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BREAKING: President Tinubu Reshuffles NNPCL Leadership, Appoints New GCEO and Board Members

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President Bola Ahmed Tinubu has dismissed Mele Kyari as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL) and appointed Engr. Bashir Bayo Ojulari as his replacement. Ahmadu Musa Kida has also been named the new non-executive chairman of the board.

Additionally, Tinubu has sacked all board members appointed alongside Akinyelure and Kyari in November 2023. Adedapo Segun, who became Chief Financial Officer (CFO) last year, has been retained on the newly restructured board.

New Board Composition

The newly appointed board consists of six non-executive directors representing Nigeria’s geopolitical zones:

Bello Rabiu (North West)

Yusuf Usman (North East)

Babs Omotowa (North Central)

Austin Avuru (South-South)

David Ige (South West)

Henry Obih (South East)

Mrs. Lydia Shehu Jafiya, Permanent Secretary of the Federal Ministry of Finance, will represent the ministry, while Aminu Said Ahmed will represent the Ministry of Petroleum Resources.

Objectives of the Restructured Board

President Tinubu emphasized that the restructuring aims to enhance operational efficiency, restore investor confidence, boost local content, drive economic growth, and advance gas commercialization and diversification.

The new board has been tasked with the following objectives:

Conduct a strategic portfolio review of NNPCL’s operated and joint venture assets to align with value maximization goals.

Increase oil sector investments from $17 billion (2023) to $30 billion by 2027 and $60 billion by 2030.

Raise daily oil production to 2 million barrels by 2027 and 3 million barrels by 2030.

Boost gas production to 8 billion cubic feet per day by 2027 and 10 billion cubic feet per day by 2030.

Expand NNPCL’s share of crude oil refining output to 200,000 barrels daily by 2027 and 500,000 barrels by 2030.

Profiles of Key Appointees

Ahmadu Musa Kida – New Board Chairman

Ahmadu Musa Kida, from Borno State, holds a degree in civil engineering from Ahmadu Bello University, Zaria, and a postgraduate diploma in petroleum engineering from the Institut Francais du Petrol (IFP) in Paris.

He began his oil industry career at Elf Petroleum Nigeria before joining Total Exploration and Production in 1985. In 2015, he became Deputy Managing Director of Deep Water Services at Total Nigeria. In 2023, he was appointed as an Independent Non-Executive Director at Pan Ocean-Newcross Group. Outside the oil industry, he served as president of the Nigerian Basketball Federation (NBBF).

Bashir Bayo Ojulari – New GCEO

Ojulari, from Kwara State, was formerly the Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company. He led the recent $2.4 billion acquisition of Shell Petroleum Development Company of Nigeria (SPDC) by a consortium of indigenous energy firms.

A mechanical engineering graduate from Ahmadu Bello University, Zaria, Ojulari started his career at Elf Aquitaine and later joined Shell Petroleum Development Company of Nigeria in 1991. He worked in various roles across Europe and the Middle East as a petroleum process and production engineer, strategic planner, field developer, and asset manager. In 2015, he was appointed Managing Director of Shell Nigeria Exploration and Production Company (SNEPCO).

Ojulari has also served as chairman and trustee of the Society of Petroleum Engineers (SPE Nigerian Council) and is a fellow of the Nigerian Society of Engineers.

Acknowledgment of Outgoing Board Members

President Tinubu expressed gratitude to the outgoing board members for their service, particularly their contributions to rehabilitating the Port Harcourt and Warri refineries, which have resumed petroleum production after prolonged inactivity. He wished them success in their future endeavors.

The restructuring underscores Tinubu’s commitment to transforming Nigeria’s oil and gas sector, with ambitious goals for increased production and investment.

