Nigerian President Relies on Oil Officials in Fight Against Corruption

Nigerian President Relies on Oil Officials in Fight Against Corruption

Nigerian President Muhammadu Buhari is packing his new cabinet with figures from the oil industry, according to Bloomberg, having nominated four former state governors and the current head of the national oil company as ministers in his administration.

Among those nominated were Rotimi Amaechi, 50, who governed the oil-producing Rivers state from 2007 until 2015 when his second term expired.

There is Babatunde Fashola, 52, who was governor of Lagos state, and is credited with implementing improvements in tax collection that cut Lagos’ dependence on federally allocated oil revenue.

As for Emmanuel Kachikwu, he was appointed group managing director of state oil company, the Nigerian National Petroleum Corp. in August and formerly executive vice-chairman of ExxonMobil Africa.

What ministerial posts these nominees will take, however, has yet to be announced.

In other news Deutsche Welle reported that Nigeria’s Economic and Financial Crimes Commission (EFCC) arrested Atlantic Energy chairman Olajide Omokore on corruption and money laundering charges, only a day after Nigeria’s former petroleum minister was arrested in the UK on corruption charges.

Meanwhile, Nigeria has requested assistance from Switzerland with regards to Nigerian tycoon Kolawole Aluko and energy firms tied to him.

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