On Tuesday, President Major General Muhammadu Buhari (ret.) praised Mohammed Barkindo, the departing Secretary-General of the Organisation of Petroleum Exporting Countries, as a deserving nation’s representative.
According to a statement issued by his Special Adviser on Media and Publicity, Femi Adesina, on Tuesday, Buhari mentioned this when he met Barkindo at State House in Abuja.
President Buhari tells Barkindo, the departing Secretary-General of OPEC, that he has been a good representative of his nation.
The President said that Barkindo would be remembered for making the country and himself proud throughout his six years of outstanding service as the fourth Nigerian Secretary-General of OPEC.
“You have been a good representative of our nation. We are proud of your accomplishments before and during your tenure at OPEC and the legacy you will leave behind. The global oil business has faced several obstacles during your tenure as OPEC secretary-general. Oil producers had difficulty working together to solve issues harming the oil market.
“Not long after, the globe was confronted with the COVID-19 epidemic, which precipitated a steep decline in crude oil prices. You have shown remarkable leadership in rallying industry participants and navigating tough circumstances. Your efforts in putting together the Declaration of Cooperation, the biggest in the history of OPEC and the global oil industry and the longest-lasting in the organization’s history, are without question. “This was a Herculean endeavor,” stated the President.
The Nigerian leader instructed the Ministry of Petroleum Resources and the Nigerian National Petroleum Company Limited to mobilize the oil and gas sector to provide an appropriate reception for Barkindo.
In his comments, Barkindo credited his achievement to President Buhari’s remarkable leadership, charm, worldwide stature, the backing of the OPEC secretariat in Vienna, and the collaboration of the organization’s members.
According to him, “it was extremely clear to me that OPEC could not handle this issue alone. We need the help of other major oil producers from across the globe. I remember that I spoke with you and drank from your wellspring of wisdom and vast reservoir of information about OPEC and international events.” “I did explain to them that they do not have to be full members of OPEC, but we could work together in a framework of cooperation. On December 10, 2016, we signed this historic agreement in Vienna. On January 1, 2017, we began working together and could assist them.
The former OPEC Secretary-General said that the Declaration of Cooperation, which is currently in its sixth year, also assisted the organization in navigating the market volatility caused by the 2020 COVID-19 epidemic.
He said that during COVID-19, the organization pulled 9.6 million barrels per day from the market for two years, the largest reduction in its history.
He noted that OPEC is in the last stages of restoring production levels owing to the recovery of the global economy and market.
Barkindo emphasized, “Throughout my administration, I have continued to benefit from the President’s worldwide goodwill, and whenever I have been in the globe, both within and outside of OPEC, the first person your fellow Presidents, Prime Ministers, and Kings have asked me about is my brother, President Muhammadu Buhari.
Consequently, he thanked President Buhari for allowing him to serve and pledged that Nigeria would continue to play a leading position in OPEC and the global oil business.