Tag: Timipre Sylvia
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Effective regulations key to harnessing gains of PIA — Sylva
The Minister of State, Petroleum Resources, Chief Timipre Sylva, has underscored the need for effective regulations in harnessing the gains of the Petroleum Industry Act (PIA) for global relevance. Sylva said for Nigeria to continue to be relevant at the global stage it must design regulations that could balance the energy base load for Nigeria.
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FG explains deregulation of oil downstream sector
The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream oil sector was to ensure economic growth and development of the country. Sylva made this known in a statement in Abuja, on Thursday. He said it was unrealistic to continue to subsidise the Premium Motor Spirit (PMS) also known…