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CBN Spends 6 Billion Naira On Abu Business School - Education (2) - Nairaland

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Re: CBN Spends 6 Billion Naira On Abu Business School by Moiking(m): 8:11am On Nov 26, 2017
good news jare any news on resumption date?
Re: CBN Spends 6 Billion Naira On Abu Business School by eagleeye2: 8:14am On Nov 26, 2017
GogobiriLalas:
That's a huge target practice for Boko haram...well done Bubu
Exactly my thoughts. One brainwashed mofo will just go there and detonate a bomb.
Re: CBN Spends 6 Billion Naira On Abu Business School by ewebiodun: 8:19am On Nov 26, 2017
irynterri:
how do you plan to legally make money without learning the art and science of selling and buying, without learning financial implications, without studying money and how it flows?, yes,you can get rich without going to a business school but it is to the level of 20shops in onitsha with "mkpu na eri ego" chieftaincy title, but if you want to be rich in dollars with multinational companies and get involved in stock market please invest in a good business school, that is the difference between the owner of slot and other business men in computer village, if you want to be a doctor, you study medicine in a medical college, if you want to be a lawyer,study law in a law department,if you want to control money in dollars, study money in a business school, so the question should be how many of our LEGIT rich men did not go to a business school?
You are partially right but mostly wrong in ur assertions up there!!
Re: CBN Spends 6 Billion Naira On Abu Business School by Sweetguy25: 8:41am On Nov 26, 2017
mrvitalis:

Unec

Where in unec?

1 Like

Re: CBN Spends 6 Billion Naira On Abu Business School by mariousroi: 8:42am On Nov 26, 2017
This is racism.Enough of this apartheid system in Nigeria.Is it a crime to be from the southern part of Nigeria.Just imagine.CBN should also give N6 billion to every Federal university in the country.
Re: CBN Spends 6 Billion Naira On Abu Business School by Excuzeme: 8:44am On Nov 26, 2017
playcharles:
CBN ( Central Bank of the North) and Northern part of this Nation are like 5 and 6... I hope they put it into good use... During Sanusi time the Central Bank of the North played a significant role in building Mosque in the North .. bless be to CBN and God pun**h all those who took part in governing this Nation between 1900 - 1963. sad sad tongue. ..... N6B to use build business school , which type of facility they inside were then wan use study business... please how can I travel out of this Nation

It seems this Buhari Govt is just all about the NORTH alone!
Everything, na for North e dey go!

I swear, any Southerner wey vote for this kind of Buhari-Nepotism again, thunder go fire am
. angry angry
Re: CBN Spends 6 Billion Naira On Abu Business School by otokx(m): 9:19am On Nov 26, 2017
They should enjoy, when GEJ was there he did not remember south south or Rivers State or Bayelsa. 6 billion would have done a whole lot at Federal University Otuoke.
Re: CBN Spends 6 Billion Naira On Abu Business School by EnkayDezign: 9:40am On Nov 26, 2017
chloride6:


Shut up, the CBN built the business school at Ibadan too.

Don’t mind am abeg, na blind sentiment dey worry am. I wonder why no one posts about the projects they do in the south, which are actually always bigger and more expensive than those they do in the North.
Re: CBN Spends 6 Billion Naira On Abu Business School by czaratwork: 9:57am On Nov 26, 2017
Our shaky shaky CBN governor, He is just doing everything to please the north so that he remains in office. He gives them job like he is from the north, he gives them access to BDC and now this. He is so afraid of loosing his job. So unlike Sanusi.
Re: CBN Spends 6 Billion Naira On Abu Business School by damilare442: 9:59am On Nov 26, 2017
irynterri:
how do you plan to legally make money without learning the art and science of selling and buying, without learning financial implications, without studying money and how it flows?, yes,you can get rich without going to a business school but it is to the level of 20shops in onitsha with "mkpu na eri ego" chieftaincy title, but if you want to be rich in dollars with multinational companies and get involved in stock market please invest in a good business school, that is the difference between the owner of slot and other business men in computer village, if you want to be a doctor, you study medicine in a medical college, if you want to be a lawyer,study law in a law department,if you want to control money in dollars, study money in a business school, so the question should be how many of our LEGIT rich men did not go to a business school?


