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Two Top Names Emerge From The South-West, As The Battle For Kemi Adeosun’s Replacement As Finance Minister, Begins

Two Top Names Emerge From The South-West, As The Battle For Kemi Adeosun’s Replacement As Finance Minister, Begins

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The race for the immediate past Minister of Finance, Kemi Adeosun’s replacement, has begun, in Ogun State.

Adeosun’s resignation has created a vacuum in the Federal Executive Council, FEC, which is expected to be filled by another person from her home State.

Recall, that each State of the Federation has a statutory representative in the FEC.

It was learnt that former Lagos State Commissioner for Finance, Wale Edun, or the Chairman of the Nigerian Deposit Insurance Corporation, NDIC, Bode Mustapha, who were top contenders for the Ministerial appointment in 2015, may likely succeed Adeosun.

It would also be recalled, that the trio of Edun, Mustapha, and Adeosun, were backed by different political forces during the battle for the Ministerial job, amid high-wire permutations and power-play.

Informed sources disclosed that Edun was supported by former Lagos Governor, Bola Tinubu, Mustapha was the candidate of former President, Olusegun Obasanjo, while the Ogun State Governor, Ibikunle Amosun, influenced the choice of Adeosun, who had served in his cabinet as Commissioner for Finance, in his first term.

As at the time Adeosun’s name was sent for the Ministerial appointment, she had equally been re-nominated as Commissioner for Finance, in the State.

Amosun settled for Adeosun, who was seen as a Technocrat, as against Edun and Mustapha, who are Politicians, and would have likely turned against him.

Mustapha who was the Director-General of the Amosun Campaign Organisation, in 2015, believed he ought to have been supported by Amosun, a development which made him fall out with the Governor.

An impeccable source stated that Edun or Mustapha may be considered as likely replacement for Adeosun, even though, he pointed out that Amosun, like in 2015, may constitute a huge obstacle.

Responding to a question on whether Amosun can have his way this time around, he said: “Do not forget this is an election year. The President may use the Ministerial appointment to settle some aggrieved party members. Another thing is that, the President may not post whoever emerges to the Ministry of Finance.

“His support is not limited to Amosun alone. More so that the Governor is no longer enjoying much support, because of some crisis in the ruling party in the State, over the consensus arrangement which he has adopted”, the source stated.

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