Topic: RESTRUCTURING OIL AND GAS SECTOR

MAJOR CHANGES IN NNPC TOP MANAGEMENT

The President of the Federal Republic of Nigeria has approved major changes in the top Management of the Nigerian National Petroleum Corporation (NNPC).

In the exercise, the current six Group Executive Directors have been replaced as follows:

New Appointments

Dr Attahiru Baba Yusuf (North East)
Ag. Group Executive Director (Corporate Services)

Mr Augustine Olusegun Oniwon (North Central)
Ag. Group Executive Director (Refining and Petrochemicals)

Mr Philip Onwuzuike Chukwu (South East)
Ag. Group Executive Director (Exploration and Production)

Mr Aminu A. Babakusa (North West)
Ag. Group Executive Director (Commercial and Investment)

BY THE SPECIAL GRACE OF GOD WE'LL ALL BE FAVOURED (AMIN)

Mr Faithful Abi Abiyesoku (South South)
Ag. Group Executive Director (Engineering and Technology)

Mr Micheal Abiodun Arokodare (South West)
Ag. Group Executive Director (Finance and Accounts)

Out Going Management

Mr Ibrahim Waziri (North East)
Group Executive Director (Corporate Services)

Engr Onochie Azubuike Anyaoku (South East)
Group Executive Director (Refining and Petrochemicals)

Engr Chris Ogiewonyi (South South)
Group Executive Director (Exploration and Production)

Alhaji Shehu Ladan (North West)
Group Executive Director (Commercial and Investment)

Engr Olusola Williams Ayangbile (South West)
Group Executive Director (Engineering and Technology)

Mr Stanley Lawson (South South)
Group Executive Director (Finance and Accounts)

According to the Group Managing Director of the NNPC, Dr Mohammed Sanusi Barkindo, the ongoing changes are in response to the enormous challenges of survival and growth of the corporation.

The appointments take immediate effect.