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They get mouth, but them no dey talk!They get ear, but them no dey hear!!They get eye, but them no dey see!!!Na people w...
02/04/2025

They get mouth, but them no dey talk!
They get ear, but them no dey hear!!
They get eye, but them no dey see!!!

Na people wey get sense go understand the message.

Pass it round.

Ndi Enugu, Edoga Labour is in vain
02/04/2025

Ndi Enugu, Edoga Labour is in vain

Cash-and-Carry Politics: A Synonym for Prostitution.

Cash-and-carry politics is often discussed in relation to political corruption, moral decay, and the commodification of power. While it operates in a different sphere from prostitution, both share fundamental similarities, particularly in their transactional nature, short-term benefits, and ethical concerns.

Cash-and-carry politics refers to a system where political loyalty, candidacy, and governance decisions are driven by financial or personal gain rather than ideology or public service. It involves vote-buying, political defections for financial benefits, and governance influenced by money rather than policies.

Today, reports emerged that the 2023 Labour Party gubernatorial candidate in Enugu State, Hon. Chijioke Edeoga, has returned to the Peoples Democratic Party (PDP) after misleading supporters into believing he had a distinct political ideology from that of the PDP.

It should be recalled that Hon. Edeoga was initially a member of the ruling PDP in Enugu State but defected when he failed to secure the party’s gubernatorial ticket. His recent return to PDP reflects the essence of cash-and-carry politics and its similarities to prostitution in the political landscape.

The similarities of cash-and-carry politics to prostitution are discussed in the paragraphs below:

- In cash-and-carry politics, political loyalty is traded for money or material benefits. Similarly, prostitution involves the exchange of s*xual services for money or gifts. Both prioritize immediate material gain over long-term values or ethical considerations.

- Just as prostitution is often criticized for undermining moral standards, cash-and-carry politics erodes democratic principles, replacing merit and public service with personal enrichment.

- Prostitution lacks emotional commitment, and in the same vein, cash-and-carry politics lacks commitment to genuine governance and development. Politicians who engage in this practice often abandon their constituents once they attain power.

- While prostitution is illegal or operates in gray areas in many societies, cash-and-carry politics often involves bribery, vote-buying, and corruption, which are also illegal or unethical.

- In both cases, one party holds more power than the other. Politicians manipulate voters with financial incentives, just as clients in prostitution often exploit economic vulnerabilities.

Hon. Edeoga’s return to PDP strongly suggests that personal ambition and political survival took precedence over ideological commitment or party-building efforts. His supporters in the Labour Party now find themselves abandoned, left to grapple with the reality that their loyalty was merely a tool for his personal political advancement.

Edeoga’s defection is not an isolated case, it is a symptom of a larger issue within Nigerian politics, where loyalty is for sale, and political allegiance is treated as a commodity rather than a moral obligation. In a system where ideology and development should be prioritized, cash-and-carry politicians should not be allowed to hold elective or appointed positions.

Unfortunately, in Nigeria, where about 80% of politicians engage in cash-and-carry politics, election cycles are reduced to a recycling of empty campaign promises, rather than genuine efforts toward national development.

Now that Hon. Edeoga has left the Labour Party, what happens to his supporters? Sadly, in Nigerian politics, it is always the followers who suffer the most.

Nze Onyefeze 1

02/04/2025

No be everything they will tell you in plain language.

The speech was even direct but feeblemind no understand

You are doing well, Sunday Umeha.Keep it up.
02/04/2025

You are doing well, Sunday Umeha.

Keep it up.

02/04/2025

We are enjoying our change

In as much as we don't usually believe some of these rhetoric news, we advise everyone attending church anywhere in Nige...
29/10/2024

In as much as we don't usually believe some of these rhetoric news, we advise everyone attending church anywhere in Nigeria to be careful and vigilant.

Moreso, people should be careful whenever whenever they are in any public gathering being it wedding, birthday parties or political party meetings.

There are lots of evil guys everywhere with sole aim of causing mayhem.

The days are wicked.

Enugu Voices

A church known as Holy Ghosts Cathedral in the Enugu region of the former country would be attacked soon. The one known as Dokubo is currently orchestrating an attack in cooperation with the Fulanii terror organization. The mission is to detonate an explosive device in the mentioned church during service hours which would lead to massive loss of lives.

Averting this grave danger is absolutely simple, the church must immediately double all security personnel’s and also be on a lookout for any suspicious activity around the building. If this is neglected then you shall hear the terrible news in few weeks/months.

We shall remain Anonymous however as we keep watch.

25/05/2024

The current demolition in Enugu, how you take see am?

07/05/2024
RE: UNN LECTURER CAUGHT PANT DOWN!We have come across a video circulating on social media involving a lecturer at the Un...
25/04/2024

RE: UNN LECTURER CAUGHT PANT DOWN!

