₦airaland Forum

naijaking1:
Slow down, jare. Those are not facts, but Sanusi's allegations, we're still awaiting the courts to find facts in these baseless allegations.

I'm sorry, but those are facts. Is the CBN debtors' list a myth too?
Is it standard banking practice to use shares are collateral for loans?

It's TWO years, not 28 years!!

POSAKOSA1:
RICHYBLACK YOU CAN NEVER THREATEN OR TERROIZE ME BECAUSE I BELIEVE JUJU AS REAL

feel free to test the efficacy of your Juju on him  

naijaking1:
Yes, now anybody who criticizes Sanusi's stupid actions is suddenly supporting corruption too. Not so fast!
Sanusi has not succeeded in convicting anybody, not one person as being corrupt. Yet, he goes around beating his chest in deciet and arrogance; proclaiming that otherwise innocent people should be shot for his allegation.
Anybody who believes Sanusi's anctics is not only terribly biased, but peharps stupid just like him. Time will expose all of you.

Yes well, we're working with facts here

FACT: The 5 banks were in distress.
FACT: Huge loans were given out without collateral
FACT: Numerous unethical banking practices were carried out by the embattled bank CEOs


Now, where are your facts that Sanusi is acting out an ethnic agenda/script? Where is the evidence except for conjecture?

Naijaking1, you used the following words to describe Sanusi's action.
'vindictive' and 'schizophrenic'

So where is your proof or evidence that Sanusi is
1. Vindictive
2. Suffering from Schizophrenia

Also, as you assert that Sanusi's intervention was 'poorly thought out', kindly explain what would have been the end result if he had done what Soludo did and allowed the banks to continue on that path to their likely demise.

I await your response.

It seems strange to girls that a guy may just be broke at a particular time of his life. why the hell is that?
I once over-extended myself with my free cash sometime in 2007 after buying a piece of land and investing in some business. All the tide-me-over cash i laid up for the short term was wiped out when i had to pay for my gateman's medical bills after he broke his leg on an errand for me. I had to borrow money from my mother!
So in that kind of scenario when i was temporarily caught without money, na so fickle minded females go dey judge me?

If she can afford to visit him, then she should go, simple as that.
What's a little money when it comes to matters of the heart? Lady, go with a friend if you aren't sure you can trust him.

Virgo83:
What a Perfect Grapic Artist in Progress.

WhiteAndBlue:
Good Photoshop work.

I find this Free Obama Health Care 09 sticker.

Obama health care of money in the dark hole!

Wilfem:
WOW!!! Good Photoshopic works there.

'Good photoshop'?! Are you lot blind? Post this in the Nairaland Graphics section and see how they'll laugh you out of the park.

lol
What a deluded pack of sheep.
we are fast moving towards a one party state, and the PDP is fast assuming absolute power in Nigeria. Once that happens, all is lost.
Already the signs are evident. The PDP has announced that any of its members that goes to court to seek redress will be expelled. Is that not an obvious breach of one's fundamental human rights?

Popular sentiments must not be placed in the forefront. The only way for Nigeria to move forward is if the PDP's powers are whittled down considerably.
It matters not who appears for PDP. The corruption of Dora Akunyili is an example of what happens when other wise decent people attain power. Plus the fervent backing of Soludo by Tony 'Anini' Anenih (added to the polymer note scandal and his latter incompetence as the CBN Governor) is an ominous sign that all is not well with that fellow.

Bottom line: Vote against PDP is you need progress in Nigeria. Simple as that.

Ah. Now i have the figures.
The oil marketers owe the 5 banks N487 billion. The govt owes the marketers a comparatively minimal 46 billion naira.

So how does the delayed PPRA payment affect the enormous debts incurred by these fuel importers?

According to 234Next, the FG owes the importers N40 billion. The importers in turn owe the banks hundreds of billions of Naira.
it doesn't take a mathematics genius to see that even if the FG had paid up all it owes the fuel importers, the importers will be in debt to the tune of hundreds of billions of Naira.

