President Bola Tinubu has effected changes in the top management of the Nigerian National Petroleum Corporation, NNPC Ltd.
The corporation said on Sunday that the changes in the executive vice-president positions were in line with the 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: 1. Oritsemeyiwa A. Eyesan, Executive Vice President, Upstream 2. Olalekan Ogunleye, Executive Vice President, Gas, Power, and New Energy 3. Adedapo A. Segun, Executive Vice President, Downstream Garba Deen Muhammad Chief Corporate Communications Officer NNPC Ltd.
GWG.ng reports that the changes in the NNPC come after sweeping changes in the Central Bank of Nigeria, CBN, Federal Inland Revenue Service, FIRS among others.
Meanwhile, the NNPC has signed a Memorandum of Understanding (MoU) with Africa Indorama Energy Petrochemical Ltd. to supply 800 million scuff of gas to promote industrialisation in Nigeria.
Malam Mele Kyari, Group Chief Executive Officer, NNPC Ltd., said this during the signing of the MoU in Abuja on Saturday.
He said the aim of the MoU was to ensure that Nigeria’s abundant gas resources were harnessed.
According to him, 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 dollars in its lifecycle.