CBN: Only 23 banks healthy

CBN Headquarter in Abuja

Central Bank of Nigeria have declared that only 23 out of 24 Nigeria Banks are healthy. This was a fall out of her 2012 annual report release yesterday. All of the 23 banks have liquidity ratio above 30.0.
The report was however silent on the affected bank.More news as it unfolds.
More Articles: Naijalite

If Nigerians are to vote for a President on facebook

Facebook have become very iniquitous and a big “cyber real estate”.  More than 3 million Nigerians are currently  using Facebook. If Nigeria election is to be conducted on Facebook it looks like Goodluck Jonathan would have a home run. In addition he is apparently as popular worldwide as Bill Clinton among facebook users, of course he has more than 33% of Nigerians that use Facebook as Fans.

Even the Madiba may want to watch his scores with verified facebook likes of  1,932,186 compare to GEJ’s 1,119,570. Even though General Muhammadu Buhari have fierce followers on the street of Kano and Maiduguri however on the social media network, these have not impacted on his Facebook fans numbers; just about 10% of the number of GEJ fans. It maybe  true what Buhari detractor say that he is a tribal leader and more popular in the far-Northern Nigeria.

Internationally Angel Merkel would be green with envy with the volume of fans GEJ have. She may be  wondering why she a leader of one of the World Power bloc could not command such a verified face book like- just 418,222.

Forget Nigeria entertainment Stars! Even though some students would delay purchase of their stipulated handouts and would rather go for their shows. Most of them do not have fans like Mr President. Forget those non-verified fan likes. But Jolade Einkede did it, she is almost as popular as Mr President world-wide but Nigerians at home would rather care about the man in Abuja.

However the Presidency would have to watch Tope Alabi, Kokomaster,Wiz-Kid and Don Jazzy with 523 954,456,186 ,452,950 and 447,947 fans respectively. If it is based on popularity one of them should be given a ministerial slot.

President Goodluck Jonathan By World Economic Forum (Flickr: De-risking Africa: Goodluck Ebele Jonathan)
CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Wondering why Nigeria would vilify the president on one hand but click the facebook like button on the other hand is intriguing. It is near impossible it is the Federal Civil Servants that have been sent a “powerful memo” to accomplish the task. Some may be suspecting that since he had 17,892 fans on facebook in Oct 2011, but as he aged in Presidency is facebook fans figure blossom.

But GEJ would definitely fear the Man of God in Lagos-Pastor Adeboye not just because he has direct access to God but also because with one word or directive on his face book he would reach as much people as  Mr President. 

Assignment: Check  out how many of your friend like GEJ fan page. 

Note verified fans was used for this analysis instead of gross fans which on social media atimes does not reflect reality http://www.socialbakers.com/facebook-pages/nigeria/

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• Global Position,Ranking and Rating of Nigeria
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Quiz on Nigeria-1

Nigerians Scrammer runs Obamacare-Ted Cruz

Ted Cruz
Source:Gage Skidmore [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

Ted Cruz have made a  joking remark about Nigerian scrammers at Houston gathering yesterday. Verbatim he said  "Have you all noticed, you know the Nigerian email scammers? They've been a lot less active lately, because they've all been hired to run the Obamacare websites,"
This statement have drawn ire of the Nigerian community in Houston and have continue to draw attention of Nigerians online.

Global Position,Ranking and Rating of Nigeria

If Nigeria is to be a student in a class containing various countries of the World, below would be Page 1 of her Report card for 2013 when access on 29 various indices.
Page 1 of the Report Card.

 And below would be the Page 2

Five New Governors shall join us-New PDP boast

Like the proverbial cat with seven lives the leadership of the breakaway Peoples Democratic Party (nPDP) seem not to be daunted. They  have said that  it has accepted the court order barring the group, but will not cease fire with their old bandwagon.

