ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE   ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL President Bola Ahmed Tinubu has asked the Senate to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).   The requests followed the resignation of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC. Both officials were appointed in 2021 by former President Buhari to lead the two regulatory agencies created by the Petroleum Industry Act (PIA).   To fill these positions, President Tinubu has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.   The two nominees are seasoned professionals in the oil and gas industry.   Eyesan, a graduate of Economics f...
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FOUNDER OF IGI COMPANY REMI OLOWUDE,PASSED AWAY AT THE AGE OF 63.

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The late IGI boss, Remi Olowude           Remi Olowude,who is the Executive Vice Chairman/Chief Executive oddicer,CEO,of Industrial and General Insurance {IGI} Company,died of prostrate cancer at the age of 63 over the weekend.Osun state Governor,Rauf Aregbesola in a statement through the Diector,Burea of Communication and Strategy,Mr Semiu Okanlawon said that ''The death of Olowude was a big blow to the Insurance world,Osun state and Nigeria as a whole.The late insurance guru was an invaluable asset in the Insurance sector.Olowude's death has undoubtedly robbed the nation and insurance sector of another great personality.Here was a man of immense qualities,who had employed to promote everything ideal in his life time.Olowude,unarguably,distinguished himself in the insurance and business sector to the extent that his name became a house hold name across the country.I,on behalf of the government and people of Osun offer our heartfelt condolences,to the immediate and extended families of the deceased as well as the insurance family''.The Lagos state government also issued an official statement,describing his death as a great loss to the insurance industry in particular and the world of entrepreneurship in general.Rest in Peace.

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