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Showing posts with label Ministry of Petroleum Resources. Show all posts
Showing posts with label Ministry of Petroleum Resources. Show all posts

Wednesday, 30 September 2015

President Buhari Named self as Nigeria’s petroleum minister, Promises to appoint a minister of State for Petroleum

President Muhammadu Buhari
Nigerian President Muhammadu Buhari on Tuesday named the petroleum minister. And that is himself. Adding that he would personally head the Ministry of Petroleum Resources in the new cabinet.

Mr. Buhari, while addressing some select reporters in New York on Tuesday, after addressing a Global Leaders’ Summit on Countering ISIL and Violent Extremism, the President said: “I wil remain Minister of Petroleum.

“I will appoint a minister of State for Petroleum”. He said, the step is being taken as part of efforts to sanitise Nigeria’s oil industry, which is said to be plagued by corruption, massive fraud, and crude oil theft.

The President who restated his determination to sanitise Nigeria’s oil industry and free it from corruption and shady deals said the first step in this direction had already been taken with the appointment of a new management for the NNPC and its subsequent reorganisation.

He added that the prosecution of those who misappropriated NNPC’s revenue under past administrations would soon commence, reaffirming his anti corruption pledge that the federal government will fight corruption, because it has been identified as the root of all problems hindering Nigeria as a nation.