Skip to main content

Minister tasks PPPRA board on deregulation, autogas policy

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has tasked the board of the Petroleum Products Pricing Regulatory Agency (PPPRA) on enforcement of deregulation when the Petroleum Industry Bill (PIB) becomes law.

Sylva gave the charge while inuagurating the Board Chairman of the Agency, Mr Obinna Atuonwu, in Abuja, on Wednesday.

“You were carefully chosen, and more especially at a good time when the PIB has been passed by the National Assembly. This entails a lot of movement.

“There is a provision for deregulation and subsidy removal in the bill, you are going to manage so many things, transiting from subsidy to deregulation.

“PPPRA is core in all these as well as the autogas policy which you will also be at the middle of overseeing,” he said.

The Minister assured the board that it would work with a competent team, as the reappointed Executive Secretary of the agency had enough expirence and was a technocrat.

“You can get a lot from him being a technocrat, and you from the political side, you will complement each other to work together.

“But I want you to know that you are going to preside over one of the most enlightened boards in the country; all the unions and activists have their representatives in the board. I wish you all the best,” he said

Responding, Atuonwu thanked the President and Sylva for the appointment and assured them of commitment in his service.

“I pledge my loyalty to the agency, ministry and our party, APC. I want to reassure you that I will not have issues with the Executive Secretary. When it is time to serve the nation, always count on me.

“I am fully aware of the turbulence ahead, but I am sure it will pass,” he said.

Also, the Executive Secretary Abdulkadir Sadiu congratulated the board chairman and assured that the management would continue to work cordially with the board.

“The management has had cordial relationship with the board in the past four years and that will continue.

“I trust we can achieve this together, and I assureof my personal support towards accomplishing it,” he said. (NAN)

Popular posts from this blog

Tinubu Appoints Chioma Awuzie Substantive Rector, Fed Poly Oko

President Bola Ahmed Tinubu has approved the appointment of Dr. Chioma Irene Awuzie as the substantive Rector of Federal Polytechnic, Oko, Anambra State.  Dr. Awuzie's appointment, which takes effect immediately for a five-year term, follows the recommendation of the Polytechnic's Governing Council, chaired by Sen. Dr. Barnabas Gemade, after a transparent and competitive selection process where she emerged as the leading candidate. Prior to her appointment, Awuzie, who holds a Doctorate Degree in Physical and Materials Chemistry, was a distinguished Chief Lecturer in the Department of Science Laboratory Technology (Chemistry Option) and also Director in-charge of Tertiary Education Trust Fund (TETFund) Projects in the Polytechnic.  Under her stewardship, Federal Polytechnic, Oko, witnessed unprecedented advancements in infrastructure and institutional transformation.  Her leadership facilitated monumental developments across the Polytechnic’s campuses in Oko, ...

#Watchvideo : SECURITY FORCES BURST THE CAMP OF UNKNOWN GUNMEN IN AKOKWA

Security Forces in the state through a coordinated intelligence report has bursted the camp of the unknown gunmen at Akokwa, Arondizuogu after a long gun duel which resulted to the death of some of the criminals and others arrested. These criminal elements have been known to be behind several attacks in the state such as the killing of police men in Mbaise, Aba Branch in Ehime Mbano, burning down of police stations, attack and attempted kidnapping of former Governor Ikedi Ohakim, abduction of Miss. P.P. Johnson, a female soldier in Okigwe and recently the attack in Akokwa that left many dead. It is obvious that these daredevil gunmen have been perpetuating their evil plans unabated until yesterday when their camp was bursted by security agencies. This is another assurance that our security operatives are leaving no stone unturned in the fight against banditry and other related activities. While it has become obvious that the activities of these non state actors are politically motivate...

Tension In Uruagu Nnewi As Community Leaders Dare Soludo,Defy Court Order

The President of Uruagu-Nnewi Development Union, Chief Sunday Okoli aka Organizer, and the Obi of Uruagu-Nnewi community in Nnewi North local government area of Anambra State, His Majesty Afamefuna Charles Obi, have swept Soludo's directive to the gutters, by reason of their suspension and subsequent dessolution of the leadership of the community's youth forum, led by Ejike Ifejiofor, and subsequent appointment of caretaker executive to pilot the affairs of youths in the community. The Anambra governor had, through a letter dated August 9, 2024, signed by the Permanent Secretary, Anambra State Ministry of Youth Development, Dr. Martin Agbili, warned the community leaders to stay any action regarding suspension of the Uruagu-Nnewi youth forum. The community had, through its PG, Chief Okoli, written to the Ministry of Youths Development, notifying the ministry of "immediate suspension" of the youth group over alleged insecurity in the area. But the ministry,...