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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ICP CO-OPERATIVE DECLARES N46M PROFIT.(PHOTOS).#PRESS RELEASE.

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ICPC Co-operative declares N46M Profit

The ICPC Staff Multi-Purpose Co-operative Society has declared over N46M profit for appropriation in the Co-operative account. 

The announcement was made during the 12th Annual General Meeting (AGM) of the Co-operative Society which was held at the ICPC headquarters recently by the Audit Committee. 
  
Speaking during the event, the ICPC Chairman, Prof. Bolaji Owasanoye, who was represented by the Director of Administration and Human Resource Department, Dr. Bala Mohammed, commended the society for their achievements so far and added that he believed more goals and objectives will be met in due course. 

Delivering his presentation at the meeting, the President of the Co-operative Society, Barrister Joshua Wakili listed the achievements of the current executive council to include the creation of some committees to harness the felt needs of cooperators viz Investment, Welfare, Education and Economic committees, a permanent office for the Co-operative, the deployment of the Sure Thrift platform, organizing a ground-breaking ceremony for the Housing Estate in Kagini as well as the establishment of mini mart with a new POS system. 

He further added that the main focus, going forward, will be revamping the fuel dump to reduce hardship on staff and a 50% increase in the salaries of the secretariat staff to reflect the minimum wage. 

Presenting the financial report at the occasion, the Auditor, Mr. Daramola Olamide, reported the sum of N46,387,533.86 for appropriation, and that N20,874,490.24 being 45% of appropriation surplus for the year under review, was recommended for payment as dividend. 

The invited guests from NDIC and EFCC Co-operative societies commended ICPC’s Society for their achievements so far.
One more photo below. 

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