Buhari, who took charge at the end of May after pledging to end corruption in the west African nation, said his government would try to maximize revenue from the oil industry, which has been hit by theft, fraud and a falling crude oil price.
“Speaking here is the substantive minister of petroleum resources,” Buhari told a cheering audience at the state house.
The Nigerian president has already reorganised the management of the Petroleum Ministry by appointing key new staff members, renegotiating oil contracts and banning some companies from lifting crude oil.
Kemi Adeosun, a former manager with auditing firm PricewaterhouseCoopers, was named finance minister, while retired Brigadier General Monsur Dan-Ali was appointed defence minister.
Emmanuel Ibe Kachikwu, the managing director of the state owned Nigerian National Petroleum Corporation, was named junior minister of petroleum resources. James Ocholi was named>> Continue Reading
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