NNPC Subsidiaries’ MDS Fired, 38 Managers Retired …….4 new Group Executive Directors, MDs Appointed
Adetokunbo Fakeye
A massive shakeup has occurred at the Nigerian National Petroleum Corporation as President Muhammadu Buhari on Tuesday evening approved the sacking of the Managing Directors of all subsidiaries of the national oil firm.
The shake up also cost retirement of 38 top management staff of the corporation, trimming down the number from 122 to 83.
The corporation’s spokesperson, Mr. Ohi Alegbe, who confirmed the development in a statement, added that, Mr President has also approved the appointment of four new Group Executive Directors to man the four new Directorates that have been approved by the Presidency.
Those appointed include; Dr. Maikanti Baru, Group Executive Director, Exploration & Production; Isiaka Abdulrazaq, Group Executive Director, Finance & Services; Engr. Dennis Nnamdi Ajulu, Group Executive Director, Refining & Technology; and Dr. Babatunde Victor Adeniran, Group Executive Director, Commercial & Investment.
Also, a new Company Secretary/Legal Adviser and Managing Directors have also been appointed for the Strategic Business Units.
The appointees are: Chidi Momah, Group General Manager, Company Secratarty & Legal Adviser; Esther Nnamdi Ogbue, Managing Director, Pipelines and Products Marketing Company (PPMC); Engr. Chinedu Ezeribe, Managing Director, Warri Refinning & Petrochemicals Company (WRPC).
Others are Babatunde Bakare, Managing Director, Nigerian Gas Company (NGC); Inuwa Ibrahim Waya, Managing Director, Hyson; Abubakar Mai-Bornu, Managing Director, Nigerian Petroleum Development Company (NPDC); and Ladipo Fagbola, Managing Director, NNPC Retail. Also appointed are; Rowland Ewubare, Managing Director, Integrated Data Services Ltd (IDSL); Modupe Bammeke, Managing Director, NNPC Properties; Abdulkadir Saidu, Managing Director, Duke Oil; and Dafe Sejebor, Group General Manager, Nigerian Petroleum Investment Management Services (NAPIMS).
The new Group Managing Director of the Corporation, Dr. Emmanuel Ibe Kachikwu, disclosed that the new appointments are in line with the Federal Government’s aspiration to transform the Corporation into a lean, efficient, business-focused, transparent and accountable national oil company in keeping with international best practices.
Kachikwu also disclosed that in efforts at re-positioning the corporation, 12 personnel have been recruited from the private sector into the top management cadre to jump-start a new business outlook to enhance the operational environment as a profit-driven business as against the current civil service orientation.
