Olu Falae

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Olu Falae is a Nigerian politician from Akure, Ondo State.[citation needed] A banker by profession, he served as the Minister of Finance[1] in the military regime of Ibrahim Babangida[2] 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).[3] 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. Falae is presently is a large scale farmer in Ago Abo, Akure, Ondo State.

He is currently the protem Chairman of the Democratic Peoples Alliance (DPA), a progressive party allied with the All Progressive Grand Alliance (APGA).

[edit] References

  1. ^ Commonwealth Observer Group, Commonwealth Secretariat. The National Assembly and Presidential Elections in Nigeria, 20 and 27 February 1999: Report. Page 27.
  2. ^ Maier, Karl. This House Has Fallen: Nigeria in Crisis. Page 29.
  3. ^ Udogu, Emmanuel Ike. Nigeria In The Twenty-first Century: Strategies for Political Stability and Peaceful Coexistence. Page 176.
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