Omonigeriarere:
For some times now as Nigeria’s economic problems deepen due to the fall in oil prices and the rapid devaluation of the Naira against the Dollar in the parallel (black) market, some naive folks and arm chair critics who can’t see beyond their nose mostly out of sentiment now analyze the Nigerian economy like experts in the mold of Adam Smith, Lord Alfred Marshal, or Robert Keynes.

They blame the Minister of Finance, Kemi Adeosun for the free fall of the Naira and the over-bloated 2016 budget. They see her as inexperienced, incompetent, and poorly qualified if at all fit for the job. They blame her for everything wrong with the economy. Their description of her is in fact a reflection of how daft and shallow their minds are because it clearly shows that they have no knowledge of how the economy works. As if not done, they still go around crediting the recent gains by the Naira against the US Dollar to the politician cum businessman, Chief Ifeanyi Ubah. That level of daftness is quite nauseating; especially coming from supposedly educated people.

It was revered Professor Akin Oyebode, a professor of law who first claimed Mrs. Kemi Adeosun is poorly qualified for the position of Nigeria’s Minister for Finance and his only reason was that she couldn’t gain admission to Harvard Business School(HBS). Excuse me!!! When did attending Harvard become criteria for choosing finance ministers? How many Harvard ex Nigerian Finance Ministers have rescued Nigeria from financial deep? Is it because the cerebral young woman doesn’t come out to bamboozle the public with economic jargons and esoteric figures?


[b]As per her qualification, she holds a Bachelor’s degree in Applied Economics from the University of East London and a Masters in Public Finance from the University of South London with membership of all the relevant accounting professional bodies in UK and Nigeria aside working for Price Waterhouse Cooper (PWC) and top financial houses with experience spanning some 22 years. She was also Commissioner for Finance of Ogun State for 4 years (2011-2015) where she did wonders in raising the IGR several folds and keeping the books clean paving the way for her meritorious rise to her present position. Not even Chief Okotie Eboh or Pat Utomi or Charles Soludo were as experienced as Kemi now when they got appointed to pivotal positions as economic adviser, Minister of Finance, and CBN Governor respectively. Pat Utomi was appointed Economic Adviser to President Shagari at age 27. How much experience had he at the time? Same age was also Chief Okotie Eboh. Charles Soludo was made CBN governor and did very well even with zero work experience. Only academic consultations and teaching;for which top bankers and captains of industries cried wolf. Let’s give Kemi Adeosun a chance to prove herself and fortunately she’s been doing great and putting up a lot of sacrifice. Am I the only one noticing her weight loss and (apparent) slight aging since becoming minister?
[/b]

The position of Finance Minister or any office is not the preserve of anyone or group of people and everyone must not be judged according to other people’s standards. The fastest rising economies in the world weren’t built by Harvard or Ivy League grads neither did the World Bank and IMF hawks give them a chance when they were building from foundation. Auntie Kemi is young, beautiful, and brilliant with the grit and grace to lead Nigeria’s economy to Eldorado whether naysayers like or believe her or not.

Source - http://www.politicalreport247.com/2016/03/haters-leave-kemi-adeosun-alone-by.html

slimmy2005:
Another ignorant octopus. Stop this unnecessary competition. Okonjo has been tested and trusted, she is a world class product. Obasanjo begged her, not appointed to come and work for her country. She came in right from world bank mugu. Adeosun is a monday to friday PwC worker. No economic acheivement

slimmy2005:
She attended a low standard school and such do not get better internship or lecture from experts (University of East London and a Masters in Public Finance from the University of South London). The OP is just an ignorant attention seeking thug. Kemi is still a baby. Soludo's propfile would swallow all she has achieved. She is not an expert, just a regular Monday to Friday worker.

We need expert, not quacks from low standard schools and training. A third class degree holder in Nigeria can still gain admission in those rubbish low standard schools.

waow. You eider atendeth masechusets institute of tecnologhy MIT or banana iceland univesity d two best school in d world. Smath boy! World classed scholar! i bet u reject ministar poast if d president gaved u. Grate patroit! Genius fellow. MENSA memba

slimmy2005:
She attended a low standard school and such do not get better internship or lecture from experts (University of East London and a Masters in Public Finance from the University of South London). The OP is just an ignorant attention seeking thug. Kemi is still a baby. Soludo's propfile would swallow all she has achieved. She is not an expert, just a regular Monday to Friday worker.

We need expert, not quacks from low standard schools and training. A third class degree holder in Nigeria can still gain admission in those rubbish low standard schools.

slimmy2005:
Another ignorant octopus. Stop this unnecessary competition. Okonjo has been tested and trusted, she is a world class product. Obasanjo begged her, not appointed to come and work for her country. She came in right from world bank mugu. Adeosun is a monday to friday PwC worker. No economic acheivement

Integrityfarms:


Who assisted Nigeria to clear the debt of the Paris club? Who created the Excess Crude Account and the Sovereign Wealth Fund?

