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Reading: President Buhari Sacks Ibe Kachikwu as NNPC boss, Approves New Board Of Directors
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President Buhari Sacks Ibe Kachikwu as NNPC boss, Approves New Board Of Directors

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2016/07/04
1 Min Read
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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.

President Buhari replaces Dr. Ibe Kachikwu who until today occupied the position and doubled as Minister of State for Petroleum Resources.

He however allowed him to remain as minister of state for petroleum and will serve as chairman of the NNPC board.

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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.”

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