ABUJA (Sundiata Post) – President Muhammadu Buhari has removed Dr. Emmanuel Ibe Kachikwu, as Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC). In Kachikwu’s place, the President has appointed Dr. Maikanti Kacalla Bau as the new GMD of NNPC.
Until now, Kachikwu had been functioning as both GMD of NNPC and Minister of State, Petroleum.
The President also approved the composition of the Board of the NNPC as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended.
According to a statement by Presidential Media Adviser, Femi Adesina, 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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