Business Buhari Offers Cabinet Appointment to CEO of Nigeria's Top Equity Firm

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According to Senate President, Bukola Saraki, President Muhammadu Buhari has asked Okechukwu Enyinna Enelamah, the head of the Nigeria’s biggest private equity firm to join his cabinet, Daily Independent reports.

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Saraki however did not specify a portfolio for Okechukwu Enyinna Enelamah, head of African Capital Alliance (ACA), as he read out a second batch of Buhari’s cabinet nominees that need to be approved by the upper house yesterday.

Enelamah, a former Goldman Sachs banker, is a founder and chief executive of ACA, which has raised over $750 million in managed funds since its inception in 1997.

Buhari was elected in March on a campaign to “fix” Africa’s top oil exporter, which is gripped by corruption and mismanagement, but has come under fire for being slow to name a cabinet while the economy is hammered by a plunge in oil prices.


Daily Independent
 
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