Roberts Orya Explained

Office:Former Managing Director/Chief Executive Officer
Nigeria Export Import Bank (NEXIM)
Term Start:August 2009
Term End:February 2016
Birth Place:Ugwe, Benue State, Nigeria
Occupation:Businessman, Banker, Management Consultant
Alma Mater:University of Ibadan

Roberts U. Orya is a former managing director and CEO of the Nigerian Export-Import Bank (NEXIM) and honorary president of the Global Network of Export-Import Banks and Development Finance Institutions.[1] He entered office in August 2009 to lead the bank's executive management team.

Family background and early education

Orya was born in Ugwe, Benue State, Nigeria, from a poor background and a father who was physically challenged. He later attended Benue State Polytechnic from where he got an Ordinary National Diploma after completing his studies at the Teacher's College where he obtained a National Certificate of Education.[2]

NEXIM Bank

By December 2009, the new management of the bank inherited debts totaling about ₦14.6 billion, about 72 per cent of which was categorized as non-performing, while over ₦10.03 billion (69.05 per cent) was classified lost or irrecoverable in line with prudential guidelines.[3]

Achievements and initiatives At NEXIM Bank

Orya led the initiative of the Nigerian Export-Import Bank (NEXIM) in conjunction with the Federation of West African Chambers of Commerce and Industry.

To broaden the scope of the credit offering by the bank to guarantee credits for both export and import as well as credit insurance, he led the bank entered into agreements with some international credit institutions like the Islamic Development Bank.Through his leadership the bank also generated about 1.3 billion dollars (about ₦164 billion) foreign exchange earnings for the country during the period.[4]

Legal proceedings

In May 2021, the Benue State High Court ordered NEXIM to pay ₦500 million to Orya as damages for "unlawful arrest and detention".[5]

Policies and presentations

Orya's leadership in NEXIM initiated the Sealink project.[6] He has contributed to national and international policies including:

Notes and References

  1. Web site: 2015-05-20. Robert Orya Emerge Head of GNEXID. Premiumtimesng.com . 2021-05-18.
  2. Web site: Neatness is style — Roberts Orya . Punchng.com . 2012-12-02 . 2015-03-17.
  3. Web site: Agbese. Philip. 2013-04-20. NEXIM Sealink re-awakening Africa's Giant. 2021-05-18. Nigerian Voice.
  4. Web site: 2014-06-18. NEXIM Disburses N92.5bn To Exporters. dead. https://archive.today/20150422001828/http://leadership.ng/business/375010/nexim-disburses-n92-5bn-exporters. 2015-04-22. leadership.ng. 2021-05-18.
  5. Web site: 2021-05-10. Court awards N50 million against NEXIM Bank for ex-MD's illegal detention. 2022-01-25. en-GB.
  6. Web site: 2011-08-17. NEXIM sea-link project would cost $61.5 million - Roberts Orya - Nigeria Business News. 2021-05-18. Businessnews.com.ng.
  7. Web site: Economic diversification, non-oil export growth back on front burner, by Roberts Orya -. May 3, 2015.
  8. Web site: 2014-01-27. NEXIM Bank Rated as Best Performing African Development Finance Institution (DFI). dead. https://web.archive.org/web/20151215223417/http://africabusiness.com/2014/01/27/nexim-bank/. 2015-12-15. 2021-05-18. africabusiness.com.
  9. Web site: Njoku. Benjamin. April 27, 2012. FG commences disbursement of $200m entertainment fund. live. https://archive.today/20210518022102/https://www.vanguardngr.com/2012/04/fg-commences-disbursement-of-200m-entertainment-fund/. 18 May 2021. vanguardngr.com. 18 May 2021.
  10. Web site: Development and Finance . Financial Nigeria . 2021-05-18.