President Bola Tinubu has approved the appointment of a nine-member governing council for the Midstream and Downstream Gas Infrastructure Fund (MDGIF).
The Minister of State for Petroleum Resources in charge of gas would be the chairman.
The new approval was disclosed in a statement issued Friday evening by Special Adviser to the President on Media and Publicity, Ajuri Ngelale, in Abuja.
“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: Oluwole Adama; MDGIF Governing Council Secretary: 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: Edet David Ubong (South-South); and MDGIF Independent Member: 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,” the statement said.
