The Economist — the English newspaper that referred to Kemi Adeosun, Nigeria’s finance minister, as “poorly qualified” eight months ago — now says she is a “tenacious minister” fixing the country’s economy.

In November 2015, The Economist said Adeosun, who has over two decades of experience in financing and capital management, had only managed one of Nigeria’s smaller states.

“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,” The Economist had said.

But in less than a year on her job, the paper now sees Adeosun as helping Nigeria get control of its earnings.

“In an effort to fix this, a tenacious finance minister, Kemi Adeosun, has told skint governors that they must make their finances public before they receive a second federal bailout,” the newspaper said.

“She has struck thousands of ghost workers off the public payroll. Her ‘treasury single account’ (TSA) may be the biggest coup of all. It replaced a labyrinth of government piggy banks, giving Nigeria more control of its earnings.”

It added that financiers reckon that Nigeria’s TSA “could serve as a lesson to others in West Africa as well”.

The Economist further explained how President Muhammadu Buhari has been fighting corruption in Africa’s largest economy.

“Mr Buhari’s government has been learning from other crusading countries, such as Georgia. But not everyone is impressed. His political opponents, who ruled Nigeria for 16 years until 2015, call the campaign a witch-hunt.

“There are reasons to doubt the capacity of the anti-corruption agency—and of the courts—to hold the powerful to account. The EFCC is yet to send down any of its most influential adversaries, though it is splurging on training for prosecutors.

“Under new management, the Nigerian National Petroleum Corporation has grown slightly less opaque: it now publishes monthly financial reports.”


Source: https://www.thecable.ng/extra-from-poorly-qualified-the-economist-says-adeosun-is-a-tenacious-minister#at_pco=smlwn-1.0&at_si=57f24fd246c05416&at_ab=per-2&at_pos=0&at_tot=1

I'll wait for Fayose's reaction to this...

I'm not Impressed. .

TonyeBarcanista:
I'm not Impressed. .

About?

So, tell me, what captivates your impression. What?

is kemi adeosun against Nigerian or for? food for thought

I won't commentuntil reno omokri speak on this issue

The economist is in a state of higihaga

Tenacious my ass.....

It left for Nigerians to defined their to emancipation from the grip of western world. Who will not want Africans to self reliance. Africans being bedeviled by bad leaders, will loot their country dry and take the loot to USA, UK etc.

Outdated news, the article was posted since July and I'm certain that the Economist won't say she is tenacious now after witnessing her flagrant incompetency in overseeing the economic affairs of the nation.

The economist doing its best to prop up the sagging reputation of one amature finance minister. This screaming economy has been effectively navigated straight into a ditch by one eternaly blundering Kemi Adeosun and the imperialists and their mega media outfits are all lining up to praise her. why wont they? With the economy in coma, the country is about to be auctioned off to a bunch brief case investors as scrap, no thanks to a litanny of failed fiscal policies initiated by this scarry regime. . , phoney investors who are nothing but fronts for powerfull ex this and ex thats dominating politics in this country today are the ones dumping all sorts of paid articles to burnish the gorry image of a failed regime.

The Economist's opinions are inconsequential. We all know fixing a battered economy isn't child's play, something the so called technocrats couldn't achieve. I respect how she's going about her job without making much noise or pandering to the fickleness of some wannabe Pulitzer prize winners...



We will get there, Nigeria.

More like a lotto accountant

When the incompetent rule the people suffer.

TonyeBarcanista:
I'm not Impressed. .

Who cares if you are?

TonyeBarcanista:
I'm not Impressed. .

Who cares if you are?