President Muhammadu Buhari has appointed the Board and Management of the Nigerian National Petroleum Company Limited, in accordance with the power vested in him under Section 59(2) of the Petroleum Industry Act 2021.
The Board has as its Chairman, Senator Margret Chuba Okadigbo (South East), Mele Kolo Kyari, Chief Executive officer, and Umar Ajiya, Chief Financial officer among others.
The appointments take effect from the date of the incorporation of the NNPC limited.
Also appointed are Executive Commissioners of the Nigerian Upstream Petroleum Regulatory Commission.
Earlier appointed are the Board Chairman, CEO, Executive Commissioner, Exploration and Acreage Management, and Executive Commissioner, Finance and Accounts.
It will be recalled that President Buhari had last September written the senate on the administrative structure amendments to the petroleum industry act, which included appointment of non-executive board members, removal of the ministries of petroleum and finance from the board of the two new institutions, and appointment of executive directors.