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

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.

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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