President Buhari Removes Kachikwu as GMD of NNPC

President Buhari Removes Kachikwu as GMD of NNPC

President Muhammadu Buhari has sacked Emmanuel Ibe Kachikwu as the group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

The sack is to take immediate effect as the President announced that Kachikwu will be replaced by Maikanti Baru.

In a press statement issued today in Abuja, the president’s office stated that Kachikwu as the minister of State for Petroleum will now be the chairman of the Board of the NNPC.

A new board of directors of the NNPC approved by the president as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended, include the following persons:

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,” the statement read.