President tells new NNPC head to recover stolen oil money

Monjola Sotubo 13:04 - 05 August 2015

Kachikwu was appointed to replace former NNPC GMD, Joseph Dawha on Tuesday, August 4, 2015.

President Muhammadu Buhari has reportedly ordered the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Emmanuel Ibe Kachikwu to recover oil funds stolen from the corporation.

Kachikwu was appointed to replace former NNPC GMD, Joseph Dawha on Tuesday, August 4, 2015.

A source told The Nation:

“The President opted for Kachikwu who is the Vice President of Exxon Mobil, not only in Nigeria but in Africa. Buhari was impressed by his impeccable credentials as the most senior black African in any multi-national oil firm in the world with 30 years experience.

“In their negotiation, President Buhari repeatedly said: ‘I won’t interfere with your work; I will give you a free hand because I want to reform this oil sector once and for all.’ The GMD accepted the job following what he realized as “the infectious patriotism and genuine intention of the President.”