In a significant shake-up of the Nigerian National Petroleum Company Limited (NNPCL), President Bola Ahmed Tinubu has dismissed Mele Kyari as the Group Chief Executive Officer (GCEO) and dissolved the board of the company. The President has appointed Engr. Bashir Bayo Ojulari as the new GCEO and Ahmadu Musa Kida as the non-executive chairman.
The decision, announced from the presidency, marks a strategic move in Tinubu’s administration to reposition the NNPCL and enhance transparency and efficiency in the country’s oil and gas sector. The overhaul of the board and leadership is expected to bring a new direction to the national oil company, aligning with the President’s vision for economic reforms and improved management of Nigeria’s petroleum resources.
Engr. Bashir Bayo Ojulari, the newly appointed GCEO, is an experienced professional in the oil and gas industry with a track record of leadership in various capacities. His appointment signals the government’s commitment to leveraging expertise and innovation to drive the country’s energy sector forward.
Similarly, Ahmadu Musa Kida, a seasoned administrator, has been appointed as the non-executive chairman to provide strategic oversight and ensure corporate governance standards are upheld.
President Tinubu has assured Nigerians that this leadership change will usher in a new era of accountability and efficiency at NNPCL. He emphasized that the reforms are in line with his broader economic agenda to reposition the oil sector for sustainable growth and increased revenue generation.
