PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL. (PHOTO). #PRESS RELEASE.
STATE HOUSE PRESS RELEASE PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the country, President Bola Tinubu has approved the appointment of Mr. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), as the Co-Chairman of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). This is also to further ensure effective oversight of the gas aspect of the nation's assets. The President remains committed to unlocking Nigeria's immense gas potential to stimulate industrial development, job creation, and sustainable economic growth. Chief Ajuri Ngelale Special Adviser to the President (Media & Publicity) May 9, 2024
Lagos State Governor,Mr Akinwunmi Ambode yesterday monday expressed the desire of his administration to partner with the Federal Republic of Germany in the areas of power,transport,technology and development finance to bring about a quantum leap in establishment and sustenance of businesses in the State.Governor Ambode,who spoke at Lagos House in Ikeja while playing host to the President of Germany,Mr.Joachim Gauck,said he was also favourably disposed to a sister city relationship between Lagos,the economic capital of Nigeria and Frankfurt,the commercial hub in Germany,especially in the area of financial service sector.He said Lagos being a commercial hub and the fourth largest economy in Africa with a GDP that is bigger than those of 41 countries in the continent combined,and Frankfurt a major economic hub in Europe should explore a working relationship in terms of massive financial service that would be mutually beneficial to the two cities.''One of the things i have tried to do quickly is to uphold the situation that there must be sanctity of law and there must be rule of law.We are strongly committed to the security and judicial sector reforms and we believe that is the only way we can encourage investors to come and do business in Lagos.I must recognize quickly the volume of German investments that we have in Lagos and i must quickly recognize what it means to us because ultimately it is about creation of jobs for our people and where we see a situation where we have willing partners and by the demonstration of the number and quality of businessmen that you have brought in this delegation,i am assured that we would have so much to do together as we proceed.I will like to let you know that the key areas that we are deeply interested in are power,technology and transport.We believe that we need to change the state of our transportation system in Lagos and that is why we are quietly talking to some German companies that we want a situation where we can actually phase out some of the buses that we are using for the quality buses that come from Germany and we are talking about buses to the volume of 10,000 to 20,000.Beyond that,we must also start to think about creating assembling plants and also workshop plants in Lagos to grow the economy of Germany and at the same time grow the economy of Nigeria''.More photos below. 
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