President
Buhari has ratified the abrupt unbundling of the Nigerian National Petroleum
Corporation, NNPC, into seven independent operational units. Minister of State
for Petroleum Resources, Ibe Kachikwu, made this known yesterday March 8th,
2016. According to Kachiukwu, the new units are Upstream, Downstream, Gas &
Power, Refineries, Ventures, Corporate Planning & Services and Finance and
Accounts.
He said each
of the units would be headed by chief executive officers, namely Bello Rabiu
for Upstream; Henry Ikem-Onih (downstream); Anibor Kragha (Refineries); Saudu
Mohammed (Gas & Power), Babatunde Adeniran (Ventures), Isiaka Abdulrasaq
Finance & Accounting and Isa Inuwa Executive Head, Corporate Planning and
Services.All appointments take immediate effect.
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