Nigerian government unbundles state oil company, NNPC, into 7 units

President Muhammadu Buhari on Tuesday approved the immediate unbundling of the Nigerian National Petroleum Corporation, NNPC, into seven independent operational units.
The Minister of State for Petroleum Resources, Ibe Kachikwu, who announced the unbundling of the national oil company in Abuja, said five of the seven operational units will be strictly business-focussed in line with global best practices of national oil companies.
The new units include those for Upstream, Downstream, Gas & Power, Refineries, Ventures, Corporate Planning & Services and Finance and Accounts.
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), while Babatunde Adeniran, Ventures.
The Group Executive Director in charge of Finance & Services would be Isiaka Abdulrazaq, while the Executive Head, Corporate Services will be Isa Inuwa.
All appointments take immediate effect.
DON'T JUST READ BUT MAKE MONEY CLICK HERE TO CHANGE YOU LIFE

Comments

Wife discovers husband having gay sex

Abuja - A woman in India caught her husband having gay sex in their home after installing miniature video cameras, Dailymail reported. The man has been arrested for the consensual act as in the country it is illegal to take part in such. One can be sentenced to life imprisonment. Read more hot news good and lattest Bookmark gidesmx.blogspot.com

Six Nigerian Female Celebrities With The Highest Number of Instagram Followers

TONTO DIKEH ON instagram @TONTOLET Ranking 5th on the list is Nollywood’s controversial actress Tonto Dikeh. Known not just for her acting skills, Tonto became even more famous with her sojourn into the music business which has been termed by many critics a bad venture. Whether you like or hate her, Tonto Dike controls a wide fan base and currently has a hundred and six thousand (106,000) followers on Instagram.

Delta Boy Charmed His Mom, Impregnates Her

A 19- year-old Abel ( surname withheld ) recently promoted to SS 3 in one of the secondary schools in Asaba, Delta State has allegedly put his mother in the family way after he had a carnal knowledge with her few months ago . Reports said that the boy, popularly called Ekenem , was said to have consulted a native doctor , who allegedly prepared a love charm for him to use on his mother and one of the matrons in the college where he is a boarding student. Although sources said the act committed by the boy still remains a misery to those in the know , but the father of the boy, a Port Harcourt based businessman was said to have reported the matter to the police. DSP Celestina Kalu, police public relations officer in the state , who confirmed the report , disclosed that the boy has been arrested over threat to life and other related acts , adding that the police were still investigating the circumstances of the pregnancy . As it were , it was reliably gathered that th...

The Great Place To Always Be

Search This Blog