President Goodluck Jonathan on Tuesday approved two key appointments for the country’s petroleum downstream rejuvenation.
According to a statement made available by the presidency, President Jonathan approved the appointment of
Mr. Reginald Chika Stanley as the Executive Secretary of the Petroleum Products Pricing and Regulatory Agency (PPPRA).
Mr. Stanley, who is currently the Group General Manager in charge of the Nigerian National Petroleum Corporation’s New Business Development Division, is to replace the incumbent Executive Secretary, Mr. Goody Chike Egbuji.
The presidents also approved the appointment of Mr. Osten Oluyemisi Olorunsola to replace Mr. Andrew Obaje as the Director of the Department of Petroleum Resources (DPR).
Mr. Olorunsola is currently the Vice President (Gas) at Shell Upstream International.
Both appointees, according to the presidency, have many years of experience at senior managerial levels in the petroleum industry.
Mr. Stanley who has about 32 years of experience in the industry, served at various times as Marketing Manager, NLNG; Executive Director, Duke Oil Company, UK; Executive Director (Commercial), PPMC; Managing Director, PPMC; and Managing Director, Hyson Limited. He hails from Abia State.
Mr. Olorunsola who also has been in the industry for 31 years has served as Strategic Business Adviser to the Minister of Petroleum Resources (2008-2009); Manager, Opportunity Delivery and Studies Centre at Shell; Reserves and Technology Manager (Africa), Shell (E&P) International, Netherlands; Business Interface Manager (Russia), Shell Technology (E&P) International, Netherlands; and Petroleum Engineering Manager, Shell Nigeria. He is an indigene of Kogi State.
The presidency stated that both appointments take immediate effect.