Pius Okigbo
Encyclopedia
Pius Okigbo was an eminent Nigerian economist
from Ojoto, Anambra State
. He earned a Bachelor of Science
degree in Economics through private study, after, he proceeded to Northwestern University
, where he earned an MA and Ph.D in Economics.
As a scholar, he contributed a great deal in propelling into academic discourse, new methods for solving African economic problems. He gained academic acclaim in Nigeria when he published a book on the national accounting standard of Nigeria. He was then appointed as the economic adviser to the governor of the Eastern region of Nigeria.
As an erudite scholar on public finance, he lent his service to public scholarship and policy, he was chairman in a number of Nigerian committees, particularly those dealing with the economic direction of the country. In 1994, as chairman of a committee to probe the activities of the Central Bank of Nigeria
, he released a report critical of the government's role in mismanaging 12.4 billion dollars of oil
revenues accrued primarily to two special accounts. The panel's report is popularly known as the Okigbo report.
He was one of the scholars who believed that commodity shocks, deficit financing and government mismanagement are the bane of Nigeria's economic development.
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
from Ojoto, Anambra State
Anambra State
Anambra is a state in south-eastern Nigeria. Its name is an anglicized version of the original 'Oma Mbala', the native name of the Anambra River. The Capital and the Seat of Government is Awka. Onitsha and Nnewi are the biggest commercial and industrial cities, respectively. The state's theme is...
. He earned a Bachelor of Science
Bachelor of Science
A Bachelor of Science is an undergraduate academic degree awarded for completed courses that generally last three to five years .-Australia:In Australia, the BSc is a 3 year degree, offered from 1st year on...
degree in Economics through private study, after, he proceeded to Northwestern University
Northwestern University
Northwestern University is a private research university in Evanston and Chicago, Illinois, USA. Northwestern has eleven undergraduate, graduate, and professional schools offering 124 undergraduate degrees and 145 graduate and professional degrees....
, where he earned an MA and Ph.D in Economics.
As a scholar, he contributed a great deal in propelling into academic discourse, new methods for solving African economic problems. He gained academic acclaim in Nigeria when he published a book on the national accounting standard of Nigeria. He was then appointed as the economic adviser to the governor of the Eastern region of Nigeria.
As an erudite scholar on public finance, he lent his service to public scholarship and policy, he was chairman in a number of Nigerian committees, particularly those dealing with the economic direction of the country. In 1994, as chairman of a committee to probe the activities of the Central Bank of Nigeria
Central Bank of Nigeria
The Central Bank of Nigeria was established by the CBN Act of 1958 and commenced operations on July 1, 1959.The major regulatory objectives of the bank as stated in the CBN act of 1958 is to: issue legal tender, maintain the external reserves of the country, promote monetary stability and a sound...
, he released a report critical of the government's role in mismanaging 12.4 billion dollars of oil
Oil
An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....
revenues accrued primarily to two special accounts. The panel's report is popularly known as the Okigbo report.
He was one of the scholars who believed that commodity shocks, deficit financing and government mismanagement are the bane of Nigeria's economic development.
External links
- http://www.nnma.gov.ng