Mustafa Chike-Obi

Inaugural CEO of the Asset Management Corporation of Nigeria. University of Lagos trained Mathematician. Stanford M.B.A.. Wall Street Veteran. Goldman Sachs

[Mustafa Chike-Obi @ChikeMustafa]

@investlagos_ I wish to commend our forward looking Governor on a very ambitious and impressive Lagos 3.0 summit. I sincerely hope the folllow-ups are equally impressive. Congratulations to all involved.

[Mustafa Chike-Obi @ChikeMustafa]

@OpeBee I said earnings. Remittances don’t belong to the government and FPI is short term volatile debt .

[Mustafa Chike-Obi @ChikeMustafa]

Given that over 80% of Nigeria’s FX earnings are from crude oil sales, where would we get dollars for other critical imports if we sold all our crude in naira like many are advocating??

[Mustafa Chike-Obi @ChikeMustafa]

@Maziitunde 127

[Mustafa Chike-Obi @ChikeMustafa]

@EricLDaugh You are an idiot

[Mustafa Chike-Obi @ChikeMustafa]

@toluogunlesi Why do you consider government appointments as enjoyment?

[Mustafa Chike-Obi @ChikeMustafa]

Without getting into the merits or otherwise of the new tax laws, I can safely say that no policy initiative in my memory has caused so much anxiety , confusion and concern in the country. Few understand how it will affect or benefit them. I advise the government to proceed very cautiously.

[HuffPost @HuffPost]

The decision will hand Trump even more autocratic power than he already has. https://t.co/jlIz30pi1m

[Mustafa Chike-Obi @ChikeMustafa]

Had a very pleasant flight on Air Peace to London. Certainly on par with the more expensive foreign airlines. I would support a policy encouraging Government officials to make Air Peace first choice on the foreign routes it serves.

[Mustafa Chike-Obi @ChikeMustafa]

@FinPlanKaluAja1 You made a general statement. I didn’t argue with your math nor did I mention Canada. You need to listen sometimes

[Mustafa Chike-Obi @ChikeMustafa]

Incumbency appears to be in danger across the world. UK, USA, France, Ghana, Syria..to name a few. I would suggest less hubris and more inclusiveness to incumbents everywhere.

[Mustafa Chike-Obi @ChikeMustafa]

It is wrong to call people with identified fx liabilities speculators because they hold dollars against those expected liabilities. The correct financial term is hedging. Holding naira against future fx liabilities like fees and mortgages is actually speculation.

[Mustafa Chike-Obi @ChikeMustafa]

The statement credited to NNPCL and IPMAN about the pricing or Dangote refinery products is short sighted. Dangote products should command a premium because of local employment, supply security, and monitoring. Premium should be negotiated in good faith by NNPCL and Dangote.

[Mustafa Chike-Obi @ChikeMustafa]

I have read the personal views of some Bank Chairmen on the windfall tax issue. Those views do not represent the banking community. BDAN will communicate its views after our board meeting on the 12th, on this and other very important issues concerning our community.

[Mustafa Chike-Obi @ChikeMustafa]

@oagbakoba @officialABAT Olisa! Increasing to 2.4 million barrels is neither simple nor possible in the short term. It involves massive investment in the order of over 30 billion dollars which we don’t have. It involves foreign investment, mostly from the very same IOCs you are demonizing.

[Mustafa Chike-Obi @ChikeMustafa]

@ndekekwe What’s wrong with pension funds investing in FG guaranteed infrastructure projects. Same risk as FG bonds, higher returns.

[Mustafa Chike-Obi @ChikeMustafa]

The announcement of the MOF to approach Pension Funds for Govt guaranteed infrastructure projects is a welcome and innovative development. Such projects have the same risk as FG bonds with the potential of higher returns for the benefit of pensioners. Kudos.

[Mustafa Chike-Obi @ChikeMustafa]

@emiomoBalogun Economy

[Mustafa Chike-Obi @ChikeMustafa]

Will be on CNBC today at 2.30 pm.