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.

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Petroleum Minister should not be the Scape Goat for the rot in our Oil and Gas Industry. The problems of the industry predate Diezeani's appointment as a Minister. The level of sophistication of corruption there and official connivance is suggestive of cultism in this Industry. It takes a more sophisticated approach to break the jinx of these cultists. With the exprience so far garnered by Diezeani,and the calibre of persons in the newly reconstituted NNPC Board, let us hope they will perform creditably, and to the expectation of Nigerians. Diezeani and others are therefore welcome on BOARD of NNPC. By Isunola Asi Anishere