04 August 2015, Sweetcrude, Lagos – Indications are that President Muhammadu Buhari is set to appoint Dr. Emmanuel Ibe Kachikwu, the Executive Vice Chairman of ExxonMobil Africa as the new Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC.
SweetcrudeReports gathered that President Buhari met with Dr. Kachikwu on Monday night to wrap up plans on his vision for the NNPC, which has been enmeshed in allegations of fraud and dubious accounting.
A reliable source within the presidency disclosed that the appointment is one of several others billed to happen in an effort to restore the corporation to good standing in the estimation of the Nigerian people and the international community.
Kachikwu, from Delta State, is a First Class Graduate of Law from the University of Nigeria Nsukka and the Nigerian Law School, where he was best graduand and multiple awards winner in both Institutions. He also has a Masters and Doctorate Degree in Law from Harvard Law School USA, with distinctions.
A former investment attorney in the United States, the publisher of several magazine titles, has also taught Law at Harvard, Nigerian Law School and several globally acclaimed institutions.
He has three published Law books in Investment Law and Contracts and numerous articles in various Journals. In his capacity as the Vice Chairman and General Counsel of ExxonMobil, he oversees the compliance programmes of the company and advices on issues related to adherence with compliance regulations and anti-corruption laws in Africa.
Before he joined Mobil, Kachikwu worked as General Counsel of Texaco Upstream and Downstream in Nigeria.
*Additional reporting – The Will