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Presidency Reveals Reasons Behind Tinubu’s Shake-up at NNPCL, Emphasizes Performance Over Age
Presidency officials have clarified that President Bola Tinubu’s decision to remove Mele Kyari and other board members of the Nigerian National Petroleum Company (NNPC) Limited is a response to concerns over performance and a failure to meet critical production targets.....KINDLY READ THE FULL STORY HERE▶
In a move announced on Wednesday, April 2, 2025, Tinubu ordered sweeping changes at NNPCL, including the dismissal of Kyari as Group Chief Executive Officer (GCEO). The reshuffle is intended to improve the efficiency of the state-owned oil company and restore investor confidence.
Bashir Ojulari has been appointed as the new Group CEO, effective immediately. Presidency sources, speaking to Punch, stressed that the shake-up was performance-based, arguing that those previously in charge were not driving the company forward and had instead become part of the problem.
“The President did this because of their performance; we needed to do things differently. The former people were taking us in circles,” one official said. “There needs to be a new direction, and new people to bring fresh energy into the system. These are not politicians; they are industry experts who know the field inside and out.”
Further clarification came from another official who emphasized that Kyari’s removal was not related to his age but rather due to performance metrics. The official noted that NNPCL is a limited liability company, not governed by civil service rules, and the need for “new blood” to drive production growth was paramount.
“We want to achieve 3,000,000 barrels of crude oil per day by 2030 and stabilize production at 2,000,000 per day by 2027. Gas production targets have been set at 10 billion cubic meters by 2030,” the official outlined. “The previous administration had failed to meet such objectives, which is why these reforms are necessary.”
Kaduna State Governor, Uba Sani, says the state has mapped out 22,435 hectares of degraded land for restoration under the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project using modern geospatial mapping technology.....KINDLY READ THE FULL STORY HERE▶
He said the initiative is part of efforts to strengthen climate resilience, tackle environmental degradation, and promote sustainable land use in the state.
Speaking at the ACReSAL mid-term review meeting in Kaduna through the Commissioner for Environment and Natural Resources, Abubakar Buba, the governor explained that the use of geospatial tools has made it possible to accurately identify affected areas for targeted intervention.
He added that the project is not only focused on land recovery but also on boosting agricultural output and improving livelihoods in affected communities.
Sani also noted that the state is supporting the programme with empowerment initiatives, including training over 500 women, youths, and school feeding vendors in biomass briquette production.
According to him, the effort is already helping to reduce dependence on firewood while creating alternative sources of income for beneficiaries.
President Tinubu has given full backing for the implementation of the ₦68.32 trillion 2026 budget after signing the Appropriation Bill passed by the National Assembly into law.....KINDLY READ THE FULL STORY HERE▶
He also approved an amendment extending the lifespan of the 2025 budget from March 31 to June 30, 2026, to ensure completion of ongoing capital projects nationwide.
Under the 2026 fiscal plan, ₦4.799 trillion is set aside for statutory transfers, ₦15.8 trillion for debt servicing, ₦15.4 trillion for recurrent spending, while ₦32.2 trillion goes to capital projects—about half of the total budget.
The focus, according to the administration, is on infrastructure development, security, and growth-driven investments aimed at improving living standards.
Speaking on the development, presidential aide Bayo Onanuga said the extension of the 2025 budget will help ensure full use of allocated funds, especially for major ongoing projects.
Tinubu directed all ministries, departments, and agencies to ensure transparency, discipline, and value-for-money in implementing the budget, while praising the National Assembly for its swift passage of the bill.
He also reaffirmed his administration’s commitment to economic reforms, revenue growth, job creation, and social welfare improvements.
The Peoples Democratic Party (PDP) in Kwara State has described moves to prosecute former Senate President Bukola Saraki and former Governor Abdulfatah Ahmed over alleged culpable homicide as an attempt to reopen the 2018 Offa robbery tragedy for political purposes.....KINDLY READ THE FULL STORY HERE▶
In a statement on Friday, the party’s spokesperson, Olusegun Adewara, said the development is a disturbing and dangerous politicisation of a case they claim has already been addressed through judicial processes.
He warned against dragging the state into fresh tension, accusing the state government of attempting to revive old allegations for political advantage.
Adewara said the PDP would not remain silent while what he called “political narratives” are used to influence public perception around a tragic incident that claimed multiple lives in Offa in 2018.
He also urged residents, especially affected families, not to allow their pain to be used for political gains, insisting it is unjust to associate Saraki with the crime.
The party further alleged that the move is aimed at distracting attention from governance challenges in the state.
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