CBN releases shocking list of bad debtors that led to CEOs sackings

419, Currency, Economy, Personality, banking, injustice, scam, situation report No Comments »
Sanusi versus bank mismanagement

Sanusi versus bank mismanagement

Disgraceful List of Oceanic Bank, Afribank, Finbank, Intercontinental Bank and Union Bank Debtors including Femi Otedola, Ibori, Arisekola, Ramanniya and all the “richest” men in Nigeria. This list released by the CBN also contains the amount owed. Please click on each picture to see a wider view.

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Lagos Politics: Governor Fashola stands out…

Automobiles, Economy, Education, Health, Lagos, Laws, Media, Nigeria, Personality, Politics, Relationships, Structures, Technology, Transportation, jobs, recession, security Comments Off
Governor Fashola

Governor Fashola

In Simon’s article, Understanding the Fashola Phenomenon, the relationship between Fashola and Tinubu clearly explains why Lagos is moving forward. He also compared the governor with other peers who have embarked on white elephant projects and like their predecessors have failed to make an impact. Please read on…

“Anytime someone pours encomium on Lagos State Governor Babatunde Fashola, I smile, mischievously. I’m usually amused because… Okay, I’ll come back to that shortly. A few days ago, I was, as usual, discussing Nigeria with a friend. He recently had a terrible experience with a government institution. “We can never get it right in this country,” he said in frustration. “Nigeria is doomed,” he proclaimed on top of his voice. I looked at him and said: “Fashola.” I could feel his anger melt down. Reluctantly, he replied: “You may have a point there.” What did I mean by “Fashola”? No, I was not saying Fashola was about to solve all our problems. But under two years, he has demonstrated a sense of urgency, commitment and focus. It is not just about the change he is bringing to Lagos, but also the promise he has shown. He is showing us clearly that we are not living in a hopeless society, that things can change and change for good. Fashola has renewed my hope that a new Nigeria is possible.
It is very easy to think Nigeria is doomed. I have agonised over this doom most of my adult life. It is very difficult to see hope. We hardly see the silver lining in a dark cloud; rather, we see a dark lining in a silver cloud, as someone said years ago. We are so frustrated and pessimistic that we don’t even see the opportunities and prospects that gawk at us. All we can see are problems and pains. You cannot blame the Nigerian. We appear to be helpless and hopeless. We are like a sheep without a shepherd. Therefore, whenever someone appreciates Fashola, I smile mischievously, as if saying: “Didn’t you say it is finished with Nigeria?” And believe it or not, there are a hundred Fasholas – educated, exposed, committed, focused and visionary – all over Nigeria who do not have the opportunity to shine because of our peculiar political structure.
The major difference, however, is that someone placed merit above political expediency and stuck out his neck for Fashola. I’m talking about Asiwaju Bola Ahmed Tinubu, the immediate past governor of Lagos State. Having ruled Lagos for eight turbulent years, during which he kept battling with the President Olusegun Obasanjo-led PDP troops who were hell-bent on capturing Lagos at any cost, Tinubu could easily have handed over to another politician. There were many of them around him, pressing him left, right and centre. He chose, instead, to throw his weight behind a certain Babatunde Raji Fashola who was unknown outside the Lagos corridors of power. Why did Tinubu settle for Fashola? Why did he choose to gamble on someone who had never been a councillor, much less a council chairman, in a society where we make jest of people like Pat Utomi because their political CV is not intimidating?
Tinubu opted for someone whose first exercise of executive power would be in the office of the governor of Lagos, the most chaotic and the most strategic state in Nigeria. Why? My guess is that Tinubu saw something in him which some of us did not see. My guess is that having laid out a beautiful plan for Lagos which he could not fully implement because of political expediency in the Obasanjo years, Tinubu was sincerely committed to getting a rightful successor who would carry out the assignment to a logical conclusion. He put merit above merriment, purpose above politics, reason above rhyme. I wish Obasanjo could honestly say the same regarding his own choice of successor.
Why is Fashola making progress? This should provide good PhD research topics for political scientists and maybe economists. Since I am a student of Governance and Development, I will look at the Lagos Model from my own bias. My write-up today should help us understand the Fashola Phenomenon and put things in proper perspective. We can then ask: what can the rest of Nigeria learn from this? The major obstacle to good governance in Nigeria, in my own opinion, is politics. You can replace that word with “politicking”. Many times, we have managed to produce good people in government but they end up as failures. Why? I suggest: the impediments caused by politicking. For you to succeed as a leader in Nigeria, you must get your politics and policy right. You may have good policies, but without the right politics you will fail. No matter how much we dislike politicians, we need them. You can never have politics without politicians. That is one. On the other hand, you may get all your politics right – pleasing some people, pummelling others, perfecting all the intrigues – but the society will never move forward if you do not have the right policies. You, therefore, cannot escape a happy marriage of politics and policy if you are to be an achiever.
Now here comes the Lagos Model. Fashola is the “technocrat” who handles governance, the finer details. Tinubu is the “godfather” who handles the politics, you know, the murky waters. They complement each other. Tinubu himself is a technocrat, to be sure, but the politician took the better part of him during his tenure as he had to fight off the PDP hawks. If Fashola begins to play politics today, governance will suffer. If he was interested in politicking, he could never have removed the traders from Oshodi. He could never have chased away those yellow buses from the highway. In Nigerian politics, the critical mass of voters will be found in markets and at motor parks. The real voters and foot soldiers are petty traders, bus drivers, conductors and touts. The conventional wisdom is that if you control the motor parks, you control the thugs; if you control the thugs, you control the polling booth; if you control the polling booth, you control the votes! That is why associations such as National Union of Road Transport Workers (NURTW) and Road Transport Employers Association of Nigeria (RTEAN) are very strategic to politicians and there is always a fierce battle to control them.
By taking these tough decisions, Fashola would have been committing political suicide. But, no, there is Tinubu to clean up the “mess” politically. This frees Fashola to retain his focus without much distraction. It is like in football: you have a defensive midfielder and an attacking midfielder – the former, like Tinubu, handles the defensive part of the job while the latter, like Fashola, is freed and creates goals for his team. Politics and policy, like we said, must be happily married if we are to enjoy good governance in this country. Fashola has never made any attempt to discredit his predecessor. I hear a lot of PDP people say: “It’s Tinubu’s programme that Fashola is implementing.” Pure rubbish. One of the biggest obstacles to our development is this mentality that you must discredit your predecessor and discontinue his programmes so that people would not say you don’t have your own ideas. Pure rubbish. Government is a continuum. If anything, policy reversals have done a lot of damage to the country, as we can see at the federal level.

