₦airaland Forum

Wallade:
1. I am not certain that their employment conforms with the requirements of the CBN act in respect of employing consultants - non direct staff. The special nature of the consultants jobs, in this case, has not been proven beyond reasonable doubt.

2. How can you say these roles are not duplication? Directors don't just oversee departments, those are simply a middle management level responsibilities. Do you even know who and what a director is in an organization? I bet you have never worked in a highly structured organization otherwise you will not reduce Directors to middle level management staff. Do you know that the directors are almost at par with the governors(includong the deputy governors) in CBN. In a standard organization, directors are on board of the organization, they also include executive directors who actively engage in running the business affairs of the organization. Are you the one trying to reduce the directors to limited roles to create the need to employ consultants to do the works that directors, deputy governors can or should do. What then are those directors and Deputy governors being paid to do? I honestly think you are the one without sense of what a corporate organization should be, rather you are used to the limiteds that run as oon-man-business.

3. Yes! Degree and certificates matter to the extent that it is essential to recruitment of staff, along with some other skills set, in the first place. If Cardoso must work with those ladies, why not recruit then as directors in CBN. That way, their remuneration will be in line with the HR policy of CBN and not draw this kind of attention. Why must they be recruited as consultants? Consultants to do what? I am telling you again that a critical look at their roles and responsibilities will be exactly what directors and deputy governors can do in CBN.

4. You mentioned PwC, KPMG, and McKinsey, those are firms that can be employed as consultants and they will come with a team of staff to do their job within a defined(temporary) period and leave. The current consultants in CBN are recruited in personal capacity (as individual) on such exorbitant and outrageous remuneration. Even these PwC, KPMG, and McKinsey that you mentioned would not bill clients in Nigeria the way they would bill in other climes. The pay scale in every country varies and this is applicable to all employments. In my opinion and perhaps general opinion, their remuneration is extremely high and unrealistic with the Nigerian wage structure. I also don't think such remuneration is justifiable in CBN considering staff remuneration structure in CBN and wage structure in the Nigerian business environment.

Finally, I think you are the one who needs to be more realistic, objective and critical in decision making. You will make a poor business manager, administrator or Chief Executive Officer or Director eventually. You are the type that runs organization into loss and bankruptcy by satisfying your greedy desires to live large on the resources of the organization, make poor risk management decisions and spend the resources of the organization carelessly.

We should put your Curriculum Vitae on red flag

Ah yes, our self-appointed Wailer of CBN Affairs has returned with another TED Talk on governance. It must be exhausting carrying all your righteous pride on your shoulders. Let me address your very deep concerns again..

1. “I am not completely certain about the legality…” Oh, you are not certain anymore? Fantastic! So you are leading this parade of outrage with vibes and assumptions? Maybe next time, you should try knowing before shouting. Just some common sense advise.

2. “Why not just make them staff?” Because the CBN needed actual reformers, not permanent salary collectors playing office politics. Consultants are brought in to fix, execute, and leave.

3. “What do you mean expertise isn’t cheap?” So you want A-list expertise to advise on monetary policy for a $362.81 billion on a roadside corn seller’s budget Meanwhile, the Naira is actually stabilizing and foreign investment is picking up, but I guess real results don’t hit as hard as anonymous online tantrums Oh!

4. “You’d make a terrible CEO”....and you my Oga, would make an excellent head of the Ministry of Bitterness & Complain Without Facts. I am sure you are a premium candidate.

5. “We should put your CV on red flag” Please do. Maybe print it out and use it to wipe away your tears while watching the Naira hit below ₦1,600. Must be painful seeing reforms actually working.

Wallade:
That Premium News or this article are sponsored or hatched jobs are not our usiness. That is not the crux of the matter.

We are not exactly bothered about who benefits from the articles or newspaper posts. We don't see it as discrediting any one, we are rather focusing on the possible need of employment of the consultants or otherwise

We don't care about the gender of the consultants or the motive of the person that hired them.

1. Why hire them?
2. Js their employment legal?
3. Why are they on such extraordinary remuneration package?
4. Why do you need consultants when there are directors that can do such jobs?

Ah Oga , so you don’t care about the motives behind the smear campaign, yet you are here repeating the attack points verbatim? Na wa for you oh!

