Nigeria’s foundering economy to test mettle of new ministers Edun, Anite, Bagudu

Africa’s largest economy Nigeria, monolithic and frail at its best for years, gets again the prospect of revamp as President Bola Tinubu named ministers to run three key ministries among those positioned as the anchor of growth under his watch.

The pressure of expectations from a country where four of every 10 persons, according to the World Bank, live on the breadline seems to be weightiest on Wale Edun, the minister of finance whose job functions have been broadened to include overseeing the economy.

Doris Anite, a surgeon with immense experience in treasury and fixed-income trading at Nigeria’s second-biggest bank, Zenith, will lead Trade and Investment.

Atiku Bagudu, the governor of north-western Kebbi State for eight years until 29 May, has undergraduate and master’s degrees in Economics and is to run Budget and National Planning.

Mr Bagudu carries the mark of Cain from having helped Nigeria’s former despot Sani Abacha hide stolen billions of dollars and…

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Nigeria’s foundering economy to test mettle of new ministers Edun, Anite, Bagudu

 

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