₦airaland Forum

have you worked in your life cos
u come across as another
ignorant child
if i hold a BSC Civil Engineering,
are you saying i cannot be the
MD of a bank?
what exactly do you look for
before appointing people?
certificates or the years of
experience on the job?
SLS has always been a top level
banker who knows banking in
and out, if that doesnt means
nothing to you, then maybe you
should tell your economics
lecturer to apply for the post

@tkb .The annoying thing about ignorance is that when you see it , you know what it is, but one can only just watch it march on it's course. Do you know what economics is ? So i've been a top level manager at a bank for oink years means what ?
May be the problem has to do the misnomer "central bank", other countries know it's not only about banking so their "central banks" aren't termed as such.
That position is more of an academic appointment if anything and that's where we've missed the mark here. Aliko has built a business empire so i guess he's suited for the job too. I don't even see any reason going further.

Moves:
According to figures released by Omoh Gabriel and Hector Igbikiowubo (Column written by John Moyibi Amoda published in the Vanguard newspaper of May, 6 2008 Lagos)
''Nigerians spend N16.408 Trillion ($140 billion USD) to fuel generators annually''
1. ''The telecom sector spends N6.7 Trillion per annum to purchase diesel''
2. ''Filling stations spend N43.98 billion''
3. ''Factories spend N191.08 billion''
4. ''Banks spend N11.7 billion''
5. ''Insurance companies spend N80 billion''
6. ''Residential N7.812 trillion; and commercial enterprises, N1.57 trillion''
''This amounts to 300,000,000 litres of petrol per day''.
The report further estimated that we might have up to five million commercial enterprises operating in the country including barber shops, hair dressing salons, restaurants, supermarkets, boutiques, block molding factories, recording studios, dry cleaning services, night clubs, casinos, offices etc. utilizing an average of eight litres of petrol per day on different capacity of generating sets. Furthermore, Ogbuotobo Chuks in his write up feature in the Nigeriastockmarket.com stated that Nigeria is the largest importer of generators in the world with Nigerians spending close to N1.31 trillion on the purchase of electricity generators over the last few years.