President Muhammadu Buhari today 26th June 2015 sacked Nigerian National Petroleum Corporation (NNPC) board of directors.

This is also according to a letter signed by Danladi Kifasi, head of the civil service of the federation.

In the letter, Buhari thanked members of the dissolved board for their services to Nigeria.

As it was reported earlier the restructuring of Petroleum Corporation, may benefit many northerners, a development that is already producing tension within and outside the NNPC.

Some experts have also supposes that it can causes doom for the petroleum industry if the policies are implemented.

More details later.

Kanyi Okeke

Kanyi is the Founder & Editor-in-Chief of KanyiDaily.com. When she's not serving DAILY delicious scoops on Entertainment and news, you can find her reading a book by the beach. Keep up with Kanyi on Instagram and Twitter or through her email Kanyi@KanyiDaily.com

Recent Posts

CBN offers ₦2 trillion in OMO bills as banks park over ₦6 trillion at deposit window

ABUJA, Nigeria — The Central Bank of Nigeria (CBN) is offering ₦2 trillion in Open…

2 hours ago

INTERPOL arrests Nigerian suspect over alleged $2.4 million fraud laundered through crypto

LAGOS, Nigeria — The International Criminal Police Organization (INTERPOL) has announced the arrest of a…

3 hours ago

Private sector credit falls ₦537.6 billion in September but still up 15.7% a year

ABUJA, Nigeria — Credit to Nigeria’s private sector fell to ₦83.93 trillion in September 2026,…

9 hours ago

Cash outside banks rises ₦48.7 billion to ₦4.92 trillion in September

ABUJA, Nigeria — Cash held outside Nigeria’s banking system rose by ₦48.7 billion to ₦4.92…

9 hours ago

Guinness Nigeria nine-month profit jumps 53% to ₦40.69 billion

LAGOS, Nigeria — Guinness Nigeria Plc has posted a 53.1% rise in profit after tax…

9 hours ago

Oil tops $111 as Iran claims attacks on seven vessels near Hormuz

LAGOS, Nigeria — Global crude oil prices rose above $111 per barrel on Thursday, October…

10 hours ago