General News
Buhari Sacks MDs of NNPC Subsidiaries
President Muhammadu Buhari has fired the managing directors of the subsidiaries of the Nigerian National Petroleum Corporation (NNPC) and retired 38 top management staff of the firm, trimming down their number from 122 to 83.
The President also approved four new directorates for the national oil corporation and appointed four directors to man them.
Buhari further allowed the firm to recruit 12 private sector players into its management cadre to help it jump-start a new business outlook to enhance its operational environment as a profit-driven business and wean the firm from its present civil service orientation.
The four new directorates are Exploration and Production, Finance and Services, Refining and Technology, and Commercial and Investment.
As the restructuring at the corporation went on, our correspondent observed that a good number of staff members of the oil firm stayed back on Tuesday evening, even after closing for the day’s job.
Many of them were spotted discussing in hushed tones, while a few visibly tensed workers made it clear that there was fear of job losses in the air at the NNPC, going by the downsizing of the executive positions from eight to four and the trimming of top management staff from 122 to 83.
Saturday PUNCH had reported exclusively that the approval of directorates and managers to occupy the positions were delayed by the President.
This, however, was confirmed by Mr. Ohi Alegbe, the corporation’s Group General Manager, Group Public Affairs Division, in a statement on Tuesday in Abuja.
The corporation, in the statement, said, “The management of the NNPC has appointed four new group executive directors to man the four new directorates that have been approved by the Presidency.”
Dr. Emmanuel Kachikwu, group managing director, disclosed that the new appointments were in line with the Federal Government’s aspiration to transform the corporation into a lean, efficient, business-focused, transparent and accountable national oil company in keeping with international best practices.
The appointments which were approved by President Muhammadu Buhari include Dr. Maikanti Baru, Group Executive Director, Exploration and Production; Mr. Isiaka Abdulrazaq, Group Executive Director, Finance and Services; Mr. Dennis Nnamdi Ajulu, Group Executive Director, Refining and Technology and Dr. Babatunde Victor Adeniran, Group Executive Director, Commercial and Investment.
The statement noted that a new company secretary/legal adviser and managing directors were also appointed for the firm’s strategic business units.
It said they include “Chidi Momah, Group General Manager, Company Secretary and Legal Adviser; Mrs. Esther Nnamdi Ogbue, Managing Director, Pipelines and Products Marketing Company; Mr. Chinedu Ezeribe, Managing Director, Warri Refining and Petrochemicals Company; Mr. Babatunde Bakare, Managing Director, Nigerian Gas Company; Mr. Inuwa Ibrahim Waya, Managing Director, Hyson; Mr. Abubakar Mai-Bornu, Managing Director, Nigerian Petroleum Development Company; and Mr. Ladipo Fagbola, Managing Director, NNPC Retail.
Others are “Mr. Rowland Ewubare, Managing Director, Integrated Data Services Limited; Mr. Modupe Bammeke, Managing Director, NNPC Properties; Mr. Abdulkadir Saidu, Managing Director, Duke Oil; and Mr. Dafe Sejebor, Group General Manager, Nigerian Petroleum Investment Management Services.
The statement added that “the corporation also retired 38 top management staff reducing the number from 122 to 83. Also in line with the aspiration to reposition the corporation, 12 personnel have been recruited from the private sector into the top management cadre to jump-start a new business outlook to enhance the operational environment as a profit-driven business as against the current civil service orientation.”
The restructuring at the NNPC started last week Tuesday after Buhari fired the former GMD, Dr. Joseph Dawha, and replaced him with Kachikwu.
A day later, the President sacked the firm’s eight group executive directors but announced no replacement, although our correspondent reported that the eight departments were trimmed to four.
The restructuring continued on Friday as Kachikwu redeployed the Group General Manager, Crude Oil and Marketing Division, Mr. Gbenga Komolafe, and replaced him with Mr. Musa Usman, who was to serve in acting capacity.
About two weeks ago, President Buhari declared a strong stance to fix Nigeria’s oil sector, rid the industry of rot and probe monies stolen by operators in the sector.
The President had in late June dissolved the NNPC board.
The Federal Government, through the NNPC, regulates and participates in the country’s petroleum industry.
An Act to dissolve the former Nigerian National Oil Corporation and to establish the NNPC was promulgated in 1977.
The NNPC was established on April 1, 1977, as a merger of the Nigerian National Oil Corporation and the Federal Ministry of Mines and Steel.
Guinness Nigeria has officially begun rewarding consumers under its nationwide ‘Open For More’ National Consumer Promotion (NCP), with an impressive ₦17 million in rewards to 107 winners during the campaign’s first live draw held on July 31, 2026.
The inaugural draw instantly transformed the fortunes of consumers across the country, producing seven new millionaires, who each received ₦1 million, alongside 100 additional winners, who each walked away with ₦100,000. The milestone marks the beginning of a series of weekly live draws that will see hundreds more Nigerians rewarded throughout the promotion.
