The deal was Stopped by Yar adua. . .in 2007 and has just been modified to resume next yrI was just thinking of African railways and this came into my head. The original deal was announced in 2006 or 2007 but I havent heard anything yet. The delay is unacceptable.
First all,i dont like zoning, i dislike itThe deal was Stopped by Yar adua. . .in 2007 and has just been modified to resume next yr
Xterra. . .u need to get your facts right and stop being so damn biased. . .
If Jonathan is Useless then Yar adua must have been 10 times more useless
The President is doing a wonderful job against all odds
you must be one of the proponents of the fraud called zoning
The point is Jonathan did not divert anything. . . .This loan has just been approved by the senate this yr,so how can it be diverted. . .since jonathan has only been in power since april this yr. . .First all,i dont like zoning, i dislike it
So if i dont get my facts right, show me the correct thing, instead of attacking me and yaradua .... show me and i would counter whatever facts you post....
Well, yea Yaradua is 10x more useless than jonathan, but yes that is so damn true as he is DEAD and thereby USELESS ..... right ?
And actually i am not biased, except if the word biased was replaced with the truth..... which i doubt so....
Hey, i understand you dont want me criticizing jonathan, you like him, but am not biased, check all my posts since i joined this SSC ,and checked whether what i say is wrong, show me even a post,
I joined this website in 2007 or 2008 (i wont waste my bandwidth checking this ) but see the number of posts i have, i see many things but dont post or argue with if i know that someone can prove me wrong.
And um i dont like yaradua , i like buhari only among the presidents, past and aspirants (although he wasnt a president)
but you can say that i prefer yaradua over jonathan, not because of ethnic or religious or zoning because i feel that he is not a good leader... as simple as that....
Not everybody is a proponent of zoning, or divided along ethnic or religious lines, if people are i am not..
I remember when Sanusi remover the banks heads, the ex-heads sponsored stories in the media accusing sanusi of anti-south, and some stupid southerners ( :| ) accused him of so, but when ibru was sentenced to jailed,and was told to pay back $1billion (or close to ) they kept quiet. :lol:
You made things easier for me as you um um um, um , made your points in paragraphs( spaces i mean ) so i would reply you by paragraph so if i put 1. paragraph 1 and so on....The point is Jonathan did not divert anything. . . .This loan has just been approved by the senate this yr,so how can it be diverted. . .since jonathan has only been in power since april this yr. . .
As for Buhari, i dont know how old u are,but i am young and i dont need a coup plotter from the 1980s as the Face of Nigeria in 2010. . how backward and retarded is that?
What is buharis economic philosophy?. .Socialism. . or what. . pls dont make me laugh. . the dude is clueless. . has no idea how a modern economy works. . worse still is an ex coup plotter and is basically 80yrs old or something and u think that is the best for Nigeria?
In saner climes Buhari would be in Jail or on Exile,pending the resolution of his trial for crimes against the state
That is why i say u are biased,If u are young,then key into what young ppl are thinking. . .no sane young man would ask for Buhari when Jonathan or Fashola is there
As for Sanusi, he is the CBN GOV,and is somewhat independent,so he has the powers to do what he did. .however the point is that most enlightened ppl will tell u that his approach is wrong. .
Plus he is clearly unqualified for the Job. . If i had a masters degree from an Islamic school in SUDAN i assure u that i will not be working in a bank talkless of the Head of the CENTRAL BANK of the 2nd Largest Economy in Africa
Again we can only move forward in this country if we tell ourselves the truth
Yar adua that stopped all the progressive reforms the country had u claim u like. .while Jonathan that is moving things along u claim u dont. . .pls check yourself and stop lying to yourself
Yaradua stopped? the progressive reforms, please show me some infact not some ALL .... yaradua also moved things, jonathan also did, obasanjo also did, buhari also did, abacha too, all past leaders did "moved things"Yar adua that stopped all the progressive reforms the country had u claim u like
Okay i hate incompetence too thats why i hate GEJOne more thing is i hate Incompetence. . .If u are unqualified or unable to do a Job. . the person shouldnt be there PERIOD
Yar adua was INCOMPETENT and Unable to do his job. . turned Nigeria into a laughing stock. . but u like him
SANUSI is clearly UNQUALIFIED for the post he holds. .yet u like him
BUHARI is clearly UNQUALIFIED and mostly has no CAPACITY for great thoughts. .that will lift our country up. .yet u like him
These 3 people are FULANI. . .yet u say u are not Biased. . .
Here are ppl i like
SHAMSUDEEN USMAN(HAUSA FULANI). current national planning minister
AGANGA(Yoruba) current finance Minister
My recurring theme on ppl i like in GOVT is competence and progressive qualified ppl. . . . .who have an idea on how global economies work. . . .
u can see they span the whole country. . u should strive to let the best man have the job. . .thats the only way to a better Nigeria
Sanusi to paddy lo is incompetentTHE renowned global financial intelliegence magazine- The Banker, a publication of the Financial Times of London, has conferred on the Governor of Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, double awards.
The awards are the Central Bank Governor of the Year for the entire world and that of the African continent.
According to a release signed by the Country Representative, Nigeria, The Banker Magazine, Financial Times, London, United Kingdom, Mr. Kunle Ogedengbe, the magazine noted in its 2011 January edition, which will also be distributed at the World Economic Forum, Davos, Switzerland, that in the last 18 months that Sanusi has been in office, he has salvaged a crumbling Nigerian financial sector, including implementing reforms that have put Africa’s most promising market back on the map for investors globally.
Editor of the magazine, Mr. Brian Caplen, noted that few candidate names can generate an overall consensus on judging panels and yet, when it came to finding the best global central bank governor of the year, Sanusi was chosen unanimously.
Caplen stresses that Sanusi embarked on a radical anti-corruption campaign aimed at saving 24 banks on the brink of collapse and pressed for the managers involved in the most blatant cases of corruption to be charged and, in the case of two senior bankers, convicted.
Despite the big challenge of facing up to powerful people who held considerable sway in the country, Sanusi never looked back and got the support of the public as they were made aware of the scale of corruption, which made the public to support the change he promoted.
Two months into his governorship, Sanusi embarked on the bailout of Afribank, Intercontinental Bank, Union Bank, Oceanic Bank and Finbank and dismissed their chief executive officers in a move designed to show that banking is no longer business as usual but institutions that must serve the economy as a whole.
Another key reform of the banking sector introduced by Sanusi has been to limit the tenure of bank CEOs to a maximum of 10 years. They will have to leave office at the end of their term regardless of their record. This policy has already led to change of leadership at UBA, Zenith and Skye banks.
Caplen added that the reforms initiated by Sanusi have been hailed as necessary to sanitise the banking industry and that observers have argued that, had these reforms not been initiated, Nigeria would have entered into another round of banking distress.
The implementation of stricter disclosure policy by the Central Bank of Nigeria has also led to a culture of greater transparency in the sector, he said.
The magazine noted that the reforms of Sanusi are to enhance the quality of the Nigerian banks, establish financial stability in the system, provide enabling and healthy financial-sector evolution as well as ensuring that the financial sector contributes to the real sector rather than just serving the banking sector alone.