revealed by the President himself.
He will head the Ministry of Petroleum Resources in the new cabinet.
But he added that he will appoint a minister of state for the ministry.
Addressing some select reporters in New York on Tuesday, after
addressing a Global Leaders' Summit on Countering ISIL and Violent
Extremism, he said: "I wil remain Minister of Petroleum.
"I will appoint a minister of State for Petroleum".
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.
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.
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.
Former President Olusegun Obasanjo, for most part of his tenure, was
the minister of petroleum.
—PM News
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