Since you’re laser-focused on consultants, let’s be clear:

Why hire them? Because cleaning up years of financial mismanagement requires expertise beyond the old guard.
Is their employment legal? Yes, the CBN Act allows it. No law have ben broken.
Why the remuneration? Because quality expertise isn’t cheap, and the results are showing, stronger remittance inflows, naira stabilization, and better financial oversight.... If you truly care about the real issues, these facts don't lie
Why not just use directors? Because the same directors were there when the CBN was bleeding.. spending over 8 trillion naira in interventions and yet the economy entered gutter. Fresh expertise is how you break the cycle of failure.

So lets be honest here... do you actually want answers, or just a reason to be upset?

Wallade:
Why didn't you start by addressing the legality of the employment of Consultants by CBN.

Are those appointments legal?
Are the remunerations payable to the consultants legal, justified and approved by the board.?
What are the consultants job description and are those jobs duplication of director's jobs?

Don't come telling us about international remuneration of consultants. Are those consultants not working in Nigeria? Is the salary scale in the USA or Britain the same with the scale in Nigeria across profession?

Don't tell about their degrees and certificates because I believe that the legality of their employment comes first.

Since you're so deeply concerned about legalities, I assume you’ve read the CBN Act and its provisions on hiring consultants? No? Alright, let’ me break it down for you.

1. Legality of Appointments? Absolutely legal. The CBN, like every institution, has the right to engage consultants for specialized work.

2. Are these roles duplicating directors’ jobs? That’s an easy one. No. Directors oversee departments, while consultants bring in external expertise to execute reforms at a strategic level. But let’s be honest, the real issue here isn’t duplication, it’s that these reforms are working, and some people don’t like that.... might i add I suspect you are one of the poor attack dogs they are paying to run faster than common sense.

3. Degrees and certificates don’t matter? Oh, but they do, especially when critics imply these women were picked out of thin air. If we’re going to debate the necessity of hiring, let’s at least acknowledge the credentials that make them worth hiring in the first place.

4. Why compare to foreign consulting firms when Nigeria is not the US or UK? Oh, I see. So when Nigeria hires PwC, KPMG, and McKinsey to advise on economic policy, nobody asks if their fees match "Nigeria’s salary scale”? But now, because these are highly qualified Nigerians, suddenly, we must earn “Nigeria-level wages” despite providing global expertise. I am getting you... However, I suspect you are not getting yourself

@IsabiTheWork I agree with you on this BUA issue. Follow the facts, and you will see that he uses media to bamboozle Nigerians.

1. BUA is the only major sugar refiner in Nigeria without a WORKING SUGAR factory. He makes his billions from importing sugar to refine and sell locally.
2. Now that the FG wants to reduce his quotas he's dancing in the market square again.
3. He wants to ope YET ANOTHER sugar refinery and be importing more sugar. ! bag of local sugar he has not produced in ver 11 years! C'mon!

This whole thing is so we can be looking at other people while BUA Chairman makes more billions with food imports. Nigerians, make we all shine our eye oh!

This is a video of BUA's sugar factory site in Lafiaji. Over ten years of chopping billions in CBN interventions for sugar and tax relief on imported sugar, nothing to show!..

Now he has gone to open a new refinery to keep importing sugar! Who did we offend in the country?

Brabus Nigeria gave us the GLE & C450 to drive to the Xmas Autofest. We ended up drag racing them on Akin Adesola, Victoria Island!
[url=
https://www.youtube.com/watch?v=5MOysgPxW6U][/url]

Brabus Nigeria gave us the GLE & C450 to drive to the Xmas Autofest. We ended up drag racing them on Akin Adesola, Victoria Island!
[url=
https://www.youtube.com/watch?v=5MOysgPxW6U][/url]

Brabus Nigeria gave us the GLE & C450 to drive to the Xmas Autofest. We ended up drag racing them on Akin Adesola, Victoria Island!
[url=
https://www.youtube.com/watch?v=5MOysgPxW6U][/url]

Brabus Nigeria gave us the GLE & C450 to drive to the Xmas Autofest. We ended up drag racing them on Akin Adesola, Victoria Island, Lagos.
[url=
https://www.youtube.com/watch?v=5MOysgPxW6U][/url]

Brabus Nigeria gave us the GLE & C450 to drive to the Xmas Autofest. We ended up drag racing them on Akin Adesola, Victoria Island, Lagos.
[url=
https://www.youtube.com/watch?v=5MOysgPxW6U][/url]

Dodge Challenger RT mercilessly murdered by a 5.0 Mustang GT!
Ever wondered what the big deal with American Muscle cars is? Watch this showdown of epic proportions! The Dodge Challenger RT goes up against a Mustang GT 5.0 and it was merciless!

