Nigerian Finance Minister Adeosun resigns over forgery claims

Nigeria’s Finance Minister Kemi Adeosun's resignation was accepted by President Buhari last Friday. File picture: Afolabi Sotunde/Reuters

Nigeria’s Finance Minister Kemi Adeosun's resignation was accepted by President Buhari last Friday. File picture: Afolabi Sotunde/Reuters

Published Sep 17, 2018

Share

Abuja - Nigerian President Muhammadu

Buhari on Friday accepted the resignation of Finance Minister

Kemi Adeosun, who said she stepped down over allegations of

using a forged certificate to avoid participation in the

country's mandatory one-year national youth service scheme.

Adeosun, a top cabinet member and a former investment banker

who promoted the government's policy to boost growth following a

recent recession, said in a statement that she believed she was

exempt from the service scheme but felt bound to resign because

of the administration's "focus on integrity".

Allegations that Adeosun had used a forged exemption

certificate to avoid participation in the youth service scheme

surfaced in recent months in the Nigerian media. Adeosun did not

comment on the claims initially, prompting criticism from her

opponents.

In her statement on Friday, Adeosun said her understanding

was that she was exempted from the scheme because she had moved

back to Nigeria from Britain, where she was born, after she had

passed the required minimum age.

"I have, today, become privy to the findings of the

investigation into the allegation made in an online medium that

the Certificate of Exemption from National Youth Service Corp

(NYSC) that I had presented was not genuine," she said in her

statement. "This has come as a shock to me and I believe that in

line with this administration's focus on integrity, I must do

the honourable thing and resign."

The claim that Adeosun had used a forged exemption document

was first reported by Nigerian online publication Premium Times.

Adeosun was appointed by Buhari to manage the finances of

Africa's biggest economy in November 2015. Her flagship policy

was a bid to improve tax collection and shore up the country's

finances by cracking down on mismanagement by government

agencies.

Adeosun also oversaw a strategy of restructuring Nigeria's

debt portfolio into longer term maturities by borrowing more

offshore and less at home to lower costs.

Buhari took office in 2015 after an election campaign

largely fought on his vow to fight corruption, but his

detractors have accused him of failing to investigate allies

accused of wrongdoing.

The presidency approved that the minister of state for

budget and national planning, Zainab Ahmed, would oversee the

Finance Ministry with immediate effect, it said on its official

Twitter account.

The west African country emerged from recession last year,

but growth remains sluggish and largely dependent on higher oil

prices, despite the stated aim of Buhari's administration to

increase non-oil revenues.

The government's handling of the economy is likely to be a

campaign issue in February's presidential election in which

Buhari plans to seek a second term. 

Reuters

Related Topics: