Foremost Economist, Prof Sam Aluko Dies At 83

Professor Sam Aluko, one of Nigeria's foremost economists has died at the age of 83.

Aluko passed away on Tuesday, in a hospital in the United Kingdom. He died from an undisclosed ailment.

The great economist served as the chairman of the National Economic Intelligence Committee in the late Gen. Sani Abacha regime.

Most renowned for his idea which introduced the Petroleum Trust Fund (PTF) under General Sani Abacha, the late Aluko, who hailed from Ekiti state, graduated with a distinction from the London School of Economics.

He also advised former Ondo governor, Michael Ajasin during the Second Republic.

He was a strong critic of budgets and financial plans of successive governments.