President Muhamamdu Buhari has commenced implementation of the newly signed Petroleum Industry Act by approving a steering committee to oversee the process.
A statement issued on Wednesday by the Special Adviser to the President on Media and Publicity, Femi Adesina, revealed that the steering committee will be headed by the Minister of State, Petroleum Resources, Timipre Sylva.
Others in the committee are Permanent Secretary, Ministry of Petroleum Resources; Group Managing Director, NNPC; Executive Chairman, FIRS; Representative of the Ministry of Justice; Representative of the Ministry of Finance, Budget and National Planning; Senior Special Assistant to the President on Natural Resources; Barrister Olufemi Lijadu as External Legal Adviser; while the Executive Secretary, Petroleum Technology Development Fund, will serve as Head of the Coordinating Secretariat and the Implementation Working Group.
According to the statement, “The primary responsibility of the steering committee shall be to guide the effective and timely implementation of the PIA in the course of transition to the petroleum industry envisaged in the reform program, and ensure that the new institutions created have the full capability to deliver on their mandate under the new legislation.
“The committee has 12 months duration for the assignment, and periodic updates will be given to Mr President.”
The newly elected SDNON excos have unveiled their ambitious plans for 2025 and celebrated the outgoing executives.…
The leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has released his 2025…
Music has always been central to African culture, reflecting societal changes while connecting generations. In…
Sinach is set to feature in the global Christian event, Gather25. Glamtush reports that Gather25,…
Yahaya Bello has been released after meeting his bail conditions. Glamtush reports that former…
Makinde has cancelled his birthday celebration to honour the Ibadan stampede victims. Glamtush reports that Governor…