Business

Tinubu Appoints 9-Man Board For Midstream and Downstream Gas Infrastructure Fund 

President Bola Tinubu has approved the appointment of a nine-man Governing Council for the Midstream and Downstream Gas Infrastructure Fund (MDGIF) to be domiciled in the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The Governing Council of the MDGIF, according to a release issued on Friday by presidential spokesperson, Ajuri Ngelale, is chaired by the Minister of State, Petroleum Resources (Gas).

Other members of the board include Executive Director, Mr. Oluwole Adama;

Governing Council Secretary, Mr. Joseph Tolorunshe; NMDPRA Chief Executive, Engr. Farouk Ahmed and Representative of the Central Bank of Nigeria (CBN).

Other members of the governing council are

Representative of the Federal Ministry of Finance; MDGIF Independent Member, Ms. Amina Maina (North-East); MDGIF Independent Member, Mr. Edet David Ubong (South-South) and MDGIF Independent Member, Mr. Tajudeen Bolaji Musa (South-West)

The President mandated the appointees to discharge their duties by upholding the highest standards of transparency, discipline, and patriotism in line with his administration’s drive to enhance the role of the gas sector in achieving robust and inclusive economic growth for Nigeria.

Deji Elumoye in Abuja 

Follow us on:

AriseNews

Recent Posts

Trump Considers Kevin Warsh for Treasury Secretary, Role Of Chairman Of Federal Reserve

Trump is considering Kevin Warsh for Treasury Secretary, with a future possibility of him becoming…

2 hours ago

Hyundai Recalls 145,235 Electrified Vehicles In The US Due To Power Loss Issue

Hyundai has recalled 145,235 electrified vehicles in the US. due to potential loss of drive…

2 hours ago

‘We’re Going to Begin to License Actors’, Says AGN President in A Bid For Standardisation

AGN president Rollas has stressed the need for actor licensing to ensure fair compensation and…

2 hours ago

EU Closes Antitrust Investigation Into Apple’s App Store Rules After Complaint Withdrawal

EU regulators has closed a four-year investigation into Apple's App Store rules after the complainant…

2 hours ago

IPOB Denounces Simon Ekpa As A ‘Destructive Agent’, Clarifies He Was Never A Member Of The Group

IPOB distanced itself from Simon Ekpa, calling him a “destructive agent” who infiltrated and destabilised…

3 hours ago

Biden Calls ICC’s Arrest Warrants For Netanyahu, Gallant ‘Outrageous’

Biden has condemned ICC's arrest warrants for Netanyahu and Gallant, calling them "outrageous" amid global…

4 hours ago