BREAKING: President Muhammadu Buhari Makes Fresh Appointment

President Muhammadu Buhari has authorized the apointment of a steering committee to supervise the enactment of the newly signed Petroleum Industry Act.

Femi Adesina, The Special Adviser to the President on Media and Publicity, made this known in a statement on Wednesday.

The statement was titled, ‘President Buhari Approves Steering Committee On Petroleum Industry Act’.

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According to Adesina, that the steering committee will be headed by the Minister of State, Petroleum Resources, Timipre Sylva.

The statement read, “President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process.

“The steering committee is headed by the Honourable Minister of State, Petroleum Resources, Timipre Sylva.

“Other members 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.

“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,” Adesina stated.

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