.

I assume you haven't heard first hand narration of events. You comment is a discredit to your intelligence.

Eziachi,
Did you just compare what happened in Akwa Ibom to what happened in the North? Shame on you!!!
GEJ has also instituted a Judicial panel to look at pre (Akwa Ibom) and post (CPC supporters) election violence.

It's funny that the highest percentage of votes CPC could muster in the South West was about 10% and they could do that in just ONE State - Oyo. Yet you so wrongly assert that the election could have gone into a runoff. I laugh in Swahili. Why is no one discussing child voting and intimidation in the North during the elections CPC also performed badly in NASS and Gubernatorial/Assembly elections in their very own strongholds. CPC is dead. Buhari lost. End of discussion.

@OP
It is easy to understand the violent and abusive mindset of CPC supporters both online and offline when the candidates and party bigwigs speak this way in public. Such a disgrace to the innocent blood of slain corpers.

You task will be to train other teachers across the country. Following are required.

1. Must be a graduate of any Nigerian University, Polytechnic or College of Education

2. Must know how to speak, read, write and comprehend the English language

3. Must know how to use and apply phonics in teaching the English Language

4. Must have interest in teaching/training

5. Must be patient and tolerant

6. Must be willing to participate in the project for at least one year

7. Must be willing to travel to several locations within Nigeria

8. Must pass oral and written tests with at least 65% pass mark

9. Must be between the ages of 30-40

10. Must be familiar with or willing to learn the use of visual aids in training

Send CV and cover letter to teachers.recruit@yahoo.com

Application closes on Wednesday 18th May 2011.

I do not like stooping this low but this guy seems to have lost his senses.

Doesn't seem like this was well thought through. Cash flow in Nigeria is mainly from Market women and Igbo Traders. These guys need raw cash and no E-payment solution exists for them. For instance if I want to buy a stuff from the market I go there with cash not credit or debit or ATM cards. I can already see the number of unnecessary hassle this would cost me much less those guys.

Another issue I see here is, this is to be implemented in a month   Absolutely ludicrous. Another bad move by CBN. If I were keeping a dossier for each of their ill advised decisions, I would have ran out of space by now.

To discourage the use of raw cash in economic transactions in the country, the Central Bank of Nigeria (CBN) has taken steps to promote the use of electronic payment systems.

The CBN yesterday in a circular to all banks, Cash-in-Transit (CIT) operating firms, payments system service providers, as well as money card acquirers, issuers and processors, said that the new policies, including payment of increased penalties for cash transactions by individual and corporate bank account holders, are to help reduce the high usage of cash as well as moderate the cost of cash management among operators in the country's financial system.

The CBN's director, currency operations department, Muhammad Nda, said in the circular that the increasing use of cash in transactions has dire consequences on the overall economy, particularly concerning cost of cash management to the banking industry, security, and money laundering.

To limit the negative impact on the economy, Mr Nda said the CBN has directed all deposit money banks (DMBs) in the country to ensure that, effective June 1 next year, daily cumulative free cash withdrawals and lodgements by individual and corporate customers do not exceed a maximum ceiling of N150,000 and N1 million respectively.

Cut down on cash transactions

Consequently, he said the CBN has imposed a penalty of N100 per N1000 on all individual cash transactions in excess of the limit, while corporate customers that go contrary to the new policy are to pay a fee of N200 per N1000 withdrawn above the stipulated cumulative limit.

The circular added that, "Contravention of this policy shall attract a fine of five (5) times the amount that the bank waives as a first offender, while the bank shall, subsequently, pay ten (10) times the charges waived."

Though commercial banks are allowed to charge their customers at least an interest of N5 per N1 million as cost of transaction (COT), there is no approved rate stipulated by the CBN for overdrawn accounts, as the customers are allowed at the discretion of their bankers.

With effect from June 1,this year, operators of card payment schemes, processors, switching companies, service providers, and banks risk being suspended for a month or licence revoked by the CBN, for not acquiring approved operational agreements/contracts for local currency Point of Sale (POS) card scheme.

"All financial institutions, including Deposit Money Banks (DMBs), Savings and Loans, Mortgage and Microfinance Banks shall comply accordingly. Compliance with the policy shall be monitored by the Banking Supervision Department and the Other Financial Institutions Supervision Department with appropriate sanction applied to erring institutions," the CBN warned.

Similarly, in line with the new policy, third party cheques by individual customers in excess of the N150,000 limit would no longer be eligible for encashment over the counter, as the value for such cheques will be required to go through the clearing house.

Besides, the CBN said where a bank allows a third party cheque encashment in violation of the stipulated regulation, such a bank would be made to pay higher than the sanctions between 10 per cent of the face value of the cheque and N100,000 fine.

On cash-in-transit (CIT) lodgement services rendered to merchant-customers, the CBN ordered its immediate stoppage, effective June 1, 2012, adding that customers interested in such services should engage the CBN licensed CIT operators to aid cash movement to and from their banks at agreed terms and conditions.

The new arrangement, which is to be operational initially in some major cities, including Abuja, Lagos, Port Harcourt, Kano, and Aba, attracts a fine of N1 million per specie movement for violators.

This step, many believe, would help curb incidents of violent robberies which have become common because people move huge volume of cash around.

However, there are concerns about the implementation of this new policy, especially as it would mean transiting from a cash-based economy to a near cashless one in just one month. A medical equipment supplier who gave his name as Monday, said the policy would cause some distortion in the economy in the short term.

"For instance, some of my customers always insist on cash payment before they would release their goods. How do we make this change all within one month," he asked.

He said the CBN ought to have carried out sensitization programme to prepare Nigerians for the transition.

