
Federal Executive Council (FEC)
Buhari approves Steering Committee on Petroleum Industry Act

…greets engineer, administrator, entrepreneur, Emeka Okwuosa at 60

President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process.

The steering committee is headed by the Honourable Minister of State, Petroleum Resources, Timipre Sylva.
Other members 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.
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 on their mandate under the new legislation.
The committee has 12 months duration for the assignment, and periodic updates will be given to Mr President.
Also on Thursday, President Buhari salutes Chairman/CEO of Oilserv, Engineer Emeka Okwuosa, as he turns 60 August 19, 2021.
The President pays tribute to the Electronics/Electrical engineer who graduated from the then University of Ife (now Obafemi Awolowo University), and who has built a reputation as an astute administrator, investor, and entrepreneur.
Okwuosa, the President notes, successfully runs a chain of companies, both within and outside the country, with special interest in the oil and gas industry, playing a major role in the building of the landmark Ajaokuta-Kaduna-Kano (AKK) pipeline under construction.
President Buhari rejoices with the Okwuosa family, their friends, associates and well-wishers on the auspicious occasion, wishing the celebrant long life and prosperity.