GEN. MUHAMMADU BUHARI, GCFR - FORMER MILITARY RULER AND CPC PRESIDENTIAL FLAGBEARER

Major-General Muhammadu Buhari (Rtd) distinguished Nigerian, Grand Commander of the Federal Republic of Nigeria (GCFR), the Nigerian Armed Forces Services Star medallist, Doctor of Laws Honoris Causa, of the University of Calabar, Benue State University and Enugu State University, Doctor of Letters, University of Ilorin and Doctor of Science, Abubakar Tafawa Balewa University, Bauchi. He is an accomplished soldier, a level-headed Statesman, a trustworthy administrator. He has served as Military Governor of the then North-Eastern State, Federal Minister of Petroleum Resources, and Pioneer Chairman of the Nigeria National Petroleum Corporation and as Head of State of the Federal Republic of Nigeria.

Nigeria has known many military leaders, but few have had his foresight; fewer indeed, have been as straightforward, as shrewd, as introspective, as peaceful and in the end as quiet, as placid and as respected as General (Dr) Muhammadu Buhari. Some people are born great; others have greatness thrust upon them. Some become great by dint of hard work, discipline, honesty, purposefulness and trust in God. Buhari achieved greatness by this route. General Buhari was born on December 17, 1942, in the town of Daura in the former Katsina province of the then Northern Nigeria.

He went to Primary School in Daura and Mai’adua from 1948 – 1952, before proceeding to Katsina middle School in 1953. He attended the Katsina Provincial Secondary School (now Government College Katsina) from 1956 – 1961. On graduation from Secondary School in 1961, the young Buhari went to the Nigerian Military Training School, Kaduna in 1963.
In October of the same year, he was sent to the officers’ Cadet School in Aldershot in the United Kingdom and was thereafter commissioned Second Lieutenant in 1963 and posted to the 2nd Infantry Battalion, Abeokuta as Platoon Commander in 1963. A contemporary of his in Aldershot said he was like “an only pebble in the beach, a star in his calm and calculating disposition.”

It was at the Abeokuta Garrison that the real traits of a great soldier were identified in the young man. From 1963 – 1964 he was sent for further training on the Platoon Commanders’ Course at the Nigerian Military College, Kaduna. In 1965, he went for the Mechanical Transport Officers’ Course at the Army Mechanical Transport School in Borden, England. He went to the Defence Services’ Staff College, Wellington, India in 1973 and to the United States Army War College from June 1979 to June 1980. One of his testimonials from the War College referred to Buhari as “a gentleman, a soft-spoken soldier, who preserved the ethics of the profession almost as a Quarter-Master-General. He would touch the tip of his cap in greeting for a lady, would never enter a room with his beret on. Always careful with his language, would smile at every joke and would never do anything to rock the boat” these are some of the credentials of the charming officer and
gentleman called Muhammadu Buhari, an independent tribute made to him in far away United States of America more than two decades ago.

This thorough-bred soldier has held several impressive Command and Staff appointments since 1963, including the following:

Platoon Commander, 2nd Infantry Battalion, 1963 – 1964.
Mechanical Transport Officer, Lagos Garrison, 1964 – 1965.
Transport Company Commander, 2nd Infantry Brigade 1965 – 1966;
Battalion Adjutant / Commander, 2nd Infantry Brigade 1966 – 1967;
Brigade Major, 2nd Sector, 1st Infantry Division, April to July 1967;
Brigade Major, 3rd Infantry Brigade, August 1967 – October 1968;
Acting Commander, 4th Sector, 1st Division November 1968 – February 1970;
Commander, 31st Infantry Brigade, 1st Infantry Division, February 1970 – June 1971;
Assistant Adjutant-General, 1st Infantry Division Hqrs., July 1971 – Dec. 1972;
Colonel, General Staff, 3rd Infantry Div. Hqrs. Jan. 1974 – Sept. 1974.
Acting Director, Supply and Transport, Nigeria Army Corps of supply and Transport, September 1974 – July 1975;
Military Governor, North Eastern State of Nigeria, August 1975 – March 1976;
Federal Commissioner for Petroleum Resources, March 1976 to June 1978;
Chairman, Nigerian National Petroleum Corporation, June 1978 – July 1978;
Military Secretary, Army Headquarters July 1978 – June 1979;
Member Supreme Military Council, March 1976 – June 1979;
General Officer Commanding, 4th Infantry Division, Aug. 1980 – Jan. 1981;
General Officer Commanding, 2nd Mechanised Infantry Division, Jan. 1981 – October 1981;
General Officer Commanding 3rd Armed Division Nigerian Army, October 1981 – December 1983.
Head of State and Commander-in-Chief of the Nigerian Armed Forces, December 1983 – August 1985.

