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Friday, December 4, 2015

KACHIKWU REPLACES DIEZANI AS OPEC PRESIDENT

Nigeria’s Minister of State for Petroleum, Ibe Kachikwu has replaced former minister, Diezani Alison-Madueke as president of the Organisation of Petroleum Exporting Countries, OPEC.

In November 2014, Alison-Madueke was named the first female president of OPEC when she was elected at the 166th ordinary meeting of the organization.


There have been speculations that President Muhammadu Buhari as Nigeria’s substantive Minister of Petroleum Resources would take over the OPEC top job, but the body in a recent update on its website named Kachikwu as the head of the OPEC conference.

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