President Goodluck Jonathan has confirmed the appointment of Mr Farouk Ahmed as the new Chief Executive Officer of the Petroleum Products Price Regulatory Agency (PPPRA).
Mr Ahmed is to take over from Mr Reginald Stanley who is retiring after 35 years of service.
The incoming Executive Secretary, who hails from Sokoto State, is the current Managing Director of Nidas Marine Ltd., a subsidiary of the NNPC.
He comes to his new job at the PPPRA with over 28 years’ experience in the oil and gas industry and a sound commercial and trading background having held senior positions in the downstream sector of the oil and gas industry including Manager, Crude Oil Programming, Nominations, and Shipping and Terminals.
Mr. Ahmed has also served as Executive Director (Commercial), Pipelines and Products Marketing Company Limited (PPMC). President Jonathan thanked Mr. Stanley for his meritorious service to the nation and wishes him well in his future endeavours.
This was contained in a tweet by the Special Adviser on Media and Publicity to the President, Reuben Abati, who tweets @abati1990.
