The Organisation of Petroleum Exporting Countries (OPEC) on Friday, announced the appointment of Mr Olusegun Adekunle as the alternate Chairman of the Economic Commission Board.
This is contained in a statement released in Abuja on Friday by Idang Alibi, Director Press, Ministry of Petroleum Resources.
Alibi said: “In a welcome development, OPEC announced the appointment of Nigeria’s Mr Olusegun Adekunle as the Alternate Chairman of the 127th OPEC Economic Commission Board.”
The statement quoted the Minister, Dr Ibe Kachikwu, as expressing
delight at the development.
Kachikwu congratulated Adekunle and urged him ”to continue to work hard to justify the appointment and make Nigeria proud.’’
Adekunle was before this appointment Nigeria’s representative to the organisation.
The Commission is saddled with the responsibility of writing reports and making recommendations to the Conference of OPEC Oil Ministers on oil prices and other economic issues.
OPEC, as a body, co-ordinates and unify the petroleum policies of its member countries and ensure the stabilization of oil markets, for efficient, economic and regular supply of petroleum to consumers.