Home Uncategorized President Buhari Sacks Board Of NNPC

President Buhari Sacks Board Of NNPC


Muhammadu Buhari during the inauguration today

SaharaReporters has reliably learned that President Buhari has dissolved the governing board of the Nigerian National Petroleum Corporation (NNPC).

The board was dissolved through a memo issued by Danladi Kifasi of the Head of the Nigerian Civil Service.

Femi Adesina, the Special Adviser to Media and Publicity to President Buhari, told SaharaReporters that “you can’t make changes without having new leadership” and that the President remains “committed to cleaning up the system, and wants accountability and transparency in the oil industry.”

Mr. Adesina added that “people must be patient for the President’s next move.” Responding to public concern that the President is very slow to take action.

News of Buhari’s action to dissolve the governing board comes at a time when the NNPC has been at the center of the controversial “Missing $20 billion” scandal, which involves the former Minister of Petroleum, Mrs. Diezani Alison-Madueke.

The President is expected to reconstitute the board with one of the ‘cleaner’ Deputy Managing Directors of the NNPC in a few weeks.

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