Lagos, April 2, 2025 – The Nigerian Association of Petroleum Explorationists (NAPE) has commended President Bola Tinubu over the board changes in the Nigerian National Petroleum Corporation Limited (NNPCL)
The association described board changes as a bold step to reposition the oil and gas sector for greater efficiency, transparency and profitability.
Johnbosco Uche, the NAPE President, made the commendation in a statement on Wednesday.
The association said the appointment of Bayo Ojulari as the new Group Chief Executive of NNPCL with Ahmadu Musa Kida as Non-Executive Chairman, showed the President’s commitment to excellence and his desire to drive growth in the sector.
“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.”
“Once again, NAPE commends Tinubu for this laudable achievement and pledges its support for the new NNPC Board and Management Team. We look forward to collaborating with them to achieve the desired growth and development in the oil and gas sector,” the association said.
