₦airaland Forum

Pr0gressive01:
I don't know why yorubas will never learn, it beats me how they go about beating their chests shouting 'Sophistication' while everything is pointing to the contrary.

Benjamin Adekunle took his hatred for Igbos to another level during the civil war when he went about shooting women and children at the outskirts of Biafra while the hausa/fulani were watching. After using him, they disgraced him out of the army without any benefits such that he was looking for small contracts to feed himself before he died. At some point, his son was begging for donations to be made to take him to just Ghana for treatment. We are not even talking of taking him to the USA, Germany or UK oo, just to ordinary Ghana that we can trek into he could not afford it.


Obafemi Awolowo was also used by the hausa/fulani to wage the war against Igbos were he suggested that Biafran children be starved which lead to the death of so many. Awolowo was hoping that the hausa/fulani would compensate him by supporting him to become president but it only turned out he had been used and dumped. The northerners threw all their support behind their son Shagari and Awolowo was never president. As though this was not enough, Babangida was about to arrest Awolowo(which would have been the second time the northerners would be arresting him if it had happened) and to avoid this disgrace, Awolowo had to commit suicide by drinking poison(I think Ratak). cheesy

Abiola the yoruba aere onakankanfo thought that he had the north all behind him only for them to cancel his electoral victory and throw him in prison. The hausa/fulani still went ahead to serve him a very special tea which he drank and died. They went a step further by dispatching his wife Kudirat to join him in eternity.


This brings us down to Bola Ahmed Tinubu aka BAT- jagajaga borgu. Like FFK said, Buhari is the spirit clearly behind Tinubu's woes. The hausa/fulani are out to destroy Tinubu and reduce him to one of those agberos running around Lagos shouting 'owomida' at the top of their voices. Again, another yoruba leader has been used and is being dumped. grin


I keep wondering why yorubas continue to mistake treachery for sophistication and cowardice for wisdom.

Selah

Shewunoshewa:
What Awolowo lost, Abiola gained and what Abiola lost, Obasanjo gained...

If Tinubu loses, another Yoruba will gain...

What have the 'smart' Igbos ever gained?

Who died first - Abiola or Abacha?

No Igbo man/family dead or alive ranks anywhere near Awolowo. Even his wife got a state burial attended by PMB - the 'no 1 enemy'.

You yeasterners are impossible folks...

Erstwhile adviser to former President, Shehu Shagari on National Assembly matters, Alhaji Tanko Yakassai, has alleged that there is an evil scheme in the Presidency to completely scheme out a national leader of the All Progressives Congress, APC, Asiwaju Bola Tinubu from the hierarchy of the ruling party.
Disclosing this in Kano yesterday, Nigerian Tribune reports him as charging the former Lagos governor not to hesitate to tackle President Muhammadu Buhari if the latter is seen to be behind anything objectionable.

Tinubu, had while demanding the immediate resignation of the APC national chairman, Chief John Odigie-Oyegun, stated that: “There exists a regressive element in the party that cares nothing for the progressive ideas upon which this party was founded. They joined the APC because it was the best ride available at the time. Now they want to guide the party into the ditch. They want to turn the party into a soulless entity incapable of doing good, just like they are.”


In a widely published article yesterday, former Aviation minister, Chief Femi Fani-Kayode wrote that “They are a small cabal of power-brokers who constitute the leadership of the Buhari-led CPC. These people believe that they were born to rule and that they own Nigeria. They simply used Tinubu’s old ACN as a compliant and ready piggy-back to catapult their way back to power and once they achieved that they never looked back.”

But insisting that Tinubu’s political travails were well-thought-out and plotted in the Presidency, Yakassai recalled that Senate President, Bukola Saraki, had asserted that the APC government has been hijacked by a cabal now in control of day-to-day affairs of running the government.

“People are inclined to believe what the Senate president has said,” the second republic politician said, adding that “from all indications, every right thinking person will figure out a sinister plot to completely scheme out Tinubu from the hierarchy of APC and I want to believe this is coming from the Presidency.”

A former Governor of the Central Bank, Chukwuma Soludo, has insisted that senior lawyer, Femi Falana, apologise for making incorrect allegations.
Mr. Falana had called for Mr. Soludo’s probe, after he accused the former bank chief of doling out $7 billion to commercial bankers while he was in office. The Senior Advocate claimed that the loan was never returned by the beneficiary banks.
Mr. Soludo has, however, clarified the disbursements; saying it was never a loan, but deposits placed in the appropriate banks by the federal government.
“I can’t believe that the learned and respected Senior Advocate of Nigeria does not know the difference between a bank LOAN and a bank DEPOSIT,” Mr. Soludo said.
The former Central Bank chief added that “none of the 14 Nigerian banks needed a loan or requested for a loan, and the CBN did not grant any loan with our foreign reserves.”

Read Mr. Soludo’s full statement below:

FEMI FALANA CONTINUES TO LIE: I INSIST ON HIS APOLOGY
Chukwuma Charles Soludo

I have just read further statement from Femi Falana in response to mine and his position that he does not need to apologize to me but that instead I may wish to direct my demand for apology to Mr. Festus Odoko (then head of corporate affairs at the CBN). I hereby further wish to state as follows:

When I read Falana’s original statement, claiming that he had “evidence”, that I ‘dolled out’ $7 billion of foreign reserves to banks as a LOAN, I denied the charge and challenged him to publish such evidence. His “evidence” turns out to be a newspaper report quoting the announcement by CBN through Mr. Odoko that “deposits worth $7 billion representing the apex bank’s share of the foreign reserves estimated at about $38 billion has been released to the consortium of bankers” (The Guardian newspaper of 5/10/2006). The same newspaper report noted that the Investment Committee of the CBN (charged with responsibility for deciding where and how our foreign reserves should be kept) approved the decision to allow 14 Nigerian banks with capital base of more than $500 million to be part of the consortium of banks that hold our foreign reserves as deposits.

