Nigerian Police In Uniform Engaged In                    Abnormal Behaviors

                                                 

Banks' unethical practice destroying economy, Economic and Financial Cries, (EFCC) cries out.

        Whistle blower:  The case of Air Nigeria’s John Nnorom

                One day after the Dana Air crash of June 3, John Nnorom, a former executive of Air Nigeria disclosed to public what might really lead to this air crash tragedy.

                 The whistle blower blamed the chairman of the organization named  Jimoh Ibrahim of not taking serious the matter of maintenance  of planes of the company rather used the fund for his personal use.  John Nnorom  said a huge amount of money that is N35 billion which was taken as loan to finance  Air Nigeria is also took another  routine and invested in NICON Investment Ldt, mostly known as Wonder Bank. Engineers of same company were also forced to allow planes that were not supposed to fly and went on for strike because of this inhuman behavior by their manager.

                 But Air Nigeria denied what was said by the whistle-blower. They also said Nnorom did not know anything about maintenance of aircraft before his dismissal from the company. Air Nigeria called on the public at large to disregard the sabotage of the company. The company is trying not to compromise their integrity and keep up the good reputation they used to have because such horrible catastrophe never happens to them, no accident and no emergency landing.

        Two different stories are mentioned above, which one true?

                 If the whistle blower allegations are real, Government agencies would thoroughly investigate the airline. If it happens to be wrong, the question would be for what reason or gain would he do such a thing? But if he is guilty for his action charges would be against him. However being guilty does not mean that the person is lying because criminals may state the truth and honest people can lie.

                 Currently the investigation is still on process and I will keep on updating if there is any other vital information.

                                               Ecuador and corruption

            Base on corruption index, Ecuador is among the most corrupted country in the world. narrowly we have two factors contributing  negatively to this.

                                     Economic development 
            Government instability in the country has a serious impact in the economy which could discourage potential investors. And it also said that the country is facing a balance of trade because of its heavy dependance on primary merchandises for export. meaning while without sustenance from external investors, is more likely that the country would not be able to grow more profitable. 
This is also another strong example of liability to the economic development of Ecuador. media reported  allegedly the business man, the brother of president signed public sector contract to corporation. but the president invalidated the contract.

                                       pubic sector wages

Pubic sector wages seems to be very poor. 60 percent of economically active Ecuadorian turns to be informal economy for employment . Informal workers, rather support themselves by working for small businesses or vending things illegitimately (without licenses or revenue reports to the state) in city areas or marketplace than working for the state or standard private body.Vendors  arrange  kiosks in town and sell stuffs to passers-by. The shortage of money has led to kid labor. Children shin shoes or vending candy on the roads to support their parents' income. 

      All these could explain why the country is so corrupted.and it is a strong brake to economic growth. Several methods could be put into consideration to eradicate the problems. Then it would bring potential investors, create employment and many more development which would transform the country positively and wipe out corruption completely.

 

 

Ethics comes from the Greek word ethos meaning character.
Ethics is a set of principle of right conduct or amoral guide which govern good behavior.
So behaving morally is doing what is right.But one's should bear in mind that acting or behaving ethically is not quite the same thing as behaving lawfully.
 

Hi

My name is Adamu S. Sali Goni. I was born in Adamawa State in Nigeria and brought up in Cameroon . My nursery, primary and post primary school was in Cameroon. As we all know, Cameroon is bilingual country,  French and English used as their official languages. However, all my studies was in french except now that i switched to English. I am currently schooling in the American University of Nigeria, majoring in business and concentrating in accounting. I also run a business while schooling because it has always being my dream to do so. 

I am enrolled in a class called Business Ethics and Entrepreneurship which is also the reason of the existence of my blog. Hopefully you would enjoy my update as I expect you to stimulate me with your interesting comments. 

No regret