News
BREAKING: Tinubu Sacks NNPCL Board , Replaces Mele Kyari with Bashir Ojulari as Group CEO
The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman,” the statement reads.Adedapo Segun, who replaced Umaru Ajiya as the chief financial officer last November, has been appointed to the new board.
President Bola Tinubu has sacked Mele Kyari as the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited and dissolved the board.
Consequently, the President appointed Bashir Ojulari as the new CEO, effective from April 2, 2025.
Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, revealed the development in a statement he signed in the early hours of Wednesday titled, ‘President Tinubu reconstitutes NNPC limited board, appoints new Chairman, Group CEO.’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,” the statement reads.Adedapo Segun, who replaced Umaru Ajiya as the chief financial officer last November, has been appointed to the new board.
Six board members, non-executive directors, represent the country’s geopolitical zones.
They are Bello Rabiu representing the North West, Yusuf Usman representing the North East, and Babs Omotowa, a former managing director of the Nigerian Liquified Natural Gas, who represents North Central.“
President Tinubu also appointed Austin Avuru as a non-executive director from the South-South, David Ige as a Non-executive director from the South West, and Henry Obih as a non-executive director from the South East.“Mrs Lydia Shehu Jafiya, permanent secretary of the Federal Ministry of Finance, will represent the ministry on the new board, while Aminu Ahmed will represent the Ministry of Petroleum Resources,” Onanuga stated.
All the appointments are effective today, April 2.
President Tinubu, invoking the powers granted under Section 59, subsection 2 of the Petroleum Industry Act, 2021, emphasised that the board’s restructuring is crucial for enhancing operational efficiency, restoring investor confidence, boosting local content, driving economic growth, and advancing gas commercialisation and diversification.
He also handed out an immediate action plan to the new board “to conduct a strategic portfolio review of NNPC-operated and Joint Venture Assets to ensure alignment with value maximisation objectives.
”Since 2023, the Tinubu administration has implemented oil sector reforms.Onanuga said that in 2024, NNPC reported $17bn in new investments within the sector.
“The administration now envisions increasing the investment to $30bn by 2027 and $60bn by 2030.
“The Tinubu administration targets raising oil production to two million barrels daily by 2027 and three million daily by 2030.
“Concurrently, the government wants gas production jacked to 8 billion cubic feet daily by 2027 and 10 billion cubic feet by 2030,” he explained.
News
Anambra Achieves ‘100% Healthy’ Rating in Open Government Partnership Subnational Ranking
By Christian ABURIME
In a strong validation of institutional transparency and accountability, Anambra State has attained the highest possible “100% Healthy” rating in the latest Open Government Partnership (OGP) Nigeria Subnational Status Ranking released in July 2026.
The ranking evaluates participating states across a rigorous nine-point framework that measures genuine openness, accountability, and citizen engagement in governance. Anambra’s perfect score reflects full compliance and strong performance across all assessed criteria, based on verifiable actions rather than declarations.
Under the leadership of Governor Chukwuma Charles Soludo, CFR, the state has embedded a culture of structured governance that prioritises systems, predictability, and measurable results. The OGP assessment highlights Anambra’s political will, resource commitment, and consistent implementation of open government reforms.
“This rating is not an isolated achievement but the natural outcome of a deliberate approach to public administration,” sources familiar with the state’s reforms noted. Governor Soludo’s background as an economist and institution-builder has shaped policies that favour enduring structures over short-term visibility.
The state’s performance aligns with broader gains in service delivery, including notable improvements in primary healthcare that have earned recognition from international partners such as the World Health Organisation (WHO), UNICEF, and Médecins Sans Frontières.
A “100% Healthy” status signals to investors, development partners, and citizens that Anambra’s regulatory, fiscal, and accountability mechanisms are robust and operational. It positions the state as one of the few in Nigeria with independently verified governance architecture that emphasises transparency as a core operating principle.
The OGP framework operates in continuous cycles of commitment, co-creation, and implementation. Officials say Anambra’s leadership is focused on sustaining and deepening these reforms rather than resting on the current achievement.