Indeed General Buhari’s education, training and career have shown him to be an accomplished and exalted soldier who deserves commendation and special recognition, because he has proven to be a man of character, integrity and achievement.

A close study of his character shows a permeating integrity. It was during his tenure that the Nigerian National Oil Corporation and the Ministry of Petroleum Resources were reorganized to form the Nigerian National Petroleum Corporation (NNPC), and he became its first Chairman, a job he performed without blemish. He masterminded and spearheaded the construction of 20 oil depots throughout the country, a project involving over 3200 kilometers of pipelines. Under his leadership both Warri and Kaduna Refineries were built. He drew up the blueprint for the country’s petro-chemical and liquefied natural gas programmes all without even a hint of scandal.

When the masses of this country were about to riot over the increase in the price of fuel some few years back, the Government of the day calmed them down with the promise that the accrual from reduction subsidy was going to be put in an account and that General Buhari was to be appointed the people’s trustee to that Fund. The riots were averted. The people were happy that somebody they could trust, somebody with a clean record, a safe pair of hands somebody the nation revered and respected, was going to be in charge.

Today, Nigerians recall with nostalgia the probity, accountability and honesty and above all thorough and efficient management of public funds demonstrated by the leadership of General Buhari in all public institutions he worked. This is precisely what people want of their leaders whether military, political or traditional. They are suspicious of the very clever and mischievous; they dislike the overly ambitious; but if they know that a man is transparently honest in his personal and official dealings, they are more than ready to accept him. General Buhari is a man of proven integrity. Wherever you tap his life, there is a ring of truth about it.

It is always dangerous to see a thoroughly good person hijacked from the position for which he got professional training into a position of political leadership, because he could fail so tragically. But General Buhari, though a thoroughbred soldier is naturally equipped for governance and is temperamentally suited for leadership. As Head of State in the country, he did not crack under the pressure of office. He did not flap when things went wrong. He kept his head when others were panicking. He was prepared to be disliked, on the understanding that occasional unpopularity goes with the job of leadership. He faced many crises; personal, domestic and national, and came through all these unscathed.

He is a man of sound vision, judgement and who during his regime, tried to transform the society with his War Against Indiscipline (WAI) policy which won him national and universal applause. A minister in his cabinet once said, he was “an elegantly shrewd and intelligent leader.”

General Buhari is by nature industrious and not afraid of hard work. He finds his way to the heart of a problem and rapidly sorts it out. He rallies the loyalty of subordinates and communicates his decisions intelligibly to others. Above all, he knows how to fit others (like his second in command) into his team, how to make them work together and how to get the best out of them. One of his greatest attributes is his capacity to delegate and to accept responsibility when things go wrong. This quality in statesmanship, these quintessence administrative skills is what makes him a special student in the school of democracy-his new found platform for service to Nigerians. Since April 25, 2002 when he joined partisan politics by registering with the All Nigeria People’s Party ANPP, the story of Nigerian political terrain has radically changed.

