{"id":24206,"date":"2014-03-12T14:21:03","date_gmt":"2014-03-12T13:21:03","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=24206"},"modified":"2014-03-12T14:21:03","modified_gmt":"2014-03-12T13:21:03","slug":"my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/","title":{"rendered":"My bone of contention with Obasanjo is my N500m \u2013 Orji Uzor Kalu"},"content":{"rendered":"<p style=\"text-align: justify;\">\u00a0Former President Olusegun Obasanjo has been described as the worst leader ever produced in the country since the advent of democracy in 1999.<\/p>\n<div id=\"entryContainer\" style=\"text-align: justify;\">\n<div>\n<p>The former governor of Abia State, Dr. Orji Uzo Kalu made this known at a lecture on youths empowerment and good governance at the University of Nigeria Nsukka, UNN, Tuesday, adding that there was no transparency in government through out the eight years of Obasanjo\u2019s regime.<\/p>\n<p>Kalu noted that his problem with Obasanjo started in 1999 when he single handedly financed the People Democratic Party, PDP, lending the party N500 million which he borrowed from the defunct Hallmark bank, but which the former president asked the then PDP National Chairman, Chief Barnabas Gamade not repay.<\/p>\n<div id=\"entryContainer\">\n<div>\n<p>\u201dAs if that was not enough, the former president closed Slok Airlines (owned by me) as it landed at the Akanu Ibiam International (then Enugu) Airport without explanation; shut down Hallmark bank. It was then that I know the problem had begun,\u201d he said.<\/p>\n<p>He further said that re-payment of the N500 million loan formed the major reason for his disagreement with Obasanjo till date, pointing out that he was arrested by Economic and Financial Crime Commission, EFCC, immediately he stepped out of office and charged with money laundering before both the United kingdom and America came to his rescue.<\/p>\n<p>Kalu pointed out that despite all the setbacks faced by the Slok Group of Companies, it had no fewer than 13,000 in it\u2019s pay roll and planned to employ up to 25,000 Nigerians within the next two years.<\/p>\n<p>According to Kalu, youths unemployment was the biggest social problem in Nigeria today as only about 50 percent of the people were gainfully employed.<\/p>\n<p>He noted that it was only in Nigeria that thousands of graduates remain unemployed years after graduation, saying that institutions get licensed without commensurate provision for employment of youths. Earlier in his opening remarks, the Vice Chancellor of the UNN, Prof. Bartho Okolo said that the country had 23.9 per cent unemployment rate, implying that every 30 people out of 100 were unemployed.<\/p>\n<p>Okolo was represented on the occasion by the Deputy Vice Chancellor (Academic), Prof Polycarp Chigbu<br \/>\nOkolo, said that the situation was worse for the youths because unemployment which stood at 50 percent in 2013 indicated bleak future for the ever increasing graduates of tertiary institutions in Nigeria.<\/p>\n<\/div>\n<\/div>\n<p>&#8211; See more at:\u00a0<a href=\"http:\/\/www.vanguardngr.com\/2014\/03\/bone-contention-obasanjo-n500m-orji-uzor-kalu\/#sthash.BGIqKwnE.dpuf\" target=\"_blank\">http:\/\/www.vanguardngr.com\/2014\/03\/bone-contention-obasanjo-n500m-orji-uzor-kalu\/#sthash.BGIqKwnE.dpuf<\/a><\/p>\n<\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>\u00a0Former President Olusegun Obasanjo has been described as the worst leader ever produced in the country since the advent of democracy in 1999. The former governor of Abia State, Dr.&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":24207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-24206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>My bone of contention with Obasanjo is my N500m \u2013 Orji Uzor Kalu - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"My bone of contention with Obasanjo is my N500m \u2013 Orji Uzor Kalu - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"\u00a0Former President Olusegun Obasanjo has been described as the worst leader ever produced in the country since the advent of democracy in 1999. The former governor of Abia State, Dr.&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2014-03-12T13:21:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2014\/03\/kalu.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"My bone of contention with Obasanjo is my N500m \u2013 Orji Uzor Kalu\",\"datePublished\":\"2014-03-12T13:21:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/\"},\"wordCount\":408,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2014\/03\/kalu.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/news\/my-bone-of-contention-with-obasanjo-is-my-n500m-orji-uzor-kalu\/\",\"name\":\"My bone of contention with Obasanjo is my N500m \u2013 Orji Uzor Kalu - 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