Economy
Tinubu Sacks NNPCL CEO Mele Kyari, Board, Appoints Bayo Ojulari

Tinubu Sacks NNPCL CEO Mele Kyari, Board, Appoints Bayo Ojulari
Tinubu sacks NNPCL CEO Mele Kyari, Board, appoints Bayo Ojulari. President Bola Ahmed Tinubu, on Wednesday, 2nd April 2025 announced the sack of Mele Kyari, Eunice Thomas and other members of the Nigerian National Petroleum Company (NNPC) Limited board.
The board which was constituted on November 27, 2023 and sworn-in on December 18, 2023 had Dr. Eunice Thomas, a former Commissioner during the Godswill Akpabio governorship era as non-executive director.
In the new board, Austin Avuru takes Eunice Thomas’ place as a non-executive director from the South-South.
Below Is the full press statement issued by the presidential spokesperson, Bayo Onanuga:
STATEHOUSE PRESS RELEASE
PRESIDENT TINUBU RECONSTITUTES NNPC LIMITED BOARD, APPOINTS NEW CHAIRMAN, GROUP CEO
President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari.
President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023.
The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.
Adedapo Segun, who replaced Umaru Isa Ajiya as the chief financial officer last November, has been appointed to the new board by President Tinubu.
Six board members, non-executive directors, represent the country’s geopolitical zones. They are Bello Rabiu, North West, Yusuf Usman, North East, and Babs Omotowa, a former managing director of the Nigerian Liquified Natural Gas( NLNG), who represents North Central.
President Tinubu appointed Austin Avuru as a non-executive director from the South-South, David Ige as a Non-executive director from the South West, and Henry Obih as a non-executive director from the South East.
Mrs Lydia Shehu Jafiya, permanent secretary of the Federal Ministry of Finance, will represent the ministry on the new board, while Aminu Said Ahmed will represent the Ministry of Petroleum Resources.
All the appointments are effective today, April 2.
President Tinubu, invoking the powers granted under Section 59, subsection 2 of the Petroleum Industry Act, 2021, emphasised that the board’s restructuring is crucial for enhancing operational efficiency, restoring investor confidence, boosting local content, driving economic growth, and advancing gas commercialisation and diversification.
President Tinubu also handed out an immediate action plan to the new board: to conduct a strategic portfolio review of NNPC-operated and Joint Venture Assets to ensure alignment with value maximisation objectives.
Since 2023, the Tinubu administration has implemented oil sector reforms to attract investment. Last year, NNPC reported $17 billion in new investments within the sector. The administration now envisions increasing the investment to $30 billion by 2027 and $60 billion by 2030.
The Tinubu administration targets raising oil production to two million barrels daily by 2027 and three million daily by 2030. Concurrently, the government wants gas production jacked to 8 billion cubic feet daily by 2027 and 10 billion cubic feet by 2030.
Furthermore, President Tinubu expects the new board to elevate NNPC’s share of crude oil refining output to 200,000 barrels by 2027 and reach 500,000 by 2030.
The new board chairman, Ahmadu Musa Kida, is from Borno State. He is an alumnus of Ahmadu Bello University, Zaria, where he received a degree in civil engineering in 1984. He also obtained a postgraduate diploma in petroleum engineering from the Institut Francaise du Petrol (IFP) in Paris
He started his career in the oil industry at Elf Petroleum Nigeria and later joined Total Exploration and Production as a trainee engineer in 1985.
Musa became Total Nigeria’s Deputy Managing Director of Deep Water Services in 2015. Last year, he became an Independent Non-Executive Director at Pan Ocean-Newcross Group.
Apart from his oil industry career, Ahmadu Musa Kida is a former basketballer and the president of the Nigerian Basketball Federation(NBBF) board.
Ojulari, the new NNPC Limited Group CEO, hails from Kwara State. Until his new appointment, He was Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company. His Renaissance recently led a consortium of indigenous energy firms in the landmark acquisition of the entire equity holding in the Shell Petroleum Development Company of Nigeria (SPDC), worth $2.4 billion.

