The group Managing Director of Nigerian National Petroleum Corporation, Dr Ibe Kachukwu has been dismissed by President Mohammadu Buhari.
A statement made by the presidency stated that Kachikwu as the minister for State for Petroleum will now be the chairman of the Board of the NNPC while Maikanti Baru will replace him.
The new boards of directors for the Nigerian National Petroleum Corporation (NNPC), as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended are:
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 implores the new board to ensure that they commit to fulfilling their mandate.