President Muhammadu Buhari says he will head the Ministry of Petroleum Resources in the new cabinet.

Addressing some select reporters in New York on Tuesday, after addressing a Global Leaders’ Summit on Countering ISIL and Violent Extremism, he said: “I will remain Minister of Petroleum.

“I will appoint a minister of State for Petroleum”.

READ ALSO  NMA urges FG, states to increase health budget

According to him, this 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.

Buhari restated his determination to sanitise Nigeria’s oil industry and free it from corruption and shady deals.

READ ALSO  Many killed as Hausa, Yoruba traders clash in Ile-Ife

He said that the first step in this direction had already been taken with the appointment of a new management for the NNPC and its subsequent reorganisation.

The President said that the prosecution of those who misappropriated NNPC’s revenue under past administrations would soon commence.

READ ALSO  Low demand for dollar forces naira up at parallel market

On Corruption, he pledged that the federal government will fight corruption, because it has been identified as the root of all problems hindering Nigeria as a nation.

NAN recalls former President Olusegun Obasanjo, for most part of his tenure, was the mister of petroleum.

NAN


SHARE
AdAre you a One Minute Man? This Nafdac Approved Solution Would Help you Last 30mins+ with no side effects