The seven ₦1 million winners are Marcus Barieepie, Ani Valentine Ogochukwu, Okafor Sochima, Taiwo Adebola, Zubair Rukayat, Oluwatobi Femi, and Ebubechukwu Okolo.
The live draw was conducted under the supervision of the Federal Competition and Consumer Protection Commission (FCCPC) to ensure transparency and fairness. Representatives of the commission present included Dr. Olubunmi Otti, Zonal Coordinator, FCCPC Southwest, and Mrs. Abosede Ogundeji, Surveillance and Investigation Officer.
Speaking during the draw, Ramanathan S, representing Guinness, said the promotion reflects the brand’s enduring commitment to celebrating and rewarding the consumers who have supported Guinness over the years.
“For decades, Nigerians have made Guinness a part of their milestones and celebrations. Today, we are proud to give back by putting ₦17 million directly into the hands of 107 consumers in our very first draw. This is only the beginning. Over the coming weeks, many more Nigerians will experience life-changing rewards as we continue to celebrate the loyalty of the people who have made Guinness part of their stories.”
He added that all weekly draws will continue to be streamed live across Guinness Nigeria’s official platforms, enabling consumers to witness the winner-selection process in real time and reinforcing the transparency and credibility of the promotion. He also encouraged eligible consumers nationwide to participate, noting that every valid entry presents another opportunity to win.
The ‘Open For More’ National Consumer Promotion offers consumers the chance to win ₦1 million every day, ₦100,000 cash prizes for 1,000 winners, and a Toyota Land Cruiser Prado as the grand prize. Altogether, the promotion will reward consumers with more than ₦400 million in cash and prizes.
To participate, consumers simply need to purchase specially marked bottles of Guinness Foreign Extra Stout or Guinness Smooth, locate the unique code beneath the crown cork or can lid, and enter the code via the designated campaign platform.
With ₦17 million already won in its opening draw, the campaign is off to a remarkable start, reinforcing Guinness Nigeria’s commitment to rewarding consumer loyalty through transparent processes and unforgettable experiences that go beyond the product. Consumers are encouraged to look out for specially marked promotional packs and follow Guinness Nigeria’s official communication channels for updates, winner announcements, and details of upcoming draws.
National Information Technology Development Agency (NITDA) has expressed readiness to deepen collaboration with Nigerian universities to promote research, innovation and technology-driven solutions to local challenges.
NITDA, UniAbuja
NITDA’s Director-General, Kashifu Inuwa Abdullahi, stated this when the management of Yakubu Gowon University, formerly the University of Abuja (UniAbuja), led by its Vice-Chancellor, Prof. Hakeem Fawehinmi, paid a familiarisation visit to the agency’s headquarters in Abuja.
Abdullahi said stronger collaboration between NITDA and tertiary institutions was essential to building a robust innovation ecosystem, developing practical skills and positioning Nigeria for technology-driven economic growth.
He stressed the need for increased investment in research, particularly in emerging technologies such as Artificial Intelligence (AI), Internet of Things (IoT), blockchain, cybersecurity and cloud computing.
“We need to invest more in in-depth research with universities to build a robust research ecosystem that will help us develop solutions.
“Research will focus on harnessing AI, IoT, blockchain, cybersecurity and cloud technology, among other emerging technologies, to improve our lives and grow our digital economy,” he said.
The DG described universities as critical talent factories required to achieve Nigeria’s digital transformation aspirations.
“NITDA has a vision to make Nigeria a digitally empowered nation. You (UniAbuja) are the talent factory, and we cannot achieve our vision without talented Nigerians.
“The only way to achieve that is by working with institutions like yours. So, we need to build talent,” he said.
Abdullahi also advocated the integration of AI education across disciplines in tertiary institutions, saying students needed practical digital skills to remain relevant in the evolving world of work.
“We can work together to explore ways of introducing AI across the board as a general study course in tertiary institutions.
“Elements of AI should be included in every field of study to equip our students with the hands-on skills for navigating the real world,” he said.
According to him, NITDA is already collaborating with key education sector stakeholders, including the Federal Ministry of Education, National Universities Commission (NUC), National Board for Technical Education (NBTE) and National Commission for Colleges of Education.
He said the agency was also working to promote digital literacy programmes across all levels of education to ensure that graduates acquire skills relevant to industry requirements.
Earlier, Fawehinmi said the university’s visit was aimed at seeking NITDA’s partnership and support in strengthening digital infrastructure and technology-based training at the institution.
He expressed appreciation for NITDA’s contributions to the Digital Geoscience Centre at the university.
The Vice-Chancellor said the university was willing to collaborate with NITDA on joint research, capacity-building initiatives and innovation programmes capable of contributing to Nigeria’s socio-economic development.
“We could go into partnership with you to provide data, collaborative engagements, staff exchanges and joint research hubs, so that we can produce high-level human resources.
