- The immediate past GMD of NNPC, Maikanti Baru, is dead
- Baru died on Friday, May 29, two months to his 61st birthday
- Mele Kyari, the current GMD of NNPC, announced Baru's death on Saturday, May 30
The immediate past Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, is dead.
Legit.ng gathered that he was 60 years old as at the time of his death and only two months away from his 61st birthday.
Baru's death was announced via a tweet on Saturday, May 30, by Mele Kyari, the current GMD of the state-run oil company.
He tweeted: “My brother, my friend and my mentor, Dr. Maikanti Kachalla Baru, immediate past GMD of NNPC died late last night.
“He was of exemplary character and disposition. May Allah forgive him and have mercy upon him.”
Baru was appointed NNPC GMD by President Muhammadu Buhari in July 2016, a position he held up until 2019.
Baru announced his retirement from NNPC in July 2019 when he clocked the age of 60.
He was born in July 1959 in Misau, Bauchi state.
He attended Federal Government College, Jos for his secondary education where he graduated in 1978.
In 1982, he obtained his bachelor of engineering degree from Ahmadu Bello University.
Baru had a doctorate in Computer-Aided Engineering from the University of Sussex in the United Kingdom.
He was the 18th GMD of NNPC.
Meanwhile, Legit.ng had previously reported that Kyari said the slump in the US crude oil futures below $0 per barrel is not a reflection of the reality in the global oil market capable of impacting Nigeria’s oil production.
It was reported that the GMD stated that Nigeria has no cause to be apprehensive.
He said the current position in the U.S market, does not have any direct impact on the price of the Brent crude oil blend, which rose to about $28 per barrel before dropping to the current price of to $26.24 a barrel.
Kyari stated that Nigeria’s oil production was not impacted by the current US situation, noting that out that oil production is usually a factor of the availability of the market for the product.
He explained that now that there is a drastic drop in the price of crude oil at the internal oil market, there is the problem of storage facilities, which is why traders have taken that position to show inactivity.
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