ECONOMY
VON DG lauds Buhari on broad-based NNPC Board
Mr Osita Okechukwu, Director General, Voice of Nigeria (VON), has commended President Muhammadu Buhari for putting together a broad-based board for the newly created Nigerian National Petroleum Corporation (NNPC) Limited.
Okechukwu, who gave the commendation in Abuja, noted that Buhari demonstrated experience and institutional knowledge of the petroleum industry in appointing members of the board.
He specifically praised the President for obliging Nd’Igbo the slot of chairman, as well as the appointment of wife of former Senate President, Chuba Okadigbo, and his first vice presidential candidate, Lady Margery Okadigbo into the eight-member board.
Okechukwu explained that President’s action was in consonance with Section 53(1) of the Petroleum Industry Act, 2021.
According to Okechukwu, the PIA requires the Minister of Petroleum Resources to cause for the incorporation of the NNPC Limited within six months of commencement of the Act in consultation with the Minister of Finance on the nominal shares of the company.
“The president has directed Group Managing Director of the NNPC, Mele Kolo Kyari, to take necessary steps to ensure that the incorporation of the NNPC Limited is consistent with the provisions of the PIA 2021,” he said.
The VON DG commended Buhari for his show of tremendous respect for the dictates of the law.
“By the power vested on him under sections 59(2) of PIA 2021, Buhari approved the appointment of the Board and Management of the NNPC Limited, with effect from the date of incorporation of the company,” he said.
“For us the Buharists, who know that the President doesn’t nurse any animosity against Ndigbo; it is a vindication that he has not forgotten Ndigbo as being bandied by his traducers.
“Most importantly, one thanks Mr President immensely for these appointments in the hope that he will further work towards closing the chapter of Igbo marginalisation by supporting the election of a Nigerian President of Igbo extraction in 2023,” he said.
According to a statement by the Presidency, Sen. Ifeanyi Ararume is to chair the board, while Mele Kyari and Umar Ajiya are Chief Executive Officer, and Chief Financial Officer, respectively.
Other members of the board included Dr Tajudeen Umar (North East), Mrs Lami Ahmed (North Central), Mallam Mohammed Lawal (North West), Sen. Margaret Chuba Okadigbo (South East), Mrs Constance Harry Marshal (South South), and Chief Pius Akinyelure (South West).