Ministerial list: Wike, El-Rufai, three other ex-govs, technocrats make Tinubu’s 42-man cabinet – Newstrends
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Ministerial list: Wike, El-Rufai, three other ex-govs, technocrats make Tinubu’s 42-man cabinet

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As the jostle for ministerial list reaches the home stretch, there are strong indications that no fewer than five former governors will feature in the president’s list of nominees that is heading to the Senate for approval between now and next week.

President Bola Tinubu’s handshake across party lines has already elicited contests and intrigues in political camps over choice of suitable representatives in some of the key states.

But there may be enough slots to go round sought-after persons. The Guardian learnt that barring last minute change, the cabinet will be as bloated as what former President Muhammadu Buhari had, but with major realignments in portfolios.

The President has less than 20 days left out of the 60 allowed by the Constitution for him to send his list of Ministers to the Senate for screening.
Yesterday, it was learnt that a 42-member cabinet is being expected because “each state is constitutionally mandated to have a representative at the cabinet and as it was done by the last administration, each of the six geological zones will also have members in the unity government.”

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The new cabinet, as gathered, will consist of 42 Ministers and 20 Special Advisers. Some of the remarkable difference from the last administration would be the likely abrogation of Ministers of State. Also, SAs will contribute to discussions at the weekly Federal Executive Council (FEC) meetings.

Also being anticipated is the unbundling of some large ministries into two or three to create enough portfolios for cabinet members. Some of the ministries to be touched include Works and Housing, Agriculture and Rural Development, Humanitarian Affairs, Disaster Management and Social Development, and Youths and Sports.

Those who made the proposed list of 20 expected to serve as Senior Special Assistants (SSAs), Special Assistants (SAs) and Personal Assistants (PAs) are: Dr Adekunle Tinubu – Personal Physician; Tunde Rahman – SSAP (Media); Damilotun Aderemi – SSAP (Private Secretary); Ibrahim Masari – SSAP (Political Matters); Toyin Subair – SSAP (Domestic); Abdulaziz Abdulaziz – SSAP (Print Media); Otega Ogara – SSAP (Digital/New); Demola Oshodi – SSAP (Protocol); Tope Ajayi – SSAP (Media & Public) and Yetunde Sekoni – SSAP.

Others are Motunrayo Jinadu – SSAP; Segun Dada – SAP (Social Media); Paul Adekanye – SAP (Logistics); Friday Soton – SAP (Housekeeping); Mrs Shitta-Bey Akande – SAP (Catering); Nosa Asemota – SAP (Visual Communication) Personal Photographer; Kamal Yusuf – PA (Special Duties); Wale Fadairo – PA (General Duties); Sunday Moses – PA (Videography); and Taiwo Okonlawon – PA (State Photographer).

The proposed nominees, according to a document seen at the weekend, await President Tinubu’s formal approval before it is officially announced. Some of the nominees have actually started working in the assigned roles.

However, state chapters and national secretariat of the APC have been sidelined in the process of recommending the ministerial nominees as “the governors are in charge and states where opposition parties occupy the seat of government, party leaders make recommendations, that is why some states have multiple nominees.”

Some of the governors that might have been penciled down to be part of the final list to be submitted to the senate included former governor of Kaduna State, Mallam Nasir el-Rufai, especially for his role in the emergence of Hon. Tajudeen Abbas as the Speaker House of Representative. Besides, the report of the committee set up by the APC in 2018 on true federalism, which he headed, is said to be one of the major reasons he is being rooted for by Tinubu’s camp.

Others are former governors Abdulahi Ganduje (Kano), Abubakar Atiku Bagudu (Kebbi), Muhammad Badaru Abubakar (Jigawa) and Nyesom Wike (Rivers).

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It was also gathered that former Ogun State governor, Senator Gbenga Daniel is being favoured ahead of Senator Ibikunle Amosun for the ministerial list.

Former governor of Ekiti State, Kayode Fayemi, is also being considered for a Foreign Affairs Minister role. He had served in the last administration as Minister of Mines and Steel.