We have come across a video circulating on social media involving a lecturer at the University of Nigeria Nsukka, and would like to make the following points:

The content of the video is unacceptable and should be completely condemned. Those responsible for creating and sharing it should be identified and arrested by security authorities. Sharing such content is not only irresponsible but also deeply harmful.

Have we considered the damage this video could cause to the lecturer's life and reputation?

If he were to take his own life because of the video, would those responsible not be held accountable?

What is the point of the video if the female student in question consented to the activity being shown?

Did the lecturer fail to grade the student after the encounter?

Let's not forget that it is a breach of agreement for a student to consent to offer s*x for a grade and then turn around and record the lecturer, creating a public scandal. What if the roles were reversed and the lecturer recorded the female student and released it online after she undressed?

Do we ever consider if we are truly being fair in these situations, or is our judgment influenced because the accused is a man?

There are countless instances of lecturers being s*xually harassed by female students at universities, yet these cases rarely come to light.

Please note that we do not support "s*x for grades," and we don't condone inappropriate conduct in a professional setting. However, it's equally wrong to record someone's private moments and share them publicly.

We urge all male lecturers to exercise caution and avoid situations that could lead to exploitation or reputational damage.

We may also encourage the male lecturers to start recording instances of harassment from female students for their protection.

Please, let us act with wisdom and caution in handling some sensitive issues.

Nze Onyefeze 1

Who knows this river?
16/04/2024

Who knows this river?

This is Okporoko River at Akwa Ibom state. It is the only river in the world that flows uphill.

The water from this river doesn't stay inside a cup or any other container.

If u drink the water from this river, you will automatically vomit the water on the floor and the water will flow back to the River no matter the distance.

Is this not amazing?

Like and share!

WERE YOU AWARE THAT ERASTUS AKINGBOLA, CECILIA IBRU AND FRANCIS ATUCHE WENT TO PRISON?HEAR WHAT EMIR LAMIDO SANUSI SAID ...
24/03/2024

WERE YOU AWARE THAT ERASTUS AKINGBOLA, CECILIA IBRU AND FRANCIS ATUCHE WENT TO PRISON?

HEAR WHAT EMIR LAMIDO SANUSI SAID ABOUT THEM.

NO REGRETS. CBN DID THE RIGHT THING ON TERM LIMITS FOR LEADERSHIP OF BANKS~SLS.

I think we must remember that everything boils down to context. And we should not naively believe the claims of some people that they are the "owners" of banks- especially the listed ones.

In almost all the banks that we took over, we discovered that these so- called owner managers set up SPVs, lent money to these SPVs, turned round and purchased their own bank shares with these funds -and that was how they acquired control. In blunt terms: they STOLE money belonging to depositors to buy the shares.

When the stock market tanked and the bubble capital burst it was those deposits that were entrusted to them which evaporated and we had to redeem.

To give one example, when we went into Intercontinental Bank, the bank owned 25% of its own capital through these fraudulent schemes. Akingbola did not buy his shares in Intercontinental with his own money- he stole deposits to fund his control. He ran to the UK and we followed him with the evidence. We established before the crown court what he did and the amount involved was in excess of N140b for which the court gave a worldwide freezing order. On the basis of the same evidence in Nigeria it took 11 years but Akingbola was finally jailed.

He was not the only one. Cecilia Ibru was jailed. Nwosu was jailed. Atuche was jailed. All this happened before us and people are criticising the regulator and moralising on behalf of those who OWN banks? How? With stolen money?

One of Akingbola's executive directors joined the bank as an officer and was his PA. Akingbola was MD of his bank for 22 years or so. All his so called EXCO were his "boys". Ibru appointed her son ED corporate. He would approve loans for their SPVs and she would send the money to her daughter in Dubai to buy property. For 3 years Ibru’s daughter won gold medals in Dubai for being an estate dealer. She was buying the real estate with depositors funds. We recovered assets then estimated at $1.2b at cost from Ibru alone- including over 200 pieces of real estate in the UAE, including property on the Potomac, in Abuja, Lagos and Portharcourt and private jets. All with depositors money.

These CEOs had stayed so long no one could call them to order. Not their boards, not risk management, not audit, not Legal. In one case the Board of Oceanic was bold enough to decline a loan recommended by Ibru. After the Board declined it she came to her office and approved it and it was disbursed.

If staying so long makes some CEOs that powerful and if that power was seen to corrupt why would we allow CEOs to overstay? If all banks were run like Citi or StanChart or IBTC this matter would not have arisen but we cant run a system based on miraculous exceptions. And is ten years not enough in a CEO position? Is there no benefit to something called succession? Is there nothing like key man risk?

