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Reading: Tinubu Inaugurates NNPCL Board, Signaling Strategic Moves in Nigeria’s Oil Sector
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Energy & Oil

Tinubu Inaugurates NNPCL Board, Signaling Strategic Moves in Nigeria’s Oil Sector

Oluwadara Akingbohungbe
By Oluwadara Akingbohungbe
Published: May 22, 2025
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2 Min Read
President Bola Tinubu
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In a decisive step toward strengthening Nigeria’s oil industry governance, President Bola Tinubu administered the oath of office to the Nigerian National Petroleum Company Limited (NNPCL) board and management on Thursday at Aso Rock Villa, Abuja.

The inauguration took place seven weeks after the board’s appointment on April 2, 2025, underscoring the administration’s commitment to energy sector reforms.

Ahmadu Kida, appointed as Non-Executive Chairman, and Bashir Ojulari, the Group Chief Executive Officer, were sworn in alongside nine other members representing all geopolitical zones. This inclusive approach reflects the administration’s intent to ensure balanced regional representation and expertise in managing the nation’s oil assets.

Following the ceremony, President Tinubu attended the All Progressives Congress National Summit at the State House Banquet Hall, signaling the political importance of the event.

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The board’s composition includes notable figures such as Adedapo Segun and Bello Rabiu (North West), Yusuf Usman (North East), and Babs Omotowa, former Managing Director of the Nigeria Liquefied Natural Gas (North Central). The South-South region is represented by Austin Avuru, while David Ige and Henry Obih cover the South-West and South-East respectively.

Government ministries are also represented by Lydia Jafiya, Permanent Secretary of the Federal Ministry of Finance, and Aminu Ahmed of the Ministry of Petroleum Resources, ensuring policy alignment.

The presence of top government officials, including Finance Minister Wale Edun, Information Minister Mohammed Idris, and Petroleum Minister Heineken Lokpobiri, highlights the strategic importance of the NNPCL board in Nigeria’s economic and energy policy framework.

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TAGGED:Ahmadu KidaAPC National SummitBashir OjulariNigeria energy policyNigerian GovernmentNigerian National Petroleum CompanyNigerian oil sectorNNPCL board inaugurationpetroleum industry NigeriaPresident Bola Tinubu
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