• Kachikwu appoints replacements
  • Heads of subsidiaries jitt


Barely a day after he resumed office, new Group Managing Director, GMD of the Nigerian National Petroleum Corporation, NNPC, Dr. Emmanuel Ibe Kachikwu, has sacked all the nine Group Executive Directors, GEDs in the organisation.
He also extended the measure to the Managing Director of the Pipeline and Products Marketing Company, PPMC Managing Director, Prince Haruna Momoh.
Kachikwu’s sack of the company chiefs came after he held a two-hour meeting with President Muhammadu Buhari at the Presidential Villa in Abuja.
The new NNPC boss had arrived at the State House at 10am and went into a closed-door meeting with Buhari, which lasted for two hours.
He left the Aso Rock Villa at 12noon for his office where he announced the sack of the GEDs and Momoh.
The GMD also reduced the directorates in NNPC from nine to five.
Already, the sack of Momoh and the GEDs has raised fears of mass sack in the NNPC and its subsidiaries across the country.
Kachikwu did not give any reason for his action, but analysts believe that it is a step to drive the Buhari agenda in the corporation.
The sacked GEDs who were appointed by former President Goodluck Jonathan in March 2014 are Mr. Ian Udoh, leading Refining and Petrochemicals; Mr. Adebayo Ibirogba of the Engineering and Technical Team; Dr. David Ige, Head of Gas and Power; Dr. Attahiru Yusuf, leading Business Development; Dr. Dan Efebo, Head of Corporate Services; Mr. Bernard Otti in charge of Finance and Accounts; Ms. Aisha Abdurrahman, leading Commerce and Investments.
Their replacements are Dr. M.K Baru for Refining and Engineering, Denis Nnamdi (Exploration and Production), Mr. Bankole Komolafe (Commercial and Investment) and Mr. Isiaka AbdulRazak for Finance.
The new development at NNPC seems to spell the beginning of reforms to be initiated by the present administration.
A source disclosed that the development at NNPC was informed by the instructions handed over to him by President Mohammadu Buhari in the morning of yesterday after a meeting at the Presidential Villa.
Yesterday, tension pervaded the corporate headquarters of NNPC in Abuja
as workers believe that Buhari is poised to
also downsize the workforce.
They said that the sack gale might be extended to the management teams of NNPC subsidiaries.
The workers hinged their fears on immediate removal of Momoh as the PPMC boss by Kachikwu.
A source at the NNPC said that the reduction of the GEDs from nine to five might lead to the scrapping of the directorates and sack of their employees.
He said: “There is tension everywhere. With the sacking of the executive
directors it is obvious that it will affect many junior workers.”
The situation is not different in NNPC subsidiaries, including the three refineries in Kaduna, Warri and Port Harcourt where there are speculations that their heads night not be spared.

Ad:See How you can turn $500 into $10,000 Click HERE For Details.