President Buhari sacks the Managing Director of NNPC.

President Buhari has removed Ibe Kachikwu as the group Managing director of the NNPC and replaced him with Maikanti Baru. According to a press statement released today in Abuja, the

president office stated that Kachikwu as the minister for State for Petroleum will now be the chairman of the Board of the NNPC.

The statement reads: "Pres. Buhari has approved the composition of the Board of the NNPC, as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended. The new board is composed of the following: 1. Chairman-Dr Emmanuel Ibe Kachikwu, Honourable Minister of State for Petroleum; 2. Group Managing Director- Dr Maikanti Kacalla Baru; 3. The Permanent Secretary of the Federal Ministry of Finance; and 4.

The following six persons: 1. Mallam Abba Kyari 2. Dr Thomas M.A John 3. Dr Pius O. Akinyelure 4. Dr Tajuddeen Umar 5. Mallam Mohammed Lawal, and 6. Mallam Yusuf Lawal. Pres. Buhari urges the new board to ensure the successful delivery of the mandate of the NNPC, and serve the nation by upholding the public trust placed on them in managing this critical national asset.”