Buhari replaces Kachikwu with Thomas John as NNPC chair 

Buhari replaces Kachikwu with Thomas John as NNPC chair 

President Muhammadu Buhari has ended the tenure of the Governing Board of the Nigerian National Petroleum Corporation and the former Minister of State

Fidelity Bank clarifies reports of man singing outside its branch
UBA’s LEO celebrates three years of revolutionised banking services
Abuja airport closure: Helicopter service available for N50k from Kaduna to Abuja

President Muhammadu Buhari has ended the tenure of the Governing Board of the Nigerian National Petroleum Corporation and the former Minister of State for Petroleum Resources, Dr Ibe Kachikwu and has appointed Dr Thomas John in his place.

The acting alternate chairman of NNPC’s Group Managing Director, Maikanti Baru, who announced this in Abuja, stated that the new board chairman would hold the position until the appointment of a new Minister or Minister of State for Petroleum Resources by the President. Baru also said the new chairman’s appointment was with immediate effect.

The GMD said, Dr Thomas John, a former Group Managing Director of the NNPC, is before the appointment, a member of the NNPC Governing Board.
“He (John) will hold the position of the Acting Alternate Chairman of the Governing Board until a new Minister of Petroleum Resources or Minister of State for Petroleum Resources is appointed to assume the Chairmanship or Alternate Chairmanship position, respectively in line with Sections 1(3) and 2(1) of the NNPC Act. The new appointment takes effect immediately.”

The NNPC had seen series of changes in various management positions in recent weeks. Last week, the President appointed Mr Mele Kyari as the new Group Managing Director of the corporation, who would assume office after the end of the current GMD’s tenure on July 7, 2019.

The President also appointed seven new Chief Operating Officers for the corporation.