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Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch (7677 Views)

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Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by HIGHESTPOPORI(m): 4:50pm On Jul 02, 2023
iammo:
cool



Good one


Ministers are Political head

Permanent secretary are Professional head

You must mix Politicians and Technocrat in your cabinet


.
Urchinss must defend their pay
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by iammo(m): 4:51pm On Jul 02, 2023
HIGHESTPOPORI:
Urchinss must defend their pay
Rule 2 mynd44 Seun Nlfpmod dominique Obinoscopy
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Gr8amechi: 5:00pm On Jul 02, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down
I quite agree with you.

Though an accountant with vast knowledge in finance and policy can manage the finance ministry.

But clearly I hope we can pass a bill to the NASS so that every CBN governor must be someone with a macro economics background.

This style of bringing someone from the banking industry to head the CBN has been counter productive.

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by HenryTimes: 5:02pm On Jul 02, 2023
mrvitalis:

Do you want a minister or a performing minister?

I want a performing minister, but who's the Minister reporting to?

If the Minister's boss is an SSCE holder and we believe that he can perform, I don't see any reason why the Minister have to hold a PhD before he can perform as well.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Firefunmi2014: 5:10pm On Jul 02, 2023
iammo:


Thank you for schooling the guy. I am suspecting Babatunde Abiru the senator representing Lagos west. He was part of the people that came up with the policy.


Oga Understand difference of Fiscal policy and Monetary policy

CBN and Ministry of Finance

Accounting, Banking, Effective disbursement of fund and CBN Economic policy


Chattered Accounting is a vast field in Financial management and each organization need them in keeping a good book... (Finance Ministry)

Economist are more of the guys behind economic decisions

.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by mrvitalis(m): 5:13pm On Jul 02, 2023
HenryTimes:


I want a performing minister, but who's the Minister reporting to?

If the Minister's boss is an SSCE holder and we believe that he can perform, I don't see any reason why the Minister have to hold a PhD before he can perform as well.
You want a SSCE hold to lead a ministry with probably 15 PhD holders

Where would he get the knowledge to perform from?
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by fergie001: 5:17pm On Jul 02, 2023
Former bank CEO from the SW, that should be Tokunbo Abiru (Skye/Polaris bank) who took over from late Sen Pepperito from Lagos East.

4 Likes

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Femmyfamous4u(m): 5:22pm On Jul 02, 2023
mrvitalis:

Boss I respect you... Treasury, audit and taxation are all micro economics

Formulation and drafting of policy is the Koko

If you drop developmental graph before him what can he understand?

I am an engineer and an MBA (managment ) holder but I would never accept the role of CBN governor or minister of finace
After my PhD then we can talk about that

The role is critical boss it's a balance art
I understand your argument. The acting CBN governor has a degree in Engineering and a career of about 30 years in banking. I feel the President just chose him to act for nepotistic reason.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Greatness21(m): 5:25pm On Jul 02, 2023
iammo:


Untrained children must disturb people online... Since their parents didn't raise them well . Pigs of baby factory
Mynd44, OAM4J Justwise Seun, Mukina2, you guys will pretend not to know this user?

Rule 2 broken.

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by iammo(m): 5:27pm On Jul 02, 2023
Greatness21:
Mynd44, OAM4J Justwise Seun, Mukina2, you guys will pretend not to know this user?

Rule 2 broken.

Can you mobs stop editting people's comments trying to silence free speech

Deliberate provocation and false accusations

Rule 2

Mynd44 Nlfpmod dominique Obinoscopy mynd44 Seun

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Greatness21(m): 5:28pm On Jul 02, 2023
iammo:


Can you mobs stop editting people's comments trying to silence free speech
Edit your comment? Don't think everyone is like you.

Mynd44, Seun Justwise Check the comment I reported and do the right thing, don't be biased.
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by iammo(m): 5:28pm On Jul 02, 2023
Greatness21:
Edit your comment? Don't think everyone is like you.

Mynd44, Seun Justwise Check the comment I reported and do the right thing, don't be biased.

