The President also approved the composition of the boardÂ of the NNPC.Â In a statement issued on Monday by the Special Adviser media andÂ Publicity to the President, Mr. Femi Adesina, the new board isÂ expected to be chaired by the Minister of State for Petroleum, Dr. IbeÂ Kachikwu.
Buhari Sacks Ibe Kachikwu As NNPC GMD
By Wahab Akanji, Abuja
President Muhammadu Buhari has sacked Ibe Kachikwu as the Group Managing Director of theÂ Nigerian National Petroleum Corporation (NNPC).
According to Adesina, the move is in furtherance of Section 1(2) ofÂ the Nigerian National Petroleum Corporation Act of 1997, as amended.
Apart from Kachikwu, the new board is composed of the Group Managing Â Director of the NNPC, Dr Maikanti Kacalla Baru; Permanent Secretary ofÂ the Federal Ministry of Finance.
Other members such as Mallam Abba Kyari, Dr Thomas M.A John, Dr PiusÂ O. Akinyelure, Dr Tajuddeen Umar, Mallam Mohammed Lawal, and MallamÂ Yusuf Lawal.