President Muhammadu Buhari has expressed condolence to the family of Professor Owodunni Teriba.
The Nigerian leader’s message was contained in a message on Friday by Femi Adesina, his spokesman.
Teriba, a renowned economist, passed away aged 82.
Buhari lauded the can-do spirit of the deceased, who studied privately for his Advanced Level education and completed his Bachelors in Economics at the University of Ibadan in 1962.
He received a scholarship to attend the University of Manchester, United Kingdom, obtaining Masters in Economics in 1963 and PhD in the same discipline in 1965.
Teriba returned to the University of Ibadan in 1966 as a senior lecturer, and was Head of the Department of Economics from 1975 – 1985.
The president said the late don stamped his authority on areas like economic principles, monetary, fiscal and development economics.
Buhari added that Teriba hoisted Nigeria’s flag proudly and that posterity would be kind to him.