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Adeosun Resignation: How It Went Down

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Former finance Minister, Kemi Adeosun has had her resignation letter accepted by President Muhammadu Buhari and she has now stepped out of her role.

The London University graduate was appointed in 2015 and was tasked with the unenviable job of reviving an ailing economy. It can be generally accepted that this was a failure as the nation’s economy has shown little signs of getting better.

Then there was the infamous NYSC scandal in which her certificate of exemption was alleged to be fake and it was reported by Premium Times that the former minister never obtained one.

According to Premium Times, Adeosun had allegedly been assured that nothing would come of the investigation and that her job was safe. All through the period of the scandal, the numbers lady kept mum.

It was gathered, however, that even with intense pressure from all fronts, the NYSC refused to go out of its way to save the Finance Minister and it was reported that Vice President Osinbajo was uncomfortable having that much scrutiny and bad press around the presidency.

READ: Drama as Obasanjo Shuns El-Rufai, Adeosun at Afreximbank Meeting

According to Premium Times, Adeosun was ordered to hand in her resignation on Wednesday to Chief of Staff, Abba Kyari.

She was also barred from the weekly Federal Executive Council (FEC) and given the option to resign as a way to save face.

Seeing no way out, the erstwhile finance minister called for a meeting of senior finance ministry officials on Thursday.

According to a source for Premium Times, the meeting was basically a handing-over meeting with Adeosun directing officials to commence the process of tidying the books and prepare the handing over notes.

With the final reports and all other necessary items ready, Adeosun finally handed over to the ministry’s permanent secretary, Mahmoud Dutse.

The Presidency, however, announced that Zainab Ahmed, the minister of state for budget and planning was to take over and handle the finance ministry.

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