President Muhammadu Buhari, on Wednesday, appointed the Minister of State, Petroleum Resources, Timipre Sylva, as head of the committee on the implementation of the newly signed Petroleum Industry Act (PIA).
This was announced by presidential spokesman, Femi Adesina, in a statement which states that the committee has 12 months for the assignment, and periodic updates will be given to the President within the period.
Other members of 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 Executive Secretary, Petroleum Technology Development Fund, will serve as Head of the Coordinating Secretariat and the Implementation Working Group.
Adesina disclosed that 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.
