Unity Bank CEO Says The South Controls Nigeria's Economy - Politics - Nairaland
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| Unity Bank CEO Says The South Controls Nigeria's Economy by Ibime(m): 1:34pm On Mar 06, 2008 |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by naijaking1: 1:41pm On Mar 06, 2008 |
That was a shocking comment by this bank CEO. He's supposed to be an economist or at least know something about economics and finance, I hope. If that's the case, how does he intend to remedy the situation? Kill all southerner, enslave them all, or disposes them in the name of of his allah? Just another comment that kills my hope for the future of naija. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by 4Him(m): 2:37pm On Mar 06, 2008 |
What does Mallam Bello want? Should we cede the sea to them so they can have a seaport too? Where was Mallam Bello when our leaders where going to school? |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by Encomium(m): 2:46pm On Mar 06, 2008 |
What do you expect from the lazy CEO who controls one of the most backward banks in Nigeria. Unity bank is a bank owned by the Northerners, and at the same time couldn't help them to revitalise their economy. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by 4Him(m): 2:51pm On Mar 06, 2008 |
I am still scratching my head as to what exactly Mallam Bello wants . . . . Should the government forcefully nationalise the southern Banks and hand them over to the north? Shouldnt we be telling mallam Bello that the poverty of manpower, illiteracy, constant religious crisis and the generally inept leadership in the north is the real problem why industries can never grow there? 1 Like |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by ndubest(m): 3:00pm On Mar 06, 2008 |
so the educated men in southern nigeria got their economic wealth through government policies?? Instead of sending the kids to school or giving them free education, they just keep them as al majiries to fight their UNHOLY WARS now he is blaming the south and the government for backwardness of the north i wonder how many years since our 48 yr independence that a southern has ruled this country am really disappointed by that MD/CEO's comment he should better go for adult education and grab an MBA if he doesnt have one already so as to understand the basic principles of economics OF DEMAND AND SUPPLY |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by 4Him(m): 3:15pm On Mar 06, 2008 |
Ibime: Mallam Bello, the north is forever blaming everyone but themselves. Between 1979 and 1999 (Nigeria's worst 20yrs) the north was fully in power, what did you do to address the inbalance in the north? Did your leaders build new schools? Did they have the foresight to turn ur vast lands into tourist attractions or large scale farms? How many industries did they attract to the north? All of a sudden a 4yr reform by Obasanjo is to blame for us having 94% of the banking sector? Mallam Bello . . . what happened to the government owned Bank of the North? Have you turned that into a banking eldorado? |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by oldie(m): 3:18pm On Mar 06, 2008 |
The reasons given by the Unity Bank MD are the real reasons why we will not grow economically There is no need to coerce the South South The North and the South South have different reasons - cultural and historical for the lack of developments in those regions Questions: • How many presidents have we had from the North since independence? • Who was in charge of Privatization? • What happened to the Bank of the North? • What is he doing to improve the status of the Unity bank (another name for bank of the North) • What are the Northerners doing to change the economical structure? The mindset of Northerners like Bello and his type will not allow NEPA to be unbundled because of the fear of economical explosion in the south He should blame his own people for underdevelopment in the North instead of using other people as scapegoats and trying to recruit the South South and whipping up sectional sentiments! |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by bababuff(m): 3:55pm On Mar 06, 2008 |
Why all these hullabaloo about nothing? Is it because the CEO is a northerner? None of you have been able to dispute the facts. Ibime: All the highlighted above are known facts. The West and The East controls everything. You guys are parasities. You say dem chop Government money, no be your southerner brothers teach them how to carry money to Swiss accounts.  |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by 4Play(m): 3:58pm On Mar 06, 2008 |
Ibime: We already have "affirmative action" in that regard.What do you call all those Northern students who get admitted to University with grades that won't get you into OSISATECH?  What about all those relatively poorly qualified Northerners who get choice jobs within the Govt? The irony was lost on him when he was complaining about under-investment in the Niger-Delta.When you factor in all the money spent on places like Abuja,you can't help but laugh at his comments. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by oldie(m): 4:23pm On Mar 06, 2008 |
bababuff: No, it is not because he is a Northerner It is because he is ignorant, condescending and a revisionist And why didnt they use some of the "Swiss" money to develop the North? |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by ndubest(m): 4:43pm On Mar 06, 2008 |
oldie: Of all the northern millionares, how many of them have dared to set up industries  Even dangote that managed[b] through government assistance[/b] is employing southerns may be other Northerns like Mallam (abi teacher) Bello should take a cue from him instead of screaming foul This name mallam bello reminds me of "MALLAM BELLO" IN THE POPULAR NTA SOAP "AREA 11 CENTRE"  |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by Ibime(m): 5:02pm On Mar 06, 2008 |
bababuff: Look who dey call who parasite - wetin una dey produce? The fact that the South is prospering has nothing to do with governement intervention - it is solely down to the enterprise of Southerners. If una like make una no go school, na soso suffer una go dey suffer. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by Arnold1(m): 5:16pm On Mar 06, 2008 |