“The university is committed to serving as a strategic academic partner to NITDA by providing academic expertise required to advance your national digital transformation initiatives,” he said.
The proposed collaboration is expected to strengthen the link between academic research and industry needs while creating opportunities for technology innovation, skills development and practical solutions to Nigeria’s socio-economic challenges.
A New Mexico court has ordered Meta, the parent company of Facebook and Instagram, to pay $567 million to address the alleged harms caused to young people by its social media platforms.
Meta
The ruling by Judge Bryan Biedscheid came in the second phase of a landmark trial concerning the impact of Meta’s platforms on children and teenagers.
The judge said $420 million of the amount would be dedicated to treatment services for young people, while the remaining funds would support awareness and prevention programmes, screening services and other related costs over the next five years.
The latest financial order comes on top of $375 million in civil penalties awarded against Meta in March after a jury found that the company knowingly harmed children’s mental health and concealed information about child sexual exploitation on its platforms.
During the second phase of the trial, prosecutors asked the court to order fundamental changes to Meta’s platforms, including measures to reduce addictive features, improve age verification and prevent child sexual exploitation through stronger privacy settings and increased oversight.
The court subsequently ordered Facebook and Instagram to introduce banner notifications and informational screens explaining their safety features, recommended practices and tools for addressing inappropriate comments.
The platforms must also regularly display the information, while an educational campaign in New Mexico will be subject to review by the state.
New Mexico Attorney General Raúl Torrez said the ruling sent a clear message that technology companies could be held accountable when their product designs knowingly exposed children to risks.
“Today’s decision is a victory for every parent who has worried about what social media is doing to their child and every child who deserves to grow up safer online,” Torrez said in a statement.
Meta said it would appeal the ruling.
“We work hard to keep people safe on our platforms and have been transparent about the challenges of identifying and removing bad actors and harmful content,” the company said.
The company said it remained confident in its record of protecting teenagers online and would continue to defend itself against what it described as claims that misrepresented the facts.
On age verification, the court said federal children’s privacy laws restricted Meta’s ability to apply certain verification tools to children under 13.
The court cited the Children’s Online Privacy Protection Act (COPPA), which limits the collection of personal information from children under 13.
Rather than imposing a blanket age-verification requirement exclusively on Meta, the judge ordered the company to continue improving its age-assurance tools in New Mexico.
The tools include the use of artificial intelligence to estimate users’ ages based on signals such as their social connections and the type of content they post and consume.
Meta was also ordered to attempt to develop a dedicated model for predicting whether users are under 13 within the next two years.
Additionally, the company must request proof of age from Facebook and Instagram users in New Mexico whom it estimates to be under 13.
Where Meta determines that a user is under 13, or under 18 but cannot determine a specific age, it must treat the user as being under the applicable age threshold until the user verifies their age.
The court further ordered Meta to partner with schools or a child-safety organisation to establish a reporting portal through which school officials can flag users suspected to be under 13.
Meta must also delete personal information it has collected from users under 13 and submit progress reports twice a year detailing its compliance with the court-ordered measures.
The ruling comes as Meta faces thousands of lawsuits from families alleging that children have been harmed by social media use.
The company is also preparing for another trial in California amid the growing litigation over the impact of social media platforms on young people.
World Bank Debars United Aviation Services, Owner over Fraudulent Activities
NITDA Introduces Cloud Certification Boost Data Localisation Compliance
Enugu State Approves Land for ITF’s Digital Fabrication Centre
BOI Opens N250Bn Bond Offer to Fund Businesses
Guinness Rewards Consumers with ₦17 Million in First Week of ‘Open for More’ Promo Draw
From Scarcity to Scale: What Africa Can Learn from India’s Agricultural Transformation
BON Establishes Six Ad Hoc Committees to Modernize Broadcasting
EFCC Busts NIS Visa Overstay Racket, Uncovers N700m in an Account
Fact-Check: Elon Musk’s “Tesla Pi Phone” is Internet Rumor
NBC Tasks Broadcasting Stations over 2028 DSO Global Deadline
E-Financial3 days agoAccess Holdings Deepens Sustainable Finance Impact, Expanding Green Assets to ₦92.14 Billion
News3 days agoOgbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices
Telecom3 days agoMTN Moves Closer to Full IHS Takeover
Telecom3 days agoAirtel Nigeria Unveils Hundreds of Retail Shops in Wide Expansion of Customer Touch Points
News3 days agoNAICOM Issues New Licences to 43 Recapitalized Insurers
E-Financial3 days agoNAICOM Revokes Nigeria Reinsurance’s Licence over Failure to Meet MCR
E-Financial3 days agoSEC Begins Full e-Registration for Capital Market Services
E-Financial3 days agoTeamApt, Awabah Partner to Bring Micro-Pension Contributions to POS Terminals Nationwide