It appears the President has played a clever one. According to a press release, Emmanuel Ibe Kachikwu has been relieved as the group Managing Director of the Nigerian National Petroleum Corporation and replaced with Maikanti Baru. In a press statement issued today in Abuja, the president office stated that Kachikwu as the minister for State for Petroleum will now be the chairman of the Board of the NNPC.
Reactions have trailed the actions of the Presidency as many are accusing him of stylishly putting ‘his own people’ in key positions.
“The chairman of the board of NNPC is a ceremonial role, an office without portfolio”, an obviously angry citizen was quoted as saying.
The Full statement released by the Presidency on the matter is copied below.
Kachikwu however, is yet to comment on the development.
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
Leave a Reply