you have been big on examples

give us one

And please Kobojunkie, do not pick and choose what to reply

Answer the issues I raised earlier or surrender in silence

toyinrayo

Quote from: ikeyman00 on April 07, 2009, 08:41 AM
becomerich is such a y^^^^^^ tribalistic slowpoke


Pot calling kettle black.

hmmm u dnt sound nigerian anway, i swear u sound like ghanaian

u grow up in ghana me right?

@mikeansy, I only recall asking a simple question. Did you answer my question in all of your rambling that you supposedly addressed to me[b]?[/b] Or did you instead choose to attack my person for asking a posing such a simple question[b]?[/b] Which one? I am confused here as to why I am supposed to answer you when you have instead tried to make this thread about my person in your response. If you have no sensible response, then I suggest you ignore my posts and I will ignore yours as well cause after almost 2 years on here, I get it is so not worth it trying to get people who are just here to waste everyone else's time, to learn how to better communicate and engage in debates without rushing to attack your person at every corner.

Ignorance is not bliss . . . If you need proof, look at all of Africa for all the proof you need.

Why should it be up to u to ask questions to others

why cant u answer mine? oh because you are a moderator on nairaland?

it is what it is, please answer the few questions below.

mikeansy:

Could you give us other ideas of what you think can be done?

What is more fundamental to a CBN Governors job than ensuring there are healthy banks? and going by the law of relativity tell me what other CBN Governor in Nigeria you would say in his time given the situation performed better than Soludo?

I agree with those who call u a closet tribalist. If this was Fashola we wont hear anything else, the last time I checked Lagos is yet to become New York.

We dont need all this drama to replace a CBN governor, Yar'adua should name a new CBN Governor to take over from Soludo when his tenure ends that is what an effective leader does.

And Kobo, if you may suggest who you think is better at the job at this time. If you can't, then you are criticising for the sake of it.

@outlukbabe

It was not only soludo that said at the inception of the melt down that Nigerian economy is not vulnerable.
at least 2 international investment companies, one in London the other in the US said that Nigeria was at then one of the safest markets to invest in which was why i left the money I invested in NSE. I have lost over 70% of that.

Markets have dynamics. A scientist can only work with the indicators and variables available to him at a particular point in time when predicting the furture economic outlook.

Many experts got it wrong based on what was on ground.  cut him some slack.

@kobo
You better forget about EFCC(Executive friends of Condemned Criminals) These are guys who want to let Ibori off the hook by all means.
If you have the time read the first articles in this link

May be you will reduce your confidence you once had in EFCC.

is your economy good. according to soludo, the economy he is controlling is in a bad sharpe. That means another person should come in. $1  to N200  if that is good economy. I have nothing against soludo , i think he did is best, but it should not come back. 6 years is too long to have soludo back. I am sorry soludo , i need to speak the truth now. it would be 12 years if you return. Resign before they disgrace you. And quickly buy air ticket to london. I hear those EFCC may be after you. send resignation letter from outside the country. No let them caught you. Naija prison no good. Old boy run my friend , i mean run before they caught you.

To out look babe,when you criticise soludo,use the facts and recommend what should have been done and dont only
point out problems because Nigeria needs solutions now

1) Obj did a good job in selecting an economic team to steer this country Nigeria
2) Soludo consolidated our banks and good enough he did it because they would have vapourised in the global crisis had he not
3) coming out to say Nigeria is immune doesnt imply that the stock market wont experince "Panic buying in the stock markets"
   basically that assessment is made because our economy is not linked with the west
4) change soludo for someone better,that will be okay for Nigeria if not i pity this country
5) privatisation is the way forward,probably only in the dynamic Nigerian scenario will it have K-leg
6) Soludo is not the president of Nigeria and asuch doesnt have a free role in executing all his policies to work out as planned
7) I give him a score of 85% which is an excellent score compared with the 55% i would give many former CBN Governors

Somebody please help me.i do ot know how to start a topic, i am new to nairaland. sorryihad to do it this way

Nigeria with a population only have 25 banks. the USA with 300 have more than 1000. Why?

you have to have more banks. it spread wealth. what soludo did was put nigeria money in the hands of few.  Which is wrong in economy. it does not make the economy grow. you want to spread the money in many hands. we need at least 15 more licence banks. it create jobs. we need at least 40 banks, it force the bank to fight for your money.

The stock exchange  crash during soludo era

More people lost thier job in the finance sector than any time in history.

Soludo era also saw  $1 to N200 the worst in nigeria history.

Worst time in manufacturing sector.

