Alison-Madueke Is OPEC's First Female President

Nigeria’s Petroleum Minister , Mrs. Diezani Alison-Madueke, has emerged as the first female president of the Organisation of Petroleum Exporting Countries (OPEC), Thisday reports.

Opec Headquarters in Vienna, Austria

Alison-Madueke was  elected today at OPEC’s ongoing 166th General Meeting of the body in Vienna, Austria.

She replaces former President of OPEC, Libyan Vice Prime Minister for Corporations, Abdourhman Atahar Al-Ahirish.

Alison-Madueke was already acting as the alternate president of OPEC before now. She is expected to immediately begin to serve her one-year term at the helm of OPEC affairs.

OPEC is expected to at the 166th meeting, take key decisions that could halt the dwindling price of crude oil