PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL. (PHOTO). #PRESS RELEASE.

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 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
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ETHIOPIA SIGNS DEAL WITH BREAKAWAY SOMALILAND ON RED SEA PORT ACCESS.(PHOTO)

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Ethiopia signs deal with breakaway Somaliland on Red Sea port access

Somaliland plans to lease a 20-km (12.4-mile) stretch of land along its coastline to Ethiopia to establish a marine force base, while Ethiopia would recognise Somaliland as an independent country.

Landlocked Ethiopia has signed an initial agreement with Somalia's breakaway region of Somaliland to use its Red Sea port of Berbera.

The memorandum of understanding was signed by Ethiopian Prime Minister Abiy Ahmed and Somaliland President Muse Bihi Abdi on Monday.

As part of the deal, Somaliland plans to lease a 20km (12.4-mile) stretch of land along its coastline to Ethiopia to establish a marine force base, Abdi said at the signing.

The pact prompted an emergency meeting of Somalia's cabinet on Tuesday morning to decide on a response, the Somali National News Agency (SONNA) said.
 

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