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Six Under Consideration To Replace Sanusi As CBN Governor - Business (3) - Nairaland

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Re: Six Under Consideration To Replace Sanusi As CBN Governor by IGBOSON1: 1:05am On Oct 30, 2013
Chino72: Chike Obi is the most qualified..

^^^This is Nigeria; we don't do 'most qualified' when searching for public officials.......esp' if another 'most qualified' from the same region/ethnicity recently left the seat!
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Zet72(m): 1:07am On Oct 30, 2013
undecided I hope that musterpher chike abi is not a Muslim, because it's taboo in Anambra......
Re: Six Under Consideration To Replace Sanusi As CBN Governor by amakenny: 1:07am On Oct 30, 2013
Appointment to man a country's Central Bank must go to the most professionally qualified. Or, as well as considering qualifications, must Nigeria continue to use quota system or consideration of a candidate's geopolitical zone to employ its Central Bank governor?? Do prosperous countries in Europe, Americas and Asia also use quota system or consder ethnicitty or geopolitical background, aside professonal qualification to fill such position as Central Bank Governor? Must Nigeria be continued to be held hostage by a system that has failed it all the years regarding recruitment of experienced professionals to fill proffessional positions?

1 Like

Re: Six Under Consideration To Replace Sanusi As CBN Governor by idupaul: 1:16am On Oct 30, 2013
Chike Obi is clearly the most competent and possesses the right frame of mind that would be necessary when that opium psycho Sanusi Lamido leaves .

3 Likes

Re: Six Under Consideration To Replace Sanusi As CBN Governor by IGBOSON1: 1:20am On Oct 30, 2013
amakenny: Appointment to man a country's Central Bank must go to the most professionally qualified. Or, as well as considering qualifications, must Nigeria continue to use quota system or consideration of a candidate's geopolitical zone to employ its Central Bank governor?? Do prosperous countries in Europe, Americas and Asia also use quota system or consder ethnicitty or geopolitical background, aside professonal qualification to fill such position as Central Bank Governor? Must Nigeria be continued to be held hostage by a system that has failed it all the years regarding recruitment of experienced professionals to fill proffessional positions?

^^^And this is a major part of the reason why we are still at the crawling stage! The annoying thing is that -for as long as Nigeria maintains the present set up- this rubbish will continue!

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Re: Six Under Consideration To Replace Sanusi As CBN Governor by Nobody: 2:27am On Oct 30, 2013
idupaul: Chike Obi is clearly the most competent and possesses the right frame of mind that would be necessary when that opium psycho Sanusi Lamido leaves .

Chike Obi is actually not qualified for this job. A first class in mathematics cant' do the job of an Economist, especially one where macro economics is the main thing. There's nothing that's taught in Stanford MBA that prepares one for the job of CBN governor. CBN governor should be a well seasoned economist. Nothing more. Not lawyers, not mathematicians etc.

GEJ-a completely corrupt, incompetent and clueless president-made same mistake when he appointed Aganga (just because he worked at Goldman Sachs) as Minister of Finance. It was difficult for the microbiologist to even prepare an acceptable budget. Aganga is more of an investment banker, not an economist. I am not surprised he's doing well as Minister of Industry, Trade and Investment.

Put a round peg in a round hole. Look for a well seasoned Nigerian economist from anywhere in the world, don't limit everything to Nigeria local league populated by folks whose careers are nurtured by quota system. If anything, we should take a cue from Britain a la the article below:

THE Premier League’s transfer window does not open until January but George Osborne, Britain’s chancellor of the exchequer, has done some early dealing. Mark Carney, currently the head of Canada’s central bank, will be the Bank of England’s new governor, when Sir Mervyn King steps down next June. “He is quite simply the best, most experienced and most qualified person in the world to do the job,” said Mr Osborne in a press statement. This is somewhat like saying Lionel Messi, Barcelona’s striker, is the best man to lead Arsenal’s attack: the hyperbole is warranted; it is just that few ever thought Mr Carney, like Mr Messi, could be hired by another team.

The case for getting in a star from another country was powerful. From next year the Bank of England will resume the job of supervising and regulating individual banks. It will be given “macro-prudential” tools, such as tweaking bank-capital requirements over the business cycle, to keep the financial system safe. And it will continue to set monetary policy to control inflation. Mr Carney knows a lot about all three aspects of his new job. He has international pedigree. He chairs the Financial Stability Board (FSB), the body that has become an executive arm of the G20, and whose previous chief was Mario Draghi, now head of the European Central Bank.

His other great virtue is that he is an outsider, both to the bank and to Britain. Paul Tucker, who had been favourite for the job, is the closest home-grown candidate to matching Mr Carney’s skills set. But as one of the bank’s senior executives, he is tainted by its past failings, however unfairly, including its slow initial response to the financial crisis. Mr Carney, by contrast, will bring some welcome fresh air to an institution that has often seemed insular and with too strong a hierarchy to allow challenges to its closely held articles of faith.

