One time Secretary General to the Federation, Chief Olu Falae, has disclosed that he did not earn a salary when he served as a finance minister.
Chief Olu Falae
Olu Falae, a former Secretary to the Government of the Federation, who was recently released after being
abducted for days by suspected Fulani Herdsmen, has disclosed how much he earned when served as a finance minister.
Former SGF spoke when he received an ex-governor of Kano state, Ibrahim Shekarau, in his residence in Obaile.
Falae said when he told the thugs he had no money, they were angry; pointing out that he was a finance minister.
“When I told them I had no money they said how can I say that when I was once the country’s Minister of Finance. When I was Minister of Finance I did not earn salary. It was by choice, but they would not believe me.”
Falae told ex-governor that he was forced to call his wife and asked that his family collect the money demaned by the abductors in order to save his life.
Falae was Minister of Finance between January and August 1990 under the military government of Ibrahim Babangida.