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BREAKING: Buhari Removes Kachikwu, Appoints Maikanti As NNPC GMD

Ibe Kachikwu has been removed as the Group Managing Director (GMD) of the Nigeria National Petroleum Commission (NNPC) and replaced with Maikanti Kacalla Baru.

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.

Premium Times reports that Mr. Buhari also removed Ibe Kachikwu as group managing director of the corporation, a statement by presidential spokesperson, Femi Adesina, showed.

He however allowed him to remain as minister of state for petroleum and will serve as chairman of the new NNPC board.

The new NNPC GMD is Maikanti Kacalla Baru, according to the presidency.

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.”

Ibe Kachikwu had come under fire severally in the past few months especially for fuel scarcity that severely affected many Nigerians. Since the deregulation of the petroleum sector in May, normalcy has returned.

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