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Nigerian takes JDA top job

By Upstream staff


The Nigeria-Sao Tome & Principe Joint Development Authority (JDA) has named Ado Yakubu Wanka as the authority's new chairman.


A statement released by the JDA last night announced Wanka's appointment, adding fellow Nigerian Morrison Anthony Fiddi will join the JDA as an executive director.

Nigerian President Olusegun Obasanjo has approved the new appointments.

The JDA board is made up of four members, two each from Nigeria and Sao Tome, while the chairmanship rotates yearly between them.

As well as heading the board, Wanka will also take charge of finance and administration, while Fiddi will take charge of the JDA's monitoring and inspection department.

Revenues from the resources in the area are shared in the ratio of 6:4, in favour of Nigeria.