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Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch (7962 Views)

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Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by chuksanambra: 7:48pm On Jul 02, 2023
mrvitalis:

What's here Msc holder

Compare his CV to oby ezekwesili then come back

What's Ezekwesili's highest degree? Masters.
So, what are you on about?

If she was so good, Obasanjo won't have put her in Solid Minerals before moving her to Education.
Even in Education, she was a failure. She brought about the longest strike in the history of government secondary schools.

2 Likes

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Femmyfamous4u(m): 7:53pm On Jul 02, 2023
chuksanambra:


You are talented in ignorance.
The person chosen to function in acting capacity is the longest serving of all the CBN Deputy Directors.

Longest serving does not translate to competence. Economist are better.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by grandstar(m): 7:55pm On Jul 02, 2023
omohayek:

As usual, the person you respond to has no clue what he's talking about. The most important financial appointment is the governor of the CBN, not the minister of finance. A finance minister's role is to source the funds to pay for the budget allocated by the NASS in its role as the legislative branch, not to determine economic policy. The role is therefore more a matter of balancing revenue-raising and borrowing. A minister of finance can certainly suggest to the NASS that certain items be prioritised over others, or that particular government entities be sold, etc., but that is merely a suggestion, which the NASS can ignore as it sees fit. What the role really needs is a person with backbone to push back against all the white-elephant and pork-barrel proposals that other ministers and legislators will insist on. This matters because Nigeria's debt-to-revenue ratio is so high that the only way to "finance" such proposals will be to print money, which will further fuel inflation.

The real question about any candidate's fitness for the role is whether that person has any experience with the financial markets, and knows how to raise capital on them at the lowest possible rate (and when the rates being demanded are too high to justify borrowing). Wale Edun not only has a Masters in Economics, he was also Commissioner for Finance for Lagos State from 1999-2007, so he clearly has experience raising funds through international bond markets. In addition, that Edun served right under Tinubu for 8 years suggests that he is close enough to Tinubu to reasonably expect Tinubu's backing when he starts saying "No" to the various pet projects of other ministers, APC senators, etc.

Thank you for the enlightenment.
.
So, who determines economic pol8cy?
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by mrvitalis(m): 8:13pm On Jul 02, 2023
chuksanambra:


What's Ezekwesili's highest degree? Masters.
So, what are you on about?

If she was so good, Obasanjo won't have put her in Solid Minerals before moving her to Education.
Even in Education, she was a failure. She brought about the longest strike in the history of government secondary schools.
Oby won't be my ideal candidate but she has held better position, more international position
3 masters in the relevant field... More experienced
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by OlujobaSamuel: 8:25pm On Jul 02, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down
This is the 2nd time you are making this assertion. Emefiele was never an Accountant by profession or qualification, he is a Banker.
A CBN governor should be an Economist, while a Finance Min could be an Economist or Accountant. NDIC head should be a core Banker

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by ican2020: 8:26pm On Jul 02, 2023
Allow only professional Economists to take charge of finance ministry Mr president
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by kayusely70(m): 8:42pm On Jul 02, 2023
ayomilore:
Abiru for finance
He's like to be the one or Edun, Tinubu's finance commissioner.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by HenryTimes: 8:45pm On Jul 02, 2023
mrvitalis:

You want a SSCE hold to lead a ministry with probably 15 PhD holders

Where would he get the knowledge to perform from?

But the constitution allows an SSCE holder to lead a country with probably 15 million PhD holders.

He will definitely get the knowledge from where the president gets his own
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by mrvitalis(m): 8:54pm On Jul 02, 2023
HenryTimes:


But the constitution allows an SSCE holder to lead a country with probably 15 million PhD holders.

He will definitely get the knowledge from where the president gets his own
Nigeria has less than 4 million university, poly and COE graduates sir

About 2.5 million
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by HenryTimes: 8:57pm On Jul 02, 2023
mrvitalis:

Nigeria has less than 4 million university, poly and COE graduates sir

About 2.5 million

OK, let me correct myself; but the constitution allows an SSCE holder to lead a country with probably 2 MILLION PhD holders. Where would he get the knowledge to perform?

