PMB Appoints Dr. Maikanti Baru As NNPC GMD

Dr. Maikanti Baru is the new Group Managing Director of the Nigerian National Petroleum Corporation, NNPC as appointed by PMB. Buhari also approved the composition of the board of the corporation, which is provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended. The new board is chaired by the Minister of State for Petroleum, Dr. Ibe Kachikwu, with the Group Managing Director, NNPC, Dr Maikanti Baru and the Permanent Secretary of the Ministry of Finance as members. Other members include Mallam Abba Kyari, Dr. Thomas John, Dr. Pius Akinyelure, Dr. Tajuddeen Umar; Mallam Mohammed Lawal and Mallam Yusuf Lawal.

In a statement by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, yesterday, President Buhari urged the new board to ensure the successful delivery of the mandate of NNPC, and “serve the nation by upholding the public trust placed on them in managing this critical national asset.”

The reconstitution of the NNPC Board, with the Minister of State for Petroleum Resources as Chairman, follows the pattern adopted by past governments. In the immediate past administration of former President, Dr. Goodluck Jonathan, Mrs. Diezani Alison-Madueke was the Chairman of the Board reconstituted on July 17, 2012. However, apart from the first meeting of the Board after reconstitution, it never met again till it was dissolved by President Muhammadu Buhari in June 2015.

Comments

Lafarge Africa Posts N30bn Drop In Half-Year Profit

Lafarge Africa Plc, a leading cement and building solutions provider, yesterday announced a loss of N30.1 billion for the half year ended June 30, 2016, compared with a profit after tax of N27.3billion in the corresponding period of 2014.

Apple Harvests iMessage Logs And Could Share Them With The Police Says Reporter

Questions are raised over how private Apple’s services really are. Apple keeps logs of the phone numbers its users have contacted through its Message app, and may share them and other sensitive metadata with the police.

Canada Police Thwart Potential Attack,Suspect Shot Dead

Canadian police shot dead an alleged Islamic State sympathizer who was about to activate an explosive device in Ontario late on Wednesday, media reports said as police confirmed thwarting a “potential terror threat”. There was no immediate confirmation from Canada’s federal police that anyone had been shot, with a statement saying only that a suspect had been identified and that they had taken “action” after receiving “credible information” about a potential attack. “Earlier today, the RCMP received credible information of a potential terrorist threat. A suspect was identified and the proper course of action has been taken to ensure that there is no danger to the public’s safety,” the Royal Canadian Mounted Police (RCMP) said in a statement. They did not say where the incident took place. Media reports said the suspect was a 24-year-old man who had been arrested in 2015 for expressing support for the Islamic State group in postings on social media. He had been released in February ...

Welcome to VinMike's Blog

Search This Blog