Goodluck Jonathan(phd) personalized the saying "Good name is better than...."
from a classroom teacher to a deputy Governor,to Governor,to Vee-pee then
President in a space of app. 8yrs- its HISTORY!
Like he said in his campaign speech "if I can make it,the you too can"
He represent the new face of leadership in Nigeria-youth,education & being
gentlemanly.From the minority part of the country that never dreamt of being
in power, his divine thrust to power represent a fresh hope of equality in
the land.And like he said in his campaign speech "if I can make it then you
too can make it"
He has an amiable gentleman (an architect) as a running mate.
The PDP which pride itself as the biggest political party in African
is Nigeria's version of the GOP.It controls more than 20 out of the 36
states in the country.It has almost all major the power brokers(both at state &
National level),senators,reps,former Presidents, ministers and head of government ministries & agencies in its fold.
Suffice to say its the party with the biggest structure on ground.Though it lacks
internal democracy and amid crises after crises,its has manage to keep its house
in one piece! And with the power of incumbency,it remains the party to beat!
Showing posts with label CBN and Nigerian Banks. Show all posts
Showing posts with label CBN and Nigerian Banks. Show all posts
Tuesday, March 1, 2011
Tuesday, August 25, 2009
Ibru,Akingbola and the CBN & EFCC
The shakeup of the last few weeks in the banking sector,has left many bewildered! Some of the noticeable giants in our banking sector were all exposed.Huge debts and according to CBN they were about to go the LEMANN BROTHER's way.
We are carefully waiting for the 'diagnosis' report of the remaining Banks (wish it be extended to he MFBs).My fear actually is that most of our major Banks are sick.Come to think of it,if Union bank-one of the older banks-is sick,then the rest of the older bank needs serious 'medical check-up and medication and I smell foul play if First Bank is giving a clean 'financial' bill!
I personally think that the financial fraud allegation leveled against Ibru and Akingbola(dunno much about Nwosu,but I do know that he worked his sock off to get finbank to the enviable height it has attained) is a big JOKE!
Yes they gave out bad loans, yes they invested in wrongs business-no thanks to the capital market downturn and global recession,but they are certainly not frauds- No Sir! And if they are guilty of any crime,then their board of Directors are certainly as guilty as they are.
We are carefully waiting for the 'diagnosis' report of the remaining Banks (wish it be extended to he MFBs).My fear actually is that most of our major Banks are sick.Come to think of it,if Union bank-one of the older banks-is sick,then the rest of the older bank needs serious 'medical check-up and medication and I smell foul play if First Bank is giving a clean 'financial' bill!
I personally think that the financial fraud allegation leveled against Ibru and Akingbola(dunno much about Nwosu,but I do know that he worked his sock off to get finbank to the enviable height it has attained) is a big JOKE!
Yes they gave out bad loans, yes they invested in wrongs business-no thanks to the capital market downturn and global recession,but they are certainly not frauds- No Sir! And if they are guilty of any crime,then their board of Directors are certainly as guilty as they are.
Subscribe to:
Posts (Atom)