President Muhammadu Buhari has sacked Maikanti Baru and has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation.
NNPC’s Group General Manager, Group Public Affairs Division, Ndu Ughamadu, who disclosed this in Abuja on Thursday, stated that President Buhari also appointed alongside Kyari, seven new Chief Operating Officers.
Kyari is a geologist, and was Group General Manager, Crude Oil Marketing Division of NNPC, since May 13, 2018, as Nigeria’s National Representative to the Organization of the Petroleum Exporting Countries.
Buhari has directed that the new GMD and the newly appointed Chief Operating Officers work with the current occupiers of the various offices till July 7, 2019 towards a smooth transition on July 8, 2019, when their appointments would take effect.
The NNPC, however, stated that the appointment of Mr. Farouk Garba who is from the North West, who is replacing a retiring Chief Operating Officer, is effective from June 28, 2019.
The newly appointed Chief Operating Officers include: Mr. Roland Onoriode Ewubare (South-South) – Chief Operating Officer, Upstream; Mustapha Yinusa Yakubu (North Central) – Chief Operating Officer Refining and Petrochemicals; Yusuf Usman (North East) – Chief Operating Officer, Gas and Power; and Lawrencia Nwadiabuwa Ndupu (South East), Chief Operating Officer Ventures.
Others are: Umar Isa Ajiya (North West) – Chief Financial Officer; Adeyemi Adetunji (South West) – Chief Operating Officer, Downstream; and Farouk Garba Said (North West) – Chief Operating Officer, Corporate Services.
Ughamadu stated that Baru had congratulated the new appointees.
According to the corporation, Kyari is a quintessential crude oil marketer with prerequisite certification and outfield pedigree in petroleum economics and crude oil and gas trading.
Daily tells understands that Kyari has been in the oil sector for almost 27 years, the new NNPC boss had traversed the entire value chain of the petroleum industry, with exceptional records of performance.
NNPC said under Kyari’s watch, the Crude Oil Marketing Division had recorded noticeable transformation in the management and sales of various Nigeria’s crude oil grades via an infusion of transparency and automation of the processes.
Kyari is the 19th Group Managing Director of the national oil company.
Kyari’s appointment and others appointed by the president will take effect on July 8, 2019.