In Lagos, which is the President’s forte, Senator Tokunbo Abiru, a banker, is being primed to emerge as the new Finance Minister. His switch over from the Senate, where he currently represents Lagos East senatorial district, is to pave way for the return of former Lagos governor, Akinwunmi Ambode, into the President’s political family. After his recent reconciliation with his godfather, Ambode is being positioned to replace Abiru in the Senate.

In Delta State, the APC is uncertain who will be appointed minister following scheming by the different interest groups and camps within the party.
The Guardian gathered that even the leadership of the party was not pushing anyone for the ministerial position, as the floor remained open for anyone interested.

A party source said the party has been polarised into two camps – one led by former deputy senate president, Ovie Omo-Agege, and another spearheaded by Lauretta Onochie and Dr Cairo Ojougboh, who was reportedly expelled from the party.

According to a reliable source: “From the top, the party may decide to pick Festus Keyamo, because he was presidential campaign spokesman and has been assisting the President to defend his case at the tribunal.”

But it was also gathered that another bloc is rooting for Otega Emerhor, with the support of Omo-Agege, since he (Omo-Agege) is still fighting to ‘reclaim’ his governorship mandate at the election tribunal.

In Cross Rivers State, there were speculations that some party bigwigs have been lobbying Aso Rock for ministerial positions.

While Edu is relying on some party heavyweights, female-folks and ‘office of the First Lady’ to push her cause, Ayade is banking on his influence and connection with some former governors. Ndoma-Egba is counting on his experience and exploring his contacts with his colleagues in the National Assembly to pull through.

However, a group called the All Progressives Congress (APC) Legacy Group, Cross River State, has sounded a note of caution to Tinubu in appointing ministerial nominees from the state.

In a statement issued in Calabar, their leader, Sampson Egom, said: “It is important for the APC and Tinubu to be properly guided before he makes the choice of his minister from Cross River.

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“Let the party reward and promote this silent majority, who do not have political godfathers and godmothers,” the statement reads in part.

According to a new amendment to the 1999 Constitution, the President and governors must submit the names of persons nominated as ministers or commissioners within 60 days of taking the oath of office for confirmation by the Senate or state House of Assembly.

President Tinubu was sworn-in on May 29, and already 42 days since coming onboard. The presidential spokesman, Dele Alake, earlier told Nigerians to expect Tinubu’s ministerial roll call within the first 30 days in office, as a departure for his predecessor that took six months to inaugurate one.

In May, Alake said: “A month maximum is enough for any serious government to form its cabinet and put a structure of government in place after the swearing-in”.

But last Thursday, Alake reclined on that timeline, saying it was the President’s sole prerogative to appoint persons into the new cabinet “when he is good and ready”.

Fielding questions from State House Correspondents in Abuja, Alake noted that Nigeria runs a presidential system, which only confers on the President the prerogative power to appoint ministers.

He said, “you know, this is an executive presidency, we’re not running a parliamentary system. So, the bucks stop on his table, and he decides who is fit and proper to make his cabinet list.”
Alake, a Special Adviser on Special Duties, Communications and Strategy noted the avalanche of what he described as ‘speculations’ in the public domain, adding that such reports were mere fabrications.

“I can tell you all those things you’ve been reading in the media are mere fabrications. There is no iota of truth in all those things. When the President is good and ready, you will be the first to know about his intentions,” he said.

The Guardian investigation revealed that Tinubu, to assuage discontents arising from his election, is ready to accommodate politicians and eggheads that could enable his administration achieve a national cohesion. It was gathered that in doing so, he may not rely solely on members of the party that worked for his success in the region.

Towards the end, it was revealed that the list might contain a mix of members, especially of the PDP and APC, adding that the effort was also to strengthen the party in the region.

So far, Tinubu has received ex-governors of Enugu and Abia states, Ifeanyi Ugwuanyi and Okezie Ikpeazu, in that order. They were among the G-5 governors of the PDP. While it is not clear whether Ikpeazu could make the list, that of Ugwuanyi is said to be a done deal based on his closeness with Tinubu and his efforts to unite segments of the country as governor.

