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...

WE PASSED THE REPORT OF THE NIGERIAN FINANCIAL INTELLIGENCE UNIT TODAY-SARAKI.{PHOTO}.

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     Senate President Bukola Saraki wrote on social media few hours ago that ''Today, in-line with our commitment to support the fight against corruption through legislation, we passed the Report of the Nigerian Financial Intelligence Unit (NFIU).
Many of you will remember that late last year, the Senate raised the alarm over Nigeria’s suspension from the EGMONT Group -- based on the lack of independence of the NFIU as currently established.
This is why, both chambers of parliament swung into action to ensure that our current suspension, does not turn into an eventual expulsion.

Hence, today’s passage of the Conference Committee Report of the Bill is aimed at ensuring that we comply with international best practices, so that we will be able to access the financial intelligence data of the EGMONT Group.Moving forward, it is my hope that the Executive quickly assents to this Bill. Additionally, it is important that beyond the establishment of the law, Nigeria’s Financial Intelligence Unit will truly be independent''.
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