President Bola Tinubu on Friday approved the appointment of new executive directors and governing council for the Midstream and Downstream Gas Infrastructure Fund.
The Special Adviser to the President on Media and Publicity, Ajuri Ngelale disclosed this in a statement titled ‘President Tinubu Appoints Executive Director and Governing Council.’
According to the statement, the President mandated 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.”
The council which comprises representatives of the Central Bank of Nigeria and the Federal Ministry of Finance will operate under the umbrella of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)
“President Bola Tinubu has approved the appointment of a Governing Council of the Midstream and Downstream Gas Infrastructure Fund (MDGIF) to be domiciled in the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA):
MDGIF Governing Council Chairman — Minister of State, Petroleum Resources (Gas)
MDGIF Executive Director — Mr. Oluwole Adama
MDGIF Governing Council Secretary — Mr. Joseph Tolorunshe
NMDPRA Chief Executive — Engr. Farouk Ahmed
Representative of the Central Bank of Nigeria (CBN)
Representative of 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.”