President Muhammadu Buhari has ordered the immediate suspension of the inauguration of the newly constituted Board of the Nigerian National Petroleum Company (NNPC) Limited scheduled to hold today, Wednesday, November 24, 2021.
This was disclosed in a statement by the Secretary to the Government of the Federation (SGF), Boss Mustapha, who expressed regrets for the development.
“President Muhammadu Buhari has directed the immediate suspension of the inauguration of the newly constituted Board of the Nigerian National Petroleum Company Limited (NNPC) scheduled for Wednesday, November 24 2021, until further notice.
“A new date for the inauguration of the Board will be announced in due course.
“We deeply regret inconveniences caused to members by this suspension, please,” the statement said.
The President had, on September 19, constituted the Board following the signing of the Petroleum Industry Act (PIA) into law.
Senator Ifeanyi Ararume is to chair the Board while Mele Kolo Kyari and Umar I. Ajiya were appointed Chief Executive Officer and Chief Financial Officer, respectively.
Other Board Members include Dr Tajudeen Umar (North East), Mrs Lami O. Ahmed (North Central), Mallam Mohammed Lawal (North West), Senator Margaret Chuba Okadigbo (South East), Barrister Constance Harry Marshal (South-South), and Chief Pius Akinyelure (South West),” the statement read.
