President Muhammadu Buhari has stated in New York on Tuesday
that he will remain Minister of Petroleum. He said this while addressing the
media after Global Leaders’ Summit on Countering ISIL and Violent Extremism. He
said he took the step as part of efforts to sanitise Nigeria’s oil
industry which 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 create more transparency.
He said that his first step in sanitizing the petroleum
sector has already begun with the appointment of a new
management for the NNPC and said that the prosecution of those who
misappropriated NNPC’s funds is already in the works.
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