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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N855M TRACED TO DEFENDANTS ACCOUNT,IN THE ONGOING TRIAL OF ABDULSALAM IBRAHIM,EXECUTIVE DIRECTOR OF NAMA.

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                                                                    A witness in the ongoing trial of Abdulsalam Management Agency {NAMA},has informed the Federal High Court Lagos how the sixth defendant Bola Akinribido and the second defendant Segun Agbolade connived and diverted the sum of N855,000,000.95 {Eight Hundred and Fifty Five Million,Ninety Five Kobo} propert of NAMA.At the last adjourned date,the witness Babatunde Adelekan had disclosed that between August 2013 and September 2015,there was an inflow of N837,221,137 {Eight Hundred and Thirty Seven Million,Two Hundred and Twenty One Thousand,One Hundred and Thirty Seven Naira Only} from the account of NAMA to the account of Delosa Limited,a company owned by the seventh accused person,Abiodun Sesebor and subsequently to the accounts of the second,third,eigth defendants and the relatives of the sixth defendant.The beneficiaries of this fraudulent disbursement were Randville investment Limited and Multeng Travels and Tours Limited,Bamilade Sesebor,Osagie Sesebor and Osaretin Sesebor.More photos below.                  B

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