THE CHIEF EXECUTIVE OFFICER OF THE NIGERIAN UPSTREAM PETROLEUM REGULATORY COMMISSION (NUPRC), GBENGA KOMOLAFE, HAS CONFIRMED THE TAKEOVER OF THE COUNTRY’S CRUDE OIL EXPORT TERMINALS.   ACCORDING TO KOMOLAFE,  EXPRESS DIRECTIVES HAVE BEEN GIVEN BY PRESIDENT BUHARI  TO BOTH THE NUPRC AND THE NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM REGULATORY AUTHORITY (NMDPRA) TO ADDRESS THE FUNCTION OVERLAPS HIGHLIGHTED BY THE INDUSTRY. PRESIDENT MUHAMMADU BUHARI DIRECTED IMMEDIATE COMPLIANCE WITH THE SENATE’S RESOLUTION THAT “NUPRC IS THE SOLE A (SIC) ONLY REGULATORY ENTITY TO REGULATE AND MONITOR THE ACTIVITIES OF ALL EXISTING CRUDE OIL EXPORT TERMINALS IN NIGERIA SUBSISTS IN COMPLIANCE WITH SECTION 7EE OF THE PIA (2021)”