Worst time ever in the history of nigeria in term of economy, this is why nigerian are complain about yar adua govt. the economy.

12 years is too much for soludo. even Yar adua would not get 12 years.

Insert Quote
Nigeria with a population only have 25 banks. the USA with 300 have more than 1000. Why?

you have to have more banks. it spread wealth. what soludo did was put nigeria money in the hands of few. Which is wrong in economy. it does not make the economy grow. you want to spread the money in many hands. we need at least 15 more licence banks. it create jobs. we need at least 40 banks, it force the bank to fight for your money.

The stock exchange crash during soludo era

More people lost thier job in the finance sector than any time in history.

Soludo era also saw $1 to N200 the worst in nigeria history.

Worst time in manufacturing sector.

Worst time ever in the history of nigeria in term of economy, this is why nigerian are complain about yar adua govt. the economy.

12 years is too much for soludo. even Yar adua would not get 12 years,

Abeg go siddon for gutter!Wetin concern soludo and this one.

@kobo
You better forget about EFCC(Executive friends of Condemned Criminals) These are guys who want to let Ibori off the hook by all means.
If you have the time read the first articles in this link

May be you will reduce your confidence you once had in EFCC.

I really think it is terrible that the EFCC has chosen to do such, but I believe in miracles. lol 

If there is anything we need more of, in that country, it is some sort of task force to monitor public servants, ensure they get their job done and also keep them accountable to their employers. Like I have mentioned from beginning, I am not conversant with what soludo has done up till now, but considering the much I have heard of what the man may be involved in, up till now, I really think it would be a good idea to have him investigated, along with many others that have been named.

I know it is customary for us Nigerians to assume there is a conspiracy when our personal hero(es) are demoted or removed from office; we assume all those involved, in the making such a decision ,did so out of BAD BELLE for our mini god, but I do wonder if that is the case in all situations. I mean we already have people concluding that should Soludo be let go, it will be because Yar adua has never liked the man or has always wanted him out or something.

I really wish we could be more objective in the way we approach these things. Following all the rumours, I seriously feel the man should at least be investigated either to clear his name and open the books more so we are better able to understand what happens next.

[size=13pt]Why Charles Soludo lost the VP Slot     [/size]   
Written by Jonathan Elendu
Monday, 15 January 2007 



http://elendureports.com/index.php?option=com_content&task=view&id=336&Itemid=33


Charles Soludo, the Governor of Central Bank of Nigeria is not a happy man. Unknown to many Nigerians, Soludo is one of the biggest losers in the December primaries of the Peoples Democratic Party (PDP). According to multiple sources at the Presidency, the Central Bank Governor had been promised the Vice Presidential slot for the 2007 elections by Pres. Olusegun Obasanjo.

 


 
The lame-duck President, according to our sources, had told his trusted aide, AndyUba, that he wanted an Igbo man to be the next Vice President of Nigeria. Uba is said to have suggested Soludo, whom he believed would continue the President’s reform policies. The President, thereafter, invited Charles Soludo and told him to prepare as he was going to be the running mate to whoever emerged as the PDP presidential candidate.

   
Everything seemed to be working in Soludo’s favor. In appreciation to Andy Uba, who is running for governor of Anambra State on the platform of PDP, Charles Soludo gave eighty million naira (N80,000,000) to delegates who voted in the Anambra PDP primaries. This ensured that Andy, who had already been promised the governorship of Anambra State, cleared the final hurdles in his way.

   
Reports, including some prepared by security agencies, started filtering to Pres. Olusegun Obasanjo that Charles Soludo had started acting like an emperor. He is said to have spent millions of naira to make clothes of the different tribes in Nigeria. He also engaged the services of a make-up artist to take care of him before leaving the house. According to the reports, Soludo also started throwing his weight around. According to one source, “Soludo started acting like the Vice President of Nigeria from Central Bank quarters.”

   
As a matter of fact, the Governor of the Central Bank of Nigeria goes to work in a larger convoy than the Vice President of Nigeria, according to out investigations. In the CBN Governor’s convoy are at least three Sport Utility Vehicles (SUV’s) commonly referred to as Jeeps in Nigeria. There are also motorcycle outriders, a bullion van and other vehicles.

   
During the last Christmas and New Year celebrations, some Anambra people complained that Soludo’s convoy was driving them off the roads of Anambra. A top government official told Elendureports.com recently, “Our people feared that Soludo had become another Chris Uba. The only difference is that the man spoke better English. It saddens a lot of us who claim to have gone to school that a man like Soludo would suddenly go crazy with power.”