Dangote
Otedola
Ayiri
Tony Elumelu
Jimoh Ibrahim
Iyin Ajiboye

Do you want more?


Its unreasonable to build a business school for 6bn. Nigeria's best business schools, Lagos Business school, how much was it built?

We nerd to start thinking in Nigeria. We need not attract sentiments and tribalism to all matters. This is one of the reasons why we won't grow. Our aged men are too weak to think in the right direction while the youths are uneducated literates.
Re: CBN Spends 6 Billion Naira On Abu Business School by playcharles(m): 10:05am On Nov 26, 2017
chloride6:


Shut up, the CBN built the business school at Ibadan too.

Well, I said central bank of the North, probably you meant central bank of the west. Kindly make your point next time without using some kind of language.

I'm so happy it was built, after all there is Zaria Business School opposite PZ, if you are going to ABU, Kongo Campus. Using N6B is what scare the hell outta me.
Re: CBN Spends 6 Billion Naira On Abu Business School by careidon: 10:32am On Nov 26, 2017
NB: this was during the SANUSI's term. He gave lavishly to Flood & Boko Haram victims too while other parts of the country with similar misadventure were not so helped or is it rewarded?

GEJ gave billions to establish 4 unis too o. What has been done by those evil civil servants who should have managed the funds?


@mariousroi - it's not a curse.
it is only the reason 9ja should restructure or reconsider her unity, AND DECIDE TO BETTER (i.e. INSTITUTIONALLY) FIGHT CORRUPTION.

I rem hearing at Landmark's opening, Covenant Univ. being set up with about N4b and Landmark UNI for N6b years later WITH ALL RESOURCES AVAILABLE unlike Covenant's construction;
yet if the Govt. gives exactly the same amount to our University Dons and or Ministry of Education - after 20yrs all you will get is the secondary sch they inherited built into longer rooms & architecturally dull lecture theaters ; there will be no adequate student hostel! only a wonderful well built VC/senate/admin office and esp the VC's personal residence(s) will be done to CU/ABUAAD & others standards.

1 Like

Re: CBN Spends 6 Billion Naira On Abu Business School by irynterri(f): 10:58am On Nov 26, 2017
damilare442:



Dangote
Otedola
Ayiri
Tony Elumelu
Jimoh Ibrahim
Iyin Ajiboye

Do you want more?


Its unreasonable to build a business school for 6bn. Nigeria's best business schools, Lagos Business school, how much was it built?

We nerd to start thinking in Nigeria. We need not attract sentiments and tribalism to all matters. This is one of the reasons why we won't grow. Our aged men are too weak to think in the right direction while the youths are uneducated literates.

with the exception of ayiri and the last person whose businesses I do not know, go and read up what dangote studied at bachelor and masters level, read also Elumelu's biography
Re: CBN Spends 6 Billion Naira On Abu Business School by damilare442: 11:46am On Nov 26, 2017
irynterri:
with the exception of ayiri and the last person whose businesses I do not know, go and read up what dangote studied at bachelor and masters level, read also Elumelu's biography

He has a bachelor's degree in business studies and administration from Al-Azhar University, Cairo.
That's Dangote.

But not an MBA. Do you know how an MBA school operates?

On Tony Elumelu, He attended Harvard in his latter years and not when he was coming up as an entrepreneur. He already had two degrees in Economics in Nigeria.

Iyin Aboyeji is the cofounder of Andela and founder of Flutterwave. He was listed in Forbes 30 under 30 2017.
Re: CBN Spends 6 Billion Naira On Abu Business School by freshdude99(m): 12:22pm On Nov 26, 2017
Pls I want to ask o
Has CBN or NNPC built any such business school in southern Nigeria?
I need answers pls

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Re: CBN Spends 6 Billion Naira On Abu Business School by ogabs20(m): 1:33pm On Nov 26, 2017
when you have the opportunity to visit the school and the business school in particular, you will discover that the money spent on the project worth every penny. we need development in our tertiary institutions cos that's where change start from
Re: CBN Spends 6 Billion Naira On Abu Business School by irynterri(f): 3:47pm On Nov 26, 2017
damilare442:


He has a bachelor's degree in business studies and administration from Al-Azhar University, Cairo.
That's Dangote.

