Petroleum Product Pricing Regulatory Agency Explained

The Petroleum Products Pricing Regulatory Agency (PPPRA) is an agency of the government of Nigeria established in 2003 to, among other responsibilities, monitor and regulate the supply and distribution, and determine the prices of petroleum products in Nigeria. Its headquarters is located in Abuja, Nigeria.

The current Chairman of the Agency is Atuonwo A. Obinna (2021 - date), and the Executive Secretary is Abdulkadir Saidu Umar (2018 - date).[1] Previous Chief Executives are Dr. Oluwole Oluleye (2003 - 2009), Mr. Abiodun Ibikunle (2009 - 2011), Engr. Goody Chike Egbuji (2011 - 2011), Dr. Reginald Stanley (2011 - 2014), Mr. Farouk Ahmed (2014 - 2016) and Mrs. Sotonye E. Iyoyo (2016 - 2018)

The PPPRA has a 26-member Board which inter alia includes the Central Bank of Nigeria (CBN), Federal Ministry of Finance (FMF), Nigeria Employers Consultative Association (NECA), Nigeria Labour Congress (NLC), Trade Union Congress (TUC), Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), National Union of Petroleum and National Gas Workers (NUPENG), National Association of Road Transport Owners (NARTO), National Union of Road Transport Workers (NURTW), Nigerian Guild of Editors, National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), MOMAN, DAPPMA, Independent Petroleum Marketers Association of Nigeria (IPMAN), amongst others.[2]

External links

Notes and References

  1. Web site: 2021-06-25 . Buhari appoints PPPRA chairman, executive secretary . 2022-06-02 . en-GB.
  2. Web site: SUBSIDY FACTS . 2022-06-02 . oandoplc.com.