• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Buhari replaces Auwalu with Ahmed as Chief Executive Officer of NPRA

Chike Olisah by Chike Olisah
September 30, 2021
in Business News
Reactions trail President Buhari’s signing of the Petroleum Industry Bill
Share on FacebookShare on TwitterShare on Linkedin

President Muhammadu Buhari has in a written communication asked the Senate to replace the nomination of Sarki Auwalu as the Chief Executive Officer of the newly formed Nigerian Midstream and Downstream Petroleum Regulatory Authority Board with that of Farouk Ahmed.

Auwalu, who is the current Director/Chief Executive Officer of the soon be scrapped Department of Petroleum Resources (DPR), was nominated alongside 3 other members as board members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority on September 28, 2021, and awaiting Senate’s confirmation.

The request is contained in a letter dated September 28, 2021, sent by President Buhari and read during plenary session at the upper legislative chamber by the Senate President, Ahmad Lawan, on Wednesday. The President in the new request, sought for the replacement of Auwalu with Ahmed as the Chief Executive Officer of the agency, explaining that this was duly in accordance with the provision of Section 34(3) of the Petroleum Industry Act 2021.

RelatedStories

PIA 2021 attracts $16 billion in investments, boosts oil production — Reps Deputy Speaker 

PIA 2021 attracts $16 billion in investments, boosts oil production — Reps Deputy Speaker 

July 15, 2025
NNPC pledges commitment to proper utilization of PIA funds in Bayelsa communities

NNPC pledges commitment to proper utilization of PIA funds in Bayelsa communities

March 18, 2025

In case you missed it

  • Recall that over a week ago, President Buhari had written to the Senate seeking the confirmation of his nominees as board members of Nigerian Midstream and Downstream Petroleum Regulatory Authority and Upstream Regulatory Commission among others.
  • The President’s request is coming at the same time he had also written to the Senate seeking for an amendment of the Petroleum Industry Act (PIA) to expand the membership of the board of directors and to address the issue of geographical balance in its membership among other changes.
  • In the letter dated September 16, 2021, the nominees for the Nigerian Midstream and Downstream Petroleum Regulatory Board include Idaere Gogo Ogan (Chairman); Engr. Sarki Auwalu (Chief Executive); Abiodun A. Adeniji (Executive Director, Finance and Accounts); and Ogbugo Ukoha (Executive Director, Distributions Systems, Storage and Retail Infrastructure).
Tags: Petroleum Industry ActPIA
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

PIA 2021 attracts $16 billion in investments, boosts oil production — Reps Deputy Speaker 
Economy

PIA 2021 attracts $16 billion in investments, boosts oil production — Reps Deputy Speaker 

July 15, 2025
NNPC pledges commitment to proper utilization of PIA funds in Bayelsa communities
Energy

NNPC pledges commitment to proper utilization of PIA funds in Bayelsa communities

March 18, 2025
TotalEnergies
Energy

TotalEnergies, MRS, others win new oil blocks in FG’s first commercial bid round 

December 19, 2024
Proposed 5% levy on companies for community project might lead to exits – Afrexim Bank
Energy

NNPC’s dividends to FG drops from $11.9 billion to $1.83 billion as PIA kicks in 

October 7, 2024
oil producing states
Energy

FG’s bet on deep-water operations draws mixed reactions after IOCs took $82 billion abroad 

October 7, 2024
NNPCL, Chevron convert JV assets into PIA terms, target 165k bpd oil production 
Energy

NNPCL, Chevron convert JV assets into PIA terms, target 165k bpd oil production 

September 10, 2024
Next Post

African Alliance Insurance Plc reports profit after tax of N5.05 billion in H1 2021.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
nairametrics
Emple
Palmpay
first bank








DUNS

Recent News

  • Send App by Flutterwave unveils ‘share and earn’ referral program 
  • TD Africa secures AI ISO Certifications 
  • World’s top 20 richest countries by total household wealth 

Follow us on social media:

Recent News

Send App by Flutterwave unveils ‘share and earn’ referral program 

Send App by Flutterwave unveils ‘share and earn’ referral program 

August 20, 2025
TD Africa secures AI ISO Certifications 

TD Africa secures AI ISO Certifications 

August 20, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics