Buhari renews appointments of CEOs of PTDF, PEF, NCDMB

Per Second NewsSeptember 25, 20201 Mins read781

President Muhammadu Buhari has re-appointed the Chief Executive Officers of agencies under the Federal Ministry of Petroleum Resources for another four years.

The appointments followed recommendations by Chief Timipre Sylva, the Minister of State for Petroleum Resources.

Dr Bello Aliyu Gusau gets another tenure as the Executive Secretary of Petroleum Technology Development Fund (PTDF); Ahmed Bobboi as Executive Secretary/Chief Executive Officer of Petroleum Equalization Fund (PEF), while Engineer Simbi Wabote is reappointed Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), according to a statement by Special Adviser to the President on Media and Publicity, Mr Femi Adesina.

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

Mr Ahmed Bobboi got a second term for running PEF in a way that made it a key and strategic player in the administration’s oil and gas reforms, especially in stabilizing the supply and distribution of petroleum products across the country, among others.

For Wabote, he was adjudged for prudent management of the Nigerian Content Development Fund, completing the headquarters building of NCDMB, and also initiating many landmark projects widely commended by industry players.

All the appointments take immediate effect.