In all honesty, I can’t believe that the learned and respected Senior Advocate of Nigeria does not know the difference between a bank LOAN and a bank DEPOSIT, and there is no way I would have imagined that he was referring to the deposits with banks as LOAN. As I stated in my earlier response, Nigeria’s foreign reserves are required by law to be kept in foreign currency abroad. This has been kept either as deposits in banks or invested in sovereign instruments such as the US treasury bill. Before 2006, none of the Nigerian banks was considered big enough or with the infrastructure to manage our foreign reserves. Consequently, our reserves were kept with a consortium of other countries’ banks such as JP Morgan Chase, USA, UBS of Switzerland, Citibank, USA, Bank for International Settlement (BIS), Switzerland, etc. Indeed, in much of the 1990s especially under Gen. Abacha, our reserves were almost exclusively kept with BIS Switzerland.

After the consolidation of banks by December 2005 and as part of our long term vision that Nigerian banks should ultimately take charge and manage Nigeria’s entire foreign reserves, the CBN took the patriotic step of allowing the biggest of our banks to join the consortium of other countries’ banks holding our reserves as deposits. The CBN decided as a first step to give the biggest Nigerian banks a small portion of our reserves, $7 billion as deposits, while the remaining $31 billion as at that date remained with other countries’ banks as deposits and other investments.

It is interesting that Femi Falana would refer to the deposits held by Nigerian banks as LOAN while saying nothing about the other deposits with other countries’ banks.

Let me state that none of the 14 Nigerian banks needed a loan or requested for a loan, and the CBN did not grant any loan with our foreign reserves. As I stated in my earlier statement, the CBN Act does not allow the CBN to grant loans with our reserves to banks, and no loan was ever made. Chief Falana is therefore looking for a repayment of a LOAN by banks that never existed in the first instance. Under my tenure, Nigeria’s foreign reserves grew from $10 billion to all time high of over $62 billion and due to our efficient management, Nigeria never lost a penny of it.

Finally, I must say that I don’t believe any of the conspiracy theories flying around, including those who question the motive, timing, and content of his bogus claims, and some even allude to it as a hatchet job. Going into the archives to fish out a newspaper report of 10 years ago about deposits and making up a fantasy story around it to become a loan, could give anyone cause for suspicion. Even several of the allegations against my successor, Emir Sanusi, are laughable and betray a lack of most elementary knowledge of how a bank such as the CBN works. As one of his admirers, I want to believe that this is one of those cases he is proving to be human after all and therefore could get his facts completely wrong. It may be challenging for him to admit his error and apologize, but if he is not on a mission, it is the only honourable thing for him to do.

spitfyer:
ONLY IN NIGERIA WILL YOU SEE SUCH PEOPLE WORKING FREELY , THEN YOU SEE SOME BUFFON CARRYING PLAC CARD"RAPE OF DEMOCRATIC SYSTEM"MY QUESTION IS WHICH DEMOCARY?
DEMOCRACY THAT GIVE POWER TO ONE INDIVIDUAL TO AV $15 MILLION IN AN ACCOUNT........
GOD THANK YOU AM FROM NIGERIA.......AND SOUTH WEST..............AND NOT SOUTH-SOUTH.......

AND IF YOU FROM THAT REGION, BELIVE ME U AR FRM A VERY GOOD REGION, THE RICHEST IF YOU ASK ME, BUT INVESTIGATE YOUR LEADERS, IF YOU AR FROM THE NORTH PLEASE SEARCH YOUR LEADERS AND KNOW THEM.
I PRAY FOR NIGERIA......AND I PRAY FOR AFRICAN LEADERS.
AMEN.

The embattled self -confessed spokesman of the Boko Haram Islamic sect, Ali Sanda Umar Konduga (a.ka Al-Zawahir three years imprisonment without option of fine and released last week, was rearrested at the Maiduguri residence of Senator Mohammed Ali Ndume by some good Samaritans and Policemen attached to Government Reservation Area (GRA) Police Station.

Sources said, Konduga was identified, beaten and rearrested on Wednesday after he sneaked into the Senator’s house the third times beginning from Sunday 11th September 2016. Konduga according to family source, “kept on coming to the Senator’s house purposely to apologize to the immediate family for indicting Ndume, who was charged for providing Konduga with politicians’ phone numbers and not disclosing information to authorities under Nigeria’s Terrorism Prevention Act”.

Konduga was arraigned before Abuja High Court along with Senator Ali Ndume (Borno South), whom he (Konduga) said was sponsoring him to undertake Boko Haram activities. Ndume had pleaded not guilty to charges of passing classified information to an unauthorised person and of criminal intimidation. Investigation by our Correspondent revealed that, the said Konduga, whose Father and family had earlier claimed is mentally unstable, sneaked into Ndume’s house a day to Sallah at about 8pm last Sunday.

amagunnerfan:
I don't blame you. You wake your father with a side kick. You can disrespect others father however you want.

Charity begins at home after all.

amagunnerfan:
If you are learned, which I doubt, you will know having something in mind and putting it in writing like that idiot has done is different.

He can be jailed and if he was in a western country, he would be jailed. You people should spend sometimes improving yourselves rather than the constant entitlement mentality.