March 5, 2024

President Bola Tinubu has approved the appointment of a nine-man Governing Council for the Midstream and Downstream Gas Infrastructure Fund (MDGIF) to be domiciled in the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The Governing Council of the MDGIF, according to a release issued on Friday by presidential spokesperson, Ajuri Ngelale, is chaired by the Minister of State, Petroleum Resources (Gas).

Other members of the board include Executive Director, Mr. Oluwole Adama;

Governing Council Secretary, Mr. Joseph Tolorunshe; NMDPRA Chief Executive, Engr. Farouk Ahmed and Representative of the Central Bank of Nigeria (CBN).

Other members of the governing council are

Representative of the Federal Ministry of Finance; MDGIF Independent Member, Ms. Amina Maina (North-East); MDGIF Independent Member, Mr. Edet David Ubong (South-South) and MDGIF Independent Member, Mr. Tajudeen Bolaji Musa (South-West)

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.

Arise News

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