Is it not the then governors that went on a sharing spree of the ECA through the state's commissioners of finance by arm twisting NOI?

Kemi is Inexperienced

Integrityfarms:


Who assisted Nigeria to clear the debt of the Paris club? Who created the Excess Crude Account and the Sovereign Wealth Fund?

Is it not the then governors that went on a sharing spree of the ECA through the state's commissioners of finance by arm twisting NOI?

Kemi is Inexperienced

themilanway:
I will always take madam Kemi any day any time over a hundred Ngozi okonjo Iweala aka madam voodoo economist.

Kemi might be untested and unproven,I'm more than willing to giver her a chance and weather the storm together with her,so long she is atleast honest and practical with the affairs of the nation.

Only dumbos makes silly and unsubstantiated noise about kemi and her work.

Nice read by the way.

grandstar:
She is not responsible for the free fall of the naira. Buhari is solely responsible by saying he won't devalue the naira and by excluding 41 products from the CBN forex window.

Anyway, she is still a lightweight and not qualified for the job.

The finance and accounting industry is much different from the economic world. At times, it can be like a dentist taking the lead in a heart surgery.

Soludo may not have had the kind of experience which Adeosun had but he must have written academic papers which showed his mettle.

I credit the man today for building the country's middle class and deepening the banking sector. Dangote said that he would not be where he is today without the banking consolidation.

Yes, there were a few gaffes such as the banking crisis. The fault there i suspect must have been his arrogant nature which must have irked the guys in the Central Bank who decided to teach him a small lesson. Over 10, I give him an 8

Truth is, Adeosun is not fit for the post. She does not behave like an economist and that is her biggest offence

Sealeddeal:
Nonsense! No be only East London and South London. She should also get enrolled into West London and North london schools.
I pity the woman. She was set up to fail and such will dent her image. Kemi Adeosun is as confused as other ministers under Buhari. She became a minister of Finance when the work requires someone more tactful and exposed than she is.

chuckynath:
Ur analysis is so shallow and unfortunate that you tried to compare prof soludo and kemi.please get your facts right.the bitter truth is that kemi adeosun is least qualified for the job.the earlier this anormaly is correct the better for us all.
God bless Nigeria!

seunaj:
Well, this writeup to me looks so vague and without adequate facts and figures but more of personal opinion which of course, the writer is entitle to. But let me quote the writer " how many Harvard ex Nigerian Finance Ministers have rescued
Nigeria from financial deep?" sorry, u wouldn't even go there. Even ppl that understands economy much more than u, in the likes of Baba Obj clamored for NOI to become Buhari's vice after foreseeing the economic crisis that Nigeria is unfortunately experiencing @ the moment.
U can't be objective and underestimate the power of NOI's economy wit. The naira had started falling big time before handing over to the present administration, but people like OP wouldn't understand because it was properly managed by the then finance minister. I am very hopeful that things will change for the better but let someone please inform Kemi on time that she needs to work harder.

Niceman4u:

If u had pointed out one economic policy or policy statement for economic development from Kemi ds ur missive would ve been interesting.
My friend, am nt one of those haters bt I am one of those that ve reservation abt her competence to bring huge change to d economy.
Kemi's body language alone each time I see her on TV tells me dat she s wearing an over-sized shoe, dat she s in an office dats far bigger dan her capability.
I tink those guys u mentioned, Eboh nd Utomi played advisory role which to me were theoretical. academic knowledge can b enuf to be an adviser because d job s theoretical in nature.
Finance minister s d driver, d economic driver therefore d pragmatism s exppected to b seen.

Niceman4u:


I tink there s no basis for d comparison! Ngozi s a renowned economist, MIT trained economist, world bank recognised economist. The problem was dat Ngozi swam in the ocean of corruption of d last administration. I don't lik Ngozi, I don't lik her performance especially in d latter part of d last administration bt my friend, d truth be told, Ngozi s much experienced dan Kemi as far as matters of national economy is concerned.

specco:
What I see here is 'Lets not allow one of our own go down. Lets defend her at all cost'
Truth be told. Ms Adeosun doesnt have a firm grip on the levers of this economy. And those making comparison bw NOI and Kemi are just being mischivous. NOI is deep in economic dexterity. I wish Kemi luck.

Ioannes:
our Igbo brethren have a huge challenge with their inherited clannish nature unfortunately.

all :Pthey can see is Kemi Adeosun is Yoruba and not Igbo so she is not good enough, she shouldn't be there.

Ngozi was there for donkey years and messed up the economy even more despite an over-rated Harvard degree.

she and her boss gej were corruption personified.

whoever doesn't like Kemi Adeosun can relocate to Syria. we will help them pack their loads and drive them down to the border.

#TeamKemiAdeosun