‎Nigeria’s Finance Minister Adeosun gets UN appointment

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun; President of the African Development Bank (AfDB), Mr. Akinwumi Adesina, and Ghana’s Minister of Finance, Mr. Ken Ofori-Atta, during the regional meeting of the AfDB on accelerating Africa’s growth and development in Abidjan, Cote d’Ivoire on Saturday, January 13, 2018 Photo: Media Office of the Minister of Finance, Federal Ministry of Finance

The United Nations has appointed Nigeria’s Minister of Finance, Kemi Adeosun, into the Investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF).

The Under-Secretary-General of United Nations, Jan Beagle, who confirmed Mrs. Adeosun’s appointment, disclosed that the minister would serve a one-year term of office effective from January 1, 2018.

Mr. Beagle said, “On behalf of the Secretary-General, I have the honour to inform you that at the 55th plenary meeting of the seventy-second session of the General Assembly, the General Assembly decided to appoint you as an ad-hoc member of the Investments Committee for a one-year term of office, beginning from 1st January, 2018.

“I would like to take this opportunity to congratulate you on your appointment and wish you success in your work.”

The Representative of the UN Secretary-General on the Investments Committee of the UNJSPF, Carolyn Boykin, also congratulated the minister on her appointment and welcomed her to the committee.

Ms. Boykin explained that the purpose of the investments of the UNJSPF was to secure the pension entitlements of the international civil servants who participate in the Fund.

“The fiduciary responsibility is to all parties concerned and it is the responsibility of the Secretary-General to ensure that those investments are managed to preserve the capital of the Fund and to obtain a long-term real rate of investment return that is line with the actuarial assumptions, without jeopardizing the capital of the Fund by taking excessive risks,” Ms. Boykin stated.

The UNJSPF is a Fund that provides UN pension, death, disability and the other related benefits for staff of the United Nations and the other organisations admitted to membership in the Fund.

The UNJSPF is a multiple employer defined benefit plan and governed by the United Nations Joint Staff Pension Board (UNJSPB), the Staff Pension Committee for each member organisation, and a secretariat to the UNJSPB and to each such committee.

The Fund was established through UN General Assembly resolution 248 (III) (passed December 1948) which came into effect on the 23rd January, 1949 making it a permanent retirement scheme.

It currently serves 23 member organisations, with 128,262 active participants and approximately 75,000 retirees in nearly 200 countries.

The Honourable Minister has accepted her appointment by the United Nations into the Investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF).


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  • Watch man

    Another bribe aimed at underdeveloping and impoverishing Nigeria further. Now Adeosun becomes their economic hit-woman. So, disgraceful and unpatriotic!

    • man

      it just doesnt make sense how our underperformers are getting un positions. all of the, environment mohamed, okonjo, osotinmehin, oteh.

      even emefiele and baru were given forbes awards. but we have fuel scarcity. is that not incompetence???? is this obasanjo’s doing, or they are been bribed someow?

      dont worry adeosun will leave once she begin to become disenfranchised with buhari’s tribalist appointments

      • niran ade

        Anyone can rant the rant whenever, just include facts in your narrations. Kemi and her team has untangled the old ways of doing things in Nigeria. Don’t get me wrong, I’m not saying they are saints, but service is being delivered. No country in the world is corrupt free. Our madam finance has changed the ways from pen and paper to technology backed solutions. Wasted, bloated contracts and lack of service delivery is a thing of the past. Let us continue on the bright side and ensure that partisanship dont ruin us!!!

        • Nwa_Africa

          Like the missing US$25 Billion in Baru`s account?

          • niran ade

            Proof? Or you believe everything online?

        • Northeast

          I am with you 100%

  • M-olaniyi Odebode

    Very big congratulations to Nigeria’s efficient, competent, thrifty, prudent, graft-hating, looting-barring, patriotic Minister of Finance. Despite baseless dirty attacks on you by detractors, you will soar far, very far above them. Please stay the course. History will vindicate you.

    • man

      i think this is to work future positions for her. she and kackwikwu will most likely leave this administration. they are beginning to see that pmb is a tribal man. only the shitholes will remain with pmb. hahahahah

      • Julius

        So the UN appointed her because they saw pmb as a tribal man …wow ! This is why a hater will remain a hater… losers like you are so delusional…seek help !

