Worries over oil sector as Buhari returns as minister | The Guardian Nigeria News - Nigeria and World News

• Aregbesola, Akpabio, Keyamo get Interior, N’Delta MinistriesPresident Muhammadu Buhari yesterday disclosed he would retain his position as Minister of Petroleum Resources, working alongside former Bayelsa State Governor Timipre Sylva who will serve as the Minister of State.

“This reduces the ability of the latter to embark on independent policies and actions. If stakeholders start doubting the power of the minister of state, it will undermine his authority and effectiveness in midwifing reforms. The president must also appoint a director for DPR. Petroleum products also need to be available to avoid the challenges we had in the past.”

On his part, the Director-General of the Lagos Chamber of Commerce and Industry , Muda Yusuf, said: “The delay in the signing of the PIB into law is not helping matters. We suggest that the government intensifies efforts at attracting private investments in refineries, coupled with ensuring that the ongoing Turn Around Maintenance and repair of the four refineries intended to put them back on stream to operate at their installed capacity is expeditiously completed.

Intermodal transportation is the global practice where all transportation infrastructure is integrated with one policy and managed under one ministry. “Mr. President has severally demonstrated a lack of required capacity to lead a nation as complex as Nigeria especially at this trying times. At a ceremony where Nigerians had expected the forceful articulation of a progressive policy thrust, Mr. President bored the nation with an empty and directionless script that only evoked more despondency in our nation,” the party said.

The party said it felt the pains and anguish of Nigerians, who by now would have been enjoying the benefits of the much-desired economic recovery blueprint articulated by its candidate, Atiku Abubakar. He accused Buhari of favouring people from his ethnic background with juicy ministries, even as he alleged that some ministers who performed poorly were returned to the same ministries.

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