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ARTICLE · 02 MAY 2025

The Conduit March 2025

President Bola Ahmed Tinubu (the "President") has reconstituted the board of the Nigerian National Petroleum Company Limited (NNPCL)

NigeriaEnergy and Natural Resources

PETROLEUM

NNPCL REFORM: PRESIDENT BOLA AHMED TINUBU RECONSTITUTES NNPC LIMITED'S BOARD, APPOINTS NEW CHAIRMAN AND GROUP CHIEF EXECUTIVE OFFICER

President Bola Ahmed Tinubu (the "President") has reconstituted the board of the Nigerian National Petroleum Company Limited (NNPCL) and appointed a new Group Chief Executive Officer, Bashir Bayo Ojulari. Until his appointment, he was the Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company (which recently acquired the entire share capital of Shell Petroleum Development Company Limited) and was formerly Managing Director of Shell Nigeria Exploration and Production Company.

The new 11-man board appointed by the President is headed by Ahmadu Musa Kida, who was formerly Deputy Managing Director, Deep Water Services of Total Nigeria, as non-executive chairman and includes Adedapo Segun who is currently the Chief Financial Officer of NNPCL, Bello Rabiu, Yusuf Usman, Babs Omotowa, Austin

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