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...

EFCC TO US SENATOR: WE SPEARHEAD TRANSPARENT MANAGEMENT OF LOOTED FUNDS.{PHOTO}.#PRESS RELEASE.

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…Sen Grassley’s Allegation over $300m Abacha Loot against Magu Baseless
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The Economic and Financial Crimes Commission, EFCC has raised the alarm over the recent allegation against the Acting Chairman of the EFCC, Ibrahim Magu by the United States, US Senate's Chairman, Committee on Finance, Charles E. Grassley on looted funds.
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The Commission reiterated that it is at the forefront of the transparent management of recovered funds and would not be dragged into any controversy over an allegation that has no fact or any iota of proof.
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The 86-year-old US Republican Senator had in a letter dated April 1, 2020, and addressed to the Chief Money Laundering and Asset Recovery Section of the US Department of Justice, Deborah Connor, wrongly and maliciously accused Magu of "detaining individuals who have spoken against the Buhari government".The allegation clearly has no bearing with the operations of the EFCC nor address the painstaking efforts of Magu in tackling the menace of corruption, without fear or favour. .

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The EFCC is involved in the processes of repatriation of the looted $300million by the former Head of State, the late Gen Sani Abacha and quite aware of the tripartite agreement involving Nigeria, the United States and Island of Jersey.
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As an anti-graft agency, the Commission has credible records of managing recovered funds and assets and it is rather unfortunate that the ranking US Senator, in a desperate bid to frustrate the repatriation of the funds, clearly embraced the well-worn antics of some unscrupulous elements in the country, who never succeeded in blackmailing the anti-corruption crusade of President Muhammadu Buhari.
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