As if to buttress my point that it's only intellectually challenged Nigerians that are in the fight to discredit sanusi, It's a shame that even the original poster has issues comprehending simple English. The article he quoted makes no mention of fuel importers being removed from CBN debtors' list. All it says is their names have been removed from the list maintained by EFCC for investigation.

naijaking1:
[color=#000099]In a remarkable development, the federal governement has taken it's first reversal action against the new CBN governor's sweeping, poorly thought-through, vindictive, and schizophrenic actions against some Nigerian banks and the economy in general. Petrol importers that made up the majority of the debtors list on one of the banks- I think Intercontinental Bank, have been removed from the debtors list, recovery action against them put on-hold. These huge debts have been one of the reasons for removing the CEOs. In light of this new govermental position, one would have expected the CBN governor to re-evaluate the banks position vis-a-viz his own actions, instead, the CBN governor was yesterday quoted as calling for the bank CEOs to killed by firing squad, because of excessive debts and corruption. The FG has simply vindicated any bank CEO who lent money to these importers with or without collateral. A reasonable action would have been to re-assess reasons for firing these CEO in the first place.

In one breath you admit that the bank CEOs were fired for corruption. In the next you exhort the CBN governor to 're-assess reasons for firing these CEOs'. Am i right in assuming you're expressing tacit support for corruption?

naijaking1:
sweeping, poorly thought-through, vindictive, and schizophrenic actions against some Nigerian banks and the economy in general.

Hmm, i could have sworn that lending billions of naira without collateral to ex-nannies, siphoning bank funds into shadowy front companies and illegally appropriating huge sums of money by bank CEOs counted as 'sweeping, poorly thought-through, vindictive, and schizophrenic actions' against both the Nigerian economy and their own banks.

But we've already established where you stand when it comes to corruption, haven't we?

Some scholars argue that pcmecom is a worm like being that arose from the depths of hades to troll Nairaland and infect human beings with foolish talk.

Let me have your views on this topic. Thanks.

No one said anything about 'dying' before you can show you're patriotic enough to fight for your country and what you believe to be just. As i said before, the people who trooped out in the streets of Thailand, Iran and Ukraine, did they have two heads? Is their democracy even more free than ours?

I have long realized from my Aluta days in UNIBEN that Nigerians are not prepared for any action that may expose them to the possibility of physical harm. But when you consider other non-violent ways to register protest that Nigerians refuse to participate in, you cannot but agree with the 'sheep' designation. Here are a few points.

1. Over 70% of the people commenting here did not vote in the last elections, and many will not vote in the next elections. Some for trivial reasons like refusal to enter the hot sun, to those who have been convinced that their vote will not count - forgetting that only valid votes can be used in an electoral dispute.
Question: If ordinary Nigerians who were disatisfied with PDP's rule in Edo and Ondo state did not troop out to vote, would there have been enough votes to pass in Oshiomhole and Mimiko after all the illegal votes were discounted?

2. Within 3 days of any NLC strike, the news media is awash with Nigerians pleading with NLC to call off the strike so as to enable them resume their daily lives. Are we genetically inferior to the Ukrainians that sat down for a whole month in protest during the Orange Revolution?


Most of these posters here were the first to eulogize Gani for all his actions for democracy and Justice. Yet here they are saying that resistance is futile. Did Gani take up arms? Is it impossible to find a million Ganis who can fight for justice?

And therein lies the problem. Apart from being sheepish cowards, most Nigerians subscribe to the messianic culture - a system where we all sit back and wait hopefully for a champion who we can cheer on while we do nothing. This explains the Ribadu worship in Nigeria, where ordinary Nigerians were perfectly content to do nothing to fight corruption while lustily praising Ribadu for his every move.
No one is willing to fix anything in his own sphere of influence, preferring instead to wait for someone to rise up, take the heat and then to slink away in subdued and sullen silence when their hero gets it in the neck.

