By Bukola Kayode
The new management of the Nigerian National Petroleum Company Limited has executed a major shake- up with the firing of the managing directors of the three refineries under the purview of NNPCL.
The refineries include the Warri Refining, Port Harcourt Refining Company, and Petrochemical Company, and the Kaduna Refining and Petrochemical Company.
Related news: https://frontlinenews.com.ng/nnpcl-welcomes-new-gceo-board/
Some other senior officials of the national oil firm shown the exit door are Bala Wunti, a former chief of the National Petroleum Investment Management Services, a subsidiary of NNPCL.
The Punch quotes sources at the firm familiar with the development as confirming the shakeup by the new management team.
The new management also asked many officials with one year to their various retirement dates to leave.
Recall that President Bola Ahmed Tinubu approved a sweeping reconstitution of the NNPC Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari.
President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023.
The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.
Be the first to comment