President Muhammadu Buhari has approved the composition of the Board of the Nigerian National Petroleum Corporation (NNPC).
A statement signed by presidential spokesman, Femi Adesina states that the constitution of the board was in accordance with Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended.
According to the statement, the Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu is to serve as Chairman of the Board, while Dr Maikanti Kacalla Baru is now the new Group Managing Director of the NNPC.
Other persons appointed into the new NNPC Board are:
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 to serve the nation by upholding the public trust placed on them in managing this critical national asset.