        • man

          idiots. tribalistic northerners that put huslers like maina as directors in the ministry should seek help. look at all maina videos, and wonder how they even hired that criminal into the govt. you know how un appoint people? smart people like kachikwu and adeosun will not stay in a shithole cabinet that uses tricks in all ways to put northerners in all top positions. while yusuf was in hospital, they appoint a northern NIA dg since people they sympathise. how are we even sure yusuf was in an enjoy enjoy enjoy accident with approval of his sss bodyguards??? the north nd pmb will use all types of tricks to deceive the nation. who wants to work with tribalistic president???? the country is for everyone. she most likely volunteer for this, until obasanjo will find better position for her in the imf or world bank. anyway all our underperformers are in the un,world bank, imf… and their shithole performers are not been felt by the nation.

          • Julius

            All that bullshit response because I ask you if Buhari is now making appointments for the UN. Dude, your rant makes no sense.

      • Pawa2

        You talk rubbish. How did you manage to grow up thinking like that?

        • Nwa_Africa

          Pure truth hurts you blind fools in APC lying party

          • Pawa2

            Truth cannot come from the likes of you.

      • M-olaniyi Odebode

        All unpatriotic, corrupt, treasury-looting, shameless ill-gotten money flaunting, profligate Buhari-hating Nigerians will certainly agree with your view and laugh with you. But all other Nigerians, millions of them, will not.

        • Prince Prince

          For full blown islamisatiom of a country following conditions must be met.
          The Finance, the Education and petroleum ministers must be Muslims. Wake and smell a curfew, you bigot.
          This might be a ploy to edge her out and install a Muslim

          • M-olaniyi Odebode

            Thrash! For Nigeria to work, all ministers and other appointees must be members of your ethnic group!

          • Prince Prince

            Aboki, Change your moniker to Sani that you are.
            Only yesterday NIA boss Oke was framed up, sacked and replaced with Chadian Fulani.
            The next finance minister will be a Muslim to fulfil OIC’s condition of being an Islamic nation. It does not matter to you anyway because probably you are a Banza Bokwai.

          • M-olaniyi Odebode

            Banza Bokwai is a term that was used to refer to the seven non-Hausa towns of the 14 major towns in the ancient Northern Nigeria and does not refer to a person!
            Nigeria is a multi-ethnic and multi-religion country in whose constitution, the freedom of worship is entrenched. Nigeria’s Anglican Church is the largest in the Anglican communion world-wide Many Nigerian organisations belong to International Christian Bodies. And if there were an Organization of of Christian Nations of the world, Nigeria would definitely be a member! I therefore do not see the necessity of your bigoted outburst.

          • Prince Prince

            I knew you might be one from that enclave. A line from your bigoted arguments always betrays you.
            Having said that I must tell you that I don’t have anything against Kemi Adeosun’s rising profile. I like her as a young Dynamic and and outstanding Lady. I don’t have to be a Yoruba to feel so.
            But I must tell you that so many Nigerians are no longer comfortable with any moves made by Buhari and the cabals..

            When he sacked Babschir Lawal (the grass cutter) he appointed his cousin who is also a northern Christian, But when he sacked Oke, the NIA boss, a Yoruba man from SW, he appointed a Chadian Fulani. Some one that was alleged to have failed NIA exams twice. So we should be apprehensive that he might replace Kemi using this ad hoc appointment as an excuse
            For a nation to be taken seriously by OIC nations and be regarded as a bonafide member the post of
            the Finance minister
            the Education minister
            And Petroleum minister must be held by Muslims. May be this information is beyond your knowledge.
            I sincerely hope that it’s not where Buhari is headed to.

            We have a lot to worry going by his antecedents.

