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...

HERITAGE BANK TO SACK MORE OF THEIR STAFFS VERY SOON.

Image result for heritage bank                        According to News Agency of Nigeria {NAN} though Heritage Bank has embarked on mass retrenchment of it workers with 400 staff sacked in December,recent reports said that the Bank have penciled down some more workers for sack.The bank acquired Enterprise Bank with about N56 billion {$281 million} in October 2014.A top management staff in the bank told NAN that the sack cuts across the top,middle and low cadres.He said the mass sack was creating apprehension and fears among the remaining staff.The management staff said the remaining workers,especially those from the former Enterprise Bank,feared they could be disengaged anytime.He said workers from the former Enterprise Bank were the most affected in the ongoing restructuring exercise designed to improve the bank's profitability.The bank's Head of Corporate Communications,Mr Fela Ibidapo told NAN that the figures were not correct.Ibidapo noted that the development was not limited to the bank,saying it cut across the industry.
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