Currency outside the banking system is currently put at over N1.025 trillion, as at February, according to the latest official figures released by the Central Bank.

The figure stood at N927 billion as at December 2009, due largely to skepticism about the efficiency of the Nigerian banking system.

The latest move is expected to reduce the amount of currency outside the banking system.

Source

Bawss1:
Your polling unit was rigged? Why didn't you quickly report this to INEC? How was it rigged anyways, weren't all the votes counted at the end of the exercise in front of all the voters?

Thank you my brother. I have seen outrageous claims even from CPC itself without any semblance of evidence. In an election where it is so easy to cancel the votes of a polling unit by sending an email, sms, making a call, tweeting information with evidence of rigging to INEC. This guy supposedly sees "sophisticated" rigging (whatever that means) and simply does nothing. How believable!!!

I want to commend the state government for arresting the situation in Mubi. I personally collated the result of the 10 polling units in Maiha gari ward, in Maiha l.g.a. of Adamawa State. I was at the local government while the result for the l.g.a. was been compiled. INEC designed this poll to be very TRANSPARENT. Party agents and observers are always available at all levels, how would there be speculations that this election was rigged.

Comment in response to a news article here

In Abuja here, GEJ won at my polling unit in Gana Street Maitama. GEJ won at Citec Estate, Jabi and also won in all polling units in Gwarimpa, Abuja. How this people can claim this election was rigged is beyond me. The SS and SE had so much at stake and would have trouped out for GEJ. If GEJ won by such a margin in the SW, how anyone can think he will get 10% of votes in SS and SE is beyond me.

I got this from someone: In the South part of Kaduna, killings are still taking place, people hiding in the bush. Being machetted if found. property being burnt.

Kobojunkie:
http://www.facebook.com/permalink.php?story_fbid=204853159535943&id=116280281775259

Thanks dear, made a comment and dropped 3 links. I'm off.

Kobojunkie:
No need to guess, the poster is on facebook and you can easily go there to try to dispute his claims with him. I would like to see how this one goes

Actually need help or am I on the wrong page? I'm on this buhari4change group but don't know where to find the discussion  

I'm guessing International and Local media are wrong and this Buhari supporter on facebook has the correct eye-witness information of what is happening in different states in the north?

Let me check out the facebook page.

In Kaduna, there were numerous deaths, and mosques, churches and houses of PDP members were burned down. A police station was also attacked, said Shehu Sani, a leading Nigerian human rights activist who lives there and whose organization has representatives all over the city. He said the electoral commission headquarters in Kaduna had also been burned down by a pro-Buhari mob.

Link Here

It is a huge delusion to think this is just about some Northern Elites.

Kobojunkie:
Do you have information to refute the claim? Please post it. That claim there was made by someone supposedly out in the North.

FLASH: Hoodlums dislodge Nuhu Bamali Polytechnic, Zaria, Kaduna State students . . . 234Next Twitter page
Church Burnt
People killed

ziccoit:
Read this too

Mohammed Lawal Shuaibu: Where is our conscience as a nation? Corrupt elements keep on hiding under certain sentiments to cheat the people's Gen. General Buhari does not need to instigate anybody to go on rampage. The people have eyes and can see the level of injustice against the Gen.
4 minutes ago

He wasn't cheated. He lost. It's quite simple really. I don't still understand the logic of CPC's argument.

I don't get Buhari's or CPC (or in fact their supporter's) logic. It is simply beyond reasoning. Look at the results in the South West. CPC failed to muster 10% of votes in most of the states in the region. He got the required 25% or above in only Lagos and Oyo. If he couldn't get that much in the South West, how deluded is he to think he can get any closer in the South East and South South.

ACN got more votes than CPC in most of the South South and South East except in Anambra, Enugu and Cross River. I believe these are the states CPC has a problem with. Even if you remove these states and Rivers State, Goodluck still wins the election. So once again just what this noise is about is beyond me.

The General should quit being a cry baby. Go to court or accept the election results.

I have seen one of his supporter on this forum using online polls as the basis of his argument that the election was rigged. This is just laughable. Online polls are generally unscientific and unreliable. Goodluck also has over half a million people on his facebook page so if we had a known and widespread online poll, he would still win it with half the number of his friends on facebook. Most polls I've come across fail to even hit 2000 votes mark. See this poll where Goodluck is in the lead - [url=http://www.ngrguardiannews.com/index.php?option=com_communitypolls&controller=polls&task=viewpoll&id=49%3Apresidential-race&Itemid=653]HERE!!![/url]

Come on guys, how can you say the Northern protesters are only angry with the elites? The looting of non-indigenous shops in Kano, na Elite get am? The Igbo man beaten up in Adamawa market that started the wahala there na Northern Elite him be. The church that was burnt down na Northern Elite

I have seen the most useless lies on nairaland.

Na for Internet una dey threaten each other. I no fit laugh  

Anyway guys let us stop all this talk about separation. To be sincere not even the Ciroma's, IBBs, Atiku's, Danjumas and even Buhari himself will support this call. Do you know the number of oil wells (save Buhari) those guys own in the South Get real. This has always been a North/South control issue.

Abuja is safe and calm by the way. There were no riots in Wuse or Utako. In Wuse 2 market there was a false bomb scare and the police sorted that out. Leave peaceably with each other. We are all Nigerians.

My Polling Unit - Gana Street, Maitama, Abuja

PDP - 515
CPC - 260
ACN - 5

Citec Estate Abuja:
ACN 18
Fresh 1
CPC 96
PPP 1
NTP 1
PDP 465
PDC 1
ADC 1
NCP 1