NNPC LTD

 

The new owners as per CAC Register:

 

Name of Directors:

1. Kyari Mele Kolo

2. Ararume Ifeanyi Godwin

3. Akinyelure Pius Oluwole

4. Umar Sagir Tajudeen

5. Lawal Muhammed

6. Ahmed Lawal Onayi

7. Okadigbo Mary Chibogu

8. Onukwugha Constance Harry

9. Ajiya Umar Isa

10. Sani Gwarzo Nasir

11. Ahmed Aliyu

 

Company Secretary:

Coomasie Hadiza Yusuf.

 

Number of Share:

200,000,000,000 ordinary Shares of N1 each

 

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Share Holders!

 

1. Ministry of Finance = 100,000,000,000.

2. Ministry of Petroleum = 100,000,000,000.

 

Persons with Significant Control:

1. Ministry of Finance Incorporated = 50% voting right.

2.Ministry of Petroleum Incorporated = 50% voting right.

 

If I my analysis is  correct, find below the Status of our joint Patrimony as at today after it became a Limited Company. Look at the names and geographical spread of Directors. Is the new status fair, just and equitable. 

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TheSouth West has only 1 person on the board, South East has 2 and South South (owners of the Petroleum) has 1. The remaining 7 comes from the North and the Company Secretary is also from the North. You may do your own analysis too.