
African Democratic Congress (ADC) spokesperson, Bolaji Abdullahi, has questioned whether Finance Minister Taiwo Oyedele has the appropriate educational background to manage Nigeria’s economy.
Abdullahi made the remarks on Monday during an interview on Channels Television’s Politics Today, while discussing the Federal Government’s 30-day fuel price reduction initiative.
He argued that economic policies, particularly those involving fuel subsidies, require specialised knowledge and an understanding of Nigeria’s economic realities.
“I’m not saying he’s incompetent, but I think he doesn’t have the right education,” Abdullahi said.
He maintained that his comments were not intended as a personal attack on the minister, whom he described as intelligent and someone he respected.
Abdullahi explained that professionals from different academic backgrounds could approach economic challenges differently, stressing the importance of relevant training in economic policymaking.
“The way an accountant reviews an economy is not the same way an economist reviews it,” he said, adding that Nigeria needs people with the appropriate training to manage its economy.
Oyedele holds a Higher National Diploma in Accountancy and Finance from Yaba College of Technology and a bachelor’s degree in Applied Accounting from Oxford Brookes University in the United Kingdom.
He also completed executive education programmes at the London School of Economics, Yale University, Gordon Institute of Business Science and Harvard Kennedy School.
Before his appointment as Minister of State for Finance, Oyedele spent 22 years at PricewaterhouseCoopers (PwC), where he became the firm’s first fiscal policy partner and Africa tax leader.
Abdullahi’s comments have brought renewed attention to the qualifications and expertise required to manage Nigeria’s economy, particularly amid ongoing debates over fuel pricing and government economic policies.