That sums up what Nairaland's politics section is made up of. The same generic posts and threads calling for a revolution and the same sullen, whiny people muttering about 'Rawlings solution' and the same ethnic bigots who cannot see beyond their noses.

That is all.

PS: I often criticize people heavily for generalization, and i sincerely apologize to anyone who finds the 'sheep' tag offensive. It was the best i could come up with at the moment

aquita:
Sanusi should take things easy because power is transient.

In other words, Sanusi should have toed Soludo's line and turned a blind eye to all the shenanigans in the banking sector because 'power is transient'.

I wonder if you lot will EVER be honest enough to admit to yourselves that your antipathy towards Sanusi is simply due to his tribe. The same people condemning our 'greedy politicians' and advocating a 'rawlings solution' are the ones lambasting Sanusi.

[quote author=~Bluetooth link=topic=342799.msg4799277#msg4799277 date=1256508911]First impression you created about nigerians being sheep,i think its insultive.,but nevertheless,i would say the type of democracy we run here is different from what is obtainable in the usa.,here,it takes time to really know what your rights are since everything appears as a privilege.,no one will carry placards because the police will not give them permit or they may arrest protesters.We always talk about revolution.,who will champion the cause??,nobody wants jail cuz life is sweet.,until our democracy improves,nothing will happen.,ask yourself,deregulation will soon commence,but do you hear of any protest against it except on the pages of newspaper.,abeg free me jare[/quote]And where exactly did i insist that Nigerians had to carry around placards?
My use of the US AIG bonus protest was merely to show how sensible human beings react when they are being taken for a ride. And that's a far cry from leaving the burning issues to dwell on a rumoured 'Northern Agenda'.

You reinforce my point inadvertently. It should not take time for you to know your rights, especially if you're an educated person. And shying away from any potentially tense situation and refusing to protest even in the face of hostile legislation marks us out as sheep.

Funny you speak about our democracy being less free than that of the US. There is no democracy in Iran, where the mullahs hold sway and the extremely powerful Revolutionary Guard crush all opposition. Did that stop hundreds of thousands of ordinary Iranians from taking to the streets when they felt their vote was threatened?
Aren't your words more in support of my original point?

https://photos.blogdowntown.com/3363396968_63b661bd41.jpg

https://blog.nj.com/njv_guest_blog/2009/04/medium_aigprotest.jpg

https://images.huffingtonpost.com/gen/70002/thumbs/s-AIG-large.jpg

https://blog.seattlepi.com/thebigblog/library/seiupic.JPG

The above images show protesters in the US marching against the decision by AIG to reward their top management with bonuses even after the credit crunch and after tax payers' monies were issued out to the company as bailout.
The pictures depict outraged Americans marching to protest this issue. It is pertinent to note that the bonuses were not illegal in any way, but were construed by the American public as being entirely immoral.

Now let's look at Nigeria. We have bank CEOs who have been involved in shady activities that are not only immoral (such as handing out hefty loans without collateral) but sometimes illegal (like giving out loans to shadow companies, loans to fronts and companies with vested interest).
Due to the reckless and foolish handling of the banks and a reckless and stupid over-exposure to the fortunes of the stock market, millions of ordinary, hardworking Nigerian bank shareholders have lost billions of Naira both in share value and in terms of unpaid dividends.

Given this scenario, one would think Nigerians would be up in arms about this, eagerly in the vanguard of those calling for the heads of the bank CEOs. Instead the vast majority of Nigerians i've spoken to - seemingly unconcerned with their real losses in the market and the threat to the Nigerian economy - are more interested in accusing Sanusi of pursuing an 'ethnic agenda'.

Some even go as far as lauding the bank CEOs for 'providing jobs' and 'making the banks the way they are', as if competent bank work and honesty are mutually exclusive!

But that's Nigeria and Nigerians for you. Shafted 24/7 by people we should hold accountable, yet we focus on irrelevant matters.

Truly, i think Nigerians are sheep! Meek, mild and always joyful to the slaughter slab.

