A Review of the Nigerian Energy Industry

Nigeria to function without substantive oil minister

*President Muhammadu Buhari.
*President Muhammadu Buhari.

13 October 2015, Sweetcrude, Lagos – Even though the Nigerian presidency has served notice that President Muhammadu Buhari will not serve as petroleum minister, indications are that he may still supervise the ministry directly, causing both the group managing director of the NNPC and heads of other parastatals under the ministry to report directly to the President

Mr. Femi Adeshina, the media adviser to Mr. President had disclosed that Buhari “can’t be president and oil minister at the same time” but would “supervise the ministry” and possibly appoint a minister of state.

The Senate commenced the screening of President Buhari’s cabinet nominees today, including Dr. Ibe Kachikwu, the group managing director of the NNPC.

There is some concern over Dr. Kachikwu’s nomination for ministerial appointment, prompting speculation over whether he would double as both minister of state for petroleum and Group Managing Director of the NNPC or whether following his Senate clearance, another nominee would be appointed to head the national oil company.

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