The Minister will definitely get the knowledge from where the president gets his own
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by 2mch(m): 9:00pm On Jul 02, 2023
mrvitalis:

The minister of finance in Nigeria also serves as minister of economy or as they call it coordinating minister of the economy

They provide the fiscal framework for the government to achieve their developmental goals
Revenues is handled by FIRS under ministry of finance
Accountant general balance the revenue n expenditure

The minister of finance is manly outlining fiscal policy to stimulate growth of the economy


This is a very simplified version
Oga you just de yarn dust. You don’t even know the difference between an Accountant and an Economist. An Accountant should be Minister of Finance while Economist CBN Governor. An Accountant can even be both and succeed. Accountant specialization is more vast than an Economist. They also work in Economist environments. Economist create policy, accountants implement it. Economist do not even know how to balance books or the impact of their policies. Accountants do!

Forget all the fancy PhD here and there. Accountants are very capable. Pinnacle of Finance profession. Any industry and any specialization, they will do well if you find one that knows what they are doing. Tinubu is an Accountant, that is why he understands impacts of Economic policies better than even Emefiele.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by mrvitalis(m): 9:00pm On Jul 02, 2023
HenryTimes:


OK, let me correct myself; but the constitution allows an SSCE holder to lead a country with probably 2 MILLION PhD holders.

He will definitely get the knowledge from where the president gets his own
Dont u think it's the reason we are these undeveloped?
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by HenryTimes: 9:16pm On Jul 02, 2023
mrvitalis:

Dont u think it's the reason we are these undeveloped?

Thank you very much.

Now you get my point. If you like have 5 msc, 3 PhD even be a professor, so long as the person you're reporting to is not sound enough (cognitive, affective and psychomotor) just forget it. If we must succeed as a country, we need to do away with 1999 constitution first.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by saysoo: 9:18pm On Jul 02, 2023
dre11:

•Buhari submits nominee for Katsina

•Tinubu wades into choice of candidate from Kano






https://tribuneonlineng.com/exclusive-ministerial-list-serving-senators-ex-bank-ceo-others-make-first-batch/

Nlfpmod
He did it in Lagos, every time. Na only him rule Lagos? IBB's third mainland bridge is bigger than all the projects him and his cronies did.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by sukar886: 9:18pm On Jul 02, 2023
Criminals, the same people
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Jman06(m): 9:28pm On Jul 02, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down
A medical lab scientist with postgraduate qualifications in hospital administration will make a better leader of a teaching or general hospital than a medical doctor without training in hospital administration. Our hospitals and healthcare system generally has remained abysmally poor because of poor leadership skills of successive medical doctors who have led the system over the years!

If you ask them they'll blame the government for poor funding, but the truth is that no matter how much the government throws into our healthcare system, without good administrators managing the system, we'll continue to record poor healthcare delivery in Nigeria.

I wish Tinubu's government will be wise enough to change the status quo by appointing competent and unbiased administrators who are not medical doctors to run our health sector. But alas, they'll continue to repeat the same mistakes with no better result!

2 Likes 1 Share

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by omohayek: 11:17pm On Jul 02, 2023
grandstar:


Thank you for the enlightenment.
.
So, who determines economic pol8cy?
The President can make economic proposals and use the megaphone afforded by the office to pressure the legislators to work to realize those proposals, and the President can also appoint the ministers who will implement whatever proposals are passed into law, but ultimately it is the legislature that actually passes bills, including the financial ones. The speaker of the House and the leader of the Senate are therefore key players here, and even if Peter Obi had somehow managed to pull of the miracle of actually winning the election, the fact that both of these two positions would remain in APC hands would have doomed him to a single utterly failed term anyway, as they would deliberately have frustrated any proposals he would have put forward. An Obi "mandate" would just have meant 4 years of total paralysis and mutual finger-pointing, with the only real "benefit" being the ego satisfaction it would have given to many Igbos finally seeing "their son" in Aso Rock.

At the end of the day, the President is - at least in theory - only a chief executive, responsible for implementing the legislation passed by the people's representatives. Under a system of division of powers, a President's power to deliver on promises of change goes only as far as the power to get majorities in both houses of the NASS to go along with the promises. Here is where Tinubu truly stands out from Atiku and Obi: say what you will about how exactly Tinubu has managed to obtain so much leverage over the APC reps and senators, but the fact is that he does have it, and when he wants something, he knows how to get enough of them to agree to it. Atiku couldn't even manage that much with Wike and the disaffected governors within the PDP, while Obi's case would have been hopeless as I've explained above.

3 Likes 1 Share

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by HugeElephant(f): 12:11am On Jul 03, 2023
Femmyfamous4u:


Wait bros, I am an Economist and a chartered accountant. So, I am an all rounder. I strongly believe that an accountant that have held many roles in taxation, audit, treasury, Payroll and all for many years can comfortably handle the economy.

