In a significant move to reform Nigeria’s oil and gas sector, President Bola Ahmed Tinubu has reconstituted the board of the Nigerian National Petroleum Company (NNPC) Limited. This restructuring includes the removal of Chief Pius Akinyelure as chairman and Mallam Mele Kolo Kyari as the Group Chief Executive Officer (GCEO), along with other board members appointed in November 2023.

Moving on, the newly appointed 11-member board features Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as the non-executive chairman. Adedapo Segun, who assumed the role of Chief Financial Officer (CFO) in November, retains his position on the reconstituted board.

Representing Nigeria’s geopolitical zones, the six newly appointed non-executive directors are:

• Bello Rabiu (North West)

• Yusuf Usman (North East)

• Babs Omotowa (North Central), former Managing Director of the Nigerian Liquefied Natural Gas (NLNG)

• Austin Avuru (South-South)

• David Ige (South West)

• Henry Obih (South East)

Additionally, Mrs. Lydia Shehu Jafiya, Permanent Secretary of the Federal Ministry of Finance, and Aminu Said Ahmed from the Ministry of Petroleum Resources will serve as representatives on the board.

President Tinubu emphasized that this restructuring aims to enhance operational efficiency, restore investor confidence, boost local content, drive economic growth, and advance gas commercialization and diversification. Indeed, he has directed the new board to conduct a strategic portfolio review of NNPC-operated and joint venture assets to ensure alignment with value maximization objectives.

Profiles of Key Appointees:

1. Ahmadu Musa Kida

He is the new non-executive chairman from Borno State, holds a degree in civil engineering from Ahmadu Bello University, Zaria, and a postgraduate diploma in petroleum engineering from the Institut Francaise du Petrol (IFP) in Paris.

Also, he has held significant positions at Elf Petroleum Nigeria and Total Exploration and Production, including Deputy Managing Director of Deep Water Services at Total Nigeria.

In 2024, he became an Independent Non-Executive Director at Pan Ocean-Newcross Group. Beyond his oil industry career, Kida is known for his tenure as president of the Nigerian Basketball Federation.

2. Bashir Bayo Ojulari

Similarly, he is the new Group CEO from Kwara State, graduated in Mechanical Engineering from Ahmadu Bello University, Zaria. He began his career at Elf Aquitaine and later joined Shell Petroleum Development Company of Nigeria Ltd in 1991.

In addition, Ojulari has international experience, having worked in Europe and the Middle East in various capacities, including petroleum process and production engineer, strategic planner, field developer, and asset manager.

In 2015, he became the Managing Director of Shell Nigeria Exploration and Production Company (SNEPCO). Most recently, he served as Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company, leading a consortium in the acquisition of Shell’s equity holdings in Nigeria for $2.4 billion.

Moreover, Tinubu administration has been implementing reforms in the oil sector to attract investment. Also, In 2023 NNPC reported $17 billion in new investments, with a vision to increase this to $30 billion by 2027 and $60 billion by 2030.

Furthermore, the administration also aims to raise oil production to two million barrels daily by 2027 and three million by 2030, while increasing gas production to eight billion cubic feet daily by 2027 and ten billion cubic feet by 2030.

Additionally, President Tinubu expressed gratitude to the outgoing board members for their dedicated service, particularly mentioning their efforts in rehabilitating the Port Harcourt and Warri refineries, which resumed petroleum product production after prolonged shutdowns. He extended his best wishes for their future endeavors.

In a heartfelt gesture of solidarity, Peter Obi, the former presidential candidate of the Labour Party, journeyed to Katsina State to personally extend his condolences to Governor Dikko Umaru Radda following the loss of his mother, Hajiya Safara’u Umaru Barbari.

The matriarch passed away on Saturday night at the age of 93, leaving behind a legacy of strength and wisdom that profoundly impacted her community.

During his visit, Obi expressed deep sympathy for the governor and his family, acknowledging the profound grief that accompanies the loss of a mother. He conveyed his prayers and support, hoping to offer some comfort during this period of mourning.

Obi emphasized his solidarity with Governor Radda, his immediate family, and the extended Barbari family as they navigate this challenging time.

Hajiya Safara’u Umaru Barbari was celebrated as a woman of remarkable strength and dignity, whose wisdom and grace touched the lives of many. Beyond her role as Governor Radda’s mother, she was a nurturing figure to generations, guiding not just her family but also serving as a beacon of inspiration in her community.

Her children include Alhaji Kabir Umar Radda, the current Village Head of Radda, and Hajiya Hauwa Umar Radda, former wife of the late President Umaru Musa Yar’adua.

The passing of Hajiya Safara’u has elicited condolences from various quarters. President Bola Tinubu described her as a selfless woman who nurtured generations of leaders who excelled in different endeavors. He noted that she left behind a legacy of integrity and community service that has permeated far and near.

Similarly, the Southern Governors Forum (SGF) expressed their condolences, acknowledging her immense role in raising and nurturing her children, including Governor Radda. They noted her lifelong service to her community and the people of Katsina State, noting that her contributions were a source of comfort to those mourning her loss.

The Northern States Governors’ Forum also extended their heartfelt condolences, describing Hajiya Safara’u as a virtuous and upright mother who lived a fulfilled life marked by deep devotion to Allah and unwavering service to humanity.

They noted that her passing was a significant loss, particularly at a time when her wisdom and elderly counsel were still much needed by her children, grandchildren, and the current generation of leaders.

In his message, Obi prayed that the Almighty Allah forgives her sins and grants her eternal rest in His kingdom. He also wished Governor Radda and his family the strength to bear this loss with fortitude and grace.

American Billionaire, Elon Musk responds to alleged baby mama, Ashley St. Clair, claims against his neglection of child support payments.

The alleged baby mama, Ashley, takes to her X page to lament on the reduction of child support payment. She shares that Elon Musk reduced the payment by 60% causing her to sell her car to provide for the child.

Elon Musk the steps out to share the amount of money he has given her, he also states that he isn’t still sure if the child is his.

“I don’t know if the child is mine or not. But am not against finding out. No court order is Despite not knowing for sure, I’ve given Ashley $2.5M and am sending her $500k yearly”.