President Muhammadu Buhari
ABUJA, Aug 22 (NNN-AGENCIES) — Nigeria’s President Muhammadu Buhari swore members of his cabinet into office on Wednesday, assigning a new minister of state for petroleum in Africa’s top producer of crude oil.
Buhari kept the petroleum portfolio for himself, as in his first term, and appointed Timipre Silva as the junior minister, who is widely expected to manage the portfolio on a day-to-day basis.
Silva, a former governor of Bayelsa state in the southern Niger Delta oil production heartlands, replaces former ExxonMobil executive Emmanuel Kachikwu who was the country’s main representative at OPEC meetings.
The move to assign portfolios comes six months after Buhari won a presidential election and nearly three months after his second term began.
Zainab Ahmed, who became finance minister in September last year after her predecessor resigned, retained the position with additional responsibilities for the budget and national planning.
The cabinet of 43 ministers faces a long list of challenges including tepid growth following Nigeria’s emergence from recession in 2017, high unemployment and galloping inflation that has hit the poorest people in a nation of 190 million people, most of whom live on less than $2 a day.
And security forces have been stretched as they try to tackle Islamists waging a decade-long insurgency in the northeast, banditry in the northwest and clashes between nomadic herdsmen and farming communities over dwindling arable land in central states.
“The core objectives of this administration are to improve security, achieve diversified, inclusive economic growth and fight corruption,” Buhari told his cabinet at the swearing in ceremony.
The ministry of power, housing and works – created to address challenges related to the country’s ailing electricity and transport infrastructure when Buhari first took office in 2015 – was broken up.
Babatunde Fashola, a former governor of commercial hub Lagos state who headed that super ministry in the first term, was named minister for housing and works.
Sale Mamman, a businessman and former ministry of works official, was given the power portfolio. His task will be to tackle a poor electricity supply that holds back everything from manufacturing to education, while addressing spiraling debts that have crippled the power sector and held back investment. — NNN-AGENCIES
