Chief Timipre Sylva

Timpire Sylva Drops Baton, Withdraws Presidential Bid

May 16, 2022 12:50 pm

The Minister of State for Petroleum, Chief Timipre Sylva has made a u-turn and withdrawn from the presidential race in the All Progressives Congress (APC).

The petroleum minister had given his reason as having considered the enormous work at the ministry and thus had to let go of his presidential ambitions.

Read Also: Timipre Sylva: Nobody Will Repair Nigeria For Us

An official at the ministry who chose to remain anonymous said Sylva withdrew from the race to support President Muhammadu Buhari in his quest to achieve a robust oil sector.

“He promised to consult the leader of the country

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Timipre Sylva: Nobody Will Repair Nigeria For Us

Outcry As Nigerian Govt Plots To Increase Fuel Price

February 11, 2021 9:07 am

The usual outcry by Nigerians on fuel hike, resurfaced on Tuesday when the Minister of State for Petroleum Resources, Chief Timipre Sylva alerted the public to get ready for another increment.

Sylva, who spoke at the launch of the Nigerian Upstream Cost Optimisation Programme in Abuja on Tuesday said, ‘Since we are optimising everything, NNPC (Nigerian National Petroleum Corporation) needs to also think about the optimisation of product cost because as we all know, oil prices are where they are today: $60.’

‘As desirable as this is, this has serious consequences as well on product prices. So we want

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Buhari Govt Is No Longer Fixing Petrol Price – Sylva

September 3, 2020 4:23 pm

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has reiterated that the Federal Government is no longer fixing the pump price of petroleum products in the country.

Sylva made this known while briefing newsmen today on the increase in the pump price of Premium Motor Spirit (PMS), also known as petrol.

The Petroleum Products Marketing Company (PPMC) had on Wednesday announced a new Ex-depot price of N151.56 for petrol.

Read Also: ₦151.56pl Petrol: Time For Protests Against Buhari Govt – HURIWA

Ex-depot price is the price marketers buy products from depot owners.

An increase or decrease in ex-depot

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Refineries Damaged Beyond Turnaround Maintenance - NNPC

Buhari Approves Establishment Of NNPC Logistics Centre In A’Ibom

August 23, 2020 3:12 pm

Chief Timipre Sylva, the Minister of State for Petroleum Resources, said President Muhammadu Buhari had approved the establishment of Nigeria National Petroleum Corporation (NNPC), oil and gas logistic Centre in Akwa Ibom.

Sylva gave the hints at a Gala night organised by the Akwa Ibom Government in honour of a delegation of Stakeholders in the oil and gas industry retreat in Uyo on Saturday.

He said the FG would partner the State Government to build a base and the base would be the first in Akwa Ibom.

Read Also: NNPC’s Former GMD, Maikanti Baru Dies

He urged the governor to …

Wike Warns Oshiomhole, Sylva Over Odili

February 20, 2020 4:26 am

Rivers State Governor, Nyesom Wike has warned that the All Progressives Congress, APC, National Chairman, Adams Oshiomhole and former Governor of Bayelsa State and Minister of State for Petroleum, Chief Timipre Sylva will be held responsible if anything should happen to former Rivers Governor, Dr. Peter Odili and his family.

Mary Odili, wife of Peter Odili headed the five-man panel of justices that that sacked Bayelsa Governor-elect, David Lyon less than 24 hours to his swearing in.

The Peoples Democratic Party candidate Douye Diri had since been sworn-in as governor of Bayelsa State.

After an emergency State Executive Council meeting …

FG Opts For Gas Alternative To Petrol In 2020

January 31, 2020 10:51 am

Among other things, the Federal Government is working towards the production of Compressed Natural Gas (CNG) as an alternative fuel to the Premium Motor Spirit (PMS) petrol this year.

The Minister of State for Petroleum Resources, Chief Timipre Sylva that revealed this in an interview with the Nigeria Television Authority (NTA), said that although the Petroleum Industry Bill (PIB) had made several trips to the National Assembly without translating into law, this year shall be its last trip to the federal lawmakers.

He based his hope in the passage of the bill on the renewed relationship between the legislature and …