Alhaji Abubakar Baraje,national chairman of the breakaway group , summoned all the seven governors and
other stakeholders  of the splinter PDP to emergency meeting to discuss further strategy and the way forward.

At the Emergency meeting  they hope to  deliberate how five new governors that joined them would be received.

Another scandal for Aviation Minister!

Double dilemma for the embattled Aviation Minister-Stella Oduah, as Sahara Reporter  have reported that another agency- under her control have bought 4 Stretch limos in addition to Toyota Tundra her in June 2013. Although the report is unconfirmed officially, it may worsen her public perception and her Ministry as corrupt laden.
Although the cars is said to be meant for VIPs, the official position of the Aviation ministry is awaited to diffuse this present scandal.

Memorable Quotes by Past Nigeria Leaders on Poverty

Ibrahim Babangida

"The work of Nigeria is not complete for as long as there is any one Nigerian who goes to bed on empty stomach"

Ibrahim Babangida (Global Thinking, Local Insight - Visionary Approach

IBB’s leadership vision and hopes for the future of Nigeria, 2002 available at www.babangida.com)

Reply: Nigerians still remember SAP, many became hungry with SAP,infact very hungry.

Olusegun Obasanjo

"Nigeria has no business with poverty. With our human and material resources, we shall strive to eradicate poverty from our country"

Olusegun Obasanjo (Let's Re-Build Together being Text of an Acceptance Speech as a Presidential Nominee of the Peoples Democratic Party by Olusegun Obasanjo, Jos, Plateau State Monday, February 15, 1999)

Reply: Baba, poverty no go o!

The 4 trillion naira cost of Aviation Minister’s cars

                                                                      Princess Stella Oduah-Ogiemwonyi

                                       Source: By Nnabros (Own work) [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

There are many factors to be considered for every decisions to be taken especially  when such action, inaction or mis-action has impact on people in your immediate circle.

Most actions do, the outcome of our actions have impact on more than one individual immediately or at a latter time. Certain categories of people who have greater impact are people in the leadership position in it various forms.

The miscalculation of any leader can have a devastating outcome. Therefore action or inaction should be weighed very well. Political decisions can be legal but unnecessary, it may be necessary but not expedient, normal but expensive and legal but economically unjustifiable.

Princess Stella Oduah-Ogiemwonyi, the Aviation Minister last week made a procurement of 2 expensive armored vehicles. The minister in one sweep bought what many LGAs in Nigeria try to accommodate in their annual budget they would only be left with kobos as change.

She has justified it that she has many apparent enemies which the armoured vehicle would protect her from. Her tribe men and women have rose to her support, it is a usual thing in Nigeria. Bode George had a rousing welcome from prison after stealing common patrimony ,Al Mustapha was welcome with large crowd in Kano even though many Yorubas have the feeling he has kill one of their own.

Our dear 51years old Princess have presided over the purchase of adult play toy which have been delivered. But one thing is that there is a futuristic cost of her action and opportunity cost of such action. But the 255million naira can be used for many things even in the Aviation Sector. If the same amount of money was to be invested in a viable government undertaking, at a conservative return rate of 10% annually and roll over for the next 30 years.

In the next 10years, when the beautiful Princess should be 61years of age and PDP maybe out of power then and out of scheme at the centre that money should have compounded into at least 600million naira, when she is 71years same must have turned into 1.8trillion naira and by the time she is 81years the money must have transformed with  abundant “fresh air” to more than 4 trillion naira that is close to the present Nigeria annually budget. Those armored vehicles would have been in antique collector junkyard by then anyway.

So much for luxurious moving steels for the Princess.

