SPECIAL REPORT: About one-third of Nigeria’s ministers attended same university
Eighteen ministers also bagged degrees from foreign institutions. 5 min read
Thirteen of Nigeria’s current 44 ministers graduated from the Ahmadu Bello University, an extensive review of their official resumes have shown.
A PREMIUM TIMES’ review of the details further shows that all the 13 obtained only their first degrees from the 58-year-old institution formerly named the University of Northern Nigeria.
The only exemption is the Minister of the Federal Capital Territory, Muhammad Bello, who bagged both a bachelor’s and master’s degree in business administration from the university, in 1980 and 1987 respectively, after which he graduated from the International University of Africa, Sudan, in 1994.
Conference Chairman, Dr. Olusola John Dada (left); Council Member, Chief Oyemolu Akinsulire; Western Zonal Chairman, Mr. Alanis Samuel Adebayo; and other guests and officials of the Institute of Chartered Accountants of Nigeria (ICAN), at the ongoing ICAN Western Zonal Accountants’ Conference holding at the Redemption Camp, Mowe, Ogun State… Tuesday.The Director-General of the Lagos Chamber of Commerce and Industry, Dr. Muda Yusuf, and the General Overseer of The Redeemed Christian Church of God (RCCG), Past. Enoch Adeboye, said accounting professionals can do more to rescue the country’s economy.
The duo who spoke at the ongoing 15th Western Zonal Accountants’ Conference of the Institute of Chartered Accountants of Nigeria (ICAN) at the Redemption Camp, Ogun state, charged the professionals to take special in broad macroeconomic issues as well as disruptive technology and align their professional practice according.
• Policy will create billions of inappropriate money
• Measure will worsen inflation
• Ask FG to unify rates, fix imbalances to achieve stability
The Central Bank of Nigeria (CBN) may have jettisoned the planned exchange rate convergence for quick fixes in the bid to stabilise the foreign exchange (forex) market. x
This is coming about nine months after the Governor of the CBN, Godwin Emefiele, said the bank would continue to pursue FX rate unification programme around the Nigerian Autonomous Foreign Exchange Rate (NAFEX).
A source privy to the challenge in executing the exchange rate convergence told The Guardian yesterday the plan “is as good as dead” as the apex bank lacks the willpower to push through its plan.
Branch International, the leading digital finance app with over 20 million users, has announced the appointment of Dayo Ademola as Managing Director in Nigeria, effective immediately.
Ademola, a leader with over fifteen years of experience in global, consumer-centric companies such as MainOne, Rosetta Stone (USA) as well as Union Bank amongst others, will lead the Branch team with the key focus to provide Nigerians with great value through quality modern financial services
In her new role in Branch, she is expected to leverage her experience as a financial services and technology leader, drawing from her established operational excellence in innovation, business strategy, customer segmentation, strategic marketing, product positioning, product development and business performance management.
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Lekki Gardens, Nigeria’s indigenous real estate company, has appointed Mrs Emily Atebe as an executive director.
It disclosed this in a statement on Saturday titled ‘Former FBNQuest CFO, Emily Atebe, joins Lekki Gardens as executive director’.
The statement said Atebe was a seasoned financial management expert with over two decades of extensive work experience that cuts across leading industries including aviation, insurance and banking.
A thoroughbred professional, her expertise in strategic finance, investment banking and corporate finance among others, provided requisite leverage for her career progression which ultimately earned her several recognitions at the pinnacle of Nigeria’s banking industry, it stated.