constituted cabinet of President Muhammadu Buhari, with a verdict that
the Minister of Finance, Mrs. Kemi Adeosun, who has an Economics
degree from the University of East London and a Post Graduate degree
in public financial management from the University of London, is
poorly qualified to manage the nation's economy.
It however described the Minister for Trade and Investment, Mr.
Okechukwu Enelamah, as "a respected businessman", but feared that he
"may lack the clout to stand up to the president".
According to the publication, "Africa's biggest economy, which relies
on oil for 70% of its revenue, is sputtering as prices fall. Economic
policy has been adrift since Mr Buhari came to power, and investors
complain about the central bank's use of trade controls and import
restrictions.
"However, the new finance minister, an accountant who cleaned up the
books of one of Nigeria's smaller states, is poorly qualified for the
job.
"Her counterpart in the investment ministry is a respected
businessman, but he may lack the clout to stand up to a president with
statist leanings."
The report further quoted the lawmaker representing Kaduna central
senatorial district in the National Assembly, Senator Shehu Sani, as
describing the cabinet as "a government with local professionals and
without superstars."
-DailyPost
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