Tinubu Sacks NNPCL CEO
Like Kida, Ojulari is also an alumnus of Ahmadu Bello University, Zaria. He graduated with a degree in Mechanical Engineering. He worked for Elf Aquitaine as the first Nigerian process engineer to begin a stellar career in the oil sector. From Elf, he joined Shell Petroleum Development Company of Nigeria Ltd in 1991 as an associate production technologist.
Apart from working in Nigeria, he worked in Europe and the Middle East in different capacities as a 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).
During his career, he was chairman and member of the board of trustees of the Society of Petroleum Engineers (SPE Nigerian Council) and a fellow of the Nigerian Society of Engineers.
President Tinubu thanked the old board members for their dedicated service to NNPC Limited, particularly their efforts in rehabilitating the old Port Harcourt and Warri refineries, which enabled them to resume petroleum product production after prolonged shutdowns. He wished them well in their future endeavours.
Bayo Onanuga
Special Adviser to the President
(Information & Strategy)
Economy
Bauchi Government, UNICEF Sign Agreement To Boost Child Welfare

Bauchi Government, UNICEF Sign Agreement To Boost Child Welfare
Bauchi government, UNICEF sign agreement to boost child welfare. She emphasised the need for continued support and cooperation from stakeholders.
The Bauchi State government, through the ministry of budget, economic planning, and multilateral coordination, has officially signed the 2025 work plan agreement with the United Nations Children’s Fund (UNICEF).
The agreement aims to improve the lives of the state’s citizens, particularly children.
The signing of the 2025 workplan marks a formal commitment between the State and UNICEF to achieve shared objectives for sustainable development, ensuring a more productive and impactful year ahead.
Nuzhat Rafique, chief of field office for UNICEF Bauchi, spoke at the signing ceremony in Bauchi on Wednesday.
She explained that the agreement was aimed at enhancing development initiatives across critical sectors in the state.

UNICEF
“The work plan was developed in collaboration with relevant ministries, agencies, and stakeholders.
“The focus areas include health, education, Water Sanitation and Hygiene (WASH), nutrition, and societal and behavioural change,” Ms Rafique said.
She emphasised the need for continued support and cooperation from stakeholders to ensure the successful implementation of the outlined activities.
Amina Katagum, commissioner for budget, economic planning, and multilateral coordination, expressed appreciation for UNICEF’s technical and financial support, particularly for child-focused programmes.
She reaffirmed the state’s commitment to supporting UNICEF initiatives, aiming to improve programme efficiency and address identified gaps.
Economy
NEITI Urges New NNPC Boss On Transparency, Accountability

NEITI Urges New NNPC Boss On Transparency, Accountability
NEITI urges new NNPC boss on transparency, accountability. Mr Tinubu removed all the board members appointed with Messrs Akinyelure and Kyari in November 2023.
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged Bayo Ojulari, the new group chief executive officer (GCEO) of the Nigeria National Petroleum Company Limited (NNPC Ltd.), to strengthen reforms, transparency and accountability.
NEITI urged the new leadership to prioritise timely publication of the company’s financial statements, full disclosure of production data, operational costs, and revenue remittances to help rebuild public trust and enhance Nigeria’s global reputation.
The executive secretary of NEITI, Orji Ogbonnaya Orji, made the call on Wednesday while congratulating Mr Ojulari on his appointment.
President Bola Tinubu had on Wednesday reconstituted the board of the NNPC Ltd., removing the chairman, Pius Akinyelure and the Group CEO, Mele Kyari.
Mr Tinubu removed all the board members appointed with Messrs Akinyelure and Kyari in November 2023.
The new 11-man board has MrOjulari as the Group Chief Executive Officer (GCEO) and Ahmadu Kida as non-executive chairman.
Mr Orji, while reacting, said that Mr Ojulari’s appointment came at a critical time when the ongoing NNPC Ltd’s reforms required renewed commitment, strategic leadership, and a firm dedication to transparency, accountability and corporate governance.
“NEITI recognised that NNPC Ltd., as Nigeria’s foremost national energy company, plays a crucial role in shaping the future of the country’s oil and gas sector.
“As a member of the NEITI National Stakeholders’ Working Group (NSWG) and a key institution in Nigeria’s extractive industry, NNPC Ltd. is responsible to ensure that the reforms initiated under the Petroleum Industry Act (PIA) are strengthened, broadened, and sustained in the public interest.
“As a Supporting Company of the global Extractive Industries Transparency Initiative (EITI), NNPC Ltd.
must demonstrate unwavering commitment to openness, systematic disclosure of critical industry data, responsible resource management and corporate governance best practices,” he said.
He urged the new leadership to prioritise timely publication of NNPC’s financial statements, full disclosure of production data, operational costs, and revenue remittances to help rebuild public trust and enhance Nigeria’s global reputation.
According to him, transparency in the management of oil and gas revenues remains critical to national development and ongoing poverty reduction efforts.
He said the EITI process provided a tested framework for ensuring that revenues from natural resources were prudently managed, fully accounted for, and efficiently deployed to address Nigeria’s development needs.

