Nigerian President Makes Major Leadership Changes At State Oil Firm

Written by Ann Brown

From CNBC Africa

Jonathan is intervening in one of the country’s most powerful institutions and the source of 80 per cent of government revenues.

 Joseph Thlama Dawha replaces Andrew Yakubu as NNPC group managing director. Reuben Abati, a spokesman for Goodluck Jonathan’s office, declined to give further details.

A senior presidency source, who declined to be named, said it was because Jonathan was unimpressed with Yakubu’s handling of a parliamentary inquiry on oil corruption that was conducted in February.

 

Read more at CNBC Africa

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