Onaolapo Soleye
Onaolapo Soleye is a Nigerian scholar and former Minister of Finance during the military regime of General Muhammadu Buhari. He was also a former commissioner for Finance and Industry in Ogun State.[1] He sits on the board of the Obasanjo Presidential Library.
Onaolapo Soleye | |
|---|---|
| Minister of Finance | |
| In office 1984–1985 | |
| Preceded by | Sunday Essang |
| Succeeded by | Kalu Idika Kalu |
| Personal details | |
| Born | Abeokuta |
| Nationality | Nigerian |
| Alma mater | Baptist Boys’ High School, Nigeria London School of Economics and Political Science, UK University of Manchester, US |
| Profession | Politician Public Servant |
Education
Dr Soleye attended Baptist Boys’ High School, Abeokuta, one of the earliest secondary school established in Nigeria. He trained as a Sociologist and studied at the London School of Economics and Political Science and University of Manchester.[2]
Soleye's major policy actions during his tenure as Minister of Finance include:[3]
- Policies preventing drastic devaluation of the Naira
- Refinancing of trade debt arrears insured by international organizations
- Supported the rationalization and restriction of imports
- Did not stop the trend of budget deficit financing
- Creating of new Naira notes to halt currency smuggling
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References
- "Obasanjo Farms Withdraws From Okitipupa Oil Palm Board", Daily Trust, January 21, 2002
- Admin. "Soleye, Dr Onaolapo". Blerf.0rg. Retrieved 26 January 2019.
- Berendsen, Bernard. Asian Tigers, African Lions: Comparing the Development Performance of Southeast Asia and Africa. BRILL, 2013. pp. 167–168. ISBN 9789004260009.
- "Buhari, Magoro and the reunion of class of '84/85 (2)". Vanguard News. 2019-10-29. Retrieved 2020-05-30.
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