English newspaper, The Economist, has undertaken a review of the newly 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 nationâ€™s economy.
It however described the Minister for Trade and Investment, Mr. Okechukwu Enelamah, as â€œa respected businessmanâ€, but feared that he â€œmay lack the clout to stand up to the presidentâ€.
According to the publication,
â€œAfricaâ€™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
bankâ€™s use of trade controls and import
â€œHowever, the new finance minister, an accountant who cleaned up the books of one of Nigeriaâ€™s smaller states, is poorly qualified for the job.
â€œHer counterpart in the investment ministry is a respected businessman, but he may lack the clout to stand up to a president with statist leanings.â€
The report further quoted the lawmaker representing Kaduna central senatorial district in the National Assembly, Senator Shehu Sani, as describing the cabinet as â€œa government with local professionals and without superstars.â€