Engineer Komolafe, born in 1963 during Nigeria’s transition to a Republic, received his primary and secondary education in Ondo State before pursuing his first Engineering degree at the University of Ilorin in 1987. Within three years, he obtained two master’s degrees from the University of Ibadan, specializing in Industrial and Labour Relations, and Industrial and Production Engineering.
In 2006, he attained a Bachelor’s degree in Law and was subsequently called to the Nigerian Bar in 2008 after completing his legal education at Bwari Law School in Abuja. Additionally, Barrister Gbenga Komolafe received international training from renowned institutions such as the Oxford Princeton Energy Programme in the United Kingdom, gaining insights from various countries including the United States, UAE, Canada, UK, Russia, Brazil, South Africa, India, and Australia.
Throughout his career, Engineer Komolafe served in significant roles such as Process Engineer for the Anambra State World Bank Project in 1987, and various managerial positions within NNPC, including Pioneer Managing Director of the Nigeria Pipeline and Storage Company (NPSC), Group General Manager of Special Duties and Crude Oil Marketing Division (COMD), Executive Director at the Pipelines and Products Marketing Company (PPMC), and General Manager Operations for both the Petroleum Equalisation Fund (PEF) before becoming the inaugural Chief Executive of the NUPRC.
In his capacity as the pioneer CCE under the Petroleum Industry Act (PIA) 2021, Engineer Komolafe oversees the regulation of technical and commercial activities in the Nigerian Upstream Petroleum sector. Under his leadership, NUPRC has developed regulations aimed at streamlining regulatory processes to facilitate seamless upstream petroleum operations. Notable regulations include those pertaining to licensing rounds, royalty, host communities development, domestic gas delivery obligations, measurement, production curtailment, and more.
Again, the Commission has engaged stakeholders to incorporate their inputs into the regulatory framework, particularly regarding energy transition, decarbonization, and carbon monetization. Engineer Komolafe, viewing his role not just as a regulator but also as a facilitator for business, has actively worked to attract investors to bolster investment in the nation’s petroleum sector.
Engineer komolafe
As of January 1, 2022, the nation’s oil and gas reserves have seen a slight increase, with oil and condensate reserves reaching 37.046 billion barrels and gas reserves standing at 208.62 trillion cubic feet (TCF), reflecting a positive trend for the industry.
