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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NASS TO REVIEW NEITI ACT.(PHOTO).

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NASS To Review NEITI Act

National Assembly has pledged to review the Act that established the Nigeria Extractive Industries Transparency Initiative, NEITI, to ensure the optimum performance of the regulatory body in enhancing transparency and accountability in the nation’s extractive industries.

The Joint Committees on Petroleum Resources stated this when they received in Abuja the Global Leadership of Extractive Industries Transparency Initiative, IETI.

The delegation interacted with Federal Lawmakers on how transparency and accountability in the extractive industries could be improved for the general wellbeing of the citizens in line with global best practices.

The Joint Committee on Petroleum Resources, chaired by the Senate Committee on Petroleum Upstream, Senator Eteng Williams, maintained that the parliament will proffer adequate legislative instruments to make sure that Nigerians benefit from the nation’s natural resources in line with the Tenth Assembly’s mandate.

The Chairman of the House Committee on Petroleum Downstream, Mr. Ikenga Ogochinyere, explained that, as a legislative arm, they would strengthen the legal framework that will empower the Nigeria Extractive Industries Transparency Initiative (NEITI) to perform efficiently.

The Executive Secretary of NEITI, Dr. Orji Ogbonanya Orji, emphasized that an action plan has been provided by the body to aid the legislative oversight functions of the Parliament in tracking and monitoring the activities of extractive industries.

The leader of the delegation, Mr. Bady Balde, said their mission in Nigeria was to encourage the government on how the natural resources could be effectively utilized.



 

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