Buhari suspends inauguration of NNPC board

By our reporter/ President Muhammadu Buhari on Tuesday called off the inauguration of the newly constituted board of the Nigerian National Petroleum Company Limited (NNPC) scheduled for November 24.

Boss Mustapha, secretary to the government of the federation (SGF), who made the disclosure in a statement, said the government will announce a new date soon.

“President Muhammadu Buhari has directed the immediate suspension of the inauguration of the newly constituted Board of the Nigerian National Petroleum Company Limited scheduled for Wednesday, November 24, 2021, until further notice,” the statement reads.

“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.”

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President Buhari in September appointed the new board members of the NNPC and set a two-year timeline for the incorporation of NNPC Limited.

Ifeanyi Ararume was appointed as chairman of the board while Mele Kolo Kyari and Umar I. Ajiya will serve as chief executive officer and chief financial officer, respectively

Other board members are Tajudeen Umar (north-east), Lami O. Ahmed (north-central), Mohammed Lawal (north-west), Margaret Chuba Okadigbo (south-east), Constance Harry Marshal (south-south), and Pius Akinyelure (south-west).

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