The Group Managing Director of the
Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, on
Sunday said the mandate given to him by President Muhammadu Buhari was
to turn around the entire commercial processes and procedures in the
corporation in order to impact on its growth trajectory and operations.
He clarified that his mandate
in the Corporation was to put in place an efficient, transparent and
profit-oriented processes and not to embark on a mass retrenchment of
the workforce.
Kachikwu, in a night statement
issued by Ohi Alegbe who is the Group General Manager, Group Public
Affairs Division of the corporation, stated that the reduction in the
directorate from eight to four at the top management cadre of the NNPC
was to refocus and sharpen the business aspiration of the Corporation,
adding that training and retraining of members of staff to align with
the new vision would be the next stage of the ongoing reforms.
The NNPC helmsman noted that
all Production Sharing Contracts, Joint Venture Agreements and all other
contracts between the NNPC and its various partners would be reviewed
to reflect current day realities in the global oil and gas industry.
Kachikwu reassured that the recent repositioning at the corporation was to put in place the right set of skills for performance.
According to him, the new
arrangement provides a veritable vista for upcoming professionals in the
Corporation to have a speedy career path.
He stated that the NNPC under
his watch would put in place mechanisms that would plug all revenue
leakages in the upstream, midstream and downstream sectors while adding
that all crude oil proceeds due for the Federation Account would be
remitted accordingly.
Tribune
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