In Abia, however, there is a rift between former Minister, Uche Ogar, and the governorship candidate of the party in the 2023 elections, Ikechi Emenike, over control of the party.

The rift has divided members of the party. A source stated that the party might have submitted two lists of potential ministers to the president.
It was learnt that though Ugwuanyi is not of the APC, his mien that has endeared him to all manner of people has become a factor that may earn him a place in the administration of Tinubu.

The other factor is the crisis in the state APC, which has divided the party and limited its chances at the last elections. It was speculated that allowing any of the factions led by Ugochukwu Agballah or Adolphus Ude, among others, to nominate candidates would fester the crisis.

In Ebonyi, there are rumours that former Senate President, Anyim Pius Anyim, may also make the list. Anyim’s closeness with the immediate past governor of the state, Dave Umahi, who will eventually have a say in who should be appointed from the state is said to be a factor.

For Imo state, it will be unlikely for Governor Uzodimma not to have a say in the choice of minister to represent the state.
The crisis in Anambra APC might also make the president look elsewhere for his minister. Only last week, he held talks with the former National Publicity of the PDP, Olisa Metuh.

In a related development, the APC in Rivers State has denied ceding any ministerial nomination slot to Wike.
The state party spokesperson, Darlington Nwauju, made the denial at a press briefing on Wednesday, describing the claim as “the most fantastically audacious of lies”.

Nwauju, while reacting to a publication authored by the former Chief of Staff to the Rivers State Government, and state leader of the Amalgamated Bola Tinubu Campaign Council, Chief Tony Okocha, said, “the state chapter of the party has never interacted with the Amalgamated Bola Tinubu Campaign Council emphasising that there are more than a hundred NGOs and support groups, who worked for the APC in Rivers State.”

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Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Adebayo Ogunlesi

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

Forbes has unveiled its 2024 ForbesBLK 50 list, celebrating the achievements of the wealthiest and most influential Black Americans.

Among the honorees are three Nigerians—Adebayo Ogunlesi, Tope Awotona, and Wemimo Abbey—whose groundbreaking contributions and entrepreneurial successes have earned them places on this prestigious list.

The ForbesBLK 50 is a reimagining of Forbes’ 2009 Wealthiest Black Americans list, which then featured figures like Oprah Winfrey, Michael Jordan, and Magic Johnson.

While net worth remains a core metric, the new list also highlights innovation, societal impact, and leadership across diverse industries.

Adebayo Ogunlesi, with a net worth of $1.7 billion, stands out as a pioneering force in global infrastructure investment. As chairman and cofounder of Global Infrastructure Partners (GIP), Ogunlesi led the private equity firm through a transformative acquisition by BlackRock in 2024 for $12.5 billion.

  • Ogunlesi, a Harvard-educated lawyer and banker, previously spent over two decades at Credit Suisse before launching GIP in 2006.
  • His influence extends beyond business, as he has become a key figure in reshaping infrastructure investment on a global scale.

Also, Nigerian entrepreneur,Tope Awotona, the founder and CEO of Calendly, has redefined efficiency in scheduling and holds a net worth of $1.4 billion.

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  • Born in Lagos, Awotona moved to Atlanta as a teenager and pursued business and management information studies at the University of Georgia. After early entrepreneurial setbacks, he launched Calendly in 2013, driven by frustration with cumbersome meeting coordination. The platform, which raised $350 million in 2021, is now valued at $3 billion and serves millions of users worldwide.

Although not a ranking, Wemimo Abbey, at just 32, is the youngest Nigerian on the list and cofounder of Esusu, an African fintech company addressing financial inclusion. Esusu helps renters build credit by reporting rent payments to credit bureaus, a service utilized by more than 20,000 properties and benefiting 1.8 million Americans.

  • In 2022, Esusu achieved a $1 billion valuation following a $130 million funding round. Abbey, who grew up in Lagos, has a background in mergers and acquisitions consulting and a passion for leveraging technology to drive social impact.

