Nigerian Senate warns oil regulators
By the AFREEQUE newsroom, based on Punch and Business Day Nigeria
The Nigerian Senate warns oil regulatory agencies against administrative blockages, inefficiency and a lack of transparency that could hinder Bola Tinubu’s reforms. The Senate committee overseeing the downstream oil sector examined the nominations of seven NMDPRA executive directors on Thursday, according to Punch.
The chairman of the Senate committee overseeing the downstream oil sector warned the seven candidates for NMDPRA leadership that the Senate would tolerate neither administrative sabotage, nor a lack of transparency, nor inefficiency that could hinder government policies, according to Punch. He urged them to meet high standards of professionalism, integrity and accountability.
The seven candidates were submitted to the Senate by President Bola Tinubu the previous week for confirmation. They are notably responsible for finance and accounts, distribution and storage and retail infrastructure, as well as health, safety, environment and community relations.
The other portfolios cover hydrocarbon processing, facilities and partnerships, transport infrastructure, economic regulation and strategic planning, general services and administration, as well as board secretariat and legal affairs. The senator said the future officials could contribute to the development of the oil sector if they demonstrated competence, integrity and commitment.
