President Muhammadu Buhari has dropped Senator Ifeanyi Ararume as Chairman of the Board of the Nigerian National Petroleum Company (NNPC) Limited.
The President also replaced Senator Ararume with Senator Margret Okadigbo, wife of a former President of the Senate and running mate to President Buhari in 2007 under the All Nigerian Peoples Party, ANPP, late Senator Chuba Okadigbo.
Recall that Senator Ararume, who has been having a running battle with Governor Hope Uzodimma of Imo State, was appointed as the NNPC Board Charman on September 19, 2021.
The President suspended the inauguration of the board and management scheduled for November 23, 2021.
The replacement of Ararume as the NNPC Board Chairman and his replacement with Senator Okadigbo was announced via a statement issued by the Special Adviser to the President on Media and Publicity, Chief Femi Adesina on Wednesday in Abuja.