Indeed, there is a great deal of sense in Alfred Lord Tennyson’s statement which is applicable to General Buhari today: “I’m part of all that I have met and the mistakes or lessons of the past can be woven into the fabric of our personalities and used to clothe and equip us for the future”. Out of his knowledge and recorded experience General Buhari, through his political movement – The Buhari Organization, otherwise known as Project Nigeria, has introduced a new concept into Nigerian politics: service to the people. The organization is staffed by first class technocrats and academics who out of patriotism submit themselves against all odds to provide an alternative option which consequently will rescue the people of this country from imminent confusion which came about as the result of insensitive, unfocussed and visionless programme of the present administration.

Good education, military training, nature, character, experience and proven record are the foundations on which the exemplary leadership of this remarkable man is built. These are the qualities General Buhari is bringing into Nigerian politics. It is not given to many to rise as he has done from such honourable birth to become such a distinguished man of distinction and destiny. If we may borrow the words of Shakespeare: “There is indeed a divinity that shaped the life and times of General Muhammadu Buhari, rough hew them how we will”.

In recognition of his numerous and enviable contributions towards the development of this country, General Buhari has been conferred with a number of national awards. He is the recipient of the following:

GCFR Grand Commander of the Federal Republic
CFR Commander of the Federal Republic
DSM Defence Service Medal
NSM National Service Medal
GSM General Service Medal
LSGCM Loyal Service and Good Conduct Medal
FSS Force Service Staff
CD The Congo Medal

Never in the recent history of Nigeria, has a former Head of State, as noiseless, humble and as ready to serve as he has been endeared himself so much to the hearts of the masses. He is neither a defeatist nor a pessimist. He knows himself, he knows Nigerians and he knows how to overcome difficulties and make Nigeria a better place for all.

He is ready to take off his shoes even as a soldier, obey the call of a commoner and serve the poor. Nigerians’ most especially the masses are touched by the humility of this General who understands that the first and most important thing about leadership is to be sure that it is exercised in the right direction, according to the interest of the people.

This is indeed General Muhammadu Buhari, a man of intimidating personality and credentials, Head of State of the Federal Republic of Nigeria; Minister of Petroleum; Military Governor of the them North Eastern State; an affable man of courage; an incorruptible Nigerian dedicated to sanitising the social and economic life of Nigeria; a soldier known for his gallantry and chivalry; an accomplished administrator, statesman, politician and above all a Good Man

Governors and infrastructure

 

   

Governors Chime hospitalized in India, Imoke in China, Suntai in Germany, Yakowa is in heaven or hell (not sure), Idris in Abuja Hospital with broken Legs ..LEARN to Fix the Roads and Hospitals and power before other governors are blown off by generators.

  

What a Jet can do in Nigeria...

1Billion naira will liberate about 100,000 Youths from joblessness, another one billion will establish factories and industries that will employ about 5000 Youths. Another 1billion will buy a portion of PHCN but our Leaders are flying 4.5billion bombardier Challenger 604 and 605. Where are we going?

 

Warren Buffet is not flying Any jet. Bill Gates drives a normal Car. Richard Branson øwns the largest number of aircraft, yet flies the commercial line. Ingrad Kamprad OF IKEA drives Volvo 2003 model. These are Billionaires in dollars, yet they live normally. 

Nigerians, think twice. Where is our moral value?

 

NIGERIA @ 52 - NATIONAL FOUNDATION and ELEVATION

Dear President Goodluck Jonathan. Vice President Nnamadi Sambo. Senate President David Mark. House of Representative Speaker Tambuwal. Chief Judge of the Federation Chief Justice Aloma Mariam Mukhtar. The SSG Anyim Pi

