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HomeExecutive BriefMy take on President Tinubu's ministerial portfolio allocations (Part 1)

My take on President Tinubu’s ministerial portfolio allocations (Part 1)

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By Opeoluwa

I understand people’s disappointment, but I honestly think it’s a fair portfolio. I think the following are exciting portfolios: solid picks and a round peg in a round hole. Finance, Edun. Digital economy: Bosun Attorney General Fagbemi Works: Umahi. Education: Maman.

Transportation: Oyetola And Foreign Affairs—Tuggar. Minister of Housing and Urban Development, Ahmed M. Dangiwa

Water resources: Joseph Utsev (PhD) in water resources and engineering). Industry, trade, and investment: Dorris Anite (while at Zenith Bank, she was in charge of their Fixed Income and Currency Trading, Asset and Liability Management, Treasury Corporate Sales, and Financial institutions).

She was responsible for the bank’s investment. For health, I like that it is renamed health and social welfare, like what is obtainable in the UK. I like that two major technocrats (Pate and Alausa) will be pursuing the Renewed Hope agenda for health. It also means more budgetary allocations for health. Humanitarian issues are encompassing and fall under the purview of public health.

No other person is more fitting than Betta Edu, who has a master’s degree in public health. For the Ministry of Information, I know a lot of people were expecting to see Dele Alake but trust me, Mohammed Idris is equally a solid pick and needs no introduction.

He is An accomplished media entrepreneur, Publisher, chairman, and Chief Executive Officer of the Blueprint newspaper; a Fellow of the Nigeria Institute of Public Relations (NIPR); he also once served as the Editor-in-Chief of The Market; Chairman of the Nigerian Institute of Public Relations, Kaduna State Chapter; and Vice Chairman, the Public Relations Consultative Association of Nigeria (PRCAN), amongst others.

I think the politics behind this move is that the president needs his PR to be loudest in the north, and no other person is more fitting. Believe it or not, by virtue of Atiku Bagudu’s CV  (Bsc and MSc) in economics, former banker and lecturer), I won’t fault his Portfolio as the minister for Budget and economic planning.

For FCT, we were expecting Zephaniah Jasilo, but I understand the president may not want to set a dangerous precedent of entitlement where any FCT resident nominee will want to lay claim to the position of FCT minister.

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There is also an issue of competence with Jisalo as FCT minister. It is fair that the president has recognized one of them and made him a minister. Adebayo Adelabu’s appointment as minister for power is more like an audition to prove himself and make his job easier before becoming governor of Oyo State in 2027.

That Is a big motivation. Dele Alake as minister for mines is more like an extension of PBAT. I also think PBAT will be the petroleum minister. Putting his strongest ally in that ministry is instructive and shows the direction of his administration.

He is definitely serious about coal and bitumen exploration, to say the least. The formation of the Marine and Blue Economy Ministry is great. The Blue economy is said to have the potential to attract more than $3 trillion in investments in the coming decades. The World Bank’s ocean portfolio exceeds $7 billion in active projects. PBAT may have his eyes on some of the funds. It’s also an avenue for job creation.

The marine aspect takes care of seaports, of which Ondo State (the state of the nominee) is currently building one. The competence of the nominee is what I can’t say. Badaru as defense minister is also not a bad pick.

I insist that PBAT will take care of the military more than ever before, but he is out to break the bureaucracy associated with former military generals and make the office more administrative. I don’t know if it will calm your nerves, but Badaru is an Alumnus of the National Institute for Policy and Strategic Studies in Kuru, Nigeria.

A policy formation center for bureaucrats, private sector leaders, military officers, and medium-rank and senior civil servants.

Most policymakers in Nigeria have attended the NIPSS. I am very sure the military budget will be well over $4 billion in 2024. You can take this to the bank. I’d stop here for today, but I can tell you some of the nominees knew about their portfolios and have submitted policy-driven objectives in line with the renewed hope mandate.

I can also assure you that they started working on their assignments as mandated by the presidency. We will continue to support them, defend them, and constructively criticize them when need be. I wish them the best. I hope they put Nigeria’s interests first.

  • The views and opinions expressed in the article are those of the author and do not necessarily reflect the official policy or position of Global Financial Digest

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