US EditionNigeria: NNPC Sacks Top Officials
- The leadership of the three government-operated refineries was dismissed by NNPC Ltd, which also instructed management personnel approaching retirement within a year to leave by April 2025.
- The dismissals followed President Bola Tinubu’s earlier removal of the NNPC board, including former GCEO Mele Kyari and Chairman Pius Akinyelure, amid refinery underperformance concerns.
- NNPC appointed a new 8-member senior management team led by GCEO Bayo Ojulari, who pledged to advance the company's growth and energy sector investments.
- Refineries faced significant challenges such as the shut Warri facility due to safety issues and Port Harcourt operating below 50 percent capacity despite $897.6 million spent on maintenance.
- The shake-up aims to refresh personnel, improve refinery operations, and execute Ojulari’s goals to raise production and sector investments by 2027 and 2030.
16 Articles
16 Articles
NNPCL sacks Port Harcourt, Warri, Kaduna MDs, others
The new management and board of the Nigerian National Petroleum Company Limited, led by its Group Chief Executive Officer, Bayo Ojulari, and Musa Ahmadu-Kida, as executive non-chairman, have reportedly sacked the managing directors of the Port Harcourt, Warri, and Kaduna refineries operated by the state-owned firm. Also, some senior officials of NNPCL have been shown the exit door, among them is Bala Wunti, a former chief of the National Petrole…
NNPCL appoints Idris, Obioma, sacks P/Harcourt refinery’s MD, 200 others - Daily Trust
The Nigerian National Petroleum Company (NNPC) Ltd has appointed Maryam Idrisu as Managing Director of NNPC Trading and Obioma Abangwu as Chief Liaison Officer for Board Matters. This followed the reported sack of over 200 staff, including loyalists of the former Chief Executive Officer (GCEO), Mele Kyari. According to sources, those departing immediately are Bala Wunti, former chief of National Petroleum Investment Management Services (NAPIMS),…
NNPC GCEO Sacks Refinery MDs In Bold Move To Halt Value Erosion
May 01, (THEWILL) – In a sweeping move aimed at halting continued value erosion in Nigeria’s refining sector, the Group Chief Executive Officer of NNPC Ltd., Mr Bayo Ojulari, has relieved the Managing Directors of the company’s three refineries, Kaduna, Port Harcourt, and Warri—of their duties. The decision, which takes immediate effect, marks a significant […] The post NNPC GCEO Sacks Refinery MDs In Bold Move To Halt Value Erosion appeared fir…
NNPC Asks Staff With 1-Year To Retire To Resign
The Nigeria National Petroleum Company Limited (NNPCL) has reportedly advised about 200 staff who have one year to retire to resign.The development followed the ‘sack’ of the Group Managing Directors of the National Petroleum Investment Management Services (NAPIMS), Port Harcourt, Warri and Kaduna refineries. They were relieved of their duties on Wednesday.However, a comprehensive list of the affected 200 staff had yet to be made available, but …
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