Constant restructuring at NNPC may lead to policy inconsistency

As the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, met with the new appointees of the recent restructuring at the NNPC to brief them on what their duties would be this morning at the NNPC Towers, some industry operators feel the frequent changes in the NNPC is a show of inconsistency in policy direction under Kachikwu who is also the Group Managing Director of the NNPC, The Guardian reports.

On August 11, 2015, Kachikwu effected changes that brought in four group executive directors, and reduced top management from 122 to 83. Kachikwu argued then that the changes were in line with the Federal Government’s aspiration to transform the corporation into a lean, efficient, business-focused, transparent and accountable national oil company in keeping with international best practices.

Only 213 days later, Kachikwu has again swept the top management aside and brought back the hitherto dismantled seven directorates. In the never-ending restructuring of the NNPC, the new seven directorates include Upstream, Downstream, Refineries, Gas and Power, Ventures, Finance and Accounts and Corporate Services.

What appears to confuse industry watchers even more is the addition of Chief Operating Officers (COOs) to the Group Executive Directors (GEDs) nomenclature. Under the new arrangement, the Group General Managers (GGMs) Strategy and Execution are expected to support the GEDs/COOs. There also appears to be more confusion in the downstream sector where Esther Nnamdi-Ogbue has now been moved to retails as managing director, following the scraping of the Petroleum Products Marketing Company (PPMC).

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