Buhari Sacks Ibe Kachikwu As NNPC GMD, Approves New Board Of Directors.

President Muhammadu Buhari has removed Dr. Ibe Kachikwu, Hon. Minister of State For Petroleum as the Group Managing Director of NNPC and replaced him with Dr Maikanti Kacalla Baru.

Buhari also dissolved 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.

He has since approved the composition of the new board as follow:

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."

This was disclosed in a Press Release by the Special Adviser, Media and Publicity to the president, Mr. Femi Adesina.

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