Barely 24 hours on the job, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, this morning wielded the big stick, dismissing Group Executive Directors.
A Reuters report quoted one of those affected as saying: “All of the executive directors were let go ... (President Muhammadu) Buhari wanted a clean slate.”
Another report this evening by Rhythm FM Lagos said that Kachikwu has cut NNPC directorates by half – from 8 to 4.
The new offices and their heads include, Directorate of Refining and Engineering to be headed by Dr M.K Baru, Mr Denis Nnamdi to take charge of the Directorate of Exploration and Production.
Mr Bankole Komolafe has been appointed Group Executive Director for the Directorate of Commercial and Investment, while Mr Isiaka Abdulrazak will now head the Finance Directorate.
Until yesterday Executive Vice Chairman and General Counsel of Exxon-Mobil (Africa), Kachikwu was handed the tough job yesterday with a clear mandate to sanitise and turn around the fortunes of the corporation.
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