President Muhammadu Buhari on Tuesday
evening fired the managing directors of the subsidiaries of the Nigerian
National Petroleum Corporation and retired 38 top management staff of
the firm, trimming down their number from 122 to 83.
The President also approved four new directorates for the national oil corporation and appointed four directors to man them.
Buhari further allowed the firm to
recruit 12 private sector players into its management cadre to help it
jump-start a new business outlook to enhance its operational environment
as a profit-driven business and wean the firm from its present civil
service orientation.
The
four new directorates are Exploration and Production, Finance and
Services, Refining and Technology, and Commercial and Investment.
As the restructuring at the corporation
went on, our correspondent observed that a good number of staff members
of the oil firm stayed back on Tuesday evening, even after closing for
the day’s job.
Many of them were spotted discussing in
hushed tones, while a few visibly tensed workers made it clear that
there was fear of job losses in the air at the NNPC, going by the
downsizing of the executive positions from eight to four and the
trimming of top management staff from 122 to 83.
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