The Financial Reporting Council Report that got Sa...

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The Financial Reporting Council Report that got Sa...: President Jonathan's decision to suspend CBN Governor, Sanusi Lamido Sanusi yesterday Feb. 20th was based on a report of the Financia...

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BRIEF HISTORY OF CORRUPTION IN NIGERIA

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 1. 1960-1966: Sir Abubakar Tafawa Balewa- no public funds stolen. 2. 1966 Major Gen. Aguyi Ironsi- no public funds stolen. 3. 1966-1975: Gen. Yakubu Gowon- little stealing of public funds began gradually. 4. 1975-1976: Gen. Murtala Muhammad- zero tolerance for corruption and indiscipline. 5. 1976-1979: Gen. Olusegun Obasanjo- Military egg heads started owning huge properties, oil Blocs running into Millions of dollars. 6. 1979-1983: Alhaji Shehu Shagari- looting galore by Ministers, party functionaries and other government big wigs. 7. 1984-1985: Major Gen. Muhammadu Buhari- zero tolerance for corruption and indiscipline. Some corrupt politicians bagged 200 years jail terms. 8. 1985-1993: Gen Ibrahim Babangida- freed all jailed politicians; liberalized the architecture. In one fell swoop about $12 Billion varnished. He is called the father of corruption. 9. 1993-1998: Gen. Sani Abacha- over $25 Billion looted in four turbulent years. 10. 1998- 1999: Gen. Abdulsal...
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Monafiki Agbalagba!

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Chief Olusegun Obasanjo was asked to tell  Nigerians what he did with 16 billion dollar on electricity power. The chief, a PhD holder asked Nigerians to read his book. Smart old man. Assuming there are a minimum of  50 million Nigerians that can avoid to buy and read his book at minimum cost of 1000 Naira, the old man would have raked in 50x10 to power 9 Naira or 50 billion Naira. Smart old business man. Can you imagine the insult to Nigerian Nation. A man who cannot give small stewardship can now be a judge of another man who stewardship is opened and clear!  Monafiki Agbalagba!
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Sokoto plans three micro finance banks, SMEs’ bill

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The Sokoto State Government says it plans to establish three micro finance banks as well as a small and medium enterprises development agency to promote entrepreneurship among the people of the state. Speaking when he received members of the Small and Medium Scale Rice Millers Association in Sokoto  Tuesday , Governor Aminu Tambuwal said the Sokoto State Small and Medium Enterprises Development Agency Bill had been presented to the state House of Assembly for passage into law. A statement by the Governor’s Chief Press Secretary, Imam Imam, on Tuesday, stated that Tambuwal gave the names of the proposed three micro finance banks as Giginya, Fodiyo and Gudale. The governor explained that there had been a decisive shift of emphasis from the “lavish capital intensive, large scale industrial projects to small and medium scale industries” because of the latter’s enormous potential for rapid and sustainable development. “Apart from their potential for ensuring a self-reliant indu...
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