One-time Lagos State Commissioner for Finance Mr Wale Edun was yesterday in Abuja inaugurated as Chairman of the Board of Trustees (BoT) of the Ogoni Trust Fund.
The Governing Council and the Trust Fund are two organs of teh Hydrocarbon Pollution Remediation Project (HYPREP), which will drive the clean-up of Ogoniland.
The exercise is expected to take 20 years, according to a United Nations Enviroment Programme (UNEP) Report.
President Muhammadu Buhari inaugurated the Edun-led Trust Fund BoT and the Governing Council chaired by Environment Minister Hajia Amina Muhammed at the Presidential Villa, Abuja
The President said the exercise was starting five years after the UNEP report was released.
Edun who is also one of the founders of STANBIC IBTC and Chairman of Vintage Press Ltd, publishers of The Nation, promised that the fund would be efficiently and tranparently managed.