All of una dey ment ..naa hunger dey worry una.
If not, you would have known that the economy will get worse except subsidies is put back
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by jumper524(m): 1:08am On Jul 03, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down
so you want us to beleive an economist is an expert in monetary policy and auditing while an accountant knows nothing about economics.
Jokes on you.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Dracula123: 1:24am On Jul 03, 2023
What's your problem with an accountant and why saying an accountant is not a manager?
A chartered accountant is not just your regular accountant and someone with banking, taxation and financial knowledge with relevant experience can serve in any of the above position.
I'll be very angry if you are not a chartered accountant and just pretending you know what they know



mrvitalis:

Fical is minister of finance
Monetary is CBN

None of the two should be handled by an accountant

The economic team needs an accountant which is who... Accountant general of the federation

Working in a bad have 100 years experience can't qualify you for being a CBN governor or minister of finance they are not the same at all

Two different worlds apart one is micro economics the other is macro economics they use different principles theories, approach

Micro is purely numbers, profit and that

Macros has to do with a whole lot more

Political climate, population demographics, external influence, global market analysis, government policies and goals

This is why Buhari failed... I warned before we are warning again

An accountant should never be CBN governor at all worse is minister of finance

Get a manager, or economics, risk analysis, even a marketer is better fit than accountant
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Rolings: 3:24am On Jul 03, 2023
PlayMaker14:
[/b]


Recycling of old politicians, friends and families, while the young "Ronu" chaps are left with social media bigotry fights for a paltry sum.

It will be foolish to do away with ALL the old political friends and families.
It will even be a betrayal to the people that worked and supported you during campaigns.
Please don't do that if you find yourself in the corridors of power.

Besides didn't they say Old friend are most timeas better than new ones
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Rolings: 3:35am On Jul 03, 2023
Jman06:


I wish Tinubu's government will be wise enough to change the status quo by appointing competent and unbiased administrators who are not medical doctors to run our health sector. But alas, they'll continue to repeat the same mistakes with no better result!

The medical doctors are the problems here . They are at logger head with other professionals in the industry over hospital administration even when its glaring they are very bad administrators . I mean hospital administration is different from being the medical director and there are professionals whose duty is to manage health facilities.

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by MTNnews: 6:24am On Jul 03, 2023
How many Ipob member n Obidaftis did Pandoraa Obi chose into his campaign team or foolish cursed headed ipob Jews only deserve to be making noise on social media like you your father n mother are doing right now.


PlayMaker14:
[/b]
Recycling of old politicians, friends and families, while the young "Ronu" chaps are left with social media bigotry fights for a paltry sum.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by MTNnews: 6:27am On Jul 03, 2023
Don't mind Tinubu they should all have been from Anambra cos your papa get 3 sensless heads

kettykin:
Jokers, wike will replace Amaechi as minister for Avation, the minister for labor will come from Anambra, the minister of foreign affairs from enugu. The minister of finance will come from ogun, defence minister will come from the north, maybe Borno.

The cycle continues
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by WorldRichest: 6:27am On Jul 03, 2023
PlayMaker14:
[/b]


Recycling of old politicians, friends and families, while the young "Ronu" chaps are left with social media bigotry fights for a paltry sum.

You will weep for long. 16 years of crying and wailing
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by MTNnews: 6:29am On Jul 03, 2023
Exactly what is being done in Anambra Enugu Abia etc. Nigeria need a break from the foolishness of this lunatic governing them.



Betanaija42moro:
Politicians keep recycling themselves from on office to another
Flets:
Same old criminals
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by WorldRichest: 6:29am On Jul 03, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down

Kemi Adeosun is an accountant, and she managed the Economy very well until Buhari brought an Almajari to replace her.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by PlayMaker14: 6:31am On Jul 03, 2023
MTNnews:
How many Ipob member n Obidaftis did Pandoraa Obi chose into his campaign team or foolish cursed headed ipob Jews only deserve to be making noise on social media like you your father n mother are doing right now.


Sorry if you lost your own parents in a tragic manner...

Since you don't have sense.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by WorldRichest: 6:33am On Jul 03, 2023
ayomilore:
Abiru for finance

Not bad. Let him bring back that CBN former deputy governor Adedibu or Adelabu who contested as Oyo governor under APC. The crook was there for some years, he should be a good fit. Or former Wema Bank MD and former deputy governor of CBN Tunde Lemo. Sanusi Lamidi from the North and Godwin Emefielelelele from the East have both mismanaged the CBN, let a Westerner come and show his skills

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