Fashola and S.A.Ferguson

Fashola and S.A.Ferguson

President Umaru Musa Yar’Adua came to office in May 2007, and – based on the advice of people who probably had selfish motives – he suspended the power projects, cancelled the Lagos-Kano rail contract and reversed the privatisation of refineries. Nearly two years after, Yar’Adua is going back to the same power and rail projects – and he now wants to privatise the refineries again. Precious time wasted for nothing! Does he know the billions of dollars and invaluable productivity we have lost as a result of this? Why must he reverse policies for the fun of it? All the talk about 6,000 megawatts today is based on the projects Obasanjo initiated in 2006! So why waste our time? This is very common all over Nigeria – new governors abandoning critical projects for selfish reasons. Fashola has proved to be wiser than most.
But can we replicate the Lagos Model all over Nigeria? For instance, would Dr. Chimaroke Nnamani have performed better as Enugu governor if he had faced governance and allowed Jim Nwobodo to handle the politics? That is the problem with modelling. What works in Sokoto may not work in Akwa Ibom and what works in Oyo may fail in Kogi. However, the fundamental truth cannot be altered – that “politics and policy” must be delicately balanced, happily married, if we are to make progress. Whether one person should handle the two or there should be “separation of powers” between the “politician” and the “technocrat” is what we can debate more extensively. However, the Lagos Model can work for Nigeria as witnessed under Obasanjo administration. Obasanjo, though a terrible politician who was obviously power drunk, managed to handle the politics while “technocrats” such as Prof. Chukwuma Soludo, Mrs Oby Ezekwesili, Dr. Ngozi Okonjo-Iweala, Mr. Bode Agusto, Dr. Mansur Muhtar and Mallam Nasir el-Rufai went about the business of governance. Obasanjo’s battle with his own contradictions might have discredited his government, but we certainly made some progress under his government.
Can we then toy with the idea of a “politician” President and a “technocratic” VP in 2011? Technocrats have their failings, just like politicians too, so we need a balance. Somehow, I think Nigeria’s redemption will benefit tremendously by learning from the Lagos Model. It’s a phenomenon we should give serious consideration to, as we battle to create a new Nigeria.”

