President Buhari has removed Ibe Kachikwu as Group Managing Director of
the NNPC, according to a statement by presidential spokesperson, Femi
Adesina. Kachikwu has now been made chairman of the Corporation and also
remains as the Minister of State for Petroleum.
The new NNPC GMD is Maikanti Kacalla Baru. Read the statement after the
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.
The new board is composed of the following:
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.”
(Media and Publicity)
July 4, 2016