Hehehe....President Muhammadu Buhari on Tuesday
evening fired the managing directors of the subsidiaries of the Nigerian
National Petroleum Corporation and retired 38 top management staff of
the firm, trimming down their number from 122 to 83.
The President also approved four new directorates for the national oil corporation and appointed four directors to man them.
Buhari further allowed the firm to
recruit 12 private sector players into its management cadre to help it
jump-start a new business outlook to enhance its operational environment
as a profit-driven business and wean the firm from its present civil
service orientation.
The
four new directorates are Exploration and Production, Finance and
Services, Refining and Technology, and Commercial and Investment.
As the restructuring at the corporation
went on, our correspondent observed that a good number of staff members
of the oil firm stayed back on Tuesday evening, even after closing for
the day’s job.
Many of them were spotted discussing in
hushed tones, while a few visibly tensed workers made it clear that
there was fear of job losses in the air at the NNPC, going by the
downsizing of the executive positions from eight to four and the
trimming of top management staff from 122 to 83.
Saturday PUNCH had reported exclusively that the approval of directorates and managers to occupy the positions were delayed by the President.
This, however, was confirmed by the
corporation’s Group General Manager, Group Public Affairs Division, Mr.
Ohi Alegbe, in a statement on Tuesday in Abuja.
The corporation, in the statement, said,
“The management of the NNPC has appointed four new group executive
directors to man the four new directorates that have been approved by
the Presidency.”
The new Group Managing Director, Dr.
Emmanuel 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 in keeping with international best practices.
The appointments which were approved by
President Muhammadu Buhari include Dr. Maikanti Baru, Group Executive
Director, Exploration and Production; Mr. Isiaka Abdulrazaq, Group
Executive Director, Finance and Services; Mr. Dennis Nnamdi Ajulu, Group
Executive Director, Refining and Technology and Dr. Babatunde Victor
Adeniran, Group Executive Director, Commercial and Investment.
The statement noted that a new company
secretary/legal adviser and managing directors were also appointed for
the firm’s strategic business units.
It said they include “Chidi Momah, Group
General Manager, Company Secretary and Legal Adviser; Mrs. Esther
Nnamdi Ogbue, Managing Director, Pipelines and Products Marketing
Company; Mr. Chinedu Ezeribe, Managing Director, Warri Refining and
Petrochemicals Company; Mr. Babatunde Bakare, Managing Director,
Nigerian Gas Company; Mr. Inuwa Ibrahim Waya, Managing Director, Hyson;
Mr. Abubakar Mai-Bornu, Managing Director, Nigerian Petroleum
Development Company; and Mr. Ladipo Fagbola, Managing Director, NNPC
Retail.
Others are “Mr. Rowland Ewubare,
Managing Director, Integrated Data Services Limited; Mr. Modupe Bammeke,
Managing Director, NNPC Properties; Mr. Abdulkadir Saidu, Managing
Director, Duke Oil; and Mr. Dafe Sejebor, Group General Manager,
Nigerian Petroleum Investment Management Services.
The statement added that “the
corporation also retired 38 top management staff reducing the number
from 122 to 83. Also in line with the aspiration to reposition 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.”
The restructuring at the NNPC started
last week Tuesday after Buhari fired the former GMD, Dr. Joseph Dawha,
and replaced him with Kachikwu.
A day later, the President sacked the
firm’s eight group executive directors but announced no replacement,
although our correspondent reported that the eight departments were
trimmed to four.
The restructuring continued on Friday as
Kachikwu redeployed the Group General Manager, Crude Oil and Marketing
Division, Mr. Gbenga Komolafe, and replaced him with Mr. Musa Usman, who
was to serve in acting capacity.
About two weeks ago, President Buhari
declared a strong stance to fix Nigeria’s oil sector, rid the industry
of rot and probe monies stolen by operators in the sector.
The President had in late June dissolved the NNPC board.
The Federal Government, through the NNPC, regulates and participates in the country’s petroleum industry.
An Act to dissolve the former Nigerian National Oil Corporation and to establish the NNPC was promulgated in 1977.
The NNPC was established on April 1,
1977, as a merger of the Nigerian National Oil Corporation and the
Federal Ministry of Mines and Steel.
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