Breaking! OPEC Secretary General, Muhammad Barkindo, Dies At 63

'Dotun Akintomide
Writer
Breaking! OPEC Secretary-general, Mohammad Barkindo, Dies At 63
Barkindo, OPEC Secretary-General

Ad

Oil Prices Rally as the Geopolitical Risk Premium Rebuilds

Light crude oil futures rose for the week, closing Thursday at $63.52, up $1.54 or +2.48% from last Friday’s close, as geopolitical tensions, bullish inventory data, and renewed demand optimism drove a shift in market sentiment. The recovery followed two weeks of selling pressure and marked a return of bullish interest as supply-side risks reentered…

Japan designates Kisarazu as official hometown for Nigerians

In a landmark move to boost cultural ties and economic cooperation, the Government of Japan has designated the city of Kisarazu as the official hometown for Nigerians wishing to live and work in the country. The announcement was made on Thursday on the sidelines of the Ninth Tokyo International Conference on African Development (TICAD9), held…

FG to raise N200bn through two bond offers at August auction

By Obinna Uballa The Debt Management Office (DMO) has announced plans to raise N200 billion through two Federal Government bond offerings scheduled for auction on August 25, 2025. According to a notice issued by the DMO on Friday, the subscription price for each bond is fixed at N1,000 per unit, with a minimum subscription requirement…

Ad

Outgoing Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Sanusi Barkindo is dead.

Barkindo, 63, was said to have died at about 11 pm on Tuesday.

His death was announced in the early hours of Wednesday by NNPC GMD, Mele Kyari, who described his departure as a great loss to his immediate family, NNPC Nigeria, OPEC and global energy community.

Though the cause of his death was not disclosed in the tweet, Barkindo was received at the State House Tuesday by President Muhammadu Buhari, who lauded the outgoing OPEC secretary general’s six-year tenure and described him as a worthy ambassador of Nigeria.

In a statement on his verified Twitter handlle, @MKKyari, at 4.32am Weddnesday, the NNPC GMD wrote: ”We lost our esteemed Dr Muhammad Sanusi Barkindo.

“He died at about 11pm yesterday 5th July 2022. Certainly a great loss to his immediate family, the NNPC, our country Nigeria, the OPEC and the global energy community. Burial arrangements  will be announced shortly.”

Mohammed Sanusi Barkindo was born in Yola, Adamawa on 20th April 1959. He had been Secretary General of OPEC since 1 August, 2016.

He previously served as Acting Secretary General in 2006, represented Nigeria on OPEC’s Economic Commission Board during 1993–2008, led the Nigerian National Petroleum Corporation during 2009–2010, and has headed Nigeria’s technical delegation to UN climate negotiations since 1991.

Ad

X whatsapp