March 28, 2024

President Muhammadu Buhari Tuesday in Abuja expressed the nation’s gratitude to the outgoing Secretary-General of  Organization of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, describing him as a worthy ambassador of the country.

Receiving Barkindo  at State House, the President said posterity will remember him kindly for making the nation and himself proud during his six years of meritorious service at the helm of affairs as the 4th OPEC Secretary-General from Nigeria.

The President directed the Ministry of Petroleum Resources and the Nigerian National Petroleum Company (NNPC) Limited to mobilise the oil and gas industry to organise a befitting welcome reception in honour of Barkindo.

‘‘You have indeed been a worthy ambassador of our country. We are proud of your achievements before and during your appointment at OPEC and the proud legacies you will leave behind.

‘‘Your time in charge of the affairs of OPEC has been a very challenging one for the global oil industry. Oil producers were finding it difficult to come together to address challenges that were crippling the oil market.

‘‘Not long after, the world was faced with the COVID-19 pandemic that sent crude prices spiralling down at an alarming rate. You showed incredible leadership to rally industry players and pushed through the turbulent times.

‘‘There is no doubt about your efforts in putting together the Declaration of Cooperation which is the largest in the history of OPEC and the global oil industry and also the longest in duration in the history of the organization. This was a herculean task,’’ the President said.

The Nigerian leader heaped more praises on his compatriot for providing experienced administrative management to OPEC, adding that his efforts have placed the organization in a stronger position to confront the challenges it will face in the coming years.

In his remarks, Barkindo attributed his success to the tremendous guidance, charisma and international gravitas of President Buhari; support from OPEC secretariat in Vienna; and cooperation by members of the organisation.

He recounted how the counsel from President Buhari helped in the birthing of the Declaration of Cooperation of OPEC and non-OPEC oil-producing countries, after he assumed office in Vienna, Austria in 2016 during a downturn in the sector when oil prices plunged to less than 10 U.S dollars per barrel.

‘‘It was very obvious to me that this was beyond OPEC alone to address. We needed to get the support of other leading oil producers around the world.

‘‘I recall that I did consult with you and I drank from your fountain of wisdom and your deep reservoir of knowledge of OPEC and global affairs.

‘‘With your advice and guidance, I set out to various capitals around the world to try to persuade them to understand the gravity of the situation and the need for them to urgently join hands with OPEC.

‘‘I did explain to them that they do not have to be full members of OPEC but we could work together in a framework of cooperation and on the 10th December, 2016 we signed this historic agreement in Vienna and on the 1st January, we started working together and we were able to assist the oil market restore stability.’’

The former OPEC Secretary-General noted that the Declaration of Cooperation, which is now in its sixth year, also helped the organisation to navigate the turbulence in the market occasioned by the COVID-19 pandemic in 2020.

He explained that amidst COVID-19, the organisation took a decision to withdraw 9.6 million barrels per day from the market- the highest ever adjustment in its history- for a duration of two years.

He added that OPEC is now in the final lap of restoring the production figures due to rebound in the global market and economy.

Barkindo stressed that ‘‘throughout the period of my tenure I have continued to benefit from the President’s international goodwill and everywhere I visited in the world both within OPEC and outside OPEC, the first person your fellow Presidents, Prime Ministers and Kings, ask me of is; how is my brother, President Muhamamdu Buhari.’’

Having survived the major turbulences in 2016 and 2020, Barkindo expressed confidence that the worst is over and the future looks very promising for the organisation.

He, therefore, thanked President Buhari for giving him the opportunity to serve, pledging that Nigeria would continue to play its leadership role in OPEC as well as in the global oil industry.

 

 

1,341 thoughts on “You’ve indeed been a worthy Ambassador of our country, President Buhari tells Barkindo, outgoing OPEC Secretary-General

  1. Pingback: 2backwoods
  2. Get warning information here. Commonly Used Drugs Charts.
    https://levaquin.science/# can you get cheap levaquin without insurance
    Comprehensive side effect and adverse reaction information. drug information and news for professionals and consumers.

  3. Everything what you want to know about pills. п»їMedicament prescribing information.
    new ed drugs
    Prescription Drug Information, Interactions & Side. safe and effective drugs are available.

  4. safe and effective drugs are available. Definitive journal of drugs and therapeutics.
    best otc ed pills
    drug information and news for professionals and consumers. Comprehensive side effect and adverse reaction information.

  5. Reserve a private Blackjack table with a ‘Learn to Play’ session! Ideal for corporate events, birthdays, stag stagettes and more. You write the following code to simulate the act of dealing an initial hand. To test the code, you deal a hand \_\text\), the fraction of initial hands that are Blackjack? European blackjack is another type of blackjack game which uses only two decks of cards. There’s no hole card in the European variation of the game, either. Doubling down is also restricted. In European blackjack, players can only do this if they have a hand of 9, 10 or 11, whereas in American players can do so whenever they wish. For players, based in the states, your best option for online blackjack (and our personal recommendation) is FanDuel Casino. Featuring over 25 different versions of the classic table game, FanDuel have something to offer for every blackjack enthusiast.
    http://littleyaksa.yodev.net/bbs/board.php?bo_table=free&wr_id=2257190
    Unique Spin on Proven Mechanics – Combines the perfect blend of proven mechanics and game math with innovation. These themes are brought to life by advanced graphics and animations, stirring soundtracks and amusing sound effects as well as engaging special features such as wilds, free spins and bonus rounds. The effect is total entertainment. Expert developer Microgaming continuously examine every facet of the slot game experience to see how to make it more fun. One innovation is rolling reels: instead of moving down the grid spin by spin, winning symbol combinations vanish from the reels, leaving space for other symbols to  drop down and potentially form wins. Another is Megaways: the reels adjust in height so the number of symbols vary from one spin to the next. Discover new video slot games monthly in our online casino.  

Leave a Reply to PearloiPi Cancel reply

Your email address will not be published. Required fields are marked *