By Abdullahi Mukhtar Algasgaini
The Nigerian National Petroleum Company (NNPC) has carried out a major restructuring, leading to the dismissal of over 200 officials, including top executives.
The shake-up, ordered by newly appointed Group CEO Bayo Ojulari, marks his first major action since taking office on April 4.
Among those affected are Bala Wunti, former head of the National Petroleum Investment Management Services (NAPIMS), and Lawal Sade, NAPIMS’ chief compliance officer.
Ibrahim Onoja, Managing Director of the Port Harcourt Refinery, was also removed. Sources within NNPC say the restructuring aims to create more leadership opportunities for women and minority groups.
Maryamu Idris has been appointed as the new Managing Director of Trading, replacing Sade, while Obioma Abangwu takes over as Chief Liaison Officer for NNPC’s management board.
NNPC’s corporate communications team has not yet commented on the development. Ojulari, a former Shell executive, replaced Mele Kyari, who led the company for five years before his removal.