Ndi Okereke & the Nigerian Stock Exchange
I am not a fan of Ndidi Okereke Onyuike so I might sound a little bias. However, the truth is, I lost confidence in her for two reasons. Firstly, as the NSE boss, her involvement in transcorp alongside former president Obasanjo was to me, very unethical as time has eventually shown. Both Obasanjo and Ndidi Okereke were well positioned in Government and can have priviledge information which they can use to bleed the system particularly in an economy like Nigeria where integrity cannot be guaranteed. Ndidi has information on companies stocks and capitalisation, while Obasanjo has 'Absolute' power. What other way can the Nigerian system, currently struggling with mismanagement and corruption, be manipulated to their combined advantage. Secondly, her role in the dubious Obama fund raising dinner again shows how low and unprofessional she could get. There is nothing wrong with fund raising but fund raising on behalf Obama without his knowledge looks suspicious (as was eventually shown). I do not think she still qualifies to continue to be the NSE boss. She should resign or be fired.
Thank God she has now been fired but it’s a shame the Nigerian Authorities allowed her to rubbish the stock exchange before realising she has not much to offer.
Lewis
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