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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IMO GOVT APPROVES THE INVESTMENT OF $200M FOR THE ESTABLISHMENT OF ORASHI ELECTRICITY COMPANY . (PHOTO). #PRESS RELEASE

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 IMO GOVT APPROVES THE INVESTMENT OF $200M FOR THE ESTABLISHMENT OF ORASHI ELECTRICITY COMPANY 


The Imo State Government, under the leadership of His Excellency, Distinguished Senator Hope Uzodimma, has approved a $200 million investment for the establishment of the Orashi Electricity Company. 


The Governor announced this during the inauguration of members of the Electricity Regulatory Commission and the House of Assembly Service Commission, stated that the investment, secured through private partners, will be entirely funded by these partners, with no financial contribution or borrowing required from the state. 


Expressing his confidence in the power project, the Governor said that Imo State will soon experience 24-hour steady power supply in all the Local Government Areas, with the Orashi Electricity Company Limited fully activated to light up Imo come January 2025. 


He emphasized that the key to the economic boast of a state starts from a steady power supply, highlighting that the project is expected to create numerous job opportunities, stimulate local businesses, and improve the overall quality of life for residents. 

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