Petroleum Minister, Alison-Madueke Emerges New OPEC President

Petroleum Minister, Mrs Diezani Allison Madueke, has been elected as President of the Organisation of Petroleum Exporting Countries (OPEC).

Alison-Madueke was elected President of the organisation, Thursday at the ongoing 166th ordinary meeting of the oil body in Vienna, Austria.

She becomes the first female to head the oil producing countries’ organisation.

SHOCKER!!: Diezani Rejected By OPEC

In what is being considered a big blow to the administration of President Goodluck Jonathan on the international scene, a leading international firm has given the Thumbs Down to his "corruption" tainted nominee,Minister of Petroleum Resources, Diezani Alison-Madueke.

In a shocking twist, she wasn't found worthy enough to head such a respected world body, she has thus failed to become the first female Secretary-General of OPEC as the members rejected her.

    At its meeting on Wednesday, OPEC members refused to accept Alison-Madueke for the top position and they all agreed to extend the tenure of Abdullah al-Badri of Iraq, the current Secretary General, until June 2015 after the Presidential election in Nigeria...