By Ishaya Ibrahim, News Editor
President Muhammadu Buhari on Friday renewed the appointment of Chief Executive Officers of Petroleum Technology Development Fund (PTDF), Petroleum Equalization Fund (PEF), and Nigerian Content Development and Monitoring Board (NCDMB).
The three agencies are under the Ministry of Petroleum Resources.
President Buhari’s action was contained in a statement issued by his Special Adviser on Media and Publicity, Femi Adesina.
Adesina said the appointment renewals followed recommendations made to the President by Chief Timipre Sylva, Minister of State Petroleum Resources.
The statement read, “Dr Bello Aliyu Gusau gets another nod 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).
“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 centers 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 administration’s oil and gas reforms, especially in stabilizing the supply and distribution of petroleum products across the country, among others.
‘Engineer 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.”
All the appointments take immediate effect.