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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BAYELSA COURT ORDER: NOT OUR HABIT TO DISOBEY COURT ORDERS- EFCC. (PHOTO).

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 Bayelsa Court Order: Not Our Habit to Disobey Court Orders - EFCC

 

The attention of the Economic and Financial Crimes Commission has been drawn to a trending report in the media that Ola Olukoyede, the Commission’s Executive Chairman risks committal to prison for alleged violation of the orders of Justice  Isa H. A. Dashen  of  a Federal High Court sitting in Yenagoa, Bayelsa State.


The said order restrains the EFCC from seizing properties belonging to Bliss Multinational Perfections Limited and Bribena, which are alleged proceeds of investment fraud otherwise known as Ponzi scheme.


It is important to point out that the September 4, 2024 judgment by Justice Dashen came to the Commission by surprise as the EFCC was not put on notice of the judgment date.


Denying the EFCC hearing notice was tantamount to blind-siding the Commission, and by extension a denial of fair hearing in the instant case. The Commission is therefore taking steps to appeal the judgment, which is still within the time allowed. An earlier decision by the court in a similar case involving the same defendants is currently on appeal at the appellate court in Port Harcourt.


The Commission wishes to once again reaffirm its commitment to rule of law and will not wilfully violate any court order.

Bliss Multinational Perfection and Arch Oyinmiebi Bribena, the Chief Executive Officer of Baraza Multipurpose Cooperative Society Limited, were investigated and indicted for investment fraud in which 123 petitioners lost over N2billion to the suspects who promised them 25 percent return on investment but neither got the promised return nor recover the funds invested.


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