The Nigerian Association of Petroleum Explorationists (NAPE), has commended President Bola Tinubu for the naming a new board for the Nigerian National Petroleum Company Limited, noting that the development is a bold step towards repositioning the oil and gas industry for greater efficiency, transparency, and profitability.
In a statement signed by NAPE President, Johnbosco Uche the association said, the appointment of Bayo Ojulari as the new Group CEO, alongside Ahmadu Musa Kida as Non-Executive Chairman, is a testament to the President’s commitment to excellence and his desire to drive growth in the sector.
Tinubu had earlier sacked the NNPCL chairman, Pius Akinyelure, and the Group Chief Executive Officer, Mele Kyari, as well as other directors.
The statement read, “The Nigerian Association of Petroleum Explorationists wishes to express its profound appreciation to President Bola Ahmed Tinubu for the recent appointment of a new Board and Management Team for the Nigerian National Petroleum Company Limited.
“NAPE is delighted to observe that the newly appointed board comprises seasoned professionals, including Austin Avuru, a former President of NAPE who has held esteemed top management positions within the oil and gas industry.
“The new board’s mandate to enhance operational efficiency, restore investor confidence, and increase commercial viability aligns with NAPE’s goals and aspirations for the industry. We are confident that the new team will bring the necessary expertise and experience to drive the oil and gas sector forward.”
