Tinubu Inaugurates New NNPCL Board Members

President Bola Ahmed Tinubu has officially inaugurated the board and management of the Nigerian National Petroleum Company Limited (NNPCL), signaling a renewed push toward energy sector reform and corporate transparency.

The swearing-in ceremony, held Thursday afternoon at the Aso Rock Presidential Villa, comes seven weeks after the appointments were announced on April 2, 2025. At the helm of the new board is Ahmadu Kida, serving as Non-Executive Chairman, while Bashir Ojulari takes charge as Group Chief Executive Officer of the NNPCL.

Shortly after the brief inauguration, President Tinubu proceeded to the All Progressives Congress (APC) National Summit at the State House Banquet Hall, maintaining a full agenda focused on governance and national development.

The 11-member board brings together seasoned professionals and regional representation from across the country, with a mix of public and private sector expertise to guide the operations of Nigeria’s foremost oil and gas entity.

Members include:

* Adedapo Segun and Bello Rabiu – North West
* Yusuf Usman – North East
* Babs Omotowa – North Central, former MD of NLNG
* Austin Avuru – South-South, Non-Executive Director
* David Ige – South-West
* Henry Obih – South-East

The board also includes Lydia Jafiya, Permanent Secretary at the Federal Ministry of Finance, as the ministry’s representative, and Aminu Ahmed from the Ministry of Petroleum Resources.

Key government figures were present at the ceremony, including:

* Wale Edun, Minister of Finance and Coordinating Minister of the Economy
* Mohammed Idris, Minister of Information and National Orientation
* Heineken Lokpobiri, Minister of State for Petroleum (Oil)

The newly inaugurated board is expected to spearhead efforts to further commercialize and professionalize NNPCL, as Nigeria deepens its commitment to energy sector transformation, attracting foreign investment and boosting operational efficiency.

This marks another step in the administration’s broader economic strategy aimed at restoring confidence in Nigeria’s oil and gas industry.