Buhari Unbundles NNPC Into 7 Units
Yesterday, Pres. Buhari approved the unbundling of NNPC into 7 independent operational units. 5 of the 7 operational units will be strictly business-focussed in line with global best practices of national oil companies.
They 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) and 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.
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