Nigeria’s journey from fraternal hostility to national integration was on course (at least with no major or visible bumps) for nearly a quarter of a century after the civil war ended. But from the mid- 1990s onward the country entered a new and sustained phase of ethnic tension following a long period of military rule led by Nigerians from the North of the country.

Any list of appointments is scru-tinised by Nigerians to see whether it contains the names of someone from their state or political zone. If the list contains no one from their area, they instinctively reject the list and complain that their people are marginalised.

GOD bless the soul of Senator Abraham Adesanya on the other side of eternity.There was no one who stayed around the late good old man for long that would not remember his depth of Yoruba philosophy with his wisecracks and anecdotes.

The Central Bank of Nigeria, CBN, and the Lagos State government have different reasons for desperately averting possible Skye Bank distress. Even the hint of likely distress inhibiting deposits and inviting a run on the bank is not in their interests. For the CBN, the collapse of any bank, at this time, is likely to create collateral damage affecting other banks, governments, the organized private sector and the financial system. So their anxiety on this matter is understandable.

The latest directive, dated 23/08/2016, however seems to be a reversal of an earlier approval dated 14/09/2015, from the office of the Account General of the Federation, for CBN to exempt some Agencies from compliance with a Central Treasury Single Account with the CBN. The AGOF’s circular confirmed that the thirteen exempted agencies are “profit oriented government business entities that pay dividends to the federal government of Nigeria”; according to the Accountant General, in another circular, such companies included NNPC, PHCN, Nigeria Railway Corporation and others.