President Goodluck Ebele Jonathan has approved the appointment of Mr. Farouk A. Ahmed as Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA) with immediate effect.
Mr. Ahmed will take over from the incumbent Executive Secretary, Mr. Reginald C. Stanley who is retiring after 35 years in 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 thanks the outgoing Executive Secretary of the PPPRA, Mr. Stanley for his meritorious service to the nation and wishes him well in his future endeavours.