The Nigerian National Petroleum Corporation, NNPC, on Thursday explained said it downsized its workforce by pruning the top management staff from 122 to 83 in order to save cost.
The new Group Managing Director, Emmanuel Kachikwu, had announced that the corporation’s operational directorates had been cut down from eight to four, with new Group Executive Directors (GEDs) appointed to take charge, while 38 others were asked to proceed on their retirements.
The former eight directorates included Exploration & Production; Refineries & Petrochemical; Engineering and Technical; Gas & Power; Commercial & Investment; Corporate Services; Finance & Accounts, and Business Development.
Under the new arrangement, the four new directorates headed by Group Executive Directors (GEDs) include Exploration & Production, led by Maikanti Baru; Finance & Services (Isiaka Abdulrazaq); Refining & Technology (Dennis Ajulu), and Commercial & Investment (Babatunde Adeniran).
Mr. Kachikwu had explained that the reduction in the number of the corporation’s management staff was in line with the Federal Government’s aspiration to transform it into a lean, efficient, business-focused, transparent and accountable national oil company, NOC, in keeping with international best practices.
However, in announcing the appointment of new Group General Managers, GGMs, to man some of its divisions, the NNPC boss said on Thursday that the justification for the decision was to save cost.
“The downsizing exercise, which saw the exit of all senior managers who were billed to retire between now and December 2016, apart from being a cost-saving measure aimed at gearing the Corporation in the direction of a leaner and more efficient organization, also has enormous cost-saving benefits,” the corporation’s Group General Manager, Group Public Affairs Division, Ohi Alegbe, said in Abuja.
Mr. Alegbe listed the new GGMs, who would be in charge of the some of the corporation’s divisions, to include Mele Kyari (Crude Oil Marketing Division (COMD); Ahmadu Sambo (NNPC Oilfield Services); Surajdeen Afolabi (Information Technology Department); Zubair Aliyu (NNPC Capital); Dafe Sejebor (Nigerian Petroleum Investment Management Services (NAPIMS) and Kemi Akitoye (Human Resources Division).
Others include Godwin Okonkwo (Finance); Bello Rabiu (Corporate Planning Division); Anibo Kragha (Treasury); Dalhatu Makama (Shipping – Nidas & Nikorma); Samuel Ndukwe (Power); Mike Balami (Accounts); Yusuf Matashi (Liquefied Natural Gas); Rabiu Suleiman (Engineering & Technology), and Olubunmi Oyetunde (Medical).
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: Call Willie - +2348098788999