President Bola Tinubu has appointed Engineer Bashir Bayo Ojulari to replace Mele Kyari as the Nigerian National Petroleum Company (NNPC) Limited group chief executive officer (CEO).
Presidential spokesman Bayo Onanuga, in a statement early Wednesday, said Tinubu also sacked the NNPCL board chairman Chief Pius Akinyelure who was replaced by Ahmadu Musa Kida.
Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023.
“The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman,” Onanuga said.
Adedapo Segun, who replaced Umaru Isa Ajiya as the chief financial officer last November, has been appointed to the new board by President Tinubu.
Six board members, non-executive directors, represent the country’s geopolitical zones. They are Bello Rabiu, North West, Yusuf Usman, North East, and Babs Omotowa, a former managing director of the Nigerian Liquified Natural Gas( NLNG), who represents North Central.