Rule 1 derailing threads

Mynd44 Nlfpmod dominique Obinoscopy mynd44

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Greatness21(m): 5:30pm On Jul 02, 2023
iammo:


Can you mobs stop editting people's comments trying to silence free speech

Deliberate provocation and false accusations

Rule 2

Mynd44 Nlfpmod dominique Obinoscopy mynd44 Seun
All these nonsense won't work, everyone viewing this thread saw your previous comment before you edited it.
I was quick to quote it.

Mynd44, Dominique Seun, OAM4J

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by iammo(m): 5:31pm On Jul 02, 2023
Greatness21:
All these nonsense won't work, everyone viewing this thread saw your previous comment before you edited it.
I was quick to quote it.

Mynd44, Dominique Seun, OAM4J

Rule 1


Derailing threads

mynd44 Seun Nlfpmod dominique Obinoscopy

Rule 2 false accusations

Harrassment

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Asswipemod: 5:32pm On Jul 02, 2023
seunmsg:


Is Tokunbo Abiru the next Finance Minister?

Kadoso Mutairu aka seunmsg πŸ˜†πŸ˜†πŸ˜πŸ˜œπŸ˜†πŸ˜†πŸ˜

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by grandstar(m): 5:38pm On Jul 02, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down

The thing tire me. I was shocked.

I think it's Edun (I'm not sure of his first name) that was penciled down
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by grandstar(m): 5:44pm On Jul 02, 2023
Gr8amechi:

I quite agree with you.

Though an accountant with vast knowledge in finance and policy can manage the finance ministry.

But clearly I hope we can pass a bill to the NASS so that every CBN governor must be someone with a macro economics background.

This style of bringing someone from the banking industry to head the CBN has been counter productive.

That might be him. His stint at the World Bank might be of help but a PHD in economics holder would be the best

https://naijabiography.com/biography/wale-edun-biography/#toc-2
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by grandstar(m): 5:45pm On Jul 02, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down

This might be the next finance minister

https://naijabiography.com/biography/wale-edun-biography/#toc-2
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by mrvitalis(m): 5:46pm On Jul 02, 2023
grandstar:


The thing tire me. I was shocked.

I think it's Edun (I'm not sure of his first name) that was penciled down
I really want tinubu to do 4 years so all this hyping go end
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by mrvitalis(m): 5:49pm On Jul 02, 2023
grandstar:


This might be the next finance minister

https://naijabiography.com/biography/wale-edun-biography/#toc-2
Just an Msc holder? ... Nothing really spectacular here na

Oby ezekwesili is bigger than this guy in every aspect

Common there can be better Yorubas even if you want to be tribalistic

This guy is nothing na
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by Odibembem: 5:54pm On Jul 02, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down

Many Economists are also Associates and Fellows of ICAN, there is no parallel that once an FCA u must not had been an Economist. U can be an Economist and have ICAN as it's d most prestigious professional organization in d finance sector
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by grandstar(m): 6:10pm On Jul 02, 2023
iammo:



Oga Understand difference of Fiscal policy and Monetary policy

CBN and Ministry of Finance

Accounting, Banking, Effective disbursement of fund and CBN Economic policy


Chattered Accounting is a vast field in Financial management and each organization need them in keeping a good book... (Finance Ministry)

Economist are more of the guys behind economic decisions

.

In Nigeria, the finance minister is basically the minister for the economy.

Anyways, the man below is the man most likely penned down.

https://naijabiography.com/biography/wale-edun-biography/
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by iammo(m): 6:13pm On Jul 02, 2023
grandstar:


In Nigeria, the finance minister is basically the minister for the economy.

Anyways, the man below is the man most likely penned down.

https://naijabiography.com/biography/wale-edun-biography/

That's some powerful C.V,

Ben Akabueze isn't bad as well
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by garfield1: 6:13pm On Jul 02, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down

Who told you tinubu is making accountant as finance minister.you are pained that obi doesn't have manpower like tinubu

1 Like

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by grandstar(m): 6:13pm On Jul 02, 2023
mrvitalis:
An accountant as a minister of finance??

