NOC celebrates Musa Kida’s appointment as chairman of NNPC Ltd. Board

The Nigeria Olympic Committee (NOC) has warmly welcomed the appointment of its treasurer, Musa Kida, as the Board Chairman of the Nigerian National Petroleum Company Limited (NNPC Ltd.).

NOC President, Habu Gumel, shared his excitement on Thursday, issuing a statement through the Public Relations Officer, Tony Nezianya.

Gumel lauded Kida’s new role, calling it a remarkable achievement for the Nigeria Olympic Movement, while highlighting his exemplary leadership.

He credited Kida’s work in various capacities, including as the President of the Nigeria Basketball Federation and NOC’s Treasurer, as instrumental in shaping the positive trajectory of sports governance in Nigeria.

“This remarkable achievement speaks to your exceptional leadership, dedication, and vision in sports, both as the President of the Nigeria Basketball Federation, the Treasurer of NOC, and in the broader corporate governance landscape,” Gumel stated.

He further commended Kida’s commitment to excellence, noting his ability to inspire those around him. “Your hard work and dedication are commendable, and we wish you all the success in this new career chapter,” Gumel added.

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Looking ahead, Gumel expressed confidence that Kida’s innovative mindset and vast experience would drive impactful changes within NNPC Ltd., particularly in the development of Nigeria’s energy sector.

The President of the Republic, Bola Tinubu, had reconstituted the NNPC Ltd. board on Wednesday, making significant changes.

This included the removal of Chairman Chief Pius Akinyelure and Group Chief Executive Officer (GCEO) Mele Kyari.

Tinubu had replaced all board members appointed with Akinyelure in November 2023, and Kyari, who had been in office since 2019.

The newly restructured 11-member board features Mr. Bayo Ojulari as GCEO, while Musa Kida will serve as the Non-Executive Chairman.