With a penchant for bulldozing ‘illegal structures' Ambode is seen as set on destroying the legacy of his predecessor Babatunde Fashola a persuasive business-savvy politician who is generally seen as one of the state's best ever governors...
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He is now under far less pressure than his fellow economics chiefs Emmanuel Kachikwu Minister of State for Petroleum Resources Nigerian National Petroleum Corporation managing director Maikanti Baru and Power Works and Housing Minister Babatunde Fashola (AC Vol 58 No 11 A date with destiny & Vol 58 No 21 When oil chiefs fall out)...
Tinubu's once-trusted Chief of Staff Babatunde Fashola proved far too independent when he took over from his patron as governor of Lagos State...
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With talented ministers such as Okechukwu 'Okey' Enelamah Babatunde Fashola Kayode Fayemi and Udo Udoma all with clear reform ideas there is puzzlement and concern about the government's economic failures...
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Other senior figures in the APC seen as hostile to Tinubu's ambitions include Nasir Ahmad El-Rufai Governor of Kaduna State; Babatunde Raji Fashola Minister for Power Works and Housing and the previous Governor of Lagos State; Kayode Fayemi Mines Minister and a former Governor of Ekiti...
That's very frustrating for Babatunde Fashola who heads a super-ministry in Abuja in charge of Power Works and Housing...
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Since then output has been yo-yoing although Power Works and Housing Minister Babatunde Fashola said in London on 29 July that production was back to 1...
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Beyond efforts to cooperate each of the main policy-makers faces worsening financial constraints: Finance Minister Kemi Adeosun has to finance this year's budget after export revenue fell by 40% last year; Trade Industry and Investment Minister Enyinnaya Okechukwu Enelamah has to revive industry and drastically improve the ease of doing business in Nigeria; Energy Housing and Works Minister Babatunde Raji Fashola has to push through emergency measures to bail out the mainly privately owned power sector; CBN Governor Emefiele has both to counter rising inflation and find a way to stabilise the exchange rate as pressure mounts for a big devaluation of the naira (AC Vol 56 No 9 Rising hopes falling revenues)...
Three other ministers will prove extremely important this year on economic matters: Enyinnaya Okechukwu Enelema at Trade and Investment; Babatunde Fashola at Power Housing and Works; and Kayode Fayemi at Solid Minerals...
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• Energy Housing and Works: Babatunde Raji Fashola the popular former Governor of Lagos State has been given a super- ministry overseeing some of the government's biggest budgets but also its politically critical power sector reforms...
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