HeadlineUpdate I: EXCLUSIVE: NNPC Fires Heads Of Subsidiaries, Promotes, Redeploys Dozens

Update I: EXCLUSIVE: NNPC Fires Heads Of Subsidiaries, Promotes, Redeploys Dozens

SAN FRANCISCO, August 11, (THEWILL) – The Group Managing Director of the Nigerian National Petroleum Corporation (GMD), Dr. Emmanuel Kachikwu, has fired more top employees of the corporation including the heads of the National Petroleum Investment Management Services (NAPIMS) and the Nigerian Petroleum Development Company (NPDC), THEWILL can exclusively report.

Also retired is the head of the Pipelines and Product Marketing Company (PPMC).

Sources familiar with the development who asked to remain anonymous because they are not authorized to speak on the action, told THEWILL that at least thirty top personnel at the NNPC and various subsidiaries were retired.

THEWILL also gathered that at least 50 top personnel at the NNPC and its subsidiaries were also either promoted or redeployed, while new appointees were also hired from the private sector.

“This is the shake up the world has been expecting,” one source said. “GM Commercial, GM NNPC Retail, GM Sales and Marketing NNPC Retail, GM Operations NNPC, were also retired… all gone for good,” the source added.

Some of the new replacements are Mrs. Esther Nnamdi-Ogbue – MD PPMC; Inuwa Ibrahim Waya – MD Hyson; Mr. Babatunde Bakare – MD, NGC; Abubakar Mai-Bornu – MD, NPDC; Abdulkadir Saidu – MD, Duke Oil; Babatunde Victor Adeniran – GED C&I; Chidi Momah – GGM, Company Secretary and Legal Advisor and Dafe Sejebor – GGM NAPIMS.

Other appointments according to our sources are: Dr. Maikanti Baru – GED, E&P; Isiaka Abdulrazak – GED Finance & Services; Denis Ajulu – GED, Refining & Technology; Chinedu Nzeribe – MD, WRPC; Yusuf Matashi – GGM, LNG; Mr. Modupe Bammeke – MD, NNPC Properties; Ladi Fagbola – MD, NNPC Retail; Roland Ewubare, MD, IDSL; Ahmed Sambo GGM, NNPC Oilfield Services; Zubair Aliyu – GGM, NNPC Capital; Godwin Okonkwo – GGM, Finance; Dalhatu Makama – GGM, Shipping; and Samuel Ndukwe – GGM, Power.

The NNPC is expected to make the development public anytime from today, our sources said.

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