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...

COURT ORDERS FORFEITURE OF YAKUBU'S $9.8M TO FEDERAL GOVERNMENT TODAY.{PHOTOS}.

No automatic alt text available.                  A Federal High Court sitting in Kano presided over by Justice Zainab B. Abubakar today ordered the forfeiture of the sum of $9,772,00 {Nine Million,Seven Hundred and Seventy Two Thousand United States Dollars} and 74,000 pounds sterling recovered from a former Group Managing Director of the Nigerian National Petroleum Corporation,NNPC,Mr Andrew Yakubu to the Federal Government.The order was sequel to an ex parte application by the EFCC seeking an interim forfeiture of the recovered money to the Federal Government.The ex parte application was moved by Salihu Sani,counsel for the applicant.
In her ruling,Justice Zainab held ''That the sum of $9,772,000 {Nine Million,Seven Hundred and Seventy Two Thousand United States Dollars} and 74,000 Pounds sterling which are now in the custody of the applicant {EFCC} are in the interim forfeited to the Federal Government of Nigeria''.
It would be recalled that,on the 3rd day of February,2017,operatives of the Commission had stormed a building belonging to the former NNPC boss and recovered a staggering sum of $9,772,000 {Nine Million,Seven Hundred and Seventy Two Thousand United States Dollars} and 74,000 Pounds Sterling stashed in a huge fire proof safe.On February 8,2017,Yakubu reported to the Commission's Kano Zonal Office where he admitted being the owner of both the house and the money recovered.Yakubu is still in custody assisting the investigation.More photos below.

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