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Nigerian leader to pick cabinet this week

Nigerian President Goodluck Jonathan will send a list of nominees for his new cabinet to the Senate for approval this week and some outgoing ministers will be retained, a presidency source says

Jonathan's choices for the new administration are being closely watched by both Nigerians and foreign investors who are keen to see a team capable of driving through badly-needed reforms in Africa's third largest economy.

"The Senate will definitely by Wednesday or Thursday get the ministerial list for screening," the source told Reuters, asking not to be named.

"The president will include a plea to lawmakers for accelerated handling of the screening exercise, because he wants his government to start working without delay," the source said.

Outgoing finance minister Olusegun Aganga and outgoing foreign minister Odein Ajumogobia are likely to be on the list, the source said. The list does not usually detail the portfolios which will be given to the nominees.

During the last government, Aganga oversaw the establishment of a sovereign wealth fund meant to better manage crude oil savings while Ajumogobia led calls at the United Nations for intervention to end a post-election crisis in Ivory Coast.

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