Concierge Auctions to Sell Michael Jordan's 56,000-square-foot Highland Park Estate to the Highest Bidder During a Live Auction on November 22nd

Concierge Auctions to Sell Michael Jordan's 56,000-square-foot Highland Park Estate to the Highest Bidder During a Live Auction on November 22nd

Parents Are The Best Driving Coaches

10 Reasons why Nigeria should not break up

• ·        We have paid prize for unity through a bloody Civil War where about 3million Nigerians lost their lives. This was a conflict to keep Nigeria one fought over a period that could have been invested to make Nigeria better.
• ·        Nigeria in the present state is the sleeping giant of Africa and black race. 0ne out of every four blacks, so also on-seventh of African population  is a Nigeria making her population to be an asset. Lagos alone is one of the world largest city with bigger population that Benin and Togo. The economic potential is enormous.
• ·        We have started although slowly and on a tortuous path in a journey to World prominence and possible dominance. Any act that stalls that does not necessarily guarantee any part taking off soonest.
• ·        The breakaway parts might never get to the level Nigeria, she is at the present no matter how bad it is. None of the USSR fragment have reach the zenith of USSR days. Breakaway   Bangladesh and Pakistan are neither here or there. In fact Pakistan have become a hotbed of exportable fundamentalism after both nation broke away from India. So if certain part of Nigeria break away what is the guarantee that Far North would not concentrate there strife and make it exportable to it breakaway neighbours.
• ·        The diversity- The diversity is enormous with over 250 tribes with her unique culture and traditions.  There is also diversity of natural resources which when properly harness can make the Nigeria a power house of economic development.
• ·        Our leaders since democracy are drawn from most tribes and tongues in Nigeria, have any part demonstrated greater restraint in stealing our common patrimony. So if we break in many part we shall all part with our portion of thief, villains and essentially non visionary political class.
• ·        If Nigeria would break, into how many pieces? Not into 3 parts where the presently the dominant tribes are calling shot i.e the ex- regions-North, West and East. Various antecedents have pointed to the fact that if Nigeria would break it would into not less than 10 mini nations with sub parts of these number in the trench agitating for their own Nation. Thus it is better it does not happen in the first place. North is never going to go as one Nation; the Fulani would want to continue their fore-bearer heritage of dominance of one North. The Middle Belt tribe would never accept the concept of one North, Plateau State is sign what would happen. It is even in doubt whether the Eggon and Alago in Nassarawa State will want to be in one Nation. The Middle Belt region may be a theater of War. How would the question of Old Ilorin Province, consisting of Offa be addressed, would North want a predominant Yoruba area as a part of it new nation. It is even in doubt if the Kanuris would want to be with the Hausa/Fulani ,religious affiliation notwithstanding!
• ·        So much years have been spent as a nation not from 1960 when we attained independence but 1914 when we became one entity, one nation. That is a long years of investment in Nation building. 100 years have gone in Nation building, resources have one part of the country have been used for another thus such output have become common resources.
• ·        The big brother of Africa would be gone with present smaller brothers becoming “Big brothers”.
• ·        A breakup would turn many peace home of inter-tribal homes to foreigner inter-marriage with it attending problems.

Certainly it would be better for Nigeria to solve her problem together; get rid of the common thief, chase away the common vision-less leaders and pursue a common bright destiny together.

Note for redistribution: This article can be redistribute on other blogs  once a active backlink to this page is added below the republished article.10 Reasons why Nigeria should not break up

Lagos can be better

Old view of Lagos.How much things have changed! Although it could have been better  with  32 years  as  Federal capital of Nigeria post independently. What it needs is imagination and political will. Apparently Lagos state have had some fine Governors, BRF inclusive there would be need for more proactive and great leaders as the Governor of Lagos continuously.

Lagosians are waiting for a Government that can turn the place to better than  what is shown below not just in Lekki or Victoria Island but in Shaha, Egbeda, Magodo, Isheri

   

The beautiful skyline of Bangkok.

