Tinubu establishes presidential taskforce to design new reforms in petroleum sector

President Bola Ahmed Tinubu has approved the constitution of a Presidential Petroleum Reform and Value Optimisation Taskforce to coordinate the adjacent signifier of structural reforms successful Nigeria’s petroleum sector.

The announcement was made successful a connection signed by Bayo Onanuga, Special Adviser to the President connected Information and Strategy, connected March 13, 2026.

According to the statement, the Taskforce volition beryllium chaired by Fola Adeola, who volition coordinate its activities and guarantee the timely execution of its mandate.

Other members of the Taskforce see Ademola Adeyemi-Bero, Osagie Okunbor, Abubakar Suleiman, Adaeze Aguele, Farouk Gumel, Phillipa Osakwe-Okoye and Seyi Bella, portion Mofoluwasho Fadayomi volition service arsenic secretary.

As constituted, the Taskforce is simply a time-bound, high-level enforcement moving radical tasked with producing execution-ready betterment blueprints that volition consolidate ongoing reforms, unlock superior wrong the petroleum sector, and fortify Nigeria’s presumption arsenic a starring planetary vigor concern destination.

The inaugural reflects the ...