us Anyim. The President, CAN/PFN-Pastor Ayo Orisejafor. The Leaders, Nigerian Islamic Community and Organizations
Members of the Civil Society Organisations. Members of the Media/Press. Fellow Great Nigerians. Happy 52nd Independence day…
NATIONAL INDEPENDENCE BROADCAST…
NATIONAL FOUNDATION and ELEVATION
I remember when I left secondary school in the late 80s and I couldn’t proceed to higher institution of learning immediately just because I didn’t pass all my papers, I was advised to work at an industry called Polamp Nigeria Limited somewhere in Ekiti State, Ikole Ekiti to be précised. I worked there as a factory worker and we were producing bulbs that were even exported then but suddenly after few years, the company closed down. I didn’t understand the reason behind the closure then until I finished my higher education and started understanding some abnormalities in our country like corruption, power failure and other factors. But one of my role models then who was a manager in the same company made me to realize that the primary problem with Polamp then was the organizational structural foundation of the company and so when the storm came, it couldn’t withstand it but to pack up. Hence, I ruminated over our great country, Nigeria at 52 and I write this letter to my other 169million Nigerians home and in diaspora.
NIGERIA - "If the foundation be destroyed or faulty, what can the righteous do",
If we will move forward at all, President Jonathan and co must deal with the structure of Nigeria now! 98 years of existence as a country and 52 years after colonial independence. We pray this foundation doesn't sink suddenly. Amen. Remember, when a foundation of a building is bad, the only two options available is either to collapse the building and start to build afresh or you continue to patch the building until one day the foundation will sink the building.
There are many questions we need to ask ourselves if we actually want to secure the future of our beloved country, Nigeria, we must learn from history because a people without history has no future. Don’t forget MARRIAGE is not by FORCE but by CHOICE.
The British colonial masters did three major experiments which I call JUMBLED NATION, which means confused or tangled democracy. The first one was when they joined 15 subnational soviets countries together and formed USSR (Union of Soviet Socialist Republics) in 1922 after the RUSSIAN revolution of 1917.
In the late 1980s the last Soviet leader, Mikhail Gorbachev sought reforms in the Union, introducing the policies of glasnost and perestroika in an attempt to end the period of economic stagnation and democratize the government. However, this led to the rise of strong nationalist and separatist movements. By 1991, the country was in turmoil as the Baltic republics began to secede. A referendum resulted in the vast majority of participating citizens voting in favour of preserving the Union as a renewed federation. In August 1991, a coup d’etat by hardliners against Gorbachev and aimed at preserving the country, instead led to its collapse. On 25 December 1991, the USSR was dissolved into 15 post-soviet states. The Russian Federation, successor of the Russian SFSR, assumed the Soviet Union's rights and obligations and is recognized as its continued legal personality. Today all had gone in piece.
The second experiment was that of Northern and Southern Sudan. Also Sudan was a collection of small, independent kingdoms and principalities from the beginning of the Christian era until 1820-21, when Egypt conquered and unified the northern portion of the country. However, neither the Egyptian nor the Mahdist state (1883-1898) had any effective control of the southern region outside of a few garrisons. Southern Sudan remained an area of fragmented tribes, subject to frequent attacks by slave raiders. In February 1953, the United Kingdom and Egypt concluded an agreement providing for Sudanese self-government and self-determination. The transitional period toward independence began with the inauguration of the first parliament in 1954. With the consent of the British and Egyptian Governments, Sudan achieved independence on January 1, 1956, under a provisional constitution.
The new constitution was silent on two crucial issues for southern leaders - the secular or Islamic character of the state and its federal or unitary structure. However, the Arab-led Khartoum government reneged on promises to southerners to create a federal system, which led to a mutiny by southern army officers that launched 17 years of civil war (1955-72).
Since its independence in 1956, the history of Sudan has been plagued by internal conflict, viz. the First Sudanese Civil War (1955-1972), the Second War (1983-2005), culminating in the secession of South Sudan in 2011, and the War in Darfur (2003-2010).
Because of continuing political and military struggles, Sudan was seized in a bloodless coup d’état by colonel Omar al-Bashir in 1989, who thereafter proclaimed himself President of Sudan. The civil war ended with the signing of a Comprehensive Peace Agreement which granted autonomy to what was then the southern region of the country. Following a referendum held in January 2011, South Sudan seceded on 9 July 2011 with the consent of Sudan. Now the next nation experimented by the British Lords is Nigeria and my question is, are we going to allow their mathematical permutation and combination destroy our future?
I am not campaigning for divorce between the two nations because I so much love this nation to the point that we cannot allow foolishness, mediocrity, deception as a shadow of wisdom.
