OPEC Presidency, Confirmation of Global Confidence in Jonathan’s Govt-PDP

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diezaninewThe Peoples Democratic Party (PDP)  has congratulated President Goodluck  Jonathan on the election of the Minister of Petroleum, Mrs Diezani  Alison-Madueke as President of the Organisation of Petroleum Exporting  Countries (OPEC).

A statement by Olisa Metuh,national publicity  secretary of the party said her election as the first female president of OPEC is, indeed, a  confirmation of the successes of the Transformation Agenda of the  present administration and the global confidence in Nigeria under the  leadership of President Goodluck Jonathan.

“Alison-Madueke’s determined growth of the Nigerian operational capacity  and local content in exploration and production, particularly through  the facilitation and approval of large-scale divestments by oil majors  to indigenous companies is unprecedented in Africa’s oil history. This  is indeed part of the many landmark achievements of the exemplary  government of President Goodluck Jonathan.

“Moreover, as a leading exporter of oil, Nigeria is now advantageously  positioned to contribute and help shape major decisions in the global  oil market.  Indeed, the decision by the OPEC member nations to hand the  task of presiding over their affairs to a prominent cabinet member in  our government speaks volumes of the trust reposed in us by the  international community.

Metuh said further, “We note with happiness that with the vigorous implementation of the  Transformation Agenda, our economy now ranks as one of the fastest  growing in the world. Our nation has become a top investment  destination, the largest economy in Africa as well as the 26th largest  economy in the world, with Nigerians and Nigerian businesses excelling  in all critical sectors of the global economy.

“Since the signing into law of the Nigerian Oil and Gas Industry Content  Development Act by President Jonathan, our Government has, among other  achievements in the sector, increased the level of indigenous Nigerian  participation in upstream and downstream activities by over 45 percent,  thereby increasing employment opportunities for our youth.

“Our Government has also succeeded in eliminating long queues at our fuel  stations through regular and sustained product supply, which is a  demonstration of our commitment to the wellbeing of our citizens.

PDP said “Today, gas infrastructure for the gas-to-power and gas-to-industry is  being aggressively put in place.  Over 450 kilometres of gas pipelines  have been installed in the last three years with another 2,000  kilometres planned over the next four years.

“As a people-oriented government, we had already begun gas supply,  growing from less than 500 million cubic feet per day, over four years, to about 1.5 billion cubic feet per day at the moment, with our goal being to attain four billion cubic feet per day over the next four  years.

The PDP assured  that it will continue to consolidate on the gains of the  successes so far achieved in all sectors of the economy through  meticulous implementation of our policies and manifesto.

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