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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GIABA ESTABLISHES SANCTION TO PREVENT SPREAD OF CRIMINALS.(PHOTO).

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GIABA Establishes sanction to prevent spread of criminals


Intergovernmental Action Group Against Money Laundering in West Africa (GIABA) says it will establish a sanctions regime to prevent the spread of criminal activity and limit the free movement of terrorists in the region


The Director General of GIABA Mr Edwin Harris-Jr stated this known in Abuja at the 27th GIABA Ministerial Committee Meeting. 


He expressed concern over the low level of effectiveness in the Fight against Transnational Crimes in West Africa, saying that to address the issue, Anti Money Laundering and Counter-Terrorism Financing effort AML/CFT would be strengthened to hold criminals accountable.


The Attorney General and Minister of Justice Chief Lateef Fagbemi who is also the Chair of the GIABA ministerial committee disclosed that steps were being taken to meet the global standards in protecting the integrity of Nigeria’s financial system and national security. 


He said at the ministerial level consistent commitment to supporting key supervisory and law enforcement authorities was being made. 

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