President Muhammadu Buhari has approved the appointment of a Chairman, Governing Board for the Petroleum Product Pricing Regulatory Agency (PPPRA); and reappointment of the incumbent Executive Secretary/Chief Executive Officer of the Agency.
The new Chairman of the Petroleum Product Pricing Regulatory Agency (PPPRA) Board is Mr Atuonwo Obinna; while the Executive Secretary/CEO is Mr Abdulkadir Saidu. The appointment of Mr Abdulkadir Saidu was renewed for another four years.
In a statement released by the Presidential Spokesman, Femi Adesina, the appointment of Mr Obinna as Chairman, Governing Board for a four year term is in accordance with section 2 (1-3) and section 3(a) of the Petroleum Product Pricing Regulatory Agency (Establishment, etc.) Act 2003.
Meanwhile the reappointment of the Executive Secretary/CEO put paid to the suspense that pervaded the Agency since the expiration of Mr Saidu’s first tenure months ago, while the federal government was silent on the vacuum.