Banks are not a business. Dangote group and Exxon mobil are. Banking is a profession. Banks are professionals guided by ethics. A bank is where you keep your money and expect to find it. If your banker can keep your money safe and make profit by trading it that is what we want. If he starts to make it his own he has to be reminded it is not his.

If these people are so smart they should go run a cement plant or build a refinery or a commercial enterprise. Anyone can make billions stealing money entrusted to them it is not intelligence. Just plain thievery. And this is why every chance they get they just steal and buy property and private jets and yachts. It is not capitalism but prebendalism.

The arrogance begins when these bankers who own a tiny percentage of the total capital at the bank's disposal think they own the bank. They do not. And the Central Bank is not there to protect the rich and powerful shareholders and management but the poor and vulnerable depositors who trusted us and kept their savings in these institutions. Some people just dont get it.

With the CBN the depositor is King. It is hypocritical after everything we know to pretend that these criminals are bank owners. They never were. And to make the system safe we have to learn lessons and not wait for the next Akingbola or Atuche or Ibru to happen on us.

It may well be that someone else sitting in that office with all this information may have ideological sympathies for shareholders and management and believe I had gone overboard in protecting depositors.

My comment is that such a one should be at the stock exchange and not the central bank. Term limits are among the policies I am most proud of and yes- we demystified all the minigods and oligarchs. But none of them was a target.

The only target was to protect depositors and keep our banks safe.

I am publishing my CBN memoirs next year inshaallah. The title is " Confronting vested interests: Central banking in a rentier economy". The title says it all.
SLS

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Why is our people so mean?How can GOC Ajah and his team be this mean?Let there be justice for these teachers.Let Gov. Pe...
23/03/2024

Why is our people so mean?

How can GOC Ajah and his team be this mean?

Let there be justice for these teachers.

Let Gov. Peter Mbah stop this nonsense.

RE: LETTER OF DISMISSAL

Over the past weekend (March 16, 2024), there was widespread public outcry following the dismissal of several primary school teachers in Enugu State. Reports indicate that the Enugu State Universal Education Board (ENSUBEB), chaired by Hon. G. O. C. Ajah, initiated these dismissals.

The letter which was routed through the Education Secretary, dated March 14, 2024, titled Letter of Dismissal and signed by Ugwu Evelyn N. (Mrs) on behalf of the Executive Chairman reads "I am directed to refer to the resolution of the ENSUBEB full Board meeting held on March 5, 2024 and inform you that the board has approved your dismissal from the state teaching service with effect from March 1, 2024 for an act of serious offences against the provisions of Public Service Rules (PSR) which has become an embarrassment to the Board and unbecoming of public service officer". The breakdown of their offenses are thus;

1. Absence from duty without a written permission.
2. Breach of the Communication Channels in Public Service.
3. Insubordination.
4. Contravening the provisions of

Upon investigation, it became apparent that those sacked were individuals who had courageously approached the governor to advocate for the full implementation of the long-awaited minimum wage for primary school teachers. Despite the governor's subsequent action to implement the minimum wage in response to their advocacy, ENSUBEB opted to victimize them for daring to demand what rightfully belonged to them.

It is worth noting that the current minimum wage was approved and enforced in April 2019, yet these teachers had not benefited from it nearly five years later. Previously, they had resorted to industrial action during the previous administration to highlight the mistreatment they endured, and consequently reached a promising agreement with the previous governor.

Considering the reasons cited for their dismissal, it is evident that the board resented their initiative in approaching the governor without seeking permission. However, it is crucial to recognize that these teachers had patiently waited for ENSUBEB to address their minimum wage concerns to no avail.

Furthermore, the inadequate salaries received by these teachers make it practically impossible for them to afford daily transportation and other basic needs, hindering their ability to attend school regularly.

In one of our letters to the governor regarding ways to enhance the state's primary education system, we proposed the construction of a room and parlour staff quarters to mitigate absenteeism issues in our primary schools.

It is disheartening to witness individuals lose their livelihoods amid the severe hardship currently affecting Nigerians. It is even more troubling that someone could be dismissed simply for advocating for the government to do the right thing.

At present, it appears that these teachers were terminated solely as a means for the board to express its displeasure at their engagement with the governor regarding their rights. We noted that the dismissed teachers were not afforded the opportunity to face a disciplinary committee for a fair hearing.

Our efforts to reach the Chairman of the Board through his WhatsApp account have been unsuccessful thus far.

We therefore publicly openly appeal to the governor to intervene in this matter concerning the actions of the Enugu State Universal Basic Education Board.

Furthermore, we call upon the general public to stand against such acts of inhumanity in Enugu State.

Nze Onyefeze 1 Foundation!

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