We need to change. We need to become better. My party has failed in so many ways and we need to continuously apologize to Nigerians for all our years of destruction brought upon this nation. We had the chance to do better but fumbled it. 16 years yet we achieved nothing and now we shamelessly want to task another to do in 4 years what we could not do when given 4 times the number of years? Fair is fair and we are being totally unfair.

Let me run some analysis here.

If truly FG had spent N49Bn in 2yrs feeding 8.5 Million school children across the entire nation, the N900Bn bad debt AMCON said just 105 rich Nigerians have refused to pay will feed these kids from birth until they are all above 36yrs old.

None of us here are owing AMCON. These debtors are billionaires. Its time to subsidize the poor at whatever cost in Nigeria. This has been started with N-power, Conditional Cash Transfer and TraderMoni. If its not perfect, our collective priorities should be how to improve upon it.

There should be no peace in Nigeria until we are all owing AMCON. It is time to start demanding from Buharis and Osinbajo StudentsMoni & GraduatesMoni. FG must give N1Million each to all unemployed graduates. If they can't pay back, the debt should be passed to AMCON.

There wasn't a single federal direct intervention to lift the downtrodden throughout the period PDP reigned. 1999 - 2007 was an era of economic plague for the poor and OBASANJO & ATIKU were the Pharaohs. This was hidden until Yar'Adua made Sanusi CBN Governor in June 2009.

Soludo had repeatedly assured that Nigeria's banking sector is healthy until Sanusi popped the bubble in August 2009. By the time CBN removed the MD's of Oceanic, Union, Finbank, Intercontinental, Afribank, it was apparent Soludo was hidding a $2.6Billion sink hole.

At the 2010 Convocation Lecture of Bayero University, Sanusi gave grahic details of how managers of the economy between 2004 - 2007 dug the economic pit that's swallowing 88million Nigerians

Below are excerpts from his speech:

As a result of farcical financialization of d economy by rent takers in oil deals, "market capitalization of the Nigerian Stock Exchange increased by 5.3 times between 2004 and its peak in 2007, and the market capitalisation of bank stocks increased 9 times during the period."

"CEO's set up special purpose vehicles (SPV) to lend money to themselves for stock price manipulation or purchase of estates all over the world. One bank borrowed money and purchased private jets which we later discovered were registered in the name of the CEO's son."


"In another bank d management set up 100 fake companies for d purpose of perpetrating fraud. A lot of d capital supposedly raised by banks was fake capital financed from depositors fund. 30% of the share capital of intercontinental bank was purchased with customers deposits."

"Afribank used depositors funds to purchase 80% of its IPO. It paid N25 per share when the shares were trading at N11 and these shares later collapsed to under N3. The CEO of Oceanic bank controlled over 35% of the bank through SPVs borrowing customer deposits.

After Competent ATIKU and his Headmaster left us a stock market that collapsed by 70%, Sanusi said, "CBN injected N620bn of liquidity into d banking sector and replaced d leadership at 8 banks." This tap on the wrist isn't what Nigerians get when they owe microfinance banks 50K.

It was Falana that blew whistle, petitioned EFCC that Soludo diverted $7Bn from the nation's foreign reserves into 14 banks in 2006. Soludo initially denied, but later claimed twas a loan. When Falana demanded if the principal and interest was repaid, ATIKU entered voice mail.

Officially, only 350 Nigerians owe a whopping N4.3 trillion of the N5.4 trillion debt of AMCON. This is an amount more than 50 percent of the 2018 Budget for 197 million population. Apart from ARIK owing N135Billion, seeing Bellview on AMCON's list brought back sad memories.

Under a corrupt competent govt, airlines were borrowing billions and were still dropping from skies d way oranges fall from a tree. May ATIKU'S competence not kill all of you. In October 2005, Bellview Flight 210 killed all 117 people onboard, less than 5minutes after take off.

May the spirit of 491 Nigerians that died in crashes under OBJ who has teamed up again with ATIKU not rest until judgement comes upon the wicked. I imagine what will be going through the mind of parents who lost their kids in Sosoliso as they watch us glamourize ATIKU & OBJ.

For all these negligent calamities, the public persona of Nigeria's leadership then didn't offer the faintest of apology till today. It will be unpardonable for any Nigerian to have a hand in whatever arrangements that brings these two evil duo back into power. Never again!!

It began with ■ May, 2002: EAS crash killed 148 in Kano.
Later ■ October 22, 2005: Lagos Bellview crash killing 117.
Then ■ December 10, 2005: Sosoliso crash killing 108, mostly children.
Except in wars, no nation should lose its citizens back to back in sequence, in 2 months.

We thought it was over then ADC happened around Abuja in October 29, 2006 killing 97 passengers. In the thick of this disaster, OBJ and ATIKU were at each others throat, fighting over political power. They cared less as Nigerians were hungry and dying.

Buhari seem to be the most hated man in Nigeria today. Did you notice the money bags - Aliko, Femi etc dont mill around him like we saw with others? He has said "no oil license is renewable." It'll be sad if he is retrieving your country for you and you are handing it over back to those who are bent on killing it.

I belong to PDP but we are not yet ready to make a come back yet. I want us to hold on and prepare for the future. Power is transient but reputation and our image may never be retrieved from the bin of being known as corrupt and looters if we do not have the desire to change it.

With us picking Atiku and him sorrounding himself with genetically corrupt people is a wrong signal too soon to give.

Officialpdpnig:
I belong to PDP but we are not yet ready to make a come back yet. I want us to hold on and prepare for the future. Power is transient but reputation and our image may never be retrieved from the bin of being known as corrupt and looters if we do not have the desire to change it.

With us picking Atiku and him sorrounding himself with genetically corrupt people is a wrong signal too soon to give.

If you are not ashamed of the stale propaganda you keep regurgitating, what happened to your previous monikers?

3 years plus into a job which you vigorously fought for, you still blame the previous holder.

It smacks of gross incompetence, shameless & cluelessness.

You are being fired and the former guys recalled.

This nation have never had it this bad.

AskProf:


If you are not ashamed of the stale propaganda you keep regurgitating, what happened to your previous monikers?

3 years plus into a you vigorously for, you still blame the previous holder.

It smacks of gross incompetence, shameless & cluelessness.

You are being fired and the former guys recalled.

I really don't know what you are talking about. Is the truth and objectivity so hard for people to swallow?

I will not be dragged down with my party as they lie and spin tales. I am my own person too despite the support I give to them and I am entitled to speak up when needed.

Regarding when I registered has nothing to do with my message.

You claim to be a professor but analyze like a pre-school infant

Officialpdpnig:


I really don't know what you are talking about. Is the truth and objectivity so hard for people to swallow?

I will not be dragged down with my party as they lie and spin tales. I am my own person too despite the support I give to them and I am entitled to speak up when needed.

Regarding when I registered has nothing to do with my message.

You claim to be a professor but analyze like a pre-school infant

Just in: FRESH & HOT...
http://leaders.ng/exclusive-buhari-campaign-organization-fraudulently-used-pseudo-companies-bid-contracts-ministry-power-works-housing/

This is why I said you analyze like a preschool infant. I am talking about something else and you are busy posting about something else.