Tag: Timipre Sylva

President Buhari appoints Timipre Sylva as Head Of Committee on Petroleum Industry Act

President Muhammadu Buhari on Wednesday, approved implementation committee headed by the Minister of state on petroleum, Chief Timipre Sylva, to immediately commence implementation of the Petroleum Industry Act in 12 months. President Buhari gave the approval while speaking on the PIB, which he signed into law on Monday during a[Read More…]

No date has been set for subsidy removal – Minister says

The Minister of State for Petroleum, Timipre Sylva, has said that there is currently no set date for petrol subsidy removal. Mr Sylva said this on Thursday, adding that the government is being considerate of citizens. “I cannot give you a date for now. But the Vice President is actually[Read More…]

Just In: Petrol stays at N162 to165 – Minister assures

The Ministry of Petroleum Resources has confirmed that there would be no increase in the price of Premium Motor Spirit (PMS) popularly referred to as petrol. The Ministry on Friday published this in a statement issued and signed by the Minister of State for Petroleum, Timipre Sylva as a reaction[Read More…]

‘Dino Melaye is no expert on refineries’ – Timipre Sylva

The Minister of State for Petroleum Resources, Timipre Sylva, has faulted Senator Dino Melaye’s analysis of the proposed rehabilitation of the Port Harcourt refinery. According to him, Melaye is no expert on refinery and should, therefore, not impress his views on an area he is not conversant with. The Minister[Read More…]

There is nothing ’embarrassing’ in Nigeria importing fuel from Niger – Minister

Minister of State for Petroleum Resources, Timipre Sylva, says Nigerians should be proud that the Federal Government is set to resume the importation of petroleum products from neighbouring Niger Republic. Sylva said contrary to comments by critics of the government, the plan by the Federal Government to resume fuel importation[Read More…]

Pfizer’s announcement of COVID-19 vaccine caused increase in fuel price – Minister

Mr Timipre Sylva, the Minister of State for Petroleum Resources, says the recent increase in the price of petrol, is as a result of the announcement by an American pharmaceutical company, Pfizer, on its recent breakthrough in the fight against the coronavirus (COVID-19) pandemic. He told State House correspondents on[Read More…]

NNPC to be commercialized in new PIB draft – Minister

Minister of State for Petroleum, Timipre Sylva has demised reports that the new draft Petroleum Industry Bill (PIB) sent to National Assembly has recommended scraping of the NNPC. The minister allayed the fears while fielding questions from journalists at the National Assembly after an interactive session with the leadership of[Read More…]

Nigeria Joins OPEC+ To Cut Crude Oil Supply By 10 Million Barrels Per Day

The Minister of State for Petroleum Resources, Chief Timipre Sylva, said Nigeria joined the OPEC+ to cut crude oil supply by 10 million Barrel Per Day. Sylva disclosed this at the ongoing 9th Organisation of Petroleum Exporting Countries (OPEC) and Non OPEC ministerial webinar meeting. “Nigeria joined OPEC+ to cut[Read More…]

Timipre Sylva denies organising protest at Justice Mary Odili’s home

PRESS STATEMENT SYLVA: COUNT ME OUT OF PROTESTS AT THE ODILIS I returned yesterday, February 19th, 2020, from an official engagement abroad to read Governor Nyesom Wike’s statement: to the effect that Comrade Adams Oshiomhole and I are responsible for protests in front of Governor Peter and Justice Mary Odili’s[Read More…]

One billion barrels of crude oil discovered in the north-east – Federal Govt

Nigeria’s Minister of state for petroleum resources, Timipre Sylva, says about one billion barrels of crude oil have been discovered in the north-east. NAN quoted Sylva as saying this on Wednesday at a press conference to mark the end of the 2020 Nigeria International Petroleum Summit in Abuja. The minister[Read More…]