These three Nigerians show innovation, resilience, and the drive to address pressing global challenges. Their inclusion on the ForbesBLK 50 list is a foretelling of their entrepreneurial vision and the increasing influence of Nigerians on the global stage.

The ForbesBLK 50 list, launched under ForbesBLK, aims to go beyond net worth to measure impact and influence within the Black community and beyond.

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Northern youths say new tax regime bill designed to ruin region

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President Bola Ahmed Tinubu

Northern youths say new tax regime bill designed to ruin region

Coalition of Northern Groups, Taraba State chapter, has expressed concerns that the proposed Tax Reform Bill by President Bola Ahmed Tinubu’s administration is cunningly designed with all premeditated intent and purposes to further develop the southern Nigeria at the expense of the north.

The northern youths, who lamented the economic hardship in the country, concluded that the effect bears more scars on the region than any other.

Aside from the new Tax Reform Bill, the group also condemned the federal government’s land-border closure, alleging that the ideas favour the South more than the North.

The group, in a statement signed by its coordinator, Comrade Idris Ayuba, made available to Vanguard Correspondent in Ilorin alleged that most difficulties the North faces are the repercussions of the decisions, citing the effect of Petroleum subsidy removal, land border closure and the new tax regime as few examples.

He noted in the statement that”reduction in the consumption of a capital commodity like petroleum occasioned by the subsidy removal is not a manifestation of a positive policy impact; it rather indicates reduced economic activities that force people out of energy consumption,”

On the land border closure, Idris said: “One of the primary concerns is the impact of this policy on the regional economy, which has been heavily reliant on cross-border trade with neighbouring countries. The closure has resulted in significant losses for traders and business owners in the region, exacerbating poverty and unemployment.

“The policy has given undue advantage to Southern Nigeria, for instance, the closure has led to an increase in demand for locally produced goods in Southern Nigeria, which has boosted the southern regional economy.

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“Additionally, the Southern region has benefited from the increased revenue generated from customs duties and taxes on imported goods.

“The closure has also created an imbalance in the distribution of economic opportunities, with Southern Nigeria having greater access to ports and international trade routes.

” This has resulted in a concentration of economic activity in the Southern region, further marginalizing Northern Nigeria,” Idris explained in the statement.

Northern youths say new tax regime bill designed to ruin region

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BREAKING: National Assembly extends lifespan of 2024 budget

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Senate President, Godswill Akpabio

BREAKING: National Assembly extends lifespan of 2024 budget

President of the Senate, Godswill Akpabio, has explained that the impressive performance of the 2024 national budget encouraged members of the National Assembly to extend the lifespan of the 2024 budget beyond December 31 this year.

Akpabio gave the explanation Wednesday in his welcome address during the presentation of the 2025 national budget to the joint session of the federal parliament.

He said, “We have noted the 2024 budget performances of 50% for capital expenditure and 48% for recurrent expenditure respectively.

“Given these great achievements, we have deemed it necessary to extend the life of the 2024 budget to June 30, 2025.

“The enabling law for this extension has already been put in place by this patriotic Assembly, as a testament to our appreciation for the great performance of the budget, ensuring we build upon your momentum.

“We commend your steadfast commitment to collaborate, cooperate and work with the National Assembly to achieve your grand vision for Nigeria.”

As the red chamber planned to start deliberations on the budget proposals, Akpabio warned heads of the various ministries, departments and agencies of the Federal Government to make themselves available for the budget defence.

He said: “Let me take this opportunity to stress the importance of the honourable ministers and heads of extra-ministerial departments being prepared to respond promptly to requests for them to come and defend their sectoral allocation in the exercise of our legislative oversight.

“We have observed concerning the behaviour from some ministers and heads of extra-ministerial departments, who sometimes neglect their duty to promptly submit to legislative oversight, sometimes even disregarding invitations from relevant committees of the legislature.

“It is imperative they understand that we will not condone such breaches of the constitution going forward.”

Akpabio noted that under the President Bola Tinubu administration, Nigerians has “witnessed remarkable strides in economic reforms, aimed at enhancing our nation’s stability and growth”.

