Kemi Adeosun. the newly appointed Nigeria’s minister of finance has been described by the Economist magazine as “poorly qualified for the job” of minister for finance. Economist magazine was unimpressive with her experience and educational background.
The Harvard trained Okechukwu Enelamah, the minister for trade and investment was the preference for the finance portfolio. Enelamah who was characterized by the magazine as ” respected businessman but he may lack the clout to stand up to a president with statist leanings.”
This is how the Economist put it:
“Critics also fret over an absence of desperately needed financial expertise. 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.”
On rating of Amaechi, minister of transportation, Economist wrote: “Rotimi Amaechi, who won the transport post, say he has delivered roads despite accusations of corruption, which he denies.”