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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DEMOCRACY FAILING TO ADDRESS POVERTY, LOSING CREDIBILITY-PETER OBI. (PHOTO).

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Politician and a former governor of Anambra State, Peter Obi has said described Nigeria’s democracy as “fast losing its essence” as a result of deep-necked poverty ravaging the country.


He disclosed this in a post on his X handle on Monday.


According to him, the number of Nigerians living in poverty is alarming, a situation which he said democracy was supposed to address.


He called on leaders to address poverty in the land by prioritising and strengthening independent institutions and delivering of economic progress to the people.


He argued that for democracy in Africa to thrive beyond its current fragile state, it must operate within its foundational tenets, going beyond ceremonial elections. This requires building critical institutions that command trust and deliver absolute respect for the people’s will.

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