Revealed! President Tinubu inaugurates new NNPC board

7 hours ago 8
  • President Tinubu inaugurated the caller committee of the NNPCL astatine the State House successful Abuja, appointing Bayo Ojulari arsenic Group CEO and Ahmadu Musa Kida arsenic Non-Executive Chairman
  • The 11-member committee includes representatives from each geopolitical zones, featuring manufacture experts similar Babs Omotowa and Austin Avuru
  • The appointments, which instrumentality effect from 2 April 2025, were announced up of Tinubu’s departure for the APC National Summit

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

The Nigerian National Petroleum Company Limited (NNPCL) committee was formally inaugurated by President Bola Tinubu connected Thursday astatine the State House successful Abuja.

Tinubu Finally Inaugurates New NNPCLPhoto Credit: FG
Source: Getty Images

Bayo Ojulari was appointed arsenic Group Chief Executive Officer and Ahmadu Musa Kida arsenic Non-Executive Chairman. The swearing-in ceremonial was held successful the president's bureau conscionable earlier helium near for the All Progressives Congress (APC) National Summit astatine the Banquet Hall.

The 11-member committee is composed of eminent experts from respective geopolitical zones successful Nigeria, bringing unneurotic a wealthiness of manufacture cognition and equitable determination representation.

Babs Omotowa, a erstwhile Managing Director of Nigeria Liquefied Natural Gas (NLNG), has been appointed to correspond the North Central region, Bello Rabiu and Adedapo Segun for the North West, and Yusuf Usman for the North East.

Austin Avuru serves arsenic the Non-Executive Director for the South-South, portion Henry Obih and David Ige correspond the South-East and South-West, respectively.

The Permanent Secretary of the Federal Ministry of Finance, Mrs. Lydia Shehu Jafiya, volition correspond the Ministry of Petroleum Resources connected the board, portion Aminu Said Ahmed volition correspond the Ministry.

Among the notable authorities representatives successful attendance were Senator Heineken Lokpobiri, Minister of State for Petroleum (Gas); Mohammed Idris, Minister of Information and National Orientation; and Wale Edun, Minister of Finance and Coordinating Minister of the Economy. All appointments instrumentality effect connected April 2, 2025, with retroactive effect.

Legit.ng reported that President Bola Tinubu has announced the appointment of caller leadership successful the Nigerian National Petroleum Company Limited (NNPCL), pursuing the sacking of its contiguous leader, Mele Kyari, and different committee members.

According to the statement, Tinubu has appointed Bayo Ojulari arsenic the caller Group Chief Executive Officer of NNPC Limited and Ahmadu Musa Kida arsenic non-executive chairman. The president besides announced the assignment of Adedapo Segun, who took implicit the relation of main fiscal serviceman from Umaru Isa Ajiya past November, arsenic a subordinate of the board.

The president besides approved the assignment of Mrs Lydia Shehu Jafiya, the imperishable caput of the Federal Ministry of Finance, to correspond the ministry connected the caller board, portion Aminu Said Ahmed volition correspond the ministry of petroleum resources.

Major facts astir caller NNPC brag Tinubu appointed

Legit.ng reported that President Bola Tinubu has approved the appointment of Bayo Ojulari arsenic the caller radical main enforcement serviceman of the Nigerian National Petroleum Company Limited (NNPCL). Ojulari's assignment followed the sacking of Mele Kyari from the aforesaid office.

Ojulari's assignment was announced by the presidency successful a connection signed by Bayo Onanuga, President Tinubu's peculiar advisor connected accusation and strategy, astatine an aboriginal hr of Wednesday, April 2, adding that his assignment takes contiguous effect.

The NNPC is simply a nationalist plus that manages Nigeria's oil, a large root of gross for the West African country. Under the contiguous past medication of President Muhammadu Buhari, the NNPC transitioned to a constricted institution and is reportedly acceptable to beryllium listed connected Nigeria's banal exchange.

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Source: Legit.ng

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