In a political landscape often dominated by rhetoric, Anambra’s verified success underscores the compounding value of credibility built on measurable processes. The state continues its upward trajectory, reinforcing its reputation for commercial dynamism and sound governance.
News
Senate Rejects Motion to Probe N1.3bn PFIPC Allocation Amid Fresh Scandal Allegations
The Nigerian Senate has rejected a motion seeking a full-scale investigation into the controversial allocation of N1.3 billion to the Petroleum Fuel Import Pricing Committee (PFIPC), a decision that has intensified accusations of a cover-up in what is now being called the PFIPC scandal.
The motion, which was brought before the upper chamber on Wednesday, aimed to compel relevant committees to investigate the disbursement and utilisation of the funds. Proponents argued that the allocation raised serious questions of transparency, accountability, and possible mismanagement of public resources at a time when Nigerians are grappling with high fuel prices and economic hardship.
However, the Senate voted against the motion after a heated debate, with a majority of senators opposing the probe. Critics within and outside the chamber have described the rejection as a blatant attempt to shield powerful interests from scrutiny.
Details of the N1.3 billion allocation first emerged in recent weeks, triggering public outrage. Opposition lawmakers and civil society groups claim the funds were released under questionable circumstances with little documentation on how they were spent or what specific objectives were achieved. Some reports suggest the money was meant for subsidy-related activities or price modulation mechanisms, but lack of clarity has only fuelled suspicions of impropriety.
Reacting to the Senate’s decision, Senator [Name], who sponsored the motion, expressed disappointment: “This is a sad day for transparency in governance. Nigerians deserve to know what happened to this money.”
The development comes as the National Assembly faces growing pressure to demonstrate commitment to fighting corruption. Public commentators and activists have taken to social media to condemn the rejection, with many calling for external intervention by anti-graft agencies such as the EFCC and ICPC.
As of now, the executive arm has remained silent on the matter. The Senate leadership has defended its decision, stating that existing oversight mechanisms are sufficient and that not every allegation warrants a full parliamentary investigation.
The PFIPC scandal continues to generate heated debate, with calls mounting for more openness in the management of petroleum sector funds that directly affect the cost of living for millions of Nigerians.
News
FG Launches First University Innovation POD, Targets Research-Led Industrial Growth
The Federal Government has launched Nigeria’s first Manu-Tech University Innovation Pod at the Michael Okpara University of Agriculture, Umudike, as part of a broader strategy to transform universities into hubs of innovation, manufacturing, entrepreneurship and enterprise development.
The initiative is designed to connect academic research with industry and accelerate economic growth.
Speaking at the launch in Umudike, Abia State, the Minister of Education, Tunji Alausa, said universities must move beyond producing graduates and academic publications to becoming centres that create industries, generate jobs and provide practical solutions to national challenges.
He stressed that education must serve as a catalyst for production, innovation and national prosperity, and
explained that the Innovation Pod aligns with the Renewed Hope Agenda of President Bola Ahmed Tinubu and is the product of collaboration between the Federal Government, the United Nations Development Programme, Tertiary Education Trust Fund, MOUAU and other stakeholders.
“The facility is expected to bring together researchers, students, innovators, manufacturers and investors within a single innovation ecosystem”. the centre integrates emerging technologies including artificial intelligence, advanced manufacturing systems, agro-processing, industrial automation and entrepreneurship”.
“The facility will support the development of ideas from research and design stages through prototyping, production and eventual commercialisation”.
The Minister noted that the location of the Innovation Pod in Abia State is strategic because of its proximity to the renowned Aba manufacturing cluster, creating opportunities to link local enterprise with university research and investment.
He said the initiative would strengthen local manufacturing, promote value addition, create jobs and improve the competitiveness of Made-in-Nigeria products within the African Continental Free Trade Area.
Alausa also disclosed that the Innovation Pod model will be replicated across Nigeria’s geopolitical zones based on regional economic strengths, reaffirming the Federal Government’s commitment to building an education system that equips young Nigerians with future-ready skills, supports research commercialisation and contributes to the nation’s goal of becoming a one-trillion-dollar economy.
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