Tuesday, June 20, 2023

President Tinubu Names Nuhu Ribadu to Oversee Security Agencies in Nigeria

Nigerian President Bola Tinubu named new security chiefs to replace those he inherited from former President Muhammadu Buhari as he continues to put together a team to implement pledges made during his campaign.

Nuhu Ribadu, a former chairman of the country’s anti-corruption agency, will be national security adviser. Ribadu, who last week was named special adviser on security, will now take up a more senior role as coordinator of the country’s security agencies. New heads were also appointed for the army, navy, air force and police.

The security chiefs must contend with rising turmoil that has ravaged Africa’s most populous country, including a decade-long insurgency perpetrated by Islamist extremists and bandits in the north, as well as an increasingly violent secessionist movement in the southern part of the country.

Hadiza Bala Usman, former managing director of Nigeria Ports Authority, was appointed a special adviser for policy coordination, while Hannatu Musawa will serve a similar role for culture and the entertainment economy.

Tinubu named eight others to advisory roles last week, including Wale Edun, former chair of Lagos-based investment bank Chapel Hill Denham Group, as his senior adviser on monetary policy.

Three weeks into a four-year term, Tinubu has already made several key decisions, including ending a fuel subsidy that cost $10 billion last year, removing a controversial central bank governor and promising to unify a web of varying exchange rates. The moves have helped lead to a rally in dollar bonds and the stock market climbing to a 15-year high.

By Ruth Olurounbi, Reuters

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