   
Pres. Olusegun Obasanjo, according to presidency sources, invited Charles Soludo and told him he would not be getting the Vice Presidential ticket of the PDP. The President is said to have promised to ensure that Soludo is retained as Central Bank Governor by the next President.

   
Shortly after this meeting, the President summoned Andy Uba and asked him to run as a Vice Presidential candidate of the PDP. Andy, according to our source, is said to have protested and told the President that he was more interested in the governorship of Anambra State. The President dismissed him thus: “You go be boy-boy all your life? Anyway, Vice President na boy-boy position.”

   
Meanwhile, Charles Soludo is said to have been complaining to everybody that Andy Uba denied him the opportunity to run for the office of Vice President. According to an eyewitness account, Soludo complained to a top northern politician that Andy got in his way of becoming the next Vice President. The northern politician told Soludo, “But it is Andy who told the President to offer you that position in the first place.”

   
The pertinent question here is: How did Charles Soludo, a member of the President’s transformation team and a man not known to have a history of wealth, earn eighty million naira (N80,000,000) which he invested in Andy Uba’s gubernatorial race? When the law permit the Central Bank Governor to use sirens and outriders? Why has nobody, including the President, called Soludo to order

@poster,

In all fairness, Charles Soludo is not the cause of the Economic Crisis in the country. Though he erred in telling Nigerians that our economy is insulated from the Global Crisis.  At least, today we have strong banks and we can put our money in the Banks and sleep with our two eyes closed.

For the stock market, it fell naturally.  How do you expect a nation that depends solely on oil. We do not produce anything presently and you expect our economy to be buoyant? Is the oil prices not falling? So it means, the money we make before will drop too. And most importantly, investors ran with their money because they were not sure of what will happen in nigeria politically. And the little money we have now, is being siphoned by the selfish politicians. Imagine how they all live. Actually, there are so many things that led to our present state.

We just need to pray for God to give us good leaders. That is why everyone is suffering.

Our politicians are our major enemy.

If Yar'Adua decides to do away with him (all well and good, no man is indispensable), he should ensure he replaces him with a competent hand or else, we will all have our self to blame.

@Kobojunkie

What? @Asha. I am serious. Over here in the states, you know too well that any such news on leaders results almost always in some sort of investigation. It seems to be that the major reason why you are for him is because he is from your tribe. I do not care what tribe he is from though.

There has been way too many allegations against this man and I think he ought to be investigated, if for anything, at least to clear his name or something so we can all get some truth. If however found guilty, we need to know so we can better decide what to do next. I don't care if you are the pope, but the minute you steal from me, you are a thief and ought to be punished for your crime.

@kobojunkie

It has nothing to do with tribe.I just have not heard this story before.The one i have heard is him gearing to become governor of anambra state.

Like I said, there seems to be way too many allegations out there and hence the reason why I feel strongly that he ought to be investigated by now. I mean it out to be normal that these officials be monitored at all times.

Like I said, there seems to be way too many allegations out there and hence the reason why I feel strongly that he ought to be investigated by now. I mean it out to be normal that these officials be monitored at all times.

And who will do it?EFCC?The body that wants to release ibori by all means?Think again.

well, would you rather we have no investigation at all ? Would you rather we throw our hands up and continue to push potential thieves as heroes in our society, while our children watch and learn to repeat our mistakes during their own time? Would you rather we allow the known thieves continue pillaging then because of EFCC-Ibori issue? Is that the best way to deal?

well, would you rather we have no investigation at all ? Would you rather we throw our hands up and continue to push potential thieves as heroes in our society, while our children watch and learn to repeat our mistakes during their own time? Would you rather we allow the known thieves continue pillaging then because of EFCC-Ibori issue? Is that the best way to deal?

The problem is that the bodies we are hoping to do the investigastion are themselves corrupt.

asha 80:

The problem is that the bodies we are hoping to do the investigastion are themselves corrupt.

unfortunately!

@Kobojokie,

Our country (Nigeria) is in deep shit!!!!!!

Soludo happens to have been the CBN governor when the price of our oil rose to the rooftop. He rode the waves of the oil boom. They showered him with all sort of useless awards and he started seeing himself as a genius. The oil bubble has busted but his supporters are saying that our economic crisis is not the fault of King Soludo but that of the worldwide financial crisis. The contradiction in their position is shouting hard to be noticed.

Talking about his bank consolidation, we now have banks (substantially money laundering outfits) that we cannot afford to allow to fail because of the resulting systemic effect on the rest of the economy. But the reality is that today many of the consolidated banks are on life support (technically dead). They are still kept alive by their unlimited access to loans from the CBN.

