Business & Finance

Finance Minister Fails Basic Arithmetic In Public

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The Minister of Finance, Kemi Adeosun was involved in a public goof during the defense of her ministry’s budget before the Senate.

She failed in the calculation of simple figures involving the addition of N16 billion and N6 billion which she mistakenly calculated to be N24 billion rather than N22 billion.

She made the error while analyzing the unremitted revenue of an examination body, which she did not name.

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She said the body had collected N6 billion from government as overheads and later made  N16 billion from the sale of exam materials and forms but declared a sum of N3 million.

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