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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TECH ENTREPRENEUR LUCY GUO HAS BECOME THE WORLD’S YOUNGEST SELF-MADE WOMAN BILLIONAIRE AT THE AGE OF 30, OVERTAKING POP SUPERSTAR TAYLOR SWIFT, WHO IS 35.(PHOTO).

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 Tech entrepreneur Lucy Guo has become the world’s youngest self-made woman billionaire at the age of 30, overtaking pop superstar Taylor Swift, who is 35.

 This major achievement comes as her former company, Scale AI, is set for a big financial deal. According to Forbes, Scale AI’s new valuation has jumped to $25 billion—an 80% increase from last year. The upcoming tender offer on June 1 will allow early investors and employees to sell their shares, giving Guo a huge boost in net worth.


Lucy Guo co-founded Scale AI in 2016. The company helps train artificial intelligence systems by organizing data for companies like OpenAI and even the U.S. government. Guo, a first-generation Chinese-American from the Bay Area, learned to code in middle school and later joined the Thiel Fellowship—a program that gives young people $100,000 to start businesses instead of going to college. She dropped out of Carnegie Mellon University to follow this path.


Before starting Scale, Guo worked at tech companies like Quora and Snapchat. After leaving Scale, she started a venture capital firm called Backend Capital and invested in successful startups like Ramp. In 2022, she launched Passes, a platform similar to OnlyFans that helps creators earn money through subscriptions and live chats. Passes has raised $50 million and is now valued at $150 million, with celebrities like Shaquille O’Neal and Olivia Dunne using the platform.


Lucy Guo’s journey from a self-taught coder to a billionaire businesswoman shows how tech continues to shape the future of wealth. While Taylor Swift became a billionaire through her music and business deals in 2023, Guo’s rise comes from building companies and investing in the startup world. Her success story is a modern example of the American dream, proving that with skills, risk-taking, and vision, anything is possible.

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