Chief Olu Falae, a former Secretary to the Government of the Federation and
presidential candidate of the Alliance for Democracy in 1999, said he
has quit politics.
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| Chief Olu Falae |
His not-too-surprising announcement came hours after the National
Executive Committee of the party he founded, Social Democratic Party
endorsed President Muhammadu Buhari for next week’s election.
Falae, who had expressed preference for Atiku Abubakar, said he has
stepped down as National Chairman of the Social Democratic Party (SDP).
He also announced at a news conference in Akure he will no longer be
actively involved in politics, citing health challenge as a major reason
for his action.
Falae also cited irresolvable differences in the Social Democratic Party for his action.
The SDP is facing crisis over who should be the presidential
candidate, between former minister, Professor Jerry Gana and former
governor of Cross River, Donald Duke.
Falae was 80 years old on 21 September 2018. He was the secretary to
the military government headed by Ibrahim Babangida between 1986 and
1990, at a time government introduced the ill-advised Structural
Adjustment Programme, responsible for laying the foundation for the
increased poverty in Nigeria.
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