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Enelamah, the minister for trade and investment, as “a respected businessman”, but noted that he “may lack the clout to stand up to the president”.
“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,” The Economist said.
“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 quoted Shehu Sani, senator representing Kaduna central senatorial district, as saying: “It’s a government
with local professionals and without superstars.”
Adeosun, who is expected to better Ngozi Okonjo-Iweala, the immediate past coordinating minister of the economy, has over two decades experience in financing and capital management.
With an economics degree from the University
of East London and a post graduate degree in public financial management from the University of London, Adeosun honed her financing skills at Price Water Coopers and Chapel Hill Denham Management.
She was the commissioner for finance in Ogun
state, from 2011 to 2015, a post she was to
retain, before Buhari’s national call.
On the other hand, Enelamah initially trained as a medical doctor, but went on to qualify as a chartered accountant, earning an MBA from the Harvard Business School.
He is the CEO of African Capital Alliance (ACA),
which principally invests in Nigeria and countries in the Gulf of Guinea, and is reputed as the leading independent private equity firm investing in West Africa.
He previously worked at Zephyr Management
L.P., New York, and South Africa Capital Growth
Fund, Johannesburg. He also worked with Arthur Andersen and Goldman Sachs.
Re: Kemi Adeosun, Nigeria’s Finance Minister Unfit For The New Job – The Economist by fun4:7:10pm On Nov 20, 2015Just imagine the “insult”
Re: Kemi Adeosun, Nigeria’s Finance Minister Unfit For The New Job – The Economist by Demmocrats(m):7:13pm On Nov 20, 2015
Re: Kemi Adeosun, Nigeria’s Finance Minister Unfit For The New Job – The Economist by Lordtrillion(m):7:26pm On Nov 20, 2015
Re: Kemi Adeosun, Nigeria’s Finance Minister Unfit For The New Job – The Economist by courage89(m):7:31pm On Nov 20, 2015She’s not qualified because she’s currently not under their influence. And also because their probabilistic model failed to forecast her outcome, hence reasons to fault her recruitment into the position. Let’s see what they’ll say after 2 years
2 LikesRe: Kemi Adeosun, Nigeria’s Finance Minister Unfit For The New Job – The Economist by ernesty20(m):8:14pm On Nov 20, 2015No yoruba can do the job cos of their poor understanding in business field
INEC Declare Kogi Elections Inconclusive / The Death Of Audu Of Kogi State: The Inherent Legal Implications! / Kogi Scenario: AGF Should Head To Supreme Court(Go Up)
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The Particular Committee arrange by Governor Akinwunmi Ambode of Lagos to
look into Federal Authorities Belongings within the state submitted
its report on Tuesday, arising with a verdict that Ikoyi,
Banana Island, FESTAC and different federal authorities belongings within the state truly belonged to the Lagos State Authorities.
The committee, headed by elder Statesman and former Federal Commissioner for Works and Housing, Alhaji Femi Okunnu on Tuesday
expressed sadness over the present standing of the Federal Secretariat in Lagos and different abandoned and surplus property of the
Federal Authorities within the State, urging that the belongings be
returned to the State Authorities for efficient and correct utilization.
Okunnu, who’s a Senior Advocate of Nigeria (SAN), spoke on the Lagos Home in Ikeja,
Lagos, Southwest whereas presenting the report
of the Particular Committee to Ambode on Tuesday.
He stated the entire of Ikoyi, Banana Island, Osborne
Foreshore, FESTAC City, Satellite tv for pc City,
Commerce Honest, amongst others belonged to Lagos State Authorities,
and that title of the lands had been vested within the Governor of the State, urging the Federal Authorities to handover the belongings to the State Authorities.
Okunnu mentioned the problem of Federal Secretariat in Ikoyi was notably saddening to him for the truth that it was throughout his tenure
as Federal Commissioner for Works that the construction was
“Federal Secretariat provides me sadness as a result of I constructed it when I used to be the Federal Commissioner for Works. The land upon which the secretariat is situated is a part of the Crown land now State land. The title is vested in Lagos State however when he was Governor of Lagos State, Brigadier Common Omobola Johnson (Rtd) agreed to launch that land to Federal Authorities once they wished to construct Federal Secretariat.
“Today, I don’t wish to cross by way of that facet as a result of
it offers me sadness anytime I see it in the present state.
It isn’t solely the quarters however the land on which many of
those buildings within the areas are situate. In our Committee,
Now we have tried to argue that the entire of Ikoyi with the boundary at Lagos Canal standing between Ikoyi Island and Lagos Island, title to the entire
of the Island is vested in the federal government of Lagos State when Lagos grew to become Crown Colony.
The entire of Ikoyi together with Osborn Foreshore, Banana Island, and
others belong to the State Authorities,” Okunnu mentioned.
Going down reminiscence lane, Okunnu mentioned the title to the entire of FESTAC City was vested in the federal government of Lagos State and that the Federal Housing Authority (FHA) remained the tenant of the State Authorities, identical as Commerce Truthful.
“Lagos State Authorities acquired the Land of the Commerce
Honest site however Federal Authorities took over the land
and gave a promise to pay the state compensation which was to be paid
to the unique house owners of the land however that compensation was not
paid. At the moment, the Commerce Honest has been became market removed from the unique function meant.
“Satellite City too is vested in Lagos State. It’s the Federal Authorities which ought to show title to any land which it claims to personal in Lagos State, however I’ll wish to urge the Federal Authorities to return the lands to the State Authorities,” Okunnu stated.
Fans of betting in Owerri received encouragement to keep on betting when a young man won himself
a life changing sum of N30 Million Naira in a Bet9ja game he played with
N100! One hundred Naira! Imagine!
This happened last week at one of the popular betting centers owned by a
guy named Vicki who is also popular in his own way in the betting business.
His office is located at the Akwakuma Junction, Orlu road.
I gathered the game had an extra 400k on top and the winner was said to have given it to
the friend who borrowed him the N100 he used to play the game.
A lot of people have been amazed by the game and are studying it to understand
what the young man (who is now at large for reasons you should know) was thinking when he placed the bet.
His luck might rub of on them. I got the code from one of them who showed me how to login and check
it (I don’t bet so I didn’t know how …lol).
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