By Michael Eboh

ABUJA— The Federal Government, yesterday, allayed fears over sack of workers of Department of Petroleum Resources, DPR, and  Petroleum Products Pricing Regulatory, PPPRA, stating that workers of both agencies will be assimilated into the new petroleum industry regulator to be set up by Petroleum Industry Governance Bill, PIGB.

Ibe Kachikwu

Speaking at a roundtable on understanding the PIGB, organised by Nigeria Natural Resource Charter, NNRC, and Media Initiative on Transparency in Extractive Industry, MITEI, Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, insisted that DPR and PPPRA will be scrapped and merged into Petroleum Regulatory Commission, PRC, as stipulated by the bill.

Kachikwu, who was represented by his Senior Technical Adviser on Policy and Regulation, Mr. Adegbite Adeniji, also stated that it would not be business as usual as key performance indicators, KPI, will be set for the board, management and other employees, adding that any official found wanting in the discharge of his or her duties will be sanctioned and shown the exit.