Nigerian Export Bank, NEXIM Exempted From Banks Law, Not Regulated By Central Bank – Director, Stella Okotete Denies Illegality In AppointmentThe Nigerian Senate had recommended the resignation or sacking of Okotete over alleged fraudulent misrepresentation regarding her qualification.
The Nigerian Senate had recommended the resignation or sacking of Okotete over alleged fraudulent misrepresentation regarding her qualification.In its function, NEXIM focuses on the development and expansion of the non-oil sectors of the Nigerian economy, with a view to reducing the country's over-reliance on oil exports.
SaharaReporters had gathered that the ruling All Progressives Congress chieftain did not have the 18 years of post-graduation experience required to occupy such high office as specified by the Central Bank of Nigeria circular of 15th October 2015. “A minimum of first degree or its equivalent in any discipline plus a higher degree or professional qualification in any business related discipline. Candidates must also have a minimum of 18 years post-graduation experience, out of which at least 13 must be in the banking industry and at least 2 as General Manager,” the document from the CBN had read.“Evidence of experience in several areas of banking operations including business development and customer services management.
Source: News Formal (newsformal.com)
NeximBank OkoteteStella Hmmm
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