                                     Courtesy of  samarttiw/freedigitalphoto.net

Today in the Papers

National dialogue There’s Plot to Divide North - Gov Aliyu

Sunday Trust

Akpabio emerges African Youth Man of the Year Sunday Trust

We will publish names of banks’ debtors –Sanusi Punch

INEC declaration: Fresh crisis hits PDP Punch

With Debt Ceiling Looming, Focus Shifts to Senate  New York Times

No problem settling down in Turkey –Azuka  Punch

Partitioning of Africa of 1884-1885

Graphic painting of Berlin Conference(also known as Congo Conference or West African Conference)

 1884-1885, where African lands was 'partitioned' into countries, various tribes and existing nations 

where merged into new nations. A deed without any African  input. Image courtesy 

of: commons.wikimedia.org

Femi Fani-Kayode with Chief  Obasanjo(Former Nigeria President)

IN THE NEWS TODAY

POLITICAL

Associated Airline crash and a harvest of conflicting reports PUNCH

Asari-Dokubo establishes own university PUNCH

Lagos set to turn vast trash into power WEEKLY TRUST

INTERNATIONAL

Who Will Be the World’s First Trillionaire? YAHOO FINANCE

Netanyahu Takes a Lonely Stance Denouncing Iran INTERNATIONAL HERALD TRIBUNE

SPORTS

All Ivoirians share World Cup dream – Lamouchi PUNCH

Battle of Addis Ababa: We don’t need extra bonus to beat Ethiopia, declares Ameobi VANGUARD

TODAY IN NIGERIAN NEWSPAPERS

POLITICS

Rebel governors, others suffer double setback. PUNCH

Boy,9, becomes Nigeria’s youngest Microsoft certified professional. PUNCH

Schools merger: CAN gives Aregbesola 7-day ultimatum. - VANGUARD

FG fights to recover N39bn Abacha loot from Liechtenstein. VANGUARD

SPORTS

Eagles storm Addis Ababa tomorrow morning. VANGUARD

In the News Today

• Solomon Lar, former PDP chairman is dead. Punch Newspaper,  Vanguard  
• Court remand 5 over death of doctor Daily Trust 
• Senators want the resignation of Avation Minister Daily Trust 

Lessons From a Nigerian Entrepreneurial Queen

Lessons From a Nigerian Entrepreneurial Queen (463) (NewsUSA) - President Barack Obama's second inauguration, so serendipitously held on the birthday of Martin Luther King Jr., wasn't just a transcendental moment for Americans. The day resonated for thousands, but for Nigerian noblewoman, economist, and banker, The Otunba Ayora, Bola Kuforiji-Olubi, it was magic, instructive -- a beautiful experience. "Coming for the second inauguration ceremony of President Obama opened my eyes to see some things that [Nigeria] can invite from your electoral system. There was no acrimony, no fight, no rancor," Dr. Olubi explained. It sparked a surreal visit to the U.S. Dr. Olubi, who was born in 1936 and held office as Nigeria's minister for commerce and tourism in 1993, has achieved more "firsts" than most people can imagine. She is an entrepreneurial spirit and a resilient woman of fervent ambition. Dr. Olubi's trip held a series of heart-warming highlights. Her and her eldest son, Tokunbo Kuforiji, felt blessed to speak at length with Supreme Court Justice Clarence Thomas and delighted in a private tour of Johns Hopkins University Hospital by their own director of pediatric neurosurgery, Dr. Benjamin S. Carson. But the 77-year-old -- a queen in her own right -- had her own chance to inspire. She moved an audience to tears as the featured speaker at a reception for the freshly-minted senator from South Carolina, Tim Scott. "She is a woman of firsts; meeting her is a wonderful thrill and honor for me, and for everyone else she has encountered on this visit to our country," said Scott, praising Dr. Olubi's exemplary career. The Otunba Ayora was the first female chairperson of United Bank for Africa. She also sat on sustainable development advisory boards for the UN, became the first Nigerian female CEO of a multinational company, and the first female president of the Institute of Chartered Accountants of Nigeria. "I wanted to have an edge over the person sitting next to me," says Dr. Bola. "I'm proud of the fact that in most of the things I've done, I've been well-educated to equip myself. Having a combination of economics and finance has equipped me to be able to work and function properly in the private sector in business and also in the public sector." In an effort to strengthen the presence of Nigerian women in business, Dr. Olubi helped found the Society of Women Accountants of Nigeria. "I pride myself on being a person that is able to juggle several balls in the air at the same time. It takes a lot of hard work, a lot of diligence," says Olubi. "And you have to make sure your home front doesn't suffer much, and your work is such that your peers, your superiors, your colleagues, are all seeing you in a positive light."

