Business
Presidency: Why Buhari Renewed Appointments Of Petroleum Chiefs
President Muhammadu Buhari has renewed the appointments of Chief Executive Officers of agencies under the Ministry of Petroleum Resources.
The Special Adviser to the President, on Media and Publicity, Femi Adesina,said the renewal of the appointments followed recommendations to the President by Minister of State, Petroleum Resources,Chief Timipre Sylva.
Those whose appointments were renewed are Dr Bello Aliyu Gusau as the Executive Secretary of Petroleum Technology Development Fund (PTDF); Ahmed Bobboi as Executive Secretary/Chief Executive Officer of Petroleum Equalisation Fund (PEF), while Engineer SimbiWabote is re-appointed Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB).
On why their appointments were renewed, Adesina, in the statement said, “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, Utilisation of centres 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 stabilising 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.”
He added that the renewal of the appointments took immediate effect.
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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