By Dayo Omoogun
President Muhammadu Buhari has, on Friday, renewed the appointments of the Executive Secretaries of the Petroleum Equalisation Fund (PEF),
Petroleum Technology Development Fund (PTDF) and the Nigerian Content Development and Monitoring Board, three agencies under the supervision of the Ministry of Petroleum Resources.
In a statement titled “President Buhari renews appointments of PTDF, PEF, NCDMB bosses” said the renewal of appointments was based on the recommendations by their Supervising Minister, Minister of State Petroleum Resources, Timipre Sylva.
The affected persons are the Executive Secretary of Petroleum Technology Development Fund, Dr Bello Gusau; the Executive Secretary of the Petroleum Equalisation Fund, Ahmed Bobboi; and the Executive Secretary, Nigerian Content Development and Monitoring Board, Simbi Wabote.
The statement highlighted the major achievements of the Chief Executives which earned them their reappointment thus:
” Dr 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.
“These are: domestication, cost-cutting, sustainable funding, efficient internal processes, linkages with the industry, utilization of centres of excellence, and pursuit of home-grown research.
“Mr Ahmed Bobboi gets his reappointment for having run PEF in a way that made it a key and strategic player in the administrations oil and gas reforms, especially in stabilizing the supply and distribution of petroleum products across the country, among others.
“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.
According to the statement ,”All the appointments take immediate effect.