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Under President Buhari NNPC is pushing on with its transparency pledge with major Board shakeup

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President Muhammadu Buhari
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MON, JULY 06 2020-theG&BJournal- The Nigerian National Petroleum Corporation (NNPC) has announced sweeping top level changes, making good on promises made by the President Muhammadu Buhari’s administration to reposition the state oil company for profitable and efficiency, and in line with its Next Level Agenda.
The ‘’surprise’’ changes comes just few days after the corporation published for the first time in over 40 years its earnings reports, a move widely viewed also as ‘’surprising’’ by analysts home and abroad.
Group Managing Director of the Corporation, Mallam Mele Kyari, said the new appointments would enable the corporation live up to the expectation of her shareholders, Nigerians, and give impetus to the ongoing restructuring within the Corporation, which, he said, was in line with the corporate vision of Transparency, Accountability & Performance Excellence (TAPE).
One of the key changes was prompted by the voluntary retirement of Mr Roland Onoriode Ewubare last week as the Chief Operating Officer, Upstream, Ventures and Business Development Directorate. He will now be replaced by Engr. Adeyemi Adetunji, according to a statement on Sunday by the corporation’s Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru.
Ewubare’s retirement has since been approved by President Buhari, who also accepted the retirement of the immediate past Chief Operating Officer, Corporate Services, Engineer Farouk Garba Sa’id.
According to the Statement, Mr. Adokiye Tombomieye, the Group General Manager, Crude Oil Marketing Division (COMD), has been appointed the new Chief Operating Officer (COO), Upstream while Mr. Mohammed Abdulkabir Ahmed, the Managing Director of the Nigerian Gas Marketing Company (NGMC), has been appointed the new Chief Operating Officer, Corporate Services, following the retirement of Engr. Farouk Garba Sa’id, last week.
The top-level staff movement also affected Sir. Billy Okoye who has been redeployed from the NNPC Downstream Company, NNPC Retail Limited, as Managing Director, to replace Mr. Tombomieye as the Group General Manager, Crude Oil Marketing Division while Mrs. Elizabeth Aliyuda, the General Manager, Sales and Marketing NNPC Retail Limited, takes over from Sir Okoye as Managing Director.
Similarly, Mr. Usman Farouk, Executive Director Asset Management and Technical Services at the NGMC takes over from Mr. Ahmed as Managing Director.
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