          • M-olaniyi Odebode

            I must also let you know that I was born into a Christian family, a family that embraced Christianity since the Religion’s debut in Nigeria and that I have been a truly-believing practicing Christian for some seven decades. In Nigeria, Christianity and Islam do not strictly follow tribal lines. It may shock you to know that there are many Fulani Christians even though the Fulani are preponderantly Muslim. You may also wish to note even in Sokoto, the seat of Nigeria’s Islam caliphate, there are churches whose members are indigenous to Sokoto and surrounding states. And I am not aware of any report of a major clash between Christians and Muslims in the area. Apart from the majority tribe (many of whose members are also), and the minority but ruling Fulani elite tribe, there are scores of other minority tribes in NW, NE, and North-Central Nigeria whose indigenous populations are a mixture of Christians (largely) and Muslims who co-exist peacefully. That is also true of Edo State and the six states in Nigeria’s Southwest geopolitical zone. In the Southwest, to which I am indigenous, many extended families have a mixture of adherents of Christianity and Islam, a situation that can sometimes be observed among siblings. Yet we all live together in peace here and who becomes a state governor or a holder of any other political and government post depends on merit and his/her acceptability to the people but onto on his/her religion! Nigeria is a member of the Organization of Islamic Countries (OIC) because of its significant Muslim population. Had there been in existence an Organization of Christian Countries (OCC), nothing could have stopped Nigeria from being a member as the provisions of the Nigerian constitution guarantee this. IN ANY EVENT, THE COUNTRY’S ADMINISTRATION’S ACTIONS ARE BOUND BY NIGERIA’S CONSTITUTION AND NOT THE DEMANDS OF OIC OR A POSSIBLE FUTURE OCC. I believe that Nigeria currently has enough challenges: a poor economy that resulted from the economy-destroying, profligate, corrupt, treasury-looting and common man -insensitive policies and practices of the immediate past PDP government. This is further exacerbated by the menace of the common criminal, savage murderer Boko Haram and the rampaging Fulani herdsmen (WHO i BELIEVE SHOULD BE DEALT WITH LIKE THE CRIMINALS THEY ARE) plus the greed of an ethnic group who maintains that they should reap where they did not sow, IPOB and its supporters etc. WE SHOULD THEREFORE NOT FURTHER COMPOUND THE NATION’S SITUATION BY READING A RELIGIOUS INTENT INTO ALL GOVERNMENT ACTIONS!

          • Prince Prince

            Sir, I beg to differ in some of your submissions.
            Nigeria is a secular state and on no account all things being equal shall it belong to any international religious organization. Consequences of unilateral decision of the Muslim cabals forcefully making us a member of OIC manifested in the recent votes @ the general assembly for or against Jerusalem being the capital of Israel. Religious Extremist called Buhari not only attended OIC meeting that equally endorsed Jerusalem as the capital of Palestine but also voted against Isreal at the UN general assembly. You can agree with me that it was idiotic for him to have done that and the consequence will unfold soon. The wise thing he should have done is to ABSTAIN.

            You equally said that Yorubas of SW and NC descent are liberal when it comes to religion. I agree completely. For us in the south, we see it as ur strength but the caliphate North see it as your Weakness. One of the reasons Yoruba’s lost ILORIN to the caliphate North is because of this over liberalism. If does not matter to you, I can assure you that we don’t feel that way. We are not happy that the south lost Ilorin to the caliphate.

            So my dear, I have no apology being pessimistic about moves made by Buhari and his cabal. It is ur right to be comfortable anyway and I wish you luck.
            Bye

