Financial Energy Review
President Muhammadu Buhari has urged the Senate to confirm five nominees as Executive Directors of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The President’s request was contained in a letter dated 31st January, 2022, and read by the Senate President, Ahmad Lawan, during plenary.
The letter reads in part, “In accordance with the provision of section 41(2) of the Petroleum Industry Act 2021, I am pleased to forward for confirmation by the Senate, the appointment of the under-listed five (5) nominees as Executive Directors of the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
Those listed by the President include: Francis Alabo Ogaree, Executive Director, Hydrocarbon Processing Plants, Installations and Transportation Infrastructure; and Dr. Mustapha Lamorde, Executive Director, Health, Safety, Environment and Community.
Others are Mansur Kuliya, Executive Director, Midstream and Downstream Gas Infrastructure Fund; Bashir Sadiq, Executive Director, Corporate Services and Administration; and Dr. Zainab Gobir, Executive Director, Economic Regulations and Strategic Planning.
The President added that the request for the “expeditious” confirmation of the nominees was made “in order to fast track the effective takeoff and decision making in the newly established Regulatory Authority.”
The President also urged the Red Chamber to confirm Mrs. Chidinma Osuji as an Executive Director of the Nigerian Deposit Insurance Corporation (NDIC).
The President in a letter read on the floor by Lawan explained the Osuji was nominated in compliance with Section 5(4) of the Nigerian Deposit Insurance Corporation Act, 2010.
