Buhari removes Kachikwu as GMD of NNPC

President Muhammadu Buhari has removed Dr. Ibe Kachikwu as the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), he has also appointed Dr Maikanti Kacalla Baru as the new GMD of the Corporation.

 

This is contained in a statement issued on Monday by the Special Adviser, (Media and Publicity), Femi Adesina.

The statement further revealed that President has reconstituted 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.

 

Full text of the Statement

 

 

 

PRESIDENT BUHARI APPROVES NEW BOARD OF DIRECTORS FOR NNPC

 

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.”

 

FEMI ADESINA

Special Adviser

(Media and Publicity)

July 4, 2016