President Bola Tinubu has given the green light for the formation of a Governing Council of the Midstream and Downstream Gas Infrastructure Fund (MDGIF) to be housed within the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The newly appointed council members include the Chairman of MDGIF Governing Council, Minister of State for Petroleum Resources (Gas), Executive Director of MDGIF, Mr. Oluwole Adama, and the Secretary of MDGIF Governing Council, Mr. Joseph Tolorunshe.
Other significant appointments include Engr Farouk Ahmed as the NMDPRA Chief Executive, a representative from the Central Bank of Nigeria (CBN), a representative from the Federal Ministry of Finance, and independent members of MDGIF – Ms Amina Maina (North-East), Mr. Edet David Ubong (South-South), and Mr. Tajudeen Bolaji Musa (South-West).
According to a statement by Presidential spokesman, Ajuri Ngelale, the President has tasked the appointees with upholding utmost transparency, discipline, and patriotism in line with his administration’s dedication to bolstering the gas sector’s role in achieving comprehensive and robust economic growth for Nigeria.
Posted in African Business News
