Monday, July 04, 2016

Baru Replaces Kachikwu As NNPC GMD

Dr Maikanti Kacalla Baru
President Muhammadu Buhari has appointed Maikanti Kacalla Baru as the new managing director of the Nigerian National Petroleum Corporation (NNPC).
Media report continues:
Femi Adesina, special adviser to the president on media and publicity, confirmed this in a statement.
Baru replaces Ibe Kachikwu, who was appointed in August, and retained the position two months later when he was appointed minister of state for petroleum.
The statement said the board of the corporation, which was dissolved last year, had been reconstituted.
Below is the composition of the new board: Ibe Kachikwu, chairman; Maikanti Kacalla Baru, group managing director; permanent secretary of the ministry of finance.
Abba Kyari, Thomas John, Pius Akinyelure, Tajuddeen Umar, Mohammed Lawal, and Yusuf Lawal are members.
Back in October, TheCable reported that Karu, who was then the group executive director (GED) for exploration, was being tipped for the job.
Karu hails from Bauchi state.
See full statement below:
PRESIDENT BUHARI APPROVES NEW BOARD OF DIRECTORS FOR NNPC
President Muhammadu Buhari 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:
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.”
FEMI ADESINA
Special Adviser
(Media and Publicity)
July 4, 2016

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