Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

UPDATE 1-Nigeria's president may name cabinet nominees this week - senate leader

Published 10/07/2019, 13:58
Updated 10/07/2019, 14:00
UPDATE 1-Nigeria's president may name cabinet nominees this week - senate leader

(Adds detail, background)
ABUJA, July 10 (Reuters) - Nigeria's President Muhammadu
Buhari could name his cabinet nominees as soon as this week, the
senate president said on Wednesday, a move that could end more
than a month without ministers.
Buhari was re-elected four months ago, but Nigeria has been
without a cabinet since the ministers serving during his first
term stepped down in May.
The gap has led to a slowdown in investment and a near-halt
in decision making, according to investors, contractors and
diplomats. "The executive arm is working hard to get the list to the
senate," said Ahmad Ibrahim Lawan on the floor of the upper
house of parliament. "I can imagine that before this week runs
out, we could get the list."
Lawan said senators wanted to screen and confirm the cabinet
before they go on leave this month.
Buhari took about six months to form a cabinet at the start
of his first term in 2015.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.