Mr Simbi Wabote, MD Local Content,FIN Award for Excellence
BreakingNews From MDA'STrending Story

Buhari renews appointments of  CEOs of PTDF, PEF, NCDMB 

79

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.

Leave a comment

Related Articles

Billionaire philanthropist Tony Elumelu mulls buying NPFL team

As part of his corporate social responsibility, billionaire banker and philanthropist Tony...

FG appoints management team for Nigeria Education Loans Fund

The Nigeria Education Loans Fund, an initiative of President Bola Tinubu took...

Terry G speaks on Davido, Wizkid, and Burna Boy rivalries, faces backlash from fans

Nigerian music sensation Terry G, also known as the Apako master, has...

Dani Alves pays €1m bail, set to leave Spanish jail

Former Brazil and Barcelona star Dani Alves, convicted of rape in Spain,...

World TB Day: 70 percent of TB cases in Africa now being diagnosed and treated – WHO

The World Health Organization (WHO) has disclosed that about 70 percent of...

13th AAG: Tobi Amusan wins gold in women’s 100m hurdles

The Nigerian sprint star, Tobi Amusan, won gold in the women’s 100m...

Subsidy removal: FG, 36 states, 779 LGs shared jumbo N10.14trn in 2023, says NEITI

The three tiers of government – Federal, state, and local governments –...

FG approves N12.7bln for mass metering of army barracks nationwide

The Federal Government says it has released N12.7 billion to provide electricity...

Tinubu Appoints FCT Civil Service Commission Chair, 10 Permanent Secretaries

President Bola Tinubu has approved the appointments of the Head of the...

Women’s Day: Tinubu felicitates women, vows to prioritise their welfare, rights

President Bola Tinubu has promised to prioritize the welfare of women, protect...

All African Games: Nigeria’s Flying Eagles start their campaign on a losing note

The Flying Eagles of Nigeria started their campaign in the men’s football...

Alleged N178bln debt: Reps dismiss petition against NPA, laud Bello-Koko, NPA 

A petition alleging that Mr. Bello Koko, the Managing Director of the...

$800m rehabilitation funds for Nigerian ports almost ready – FG

The Minister of Marine and Blue Economy, Mr. Gboyega Oyetola, has said...

Presidential Villa, EFCC, FIRS, 83 other MDAs risk total blackout over N47.1bln electricity debt

The Abuja Electricity Distribution Plc (AEDC) has threatened to disconnect the electricity...

FG appoints CEOs, board chairpersons for NAFDAC, NCDC, PCN, others

In furtherance of his determination to bring world class standards to the...

FCTA Disburses N4.8bln to Six Area Councils, Other Stakeholders

The Federal Capital Territory Administration (FCTA) has disbursed N4.8 billion to the...

EFCC sets up task force to combat dollarization of economy, mutilation of naira

The Economic and Financial Crimes Commission (EFCC) has announced the setting up...

Breaking: Seven days after, abducted Ekiti school children, teachers regain freedom

After seven days in the kidnappers’ den, the abducted students and teachers...

How Bafarawa diverted N4.6bln from ex-NSA for prayers, election, acquire luxury vehicles

A startling revelation has been made about how a former governor of...

CBN redeploys 1,500 staff to Lagos

The Central Bank of Nigeria (CBN) says it has redeployed 1,500 staff...