But not an MBA. Do you know how an MBA school operates?

On Tony Elumelu, He attended Harvard in his latter years and not when he was coming up as an entrepreneur. He already had two degrees in Economics in Nigeria.

Iyin Aboyeji is the cofounder of Andela and founder of Flutterwave. He was listed in Forbes 30 under 30 2017.
I'm not here to argue with you, wait till you start plotting your way to Forbes list and you see your self researching for a good business school, thank God you acknowledged the fact that they studied business related programmes hence they are financial literates, how do you expect someone that studied biochemistry to fare well in biz without financial literacy NB business schools offer other programmes aside MBA
Re: CBN Spends 6 Billion Naira On Abu Business School by AkoEja: 3:54pm On Nov 26, 2017
We are talking about 3 billion naira? What about the $3 billion (approximately 1,400 billion naira) spent on looking for oil in Northern Nigeria, and guess what? Nothing was found!

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Re: CBN Spends 6 Billion Naira On Abu Business School by anonimi: 5:09pm On Nov 26, 2017
seguno2:
Yes oh.
Buhari is President while law professor Osinbajo is Vice President.
The southerners have zoned 2019 president to the north.
Kwankaso gave $1 billion to Niger republic to build a school with no checks.
Do you need any more signs to know that Nigeria is owned by the north

No doubt that the foolanis feel that they own naijeriya and are born to rule the rest of us in their apartheid internal colonisation.


www.nairaland.com/attachments/2595897_pmbappointmentsofar_jpegae2b0416b4af3fbde5680d20f4407172


www.nairaland.com/attachments/2508658_oroagba_jpeg0abfc12dc92c58919137322247296662



www.nairaland.com/attachments/2507480_chqcpuuumaaeik_jpeg7b23bd5d77984f1469b9482a5204015a

1 Like

Re: CBN Spends 6 Billion Naira On Abu Business School by anonimi: 5:23pm On Nov 26, 2017
careidon:
NB: this was during the SANUSI's term. He gave lavishly to Flood & Boko Haram victims too while other parts of the country with similar misadventure were not so helped or is it rewarded?

And when Sanusi was queried by Jonathan he started singing about missing money from NNPC, which amount was constantly changing and the All Poverty Congress, APC zombies believed him.
Is it not a wonder that the educated south is quick to lampoon their own corrupt folks while giving a pass to the northern rogues?
Are we so enslaved mentally.





barcanista:
Since I was born, I have never witness the kind of hypocrisy, double standard and demonisation that is currently perpetrated by Muhammadu Buhari, the APC, Alhaji Sanusi, Osinbajo and their "good governance crusaders" against the person of President Goodluck Jonathan, Allison Madekwe, and other government officials.

Alhajis Buhari and Sanusi and APC have been going about using every platform to talk about a "missing $20b", cheered by their hypocritical followers that pride themselves as good governance crusaders. They have deliberately gone blind over the fraud of CBN under Sanusi as outlined by the Financial Reporting Council of Nigeria report in February 2014.

Sanusi Indicted And Removed For Fraud
According to the report (see below) Sanusi was indicted for Gross Misconduct that bothers on fraud and financial recklessness among other offence. The FRCN subsequently advised Mr President to remove Lamido Sanusi from office for further investigation and probe after the explanation of Sanusi appeared more like a tale and outrightly illogical according to FRCN. The council indicates that the explanation provided by Sanusi is “a clear display of incompetence, nonchalance, fraud, wastefulness, and abuse of due process and deliberate efforts to misrepresent facts on the part of the leadership of the CBN.”

The council advised the President to exercise the powers conferred on him by Section 11(2)(f) of the CBN Act 2007 or invoke Section 11(2)(c) of the said Act “and cause the governor and the deputy governors to cease from holding office in the CBN.”


