rance and other Financial Institutions?
They included the non-implementation of the things we discovered. I have always believed that the way the oversight activities are structured , and the time for legislators to carry out those functions are serious setbacks. You may visit a bank or call them to submit their documents, but you do not have enough manpower to decipher what has gone wrong.
Some of the work your committee did had to do with the restoration of the licences of Societe Generale Bank and Savannah Bank. Why did you do that when those banks were thought to have been poorly managed? What do you think is often responsible for the frosty relationship between lawmakers and the executive arm of government?
Former President Olusegun Obasanjo once said the National Assembly is a den of corruption in Nigeria. Do you think that’s an accurate description? Also, it was during my tenure we discovered that the Nigerian government did not have any metering device to discover how much gas we had; we were only operating based on what the IOCs told us then. We also discovered that all agreements towards reduction of gas flaring were just lip service; they were mere academic exercises. There were no efforts by the IOCs to reduce the menace.There were quite a lot of them.
In 2015, you contested the governorship position in Abia State. Do you still have any plans to vie for that office? There are quite a number of reasons banks collapse. There could be sharp practices by bank workers in terms of not carrying out due diligence on the people and organisations they award loans to. There are laid down rules that are supposed to be followed before giving out loans, but when these rules are not followed, they often cause problems along the line.
Very much true and that's why we don't have fresh air being blown into political chambers
But people keep voting them in🤷🏾♂️
Useless set of people. imagine after 8yrs in offices. many can't create enable environment in their state or introduce any good policy to improve life. we can't blame them it's bcos election don't count. People impose themselves. Electoral reform is the only solution
People like SOWORE suppose to be in SENATE and CHECKMATE their excesses. I dont know how many local govt he won? He would have done well in Legislative arm.I may be wrong. My thoughts though.
The electorates are to blame...
What a bad choice of word.
Lmao
Kettle calling pot black.
Retirement home
Na today you sabi?😒
The blame is on those that keeps selling their votes to keep them in power
It's a norm. Didn't start last year
She's very right... 😥😥😥😥😥
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