Buhari chairs 14-man committee to enforce official price amidst worsening fuel scarcity

President Muhammadu Buhari on Tuesday approved the constitution of a 14-man steering committee to enforce petroleum products supply and compliance with official prices.

This is in response to outrage by consumers of petroleum over the worsening scarcity of the commodity amidst price hikes that have primarily become unregulated.

In a statement yesterday, Buhari who has been the minister of petroleum since 2015 when he unveiled his cabinet will personally chair the steering committee while the Minister of State for Petroleum Resources, Chief Timipre Sylva is the alternate chairman.

Other members of the committee are the minister of finance, budget and national planning; permanent secretary, ministry of petroleum resources; national economic adviser to the president; director-general, Department of State Services (DSS); comptroller-general, Nigeria Custom Service (NCS); the chairman, Economic and Financial Crimes Commission (EFCC) and the commandant-general, Nigerian Security and Civil Defence Corps (NSCDC).

The rest of the members are the authority Chief Executive, NMDPRA; governor of the Central Bank of Nigeria (CBN); the group chief executive officer, NNPC Limited; special advisor (special duties) to the minister of state petroleum while the minister of state’s technical advisor (midstream) is the secretary.