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NNPC: 38 managers were fired to reduce cost

NNPC: 38 managers were fired to reduce cost
August 13
13:41 2015

The Nigerian National Petroleum Corporation (NNPC) says it decided to prune the top management staff from 122 to 83 in order to reduce cost.

Ohi Alegbe, the corporation’s group general manager, group public affairs, made this known in a statement issued in Abuja on Thursday.

Alegbe said those affected in the shakeup were billed to retire between 2015 and December 2016 and he also announced the appointment of new group general managers.

“The downsizing exercise, which saw the exit of all senior managers who were billed to retire between now and December 2016, apart from being a cost-saving measure aimed at gearing the Corporation in the direction of a leaner and more efficient organization, also has enormous cost-saving benefits,” he said.

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He listed the new general managers as Mele Kyari, crude oil marketing division; Ahmadu Sambo, Oilfield services; and Surajdeen Bola Afolabi, information technology division.

Others are Zubair Aliyu, NNPC Capital; Dafe Sejebor, Nigerian Petroleum Investment Management Services; and Kemi Akitoye, human resources division.

Others are Godwin Okonkwo, finance; Bello Rabiu, corporate planning; Anibo Kragha, treasury, and Dalhatu Makama, shipping.

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The statement also named other group general managers as Samuel Ndukwe (power), Mike Balami (accounts), Yusuf Matashi (LNG), Rabiu Suleiman (engineering and technology) and Olubunmi Oyetunde.

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