The Nigerian National Petroleum Corporation (NNPC) has conducted a massive reorganisation of the top management staff of the company, which involves the sack or replacement of about 50 senior personnel of the oil firm and its subsidiaries.
Recall that, in 2017, the corporation also had a major shake-up which affected 55 top executives of the oil firm.
Herald Nigeria gathered that the Managing Director of the Nigerian Petroleum Development Company (NPDC), Yusuf Matashi, was removed and replaced by Usman Yusuf, the Senior Technical Assistant to the Group Managing Director.
The shake-up will also affect other subsidiaries of the NNPC including the Nigerian Gas Marketing Company, which is the marketing arm of the Nigerian Gas Company; Kaduna Refining and Petrochemical Company; and the Liquified Natural Gas arm of the group.
“Some persons were promoted and others were removed. The reorganisation affected 50 senior management staff members in all. The Managing Director of NPDC, Yusuf Matashi, was removed and he was replaced by Yusuf Usman, the Senior Technical Assistant to the GMD,” one of the sources stated.
The source added, “There are many others, about 49 of them, but the removal of the NPDC boss is the prominent one in this latest reorganisation exercise.”
“Aside from the NPDC, the Nigeria Gas Marketing Company in Warri was affected. A lot of persons at the Liquified Natural Gas arm of the corporation in the corporate headquarters were also affected in the reorganisation. The Kaduna Refining and Petrochemical Company was also affected,” another source stated.
Another source, who said workers at the corporation are disgruntled over the latest move., added that many had argued that the reorganisation was one-sided and did not show fairness to the six geopolitical zones of Nigeria, as a greater number of appointees were from one region..