₦airaland Forum

shadeyinka:
I guess you didn't understand my point. Let me spell it out.

Let's assume that the FG kept 1trillion Naira with me and I fixed it in a bank. At an annual return rate of 6%, I'll be having a return of N6 billion Naira per annum. This looks impressive on the surface but the question is what work am I doing to generate the N6 billion?

Same is the question I have asked. The CBN money is the FG's money. Federal government made a law that mandates banks to "Bank" with the CBN. Every banking transactions end up with the CBN having their cut: so I ask what real work does CBN do that warrant that staff be paid well beyond fellow accountants and economists working in other agencies?

Its also like FIRS, even if they don't leave their offices, business owners will come to pay their taxes because without that, they can't get any government contracts. Theirs is even a little better than that of the CBN.

I see your issue is with how much CBN staff earn, not about the issue on ground. you, what work do you do that will make u earn more than a labourer or a mason or even a woman cooking mama put?

ogtavia:
Statement of CBN Core Mandate
The mandate of the Central Bank of Nigeria (CBN) is derived from the 1958 Act of Parliament, as amended in 1991, 1993,1997,1998,1999 and 2007.

The CBN Act of 2007 of the Federal Republic of Nigeria charges the Bank with the overall control and administration of the monetary and financial sector policies of the Federal Government.

The objects of the CBN are as follows:

ensure monetary and price stability;
issue legal tender currency in Nigeria;
maintain external reserves to safeguard the international value of the legal tender currency;
promote a sound financial system in Nigeria; and
act as Banker and provide economic and financial advice to the Federal Government.
Consequently, the Bank is charged with the responsibility of administering the Banks and Other Financial Institutions (BOFI) Act (1991) as amended, with the sole aim of ensuring high standards of banking practice and financial stability through its surveillance activities, as well as the promotion of an efficient payment system.

In addition to its core functions, CBN has over the years performed some major developmental functions, focussed on all the key sectors of the Nigerian economy (financial, agricultural and industrial sectors). Overall, these mandates are carried out by the Bank through its various departments

and in providing those services dont earn income?

ogtavia:
If you say NNPC generates money for the FG, yeah, true, if you say NPA generates money for the FG yeah, true, but the CBN's core mandate doesn't include generating money for the FG rather it manages the FG's funds and the economy. How can it remit money to itself?

NDIC is Nigeria Deposit Insurance Corporation and it's mandate doesnt include making money for the FG.

Of course there are services these agencies provide through which IGR comes in, some of which are remitted to government and the other percentage utilised by these agencies as required. But they do not necessarily make money for the government.

Equating these agencies to the university somehow answers ASUU questions about IPPIS. Universities have internally generated revenues atimes worth billions, some of which are remitted to the government but they are not listed as money making agencies for government. So if the CBN, NDIC are allegedly exempted from IPPIS, why not universities?

look at how u are talking out of ignorance with so much confidence. Read the CBN and NDIC Acts before assuming

unbitchable:
You are an ibo man but you've been going beserk on this thread. This is about Western region and her monarchs, which has absolutely nothing to do with the southeast region. Can you take a rest & crawl back into your hole.

see painment

unbitchable:
Oba of Benin was always fairly treated and his earnings was reasonably of his status even though his jurisdiction was less economically viable to the region. He was however I'll advised, felt disgruntled and thought he should be on the same pedestal alongside the Ooni whom the British deemed more highly ranked.

oba of benin is greater, in all status, than 2nd class chief ooni of ile ife

skukimania:
Oyo and Osun were one and the same OYO state then.

in 1938, were there oyo and osun states?

KanuSE:
Can you explain sir, is it by exploits or just office?

By what standards do you claim that Ooni is greater Alaafin?

ooni of ife is a 2nd class chief

RedBlackPepper:
This is a concocted information and it is absolutely misleading. Whoever bring this to the front page should be reprimanded. Fake news. How on earth will the salary of Alaafin bigger than that of Ooni of Ife,

was, not will

Iamgrey5:
I believe it's about economic activities in those areas under the King

Alafin had the largest territory to oversee

Alake had the second largest territory to oversee

Awujale oversaw most of ijebu, Ikorodu and Remo

Oni had the least of the territory to oversee

I thought Onii was overseeing the whole of oduduwa territory.

By the way, where is Oba of Lagos?

