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Home Business President Buhari Suspends Inauguration of NNPC Board

President Buhari Suspends Inauguration of NNPC Board

by Kunle Awosiyan
Muhammadu Buhari

President Muhammadu Buhari has suspended the inauguration of the newly constituted Board of the Nigerian National Petroleum Company (NNPC) Limited, scheduled to hold Wednesday November, 2021.

The suspension was sequel to a directive issued by the Secretary to the Government of the Federation, SGF Boss Mustapha.

The Recent development comes two months after the NNPC Limited was incorporated in line with Section 53(1) of the Petroleum Industry Act 2021, which requires the Minister of Petroleum Resources to cause for the incorporation of the NNPC Limited within six months of commencement of the Act.

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