Minister of State Petroleum Resources, Chief Timipre Sylvia, has assured that the scrapping of the Department of Petroleum Resources (DPR), the Petroleum Equalization Fund (PEF) and the Petroleum Products Pricing Regulatory Agency (PPPRA), will not in any way relief the workers of their duties.
The Minister who disclosed this during his visit to the agencies in Abuja alongside the Chief Executive Officers of the Upstream Regulatory Commission and the Nigerian Midstream & Downstream Petroleum Regulatory Authority (NPRA), assured the workers that the Petroleum Industry Act guarantees their jobs in the new regulatory agencies.
Chief Sylva in company of the CEOs of the Upstream Regulatory Commission, Mr. Gbenga Komolafe and Mr. Farouk Ahmed of the NPRA at the meetings with the with the workers, said assets and liabilities of the scrapped agencies would be fully assumed by the successor agencies.
“It is normal that at junction like this, there are anxieties and that is why I thought I should come by myself along with the permanent secretary to assure you that this is a very normal transition.
Sylva stated that owing to the passage of the PIA, the winding down of the DPR and the emergence of two successor agencies, he had to step down as Chairman of the NNPC (board) according to the law.
While assuring that the law is very clear on the position of the staff of the DPR, PEF and PPPRA, the Minister stressed that No job and no remuneration is to be lost in this process.
“ The process is ongoing and the implementation committee is working on it, and the new CEOs will join that committee and we will work together to ensure that there is a seamless transition”, the Minister added.
PRIMACY NEWSBLOG 