Petroleum Industry Archives - Business Today NG https://businesstodayng.com/tag/petroleum-industry/ The Hub of News Reporting Wed, 29 Apr 2026 22:52:58 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 President Tinubu Replaces NMDPRA Boss, Names Rabiu Umar as Successor https://businesstodayng.com/president-tinubu-replaces-nmdpra-boss-names-rabiu-umar-as-successor/ Wed, 29 Apr 2026 21:24:39 +0000 https://businesstodayng.com/?p=62741 BY NKECHI NAECHE-ESEZOBOR—President Bola Ahmed Tinubu, on Wednesday approved the removal of Mr Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in the public interest. The President has also approved the nomination of Mr Rabiu Abdullahi Umar as the new Chief Executive of the NMDPRA. The […]

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BY NKECHI NAECHE-ESEZOBOR—President Bola Ahmed Tinubu, on Wednesday approved the removal of Mr Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in the public interest.

The President has also approved the nomination of Mr Rabiu Abdullahi Umar as the new Chief Executive of the NMDPRA. The appointment is subject to Senate confirmation.

This decision, made pursuant to the Petroleum Industry Act 2021, is aimed at strengthening regulatory effectiveness in the midstream and downstream petroleum sector, in line with the Renewed Hope Agenda.

Mr Umar is a seasoned executive with over 25 years of experience across the energy, manufacturing, and infrastructure sectors, and a proven track record in strategic leadership, operational transformation, and large-scale project delivery.

He is a graduate of Accounting from Bayero University and an alumnus of Harvard Business School.

Pending Senate confirmation of the new nominee, the most senior official of the NMDPRA will oversee operations in an acting capacity.

President Tinubu thanks the outgoing Authority Chief Executive for his service and wishes him well in his future endeavours.

The President remains committed to ensuring capable leadership in key regulatory institutions to advance energy security, sector reform, and sustainable economic growth.

 

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