ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL. (PHOTO). #PRESS RELEASE.

Image
 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...

NIGER DELTA STATES SECURE $200M WORLD BANK LOANS TO CREATE JOBS.(PHOTO).


Niger Delta states secure $200m World Bank loans to create jobs

26 December 2022 

Four Niger Delta states have accessed $200 million loans and another $78.4 million grant from the European Union to create jobs.

Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, said his ministry facilitated the loans.

The funds were released to Bayelsa, Delta, Edo and Rivers states under the State Employment and Expenditure for Results (SEEFOR) Project.

Agba said: “The Project involved a concessionary interest-free loan of US$200 million from the World Bank with a grant element of about US$78.4 million from the European Union. It was aimed at enhancing opportunities for employment and access to socio-economic services, while improving public expenditure management systems in the participating States.

“The State Employment and Expenditure for Results (SEEFOR) Project (2014-2020) actually began before the inception of our administration but ended two years after I was appointed Minister of State for Budget and National Planning.

“SEEFOR was a World Bank-funded Project in partnership with the European Union (EU), designed for four (4) Niger Delta States of Bayelsa, Delta, Edo and Rivers,” he added.

On the National Development Plan (NDP), Prince Agba said the Federal Government was considering “Legislative imperatives of the NDP 2021-2025 to ensure continuity of the plan and remove the binding constraints militating against the private sector participation”.

The proposed new laws he said “contains 18 laws and 10 policies and a committee is currently working with a legal firm on this.” (The Nation)


 

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.