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Breaking: Tinubu Restructures NNPC Board, Sack Kiari, Appoints Ojulari
By Admin
In a major shake-up of the Nigerian National Petroleum Company (NNPC) Limited, President Bola Tinubu has dismissed Group Chief Executive Officer (GCEO) Mallam Mele Kyari and Board Chairman Chief Pius Akinyelure, along with all board members appointed in November 2023.
This development was announced early Wednesday in a statement by presidential spokesman Bayo Onanuga. The statement revealed that a newly constituted 11-member board will now oversee the affairs of NNPC Limited, with Engineer Bashir Bayo Ojulari taking over as the Group CEO and Ahmadu Musa Kida assuming the role of Non-Executive Chairman.
Additionally, President Tinubu appointed Adedapo Segun, who replaced Umaru Isa Ajiya as the Chief Financial Officer last year, as a board member. The board also includes six non-executive directors representing Nigeria’s geopolitical zones: Bello Rabiu (North West), Yusuf Usman (North East), and Babs Omotowa, former Managing Director of Nigerian Liquefied Natural Gas (NLNG), representing North Central. From the southern regions, Austin Avuru (South-South), David Ige (South-West), and Henry Obih (South-East) were also named as non-executive directors.
Further, Mrs. Lydia Shehu Jafiya, Permanent Secretary of the Federal Ministry of Finance, and Aminu Said Ahmed from the Ministry of Petroleum Resources will represent their respective ministries on the board.
The statement emphasized that “all the appointments are effective today, April 2.” It also outlined Tinubu’s rationale for the restructuring, citing Section 59, subsection 2 of the Petroleum Industry Act, 2021. According to Onanuga, the move is aimed at “enhancing operational efficiency, restoring investor confidence, boosting local content, driving economic growth, and advancing gas commercialisation and diversification.”
Furthermore, President Tinubu has tasked the newly appointed board with conducting a “strategic portfolio review of NNPC-operated and joint venture assets to ensure alignment with value maximisation objectives.”
Under Tinubu’s leadership, the federal government has been implementing major reforms in the oil sector to attract more investment. In 2023, NNPC recorded $17 billion in new investments, with the administration now aiming to increase that figure to $30 billion by 2027 and $60 billion by 2030.
The government also has ambitious targets for oil and gas production. The goal is to raise daily crude oil output to two million barrels by 2027 and three million barrels by 2030. Likewise, gas production is expected to reach 8 billion cubic feet per day by 2027 and expand further to 10 billion cubic feet daily by 2030.
Additionally, Tinubu has charged the new board with increasing NNPC’s crude oil refining capacity. “The new board is expected to elevate NNPC’s share of crude oil refining output to 200,000 barrels by 2027 and reach 500,000 by 2030,” the statement noted.
The newly appointed board chairman, Ahmadu Musa Kida, hails from Borno State. A graduate of Ahmadu Bello University, Zaria, with a degree in civil engineering, Kida also holds a postgraduate diploma in petroleum engineering from the Institut Francaise du Petrol (IFP) in Paris.
His career in the oil and gas industry began at Elf Petroleum Nigeria before moving to Total Exploration and Production as a trainee engineer in 1985. He later rose to the position of Deputy Managing Director of Deep Water Services at Total Nigeria in 2015. Last year, he became an Independent Non-Executive Director at Pan Ocean-Newcross Group.
Beyond his contributions to the oil sector, Kida is well-known in the sports community as a former basketball player and the President of the Nigerian Basketball Federation (NBBF).
Bashir Bayo Ojulari, the newly appointed NNPC Limited Group CEO, is from Kwara State. Before his appointment, he was the Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company. His recent efforts led a consortium of indigenous energy firms in the $2.4 billion acquisition of Shell Petroleum Development Company of Nigeria (SPDC).
Ojulari is also a graduate of Ahmadu Bello University, Zaria, with a degree in mechanical engineering. His career started at Elf Aquitaine, where he became the first Nigerian process engineer before transitioning to Shell Petroleum Development Company of Nigeria Ltd in 1991. Over the years, he worked in various roles in Europe and the Middle East, excelling as a petroleum process and production engineer, strategic planner, field developer, and asset manager.
In 2015, Ojulari was appointed Managing Director of Shell Nigeria Exploration and Production Company (SNEPCO). He also served as chairman and a board trustee member of the Society of Petroleum Engineers (SPE Nigerian Council) and is a fellow of the Nigerian Society of Engineers.
President Tinubu expressed gratitude to the former NNPC board members for their contributions, particularly in overseeing the rehabilitation of the Port Harcourt and Warri refineries. Their efforts led to the resumption of petroleum product production after years of inactivity. He wished them success in their future endeavors.
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International: Iran Confirms Death of Supreme Leader Ayatollah Ali Khamenei After US-Israeli Strikes — 40-Day National Mourning Declared
By Favour Bibaikefie, International Affairs Correspondent
Tehran — In an unprecedented escalation of Middle East tensions, Iran’s state media has confirmed that Supreme Leader Ali Khamenei has been killed following coordinated military strikes by the United States and Israel, the government announced late Saturday.
