Fresh facts have emerged as to the underlying reasons the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, was removed as the Group Managing Director of the Nigeria National Petroleum Corporation(NNPC), after serving in that capacity for a period of 11 months.
Before his appointment as GMD of NNPC last August, he was the Executive Vice Chairman and General Counsel for Exxon Mobil (Africa).
Armed with private sector experience, Kachikwu, on assumption of office, introduced some swift reforms geared towards the […]
Minister of State for Petroleum Resources, Ibe Kachikwu, handed over to the new Group Managing Director NNPC,Maikanti Baru, today July 8th.
Kachikwu will now assume the position of Chairman of the
According to reports reaching ADELOVE, President Muhammadu Buhari has removed Ibe Kachikwu as GMD of the Nigerian National Petroleum Corporation, NNPC.
He has also constituted a new board to be chaired by Maikanti Baru as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended.
A statement by presidential spokesperson, Femi Adesina showed that Kachikwu remains minister of state for petroleum and will serve as chairman of the NNPC board.
The new board is composed of the […]