President Muhammadu Buhari has directed the immediate suspension of the inauguration of the newly constituted board of the Nigerian National Petroleum Company (NNPC) Limited. The Secretary to the Government of the Federation, Mr. Boss Mustapha, announced this yesterday in a statement, titled ‘Suspension of Inauguration of Newly Constituted Board of NNPC LTD.’ The inauguration was scheduled to hold on Wednesday but has now been on hold till further notice. Mr. Mustapha however declined to state the reason for the postponement. “President Muhammadu Buhari has directed the immediate suspension of the inauguration of the newly constituted Board of the Nigerian National Petroleum Company Limited (NNPC) scheduled for Wednesday 24th November 2021 until further notice.”
“A new date for the inauguration of the Board will be announced in due course. We deeply regret inconveniences caused to members by this suspension, please,” Mustapha said.
President Buhari had in September named the new board of the NNPC.
The President appointed a former senator, Ifeanyi Ararume, as the Chairman of the Board, with Umar Ajiya being the Chief Financial Officer.
Other board members include Constance Marshal (South South), Pius Akinyelure (South West), Margaret Chuba Okadigbo (South East), Tajudeen Umar (North East), Lami Ahmed (North Central), Mohammed Lawal (North West).
