President Buhari Approves New Board For NLNG, BGT (See Members)

By Chinenye Festus:-
President Muhammadu Buhari has approved the reconstitution of Federal Government’s representatives on the boards of Nigeria Liquefied Natural Gas (NLNG) and Bonny Gas Transport Limited (BGT).
The minister of state for petroleum resources, Timipre Sylva, disclosed this in a statement on Monday, July 13. Sylva said the current board members “had been on the respective boards since 2005 and it has become imperative to inject fresh ideas into the governance of the companies.
In a statement the minister personally signed on Wednesday, July 8, he explained that the federal government concluded that it was unrealistic to continue with the burden of subsidizing PMS to the tune of trillions of naira every year.
According to him, the decision was taken after a thorough examination of the economics of subsidizing PMS for domestic consumption.
The new members on the board of BGT, according to the minister, are Dr. Edmund Daukaru (president), Doyin Akinyanju (member), Abdul Abba G (member), GMD, NNPC, Mallam Mele Kyari (member) and permanent secretary ministry of petroleum resources Bitru Nabasu (member).

Kindly Share this

Be the first to comment

Leave a Reply

Your email address will not be published.