NNPC Undertakes Massive Reorganization And Restructuring, Redeploys Key Officials
The Nigerian National Petroleum Corporation, NNPC, has undertaken a massive restructuring, with the redeployment of key officials.
A redeployment memo obtained from the NNPC on Monday revealed that 108 staff were promoted from Manager and General Manager positions to General Manager and Group General Managers respectively.
Also, one person was demoted from the position of Executive Director to Group General Managers (GGM).
Although no reason was given for the redeployment, sources in the NNPC said it was part of an ongoing restructuring exercise in the NNPC.
The key objectives being to cut cost, boost profitability and help make the corporation commercially viable.
Specifically, former GGM Mr. Chidi Momah, who was also Company Secretary and Legal Adviser, has been redeployed to become Secretary to the NNPC.
NNPC Undertakes Massive Reorganization
Also, Hadiza Commasie was appointed Legal Adviser; A.A. Adamu, Sarah Ndukwe and O. Omigie were appointed General Managers in charge of Commercial Law, Litigation & Property Law and Corporate Law respectively.
Esther Ogbue retained her position as Managing Director, NNPC Retail; Felix Wono, Executive Director, Pipeline and Farouk Ahmed, Managing Director, Nigeria Products Marketing Company.
Ndu Ughamadu was redeployed from GGM, Government and Labour Relations to GGM Group Public Affairs Department.
Adewale Ajayi Oladapo, formerly GM, Technical Services Limited, was reappointed GM, Capital Projects. while Animashaun
In addition, Animashaun Onipeko , formerly GM, Company Secretary/Legal, Nigerian Petroleum Development Company (NPDC) was reappointed GM, Board Support.
Okonkwo Chukwuma, formerly GGM, Liabilities Management was reappointed Managing Director, NNPC Capital.
Wunti Maijama’a was appointed GM/technical Assistant Downstream from a former position of GM, Efficiency Unit.
The restructuring in the nation’s oil company is coming on the heels of the release of the Draft Oil Policy by the Ministry of Petroleum over the weekend.