All managing directors of the Nigerian National Petroleum Corporation (NNPC) subsidiaries and 38 managers were yesterday fired. Four new Group Executive Directors (GEDs) were named to man the four new directorates pruned from eight last week. According to Group Managing Director (GMD) Emmanuel Ibe Kachikwu, the reorganisation is in line with international best practices.
The GEDs who have been approved by President Muhammadu Buhari, include:
1. Dr. Maikanti Baru (Exploration & Production);
2. Mr. Isiaka Abdulrazaq ( Finance & Services);
3. Dennis Nnamdi Ajulu (Refining & Technology)
4. Dr. Babatunde Victor Adeniran (Commercial & Investment).
Chidi Momah has been appointed as the Group General Manager (GGM) and Mrs. Esther Nnamdi Ogbue as Company Secratarty & Legal Adviser. The managing directors are: Chinedu Ezeribe (Pipelines and Products Marketing Company PPMC); Mr. Babatunde Bakare (Warri Refinning & Petrochemicals Company, WRPC); Mr. Inuwa Ibrahim Waya (Nigerian Gas Company NGC); Mr. Abubakar Mai-Bornu (Hyson); Mr. Abubakar Mai-Bornu (Nigerian Petroleum Development Company (NPDC) and Mr. Ladipo Fagbola (NNPC Retail). 38 top management staff were also retired by the corporation reducing the number from 122 to 83.