President Goodluck Jonathan on Monday approved the constitution of a new board of directors for the Nigerian National Petroleum Corporation (NNPC).
A statement by the presidential spokesman Reuben Abati stated that the decision was in furtherance of the president's commitment to the reform and the improvement of the oil and gas industry.
The new board, according to Abati, is made up of the Minister of Petroleum Resources as chairman, Permanent Secretary, Federal Ministry of Finance and Group Managing Director (NNPC) as members.
Other members are Alhaji Abdullahi Bukar, Mr Steven Oronsaye, Prof. Olusegun Okunnu and Mr Daniel Wadzani.
The Group Executive Director (GED), Finance and Accounts, Mr. Bernard Otti, GED, Corporate Services, Dr Peter Nmadu, are also members.
Jonathan charged members of the new board to discharge their duties with integrity in order to enhance positive transformation of the petroleum sector.