Recall that I asked some questions about the new status of NNPC and its transition to NNPC LTD in my earlier post but no answer came my way.

In the interest of my followers and for the benefit of all other Nigerians, I have decided to conduct Search on the new Company at Corporate Affairs Commission and therefore, I have decided to share the outcome of my findings after payment of requisite fee with the public for posterity sake since our Government have refused to offer us explanation and having realised that explanation may never come!

The report of the search is as follows:

Number of Directors: 11

Name of Directors:
1. Kyari Mele Kolo
2. Ararume Ifeanyi Godwin
3. Akinyelure Pius Oluwole
4. Umar Sagir Tajudeen
5. Lawal Muhammed
6. Ahmed Lawal Onayi
7. Okadigbo Mary Chibogu
8. Onukwugha Constance Harry
9. Ajiya Umar Isa
10. Sani Gwarzo Nasir
11. Ahmed Aliyu

Company Secretary:
Coomasie Hadiza Yusuf.

Number of Share:
200,000,000,000 ordinary Shares of N1 each

Share Holders!

1. Ministry of Finance = 100,000,000,000.
2. Ministry of Petroleum = 100,000,000,000.

Persons with Significant Control:
1. Ministry of Finance Incorporated = 50% voting right.
2.Ministry of Petroleum Incorporated = 50% voting right.

Fellow Nigerians, the above is the Status of our joint Patrimony as at today after it became a Limited Company. Look at the names and geographical spread of Directors and pass your comment on whether the new status is fair, just and equitable. The South West has only 1 person on the board, South East has 2 and South South (owners of the Petroleum) has 1. The remaining 7 comes from the North and the Company Secretary is also from the North. This is ratio 4:8, I leave the rest for you all to be the judge!

My name is TOLU BABALEYE ESQ writing from the Office of the Citizens!