So the same Nairalanders that whine 24/7 about the 'Rawlings solution' and 'killing all our corrupt politicians' are the ones now complaining when Sanusi uses harsh words to elaborate on the gravity of the situation?

Also funny is the repeated analogy of the US banks and the bailouts that followed. The question is, how many of those CEOs were involved in serious shady financial deals?

Only a fool will deny that those 5 banks were in trouble and were in some level of distress. And this distress should have been spotted by an observant or competent supervisory body. In other words, Soludo should have taken steps to curb this hydra when signs and symptoms of distress started to emerge. So instead of asking what script Sanusi is acting, why is no one wondering what script Soludo was acting out when he silently stood aside while the bank CEOs were running the banks aground and diminishing shareholders' value?

I repeat for clarity - Why is no one asking what script Soludo was acting out? Is it because he's a southerner and deep down most of us are just tribalists?

malone5923:
Is your wii softmodded or hardmodded(mod chip)? Is it connected to the internet?

Softmodded. No internet connection. I may need to go buy a router or something, no internet connection where i dey

Gamine:
omg

you are addressing me

i thought you were ignoring me

im great, btw

haba, how can i ignore you? You know say i loff u na

Nchara:
How many Yoruba versus Igbo versus hausa/fulani versus niger deltans versus other northerners are on the list? Which is more followed by which?

Don't be a slowpoke, what has tribe got to do with anything?

babapupa:
Fashola is psychotic? Are we talking about electric cars or some personal grudge? lmao.

I understand the Idea is stupid to you and the fact is, the governor can not please everybody. We elect him to do a job and so far, he's doing a great job. The man is barelly half way trough his first term in office.

it would make far more sense to revive the rail system in Lagos and also to exploit the HUGELY untapped water transportation systems.
Safe and well maintained ferries can easily transport large numbers of lagosians in vastly reduced time. This will simultaneously decongest the roads, solving the terrible traffic jams that bedevil the city.

Ordinary Nigerians are the worst. Not only are they no better than the 'leaders, police and PHCN' people they lampoon, but they tend to absolve themselves of all blame in the failure of this country.

In my interactions with my fellow Nigerians, i see no evidence that the people i see everyday are any bit more honest than those so-called leaders.

hah. Lagosians can be a pansy bunch. I pay millions yearly in taxes to the FGN. In return i am given an average of 30 minutes of power daily, no water ( i rely on borehole water) and shabby roads. With such a silly imbalance, i'd like to see anyone stop me on the road and decide i have to pay taxes to the FGN on my car, even though all VATs and customs duties have been paid to the government on purchase.

I'll see them in court.

Gamine:
@Kosovo

Sony Fanboy, ever heard of the one man's meat theorem

More like Sony troll

how you dey?

Hey, why don't one of you guys put something up on Youtube? wanna see your gameplay

malone5923:
Who said I havent done that already dont even get me started on stuffs that run on my wii. I cant download games on wiiso because of slow internet speed
But I do enjoy backing up games on a usb drive its much faster when it comes to loading and gameplay.

Sure you can.
Get starcomms - no data limit. Use the iZap modem

Download overnight. I can pull down 2GB in one night using flashget and a rapidshare premium account.

Better still, on wiiso you can download isos in .ciso format which are pretty compressed. For example, Mario Galaxy came in at around 300 - 400 MB in .ciso format. It'll take up way more space on the HDD though.

Look, it's obvious that these people were not killed for being illegal immigrants. There's more to this than meets the eye.
China has laws, and they are meant to be obeyed. Crimes like corruption and drug dealing are harshly punished unlike Nigeria.

vislabraye:
How many foreigners have nigerians killed?

If we had been executing the foreigners caught stealing oil and supplying monies to the MEND guys, we would have earned several billions of dollars and severely limited the influx of arms and outflux of stolen oil. I have long advocated for the death penalty for foreign nationals involved in oil bunkering.

