I usually shy away from what may appear as shielding political leaders whose records should speak for them from scrutiny, but this particular argument is both contradictory and hollow on many levels, and hereâs why.
It begins by praising public sector performance under Adamu Ciroma, a History graduate who rose to govern the Central Bank before becoming Minister of Finance, only to turn around and sneer at people whose credentials were built in fiercely competitive, merit-driven institutions before they entered public service. That logic is hard to follow.
Wale Edun is not some accidental occupant of public office. He worked on economic packages across Latin America, the Caribbean, Indonesia and India through the World Bankâs highly selective Young Professionals Programme. He later returned to Nigeria to co-found what became Stanbic IBTC, founded West Africa Ratings, served two terms as Lagos State Commissioner for Finance, and co-founded and chaired Chapel Hill Denham, one of the leading investment banking firms on the continent, which, even in 2026, was ranked the Best ECM Bank in Africa by Global Finance. He was also the first Nigerian in six decades to chair the African Governors Forum of the World Bank. One may disagree with his policies, but one cannot honestly dismiss his professional record.
Taiwo Oyedele, on the other hand, rose through the ranks of PwC, one of the four most distinguished accounting firms in the world. In more than two decades of organic growth, he emerged as Fiscal Policy Partner and Africa Tax Leader, with over ten years in top leadership positions. He has chaired major fiscal and tax bodies, contributed to national tax policy design, taught at respected institutions, and built a reputation as one of the countryâs most serious voices on fiscal reform. Nobody gets this far by being a fluke. To minimise that kind of professional growth for partisan convenience is sheer partisan mischief.
So you are wrong twice: wrong to diminish Wale Edunâs professional record, and wrong again to do the same to Taiwo Oyedele. The former may stem from sincere ignorance of the subjectâs career, but the latter seems to reflect the familiar Nigerian disdain for people who did not begin with a fancy degree: an HND holder. You cannot follow Taiwoâs career, or even listen to him speak for a few minutes, and come away thinking he is intellectually hollow. At this point, the only further test critics could demand would be to hand him an exam script on the spot. Because you do not get into a Big Four firm fresh out of a polytechnic if you are not exceptional.
As a nation, yes, we must hold public servants to account. But cherry-picking somebodyâs academic starting point while ignoring decades of proven excellence in high-performance institutions is not a fair test of merit. Taiwo began as an associate at PwC and rose to become a partner after more than twenty years. Wale Edun built a career across global finance, development institutions, investment, and subnational fiscal administration long before this moment. These institutions are not family shops, but places where you compete with some of the best minds available.
So what exactly is the argument here? That an HND earned two and half decades ago should outweigh two and a half decades of demonstrable excellence? That years of leadership, policy work, and technical accomplishment should be invalidated by an old credential simply because partisan politics requires a convenient insult? That makes little sense. What one learns, earns, and proves at the highest levels of professional life far surpasses the mediocrity of the sneers deployed to belittle it. You also may not be a fan of Wale Edun, but you cannot deny that he has one of the most difficult jobs in the country, and the results can be argued with data. But to say he is professionally unqualified is just a ridiculous thesis.
When Olusegun Obasanjo was looking for a Minister of Finance, he picked Malam Adamu Ciroma. A former CBN Governor and seasoned economic and policy adviser. He later picked Dr Ngozi Iweala, a PhD from MIT and a World Bank senior economic manager. Nenadi Usman was a junior minister and her appointment was strictly political. She didn't qualify for the role.
When Umaru Yar'adua was appointing a Finance Minister, he picked Dr Shamsuddeen Usman, a PhD from London School of Economics and Political Science, former Central Banker, former university academic, and former UBA manager. He later chose Dr Mansur Mukhtar, MSc Cambridge, PhD Sussex (Economics), Senior Economist, and former DG Debt Management Office.
Goodluck Jonathan appointed Olusegun Aganga, Senior Director at Ernst and Young London, MD Goldman Sachs London, World Bank and IMF Board Member. He later reappointed Dr Ngozi Iweala as Coordinating Minister for the Economy.
The rot started with the APC administration. Muhammadu Buhari appointed Kemi Adeosun. She has BSc Economics from the University of East London, a Postgraduate Diploma and certified Chartered Accountant as Finance Minister. She didn't even have NYSC certificate. He later appointed Zainab Shamsuna. She has BSc Accounting from ABU Zaria and MBA from Olabisi Onabanjo University. Was Executive Secretary at NEITI but had no relevant professional work experience in finance.
Bola Tinubu went tribal. He picked Wale Edun, a former Commissioner of Finance in Lagos and merchant banker. He has BSc, and MSc in Economics from the University of London. He later replaced him with Taiwo Oyedele, A HND holder in Accounting, MSc from Oxford Brookes, and former tax consultant at PwC. He has zero work experience in finance.
Dr Doris Nkiruka is a medical doctor. She's a Certified Finance Analyst and MBA holder but have zero work experience in finance administration.
Are you wondering why our economy has deteriorated under the APC administrations? The quality of their strategic appointments has been abysmal. It's either tribalism or nepotism. Merit is a second consideration!