New Nigeria Cabinet Seals Shift in Power
Thursday, April 1st, 2010
LAGOS, Nigeria—The Nigerian Senate confirmed acting President Goodluck Jonathan’s 38 cabinet nominees Wednesday, including a managing director of Goldman Sachs’ London office, effectively sealing Mr. Jonathan’s place at the helm of Africa’s second-biggest economy.
The cabinet overhaul provides further stability to Nigeria, which was left largely rudderless since ailing President Umaru Yar’adua fell out of public view in November and spent 2½ months out of the country for medical treatment. Vice President Jonathan’s appointment as acting president in February was initially resisted by those close to Mr. Yar’adua, who returned to Nigeria later in the month.
“Goodluck is the only game in town,” said Sam Amadi, head of policy at Nigerian lobby group the Good Governance Group.
Wednesday’s confirmations appeared in part aimed to satisfy the Yar’adua camp: Mr. Jonathan’s retooled cabinet included about a dozen reappointed members from his predecessor’s cabinet as well as Murtala Yar’adua, a nephew of Mr. Yar’adua.
It remains unclear exactly what portfolio the younger Mr. Yar’adua or others will take. Nigeria’s Senate approves cabinet nominees, who are only later assigned portfolios.
The key position of finance minister is widely expected to fall to Nigeria-born investment banker Segun Aganga, managing director in hedge funds at Goldman Sachs since 2003.
Camp of Ailing President Says Vice President Will Rule for Now