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Home Industries Company News

Kachikwu Blows Hot, Will Employ From The Private Sector Unless…

Editor by Editor
August 16, 2015
in Company News, Politics
Kachikwu Blows Hot, Will Employ From The Private Sector Unless…
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  • The New Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu has revealed that local refineries do not need all the 445, 000 barrel per day crude allocation to the corporation.
  • Kachikwu noted during a session with the management staff of NNPC in Abuja that the refineries capacity requires about 300,000bpd.
  • He said at the meeting that managing directors of the nation’s four refineries would be empowered to take certain decisions without recourse to the headquarters, a move which would enable to corporation to assess their performance.
  • He however warned that any manager “who cannot meet its targets would be replaced and if I have to go the private sector to get capable hands to manage the refineries I will”.
  • He stressed that all local crude allocation to the corporation must be accounted for in the new dispensation.
  • An NNPC statement by its spokesman, Ohi Alegbe at the weekend disclosed that Kachikwu implored the management to team up with him to close the skills gap and turn the fortunes of the Corporation around.
  • The GMD said efforts are in top gear to create a conducive working environment for members of staff, adding that for the NNPC to transform into a profit center like its peers in other climes, the morale of the work force must be high.
  • He urged the management to provide leadership by example to the workforce while adding that sectionalism, tribalism and any form of non-transparent transactions must be completely stamped out of the NNPC.
  • The GMD noted that his administration would ensure that all the refineries of the corporation are run efficiently and profitably to meet the energy needs of the country.
  • He said the Corporate Service Unit and all the Strategic Business Units of the corporation would henceforth be run as profit centers while noting that the days when the corporation was perceived as a civil service organization instead of a corporation were over.

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