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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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UPDATE: Oke-Ero DPM and Legal Officer Regain Freedom

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Good news from Oke-Ero Local Government: the Director of Personnel Management (DPM), Alhaji Musibau Amuda, and the Legal Officer, Barrister Omoladun Elizabeth Arinde, have safely returned after a period of absence.

In a statement released on behalf of the Executive Chairman, Hon. James Abiodun Fadipe — and obtained by Just Event Online TV — the Council expressed gratitude to Almighty God for their safe return in good health.

Hon. Fadipe described their return as “the Lord’s doing” and extended appreciation to the Executive Governor of Kwara State, Mallam AbdulRahman AbdulRazaq, CON, and ALGON leadership for their support during the period.

The Council also thanked religious leaders, traditional rulers, security agencies, political leaders, party members, the DPM and LGT forums, and all well-wishers for their prayers and encouragement.

Reaffirming commitment to peace and development, Hon. Fadipe prayed for continued divine protection and progress for Oke-Ero.

“We remain committed to building a stronger, united, and progressive Oke-Ero,” the statement concluded.

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2027: Rivers PDP NASS Caucus Pledges Support for President Tinubu

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Members of the Rivers State caucus of the People’s Democratic Party (PDP) in the National Assembly have formally declared their support for President Bola Ahmed Tinubu’s re-election bid in 2027.

The announcement was made in Port Harcourt on Saturday, through a statement read by Senator Barry Mpigi on behalf of the caucus. The statement was endorsed by all nine lawmakers — comprising two Senators and seven members of the House of Representatives.

The lawmakers cited the “visible successes” of the Tinubu administration as the reason for their endorsement.

Those who signed the statement include Senator Barry Mpigi, Senator Allwell Onyesoh, Rt. Hon. Dumnamene Dekor, Solomon Bob, Hon. Felix Nwaeke, Hon. Kelechi Nwogu, Cyril Hart, Victor Obuzor, and Blessing Amadi.

In their declaration, the caucus urged individuals considering a presidential run in 2027 to shelve their ambitions.

“We, the National Assembly members from Rivers State — Senators and Representatives — express our profound appreciation to President Bola Ahmed Tinubu for his trust and confidence in our leader, His Excellency Nyesom Ezenwo Wike, demonstrated through his appointment as Minister of the Federal Capital Territory,” the statement read.

“We are pleased with the President’s public commendation of the FCT Minister, whom he hailed as the ‘master of infrastructure’.”

The caucus emphasized that after thoroughly evaluating the President’s economic policies — formulated to revive Nigeria’s struggling economy under the Renewed Hope Agenda — they were convinced of the administration’s clear progress.

They highlighted the challenges Tinubu inherited on May 29, 2023, including a bloated debt profile, inflation exacerbated by the printing of N22.7 trillion through Ways and Means financing between 2015 and 2023, and critical infrastructure deficits undermining food production.

The lawmakers asserted that President Tinubu’s policies offer the best path toward social and economic recovery. They pointed to declining inflation rates, reductions in Nigeria’s foreign debt, and optimistic growth projections endorsed by the International Monetary Fund (IMF) as evidence of the administration’s progress.

The caucus also praised President Tinubu for his “swift” intervention in resolving the political crisis in Rivers State, noting that it has set a foundation for enduring peace.

“As members of the National Assembly from Rivers State, we unequivocally affirm our total commitment to supporting the re-election of President Bola Ahmed Tinubu in 2027,” the statement continued.

“As representatives closest to the people, we are set to embark on an even greater mobilisation drive than we did in 2023, to ensure President Tinubu’s return to office.”

The lawmakers concluded by calling on all Nigerians to rally behind the Renewed Hope Agenda, describing it as the surest path to the country’s prosperity. They also appealed to potential presidential aspirants to abandon their ambitions and unite behind President Tinubu ahead of the 2027 elections.

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Pope Francis Passes Away on Easter Monday at 88

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In a moment that has deeply moved Catholics and people around the world, Pope Francis [passed a✝️ay] on Easter Monday, April 21, 2025, at the age of 88. His [transition] marks the end of a historic papacy defined by humility, reform, and an unwavering commitment to the marginalized.

Born Jorge Mario Bergoglio in Buenos Aires, Argentina, Pope Francis made history in 2013 as the first Jesuit pope, the first from the Americas, and the first non-European pope in over 1,200 years. His leadership was marked by compassion, interfaith dialogue, care for the environment, and efforts to build a more inclusive Church.

Easter Monday, a day symbolic of renewal and hope in the Christian tradition, now carries a deeper poignancy. Tributes have poured in from global figures and millions of faithful around the world.

As the Vatican begins preparations for days of reflection and the selection of a new leader, Pope Francis leaves a legacy as a spiritual guide, a voice for justice, and a symbol of peace.

May he rest in eternal light.

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