New PTDF Boss Pledges To Continue Reform Process


Mr Olufemi Ajayi, the Executive Secretary of the Petroleum Technology Development Fund (PTDF), has promised to continue with the reform processes initiated by his predecessor.

This is contained in a statement issued by the Media and External Relation Manager, PTDF, Mr Kalu Otisi in Abuja on Monday.

The statement quoted Ajayi as making the promise when he was taking over from the former Executive Secretary, Dr Oluwole Oluleye at the PTDF headquarters in Abuja.

“The achievements of my predecessor are laudable and will add more value to the transformation agenda of President Goodluck Jonathan, through the projects and programmes of the fund.’’

The new PTDF boss told the staff of PTDF that his coming would not lead to any policy that would affect them negatively.

He however charged them to exhibit greater commitment to the service delivery of the Fund.

“There is no cause for anybody who is committed to the mandate of the agency to be worried.

“We are brothers and sisters and I believe that we are all committed to the transformation agenda of Mr President and the overall development of our country.

“I will rely on you all to give me the necessary support to move the agency forward,” he said.

On the challenges of funding, Ajayi said his administration would engage more advocacy at the political level to ensure that funds due to the agency were released early.

“This is in view of the critical nature of the programmes and projects and their impact on the Nigerian oil and gas industry,” he said.

Earlier, Oluleye said most of the challenges confronting the fund were gradually being addressed.

He attributed this to the support of the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke.