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Buhari sacks Baru as NNPC GMD, appoints Kyari

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Nigeria owes $5.1bn in joint venture cash calls

Dr. Maikanti Baru will by July 7 cease to be the Group Managing Director (GMD) for the Nigerian National Petroleum Corporation (NNPC).

The development followed President Muhammadu Buhari’s appointment of Mr. Mele Kolo Kyari as new NNPC boss. He is to take charge from July 7, 2019.

This was made public Thursday morning in Abuja, by the NNPC’s Group General Manager, Group Public Affairs Division, Ndu Ughamadu.

According to him, President Buhari also appointed seven new chief operating officers for the state–owned oil company.

The new officers are Mr. Roland Onoriode Ewubare (South-South), Chief Operating Officer, Upstream;

Engineer Mustapha Yinusa Yakubu (North-Central), Chief Operating Officer, Refining and Petrochemicals; Engineer Yusuf Usman (North-East), Chief Operating Officer, Gas and Power; Ms. Lawrencia Nwadiabuwa Ndupu (South-East), Chief Operating Officer, Ventures; Mr. Umar Isa Ajiya (North-West) – Chief Financial Officer; Engineer Adeyemi Adetunji (South-West),Chief Operating Officer, Downstream; and Mr. Farouk Garba Said (North-West), Chief Operating Officer, Corporate Services, whose appointment takes effect from 28th June, 2019.

READ ALSO: Buhari extends Idris’ tenure as AGoF

The President also directed that the new appointees work with the current occupants of the various positions between now and 7th July, 2019 towards a smooth transition on 8 July, 2019.

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