BUHARI APPOINTS NEW GMD FOR NNPC

BUHARI APPOINTS NEW GMD FOR NNPC

Nigerian President Muhammadu Buhari has appointed a new head of the country's corruption-hit state oil company, weeks after after sacking the entire board, his spokesman said on Tuesday.
Buhari took office on May 29 and axed Nigerian National Petroleum Company (NNPC) chief Joseph Thlama Dawha and his directors less than a month later after vowing to tackle what he called "the evil of corruption".
Emmanuel Ibe Kachikwu's appointment as NNPC group managing director was announced in a statement from Buhari's spokesman Femi Adesina, which also listed other changes at the top of the state-run company.
No reason was given for Dawha's removal after just 10 months in the job, but changes at the much-criticised NNPC have become routine and observers believe the move may have been a prelude to an in-depth probe of its activities.
"This appointment marks the beginning of the reforms which will establish the NNPC as corporation which fights corruption and drives growth in the Nigerian economy," the company said in a statement.
Kachikwu, a former executive vice-chairman of Exxon-Mobil Africa from the coastal Delta State, is a Harvard-trained lawyer with 30 years' experience in the energy sector, according to the NNPC.
"I am excited to be taking up this challenge," Kachikwu was quoted as saying in the NNPC statement.
"Being in a position to manage the most important natural resource in Nigeria is a source of pride and responsibility for the NNPC and I am committed to taking this forward and helping the NNPC achieve its potential as a globally competitive national oil company."
Nigeria is Africa's largest oil producer, churning out roughly two million barrels of crude per day.
Ordinary people have largely not benefited from the nation's oil wealth, however, with much of the revenue lost to graft.
The NNPC is regarded as one of the world's most opaque and corrupt publicly-controlled oil firms and has been linked to the massive theft of vast crude revenues.
ovuema-elijah.blogspot.comBUHARI APPOINTS NEW GMD FOR NNPC

Comments

Post a Comment

Popular posts from this blog

Image
Sochi 2014: Skier Jacky Chamoun's topless photos cause stir in Lebanon By Matt Majendie and Mohammed Jamjoom, CNN updated 6:19 PM EST, Thu February 13, 2014 Olympian exposed as topless pics surface STORY HIGHLIGHTS NEW: Supporters rally to skier Chamoun's defense, pose topless in solidarity The athlete apologizes on Facebook over topless photos and video Photos taken for ski calendar three years ago Lebanese author Joumana Haddad says saga has been blown out of proportion Follow us at @WorldSportCNN and like us on Facebook (CNN) -- Like most skiers in Sochi, Jacky Chamoun had hoped to cause a stir on the slopes rather than off them. But the Lebanese athlete, who is set to compete in the slalom and giant slalom at the Winter Olympics, has been forced to apologize after photos and a video of her topless from a fashion shoot dating back three years ago surfaced. The footage, part of a behind-the-scenes look at her posing for
Read more

Nigerians Sold To 666 As Foreign Mastercard Co. To Control Identity, Bank, Health and All Information of Citizens (Newsresue.com)

Image
Nigerians Sold To 666 As Foreign Mastercard Co. To Control Identity, Bank, Health and All Information of Citizens (Newsresue.com)  Nigeria is commencing the transfer of its people’s entire life information, identity, banking, health, driving and all other records to the foreign Mastercard company in the new “Identity scheme.” The Jonathan administration is currently moving ahead to launch this controversial delivery of the citizen’s private data to a foreign global finance company. The Jonathan administration has been noticed to be speeding up several sabotaging privatizations and transfers of citizens rights and national assets ahead of the upcoming elections. 13 Million Cards to be issued first, in largest card rollout of its kind in Africa Cape Town, South Africa – May 8, 2013  – The Nigerian National Identity Management Commission ( NIMC ) and  MasterCard  today announced at the World Economic Forum on Africa the roll-out of 13 million MasterCard-branded
Read more

A Book About Gov. Amaechi, Tinibu's Comments during the Public Presentation

Image
A Book About Gov. Amaechi, Tinibu's Comments during the Public Presentation Bola Tinubu, the national leader of the All Progressives Congress (APC) gave an address during the public presentation of ‘Dynamics of Change: The Amaechi Years’ , May 14 2015 A Book About Gov. Amaechi, Tinibu's Comments during the Public Presentation The book was written about Rotimi Amaechi, the governor of Rivers state. The launch was chaired by Hon. Justice Adolphus Karibi-Whyte with eminent guests, Asiwaju Bola Ahmed Tinubu, Bishop Matthew Hassan Kukah as the book reviewer amongst others. The Nobel laureate Professor Wole Soyinka wrote the foreword to the book. Prof. Soyinka, a long time friend of Ameachi took time off his seemingly tight schedule to write a very thought provoking and incisive foreword which becomes an affirmation of what this book stands for, a veritable testimony to its import in the evolving political history of Nigeria. Speaking at the launch Tinubu de
Read more