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FG to scrap NNPC, DPR, PPPRA, others; to sell unprofitable refineries

The Federal Government’s draft National Oil Policy has proposed to consolidate Nigeria’s oil industry regulatory authorities into a single agency to be known as Petroleum Regulatory Commission, PRC, while scrapping all other regulators, including the Nigerian National Petroleum Corporation, NNPC, Department of Petroleum Resources, DPR, and Petroleum Products Pricing Regulatory Agency, PPPRA, among others.

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Governor Elect Godwin Obaseki and Governor Adams Oshiomhole,  during the official handing over to Obaseki Friday night at Government House.

Tears as Oshiomhole leaves

Governor Adams Oshiomhole of Edo State is leaving office today, Saturday November 12, 2016, but his legacies will remain for many years to come. Upon arriving the state as governor in 2007, the former President of the Nigeria Labour Congress (NLC), embarked on massive developmental projects across the state. There is no doubt that the former labour leader is quite satisfied with his achievements but the spirit of his late wife, Clara and that of his Principal Private Secretary, Olaitan Oyerinde resurrected last Wednesday during his valedictory Exco meeting.

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