The President, Major General Muhamamdu Buhari (retd.), 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 SpecialAdviser 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 ontheir mandate under the new legislation.

“The committee has 12 months duration for the assignment, and periodic updates will be given to Mr President.”

https://punchng.com/breaking-buhari-approves-steering-committee-on-petroleum-industry-act/

Noted

Nothing matters to him apart from ruga and petroleum

Fulani chief terrorist

I think what the Presidency should do
after signing into Law this Bill is
sensitization of the public what the
public will expect from the signing.
Many Nigerians don't know what the
Bill is all about. They only know 30%
for North and 3% for South. Few
others understand it as removal of fuel
subsidy. So the government need to do
a big work. The 3 mentioned areas
above were the two least of the PIB
from my understanding.