esident Muhammadu Buhari has sacked Emmanuel Ibe Kachikwu as the group Managing Director of the Nigerian National Petroleum Corporation and replaced him with Maikanti Baru. In a press statement issued today in Abuja, the president office stated that Kachikwu as the minister for State for Petroleum will now be the chairman of the Board of the NNPC.

See full statement below:

PRESIDENT BUHARI APPROVES NEW BOARD OF DIRECTORS FOR NNPC

President Muhammadu Buhari has approved the composition of the Board of the Nigerian National Petroleum Corporation (NNPC), as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended.
The new board is composed of the following:
A. Chairman-Dr Emmanuel Ibe Kachikwu, Honourable Minister of State for Petroleum;
B. Group Managing Director- Dr Maikanti Kacalla Baru;
C. The Permanent Secretary of the Federal Ministry of Finance; and
D. The following six persons:
1. Mallam Abba Kyari
2. Dr Thomas M.A John
3. Dr Pius O. Akinyelure
4. Dr Tajuddeen Umar
5. Mallam Mohammed Lawal, and
6. Mallam Yusuf Lawal.
President Buhari urges the new board to ensure the successful delivery of the mandate of the NNPC, " and serve the nation by upholding the public trust placed on them in managing this critical national asset."

FEMI ADESINA
Special Adviser
(Media and Publicity)
July 4, 2016

I dey laugh o.

Mallam everywhere



Source - http://saharareporters.com/2016/07/04/buhari-sacks-kachickwu-gmd-nnpc

Just be be clear, for those asking: Chairman is a non-executive post (part time), so essentially a figure head with little power. The main post is GMD, the GMD is the Chief Executive Officer. So yes, this is a demotion.

Kachikwu has performed woefully. let's see what the next person will do.

Change is inevitable for better results. #IstandwithBuhari

How is this a sack? He is now the chairman of the board

From GMD to Chairman? And still the minister, for crissakes!
Na sack abi promotion be that
Abi my English comprehension don dey rusty ni

Even Sahara Reporters? That's in bad taste!

President Muhammadu Buhari has sacked Emmanuel Ibe Kachikwu as the group Managing Director of the Nigerian National Petroleum Corporation and replaced him with Maikanti Baru.

I came to look at the name of the person he replaced him with, And I wasn't disappointed, Buhari can't conceal his nepotism. Since southerners aren't qualified, according to zombies, Let him continue appointing the core northerners who are more qualified.

It was going to happen

But liar Muhammed still has a job

It was long expected.. Dude can't hold two sensitive positions

buhari no dey disappoint zombies ntoor unu

He is no longer the MD but remains a minister petroleum.

Beremx:
Kachikwu has performed woefully. let's see what the next person will do.

perform how? Is he the minister? He's just carrying out buhari's bidding.

The dullard never dissapoints

I don't just understand my people from south east. You want Biafra yet you're all crying for zoo appointments. When Nigerian issues are being mentioned they will be the first to rush with insultive comments. This is not how Britain exited from EU naaah! Or are you guys joking with Biafra exit ni?

As usual my brothers from the north are trusted. This person you sacked did what three presidents could not do in nigeria. Deregulate the petroleum sector and you paid him back with sack while we have minister of darkness still working with all powers belonging to GOD

olatade:
He is no longer the MD but remains a minister petroleum.

He is now acting in the role of the queen of England. All titles and no power. He will be relieved of his role as the minister of state for Petroleum soon. Emeifiele will also be sacked soon.

f

SeverusSnape:

I came to look at the name of the person he replaced him with, And I wasn't disappointed, Buhari can't conceal his nepotism. Since southerners aren't qualified, according to zombies, Let him continue appointing the core northerners who are more qualified.

Why are you like this. The chairman is from the south, where did you expect the GMD to come from? As for the other board members, why do people lump the 3 regions in the north together.

Sack?

These bloggers are so dumb

He wasn't sacked he only was overseeing NNPC pending a substantive appointment was made. This will allow proper oversight from the ministry and the board.

Beremx:
Kachikwu has performed woefully. let's see what the next person will do.

Ibe lost me when i heard something through the grapevine , he also advocated negotiating with destroyers and capped it by dragging Amaechi in Public.. That was in bad faith..... Wish Bubu had gone for SSner though, but wished aren't horses..

How Baby O? You nko?

Does buhari think? The one performing minister among the lot y demote or even sack him.when u have NGIGE not knowing what his job entails.when u have fashola that has turned nigeria to d land of darkness. when you have lia mohamed spiting lies everyday and telling us the best job for us is to dress masquerade u remove kachiku.smh for buhari ooo

[s]

naijaguy77:
I dey laugh o.

Mallam everywhere



Source - http://saharareporters.com/2016/07/04/buhari-sacks-kachickwu-gmd-nnpc

Just be be clear, for those asking: Chairman is a non-executive post (part time), so essentially a figure head with little power. The main post is GMD, the GMD is the Chief Executive Officer. So yes, this is a demotion.

[/s]

How can someone hold both the position of Minister and GMD of NNPC? The intention was never for him to remain GMD but to reposition NNPC then act as an oversight for it. Chairman is not a figure head and do you even know the powers a board wield in any organization? Abeg desist from misinforming the public.

Position for another Musa or Ibrahim.

nna buhari maka y?
dis govt is 4 d north... Ndi igbo shine ur eyes..

This is just part 1. He will still be sacked as state minister. I knew he was out when he opposed amaechi in akwaibom town hall meeting. It's unfortunate this government is sentimental and a bit parochial. I expect northerners all over nnpc. No form of meritocracy in this government. The end will always justify the means.

Beremx:
Kachikwu has performed woefully. let's see what the next person will do.

Is your president performing?

Kachikwu is officially the figurehead who takes the blame for
any mishap.

That dude should just resign and save the little good name
he has left, because things are about to go south real fast for
him

Well wetin concern me? Who chairman epp?

modath:





Ibe lost me when i heard something through the grapevine , he also advocated negotiating with destroyers and capped it by dragging Amaechi in Public.. That was in bad faith..... Wish Bubu had gone for SSner though, but wished aren't horses..

How Baby O? You nko?

you're right. A southerner should have replaced Kachikwu.

OssyMalik is fine. He's sitting perfectly now and learning to crawl.