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What Buhari told me to do at NNPC- Ibe Kachikwu
Dr. Ibe Kachikwu:Minister of State for Petroleuem

What Buhari told me to do at NNPC- Ibe Kachikwu

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has given an indication of the assignment and mandate given to him by President Muhammadu Buhari.

The GMD stated emphatically that 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 noted that his assignment at the Corporation included  in place putting in place an efficient, transparent and profit-oriented processes and not to embark on a mass retrenchment of the workforce.

Kachikwu, in a statement issued by Ohi Alegbe 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 Dr Kachikwu, 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

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