HomeNewsTinubu Nominates Magnus Abe as Upstream Regulator Chairman

Tinubu Nominates Magnus Abe as Upstream Regulator Chairman

Published on


KEY POINTS


  • NUPRC board nominations name Magnus Abe chairman.
  • NUPRC board nominations advance petroleum reforms.
  • Senate confirmation is required for all nominees.

President Bola Tinubu has nominated former senator Magnus Abe as chairman of the Nigerian Upstream Petroleum Regulatory Commission, advancing a fresh round of appointments to the boards overseeing Africa’s largest oil producer.

In separate letters sent to the Senate on Monday, Tinubu requested confirmation for Abe and 20 other nominees to serve on the boards of the NUPRC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The nominations come weeks after lawmakers approved the chief executives of both agencies, completing a major phase in the rollout of the Petroleum Industry Act.

NUPRC board nominations reshape upstream oversight

Abe, who represented Rivers South-East in the Senate for two terms, previously served on the board of the former Nigerian National Petroleum Corporation. He currently chairs the National Agency of the Great Green Wall, a federal environmental body. According to a statement from presidential spokesman Bayo Onanuga, Abe would lead the NUPRC board alongside non-executive commissioners Paul Jezhi, a former Trade Union Congress chairman in Kaduna State, and Sunday Babalola, a former deputy director at the defunct Department of Petroleum Resources.

Tinubu also nominated seven executive commissioners to the upstream regulator, including Muhammed Lamido for finance and Edu Inyang for exploration and acreage management. Justin Ezeala was named executive commissioner for economic regulation and strategic planning, while Henry Oki will oversee development and production.

Other nominees include Indabawa Alka for corporate services, Mahmood Tijani for health, safety and environment, and Olayemi Adeboyejo as secretary and legal adviser. Some of the nominees were first appointed under former President Muhammadu Buhari, while others are new to the board.

The NUPRC board nominations are central to enforcing new fiscal, licensing and regulatory frameworks introduced under the 2021 petroleum law.

NUPRC board nominations align with sector reforms

For the midstream and downstream authority, Tinubu nominated Adegbite Adeniji as chairman. Adeniji, an energy lawyer, previously advised the government on oil and gas reforms and now leads ENR Advisory.

Authorities named Kenneth Kobani, a former minister of state for trade, and Asabe Ahmed as non-executive members. Executive directors further nominated include Abiodun Adeniji for finance, Francis Ogaree for hydrocarbons, Oluwole Adama for gas infrastructure, and Mustapha Lamorde for corporate services.

Additional nominees cover distribution systems, economic regulation, and legal oversight. The Senate will begin screening in the coming weeks and then hold confirmation votes.

Latest articles

Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.

Nigeria earmarks 2.1 billion naira to revive OAUTHC renal program

Nigeria's federal government has appropriated 2.1 billion naira to revive kidney care at Obafemi Awolowo University Teaching Hospitals Complex, its chief medical director says.

Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.

More like this

Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.

Nigeria earmarks 2.1 billion naira to revive OAUTHC renal program

Nigeria's federal government has appropriated 2.1 billion naira to revive kidney care at Obafemi Awolowo University Teaching Hospitals Complex, its chief medical director says.