President Tinubu reassigns portfolio, appoints Abubakar Momoh as Niger Delta Minister

President Tinubu has reassigned the former Osun State Governor, Adegboyega Oyetola, from the Federal Ministry of Transportation to the Federal Ministry of Marine and Blue Economy.

The president also approved the appointment of Abubakar Momoh as the Minister of Niger Delta development. Mr Momoh was redeployed from the Federal Ministry of Youth.

According to the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, pointed out that the changes are with immediate effect.

The President Tinubu also redeployed a minister-designate, Bunmi Tunji-Ojo, to the Ministry of Interior while Sa’idu Alkali was redeployed as the Minister of Transportation.

Both Ministers of State for Oil and Gas, Sen. Heineken Lokpobiri and Hon. Ekperipe Ekpo respectively are now to be domiciled in the Federal Ministry of Petroleum Resources.

Source: President Tinubu reassigns portfolio, appoints Abubakar Momoh as Niger Delta Minister – StocksWatch (stocksng.com)

Related Posts

18

Sep
Business & Economy

Stock Market Review: September 18, 2023

The stock market last week closed was down by 1.10% due to profit taking, bringing the All Share Index and Market Capitalisation to 67,395.74 points and N36.886 trillion respectively. Year to date, the market has returned 31.50%. In a stock market review with the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi, the following were discussed: […]

18

Sep
Business & Economy

Nigerian Bourse drops by 1.10% in one week on profit taking, sheds N409bn

The Nigerian stock market declined by 1.01% week on week, as NESTLE, PRESCO and other 51 stocks shed weights. The All Share Index dropped by 1.10% to settle at 67,395.74 points from 68,143.34 points. Consequently, the Market capitalization also dropped by 1.10% to settle at N36.886 trillion from N37.295, thereby shedding N409 billion. An aggregate of 2.93[…]