Business

NNPC fires top managers in major restructuring

NNPC fires top managers in major restructuring

The Nigerian National Petroleum Company (NNPC) Ltd has terminated the appointment of many senior staff members, including some directors.

The latest action aimed to achieve major reorganisation of its management is said to affect about 200 personnel.

Some of those affected, newstrends learnt, are Bala Wunti, former chief of National Petroleum Investment Management Services (NAPIMS), and Ibrahim Onoja, managing director of the Kaduna Refinery.

Lawal Sade, the chief compliance officer and former managing director of NNPC Trading, was also asked to leave.

Most of those sacked were said to be close to Mele Kyari, who was removed as group chief executive officer (GCEO) of the company on April 2, 2025.

The development has however resulted in an increased representation of women on senior leadership cadre, including the appointment of Maryam Idrisu as managing director of NNPC Trading and Obioma Abangwu as chief liaison officer for board matters.

This is coming four weeks after Bayo Ojulari took over from Kyari.

Ojulari appointed an eight-member senior management team for the NNPC three days after he assumed office as GCEO of the organisation.

Trends Admin

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