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According to him, “The courageous decision to remove fuel subsidies, though challenging, showcases your (Tinubu’s) unwavering commitment to redirecting resources to critical sectors such as education and healthcare.

“Your collaboration with the Central Bank has cultivated an environment ripe for investment, and your focus on infrastructure development reflects a visionary commitment to improving the connectivity that fuels our economy.

“Furthermore, your initiatives to strengthen our security framework stand as a testament to your resolve in tackling the pressing challenges of our time.“

The chairman of the National Assembly commended Tinubu’s efforts in the era of security.

“We commend your tireless efforts, along with those of our brave men and women in uniform, for liberating our lands from the grip of terror.

“Today, no community is under the threat of terrorism, a monumental achievement we celebrate together.

“The reduction in kidnapping incidents and the neutralization of over 11,000 terrorists and insurgents is a testament to patriotism, strength and determination,” Akpabio said.

The Senate President said Tinubu’s dedication to fostering international relations paves the way for fruitful partnerships that will propel the nation forward.

He said: “We are witnessing a resurgence in foreign direct investment, made possible by your visionary directives that ease the visa processes for Nigerians travelling to other countries, and at the same time welcome investors and tourists alike to our country.

“Your innovative approaches in our embassies and the Ministry of Foreign Affairs have opened new doors for Nigeria and its people. For this we thank you.”

He said the introduction of social welfare programmes embodies the president’s unwavering belief in uplifting the living standards of our citizens.

“You remind us that our nation is not merely constructed of bricks and mortar, but of the resilience and determination of its people.

“Nigerians are taking notice of your remarkable achievements. You have doubled aggregate government revenues to over NGN 18.32 trillion, reduced debt servicing expenditures from 97% to 68%, fulfilled $7.5 billion in foreign exchange obligations, increased oil production to 1.8 million barrels per day, and launched the Compressed Natural Gas initiative.

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“Your administration has processed over N45.6 billion for student payments, signed the National Minimum Wage Law, and raised the national minimum wage to N70,000 a month, all while providing over N570 billion in financial support to the 36 states,” Akpabio said.

He commended the groundbreaking tax reform initiative including the four tax reform bills, namely the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024; Nigeria Tax Administration Bill, 2024; and the Nigeria Tax Bill, 2024.

He said the tax reform bills represented a monumental shift in the country’s fiscal landscape and that its critics haven’t read the proposed legislations.

The Senate President said: “It is disheartening that those who have not taken the time to understand these bills are the loudest critics.

“I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully.

“This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.

“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”

Akpabio said the infrastructure renaissance has paved the way for many roads, including the coastal road and crucial arteries in the Abuja capital city and other parts of the country.

“These developments are not merely about concrete and asphalt; they represent the lifeblood of our economy, connecting our people and fostering growth,” he added.

He urged Nigerians to bear with the president whose economic reforms had imposed hardship on Nigerians but noted that: “We are light-years away from where we began, though some rivers remain to be crossed.

“The pains we feel are not merely the pains of hardship; they are the pains of childbirth. When that season arrives in Nigeria, when this administration births that season, we will rejoice for the struggles endured.

“For now, I ask for your patience and urge all Nigerians to cooperate with the president and maintain faith in his vision.

“Mr. President, while you cannot be everywhere, you have eyes everywhere. We, the distinguished senators and honourable members of the House of Representatives, are your eyes in our constituencies and every corner of Nigeria.

“When our constituents struggle to afford rice, they come to us. When their shoes pinch, they seek our assistance. When the economic alarm sounds, they turn to us.

“Therefore, we are committed to ensuring that you touch the hearts and pulse of Nigerians through these appropriation bills resonating with the sounds of hope and signalling the dawn of Nigeria’s economic rebirth,” he added.

Akpabio ended his speech by leading the members of the National Assembly to sing for the president as they all chorused, “On your mandate we shall stand” to the admiration of the legislatures and the guests.

 

BREAKING: National Assembly extends lifespan of 2024 budget

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