Home News Buhari Constitutes NNPC Board, Drops Kachikwu as MD

Buhari Constitutes NNPC Board, Drops Kachikwu as MD

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*Dr Maikanti Kacalla Baru is new NNPC MD

By Akin Akinremi

President Muhammadu Buhari has approved the composition of the Board of the Nigerian National Petroleum Corporation (NNPC) and dropped Minister of State for Petroleum, Dr. Ibe Kachikwu as managing Director.

The minister is now NNPC Chairman.

A statement by the President’s Special Adviser, Media and Publicity Femi Adesina said the composition is as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997.

The new Group Managing Director is Dr Maikanti Kacalla Baru.

Other members of the board are The Permanent Secretary of the Federal Ministry of Finance; and  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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