01 September 2017, Sweetcrude, Lagos – President Muhammadu Buhari has expressed satisfaction over the current oil market conditions, saying he is impressed.
The president, who recently returned to Nigeria after over 100 days of medical vacation in London, made the statement during a courtesy visit by the Organisation of the Petroleum Exporting Countries, OPEC’s, Secretary-General, Mohammed Barkindo, in Abuja.
According to a release by OPEC on Thursday, both Barkindo and Buhari reportedly reviewed the prevailing oil market situations, after which the later, said he was satisfied with the “stead progress”.
Buhari then enjoined all participating countries in the “declaration of cooperation” (OPEC/non-OPEC cap deal), to “remain focused and resolute’.
The president who was once Nigeria’s minister of petroleum and represented the country in OPEC for several years, also commended the Secretary General for “the landmark decisions” taken in both 2016 and 2017, and for the significant turnaround in OPEC since he assumed office in August 2016.