Wednesday, 12 August 2015

NNPC Retrench Top Personnel From 122 To 88


The Nigerian National Petroleum Corporation (NNPC) has executed a huge reshuffle, sack and retirement of top management personnel at its various major business divisions and subsidiary companies. This has cut down the top level personnel from 122 to 88.
The situation was contained in a statement from the corporation’s Group General Manager, Public Affairs, Ohi Alegbe in Abuja. It revealed that the top persons amongst those that were relieved of their jobs were Prince Haruna Momoh, who superintended over the Pipeline and Products Marketing Company (PPMC), a subsidiary of the NNPC, as well as the Tony Muoneke who was appointed managing director of the Nigerian Petroleum Development Company (NPDC) lately.
The corporation also announced the appointment of four new Group Executive Directors (GED) who will over see the responsibilities at the four new directorates that it said have been approved by President Muhammadu Buhari.
According to the statement, the Group Managing Director (GMD) of NNPC, Dr. Ibe Kachikwu, said that the new appointments are in line with the federal government’s goal to transform the corporation into a lean, efficient, business-focused, transparent and accountable national oil company. He also said that the progress was also in keeping with international best practices.


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