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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SAHEL STATES IMPOSE IMPORT LEVY TP FUND THEUR UNION. (PHOTO).

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 Sahel States Impose Import Levy to Fund Their Union


Burkina Faso, Mali, and Niger, members of the newly formed Alliance of Sahel States (AES), have introduced a 0.5% levy on imported goods to finance their burgeoning union.


This levy, effective immediately, applies to all non-humanitarian goods imported from outside the three nations and aims to support the bloc's activities, Sputnik reported.


The AES, initially a security pact established in 2023 by the military rulers of these three countries, has evolved into the Federation of Sahel States, an aspiring economic and military union with plans for biometric passports and closer integration.


This move effectively ends free trade with the wider West African region, represented by the Economic Community of West African States (ECOWAS). The three nations withdrew from ECOWAS last year, citing the bloc's perceived failure to assist in their fight against Islamist insurgency and criticizing previously imposed sanctions.

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