NNPCL
“We look forward to working closely with the new GCEO and his team in deepening the NEITI-EITI process in Nigeria and ensuring that NNPC Ltd. continues to align with international best practices in corporate governance and financial transparency.
“NEITI also congratulates the newly reconstituted NNPC Ltd. Board and charges them to provide forward-looking strategic direction to fast-track the ongoing transformation of NNPC Ltd. in line with the PIA.
“The Board’s role in ensuring that NNPCL remains accountable to its shareholders—the Nigerian people—is crucial to the long-term sustainability of the company and the industry at large,”.
Mr Orji thanked the Kyari team for their dedication, hard work, mutual respect, patience, and collaboration with NEITI over the past six years.
“His tenure was marked by significant engagements with NEITI in advancing corporate transparency, public disclosures, and aligning NNPC Ltd. with the global EITI framework,” he said.
Economy
Surgeon Called For Early Medical Intervention To Prevent Complications

Surgeon Called For Early Medical Intervention To Prevent Complications
Surgeon called for early medical intervention to prevent complications. He called on the government to improve health facilities to prevent citizens from seeking treatment abroad.
Aconsultant surgeon, Jacob Akoh, has advised patients to seek immediate medical help when diagnosed with any illness to prevent termination.
Mr Akoh gave the advice at the Bingham University’s 2nd public lecture, held at the university’s campus in Karu Local Government Area of Nasarawa State on Wednesday.
The theme of the lecture is “Beyond The Operating Room: Reflections of a Surgical Career and Life of Purpose.”
As the guest lecturer and a retired Associate Professor in Europe, Mr Akoh emphasised that early medical intervention was crucial in effectively treating illnesses.
He urged people not to shy away from seeking help when faced with any symptoms, as neglecting health problems could lead to fatal consequences.
“No sickness should be taken for granted; it must be treated immediately,” Mr Akoh stated.
He also dispelled the belief that strange symptoms or illness were merely spiritual attacks, urging individuals to seek proper medical care instead of self-diagnosing or hiding symptoms.
Mr Akoh explained that the lecture was aimed at educating people, particularly in communities, on how to address health challenges and not neglect them.
He emphasised the importance of valuing one’s life and taking responsibility for seeking medical assistance when needed.
He also addressed concerns about the state of the healthcare sector in Nigeria, noting that it was underdeveloped compared to the Western world, in spite of its critical importance.
He called on the government to improve health facilities to prevent citizens from seeking treatment abroad, which negatively impacted the country’s healthcare system.
Mr Akoh shared some of his career successes, including performing multiple kidney transplants in one day, with all surgeries being successful.
However, he also highlighted challenges faced by surgeons, such as patients failing to provide accurate medical records, which could hinder effective treatment.

Surgeon Called For Early Medical Intervention
He urged patients to always provide precise health information to healthcare providers to ensure proper care and fulfilment in medical practice.
Additionally, Mr Akoh reminded medical practitioners to be mindful of their career purpose, stressing the need for active involvement in community health development.
In his remarks, the Vice Chancellor of Bingham University, Haruna Ayuba, commended Akoh for his enlightening lecture.
He acknowledged that although Akoh had spent more than 35 years as a surgeon in Europe, he returned to Nigeria to make a positive impact on society.
Mr Ayuba encouraged scholars and professionals to focus on the purpose of their careers, as it drives passion, motivation during challenges, and inspires excellence.
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