RichDad1:
Why did you withhold informations ?

*Edited*

information not informations

ojuu4u:
Any lady that see good man, who brings money home to marry her in these Buhari regime,I congratulate her.
I was with 2 teenage girls yesterday, I was scared when they were *lamenting how difficult to have stable relationship, if ladies of 20yrs were lamenting ,I imaging ugly experience that ladies of 30+ would have been subjected to

a 20 year old is not a teenager

Op, u have not stated any specific thing the girl did wrong.
Dont all those posters deceive u. I can see both of you are coming up at your different places of work, I advice you marry her and grow together.
All girls are stingy, my wife is their chairman, but she takes care of the house and the children so well.

Eyeness:
the reason you wrote this is because you don't have much. if she is a good person despite this, then marry her. Actually, you are the provider in the family. How come i never see rich men complain of stingy women?

exactly my thought.
My wife was extremely stingy when I was dating her. And she's still extremely stingy till today after marriage, but I dont bother. I earn enough to take care of myself and my family

judgementyard:
I guess I'll have a change of mind and see the movie, it's been receiving good reviews.

watched it last weekend. Nice movie

pacificman:
lol see this yahoo girl calling another person scammer..you are a scammer and you buy goods from yahoo boys...you are a pure attention seeker..who dash you grandkids...i said it on that brazilian thread that your behind go open soon..quit begging for money..nobody is using your name and you dont have anyname to begin with infact airforce1 relevant pass you..lol...you and your scammer friends are playing games and disturbing us on here and guess what nobody cares

are u sure u are not the scammer? Why exactly are u pained?

All those foreigners from Niger, Chad and Mali that bear Umar Sokoto and Danjuma Katsina and in possession of our National Voter's Card, how are we going to treat their case?

” The notice was given to them on Monday Nov. 18 and it will expire by Monday Nov. 2"
how can notice given on Nov 18 expire on Nov 2, with no year stated?

JamesHanu:
So she got expelled for having sex outside school during vacation or was it because of the video? Mad o

that's the part I dont understand

Life insurance, before and during election only? After election nko?

skelewu404:
text me ur location

yeye bello's assassin spotted

To review and perfect the rigging

References:
Yes.....

Never knew he was Kogite sha...thought he was Yoruba.

there are yorubas in kogi, called okun

LORDKing001:
Who collate am and who signed am

same people that collated and signed other results

Yeye bello armed thugs with guns and cars and they are just going all over shooting , carting away and destroying ballot boxes. Evil men

Yeye bello armed thugs with guns and cars and they are just going all over shooting , carting away and destroying ballot boxes. Evil men

Ankpa township final result
PDP 5,743
APC 1,042

Officially collated results from 19 polling units in Ankpa LGA, Kogi State. B gd.

#kogidecide2019

Ankpa township final result
PDP 5,743
APC 1,042

Officially collated results from 19 polling units in Ankpa LGA, Kogi State. B gd.

#kogidecide2019

ecclize:
action film currently going on in Kogi state

police use helicopter spray tear gas in some parts of lokoja where yeye bello was losing

etrouble:
I thought their son Goatluck Jonathan has turned their community to Paris

as buhari has turned katsina to Washington DC

Osaze007:
He’s a Yoruba man

which yoruba? ilajes are ijaw

garfield1:
Both branches.no be only pdp sabi road to courts

why dont leave Bayelsa election to bayelsans and focus of osun politics
Osun is becoming a failed state, worry about that

NgeneUkwenu:
BREAKING: Appeal Court Clears APC To Participate In Bayelsa Governorship Election*

A Court of Appeal sitting in Abuja has cleared the All Progressives Congress (APC) to participate in Saturday's Governorship Election in Bayelsa State.

The Appeal Court made the following orders:

The appellate court also cleared the APC Deputy Gov candidate, Senator Biobarakuma Degi-Eremienyo for the November 16 election.
This followed Thursday's stay of execution granted by the Appeal Court on a High Court order disqualifying the APC Deputy Governorship candidate

The appeal court ruled That the status quo ante bellum which existed on or before the 19th September, 2019 when the suit was filed be maintained pending the hearing and determination of the Motion on Notice.

3. The Motion on Notice to be heard on 20th November, 2019 and the Respondents to be served with the Motion on Notice and and copy of the Court Order.

no source.