NNPC Cleans House: Top Refinery Bosses Dismissed
In a bold move signaling deeper
reforms within Nigeria’s oil sector, the Nigerian National Petroleum Company
Limited (NNPC Ltd) has relieved the managing directors of the nation’s three
state-owned refineries of their duties. The leadership overhaul comes as part
of a broader restructuring campaign under the new administration's efforts to
sanitize and modernize operations at the national oil behemoth.
The refinery heads affected include
Ibrahim Onoja (Port Harcourt Refining Company), Efifia Chu (Warri Refining and
Petrochemical Company), and Mustafa Sugungun (Kaduna Refining and Petrochemical
Company). Their exits mark the latest chapter in NNPC’s ongoing internal
recalibration.
In an extension of the shake-up,
all management staff within a year of retirement have also been asked to
proceed on exit signaling a clear directive: it’s time for fresh leadership,
leaner operations, and results-driven reforms.
Though replacements have yet to be
formally announced, the purge didn’t stop with the refinery bosses. Notable
senior executives were also affected, including Bala Wunti recently reassigned
from Chief Upstream Investment Officer at NAPIMS to Chief Health, Safety, and
Environment Officer at NNPC Ltd and Lawal Sade, formerly Chief Compliance
Officer and ex-Managing Director of NNPC Trading.
An insider emphasized that the
shake-up is not a political witch-hunt, but rather a calculated step in a wider
structural overhaul aimed at reinvigorating the corporation. This follows the
dramatic dismissal of NNPC’s board by President Bola Tinubu earlier this month,
which included former Group CEO Mele Kyari and board chairman Pius Akinyelure.
Now under fresh leadership, with
Bayo Ojulari stepping in as the new Group Chief Executive Officer and Ahmadu
Kida as non-executive chairman, NNPC Ltd has also unveiled a new eight-member
senior management team tasked with steering the oil giant toward efficiency and
transparency.
Industry watchers say the reforms
are long overdue.
With decades of underperformance,
opaque dealings, and underutilized refineries, the oil sector has been
desperate for genuine reform. These recent moves might just be the jolt NNPC
needs to finally turn a corner and begin operating like a truly commercial
entity.
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