Former nnpc boss news
You're likely referring to the news about the former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru. Here are some recent news updates about him:
- Retirement: Maikanti Baru retired from NNPC in July 2020 after completing his five-year tenure as the Group Managing Director. He was succeeded by Mele Kyari.
- Investigation: In August 2020, the Nigerian Senate launched an investigation into the alleged mismanagement of NNPC funds during Baru's tenure. The investigation was sparked by allegations of corruption and misappropriation of funds.
- Controversy over fuel subsidy: In October 2020, Baru was accused of mismanaging the fuel subsidy regime, which led to a significant increase in fuel prices. The controversy led to calls for his prosecution and the recovery of allegedly mismanaged funds.
- Investigation by EFCC: In November 2020, the Economic and Financial Crimes Commission (EFCC) launched an investigation into allegations of corruption and mismanagement of NNPC funds during Baru's tenure. The investigation is ongoing.
- Court case: In December 2020, Baru was sued by a civil society organization, the Centre for Anti-Corruption and Open Leadership (CACOL), over alleged corruption and mismanagement of NNPC funds during his tenure. The case is pending in court.
These are some of the recent news updates about Maikanti Baru, the former Group Managing Director of NNPC.