International Business Newspaper, THE ECONIMIST has described President Muhammadu Buhari’s finnace minister, Kemi Adeosun as ‘poorly qualified for the job’.
In its review of President Buhari’s ministers, the newspaper wrote, ”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. “It’s a government with local professionals and without superstars,” says Shehu Sani, a senator of the ruling party.
SOURCE: THE ECONOMIST