President Bola Ahmed Tinubu has effected changes in the top management of the Nigerian National Petroleum Corporation, NNPC Limited.
The NNPC said on Sunday that the changes in its executive vice-president positions were in line with its commitment and drive for organisational renewal, which is anchored on business imperatives, standards of excellence, people development, and strengthening competencies and capabilities through broad-based leadership exposures.
The corporation’s Group Managing Director, Mele Kyari, however, survived the changes that swept aside his immediate subordinates.
NNPC announced the following executive appointments with immediate effect: Oritsemeyiwa A. Eyesan, Executive Vice President, Upstream; Olalekan Ogunleye, Executive Vice President, Gas, Power, and New Energy; Adedapo A. Segun, Executive Vice President, Downstream; Garba Deen Muhammad, Chief Corporate Communications Officer, NNPC Limited.
The changes in the NNPC was coming after sweeping changes in the Central Bank of Nigeria, CBN, and the Federal Inland Revenue Service, FIRS, among others.
Meanwhile, the NNPC has signed a Memorandum of Understanding, MoU, with Africa Indorama Energy Petrochemical Limited to supply 800 million scuff of gas to promote industrialisation in Nigeria.
NNPC Limited Group Chief Executive, Malam Kyari, said this during the signing of the MoU in Abuja on Saturday.
He said that the aim of the MoU was to ensure that Nigeria’s abundant gas resources were harnessed.
He averred that the project is expected to contribute common revenue of 3.8 billion dollars annually to the Gross Domestic Product, GDP, and up to $18 billion in its lifecycle.
