3 min read 574 words 6 views
0
(0)

President Muhammadu Buhari on Wednesday named the Minister of
State for Petroleum Resources, Timipre Sylva, to head the steering
committee to oversee the implementation of the new Petroleum
Industry Act.

image image

This is just as the President who returned last Friday from an
18-day visit to the United Kingdom presided over the weekly virtual
Federal Executive Council (FEC) meeting at the State House,
Abuja.
Other members of the steering committee, which has 12 months to
complete its assignment are

image

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.

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 programme, and ensure that the new institutions created have
the full capability to deliver on their mandate under the new
legislation.

Though the committee has 12 months duration for the assignment,
periodic updates will be given to Mr President.

Meanwhile, the Federal Executive Council (FEC) meeting is
underway at the Conference room of the First Lady’s office with
President Buhari presiding.

The virtual meeting is physically being attended by Vice
President Yemi Osinbajo, Secretary to the Government of the
Federation, Boss Mustapha; National Security Adviser (NSA),
Major-General Babagana Monguno (rtd) and Chief of Staff to the
President, Prof Ibrahim Gambari, and some Ministers.

President Muhammadu Buhari on Wednesday named the Minister of
State for Petroleum Resources, Timipre Sylva, to head the steering
committee to oversee the implementation of the new Petroleum
Industry Act.

image image

This is just as the President who returned last Friday from an
18-day visit to the United Kingdom presided over the weekly virtual
Federal Executive Council (FEC) meeting at the State House,
Abuja.
Other members of the steering committee, which has 12 months to
complete its assignment are

image

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.

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 programme, and ensure that the new institutions created have
the full capability to deliver on their mandate under the new
legislation.

Though the committee has 12 months duration for the assignment,
periodic updates will be given to Mr President.

Meanwhile, the Federal Executive Council (FEC) meeting is
underway at the Conference room of the First Lady’s office with
President Buhari presiding.

The virtual meeting is physically being attended by Vice
President Yemi Osinbajo, Secretary to the Government of the
Federation, Boss Mustapha; National Security Adviser (NSA),
Major-General Babagana Monguno (rtd) and Chief of Staff to the
President, Prof Ibrahim Gambari, and some Ministers.

Read more

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

By admin