The Nigerian National Petroleum Corporation, NNPC, has undertaken a massive reorganization, with the redeployment of key officials.
In the redeployment memo obtained from the NNPC, yesterday, while 108 staff were promoted from Manager and General Manager positions to General Manager and Group General Managers respectively, one was demoted from Executive Director to Group General Managers (GGM).
Why no reason for the redeployment was stated, sources in the NNPC said it was part of ongoing restructuring in the NNPC and as key measures to cut cost, boost profitability and help make the corporation commercially viable.
Specifically, Mr. Chidi Momah, who was formerly GGM, Company Secretary and Legal Adviser, was redeployed to become Secretary to the NNPC, while Hadiza Commasie was appointed Legal Adviser; A.A. Adamu, Sarah Ndukwe and O. Omigie were appointed General Managers in charge of Commercial Law, Litigation & Property Law and Corporate Law respectively.
Esther Ogbue retained her position as Managing Director, NNPC Retail; Felix Wono, Executive Director, Pipeline and Farouk Ahmed, Managing Director, Nigeria Products Marketing Company.
Ndu Ughamadu was redeployed from GGM, Government and Labour Relations to GGM Group Public Affairs Department; Adewale Ajayi Oladapo, formerly GM, Technical Services Limited, was reappointed GM, Capital Projects, while Animashaun Onipeko , formerly GM, Companyb Secretary/Legal, Nigerian Petroleum Development Company, NPDC, was reappointed GM, Board Support.
Okonkwo Chukwuma, formerly GGM, Liabilities Management was reappointed Managing Director, NNPC Capital; Wunti Maijama’a was appointed GM/technical Assistant Downstream from a former position of GM, Efficiency Unit.
Meanwhile, the NNPC posted a trading deficit of N17.18 billion for the month of September 2016, dropping further from a deficit of N11.22 billion recorded in August.