Written by: Palmer Ogheneyole Nathaniel
The Honourable Minister for Petroleum (State), His Excellency Mr. Timipre Sylva, has been appointed Chairman of the steering committee for the implementation of the Petroleum Industry Act (PIA). This was made known to this medium by a top Presidency source who preferred not to be mentioned.
According to our source, other members of the committee were drawn from key arms of the Oil and gas sector as well as labour, Civil Liberty organizations and other critical stakeholders. Sylva’s appointment has signaled the commencement of the implementation of the controversial Act that was signed by President Muhammadu Buhari few days ago not minding the provocative sections and disapprovals that trailed the bill. The assent of the bill is also coming after over five decades of operating an outdated Petroleum Act.
