Friday, November 28, 2014

Petroleum Minister, Dieziani Alison-Madueke Becomes OPEC’S First Female President

Nigeria's Petroleum Minister, Dieziani Alison-Madueke, has been elected president of the Organisation of Petroleum Exporting Countries, OPEC. She was elected just as members of OPEC began their meeting at the headquarters of the group in Vienna, Austria.

Mrs. Alison-Madueke, who makes history as the first female to be elected into the office, succeeds Libyan Vice-Prime Minister for Corporations, Abdourhman Atahar Al-Ahirish, and is expected to commence work immediately to pilot the affairs of the organization at a time members are coming together to find ways of curbing falling global crude oil prices, which dropped to about $73.07 per barrel on Wednesday.

The minister has been one the most criticised in President Goodluck Jonathan's cabinet, and anti-corruption bodies had protested the move by OPEC to name her the new president of the oil block.

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