Farouk Ahmed has resigned as Chief Executive of the NMDPRA. Also, Gbenga Komolafe has stepped down from his position as Chief Executive of the NUPRC. Both officials were appointed in 2021 by former President Muhammadu Buhari after the enactment of the Petroleum Industry Act. The development was disclosed in a statement issued by the President’s…
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has responded to recent claims regarding the financing of his children’s education and his integrity in office, insisting that the allegations are misleading and ill-timed. In a detailed statement, Ahmed said the allegations “necessitated this response, not because…
The House of Representatives Joint Committee on Petroleum Resources has invited Dangote Refinery and the NMDPRA to resolve disagreements threatening the downstream petroleum sector. Chairman Ikenga Ugochinyere said after an emergency Abuja meeting on Monday that rising tensions could undermine the fragile stability recently achieved. He said the committee must act swiftly, as efforts continue…
Aliko Dangote, chairman of the Dangote Group, says Farouk Ahmed, chief executive officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), spent about $5 million on the secondary school education of his children in Switzerland. In a paid newspaper advert on Tuesday, the billionaire said Ahmed paid the said amount for four…
The President of the Dangote Group, Alhaji Aliko Dangote, on Sunday alleged that the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, paid about $5m for the secondary school education of his four children in Switzerland, calling for a full investigation and public explanation. Dangote said Ahmed must appear before…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday said it is no longer considering implementing the planned 15 per cent duty on imported petroleum products. The development was announced by the Director, Public Affairs Department, NMDPRA, George Ene-Ita, in a statement while warning the public to shun panic buying. On the 29th…
Oil and gas workers under the umbrella of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have embarked on an industrial action on Monday, as directed by the union earlier on Sunday. PENGASSAN had on Sunday directed a nationwide strike, instructing all its members in various offices, companies, institutions, and agencies to…
The National Association of Nigerian Students (NANS) and the National Association of Polytechnic Students (NAPS) have rescinded their decision to demand the resignation of Farouk Ahmed, the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Earlier, the leadership of the two student associations accused Ahmed of mismanaging public funds, racketeering in jobs…
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of licences for the construction of three new refineries. The NMDPRA, in a post on its official X handle on Friday, said the new facilities will add 140,000 barrels per day to Nigeria’s domestic refining capacity. It was noted…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000-litre fuel tankers from operating on Nigerian roads. Speaking to journalists on Wednesday in Abuja, Ogbugo Ukoha, NMDPRA executive director of distribution systems, storage, and retailing infrastructure, said the ban, which would take effect from March 1, would mitigate truck-in-transit incidents. He said the…