President Tinubu Constitutes Governing Council For Mid, Down stream Fund

By Temitope Mustapha, Abuja 

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President Bola Ahmed Tinubu has approved the appointment of a Governing Council of the Midstream and Downstream Gas Infrastructure Fund (MDGI).

A statement from the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, stated that the MDGI Fund is to be domiciled in the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, is to serve as the Chairman of the Governing Council.

Other members of the Council are Mr. Oluwole Adama -MDGIF Executive Director — MDGIF Governing Council Secretary — Mr. Joseph Tolorunshe and NMDPRA Chief Executive — Engr. Farouk Ahmed.

Also, on the governing council members list are representatives of the Central Bank of Nigeria (CBN), the Federal Ministry of Finance, MDGIF Independent Member — Ms. Amina Maina (North-East) MDGIF Independent Member — Mr. Edet David Ubong (South-South) MDGIF Independent Member — Mr. Tajudeen Bolaji Musa (South-West).

The President mandates 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.

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