NMDPRA’s Farouk Ahmed, NUPRC’s Komolafe Resign As Tinubu Asks Senate To Nominates Successors

LAGOS DECEMBER 17TH (NEWSRANGERS)-THE embattled Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA Engr. Farouk Ahmed and his counterpart in the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Gbenga Komolafe, have resigned. Already, President Bola Tinubu has asked the Senate to approve the nominations of two new chief executives for the NMDPRA…

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Senate Approves President  Tinubu’s $21bn Foreign Loans

LAGOS JULY 23RD (NEWSRNAGERS)-The Senate on Tuesday approved President Bola Tinubu’s external borrowing plan of over $21bn for the 2025–2026 fiscal cycle, paving the way for the full implementation of the 2025 Appropriation Act. The comprehensive borrowing package includes $21.19bn in direct foreign loans, €4bn, ¥15bn, a $65m grant and domestic borrowing through government bonds…

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N210tn Missing Fund: Senate Issues NNPCL Fresh 10-Day Ultimatum, Rejects Two-Month Plea

LAGOS JUNE 26TH (NEWSRNAGERS)-Again, the Senate has issued a 10 day ultimatum to the Nigerian National Petroleum Company Limited NNPCL to respond to 11 critical financial queries related to discrepancies in its audited financial statements, warning that failure to comply could attract serious constitutional consequences. The Committee on Public Accounts, Senator Aliyu Wadada, SDP, Nasarawa…

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Senate Directs Wike To Halt  Demolitions In Abuja, Set Up Investigative Committee

LAGOS DECEMBER 15TH (NEWSRANGERS)-The Senate on Thursday directed the Federal Capital Territory Minister, Nyesom Wike, to immediately halt all ongoing property demolitions in Abuja. This resolution followed concerns over alleged irregularities and hardships caused by the demolitions. In addition, the Senate summoned the minister to appear before an ad hoc committee formed to investigate the…

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