Sometimes you need to send a clear message out. And capital punishment is effective at doing that

Perhaps you guys need to consume some more coffee to stimulate your brain cells. It matters not that Nigeria has electricity distribution problems. It is far easier to provide power to dedicated charging stations than to an entire neighbourhood.
We use GSM in Nigeria. How do you think the network masts are powered? Has the epileptic power situation in Nigeria caused us to have no mobile signals?


However, in my opinion the Lagos state government is a little premature on this. The EV tech is still pretty much immature right now. A good idea will be to wait until say 2012 when battery efficiency and plug standardization will improve, and costs will reduce.
As of now, EVs are pretty expensive and their initial costs will erode greatly into any savings on fuel.

The level of stupidity from most of the posters here is staggering.
Here we are trying to curb the stigma associated with HIV positive people and people are here chortling in self-righteous glee.
You people should grow up and move into the modern age. Imagine people comparing HIV victims to armed robbers.
90% of you morons will identify yourselves as Christians and go to church on Sunday. Where's the charity and love associated with your faith?
No wonder the likes of Helen Ukpabio and her child 'witch' killing crew flourish in this country.

PS: And before any of you numbnuts get all kiddie on me, no, i am not HIV positive. I'm just an indignant Nigerian who firmly believes in the 'live and let live' policy.

As studies go, this is pretty silly.
Why include Nigerians from ten and above in the sample space? When you count the number of teens and pre-teens that are not marriage ready yet, they'll number in the tens of millions.

chosen04:
SO whats the point that you are making? That 30 Nigerians are guilty of drug related offence and thus, must be executed at a go like chickens without fair hearing before the law?. Even  the Libya citizen  who was CONVICTED of lockbie bombing which 230 killed persons just sentence to life imprisonment and his country used every legal and illegal means to  have him released

Nigeria must stop allowing her citizens to be executed by any country especially, Country like China that a 'very poor human right records'

Don't be dense. What has Libya's laws got to do with Chinese laws?
The punishment for drug related offences in China is DEATH. This is known, and it's the same in Malaysia and i think Singapore. Does the fact that Nigeria does not execute drug smugglers make chinese laws wrong?

You're talking about a country that will and have executed mayors, governors and party chiefs for corruption. They have strict laws. Don't break them and you'll be alright. Simple as that!

Nezan:
I think oyinbo can start helping us by rejecting any corrupt kobo that gets into their banks, instead of enjoying profits accruing from the loots and claiming to be holier than thou.

I wonder if you realise that most of the banks in question are not owned or run by their respective Governments. And that it is not the banks' duty to vet the source of the monies being deposited there. There are lists of banned individuals and groups (such as groups associated with terrorism, terrorists) that cannot open accounts in any of the western banks. However it is extremely unlikely that banking facilities would be denied to individuals with no proven conviction for illegal embezzlement.

Why would a swiss bank refuse a deposit from Lucky Igbinedion when Nigeria has never been able to convict him (i.e prove convincingly in a law court) that he stole money? You and i know he stole Edo State blind, but since your country is too lazy and corrupt to nail him and his ilk, in the eyes of the law he's clean

Kobojunkie:
Well, let us hope this is not another DEAL designed to hold us off till the next ASUU strike. lol

As long as the FG holds up their end of the deal, there'll be no further strikes for a while to come.

Shame on Nigerians, though. Ordinary Nigerians should have been in the forefront of the battle to increase the budgetary allocation for education and improve our educational standards. Instead all have let this battle be an ASUU thing.

[quote author=Niger_d link=topic=341245.msg4778250#msg4778250 date=1256204485]I think FG thought it wise that students should disrupt the FIFA Events in few hours time,[/quote]fat chance. This whole episode has shown that Nigerians are among the most cowardly people alive.

HQ:
Exactly!, One of the reasons I hate Xbox -see my struggling with Halo ODST on xbox

the xbox 360's pad is miles better for FPS than the PS3.

@Topic
Wii Sports Resort, Paper Mario, Super Mario Galaxy

And when i'm on the toilet
iPhone Real Racing, FiFa 10 and Katamari

Iphone games are pretty dang good these days