Bola Tinubu reshuffles 45-strong cabinet, sacks five ministers
Sixteen months after becoming president, the main arms of his economic overhaul — devaluing the naira and cutting petrol and electricity subsidies — have sent inflation soaring to 32.70%
23 October 2024 - 21:28
by Felix Onuah
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Nigeria's President Bola Tinubu. Picture: REUTERS/ISRAEL MATENE
Abuja — Nigerian President Bola Tinubu has reshuffled his 45-member cabinet, naming seven new ministers, sacking five and reassigning 10 others to new portfolios, a spokesperson said on Wednesday.
The ministers of finance, defence, national planning and two junior energy ministers all retained their positions.
The reshuffle includes renaming the ministry of Niger Delta development to the ministry of regional development, the winding up of the ministry of sports, and the merger of the ministries of tourism and arts & culture.
Tinubu’s lightning reform push after taking office in 2023 had sparked hope that his administration would be an antidote to mounting economic troubles facing Africa’s top energy producer.
But 16 months on, the key planks of his economic overhaul — devaluing the naira and slashing petrol and electricity subsidies — have sent inflation soaring to 32.70%, triggering a cost-of-living crisis.
Presidential spokesperson Bayo Onanuga said in the reshuffle, Tinubu appointed new ministers for humanitarian and poverty reduction, trade and investment, labour, livestock development and junior ministers for foreign affairs, education and housing.
The ministers for education, tourism, women affairs, youth development and the junior housing minister were sacked, Onanuga said.
Tinubu’s cabinet remains bigger than that of his predecessor Muhammadu Buhari, who had 43 ministers in his second term in office, despite calls by critics to streamline government bureaucracy and trim costs. Under the law, the president must include a member from each of the country’s 36 states.
Tinubu has yet to appoint his main petroleum minister, though he has two junior ministers in place.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Bola Tinubu reshuffles 45-strong cabinet, sacks five ministers
Sixteen months after becoming president, the main arms of his economic overhaul — devaluing the naira and cutting petrol and electricity subsidies — have sent inflation soaring to 32.70%
Abuja — Nigerian President Bola Tinubu has reshuffled his
45-member cabinet, naming seven new ministers, sacking five and reassigning 10 others to new portfolios, a spokesperson said on Wednesday.
The ministers of finance, defence, national planning and two junior energy ministers all retained their positions.
The reshuffle includes renaming the ministry of Niger Delta development to the ministry of regional development, the winding up of the ministry of sports, and the merger of the ministries of tourism and arts & culture.
Tinubu’s lightning reform push after taking office in 2023 had sparked hope that his administration would be an antidote to mounting economic troubles facing Africa’s top energy producer.
But 16 months on, the key planks of his economic overhaul — devaluing the naira and slashing petrol and electricity subsidies — have sent inflation soaring to 32.70%, triggering a cost-of-living crisis.
Presidential spokesperson Bayo Onanuga said in the reshuffle, Tinubu appointed new ministers for humanitarian and poverty reduction, trade and investment, labour, livestock development and junior ministers for foreign affairs, education and housing.
The ministers for education, tourism, women affairs, youth development and the junior housing minister were sacked, Onanuga said.
Tinubu’s cabinet remains bigger than that of his predecessor Muhammadu Buhari, who had 43 ministers in his second term in office, despite calls by critics to streamline government bureaucracy and trim costs. Under the law, the president must include a member from each of the country’s 36 states.
Tinubu has yet to appoint his main petroleum minister, though he has two junior ministers in place.
Reuters
Nigeria’s state oil firm raises petrol prices again
Nigerian protests fizzle out after deadly police crackdown
Nigeria central bank hikes rates for fourth time in 2024
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Related Articles
Nigerian court orders release of Binance executive
US condemns murders of two Mozambican opposition figures
WATCH: IMF team assesses impact of Senegal’s drastic data revision
Tiny group of atolls returned to Africa
WATCH: Delving into trade in Africa
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.