TheCable

President Muhammadu Buhari has renewed the appointment of the heads of three agencies under the ministry of petroleum resources.

Among those reappointed is Bello Aliyu Gusau, executive secretary of the Petroleum Technology Development Fund (PTDF).

Gusau was first appointed into the position on September 26, 2016.

In a statement on Friday, Femi Adesina, presidential spokesman, said Gusau was reappointed alongside Ahmed Bobboi, executive secretary of Petroleum Equalization Fund (PEF); and Simbi Wabote, executive secretary, Nigerian Content Development and Monitoring Board (NCDMB).

He said the reappointments were made after recommendations from Timipre Sylva, minister of state petroleum resources.

“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,” the statement reads.

“These are: domestication, cost cutting, sustainable funding, efficient internal processes, linkages with the industry, utilisation of centers of excellence, and pursuit of home-grown research.

“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 stabilising the supply and distribution of petroleum products across the country, among others.

“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.”

According to Adesina, the reappointment takes effect immediately.