South Sudan establishes Nile Petroleum Corporation Board
By James Gatdet Dak
November 13, 2008 (JUBA) – The semi-autonomous Government of Southern Sudan (GoSS) has formed a Juba-based Board of Directors for the Nile Petroleum Corporation (Nile-pet).
Nile-pet is a newly established oil company owned by the Government of Southern Sudan.
The appointment of the Board of Directors was decreed on Wednesday by the First Vice President of Sudan and GoSS President, General Salva Kiir Mayardit, with effect from November 4, 2008.
“This decree dissolves any existing Board of Directors and nullifies any previous appointments made in relation to the management of the Nile Petroleum Corporation,” the Decree reads.
The Board is mandated to properly manage the oil sector body “so that it can achieve maximum economic benefits for the people of Southern Sudan in the oil Sector.”
The Decree appoints the Minister of Energy and Mining, John Luk Jok, as the Chairman of the Board of Directors, with membership of Kuol Athian Mawien, Minister of Finance and Economic Planning, Anthony Lino Makana, Minister of Commerce and Industry, Awut Deng Acuil, Minister of Labour, Public Service and Human Resource Development, Elijah Malok Aluong, Governor of the Bank of Southern Sudan, Dr. David Nailo Mayo, Chairman of Southern Sudan Reconstruction and Development Fund, Emmanuel Bol, Secretary General of Southern Sudan Investment Authority, Kuong Daniel Gatluak, Office of GoSS President, and Bol Wek Agoth, Office of GoSS President.
The Decree also states that each of the Oil Producing States in Southern Sudan shall have one representative in the Board. Any other person may also be co-opted by the Board.
Southern Sudan produces most of the Sudan’s oil which pumps half a million barrels per day.
Ninety seven per cent (97%) of its annual budget comes from its 50% share of oil revenue distributed in Khartoum by the Government of National Unity (GoNU) per the provisions of the North-South Comprehensive Peace Agreement (CPA) that ended the 21 years of war in January 2005.
The semi-autonomous region will decide in 2011 referendum vote to either confirm the present unity of Sudan as a country or opt to create an independent nation in its territory.
(ST)
J.James
South Sudan establishes Nile Petroleum Corporation Board
Wow
That is the another sign of corruption because I normally fail to understand the reason why the same names are rotated again and again when any appointment is made.
Does it means that south Sudan don’t have other qualified people to be appointed at all? That don’t make any sense at all.
To reduce unemployment in the country, I think government must learn to how to stop assigning few individuals with tens of jobs while others starve with their families without jobs. Such kind of favorism should end.
I hope that work
God bless
ochan stephen
South Sudan establishes Nile Petroleum Corporation Board
Well, the move of the presidency on the oil protocol is a new era for us the South Sudanese. But what matters to me is that, the series of names that are posted with respect to thier degree of failure at this intrim period weakens me. all the valid post seems not to exist at all, this is coz nothing tangible and beneficial to the people at the grass root as far as public services are missing. How ever, we must not blame each other for what ever the case may be , for we know that some of us are intellectual and can be able to perform the duty tidly and with smooth gross corruption. I know the president is too busy and could’t get time to visit the geometrical compass direction of the current oil and where it pours it’s products to. Why don’t some oil ministers even come over and meet some of these technical people who are said to be producing them the oil and even see what type, quality of oil in south sudan is. I know our bossess know what they don’t know… and don’t know what they don’t know…. and more so know what they know… the formation of board of governors in Nile pet is another employment opportunities that will develop gross loss of money and may collasped at any time.
Some of those figures are lucky becuase they have been to ” School of experience in some parts of tha world” I would suggest that his excellency take some of our graduates for a crash course in such schools and get the jobs as others do.