Minister of State for Petroleum Resources Dr. Ibe Kachikwu yesterday announced that President Muhammadu Buhari has consented to the restructuring of the Nigerian National Petroleum Corporation (NNPC).
This new arrangement means that the NNPC will split into four units, with what he termed, a lean headquarters.
The units are: Upstream Company, Downstream Company, Refinery Company and Gas/ Power Company.
Kachikwu assured that this restructuring exercise will not lead to job cut within the NNPC.
With the commencement of the unbundling exercise, the following officials have been appointed to head the units.
Alhaji Bello Rabiu appointed CEO, Upstream. He was formerly Group General Manager, Corporate Planing $ Strategy, CP&S.
Mr. Henry Ikem-Obih was brought in as Chief Executive Officer, Downstream.
Anibor Kragha who was formerly GGM Treasury has been appointed CEO Refineries.
Alhaji Saidu Mohammed who was the MD of Kaduna Refinery has been appointed CEO, Gas & Power.
Mr. Babtunde Adeniran, formerly GED C&I is now CEO, Ventures;
Isiaka Abdulrazak is CEO Finance and Services
Isa Inuwa who was DMD, NLNG is now Executive Head of Corporate Services.