The former Secretary to the Government of the Federation (SGF) and Minister of Finance, Olu Falae, has emphasized the necessity of having a person with integrity as the Petroleum Minister in Nigeria, rather than the president of the nation.
In a recent interview on Channels Television’s program, Falae criticized the practice of sitting presidents also holding the position of Petroleum Minister.
He acknowledged the significance of petroleum in government finances, noting that no president has completely relinquished control over it. However, he advised President Bola Ahmed Tinubu to appoint a dedicated minister for the sector, allowing him to focus on governance.
“I believe that there ought to be a minister for every important subject in government including petroleum. But I know that petroleum is so important to the finances of government that no president has been able to take his hands off petroleum completely; not Babangida because he had minister of petroleum, not…
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