Federal Government Removes Ibe Kachikwu Replaced By Maikanti Kacalla Baru

Maikanti Kacalla Baru

Ibe Kachikwu is no longer the GMD of NNPC. This is contained in a statement by the federal government. He is now to be replaced by Maikanti Kacalla Baru.

In a statement by Mr Femi Adesina, the media aide to President Muhammadu Buhari, the federal government “has approved the composition of the 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.”

The new board is composed of the following:

Chairman-Dr Emmanuel Ibe Kachikwu, Honourable Minister of State for Petroleum;
Group Managing Director-Dr Maikanti Kacalla Baru; The Permanent Secretary of the Federal Ministry of Finance; and the following six persons are members of the board namely:

  • Mallam Abba Kyari
  • Dr Thomas M.A John
  • Dr Pius O. Akinyelure
  • Dr Tajuddeen Umar
  • Mallam Mohammed Lawal, and
  • Mallam Yusuf Lawal.

The statement said 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.”

Kachikwu will remain as the minister of state for petroleum resources. He directly reports to President Buhari. Before now, has been managing both portfolios overseeing one of the most serious fuel scarcity in Nigeria’s history.

 

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