The Organisation of the Petroleum Exporting Countries (OPEC) has appointed Ademola Adeyemi-Bero as chairman of the OPEC board of governors for 2025.

Mr Adeyemi-Bero’s appointment was confirmed at the 189th virtual meeting of the OPEC Conference convened on Tuesday.

Before he was appointed the chairman of the OPEC board of governors, he was confirmed as Nigeria’s OPEC governor for 2025.

In a statement, Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), said the prestigious role highlighted Nigeria’s influence within the OPEC.

He said it underscored Nigeria’s commitment to shaping global energy policies.

Mr Lokpobiri hailed Mr Adeyemi-Bero’s elevation as a testament to the country’s active contributions to the global oil industry.

According to him, Nigeria has reaffirmed its leadership in the global energy sector with his appointment.

He emphasised that the appointment gave Nigeria a vital platform to advocate for balanced energy policies that benefit oil producers, consumers, and the global economy.

The Minister also thanked Gabriel Aduda, the outgoing Nigerian OPEC governor, for his exemplary service. He acknowledged Aduda’s instrumental role in advancing Nigeria’s interests within OPEC and ensuring the country’s influential presence in global energy discussions.

In addition, OPEC appointed Adeeb Al-Aama, governor of Saudi Arabia for OPEC, as the alternate chairman of the board of governors for 2025.

The conference also extended the tenure of Haitham Al Ghais as OPEC secretary-general for another three years, effective August 1, 2025.

The member nations commended his exceptional leadership and the secretariat’s unwavering commitment to the organisation’s objectives. 

The conference brought together representatives from member countries to address significant issues, including reports from the secretary-general and the Economic Commission Board and to deliberate on critical internal matters.

(NAN)