Friday 26 June 2015

Real Reasons Why President Buhari Dissolved NNPC Board Today


Our correspondent has it that President Buhari has dissolved the governing board of the Nigerian National Petroleum Corporation (NNPC) today, will reconstitute the board with one of the 'cleaner' Deputy Managing Directors of the same in a few weeks.

The board was dissolved through a memo issued by Danladi Kifasi of the Head of the Nigerian Civil Service.

Femi Adesina, the Special Adviser to Media and Publicity to President Buhari, told SaharaReporters that “you can’t make changes without having new leadership” and that the President remains “committed to cleaning up the system, and wants accountability and transparency in the oil industry.”

Mr. Adesina added that “people must be patient for the President’s next move.” Responding to public concern that the President is very slow to take action.

News of Mr.President action to dissolve the governing board comes at a time when the NNPC has been at the center of the controversial “Missing $20 billion” scandal, which involves the former Minister of Petroleum, Mrs. Diezani Alison-Madueke.

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