Exclusive: Sweeping Changes Imminent In NNPC Following Kachikwu’s Exit


The Nigeria National Petroleum Corporation (NNPC) is to carryout major changes in key positions in the corporation and its affiliates Frontiersnews can confirm.
The planned shake up, which a source in the oil and gas sector described as “tsunami” and “earth shaking” is coming on the heels of the exit of Kachikwu who was until recently the GMD of the corporation.

A top industry source who spoke to our correspondent, on the condition of anonymity said the appointment of Mr. Maikanti Baru as the corporation’s group managing director (GMD) “is to rejig the NNPC organogram which was dismantled by Kachikwu and bring about efficiency in the day-to-day running of the NNPC as well as to bring about transparency in crude oil and gas allocation”.

Our correspondent gathered that beside the dismantling of the numerous consultants assembled by the former GMD to manage the nation’s crude oil and gas allocations in the last couple of months, there would also be a complete overhaul of the top management of the NNPC and its affiliates with a view to injecting fresh blood into the system.

The source said the hammer would fall on those who were brought through the back door, those who are unqualified to head departments and units, those who have worked to sabotage the effective running of the corporation in the last years as well as those who are unfit to work in the sector.

“There is no magic in the world that would make Baru succeed if he fails to overhaul the NNPC the way it is right now. People Kachikwu and former minister of petroleum resources Diezianni Allison-Madueke brought to the corporation who are occupying positions that they don’t deserve would have to go and those who came through the back doors would have to be eased out of the system too,” the source stated.
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