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Anyone Opposing U.S. Strikes Is Nigeria’s Enemy or Profiting From Insecurity — Ex-General Enenche

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A former Nigerian military general, Enenche, has described opposition to United States support and strikes against terrorists as unpatriotic, insisting that such resistance only aids insecurity or serves personal interests.
Reflecting on his experience in active combat zones over two decades ago, Enenche said he witnessed firsthand the human cost of insecurity. According to him, security goes beyond the battlefield, affecting human lives, the economy, and even cyber space.
“As a military man who fought in that area over 20 years ago, I saw with my own eyes the casualties, the rage and the devastation. When you talk about security, you are talking about human security, economic security, cyber security. It affects everyone,” he said.
He welcomed the United States’ decision to support Nigeria, describing it as a positive development for the country. Enenche referenced former U.S. President Donald Trump’s commitment to assist Nigeria, noting that such cooperation signals hope rather than danger.
“America has come out boldly to say, ‘We are going to help you’. President Donald Trump said they will assist Nigeria. For me, this is the beginning of good things to come for this country,” he stated.
The retired general criticized individuals who consistently oppose foreign support, accusing them of spreading fear and pessimism.
“Where some people see negatives, we should see positives. Those who constantly project fear and pessimism, I see them as enemies of this country,” he said.
Drawing comparisons with Nigeria’s past peacekeeping missions, Enenche questioned why similar objections were not raised when Nigerian troops intervened in countries such as Liberia, Sierra Leone, and Congo.
“Anytime Nigerians cooperate and act as a team, we get results,” he added.
He further clarified that while foreign allies may not deploy ground troops, Nigeria must still take responsibility for on-ground operations, with strong backing from state and local governments.
“They may not put boots on the ground, but we must do the foot-on-ground work. We must deploy the necessary resources, and that is where state governments and local governments must support this effort,” he said.
Highlighting the sophistication of recent operations, Enenche emphasized that the strikes were intelligence-driven and precise, targeting terrorist strongholds.
“Look at the capacity, look at the weapons used. Do we have that capability? This was intelligence-driven and precise. These terrorists do not want to be followed to their staging or assembly areas,” he concluded.

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‘Give Them Their Money Directly’ — Tinubu Warns Governors Over LG Allocations

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President Bola Ahmed Tinubu has issued a stern warning to state governors over the handling of Local Government (LG) allocations, insisting that funds meant for LGs must be paid directly to them in line with the Supreme Court judgment.
Speaking on Friday at the 15th APC National Executive Committee (NEC) meeting in Abuja, Tinubu stressed that the apex court has once again made its position clear, leaving no room for ambiguity. According to him, compliance is no longer optional, as the judgment is binding on all tiers of government.
“The Supreme Court has capped it for you again, saying, ‘give them their money directly’. If you wait for my Executive Order, because I have the knife, I have the yam, I will cut it,” the President said, adding that he has chosen to be patient and respectful with governors.
However, Tinubu warned that continued delay or refusal to implement the ruling would attract consequences, noting that enforcement could begin through FAAC disbursements if necessary.
Emphasizing the rule of law, the President said the ultimate authority remains the Supreme Court and its judgment must be obeyed without excuses.
“We have to comply. We have to respect the judgment,” he concluded.

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Accord Party Welcomes Adeleke for 2026 Governorship Bid

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The Accord Party in Osun State has indicated that Governor Ademola Adeleke would be granted a waiver if he decides to contest the 2026 governorship election under its platform.

Victor Akande, Chairman of Accord Party in Osun, told The PUNCH on Sunday that Adeleke or his aides have not formally approached the party, describing speculation about a potential defection as “mere rumours.”

Accord Party has emerged as a possible platform for Adeleke’s re-election amid internal tensions in his current party, the People’s Democratic Party (PDP).

Akande said the party already has two aspirants for its ticket in the August 8, 2026 election but would welcome Adeleke if he chooses to join.

“The issue of Governor Adeleke is still a rumour. I have not met with anyone from the government about this. Accord Party is not the only option being speculated for his defection, but if he comes, we will receive him wholeheartedly,” Akande stated.

He added, “Our doors are always open. People are free to join or leave at any time. If Adeleke comes, he will receive a waiver to contest just like any other aspirant. Currently, two individuals have shown interest in running under our platform, though they have not made financial commitments yet.”

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