NNPC Get new management board. President Bola Tinubu has granted approval for the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL), effective from December 1, 2023.
This decision, as announced in a statement on Monday by the presidential spokesman, Ajuri Ngelale, is in accordance with Section 59 (2) of the Petroleum Industry Act 2021.
President Tinubu has expressed the expectation of full compliance with the performance-driven and results-oriented mandate of his Renewed Hope administration.
The focus is on implementing an energy policy that maximizes the utilization of all available oil and gas resources today.
The president emphasized that this policy will lay the foundation for the comprehensive exploitation of new and cleaner energy sources by the distinguished team in the future.
The appointed members of the board and management team are as follows:
1. Chief Pius Akinyelure — Non-Executive Board Chairman
2. Mallam Mele Kolo Kyari — Group Chief Executive Officer
3. Alhaji Umar Isa Ajiya — Chief Financial Officer
4. Mr. Ledum Mitee — Non-Executive Director
5. Mr. Musa Tumsa — Non-Executive Director
6. Mr. Ghali Muhammad — Non-Executive Director
7. Prof. Mustapha Aliyu — Non-Executive Director
8. Mr. David Ogbodo — Non-Executive Director
9. Ms. Eunice Thomas — Non-Executive Director
NNPC get new management board
Additionally, President Tinubu has approved the appointment of two Permanent Secretaries:
10. Mr. Okokon Ekanem Udo — Permanent Secretary, Federal Ministry of Finance
11. Amb. Gabriel Aduda — Permanent Secretary, Federal Ministry of Petroleum Resources
The composition of the board and management team reflects a blend of experienced professionals across various fields, indicating a commitment to competence and diversity.
The emphasis on compliance with the Petroleum Industry Act underscores the administration’s dedication to legal frameworks in the energy sector.
President Tinubu’s vision, as articulated in the statement, aligns with a forward-looking energy policy.
This policy not only seeks to optimize existing oil and gas resources but also positions the country for the future by exploring and embracing cleaner energy alternatives.
The president’s strategic approach aims to ensure sustainable energy practices and maximize Nigeria’s potential as a key player in the global energy landscape.
As the new leadership assumes their roles on December 1, 2023, expectations are high for their proactive efforts in steering the Nigerian National Petroleum Company Limited towards greater efficiency, transparency, and innovation in the ever-evolving energy sector.
The appointments of both board members and Permanent Secretaries are seen as integral to advancing the nation’s energy agenda and contributing to its economic development.