President Buhari approves appointment of Board and Management of NNPC Limited with Senator Ifeanyi Ararume as Chairman

President Buhari approves appointment of Board and Management of NNPC Limited with Senator Ifeanyi Ararume as Chairman

President Muhammadu Buhari has approved the appointment of the Board and Management of the Nigerian National Petroleum Company Limited with Senator Ifeanyi Ararume as Chairman.

This is even as he directed that the Nigerian National Petroleum Company Limited be incorporated.

Special Adviser to the President on Media, Femi Adesina said the President appointed the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, as the Chief Executive Officer, adding that his principal acted in accordance with the Petroleum Industry Act 2021.

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According to the presidential spokesman, NNPC GMD has been directed to take necessary steps to ensure that the incorporation of the oil company is consistent with the provisions of the PIA 2021.

Adesina explained that Senator Ifeanyi Ararume will serve as the Chairman of the Board, with Umar I. Ajiya being the Chief Financial Officer.

Apart from Kyari, other board members are; Dr Tajudeen Umar (North East),  Lami O. Ahmed (North Central), Mallam Mohammed Lawal (North West), Senator Margaret Chuba Okadigbo (South East), Barrister Constance Harry Marshal (South South), and Chief Pius Akinyelure (South West).

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