[url=
https://www.youtube.com/watch?v=-DwznGT5XK8][/url]

Dodge Challenger RT mercilessly murdered by a 5.0 Mustang GT!
Ever wondered what the big deal with American Muscle cars is? Watch this showdown of epic proportions! The Dodge Challenger RT goes up against a Mustang GT 5.0 and it was merciless!

[url=
https://www.youtube.com/watch?v=-DwznGT5XK8][/url]

Dodge Challenger RT mercilessly murdered by a 5.0 Mustang GT!
Ever wondered what the big deal with American Muscle cars is? Watch this showdown of epic proportions! The Dodge Challenger RT goes up against a Mustang GT 5.0 and it was merciless!

[url=
https://www.youtube.com/watch?v=-DwznGT5XK8][/url]

Dodge Challenger RT mercilessly murdered by a 5.0 Mustang GT!
Ever wondered what the big deal with American Muscle cars is? Watch this showdown of epic proportions! The Dodge Challenger RT goes up against a Mustang GT 5.0 and it was merciless!

[url=
https://www.youtube.com/watch?v=-DwznGT5XK8][/url]

Dodge Challenger RT mercilessly murdered by a 5.0 Mustang GT!
Ever wondered what the big deal with American Muscle cars is? Watch this showdown of epic proportions! The Dodge Challenger RT goes up against a Mustang GT 5.0 and it was merciless!

[url=
https://www.youtube.com/watch?v=-DwznGT5XK8][/url]

Dodge Challenger RT mercilessly murdered by a 5.0 Mustang GT!

Ever wondered what the big deal with American Muscle cars is? Watch this showdown of epic proportions! The Dodge Challenger RT goes up against a Mustang GT 5.0 and it was merciless!

[url=
https://www.youtube.com/watch?v=-DwznGT5XK8][/url]

Dodge Challenger RT mercilessly murdered by a 5.0 Mustang GT!
Ever wondered what the big deal with American Muscle cars is? Watch this showdown of epic proportions! The Dodge Challenger RT goes up against a Mustang GT 5.0 and it was merciless!

[url=
https://www.youtube.com/watch?v=-DwznGT5XK8][/url]

Ever wondered what the big deal with American Muscle cars is? Watch this showdown of epic proportions! The Dodge Challenger RT goes up against a Mustang GT 5.0 and it was merciless!

[url=
https://www.youtube.com/watch?v=-DwznGT5XK8][/url]

What’s the big deal about American muscle cars? @motiontownshow is showing us in this episode where they smash a couple of American cars against each other.
Warning: only for those who can handle intense petrolhead action.

[url=https:///b8QqUUzIiL][/url]

What’s the big deal about American muscle cars? @motiontownshow is showing us in this episode where they smash a couple of American cars against each other.
Warning: only for those who can handle intense petrolhead action.

[url=https:///b8QqUUzIiL][/url]

This is what a Brabus C450 sounds like!

If you think your car is packing something under the hood...sit down, be humble and watch the clip

[url=
https://www.youtube.com/watch?v=o_5ZtTz2mhU][/url]

This is what a Brabus C450 sounds like!

If you think your car is packing something under the hood...sit down, be humble and watch the clip

[url=
https://www.youtube.com/watch?v=o_5ZtTz2mhU][/url]

This is what a Brabus C450 sounds like!

If you think your car is packing something under the hood...sit down, be humble and watch the clip

[url=
https://www.youtube.com/watch?v=o_5ZtTz2mhU][/url]

This is what a Brabus C450 sounds like!

If you think your car is packing something under the hood...sit down, be humble and watch the clip

[url=
https://www.youtube.com/watch?v=o_5ZtTz2mhU][/url]

The Benz and Brabus partnership is a match made in petrol head heaven.

This is what an insane Brabus C450 sounds like

If you think your car is packing something under the hood..sit down, be humble and watch the clip

[url=
https://www.youtube.com/watch?v=o_5ZtTz2mhU][/url]

This is what an insane Brabus C450 sounds like

If you think your car is packing something under the hood..sit down, be humble and watch the clip

[url=
https://www.youtube.com/watch?v=o_5ZtTz2mhU][/url]

This is what an insane Brabus C450 sounds like

If you think your car is packing something under the hood..sit down, be humble and watch the clip

[url=
https://www.youtube.com/watch?v=o_5ZtTz2mhU][/url]

This is what an insane Brabus C450 sounds like

If you think your car is packing something under the hood..sit down, be humble and watch the clip

[url=
https://www.youtube.com/watch?v=o_5ZtTz2mhU][/url]