Oboy here we go again

It's about to go down... Accounting is a noble profession but appointing an accountant as a minister of finance shows this people don't know anything about economics what so ever

The minister of finance is the chief economic development policy formulator of the country...
It has little or nothing to do with accounting

A minister of finance should be minimum a PhD holder with 10 years minimum experience in a policy formulation and vast knowledge and experience in macro developmental economics

This is why Buhari failed , accountant as CBN Governor with mere MBA as highest qualification and an accountant as minister of finance again with MBA as highest qualification

Banking is micro economics, minister of finance is macro economics they are not similar at all...

It's like making a Med lab scientist a CMD of a general Hospital


It's about to go down

Omohayek, blue3k, what's your take on this?

By the way, I suspect the man in the article below is the man penciled down.

Do you think he is qualified based on his qualifications? He also worked in the World Bank which to me is good exposure.

https://naijabiography.com/biography/wale-edun-biography/
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by garfield1: 6:21pm On Jul 02, 2023
grandstar:


Omohayek, blue3k, what's your take on this?

By the way, I suspect the man in the article below is the man penciled down.

Do you think he is qualified based on his qualifications? He also worked in the World Bank which to me is good exposure.

https://naijabiography.com/biography/wale-edun-biography/

Wale is already special adviser.it will either be sen abiru,yemi cardoso
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by mrvitalis(m): 6:24pm On Jul 02, 2023
grandstar:


Omohayek, blue3k, what's your take on this?

By the way, I suspect the man in the article below is the man penciled down.

Do you think he is qualified based on his qualifications? He also worked in the World Bank which to me is good exposure.

https://naijabiography.com/biography/wale-edun-biography/
What's here Msc holder

Compare his CV to oby ezekwesili then come back
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by grandstar(m): 6:25pm On Jul 02, 2023
garfield1:


Wale is already special adviser.it will either be sen abiru,yemi cardoso

Are they economists?
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by garfield1: 6:25pm On Jul 02, 2023
grandstar:


Are they economists?

Yea
Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by omohayek: 7:42pm On Jul 02, 2023
grandstar:


Omohayek, blue3k, what's your take on this?

By the way, I suspect the man in the article below is the man penciled down.

Do you think he is qualified based on his qualifications? He also worked in the World Bank which to me is good exposure.

https://naijabiography.com/biography/wale-edun-biography/
As usual, the person you respond to has no clue what he's talking about. The most important financial appointment is the governor of the CBN, not the minister of finance. A finance minister's role is to source the funds to pay for the budget allocated by the NASS in its role as the legislative branch, not to determine economic policy. The role is therefore more a matter of balancing revenue-raising and borrowing. A minister of finance can certainly suggest to the NASS that certain items be prioritised over others, or that particular government entities be sold, etc., but that is merely a suggestion, which the NASS can ignore as it sees fit. What the role really needs is a person with backbone to push back against all the white-elephant and pork-barrel proposals that other ministers and legislators will insist on. This matters because Nigeria's debt-to-revenue ratio is so high that the only way to "finance" such proposals will be to print money, which will further fuel inflation.

The real question about any candidate's fitness for the role is whether that person has any experience with the financial markets, and knows how to raise capital on them at the lowest possible rate (and when the rates being demanded are too high to justify borrowing). Wale Edun not only has a Masters in Economics, he was also Commissioner for Finance for Lagos State from 1999-2007, so he clearly has experience raising funds through international bond markets. In addition, that Edun served right under Tinubu for 8 years suggests that he is close enough to Tinubu to reasonably expect Tinubu's backing when he starts saying "No" to the various pet projects of other ministers, APC senators, etc.

2 Likes 1 Share

Re: Ministerial List: Serving Senators, Ex-bank CEO, Others Make First Batch by chuksanambra: 7:43pm On Jul 02, 2023
Femmyfamous4u:

I understand your argument. The acting CBN governor has a degree in Engineering and a career of about 30 years in banking. I feel the President just chose him to act for nepotistic reason.

You are talented in ignorance.
The person chosen to function in acting capacity is the longest serving of all the CBN Deputy Directors.

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