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Buhari Suspends Inauguration Of NNPC Limited Board Indefinitely
The inauguration of the newly constituted Board of the Nigerian Nationwide Petroleum Firm Restricted (NNPC) has been suspended indefinitely by President Muhammadu Buhari.
We reviews that the suspension was introduced in a press release issued by the Secretary to the Authorities of the Federation, Boss Mustapha, on Tuesday.
In response to the SGF, the inauguration initially scheduled to carry on Wednesday, November 24, 2021, has been suspended till additional discover.
Mustapha famous {that a} new date for the inauguration of the Board will probably be introduced in the end, interesting to members of the board for the inconveniences attributable to the suspension.
The assertion reads: “President Muhammadu Buhari has directed the rapid suspension of the inauguration of the newly constituted Board of the Nigerian Nationwide Petroleum Firm Restricted (NNPC) scheduled for Wednesday twenty fourth November 2021 till additional discover.
“A brand new date for the inauguration of the Board will probably be introduced in the end. We deeply remorse inconveniences brought about to members by this suspension, please.”
Recall that President Buhari directed the incorporation of the NNPC Restricted according to Part 53(1) of the Petroleum Trade Act (PIA) 2021.
In a press release dated September 19, Presidential Spokesman, Femi Adesina, defined that the President gave the directive in his capability as Minister of Petroleum Sources.
He appointed Senator Ifeanyi Ararume as Chairman of the Board, whereas NNPC Group Managing Director, Mele Kyari, and Umar Ajiya had been appointed as Chief Govt Officer and Chief Monetary Officer respectively.
Different members included Dr Tajudeen Umar (North East), Mrs Lami Ahmed (North Central), Mr Mohammed Lawal (North West), Senator Margaret Okadigbo (South East), Mr Constance Marshal (South South), and Mr Pius Akinyelure (South West).
Buhari Suspends Inauguration Of NNPC Restricted Board Indefinitely
