Just in - Conflicting Reports As Finance Minister, Kemi Adeosun Resigns

Nigeria's finance minister resigns over forged document

Nigeria's finance minister resigns over forged document

Ms Adeosun was appointed as finance minister by President Muhammadu Buhari in 2015.

However, in an update, an aide to the minister has insisted that the she has not resigned her position as earlier reported.

Adeosun's departure is coming 24 hours after she resigned as finance minister following the certificate forgery allegation levelled against her.

Allegations that Adeosun had used a forged exemption certificate to avoid participation in the youth service scheme surfaced in recent months in the Nigerian media.

The dual Nigerian and British national did not initially comment on the claims, leading to criticism from her opponents.

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The PDP in a statement released to newsmen said "Our investigations reveal that the Federal Government, which earlier made efforts to defend Mrs. Adeosun, has already perfected a plot to help her to evade prosecution following fears that she could open up on the gigantic corruption going on in the financial sector under the Buhari administration". She also instituted a whistle-blower policy and helped push reforms to boost Nigeria's tax collection to increase non-oil revenue as the West African nation seeks to wean itself off oil.

"The President also approved that the Minister of State Budget and National Planning, Mrs Zainab Ahmed, should oversee the Ministry of Finance with effect from today", the statement read".

The west African country emerged from recession previous year, but growth remains sluggish and largely dependent on higher oil prices, despite the stated aim of Buhari's administration to increase non-oil revenues.

The government's handling of the economy is likely to be a campaign issue in February's presidential election in which Buhari plans to seek a second term.

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