By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-President Muhammadu Buhari has nominated as Minister Okechukwu Enyinna Enelamah, head of Nigeria’s biggest private equity firm, African Capital Alliance (ACA) a Reuters report quoted Bukola Saraki, Senate President on Tuesday.

According to the report, Saraki did not specify a portfolio for Enelamah as he read out a second batch of Buhari’s cabinet nominees that need to be approved by the upper house.

Enelamah is a former Goldman Sachs banker and a founder and chief executive of ACA, which has raised over $750 million in managed funds since its inception in 1997.

The report says President Buhari will disclose the cabinet portfolios only once the upper house approves his list. He had submitted a first batch with 21 names to the Senate the last day of September and has added an extra 15 to fulfil the constitutional need for a minister from each of Nigeria’s 36 states.

The report said among other technocrats nominated by President Buhari is Aisha Abubakar, a banker who until recently headed the Abuja Enterprise Agency, a government body to help smaller firms, Saraki said.

In the same vein, President Buhari, nominated Emmanuel Ibe Kachikwu, head of state oil firm Nigerian National Petroleum Corporation (NNPC), to join his cabinet.

Kachikwu a former Exxon-Mobil manager is expected to become junior oil minister called minister of state for petroleum resources as Buhari wants to keep the oil minister portfolio for himself.

Others nominated include Babatunde Raji Fashola and Rotimi Amaechi, immediate past governors of Lagos and Rivers States respectively.