The appointments follow agitations by the Nigerian Labour Congress for the reconstitution of the PPPRA board.
The minister maintained that marketers are advised to sell at the current pump price, without taking advantage of the situation.
Some filling stations have been pumping at between N162 to N220 per litre; while others have shut down to hoard available products until they have a clearer view of the policy.
The new hikes come barely a day after President Muhammadu Buhari promised to return fuel price to below N100 per litre for Nigerians.
The bill will change NNPC’s legal structure, but the new company will still be wholly controlled by the government.