Joke of the day: African Remix Video (Beyonce put a ring on it) All the single ladies spoof

and Don’t put that ring on it (Spoof Video)

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Lagos – Helping one another to dial 911!

Critique, Economy, Escapades, Internet, Lagos, Life, Nigeria, Personality, Places, Relationships, Religion, Social, recession 5 Comments »

Brothers and Sisters,

If you didn't know now you do.

If you didn't know now you do.

LAGOS, NIGERIA: I don’t know how you’ll react to this message or revelation or reminder or piece of crap but one thing is sure; you will agree with me that these things do happen a lot around us so much that I can be forgiven to use the word “rampant”. Okay, when I blog, i leave so many things aside, i don’t mince words, for the sake of young readers I try to use dotted lines so you can, with your durrry mind, fill in the gap. Let’s leave religious hypocrisy and pretence aside and face the truth no one likes to talk about… cos you are probably one of them.

Relationships in Lagos, like in any Metropolis are usually dirty. I mean verbally dirty, morally dirty, spiritually dirty, socially dirty, financially dirty and maybe (sorry almost always) physically durrrry! Now where do I start from? Hmmmm…  Distance relationships! Common, you know what I mean, people need someone to hug and to hold, someone to hang out with, on thursday nights and weekends, in short someone to lust! Did you get that? Someone to lolox! Did I hear you say cheating? Come with me and see mums, dads, bosses, colleagues, siblings, friends and even partners getting help. Are you trying to cope with stress and depression from unemployment or the monster recession and just need to ease off? Okay I see you grabbing your cellphone, don’t dial 911 just yet, help’s on the way…

Okay let’s get down right serious. You ask someone, “Hey, what you doing with that person?”, you get the answer:

Her boyfriend’s in another Taraba State, I’m just helping her.

His wife’s 6 months pregnant, I’m helping him. No strings attached.

His wife’s out of town and my boyfriend’s in NYSC camp, we are helping each other.

Her boyfriend won’t be visiting till next week and we are next door neighbours, what’s bad in helping each other?

She’s away in another school and her boyfriend is on a course in the UK, I’m just trying to be of help to them.

You should know by now what the word “help” means – this has nothing to do with recharge cards or money. It’s plain, straight-to-the-point, no stories, durrry quickie sex – nothing to lose! If you haven’t heard the words Sharp Sharp, Kia Kia, Pa Pa Pa, One Time… now you know they mean “In a giffy”. It’s confusing when an individual tries to “help” so many people at the same time. It’s even more confusing when the needy ones know they are being helped by the same superman or superwoman. It’s part of the fun in Lagos innit?

