NNPC Cuts Top Management From 122 To 83

In line with its cost cutting measures and effort to operate a leaner, more efficient structure, the Nigerian National Petroleum Corporation (NNPC) yesterday continued with the streamlining of its operations by sacking several of its top managers at its various strategic business units.

The restructuring saw the state-run oil corporation slashing its top-heavy management structure to a slimmer one comprising 83 personnel from 122.

Yesterday’s shake up, which was contained in a statement from the corporation’s Group General Manager, Public Affairs Department, Ohi Alegbe, showed that key amongst those who were relieved of their jobs included Mr. Haruna Momoh, Managing Director of the Pipelines and Products Marketing Company (PPMC), the petroleum products distribution and marketing subsidiary of the NNPC, as well as Mr. Tony Ugonna Muoneke, who was appointed Managing Director of the Nigerian Petroleum Development Company (NPDC) barely a year ago.

Read More: thisdaylive

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