New NNPC Boss, Kachikwu Sacks All Subsidiary Heads, Retires 38 Managers, Appoints New Executives

Based on the latest reports, Emmanuel Kachikwu, the new managing director of the Nigerian National Petroleum Corporation (NNPC) has sacked all the managing directors of its subsidiaries and retired 38 senior managers.

According to The Paradigm, the recently appointed NNPC boss attributed the move to the federal government’s attempt to transform the NNPC into a fully transparent and accountable company “keeping with international best practices”.

The body also announced the appointment of new executive directors approved by President Muhammadu Buhari.

Those newly appointed are Dr. Maikanti Baru, Group Executive Director, Exploration & Production; Mr. Isiaka Abdulrazaq, Group Executive Director, Finance & Services; Engr. Dennis Nnamdi Ajulu, Group Executive Director, Refining & Technology; and Dr. Babatunde Victor Adeniran, Group Executive Director, Commercial & Investment.

See below, photos of the new Executive Directors;