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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CBN GOVERNOR WAS SUMMONED TODAY BY THE SENATE,AS NAIRA IS BEING EXCHANGED FOR N305 TO $1,TODAY.

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               Today thursday,the Nigerian Senate summoned the Central Bank of Nigeria {CBN} Gover,Mr Godwin Emefiele over the continuous depreciation of naira.The upper chamber said that Emefiele should appear before it by 11:00 am,on teuesday January 19,2016 to explain the continuous weakening of the Naira against the Dollar.The invitation followed a Point of Order raised by the Senate Leader,Senator Mohammed Ali Ndume,over the matter.Senate President,Abubakar Bukola Saraki,asked Senator Ndume to convey Senate's resolution inviting him to the CBN governor.Ndume said it was expedient for the Senate to invite the CBnN governor to brief it on the free fall of the naira.''As of toda,naira is exchanged for N305 to one dollar.In view of this worrisome situation an the fact that we all know that this country depends so much on imported materials and even food,there is a need for this Senate to as a matter of urgency call,invite or summon the governor of CBN to explain this situation and to provide the necessary solution to this situation.One more photo below.                       

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