TheCable

President Bola Tinubu has approved the appointment of the board and management team of the Nigerian National Petroleum Company (NNPC) Limited.

TheCable had reported earlier that Tinubu retained Mele Kyari as the group chief executive officer and appointed Pius Akinyelure as the non-executive board chairman.

In a statement on Monday, Ajuri Ngelale, the special adviser to the president on media and publicity, said Tinubu also retained Umar Isa Ajiya as the chief financial officer.

The appointments included six non-executive directors: Ledum Mitee, Musa Tumsa, Ghali Muhammad, Mustapha Aliyu, David Ogbodo and Eunice Thomas.

Furthermore, Tinubu approved the appointment of Okokon Ekanem Udo as permanent secretary, federal ministry of finance and Gabriel Aduda, permanent secretary, federal ministry of petroleum resources.

Ngelale said the appointments will take effect from December 1.

“In compliance with Section 59 (2) of the Petroleum Industry Act, 2021, President Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL) with effect from December 1, 2023,” he said.

“President Tinubu anticipates the fullest measure of compliance with the performance-driven and results-oriented mandate of his Renewed Hope administration in the implementation of energy policy that will monetize all available oil and gas resources of today while paving the way for the total exploitation of new and cleaner energy sources of tomorrow by this distinguished team.”

In September, NNPC appointed Oritsemeyiwa Eyesan as executive vice-president, upstream; Olalekan Ogunleye, executive vice-president, gas, and new energy; and Adedapo Segun, executive vice-president, downstream.