President Bola Tinubu has appointed Engineer Bashir Bayo Ojulari as the Group CEO of the Nigerian National Petroleum Company (NNPC) Limited.
The Special Adviser to President on Information and Strategy, Bayo Onanuga, made the announcement on Wednesday.
According to him, President Tinubu removed the board chairman, Chief Pius Akinyelure, and the group chief executive officer, Mallam Mele Kolo Kyari.
Ojulari, the new NNPC Limited Group CEO, hails from Oke-ode in Ifelodun local government, Kwara State. He graduated with a degree in Mechanical Engineering from Ahmadu Bello University, Zaria.
He worked for Elf Aquitaine as the first Nigerian process engineer to begin a stellar career in the oil sector. From Elf, he joined Shell Petroleum Development Company of Nigeria Ltd in 1991 as an associate production technologist.
Until his new appointment, He was Executive Vice President and Chief Operating Officer of Renaissance Africa Energy Company.
His Renaissance recently led a consortium of indigenous energy firms in the landmark acquisition of the entire equity holding in the Shell Petroleum Development Company of Nigeria (SPDC), worth $2.4 billion.
The new board chairman, Ahmadu Musa Kida, is from Borno State. He is an alumnus of Ahmadu Bello University, Zaria, where he received a degree in civil engineering in 1984. He also obtained a postgraduate diploma in petroleum engineering from the Institut Francaise du Petrol (IFP) in Paris
He started his career in the oil industry at Elf Petroleum Nigeria and later joined Total Exploration and Production as a trainee engineer in 1985.
Musa became Total Nigeria’s Deputy Managing Director of Deep Water Services in 2015. Last year, he became an Independent Non-Executive Director at Pan Ocean-Newcross Group.