We need answer to the question; are we married together or we married ourselves in 1914 by the selfish British Colonial masters who pretended to give us independence but still holding the rope tied to our waist to themselves especially economically. Who named our country NIGERIA? A husband, wife or concubine? What is the purpose for the name?
MARRIAGE is to be ENJOYED and not to be ENDURED. Are we enjoying the amalgamation that took place some 98years ago or we are just patching our faces.
* At 52, were former colonial states like Singapore and India still groping in the dark?
*If Rome was not built in a day, did it take 52 years? *Is it worth celebrating the independence and why?
*Nigeria at 52, our beloved Dr Adegbite (79) of Nigeria Islamic Community died just yesterday because of the state of our health sector and Canadian Embassy refused him visa 2 months ago to travel for treatment. After 98 years of marriage and 52 years of independence, our children are still desperate to travel abroad not minding to go through the Sahara desert just to escape the hardship in the land while Our Leaders are busy stealing the public funds, sending their children abroad to school but leaving the poor behind to have their education inside dilapidated buildings around the nation. Have you seen Obama’s children coming to school in Nigeria? When did you ever hear that the Prime Minister of Britain is on medical admission in LUTH?
Malaysia came to pick palm kernel seed from Nigeria in 1979 and by 1999 (20years later) Malaysia became the largest producer of palm oil globally. We just honoured one of our youths with National Honour who is the best car designer in the world but we can’t produce a bicycle. Our own Ibo son is the second in command in power generating plant in Germany but yet darkness is our partner even during the day. Our land is blessed with Oil and co but we have to beg before we fuel our cars. We are among the top five nations that produce cassava but we are importing starch. WHY?
Has our inheritance not turned to strangers and our houses to aliens (Some foreigners)? Are we not orphans and fatherless, and our mothers widows in our own land? (Think about Shell and other oil companies in Niger Delta) Have we not drunk our water for money and our wood being sold back to us with times five of the original price?
Now, servants are ruled (imposed) over us, we are buying food with the stress of our lives. Our skins are black like oven because of the terrible famine. Our women are ravished, rubbished, garnished with rape and vanished in beauty.(by some foreigners) There is no more honour to righteous elders and youths but to the manipulating ones. The joy of our heart is ceased and our dance is turned to mourning. Our Parents are no longer interested in MORAL VALUES but MONEY VALUES, to the point that parents are now dashing their daughters away to 419ers, ritualists, yahoo-yahoo men, visionless politicians and so on. Our leadership platform has society has become a den of armed robbers and empty headed vessels. God of heaven give us RIGHT LEADERS not just GOOD LEADERS.
SOLUTION…DIRECTION: It has been said times without number that a man without DIRECTION is a man without DESTINATION. At this critical point of decision of our beloved country, after a long period of research. I realized that this present government inherited 90% of our problems and for this government to leave a meaningful, positive legacy and posterity, behind for generation-next, President GoodLuck Jonathan and his cabinet including the House of Representative members and Senators are advised to call for immediate NATIONAL CONFERENCE (Citizens Dialogue) to actually sit down and review our Nation and fashion out our own CONSTITUTION. Any machine without the manufacturers’ manual of operation will soon pack up. You can’t use the manual of a Honda Motorcycle to operate a Toyota car, it will underperform. We can’t continue to run our national machine with an alien manual, what we will get at the end of the day is colossal failure. It is clear that an UNIDENTIFYIED FLYING OBJECTS can only operate successfully in BERMUDA TRIANGLE and no Aero Contractors carrier or British Airways carrier can go to Bermuda Triangle, the end will be disastrous. So at this point, I will like to say that PLACES don’t make PEOPLE but it is PEOPLE that make PLACES, therefore let us come together as a people from different tribes but with one voice and sit together to map out the way forward for our Nation especially for the unborn generations.
In conclusion I quote from the Holy Bible, Isaiah 1:18-20 which says: COME NOW, AND LET US REASON TOGETHER; THOUGH YOUR SINS BE AS SCARLET, THEY SHALL BE AS WHITE AS SNOW; THOUGH THEY BE LIKE CRIMSON, THEY SHALL BE AS WOOL. IF YE BE WILLING AND OBEDIENT, YE SHALL EAT THE GOOD OF THE LAND: BUT IF YE REFUSE AND REBEL, YE SHALL BE DEVOURED WITH THE SWORD: FOR THE MOUTH OF THE LORD HAS SPOKEN IT.
Great Nigerians, before the different problems happening in our nation will disintegrate and scatter us, I wish to state strongly as a citizen of this country, Nigeria and a National Reformer that we gather together and talk like brothers and sisters. Let us check and fix our FOUNDATION so that we can have a SWEATLESS ELEVATION
God has blessed Nigeria already. May Nigerians realise this and walk with this reality. Amen
GOD BLESS THE FEDERAL REPUBLIC OF NIGERIA. GOD BLESS YOU ALL. AMEN
gbengademujimi (Pastor Gee) KingsHill School of Discovery. National Reformation Centre 07039714664. cia2001ng@yahoo.com

