The groups argued that having presided (until last week) as the Group Managing Director of Diamond Bank, he understands boardroom politics and will bring knowledge of business management to benefit his running of the affairs of Abia State.
#USAfricaTV and USAfrica magazine Exclusive:
Dr. ALEX OTTI (The GMD-CEO of Diamond Bank) grants his very first interview on his likely quest for Abia State of Nigeria 2015 Governorsh
Otti told USAfricaonline.com USAfrica magazine (September-October 2014 edition) that “As we approach 2015, I believe Abia state citizens and residents should look out for leadership whose bases are selflessness, competence and integrity. In choosing, they should be careful to eschew any imposed candidates but rather go for that candidate who understands the potentials of the state and how these can be realized within the tenure. A tenure is short, 48 months, and taking from the approach of Howard Buffet in his book “40 Chances”, such a governor has 48 chances to
transform Abia State. This presupposes that the leader Abians choose must be prepared to hit the ground running and possess the capacity to start making a difference from month one.”
Assessing the progress made by the bank during his current tenure, Dr. Otti noted that “Change, desperate change, was absolutely critical when I came in and we had to do the things that needed to be done. We changed personnel, products, customers, businesses, our orientation, brand etc. This change was not change for its own sake but change that was tracked for its ability to deliver on desired results. Because of our commitment and determination, results have also come in quickly. In 2013, a bank that was not reckoned with in early 2011 was declared by the Central Bank of Nigeria as one of the 8 Systemically Important Banks in the country that has about 24 banks. Customer service has improved tremendously and the KPMG 2014 customer service index put us in the top 3 of most categories. Additionally we have grown tremendously in size and in terms of total assets, deposits etc. are now the 6th position from the 13th position about three years ago. In all these, we paid serious attention to the quality of our loan book and have since then written off over N55 billion of legacy bad loans and sold about N78 billion of loans to Asset Management Company of Nigeria, AMCON. We are now back to sustainable profits and for the first time in 3 years were able to pay a dividend to shareholders.”
FULL text of Dr. Otti’s USAfrica magazine interview with Chido (currently on sale) was published on USAfricaonline.com and the USAfrica-powered e-group on Facebook, AbiaWorld, on September 30, 2014.
On Nigeria’s Boko Haram, New York Times Nick Kristof misanalysis on CNN Fareed Zakaria’s GPS. By Chido Nwangwu
A few minutes ago, today May 11, 2014, on #CNN@FareedZakaria, the continuation of fanciful misanalyses and non-factual views about the root causes and “explanation” for the unrelenting mayhem unleashed by the violent Islamic sect #BokoHaram in#Nigeria were repeated by the award-winning New York Times columnist Nicholas Kristof @NickKristof and Eliza Griswold, author of the new book The Tenth Parallel: Dispatches from the Fault Line Between Christianity and Islam.
Kristof especially, wrongly, argues that Boko Haram and similar groups are driven by economic disparity in Nigeria. not true in fact and logic.
Griswold says with a certain antiseptic disdain that Boko Haram is a “mess.” Simply a mess? After killing at least 2,000 Nigerians within 5 years.
Griswold adds it is more a struggle between moderate and extreme Muslims…. Seriously? I disagree.
First, I know that targeting and slaughtering and bombing, primarily, christians and demanding they leave the mainly Islamic northern region of Nigeria and visiting “unholy” fire and thunder on others they consider “Children of a lesser God” is mechanized, religio-political bigotry. It is not economic; it is not moderates versus extremists.
Second, as a child survivor of the 1967-1970 Nigeria-Biafra war, I know the familiar consequences of mis-analyzing and understating the militarized, offensive moves of bigots, especially armed and well-funded groups such as Nigeria’s Boko Haram.
I will close this brief response, for now; and available to debate the Boko Haram and Nigeria’s religio-political crises, here and elsewhere. •Dr. Chido Nwangwu, moderator of the Achebe Colloquium (Governance, Security, and Peace in Africa) December 7-8, 2012 at Brown University in Rhode Island and former adviser on Africa business/issues to the Mayor of Houston, is the Founder & Publisher of Houston-based USAfrica multimedia networks since 1992, first African-owned, U.S-based newspaper published on the internet USAfricaonline.com; CLASSmagazine, AchebeBooks.com, the USAfrica-powered e-groups of AfricanChristians, Nigeria360 and the largest pictorial events megasite on the African diaspora www.PhotoWorks.TV . He was recently profiled by the CNN International for his pioneering works on multimedia/news/public policy projects for Africans and Americans. e-mail: Chido247@Gmail.com wireless 1-832-45-CHIDO (24436).
Nigeria’s Federal Republic of Insecurity. By Chido Nwangwu, Publisher of USAfrica, USAfricaonline.com and the Nigeria360 e-group. http://usafricaonline.com/2011/12/17/nigeria-federal-republic-of-insecurity-by-chido-nwangwu/
IF any of the Nigerian President’s 100 advisers has the polite courage for the extraordinary task of reminding His Excellency of his foremost, sworn, constitutional obligation to the national interest about security and safety of Nigerians and all who sojourn in Nigeria, please whisper clearly to Mr. President that I said, respectfully: Nigerians, at home and abroad, are still concerned and afraid for living in what I call Nigeria’s Federal Republic of Insecurity. FULL text of commentary, exclusively, at USAfricaonline.com http://usafricaonline.com/2011/12/17/nigeria-federal-republic-of-insecurity-by-chido-nwangwu/