A Nigerian, Olusegun Adekunle, has been appointed the Alternate Chairman of the Economic Commission Board of the Organization of Petroleum Exporting Countries (OPEC).
OPEC made the announcement in a statement in Abuja Friday by Idang Alibi, Director of Press of the Ministry of Petroleum Resources.
“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", Mr. Alibi said in a press release.
While congratulating Adekunle, Minister of State for Petroleum, Dr. Ibe Kachikwu, expressed delight at the development and urged him to continue to work hard to justify the appointment and make Nigeria proud.
Before his appointment, Mr. Adekunle served as Nigeria’s representative to the organization.
The Economic Commission Board 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.
It also assists OPEC in promoting stability in international oil prices at equitable levels.