Posted on: 09:05 Wed, 04 Nov 2015



President Muhammadu Buhari will later
this month replace the Group Managing
Director (GMD), Nigerian National
Petroleum Corporation (NNPC), Dr.
Emmanuel Ibe Kachikwu.

DAILY POST gathered that Buhari has
already picked out three persons,
including Deputy Managing Director
of the Nigeria Liquefied Natural Gas
(NLNG), Isa Mohammed Inuwa.

Inuwa was Group General Manager,
Corporate Services in NNPC before
he joined NLNG.

The race to succeed Kachikwu,
former Executive Vice Chairman and
General Counsel of Exxon-Mobil
(Africa), began after Buhari sent his
name as a ministerial nominee to
the Senate.

Kachikwu, who has been cleared, is
expected to emerge as the Minister of
State for Petroleum Resources, a
ministry Buhari has announced he
will keenly supervise.

Kachikwu beat two others – Inuwa
and General Manager, Total E&P
Nigeria Limited, Mr. Ahmadu-Kida
Musa – to emerge as NNPC GMD in
August, replacing Dr. Joseph Dawha.

With the elevation of Kachikwu,
Buhari has reportedly added one
more name to contest with Inuwa
and Musa for the top job.

The trio are all northerners. This is
not unexpected as Kachikwu will be
a minister of state from Delta State
in Southern part of the country.

Meanwhile, the Office of the
Secretary to the Government of the
Federation (SGF) has been mandated
to review the profiles of the three
nominees and make a
recommendation to the president.

Kachikwu, industry players, say has
done well in his short time in office.

Part of his achievements are monthly
publication of NNPC sales, public
opening of bid tenders in a bid to
ensure transparency, reducing the
corporation’s directorates from eight
to five to improve efficiency and
reduce cost of running the
organisation.

Two weeks ago, Kachikwu met with
the President of Ghana, John
Mahama in Kumasi, Ghana, to reach
a deal on the outstanding debts owed
Nigeria by the Volta River Authority
(VRA) for gas supplied.

Source:- Daily Post