It helps that on Mr Carney watch, Canada has been one of the few rich countries to have come through the financial crisis largely unscathed. He is a good communicator, and diplomatic skills will be needed to mediate conflicts between the bank’s various policy arms.

Mr Osborne has pulled off a coup by hiring him, but there are risks in any appointment. Although several foreign-born economists have already served on the bank’s monetary-policy committee with distinction, it is a different challenge being the face and voice of the central bank. Mr Carney may have judged that so depressed are spirits about the British economy, that any bad news he has to deliver will not be blamed on him. A more uncomfortable precedent is that the Bank of Canada now has to fill his boots (Mr Carney’s term was due to end in 2015). If President Obama came calling when Ben Bernanke’s term at the Federal Reserve ends in January 2014, could the Bank of England refuse to release him, having itself poached him from another central bank?

One of Mr Carney’s first challenges in Britain is to persuade Mr Tucker, who has invaluable experience and know-how, to stay on as the deputy governor in charge of financial stability. Mr Tucker has spent his whole career at the bank but may feel that a big-money transfer to the City may be the best way to salve his wounded career plans. That would be a pity. So vast is the bank’s new remit, that no single person can manage it adequately. Mr Carney will need all the help he can get.
http://www.economist.com/blogs/schumpeter/2012/11/bank-englands-new-governor

Carney completed a bachelor's degree in economics at Harvard in 1988. He later attended St Peter's College, Oxford where he received an MPhil in economics in 1993, and Nuffield College, Oxford where he received a DPhil in economics in 1995.

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Re: Six Under Consideration To Replace Sanusi As CBN Governor by cardoso111(m): 2:50am On Oct 30, 2013
Sanusi at the end of his tenure will be remembered for his achievements in establishing NUBAN , big kudos to him for harmonizing all banks nomenclature
Re: Six Under Consideration To Replace Sanusi As CBN Governor by kobikwelu(m): 2:52am On Oct 30, 2013
You and i know that the job of the CBN Governor goes beyond the skill set of an Economist....because the CBN governor steers not only monetary policy, but fisical policy....

Talking about core experience....

Chike obi comes to mind, but the vultures on here will turn it into a tribal feeding frenzy...

make i commot before they break my head for here....
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Nobody: 3:25am On Oct 30, 2013
bigass: dont be deceived its yoruba's turn grin

Mtchewwwww. Rubbish!! How did you know it's their turn??
Re: Six Under Consideration To Replace Sanusi As CBN Governor by 2rutalk1: 3:29am On Oct 30, 2013
Holding other factors constant, it is pure disregard for specialiazation to allow Lawyers and other non~financial experts to manage the apex bank when there are vibrant and experienced Economists in the country. Good understanding of monetary and fiscal policies is very important in managing the country`s apex bank. How can a Lawyer who lacks knowledge of introductory econometrics make sound decisions in research analysis and modelling, which are key in monetary policy. The job of a CBN Governor goes beyond managing country`s money supply.
Re: Six Under Consideration To Replace Sanusi As CBN Governor by 2rutalk1: 3:34am On Oct 30, 2013
kobikwelu: You and i know that the job of the CBN Governor goes beyond the skill set of an Economist....because the CBN governor steers not only monetary policy, but fisical policy....

Talking about core experience....

Chike obi comes to mind, but the vultures on here will turn it into a tribal feeding frenzy...

make i commot before they break my head for here....
so in your own understanding, fiscal policy is beyond the skill set of an Economist? I tire fore some people oo
Re: Six Under Consideration To Replace Sanusi As CBN Governor by whitecat007: 4:34am On Oct 30, 2013
Omo ale kare! Omo abi fobo jona
born2fuck: a yoruba boy from ijebu should not be allow, preferable ibo should return there because I enjoyed tenure of charles soludo....sanusi worsen investment and make money difficult in investment area, reduced fixed deposit.....
Ibo boy should return jooh, dem sabbi money die
Re: Six Under Consideration To Replace Sanusi As CBN Governor by AroOkigbo(m): 4:36am On Oct 30, 2013
musiwa112: what i think is Dr Sarah Alade is a better replacement for ngozi iweala. iweala is 60 or so. and you dont want to hand over that ministry to a core northerner, she is from kogi state. and when they want to replace iweala. you have to have someone not from the core north. they will crash the economy. so Dr Sarah Alade will be a prefect replacement for iweala.. because of her experience because you have to plan anything can happen to iweala and you have to have a standby replacement for iweala. Dr Sarah Alade will be my nomination for iweala replacement. when she want to be replace. because she has all the experience to run the economy well. you have to have a standby.
The topic is about the CBN governor not Minister of Finance! Always stick to the topic! The next time you display a similar diversionary posting, I wont take it lightly with you.

2 Likes

Re: Six Under Consideration To Replace Sanusi As CBN Governor by whitecat007: 4:38am On Oct 30, 2013
grin grin grin cool
Na our son
ZUBY77:

Why am I not surprised?

