See Full List Of President Buhari's Newly Appointed NNPC Limited Board Members

Date: 19-09-2021 6:30 pm (1 month ago) | Author: Mister Jay Wonder
- at 19-09-2021 06:30 PM (1 month ago)
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President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Company, NNPC, into a company.

Buhari gave the directive to NNPC Group Managing Director of the NNPC, Mele Kyari.

His spokesman, Femi Adesina, disclosed the president’s directive in a statement he issued on Sunday.

The presidential spokesman explained that Buhari’s action was backed by the relevant provisions of the constitution.

Adesina said the president’s directive was in “consonance with Section 53(1) of the Petroleum Industry Act 2021, which requires the Minister of Petroleum Resources to cause for the incorporation of the NNPC Limited within six months of commencement of the Act in consultation with the Minister of Finance on the nominal shares of the Company.

“The Group Managing Director of the NNPC, Mr Mele Kolo Kyari, has, therefore, been directed to take necessary steps to ensure that the incorporation of the NNPC Limited is consistent with the provisions of the PIA 2021.

“Also, by the power vested in him under Section 59(2) of the PIA 2021, President Buhari has approved the appointment of the Board and Management of the NNPC Limited, with effect from the date of incorporation of the company.”

The statement also disclosed that the president reserved the position of the Minister of Petroleum Resources to himself.

The president also appointed board members of NNPC, among whom are Senator Ifeanyi Ararume, and Kyari.

Buhari appointed Senator Ifeanyi Ararume as the Chairman of the Board, Mele Kolo Kyari as Chief Executive Officer and Umar Ajiya Chief Financial Officer.

Buhari;s appointees include;

Chairman of the Board is Senator Ifeanyi Ararume

Chief Executive Officer is Mr. Mele Kyari

Chief Financial Officer is Umar I Ajiya

Other Board members are;

Dr Tajudeen Umar (North East)

Mrs Lami O. Ahmed (North Central)

Mallam Mohammed Lawal (North West)

Senator Margaret Chuba Okadigbo (South East)

Barrister Constance Harry Marshal (South South)

Chief Pius Akinyelure (South West).


Posted: at 19-09-2021 06:30 PM (1 month ago) | Addicted Hero
- taypetdun at 19-09-2021 08:09 PM (1 month ago)
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Is it compulsory that the North would be on the Finance. The CEO and Chief Finance are collaborators, other members are just O! yes members
Posted: at 19-09-2021 08:09 PM (1 month ago) | Upcoming
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- gogoman at 20-09-2021 12:41 AM (1 month ago)
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 Smiley Smiley Smiley
Posted: at 20-09-2021 12:41 AM (1 month ago) | Addicted Hero
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