The Minister of State for Petroleum

Timpire Sylva Drops Baton, Withdraws Presidential Bid

Timpire Sylva Drops Baton, Withdraws Presidential Bid

The Minister of State for Petroleum, Chief Timipre Sylva has made a u-turn and withdrawn from the presidential race in the All Progressives Congress (APC).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

β€œHe promised to consult the leader of the country

Relevance of oil will reduce by 2040 – Sylva

Relevance Of Oil Will Reduce By 2040 – Sylva

The Minister of State for Petroleum, Timipre Sylva, on Monday, in Abuja declared that the days of crude oil as a driver of global economy, are numbered.

He made the statement while briefing the leadership of the National Assembly on the need for speedy passage of the Petroleum Industry Bill ( PIB), forwarded to both the Senate and the House of Representatives, two weeks ago by President Muhammadu Buhari.

Sylva said having wasted 20 years in putting in place required laws for regulation of the oil industry, the country needed to quickly pass the PIB to make the best of …