PRESIDENT TINUBU RECONSTITUTES NNPC LIMITED BOARD, APPOINTS NEW CHAIRMAN, GROUP CEO. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE PRESIDENT TINUBU RECONSTITUTES NNPC LIMITED BOARD, APPOINTS NEW CHAIRMAN, GROUP CEO President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari.   President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023.   The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.   Adedapo Segun, who replaced Umaru Isa Ajiya as the chief financial officer last November, has been appointed to the new board by President Tinubu.   Six board members, non-executive directors, represent the country's geopolitical zones. They are Bello Rabiu, North West, Yusuf Usman, North East, and Babs Omotowa, a former managing director of the Nigerian Liquified Natural Gas( NLNG), who represe...
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FIRE STARTED IN ONE SECTION OF STERLING BANK IN OGUN STATE EARLIER TODAY.{PHOTO}.

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Image may contain: one or more people and outdoor                                                                                     According to sources,a section of Sterling Bank,Oke Ilewo branch located at the OPIC Roundabout,Abeokuta,was today tuesday gutted by a mid-day fire.A staff of the bank,who spoke on the condition of anonymity to pressmen said that the fire incident occurred at around Twelve noon due to electrical fault.He said attempts by security personnel to use fire extinguishers to put out the fire failed,and the management had to call the state fire service.The men of the Ogun State Fire and Safety Service put put the fire and prevented it from spreading to other parts of the bank.Mr Adebamba Adesanya,the Deputy,Ogun Fire and Safety Service,said that the fire service received a call from the bank and responded immediately.''We received a call from the bank that there was a fire incident and within a few minutes,we arrived the scene to control the situation.By the grace of God,everything is now under control.The fire occurred as a result of power surge,presently I can't confirm the extent of the damage but later,we will be able to ascertain that,But only a part of the roof was affected.We have to be very careful with our electrical gadgets during this harmattan period because 90 percent of the equipment that we use in our offices and homes are purely comburstible elements and can ignite anytime there is explosion.We have to be very careful with our electrical gadgets during this harmattan period because 90 percent of the equipment that we use in our offices and homes are purely combustible elements and can ignite anytime there is explosion.We must ensure that we guard against this and get ourselves ready to tackle and avert incidents like this one,'' Adesanya said.
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