Connect with us

Politics

ADEMOLA ADEYEMI-BERO CONFIRMED OPEC GOVERNOR FOR NIGERIA AND APPOINTED CHAIRMAN, OPEC BOARD OF GOVERNORS FOR 2025

Published

on

ADEMOLA ADEYEMI-BERO CONFIRMED OPEC GOVERNOR FOR NIGERIA AND APPOINTED CHAIRMAN, OPEC BOARD OF GOVERNORS FOR 2025
Spread the love

Nigeria has reaffirmed its leadership in the global energy sector with the appointment of Ademola Adeyemi-Bero, Nigeria’s Governor for OPEC, And Chairman OPEC Board of Governors for 2025.

His appointment was confirmed at the 189th meeting of the OPEC Conference.

Prior to his appointment as the Chairman of the OPEC Board of Governors, he was confirmed as Nigeria’s OPEC Governor for the year 2025.

This highlights Nigeria’s influence within the Organization of the Petroleum Exporting Countries (OPEC) and underscores the nation’s commitment to shaping global energy policies.

Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has Commended Adeyemi-Bero’s elevation as a testament to the country’s active contributions to the global oil industry.

The minister emphasized that Adeyemi-Bero’s appointment provides Nigeria with a vital platform to advocate for balanced energy policies that benefit oil producers, consumers, and the global economy.

The Minister also expressed profound gratitude to Ambassador Gabriel Aduda, the outgoing Nigerian OPEC Governor, for his exemplary service.

He acknowledged Ambassador Aduda’s instrumental role in advancing Nigeria’s interests within OPEC and ensuring the country’s influential presence in global energy discussions.

In The Same vein OPEC has appointed Adeeb Al-Aama, Governor of Saudi Arabia for OPEC, as the Alternate Chairman of the Board of Governors for 2025.

The OPEC Conference had representatives from member countries who deliberated on significant issues, including reports from the Secretary-General and the Economic Commission Board (ECB).
The Conference also extended the tenure of Haitham Al Ghais as OPEC Secretary General for another three years, effective August 1, 2025.

Member nations commended his exceptional leadership and the Secretariat’s unwavering commitment to the organization’s objectives.

Politics

Ugwanyi, Ikpeazu, Shehu Sani, others screened for ambassadorial appointments

Published

on

Spread the love

A reliable source disclosed to Ekwutosblog that two former south-eastern governors, Ifeanyi Ugwuanyi and Okezie Ikpeazu, have been screened for the role.

The source added that Shehu Sani, who recently joined the ruling All Progressives Congress (APC) and former presidential aide Reno Omokri, are among the nominees who have also been screened.

The source also confirmed that former Deputy Governor of Lagos State, Femi Pedro and former Minister of Aviation, Femi Fani-Kayode, have already gone through the screening process and have been cleared for their prospective national assignments.

It would be recalled that in September 2023, President Bola Tinubu recalled all Nigerian ambassadors, both career and non-career.

Continue Reading

Politics

Trump tariffs: 50 nations seek new US trade talks — official

Published

on

Some Trump officials are claiming that the tariffs are intended to get other world leaders to contact the president on potential new trade deals © Alex Brandon/AP/picture alliance
Spread the love

A senior advisor to US President Donald Trump said dozens of countries have contacted the White House seeking to renegotiate new US tariffs. Chip-making Taiwan says it wants to cut tariffs to zero.

Trump adviser: White House inundated with calls seeking fresh trade talks EU ready with “proportionate countermeasures,” says von der Leyen Netanyahu will urge Trump to cut tariffs on Israel during talks next week Chip leader Taiwan says it will seek zero-tariff deal with US

Here are the latest developments following the new round of Trump tariffs on Sunday, April 6:

EU’s von der Leyen warns bloc will ‘defend its interests’

European Union chief Ursula Von der Leyen said the bloc is prepared to “defend its interests with proportionate countermeasures” against Trump’s tariffs and will work with partners towards this end.

Von der Leyen, the President of the European Commission, the EU’s executive arm, issued a statement following a call with UK Prime Minister Keir Starmer, whose country has been hit by 10% tariffs.

The president also reaffirmed the EU’s “commitment to engaging in negotiations with the US.”

The Commission, which also coordinates the bloc’s trade policy, is due to propose to EU states on Monday a list of US products, worth $28 billion (€25.6 billion), to hit with extra duties.

The imports targeted include US meat, cereals, wine, wood and clothing, among other goods.

Those retaliatory measures are in response to Trump’s steel and aluminum tariffs rather than the broader reciprocal levies announced last week.

The 27-nation EU faces 25% tariffs on steel, aluminum and car exports and “reciprocal” tariffs of 20% from Wednesday for almost all other goods.

The new US tariffs will cover more than two-thirds of EU exports to the US.

On Monday, Luxembourg will host the first meeting of EU trade ministers since Trump’s sweeping tariffs were announced, where ministers are expected to push for a unified response.

Trump adviser: More than 50 countries want to renegotiate trade

Dozens of countries have so far reached out to renegotiate tariffs with the United States, a senior economic advisor to US President Donald Trump said.

National Economic Council Director Kevin Hassett told ABC News that Trump’s tariffs had so far driven “more than 50” countries to contact the White House to begin trade talks.

Hassett also denied that Trump hoped the new tariffs would crash financial markets to pressure the Federal Reserve to cut interest rates.

He insisted there would be no “political coercion” of the US central bank.

In a Truth Social post on Friday, Trump shared a video that suggested his tariffs aimed to hammer the stock market on purpose in a bid to force lower interest rates.

US stocks tumbled by around 10% on Thursday and Friday, after Trump announced a new global tariff regime that was more aggressive than investors had been anticipating.

Welcome to our coverage

Thank you for joining us as we bring you the latest developments on US President Donald Trump’s sweeping tariff plan, that has sent shockwaves around the world.

As nations digest the impact of the punitive new levies, several leaders have spoken about the desire to cut their own tariffs on imports from the US.

Investors, meanwhile, are nervously awaiting the opening of financial markets on Monday, after large falls in stock prices late last week, following the announcement.

Continue Reading

Politics

Peter Obi Is weak and Spineless , That’s why he couldn’t field any candidate for the November Anambra Election – Noble Eyisi (Former Unizik President

Published

on

Spread the love

Peter Obi Is weak and Spineless , That’s why he couldn’t field any candidate for the November Anambra Election – Noble Eyisi (Former Unizik President)..

He Posted this on his X account 👇:

This shouldn’t surprise anyone that knows Peter. ‘A man who stands for nothing will fall for anything’.

The upcoming November election should be a walk in the park for Obi if he decides to put a candidate forward but because he’s weak, he won’t. He wants to reap all the rewards but shun the hardwork.

Come 2027, the spineless man will talk about a ‘structure of criminality’; whereas he refused to take up the opportunity to build his own structure and define it the way he wants it to be.

 

Continue Reading

Trending