What are the faliure banks in nigeria during global economic melt down?
No banks have failed in Nigeria because they were either bailed out by, or owned by, spammers who make their living telling stupid, idiotic people who should know better that they've won millions of dollars, or that someone has died and they want to share the proceeds with them. Then, that person sends the Nigerian spammer their bank account number, the Nigerian spammer empties out their account, and keeps the money in a Nigerian bank. As a result, the Nigerian banks are always solvent.
As DG DMO when Prof. Ngozi Okonjo-Iweala held the saddle as Finance Minister, Muhtar was generally managing Nigeria's debt portfolio and played a major role in the negotiations that led to Nigeria's exit from Paris and London Clubs of creditors. Of course during that period Nigeria had so much money to play with. That was when international oil price hovered in the neighbourhood of $100 per barrel.
Things were much easier then and Muhtar seems to realize this.At a reception in his honour by the people of Dambatta, held at the palace of the District Head of Dambatta, Sarkin Dan Kano, Dr Mukhtar Adnan, Muhtar admitted that his appointment is a challenge in view of the current world economic meltdown, and called on Nigerians to put all hands on deck to improve the country's economy. He also called on Nigerians to assist with prayers towards curbing the economic meltdown. Surely, the Finance Minister would need a whole load of prayers to manage the economy successfully.
He is coming in at a time the economy is at its lowest ebb in more than a decade.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.
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