👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

NNPC gets temporary alternate board chair, replacing outgoing Kachikwu

Published 26/06/2019, 11:52
NNPC gets temporary alternate board chair, replacing outgoing Kachikwu

LAGOS, June 26 (Reuters) - Nigeria's President Muhammadu
Buhari has appointed a temporary alternate chairman for state
oil company NNPC, the company said in a statement.
The appointment fills a gap left by the end of Emmanuel Ibe
Kachikwu's term as minister of state for petroleum. Since
Kachikwu's term ended, the petroleum industry veteran and
regular fixture at OPEC meetings is no longer on the NNPC board.
Buhari, who was himself the petroleum minister during his
first term in office, remains the chairman of the board.
Dr. Thomas M.A. John, a former group managing director of
NNPC, will hold the position until Buhari appoints either a
petroleum minister or minister of state for petroleum.


Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.