Monetary Policy Strengthens Local Currency – Mrs Madubueze, President CIBN

Recently the President of the Chartered Institute of Bankers of Nigeria (CIBN), Mrs. Juliet Madubueze granted an interview to Economic Confidential‘s Associate Editor, Tunde Akin on various issues including new provision in CIBN Act 2007, liberalization of accounting profession, the monetary policy amongst others. The interview was conducted before the recent development on the redenomination of Naira.

Failed Banks: Why We Chose Purchase & Assumption Option – Ganiyu Ogunleye NDIC Boss

Holding down the Managing Director of NDIC, Ganiyu Ogunleye, for an interview is a task more difficult than liquidating a failed bank. Getting him to speak is like passing a camel through the eye of a needle. Ogunleye, OFR, has come to be known as Mr. Liquidator or better still Mr. Purchase & Assumption, a model currently being used by the corporation to dispose failed banks to stronger banks.

How We Manage Federation Account and Excess Crude Proceeds – Ibrahim Dankwambo, AGF

After six years of immaculate performance as Accountant-General of Gombe State, Alhaji Ibrahim Dankwambo was appointed the youngest Accountant General of the Federation (AGF) in the history of the country by the former President Obasanjo in 2005 to reform the Treasury and the Office of the AGF. In this interview with Economic Confidential Associate Editor, Tunde Akin, Dankwambo spoke virtually on all the areas the public need to know about Reforms, oil sales, NNPC accounts, Excess Crude and Federation Accounts management, among others.

Nigeria’s External Debt is Sustainable after the Debt Relief– Muhtar, DMO Boss

Director-General of the Debt Management Office, Mansur Muhtar, spoke to Economic Confidential magazine on the London Club debt exit and other issues as President Olusegun Obasanjo will bequeath to new administration come May 29, 2007 an external debt stock of US$3.035 billion from an excruciating external debt of over US$31 billion in 1999 and US$35.916 billion in 2004. Muhtar says Nigeria’s external debt is now sustainable

How Population Affects Revenue Allocation Formula – Hamman Tukur Chairman RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission is a constitutional body saddled with the responsibilities, amongst other things, of proposing a revenue allocation formula for the nation. The chairman of the Commission is Engr. Hamman A. Tukur who is presently in his second tenure at the revenue agency. In this interview, the Chairman answers questions on the implications of the just-released census figure on revenue sharing. He also talks on the position of the new proposed Revenue Formula before the National Assembly. Excerpts: