Buhari sacks Kachikwu as  GMD of NNPC


…appoints new board
President Muhammadu Buhari monday stripped the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu of the position of the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC).
According to the statement which Special Adviser, (Media and Publicity) Mr. Femi Adesina issued in Abuja, Dr Maikanti Kacalla Baru, is now the GMD of the corporation.
The statement however noted that Kachikwu is the chairman of the board of directors, which has the Chief of Staff to the President, Mallam Abba Kyari as a member.
Other members of the board are the Permanent Secretary, Federal Ministry of Finance, Dr. Mahmoud Isah Dutse and Dr Pius O. Akinyelure, Dr Tajuddeen Umar, Mallam Mohammed Lawal, and Mallam Yusuf Lawal.
The statement which was titled “Buhari approves new board of directors for NNPC,” reads in parts “President Muhammadu Buhari has approved the composition of the Board of the Nigerian National Petroleum Corporation (NNPC), as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended.
“The new board is composed of the following: A Chairman-Dr Emmanuel Ibe Kachikwu, Honourable
Minister of State for Petroleum; B. Group Managing Director-Dr Maikanti Kacalla Baru; C. The Permanent Secretary of the Federal Ministry of Finance; and D. The following six persons: 1. Mallam Abba Kyari, 2. Dr Thomas M.A John, 3. Dr Pius O. Akinyelure, 4. Dr Tajuddeen Umar, 5. Mallam Mohammed Lawal, and 6. Mallam Yusuf Lawal.
“President Buhari urges the new board to ensure the successful delivery of the mandate of the NNPC, ” and serve the nation by upholding the public trust placed on them in managing this critical national asset

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Source:: Nigerian Pilot