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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DELEGATION OF THE NATIONAL ASSEMBLY COMMITTE ON PIB: GOV. UZODIMMA CALLS FOR PROFITABLE CONSTRUCTIVE PARTNERSHIP WITH OIL COMPANIES.{PHOTOS}.#PRESS RELEASE.

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Constructive partnership between he Government and oil companies, the creation of value chains are critical to the value chains of the oil sector in Nigeria.
This is according to the Imo State Governor, Senator Hope Uzodimma as he received Delegation of National Assembly committee members on Petroleum Industry Bill PIB.
In his address, the Governor, Senator Hope Uzodimma expressed worries over the dichotomies, double standards and frauds existent only in the Nigerian oil industry which he stated should acts as catalysts for the National Assembly to look into the operations and management of the Oil and Gas Industry in Nigeria.
Governor Uzodimma further disclosed the need of the Petroleum Industry Bill which includes making laws for Oil Companies to refine at least 20% of the oil for local use or sign refinery agreements with local refinery owners which will make the oil for local use cheaper and also create more employment for our own.
“We must be able to have a constructive partnership where local oil companies can take over National Oil companies” Uzodimma stated.
He also suggested the amendment of the Petroleum Industry Bill (PIB) in the area of reducing cash transactions by Oil Companies to include Social facilities to develop host companies in their budget and proposals.
“Host communities should have good roads and even Fuel for their cars and local use.” Uzodimma stated.
The National Assembly delegation led by the Chairman Senator Albert Bassey Akpan representing Akwa-Ibom North East Senatorial District.
Senator Akpan who is the Chairman of the Senate Committee on Petroluem Upstream revealed that the purpose of the visit is to integrate the interest of host communities in the draft of the Petroluem Industry Bill which he described as paramount.
According to Senator Akpan, the legislation will not be complete without the inputs of host communities, their peculiarities and interests.
Going further, the Senator said,
" We want to have laws that are clear and apt, and to make sure that there is peace and harmony so as to create an enabling environment for business to thrive"

Members of the visiting delegation includes, Senator Patrick Ifeanyi Ubah, Vice Chairman Petroluem Upstream, and Senator Barry Mpigi representing Rivers South East Senatorial District.More photos below.

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