May & Baker warns investors against fraudulent investment scheme
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SubscribeWhere is the $7BN CBN loan to 14 banks?
“The report of the 14 Nigerian banks which were appointed as Asset Managers of Nigeria’s reserves was carried on the back page of The Guardian Newspaper of the 5th of October 2006. The report confirmed that “already deposits worth $7bn representing part of the Central Bank of Nigeria’s share of foreign reserves estimated at about $38bn had been released to the consortium of bankers”, according to CBN’s Head of Corporate Affairs, Mr. Festus Odoko.
Can this man be serious? (2)
That statement by the Minister was tucked into a report which screamed, POWER GENERATION DROPPED BY 2,042MW. The story went on to state that “Peak generation for the country as of Tuesday was out at 3,865MW, while 3,331MW was the figure for the off-peak generation.” Meanwhile, the first month of the year has come to an end and the nation is still receiving less than 4,000MW steadily, despite the lies by the PDP and the Minister’s widening credibility gap.
Election date – Revolution in my head
It is no longer news that the hitherto scheduled and anticipated 2015 Nigeria General Elections did not hold yesterday. Instead Nigerians went out joyously to celebrate Valentine’s Day. We did not vote, but the day was not wasted. Lovers were all over the town. Husbands and wives “feigned” love as they present their spouses with flowers, cards and chocolates. To them, love should only be “expressed” once a year on Valentine’s Day. And for some wives, yesterday was no different, as their husbands still “played away game” with the excuse of official “duties”. To these set of people, they would have preferred the election held, so as to keep the husbands indoors. But it never happened.
Notes on the upcoming national elections (3)
According to media reports, Gen. Buhari has rejected invitation to debate with President Jonathan as proposed by the Broadcasting Organisation of Nigeria (BON). Probably, he is unaware that presidential debate has become an accepted feature of normal democratic practice, given that it offers a great opportunity for aspirants to speak directly to a wide audience and for the electorate to assess spontaneously the intellectual quality of those aspiring to govern them.
INEC shifting polls and its consequences
Only a fool would have expected the presidential elections to hold yesterday. That it took INEC until a week ago to realize their error merely proves, once again, that people can be very intelligent, but not wise. Professor Jega is the author of what will follow from now on.
Our Military must not die
What do Nigerians and indeed the media expect of the military in the face of contemporary challenges? This was a question I sought to answer in April 2013 at an interactive session on civil military relations organized by the Nigerian Army in Lagos. At the end of my paper, it was clear I had upset the military judging by the responses of the top most military officers who were participants at the conference. The session was so combative that I was forced to fight back by telling them not to invite me to future sessions if they only want to hear what would please them.
Hunger and Thirst After Righteousness
We are on our way to a city where the Lord is all in all. He is the water, the food, the clothing, the heat, the light and shield.
Delayed but never denied
Election day has been postponed we are told as there are concerns of insecurity and safety of voters. That is the official story and whether we believe it or not, they are sticking to this official line. So now when Election Day approaches, Nigerian lives matter! Pull the other one, I say, Nigerians will have their say whatever time it is. The subterfuge is transparent and to some they had seen it coming. So though it came as a surprise to many, it seems that some had expected that the government was going to but spanners in to the works.
Emergency Valentine: INEC vs Nigerian men
Nigerian men are concerned about the postponement of the much anticipated February 14 election, and that’s for a different set of reasons altogether. The economics of postponement really seems to be causing a headache as they are now hard-pressed to perform today, Valentine’s Day. How will they cope? The women are laughing but will they have the last laugh?
Ekiti Gate: A diabolical ‘radio drama’ from Ekiti?
Many conveniently attributed his victory to ‘stomach infrastructure’ . A brand of exploitative politics that has acquired a legendary status . You can bleed the treasury if you like and buy and distribute gifts to the electorate from time to time or on the eve of an election. Others argue that Fayose is popular amongst the local poor. Stomach infrastructure is unfortunately designed for such popularity. You can embezzle billions meant for a state project and spend a few thousands distributing bags of rice and chicken to market women the day before Christmas . And be popular. A man of the people!
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