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Tenacious Minister: The Economist Does About Face Over Kemi Adeosun

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When Kemi Adeosun the Minister of Finance first took over her unenviable job of fixing Nigeria’s economy, she was labelled as poorly qualified by the Economist, a leading newspaper in Britain.

Now 8 months later, the same paper has done a complete about-face and has now labelled Mrs. Adeosun as a “Tenacious minister” who’s fixing Nigeria’s economy.

In November of last year, Mrs. Adeosun still wasn’t widely known and had only managed one of Nigeria’s smaller states even though she had over 2 decades of experience.

The Economist had at the time said “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,”

But now, Adeosun is being seen in a new light especially with her astute decision making and progressive thinking. The newspaper now believes that Adeosun is helping Nigeria keep in control of its earnings.

An excerpt of their article says, “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,

“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.”

 

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