In a deft move by the Fulani oligarchy to gain full control of the Nigerian oil resources, Emmanuel Ibe Kachikwu has been removed as the General Managing Director (GMD) and Chief Executive of the Nigeria National Petroleum Company (NNPC). He was replaced by a northerner, Dr. Maikanti Kacalla Baru. Mr. Kachikwu remains the Minister of State for Petroleum.
This move is seen by many as a plot by the Hausa-Fulani oligarchy to paralyze Mr. Kachikwu and render him redundant. Given the new leadership, the President is now the Minister of Petroleum and the so called newly constituted Board has four northerners in a Board of six.