He said that peace would elude the country until the regional economic imbalance was addressed. This is laughable The Southerners embraced education and it is now yielding dividend. They haven't seen anything; wait till the day oil and gas is depleted from Nigeria then they will know the true defination of poverty. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by 4Him(m): 6:00pm On Mar 06, 2008 |
bababuff: Yes the above are facts that cannot be disputed but the irony is that those who are crying the loudest need to look under their dusty cooking pots for the real reasons for those facts. The East and West control everything NOT because they have cornered all the juicy oil contracts but because of the individual enterprise of southerners. No Igbo man has ever been president of Nigeria . . . how do you explain that they have a larger share of the economy as compared to the north? How did we steal all the economy from under ur noses? Mallam Bello's attempt to rope in the south south is laughable. When push comes to shove the north will be all alone. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by grafikdon: 6:09pm On Mar 06, 2008 |
Like I said before, once a baboon, always a baboon. Dressing a baboon in Victoria Secret lingerie and lip stick doesn't make the baboon Naomi Campbell. On the other hand, the 'CEO' (Confused Executive Officer) is a natural born comedian and I think he is in the wrong profession. He should go and claim his spot on Night of a Thousand Laughs. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by naijaking1: 8:56pm On Mar 06, 2008 |
Mallam Bello, Babaffu and their followers are dangerous. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by Nobody: 10:20pm On Mar 06, 2008 |
Look at this stupid Hausa man - depite the fact that they have controlled the country for the last 50 years, they are still complaining that Southerners control the economy. Is it us that told them not to educate themselves? Upon all the money they have chopped - they should go and ask Babangida to cough up some of the money he has stolen so they can develop themselves. Niger Delta never complain finish, now na Hausa man dey complain.whatever makes the man stupid? |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by grafikdon: 10:55pm On Mar 06, 2008 |
olrotimi: Find your answer below--- The Holy Gospel according to Usman Dan Bello, CEO . . . “It is indeed in the interest of the South-Westerners and South-Easterners for some affirmative actions to be taken to redress the situation, else there will be no real peace in this country moving forward.” Bello blamed the reform agenda of former President Olusegun Obasanjo for creating “very dangerous economic structure,” which had worsened the situation of the North. He said, “By design or accident, Northerners and South-Southerners as peoples and regions have been made third and fourth-class citizens. “We may well choose to ignore these happenings and pretend that they have not happened but doing so will be at the peril of the Nigerian polity.” He noted that the economic dominance of the two regions had seen them controlling a combined 94 per cent of the nation’s banking assets, 88 per cent of insurance assets, and more than 90 per cent of industrial assets. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by naijaway(m): 11:35pm On Mar 06, 2008 |
This fool needs to be replaced with immediate effect. There should be a law in Nigeria that should not allow anyone incite tribalism whether it is the president, governor, ministers, ambassadors, teachers, and every private sector and employees. The law should be strict with a wake up sentencing for instance, this mumu should be forced to quit and serve one year in jail and still pay a fine to the judical and federal government. These would not stop tribalism but it would drastically reduce it from the public and that way the newer generations still in primary and secondary schools will not be too exposed to that. This will also keep lawyers busy and help shape other loop holes but this should be a first basic. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by Blatant: 2:52pm On Mar 07, 2008 |
My grouse with this ill-educated man is the fact that he did not allude to the reasons why the North is unable to compete with the South economically. He also conveniently ignored the fact that for several years, Northerners lived on selling contract papers rather than making any meaningful contribution to the Nation State. A friend of mine rebelled and had to resign in annoyance from CBN when an NCE graduate (Mallam) was made his departmental manager several years ago - my friend is a chartered accountant. His manager actually said to him that he needed to go and learn to speak Hausa and taunted him by speaking to him in Hausa. I dont know if this can happen in Nigeria again but it happened in the mid-90s |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by MCUsman(m): 4:00pm On Mar 10, 2008 |
@ ALL It is really shameful and pathetic on southerners that despite their wealth, education and so call civilization, it is amazing that a bunch of illiterate almajiris continue to rule the country. If that is the case, they are the real azzhole pauper/zaneeba idiots. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by dayokanu(m): 5:53pm On Mar 10, 2008 |
@Usman, Then what has the north to show for several years of rule. You dont need to rule to be economically viable. The South East and her prople are prosperous but have never ruled before compare than to the North that has the poorest states in the country Yobe, Jigawa, Zamfara, Kebbi, Taraba rank very high in the poverty ratings Zamfara plans to start exporting Shariahed human part to increase earnings. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by Germannig: 6:13pm On Mar 10, 2008 |
To MC Usman The stupid southerners allowed moronic northerners to rule and the moronic northerners who thought rulership is their birthright ended up misruling big time. So who is more idiotic? Of course, those who have had the opportunity to rule and misused it. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by DRANOEL(m): 6:39pm On Mar 10, 2008 |
