New Nigerian Oil Minister Emmanuel Ibe Kachikwu is chairing the meeting.
Iran is hosting the meeting, but upon customary protocol, presidency of the meeting is up to the president of the forum, so Nigerian Oil Minister undertook presidency of the meeting.
The ministerial meeting was supposed to be held in Abuja, capital of Nigeria, but upon Iran's request, the venue changed to Tehran.
For the first ever time since establishment of GECF, three Summit meetings, extraordinary and ordinary is being held simultaneously in Iran.
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