The Nigerian National Petroleum Corporation (NNPC) has made some major changes ahead of the implementation of the Petroleum Industry Bill (PIB).
The PIB, recently passed by the National Assembly, seeks to unbundle NNPC.
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It also seeks to create the Nigerian National Petroleum Corporation Limited, a corporate entity incorporated, under the Companies and Allied Matters Act.
In a statement released by the Corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, Mr. Billy Okoye was announced as the new Group Executive Director, Ventures & Business Development while Mrs. Aisha Ahmadu-Katagum was promoted to the position of Group Executive Director, Corporate Services.
Until their new appointments, Mr. Okoye and Mrs. Ahmadu-Katagum were Group General Managers, Crude Oil Marketing Division (COMD) and Supply Chain Management Division in the Corporation, respectively.
Engr. Adeyemi Adetunji, formerly Chief Operating Officer, Business & Ventures Development, becomes the Group Executive Director, Downstream, while Mr. Mohammed Abdulkabir Ahmed, formerly Chief Operating Officer, Corporate Services, becomes the Group Executive Director, Gas & Power.
Other Chief Operating Officer positions in the Corporation have now been redesignated as Group Executive Directors (GEDs), in alignment with the rules of Company & Allied Matters Act (CAMA), preparatory to the new status of the Corporation as a Limited Liability Company.
The repositioning also saw the disengagement of Engr. Yusuf Usman, formerly Chief Operating Officer, Gas & Power.
The new appointments include that of Mr. Garba Deen Muhammad, who will take over from Dr. Kennie Obateru as the Group General Manager, Group Public Affairs Division of the Corporation.
Speaking on the development, Group Managing Director of the Corporation, Mallam Mele Kyari, said the new appointments would enable the Corporation live up to the expectations of Nigerians and achieve its vision of becoming a world-class energy company of choice.