President Bola Tinubu has approved the appointment of three new Executive Commissioners to serve in the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the redeployment of one current Executive Commissioner, pending their confirmation by the Nigerian Senate.
According to a statement by Presidential spokesman, Ajuri Ngelale, they are; Bashir Indabawa, representing North West is the Executive Commissioner, Exploration and acreage Management. Dr. Kelechi Ofoegbu, representing South East is the Executive Commissioner, Corporate Services & Administration (Redeployed) while Enorense Amadasu, representing South-south is the Executive Commissioner, Development & Production. Babajide Fasina, representing South-west is the Executive Commissioner, Economic Regulation & Strategic Planning.
Ngelale said the President approved this reshuffling and replacement based on his deeply informed assessment of all factors concerning the sector with a view to establishing a regulatory framework and culture that comprehensively disincentivizes errant behaviour and incentivizes diligence and rules-based business practice across the industry.