JUST-IN: Ignore Fake News, Kyari Is Still Substantive GCEO Of NNPC—Presidency
OIL & GAS

Contrary to speculations making the round that President Bola Tinubu has directed the suspension of Mallam Mele Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, there is no such directive from the President.

Presidency sources confided in THE WHISTLER on Saturday night that the President has not given such directive for the suspension of Kyari as NNPC Boss.

Social media platforms were abuzz on Saturday evening with several posts claiming the President had directed the immediate suspension of Kyari as NNPC GCEO.

The social media posts of the purported suspension of Kyari gained traction as it was coming barely 24 hours after the Presidency announced the suspension of Godwin Emefiele from office as the Governor of the Central Bank of Nigeria.

Multiple sources in the Presidency told THE WHISTLER that there is no such plan to suspend Kyari as the GCEO of the NNPC.


One of the sources said, “We got to know about the purported suspension through social media posts. But I can confirm to you that there is no such directive coming from the President. Nigerians are known to play a lot with trends and someone may just have sat down somewhere to make such posts.

“There is no iota of truth in that post claiming that the President has suspended the NNPC GCEO. There is nothing to be worried about because the Petroleum Industry Act is clear on how the NNPC GCEO or any member of the NNPC Board could be removed.”

When contacted, an Aide to the Secretary to the Government of the Federation told THE WHISTLER that they have not received any of such directive from the President.

“Please disregard those reports because they are fake news. We don’t have such directive from the President to suspend Kyari,” the Aide said.

The source said the Presidency will not dignify rumour mongers with an official response.

https://thewhistler.ng/just-in-ignore-fake-news-kyari-is-still-substantive-gceo-of-nnpc-presidency/
Updated to confirm that his reported sack is not yet official and true.

And another gang of super looters are on board.

Asiwaju Bola Ahmed Tinubu is repping us Lagosians well. Eko o gba gbere o.
Check my signature for free stuffs!

Jail loading

FreeStuffsNG:
Kyari fired with immediate effect.
Details soon.

To bring on board new set of looters

Isn't NNPC a private company?

Ofunaofu:


To bring on board new set of looters

.to bring in a new set of Patriots

Don't be negative

lol

Did you expect all Buhari appointees to remain?

One Femi is waiting on the wings to replace him even on a temporary capacity...

N3TRAL:
Isn't NNPC a private company?

FG is the largest shareholder I am not sure he got FG's approval for the price adjustment. He just interpreted the removal of subsidy as automatic right to hike price without exhaustive input from FG

Am not impressed if at last buhari too is not questioned,...afterall, these people are merely his emissaries.

Are you sure about this. . If it is true l would be very happy oo

FreeStuffsNG:
Kyari, MD of NNPC, fired with immediate effect.
Details soon.

FreeStuffsNG:
FG is the largest shareholder

Okay, but can you remove a director without the agreement of the members at a general meeting?

iammo:

.to bring in a new set of Patriots

Don't be negative

From where...... planet Mars

Time to separate the weed from the wheat

Looks like the President needs some fresh air around key areas...

Some 'airs' are so stale and smelling rots

Cooly100:

lol

Did you expect all Buhari appointees to remain?

One Femi is waiting on the wings to replace him even on a temporary capacity...

Space your wailing.
Na 8 years you get. If you finish everything this month, which one you go use for the remaining years?
Na good advise I give you so

iammo:

.to bring in a new set of Patriots

Don't be negative

They are not Nigerians. Just ignore them because Nigeria will never bless them

Cooly100:

lol

Did you expect all Buhari appointees to remain?

One Femi is waiting on the wings to replace him even on a temporary capacity...

Thank you. I wonder what people were expecting. Tinubu will surround himself with people he can trust and SWs hardly trust anyone apart from themselves.

oyebanji44:
Are you sure about this. . If it is true l would be very happy oo

So you expected all Buhari appointees to remain...

I thought his first casualty would have been the FIRS boss who replaced Fowler from Lagos...A Tinubu stooge who looted the agency dry and Buhari had to remove him.

We didn't see EFCC nor DSS arrest him because of his god father...

he was just replaced and asked to go home and sin no more...

That's Nija for you...

