Thursday 6 August 2015

NNPC sacks Group Executive Directors


NNPC sacks Group Executive Directors

•Directorates cut to four from eight
All  the eight group executive directors at the Nigerian National Petroleum Corporation (NNPC) were sacked yesterday.
Group Managing Director (GMD) Dr. Emmanuel Ibe Kachikwu also trimmed the directorates from eight to four —for efficiency.
President Muhammadu Buhari on Tuesday named  Kachikwu  GMD to replace  Dr. Joseph Dawha.
The President’s mandate is for  Kachikwu to, among others, review the structure of the NNPC.
A statement by the Group General Manager, Group Public Affairs Division, Mr. Ohi Alegbe, confirmed the retirment yesterday. The  GEDs are: Mr. Bernard Otti (Finance and Accounts); Dr. Timothy Okon (Acting GED, Exploration and Production who also doubles as Coordinator Corporate Planning & Strategy); Adebayo Ibirogba (Engineering and Technology); Dr. David Ige (Gas and Power); Ms. Aisha Abdurrahman (Commercial and Investment); Dr. Dan Efebo (Corporate Services); Ian Udoh (Refining & Petrochemicals) and Dr. Attahiru Yusuf (Business Development).
The statement added that the “the new Group Managing Director of NNPC, Dr. Ibe Kachikwu, who personally conveyed the Federal Government’s decision to the retiring Group Executive Directors, expressed gratitude to them for their services to the Corporation and wished them success in their future endeavours.”
The new directorates and their GEDs,  which are expected to be announced today barring any last minute change, are Refining and Engineering with Dr. M.K Baru; Exploration and Production, Denis Nnamdi; Commercial and Investment, Mr. Gbenga Komolafe, Mr. Isiaka AbdulRazak, Finance.

It is also believed that the Managing Director of the Petroleum Product Marketing Company (PPMC), Mr. Haruna Momoh, has been relieved of his job, as part of plans to implement the biggest shake up in the history of the state-owned corporation.
But, as at press time last night, Ohi told our correspondent that the Federal Government had not made any replacements for the retired GEDs.
He said that the retired GEDs were appointed at different times between 2012 and last year.
On year of appointment, he said:  ”They were appointed at different times. Some were appointed last year, some in the last two years and so on.”
The NNPC spokesman said:  “No replacement yet. We will confirm that by tomorrow (today). What they are writing online is all speculation.”

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