PREMIUM TIMES
President Muhammadu Buhari on Tuesday approved the constitution of a 14-member steering committee to address the supply and distribution of petroleum products across the country.
The steering committee will be chaired by the President, with the Minister of State for Petroleum Resources, Timipre Sylva, acting as the alternate chairman.
Mr Sylva, in a statement issued by his senior adviser on media and communication, Horatius Egua, on Tuesday said the committee would, among other things, ensure transparent and efficient supply and distribution of petroleum products across the country.
To ensure sanity in the supply and distribution across the value chain, Mr Sylva directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to ensure strict compliance with the government-approved ex-depot and retail prices for petroleum motor spirit (PMS).
He also directed the agency to ensure that NNPC Limited meets the domestic supply obligation of PMS and other…
