BREAKING: Buhari Makes Nigerian National Petroleum Company A Corporation, Appoints Board Members | Sahara Reporters

Buhari is also the Minister of Petroleum Resources, a position he has reserved for himself since he came to power in 2015.

9/19/2021 4:47:00 PM

BREAKING: MBuhari Makes Nigerian National Petroleum Company NNPCgroup A Corporation, Appoints Board Members | Sahara Reporters

Buhari is also the Minister of Petroleum Resources, a position he has reserved for himself since he came to power in 2015.

Sep 19, 2021President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Company (NNPC) Limited.President BuhariThe development was announced in a statement on Sunday, signed by his Special Adviser on Media and Publicity, Femi Adesina. 

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According to the statement, the move by Buhari is in"consonance with Section 53(1) of the Petroleum Industry Act 2021, which requires the Minister of Petroleum Resources to cause for the incorporation of the NNPC Limited within six months of commencement of the Act in consultation with the Minister of Finance on the nominal shares of the Company".

"The Group Managing Director of the NNPC, Mr Mele Kolo Kyari, has, therefore, been directed to take necessary steps to ensure that the incorporation of the NNPC Limited is consistent with the provisions of the PIA 2021."Also, by the power vested in him under Section 59(2) of the PIA 2021, President Buhari has approved the appointment of the Board and Management of the NNPC Limited, with effect from the date of incorporation of the Company. headtopics.com

"Chairman of the Board is Senator Ifeanyi Ararume, while Mele Kolo Kyari and Umar I. Ajiya are Chief Executive Officer, and Chief Financial Officer, respectively."Other Board Members are; Dr Tajudeen Umar (North East), Mrs 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)," the statement further read. 

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MBuhari NNPCgroup Asari Dokubo should have been appointed the Chairman. MBuhari NNPCgroup Fulani controlled company MBuhari NNPCgroup All na to swindle money. As minister of Petroleum in 1976 =N=2.8 billion naira disappeared under Buhari's watch till today nobody hear am. I don't know why he likes NNPC like this?

MBuhari NNPCgroup When all the leaders in the country is clueless what do you expect... Share this country give people their portion dem say No. Oya make lives better for people No. Wetin una want ? Nothing just stay as one Nigeria... This DOOOM MBuhari NNPCgroup This administration just can't do anything right to save their lives. I mean, Buhari will find the most corrupt person on planet zoo to make the minister of the most corrupt entity, with the most corrupt law backing it up.

MBuhari NNPCgroup This man is disaster to this country MBuhari NNPCgroup E no go pass this ole's in his government this man is a disaster I must say MBuhari NNPCgroup NNPC is currently a corporation but is now being made a limited liability company. Not the other way round MBuhari NNPCgroup Dem don secretly sell Nnpc collect change

MBuhari NNPCgroup Parasites from the foot hills of futojalon who produces nothing but steals everything. MBuhari NNPCgroup Let's pray for Nigeria☹️

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MBuhari NNPCgroup Sowore Reporters has no way of painting this news as a negative one? 🤭 I didn't see anywhere that keyword 'regime' was used too. No foreign grants for Sowore Reported for doing a shoddy job. What a wah woo! 🤣 MBuhari NNPCgroup iam_lumpur MBuhari NNPCgroup Just imagine the Board members of NNPC?

MBuhari NNPCgroup Ole olori ole MBuhari NNPCgroup You go sha leave there after next year with the boil wey dey near your mumu mouth MBuhari NNPCgroup Bubu🤐🚶🏻‍♂️

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