President Bola Tinubu, in a sweeping reconstitution of the Nigerian National Petroleum Company, NNPC, Limited board, has sacked the Group Chief Executive Officer, GCEO, Mallam Mele Kolo Kyari, and the board chairman, Chief Pius Akinyelure.

President Tinubu also removed all other board members appointed with Akinyelure and Kyari in November 2023.

This was made public via a statement issued in the early hours of Wednesday by the presidential spokesman, Bayo Onanuga.

According to the statement, the new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.

The statement further stated that Adedapo Segun, who replaced Umaru Isa Ajiya as the chief financial officer last November, has been appointed to the new board by President Tinubu.

Six board members, non-executive directors, represent the country’s geopolitical zones. They are Bello Rabiu, North West; Yusuf Usman, North East; and Babs Omotowa, a former managing director of the Nigerian Liquefied Natural Gas (NLNG), who represents North Central.

President Tinubu appointed Austin Avuru as a non-executive director from the South-South, David Ige as a non-executive director from the South-West, and Henry Obih as a non-executive director from the South-East.

Mrs Lydia Shehu Jafiya, permanent secretary of the Federal Ministry of Finance, will represent the ministry on the new board, while Aminu Said Ahmed will represent the Ministry of Petroleum Resources.

Continuing, the statement said, “All the appointments are effective today, April 2.

“President Tinubu, invoking the powers granted under Section 59, subsection 2 of the Petroleum Industry Act, 2021, emphasised that the board’s restructuring is crucial for enhancing operational efficiency, restoring investor confidence, boosting local content, driving economic growth, and advancing gas commercialisation and diversification.


https://www.vanguardngr.com/2025/04/breaking-tinubu-sacks-kyari-nnpcl-board-appoints-engr-ojulari-as-new-gceo/