@Arklaw99@AIT_Online Again, how it ended is politics not law. I do not talk politics, I speak Law and Law only. I hate the Nigerian political landscape, never cared for it but casting a vote. If you read what I told you, they’re statutorily backed not interest aligned.
@Arklaw99@adeboyeoye@AIT_Online Unenlightened, lmao. I talk law and law only. And I say the senate can issue a warrant of arrest on anyone who refuses to answer a summon by them. And how this ended is political not law. I talk Law not politics. I don’t give a jot about the NA politics.
@Arklaw99@AIT_Online Yes, according to section 4 of the Legislative houses(powers and Privileges) Act 2017. But, he’s not backing, lmao. The person whose arrest is being issued for has refused to answer a summon as stated in section 3. To get the senate president to sign that is too easy.
@_kHrisss No, it’s not black and white. The first impression seemed that he was called already. He refereed to the lawyer who sat beside him as “another lawyer”. Without that disclaimer, the original tweet is in itself a misrepresentation.
@KingEsene The terms of the bail is suffocating. This shouldn’t be so. The terms of bail shouldn’t be such that it’ll impliedly seem that the defendant should remain in custody. The terms of the bail should be varied.
@Fearthegodso@3_DrMenace@OlanipekunTobiD But however, it really doesn't matter jot how much value the security has more than the credit advanced, a security is a security. While I do agree that the first recourse is to appoint a receiver but if that doesn't work, take over is inevitable.
@Fearthegodso@3_DrMenace@OlanipekunTobiD I agree, no banks or consortium of banks will agree to finance a company who's worth or security worth is not at lest 2 to 3 times bigger than the credit facility they're advancing. It's just bad business to do otherwise.
@davidsONEMan@Oluwatobi_ctl@novieverest@_Tilmeez He's Coming from the angle of cause and effect. It's absolutely no possible to lay claim to a property not seen as a security for loan by a mortgagee or debenture holder or however the transaction was couched.
@real_PKC@novieverest@_Tilmeez There's absolutely nothing criminal in enforcing collaterals. He didn't by himself put that tower as security for the loans did he? The corporate world is brutal and brutality is no sin.
@villetech1@rukky_nate@OmoKakafiala Like I said earlier, not 100% Artificial from indications, but it is artificial nevertheless. The key metrics of economic health are still the same, internal production is not so high to outpace imports, nor is foreign investments, so again, its indicators suggest inorganic gains
@enhrilolli@priztined@rukky_nate@OmoKakafiala It’s too easy to see, just too easy. Is foreign investment that much to outpace the Import rate demand for USD? Because certainly it’s not internal production.
@villetech1@Marx_tone@rukky_nate@OmoKakafiala It is possible, how albeit not this fast. I agree with them, however not fully.
You said oil imports is the only demand for USD I most certainly don’t agree with that. For a country heavily dependent on import for almost all its products, the USD demand is certainly higher.