some of you are just daft,what the man is simply saying is that the northern region should wake up and catch up with its sourthern counterpart the whole theme of that confrence was aimed at rebranding the north economically |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by Teriba(m): 7:58pm On Mar 10, 2008 |
DRANOEL: Nice to see that we still have a balanced head among us. Many thanks, bro! |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by Kobojunkie: 8:43pm On Mar 10, 2008 |
DRANOEL: Calling people who do not see things as you do daft only reduces you to levels lower than that which you place them even in your own mind to others. The man maybe trying to make a valid point by claiming that the south west and south east control the majority of the Nigerian economy but he sure shot himself in the foot over and over with his claims. Look at these lines and try to explain to me how that relates to the issue or solving it ,
What has the situation with the economy to do with the religious disturbances in the north?? Here are points you need to keep in mind while replying to this one. 1) The supposed richest man in the country happens to be from the north and he owns stocks in so many industries , http://www.dangote-group.com/ . Looking at his company website, even he is not seriously based on the north. Is that the South's fault or maybe something wrong with the way things are handled in the north that actually drives industries to the south more than it does in the north 2) The current situation with laws up north where sharia is used to scare people into religious submission even against their own will, do you think that is caused by economic situations or does itself cripple the economic state of the north of it's own?? Many companies are afraid to move out that way cause of the unrest? what does he plan be done?? FORCE companies to move up north even with the current state of things?? A situation which has grown worse with the sharia movement?? 3) The seriously low education level up north even when it comes to finding High school grads is another issue to keep in mind. Many in the north enjoy access to free education even more than those in the south do. I remember I attended a Federal college where most all the kids from the north attended the school for free as in everything was paid for for them while those from the south had to deal with their own costs. Is this man seriously saying not much has been offered to those in the north to get educated and advanced??
During past regimes in that country, the north has enjoyed some sort of affirmative action over those in the south. If up till this decade, that has not worked, do you sincerely believe that more of that is what is needed or more of the governments up north pushing it's people to get off their behinds and embrace change is the way to go with this? The Unrest in the north did not really start in Obasanjo's time and giving the north more handouts is certainly not going to cause things to change if policies do not change and the minds of the people do not.
Given, but what is the underlying reason for this dominance I remember a couple of years ago or even over two decades ago, the idea was to move the center of commerce for the country from Lagos to Abuja and even with the rapid development of Abuja over lagos and other parts of the country, the very fact that the south still controls most of the economy only shows that policy changes is the best way to go instead of trying to FORCE things to change through silly plans. If The Insurance and banking industries seem to have a better time doing business in these places, what does that mean in all?? Other states need to figure out ways to attract business through better policies and incentives for them. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by dayokanu(m): 7:09am On Mar 11, 2008 |
Every policy that has been formulated to bridge the gap between North and South Has failed monumentally. To enter university we have normal cut off and special cut off for educationally less developed states(ELDS) meaning Uche and Ade might score 260 in UME and wont be admitted but Audu that score 214 would be admitted but has that in any way bridged the gap? |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by grafikdon: 8:35am On Mar 11, 2008 |
dayokanu: NO. |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by MCUsman(m): 9:43am On Mar 11, 2008 |
dayokanu: Yes just like (Politically less developed ) the south were allowed to rule the country as a result of power shift |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by micklplus(m): 9:59am On Mar 11, 2008 |
its pathetic to note that in 2008, our thoughts are still not been aligned with reality ! You dont promote violence in the name of "economic reform" in the north !! Its their fault if they havent developed ( economically, socially, educationally e.t.c) The northerners have always had the opportunities but, have they been able to use it They have been in government for ever and yet, they complain on anything !!!The southerners saw the opportunities and used it !!! They could have acted like MALU and turned down offer of education when it was given to them. See my ibo brothers, they are so industrious, so smart and that is bringing about positive imparts in their lives !!! see my yorubas !!! they are too cool and are always on top of their games !!!! the smartness, brilliance and education of the southerners has brought about the results we have today. Is it the southerners' fault that the only thing northerners can do is to promote jihad ?Malu will always be MALU !!! cheers |
| Re: Unity Bank CEO Says The South Controls Nigeria's Economy by moudwal(m): 2:12pm On Mar 11, 2008 |
One thing we all have to appreciate is that Nigeria, right from on set was not designed to exist as one country because we are all an entirely different kinds of people with different ideology, culture, religion e, t.c. this differences will always bring problems to us. Nigeria should be broken into three or four so that every part can take care of its self and develop with out necessarily relying on another as the case is now. at least each of all the zones of Nigeria have what it can rely on be it oil or not so that nobody blames anybody for their set back. |
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