LYDIA SHEHU JAFIYA GETS APPOINTMENT TO BOARD OF NNPC LIMITED

LYDIA SHEHU JAFIYA 
Perm Secretary, Fed. Ministry of Finance and member, Board of the NNPCL

"As a seasoned technocrat, Mrs. Jafiya is not only going to represent the Ministry of Finance on the Board, but more importantly, she is expected to bring in her wealth of experience and expertise to bear in the realization of the policy objectives of government." 

.... Her appointment also underscores the government's commitment to leveraging skilled professionals to drive growth and development in the oil and gas sector."

The Permanent Secretary, Federal Ministry of Finance, Mrs Lydia Shehu Jafiya has been appointed by the President, Federal Republic of Nigeria, Senator Bola Ahmed Tinubu as a member of the new Board of the Nigerian National Petroleum Company Limited, NNPCL.

This appointment is part of a broader restructuring effort aimed at enhancing operational efficiency, restoring investor confidence, and driving economic growth described as a significant move to reconstitute the Nigerian National Petroleum Company (NNPC) Limited Board.

The new 11-man board, effective April 2, is chaired by Ahmadu Musa Kida, with Engineer Bashir Bayo Ojulari serving as Group CEO.

In a statement issued by Special Adviser to the President, Information and Strategy, Mr Bayo Onanuga and made available to journalists by the Director Information and Public Relations of the Federal Ministry of Finance, Mohammed Manga, the President called on the new Board to conduct a strategic portfolio review of NNPC-operated and Joint Venture Assets to ensure alignment with value maximization objectives.

"As a seasoned technocrat, Mrs. Jafiya is not only going to represent the Ministry of Finance on the Board, but more importantly, she is expected to bring in her wealth of experience and expertise to bear in the realization of the policy objectives of government. Her appointment also underscores the government's commitment to leveraging skilled professionals to drive growth and development in the oil and gas sector." The statement read.

"With this new development, Nigeria is poised to witness significant transformations in its energy landscape, driven by a reinvigorated NNPC Limited Board. As the country strives to achieve its ambitious energy goals, the Ministry remains committed to providing strategic guidance and support through Mrs. Jafiya's representation on the Board." The statement concluded