Monday, 4 July 2016

President Buhari removes Kachikwu as NNPC boss, appoints new board

 


President Muhammadu Buhari  today approved the composition of a new Board of the Nigerian National Petroleum Corporation (NNPC), as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997

He removed Ibe Kachikwu as group managing director of the corporation, made him chairman of the NNPC while he still maintains his portfolio as the minister of state for petroleum 

The new NNPC GMD is Maikanti Kacalla Baru, 

 A statement by presidential spokesperson, Femi Adesina, shows the composition of the new board..

President Muhammadu Buhari has approved the composition of the Board of the Nigerian National Petroleum Corporation (NNPC), as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended.

A. Chairman-Dr Emmanuel Ibe Kachikwu, Honourable Minister of State for Petroleum;
B. Group Managing Director-Dr Maikanti Kacalla Baru;
C. The Permanent Secretary of the Federal Ministry of Finance; and 
D. The following six persons:
1. Mallam Abba Kyari
2. Dr Thomas M.A John
3. Dr Pius O. Akinyelure
4. Dr Tajuddeen Umar
5. Mallam Mohammed Lawal, and
6. Mallam Yusuf Lawal.
President Buhari urges the new board to ensure the successful delivery of the mandate of the NNPC, " and serve the nation by upholding the public trust placed on them in managing this critical national asset."

FEMI ADESINA
Special Adviser
(Media and Publicity)
July 4, 2016

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