Kachikwu Sacks Subsidiary Heads, Appoints New Executives.

Based on the latest reports, Emmanuel Kachikwu, the new managing director of the Nigerian National Petroleum Corporation, sacked all the subsidiaries of the group and retired 38 senior managers.

According to The Paradigm, the recently appointed NNPC boss attributed the move to the federal government should 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.

The new NNPC seniors are: Maikanti Baru (executiveq director, Exploration and Production), Isiaka Abdulrazaq (executive director, Finance and Services), Dennis Ajulu (executive director, Refining and Technology), Babatunde Adeniran,(executive director, Commercial and Investment).

READ ALSO: Buhari Meets With Kachina A series of other appointments for non-exclusive positions has also been announced.

It should be recalled that Kachikwu assumed office last week. It is believed to be an attempt by President Buhari to restore the reputation of the body associated with scandalous corruption cases.

The new NNPC boss has already relieved the managing director of the petroleum products and marketing company, Prince Haruna Momoh, of his duties and sacked all the group executive directors.

Meanwhile the country leader has vowed to start the proceedings against public funds looters in the nearest future. Buhari insisted that Nigerians have the right to know “those that had short-changed them”.

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