Olu Falae

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Olu Falae is a Nigerian politician and from Akure, Ondo State. A banker by profession, he served as the Minister of Finance in the military regime of Ibrahim Babangida in the late 1980s and early 1990s. He unsuccessfully contested the 1999 Nigerian presidential elections on the joint platform of the Alliance for Democracy (AD) and the All People's Party (APP) against Olusegun Obasanjo, the presidential candidate for the People's Democratic Party (PDP). A Yoruba Christian, he swept the southwest, the Yoruba heartland, but proved unable to attract significant support elsewhere. He is an alumnus of Yale University. Presently is a large scale farmer in Ago Abo, Akure, Ondo State

He is currently the protem Chairman of the newly registered DPA (Democratic Peoples Alliance) a progressive party with alliances with APGA (All Progressive Grand Alliance) led by Odumegwu Ojukwu a former Governor of South eastern Nigeria and a prominent Igbo leader.

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