NNPC Slashes Top Management From 122 To 83


Following its plans to reduce the cost of governance, the Nigerian National Petroleum Corporation (NNPC) yesterday continued with the streamlining of its operations by sacking several of its top managers at its various strategic business units.
The restructuring saw the corporation reducing its top management structure to a slimmer one comprising 83 personnel from 122.
The shakeup which was contained in a statement from the corporation’s Group General Manager, Public Affairs Department, Ohi Alegbe, showed that key amongst those who were relieved of their jobs included Mr. Haruna Momoh, Managing Director of the Pipelines and Products Marketing Company (PPMC), the petroleum products distribution and marketing subsidiary of the NNPC, as well as Mr. Tony Ugonna Muoneke, who was appointed Managing Director of the Nigerian Petroleum Development Company (NPDC) barely a year ago.
Also, the corporation confirmed the appointment of four new Group Executive Directors (GED), who will superintend the four directorates that the corporation said was approved by President Muhammadu Buhari last week.
According to the statement, the Group Managing Director (GMD) of NNPC, Dr. Ibe Kachikwu, disclosed that the new appointments were in line with the federal government’s aspiration to transform the corporation into a lean, efficient, business-focused, transparent and accountable national oil company.
Kachikwu said the move was also in keeping with international best practices.
As approved by Buhari, the statement confirmed earlier reports that Dr. Maikanti Baru will oversee the corporation’s Exploration and Production Division as its GED, Mr. Isiaka Abdulrazaq will take charge as the GED for Finance and Services, Mr. Dennis Nnamdi Ajulu takes over as GED for Refining and Technology, while Dr. Babatunde Victor Adeniran was appointed GED, Commercial and Investment Directorate.
It added that a new Company Secretary and Legal Adviser, Mr. Chidi Momah, was appointed for the corporation.
Other appointments included Mrs. Esther Nnamdi Ogbue as the new Managing Director of PPMC; Mr. Chinedu Ezeribe – Managing Director, Warri Refining and Petrochemicals Company (WRPC); Mr. Babatunde Bakare  – Managing Director, Nigerian Gas Company (NGC); and Mr. Inuwa Ibrahim Waya – Managing Director, Hyson.
Others were Mr. Abubakar Mai-Bornu who is the new MD of NPDC; Mr. Ladipo Fagbola, Managing Director of NNPC Retail; Mr. Rowland Ewubare – Managing Director, Integrated Data Services Ltd (IDSL); Mr. Modupe Bammeke – Managing Director, NNPC Properties; Mr. Abdulkadir Saidu takes over as the Managing Director of Duke Oil; and Mr. Dafe Sejebor was made the Group General Manager (GGM), Nigerian Petroleum Investment Management Services (NAPIMS).


SEE ALSO:My Appointment Is A Call To Duty-NNPC Group Managing Director, Kachikwu




Got a news tip/information for us? Email info@thesheet.ng

Follow us on twitter @thesheetng

BBM Channel: C0042057A

Like us on Facebook @ www.facebook.com / The Sheet

This is a 2015 Copyright of thesheet.ng. You may wish to request express approval from thesheet.ng to republish




  • Nawaooo 
  • OMG 
  • LOL 
  • Amazing 
  • So sad 
  • Boring 
FavoriteLoadingRead it Later
Facebook Comments

Leave a Reply