April 2014: VP-elect Yemi Osibanjo Filed Case To Stop Sanusi Probe
Rather than Sanusi to prove his innocence in court, he filed a case in Federal High Court, Lagos to STOP FRCN and Other Security Agencies from investigating and prosecuting him through three Senior Advocates of Nigeria, Prof. Yemi Osibanjo, Dr. Kanyinsola Ajayi and Kola Awodien.
http://www.theguardianmobile.com/readNewsItem1.php?nid=24587

13 May 2014: Lagos Judge Tshoho Grants Sanusi Prayers
High Court Judge John Tshoho rather than uphold the constitutional powers of FRCN to investigate probe Sanusi, he granted the prayers of Lamido Sanusi and BARRED FRCN from further investigation or probing Sanusi Lamido Sanusi. In his own words...
“Prejudice is very pronounced in the language of that document. The language of the briefing note (transmitted by the FRCN to the presidency) conveys a sense of the defendant desperately goading the presidency to deal with the plaintiff,”
“The plaintiff submitting himself for investigation (by FRCN) is like the cockroach finding itself in the midst of fowls. Such a cockroach cannot be innocent,”.

http://www.tv360nigeria.com/?p=11923

Despite the fact the President Jonathan commissioned PWC to audit NNPC books to ascertain the veracity or otherwise of Sanusi's claim, Buhari, APC, Sanusi and their online agents that parade themselves as good governance and anticorruption apostles have been crying blue murder but refused to comment on the FRCN report nor the APC's VP elect role in shielding Sanusi for probe.

April 26, 2015: Buhari's Display of Hypocrisy
In his usual hypocrisy, General Buahri vowed to re-visit the $20b allegation but said NOTHING about the FRCN report. In his own word... “Imagine a situation where the former CBN governor who by God ‘s grace would later become the  Emir of Kano raised an  issue of missing billions of money, not in Naira but in Dollars, $20 billion.
“What happened, instead of investigating to know whether it was true that the money was missing or not, they simply found a reason to remove him. So these are the issues we are talking about…"

Contrary to the lies of Alhaji Buhari, Sanusi wasn't removed because he raised alarm, he was removed because he was indicted by FRCN. Jonathan also never kept mute, he commissioned PWC to audit the books. Buhari was also blind to talk about prosecuting Sanusi for the CBN fraud. Perhaps the Emir is as "incorruptible" as him(Buhari)



The FRCN’s report on Sanusi







The decision to suspend the Central Bank of Nigeria Governor, Sanusi Lamido was based on a report of the Financial Reporting Council of Nigeria dated June 7, 2013.

The report was made after a review of Sanusi’s response to the query issued to him by the President over the apex bank’s financial statement of 2012. His response was dated May 20, 2013.

According to a copy of the report obtained by our correspondent on Thursday, the council indicates that the explanation provided by the suspended CBN governor is “a clear display of incompetence, nonchalance, fraud, wastefulness, and abuse of due process and deliberate efforts to misrepresent facts on the part of the leadership of the CBN.”

The council advised the President to exercise the powers conferred on him by Section 11(2)(f) of the CBN Act 2007 or invoke Section 11(2)(c) of the said Act “and cause the governor and the deputy governors to cease from holding office in the CBN.”

The report read: The particulars of the infractions against Sanusi are:

Persistent refusal and/or negligence to comply with the Public Procurement Act in the procurement practices of the Central Bank of Nigeria.

(A) By virtue of Section 15 (1)(a) of the Public Procurement Act, the provisions of the Act are expected to comply to ‘all procurement of goods, works and services carried out by the Federal Government of Nigeria and all procurement entities.’ This definition clearly includes the Central Bank of Nigeria.

(B) It is however regrettable that the Central Bank of Nigeria, under his leadership, has refused and/or neglected to comply with the provisions of the Public Procurement Act (PPA). You will recall that one of the primary reasons for the enactment of the PPA was the need to promote transparency, competitiveness, cost of effectiveness and professionalism in the public sector procurement system.

More from: http://www.punchng.com/news/the-frcns-report-on-sanusi/

1 Like

Re: CBN Spends 6 Billion Naira On Abu Business School by Danladi7: 6:29pm On Nov 26, 2017
playcharles:
CBN ( Central Bank of the North) and Northern part of this Nation are like 5 and 6... I hope they put it into good use... During Sanusi time the Central Bank of the North played a significant role in building Mosque in the North .. bless be to CBN and God pun**h all those who took part in governing this Nation between 1900 - 1963. sad sad tongue. ..... N6B to use build business school , which type of facility they inside were then wan use study business... please how can I travel out of this Nation
if we find out wella you will be IPOB terrorist.You guys are suffering from persecutory and grandiose delusion at the same time.