FreeStuffsNG:
FG is the largest shareholder I am not sure he got FG's approval for the price adjustment. He just interpreted the removal of subsidy as automatic right to hike price without exhaustive input from FG

Procedure for removing a director according to section 288 of CAMA 2020:

1) A company may by ordinary resolution remove a director before the expiration of his period of office, notwithstanding anything in its articles or in any agreement between the company and him.

(2) A special notice is required of any resolution to remove a director under this section, or to appoint some other person instead of a director so removed, at the meeting at which he is removed, and on receipt of notice of an intended resolution to remove a director under this section, the company shall immediately send a copy of the notice to the director concerned and (whether or not he is a member of the company) and is entitled to be heard on the resolution at the meeting.

(3) Where notice is given of an intended resolution to remove a director under this section and the director concerned makes, with respect to it, representations in writing to the company (not exceeding a reasonable length) and requests their notification to members of the company, the company shall, unless the representations are received by it too late for it to do so— (a) in any notice of the resolution given to members of the company, state the fact of the representations having been made ; and (b) send a copy of the representations to every member of the company to whom notice of the meeting is sent (whether before or after receipt of the representations by the company), and if a copy of the representations is not sent as required in this section because it is received too late or because of the company’s default, the director may (without prejudice to his right to be heard orally) require that the representations are read out at the meeting : Provided that copies of the representations need not be sent out and the representations need not be read out at the meeting if, on the application either of the company or any other person who claims to be aggrieved, the court is satisfied that the rights conferred by this section are being abused to secure needless publicity for defamatory matter and the court may order the company’s costs on an application under this section to be paid in whole or in part by the director, notwithstanding that he is not a party to the application.

(4) A vacancy created by the removal of a director under this section, if not filled at the meeting at which he is removed, may be filled as a casual vacancy.

(5) A person appointed director in place of a person removed under this section is treated, for the purpose of determining the time at which he or any other director is to retire, as if he had become director on the day on which the person in whose place he is appointed was last appointed a director.

(6) Nothing in this section is taken as depriving a person removed under it of compensation or damages payable to him in respect of the termination of his appointment as a director or of any appointment terminating with that as director, or as derogating from any power to remove a director which may exist apart from this section.

---

I doubt your news. If it's true, then Tinubu's legal advisers are wrong.

Racoon:
And another gang of super looters are on board.

It should be a Yoruba man, it is their turn to chop.

No time.

Cooly100:


So you expected all Buhari appointees to remain...

I thought his first casualty would have been the FIRS boss who replaced Fowler from Lagos...A Tinubu stooge who looted the agency dry and Buhari had to remove him.

We didn't see EFCC nor DSS arrest him because of his god father...

he was just replaced and asked to go and sin no more...

That's Nija for you...

Even the DSS head will be removed in a few weeks.

Racoon:
And another gang of super looters are on board.

Perhaps they should replace them with you. That's the only time sourpusses like you would be convinced the right thing has been done. As old as you. Smh.

I'm very sure you also pilfer in your place of work but sure wouldn't admit it. People like you who tend to see no good in anything tend to be much worse than those you criticise.

Okay

A ti gbo

k

omenka:
Perhaps they should replace them with you. That's the only time sourpusses like you would be convinced the right thing has been done. As old as you. Smh.

I'm very sure you also pilfer in your place of work but sure wouldn't admit it. People like you who tend to see no good in anything tend to be much worse than those you criticise.

For you..anything that will keep Nigeria down...you will support it...

I know you support this Tinubu stooge...when he was in FIRS Chairman...he might be recalled to head the agency again...

You won't even blink..

https://saharareporters.com/2020/11/16/breaking-ex-firs-chairman-fowler-returns-efcc-office-over-fresh-n9.2bn-traced-personal

President Bola Ahmed Tinubu is what we thought Buhari was, action from day one in office. Am optimistic that our country will prosper under him.

iammo:

.to bring in a new set of Patriots

Don't be negative

Asking people like him not to be negative is equivalent to asking them to hang themselves.

omenka:
Asking people like him not to be negative is equivalent to asking them to hang themselves.

.

Asking people like you to support EFCC to do their work without partiality is like eating your own flesh...till...

One of Buhari's mistake is retaining Emefiele,am sure Tinubu won't make same mistake