NEWS TODAY

NEW TODAY

NEW TODAY

Why would health workers in Nigeria continue to strike?

Wikipedia simply described strike as  work stoppage caused by the mass refusal of employees to work.

Historically strike as a weapon for seeking redress for labour grievance became common during the Industrial revolution.

This line of action has becoming a common tool for resolving labour dispute among Nigeria labour force without only one variant –general strike being popular and arguably the worst. The health workers have not been left out of this even though the moral expectation would have dictated otherwise.

For various reasons health workers bordering on the nature of work of the health most people would not encourage or expect them to use strike to settle labour dispute. Such include the fact they deal with human lives and  is an essential service. However, they are labourers who have sacrifice so much to attain their level of technical competence especially doctors and their income is tie to their hard earned technical competence and not the priests of the old they are bond to behalf like a other workers. They are human being too!

But why would health workers in Nigeria continue to strike?

• The Government which employs most them appears to be insensitive to their need.In some locations across the country, Government own as much as 98% of the Primary Health Centres. Strike is the last weapon by any reasonable set of worker. Apparently it very uncommon to have strike with this set of workers without notice to the Nigerian Government. But the general attitude of  the Government lean towards in action until the workers really embark on strike. The Government as a contracting partner have a right to prevent the strike in the first place in most of the cases.

• To get improvements where they work in the presently shattered health system. Obviously the Government is not ready for a change due to the obvious deficit in the Health system financing in Nigeria. For example most PHC facilities are in various level of disrepair, with equipment and infrastructure being either absent or obsolete, the referral system is almost non-existent and poorly staffed.  The total health expenditure ( as percentage of the gross domestic product (GDP) from 1998 to 2000 was less than 5%, which is below THE/GDP ratio in other developing countries such as Kenya (5.3%), Zambia (6.2%), Tanzania (6.8%), Malawi (7.2%), and South Africa (7.5%).It is not surprising there is persistent healthcare infrastructural deficit which would continuously be irking the health workers.

• For more money; CONMESS and CONHESS was about that. And as inflation which would surely come like day and night as the Earth remains eroding the present negotiated packages they would ask for more and more in the future.

But should it always be like this!

More articles at NAIJALITE

12 THINGS YOU SHOULD KNOW ABOUT EMBRAER THAT CRASH AGAGU'S DEAD BODY

   

• The aircraft is EMB 120RT model with capacity for  20-30 passengers.
• It is twin-turboprop commuter airliner
• It is made by  a Brazilian aerospace conglomerate called  EMBRAER S.A(Embraer-Empresa Brasileira de Aeronautica) that produces commercial, military, and executive aircraft and provides aeronautical servicess founded in 1969.
• The manufacturer was initially owned by Brazilian Government until it was privatised.
• Serial production of  EMB 120RT ended in 2001 and as much as 300 may have been produced.
• .
• Associated Airline is the only airline in Nigeria that uses it for commercial services
• The airline firm have 4  Embraer EMB 120 Brasilia out of her 9 aircraft.
• Between 1986 and now there have not being less than 15 air crash associated with the company products with at least 4 by the same brand worldwide.
• EMB 120 has killed more than 120 people since 1987.
• Each cost account about  1.4billion - 1.76billion naira(8,500,000–11,000,000 USD)
• This is the first crash of the aircraft model in Nigeria
• The ill-fated flight was Number 631