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    MarketForces Africa » MarketForces News » Nigeria to Host African Petroleum Regulators

    Nigeria to Host African Petroleum Regulators

    ...Komolafe Elected Chair
    Julius AlagbeBy Julius AlagbeDecember 3, 2025Updated:December 3, 2025 News No Comments1 Min Read
    Nigeria to Host African Petroleum Regulators
    Engineer Gbenga Komolafe, NUPRC Chief
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    Nigeria to Host African Petroleum Regulators

    The African Petroleum Regulators Forum (AFRIPERF) has unanimously adopted Nigeria as its official headquarters and also elected the Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, as chairman of the Forum.

    Before the endorsement, Engineer Komolafe was the interim chairman of AFRIPERF. The decision was announced at the inaugural executive committee meeting of the Forum, which took place virtually on December 2, 2025.

    Senior Manager of International Relations at the NUPRC, Eyoanwan Ndiyo-Aiyetan, also emerged as secretary of AFRIPERF. According to a statement by the Commission, it said the development affirms Nigeria’s central role in the African petroleum regulatory space and as Africa’s largest producer of crude oil.

    The meeting, which was attended by 16 African countries, was convened to pick its leadership, headquarters, and logo.

    In his acceptance speech, Engineer Komolafe thanked his African counterparts for the trust and honour, promising to ensure that no member country is left behind.

    AFRIPERF aims to strengthen regional petroleum governance by fostering collaboration, cooperation, and coordination among member regulators. Ikeja Hotel Hits Highest Valuation in 52-Week, Gains 45%

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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