By Ayomide Otitoju
The Society of Energy Editors has called on the Ministry of Petroleum Resources, led by President Bola Tinubu, to address the uncertainty surrounding the tenure of Mallam Mele Kyari, Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC).
Kyari recently turned 60, prompting speculation about his retirement in line with Nigeria’s public service rules. However, no official statement has been issued regarding his status, leaving room for questions about corporate governance and transparency at NNPC Limited.
As a key player in Nigeria’s energy sector, NNPC manages several subsidiaries critical to the country’s economy. The lack of clarity on Kyari’s tenure, the Society noted, undermines the company’s stated commitment to improving corporate governance and operational efficiency.
In a statement, the Society urged the Ministry of Petroleum Resources to provide clear communication or direct the NNPC Board to address the matter. “NNPC Limited must demonstrate transparency and adherence to best practices in corporate governance,” the group said.
The statement emphasized the importance of optics in fostering good governance and attracting foreign investment. “In the interest of promoting good governance and attracting foreign direct investment, NNPC Limited’s affairs should not be left to speculation. We look forward to a prompt response from the Ministry of Petroleum Resources and the NNPC Limited Board,” the group added.
The Society of Energy Editors is a professional body committed to enhancing energy reporting, supporting journalists in the sector, and fostering public understanding of Nigeria’s energy issues.