YOUTH STAKEHOLDERS FORUM

James Asu attended the YOUTH STAKEHOLDERS' FORUM today which was organized by AGDC in partnership with the LAGOS STATE GOVERNMENT. In attendant was his excellency, Governor Babatunde Raji Fashola, Mrs Ibukun Awosika (Chairman, AGDC), Dr Yew

ande Adesina(Special Adviser to Governor on health) and several youths in Lagos @ Event Centre in billingsway in Oregun, Ikeja which was filled to capacity.
Part of the speech delivered by his excellency, Governor Babatunde Raji Fashola was extracted below:

"We need people to work. It is only through competition that you can make growth and become productive. No successful nation prosper through hand-out but hard-work. We didn't grow up like this, we competed. sustainability requires we built model that we can hand-over. The revolution we need is not street revolution but the revolution of the mind. Education is the first step to building up your mind. Our better days really lies ahead of us. Be self driven rather than been driven. If you're not competing there won't be luck. Compete fairly and honestly because they have values. Let's ask ourselves, Are we in the worst place? No! We can be the new frontier without being in the front, if we choose to be behind. The Nigeria and Ghana empires is about to rise, you have a part to play. Business models have changed. e.g Event managers replacing the traditional way of organizing parties on the streets. Adversity is the strongest asset of great achievers. All of you can become models for the next generations if you stop feeling sorry for yourselves and start doing something productive for yourselves."

10 LIVING TESTIMONIES WHY BUHARI IS THE MOST QUALIFIED LEADER FOR NOW

But within the limits of human weaknesses let's look at ten reasons while he still stands tall among other contestants for the no1 position in the land:
1.Professionalism
:The wife did not rule by proxy;in fact there was no Oga Madam Syndrome.I am sure many of us do not know the name of the wife till today.

2.Security : He was able to tame the Chadian Incursi
on of Hissen Habre and quell the fire of Maitatsne crisis of Maiduguri in 82 while serving as GOC 82ND Mechanised Div Kaduna.

3Preparation :.He was prepared for power and office and not an unwilling or opportunistic leader.