Why not Peter Obi?
Or Obi of Onitsha
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Nobody: 4:49am On Oct 30, 2013
THATS WHY THIS GODFORSAKEN COUNTRY WILL NEVER MOVE FORWARD
EVEN FOR SENSITIVE POSITIONS WE HAVE TO TRIBALISE EVERYTHING
FEW PEOPLE ARE LOOKING AT QUALIFICATIONS OR TRACK RECORDS
IT HAS TO BE REGION/TRIBE
AND THATS THE SAME BULLSHIT ATTITUDE PEOPLE USE TO GO AND VOTE
THEN THEY WILL COME BACK GRUMBLING
SMH

3 Likes

Re: Six Under Consideration To Replace Sanusi As CBN Governor by iGeneral: 5:52am On Oct 30, 2013
Henry Boyo is the most qualified.
Re: Six Under Consideration To Replace Sanusi As CBN Governor by gbeseun(m): 6:06am On Oct 30, 2013
Make una dey deceive una sef with ur post,sanusi has annointed AIG and he has already received the blessing of aunty okonj,bet it AIG will be the next bank boss
Re: Six Under Consideration To Replace Sanusi As CBN Governor by thaoriginator: 6:22am On Oct 30, 2013
danny301:

And when will it be the turn of the Igallas, Nupes Urhobos, Benis etc?
LOL! Are those Nigerians?

1 Like

Re: Six Under Consideration To Replace Sanusi As CBN Governor by gbanikiti(m): 6:24am On Oct 30, 2013
Since women are occupying the key ministerial posts,I support Sarah Alade. She should join the female gang too. What a man can do,a woman does it perfectly well grin cool

Oh! I miss Dora Akunyili so much! embarassed
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Nobody: 6:36am On Oct 30, 2013
It's very unfortunate that people place ethnicity or whatever as a yardstick to choosing the CBN gov.
instead of considering persons with the required experience and intellectual acumen.

NB: that you are a Finance expert doesnot qualify you for the job let alone a Lawyer! We need someone with Economics background who also has global Economy perspective and who understand the concept of monetary and fiscal policies!
Re: Six Under Consideration To Replace Sanusi As CBN Governor by victorlexa(m): 6:58am On Oct 30, 2013
Mehn see some of deir educational history- 1st class in dis and dat... Oh God help me to achieve dis

1 Like

Re: Six Under Consideration To Replace Sanusi As CBN Governor by Sunny360: 6:59am On Oct 30, 2013
Aigboje Aig-Imokuede should be the next CBN gov. He's garnered xperience...& wil show 'pepper' to oil marketers(a.ka. oilthieves).
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Itsalphaa(m): 7:07am On Oct 30, 2013
my pupsi will do a great job!
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Itsalphaa(m): 7:11am On Oct 30, 2013
SLIDE waxie: Warefa! undecided
Chelsea still beat arsenal..
and they did beat arsenal grin
SLIDE waxie: Warefa! undecided
Chelsea still beat arsenal..
and they did beat arsenal
Re: Six Under Consideration To Replace Sanusi As CBN Governor by otokx(m): 7:30am On Oct 30, 2013
Its our turn (south south) to rule.
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Godswillu(m): 7:35am On Oct 30, 2013
Peterwins: From the listed six contenders (though others exist), I will pick Dr Sarah Alade because:



She will need to lobby the world bank, IMF, the Presidency and most importantly GOD to get the job. I will be glad if she becomes the first female CBN governor in Nigeria just as we now have the first female CJN heading the judiciary.





So she can buy two big car like her friend.
Re: Six Under Consideration To Replace Sanusi As CBN Governor by scobaba: 7:40am On Oct 30, 2013
Maybe sanusi should get another 5yrs.

The guy no just send anybody. grin

He dragged so much attention to CBN.

Newspapers, news stations, channel o, mtvbase, nite clubs, family meeting, love dates.....everywhere u go, sanusi and cbn talk...lol.

Whether d attention was for economic good or not is gist for another day. cheesy
Re: Six Under Consideration To Replace Sanusi As CBN Governor by benebaby77: 7:40am On Oct 30, 2013
danny301:

And when will it be the turn of the Igallas, Nupes Urhobos, Benis etc?
please.... Are those things you mentioned in Nigeria?
Re: Six Under Consideration To Replace Sanusi As CBN Governor by sultanemerald(m): 7:41am On Oct 30, 2013
phreakabit:

What sort of disgusting oddity of a name is this? Mustafa and Chike at the same damn time?

chukwuma kaduna nzeogwu.
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Nobody: 7:41am On Oct 30, 2013
Oh God! Give us a good Governor.
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Nobody: 7:43am On Oct 30, 2013
people leave sentiments. whether north, west, south or east, let the most qualified get the job done.
Re: Six Under Consideration To Replace Sanusi As CBN Governor by Nobody: 7:58am On Oct 30, 2013
President Goodluck will give it to a Yoruba man, no doubt!

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