Soludo has outlived his usefulness. He need to be replaced with a more competent person.

Sorry oh. Soludo supporters I am neither Yoruba nor Hausa.

He need to be replaced with a more competent person.

the next apointment will shock us all . that person will be an almighty waste of space person . you watch we are in dooms land, already.

Quote
He need to be replaced with a more competent person.

the next apointment will shock us all . that person will be an almighty waste of space person . you watch we are in dooms land, already.

Sad, very sad.

Soludo is not in elected office, he has no supporters

all we are saying is replace the man pure and simple, there is no need demonising him

For u Honda, I challenge u to name a former Nigerian CBN Governor better than Soludo.

As Christopher Kolade said "We have a curious allergy against achievers".

Honda29:


Soludo has outlived his usefulness. He need to be replaced with a more competent person.

The problem is not replacing Soludo. I for one do not believe one person should stay too long in power. It makes him/her complacent. However, this govt has shown that it is not a serious govt and is only interested in filling positions with the president's family and croonies especially failed ex-governors. FCT, NNPC, Education Ministry, etc. That is where my fear lies. Remove Soludo and replace him with who? At least we know Soludohas got the brains even though he decides when to use it or not however, we know the person coming has no knowledge of what to do. Or do we wait and see?

God save Nigeria

I do not see anything wrong with replacing him with whoever the president deems fit. We would not have known of Soludo's competence if he was never appointed and a government office is nobody's inheritance. Why not let him go in peace instead of turning the situation into a tribal war after all, all we hear are speculations and not formal declarations from the presidency.

@adconlie*

This fight is really not about Soludo's performance its about depleting "our national reserve" cloaked  in tribalism. Yar'dua wants to share the national reverve with his kinsmen and PDP chietains. Soludo seems to be a stumbling block to that idea. Oil money has dwindled ,so the national reserve is the best place to steal from.

.
Bros u just hit d nail on the head.u just talk my mind.especially with the last sentence

oil money has dwindled,so the national reserve is the best place to steal money

.

---

Nigeria is dead!May God grant us the fortitude to bear the loss, Amen.

deols:

I do not see anything wrong with replacing him with whoever the president deems fit. We would not have known of Soludo's competence if he was never appointed and a government office is nobody's inheritance. Why not let him go in peace instead of turning the situation into a tribal war after all, all we hear are speculations and not formal declarations from the presidency.

deols,

I really really want to share your optimism. Like I said, Im not in support of anyone sitting on a position perpetually. However, we have seen Yaradua's game. The regime that brought in Soludo had technocrats. Yaradua has other agenda. I can list out key positions he has put people with no competence at all. Its not about tribe. I really don't mind if they are from one part of the country as long as they do the work. Its about competense.

This fight is really not about Soludo's performance its about depleting "our national reserve" cloaked in tribalism. Yar'dua wants to share the national reverve with his kinsmen and PDP chietains. Soludo seems to be a stumbling block to that idea. Oil money has dwindled ,so the national reserve is the best place to steal from.
.

My oh my, what a shot? it has torn the net. How did I miss this? I did not even remember this angle. I remember that when they intensified the campaign to remove him was when he advised them against sharing the excess crude money telling them that it would depreciate naira. He also told them that from history, after oil boom there is always a burst. Which is why the exces crude account should have been kept in tact for the rainy day. But it fell on deaf ears. They never wanted to listen. The burst followed less than a a year after his predction. I hope those calling for his head will remember this.

@kobo,

I am for any credible investigation into whatever he has done. If found guilty, send him to kirikiri. However, i know that the same people looking for his removal had conjured an investigation in the past and they have refused to make public their finding. All we hear is onion news of how corrupt they found him to be. I doubt that the north would keep silent if they had found anything incriminating.

agabaI23:

@kobo,
I am for any credible investigation into whatever he has done. If found guilty, send him to kirikiri. However, i know that the same people looking for his removal had conjured an investigation in the past and they have refused to make public their finding. All we hear is onion news of how corrupt they found him to be. I doubt that the north would keep silent if they had found anything incriminating.

Like I stated earlier, it posted earlier. It is quite unfortunate that those we expect to conduct the investigation happen to be somewhat corrupt but that does not stop the fact that an investigation is needed into this. I mean it is long overdue.

What can you say about the AFC investigation? Based on the present clamour for his removal from the northern Oligarchy.

What do you think is holding them from releasing the result of the investigation if it is damning as they claimed?
Why did they have to resort to elndu report and sahara to publish their finding?

I was thinking that this is the right time to nail him using the report? But they have kept the public in the dark.

Too many questions!