4.ECONOMY: He opted for counter trade and had a valid forex management policy using counter trade to reduce pressure on the Naira within Dec 83 to Aug 85;It will be interesting to remember that as at 27th August,1985 when IBB took over,exchange rate was =N=1.11 TO 1USD.

5.Foreign Policy : He knew that Nigeria is a regional power and without military prowess there can be no significant political prowess.Most security problems in Nigeria today could be traced to our confusing foreign policy direction.

6.Corruption ; He has the moral courage and political good will to sanitise the body polity (and this is one of the major reason while he may not be able to rule Nigeria,because the system is a corrupt system).

7.IDEOLOGY : He remains one of the last group of African leaders that are trained in the colonial era with a clear vision of what Africa should be;Buhari is a welfarist-pan Africanist ,who like late Captain Thomas Sankara believed firmly in the restoration of African dignity and dominion.

8.SECULARISM : He was able to clamp down on traditionalists and monarchs in his first time and he is a modernist who has what it takes to position us among the best in the world.

9.CHARACTER : He is one of the few leaders in the country who still have integrity;he may need to improve on personal communication but he always meant well.

10.MANAGEMENT AND PRUDENCE :Buhari is a leader and a manager,who has what it takes to catapult Nigeria from the valley to the mountain top.

CONCLUSION :WHEN YOU LOOK AROUND;BUHARI IS LIKE GENERAL DE GAULLE OF FRANCE; PRIME MINISTER WINSTON CHURCHHILL OF UK,A TRANS GENERATIONAL LEADER;HE LED 27 YEARS AGO;MOST YOUTHS OF TODAY,CLOSE TO 40% OF NIGERIAN POPULATION WERE NOT EVEN ALIVE WHILE HE RULED IN HIS FIRST TIME;

NATIONS THAT MISSED THEIR CRISIS LEADERS ALWAYS HAVE TO WAIT FOR ANOTHER GENERATION;WE WASTED A LEADER LIKE BUHARI 27 YEARS AGO;WE ARE LUCKY THAT WE STILL HAVE HIM NOW;IT WILL TAKE ANOTHER 27YEARS OR ANOTHER GENERATION TO GET A LEADER IN HIS MOLD.THIS IS THE WAY LATE CHIEF AWOLOWO WAS TREATED BECAUSE OF SENTIMENTS AND EMOTIONS;

THE ONLY ARGUMENT PEOPLE HAVE AGAINST BUHARI IS THAT HE IS A MUSLIM;BUT LET'S ASK THIS QUESTION;WILL BOKO HARAM EMERGE OR BE VIBRANT UNDER BUHARI?NO! WHY AM I SURE?HE WAS ABLE TO QUENCH THE FIRE OF MAITATSINE 30 YEARS AGO!ALSO,MORE CHRISTIANS HAVE BEEN KILLED UNDER THIS REGIME AND OBJ REGIME THAN OTHER REGIMES LED BY CHRISTIANS;THIS IS BECAUSE CHRISTIANS THAT HAVE RULED NIGERIA ARE MORE OF APOLOGISTS&PACIFISTS(IRONSI,GOWON,OBJ AND GEJ) .

FINALLY;NIGERIA IS A NATION WHERE PEOPLE THAT ARE NOT PREPARED TO RULE ALWAYS RULE;WE WILL ALSO TELL OUR CHILDREN ABOUT OUR COLLECTIVE ACTION IN INSTALLING UNWILLING PRESIDENTS OVER THE MOST POPULOUS BLACK NATION ON EARTH;THEREBY DRAWING THE DESTINY OF THE BLACK MAN BACKWARD! LONG LIVE NIGERIANS!

NIGERIA: A NATION RULED BY ROGUES/419

"President Jonathan's Economic Advisers Owing Nigeria N1.3 Trillion; CBN Bars Banks From Doing Business With 419 Deadbeat Companies And Individuals."

An explosive Central Bank of Nigeria (CBN) circular published today by a local Nigerian newspaper lists some of President Goodluck Jonathan's economic advisers among the country’s worst deadbeat debtors

.

