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NNPC Saga: Unbundling and Restructuring?

Tony Orji by Tony Orji
March 12, 2016
in Uncategorized
Reading Time: 2 mins read
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 A lot of things are happening in the petroleum sector now. We only wish it turns out for the good of the Nigerian citizens.

The restructuring exercise at the Nigerian National Petroleum
Corporation is apparently causing confusion at the oil firm as some of
its officials seem not to know who to report to in what office.

It was gathered that the mild drama was because many of the
corporation’s employees were taken unawares by the major overhaul in the
firm’s organisational structure that was announced Thursday night.

The national oil firm, had late on Thursday, announced a major
re-organisation of its management structure, that snowballed into 54 new
appointments…

According to Punch, their correspondent had tried to conduct an
interview with some senior officials of the firm on Friday as regards
issues pertaining to the persistent petrol scarcity and the recently
suspended industrial action by the employees of the NNPC, but could not
do so as virtually none of those contacted were ready to speak on the
issues.

It was learnt that the re-organisation affected most senior officials at
the corporation and most of them had yet to fully settle down to know
and perform their roles, while others said they could not speak as they
were yet to know who to report to in order to get clearance before
speaking with the press.

Some labour unionists of the firm said the re-organisation was causing apprehension among workers.

“We know they have promised that they won’t relieve workers of their
jobs, but the way things are going these days and the sudden
announcement of re-organisation in the NNPC, make most of us jittery,”
an official who spoke on the condition of anonymity, said.

The restructuring of NNPC by its Group Managing Director, Dr. Ibe
Kachikwu, gave rise to the appointments of new managers into the
corporation, as well as the redeployment of units’ heads.

A notice from the Office of the NNPC GMD on Friday, stated that the
heads of business and services units have been redeployed, adding that
the exercise was part of the recent re-organisation of the NNPC.

Since last week, Kachikwu has been talking about the planned
restructuring at the national oil firm, in a bid to make it more
profitable for all Nigerians. 

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About Dr. Anthony Orji

Dr Anthony Orji

Senior Lecturer, Economics, UNN

Dr Anthony Orji is a Ph.D holder in Economics and a lecturer at the Department of Economics, University of Nigeria Nsukka.

He obtained his B.Sc, Msc and Ph.D Degrees from the University of Nigeria, Nsukka and a Post Graduate Diploma in Sustainable Local Economic Development (SLED) from Erasmus University, Rotterdam Netherlands.

Dr Anthony Orji

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