By: Economic & Finance Report
Nigeria’s President, Muhammadu Buhari will govern the 170 plus million populous nation; as well as run and monitor the oil sector for Africa’s biggest economy and oil producer. Buhari is not new to the oil sector, he was in the past, head of the Oil Ministry in the 1970’s and then again in the 1990’s.
President Buhari serving in dual capacity, allows him to maximize leadership in leading Nigeria, as well as monitoring an oil industry that has struggled because of declining oil revenues and corruption. Having Buhari at the helm gives the new president oversight to find ways to improve the financial situation in the populated nation as well as make sure corruption does not seep through the oil industry as it has done in the past. -SB