NNPC Confirms THEWILL's Exclusive Reports, Names New GEDs, Others 

BEVERLY HILLS, August 11, (THEWILL) – The Management of the Nigerian National Petroleum Corporation (NNPC)  Tuesday  confirmed  a string of exclusive reports first published by THEWILL , with the appointment of four new Group Executive Directors (GEDs) to head the corporations four new Directorates  in what has become biggest shake up in the corporation's history.

In all, President Muhammadu Buhari approved the retirement of 38 top management staff and pruned their numbers to 122 to 83 , Mr. Ohi Alegbe, NNPC spokesman said in a statement.

Alegbe said the new Group Managing Director, Emmanuel Ibe Kachikwu, disclosed that the new appointments are in line with the Federal Government's aspiration to transform the Corporation into a lean, efficient, business-focused, transparent and accountable national oil company in keeping with international best practices.

According to the statement, President Buhari approved the following appointments: Dr. Maikanti Baru, Group Executive Director, Exploration & Production; Mr. Isiaka Abdulrazaq, Group Executive Director, Finance & Services; Engr. Dennis Nnamdi Ajulu, Group Executive Director, Refining & Technology; and Dr. Babatunde Victor Adeniran, Group Executive Director, Commercial & Investment; and Chidi Momah, Group General Manager, Company Secretary & Legal Adviser.

Other appointments include: Mrs. Esther Nnamdi-Ogbue, Managing Director, Pipelines and Products Marketing Company (PPMC); Engr. Chinedu Ezeribe, Managing Director, Warri Refining & Petrochemicals Company (WRPC); Mr. Babatunde Bakare, Managing Director, Nigerian Gas Company (NGC); Mr. Inuwa Ibrahim Waya, Managing Director, Hyson; Mr. Abubakar Mai-Bornu, Managing Director, Nigerian Petroleum Development Company (NPDC); Mr. Ladipo Fagbola, Managing Director, NNPC Retail; Mr. Rowland Ewubare, Managing Director, Integrated Data Services Ltd (IDSL); Mr. Modupe Bammeke, Managing Director, NNPC Properties; Mr. Abdulkadir Saidu, Managing Director, Duke Oil; and Mr. Dafe Sejebor, Group General Manager, Nigerian Petroleum Investment Management Services (NAPIMS).

The statement also confirmed 12 hires from the private sector to fill top management positions “to jump-start a new business outlook to enhance the operational environment as a profit-driven business as against the current civil service orientation.”