Headline

Breaking: Exclusive: Finance Minister, Kemi Adeosun Resigns

Published

7 years ago

September 14, 2018

Eric

By Eric Elezuo

The Finance Minister, Mrs Kemi Adeosun, may have resigned her position in President Muhammadu Buhari’s Federal Executive Council, according to credible source from the Finance Ministry.

Mrs. Adeosun’s resignation, the source further informed, is not unconnected to the barrage of controversies surrounding her National Youth Service Corps (NYSC) certificate of which she claimed to be tired of.

It is believed that the sensitive nature of her office as the Finance Minister has posed a lot of challenges to the British trained Financial expert, who many stakeholders believed has performed creditably well in the three years she has served as Buhari’s Finance chief.

An online medium broke the news many weeks ago as regards the Finance Minister’s forged NYSC certificate, and since then the Minister and the administration has come under serious attack from the public even as the Federal Government was alleged to shield her from persecution.

Mrs Adeosun commenced her career as an accounting assistant at British Telecom, London, from 1989 till 1990, after which she moved to Goodman Jones, London, working as a Senior audit officer from 1990 till 1993. She became Manager of Internal Audit at London Underground, London and Prism Consulting from 1994 till 2000 before joining PricewaterhouseCoopers, London as Senior Manager from 2000 till 2002.

In 2002, she became financial controller at Chapel Hill Denham Management and subsequently, Managing Director in 2010. After working with Quo Vadis Partnership as Managing Director from 2010 to 2011, she was appointed Ogun State’s Commissioner of Finance 2011 from where she was appointed Minister in November, 2015 by President Buhari.

During the annual general meeting of Afreximbank in Abuja to commemorate it’s 25th anniversary, Adeosun was elected chairman of the board of the bank. She succeeded Ndagijimana Uzziel, Minister of Finance of the Republic of Rwanda.

Mrs. Adeosun will go down in history as one of Buhari’s cabinet officers to have resigned since the inception of the administration.

Headline

Mike Adenuga, Emmanuel Macron Hold High-Powered Meeting in Paris

Published

8 hours ago

December 18, 2025

Eric

Accomplished billionaire businessman and Commander of the French Légion d’Honneur, Dr. Mike Adenuga Jr., GCON, CdrLH, has held a private meeting with the French President, Emmanuel Macron.

The two powerful citizens of the world held the meeting on Wednesday at the historic Élysée Palace in Paris.

The high-level engagement underscores the longstanding relationship between Dr. Adenuga and the French Republic, as well as his continued relevance in global business and diplomatic circles.

A respected industrialist and philanthropist, Adenuga has been widely acknowledged for his contributions to economic development, telecommunications, energy, and humanitarian causes across Africa and beyond.

The meeting adds to Dr. Adenuga’s growing profile as a bridge between African enterprise and international leadership.

Headline

Free at Last: Burkina Faso Releases 11 Nigerian Soldiers, Aircraft

Published

8 hours ago

December 18, 2025

Eric

Burkina Faso has released Nigerian soldiers who were detained after their aircraft made a forced landing in the Sahelian country earlier this month, Nigerian officials said.

The release followed a diplomatic intervention by President Bola Tinubu, who dispatched a high-level delegation led by the Minister of Foreign Affairs, Yusuf Tuggar, to meet Burkina Faso’s Military Leader, Ibrahim Traoré, on Wednesday.

In a statement, Alkasim Abdulkadir, Tuggar’s spokesperson, said both sides resolved the matter amicably and secured the release of the Nigerian Air Force pilots and crew.

The soldiers had been held for nearly two weeks after the Confederation of Sahel States (AES) described the aircraft’s landing as an “unfriendly act” carried out in defiance of international law.

The Nigerian Air Force, however, said the crew encountered a technical issue that required a precautionary landing in Bobo-Dioulasso, the nearest available airfield. It said the landing complied with standard safety procedures and international aviation protocols.

Headline

Corruption Allegations: NMDPRA Boss Farouk Ahmed Meets Tinubu, Resigns

Published

21 hours ago

December 17, 2025

Eric

The Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has resigned following a meeting with President Bola Tinubu amid corruption allegations.

Tinubu, on Wednesday, summoned Ahmed to the Presidential Villa in Abuja, following allegations of economic sabotage and corruption.

Also caught in the web of resignation was the CEO of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, according to a statement on Wednesday by Bayo Onanuga, special adviser to the president on information and strategy.

Tinubu was said to have nominated successors to the senate for approval.

“Tinubu has asked the Senate to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),” the statement reads.

“The requests followed the resignation of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC.

“Both officials were appointed in 2021 by former President Buhari to lead the two regulatory agencies created by the Petroleum Industry Act (PIA).

“To fill these positions, President Tinubu has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.”

Onanuga said the two nominees are seasoned professionals in the oil and gas industry.