Kachikwu Lauded Over NNPC’s Re-Organisation

Niger Delta Indigenous Movement for Radical Change, NDIMRC, has commended the Minister of State for Petroleum and Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Ibe Kachukwu, for the re-organisation of the corporation.

 

In a statement by its President, Nelly Emma, the group hailed the minister’s action.

 

It also urged senators and members of the House of Representatives to support the reorganisation and give the minister the necessary backing.

 

It said: “The action at the NNPC will go a long way in eliminating bureaucracy in the operations of the corporation. As it is now, each of the constituent units in the restructuring will be profit driven.

 

“We are also in full support of the conversion of the Group Executive Directors, GEDs, by the Minister to Chief Executive Officers, CEOs and their redeployment to the various business components.

 

“The former GEDs never helped the corporation as they were behind the frequent fuel scarcity in the country and strikes by oil workers. Since the former GEDs have so much money, they used their money to frustrate all plans of the Federal Government to make NNPC a better place. Nigerians are going to reap the benefits of the unbundling of the NNPC very soon.

 

“All moves made in the past to reposition NNPC for profitability were thwarted by former GEDs.”

 

They never helped the corporation as they connived with oil majors to create artificial fuel scarcity in the country. They also sponsored strikes by oil workers,” the group claimed.

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