What a nation full of deception; from non disclosure of true Oil Production and Revenue to the disclosure of fake profit by banks.
Payments of subsidies with mathematics that has no formula.
A bank claim to have made over 50b Profit in three months.
Isn't that a very good and impressive result if it is true.? All staff should be dancing of course.
If these figures are true; what is Dividend Per Share in all the years they have been declaring these huge profit.?
Am not sure the bank in question have people who think twice before they make their declaration.
There seems to be no correlation between what they declare yearly and the dividend they share.
The most worrisome aspect is that their staff do not appear happy which is a clear indication that they do not take good care of them.
Or, how do you explain one bank that gave N1b donation few weeks ago and declared over 50b profit between January and March 2020 claiming to have issues with keeping their staff.?
Something is not adding up here.
A bank that is weaker bought over a strong Bank for N50b as claimed and yet government did not see that something is wrong with that deal.?
What is the value of the building taken over all over the country.?
What is the deposit level taken over.?
Where did you get money to buy the bank you bought.?
Loan? When was it paid back.?
The following month?
From which source?
These and many questions are going on in my mind and those that have answers and fail to provide it will one day be made to give account to God.
We need to be asking questions in Nigeria or else; some people will oppress the weak and the poor with their power.
Let no man think God is alseep.
Diamond was doing far better in terms of Customer Service when Access took over.Intercontinental was doing well too with wide spread.I found them at Gboko one day.
Let no man think that God is asleep.
I have no doubt in my mind that it is possible that Intercontinental and Diamond Bank played into the hands of those that want them dead but any joy built on the sorrow of another person( Person here Includes Corporate entity) will not last.
A house built with saliva will be brought down by the dew not even rain.( Ile taaba fito mo, Iri lo maawo.)
Access Bank need to repent now or else...the dew will.bring the house down .
Dr. Gbenga Adeoye hold a PhD in Management Accounting .
He is a Fellow of The Institute of Chartered Accountants of Nigeria,
A Fellow of the Chartered Institute of Taxation of Nigeria.
An Arbitrator of UK and Nigeria with Interest in Law and Criminology.
He is Passionate about Good Governance, Tax Justice and Economic Development of Africa.
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