Business

Today’s inauguration of the NNPC Limited Board suspended indefinitely

The inauguration of the newly constituted Board of the Nigerian National Petroleum Company Limited, NNPC, slated for today, has been indefinitely suspended by President Muhammadu Buhari.

Making this known through a statement captioned ‘Suspension of Inauguration of Newly Constituted Board Of NNPC LTD,’ the Secretary to the Government of the Federation, Boss Mustapha, revealed that the inauguration of the Board, initially scheduled to hold on Wednesday (today), was suspended indefinitely.

According to him, “President Muhammadu Buhari has directed the immediate suspension of the inauguration of the newly constituted Board of the Nigerian National Petroleum Company Limited (NNPC) scheduled for Wednesday 24th November 2021 until further notice.

“A new date for the inauguration of the Board will be announced in due course. We deeply regret inconveniences caused to members by this suspension, please.”

The indefinite suspension of the inauguration of the board is coming two months after the NNPC Limited was incorporated in line with the directive of the President.

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