By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Reps Panel Rejects Calls for NMDPRA Boss’ Removal, Cites PIA Tenure Provisions
Share
Sign In
Notification Show More
Latest News
PTAD Executive Secretary Lauds Online Editors, Requests ACOE Support to Transform Pension Systems
Business Media News
Tinubu appoints Peter Eze as FCC for Enugu State
Civil Service Labour News Politics
FG, Lotus Capital Discuss Non-interest Finance Sector Expansion 
Business Economy News
Academy urges FCTA to encourage private schools, as it marks graduation ceremony
Education Metro News
NiMet, AATF Partner to Advance Climate-Resilient Agriculture in Nigeria
Agriculture Aviation Business Environment News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Oil & Gas > Reps Panel Rejects Calls for NMDPRA Boss’ Removal, Cites PIA Tenure Provisions
Civil ServiceLabourMetroNewsOil & GasPolitics

Reps Panel Rejects Calls for NMDPRA Boss’ Removal, Cites PIA Tenure Provisions

Publisher
By Publisher Published July 23, 2025
Share
4 Min Read
SHARE

 

The House of Representatives Committee on Petroleum Resources (Downstream) has dismissed calls for the dissolution of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the removal of its Chief Executive, Engr. Farouk Ahmed, describing such demands as baseless, unlawful, and capable of undermining the stability and progress recorded in the downstream sector.

 

At a special session presided over by its Chairman, Hon. Ikenga Imo Ugochinyere, the committee emphasized that the Petroleum Industry Act (PIA), particularly Section 41, guarantees tenure security to foster stability, policy consistency, and investor confidence in the petroleum sector. Members unanimously agreed that any attempt to truncate this provision would contradict the spirit and intent of the PIA, which was painstakingly enacted by the National Assembly to drive sectoral reform.

 

“The PIA was crafted to ensure certainty in leadership and continuity of policy,” Ugochinyere said. “It is therefore illogical and counterproductive to advocate for the removal of a chief executive whose tenure is protected by law, especially when no proven breach of duty has been established.”

 

He added that the committee carefully reviewed the issues raised in the petitions but found that the complaints centered more on personal interests and agitation for a change in leadership, rather than any concrete evidence of regulatory failure or misconduct.

 

The committee also stressed that the downstream and upstream sectors have experienced significant growth since the PIA came into effect, with investor confidence rebounding and foreign investments totaling over $20 billion flowing into the industry. It noted that these gains are the direct result of regulatory clarity, transparency, and stability provided by the NMDPRA and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

 

“We cannot destroy the very law we enacted,” Ugochinyere continued. “The National Assembly put in place a framework that ensures regulatory certainty. The moment we start disregarding those provisions, we will send a dangerous signal to international investors that Nigeria does not respect its own laws.”

 

On allegations of financial impropriety, the committee described some of the claims as illogical and exaggerated, pointing out that the figures quoted by petitioners far exceeded the agency’s total capital budget, making the claims practically impossible.

 

The lawmakers further noted that the NMDPRA is currently grappling with financial difficulties, including the inability to pay salaries and the lack of staff recruitment in recent years. Despite these challenges, the agency and its counterpart, NUPRC, have been able to deliver on their mandates under the PIA, instituting much-needed reforms in their respective spheres.

 

While reiterating that no agency is above scrutiny, the committee cautioned against circumventing due process or undermining the PIA. It called on relevant investigative bodies to discharge their duties within the bounds of the law, without prejudicing the tenure protections clearly provided in the Act.

Like this:

Like Loading...

Related

You Might Also Like

PTAD Executive Secretary Lauds Online Editors, Requests ACOE Support to Transform Pension Systems

Tinubu appoints Peter Eze as FCC for Enugu State

FG, Lotus Capital Discuss Non-interest Finance Sector Expansion 

Academy urges FCTA to encourage private schools, as it marks graduation ceremony

NiMet, AATF Partner to Advance Climate-Resilient Agriculture in Nigeria

TAGGED: Federal House of Representatives

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher July 23, 2025
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Group calls for economic, social empowerment for PWDs
Next Article NIMC Partners Online Editors To Boost Digital Security
Leave a comment Leave a comment

Leave a Reply Cancel reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

PTAD Executive Secretary Lauds Online Editors, Requests ACOE Support to Transform Pension Systems
Business Media News August 13, 2025
Tinubu appoints Peter Eze as FCC for Enugu State
Civil Service Labour News Politics August 12, 2025
FG, Lotus Capital Discuss Non-interest Finance Sector Expansion 
Business Economy News August 12, 2025
Academy urges FCTA to encourage private schools, as it marks graduation ceremony
Education Metro News August 12, 2025

You Might also Like

BusinessMediaNews

PTAD Executive Secretary Lauds Online Editors, Requests ACOE Support to Transform Pension Systems

August 13, 2025
Civil ServiceLabourNewsPolitics

Tinubu appoints Peter Eze as FCC for Enugu State

August 12, 2025
BusinessEconomyNews

FG, Lotus Capital Discuss Non-interest Finance Sector Expansion 

August 12, 2025
EducationMetroNews

Academy urges FCTA to encourage private schools, as it marks graduation ceremony

August 12, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d