CBN sponsored similar project in university of Ibadan!

And they also funded the foundation building in The technical University,Ibadan
Re: CBN Spends 6 Billion Naira On Abu Business School by seguno2: 7:21pm On Nov 26, 2017
Danladi7:

if we find out wella you will be IPOB terrorist.You guys are suffering from persecutory and grandiose delusion at the same time.

CBN sponsored similar project in university of Ibadan!

And they also funded the foundation building in The technical University,Ibadan

What is the name of the building in UI of Ibadan?

2 Likes

Re: CBN Spends 6 Billion Naira On Abu Business School by playcharles(m): 8:12pm On Nov 26, 2017
Danladi7:

if we find out wella you will be IPOB terrorist.You guys are suffering from persecutory and grandiose delusion at the same time.

CBN sponsored similar project in university of Ibadan!

And they also funded the foundation building in The technical University,Ibadan

Like you want to remain unfortunate danladi or what ever you are . With your first statement ... wetin concern me with una IPOB and terrorist ... abi you want uncircumcised mad men to take turn on you from behind. Next time u see my post kindly don't quote me with such words... I don't have time for unserious argument
Re: CBN Spends 6 Billion Naira On Abu Business School by Danladi7: 5:37am On Nov 27, 2017
playcharles:


Like you want to remain unfortunate danladi or what ever you are . With your first statement ... wetin concern me with una IPOB and terrorist ... abi you want uncircumcised mad men to take turn on you from behind. Next time u see my post kindly don't quote me with such words... I don't have time for unserious argument
Then,dont ever comment on nairaland again!
Re: CBN Spends 6 Billion Naira On Abu Business School by Danladi7: 5:39am On Nov 27, 2017
seguno2:


What is the name of the building in UI of Ibadan?

It houses the new dept of banking and finance,Accounting etc....behind faculty of social science.
Re: CBN Spends 6 Billion Naira On Abu Business School by seguno2: 5:46am On Nov 27, 2017
Danladi7:
It houses the new dept of banking and finance,Accounting etc....behind faculty of social science.

Since when did Afribank, a private company become the same thing as the Central Bank of Nigeria, CBN that is owned by the public?
You should always stick to what you know and are sure of to avoid needless embarrassment on nairaland.

The masters degree programme in Banking and Finance was started with a generous initial assistance by the International Bank for West Africa (IBWA), (now Afribank). It was from this funding support that the building for the programme was erected.

https://www.ui.edu.ng/hisecon

2 Likes 2 Shares

Re: CBN Spends 6 Billion Naira On Abu Business School by Danladi7: 5:59am On Nov 27, 2017
seguno2:


Since when did Afribank, a private company become the same thing as the Central Bank of Nigeria, CBN that is owned by the public?
You should always stick to what you know and are sure of to avoid needless embarrassment on nairaland.

You are too arrogant with your little knowledge.You didnt embarrass me at all.I only learnt from you.

1 Like 2 Shares

Re: CBN Spends 6 Billion Naira On Abu Business School by playcharles(m): 7:26am On Nov 27, 2017
Danladi7:

Then,dont ever comment on nairaland again!

When I started commenting on nairaland wayback , I doubt you know what nairaland was then.. Quote me again and u will remain unfortunate.
Re: CBN Spends 6 Billion Naira On Abu Business School by Danladi7: 7:33am On Nov 27, 2017
playcharles:


When I started commenting on nairaland wayback , I doubt you know what nairaland was then.. Quote me again and u will remain unfortunate.
cool
Re: CBN Spends 6 Billion Naira On Abu Business School by tammie24: 12:06pm On Dec 09, 2017
seguno2:


Since when did Afribank, a private company become the same thing as the Central Bank of Nigeria, CBN that is owned by the public?
You should always stick to what you know and are sure of to avoid needless embarrassment on nairaland.

don't mind the idiot!
Just because he said so we should believe
Na im papa build am na
In short CBN built the whole UI
Trying to justify what isn't justifiable

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