» Buhari Set To Become Next OPEC President - PM News «

President Muhammadu Buhari is set to
become the next President of the
Organisation of Petroleum Exporting
Countries (OPEC), as Nigeria still retains its
seat, an official of the Nigerian National
Petroleum Corporation (NNPC) said on
Thursday in Abuja.
The official, who preferred anonymity, said
the exit of the former Minister Petroleum
Resources, Mrs Diezani Alison-Madueke,
had nothing to do with the status of Nigeria
as the President of the organisation.
The official said the position would be filled
after the appointment of a new Minister of
Petroleum by the president. It is widely
believed that President Buhari will double as
the Minister of Petroleum in a bid to rid the
ministry of the massive corruption that has
plagued it.
The official said the former minister was
elected at the 166th General Meeting of the
OPEC, not in her own capacity but to
represent Nigeria.
Alison-Madueke was elected the president of
the international oil body on Nov. 27, 2014
but started to function in the office in
January 2015.
The president of OPEC, according to the
official, is expected to serve for a period of
one year and to preside over the meetings
of the conference in the course of that
presidency.
OPEC, the source says, has Alternate
President who exercises the responsibilities
of the President during an absence, or
when the incumbent s unable to carry out
the responsibilities.