In a statement broadcast on state television, Iranian authorities declared a 40-day period of mourning and seven days of public holiday across the Islamic Republic in memory of the 86-year-old cleric, who had led Iran since 1989.
The announcement confirmed reports from earlier in the day by U.S. and Israeli officials that Khamenei had been killed during a major offensive dubbed “Operation Epic Fury” — a series of air and missile strikes targeting regime leadership and strategic sites across Iran.
President Donald Trump, in a social media post, hailed Khamenei’s death as a significant blow to the Iranian regime, describing him as one of “the most evil people in history.” Israeli Prime Minister Benjamin Netanyahu also said there were strong indications that the cleric was “no longer alive” after his compound in Tehran was hit during the attack.
Iranian state media further reported that several members of Khamenei’s immediate family, including a daughter, son-in-law and a grandchild, were killed in the same strike. Tehran’s Supreme National Security Council labelled the attack an “act of aggression” and vowed to hold the United States and Israel accountable.
The death of Iran’s supreme leader — who wielded ultimate authority over the country’s military, judiciary and all branches of government — has triggered widespread uncertainty about the future leadership of the Islamic Republic and heightened fears of broader regional conflict.
The strikes have already prompted retaliatory actions from Iranian forces, with explosions reported across several Middle East countries. International capitals are watching developments closely as responses from neighbouring states and global powers continue to unfold.
By Favour Bibaikefie
LAGOS — Nigeria’s Dangote Group has signed a $400 million equipment agreement with China’s Xuzhou Construction Machinery Group (XCMG) to accelerate the expansion of its oil refinery, reinforcing efforts to boost domestic refining capacity and industrial development.
The company disclosed on Tuesday that the newly acquired equipment will support ongoing projects across its refining, petrochemical, agricultural, and infrastructure operations. The strategic investment is part of Dangote Group’s broader plan to scale up the refinery’s output toward a projected capacity of 1.4 million barrels per day.
Industry analysts say the expansion represents a significant milestone in Nigeria’s drive to reduce dependence on imported petroleum products while strengthening local production and economic growth.
The Dangote Refinery, regarded as one of Africa’s largest industrial projects, is expected to enhance fuel availability, stimulate job creation, and position Nigeria as a key exporter of refined petroleum products in the global energy market.
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Agbor Makes List as PDP Appoints Caretaker Committees for Osun, Enugu, Imo, Rivers and Delta States
By: Divine Perezide
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) has approved new caretaker committees to oversee the affairs of the party in five states, pending the inauguration of fresh executive structures.
In a public notice dated January 15, 2026, and signed by the National Organising Secretary, Hon. Theophilus Dakas Shan, the NWC said the decision was taken on behalf of the National Executive Committee (NEC) and in line with constitutional provisions. According to the statement, the appointments were made “pursuant to Section 29(2)(b) of our Constitution (2025 as amended).”
State Committees Announced
For Delta State, the committee is headed by Prof. Sylvester Monye as Chairman, with Dr. Michael Tidi, Esq. serving as Secretary. They will be supported by 16 other members including Ujor Ucheonny, Pharm. Victor Ofobrukuta, Comdr. Johnbull Aghogho Kenairu, Chief Ekiyor Charles, and Hon. Mrs. Vero Egbuna, among others.
In Enugu State, Barr. Steve Oruruo was appointed Chairman, while Martin Ugwuamaideze was named Secretary. The committee includes seven additional members such as Ugwu Uchenna Godswill, Lilian C.E. Ugwuoke, and Chief Cosmas Onyia.
The Imo State Caretaker Committee is comparatively lean, with Chief John Jude Okere as Chairman and Mr. Magnus Amadi as Secretary.
For Rivers State, Ogbam Ojimah was named Chairman, with Dr. Field Baribeful Nkor appointed as Secretary. Other members include Richard Enyia Victor, Grace Boma Harry, Princess Isoma Stella Elenwa, and Austin Emeka Wali.
In Osun State, Hon. Tunde Tijani leads the committee, with Hon. Bamidele Seyi-Abiola serving as Secretary. Five additional members were listed, including Hon. Lateef Mumini Obidel and Alhaji Sarafa Gbadeamosi.
Mandate and Tenure
The PDP clarified that the committees are mandated to “manage the affairs of the Party in their respective States, as stipulated in Section 21(2)(a-b) of the PDP Constitution.” The party further noted that the duration of the committees “shall not exceed 90 days, or until such a time as a new Executive Committee is elected.”
Members were also advised to conduct their activities in compliance with the PDP Constitution (2025 as amended), the Electoral Act 2022, and the Nigerian Constitution (1999 as amended).
Meanwhile, the notice closed with the party’s slogan, “PDP, Power to the People,” indicating continuity of its internal restructuring ahead of future political engagements.