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Adamu Ciroma
Adamu Ciroma (20 November 1934 – 5 July 2018) was a Nigerian politician and Governor of the Central Bank of Nigeria, born to a Bolewa language, Bole family in Potiskum, Yobe State. He was a member of the People's Democratic Party (Nigeria), People's Democratic Party. Second Republic career In 1979, Ciroma was one of the National Party of Nigeria (NPN) presidential aspirants who contested in the party's presidential primary, in which he was supposedly sponsored by the faceless Kaduna Mafia, a rumored group of northern intellectuals, serving officers and bureaucrats stationed around Kaduna. He came third in the primary, behind Shehu Shagari and Maitama Sule, his candidacy having been partly financed by Hamza Rafindadi Zayyad, the head of the New Nigeria Development Company. Ciroma was briefly the secretary of the NPN and he later served at various times as Minister for Industries, Agriculture and Finance. As a senior cabinet minister in the Shagari administration, he played pi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country, promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky regulatory waters. After the end of imperial rule the desire of the government to become pro-active in the development of the economy became visible especially after the end of the Nigerian civil war, the bank followed the government's desire and took a determined effort to supplement any show shortfalls, credit allocations to the real sector. The bank became involved in lending directly to consumers, contravening its original ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