The surprising thing is the abnormal understanding noticed in this type of relationship. It is firstly a relationship with no future or chance of getting anywhere, a higher version of the one night stand. If there is any exchange of any material nature, it’s simply mutual and not part of the plan as this is no sex-for-money thingy. You help in kind, not cash. Another thing is how people have evolved into loving one person and keeping such for marriage and at the same time helping a host of others who eventually show up to cheer their helpmates up at their wedding. For all I care, help goes on well after marriage even when both parties are married. A friend once told me his helpmate’s boyfriend called while they were helping each other but he was on another level and just couldn’t stop, even when she picked up the phone and the helpless one at the other end (who probably has his helpmate there too) could hear sounds of “torturing” over the phone… what a great way to retire to bed!

I’m not asking you to start suspecting your partner. Helpers are everywhere; schools, churches, neighbourhood, workplaces, dating/social networking sites (naijapals, facebook, legwork)… just name it. Age is no barrier when everyone is a potential helper, don’t be deceived by looks. I won’t go around asking you to “resist the devil and he will flee from you”, nope, I just believe if you are old enough to read through this blog, you can either say YES or NO to helping or being helped. And if you must help or be helped, please protect yourself so that your helpless partner can find you in one piece but know that you may not be able to “free” your erotic mind from your helpmate even when your partner returns. This could lead to a life of guilt, fear of blackmail, absent-mindedness, and depression if care is not taken. Risks as usual include breakup (busting), unwanted pregnancy, unwanted marriage, STDs, murder, rape (at the point of no return), ritual killing, robbery and so many ugly things. Nothing is entirely hidden you know. As you render helpful services, remember that someone could be helping your “love” elsewhere too. If your partner doesn’t trust you then someone is likely going to dial 911.

Do you still need help? Do you still want to help someone? Say it now, or forever hold your peace!

Joor Oh! Mi o le help Iya Arugbo O! (Please, I can’t “help” a grannie!)

Enjoy your weekend.

X.

A hunter with only one arrow does not shoot on impulse. – Naija Proverb

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All the single ladies…

Critique, Internet, Journalism, Lagos, Life, Media, Music, Nigeria, Personality, Poetry, Relationships, Social, TV, Videos 8 Comments »

… put your ring fingers up.

Call me Sasha Fierce

Call me Sasha Fierce

It’s kinda like a Lagos anthem now. If you’ve been going out with your guy for more than two years then I can bet you are probably consciously/unconsciously singing this song every minute. Not like Beyonce got a ring (the video didn’t reflect the lyrics) but the message is loud and clear.

“If you like it BETTER put a ring on it”

Can an average Lagosian put food the size of a ring in his mouth let alone a metal in a babe’s finger? Okay do babes mind, we have plastic/rubber rings too. LoL. Obviously she’s talking marriage really, not engagement and not just a ring. If I understand the last part, she says get serious with me, quit playing around and be responsible. I’m not a Beyonce fan but I do not like the way people go about saying the song is crap.

Pull me into your arms
Say I’m the one you want
If you don’t, you’ll be alone
And like a ghost I’ll be gone?

In if i were a boy, the message is clearer. Treat ladies with respect or lose them, only that it just doesnt work that way in this part of the world. Some ladies are stuck due to peer pressure, lack of cash, trips, suitors or common sense! How else do you explain 21st Century Polygamy? :)

But you’re just a boy
You don’t understand (Yeah you don’t understand)
How it feels to love a girl
Someday you wish you were a better man
You don’t listen to her
You don’t care how it hurts
Until you lose the one you wanted
Cause you’ve taken her for granted
And everything you had got destroyed

My advice to single ladies: please work hard and don’t depend on no man. People like Ne-yo do not hide their love for a woman who can live (not just survive) on her own and the truth is the relationship is more open (should I just say balanced) when neither depends on the other, materially?

Video Links

Put a ring on it: http://www.youtube.com/watch?v=8mVEGfH4s5g&feature=related

If i were a boy: http://www.youtube.com/watch?v=BVTyLqkez6A&feature=channel_page

Spoof version (don’t put a ring on it) : http://www.youtube.com/watch?v=kF1VgQh_3nQ&feature=related

Enjoy your Thursday,

1.X

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