In
2006, President Obasanjo met with the CEO of the New York Stock
Exchange in Davo, Switzerland and requested to ring the closing bell at
the NYSE. He cited instances with the economic reforms being pushed by
Dr. Iweala( whom 'our' governors wants sacked) and finally got a subtle
and tentative invite by the new CEO.
The NYSE uses its selection of bell ringers to make strategic statements about the direction of the exchange and its seen as a strong endorsement to potential investors all over the world .
On arrival for the ceremony , the NYSE told President Obasanjo that the request was not approved and that the President can come for a 'lunch', which is a lesser endorsement at the Stock Exchange. Characteristic of OBJ, he got infuriated and shunned the Lunch.
A few months earlier, three African Presidents have been lumped together to ring the closing bell at the exchange. They were the President of Liberia, Ellen Johnson-Sirleaf,
the President of Mozambique, Armando Guebuza and the President of Tanzania, Jakaya M. Kikwete.
Many African analysts saw this as a let down on Africa as many smaller European country's presidents had rung the closing bell alone.
The NYSE uses its selection of bell ringers to make strategic statements about the direction of the exchange and its seen as a strong endorsement to potential investors all over the world .
On arrival for the ceremony , the NYSE told President Obasanjo that the request was not approved and that the President can come for a 'lunch', which is a lesser endorsement at the Stock Exchange. Characteristic of OBJ, he got infuriated and shunned the Lunch.
A few months earlier, three African Presidents have been lumped together to ring the closing bell at the exchange. They were the President of Liberia, Ellen Johnson-Sirleaf,
the President of Mozambique, Armando Guebuza and the President of Tanzania, Jakaya M. Kikwete.
Many African analysts saw this as a let down on Africa as many smaller European country's presidents had rung the closing bell alone.
