The Nigerian National Petroleum Corporation (NNPC) on Thursday threw more light on why President Muhammadu Buhari relieved the present Group Managing Director, Dr. Maikanti Baru of the responsibility.
The corporation in a statement that the Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, Mr. Ndu Ughamadu issued in Abuja on Friday said that Baru is due for statutorily retire on July 7, 2019, on the ground of attainment of 60 years retirement age.
According to the statement, “A follow-up release on the new appointments by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu, informed that the new Group Managing Director, Mr. Mele Kolo Kyari, who takes over from a current occupier of the office, Dr. Maikanti Baru, effectively on 8th July 2019, is until his new appointment the Group General Manager, Crude Oil Marketing Division of NNPC. Dr. Baru would retire statutorily on July 7, 2019.”
NNPC said that Mr. Kyari doubled, since 13th May, 2018, as Nigeria’s National Representative to the Organization of the Petroleum Exporting Countries (OPEC).
The NNPC spokesperson said Kyari would be bringing to his new appointment more than 27 years of experience in the various value chains of the Petroleum Industry.