President Bola Tinubu On Tuesday requested the Senate to confirm the appointment of Mr. Taiwo Oyedele as the new Minister of State for Finance, and clear former Senator representing Rivers South-East, Magnus Abe, as chairman of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The President’s separate requests on the nominees were read by the Senate President, Godswill Akpabio, during the Red Chaambers’ plenary session.
Prior to his nomination, Oyedele, had served as the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, championing the comprehensive amendments of the most of the tax legislations, which were recently signed by President Tinubu.
The expert, who combines expertise in economics, accountancy and public policy, previously served at PricewaterhouseCoopers (PwC) a global firm and rose through the ranks to become the Fiscal Policy Partner and Africa Tax Leader.
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Abe’s nomination follows the removal by the President of the former chairman of the NUPRC, Engr. Gbenga Komolafe from his position.
In addition to Abe, the president has nominated Paul Yaro Jezhi, a former Trade Union Congress (TUC) chairman in Kaduna State, and Sunday Adebayo Babalola, a former Deputy Director of at the Department of Petroleum Resources (DPR) as non-executive commissioners in the NUPRC for Senate’s approval.
After the reading of the President’s request on the NUPRC nominees, the Senate President directed the Senate Committee on Petroleum Upstream to scrutinize their nominations, as required by legislative procedures.
