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