Nigeria, March 13 -- President Bola Ahmed Tinubu has established a Presidential Petroleum Reform and Value Optimisation Taskforce to design and coordinate the next phase of structural reforms in Nigeria's petroleum sector.

The President appointed Fola Adeola, co-founder of Guaranty Trust Bank and founder of Fate Foundation, as chairman of the taskforce.

A statement issued on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed that the taskforce would operate as a time-bound, high-level executive working group tasked with producing execution-ready reform blueprints for the petroleum sector.

Other members of the taskforce include Ademola Adeyemi-Bero, Osagie Okunbor, Abubakar Suleiman, Adae...