Wednesday, April 24, 2024

Twitter Office: Nigerians slam Abubakar Suleiman as quota CEO of Sterling Bank

Some commentators said Mr Suleiman’s executive position at Sterling Bank was based on affirmative action rather than merit.

• April 13, 2021
Abubakar Sulieman
Abubakar Sulieman

Some Nigerians on micro-blogging platform Twitter believe that Abubakar Suleiman is unfit as the CEO of Sterling Bank after he weighed in on an argument occasioned by the social media company’s decision to open its first African office in Ghana rather than Nigeria.

On Monday evening, Twitter CEO Jack Dorsey announced that the tech giant was launching its first Africa office in Ghana.

Citing basis for its preference for Ghana, the company described Nigeria’s West African neighbour “as a champion for democracy, a supporter of free speech, online freedom, and the Open Internet, of which Twitter is also an advocate.”

Twitter’s announcement stirred reactions from Nigerians, with some arguing that it is a win for West Africa, while others argued that the social media company sidestepped Nigeria due to its current situation.

They argued that Nigeria, being the giant of Africa “deserves to be home to the company,” but the country was overlooked due to widespread corruption, epileptic power supply, bad leadership, bad infrastructure and the general high-handedness of the Buhari regime.

Weighing in on the debate, Mr Suleiman, in a series of tweets, blamed Nigerians for always condemning the country, a practice he said was dissuading potential investors. 

“First you tell the world Nigeria is a zoo,” the CEO said, while asking the citizens not to wonder why Ghana was chosen over the country,” the Sterling Bank chief said. “If you can’t sell yourself, nobody will buy you. Nigeria remains the heartbeat of Africa, our current struggles notwithstanding.”

In another tweet, Mr Suleiman said that “You replace a bad government & reform a broken country, not the other way round. It doubt that a bad government can be reformed by criticism but I am certain you can’t replace this country.” 

He further derided Nigerians who slammed his ‘gaslighting’ tactics as too dumb to properly debate him on the issue, ignoring scores of comments that said President Muhammadu Buhari’s statist policies and disregard for human rights and judicial institutions were responsible for Nigeria’s failing economy and foreign investors’ disregard for Africa’s most populous country.

Some commentators said Mr Suleiman’s displayed an apparent lack of basic knowledge of how a modern democracy and economy should function, saying his executive position at Sterling Bank was based on affirmative action rather than merit.

“If Sterling Bank were a serious bank, Abubakar Suleiman would be out of job by now for bringing opprobrium to its good name. The effrontery is borne out of the fact that he’s planted there in fulfilment of federal character,” Twitter user @OdogwuOgbete said. “No MD of a serious bank dares engage in a public fight.”

“And if you’re looking for one case against statism, Abubakar Suleiman and Sterling Bank are one. The MD need not perform on the job. As long as he’s seen as loyal to the State, performance can take a long hike. That was how government-owned banks were run aground in the 80s,” the user added. 

Another user, @TosinOlumide opined that Nigerian youths close down their Sterling Bank accounts for the CEO’s “disrespectful” manner.

“There is need for young people to close their accounts in Sterling bank. These guys who became fortunate through the instrumentality of the faulty system can’t continue to talk in a disrespectful manner without consequences,” he tweeted.

Mr Abubakar, 48, has been CEO of Sterling Bank since 2018. He obtained his first degree from the University of Abuja and his master’s from Oxford. 

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Textbooks used to illustrate the story

Education

National Library seeks increased govt funding to promote reading culture in schools

Ms Okeke stressed the transformative power of reading and its role in personal growth and success.

Kabiru Marafa

NationWide

Group tackles northern elders, Marafa over ‘blind’ opposition to Tinubu’s govt

The forum said those dreaming of whipping up sentiments to derail the Tinubu administration would fail.

MTN

Economy

MTN records highest number of subscribers porting to other networks

The analysis also revealed that EMTS recorded 676,944 port-ins.

Kwara state governor, AbdulRahman AbdulRazaq

Faith

Abdulrazaq appoints Oloriegbe as Kwara Ameerul-Hajj for 2024

The government relied on the senator to use his knowledge and understanding to improve coordination and efficiency for the exercise.

Drunk driving

World

Body of man acquitted of drunk driving brews alcohol in rare medical condition

Ms Ghesquiere said in another unfortunate coincidence, her client works at a brewery.

Godwin Emefiele in court (Credit: Nigerian Guardian)

Heading 4

Tinubu’s SSS repeatedly violated Godwin Emefiele’s human rights: U.S.

“In their prosecution of corruption cases, law enforcement and intelligence agencies did not always follow due process.’’