The DPR had in April 2020 revoked the 11 marginal field awards, alleging non-performance by the awardees. With vast experience in the oil industry, the operator claimed that Komolafe would deploy his good office, integrity and adherence to transparency to address all the unresolved issues. Komolafe had served as the Group General Manager, Crude Oil Marketing Division General Manager in charge of Operations, Petroleum Equalisation Fund (PEF) Executive Director (commercial) and Pipelines and Petroleum Marketing Company (PPMC). He had, at different times, served as the Managing Director, Nigeria Pipeline and Storage Company (NPSC) General Manager in charge of Operations, Petroleum Products Pricing Regulatory Agency (PPPRA) and Group General Manager, Special Duties, Nigerian National Petroleum Corporation (NNPC).
Komolafe is a seasoned technocrat with vast understanding of the petroleum industry, having held senior positions at the highest levels of the downstream and upstream sectors. The operator said injustice perpetrated against the affected companies would be addressed with the advent of the Petroleum Industry Act (PIA), split of the DPR into two parts and appointment of new executives for same.Īccording to him, it is expected that his expertise as a seasoned engineer and lawyer will enable him appreciate the presidential directive and dispassionately implement it without fear or favour.
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