• Thursday, May 23, 2024
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Buhari renew appointments of PTDF, PEF, NCDMB


President Muhammadu Buhari on Friday renewed the appointments of Chief Executive Officers of agencies under the Ministry of Petroleum Resources.

The renewal, according to a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, followed recommendations to the President by Timipre Sylva, Minister of State Petroleum Resources.

The statement said Aliyu Gusau was reappointed Executive Secretary of Petroleum Technology Development Fund (PTDF); Ahmed Bobboi retained his job as the Executive Secretary/Chief Executive Officer of Petroleum Equalization Fund (PEF), while Simbi Wabote is reappointed Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB).

Gusau is credited to have run the PTDF successfully in the past four years, keeping faith with the Seven Strategic Priorities he had introduced in January 2017.

They include Domestication, Cost cutting, Sustainable funding, Efficient internal processes, Linkages with the industry, Utilization of centers of excellence, and Pursuit of home-grown research.

Ahmed Bobboi got his reappointment for having run PEF in a way that made it a key and strategic player in the administration’s oil and gas reforms, especially in stabilising the supply and distribution of petroleum products across the country, among others.

The statement said Simbi Wabote “won his pips for managing the Nigerian Content Development Fund prudently, completing the headquarters building of NCDMB, and also initiating many landmark projects that are widely commended by industry players.”

All the appointments take immediate effect.