Nigeria: Northern Governors Sack NNDC Management

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The Northern States Governors’ Forum has sacked the executive management of its premier investment conglomerate, the New Nigeria Development Company NNDC with immediate effect.

This was contained in a letter dated July 23, 2018 signed by the Chairman of NSGF and Borno State Governor, Kashim Shettima. NNDC Limited owned by the 19 northern states of Nigeria, with interests in agriculture, textile, solid minerals, oil and gas, capital markets, hospitality, mining, telecommunications, among others.

The letter of dismissal of Dr. Ahmed Musa Mohammed-led management, obtained by report, addressed to the Chairman of the board of directors of the company,

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