By Eyo Nsima

President Muhammadu Buhari has named the Minister of State for Petroleum Resources, Timipre Sylva, to oversee the implementation of the newly signed Petroleum Industry Act, PIA.

In a statement obtained by The Daily, www.thedaily-ng.com, the Special Adviser to the President on Media and Publicity, Chief Femi Adesina, said 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 statement, stated: “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.”