Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Proposed Textile Import Ban May Hurt Economy, Jobs – CPPE

    June 28, 2026

    Bitcoin Drops as Grayscale Research Guides Strategy Inc. to Sell $3bn BTC

    June 28, 2026

    Naira Falls as Nigeria’s Bonny Light Crude Plunges by 11%

    June 28, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Proposed Textile Import Ban May Hurt Economy, Jobs – CPPE
    • Bitcoin Drops as Grayscale Research Guides Strategy Inc. to Sell $3bn BTC
    • Naira Falls as Nigeria’s Bonny Light Crude Plunges by 11%
    • Nigerian Stock Market Cap Shrinks N2.42trn to N148.91trn
    • Stock Market Shrinks Below N149trn over 3-Day Losses
    • Ripple XRP Climbs on EU Market Optimism, Institutional Appetite
    • Federal Govt. Needs N4.55bn to Fill PHC Vacancies- Official
    • Oil Prices Lower as Saudi Arabia, Iran Ramp Up Exports
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, June 28
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Nigeria’s Oil Regulators’ Chiefs Resign, Tinubu Nominates New CEOs

    Nigeria’s Oil Regulators’ Chiefs Resign, Tinubu Nominates New CEOs

    Marketforces AfricaBy Marketforces AfricaDecember 17, 2025 News No Comments2 Mins Read
    Nigeria's Oil Regulators' Chiefs Resign, Tinubu Nominates New CEOs
    President Bola Tinubu
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Nigeria’s Oil Regulators’ Chiefs Resign, Tinubu Nominates New CEOs

    President Bola Ahmed Tinubu has forwarded the names of two nominees to the Senate for confirmation as chief executive officers of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

    In a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the President said the nominations followed the resignation of Engineer Farouk Ahmed, former Chief Executive of the NMDPRA, and Gbenga Komolafe, former Chief Executive of the NUPRC.

    Both officials were appointed in 2021 by former President Muhammadu Buhari after the creation of the agencies under the Petroleum Industry Act (PIA).

    President Tinubu, according to the statement, has requested the Senate to expedite the confirmation of Oritsemeyiwa Amanorisewo Eyesan as Chief Executive Officer of the NUPRC and Engineer Saidu Aliyu Mohammed as Chief Executive Officer of the NMDPRA.

    Onanuga noted that the nominees are seasoned professionals with decades of experience in the oil and gas industry. Eyesan, an Economics graduate of the University of Benin, spent nearly 33 years with the Nigerian National Petroleum Company Limited (NNPCL) and its subsidiaries.

    She retired as Executive Vice President, Upstream, in 2024 and previously served as Group General Manager, Corporate Planning and Strategy between 2019 and 2023.

    Engineer Saidu Aliyu Mohammed, born in 1957 in Gombe State, holds a Bachelor’s degree in Chemical Engineering from Ahmadu Bello University, Zaria. He was recently announced as an independent non-executive director at Seplat Energy.

    His professional career includes serving as Managing Director of the Kaduna Refining and Petrochemical Company and the Nigerian Gas Company, as well as chairman of the boards of the West African Gas Pipeline Company, Nigeria LNG subsidiaries, and NNPC Retail.

    Mohammed also served as Group Executive Director and Chief Operating Officer of the Gas and Power Directorate, where he provided strategic leadership for major gas projects and policy frameworks, including the Gas Masterplan, Gas Network Code, and contributions to the Petroleum Industry Act.

    He played key roles in landmark projects such as the Escravos–Lagos Pipeline Expansion, the Ajaokuta–Kaduna–Kano (AKK) Gas Pipeline, and Nigeria LNG Train projects. Brent Climbs to $59 as US-Venezuela Tensions Heat Up

    Oil Regulator
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    Proposed Textile Import Ban May Hurt Economy, Jobs – CPPE

    Bitcoin Drops as Grayscale Research Guides Strategy Inc. to Sell $3bn BTC

    Naira Falls as Nigeria’s Bonny Light Crude Plunges by 11%

    Nigerian Stock Market Cap Shrinks N2.42trn to N148.91trn

    Stock Market Shrinks Below N149trn over 3-Day Losses

    Ripple XRP Climbs on EU Market Optimism, Institutional Appetite

    Add A Comment

    Comments are closed.

    Editors Picks

    Proposed Textile Import Ban May Hurt Economy, Jobs – CPPE

    June 28, 2026

    Bitcoin Drops as Grayscale Research Guides Strategy Inc. to Sell $3bn BTC

    June 28, 2026

    Naira Falls as Nigeria’s Bonny Light Crude Plunges by 11%

    June 28, 2026

    Nigerian Stock Market Cap Shrinks N2.42trn to N148.91trn

    June 28, 2026

    Stock Market Shrinks Below N149trn over 3-Day Losses

    June 27, 2026
    Latest Posts

    Proposed Textile Import Ban May Hurt Economy, Jobs – CPPE

    June 28, 2026

    Bitcoin Drops as Grayscale Research Guides Strategy Inc. to Sell $3bn BTC

    June 28, 2026

    Naira Falls as Nigeria’s Bonny Light Crude Plunges by 11%

    June 28, 2026

    Nigerian Stock Market Cap Shrinks N2.42trn to N148.91trn

    June 28, 2026

    Stock Market Shrinks Below N149trn over 3-Day Losses

    June 27, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.