President Muhammadu Buhari has asked the Senate to amend the Petroleum Industry Act, PIA 2021.
A letter signed by President Buhari and read by the Senate President, Ahmad Lawan, during plenary today in Abuja, listed the three areas he sought to be amended to include the appointment of non-executive board members, removal of the Ministries of Petroleum Resources and Finance from the boards of the two institutions, as well as the appointment of Executive Directors.
The letter, however, asked the Senate to confirm the appointment of Isa Modibbo as Chairman of the Upstream Regulatory Commission, and Gbenga Komolafe as its Chief Executive.