As the #president of the largest African country in the world, #Nigeria, how will you handle the only sector that accounts for over 90 percent of revenue that keeps the nation alive? Who will you trust with the burden of ensuring that the petroleum sector is properly sanitized and functions very well to maximum capacity?
There is no doubt that Muhammadu #Buhari is the president of Nigeria, and there is no minister he will appoint to fill any position in his cabinet that would not be thoroughly scrutinized; but, if there is one sector that every analysts’ eyes are on, that must be the petroleum sector. So, who will Muhammadu Buhari give the responsibility of taking charge of the reigns of the petroleum sector?
According to The Punch, there are speculations that #President Muhammadu Buhari will keep the #petroleum minister portfolio for himself in the new cabinet rather than trust anyone else with the ministry, which currently contributes over 80 per cent of Nigeria’s revenue.
Buhari has extensive knowledge of the oil sector, having been head of the Petroleum Trust Fund under an ex-military ruler, the late Gen. Sani Abacha, in the 1990s and oil minister in the 1970s under Olusegun Obasanjo.
One long-standing associate of Buhari, who spoke on condition of anonymity because the cabinet decision was still under wraps, said #Nigeria’s oil sector was so dirty that nobody’s hands were clean enough to do the “surgical changes” needed, Reuters reported.
Reuters also quoted another political associate as saying, “He will do it. It would be stupid to give that position to anyone else.”
The first source said Buhari had still not decided on his cabinet and had laughed off media speculation about the figures he would appoint, joking with friends as he read out a newspaper article that mentioned possible names: “They have picked my ministers for me! Have I even told you who I want?”
If you need current information on the forex market in nigeria and Authentic Pool information, then consider visiting this site again.
Nomie Autos Bonanza: get 30% discount on any car you buy; hurry, offer exists while stock lasts.
Follow us on twitter @newsbeatportal
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535
Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.