Some of the worst offenders are household names: Mr. Femi Otedola, Alhaji Sayyu Dantata, Sir Johnson Arumemi-Ikhide, Prof. Bart Nnaji, Mrs Elizabeth Ebi and Dr. Wale Babalakin.

And businesses too: Zenon, Arik, MRS, Aero Contractors, Capital Oil and Gas, to list just five.

But now local banks are barred from extending even one more kobo of credit to them until they clear all debts.

The big debtors are also among the nation’s richest companies and individuals, and their extensive uncollateralized loans from Nigerian banks to the tune of billions of dollars led to the collapse of the banking sector.

Several of the debtors were also involved in the petroleum subsidy scam that bled the Nigerian economy of some $6.5 billion.

Instead of prosecuting the predatory lenders and borrowers the Jonathan government pushed the problem aside by setting up a bogus body known as the Asset Management Corporation of Nigeria (AMCON) to absorb the debts and enable the debtor roam free and engage in more economic crimes.

They apparently roamed far and wide, all 113 companies and 419 directors/shareholders. 419 is the actual number given by the CBN.

The document circular obtained by Thisday, dated last Monday, September 17, showed that the disdain by these rich individuals and companies for their debts has grown so much that the CBN decided to bar banks in the country from extending further credit to them.

“It has become necessary to stop debtors who failed to repay their loans to banks and had these loans subsequently transferred to AMCON, from further enjoying credit facilities from Deposit Money Banks (DMBs) until they fully repay agreed outstandings to AMCON,” said the circular, which was signed by CBN’s Director of Banking Supervision, Mrs. A. O. Martins.

According to ThisDay:

• The circular, which was accompanied by a detailed list of the blacklisted debtors, showed that worst hit by the directive are Zenon Petroleum, owned by Otedola, which was indebted to banks to the tune of N192.4 billion; MRS Holdings Limited, which belongs to Dantata – N119.98 billion; Seawolf Limited – N98.32 billion; Arik Air Limited, belonging to Arumemi-Ikhide – N85.481 billion; NITEL Plc/M-Tel – N71.547 billion; and Capital Oil and Gas Limited, which belongs to Ifeanyi Ubah – N48.014 billion.

• Others include Falcon Securities, whose Managing Director, Mr. Peter Ololo, was arraigned alongside several bank executives in 2009 by the Economic and Financial Crimes Commission (EFCC) – N162.9 billion; Rockson Engineering Limited, owned by Arumemi-Ikhide – N60.475 billion; BGL Securities – N6.44 billion; Rahamaniyya Oil & Gas Limited – N46.38 billion; Bi-Courtney Limited – N20.214 billion; and Geometrics Engineering, owned by Nnaji – N19.76 billion.

• The restriction also applies to: Aero Contractors Company, owned by the family of Olorogun Michael Ibru - N32.579 billion; Tinapa Business Resort – N18.509 billion; Nestoil Limited, belonging to oil and gas entrepreneur, Ernest Azudialu – N13.506 billion; Dorman Long Engineering – N9.667 billion; Ascott Offshore Nig. Ltd, belonging to former banker, Henry Imasekha and the Berkley Group – N64.728 billion; Gitto Constuzioni – N11.838 billion; and Dansa Foods – N14.880 billion, whose directors, Sani and Abdul Dangote, are the brothers of business mogul, Alhaji Aliko Dangote.

Furthermore, the banks have also been directed not to grant further credit to two States: Cross River and Zamfara, because of the failure of the Tinapa Business Resort and the Zamfara Accountant General to pay back loans collected.

The Central Bank warned that any bank that flouts the guidelines would be made to make an immediate provision of 100 per cent of total principal and interest outstanding in the account of the customer and related parties, in addition to whatever regulatory penalties the CBN may decide to impose, ...This Day Newspaper