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    Home»Nigeria Business»Upstream Regulator CEO, Komolafe, Earns Doctorate Degree, Global Sustainable Leadership Award
    Nigeria Business

    Upstream Regulator CEO, Komolafe, Earns Doctorate Degree, Global Sustainable Leadership Award

    NigeriaNewzBy NigeriaNewzNovember 9, 2025No Comments3 Mins Read
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    The Fee Chief Government of the Nigerian Upstream Petroleum Regulatory Fee (NUPRC), Engineer Gbenga Komolafe, has bagged an expert doctorate in management (Power Regulation) from the Worldwide Enterprise Faculty of Scandinavia.

    Engineer Komolafe was additionally honoured with the World Sustainable Management Award on the World Sustainable Training and Management (G-SEL) Convention 2025, held on the Home of Lords, Palace of Westminster, United Kingdom.

    The 2-day occasion drew senior policymakers, enterprise leaders, and diplomats worldwide, recognising Engineer Komolafe’s distinctive management in steering reforms below the Petroleum Trade Act (PIA) and positioning Nigeria as a reputable, clear, and aggressive power funding vacation spot.

    Since assuming workplace, he has been instrumental in deepening Nigeria’s upstream regulatory transformation.

    Underneath his watch, the nation’s lively rig rely surged from simply eight in 2021 to over 40, whereas the overall variety of rigs stands at 69 as of October 2025.

    Income efficiency has additionally persistently exceeded authorities targets, with the Fee attaining surpluses of 18.3 per cent in 2022, 14.6 per cent in 2023, and a formidable 84.2 per cent in 2024.

    Past fiscal success, the NUPRC has recorded vital milestones in host group improvement and indigenous participation.

    The Host Neighborhood Improvement Belief has risen to over N350bn, a part of which has been utilized in implementing lofty tasks and has contributed to restoring peace in hitherto risky communities.

    In his acceptance speech, Engineer Komolafe devoted the award to the Nigerian folks, describing it as a mirrored image of their resilience and the federal government’s dedication to reform.

    “This award belongs to Nigeria. It recognises the braveness and religion that drive our reforms within the upstream oil and gasoline sector. We’re constructing a clear, accountable, and investment-friendly system that displays our nationwide values and international aspirations,” he mentioned.

    Komolafe famous that the NUPRC’s technique is anchored on three priorities — transparency, competitiveness, and sustainability — emphasising maximising the worth of Nigeria’s hydrocarbon sources whereas advancing the power transition.

    “We aren’t solely regulating manufacturing. We’re shaping the way forward for power in Africa by making certain that Nigeria stays a dependable provider, a good regulator, and a accountable international associate,” the NUPRC boss added.

    The G-SEL London Convention 2025, themed ‘The intersection of innovation, sustainability and fairness for power entry’, served as a big discussion board for international dialogue on the way forward for power, training, and inclusive development.

    Komolafe’s recognition reinforces Nigeria’s rising repute as an power hub constructed on regulatory integrity, sustainable development, and international partnership — a milestone that underscores the nation’s function in shaping the subsequent section of Africa’s power future.

    Different recipients of the World Sustainable Management Award included Angela Wilkinson, Chief Government Officer of the World Power Council; Jason Jackson, Mayor of Islington, London; Riad Meddeb, Director of Sustainable Power on the United Nations Improvement Programme (UNDP); and Ben Parsons, Companion at Oakin Power Transition Technique, United Kingdom. Others have been Macenje “Che Che” Mazoka, Zambia’s Excessive Commissioner to the UK; Seema Malhotra FRSA, Member of Parliament for Feltham and Heston and Minister on the UK International, Commonwealth and Improvement Workplace; and Joel Singh, Director at Common Electrical Firm, United Kingdom.

    The award additionally went to the Minister of Main and Secondary Training of Zimbabwe, Dr. Toreria Moyo,; Mr. Alex Wachira, CBS, Principal Secretary at Kenya’s Ministry of Power and Petroleum; and H.E. Dr. Morie Okay. Manyeh, Sierra Leone’s Excessive Commissioner to the UK — rounding off a distinguished roster of leaders honoured for his or her dedication to sustainable development, inclusive governance, and power transition throughout Africa and past.

     



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