Home Latest Insights | News Nigeria Reduces The Thickness of Its Chequebook In Marginal Cabinet Reshuffle

Nigeria Reduces The Thickness of Its Chequebook In Marginal Cabinet Reshuffle

Nigeria Reduces The Thickness of Its Chequebook In Marginal Cabinet Reshuffle

Hello…Nigeria reduces the thickness of its chequebook: “Nigeria’s Federal Executive Council (FEC) in a meeting in Abuja, on Wednesday, announced the abolition of the Niger Delta Ministry and the Ministry of Sports Development, …”

. Of course, to balance your books, asking your bank to make a thinner chequebook is not the solution. You know what you have to do: you change your spending habits. South Africa uses less than 20% of our federal workforce to earn EXTRA $100 billion more yearly. So when ministries are closed, you need to get an idea how far we are.

The US runs with 15 executive departments (they call them secretaries, in Nigeria, we go with ministers) in an economy that is about 90x the Nigerian economy.  Today, even after the thinning of the chequebook, we will still have close to 40 ministers from tomorrow.

Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

Someone needs to get a big plough and cut down the government. Get this down to 6 people from each region and marginally expand the offices of Director Generals to head the departments. Already, DGs are political appointees which work well for any government to have the capacity to execute its vision. We need more cuts…to save Nigeria.

The ministers affected.

BREAKING: President Tinubu Sacks Five Ministers.

  1. Barr. Uju-Ken Ohanenye, Minister of Women Affairs
  1. Lola Ade-John, Minister of Tourism
  1. Prof Tahir Mamman,  Minister of Education
  1. Abdullahi Muhammad Gwarzo, Minister of State, Housing and Urban Development
  1. Dr. Jamila Bio Ibrahim, Minister of Youth Development.

Nigeria Abolishes Niger Delta, Sports Development Ministries, to Establish Regional Dev. Ministry


---

Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here.

No posts to display

Post Comment

Please enter your comment!
Please enter your name here