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Group applauds Tinubu, Gbenga Komolafe for oil & gas sector reforms

Seunmanuel Faleye by Seunmanuel Faleye
April 25, 2025
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Group applauds Tinubu, Gbenga Komolafe for oil & gas sector reforms
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President Bola Tinubu and Executive Officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, have received massive praise for their transformative leadership and commitment to transparency in Nigeria’s oil and gas sector.

The Nigerians in Diaspora Groups gave the commendation in a statement issued by its Global President, David Matthew Akpambu, on Monday, April 21, 2025.

Akpambu lauded the 2024 Oil Block Licensing Round, conducted in full compliance with the Petroleum Industry Act (PIA) and NUPRC Guidelines.

He noted that the groundbreaking process marked a major milestone in the nation’s quest to rid the sector of corruption and mismanagement, as he described the transparent, digital nature of the bidding process as a significant stride.

“For the first time in Nigeria’s history, the oil and gas sector witnessed a fully digital and point-based commercial bid evaluation, ensuring a competitive and fair allocation of assets. This digital approach, underpinned by encryption and decryption technology, provided an unprecedented level of security and integrity, ensuring that data remained confidential and free from human interference,” the statement partly reads.

“This reform is a testament to the leadership of President Tinubu and the proactive vision of Gbenga Komolafe. The 2024 Licensing Round was transparent, competitive, and a clear departure from previous practices that have often been tainted with allegations of corruption.”

Seunmanuel Faleye
Seunmanuel Faleye

Seunmanuel Faleye is a brand and communications strategist. He is a covert writer and an overt creative head. He publishes Apple’s Bite International Magazine.

Tags: Gbenga Komolafeoil & gas sectorTinubu

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