Some of the persons appointed into the Board and Management of the NNPC are allies of President Muhammadu Buhari.
According to Femi Adesina, presidential spokesman, Buhari appointed them in accordance with the power vested on him under Section 59(2) of the Petroleum Industry Act he signed on August 16, 2021.
The president had constituted the board in September but shortly before it was to be inaugurated, he suspended the exercise indefinitely.
No reason was given for the development. But on Wednesday, Adesina announced a major change on the board – the replacement of Senator Ifeanyi Ararume with Lady Margaret Okadigbo. This piece shows how the president compensated some of his old allies with the appointments.
OKADIGBO
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