          • M-olaniyi Odebode

            I appreciate your civil and polite response. There is a lot more to the Israeli Jew-Palestine politics than meets the eyes and that must read about in order to understand these issues. The city of Jerusalem is divided into West (much larger, highly developed, and occupied by the Jews) and East (inhabited by Palestinian Arabs). The Palestinians do not want to be part of Israel; they want to have their own sovereign state with East Jerusalem as its capital, and that is what OIC and other Muslims and Muslim bodies the world over want and endorse. By contrast, the Jews want an undivided Jerusalem as the capital of one united Israel (including Palestinian areas, claiming that Biblically (i.e. historically), the whole area has always belonged to Jews. But conflict started in the area thousands of years before now when Abraham, the progenitor of the Jews as well as the Arabs, came all the way from Ur (situated in Today’s Iraq) with his forces to vanquish the then indigenous people of the area and appropriated their lands. Ever since then, the area has seen no sustained peace. Note also that the vast majority of the Jews are not Christians; they embrace Judaism. By contrast, many Palestinians at home are Christians – Yasser Arafat who led the PALESTINIAN LIBERATION ORGANIZATION FOR DECADES HAD A CHRISTIAN PALESTINIAN WIFE. So the issue is not strictly a Christian-Muslim (religious) conflict! It is more of an ethnic struggle for land and supremacy. I understand your perception because I felt the same prior to 1978. I started to read about and analyze the issue after what I observed in Jerusalem (East and West) and other parts of Israel during a three-week visit to the country in 1978. [I went there, not on pilgrimage, but to attend a geological conference and the post-conference geological field trips]. That has shaped my perception. On the UN voting issue, would it be morally right for the secular nation called Nigeria to abstain. From a vote proposed to condemn terrorist activities of ISIS? You also note that Babangida and not Buhari got Nigeria into the OIC. President Buhari’s stand, actions, and pronouncements at any international fora are necessarily guided by Nigeria’s Foreign Policy. Consequently, instead of blaming the president or any other person, Nigerians, through the National Assembly, should change those aspects of the Foreign Policy that are deemed to be obnoxious and unacceptable! A Fulani Emir is Ilorin’s paramount monarch but the town itself a Yoruba-Oyo territory as more than 98% of its indigenous people are Yoruba. The Nigerian constitution does not recognize the Sokoto Caliphate as a political entity; thus Ilorin cannot be part of the caliphate. Ilorin was an Oyo army camp town administered by the Commandant (named Afonja). [Incidentally, it is good for you to know that the ancient, the first Oyo City is located in the present Kwara State not far from Ilorin.] Afonja rebelled against the Allafin, the Oyo monarch and Emperor because Afonja wanted to be independent from the Oyo Empire. On getting the wind that Alaafin was preparing his troops to fight off the rebellion, Afonja quickly invited the Fulani Alimi with his forces to help defend the territory. The combined forces of Afonja and Alimi subsequently defeated the Alaafin forces. Thereafter, the Fulani murdered Afonja and installed one of their own as the ruler of Ilorin. Had Afonja no rebelled against Alaafin, there would never have been an Emir in Ilorin. But one thing most people outside the Yoruba-speaking parts of Nigeria do not is that even with an emir in place, the Ilorin Yoruba have their own, separate monarch, who is duly recognized by the Kwara State government.

    • Nwa_Africa

      Yariba mumu, look at how your Yariba sister is looking so fat after eating our oil money……………………

    • kanen

      Sycophant

      • M-olaniyi Odebode

        By definition, a sycophant is a “fawning flatterer: a servile or obsequious person who flatters somebody powerful for personal gain”. [Microsoft® Encarta® 2009. © 1993-2008 Microsoft Corporation. All rights reserved]
        For your information I am an ex-University Geology teacher, who has been a Professor of Geology for more than 25 years, and who retired from public office almost 11 years ago after more than 30 years of service.
        My upbringing has always demanded truthfulness and honesty in all my undertakings. These have become a life-long policy, which I tried as a teacher to impress on my students and which I cannot know jettison in my old age.
        I was not a child in 1960 when Nigeria gained political independence from Britain and I have observed the activities of all Nigerian governments ever since. Many young people do not have the historical perspective much older people have. They cannot therefore adequately and correctly assess even the most recent happenings in a nation. My post on Minister Adeosun is a reflection of my experience and in-depth analysis of her performance to date based on my personal experience that has spanned some seven decades. I therefore stand by every word contained in the post even if it is so unpopular that it irks people. The truth remains the truth even when it is not yet obvious. I am cocksure that history will vindicate my stand.
        Think about this: What gain would an old, long-retired professor of geology with an apt monthly pension want from the Finance Minister that would turn him into her fawner?
        My initial reaction to your comment was to ignore it, but, the teacher in me would not let it pass. You really need to be educated about many things in life. Regards, kanen.

        • kanen

          Thank you Prof for your fatherly instructions. I was only carried away by the level at which you spoke too good about her which to me was not necessarily going to make her any better nor change the entire truth about her person. It is however commendable to speak positive about someone but not in a way as to portray what is not true about the person. That was my feeling and never intended to insult you. Again, thank you Sir

          • M-olaniyi Odebode

            God bless you real good.

  • Say the truth

    A recognition of her doggedness. Congrats. Where is unHolly WAHALa the big mouth calling you names now. A never do well nonentity called Wahala.

  • Olufemi Oyedele

    I want to use this medium to congratulate Mrs. Kemi Adeosun. Her numerous contributions which culminated into a riskless procurement of goods and services for our dear nation and which is glaring in our current economic rating, especially foreign reserve level, GDP, inflation rate, and balance of trade are commendable. I have always said that Nigeria has the right people that can take this country out of doldrum. Congrats, Honourable Minister.

  • Gbazi Ayogba

    Congratulation, is a honor well deserved.